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/biz/ - Business & Finance


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1377287 No.1377287 [Reply] [Original]

Bitcoins are going back up again, did you remember to buy the dip?

>> No.1377294

>>1377287
Bitcoins are going back down again, did you remember to sell the peak?

>> No.1377304
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1377304

"A so-called pennant formation suggests that a long-term trend in the price of a given asset is about to resume after a brief period of consolidation, according to Jonathan Krinsky, chief market technician at MKM Partners."

In this case, the read would be that bitcoin prices will soon take out their 2016 high—around $764 a coin, according to CoinDesk—reached on June 19.

>> No.1377313

>>1377304
Coindesk always predicts bullish prices. They are probably the most biased news publication ever to exist.

>> No.1377322

>>1377313
>oh shit we were wrong about our last prediction...
>this time its going up for sure though
>oh fuck that one was wrong too
>no seriously this time is different. it is for sure going up. for realsies
>...crap
>this time we are super serious. bitcoin will go up this month
>SEE I FUCKING TOLD YOU! IT WENT UP 5% FAGGOTS!!!! NOCOINERS BTFO

Yawn.

>> No.1377493

Looking forward to the day we hit $1000 a coin and commence launch.

>> No.1377950

>>1377493
>protip: that day never comes

>> No.1378496
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1378496

>>1377287

of course not

>> No.1378504

>>1377287
Are there exchanges fluid enough to cash out more than beer money?

If all the buying is in China how do western markets get cash?

>Exchange sells in China then wires money back
>muh banker liberation

>> No.1378705

Guess OP never actually had enough butt coins to cash out. Keep waiting for USD2000 so he can get $20.