/biz/ - Business & Finance

[Anonymous No.52565111]

Is this worse than the 2018-2020 bear market?

This is absolutely brutal

Not even any mini-rallies, just dump after dump after dump with crabbing inbetween

[Anonymous No.52565123]

>>52565111
It wasn't bad until the FTX shit happened. Now it's undeniably worse.

[Anonymous No.52565129]

Did 2018 also had multiple huge bankruptcies?

[Anonymous No.52565162]

It also doesn't have any kind of hopium at the end of the tunnel, pitch black hole of despair

[Anonymous No.52565194]

>>52565162
buttcorn is over 15k
that's pretty good

[Anonymous No.52565215]

>>52565111
If you're holding and still posting we're still technically in bull.

[Anonymous No.52565222]

>>52565111
yes absolutely devastating right now, in 2018 we only had 2 true capitulation events and 2 months after the last one it was clear to go all in
but besides btc price action, back then the regular economy was doing fine there was nothing to worry about and supply chains were fine
now with all the shit that is raging around us and not making it is terrible to bear through
6 figure hell was never this bad

[Anonymous No.52565239]

>>52565111
Price-action wise, it's about the same. BTC down 70+%, alts down 90+%

FUD-wise, this time around it all feels a lot more real. Besides Tether FUD, we didn't really have any big systemic threats lurking on the horizon in 2018.
This time, with FTX going bust, and now GSC, Cryptocum and maybe even Coinbase all having question marks around their solvency, it feels a lot more like crypto armageddon.

[Anonymous No.52565278]

>>52565239
>crypto armageddon
still over 15k

if that is not bullish you are retarded

[Anonymous No.52565292]

Yes, obsoletely. By every metric.

[Anonymous No.52565305]

If come in with regulations, that will be bullish short term but I have no idea what that's going to look like. Bitcoin is classified as a commodity officially but honestly, the rest of these tokens are securities.

[Anonymous No.52565309]

I told myself that I will buy during this bear no matter the fud so thats what im doing every month. If shit goes wrong I can always kill myself. Its a win win

[Anonymous No.52565318]

not yet but it will be soon

[Anonymous No.52565328]

>>52565194
>>52565278
It's thanks to braindead bullturds like you that people get burned kek
Enjoy seeing your BTC at 9k by EOM faggot. kys

[Anonymous No.52565349]

>>52565328
seethe
we are gonna me it

[Anonymous No.52565599]

>>52565111
2018 was worse. But maybe I'm biased because this time I sold in November.

[Anonymous No.52565609]

This is much worse. In 2017 we dumped after being insanely over extended, BTC did x20 from previous top, All alts did like x2000 and all of this while having nearly zero infrastructure and working products.

[Anonymous No.52565629]

>>52565239
>Coinbase all having question marks around their solvency
coinbase doesnt have question around their solvency, their customers funds are safu
CB's problem is their own corporate BS which is burning through a lot of money each quarter
this is less fud then twatter makes it out to be: the biggest burns in CB are wagies and R&d in boondoggle investments on top of that they have a pretty big cash hoard
so worst case they fire half their staff, kill their useless shit like the nft thing and they will be fine for the medium term
if however in 2 years when the bull is for certain back on and people flee from CB to never return then its over, but it shouldnt matter all that much at that point
especially considering CB is about the most pristine major onramp there is left that is fully reg compliant

>>52565309
>If shit goes wrong I can always kill myself. Its a win win
yep thats my plan now too, all in to moon or rope cause i cant stand living in this clown world anymore
so i win unless we hit another big crab

[Anonymous No.52566433]

>>52565111
Crapto was always reliant on risk free money. Now that risk is back and you get returns on debt again, crapto is dying, because it was all lies and leverage