[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]

2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

File: 82 KB, 2629x1045, Annotation 2019-12-13 033237.png [View same] [iqdb] [saucenao] [google]

Anonymous Fri Dec 13 04:34:50 2019 No.16547809 [Reply] [Original]

BTC longs have had a parabolic run up since Nov 23rd. Is there something they know that we don't?

>>	Anonymous Fri Dec 13 04:35:40 2019 No.16547814 >>16547809 the bottom is in

>>	Anonymous Fri Dec 13 04:35:42 2019 No.16547816 File: 245 KB, 1422x1127, 1576184459659.jpg [View same] [iqdb] [saucenao] [google] Is that bad

>>	Frenchbro !cJxLEZYaGY Fri Dec 13 04:36:03 2019 No.16547820 File: 52 KB, 1080x647, bulltards.png [View same] [iqdb] [saucenao] [google] kys

>>	Anonymous Fri Dec 13 04:36:54 2019 No.16547825 >>16547809 Yes. We are unironically in pre-halvening pump limbo

Anonymous Fri Dec 13 04:42:37 2019 No.16547845

>>16547816
Maybe or maybe not bobo. It really might be that the bottom is in and smart money knows it. OR, it can have the opposite effect of a short squeeze. If there is a big enough sell off it will cascade in all those longs selling too creating a massive red dildo to fuck them.

>>	Anonymous Fri Dec 13 04:45:59 2019 No.16547865 >>16547845 this, very much so Since all the order books are fake, and all the volume is wash, the only liquidity in this pathetic excuse of a market is a short or a long squeeze. Get your anuses ready, the drop is going to be big, quick and glorious

>>	Anonymous Fri Dec 13 04:59:25 2019 No.16547940 how is it possible that longs are ath, but the fear-greed index is at 'extreme fear' at the same time?

>>	Anonymous Fri Dec 13 05:02:20 2019 No.16547958 nothing will ever happen they will just settle their positions with non circulating terher

>>	Anonymous Fri Dec 13 05:02:49 2019 No.16547962 File: 632 KB, 1661x1242, 4B5D996A-09A7-4B3F-B631-E561D4D37CCE.jpg [View same] [iqdb] [saucenao] [google] >>16547809 I just dont get this... is it extremely bullish as FUCK or bearish as fuck? I just dont get it..

>>	Anonymous Fri Dec 13 05:03:50 2019 No.16547966 >>16547809 if these are whales with deep pockets and not retards then it's bad for bobos. because they will send the price up and make a fucking bank. if it's retards they will all get rekt in a squeeze.

>>	Anonymous Fri Dec 13 05:03:59 2019 No.16547968 >>16547962 This is the psychological torture we must endure before making it. .

>>	Anonymous Fri Dec 13 05:05:01 2019 No.16547973 >>16547962 that depends if they gonna market buy massively or not. >>16547958 also this it's pretty pointless as a metric.

>>	Anonymous Fri Dec 13 05:07:53 2019 No.16547987 >>16547962 seems like bullish divergence. indicator trends are disagreeing with the price action. doesn't necessarily mean the bottom is in, but it's likely coming soon if it isn't already.

>>	Anonymous Fri Dec 13 05:10:04 2019 No.16547999 >>16547987 it's extremely likely that we are nowhere near the bottom. this has happened twice before on btc and it went down about 60-70% from the local high in this case that's 14k.

>>	Anonymous Fri Dec 13 05:11:45 2019 No.16548011 >>16547999 and 70% would bring us to 4k region but it's entirely possible it bounces from 6500 and then goes lower.

>>	Anonymous Fri Dec 13 05:12:13 2019 No.16548013 File: 82 KB, 1147x898, download (5).png [View same] [iqdb] [saucenao] [google] >>16547999 >>16547987 historically, btc always held the 61.8 retracement from the echo bubble. i wouldnt bet too much on it going lower

>>	Anonymous Fri Dec 13 05:12:48 2019 No.16548016 File: 44 KB, 512x365, hodl.jpg [View same] [iqdb] [saucenao] [google] >>16547968

>>	Anonymous Fri Dec 13 05:14:35 2019 No.16548022 File: 114 KB, 1147x849, download (6).png [View same] [iqdb] [saucenao] [google]

>>	Anonymous Fri Dec 13 05:17:34 2019 No.16548041 >>16548013 like from may 2014? or april 2013? heh

>>	Anonymous Fri Dec 13 05:20:13 2019 No.16548053 File: 107 KB, 750x750, 1529547395362.jpg [View same] [iqdb] [saucenao] [google] >>16547809 did someone call for me?

>>	Anonymous Fri Dec 13 05:20:16 2019 No.16548055 >>16548041 those aren't where we are in the cycle

>>	Anonymous Fri Dec 13 05:21:12 2019 No.16548058 >>16548055 the 2014 is exactly where we are only the stance is much more bearish now i think the 2013 is too but it's hard to tell. because the echo bubble is larger then the bubble.

>>	Anonymous Fri Dec 13 05:22:01 2019 No.16548061 >>16548058 dude hello? we crashed in 2014 from going vertical on a post-halving pump????? why do i come to this place

>>	Anonymous Fri Dec 13 05:25:45 2019 No.16548078 >>16548061 looks exactly the same just look at the fucking chart already!

>>	Anonymous Fri Dec 13 05:30:04 2019 No.16548099 File: 41 KB, 1080x647, perfectruth.png [View same] [iqdb] [saucenao] [google]

Anonymous Fri Dec 13 05:35:48 2019 No.16548131

>>16548099
yep this is much more likely than >>16548022

we went up too hard and too fast and now at a critical point before the halving the market turned bearish this increases the systematic risks which makes smart money and institutions want to wait on the sidelines. and i can't blame them. i was pretty bullish before summer altho i had a bad feeling this shit would happen but we could have suffered in august and have a steady in the fall acceleration in the winter and go into halving in a bull market. this sucks ass now.

>>	Anonymous Fri Dec 13 05:38:23 2019 No.16548145 File: 130 KB, 1080x647, sorryguys.png [View same] [iqdb] [saucenao] [google] >>16548131 my chart is actually very optimistic, there are still literal wagies dreaming about the fable golden bullrun on this board. We are two weeks from 2020.

Anonymous Fri Dec 13 05:42:35 2019 No.16548162

>>16548099
>>16548131
Legit question. How much of an actual difference does it make to not buy now but rather at 5k?
Isn't the 25-30% extra btc for your dollar quite a high risk than to end up buying it at a premium later? I know I sound like a permabull but I'm just trying to justify the risk/reward ration.

>>	Anonymous Fri Dec 13 05:43:35 2019 No.16548166 >>16548145 >my chart is actually very optimistic yeah it's bullish af could be a lot worse the halving is a traumatic event for btc going into it on a bearish stance is dangerous as hell also never happened before.

>>	Anonymous Fri Dec 13 05:44:37 2019 No.16548172 >>16548162 dunno i have accumulated last year only bought a tiny amount this year. i'm just shorting now.

>>	Anonymous Fri Dec 13 05:55:06 2019 No.16548215 >>16548162 and yes basically my advice would be you can buy any time don't hesitate to enter the market on a dip. if it goes lower you can calmly carefully short it down. if that's too risky for you start dca-ing yesterday.

Anonymous Fri Dec 13 05:57:18 2019 No.16548225

>>16548162
on strategy i like is enter the market by buying btc and also short equal amount of value on bitmex.

two things can happen: the price goes down, you get the difference in the short, bull is confirmed, you exit the short on the backtrace with a tiny loss. meanwhile you get funding which is positive 80% of the time.

Anonymous Fri Dec 13 06:10:46 2019 No.16548269

>>16547962
imagine the worst thing that can happen and it will. it will smash BTC lower, then when long hope is gone and shorts are celebrating, it'll blast to new highs. everybody gets raped friendo. exchanges and whales will extract every Satoshi they can. when you can move markets why wouldn't you? all those juicy positions to liquidate. yummy

>>	Anonymous Fri Dec 13 07:04:46 2019 No.16548484 >>16548162 >dude buy now you just hold SP500 for 20 years then

>>	Anonymous Fri Dec 13 07:45:30 2019 No.16548735 >>16547809 >Is there something they know that we don't? Yes https://www.tradingview.com/chart/BLX/oKh54NhX-Bitcoin-Halving-and-Charting/

>>	Anonymous Fri Dec 13 08:18:26 2019 No.16548911 >>16548269 the worst thing is it goes to zero, but thats not gonna happen anytime soon. whatever happens, it can always get worse.

>>	Anonymous Fri Dec 13 08:20:47 2019 No.16548925 >>16548269 Why people do this? Gamble their money? Just hold and become rich, It's that easy.

>>	Anonymous Fri Dec 13 11:02:42 2019 No.16550060 File: 7 KB, 224x225, 1572061460981.jpg [View same] [iqdb] [saucenao] [google] >>16548269 Make it happen

>>	Anonymous Fri Dec 13 11:25:13 2019 No.16550225 >>16548053 GIVE ME UR CUM, BULL OOOOOOOO

>>	Anonymous Fri Dec 13 11:28:13 2019 No.16550254 Unironically, this recovery will fail like all the others. You know what to do.

>>	Anonymous Fri Dec 13 11:31:55 2019 No.16550292 >>16548162 You should have bought. Now it's too late.

>>	Anonymous Fri Dec 13 11:35:42 2019 No.16550321 >>16547809 Sounds like a good time for a long squeeze

Anonymous Fri Dec 13 11:37:39 2019 No.16550340

Is there a metric somewhere that tracks the mined bitcoin and how much of it gets sold on market over time? I suspect miners are very aware of the expected halvening bull run and are hoarding now (whereas they might not have before this trend was established). There’s so much expectation of a halvening pump that all the supply might come to market when everyone wants the trend to play out

>>	Anonymous Fri Dec 13 11:39:06 2019 No.16550347 >>16547809 Just so everyone understands, this chart only shows the longs on Bitfinex.

>>	Anonymous Fri Dec 13 11:39:34 2019 No.16550350 >>16547962 Can only be bearish. Not many people are looking at this long chart either. When this thing dumps $2k people will be kicking themselves for not paying attention to this.

>>	Anonymous Fri Dec 13 11:40:09 2019 No.16550355 File: 28 KB, 325x222, 4453B565-3605-4794-A420-FC76DDDFDF68.jpg [View same] [iqdb] [saucenao] [google] dump eet

>>	Anonymous Fri Dec 13 11:40:55 2019 No.16550360 It's been dropping a lot so people now are thinking it will go the other way so it surely won't. It has to go to zero because gravity and reasons. Every fucking time bears. How are you not legitimately embarrassed?

>>	Anonymous Fri Dec 13 11:50:40 2019 No.16550427 >>16550225 nigga you gay

Advanced search
Text to find
Subject [?]Search by post subject. Leave empty for any.
Username [?]Search for user name. Leave empty for any user name.
Tripcode [?]Search for tripcode. Leave empty for any.
Email [?]Search by email. Leave empty for any.
Filename [?]Search by image filename. Leave empty for any.
From Date [?]Enter what date to start searching from. Format is YYYY-MM-DD
To Date [?]Enter what date to start searching until. Format is YYYY-MM-DD
Image hash
Search in	All Posts OPs Only
Deleted posts	Show all posts Show only deleted posts Only show non-deleted posts
Internal posts	Show all posts Show only internal posts Show only archived posts
Order	New posts first Old posts first
Capcode	All Posts Only by Users Only by Mods Only by Admins Only by Developers
Results	Posts Threads
Action	[ Simple ]