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17930976 No.17930976 [Reply] [Original]

What the fuck is going on?

I thought Bitcoin would follow the Dow but it's pumping instead.

Did I miss the fucking dip?

>> No.17931000
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17931000

hey bobo what happened to 2k? lmao

>> No.17931085

>>17931000
Were just cooling off for the next big push

>> No.17931100

>>17931085
>we're just cooling off for the next rally downwards
buy signal

>> No.17931120

>>17930976
breh when did it pump? it's been 5300 for like two days now

>> No.17931130

>>17931085
hahahahahaha what a faggot bear

>> No.17931139

>>17931120
It's pumped like 30% from the bottom in 3 days.

>> No.17931161
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17931161

>>17931085

>> No.17931164

>>17931139
what's a dead cat bounce

>> No.17931168

>>17931139
meh, it's mostly crabbed between 5k and 5.5k since it rebounded from sub 4k

>> No.17931174

>>17931130
>>17931139
I'm an also an ausfag so our dollar is getting absolutely BTFO right now

>> No.17931204

>>17931139

after falling 99%

>> No.17931246

Fake relief rally before it dumps to 2k

>> No.17931249

>>17930976
What's happening is Bitcoin is doing what it was designed to do. Provide a hedge against fiat currencies.

“We are undergoing flight to safety right now, BTC is looking for its bottom. But know that once the bottom is in there are strong bullish pressures ahead. It’s this economic environment in the years ahead that Bitcoin was built for.”

https://www.newsbtc.com/2020/03/18/statistician-who-predicted-bitcoin-crash-says-its-price-will-moon/

https://decrypt.co/22750/venezuela-shuts-down-banks-coronavirus-bitcoin-trading-soars

>> No.17931270
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17931270

>>17930976
>>17931249
https://en.wikipedia.org/wiki/Basic_reproduction_number

https://en.wikipedia.org/wiki/Spanish_flu

https://fred.stlouisfed.org/series/BOGMBASE

https://www.politico.com/news/2020/03/17/coronavirus-1-trillion-emergency-stimulus-133821

https://deadline.com/2020/03/fed-cuts-rates-to-near-zero-launching-700-billion-quantitative-easing-program-1202883922/

>> No.17931448

>>17930976
A simple explanation: Wallstreet is out of crypto for now.

Whales moving millions of USD stablecoins to exchanges and buying the dip OTC.

Meanwhile: Helicopter money is created. Interest rate cut. Inflation rate increases.

Smart people investing now in gold and cryptos.

>> No.17931479
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17931479

1) decentralized
2) trustless
3) borderless (portable)
4) counterfeit proof
5) highly divisible
6) censorship-resistant
7) sits outside of legacy financial structures (which carry huge systemic risks at this point of the cycle)
8) always accessible (you control the keys , no counterparty)

>> No.17931500

>>17931479
/thread

>> No.17931593
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17931593

>>17931479

>> No.17931632

ausbro here.
its worth remembering that most of the worlds currencies are crashing compared to the usd. as long as it holds where it is, internationalbros will be making gains

>> No.17931646

>>17930976

Do you see that huge pennant? That nice sideways symmetrical triangle? Apparently it's going to break up.

>> No.17931648
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17931648

>>17931448
>tfw someone on 4chan called me smart
i did not believe this day would ever come <3

>> No.17931657

>>17931246
let it drop to 2k i will buy more lmao

>> No.17931683

I went all in on ETH couple days ago. I might make it.

>> No.17931714

>>17931249
>willy woo
Lmao wut, he was calling for the bull run at the recent 10k top, and then hes calling another dump after the dump

>> No.17932705

>>17930976
Suckers ralley

>> No.17932709
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17932709

>>17930976
trust the plan were going down to $1,200

>> No.17932730
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17932730

>>17932709
Mfw
Anon, I just want it back to 5k so I can buy some.

>> No.17932857

I would invest in bitcoin if I believed that anyone would use it to purchase something. What can I use bitcoin to purchase?

>> No.17932868
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17932868

>>17930976
consider
pic related

>> No.17932882

>>17932857
Heroin. I've only ever used Bitcoin to buy drugs

>> No.17932897

>>17930976
Will dump any time now, before the stock opening

>> No.17933024

>>17932897
Most obvious bull trap in history, let them get crushed. All in on BEAR

>> No.17933137

>>17933024
Just BEAR'd up myself. Comfy

>> No.17933256

>>17931632
Ausbros assemble. Getting absolutely JUSTed by the exchange rate.

>> No.17933743
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17933743

>>17931174
>mfw watching it drop below 55

>> No.17934925

>>17932857
MDMA
wish i had some

>> No.17935044
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17935044

well it broke every reversal point I had
fuck this i'm out

>> No.17935087

>>17935044
also stock market open in 30 min probably going to pump it again today

>> No.17935577

>>17931448
this
they moved 60+ milion of tether to binance recently