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/biz/ - Business & Finance

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1833927 No.1833927 [Reply] [Original]

>sold bitcoins at 1100..
wtf this HAS to crash SOON so i can buy in again ..

>> No.1833946

>>1833927
There will be no retracement boi. We are going to other galaxy with this. If you want to get rich, buy it now or buy some knee-pads

>> No.1833959

It will, it's price isn't related to its value but its hype of people just playing with that greedy mentality

most coiners are not agorist/ancaps/libertarians
this is the truth, they're there because of different reasons

since 2014-5 lots of people have surely been hoarding up

lately it has risen exponentialy, it will have a huge market correction if not another huge crash

from 400 to 1300$ in a single year

it's not smart money that ran away from opressive inflation, it's just greedy money trying to make huge profits, just look at the average biz coiner

>> No.1833966

>>1833927
It will crash but it will be from $10,000 down to $6000.

>> No.1834011

>>1833927
No China is scooping them all up to hedge against the dying USD. Every week here on out you will be seeing ATH's for bitcoin on the news.

>> No.1834022

It could suffer a dip if the ETF is denied on the 13th but if the ETF is accepted it will moon big time.

>> No.1834026

>>1834022
Isnt that being decided by/on the 11th?

>> No.1834032

>>1834026
as far as i know it will be the 13th as 11th is the weekend and we wont know till the monday,we could see some insider trading soon.

>> No.1834116
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1834116

>>1833966
this

>> No.1834449

>>1834032
Is insider trading a viable way of spoting black swans?

>> No.1834635

>>1834032
Shheeeet, maybe they'll announce it on the 10th? I heard, but only from one source, if they don't make a decision by the dead line it defaults as an approval.

>> No.1834834
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1834834

I come home after wagecucking and this is what I see. No other markets sank that low though, so what gives?

>> No.1834846

>>1834026
Yes

>> No.1834848

>>1834022
Will the ETF affect ETH prices? Holding about 40 of those guys.

>> No.1834967

>>1834848
I figured it would help either way:
>It doesn't pass
People lose confidence in BTC and flock to ETH with its superior technology
>It does pass
Confidence in crypto currency increases and the value of both BTC and Eth continues to climb.

>> No.1834977

>>1834848
Of course it will affect the price. It will rise a little bit and everyone will think they are making good money, then it'll hit a bubble and 99% of holders will lose.

It would be very wise to dump it now. It's too risky.