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/biz/ - Business & Finance

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18138748 No.18138748 [Reply] [Original]

jesus christ dude
This was supposed to be the alternative to fiat
What do we do now?

>> No.18139778

Hold and don’t be a pussy ?

>> No.18139815

>>18138748
Wait until the inflation goes bellow fiat for fucks sake.
40 days remaining.

>> No.18139924

>>18138748
No dude Bitcoin has been compromised for years now just buy Link

>> No.18139935

>>18138748
same thing as always: buy the fucking dip!

>> No.18139955

>>18138748
Buy back in before April. It always pumps on April.

>> No.18140055

>>18138748
bitcoin was suppose to rise during a recession/downturn as a safe place like gold but that didn't play out at all. Seems pretty useless to me

>> No.18140072

>>18138748
turns out blockstream destroyed bitcoin

>> No.18140103

>>18140055
yeah gold really rocketed to the moon didn't it

fucking retard

>> No.18140146
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18140146

>Bitcoin, with a hard capped 21 million supply, will serve as a hedge against endless money printing

>"IT'S SUPPOSED TO MOON IN A RECESSION, THAT'S WHAT EVERYONE SAID!"

>> No.18140181

>>18139778
>>18139815
>>18139955

Don't listen to these bagholding retards, you'll only lose money. Try to save money and buy land instead, the era of cryptos/shitcoins is over.

>> No.18140230

>>18140181


Lol brainlet detected.

>> No.18140273

im new to crypto and im very confused, what caused the price to drop from 6600 to 6300 in just 5 minutes?

>> No.18140287
File: 269 KB, 973x873, E65F3D3D-E7BB-4139-9D44-00416FD7029B.png [View same] [iqdb] [saucenao] [google]
18140287

>>18140273

>> No.18140299

>>18140146
Bitcoin is a hedge against inflation. Recessions are deflation.

>> No.18140306

currently it is an object of speculation in the developed world, faggots on this board and worldwide in general read news and try to predict price movements based on them, and swing trade or make their bots do it. the dow falls then bitcoin falls, this is the current paradigm.

>> No.18140308

>>18140230
Can't beat the logic of this hot dunk. Only the most technical of analyses from /biz/

>> No.18140309

>>18138748
>What do we do now?
Stack.

>> No.18140328
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18140328

>>18140103
It's holding it's value and actually increasing while everything else is going in the shitter.

>> No.18140362

>>18140273
Market sentiment. The bitcoin market is always correct. Used to be said about the stock markets, but it has attracted every optimist in the world by now and is stuck since a decade on “delusional bull” mode.

>> No.18140377

>>18140273
animal spirits
the great bear drove off the mighty bull

>> No.18140413

>>18140299
yes that was my point

>> No.18140449

>>18138748
wait for the dust to settle and people to finally realize crypto is the way to go
2009 crash -> took about 2-3 years before bitcoin had a bull run

>> No.18140510

>>18140328
You get it.... gold is 3% off all time high. 100000% increases are retarded to expect from anything. Gold is holding strong and once we make new highs it's gonna get crazy.

>> No.18141321

>>18140362
so the price dropped because of the stimulus bill?

>> No.18141342

>>18138748

dude lino lmao

>> No.18141551

>>18140181
Lel the last 12 days btc hashrate decreased to the point blocks were happening every 15 mins , that decreased the inflation to 2% causing it to rise non stop in the middle of the market collapse.

Inflation will decrease after the halving way bellow that in a time of global pumping of fiat.

>> No.18141558

>he's falling for the manipulated shakeout

you were never meant to make it. just sell faggot

>> No.18141755

>>18140362
underrated comment

>> No.18141817

>>18138748
Fiat rules and owns the computers and air conditioned buildings that mine the coins.

>> No.18142382

>>18138748
Gold and silver, baby

>> No.18143497

>>18140273
Nothing in particular. It moves up and down that much everyday

>> No.18144836

>>18140181
Don't listen to this nocoiner retard, you'll only lose money. Try to save money and buy bitcoin instead, the era of cryptos/shitcoins has not even begun.

>> No.18144881

ZOOM OUT
O
O
M

>> No.18144920

>>18138748
>This was supposed to be the alternative to fiat
It still is
>Be your own bank
doubt many here even remember that phase

>> No.18144951

>>18138748
Market manipulations.

It happened after NYSE had closed and before Shanghai opened, so it was super low volume. Someone decided to liquidate longs.