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

/biz/ - Business & Finance

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54974985 No.54974985 [Reply] [Original]

Starting to think its unironically over for Crypto?

I didnt feel like this in 2018/2019, something seems different now.... Like, all the people who got burned in 2017 bullrun got massively burned again in 2021.... and that they legitimately wont return in 2024

t. First bought bitcoin in 2015

>> No.54975004

>>54974985
Not really, fagoot.

>> No.54975090

>>54975004
How is dumb money even going to be able to afford fomoing in next year after having not saved any money for 2+ years of inflation?

People aren't able to save now that their rents are higher, their mortgage repayments are higher (or will increase massively soon) - everyone is spending far more on groceries and misc bills, everything costs more.... so where exactly is dumb money going to do to pump our bags next year?


It just doesn't add up.

>> No.54975100

Also I dont wanna hear

>muh retail dumb money doesnt pump the price

retail dumb money FOMO is the exit liquidity required for the prices market makers push it up to be sustained

>> No.54976820
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54976820

>>54974985
this is just another cycle on the market, you know how it goes, just wait for it anon

>> No.54976832

>>54974985
the market has fallen

>> No.54976967
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54976967

>>54976820
No need too worry. /biz/ will ignore it. Then we will get to laugh at them. Posting about coins with over $10m market cap won't pump them because /biz/ doesn't have the money.

>> No.54977447

2021 was a total clownfest. BTC under-performed with maximum exposure possible while absolute scams pumped from nothing to high $B valuations.

We won't see another ATH. It's unironically over.

>> No.54977477

>>54974985
Get your emotions under control you Nigger girl

>> No.54977491

>>54974985
I mean, it is all monopoly money

>> No.54977504
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54977504

Let's pack it in bros, cash it all out and put it in the S&P500 instead

>> No.54977524
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54977524

>> No.54977532

ahhh I see we're in the "where will all the magical buy pressure come from huh???!?" part of the market

comfy

>> No.54977544

>>54977532
is this a buy signal?

>> No.54977549
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54977549

>>54976820
Only the weak sell at this price

>> No.54977580
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54977580

>>54977544
you tell me

>> No.54977622

>>54977580
if the pattern repeats then btc wont ATH till abt 2025, since it took about 3 years after that post to bull run
i suspect it will go horizontal at 40k forever

>> No.54977785

>>54977580
Holy shit I'm glad I bought 1.5k linkies yesterday.

>> No.54979071
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54979071

>>54974985
Thanks to the alts it's starting to pick up again. Stop screeching and get a grip, faggot

>> No.54979343
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54979343

>>54977785
Bruh i bought 1k more linkies at 6.50, there are now only 7096 people on the planet with more link than me according tp ethplorer.

>> No.54979781

>>54979343
How many do you have? Im a 1300 Linklet but the fud is getting to me and I need to save some cash to buy land so my wife and I can build a house at some point, I can't keep justifying this

>> No.54979822

whole willage is starving sers pls giving the coinbase!!

>> No.54980081

>>54974985
Yes until the Fed cuts rates to zero again. Speculative money is also chasing AI stocks and not crypto.