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52562501 No.52562501 [Reply] [Original]

we're $150 away from the cycle bottom and there isn't a single pink wojak on the front page
this really is the bottom...

>> No.52562511

it's over

>> No.52562521

I got liquidated yesterday
Probably the bottom

>> No.52562525

>>52562501
These dips and crashes are boring now. Everyone left holding at this point aren't going to sell no matter how low it goes.

>> No.52562531

>>52562525
cope

>> No.52562537
File: 444 KB, 631x581, bobo.png [View same] [iqdb] [saucenao] [google]
52562537

>>52562525
He doesn't know about the btc 12k stop loss cluster.

>> No.52562544

>>52562525
i think this is it
May crash was fucking crazy on here
no-one really cares anymore
but i think that's a pretty good bottom signal

>> No.52562563

>>52562544
I agree with this. I've got about 0.5 BTC i want to buy still, with my current fiat. But the fact that I would be successfully timing the "bottom" makes me think it obviously can't be the bottom.

>> No.52562598
File: 719 KB, 2708x924, Screen Shot 2022-11-22 at 6.05.33 pm.png [View same] [iqdb] [saucenao] [google]
52562598

>>52562563
FTX thing was way bigger news than Luna/Celsius but compare the posting spikes...

>> No.52562614

Nah one more leg down is coming. The pico bottom is always signalled through the black wojak indicator.

>> No.52562618

>>52562501
long for like 30 minutes

>> No.52562637

>>52562544
Yeah but the risk isnt retail is it? I assumed it was all the over leveraged corporations who are tied up with FTX etc, in addititon to the fact that the macro environment is completely unfavorable. I can see this shit crabbing for much longer than it did in past cycles. Where is the incentive for institutions to re enter

>> No.52562652

>>52562598
identical to link/btc chart except for the reversal in april isn't captured on the posts/day chart. curious.

>> No.52562656

>$150 away from the cycle bottom
Yeah sure bro

>> No.52562670

>>52562656
i mean so far, no need to get your panties in a twist bobo

>> No.52562681

>>52562598
LUNA was much more entertaining though

>> No.52562692

>>52562501
meanwhile we have assfucking and triforce threads on the top row

>> No.52562699

>>52562692
peak bear market

>> No.52562754

>>52562637
>Yeah but the risk isnt retail is it?
The risk is onboarding retail to crypto via CeFi. In an ideal crypto world everyone has their own keys and uses DeFi for their financial services, which would allow us to avoid these bank runs, but realistically retail doesn't have the tech savvy necessary to use private keys or interface with DeFi.
Institutions are much smarter than retail and they understand how they'll interface with DeFi/crypto in general so they're ready to go, they're just waiting on regulation. Ignore boomer talking heads, they're just playing to the biases of daytime TV boomers for views.

>> No.52562767

>>52562754
Isn't there any tech to have traditional username+password combos instead of seed phrases on the blockchain? That's the #1 reason why mongoloid normies won't touch defi.

>> No.52562801

>>52562767
Who gives a fuck about normies lmao