/biz/ - Business & Finance

[SELL No.29716007]

do it NOW

[Anonymous No.29716094]

These people really dont get what is coming, sell now.

[Anonymous No.29716132]

hi guys show nose

[Anonymous No.29716142]

>>29716007
>>29716094
t. f2pool chinks

[Anonymous No.29716175]

>>29716094
What is coming is another 8-10 months of bull run just based on the math and history of the whole thing.

[Anonymous No.29716235]

>>29716007
>>29716094
show nose

[Anonymous No.29716237]

>>29716007
mmmm just bought

[Anonymous No.29716287]

>>29716007
Never kike

[Anonymous No.29716342]

thanks just bought another 350,000 satioshis

[Anonymous No.29716349]

>>29716175
>History
nigga the united states fucking treasury market had a flash crash from a bad auction today
Do you have any idea of what that means?

[Anonymous No.29716355]

>>29716007
sorry mate waiting for a sign

[Anonymous No.29716445]

>>29716094
>>29716132
>>29716142
>>29716175
>>29716235
>>29716237
>>29716287
>>29716342
>>29716349
>>29716355


WARNING!! The OP here is not the same OP as this thread: >>29704527

You should definitely have sold back then (it was over 48k), now, maybe... who knows.

[Anonymous No.29716456]

>>29716094
Congress is using the riot as an excuse to regulate crypto until only billionaires can exchange it for USD practically.
They discussed this TODAY, but the retards here never notice anything except FOMO

[Anonymous No.29716656]

BUY LO
SELL NO

[Anonymous No.29716723]

>>29716445
so sell at 50k next time and re buy at 46k

[Anonymous No.29716765]

>>29716456
What's coming (what >>29716094 is referring to) is the total failure of BTC because it's absolutely fucked now with the UTXO being broken and SegWit stuck in an infinite loop generating infinite forks.

See:

>>29594637

>>29596818

>>29634852

>>29636521

[Anonymous No.29716774]

now is the time to buy, faggot

[Anonymous No.29716826]

>>29716349
If I'm being honest, I'm going to admit I probably don't have a truly complete understanding of what that means, since as someone pointed out above, crypto has sort of always been in "it's own little thing" with regards to the whole economy, and I'm still adjusting somewhat to that fact potentially starting to change. By all means, please tell me more about what you think this means and what is going to happen from it.

[Anonymous No.29716848]

>>29716765
The fucking treasury market broke today and this faggot is talking about segwit jesus christ

[Anonymous No.29716932]

>>29716848
Yes, because that'is actually important when it comes to BTC, the treasury is irrelevant in comparison.

[Anonymous No.29716985]

>>29716826
>>29716349
>as someone pointed out above, crypto has sort of always been in "it's own little thing" with regards to the whole economy
Actually that may have been in another thread. Anyway, by all means tell me what you think is gonna happen. I come at the market more from a tech nerd point of view and don't have a strong background in finance or the broader economy (though I prob know way more about it than an average person from doing this for so long......maybe?)

[Anonymous No.29717028]

But then, you're a (((christcuck))) so you have your head up your ass, so you're likely incapable of understanding the magnitude of the effects of the BTC problems that occurred on Wednesday, February 24th.

[Anonymous No.29717084]

>>29716007

[Anonymous No.29717251]

w-what am I supposed to do?

[Anonymous No.29717344]

>>29717251
The opposite of what /biz/ says, obviously.

[Anonymous No.29717486]

>>29716826
>>29716985

Crypto (bitcoin because that's 95% of the market realistically since all defi altcoins are just ways to long/short btc/eth) isn't "in its own little thing" and is a direct result of institutional traders looking for short treasury volatility trades. BTC is the best one because as more money goes in, new baskets can't be created like they can if you sell treasury puts. So the price rises everytime its succesful and then momentum jumps ontop of that. BTC broke out literally 1 moth after 1 month high IV treasury puts were written and then expired without seeing close to the expected level of vol.

For an understanding google "XIV trade" or "XIV Blowup" its the exact same trade except it isn't 1:1 derivatives and has positive reflexivity instead of the negative reflexivity of XIV. XIV worked for a long time, so more money went into it, which caused more equity puts to be offered which decreased the expected return of the strategy. With BTC you have money going in because BTC is essentially the most aggressive bet you can make that treasuries will never adjust to market value. This is measured by Treasury vol, AKA the MOVE index. The breakout from 13k to beyond previous ath lines up exactly with false MOVE spike expirations. So the trade was profitable so more money went in, that decreases the BTC float and then attracts momentum which further decreases float and pushes up price

I expected this to go on for another cycle desu. Luckily I sold the top because I am apparently the only person that understands that BTC is really a short Treasury vol trade. It has nothing to do with money supply. If it did it would have broken out in early summer along with every other commodity. If the "money" thesis held any water, we would have seen new ATH along with gold. BTC has 0 to do with money/inflation and everything to do with Treasury implied vol turning/not turning into realized vol

[Anonymous No.29717490]

>>29716985
>>29716826
>>29716349
Anon, you there? Tell me, bro what you think. Don't just forecast doom in the markets and then disappear and don't back up or present any reason why there would be that doom. If you do that then it comes off as just average FUD.

[Anonymous No.29717566]

>>29717344
checkled

[Anonymous No.29717661]

>>29717344
????

[Anonymous No.29717674]

>>29717486
lol u talk all gay and shit. im never selling

[Anonymous No.29717728]

I'm not selling just fuck my shit up bobo I'll buy the dip.

[Anonymous No.29717796]

>>29717490
see>>29717486
for BTC reasoning.
For the general markets:
>It's not "high bond yields". Bond yields are low, which is why every midwit CNBC boomer says buy stonks since yields are still historically low.
>It's the volatility in treasury prices that is fucking everything up.
>Treasury prices are the underpinning of the internaitonal monetary system. "dollar reserves" are treasury bond/note holdings. If those become volatile like today everything is fucked

[Anonymous No.29717832]

>>29717661
Well, you can clearly see what /biz/ is saying rn. So now just do the opposite.

[Anonymous No.29718104]

>>29717486
>>29717490
OK well thanks for responding.
In terms of what you're saying, some of it from more of a broader financial point of view is not stuff I'm familiar with, but certainly much of the crypto-market specific stuff doesn't reflect what you're saying.
Like BTC is certainly not 95% of the market or anywhere close to it. It's the majority of the market, but nowhere near 95%.
And BTC was valuable and rising at the same rate before all of these institutional investors got involved. There certainly were no institution involved in 2013, or 2018 or really even in 2020. There are really only a few institutions involved now in 2021.
Institutions are not where bitcoin primarily derives it's value from. It never has been. That is primarily why bitcoin has always existed as "it's own little thing" and is only moderately effected by the broader economy.

Anyway, I dunno. What I will concede to you is that the landscape of bitcoin is changing as it gets more mainstream. And everything you are talking about is all stuff that I am aware I need to make an effort to educate myself on moving forward. But from my point of view, you are wrong about some fundamentals of bitcon, as someone who has been in this space going forward.

You see it as a pen and paper commodity. People who have been in this space for a long time (who are the people who make up the most of BTC's value) see crypto as a golden key to the future. A technology that will revolutionize the world in a manner even more profound than the internet or the steam engine did.

That's where your analysis is off (my opinion). I think you're just not properly understanding where these coins get their value because you're not coming at it from the tech perspective like I am.

And for the record, I was also able to fully predict this most recent drop and the entire correction. Why? Because it's perfectly in line with the history of bitcoin. Halfway up every bullrun it does this. We're halfway up the bullrun right now.

[Anonymous No.29718123]

>>29717832
Ok, thanks man.

[Anonymous No.29718246]

>>29718123
My pleasure, fren.

[Anonymous No.29718376]

>>29717985
>And for the record, I was also able to fully predict this most recent drop and the entire correction. Why? Because it's perfectly in line with the history of bitcoin
You do not understand exactly what is going on in the treasury market. There was a 5 minute window that would have been a 3 sigma day on its own. And that was during a day that was already between 2 and 3 sigma
This doesn't even have a precedent in world history, fuck bitcoin history

[Anonymous No.29718377]

>>29717486
>>29718104
>You see it as a pen and paper commodity. People who have been in this space for a long time (who are the people who make up the most of BTC's value) see crypto as a golden key to the future. A technology that will revolutionize the world in a manner even more profound than the internet or the steam engine did.
By the way, anon. People who have historically analyzed bitcoin as atypical commodity or financial market have historically been perpetually wrong about it. They constantly write it off. Say "it's crashing". "It's done". What do they say about how many times bitcoin has been declared dead? It's been "declared dead" by MSM and wall st like 187 times now since it's inception?

Someone like you.....I admit you likely know more than me about financial markets, but I still don't think you fully understand Bitcoin or cryptocurrency more broadly, and thus you can't truly understand the market.
This market does not play by the rules of a typical financial market.

I have been in this space since 2013. I bought my first bitcoins in 2013. I have seen all of this plenty and plenty of times

[Anonymous No.29718514]

>>29718376
I fully admit that I do not have a proper or complete understanding of global financial markets or treasury markets. I admit that. All I'm saying is that because you come at this market from that perspective, you don't fully understand this market, either.
I've heard the prognostications of people like you all of my adult life in this space. "Bitcoin is dead! It's gonna die because reason X Y and Z!" but I'm not trying to insult you, but I'm telling you that you sound exactly like people in the 90s who said "the internet was a passing fad and soon it will disappear".

You don't understand the technology. You don't understand the revolutionary capabilities of this technology and these coins (particularly coins other than Bitcoin, which is only really grandfathered in and WILL eventually be supplanted by entirely superior DeFi tech cryptocoins).

[Anonymous No.29718656]

I selled

[Anonymous No.29718796]

>>29717344
Buy

[Anonymous No.29718800]

Uhhh. Dubs and I’ll do it.

[Anonymous No.29718814]

well

[Anonymous No.29718969]

>>29717344
so sell and then buy back in immediately and repeat this process until i've run out of money on fees alone?

[Anonymous No.29718973]

>>29718104
>halfway up

Could be even less than half, I'm with you. They're scaring people about it because it provides deep liquidity that can back all kinds of fuckery, and they know it'll likely go to 1M USD / BTC easily.

[Anonymous No.29719000]

>>29717486
>>29718104
>>29718377
>>29718514
>>29718376
>>29717796
Also anon, how can you say:
>Crypto (bitcoin because that's 95% of the market realistically since all defi altcoins are just ways to long/short btc/eth)
That to me is actually a complete sign that you have no idea what you're talking about in regards to crypto.
DeFi a way to short ETH and BTC? LMAO. Almost all of the other coins move WITH ETH and BTC. For anyone to say something like that, they need to have an absolute total lack of understanding of what DeFi is, what it's working to, and what it's going to do to absolutely radically change the world in ways so profound normie heads will spin.

So I dunno man. There's a lot you're saying that just sounds like jargon to me about the broader economy. I'm not someone with a degree in macroeconomics. But I do know this space pretty well. I know the dip that's happening now was completely predicted by bitcoins historical chart. Nothing that unusual about it. Anyway I dunno, man, I suppose we'll just have to agree to disagree.

[Anonymous No.29719017]

>>29718800
have fun with your realized gains anon take a nice vacation

[Anonymous No.29719034]

>>29718377
>By the way, anon. People who have historically analyzed bitcoin as atypical commodity or financial market have historically been perpetually wrong about it. They constantly write it off. Say "it's crashing". "It's done". What do they say about how many times bitcoin has been declared dead? It's been "declared dead" by MSM and wall st like 187 times now since it's inception?
Its "real history" not 100% owned by the fringes of the internet is about 3 years. No historical data about trends matters. Pic rel is the return of short vol until "volmageddon" in 2018. "declared dead numerous times" applies here. "The fed put is in play" was always said. Then one day vix doubled, so short vix plays went to zero
https://towardsdatascience.com/the-xiv-meltdown-1b0608110b9f?gi=dbd7cf6e427b
You have the same stuff here. Retail people quitting jobs to trade short vol, new paradigm, etc. This is just a much better version because of the reflexivity i mentioned. Difference is its treasury vol now, which is a much rarer event. Hardly any trader alive remembers treasury vol, even though it nearly took down the world economy with LTCM.
This is why BTC and Tesla ended up having nearly a 100% correlation. Short Treasury vol is the only way both trades work.

[Anonymous No.29719139]

>>29718973
They are mad because they think they "missed out". They don't understand how early it is, still. Especially if they wanna get in on DeFi. I mean, this other anon in this thread, he said "DeFi is just a way to short ETH / BTC" LMAO. Like wow, you need to be a real outsider to this space to unironically think that. DeFi is the future. BTC is the grandfather and at this point even ETH is looking like it's probably gonna be the grandfather.
BTC and ETH are effectively prototypes that will be replaced by a far more refined product.
But yeah, they are angry because they think they missed out. They're bitter so they wanna shit on it.
OR they hold gold, and they wanna FUD people into buying gold.

[Anonymous No.29719198]

>>29717486
Why do americans think they are the fucking center of the world?
>Hey look, this worldwide decentralized coin is gonna colapse because the Treasury of my country is full of fucking retards

[Anonymous No.29719261]

>>29719000
>DeFi a way to short ETH and BTC? LMAO. Almost all of the other coins move WITH ETH and BTC. For anyone to say something like that, they need to have an absolute total lack of understanding of what DeFi is, what it's working to, and what it's going to do to absolutely radically change the world in ways so profound normie heads will spin.
Every defi platform is overcollateralized and the highest demand token is always dollar stable coins while wbtc/weth have almost zero borrowing. Exactly how do you think this works? You lever wbtc/weth to invest in another defi token or plow back into more wbtc/weth

That is the only use of compound or AAVE. undercollateralized defi is impossible. Undercollateralized lending is what real business is. The only thing overcollateralized loans are good for is borrowing against wbtc/weth or whatever to get dollar stable coins and then trade those for more defi

[Anonymous No.29719284]

>>29719034
>Its "real history" not 100% owned by the fringes of the internet is about 3 years.
Dude wow. Phew. You got no idea. You are saying so many perpetually ignorant things at this point. WOW. "It's real history is 3 years" LMAO. Wow. Just wow.

At this point, I'm pretty convinced you are a boomer with absolutely zero clue what crypto is, and you just came here to FUD for gold.
BTW, the part where you most instantly gave yourself away was when you unironically claimed "DeFi is just a way to short ETH / BTC" like wow. Way to prove you understand absolutely nothing about this technology OR this market. All the coins more or less move WITH bitcoin at some degree or another, you asshole.

[Anonymous No.29719367]

>>29719034
>>29719284
>At this point, I'm pretty convinced you are a boomer with absolutely zero clue what crypto is, and you just came here to FUD for gold.
I mean really, tell me boomer. How much gold do you own? lol. You really REALLY gave yourself away with that "DeFi is a way to short ETH/BTC" LMAO like what person with even a cursory understanding of this market and technology would even say such a retarded fucking thing?

[Anonymous No.29719387]

>>29719198
>world reserve currency
idk anon? Not sure
>guarantor of global trade
it doesn't make sense to me

[Anonymous No.29719449]

>>29716656
BASED

HODL FOREVER

[Anonymous No.29719455]

Wait until we drop below $45k then you'll really see some panic

[Anonymous No.29719499]

>>29719034

10/10 explanation

every crash is just a mispricing of systemic risk usually brought on by idiots saying it's different this time

[Anonymous No.29719534]

>>29719367
>>29719284
Pls explain what I can do with an overcollateralized loan

[Anonymous No.29719617]

>>29718377
based oldfag

[Anonymous No.29719614]

>>29719499
>>29719367
>>29719534
oh shit I got Au in id clearly a sign

[Anonymous No.29719756]

>>29719534
Is that what you think "DeFi" is? An overcollateralized loan? Holy fuck. You people are really clueless on another level of cluelessness.
Bro, go back to your gold if you want to. It won't matter. No amount of FUD is going to stop the future, at this point. Just like boomers shouting "the internet is a passing fad!" wouldn't stop the internet. You're just dumb and old and ignorant and like all dumb old and ignorant people, you don't have any self-awareness of what you're doing.

I'll be literally wiping my ass with millions of dollars, BTW, as I have made unfathomable amounts of money over the years, doing absolutely nothing but sitting on my ass, mostly in my underpants, watching YouTube videos and trading crypto, while you boomers cry about how "it's all a scan" and everyone should be buying your idiots gold.

[Anonymous No.29719825]

>>29719534
>>29719756
>while you boomers cry about how "it's all a scan"
scam*

[Anonymous No.29720042]

>>29719614
So you do admit it, then. You were indeed merely here to FUD for people to buy gold all along.

[Anonymous No.29720264]

>>29720042
Nigger you are a fucking retard. Do you think I am trying to pump a 15 trillion dollar fucking commodity you fucking idiot jesus christ. You can't even express a coherent point. You literally said
>phew
>boomer
>I just cant even
>this is the future
>keep saying "its a scam"
Also I never said anything was a scam, check.
I said I am balls deep in what you may even call "defi", check.
You don't even have the capacity to entertain the idea that it could go the other way

[Anonymous No.29720584]

>>29720264
>Claim: "I said I am balls deep in what you may even call "defi", check."
>Reality: Guy perpetually demonstrates throughout the thread that he doesn't even have a cursory understanding of what DeFi is.
Please stop boomer. Please stop shilling your faggot gold.

[Anonymous No.29720846]

> Imagine not selling from a position of strength.
Hah, pathetic paper hands.