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/biz/ - Business & Finance


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55837873 No.55837873 [Reply] [Original]

Why do you think we’ll see another crypto cycle?

>> No.55837884

don't listen to people in their first bear market

>> No.55837932

>>55837884
listen to people in their second bear market?
kek

>> No.55837943

>>55837873
Because < 100% of global business and online trade is conducted on trust-minimised infrastructure that uses decentralisation and smart contracts to guarantee fairness in execution and escrow.
As long as that number is < 100% we've still got another run.

>> No.55838007

>>55837873
Midwit take

>> No.55838027

>>55838007
can you explain? I'm too widwit to understand why he could be wrong

>> No.55838058

>>55838027
Because he’s arguing the same position as retards who said the internet wouldnt be a big deal.

>> No.55838079

imagine not being bullish on the worldwide digital casino. imagine not being bullish on people becoming even more desperate, greedy and degenerate

human nature doesn't change, the cycle of fear and greed will never go away. and if anyone genuinely thinks the new beyond fucked generation will start "saving up" like their parents did they are a moron. absolutely no one believes anymore that you can "make it" through regular working and saving anymore, everyone is aware that absolutely everything is a scam even money itself so might as well throw everything at FartCoin 9000 and see what happens. why do you think PEPE went from 0 to a billion market cap in just a week even in this dead market?
everyone is desperately searching for any kind of lottery ticket to escape the rat race, boomer fairy tale land is over

>> No.55838094

The reason he's retarded is that the FED was raising rates in 2018 until the market threatened to go into recession at which point Powell pussied out and decreased rates. Crypto being down now is because of rate increases, he's correct, but the FED has already confirmed that in about a year's time they will pivot which lines up almost perfectly with the kickstart of a new bullrun. Crab between 20 and 32 for a year, then by the end of summer 2024 it'll be back at 60k.

>> No.55838107

>>55837873
Simple, due to quantum immortality.

>> No.55838143
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55838143

>>55838094
This is my thinking as well. Rates going up now, market seemingly crashing, markets finally crash, curiously lines up with 2024 election, oh no we have to save the market so we don't look bad, rates are slashed again to "recover", money printer goes brrrrr again.

It boils down to whether you think they'll let the market crash. For the past 20 years or so, the market starts showing signs of crashing and they fix it by turning the money printers on. Why would they let it crash now? Genuinely curious.

>> No.55838151
File: 119 KB, 1606x644, fedfunds vs stocks.png [View same] [iqdb] [saucenao] [google]
55838151

>>55838094

pivot

>> No.55838158

Becker has a history of shitty calls and just in general sociopathic manipulative behavior aka gaslighting his audience.

Take his "advice" with a grain of shit.

>> No.55838162

>>55838158
>sociopathic manipulative behavior aka gaslighting his audience
like how?

>> No.55838179

>>55838162
For one thing, a few weeks ago he was promoting meta/gaming coins as being the "new" narrative in the next bull run, or was he? He's got some NFT group called Neo Tokyo that he was promoting as the place where he talks about all his next gaming coin picks. The catch is you have to buy an NFT to get access.

>> No.55838216

the next financial collapse is exactly where we see if Bitcoin does what it was designed to do, it's sink or swim

>> No.55839525
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55839525

>>55837873
When Makoto makes Sora Card public and start shipping the first cards
Then XOR will probably have a 5x or more, thus saving the market

>> No.55839538

>>55838094
They raised rates for like 2 seconds in 2018 and pussied out instantly

>> No.55839542

>>55838079
>why do you think PEPE went from 0 to a billion market cap in just a week even in this dead market?

Are you new? ETH whales did that to create mania

>> No.55839544

>>55837884
>bear market
>hasnt even looked at sp500, ndq, dji for the past year

confirmed crypto retard

>> No.55839569

>>55837884
We haven't even entered an actual bear market yet.

>> No.55839676

>>55839569
when /biz/ retards talk about 'bear market' they talk about the bitcoin chart not going parabolic

they completely ignore that we are on a bullrun or have been for over a year on every other chart that isnt crypto

>> No.55839754

>>55838027
2024 is also an election year, governments always do everything in their power to make the economy look amazing so they get back in, I expect rate cuts at least. That lines up with the btc halving, and btc has been through at least a full year of a bear market from the 2021 peak and is showing signs of recovery, just feels like everything is lining up for a new ATH in 2024, although historically it takes a year or so after the halving for the blowoff top, so who knows how it will play out this time.

On the other hand, we've had dogshit zombie corps still kicking and retardedly high home prices and cost of living increases that it feels like sooner or later somethings going to break, and in a recession higher risk assets get hurt the most. Then again, crypto might act as a safe harbor depending on what breaks.

>> No.55839791

>>55837873
he went all in game coins and "multiverse" coins and got rekt. Now crying, it's ok.

>> No.55839804

>>55838179
Yup, he's a fucking shill. Dude got burned and started scamming his audience.
I've only watched him as satire. He is a clown

>> No.55839825

>>55837873
>Why do you think we’ll see another crypto cycle?
I don't. Or well, it's possible, but only like 20-40% chance

>> No.55839853
File: 83 KB, 1000x1000, IMG_6691.jpg [View same] [iqdb] [saucenao] [google]
55839853

Of course we will. Just a matter of time. One more thing, if the stock market were to crash, that $$ is going to flood into bitcoin

>> No.55839857

>>55837873
This lukewarm IQ doesn't realise that btc is manipulated by whales and miners. Holy shit imagine calling yourself a crypto expert and not realising this game is rigged

>> No.55840009

>>55838007
>over used thought terminating cliche
Ironically enough spamming 'midwit' has become a surefire sign that the poster is a midwit or worse themselves.

>> No.55840014

>>55839853
>One more thing, if the stock market were to crash, that $$ is going to flood into bitcoin
Now this is delusional

>> No.55840326

>>55839542
Well you need these desperate people to participate in this mania. So what the guy said is correct. When things get really tuff people might try to find the last glimpse of hope from crypto if you create enough fomo.

>> No.55840337

>>55838027
because until vcs showed up in late 2020 crypto wasnt being pumped with printed fed dollars
and those vcs suppressed real cryptos in an attempted to capture the market with their scam alt l1s so they did damage to the space

anyone saying that crypto directly correlates to tradfi markets is an idiot that got in in 2021
and for extra midwit points the gov is already stealth printing right now

>> No.55840348

>>55837943
This. Actual adoption is going to mark the end of ez crypto gains

>> No.55840364

>>55839853
>if the stock market were to crash, that $$ is going to flood into bitcoin
certified retard

>> No.55840372

when people realize (once more) that their cash isn't safe in the banks. It's either cash under your pillow or a crypto wallet.

>> No.55840376

>>55840364
>if the stock market were to crash, a good part of the freshly printed dollars would go into hard assets with btc being among them
there better for you

>> No.55840383

>>55840376
like when covid started, right? how low did crypto go then? you fucking retard

>> No.55840391

>>55840383
along with the stock market

>> No.55840418

>>55837873
Chad, we are already in the crypto cycle. Maybe you mean bull cycle here? It's coming up from all indication and I'm already investing in the winning indices of Astradao

>> No.55840445

>>55840391
>stock market
index investment works on both stock and crypto market. Don't waste your time on trading, fag.

>> No.55840455

>>55839542
>Eth whales incinerated millions of dollars to "create mania"
Ah yes but dogecoin being top 20 market cap is totally organic because the reddit dog is the most popular meme ever, never even heard of pepe

>> No.55840478

>>55837943
How would you calculate that %? Is there a chart?

>> No.55840484

>>55840445
and what do you think i mean, faggot?

>> No.55840487

>>55837873
I would expect a bullrun around the 2024 halving

>> No.55840594

>>55840487
Halving is always a non-happening. It takes several months to take effect.

>> No.55840600

>>55839754
the government is not in control of rates

>> No.55840613

>>55840383
did i tell you to sell the panic bottom, what the fuck happened immediately after that

>> No.55840803
File: 32 KB, 500x569, 2023-08-14_13-37-44.jpg [View same] [iqdb] [saucenao] [google]
55840803

How is it not crystal clear to everyone by now that all - ALL - price increases we see across the board are not increases in value of goods but decreases in the value of money? It's really simple: bitcoin was devised as a way of measuring the value of an asset that has a hard limit beyond which it cannot inflate. An asset that cannot be fucked with. That asset exploded so hard it created an entire "industry".

Blah blah stock market, blah blah economy, blah blah politics. Money is bleeding out, and "crypto" just happens to be the bucket catching all blood. There will be spurting, there will be gushing, there will be death throes, but price will keep going up until money is dead and bitcoin is money.

>> No.55840842

>>55840487
Then you are a newfag or just a fool

>> No.55840876

>>55840803
I don’t know how humanity would have moved forward from this dystopian fiat slavery without this discovery. It shines a light on the evil and gives us a beacon of hope and truth. Thank you Satoshi

>> No.55841502

Why do you think we won't?
Checkmate.

>> No.55841695
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55841695

>>55837873
its funny how he didnt post his short positions

>> No.55841705

>>55840876
TYS

>> No.55841715

>>55837873
this guy is a huge faggot larp/grifter

>> No.55842852

>>55837873
The concept that markets must be rational is why this is a retarded take.

>> No.55842941
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55842941

>Muh bear market
>Muh real state prices and macroeconomy
>Muh Biden blast and US recession
Anybody who tells you this has been racking up debt after debt since 2021 and has never had a single x2 or x10 in the last 2 years. We're not in a recession and the bear market hasn't even begun yet but sure, listen to the guy that said crypto was dead a year ago

>> No.55843017

>>55837873
bitcoin was made in a recession for recessions and has survived multiple market downturns take your xittershit back to xitter you coping bobo fuckfuace

>> No.55843452

>>55837873
Because as long as greed and stupidity exist so will market cycles for worthless items. Someday bitcoin will be properly valued at $0 but first a new bright shiny object needs to take its place.

>> No.55844395

>>55837873
>Why do you think we’ll see another crypto cycle?
Because we've been seeing cycles earlier. 2024 is the next cycle. Have gotten my bags of TRIAS, CYMI and QNT ready...

>> No.55845093

>>55837873
We're going to see another cycle because everyone suddenly forgot that tether was printing billions in USD and essentially got away with it.

>> No.55845114

>>55837943
This we'll probably have like 20 more runs in the future also you don't even need to make new aths every cycle you just need to buy during the bear and sell during the bull.

>> No.55845169

>>55837873
This rally will fail like all the others

>> No.55846608

>>55840487
No doubts chad, now is the time to accumulate and I've got hands on Dot, Krest and Inj for long term gains.

>> No.55846640
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55846640

>>55837873
Very low IQ.
Even if there is a "recession" (there won't be), there's always mini-bullruns.

Bitcoin is not even a trillion dollar market cap. It's smaller than single companies like Apple, Google, Microsoft.

Bitcoin has no upper price limit because there is no limit to which governments won't print and dilute fiat currencies. We're so fucking early.

>> No.55846662

>>55837873
Well, something is bound to happen. I don't know if it'll be good, but something will happen. I haven't seen this much pessimism and unironic capitulation in a long, long time if not ever.

What if Burry is right?

>> No.55846867

>>55837873
>wowzers!!
>an xcrement thread!