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/biz/ - Business & Finance

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25788204 No.25788204 [Reply] [Original]

sooo why did any of you niggers think 40k BTC was anything other than overpriced. i'd like calm, rational explanations. deluded perma bulls please stay out of this thread.

>> No.25788238

the valuation is justified because someone else will pay more for it after

>> No.25788254

>>25788204
$40k is still cheap.

>> No.25788313

I could actually see it hitting 100k plus from inflation

>> No.25788316

In 1 month it will be a cheap af, brainlet

>> No.25788359
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25788359

>>25788204
>he doesn't think an imaginary internet coin is worth $40K
ngmi

>> No.25788375

Heh. institutions.

>> No.25788445

>>25788204
Glad this correction will shake out poorfags like op out right before we get filthy rich

>> No.25788460

>>25788204
because big corporatiosn are buying it

banks can hold assets in crypto now

>> No.25788502
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25788502

>>25788204

>> No.25788522

>>25788204
My 15 y/o nephew bought at 40k knowing nothing about what btc is. Really hope he geta rekt so le learns a hard lesson while hes young

>> No.25788618

We’re looking at a 15-20x from 10k levels. We’re only in the second of five waves. Check digits.

>> No.25788816

I believe the real crash will be tomorrow so 25k kind of hoping or a rebond since i held on to some alts and eating small losses but want to sell out at a small profit, may be too late for that but tomorrow even with loss I am sure i can rebuy into a better position...What do?

>> No.25789044

>>25788204
i buy stocks

>> No.25789355

>>25788204
Btc isn't a commodity or ownership of a company it has no means of evaluating value. It's literally either worth zero or whatever someone will pay for it depending on your outlook.

>> No.25789428

>>25788618
you know what ppl do during war times? they cash out. get fucking ready BITCH

>> No.25789645
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25789645

>deluded perma bulls please stay out of this thread.

>> No.25790099

>>25788522
i bought my first btc too without knowing what it was. just to try it out. once i had it i started researching morer and realised this was a longterm hold and went all in. your nephew wil prolly do the same.