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/biz/ - Business & Finance

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11444580 No.11444580 [Reply] [Original]

Bitcoin timeline

Save yourself until 2020 or get wrecked

>> No.11444603

>>11444580
first you should update your meme lines
faggot

>> No.11444615

Bitcoin is never dropping below 6k again you pajeet.

>> No.11444882

>>11444603

Just trying to help so you don't turn out like me

>> No.11444957

Back then Bitcoin was only for basement dwellers. Things have changed and everyone has heard of Bitcoin, applications are sprouting like mushrooms and we're at the start of mass adoption. You can't extrapolate the time intervals from the early data because conditions were totally different.

>> No.11445028

>>11444957

Agreee. This chart takes none of whats coming into account

>> No.11445065

>>11444580
This is the only reasonable TA I've seen on /biz, ever.

>> No.11445222

>>11444580
One thing. That graph applies to the entire cryptosphere. So before you start rejoicing, multiply 160 000 by the estimated BTC market cap % first.

>> No.11445272

pleeeeeease let this come true. no way this is happening but if so, i'll have more than 10 million$ in 2023

>> No.11445665

>>11445272
Why do you need to brag about that? You should help others instead by volunteering or teaching or being a part of a community. No one wants to hear you are going to be a rich fucking neet while we all starve to death because we didnt sell in december 2017 like you.

>> No.11445679

>>11444580
t. brainlet

>> No.11445767

>>11445665
Go cry about your lost bags somewhere else you fucking vagina. This place is for men only.

>> No.11445830

>>11445665
ok.. so OP sold the dip and is hoping we go lower

/thread

>> No.11445875

This is why most people won't make money on Bitcoin.

They wait outside the market and never get in until it's too late.

Anyway, enjoy your empty bags, we're leaving you at the station.

Toot toot!

>> No.11445914

>>11445665
You win some kind of record by how fast you went from based to faggot jesus christ anon

>> No.11446251

>>11445914
Hey its me on mobile yes I know I have a problem with that. I wish I wasn't such a faggot and could stay based. If I do better without dying fast I will do good but hope is fading.

>> No.11446321

>>11444580
unfortunately your meme lines are wrong because we are currently still in the 3rd cycle but not at the peak yet. We are still in a similar situation to cycle 2 where it looks like the peak after the first halving but then shoots up to the real peak and crashes.

>> No.11446374

>>11446321
Please?

>> No.11446391

>>11446321
Wow thank you for explaining anon

>> No.11446500
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11446500

>>11446321
this guy knows
op is a newfag

>> No.11446581

>>11446391
It's because growth is supposed to follow exactly down the middle not bounce off the top and bottom like op's pic is falsely assuming. The accurate meme line for growth should follow along slightly above the bottoms where most of the stable price movement is. The reason for the growth line being slightly above is to account for the fact that these price bottoms are corrective movements to balance out the inflated tops. As you can see the specified area in cycle 2 that I am referring to is more in line with the true growth curve. And if you follow that line out to where we are we are very close to that line. What is most important to notice is also that from a log perspective this bubble has been very tame and any corrective movements have already been priced in. Either we steadily go up or another bubble happens from here.

>> No.11446646

>>11444580
Pajeets and loosers will look at this chart and think it's bearfag delusion, but in reality it's bullish as fuck

I would love if the chart behaved like that

>> No.11446921

Pretty impressive curve fitting. I don't think it would hold up against backtesting though

>> No.11446999

>>11446646
I would too

Most of these fuxk bois don't realize I. Post that shit just to see what the mother fucking audience still has to say about it to Guage.

>> No.11447071

>>11444957
>applications are sprouting like mushrooms
Like what. All these applications are purely hypothetical.

>> No.11447188

>>11446321
This, we'll see bitcoin close to 100k before it enter to another long cycle, after that 500k-2m BTC.

>> No.11447228

>>11444615
imagine being this much of a newbullfag. baka

>> No.11447250

>>11446581
I'm going to study that's when I get home thank you very much

I didn't see this earlier when I was in class I miss this response from you so thanks very much

>> No.11447703

>>11446500
checked. I think it is very unlikely that the price of BTC will be in the five digits at the end of this year. That's a pretty bold red line there, Cotton.