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/biz/ - Business & Finance


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17159350 No.17159350 [Reply] [Original]

Using /biz/ activity to determine market sentiment, it couldn't be more obvious that we're in the despair/return-to-mean region of the chart.
The amount of posts on /biz/ directly relate to how active the markets are, when they were exploding in 2017 the number of newfags on this board was astronomical, most threads took about 5 minutes to get 15+ responses and people were making decent money just spamming kucoin and binance ref links. Nowadays if you try posting a thoughtful thread you'll be lucky to get 15 responses in 3 hours.
They've given up on us boys, and it's time for our vengeance. We will DOMP on the newfags and we will all mekkit during the next bullrun.

>> No.17159387

>>17159350
more like disbelief

>> No.17159407
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17159407

>>17159350
despair was q4 2018
return to mean was q1 2019
first selloff was june/july 2019 obviously

we're actually emerging from bear trap rn

>> No.17159452
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17159452

>>17159350
At some point crypto needs to become bigger than the chart and actually providing steady profits. We need crypto projects that are providing an actual genius product that will be used by the masses if we ever want to see generational wealth from being early adopters.

Crypto space is focused too much on domping on newfags and mekkingit rather than creating/using a good product or tech. The point being we shouldn't HAVE to dump our crypto; we should be putting it to work in a way that makes even more money for us.

>> No.17159558
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17159558

Return to Normal.

>> No.17159562

>>17159452
Is defi a thing yet? Can I lend people my mETH via smart contracts and gain interest? Can I get dividends somehow?

>> No.17159573

>>17159558
That's not how that chart works, bobo. Why are you trying to trick people intro poverty?

>> No.17159602
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17159602

>>17159558
I like how in the real chart New Paradigm, Denial, Bull Trap, and Return to Normal are stacked extremely close together, but you conveniently space them out further than any of the sentiments before New Paradigm. Lmao and YIKES at how hard you're cherry picking and forcing this to fit your narrative.

>> No.17159619

>>17159558
way off

>> No.17159676
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17159676

>>17159452
I've said the same things for years, you just get shouted down by all the chaiinlink et al shills. You and I may understand it, but normies need something to point at like ebay, amazon, tesla and so forth....you can't market this to a bunch of old jews when their grandnephews google it for them and it shows big macs, deep web and 10000 for a pizza, not to mention hacking and blatant manipulation.
Until then you simply have to hope to be on the up side of your long and down side of your short