/biz/ veterans, I summon you

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/biz/ veterans, I summon you Anonymous Mon Sep 5 11:34:54 2022 No.51270000 [Reply] [Original]

How does the current bear market feel compared to the previous one?

>>	Anonymous Mon Sep 5 11:35:51 2022 No.51270014 >>51270000 Based digits, Unfortunately your digits confirms we are going sub 10k btc

>>	Anonymous Mon Sep 5 11:36:22 2022 No.51270021 >>51270000 Boring. Bring btc down to sub 10k and maybe I will feel something again.

>>	Anonymous Mon Sep 5 11:38:22 2022 No.51270037 File: 336 KB, 929x1415, 16558893198480.jpg [View same] [iqdb] [saucenao] [google] >>51270000 checked. its worse than before. sentiment is we have 1n more leg down.

Anonymous Mon Sep 5 11:38:57 2022 No.51270041
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>>51270000
Let me put it this way. Btc can easily go down another 50%, but even if it didn't and bottomed out, this still would objectively be the most merciless bear market of all time.

>>	Anonymous Mon Sep 5 11:39:20 2022 No.51270045 >>51270000 This feels unironically like just before the dump to 3k. People were calling this is the bottom while the price's crabbing

>>	Anonymous Mon Sep 5 11:41:12 2022 No.51270064 >>51270037 >>51270045 The duality of biz Kek

>>	Anonymous Mon Sep 5 11:42:29 2022 No.51270073 >>51270000 There is nothing to look forward to anymore. It's all a dream

>>	Anonymous Mon Sep 5 11:43:56 2022 No.51270088 >>51270045 Came here to post this, I remember back somewhere in mid 2018 when everyone thought BTC was leveling out at 6k, it dumped violently to 3k, this feels like right before then

>>	Anonymous Mon Sep 5 11:45:01 2022 No.51270097 Faggot Bitcoin bear shills I’m not selling my btc I’m not selling my longs I’m. Not. Selling.

Anonymous Mon Sep 5 11:45:16 2022 No.51270098

>>51270000
2016 "veteran" here.
There are indicators[not on tradingview] that are pointing down to 15.3k But taking in consideration all the macro-economic issues the world is trapped in,i would say a wick to 11k is not out of the books yet. Depends how hard the stonks drop.

take care

Anonymous Mon Sep 5 11:46:44 2022 No.51270110

>>51270088
It's not the same, but I still see a dump. That dump was from a huge ass descending triangle visible on the weekly time frame. Not only that, but we bottomed out at the 200w ma. It was also after a blowoff top. Currently, we are already under the 200w ma meaning we're actually worse off now than when btc crashed to 3k.

>>	Anonymous Mon Sep 5 11:47:42 2022 No.51270121 >>51270064 The duality of retards Kek

>>	Anonymous Mon Sep 5 11:47:53 2022 No.51270124 >>51270110 where do you think we are going over the next 12 months?

Anonymous Mon Sep 5 11:54:59 2022 No.51270186
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>>51270124
Can't say for 2022. I am not bullish rn, but I have no idea atm. I just know a crash to even 9.7kish to fill the CME gap would not surprise me. September tends to be digshit for btc too.
I'm bullish as shit for 2023 though. Recessions typically end after 11 months which means December of this year should be the end going by averages. That aside btc typically only has 1 red year and then green years afterwards.

>>	Anonymous Mon Sep 5 11:58:41 2022 No.51270217 File: 935 KB, 1000x1459, 1655454760119.jpg [View same] [iqdb] [saucenao] [google] you guys understand that another lower low would invalidate ALL btc price models? yet you easily throw 10k targets.

>>	Anonymous Mon Sep 5 12:00:42 2022 No.51270231 >>51270217 People would just justify it as "just another 85% like every other bear market". But yes, many models would be invalidated.

>>	Anonymous Mon Sep 5 12:02:28 2022 No.51270246 >>51270217 All those models are based on 2 data points.

>>	Anonymous Mon Sep 5 12:07:19 2022 No.51270282 15k is bottom, it'll come soon, be ready

>>	Anonymous Mon Sep 5 12:11:42 2022 No.51270316 >>51270000 We are still going down. I am not calling any bottom, but we sure go lower. If you are holding any token, you can stake and go to sleep.I already staked my ride and utk on Maiar dex

Anonymous Mon Sep 5 12:13:41 2022 No.51270333

Not even the same. It's tied to Nasdaq and couldn't be decoupled even if they wanted it anymore. This is nightmare scenerio not because of the potential losses but because there's 0 fundamentality left and isn't defi anymore. It's just a fucking toy money now that's been crabbing following stocks the whole fucking year. If I wanted to fuck around with stocks I'd have done that. There's nothing left in this scene.

>>	Anonymous Mon Sep 5 12:18:43 2022 No.51270369 >>51270098 Logically, looking at historical data, you should be expecting btc to get to 14k

>>	Anonymous Mon Sep 5 12:19:45 2022 No.51270378 File: 530 KB, 750x1078, 1657167151671.jpg [View same] [iqdb] [saucenao] [google] >>51270000 03 fag here This is the bottom Maybe 10% more but basically bottom Buying mils

>>	Anonymous Mon Sep 5 12:19:55 2022 No.51270379 >>51270333 yep. Btc is trash. I'm focusing on alts only for the next run. Btc is just Nasdaq on steroids. Jews tamed it.

>>	Anonymous Mon Sep 5 12:23:29 2022 No.51270410 >>51270000 2021 oldfag here, the bear market didn even started

Anonymous Mon Sep 5 12:24:14 2022 No.51270418
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>>51270000
We're probably not at the bottom yet but we are also probably through the worst of it. Recovery still seems far away but for the time being we are mostly just going to crab with a few minor pumps/dumps in between.

I don't know what the anons saying people thought 6k was the bottom last cycle are on about. The drop to 3k was a surprise but I remember the bears back then were calling for sub-1k BTC again. That never happened, just like sub-10k BTC is likely not going to happen now. As much as people get caught up in mumu euphoria, people can also get caught up in bobo dysphoria

>>	Anonymous Mon Sep 5 12:25:04 2022 No.51270427 File: 45 KB, 450x510, 1655746655862.gif [View same] [iqdb] [saucenao] [google] >>51270246 >>51270231 ok, sure, but if models won't hold we'll probably never see ath again. >>51270333 yepp, that's what I'm afraid of

Anonymous Mon Sep 5 12:28:18 2022 No.51270446

>>51270427
Thing is this bear market happened in the same time a recession happened. Stocks go crazy when recessions end and btc follows stocks so basically we'll still have an intense bullrun. It's just not easy to see while being in the shitty bear market

Anonymous Mon Sep 5 12:35:43 2022 No.51270501
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>>51270446
recent rally to 24k showed that btc does not recover as good as stock with limited liquidity. so unless FED introduces 0 or negative rate bitcorn may stay "just a fucking toy money" a libertarian pipe dream

>>	Anonymous Mon Sep 5 12:38:41 2022 No.51270525 >>51270000 Feels like we're entering the slow crab to 10k phase

>>	Anonymous Mon Sep 5 12:44:11 2022 No.51270570 >>51270333 Alt coins you fucking moron. Anyone still fucking with btc expecting mad short term gains let alone long term gains is retarded..

Anonymous Mon Sep 5 13:46:10 2022 No.51271216
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>>51270427
>but if models won't hold we'll probably never see ath again
yeah I'm also afraid of that. It could be that ATH is never seen again, a bit like the line over an airplane's wing, long term moving average is below ATH and slowly reducing to something like 50-70% of ATH. Difficult to quantify just how much hype was priced into the last bull-run.
I'm convinced we're going up from here, just a question of how much. I pray it's not only a 2x or that means I lost money overall with crypto!

>>	Anonymous Mon Sep 5 13:57:16 2022 No.51271331 >>51270525 yes itwill fuck around and crab for the next year or two until the $10k submersion fits the model

>>	Anonymous Mon Sep 5 13:58:13 2022 No.51271346 seems worse as its coupled with a global marlet shitting the bed

>>	YHWH Mon Sep 5 15:48:00 2022 No.51272724 >>51270410 Kek

Anonymous Mon Sep 5 18:15:02 2022 No.51275109
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Quite literally another bear market nothing special about this one. Usual FUD around everything, projects dying and new ones taking their place.

Biggest news so far is the birth of Vinu and how much they are fucking Shib in the asshole (who continues to fall off) and LUNC doing its thing while Terra 2.0 remains mostly irrelevant.

>>	Anonymous Mon Sep 5 18:15:24 2022 No.51275113 >>51270014 20k accepted

>>	Anonymous Mon Sep 5 18:15:36 2022 No.51275115 >>51275109 You forgot LINK shitting the bed more than usual

>>	Anonymous Mon Sep 5 18:16:04 2022 No.51275122 >>51275109 Flip when...... >>51270501 That's been its purpose since its inception nigga

>>	Anonymous Mon Sep 5 18:16:37 2022 No.51275126 >>51275122 >flip when Who knows. Shibfags are unhappy though that's a given lol

>>	Anonymous Mon Sep 5 18:18:57 2022 No.51275164 >>51270000 Checked Doesn’t feel as bad. Worrying really. Also if it’s truly a bear then we have at least another year of this, maybe two

>>	Anonymous Mon Sep 5 18:20:14 2022 No.51275178 >>51270000 been here since 2017, I can tell you right now that the party is over for this bull run and wouldn't be suprised if BTC goes under 10k temporarily.

>>	Anonymous Mon Sep 5 18:20:36 2022 No.51275184 we're still at ~11k in 2018 terms

>>	Anonymous Mon Sep 5 18:20:55 2022 No.51275191 >>51270000 It looks like it's over for real this time, honestly

>>	Anonymous Mon Sep 5 18:38:44 2022 No.51275429 >>51270000 Thia ia the worst bear market i have ever seen BTC going down even more

>>	Anonymous Mon Sep 5 18:42:52 2022 No.51275482 >>51270379 I still have faith in BTC and i am not selling regardless and yes Alts will do well in the next bull run no doubt but for now i just DCA on ORE

>>	Anonymous Mon Sep 5 18:47:13 2022 No.51275544 >>51270217 it's ok, retards would come up with new retrofitted models just like every other time that's happened

>>	Anonymous Mon Sep 5 18:49:54 2022 No.51275584 >>51270110 >we're actually worse off now than when btc crashed to 3k. are you insane!!?? we are nowhere near 3k you dumb nigger. check your eyeglasses or seethe for eternity nocion larper. black african.

Anonymous Mon Sep 5 18:51:35 2022 No.51275607

Checked.

Compared to the previous one? The first one I remember, bitcoin had toppled from $35 to about $1. There were no altcoins. Most people figured it would rally again at some point. Then it shot way up.

Now let's see. The scam copy ideas that are just "what if bitcoin but extra bells and whistles" have mostly a failed. A few of the privacy coins or coins that do obscure technical things are doing okay. Bitcoin is around $20,000, and people are complaining that it dropped from above $60,000 like a drop of 2/3 of the price is doomsday shit when it's dropped to less than 1/35 of the price before shooting up to more than 60,000x that price over the course of a few years.

So everything is more or less as expected. People are kneejerking. LARPing. Freaking out. Trying to speak a crash or a bullrun into existence. Memeing. Crying because they tried to play the market with money that they couldn't afford to lose. Sitting around and fantasizing that the 5k that they put into bitcoin will make them billionaires, even when it could 100x and still leave them only just able to afford a middle class house in the suburbs after they've paid their taxes. It's the usual clown show performing.

>>	Anonymous Mon Sep 5 18:52:45 2022 No.51275625 >>51270186 listen just think about what you are saying and stop being so BEARISH. there is no way we gop below 17k open youre EYES.. seethe nociner priced out forevertrying to time the markets boohoo

>>	Anonymous Mon Sep 5 18:55:05 2022 No.51275660 >>51275607 yeah but it's easy to drop from $35 to $1 then shoot up to $$$$$, there wasn't much liquidity back then and small amounts of $ could move the market. Not comparable to now.

>>	Anonymous Mon Sep 5 18:56:29 2022 No.51275681 >>51275544 prik. doumb ass. smoke your own pube while you are at it

>>	Anonymous Mon Sep 5 18:59:14 2022 No.51275725 >>51271216 you need to just shut up or i will be pulling my hairs out with you morons. crypto is the future!

>>	Anonymous Mon Sep 5 19:05:46 2022 No.51275818 >>51270378 just gun down this poor lad already

>>	Anonymous Mon Sep 5 19:12:43 2022 No.51275920 >>51275625 hey fool can't you see we are going down everyday i just hope this does not affect some of my low cap gems too much especially RAIL,JUNO

>>	Anonymous Mon Sep 5 19:28:46 2022 No.51276157 >>51275660 It's a ratio thing imo. The pool of money is larger, true, but so is the pool of investors and potential investors.

>>	Anonymous Mon Sep 5 19:30:15 2022 No.51276182 >>51270000 pretty similar actually normies are still absolutely clueless about the concept of money and they will always be

>>	Anonymous Mon Sep 5 19:31:20 2022 No.51276200 >>51270041 this could be very true, however there was no blow off top either this cycle

>>	Anonymous Mon Sep 5 21:58:48 2022 No.51278359 >>51270000 The previous bull run was fake and gay and it's just correcting itself from that. The real bull run will start soon but it won't involve btc or doge

Anonymous Mon Sep 5 22:05:48 2022 No.51278454

>>51270014
>>51270021
>>51270041
>>51270045
>>51270073
>>51270088
>>51270098
>>51270186
>>51270231
>>51270246
>>51270333
>>51270369
>>51270379
>>51270410
>>51270525
>>51271216
>>51271331
>>51271346
>>51275178
>>51275184
>>51275191
>>51275584
>>51278359
Clueless newfags larping as oldfags

>>51270316
>>51270570
>>51275109
>>51275122
>>51275482
>>51275920
Pajeets shilling worthless shitcoins.

>>	Anonymous Tue Sep 6 00:00:08 2022 No.51280204 >>51278454 Hang yourself mongoloid

>>	Anonymous Tue Sep 6 00:02:05 2022 No.51280238 >>51278359 I guess you're a big hodler of omnom then

>>	Anonymous Tue Sep 6 00:06:59 2022 No.51280317 >>51275113 Could it be the start of a favorable change? Whichever way I'm just DCAing on assets with potential like Sol, Ride, Fil, and Juno for the long term.

>>	Anonymous Tue Sep 6 00:08:07 2022 No.51280333 >>51270000 Sentiment is incredibly low, id personally believe this is the bottom. Im all in

>>	Anonymous Tue Sep 6 00:08:54 2022 No.51280341 >>51270000 Checked N

>>	Anonymous Tue Sep 6 00:09:25 2022 No.51280346 >>51270000 not nearly enough desperation and hopelessness yet

Anonymous Tue Sep 6 00:22:45 2022 No.51280542

>>51280333
This, we’re unironically at the bottom. The saylor fud is nothing. Mt gox fud is nothing. Fed hiking means nothing. Stocks tanking means nothing. There will be a mega pump as soon as the merge happens on sep 15th. POS goes live on that date and it’s the best thing that ever happened to crypto. No more wasting energy on mining. Bitcoin will also pump due to this but not as much as ETH

>>	Anonymous Tue Sep 6 00:26:05 2022 No.51280585 >>51270000 feels like the equivalent of previous bullmarket flat no capitulation still jpegs still apecoin still ETH killers

>>	Anonymous Tue Sep 6 00:45:36 2022 No.51280886 >>51275818 There is no way he is still among the living.

>>	Anonymous Tue Sep 6 00:48:02 2022 No.51280923 >>51280333> >100k ETH daily volume on NFTs >bad sentiment >>51280542 >scheduled event will pump the price found two newfags larping as oldfags

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