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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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53242413 No.53242413 [Reply] [Original]

Disbelief

>> No.53242448

>>53242413
I'm going to miss bear market /biz/

>> No.53242454

yea it even has the u shape wow its uncanny

>> No.53242461

>>53242413
Where was the year of sideways crabbing?

>> No.53242490
File: 25 KB, 540x353, E0685541-8D1F-4A97-B167-253756E84C44.jpg [View same] [iqdb] [saucenao] [google]
53242490

>>53242413
>1.4years from the halving on july 10-ish 2024
>market in the worst shape its ever been in
>thinking this is anything other than crab market options stop hunting.

You fucking casuals are the worst nigger tourists to ever cast a shadow on my board.
Fuck off back to reddît

>> No.53242495

>>53242448
I feel like it was wayyyyyyy to quick desu. 2018 was pure hell but the meme energy was never higher. What memes did this bear market cause? Pictures of TikTok roasties? Come the fuck on.

I'm not convinced we're out of the bear until we have a new meme with staying power tbqh

>> No.53242496

We have a fed funds rate of 4.33% right now and the fed is currently QT. removing liq from the market.

this is a bear market ralley. if I am wrong, I will be rekt. but market forces will always come through

>> No.53242502

>>53242413
Teacup

>> No.53242521

>>53242490
>Market in the worst shape it's ever been
Were you born in 2015?

>> No.53242533

>>53242495
There's no more meme energy period. We're all way too fucking old to be creative. You're right though, 2023 is more likely to be a crab year.

>> No.53242544
File: 69 KB, 469x680, rollercoasterUP.jpg [View same] [iqdb] [saucenao] [google]
53242544

>> No.53242574

But how is BTC realistically going to reach a new ATH? Everyone and their mother knows about crypto by now, and most them are bagholding.

>> No.53242594

>>53242495
this is an asinine way to gauge market sentiment
what the fuck

>> No.53242606

>>53242413
That pic is not how markets work

>> No.53242612

>>53242521
Cryptocurrency didnt exist prior to 2009

>> No.53242624

>>53242495
we had funny faced bankman memes

>> No.53242627

>>53242490
this

>> No.53242630

>>53242612
XRP was made in the 70s

>> No.53242637

>>53242495
dog
>bat

>> No.53242647

>>53242448
I won't.

>> No.53242679

>>53242574
Boomers don't fuck with it and they have the majority of the wealth.

Big institutions could easily pump crypto to new highs because of how illiquid it is.

>> No.53242687

>>53242606
It's just about the feelings people get at different points (trough, growth, peak, decay). Isn't meant to say anything about where you are on the peak or what shape it will be, that's the hard part

>> No.53242707

>>53242574
most normies bought the top and sold at -30 to -50pct, at least the ones i know

>> No.53242770

>>53242495
no it wasn't
2018 was mid
bullmarket dog token shitfest was way funnier

>> No.53242999
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53242999

>>53242413
We are here

>> No.53243256

>>53242495
>pin the weasel
also this >>53242594

>> No.53243289

>>53242413
There is no reason for the market to pump. Market manipulated fear

>> No.53243298

>>53242461
2022 was that year

>> No.53243361

>>53243298
2022 dumped and didn't crab.

>> No.53243625
File: 1.32 MB, 1242x2179, EEC2B86C-4398-4E52-B86E-004E99AF9068.jpg [View same] [iqdb] [saucenao] [google]
53243625

>>53242413
Were literally here including the ‘why did the government allow this to happen’ part lmao

>> No.53243640

>>53242999
checked and verified

>> No.53243678

>>53242606
It’s literally a textbook chart of a bubble and there’s probably 100 different stocks and shitcoins that line up with it perfectly over the last 3 years

>> No.53243758

>>53243289
Check DXY chart.

>> No.53245207

>>53242448
I missed 2022 on /biz because I checked out of crypto.
What did I miss?

>> No.53245360

>>53242999
So the true uptrend should start mid 2024 then? A month or two after the halving?

>> No.53245436

>>53245360
Yes

>> No.53245533

>>53242533
dude that's literally why Sminem is the poster boy for green candles

He's a young guy, if you're buying crypto you're counting on the masses of young fuckers that have become old enough to gamble their money away on speculative assets.

>There's no more meme energy period.
This is moronic. Meme energy hasn't and will not dissapear completely anytime soon

>> No.53245537
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53245537

If some of my holdings barely pumped today and yesterday should I sell them?

>> No.53245544

>>53245537
there's no shame in taking profits

>> No.53245570

>>53242495
The board got too popular and attracted the attention of too many groups looking to infiltrate and influence this website. When everyone left, but they stayed, we got what we have now.

>> No.53245770

>>53242495
2018 meme energy was all bizonacci

he was a hero , 2018 was much more brutal than 2022 and he got us through with his sminem v bogdanoff, funds are safu .

>> No.53246588

Last bear market lasted 15 months before we did see upside.. Right now we are in bear marked for 15 months..

>> No.53246629

>>53246588
It lasted 5 months then we did see 6 months retrace before the real bull market started.

>> No.53246650

>>53246588
Even longer if we count since may mania which was the volume top.

>> No.53246714

>>53246650
Yea though i doubt it is good idea to believe that it will follow exactly the same pattern.

>> No.53246738

>>53242495
the board has been filled with zoomers and /pol/ tourists this entire bear market and they're incapable of creating they only imitate. that's why the meme of the day is always something that's popular on twitter.

>> No.53246790

>>53242495
There was slurp le dip meme but I'm sick of wojaks desu

>> No.53246793

>>53242999
Yes, my suspicions exactly. That was it? I feel like I should have lost more. It can't only be all up from here. Regardless- wherever the fuck we are- I will be buying the next pullback.

>> No.53247132

>>53246793
if you didnt lose much, congratulations, but the overall drop was more than 85% - in line with 2018 and bear market lows in general. The bottom is done with and the next cycle is starting

>> No.53247154

>>53247132
A fuck ton of alts that were "big" are down 98-99% too.

>> No.53247850

So if we go by previous cycles, this should hold true: 2022 is the bear year, 2023 is the relief rally/crab year, 2024 is the btc halving year, 2025 is the mania year. 2024 and 2025 should be the two key years that see the most gains...is this correct?

>> No.53247870

>>53247850
Correct

>> No.53247873

>>53242413
Were in complacency right now newfag

>> No.53247876

nope still complacency

>> No.53247889

>>53247873
>>53247876
Absolute delusion. People are in disbelief.

>> No.53247911

>>53247889
kek i was kidding but maybe you're right. normies aren't supposed to be rich. whales need to fuck everyone over some more. why the fuck are they allowing this?

>> No.53247929

Denial

>> No.53247957

>>53242495
I dunno PINNING THE WEASEL and ftx has spawned some god tier memes

>> No.53249478
File: 29 KB, 1371x72, 15 Dec, 2018.jpg [View same] [iqdb] [saucenao] [google]
53249478

>>53243289
Banks, institutions, people with money, people who want to make money, are you dumb? Exact same shit said in 2018 as well

>> No.53249778

>>53242999
checked and more likely than op

>> No.53249818

>>53242770
>mid
stfu zoomer dumbass

>> No.53249831

>>53242495
FTX collapsing and related memes, FTX sex cult, Bitboy flying to the Bahamas to hunt SBF down and way more. It’s been pretty good

>> No.53249932
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53249932

>> No.53249987

>>53246738
>/pol/
/pol/ is the most creative board on this website right now. They are singlehandedly dwarfing the entire meme output of every board, and have been doing so since 2015. It's not for nothing that glowies started infesting this site.

>> No.53250035
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53250035

>>53242495
Fucking this. 2018 had
>Bog
>Sminem
>pink wojaks
>link threads
>That polish whore
The only shit that made me genuinely laugh here were the icy piss memes. Other than that, nothing creative or comfy whatsoever has happened here since the 69k top. It's just been cartoon mumu/bobo thread spam and nothing else. The shitcoiners never left. The bot replies never left. Dogtoken shills never left.

This isn't the bottom

>> No.53250592

>>53242495
I will miss the bear market /biz/
But let's be honest.
This bear market /biz/ has been complete garbage because it is now infested with reddit and all the good people left for twitter.
/biz/ of 2021 and 2022 made me lose 8 figures because I got used to trust /biz/ for having higher IQ people with good intents from the previous bear market bias where people helped me.
It feels as if they really have left.
There is no more alpha here and I was forced to become independent to survive on my own.
I learned a bit but I will never be able to replace those who left and the more time goes the less I want to stay here.


>>53250035
I miss him like you wouldn't believe.
https://youtu.be/0QAVquq9bNs

It's far worse than you can imagine.
/biz/ died in the 2021 bull market.
If you want to get a feeling of how it was you will have to go to twitter now...

>> No.53250611

>>53242461
2023

>> No.53250633

Denial phase

>> No.53250661

>>53242495
This is literally the longest crypto bear from top to bottom by day count (check it for yourself)

>> No.53250710

>>53250661

Zoom out the chart and see how violently btc crashed in the past. This pump is a bulltrap

>> No.53250821
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53250821

I'm still not gonna make it this cycle bros
but I'll be able to put a fat down payment on a first home, a nice car, and a few months off work to recoup and re-skill

>> No.53250835

>>53242413
Try denial
Capitulation is coming q3 or q4
Just sucking in the sheep for slaughter
It's going to be a rough year

t. oldfag

>> No.53250951

>>53250821
Why not anon? Are you in four figure hell?

>> No.53250973

>>53245360
the halving is a meme

>> No.53250981

>>53249987
>/pol/ is the most creative board on this website right now
typing i hate nigger 50 million different ways != creative

>> No.53250985

check the monthly stoch rsi

>> No.53250999
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53250999

>>53250985
Bullish

>> No.53251026

>>53250999
checked
extremely
selling pressure is exhausted

>> No.53251069

>>53250999
I will know the bullrun is back on when my older brother asks me if he should buy.

hint: this already happened

>> No.53251139

>>53242574
Do you even realize how much cash is out there? It's much more than M2. Just look at the derivatives market. It's funny how much attention Bitcoin gets when it's a tiny asset compared to other markets. It's without a doubt the most secure vault in the world and the hardest asset. Just that will propel Bitcoin to a multi-trillion dollar market. One day the volatility will disappear and Bitcoin will be the best money out there compared to shitty CBDC'S.

>> No.53251153

>>53251139
This nigga on that old school style copium

>> No.53251176

>>53251153
so whats your liquidation price?

>> No.53251418

100 percent disbelief

>> No.53251820

>>53250592
>/biz/ of 2021 and 2022 made me lose 8 figures

How?

>> No.53251887

>>53249478
Man, I remember that sudden drop from 6k to 3k somewhere in early November 2018. That was so fucking brutal especially since everyone thought the bottom was in at 6k. Crypto really felt 'dead' at that point and you had to be borderline delusional to keep buying in with cash, which I did of course.

>> No.53251962

>>53242999
>>53243625
>>53249932
I can see this. What would be the timeline for this? And the catalysis event for the final flush? Fed announcing we need to go higher because inflation returns/job market still too good/stock need to be crashed? GBTC/DCG going belly up? Eth unstaking?

>> No.53251991
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53251991

>>53251962
What I'm really terrified if this won't be just a normal cycle anymore, but more like what happened to gold in the Weimar period.
https://twitter.com/dylanleclair_/status/1396518689177063429

>> No.53251995

>>53250835
Literaly this. Seeing all the avax vs Matic discussions. AWS stickers ´partnerships and institution´ bullshit floating around. The bottom will be when you don't hear anything on the news and casuals have no hope and just forget about their -98% bags. Were at peak denial indeed

>> No.53252002

>>53249987
Glowies have infested this site a lot longer than that. They were onto 4chan by 2010, probably earlier. I am sure they had a hand in controlling /pol/, as /pol/ originally was used to funnel a lot of interracial porn (a continuation from the earlier news board but at an alarming amount) thanks mostly by JIDF. nowadays, not so much it appears. the interracial stuff been replaced by the latest trends manufactured by glowies

>> No.53252017

>>53242999
I still did not see a panic selloff.

>> No.53252156

>>53251153
The way the world is going, how could you not see this play out? Why are central banks so desperately trying to ban Bitcoin? It's because Bitcoin is an exit out of their fiat money prison. As these institutions become more repressive, Bitcoin will only go up in value. It's too late to put the genie in the bottle. There's no other asset anywhere that has Bitcoin's upside, none. Bitcoin is undervalued at a 330 million dollar market cap and everything else is overvalued.

>> No.53252241

>>53251991
>What I'm really terrified if this won't be just a normal cycle anymore, but more like what happened to gold in the Weimar period.
That would mean you wouldn't need to cash out. Just buy real estate for bitcoin.