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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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24208446 No.24208446 [Reply] [Original]

Day 6 of the bull run.

I'm fucking exhausted, bros.

>> No.24208469

>>24208446
The only way I. An stay away from the charts is to fuck rando tinder bitches all day

>> No.24208483

Only 6 months two a year bro, then we can justify to ourselves lying to our managers about why we aren't getting shit done WFH

>> No.24208484

>>24208446
We're basically still on the runway, desu. Last cycle BTC hit it's previous ATH and then it still took almost a full year before the top of the bullrun in 2017. We're just barely reaching for previous ATH now, we got a ways to go but the good part is it's gonna be exciting as fuck the whole way.

>> No.24208488

>>24208446
>he thinks the bullrun is in full swing already

>> No.24208495

>>24208446
Coffee is good for you. Drink 4-5 cups a day.
https://www.healthline.com/nutrition/top-13-evidence-based-health-benefits-of-coffee

>> No.24208503
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24208503

>>24208446
I feel you. I can't fucking focus on finals right now

>> No.24209189

>>24208503
Whatchu studying, bro? I'm taking 18 credit hours. At least it's fall break. I'm also a single father.

Fuck

>> No.24209214
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24209214

>>24208446
strap the fuck in anon

>> No.24209219
File: 313 KB, 220x220, 1605678244709.gif [View same] [iqdb] [saucenao] [google]
24209219

>>24209189
Holy fuck you're a madman. I respect that. I'm in semester system rn so 6 months of "work" on those final projects is sort of ehh... piling up.
Major is Computer science. And I took 4 computer science courses this semester. And everything's online so I can't really focus like I used to when I went to study on-campus. You know, irresponsible kid stuff.

>> No.24209271

Any oldfags from 2017? Was the vibe similar to this? Where are we right now?

>> No.24209276

>>24209189
nice to see one of us taking care of his kid
congrats anon

>> No.24209289

>>24209271
Not really similar to late 2017 just yet. It was wild, man.

>> No.24209295
File: 387 KB, 680x708, 1597152612244.png [View same] [iqdb] [saucenao] [google]
24209295

>>24208446
WHAT THE FUCK DO I DO I CAN'T SELL ANYTHING BUT THE RSI IS SO FUCKING HIGH I DROPPED MY RIPPLES FOR THAT MINUTE WHEN IT SURGED TO .90 CENTS AND I FUCKING LOST MY SHIT MAN WHAT'S GOING ON the volatility is nice but WHATT HE FUCK

>> No.24209311

>>24209214
how the FUCK did that cat learn how to dance?

>> No.24209322

>>24209219
You son of a bitch. I'm CS, too! I signed up for the 18 before I knew it was gonna be online! Respect, bro. We gonna make it whether we moon or not.

>> No.24209330

>>24209289
What about Q1 2017?

>> No.24209333

>>24209271
ignore the other moron, the vibe is literally the same as 2018 top. its kinda fucked
I don't have enough to retire so I'm closing my eyes to this and hoping for the gigamoon
coincidentally the same thing I did during 2018 top

>> No.24209334

>>24209271
May/June 2017

>> No.24209338

>>24208446
Late 2016, to December 2017 I had a year of this with Regular fud around futures, China fud and 30% pullbacks in between . Buckle up lads, if you wanna make it sleep you’ll do it on 4 hours sleep

>> No.24209351

>>24209333
>ignore the other moron, the vibe is literally the same as 2018 top. its kinda fucked
Really? Every coworker is talking about it? Every news station has it as a top story? Every tech grrl is writing about gender and racial inequities in crypto wealth?

>> No.24209354

>>24209330
q1 was calm. q2 was anxious. q4 was fucking crazy. q1 2018 was pain.

>> No.24209361
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24209361

>>24209322
>Implying I'll pass any classes this semester given my short attention span
I like your optimism. Let's get this bread, old man. Hope you make it too.

>> No.24209363

>>24209271
>2017
>Old fags
I hope you mean for crypto, lil guy.

>>24209276
Man. I love this little shit so much. His mother dipped out on us like 2 years ago. He is currently sleeping in a giant pillow nest I made for him. We had a movie night! Feels good man.

>> No.24209377

As you can see from my writing I’m buckled, ive missed almost a full week of gym, 2 hours sleep a night on average, socially isolated, but I’m up a little over 100k For the week. It be like that lads

>> No.24209384

>>24209271
I agree with this. >>24209334

>> No.24209385

>>24209333
Of course it feels the same as the 2018 top. We're at the same prices. Thing is, nobody cares about crypto except us right now. Not just biz, but you know what I mean.

>> No.24209391

>>24209333
we haven’t even gone through the “shit loads of extremely popular new projects going 10x in a day” or “blockchain can do this this and this now it will change the world” phase yet, retard. Were you even there? Blockchain classes literally became a thing during the last bull run. Bitcoin isnt even peaking on google trends right now

>> No.24209412

>>24209334
Late 2016, we haven’t crossed ath yet, this is like just before we crossed a 1k btc, hit another 1200 then dumped 30% which is likely what will happen here,

>> No.24209415

>>24209271
Not yet. 2017 was batshit. When you start seeing 300+ responses to threads about shit like pot coin and guys posting 500% gains daily on blatant scams, then we’re getting to mania. This doesn’t even feel like the pregame yet.

>> No.24209416

>>24209361
Fuck yes. I believe in you, anon. Honestly, the biggest drag is all the shit that has nothing to do with CS. You are going to make 6 figures. You are going to be the shit. And you are going to live a life worth living. I'll keep you in my prayers, dude. Whatever that means for you...

>> No.24209434

>>24209377
Bro, I took a week off. Every 3 months or so I just force myself to take a week, come back with a new plan. Feels good. Tore some chest and triceps up today.

>> No.24209508

>>24209338
Yeah those tricky chinks banned crypto every other week

>> No.24209509

>my shitcoins have only gone from 5k to 5.8k

I am never going to recover

>> No.24209516

>>24209434
nice anon, I’m gonna force myself to do some back and cardio today then get to bed by midnight

>> No.24209521

Crypto has my full and complete attention right now, when it does that's usually a top. Last time that happened was Sept 1 during the defi bubble.
Might go a bit higher like a month at most but once the small cap alts are done pumping I think a pullback to 12k is possible. Maybe a final shakeout; a rebound from there is super bullish because that means 12k is seen as "cheap."
Dump more from there and that means big players are done and have taken profit.

reasons for bearish bias:
>All this institutional stuff is bull; Square and paypal are not buying for themselves; they're custodians for retail buyers.
>hedge funds/institutions have to take profit too
>Funding flipped highly in favor of shorts
>Michael Saylor is literally a failed CEO turned gambler CEO
>aggregated btc derivatives are at ATH, so big decisive move will make smart money a lot of crypto

>> No.24209564

>>24209385
>>24209351
retail money is already in
https://cointelegraph.com/news/global-search-volume-for-bitcoin-appears-higher-than-in-2017

>> No.24209566

>>24209516
I'm in Colorado, anon. One trick I use when I'm not feeling it is that I take an edible, then go. It's therapeutic. Especially for cardio.

>> No.24209643

newfags always amaze me they think macro cycles are completed in a few months after a 2 year bear market, I’ve been in the game since 2016 this is nothing new to me. Look at who Biden just chose for the fed chair, Yellen will print and pump 10x as much as Powell did. The usd will get crushed and btc will hit 6 digits by q1 2022. It’s so predictable to me now it’s not even difficult. Gold will hit 4-5k in the same time period, silver 70-80$

>> No.24209681

>>24209643
>look at me I'm so smart AND an oldfag

literally nobody gives a shit dude. Pay attention to your wife. she misses you.

>> No.24209700

>>24209564
you are retail retard

>> No.24209719

>>24209643
anon stfu, if you've been in since 2016 and you're still here that means you fucking suck dick at trading
fuck off poor fag

>> No.24209752

>>24209681
>>24209719
Projecting much seethe harder kiddies

>> No.24209768

>>24209752
She misses you, dude. No one is joking.

>> No.24209769

>>24209719
The same must go for you anon otherwise why the hell are you still posting on some Thai leather tanning forum with a bunch of poor losers?

>> No.24209780

>>24209564
>https://cointelegraph.com/news/global-search-volume-for-bitcoin-appears-higher-than-in-2017
Whoa I haven't actually heard of this data yet. Interesting...

>> No.24209790

>>24209769
counter trading indicators are here
unlike the other fag, I acknowledge I do not have enough money and I need tools to see market direction, which is do the opposite of what biz does

>> No.24209818
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24209818

look at this, /biz/ is as busy now as it was during the rona crash. board activity will peak into euphoria and then possibly more into a correction that will come

>>24209700
yea except my problem is I shoveled in btc during the march dip and now I have to take profit before rugpull. if i'm dumb money it will be because i sold too early not because I bought too late.

>> No.24209820

>>24209363
God bless you and your little fella mate

>> No.24209831

>>24209189
Work is easymode compared to university if you don't get a shitty job. I hated all the work piling up, and the stress of it all. When I'm not working I can do what the fuck I want and don't feel guilty.

>> No.24209834

>>24209330
It feels like Q4 2016 right now for me.

>> No.24209943

>>24209333
No where near, normies looked briefly in 2019 I think due to the shocking jump to 14k but wrote it off as 'dead' I received IRL signals about this from normies close to me. Articles in news were only just spreading then, and gradually building up. At the top they were in front pages all the time (people's Facebook/Twitter news feeds). More tech friendly normies will IRL bring it up to discuss I remember saying how I got justed on LTC as I sold it just before it pumped to like $300 a coin or more.

People were mining daily earning $5 for decent GPUs on whattomine. Fucking genesis mining contracts and shit like that which would end up paying off only if you jumped in at the start of the bull.

>> No.24209949

>>24209818
Interesting that it's still not as busy as it was during the defi craze. I guess that might have something to do with summer, but still, it does feel like the euphoria levels are lower than August.

>> No.24209979

>>24209289
Not even close, just think like the insane link pump feels in august, but every few days a different coin.

>> No.24209988

>>24208446
I hate this feel, last time I drank a medium vanilla cappuccino I got fucking anxiety.. I can't even drink caffeine anymore man. maybe it was because it was late in the day.

>> No.24210013

>>24209949
The DeFi bubble had some insane pumps like ESH, XOR, and AMPL, we haven't seen anything like that this time (yet).

>> No.24210040

>>24209415
And the pump and dump groups shilling on every single thread

>> No.24210083
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24210083

here's my free alpha movements in my electrum wallet - roughly when i bought/sold, unlike most of you faggots i sold the asuka rally.
>>24209949
the difference with defi is there's 10000 shill posts for food token.
the difference between 2017 and now is ICOs happened simultaneously with the craze blowoff top whereas a lot of that smallcap craze already happened in august in 2020. though money still might flow there.

>> No.24210121

>>24209295
It's these institutions, they have so much fucking money and trade so professionally, they are making this relatively tiny crypto market swing like a motherfucker, it's gonna be so volatile soon, think 45% V shape corrections laughing like a maniac as the price dumps by thousands then bounces higher the next day

>> No.24210184

>>24210121
if you could figure out how much grayscale has in their warchest to buy then you can get some idea of how high the price will go.
their market cap is 2 billion difference from the btc holdings they have but that doesn't mean they have 2 billion to spend on bitcoin.
right now around $18000 / btc , 900 mined per day - that's at least $16,200,000 in new money being bought directly from the miners everyday.