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/biz/ - Business & Finance


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17831612 No.17831612 [Reply] [Original]

>>17808915
What I said exactly happened.

I said it will close below the 200 MA.

It did.

I said not to short since they always stop you out before dumping. That exactly happened. Never short.

I told you to sell on spot for USD on exchanges. I hope you listened. You still have time but time is running out.

This is not a meme. This is not a drill. This isn’t one of those “lol they always declare bitcoin is dead and it bounces back.” No, the gig is up. You buy before a bubble pops. The bubble popped in 2017. Notice how we never broke the high since then. Why? Because you never buy after a bubble pops. You only sell.

Adios. Ignore any and all small pumps that happen and keep selling on spot. They will all be fakeouts.

>> No.17831626

Using a new trip so people remember my name

>> No.17831667

Oh, and I can’t wait for the “I’m not selling you my coins” post replies.

Bitch, no one wants your coins in the first place.

>> No.17831685

>>17831626
B-b-but the Fed's shenanigans are the core reason WHY Bitcoin was invented. Satoshi's (and everyone else with over 90 IQ)'s fears are unabashedly true.

>> No.17831714

>>17831685
Bitcoin has never experienced a 2008 type recession. Shit will fall sub 1k sell now fren

>> No.17831722

tripfag says btc is gna crash #128787 LET ME SELL MY COINS111one

>> No.17831731

>>17831612
if the markets pump tomorrow btc will just follow
because that's what btc is now, just an other speculative asset

>> No.17831754

>>17831612
2013 was a bubble, % gains were even higher than 2016-2017, should you have not bought in 2014-2015 since the bubble "popped"?

>> No.17831765

Sir! I am the Pajeet from yesterday! I have liquidated my BTC into rupees and I see now that you were right. My village thanks you, we get to eat another week.

>> No.17831771

>>17831667
and bitch no one wants to remember your name

>> No.17831794

>>17831731
> that’s what btc is now

It’s always been like that. It’s just that there were always greater fools. No more greater fools after December 2017

>> No.17831796

>>17831714
Bitcoin is the only deflationary asset. If we're seeing a global collapse and hyperinflation of the reserve currency, seems as good a bet as any.

>> No.17831800

>>17831626
you gotta use the old trip to confirm its you bro

>> No.17831810

>>17831771
>>17831796
This

>> No.17831820

>>17831754
No because there were greater fools. Stop being so fucking low IQ. This racist board is pathetically dumb. You can’t fucking look at 2013 where literally no normie knew about bitcoin and pretend like it was a bubble pop. It’s about mainstream interest. That interest never occurred until 2017.

>> No.17831829

>>>>17831796
>>deflationary
50% down in a day
how is that working out for you buddy?

>> No.17831837

>>17831794
doesn't change my point
if the stock market pump ( seems not too likely looking at the futures ) btc will pump as well
closing bellow the 200 means nothing anymore

>> No.17831846

>>17831771
you’ll remember it when you lose all your holdings if you haven’t already bitch.

>> No.17831855

>>17831800
checkem
OP is LARPing unless old trip

>> No.17831871

>>17831837
It’s dumping regardless

>> No.17831878

>>17831667
never selling, thanks

>> No.17831916

Lol
Meme lines and FUD of this level should tell you something /biz/

>> No.17831919

>>17831855
It’s me. I can’t remember what I used so I used a new trip. I thought I remembered but looks like it wasn’t correct.

>> No.17831923

No one is left to sell
95% volume is on the derivatives market
Whoever wanted to sell already did, buyers are too scared and don't want btc, and that's why the last couple of days btc crabbed

What is your opinion about this statement?

>> No.17831938

>>17831916
“Hahaha biz, look, the jews are telling us to sell biz! Hahahaha”

No bitch, you’re just a dumb low IQ idiot who is holding onto soon to be worthless bags

>> No.17831944

>>17831685
>full faith and credit of the world's lone super power
Or
>a currency used by neckbeards to buy kiddie porn
Gee I wonder why the market went the other way...

Also using currency with a finite supply is actually fucking stupid because it's inherently more volatile and bitcoin is proving that once again. Volitility is trash man. So yeah the Fed might be steadily increasing inflation all the time but at least it's pretty steady and now we're gonna jump from like 3% to like maybe 5-8% inflation. How many percentage points has bitcoin swung in the last 6 months? Why is it better that the economy is tied to a violently swinging imaginary coin developed by anarchists again?

>> No.17831951

>>17831916
Buy signal

>> No.17831966

holy shit based op just sold 100k

>> No.17831971

>>17831871
don't be so sure you saw what happen on Friday

>> No.17831972

>>17831923
> Noone is left to sell

There are tons of people who haven’t sold lol. It’s only the beginning. They think we capitulated already

>> No.17831995

>>17831971
> Using pumps and dumps for one day to prove your point

Wait a month atleast and you’ll see where bitcoin is at

>> No.17832000

.

>> No.17832019

>>17831626
no one will remember you, retard

>> No.17832073

God shut the fuck up you obnoxious little pussy.

NOT SELLING, I don't care if I lose all my money, (even though I won't and am gaurenteed to become rich beyond your wildest dreams)

NOT SELLING, NEVER SELLING, your limp wrists can pry my coin from my COLD DEAD HANDS.

>> No.17832090
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17832090

>>17831938
>ad hom
You are trying way too hard.
DRNS

>> No.17832117
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17832117

>>17831820
the laws of market exposure, price discovery, mania, exhaustion, and profit-taking do not magically change simply because YOU think that a market is more "mainstream." markets are markets. just because you think that $100B is a mainstream market does not change the fact that blockchain technology is nascent in its development, and we're going to see more of bitcoin, and of altcoins, in the coming years.

what we see is a liquidity crisis because of a natural disaster. every market on the planet is affected in negative ways. your insistence on 200-week MA is akin to any other memeline TA thread.

>> No.17832135

>>17831612
One guy telling others to sell the bottom ... caps lock anon is that you ?

>> No.17832172

>>17831972
Yeah I know. But I mean, there's a lot of people who bought high and is refusing to sell now at 5.2/5.5, some of which didn't sell when we went to 4k. You have to keep in mind how fast the crash was and the genral panic going on in the world and stocks. And this people still didn't sell.

Anyway you predict it going to 0, right? How fast do you think it will happen? A crash like the other day or a slow thing?

>> No.17832177
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17832177

>tfw dumping btc for link prophecy approaches

>> No.17832190

>>17832073
> I don’t care if I lose all my money

Keep coping pussy
>>17832090
Anyone who shows green percentages but no full balance is poor. You’d probably photoshop a high full balance now
>>17832135
> he thinks it’s the bottom

>> No.17832196
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17832196

>>17832117
just to expound on this; we are seeing investors drop out of their commitments, and drop out of exploration mode. everyone wants to save their cash on hand now and wait until either the disaster pulls back (S-curve develops in the transmission rates) or we fight through a breakthrough (successful development of an antiviral/vaccine). as soon as people are feeling safe that their investments aren't going to be hindered by this virus anymore (could be 6 months, up to 2 years given the current facts), we'll see investment exploration resume and blockchain is once again going to get its fair share of investments.

>> No.17832210
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17832210

>>17831796

>> No.17832231

>>17832117
All speculative assets peak when mainstream interest peaks and never recover. The last three years of bitcoin making progressively lower highs and never recovering proves me right. Keep coping with your useless paragraphs that you learned from basic finance classes in university

>> No.17832235

>>17831667
When do we buy back

>> No.17832248

Not the same person. This individual is sporadic and spewing toxic nonsense. The other individual was sensible, logical, calm.

>> No.17832253
File: 41 KB, 657x387, Terry+davis+is+a+paranoid+schizophrenic+software+developer+he+has+_d4ffe9e41902f54965d95f9a579e445d.jpg [View same] [iqdb] [saucenao] [google]
17832253

>> No.17832268

>>17831796
Deflationary over decades
Correlated to everything else during crashes

Btc will recover better than anything else over the next decade as the money printers come on but in the short term it could still dump as people get scared. Gold does too.

>> No.17832290

>>17832248
I’m the same person. You just think I’m toxic because of the emotions riding behind your money. I don’t care whether a single person on this board likes me. The market direction will prove me right as it has been year after year.

“But arrogant people are always wrong”. This is a myth by society. Stop believing in it

>> No.17832341

I think he's the same guy.
He stopped using the trip after a while in the previous thread.

>> No.17832368

>>17831796
This and fuck anyone who says otherwise. If you disagree then don't buy it.

>> No.17832455

Yo OP, Thanks for the info last night. You really think the entirety of the crypto space is dead? Or are we looking at a long-term bear market with projects that actually matter emerging in the end

>> No.17832511

>>17832455
Yes, crypto is completely dead. All of those giant corporations and brands which are working with or in the crypto space are just going to abandon all of that now. Because the price went down.

>> No.17832530

>>17831612
Buy it own logic you are a retard for holding any BTC at all. The bubble popped in 2013. Why are you still here?

>> No.17832602

>>17832511
unironically, yes

>> No.17832609

>>17831667
>Bitch, no one wants your coins in the first place.
Extremely based

>> No.17832678

>>17831612
Posts like this tell me to buy

>> No.17832701

>>17831771

>>17831810
unironiclally ^^

>> No.17832710

>>17831612
Even if your speculation is true, I don't think Bitcoin will go down in a straight line. Too many people have their livelihoods tied this coin. They will do whatever they can to keep it alive as long as possible.

>> No.17832730
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17832730

Boomers are predicting bitcoin is going to 0.
Next gens think otherwise.
Get fucked OP.

>> No.17832883

I think its less about the 200MA and more about the liquidity crunch when mining becomes unprofitable due to low price and halving. That being said, I sold

>> No.17832930

>>17832455
I’m looking at minimum a bear market to atleast last for a few months. It can recover but I’d rather be sitting in cash. I’ll let you know when I think it’s ready to buy. Not risking anything especially when old wallets have moved BTC recently

>> No.17832945

>>17832530
Again, the bubble didn’t pop in 2013. There was no mainstream interest then. Read above on my explanation regarding this

>> No.17832986

>>17832710
I agree. If it dies, it’ll take atleast a few years. Nothing goes down in a straight line.

The only problem with bitcoin is that the liquidity can dry up exponentially. You saw what happened a few days ago. There were only 9M in bids left on Bitmex before 0

>> No.17833024

>>17832883
Well, TA lines are not supposed to be predictors. Of course some of the causes you mention play a role. These lines work. But it’s that these closed under averages confirm a certain trend

>> No.17833083

>>17832930
>especially when old wallets have moved BTC recently
That's a really good point. I plan on sitting out for awhile. I still think blockchain and smart contract tech is superior to what we have, and that it will eventually become an industry standard, but that timeline has been postponed. Superior tech always wins out in the end.

>> No.17833190

>>17831667
>sell everything
>no one wants your coins lol

Amazing logic erupting from that shit filled cavity you call a brain OP.

>> No.17833475

>>17831612
meh, I only have a few btc. Still not selling. Would you like to know why?

Because I'm not an idiot who has a suicide stack. If it goes to not, whatever, life goes on.

>> No.17833493

>it's going down because i say so
please put more effort in next time. it's so boring, serously. do you know what we're used to here?

>> No.17834077
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17834077

https://greater-fools.com/2020/03/14/dont-panic-pain-is-weakness-leaving-the-cryptospace/

please sell dont come back.

Closing below the weekly 200MA is bearish?
bitcoin has closed 3 time below 200Weekly MA in september 2015.