[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 8 KB, 246x250, 1569356146172.jpg [View same] [iqdb] [saucenao] [google]
29300201 No.29300201 [Reply] [Original]

lmao week after week and btc supply on exchanges keep going down, the entire generation that got fucked in 2008 and thrown into the you will own nothing shit is angry and not selling one fucking satoshi.

1 BTC = The Assets they stole to milennials in 2008.

So giving they should be owning a house and a car by now i guess no one will sell until 400k usd.

Central banks fucked up, even at 57k there is zero selling pressure.
I will not be suprise if we reach 300k and there is still zero selling pressure, this shit is hilarious.

>> No.29300847

Unironically tho. Why is it a guarantee that the bull market will end? How about steady growth? Is bobo inevitable given the fact that in 2021 we have more knowledge of investments and crypto has actual uses now?

>> No.29300945

>>29300847
>Why is it a guarantee that the bull market will end?

This exact statement was said in 2013 and 2017/2018. This is reaching the delusional/new paradigm stage of the bubble

Of other things, the Tether lawsuit can crash BTC as well as governmental regulations.

I fear we are very close to the end of this run since these "BULLRUN WILL NEVER END!" statements are becoming more and more common.

>> No.29300948

>>29300847
idk i don't think this bull market will end because the end is synchronized with velocity of money returning , just look at commodities going up as fiat inflates.

The big event scaring the market won't be like in 2017 the network getting full and fees rising , people would be willing to pay 500 usd fees if it means avoiding being in fiat or banks.
The big scare will be central banks around 2023 scaring with CBDCs as their currencies collapse.

>> No.29301118

>>29300945
But nobody wants to fucking sell this time, in 2017 this place was full of threads of "how can i cash out" for months.

Now nobody wants to even cash out most people would move to dai or tether to avoid finance jannies making trouble.
Also fiat is seriously inflating this time.

>> No.29301145

>>29300948
I'm not really sure about that, but I'll stick to the rainbow chart. Until this time it always worked well.

>> No.29301268

>>29301145
The rainbow charts and even the halving charts done in 2019 are no longer fit for the task.

Notice we are actually frontrunning them, that's because they are not taking into account hat 50% of dollars were created in 2020(and still rising in 2021) and it's worse for other currencies.

Basically you need to add at least 60% to their targets at minimum if you aimed at 100k then aim at 160k.

>> No.29301356

>>29301118
>people would move to dai or tether to avoid finance jannies making trouble.

This is the big issue. Tether has a serious possibility of being blown up by the current lawsuit against it. If this happens, people will probably try to cash out via fiat as it will damage trust in ALL stablecoins.

If this piece falls, so do the rest due to the ensuing panic.

Frankly, I hope it happens sooner rather than later as I would like to start investing in discounted crypto.

>> No.29301376

>>29300945
Like that's the thing man... I don't know if things will be different this time but I sure hope crypto is not going to crash again. Also, what's the best thing to do in a bearmarket? Accumulate good projects and wait it out?

>> No.29301411
File: 1.88 MB, 864x420, dancingpepe.gif [View same] [iqdb] [saucenao] [google]
29301411

>>29301145
Also the market has balls of steels this time now that i think about , retail investors enjoyed literally 50% collapses in price this time and everyone actually laughs when the price collapse and post pink wojaks , while in 2017 it was unironic pink wojaking.

When the price collapsed to 4k in march last year everyone was trolling, when the price collapsed 6k in 2017 people were literally comitting suicide to the point that all crypto forums had the suicide line phones stickied.

Also the non retail investors this time are not exchanges, but institutions and big companies forced to buy and sell otc that have long term goals.

I honestly think 100k is a massive fud this time around.
Even fucking retail is not selling at 57k a fucking satoshi.

>> No.29301512
File: 89 KB, 900x900, 1613866438541.jpg [View same] [iqdb] [saucenao] [google]
29301512

>>29301356
Tether has no reason to fall, people that are affraid of tether don't understand banking, tether could be backed on bitcoin or ethereum and still have a parity to the usd.

That's what banks did for most of the history until fractional reserve system, they basically larped they had the money and worked to obtain the liquidity when needed.

Also DAI is even more descentralized so not really affraid.

BTW why the fuck do we even need stablecoins?BTC & Monero have lower inflation than fiat currencies.

>> No.29301580

any charts to back this up? how scarce are bitcoins right now?

>> No.29301632

>>29300945
How many companies were converting their balance sheets to Bitcoin? How many Bitcoin ETFs existed? How much money was fucking GRAYSCALE putting into BTC? “Muh institutional money coming in” was hopium in 2017, it is FACT now.
It is unironically, undoubtedly and irrefutably different this time.

>> No.29301649

>>29301118
>But nobody wants to fucking sell this time
>>29301411
>everyone actually laughs when the price collapse and post pink wojaks
All you need it btc to drop more than 5% and you'll see if the pink wojaks are ironic

>> No.29301732

>>29300945
It won't end though, Bitcoin is going up because the game of musical chairs is over, but the music hasn't stopped yet. Once the music stops (money printing) everything comes crashing down including Bitcoin. They are just delaying the inevitable at this point.

>> No.29301811

>>29301649
>All you need it btc to drop more than 5% and you'll see if the pink wojaks are ironic

They were ironic last march, it was hillarious here i never had so much fun losing money.

>> No.29301819

>>29301512
The Tether issue is gigantic, it is not something which can be dismissed.

From a pertinent article on Crypto breakdown:

>"The problem arises when people begin to question if Tether can really be redeemed at a 1:1 ratio. If the documents obtained by the NY AG show that Tether only has half of the reserves they claim, the real value of Tether would be 50 cents. This would mean anyone holding Tether ( at 21 billion mcap there are ALOT of people holding Tether) the value of their coins would immediately be cut in half. This would cause a major panic and a flood of people out of Tether (likely dropping the price and breaking the 1 dollar peg) and into other cryptocurrencies and/or other stablecoins."

>"The make things even more confusing a lot of people borrow Tether when they deposit funds as collateral. If I deposit $10,000 dollars of LINK into Aave and then withdraw $1,000 dollars of Tether, and while I have my loan out the price of Tether tanks because of the lawsuit, would Aave even want the Tether back? Would they double the amount of Tether requested back if the price went to 50 cents? Most likely not but who really knows? The incident would be unprecedented."

As you can see, if Tether really goes down, this will cause an immense blow to the entire crypto world. It could be even worse than the last crash.

>> No.29301852

>>29301649
I can wholeheartedly and irrefutably vouch that every pink wojak I’ve ever posted in the last few months have been ironic

>> No.29301859

>>29301819
nice try kike

>> No.29301927

>>29301580
1.5M coins in exchange and 95% of them are from their clients because every time the ammount goes below 1.5M we see massive price movements upwards.

As for scarce 800 are created per day so 292k coins created per year and 1.2 millions disappeared from exchanges last year.

>>29301632
That's my point even retail is not selling and institutions are buying hardcore and as inflation rises more capital will try to flee.

>> No.29301993

>>29301819
When people let centralized trash in the door it can potentially fuck up all of crypto? Shocking.

You paying attention bnbrainlets?

>> No.29302015

>>29301732
They truly will need to reduce taxes and state spending this time to get out of this, they can't escape this one with money printing.

>> No.29302025

>>29301632
This won't stop a crash. Not to mention there still aren't enough institutional investors in yet...it's the very beginning for institutional investment (for example, key companies like BlackRock still did not invest anything significant). I imagine in the next cycle we will see heavy involvement.

>>29301732
Indeed. Fall this year America will notice a huge correction in the market as soon as it's clear no more stimulus is coming and people start getting evicted I fear.

>> No.29302141

>>29301356
Or everyone will buy BTC sending the price past mars

>> No.29302212

>>29300945
I honestly believe BTC price will never ever go down below and will only rise. I'm a coward when it comes to money and even I think that the bull run will never end

>> No.29302218

>>29302025
>Indeed. Fall this year America will notice a huge correction in the market as soon as it's clear no more stimulus is coming and people start getting evicted I fear.

There won't be such a thing, the usa and europe is now in control of keynsians that have been for 3 generations academia faggots with no contact to the real world, they will keep delaying evictions and keep doing money printing.

They will also keep saying inflation does not exist while everything goes higher and quality of life goes lower.

Trump actually managed to rise velocity of money and reduce taxes at the same time contrary to keynsian theory.
This keynsian retards have increased spending and velocity of money actually is going down fast contrary to what their theory says would happen.

When you realize that most of the world is under control of people with the wrong economic theory then 300k btc does not seem so insane.

I known it's clown world levels but well.......just look at the usa energy systems collapsing around to were keystone was supposing to be before they cancelled it we truly are in clown world now.

>> No.29302309
File: 18 KB, 249x220, youtubee.jpg [View same] [iqdb] [saucenao] [google]
29302309

>>29300945

>> No.29302360

>>29300945
>I fear we are very close to the end of this run since these "BULLRUN WILL NEVER END!" statements are becoming more and more common.
Then stop being so emotional and look at the facts. Anyone who uses random comments by autistic biztards to determine market sentiment rather than normies has already failed.

>> No.29302364

>>29302212
I really can't tell if you guys are either joking, bears who try reverse psychology, actually retarded or newfags.

>> No.29302383

>>29300201
based retards buy my overpriced bags

>> No.29302420

>>29301852
why believe u now if u were joking then?

>> No.29302441

>>29302212
I advise you to think very carefully about what you just said, considering the history and general volatility of crypto. It could be that you are right, but I really think you are not (at least not for this bull cycle). Will the floor be higher than last time though? Probably.

>>29302141
That is doubtful IMO, as people are investing in Tether so they do not encounter the high volatility that BTC suffers from. Most likely they will convert money into fiat at that point so they can invest in more stable assets.

>> No.29302451

>>29301411
The memes have made the rounds. People always think they are part of a small elite of thinks who happened to consume just the right amount of podcasts, Twitter posts and YouTube videos to really “get” the value of Bitcoin.

In reality the same algo that fed you that content is feeding others at an exponential rate.

What is the memeplex of this bull run?

Hold, digital gold, savings. Diamond hands, long ter, buy the dips.

What was the memeplex in 2017?

This will implode any second.
This
Time
Is
Actually
Not
The same
As before
Before = after
Is a fundamental law of nature like Momentum and conservation of energy.

Problem is you don’t know when you are in before time and when you crossed to after

>> No.29302453

>>29300847
>Why is it a guarantee that the bull market will end?
bull markets always end, of you want to know the future, look at the past

>> No.29302553

>>29302364
its all 3 eurotrash

>> No.29302564
File: 160 KB, 2045x1046, btc2.png [View same] [iqdb] [saucenao] [google]
29302564

buy pressure is declining but it's still going up because like OP said no one is selling. look at the sentiment on this board.
elon bought the last dip to 29k when the old whales tried to mark it down. and then retail bought the news instead of buying the rumor.
i still think the volatility will be to the downside in the future.. once daily volume crabs ~700M daily. maybe whale games again. can't really believe any institutions coming in to spike it up to the stratosphere

>> No.29302624

>>29302451
To be fair some memes like the hold and digital world were the system reaction to the hash wars and the digital gold argument proved right even fucking boomers are using btc to move money around borders now.

BTW in 2017 the reality surpassed all predictions even contets in 2016 doing predictions had as highest levels 9k or shit like that.

Judging 2017 by the memes of november-december 2017 is completely retarded.

Also 2017 is when institutions discovered bitcoin before they laughed at it , they discovered and moved the price far too much and fast and not because they got it but because they wanted to crush it.

>> No.29302686

>>29301376
>but I sure hope crypto is not going to crash again.
Everyone is making millions on everything. Don't forget it's a zero sum game. Only a tiny fraction of people is going to be able to actually cash out at a profit.
$1 goes into btc -> market cap goes up by $30
Then someone with btc buys a random shitcoin -> for $1 in btc its cap goes up by $30
This is a total leverage of 900x.
The farther away a coin is from direct cash buys the higher its effective leverage. Btc and eth have lowest. Tokens on bsc bought with bnb have highest, because they have lp pairs with bnb, and bnb is mostly a second order coin. Meaning eg. CAKE has an effective leverage of >10k times.

Then there's the fact that usdt is backed by btc and dai is backed (mostly) with eth. So anything bought with usdt or dai is already a second order buy.

Crypto market is tiny in reality. Maybe $30B went into it during the last 365 days and that's a stretch.

This is the time to slowly start cashing out into usdc. At least cash out your initial.

>> No.29302690

Institutions will sell causing retail investors to panic sell causing another 2018 style crash

>> No.29302695

>>29302451
What is the memeplex of this bull run? Hold, digital gold, savings. Diamond hands, long ter, buy the dips.
this is the memeplex of bitcoin. always has been.
>What was the memeplex in 2017? This will implode any second.
this is the memeplex on this board for the past month. what are you on?

>> No.29302715

>>29302360
I am not referring only to /biz/. It is all over the news and social media. We are past simple greed at this point IMO.

>>29302218
Well, this really depends if they continue on with unlimited stimulus packages. I think that the US will not allow this past autumn (when all measures are currently set to expire) due to Republican pressure.

>> No.29302760

>>29302564
Buyers don't really need to come if fiat goes to hell and commodities keep going up.
There will be so much chimpouts late 2021 demanding increasing wages that inflation will keep going up.

Probably not in the usa but 100% in europe, latin america, india and other places.

At some point wages won't be enough to buy food and people will chimp out, people forget that in 2008 there was massive brrrrrrr but commodities were stable and even went down.

This time you have commodities going up 50% while wages inflate, it's a recipe for revolutions.

>> No.29302774

>>29300201
unironically I see almost everything 200% in 15 days and no dip at all.

>> No.29302791

>>29302690
And I think this will be triggered by either the Tether situation or governmental regulations.

Can't say when it'll happen though.

>> No.29302982

>>29302686
it's not a zero sum game when you have the lowest inflation in the world, since relative to other currencies or assets everyone is winning.

>>29302690
Why would institutions sell with inflaton rising?

>>29302715
>Well, this really depends if they continue on with unlimited stimulus packages. I think that the US will not allow this past autumn (when all measures are currently set to expire) due to Republican pressure.

Right but food will have inflation due to commodities price as soon as velocity of money and when chimpouts starts due to wages and gibs not being enough you are back at the gibs game.

It's keynsianism death loop, the only solution is to reduce spending and taxes so velocity of money starts to rise but no politician wants to do that.

>> No.29303152

>>29302690
simple as. the majority of the experts and trolls currently on this board will get their comeuppance and all people who missed out but believe in the bitcoin vision will have one last chance to make it during the next bear market.

>> No.29303209

>>29302025
Of course it won’t stop a crash, I just don’t think that crash is anywhere close, nor do I think we will see a 90% retrace ever again for BTC.

>> No.29303335

>>29303209
>nor do I think we will see a 90% retrace ever again for BTC.

This is what kinds of shocks me when i think about it, if we would expect a retarce it would be around november this year, but that's when velocity of money should be returning and so is inflation, there will be massive momentum upwards when there is a possible retrace.

If the cycle is extended the retrace will probably be 400 days before the next halving which will kind of invalidate it.

>> No.29303428

>>29301356
>I would like to start investing in discounted crypto.
This is why it will never crash. Too many people are thinking this way.

>> No.29303714
File: 184 KB, 720x426, 20210221_135435.jpg [View same] [iqdb] [saucenao] [google]
29303714

>>29303428
See pic related, the only people who will buy low are people who have been through a whole cycle now, normies will be gone in an instant when the crash comes.

>> No.29303819

>>29302760
>>29302982
and if you get inflation then interest rates have to go up for a stronger dollar and to cut off cheap money.
inflation (ex. PPI, commodities) is already here;
a lot of the pundits I see are predicting that the fed will not do anything until next year, so that lines up with your predicted timeline.
if the fed keeps raising interest rates every quarter then 2022 is probably a bear market.

>> No.29303910

>>29303714
Wise post

>> No.29303928

>>29303714
There isn't going to be another cycle. After this market-wide crash society is going to be restructured from the ground-up. Traditional markets will most likely be a thing of the past.

>> No.29303968

>>29303714
and low buyers will include more true believers that only serve to strengthen btc and increase its resilience

>> No.29304113

>>29303428
ALL people are thinking this way.
Imagine BTC at 15K right now, it wouldn't last a millisecond after all the shit that's happened in the last 1-2 months.
I'm really fucking torn tho, i have more than 100K cash on the sidelines, 400K in crypto which is mostly fucking profit and i really don't know what the fuck to do. Just ape in at 57K? Buy more LTC in hopes of it entering it's long awaited cycle? Chase shitty moonshots on bsc? Stake and risk my whole stack on some shitty defi scheme?
Fuck..

>>29303714
Yeah i dont think so fren, normies have been exposed already and anyway now we have big boy institutions and big money eyeing it, they can pull up a fucking chart and see what it's all about.

>> No.29304189

bitcoin will crash along with the stock market probably, the stock market is somewhat inflated too now and when the correction starts there, it will spread to crypto

>> No.29304210

>>29303819
You are correct if interest rates go up then we will see a bear market, the thing is that we are in a clown world now, for keynsians interest rates must go lower or civilization collapses despite the fact that velocity of money increased in the trump years were rates went higher.

So don't be suprised if we see negative interest rates and the abolition of cash, it's clown world after all.

>> No.29304295
File: 448 KB, 2800x1468, flip.png [View same] [iqdb] [saucenao] [google]
29304295

How the fuck is it not happening?
Bitcoin was already a dinosaur technology back in 2017. And now it's even more true with technologies like Cardano or Polkadot but the domination has never been that high.
This market is so irrational.

>> No.29304327

>>29302025
We've been deep in the no stimulus/eviction thing for awhile.

>> No.29304328

>>29304295
>what is liquidity
>what is network effect

>> No.29304425

>>29301268
big brain... I didn't know there were any left on this shit board

>> No.29304582

>>29300201
Dollar = toilet paper

>> No.29304841

>>29304328
Monopoly-man-kun, where do I start? I've been NEETing with lottery for years living off real estate. I'm afraid to lose my monies and have to wageslave, please point me.

>> No.29304848

>>29300945
>This is reaching the delusional/new paradigm stage of the bubble
It's only delusion if a paradigm does not actually shift.

>> No.29304864

>>29304425
There is quite a few smart anons here behind the shitposts.
Biz is honestly one of the smartest boards if not the smartest, but it has too much adhd.

>> No.29304891

Boomers owe me a house
I'm not fucking selling

>> No.29305063

bitcoin is shit technology and completely inefficient, what a huge waste of electricity
just use a database lmao retards
cant wait for it to go to zero

>> No.29305191

>>29304113
>It's different this time
I am sorry fren, but you must be new. I feel bad for what is going to happen to you in a few months.

>> No.29305382

>>29300201
i wouldnt sell a single satoshi to jesus christ himeself

>> No.29305480

>>29300201
probably a dumb question but i figured i’ll shoot anyways, since the last 2 times BTC crashed it bottomed out around $3k, now i personally don’t think that it’ll bottom out around there again, but of course during the next bear market, i feel as if we may bottom out near 10k-20k? does this sound right? just looking for other opinions

>> No.29305499

>>29300945
It’s different this time.

>> No.29305691

>>29305499
just stop

>> No.29305695

>>29304113
go larp up ur moms ass

>> No.29305709
File: 92 KB, 1000x1000, 1597292398651.jpg [View same] [iqdb] [saucenao] [google]
29305709

>>29301811
>it was hillarious here i never had so much fun losing money.
this

>> No.29305845

>>29304295
Bitcoin is valuable for two reasons
1. It functions adequately as a deflationary currency
2. It was first, making it a good Schelling point
The second factor cannot be changed. The first can be, but not by inventing something that works better, only by making Bitcoin not work. Until Bitcoin actually breaks, it's gold, no matter how poorly it functions in relative terms.

>> No.29305932

>>29303928
You are drinking a little too much kool aid. Most normies (like 75%+) think Crytpo is just some nerdy casino on the internet still. They see banks buying thinking that the banks will just swing trade, make a few bucks, then bounce. The world isn’t going to rebuild itself around Bitcoin, you’re being too autistic about its application

>> No.29306106

>>29300201
>there is zero selling pressure
Why would anyone with a functioning brain sell under 100k usd
Literal brainlet post
This isn't the time to be selling. BTC is undervalued. The "pump" is just a correction.

>> No.29306107

>>29305932
Not around bitcoin for sure, but I think it's a safe bet that a significant portion of finance could revolve around some public blockchain.

>> No.29306346

I have 1 btc at the moment

Also have cash to buy 1 BTC but I’m waiting for a crash in the hopes I can get another 5-10 with they cash.

Am I copeing?

>> No.29306555

>>29304295
The problem with incels like you is that you can only think in terms of mathematical equations e.g. if I have X USD then Y number of women will want to marry me
Real life does not work on variables and technological bullshit, most of the value in real life is actual confidence and networking, networking and confidence as well as charisma define Bitcoin, it oozes bullishness and its highly liquid and the people that are into Bitcoin are highly vocal. Nobody outside of extreme crypto niches gives a fuck about Polkadot, Ripple, Pancake, Uniswap or even Ethereum, Bitcoin *is* Cryptocurrency and it will most likely hold this standing for decades to come. Everything else is utility, Bitcoin is literal pure unadulterated value and the higher it climbs the more valuable it becomes in the eyes of everyone else.

>> No.29306667

>>29306346
100% cope. A crash is inevitable but the crash will come at 100k down to 85k and at that point you missed 30k in gains

>> No.29306752

>>29303928
Kek

>> No.29306790

>>29305191
negro please, the richest fuck on earth is buying 1.5bil worth of btc while tweeting it and mining fucking dogecoin. Go buy some ethpyramid if you think this is 2017.
saying "this time is the same as last" is just as if not more retarded as "this time is different". I'm not saying a crash isn't coming, but the crash could be from 100k to 70k so there's fucking that.
>>29305695
>larping 500K after all that's happening
sorry fren, you'll never be a real woman

>> No.29306918

>>29300847
Everybody expects a return of the bear but that's why I suspect it may be a long way out. Plus with stimulus pumps we are in a position that has no real comparison. What other bullrun was accompanied by rampant money printing and endless gibs from govs around the globe?

>> No.29307449
File: 299 KB, 1524x1010, 57CA326E-A25E-4DB2-8814-F4BA18814954.jpg [View same] [iqdb] [saucenao] [google]
29307449

>>29306918
>What other bullrun was accompanied by rampant money printing and endless gibs from govs around the globe?
this is a big factor for why this time is different

>> No.29307681

>>29300847
breadcrumb: the evidences are piling for an impending supercycle, kek
ps: you're welcome

>> No.29307772

>>29306555
Holy checked. But yes, this is correct.


>>29307449
Also this.

>> No.29307941

>>29301268
this
160k is the reference for the absolute minimum top as of today
but it keeps increasing, day after day, kek

>> No.29308063

>>29300847
It isn't but the sad part is that BTC is staying the same while fiat is massively bleeding value.

>> No.29308174

>>29302451
>blah
... for my cringe collection, kek

>> No.29308497

>>29307772
Close to quads here. Thank you for the vote of confidence.

>> No.29308591

>>29308063
No. Bitcoin is outgrowing inflation 3 fold. I know we like to meme here but even under the most inflationary methodology USD and EUR inflation are "only" 50-70% in 2020 and generally speaking 10-20% a year for a 5 year period.

>> No.29308839

millennials lost all trust in western institutions and governments, we want decentralization and local power, technology willl give us it. especially men, more and more of us are waking up to scam of taxes and how it creates a feminist society that hates us.

>> No.29309130

>>29308839
The only ones that are truly against you are the rich who exploited noggers, Irish people and women for centuries and who now use them as human meat shields to implement draconic neofeudalist bullshit societies. Our enemies arent women who want to be treated as equals, not in respect to their bodily capabilities, but in human respects, e.g they do not want to be seen as objects but as humans. The fact that rich elites exploit these very legitimate desires for equality and egality is the problem, not the desires themselves. Democracy is good, shoving it down someone's throat is dictatorship.

>> No.29309368

>>29309130
we call them jews here, anon.

>> No.29309388

NOT SELLING MY BITCOINS FOR FAKE FIAT CURRENCY.

>> No.29309792

>>29309368
While I acknowledge the fact that the banking sector is stacked with Jews in an unusually high density, which is obviously always suspicious, I am opposed to these simplistic generalisations. Nepotism and familial relations as well just a general propensity for greed is key in such closely knit echelons of power and while (some) Jews are certainly extremely influential and powerful, their Jewishness is not the key, it's the sociopathy and the fractured system itself that enables people to completely detach themselves from the harm that they cause and the banks are filled with these types of people. Christians, Muslims, Jews, Bhuddists and Hindus, they would all sell out (and do so) their fellow countrymen and ethnic "brothers".

>> No.29310445
File: 350 KB, 368x450, 1591108934185.gif [View same] [iqdb] [saucenao] [google]
29310445

>>29300201
>even at 57k there is zero selling pressure.
>it literally dipped to 54k yesterday

>> No.29311101

>>29309792
you're speaking from emotion here
you need to look at the facts
the overrepresentation of ashkenazi jews in spheres of power is statistically significant
same with their propension for pedophilia or scatology
ashkenazi jews have a documented rate of mental illnesses ~400% above the norm. which includes sociopathy if you want to spin it that way, but at the end of the day, does this matter? jews mean bad news
they have a genetic bend towards evil much like nignogs have a genetic bend towards violence
you're also confusing genetics and culture. the religious jew is hardly ever the important one, if anything he's the meatshield. it's the askhenazi jew who mostly doesn't follow religion who thrives in spheres of power. other religions are much more varied in ethnicities, ergo a comparison cannot be made (and ultimately, we have historical data that no, neither christians nor muslims nor bhuddists nor hindus sell their fellow countrymen and ethnic brothers at the same rate jewish people do, when given the opportunity to do so)
jews are unique in considering themselves outsiders anywhere outside israel, and in favoring their jewish ingroup exclusively

>> No.29311225

>>29309792
>it's "the fractured system"
lmao no. j's have lended credit and keep themselves separate for 1000 years. they never assimilate, they are a nation within a nation, and, according to haaretz, 95% of them support their real national homeland in the middle east.
you are a sucker.
and there is no "system." just people.
"the government" didn't say slavery was ok... people did.

>> No.29312089

>>29309130
>democracy is good
ngmi

>> No.29313259

>>29303714
i bought the bottom a little before the corona dump. i didnt sell the corona dump, and im not selling this correction( i mean, ill sell 50% and buy the bottom again)
going through a cycle is not a requirement, but normans sure will spook easily

>> No.29313948

>>29300201
I bought in at 55k, should I just hold through this crash or sell now and buy low?

>> No.29314736

>>29306918
>What other bullrun was accompanied by [a brewing monetary crisis caused by rampant mismanagement of monetary policy and growing disillusionment with the institutions responsible for it, making the rise of a generalized willingness for the average person to adopt a new and decentralized monetary paradigm more and more likely with every passing day of brrrr]
I have genuinely been looking for a bobo who can articulate some reason why these meta-factors either aren't significant or won't turn people toward crypto. All I find are rote repetitions of "IT GO UP, MUST GO BACK DOWN, CHART SAY MANIA" with no actual rhyme or reason, or professionals from traditional finance who don't take the question seriously enough to actually come up with a reason to explain their absolute belief that nothing is about to meaningfully change at all.

>> No.29315324

>>29302141
The initial push to 1k happened when Greece's economy was collapsing due to austerity and its people tried to hedge their retirements into btc so they wouldn't tank. If money printer actually catches up with America imagine the results of a similar fomo/hedge, especially now that btc is already out of the bottle