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

/biz/ - Business & Finance

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24432227 No.24432227 [Reply] [Original]

what the fuck is this bullshit man? seriously..

>> No.24432248
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24432248

>>24432227
NOCOINERS ARE YOU OK?

>> No.24432296
File: 71 KB, 377x337, bobo tears.jpg [View same] [iqdb] [saucenao] [google]
24432296

>>24432227
ARE YOU OKAY NOCOINERS??!! BOBOS? I'M HERE IF YOU NEED SOMEONE TO TALK TO.

>> No.24432300

>>24432227
>HHHHNNNNNNNNGGGGGGHHHHHH

>> No.24432327

it'll dump, and probably pretty fucking hard. chart is beyond unsustainable and prior ATH resistance is insane

>> No.24432362

>>24432327
>chart is beyond unsustainable and prior ATH resistance is insane
wake up retard

BANKS BUYING BTC

>> No.24432394

Bitcoin follows the stock market. It's basically just an equity now. You're buying Tesla when you buy BTC

>> No.24432398 [DELETED] 

>>24432227
i mean i could double top here essentially forming gigantic coup and handle on monthly chart (with the handle taking us as low as 10k before 2021 moon mission
but honestly the bullish scenarios seem more probable at this point

>> No.24432424

>>24432362
lmao let me guess, $100k EOY?

>> No.24432446

>>24432248
no

>> No.24432462

i mean it could double top here essentially forming gigantic coup and handle on monthly chart (with the handle taking us as low as 10k before 2021 moon mission
but honestly the bullish scenarios seem more probable at this point

>> No.24432465

It will correct and crab for a while. And alts will blow like in the summer.

>> No.24432498
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24432498

>>24432248
fucking no

>> No.24432502

just waiting for the manipulative whales who prey on naive coinbase fomoers to pump it to 21k, with all the technical indicators completely fried, so we can finally drop back to the 20 week MA at 13k

>> No.24432504

>>24432227
Manipulation.

>> No.24432514
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24432514

>shitcoin can't overcome ATH
>going back to $10k

pick both

>> No.24432518

And every bear gets none

>> No.24432547

>>24432327
Kys faggot you had 12 years

>> No.24432566

>>24432424
unironically yes, but stay ignorant of the signs

>> No.24432575

>>24432227
>fucking blatant price suppression since the halving.
>the big money deems the amount they hold enough and let's bitcoin act normally again.
>the market is now returning to it's fair price after price suppression
>OP is surprised by all this because this is, in fact, his first rodeo

>> No.24432588
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24432588

How are goldcucks coping?

>> No.24432637

>>24432424
$400k

>> No.24432663

Are banks and companies really gonna push us to a new ATH? Is it really that simple?

>> No.24432669

beanie baby collections used to be worth mroe than houses

if bitcoin isnt owned by a government (which it may be) then youre gunna be fucekd when the next player comes into crypto where most of the obfuscated wealth is owned by the government

if btc is privately owned get ready for it to tank when all the elite get out

>> No.24432679

>>24432588
WHERE YOU AT SCHIFF

WHERE YOU AT NIGGAAAAAAAAAAAAAAA

>> No.24432686

>>24432566
Kek. Newfag detected.

>> No.24432711

>>24432663
The rise will scare a lot of people, most don’t handle upward volatility well

>> No.24432764
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24432764

it's not that bitcoin has no downside, it's that the dollar has no upside and every non-bitcoin asset is shackled to the dollar.

it is a collosal fucking tragedy, but you have to recognize the situation and adapt.

>> No.24432773

>>24432686
it's just simple math, retard

>> No.24432846

>>24432227
this is so bullshit, why are those of us who got out of the crypto market since the covid crash being punished for thinking logically?

>> No.24432853
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24432853

>>24432566
>>24432637
>it's going to 10-40x in the next 30 days, i swear!!

>> No.24432893

>>24432846
>applying logic to clown world

>> No.24432894

>>24432711
People will just fomo in and it'll crash, won't it? How high will the banks push it before the crash, though?

>> No.24432925

>>24432669
12 years you had. 12 years wasted. 12 years you could’ve been rich. Buy now or regret again in 12 years

>> No.24432969

>>24432894
Normal people stopped mattering a while ago, most are broke. The rich have already started securing their ticket to the life raft. Institutions don’t let things crash, they artificially restrict supply like housing or diamonds to keep prices high. Once you’re priced out, you’re priced out forever.

>> No.24432997

>>24432846
The market can stay illogical longer than you can stay solvent. embrace the clown world.

>> No.24433003

>>24432227
you had 12 years

>> No.24433034

>>24432853
>what is market cap
>what is demand and supply
>how fucking hard is it for this to reach 20% of gold market cap, now that even BANKS see it as an alternative to it
I'll stop here because this just feels like bait.

>> No.24433068

>>24432846

it's called an outside context problem. imagine that you lived through the advent of the printing press and dismissed it as irrelevant. That is about where we are at.

>> No.24433133

how many years did you have? 12. you had 12 years.

>> No.24433157

>>24432925
Nice fallacy thinking. You think with your heart not your head... the wind whispers to you....

n
g
m
i

>> No.24433208

>>24433068
and imagine if BTC is simply future currencies training wheels.

The main quandary with bitcoin is its mainly hype driven by the majority. people lookign to get rich for nothing, rather than its intrinsic value. theres obviously big hype around decrentralised currency but theres nothing to suggest anythibng currently in commission is the future. The main issue BTC and the like is driven by the hype. and these threads by you guys serve to make people HODL. because if nboody sells and hype remains youre rich. you probably dont even fully believe it yourself but you must keep believing, so you can tell others the same

>> No.24433284
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24433284

Uh this looks organic.

>> No.24433291

>>24433208
>people lookign to get rich for nothing

if you actually believe anyone is trying to do this right now, you are fucking delusional. This isn't a pump or a bullrun. It's just every human being with a godamn clue trying to protect as much as they can, as fast as they can, without triggering a full-blown run.

>> No.24433462

>>24433284
Woah no fucking way.
Take a few minutes and read about what a market maker is. Groups are paid to add liquidity to the order book on cexs

>> No.24433516

>>24433291
LMAO. Most people on /biz/ are self proclaimed lazy bastards who wanna get rich doing nothing. Ic ant believe youre even contesting it

>> No.24433562

>>24433291
Also 2 percent of btc traders own 95 percent of the asset. Anonymous traders. it all hinges on whether these people are elite pump and dumpers looking to cash out on the poor man trying to get ricdh doing nothing or forseeing the future

I would bet my life and eternity in hell on it being the former

>> No.24433573

>>24433462
Take alameda for instance, they provide roughly 1 bil a day in liquidity across multiple platforms. This is before you introduce retail bots into the mix.

>> No.24433599

>>24432679
he's having a meltdown on twitter

>> No.24433623

>>24433562
>>24433516

and what happens if I take you up on that bet

>> No.24433673

>>24433623
cya in hell boyo.

But seriously, the fact that most crypto traders are looking to get rich doing nothing speaks volumes. All you have to do is asks the average biz trader why theyre into crypto to be greated with ' cba working' 'need to get rich with 10k and nothign else'

sounds promising. that kid will put 10k into BTC and as soon as greener pastures arrvie hes fuckikng off.

>> No.24433680

>>24432588
Some have bets all over the table including in the crypto space. No lose.

>> No.24433708

>>24433623
And the levels of FOMO. if you asked an aspiring trader "are you comfortable not holding a sizeable amount in current cryptos" they will repy with absolutely not.

Now remember that 95 percent of BTC is held by 2 percent of traders. So you have a formula of all the BTC being held by a tiny minority and everyone whos worth their salt believing they have to hold crypto to have any chance of making it.

The formula is going to fuck over all the poor plebs

>> No.24433731
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24433731

I'm some retarded asshole that just bought some coin a few months ago to buy weed and when a darknet market got shut down I had some I just left in my wallet and was shocked to see that it has grown. I have no idea how any of this stupid shit works but I'm thinking about leaving it alone and see what happens.

>> No.24433765

>>24432227
Opened a 10x long at 19450, guess what, NEVER CLOSING

>> No.24433860

>>24433708
Nothing wrong with what you're saying, order books are increasingly thinning out as btc tops out. Agree with most of it and sense another 80%-85% correction after the top (30k? 40k?); I'm just here to make some money and want to book my 6 figs.
You hold any crypto? You're just here to ride the pump and dump or are you a nocoiner?

>> No.24433884

>>24432424
unironically a decent chance it might happen
but you probably have too much regret from not buying to look at things objectively

>> No.24433911
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24433911

>>24433765
you won't have to because you're about to get liq'd

>> No.24433924

>>24433708
a pointy pyramid I must say. wonder if people will rebuy after another major drop? Feels like the biggest scam of all. Wonder if it would bring a real social chaos worst than right now? Sounds like a solid plan to fuck even more a society. Interesting time and Godspeed

>> No.24433937
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24433937

>> No.24433940

>>24433884
dude please get your head checked. it's not going to 5x in under a month's time.

>> No.24434044

>>24433680
C O P E

Imagine defending boomer rocks online

>> No.24434065

>>24433940
doesn't EOY mean 1 year from now?

>> No.24434110

>>24434065
nah it means end of the current year
>>24433940
I didn't actually see the EOY part. Thought you meant it won't reach $100k ever. My bad.

>> No.24434117

>>24432424
Hilarious how you say that so smugly even though it's the most logical post-halving price

>> No.24434220
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24434220

>>24432465
This, unironically. Most likely scenario.


Buy Curio (CUR) ;) say no mo

>> No.24434221
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24434221

>>24432846
maybe you should have listened to what satoshi was trying to tell you. picrel

>> No.24434283

>>24432327
it will dump anon, but you'd better get in next dump, otherwise you WILL be left in the dust