/biz/ - Business & Finance

[Anonymous No.22522590]

I GOT SOME SAD FUCKING NEWS YOU DUMBASSES I JUST DID SOME SIMPLE MATH AND LOOKS LIKE YOU GUYS ARE FUCKED FOR THE NEXT COUPLE OF YEARS. #RIP

bitcoin is still going to 100k but in 2023, sorry dear.

[Anonymous No.22522679]

math shows that the new btc high price usually takes ~38% longer than the last one.

[Anonymous No.22522711]

More time to accumulate, heh based.

[Anonymous No.22522749]

A slow bull run is actually preferrable to me. I currently make 30k passively per year from having my crypto in a few different interest bearing accounts. If it makes a slow run up to 100k that means I have more time to just live off of the interest instead of working. Once we get to 25k I wont need to work anymore and can start diversifying just with my interest. All without selling a single sat of my initial BTC capital.

This is way better than a flash rise that makes me have to worry about timing my exit so closely.

[Anonymous No.22522773]

>>22522590
Having a slow climb to a new ATH over the next two years isn’t being fucked

[Anonymous No.22522792]

>>22522679
i mean, this makes sense considering it takes much more money to produce bull runs the higher it goes compared to when it was a dollar. the benefit of this is it could overlap the next halving and make it super rocket

[Anonymous No.22522810]

>>22522590
So go all in on Statera? It’s our only hope Anons..

[Anonymous No.22522849]

>>22522590
Not selling #nigger

[Anonymous No.22522922]

>>22522679
This is based on two data points. As far as inductive theories go, it's shit. Now try this deductive theory instead: Bitcoin price cycles occur every four years based on the fundamental supply dynamics of the halvings. The first cycle was an outlier and the delay in the peak was due to the price needing to catch up once trading on exchanges began.

You are welcome, sell in December 2021.

[Anonymous No.22522946]

>>22522590
>>22522679

not sure if this is a actual retarded person or just trolling

deluded bitcoin holders will pull any nonsense pattern of their assess to try and "predict" that bitcoin price will go up

[Anonymous No.22523053]

>>22522946
>holders will pull any nonsense pattern of their assess to try and "predict" that bitcoin price will go up

Isn't that why we are all here regardless of your crypto/investment of choice? And even if you're not a bull you could be looking at silly patterns just as much to try to predict it going down.

[Anonymous No.22523091]

>>22522946
>bitcoin will never hit $10
>bitcoin will never hit $100
>bitcoin will never hit $1000
>bitcoin will never hit $10,000
>you are here
>bitcoin will never hit $100,000

[Anonymous No.22523133]

>>22523053
no chart pattern will predict if X project gets adopted by some bit corporation or not, i dont gamble on snake oil theories, i bet on real players

[Anonymous No.22523146]

>>22522590
>GOT SOME SAD FUCKING NEWS YOU DUMBASSES
>BTC WILL 10X IN 3 YEARS!

wow holy shit my investment will 10x in 3 years
thats such bad news time to kys

[Anonymous No.22523191]

>>22523133

Seems like you just look at a different set of data than others. Doesn't mean your way is the only way to draw a reasonable conclusion.

Either way - I hope the best to you with your method. I think its actually a good approach, especially when combined with charts and datapoints.

[Anonymous No.22523430]

>>22523191
i didn't say TA as a whole is trash, but mostly are, like the one op is posting

if you read anything written by real fund managers, they will use 3~5 indicators to check price entries, and good exit points, but no one will bet money on some lines saying numbers will go up 3 years from now

[Anonymous No.22523615]

s2f and lengthening cycle theories are mutually incompatible.
s2f=moon by q4 2021. planb himself said the s2f model is invalidated if it doesn't hit 100k by dec 2021.
some hopium curve scribblers say manic bull run by 2023.
so who's right? or is it the edgelord who says btc is going to 0.

[Anonymous No.22523630]

>>22523430
Fair enough. I think that stock to flow is a good reference point as long as other fundamental datapoints about network health keep indicating bitcoin is moving in the right direction.

If hashrate, # of addresses, mainstream attention, volume, price, amount of UTXOs in profit, and other factors all point towards the price going up, stock to flow can help us compare against previous cycles and decide when it may be time to make an exit. When combined with other data points, I actually find it useful. Once it proves to be invalid in a cycle, which it will have to be eventually (potentially even this time around), it will no longer be so useful. Same as most models.

[Anonymous No.22524080]

>>22522590
I can wait. Might hold onto my alts like NEC and YFV the entire time too desu.

[Anonymous No.22524108]

>>22522590
>Fucked
I'm preparing a big giant jade egg for my anus because I don't see BTC dumping below $10,800 anytime within the next 3 months and I shorted it at $10,400. I'm going to be financially ruined but I really, really don't want to take a loss.

[Anonymous No.22524130]

>>22523146
Unironically yes when we can get 4000%+ returns by yield farming.

[Anonymous No.22524411]

>>22522590
oh nooooooooooooooooooo 2023 that's like 50 years away!

[Anonymous No.22524789]

>>22522922
checked.

[Anonymous No.22525405]

>>22523615
the lengthening cycle meme is safer because the price simply has to moon sometime before 2024. planb has a more rigid prediction. bob loukas has his own 16yr cycle theory and thinks moon before q4 2021. im basically strapped in for the latter 2 theories being accurate. if they both fail i simply have to wagecuck to 2024, possibly 2028-30 when bitcoin reaches market cap of gold.

[Anonymous No.22525534]

>>22522749
>in a few different interest bearing accounts.
Such as

[Anonymous No.22526600]

>>22525405
>possibly 2028-30 when bitcoin reaches market cap of gold
Bitcoin will never reach the marketcap of gold

Gold has intrinsic value (physical asset, useful in electronics/jewelry, will retain value if/when SHTF)

More realistic target is 10-20% of gold

[Anonymous No.22526696]

>>22524108
you’re retarded because Zoom out. clear as day support resistance flip, it’ll retest the 3 year downtrend as support now then it’s full on moon mission

[Anonymous No.22526909]

>>22522922
>You are welcome, sell in December 2021.
Checked for spoonfeeding newfrens

[Anonymous No.22527383]

>>22526600
>Bitcoin will never reach the marketcap of gold
>Cars will never replace horses
>Email will never replace letters

[Anonymous No.22527542]

>>22525534
Crypto.com, BlockFi, and Celsius.

Currently dont trust any of the ETH based options for wBTC, but I'm keeping an eye out for when those improve.

[Anonymous No.22527977]

>>22526600
20% of gold is only 100k bitcoin. if you said 70-100% gold that might make sense.

[Anonymous No.22528026]

>>22522590
Wouldn’t be surprised at all plus factor K shape hunger games shit to make retailers capitulate/liquidate while struggling to get by with the basicsn

[Anonymous No.22528035]

Wow no one knew this already? Pathetic

[Anonymous No.22528074]

Reacing a certain year doesn't make BTC reach $100k. Adoption does. All it takes is a few very large institutions to get into BTC for it to reach $100k. That could happen easily in 2021.

[Anonymous No.22528085]

>>22526600
golds value is speculative and based simply on consensus it’s literally no different than any other asset class
bitcoin can easily go into the trillions simply from 401k and retirement portfolios hedging at 1% which they’re already starting to do

[Anonymous No.22528116]

>>22528085
global retirement portfolios at 1% is more than 30 trillion lol

[Anonymous No.22528130]

>>22522590
>>22522679
>muh pattern using two elements
Unironically kys in Minecraft

[Anonymous No.22528132]

Fuck off with this gold fantasy LARP. You ain't busting out a fucking hacksaw and buying shit with gold when it goes Mad Max.

[Anonymous No.22528146]

>>22522590
The collapse of america is coming, defi is gonna spike.

[Anonymous No.22528173]

>>22527977
Only about 35% of gold is used as a financial vehicle

If we take that 35% as the total "market appetite" for a "secure hedge," that's effectively bitcoin's ceiling

Call that more like 25-30% of gold's market cap, because BTC will never have the appeal of gold, since it doesn't have an intrinsic value

EG, if shit hits the fan, you can sell your gold to someone who needs it to make jewelry. That's what makes it such an attractive hedge. Plus it's shiny, and there's a primal appeal about that

Now we can add a bit back, because BTC has an advantage that gold doesn't, which is being transferred easily and anonymously

So maybe I was a bit too conservative - maybe we could say BTC could capture 30-40% of gold's market cap - but I just don't see how 70-100% is realistic. And I'm bullish on BTC

[Anonymous No.22528179]

>>22528132
Also this there might be pockets of despotism but it’s gonna be like hunger games with functional tiered cities operating as usual

[Anonymous No.22528198]

>>22528173
it literally does it was the discovery of abstract scarcity it can only happen once
not a maxi but only a complete poor retard doesn’t have at least a couple bitcoins

[Anonymous No.22528207]

>>22528173
Oops, 45%

Point still stands

[Anonymous No.22528275]

>>22524108
don't use margin if you dont know how to trade

[Anonymous No.22528305]

>>22528173
gold only has 9 trillion
401k for US alone is 30T
retirement portfolios for Asia and Europe are like another 70T lowballing
at only a 1% hedge its at 1T not even considering that national fiat currencies will be phased out eventually because they’re a hinderance to globalization and natural offshoring

[Anonymous No.22528323]

>>22522590
then sir, what will LOKI be at then?

[Anonymous No.22528346]

>>22528173
you dont understand bitcoin if you call it anonymous

[Anonymous No.22528347]

>>22524130
explain yourself

[Anonymous No.22528833]

100k is mid 2021 look at the blue line fucking retards

[Anonymous No.22528874]

>>22522590
Ah do I keep my shitcoins or move the rest to bitcoin

[Anonymous No.22528988]

>>22522792
No it doesnt you retarded faggot. Moon from 10 to 100 dollars takes as much money as moon from 100 to 1000 dollars which takes as much money as moon from 1000 to 10000. A 10x is a 10x.