/biz/ - Business & Finance

[Anonymous No.23965168]

There is this one major thing that worries me about the current stock market & your crypto markets.. its that..

everybody is expecting bitcoin to hit 100k+ because of the S2F chart (and all your other shitcoins also to 10x at the very least)


Sometimes what everybody expects turns out to be chunky short profit for the whales.

what do you guys think here?

but also i want to tell you guys that i went all in because this fucking chart so if this shit really 10x beyond fucking any reason for it to do so, i can retire before being 30.

[Anonymous No.23965177]

IT'S MY TURN TO BE CRYPTO RICH

[Anonymous No.23965184]

and if it wont 10x i wont retire before 30.

[Anonymous No.23965191]

>>23965168
>everybody
It's like 5 people. And besides, only 3% of wallets that hold crypto actually own 1 Bitcoin

[Anonymous No.23965195]

>i want to tell you guys that i went all in because this fucking chart so if this shit really 10x beyond fucking any reason for it to do so, i can retire before being 30.

[Anonymous No.23965238]

>>23965168
>what do you guys think here?
As soon as you see niggers/women/normies posting this chart sell everything and don’t look back

[Anonymous No.23965242]

it´s impossible. It can´t be that easy. Crypto market is already in an ovevalued bubble, exactly like the .com bubble. There is only a need for a few cryptos, and bitcoin sucks. It´s a scammers market that is overhyped. You only need a few protocol coins, thats it. A few coins will eventually fill all the usecases.

[Anonymous No.23965252]

>>23965191
That does not mean it’s also 3% of the btc owners/users. It’s heavily diluted with one-time wallets with some remaining dust.

[Anonymous No.23965402]

>>23965168
In 2016 people expected bitcoin to reach 3k usd post halving and it reached 19k

in 2011 people expected it to reach 30 usd post halving and it reached 1.1k

in 2020 people predict it to reach 100k and it will reach 600k in 2022.

[Anonymous No.23965635]

>>23965242
you reek of summer

[Anonymous No.23965935]

>>23965402
In the past you didn't have Katy Perry shilling crypto on instagram during the bull run though, because of social media things have changed.

[Anonymous No.23966814]

>>23965402
Needed that hopium

[Anonymous No.23966875]

>>23965242
you had 10 years, but you wasted them

the 10 years are now gone.

[Anonymous No.23966947]

>>23965402
I was going to be happy with $50K. I think the amount of money coming in to sustain more than that is insane. In 2029 sure but now is too early. Anything beyond $50K is gravy for me. Can't imagine what it is for that Anon who signed from an address that had 36 BTC

[Anonymous No.23967111]

>>23965168
>>23965177
>>23965191
>>23965195
>>23965242

And this is why it will outperform, look at all these guys thinking they are outside the market looking in and not realising they are the market

I heard similar things in 2014 when everyone was trying to sound worldly wise by giving cautionary estimates and hedging their predictions and then sitting on their hands alllllll the way up until it went to 15x and only then did they start to realise that they are the plebs, not the wise outsiders

[Anonymous No.23967146]

>>23965935
It was mentioned on the fucking Simpsons in 2014

[Anonymous No.23967199]

the net worth of the top 1% is ~$160 trillion and continues to grow, the mcap of gold is ~$9 trillion. To think that btc cant possibly reach $1 million is pure cope.

[Anonymous No.23967220]

>>23966947
https://fred.stlouisfed.org/series/M2V

>>23965935
Normies don't know shit about crypto and institutions are buying 250% of bitcoin daily supply they are actually fuding and supressing the price while accumulating.

>>23966814
it's not hopium check all past predictions on price , this is one of the times the matrix glitched and even the most optimistic predictions were surpassed by a lot.

[Anonymous No.23967245]

>>23965242
Newfag harder

[Anonymous No.23967247]

>>23966947
only a loser would save this pic. I started my first biz long before I was 18

[Anonymous No.23967308]

Crypto is going to go up, and no one here can even fathom just how high this bitch will fly. Biz is a slow board with few users. It skews our perspective when we spend hours a day shitposting about crypto. In reality we are the 1% that are in the know. Most normies know nothing about crypto beyond "bitcoin." We're going to make it. We're going to be filthy rich in 5-10 years, and we'll be able to do whatever we want. Fuck, the next Soros is probably shitposting among us. We are the next generation of wealth.

[Anonymous No.23967311]

>>23965242
your number 42 checked
also you might be right but with that logic bitcoin and crypto would all crash in 2024?

so still a good 3 years left to milk this crypto cow until countries force their own coin down our mouths.

[Anonymous No.23967336]

>>23967247
Drawing hentai for greasy fat pedophiles is not a business anon

[Anonymous No.23967370]

>>23967247
Starting your own business is what immigrants do, instead of having one boss you now have all of your clients as your boss, it is only marginally less pathetic than having a job

True alpha tier is being asset rich and not having a yoke around your neck, get back to it wagie

[notanon No.23967702]

>>23967146
not sure but i think mr robot too

[Anonymous No.23967754]

>>23965168
of course bitcoin at $100k isn't going to happen. That's $32B in annual rewards. People have lost all sense of scale. For comparison, the biggest chip making company in the world, TSMC, is going to have about $45B in revenue for 2020.
>but it went up so much in the past
because number of people buying grew up exponentially. You can grow from 0.01% to 0.1% then to 1% then 10% although it's increasingly harder. It can't anymore. The market is nearly saturated.
https://hackernoon.com/14percent-of-americans-own-crypto-only-12percent-own-gold-xs4v46cj

[Anonymous No.23967760]

>>23967308
>Fuck, the next Soros is probably shitposting among us. We are the next generation of wealth.
this is actually true, but at some point we need to start buying politicians.
i still cant fathom why some whales dont get together to get brad sherman outsed from office. would probably be cheap to do and would send a message.

[Anonymous No.23967770]

>>23967199
Based high iq dubs

[Anonymous No.23968022]

>>23967760
Someone needs to take care of brad Sherman; this old fuck needs to go. Whales need to fuck this boomer boy.
I

[Anonymous No.23968056]

>>23967754
55% of Americans own stocks

[Anonymous No.23968548]

>>23965168
It’s going to be a self fulfilling prophecy at this point. People expect it to go to 100k+ now. It’s gonna happen

[Anonymous No.23969579]

>>23965168
Is 0.1 BTC enough to make it in 2030

[Anonymous No.23969634]

>>23965168
i got in at $5900 last year, literally dgaf

[Anonymous No.23970256]

>>23969634
But u don't even have 1btc

[Anonymous No.23970280]

>>23967754
It won't hold, but it could happen for 1 day, like the 19k top

[Anonymous No.23970365]

>>23965168
I think the real question is does this chart apply to Ethereum too? Because if BTC hits 100k, ETH could hit 10k (which is a 20x) assuming ETH goes back to 0.1 BTC like in 2017 (ATH was 0.17)

[Anonymous No.23970654]

>>23970365
ETH is not deflationary, lol.

[Anonymous No.23970709]

>>23970654
Could still hit 0.1 though

[Anonymous No.23970782]

>>23970654
confusing reply. Eth is actually going to be potentially deflationary with fee burning, while btc is inflationary.

[Anonymous No.23970865]

>>23970782
BTCs supply is limited, ETHs is not. Stupid mETH head.

[Anonymous No.23970930]

I think the more popular a trading sentiment is the more likely it will be targeted by manipulation. Four years of watching bitcoin leads me to believe it will always slip by those important dates quietly and then moon in the dark when no one is watching.

[Anonymous No.23971378]

>>23965168
where do I access this chart?

[Anonymous No.23971398]

>>23970865
New Bitcoin will continue to be minted for the foreseeable future.

[Anonymous No.23971455]

>>23971378
literally in the image