/biz/ - Business & Finance

[Anonymous No.11880534]

>He thought we have seen media attention
>He sold in the small dip
>He thought 20K was the highest it would ever go
>He thought investing was daytrading
>He will not make it

[Anonymous No.11880551]

cope harder

[Anonymous No.11880562]

cope

[Anonymous No.11880573]

>>11880534
t. december buyer

[Anonymous No.11880578]

we are at fear
capitulation begins soon faggots

[Anonymous No.11880580]

Max delusion. Neck yourself OP.

[Anonymous No.11880589]

>>11880534
come on be honest, that looks like 2013 you are pointing at

[Anonymous No.11880590]

if this isn't actually a meme and we're thinking long term
I still don't think were going to make it unironically

[Anonymous No.11880591]

Fuck off

[Anonymous No.11880632]

>>11880578
all hypothesized barriers have fallen. the last wall that stands is 1k and i expect it to temporarily dip below - there is nothing between here and the magical 4-digit-wall that keeps it up

[Anonymous No.11880654]

>>11880534
holy fuck this is cope

[Anonymous No.11880667]

>>11880534
You are one retarded motherfucker.
Thanks for buying my bags, I might've lost 60% but at least not everything.

[Anonymous No.11880670]

>>11880632
it may have a dead cat bounce at 2.5k though

[Anonymous No.11880675]

>>11880632
2018 hasn't fallen yet.

[Anonymous No.11880696]

>>11880675
you wish it was over already

[Anonymous No.11880737]

>>11880534
LMAOOOOOOOOOOO

[Anonymous No.11880755]

>>11880534
Wait. If this is a small dip, how is going to be the big one? From a million to a hundred or what?

[Anonymous No.11880819]

>>11880755
its literally just a dip on the log scale

[Anonymous No.11880841]

[Anonymous No.11880881]

makes sense that the normies I was talking about this last thanksgiving, the ones who had never made an investment in their entire lives and all of a sudden knew about the most obscure of shitcoins, they're actually what we would term "institutional investors". wait until we get some media attention and the public finally hears about this great new technology!

[Anonymous No.11880883]

>>11880819
but it's 500 less in your wallet faggot

[Anonymous No.11881308]

>>11880534
Oh sure OP that "first selloff" indeed looks like 80% dip

[Anonymous No.11881536]

>>11880534
This is the bottom. We will be at 50K BTC by July 2019.

[Anonymous No.11881548]

>>11880534
This is true. In December we had media hype and even the biggest of normies were talking about crypto and putting money into it. However, if you look at how much the marketcap increased compared to how mainstream crypto appeared to be you can calculate that normies were only putting in their spare change into crypto to test the waters. All the normies I know only put in about $100 just to try it out. After all the weak hands are shaken out and crypto recovers over the next few years we will go on another bullrun but this time the normies who got burned will think they are smarter this time and will put in much more money to try and make it this time around instead of getting fucked.

[Anonymous No.11881578]

Now is the perfect time to invest. Don't let doomsayers get you down, if you can't ride out one small crash then you deserve to be a wagie forever.

[Anonymous No.11881588]

>>11880632
If it gets anywhere near 1-2k then we move from the fear and bargaining state to capitulation and a mass Self off of people trying to get rid of assets they believe will be useless soon ensues thus wiping out the rest of its value

[Anonymous No.11881628]

>>11881548
>>11881578
This. We have not seen "money" go into crypto yet. Nothing has entered. Anons seem to think they are not early adopters for some reason.

[Anonymous No.11881659]

>>11880534
Real question
I put in 20k fiat this time last year
Reached 120k ATH
Didn’t sell because I am a brainlet
Back to 20k today
Should I sell or is there hope?
I work a good job, have my own place and zero debt
20k is still a lot of money for me though
What would you do seriously?

[Anonymous No.11881720]

>>11881628
>If "not enough" money has gone into crypto, then a lot of money will go into crypto.

Solid logic there, bro.

[Anonymous No.11881722]

>>11881659
If 20k is a lot of money to you... this brings up the question on why you are risking a lot of money on the most speculative investment available in the world today. Age old investment advice indicates you should only invest whatever you are willing to lose. Personally, I would diversify into other projects other than bitcoin.

[Anonymous No.11881820]

I vividly remember during peak 2017-January 2018 mania, normies I worked with shared the following traits:
- Had heard of crypto & bitcoin
- Was a casual talking point "but I have no idea what any of it means"
- No idea how to buy any
- EOD invested $0 in it

This isn't the stealth phase, but we are in fact definitely early adopters.

[Anonymous No.11881852]

>>11880551
The trade war is a democrat hoax

[Anonymous No.11882018]

>>11880534
There already was media attention

[Anonymous No.11882480]

>>11882018

Yeah during 2013 bullrun.

[Anonymous No.11882542]

as soon as the MSM starts talking about it and the plebs remember btc exists again it's gonna PUMP can't wait!

[Anonymous No.11882550]

>>11882480
This. Media attention means instructions for setting up your wallets and how this impacts your life. We are close though. We have not seen media attention yet. We have seen barely working projects - nothing more.

[Anonymous No.11882573]

>>11882550
>Media attention means instructions for setting up your wallets and how this impacts your life.

There were actual financial news outlets explaining how people could buy Ripple

[Anonymous No.11882586]

AHAHAHAAHAHAHAHAHAHAHA

Are there really December buyers who have not sold yet?

Holy fuck my sides

[Anonymous No.11882587]

>>11880534
holy mother of cope
how much did you invest in this ponzi? you're fucked beyond belief

[Anonymous No.11882591]

>>11881820
>we are the early adopters

[Anonymous No.11882593]

>>11882573
How many local news stories were switched to crypto "training" segments? None. Maybe on CNBC but not normal "normie" channels.

[Anonymous No.11882609]

>>11882550
It’s come and gone bud

[Anonymous No.11882616]

>>11882593
>CNBC
>Not a normie channel
Jesus

[Anonymous No.11882640]

>>11882616
What is the viewership of CNBC daily? How about all combined worldwide local news sources? Jesus.

[Anonymous No.11882650]

>>11882550
My boomer father who can't even use computers came to talk to me about bitcoin shortly before the peak
It was all over the media, even the normiest of them

[Anonymous No.11882655]

>>11880534
>be me
>2017, at a bar
>some roastie asks what i do, tell her i trade crypto
>she laughs
>w-whats wrong?
>she tells me she saw the documentary on John McAffee on netflix and listened to a podcast about him
>hes like in crypto right? and he had girls shit in his mouth through like a hammock?
>isnt he just a big scammer? so cryptos like a big scam?

[Anonymous No.11882664]

>>11882650
How many tens of thousands of dollars did he invest? What? 0? What is your point then?

[Anonymous No.11882720]

>>11882664
Media attention != universal adoption
I started saying that Bitcoin has already been talked about everywhere. You are saying that at some point everyone and their mothers will buy bitcoin because it hasn't happened yet

[Anonymous No.11882741]

>>11880534
>>He thought we have seen media attention
Even my grandma living in the village in the middle of nowhere in Ukraine has heard about buttcoin. You are delusional.

[Anonymous No.11882742]

>>11881820

This. People here seem to be terrible at estimating these things. Everyone talked about it in december but the bubble popped way too quick for them to actually buy in. December was the time most people HEARD about crypto, not that many actually bought.

[Anonymous No.11882767]

Most of the people with whom I had discussions regarding cryptocurrency during the bull run of 2017 were definitely interested in the technology but either had no intention to invest or were eager to invest but had no idea how to do it.

You have to do a lot of research in order to exchange fiat for the cryptocurrency of your choice as well as how to secure it properly using something like a ledger nano s. The normies have not invested large sums of money yet because there is no service that allows them to do so or promises to protect their funds from potential threats. Normies don't want to research how to buy, sell, and store their funds. They want someone to do it for them. That is why I think Bakkt or exchanges similar to it will be important for the next bull run.

[Anonymous No.11882775]

>>11880551
>>11880562
>>11880573
>>11880580
>>11880589
>>11880654
>>11880667
>>11880737
>>11881308
>>11881720
>>11882586
>>11882609
>>11882655
Screen Capped and ordered for nice 16x20 framed picture for home. Thanks frens.

[Anonymous No.11882777]

>>11882650

>My boomer father who can't even use computers came to talk to me about bitcoin

>talk to me about bitcoin

>talk

[Anonymous No.11882808]

>>11882777
Holy checked. Still so many delusional Anons here. They cannot handle drops in price in a highly speculative unregulated market.

[Anonymous No.11882820]

>>11882742
Yeah and now all those people who heard about Bitcoin know it as that weird internet money that's risky as fuck

[Anonymous No.11882941]

>>11882820
Which is exactly what it is.

[Anonymous No.11883021]

>>11882820

Yeah don't get me wrong, it's very likely that these people will NEVER buy.

[Anonymous No.11883065]

The early adopter thing is just a meme right? It has been like a decade guys.

[Anonymous No.11883076]

Btc 10k eoy. I know a guy.

[Anonymous No.11883133]

[Anonymous No.11883314]

>>11880632
Triple digits are expected I made a post about it a few days ago

[Anonymous No.11883377]

>>11880551
>>11880562
>>11880573
>>11880578

Daily reminder that were the same retards making fun of people buying at $150. Have fun showing up on the next collage for the ATH.

[Anonymous No.11884014]

>>11883377
>p=p=p=p=p=p=p=p=p=p=p=p

[Anonymous No.11884018]

>>11883377
At $150 normalfags hadn’t gotten burned. Governments hadn’t begun to regulate. Market manipulation hadn’t reached insanity. The game is up, leave /biz/ we don’t want to talk about crypto shit anymore.

[Anonymous No.11884042]

BASED AND REDPILLED

[Anonymous No.11884191]

>>11882593
correct. i used to work in media and pushed crypto articles ONLY because i've been in BTC since 2013 bubble and fucking love it. everybody in the media industry who is not a crypto fan, not an economist geek and not a techie dismissed it as magical internet money. the fact that it climbed from $2k (when i first started babbling about it to coworkers) to $20k and then back to $3k just proved their own tactic of writing off BTC as internet nerd shit that they're too lazy to research and isn't interesting except as a tulip-like bubble. The media still knows fuck all and also LMAO if you think the media's lack of interest in BTC/crypto proves that it's not the most historically and politically significant thing since the internet.

[Anonymous No.11884362]

>>11884018
>biggest losses of coins ever on mtgox clusterfuck
>everything x100 times more amateur
>talks of Fidelity, ETF seen as insane
>"t-the fundamentals were better"

[Anonymous No.11885052]

>>11880534
Seems like those 1000 eoy memes were real after all...

[Anonymous No.11885070]

>>11884018
mtgox really was a mess. "ddos" attacks would push it offline at very volatile moments. theyd shut down trading if it moved too quick, registration not always open, deposit funds not always available. then you get to mtgox bots that the site ran that operated even when the site was down for maintenance.