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/biz/ - Business & Finance

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5431802 No.5431802 [Reply] [Original]

>BTC is in a downtrend
kek

>> No.5431838

i feel like the media FUD is working
fucking normies

>> No.5431888

>>5431838

dw my friend

btc will continue its upward trend for the 9th consecuvite year in 2018

>> No.5431892

If I take a screenshot and post it later when it's at 8k will you respond or just ignore it as usual?

>> No.5431924

>>5431838
Normies were never serious to begin with. They thought this was a get rich quick scheme. Now that it’s not performing well, they are all pulling out. By February, things should be stable.

>> No.5431925

>>5431802
double bottom we having a good run up now

>> No.5431959

This bubble is still smaller than the two in 2013-14 and much smaller than in 2011.

In 2013 you had a bubble of ~50x the price in a year, in 2014 it was 80x, in 2011 the bubble was over 400x the price a year ago.

Right now we at ~20x the price. The bubble could get to ~50-100k and still be smaller than what we have seen in the past. Even 1mil+ would be smaller than 2011.

>> No.5431976

>>5431888
where were u from 2014-2016

>> No.5431983

because everyone knows past performance is a good indicator of future success

>> No.5432248
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5432248

>>5431802
Cheers, just bought 100k

In other news, water is wet.

Hmm.. the level of faggotry in this anon is strong, yes, hmmm.

>> No.5433202

>>5431802
>downtrend
>making a double bottom

It's about to jump yo. hold on to your butts.

>> No.5433272

>>5431802
bitcoin hasnt even gone up much yet just look at the 1 day chart

>> No.5433311

>>5431959

no shit sherlock, this isn't pure math until literally every person on earth is a quadrillionaire, there's things such as the total GDP out here in the real world. Thinking that bitcoin is going to just quietly moon until it replaces all the fiat in the world is the realm of ancaps platonic microcephaly.