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/biz/ - Business & Finance


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11713583 No.11713583 [Reply] [Original]

Buy the dip

>> No.11713598
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11713598

>zoom in

fine.

>> No.11713604

>That scale
Kek

>> No.11713658

>>11713583
But we're going to the moon brother?

>> No.11713680

>>11713658
When though? I can't take it anymore, I cashed out at a 85% loss today and it feels liberating.

>> No.11713765

>>11713680
idk wtf to do, some are saying to buy in on these cheap altcoins like stellar, others are saying cash out completely everything is going to hell, ETF this, Chainlink that. Fuck it no one knows anything except the fact that they know nothing, and I think its about time I knew that

>> No.11713806

>>11713765
amen brother

>> No.11713826

>>11713583
10/10/2018 my ass. See you all at the next halving in 18 months. Lightning better be ready for all our sakes

>> No.11713847

>>11713765
There hasn't been a new bottom in months. Why do you think people want others to cash out? Because it's the last chance to buy low in this low volume market.

>> No.11713968

>>11713847
Nobody knows, it could still easily drop another 70-80%.

>> No.11714098
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11714098

k

>> No.11714110
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11714110

>>11713583
>>11713598
Get in carefully, I'd say.

>> No.11714124
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11714124

>> No.11714131
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11714131

>>11714110
i can pull numbers out of my ass too

>> No.11714139

>>11713604
you realise that shitting on log scale is equivalent of showing a card saying "im an ignorant newfag and i dont know how anything works", right? log scale is infinitely more important than retarded linear scale.
that being said, this is not the bottom and we are going to at least $3800

>> No.11714182

>>11713968
highly unlikely, but that would mean i can multiple my stack, so i'm all for it.

>> No.11714242
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11714242

This is what is gonna happen

>> No.11714282

>>11714242
Can you guarantee this? If so I might buy back in.

>> No.11714289
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11714289

>>11714139
>"im an ignorant newfag and i dont know how anything works"
>this is not the bottom and we are going to at least $3800

>> No.11714293

>>11714282
i think he's on the money for the drop, but the next growth cycle won't come until the next halving 2020. 2019 will be very bleak/accumulation time and there is no reason why it would suddenly moon

>> No.11714753

>>11714293
There's always the chance that Trump will endorse Bitcoin as the national currency for the US.

>> No.11714760
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11714760

>>11714753
And let the chinese mining pools manipulate their currency...

The absolute state of biz

>> No.11714780

>>11714753
>there's always the chance
that's like saying "there's a chance that millions of 200 foot long sandworms exist and we just haven't seen them yet because they have always been in the exact spots that no one looked at at that moment"

>> No.11714806
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11714806

>> No.11714811

>>11714098
nigga you can't even read the timescale?

>> No.11714822

>>11714806
There is absolutely zero point doing TA that spans before 2014. TA can only predict mass herd mentality. The volume pre 2014 was so low, that TA is absolutely unpredictable, when a single entity could have pumped or dumped the market 10% in a day.

>> No.11714862

>>11714753
Trump is the fuckin poster boy for old finance: stocks, index funds, real estate, etc.
Theres no way a fucking 70 year old man is going to be the one to foster the feds use of crypto.

>> No.11715045

>>11714862
I thought Trump was in touch with today's youth.

>> No.11715050
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11715050

>>11715045
No, you heard wrong.Trump likes to touch today's youth.

>> No.11715255

>>11713583

The 6k price floor looks so fake it's ridiculous

This is all just a tether induced fake price floor designed to give people a false sense of surety that this is the bottom, it just doesn't look natural at all, it should have continued going down towards 3k, but because some crypto jew is busy fiddling the fucking books out in the bahamas, we'll likely have to endure another "surprise" market event and then the whole bear market will be drawn out by another year all to benefit the wonky shonky at bitfinex and the dark yid over at bitmex

>> No.11715290

>>11713680
>>11713765
They’re all going up. We’re all gonna make it.

>> No.11715317

>>11715255
If it's so fake why has it held for 9 months.

>> No.11715551

>>11715317

because it's entirely possible to control the market for 9 months

>> No.11715743

>>11715551
Sure, just like it's fucking possible we're in the matrix. Grow up kid.

>> No.11715749

>>11713765
Buy 75% btc and 25% alts. Just look at past few months. Btc has remained within a stable area and alts continue to drop down.

>> No.11715769

>>11715743
Are you retarded? Literal trillion USD markets are manipulated.

>> No.11715836

>>11715769
I am actually, so fucking what.

>> No.11715919

>>11715836
Yes, he is right. You do seem retarded. Look at the percentage holding split for bitcoin. It is almost entirely controlled by a few parties. It would be exceptionally easy to build and maintain a price floor for as long as they wanted at this volume, then yank it out whenever they feel like. This is the most manipulates market on earth.

>> No.11716045

>>11715919
Say you're right, why would they just randomly 'yank it out' now after so long?

>> No.11716126

>>11715919
If that were the case you could make a case that finex and tether was leading the market the whole time by gathering evidence of bitcoin movements.
I dont think theres such evidence. Sometimes finex leads the market, sometimes bitmex, sometimes coinbase. Tether is not stable a lot of the time.

>> No.11716130

>>11716045

Imagine wanting to liquidate a large pile of Bitcoin for a higher than market price, then making double your fucking stack shorting it when you know you can tank the price.

Now who would want to do something like that?

>> No.11716181

>>11716130
No one has enough BTC to do that.

>> No.11716424
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11716424

>>11714242
>>11714282