/biz/ - Business & Finance

[Anonymous No.12211400]

What do you think, /biz/?

[Anonymous No.12211413]

>>12211400
Accumulate Q1 2019. Make it in 2019/2020

[Anonymous No.12211460]

>>12211400
idk whats going to happen i just know if we touch $5k im going to take such a big fucking short position. going to make like 5x my stack when we dump from there

[Anonymous No.12211478]

>>12211400
2017 was the golden bull run
2014 was first sell off

Accept you missed the boat, and move on

[Anonymous No.12211487]

Bitcoin was in a bullrun year after year, so yes obviously any price movement that you can find during that huge bullrun will be followed by a price increase.

That doesn't indicate that the pattern is responsible (or an indicator) for the price increase, it just means that bitcoin was in a 5+ year bullrun.

Fuck, the amount of retards in crypto who think they are all-star financial market analysts is mind boggling.

[Anonymous No.12211491]

>>12211478
kek these fags never learn
the golden bull never ends

[Anonymous No.12211560]

>>12211491
>muh magic bullrun

[Anonymous No.12211564]

>>12211478
this is redpilled as fuck... and a hard redpill to swallow.

[Anonymous No.12211603]

>>12211478
Like how you missed the whole internet thing in 2001.

2018 was the first sell off.

[Anonymous No.12211608]

>>12211400
We'll touch $3K again next week, but it shouldn't break.

[Anonymous No.12211649]

>>12211400
Yeah, carefully selecting which candles you should use to draw those meme lines is 100% valid, especially when you choose to avoid top 2 biggest ones.

[Anonymous No.12211668]

>>12211603

It will be YEARS until we match our ATH. 2022 at best. If ever.

[Anonymous No.12211694]

>>12211560
>>12211668
>this was it

[Anonymous No.12211734]

>>12211668
We have time.

[Anonymous No.12211946]

>>12211668
Nah we've never had hyper liquidity with all the retards "tethered up".
Never had so many people watching on the sidelines.

This shit is gonna rip a hole in the economy. It's gonna be like a money bomb.

[Anonymous No.12212023]

>>12211668
https://medium.com/@vijayboyapati/the-bullish-case-for-bitcoin-6ecc8bdecc1

read this, essentially sums up the process for a new store of value and monetary system to take over.

The forthcoming world recession will only accelerate bitcoin adoption.

[Anonymous No.12212240]

>>12211478
Alright, so there are two things to pretty much explain this.

> Can the bull run be manufactured?
> Is there an incentive to manufacture a bull run?

If you answer yes to both then you can bet your ass its basically going to happen every 2 years from now on.

[Anonymous No.12212271]

>>12211946
>Nah we've never had hyper liquidity with all the retards "tethered up".

Not only that but stable coins with no need to even use an exchange. We have so much tethered up money that a confirmed bull would fucking push us over 10k in less than 24 hours lol

[Anonymous No.12212860]

>>12211487
>Fuck, the amount of retards in crypto who think they are all-star financial market analysts is mind boggling.
gives market analysis

[Anonymous No.12212966]

>>12211478
Yup. It's all over. Sell all your bags or be poor when it hits 0.

[Anonymous No.12212978]

>>12211478
Based and redpilled

[Anonymous No.12212984]

>>12211560
the golden bullrun never ends it's the definition

[Anonymous No.12213022]

There's a financial crisis coming in 2019 with a stock market collapse. Another 2008. People will be throwing in with gold and Bitcoin. I wouldn't count out another bull market later next year.

[Anonymous No.12213057]

>>12213022
Why the hell would people invest in something as volatile as bitcoin during a recession? If anything, btc will drop even more.

[Anonymous No.12213110]

>>12213057
Imagine your stocks have fallen 70-80%. Why would you pull out from a risky asset into another risky asset (fiat) which is being inflated? Wouldn't the logical thing to do be to put it in another asset that is low risk & increasing in value? That's going to be gold and Bitcoin this time.

[Anonymous No.12213121]

>>12213110
If things get so bad that stocks are falling by 80%, the only thing one should invest in is food water and ammunition. In a scenario like this bitcoin could very well go to single digits.

[Anonymous No.12213296]

>>12213121
I lived through the great recession. It was bad, but not anything like Mad Max/Book of Eli/Fall Out. Gold and silver was the thing everyone talked about investing in. If you were extremely lucky you got into Bitcoin but back then it was synonymous with Ponzi scam. Everyone including friends tried to explain how the housing market collapsed and it was the greedy borrowers that inflicted damage on themselves by spending. Nobody was stocking up on food and ammo - they weren't survivalists.

Just look at the demographics of people that own all the stocks. They are mostly the top1%. These people can buy only so much ammo and food. They will put their money into investment vehicles and I'm speculating that Bitcoin is something they are willing to put in 1-3% of their wealth in.

[Anonymous No.12213352]

It would be nice if it shot up like that. But, even if it goes sideways there is still money to be made on reversions to the mean. Not as fun and exciting as it rocketing up but gains can be made with many small increments compounding over time. In order for it to shoot up people will have to get interested in it in a big way. A lot of the people that got burned once last year are not going to jump back in too easily, in time they will forget or others will come along and dump money in. Unless it just plain breaks apart, fails, epic economic meltdown, revolution, it should come back up in time, slowly even.

[Anonymous No.12213427]

>>12212240
this is the correct answer

[Anonymous No.12213441]

>>12211400
>tfw i called the bottom months ago

[Anonymous No.12213451]

>>12213022
>equating gold with bitcoin

[Anonymous No.12213474]

>>12211478
>Accept you missed the boat, and move on
how about fuck you? stay on the sidelines cuck
I don't need 1000x to retire, 10-20x and I'll never work again a day in my life, you are retarded if you think btc won't be 40-60k at some point within the next 3 years or so

[Anonymous No.12213695]

>>12211400
Really making me think OP. I believe it will reverse violently.