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/biz/ - Business & Finance


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25816389 No.25816389 [Reply] [Original]

The crash was exactly the same as today. Then a month full of -10% crashes until it entered a 3 year bearmarket.

I wish this pump was geniune but everyone caught wind it was being pumped by fake cash. I knew from the first tipover yesterday that it was over.

>> No.25816493

>>25816389

Im expecting a 40% drop and I wouldnt be surprised if the rebound lined up with a significant correction in the markets too. Triggering another liquidity crisis and dumping btc another 50%... this is the worst case scenario for bitcoin i think. Other than that im bullish EOY.

>> No.25816550

>>25816389
do you remember the teeka flood of institutional money line from those times. that's what clicked for me this run exact same narrative just that it was earlier while people were coping with the institutional money line during the btc bust and alt run in jan 2018

https://www.caseyresearch.com/daily-dispatch/teeka-tiwari-on-how-i-vastly-underestimated-bitcoin/

>> No.25816616
File: 147 KB, 518x442, 1610057091589.jpg [View same] [iqdb] [saucenao] [google]
25816616

>>25816389
Look at the indicators and the previous crashes during 2017 bull run. It's far from over. You're worse than a newfag having learned nothing during your time here.

>> No.25816625

Bitcoin has proven to bounce back from past crashes, in 2017 many people thought it was over for Bitcoin. Don't tell me there's not a legion of people who would give a leg to buy some bitcoin at 10k.

>> No.25816639

>>25816389
>https://www.caseyresearch.com/daily-dispatch/teeka-tiwari-on-how-i-vastly-underestimated-bitcoin/

Fellow 2017 fag, bull market isn't over. Chill.

>> No.25816641
File: 50 KB, 480x631, 3AB549A8-B658-4D30-AC4A-E9E8922896AA.jpg [View same] [iqdb] [saucenao] [google]
25816641

>>25816389
Every drop in 2017 was the same mongaloid

>> No.25816689

right because paypal greyscale microstrategy and every other fucking company is all selling now for a small 2-3X

>> No.25816718

>>25816389
Stop lying OP. There were like 5 bear traps before the crypto winter crash.

>> No.25816771

We're dropping 80%

>> No.25816813

>>25816689
>small 2-3x
>literally billions of dollars for doing nothing

100 - 200% profit is fucking huge for big companies like this.

>> No.25816829

>>25816389
We weren’t about to get monthly gibs from the government in 2017 were we

>> No.25816838

>>25816389
We are barely at disbelief bro

>> No.25816840

>>25816616
Delusion

>> No.25816844

>>25816689
if they were smart they would sell

>> No.25816870

>>25816689
Companies with billions of dollars in BTC don't try to crash the market bobo. They do OTC deals with other megawhales because they end up with more money.

>> No.25816890

>>25816639
this bubble peaked.
if it bounces from ~16k with wicks lower and fills up the gaps then there's a chance of a double bubble like 2013. it'll consolidate in the 20k to 30k region with a parabolic spike eoy.
i'm 100% sure 40k/50k bitcoin is exhausted this month.

>> No.25816978

>>25816689
You fools realize they bought way back when it was trading at $5-10K? Look at the minting on USDC (a geniune stablecoin investors actually give cash to). Only about $10-20M dollars are entering the market daily at this point. Tether and Bitfinex are fabricating billions to artificially inflate Bitcoin and everyone will (soon) know about it.

>> No.25817011

Older and straight here, you're a fucking idiot. You have less in crypto than I spend on gas today. Quit giving shit advice to the kids.

>> No.25817038

>>25816616
it'll be back above 40k before february

>> No.25817105

tether hasn't stopped printing fake money
they are gonna pump this dip hard
if they stop printing for 5 days sell
if they stop printing for 10 days short

>> No.25817120

>>25816978
or not.

>> No.25817160

>>25816389
you're not an oldfag. 2017 was like 4 days ago.

>> No.25817223

Well bought back in thinking it will recoup another 10% before crashing another 20%

>> No.25817234
File: 169 KB, 1764x835, bobono.png [View same] [iqdb] [saucenao] [google]
25817234

The main bubble hasn't burst yet you dimwits. This is just one of the local fomo bubbles

>> No.25817248

>>25817011
Cope

>> No.25817271

>>25816641
It wasn’t a 10k drop you fucking retard. Nothing compares

>> No.25817315
File: 14 KB, 400x305, 2E17BC87-7E04-48A5-834B-49E3AC08217C.jpg [View same] [iqdb] [saucenao] [google]
25817315

I can do another 3 years no sweat.

>> No.25817323

>>25816389
>>25816639
>2017
>oldfag
KYS. Bitcoin was more popular and mainstream in 2017 than now.

>>25816625
>>25816689
lmao the fucking delusion. normalfags who randomly just picked the most popular stocks in 2017 like amazon/tesla/amd/whatever has bigger ROI since 2017 than bitcoin

>> No.25817331
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25817331

I keep seeing people compare this bullrun to 2013 or 2017. But they're wrong. Unlike the inherently speculative nature of the previous runs, this is an accumulative run driven by institutions and high-wealth individuals. They think and act differently, and you need to know the difference.

You may have noticed a pattern of late that an ATH is reached, and then it immediately pulls back significantly. I see people putting it down to "corrections" or "dips" that you normally see but it's not. It's an intentional market manipulation by those big players.

The problem that they're running into is that there simply isn't enough BTC on the market at any given time to satisfy the needs of the institutions themselves and the clients they serve. They have to find ways to pump liquidity into the market, so this is what they're doing.

They don't care about short-term trading losses. They're dumping large amounts of BTC in the form of BTC and derivatives to drive down the prices and trigger stop-losses and panic selling. BTC that would otherwise be safely locked up are being released onto the market, and they're snapping them up at (relatively) bargain basement prices.

Then what happens afterward? They've now sucked all the possible liquidity out of the market. It's gone. Everyone they can possibly induce to sell has sold. Which leaves only those waiting for higher prices to sell. And so we hit a new ATH, rinse and repeat.

>> No.25817359

>>25816389
2017fag here. I remember riding multiple major corrections - with multiple runs to ATHs in between - before things really got hot in the fall/winter.

>> No.25817370
File: 2.05 MB, 1278x4170, Bitfinexbinancerugpull.jpg [View same] [iqdb] [saucenao] [google]
25817370

>>25816389
Chinks are going to rugpull soon. You read pic related right?

>> No.25817374

>>25817234
Lmao, thinking it’s going to follow your TA precisely

>> No.25817384

>>25816641
For starters those percentages are retard BS

>> No.25817393

>>25817331
good take

>> No.25817409

>>25816840
>price of coins starts growing in logarithmic order of magnitude the road from 1000 to 2000 becomes 20 000 to 40 0000
>LOL NUMBER LOOK BIG HAS TO FALL DOWN
Retard

>> No.25817416
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25817416

>>25817384
Yeah?

>> No.25817422

>>25817271
>it wasnt a 10k drop
Because back then the price was lower? Holy fucking shit shut the fuck up and break your hands with a hammer you absolute retarded mongoloid gorilla nigger

>> No.25817445
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25817445

>>25817331
>Unlike the inherently speculative nature of the previous runs, this is an accumulative run driven by institutions and high-wealth individuals
Those individuals are a printer in Hong Kong kek

>> No.25817474
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25817474

>>25816616
/thread

>> No.25817505

>>25817331

Unfortunately for you I have seen this exact post back in 2017 every single day. Your point is completely invalid, this bullshit has been said since forever.

>> No.25817508

pack it up until the next halving

>> No.25817513
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25817513

choose 1, retards

>> No.25817546

>>25816389
>2017
>oldfag
Pick one newfag

>> No.25817552
File: 471 KB, 1086x1400, QMan_FF_Legacy_556_Green_Death.jpg [View same] [iqdb] [saucenao] [google]
25817552

God I can't wait for BTC to crash and for the tears to flow. So many smug, entitled little bitches pushing this ponzi scheme, thinking they're gonna be rich. CRASH BABY BURN! LOL.

>> No.25817576

>>25817331
Makes sense actually. Everyone here thinking the music has stopped, party is over, billionaires took their ball and went home. Yeah...unlikely. Why would they stop pyramid scheming people all of a sudden now when they can just keep pump and dumping it all the way back up to 50k, then 75k, then 100k. Feel like rich people don’t leave money lying on the table. This is far from over

>> No.25817592

>>25817331
>he think this isn't inherently speculative when all risk assets are in the biggest speculative bubble of our lifetimes
horseposter you are the canonical retard of this board. Please do continue posting your dumb as fuck images so I can easily filter out your posts.

>> No.25817594

>>25817416
I’m with you, babe
Hands are stronger than Jews’ grip on US foreign policy

>> No.25817620

>>25817271
Wut?

Your money doesn’t work in %?

>> No.25817630

>>25816389
2017
oldfag

pickone

>> No.25817647
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25817647

>>25817331
i know this is wrong because buy and hold institutions aren't the only ones in the game. 2017 had plenty of trading firms and hedge funds that rekt people both ways to squeeze every last bit out of you. 2020 even more of them.
institutions that allocate 1% or whatever of their money and sit on thesidelines like cucks will let the pro traders chop every degen until they're bled dry.
funding is still high because bulls have been trained to buy every dip and sentiment is still bullish... doesn't usually end well.

>> No.25817670

>>25817422
Well said

>> No.25817688
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25817688

>>25817416
>>25817594
Seeing newfags freak out over baby's first dip is pretty entertaining. That and the losers who are priced out upset at crypto's success.

>> No.25817702

>>25817416
based deliverer, thank you

>> No.25817718

>>25816389
>oldfag
https://www.youtube.com/watch?v=K2ku1A5Ox8U

>> No.25817795
File: 55 KB, 500x521, 881FF403-0249-4AA4-A2DE-AF0ADC38A76C.jpg [View same] [iqdb] [saucenao] [google]
25817795

>>25817331
Based OldFag

>> No.25817798

>>25817234
What indicator is this on TradingView?

>> No.25817809

>>25817552
You’re a crab in a bucket.

>> No.25817825
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25817825

>>25817688
Seeing your fear and anxiety dripping of the screen while pretending it's not, is even more entertaining.

>> No.25817879

Institutions pull out when they start losing money, they never lose. If this crashes to $20k, they'll panic and unload a couple billion a day.
None of them bought after $15K. This will be over in 3 days.

>> No.25817951

>>25817795
Seriously the top was when Pete was getting piss drunk live on his podcast and talking about lambos. Dude was so euphoric.

>> No.25817980
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25817980

>>25817825
I've been here since 2016 lmao, do you have any idea, any clue at all how many dips I've seen in my time?
>Dec 11th, $17,800
>Jan 11th, $34,500 (right now)
Oh no! We've more than DOUBLED in less than a month and now we're correcting!?!? Save what little board quality /biz/ has left and stop posting at any time.

>> No.25817981

>>25817951
There is no top on bitcoin on the macro, zoom out its 12 years of higher lows and higher highs, relax fags it’s gonna be ok

>> No.25818029

>>25817331
Wait you mean it’s a market?

>> No.25818079

>>25816389
>2017
>oldfag

>> No.25818098

>>25817980
Honestly the retards are the people who don't sell when the winds of correction blow then buy stronger positions. Just rebought all the alts I sold yesterday 10% stronger and with the left over I bought some other coin.

>> No.25818157

>>25817315

only person in the thread who gets it. people need to zoom out and relax. unless you're a filthy day trader but then you're ngmi anyway.

>> No.25818194

>>25816389
Already in a huge short since 40k.

>This time will be different

>> No.25818204
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25818204

What are you gonna do when this pyramid scheme collapses and you're left holding the bags? What will happen when YOU are the bottom of the pyramid scheme? When YOU are the sucker? What goes up must come down. What is red-hot must cool off.

>> No.25818230

>>25817248
lol nigger

>> No.25818338
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25818338

>>25818098
I've been here since 2016.
I bought ETH when it would fluctuate between $46 and $51. Everyone would buy at mid $40's, and sell at $50 for easy money. Then one day ETH took off and hit $250 out of nowhere.

You're playing with fire friend, careful now.

>> No.25818350

>>25818204
Do you know what risk is? Do you ever feel alive? And what you typed- I'll add "what lives, dies". I'll live my life taking risks and making something out of it. For the thrill of the hunt. For the dream and the journey to it. So what if it all comes crashing down. I'm learning day trading and its a lot of fun. Not having a plan B and a plan C, now that is stupid. But I won't stop taking calculated risks.

>> No.25818368

>>25816389
Have fun staying poor brainlet

>> No.25818477

>>25817513
Long term: past enthusiasm
Short term: this occurs every 1-3 years

>> No.25818497
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25818497

>>25817271
>You should use absolute values, not percentages
Most brainlet thing I've read today.
Do you think a $1000 loss for a poor college student is comparable to a $1000 loss for Jeff Bezos?

>> No.25818541

>>25816978
>Tether and Bitfinex are fabricating billions to artificially inflate Bitcoin
is it 2017 again? why are you retards back spouting this bullshit everywhere. it wasn't true last time and it's not true this time

>> No.25818643

>>25817331
Ok so when everyone who is going to buy in has already done so what then, Bitcoin is a Ponzi that needs new converts to increase the price, no one is holding just because, and when the price stops rising they are probably gonna want to invest somewhere else.

>> No.25818657
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25818657

Lmao

>> No.25818663
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25818663

>>25816389
>2017 oldfag here
kys

>I wish this pump was geniune but everyone caught wind it was being pumped by fake cash
There is no such thing as a genuine pump. There have been 4 hype cycles in btc, this is just another hype cycle. Each of these hype cycles have had a parabolic advance and then a big dump. Yes it may dump eventually but this is not the end. Although the percentages decreate for each new cycle, the order of magnitude is much larger.

>Tether and Bitfinex are fabricating billions to artificially inflate Bitcoin and everyone will (soon) know about it.
If you were really here in 2017, then you remember the tether FUDers saying the same exact thing. You are a newfag. This is an obvious b8 thread

>> No.25818665

>>25817331
Is this you? Why didn’t you give us the full version huh? Biz not good enough for you?https://www.reddit.com/r/CryptoCurrency/comments/kuvpyk/this_isnt_a_dip_its_a_giant_liquidity_suck/?utm_source=share&utm_medium=ios_app&utm_name=iossmf

>> No.25818676

>>25818338
I'm a new fag so still tinkering around. Only have 500 bucks into this, (started with 300) So I'm clawing my way up. I do have set goals on what I want to stake, very modest like 0.015 btc and .33 eth and some tier 1 blockchain coins. This flip i sold off all my alts (dot, link and ltc) and rebought them back with a 10% better position. I have another $500 in the bank to put in once btc falls to ~>25k. This flip I also picked up 50 algo with my change. I kept my KNC and SOL since they did weather this downturn well. Once I reach x marks I keep the coins save but until I hit those goal positions I need to day trade to get there.

>> No.25818694

>>25817370
so they're going to sell their tether?
for what?
more thether?
i doubt it

>> No.25818714

>>25818541
>it wasn't true last time and it's not true this time
>>25818663
>muh cycles muh FUD
It's literally going to NY Attorney General in 4 days, it's over

>> No.25818761

>>25816389
>2017 oldfag
Weak bait

>> No.25818800

>>25818676
day trading can be dangerous
you know how traders at big institutions actually trade?
80% fundamentals, 20% technicals
trades last about 1-3 months

just be carfefull

>> No.25818810

>>25817331
Makes sense even more when you look at what just happened with link

>> No.25818842

>>25816978
This. Imagine thinking institutions bought recently kek

>> No.25818928

>>25818800
Thanks for the tip, I don't constantly flip yesterday I just had that gut feeling the market was in for a down turn so cashed out with btc around 38k and rebought once it bottomed out (i hope) at 32.5 and showed some stabilizing around 33k mark. The money I have applied is inconsequential atm not life changing and yeah I know when to hold, just trying to learn when to sell. I have had some fuck ups like selling my btc at 24k because it was at 25k and had dropped to 23k to them just blow up into 27k. You live and learn

>> No.25819053
File: 321 KB, 662x492, Holmes.png [View same] [iqdb] [saucenao] [google]
25819053

What will you do if all cryptocurrency is declared a pyramid scheme by the US government and they start cracking down or jailing people at the top of each coin pyramid? The value will fall to 0 and you will lose all your investments. Remember Elizabeth Holmes (blonde lady with red lipstick), the CEO of Theranos, who was being pushed EVERYWHERE just bc she was a woman in Silicon Valley and she larped as Steve Jobs wearing turtlenecks and quoted him? She was recognized as a genius before by the media, but now she's just a conwoman or charlatan. The US government got involved in her company and the hype vanished bc it was fraudulent. She got exposed bc she didn't have a working product. It was all PR and smoke and mirrors. You might think she was gonna be around as some billionaire CEO for decades but it all went up in flames. That can happen to your cryptoC companies too. I know damn well the US government can track down people with the largest amount of BTC (top of the pyramid scheme) if they really want to. They hire top hackers and programmers. This thing can go up in smoke.

>> No.25819121

>>25818800
This is so fucking false. Its the other way around

>> No.25819172
File: 2.05 MB, 1284x4170, 5days.jpg [View same] [iqdb] [saucenao] [google]
25819172

>>25819053
Tether is a scam and normies know about it now, giga crashes all year.

even
>Buy the dip
maxis will get paper hands after their buy gets leveled two days into their hold.

>> No.25819193

>>25819053
i hope she bought bitcoin

>> No.25819214

>>25816389
fellow oldfag here, stop being so fucking dramatic. You look like a newfag.
During 2017 we had multiple crashes just like this only to recover. What will happen is we will crab/dump for a couple of weeks after which bitcoin will resume its climb towards 200k. We've all seen this show before.

>> No.25819407
File: 100 KB, 512x505, [Clio Team] 1905 Picasso Au lapin agile, Arlequin au verre, With nimble rabbit, Harlequin with glass Huile sur Toile 99x100 cm.jpg [View same] [iqdb] [saucenao] [google]
25819407

WTF does it mean that BTC just randomly goes up and down? Nobody knows why it changes. Like stocks, it seems to just go up or down based on emotions. Positive news stories can make it go up like getting rid of Donald Blump and switching to Biden instead in the election coverage. Negative news storoies can crash the value such as when Covid 19 hit USA. That essentially means the mainstream media controls the price of BTC. If they want to raise the price, they will astroturf some optimistic news stories. If they want to tank its price, they will spread FUD (fear, uncertainy, doubt). If BTC is decentralized and not really controlled by anyone, then why can the price be manipulated by news stories? Why is it tied to emotion and fear?

>> No.25819594

>>25816389
ETH and LINK OG here. Let my explain something to this board. Crypto is a casino, a sumzero game.

You fall into the traps that some "institutional guy" will buy your bags. Institutional funds diversify into dozens of assets that buy slowly in the bear market. Grayscale is the fund most exposed to Bitcoin and they have average BTC price under $5,000.

By the way, that Microstrategy has bought does not mean anything. Other people with more money have gone broke. Do you remember Bitmain founder Jihan Wu? Lost $2B in 2018.

>> No.25819595

>>25819053
boomer needs to get out

>> No.25819635

>>25817271
lmao everybody laugh at this brainlet

>> No.25819718

>>25819121
i'm not talking about scalping bots or bots that scan news articles to gain an edge over normal people
i'm talking about actual humans making trades
traders

>> No.25819736
File: 218 KB, 884x737, Screenshot_20200928-151433.jpg [View same] [iqdb] [saucenao] [google]
25819736

Old fag here. Made good money in 2017, could have made much more. I went all in on BTC in 2018, stopped buying at 9k and HODL.
Btc price in 2012 during halving was around 6$,after halving BTC went to $1100.
Btc price in 2016 during halving was around 600$, after halving BTC went to $17k.
Btc price in 2020 during halving was around $10k, after halving BTC will go to $???

I hope around $300k so I can retire in the sun

>> No.25819887

>>25819594
This is 10000% spot on

tether's bots here make you think grayscale is buying at $42k

>> No.25819902

>>25818928
only trading these kinds of assets with money you are ok with losing seems like a good idea

and another thing: i suggest you don't use margin on crypto
probably too volatile

i don't want to be responsible for other persons losses, so please consider these things just as a suggestion and do your own research

>> No.25819908

>>25816389
>2017 newfag
FTFY

>> No.25819993
File: 136 KB, 502x652, 03rembrant2.jpg [View same] [iqdb] [saucenao] [google]
25819993

Why are all the altcoins' values connected to bitcoin? If BTC rises, the others follow. If BTC falls, the others fall. I know someone will say bc BTC was the first and most well-known. But if they really are seperate things running different blockchain technology, then the altcoins really shouldn't change based on whether BTC changes. Plus, people say that BTC price rises bc more of it gets mined over time and it becomes rarer and more valuable. So BTC should reach 100K by x date. Not only is that not true bc the price drops and crashes even as more BTC is supposedly mined as time goes on. But the other alt coins that are newer than BTC and have more time to mine themselves out, are still rising and falling with BTC despite there being different numbers of coins in the world for each blockchain.

>> No.25820072
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25820072

>>25818714
>It's literally going to NY Attorney General in 4 days, it's over
price will go up when news is announced retard.

>>25819053
>female
>CEO
not even once

>>25819407
>Why is it tied to emotion and fear?
Welcome to all markets

>Positive news stories can make it go up like getting rid of Donald Blump and switching to Biden instead in the election coverage
buy the rumor, sell the news. also kys liberal nigger

>If BTC is decentralized and not really controlled by anyone, then why can the price be manipulated by news stories?
Maybe you should read the whitepaper to understand bitcoin better. Wait nevermind i just read your other posts in the thread and realize you are baiting.

>> No.25820225

>>25817331
Please stop being a nigger

>> No.25820316

>poor
>take 10k loan (have enough to pay ~250/month)
>invest all in ETH or BTC once (if) they dip low enough
>sell/buy to pay off loan in a couple months

why is this a shit idea?

>> No.25820372
File: 132 KB, 1479x864, bitcoin price prediction Jan 2021 cryptowatch.jpg [View same] [iqdb] [saucenao] [google]
25820372

>>25817234
Unironically this.

>> No.25820434

>>25820316
I did this but with 25k

>> No.25820467

>>25817980
Why so poor tho

>> No.25820507
File: 127 KB, 522x768, the-old-guitarist-artwork-photo-1.jpg [View same] [iqdb] [saucenao] [google]
25820507

BTC and cryptoC are simply bubbles. And what happens to every bubble? It pops and vanishes.

This board is nothing but losers trying to brag or demoralize other losers, to feel better about themselves (while continuing to be poor). It's sad!

>> No.25820527

>>25816689

>a small 2-3X

lmao

>> No.25820546

>>25820316
highiq idea. depending on your state and status, some countries give out interestfree credits bc corona for 2021. you might look for something like this, payback credit after year and pocket in the (hopefully +) gainz.

>> No.25820629

>>25816389
ah yes, because 2017 is basically the same as right now and nothing weird has happened since then so it's a good metric use and blindly assume history will repeat itself exactly. brb selling off

>> No.25820758

>>25819053
noone here thought she was gonna stick around, because noone here cares what the press says. even if you did, msm are much more bearish about BTC than they were about this woman, every article about it still has some "but it might all come crashing down, don't invest" caveat

>> No.25820829

>>25816616
This. We're at July 2017.

>> No.25820851

>>25816389
>2017
>oldfag
Nope

>> No.25820989

So to everyone who sold yesterday and bought back at 32-33k when are you selling again? I'm thinking to hold out till it hits 38.5k but I may cash out at 37.5k. Thoughts?

>> No.25821063
File: 17 KB, 277x338, picasso-weeping-woman-1937.jpg [View same] [iqdb] [saucenao] [google]
25821063

Nobody knows where BTC came from. Literally no one. Sure, everybody will just repeat something someone else dreamed up but nobody knows for sure. If you are a government, how do you nail a dissident if they don't commit any crimes? Just nail them for tax evasion on their cryptocurrency. There are Twitter accounts that are tracking how much cryptoC someone like Andrew Anglin, Weev, Stefan Molyneux, Richard Spencer, or Mike Enoch have. All of cryptoC could be a government CIA database tracking web for people and to trick you into not paying taxes so they can nail dissidents at any time. The whole purpose of crypto is that you feel you're anonymous, which incentivizes you to feel you shouldn't have to pay taxes on your crypto gains. None of you have paid taxes. None of you plan on paying taxes. You could all be nailed for tax evasion. John McAffee certainly fell into this category. He murdered one or two men in Belize and then started sailing around the world on his yacht to avoid the government. He nearly got caught several times until US government got him a couple months ago. He said he didn't have to pay taxes and he was accused of running a pyramid scheme selling cryptocurrency when he was getting paid by companies to promote specific cryptocurrencies. He will likely never see the light of day again. He will have to pay tons of money to the IRS or he will be thrown in a rape dungeon with niggers.

>> No.25821084

>>25816616
Based and oldpilled

>> No.25821127
File: 130 KB, 600x533, 1546411321349.png [View same] [iqdb] [saucenao] [google]
25821127

>>25817331

>> No.25821145

>>25816389
>The crash was exactly the same as today. Then a month full of -10% crashes until it entered a 3 year bearmarket.
>
>I wish this pump was geniune but everyone caught wind it was being pumped by fake cash. I knew from the first tipover yesterday that it was over.

Lmao "2017 old fag" you're as new and clueless as the Starbucks barista that just bought last week. Paper hands because you went through one crash and probably bought back in 3 days ago. Beyond that the 2017 crash was literally nothing like this, it was euphoria for 2 straight months and the first crash was immediately bought. Then a few days later the real crash occurred. There's another $2t coming and the people scaring you into selling are the same institutions loading up thousands of BTC and they're shaking you out because they know you're a bitch and they want cheapies. They have employees dedicated to studying human emotion and figuring out that perfect line on the chart to get your bitch ass to sell

>> No.25821348

>>25821145

>> No.25821379

>>25817271
Are you a nigger who doesn't understand perentages?

>> No.25821409

>>25821063
early signs of schizophrenia

>> No.25821488

>>25821409
Haha. I can assure you my mental state is quite excellent.

>> No.25821520

>>25821348
Agree.

>> No.25821557
File: 17 KB, 400x400, 1601438608426.jpg [View same] [iqdb] [saucenao] [google]
25821557

>>25821145
this

>> No.25821603
File: 180 KB, 1224x669, fuck-you-bobo.jpg [View same] [iqdb] [saucenao] [google]
25821603

>>25816389
fuck you bobo.
decentrader.com/charts/rhodl-ratio/

>> No.25821657
File: 15 KB, 450x302, bobo.jpg [View same] [iqdb] [saucenao] [google]
25821657

>>25821145
based and red pilled

>> No.25821659
File: 110 KB, 600x752, N-M0003-018-the-scream-oil-tempera-and-pastel-on-cardboard-x-cm-nasjonalgalleriet-oslo.jpg [View same] [iqdb] [saucenao] [google]
25821659

Cryptocurrency looks exactly like a pyramid scheme. Lots of NEETS are currently into cryptocurrency which is probably just a ponzi scheme in reality. They have little money so they are desperate and fall for the pyramid scheme. Human nature 101: People are more likely to accept something as true if they WANT it to be true. You uncritically accept religion's promise of an afterlife bc you want it. You accept the cryptocurrency "bridge to nowhere" being sold to you bc you WANT it to be true. You want to be get rich quick. Who doesn't? That is why the pyramid scheme works. But if something is too good to be true, 95% of the time, it is. That 10/10 supermodel that messages you on dating websites isn't really interested into. It's a Nigerian scammer catfishing you with a instawhore's pics. There is no free lunch. No one is looking to help you get rich quick. They are, however, looking to scam you and don't give a fuck if you are left holding the bags at the bottom of a pyramid scheme, where that shitcoin falls to 0 and you lost money after they cashed out.

>> No.25821664

>>25816389
lol you FUCKING FAGGOT gtfo of crypto you cunt

>> No.25821721

>>25817323
>KYS. Bitcoin was more popular and mainstream in 2017 than now.
this desu

>> No.25821780

>>25817416
BASED RED WEEK

>> No.25821978

>>25821603
thanks, nice charts

>> No.25821984

>>25817416
basado

>> No.25822009

>>25818338
I can vouch for this. In 2017 LTC was my coin and was doing really decently swing trading then one day sold at $120 waiting for a $100 entry that never came and it hit $420 a few days later. I don't like to trade much anymore lol

>> No.25822072

>>25821603
Shame that thread is ending. I'd give a small fee to the person who can find the flaw in that pic.
Can you guess them?

>> No.25822093

>>25821659
This is the fundamental truth behind it. And like with all pyramids, the negative information is being buried and suppressed, because the pyramid crumbles whenever new money stops flowing in.

>> No.25822104

>>25821145
Kekd and rekt

>> No.25822167

There's that indicator that measures HODL behaviors that have accurately predicted all the btc crashes, and it says we are barely halfway. It could accelerate the next few weeks though.

TA is psychological in nature but is more applicable in stocks, measuring HODL behaviors is the best metric.

>> No.25822190
File: 29 KB, 571x618, inoperable.png [View same] [iqdb] [saucenao] [google]
25822190

>>25817331

>> No.25822209

>>25822093
sounds like any market anon, or do you think tech stocks with their PE rating In the thousands are different? people speculate on the tech but also what the tech can be in tbe future, hence the valuations . When bitcoin reaches half of golds market cap today it’ll be over 250k a coin. People know that so they speculate

>> No.25822300
File: 111 KB, 584x800, 6a00d8341c556453ef00e54f51e11f8834-640wi.jpg [View same] [iqdb] [saucenao] [google]
25822300

People claim that lots of NEETs got rich of BTC. Ok, where are they? Where's the proof? Where are the Lamborghinis? The mansions? I see larping threads on /biz/ of people saying they made it but never any real proof. A grifter will NEVER tell you it's too late to get into BTC or that the ship has already sailed. They will however, keep dangling the promise of you getting rich in front of you, by posting fake threads about people getting rich or "making it" so that you will stay mired in the pyramid scheme. Really makes ya think...
>>25822093
Yep, pyramid schemes need new suckers to sustain it.

>> No.25822432

>>25817234
Based 4-year cycle hodler.

This dip is nothing, we're still on the uptrend, all FUD is just noise.

>> No.25822645

>>25821603
No evidence it MUST stay within those bands of even not exceed them in either direction. Sample size = 2.

This might be the crash but in 3 years we get an even bigger bull run. Basically this bull run came too early.

>> No.25822708

>>25817552
buy more monster stocks

>> No.25822714

>>25822300
top kek

>> No.25822719

>>25822300
you're in denial

imagine putting in 1 btc at 10k with 2x leverage 6 months ago, reinvesting profits back into your position on a periodic basis. it's not difficult or hard but you will turn your 10k into 100k

you're obvious not that intelligent so you will just keep denying it and stay poor

>> No.25822740

This rally will fail like all the others.

>> No.25822747
File: 335 KB, 1042x1200, 1608823210439.jpg [View same] [iqdb] [saucenao] [google]
25822747

>>25816389
2020 oldfag here and I think I speak for everyone when I say I'm gonna hodl until 0

>> No.25822809

>>25822740

This. It's always the same

>>25822747

Why though

>> No.25822852

>>25822645
the sample size is bigger
i think the yellow is just a normal logarithmic regression and the othe colors are percentages of that

>> No.25822959

>2017
>oldfag

>> No.25823002
File: 82 KB, 1430x1083, Capture.png [View same] [iqdb] [saucenao] [google]
25823002

I don't think this is the crash but it could be the big dip before the big crash. I will reduce my longs in the next push up and keep a watch for divergence and low volume because this would confirm weakness.

>> No.25823030

>>25822809
>why though
delusion

>> No.25823058
File: 8 KB, 256x264, 9c0613eb092d87ed612f6e196c3a30a9695c16cf3faf892433c04b37749aa1b8.gif [View same] [iqdb] [saucenao] [google]
25823058

>>25822719
>You're in denial.
t. guy gambling on internet coins thinking he's gonna get rich and buy a Lambo'.
Lol. You are the one in denial of this pyramid scheme bc you want it to be true.
If it's so easy then why are you so poor?

>> No.25823082

Also 2017 oldfag here. I dont See any resemblance with 2017. To me (toll now) this looks like a normal retrace of around 30% during a bullrun. Time will tell

>> No.25823220

>>25822072
explain?

>> No.25823437
File: 5 KB, 259x194, You are here.png [View same] [iqdb] [saucenao] [google]
25823437

>the magic whales are going to put in 250 Billion dollars this week guys trust me.

>> No.25823562

>>25816389
this thread is actually a peak Denial after blow off top combined after Tether interview and exchanges already shutting down (kraken 33K price 4 hours ago just pulled the plug).

I'm screenshotting it so i can have access to warosu.

Historical stuff

>> No.25823620
File: 144 KB, 1080x1027, DCF4C7F7-1DC7-4D70-A597-A17363F866D1.jpg [View same] [iqdb] [saucenao] [google]
25823620

>>25823562

>> No.25823745

>>25817315
>I can do another 3 years no sweat
This. I dont want to wait for another 3-4 but never expected this to br the make it run.

>> No.25823855

>>25821488
That’s exactly what a schizophrenic would say. They believe they’re delusions are reality.

>> No.25823870

>>25823745
Pour one out for all the link holders that were too greedy to make it this cycle and now have to wait for 2024.

>> No.25823924

>>25817271
topkek

>> No.25823990

>>25816389
/biz/, newfag here. I just got into crypto and I'm trying to understand where I should put my investments. Sure thing btc and eth is non-tradable for me now
i know enough not to participate into alts but I'm just not sure about new platforms and pools with NFT

Came across Poolz shilling on Twitter, seems interesting but wanna know your opinion, is it good?
what should I do?

>> No.25824084

>>25817271
Holy the absolute state of retards on this board. I feel like we've been invaded by normies frens. Laugh at this dumb retard please.

>> No.25824115

>>25816389
the charts dont back your claim up at all though mate.... you can see this happened around 9 times in 2017 and it carried on and went higher after each time.

>> No.25824647

>>25819053
>dad was the VP at Enron
you can't make this shit up

>> No.25824804

>>25824647
Based and lol'ed
Thanks for the laugh anon

>> No.25824830

>>25823990
just buy link and graph theyre the only good coins that havent completely mooned already

>> No.25824891

>>25823437
They are, the magic whales are tether though, and those $250b USDT are worth approximately $0 USD

>> No.25825008

>>25822072
the chart fits the data, not the other way around

give me bsv

>> No.25825140

>>25819053
They rugged her cause her horseface wasn't pretty enough to be the female representative Steve Jobs

>> No.25825289

>>25816389

>2017 oldfag

>> No.25825334
File: 67 KB, 764x759, 2072b48c-496a-49e7-80ff-9025fc760998.png [View same] [iqdb] [saucenao] [google]
25825334

>>25816389
>oldfag

>> No.25825351

>>25825289
Kek this
3 years in the market is nothing

>> No.25825478

>>25821063
>None of you have paid taxes
Jokes on you, i claimed -18k in losses

>> No.25825558

>>25820989
Not gonna see those prices this week anon

>> No.25825562

>>25816616
This. We got newfags larping as oldtimers all over the board predicting the end of the bull market.

>> No.25825572

>>25821145
>you're as new and clueless as the Starbucks barista that just bought last week
stop doxxing me, janny

>> No.25825778
File: 1.82 MB, 395x272, goat ice slide.gif [View same] [iqdb] [saucenao] [google]
25825778

>>25819736
Hold on there, biz maths wise $?? can be calculated:
2012 the increase (6 to 1100) is 183x
2016 the increase (600 to 17000) is 28.33x (15.48% of 183x)
2020 the increase will be .1548 * 28.33 = 4.385x
Therefore 10,000 will do 4.385x = 43.850.
Current ATH is not that far off. Conclusion: Pee pee poo poo

>> No.25825801

>>25823990
you shouldnt trust lightshot https://prnt.sc/wkybqm

>> No.25825904

>>25822167
Sauce on metric?

>> No.25825970
File: 27 KB, 739x415, images.jpg [View same] [iqdb] [saucenao] [google]
25825970

We unironically got too cocky. I'll see you all in three years

>> No.25826031

>>25816829
It took the government 8 months to give out $600, you're delusional if you think Ubi is coming anytime soon

>> No.25826297

>>25822300
A 5x return over three months is pretty good though. Hope you all cashed out over 40k, see you next time.

>> No.25826433

Yeah? Post your short then faggot

>> No.25826753

>>25819053
Ok boomer

>> No.25826782

Market test was a success. GBR is confirmed Nov 2023.

>> No.25827027

>>25825778
nah bro, we going to 100000gazzilions

>> No.25827252

>>25817331
this pic is hot

>> No.25827336

When altseason ?

>> No.25827685

>>25827336
it happened already anon
Didn't you sell?

>> No.25827820

>>25826031
in 2030...youll own nothing

>> No.25827919

>>25827820

and you'll be happy

>> No.25827944

>>25827336
this and next week

>> No.25828384

>>25827944

lol altseason. this is the time where people get out of their shitcoins and realize how fucking ridiculously overpriced they are