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56344224 No.56344224 [Reply] [Original]

Anyone else fall for the lengthening cycles meme last bull run?

>> No.56344739

hyperwave, dome theory, lengthening cycles all jewish tricks to get you to sell and become no longer interested in the bitcoin

>> No.56344788

>>56344739
whats the trick this time?

>> No.56344928

>>56344788
remember "economic collapse 2023"? yea that was when btc bottomed out..
now theyre using "recession 2024" trick

>> No.56345096
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56345096

No sir I didnt

>> No.56345208
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56345208

>>56344739
Wait until you realize its ALL bullshit.

>altseason
Nonsensical term used to hype people up into buying shitcoins which will never EVER EVER have 2017-style gains. 2017 was a 1 time thing due to the novelty of easy token creation a la Ethereum. The 2021 alt bullrun was merely a large deadcat bounce due to unprecedented economic conditions. Notice how almost no alts breached their 2017 ATH.
>BTC dominance
This metric only made sense to use when the only altcoins out there were trying to replace Bitcoin. The price ratio of HORSE/CAR does have relevance. The price ratio of SMARTPHONE/CAR just simply has no tangible significance.
>BTC halving.
First halving most likely had a positive effect on BTC price. Second halving coincided with a bunch of exchanges popping up and adding real liquidity to the BTC market for the first time.
The vast majority of BTC has already been mined and another halving will not affect market supply nearly as much as previous halvings. The demand side, on the other hand, is under pressure as more BTC halvings come and go. BTC was not longterm sustainable in 2017, but there was still faith it would somehow become so in the future. It was not sustainable in 2021. The mining rewards get smaller and smaller with each halving. I'll let you do the math.
>X altcoin/BTC ratio
Look at LTC/BTC ratio and tell me that shit matters at all. And that's for a real solid coin like LTC. Don't even get me started on delusional baggies who think something like the MATIC/BTC chart is anything but random, with a bias towards going down.
>on-chain whale accumulation
Self explanatory nothingburger.
>TA patterns that have never been invalidated in crypto's entire history (until it does happens)
Remember how BTC never goes below it's previous cycle high? Turns out it did finally happen. Remember how altcoins never outperform BTC in the long run? Turns out Ehereum did it for the first time. Remember how BTC must always remain rank 1 crypto no matter what?

>> No.56346853

>>56345208
>adding real liquidity to the BTC market for the first time
>>56345208
>on-chain whale accumulation
>Self explanatory nothingburger.
Kek this is retarded

>> No.56346856

>>56344928
Kek they had the recession fud in 2022 already

>> No.56346893

>>56346856
>schizo talk
>>56344928

>> No.56346944

>>56345208
>The vast majority of BTC has already been mined and another halving will not affect market supply nearly as much as previous halvings
supply will be cut in half with this halving. Same demand, half of the supply

>> No.56346948

>>56346944
>math is hard

>> No.56347018

>>56346948
which math? Supply will be cut in half, demand will be the same

>> No.56347158

>>56347018
The current supply is something like 19.5 million.
The projected supply in 2025 will be around 20 million. Big woop.

The final BTC halving is projected to occur in the year 2140. It is around this time that the total supply wil go from 20.9 million total supply to 21 million total supply, over the course of 4 years. Now, if you have more than 2 braincells you can see how such a small change in supply shouldn't cause any meaningful change in price. All you have to do is extrapolate backwards and see how each successive halving has less and less effect on price. The final redpill is understanding that we are currently now in a time where BTC halvings are irrelevant. You should've bought in 2015 sorry bro.

>> No.56347497

>>56345208
>Nonsensical term used to hype people up into buying shitcoins which will never EVER EVER have 2017-style gains.


yes, i think like icp, this cycle we will see more coins launching at their ATH

the greed and increased awareness means more coins now have their future speculative values priced in at launch. look at sui, same tokenmoics as matic but trading at almost same MC and price. while matic was like 0.0004 in 2020

and since liquidity is already so divided, there just isn't enough to pump every coin

only those coins which are launched on DEXs will have big pumps. thats already the case now.

>> No.56348642

>>56346856
it's been going on since the 2018 yield inversion