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

/biz/ - Business & Finance

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57373004 No.57373004 [Reply] [Original]

I just can't see a way for that to happen. There is just no way. End of road.

>> No.57373015

>>57373004
as long as you hold, it will never reach ath

>> No.57373026

>>57373004
yes, no 100k
there is no money waiting to buy high
we are going to 10k
because 10k is play money

>> No.57373045

Yeah same. It's just a pipe dream. There is just no new money flowing in and anyone who tells you there is, is lying. We had "free money" for almost a decade and BTC couldn't reach 100K. Now with looming recession, political instability and major institutions being able to buy BTC but it not even closing in at ATH, it's literally never going to happen. There is no risk seeking money anymore and current interest rates discourage investing in risk assets.

Anyone STILL holding Bitcoin and thinking it will go up is just permanently sniffing hopium. Maybe in 10 - 20 years when everyone forgot Bitcoin and we can have a new generation of entrants but right now it's over. Literally everyone who knows about Bitcoin and who wanted to buy it has bought it.

>> No.57373062

>>57373045
Lol. How do you actually believe this?

>> No.57373065
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57373065

Capitulate. Sell. 2020 newfags get out.

>> No.57373113

>>57373062
Look at the price. We literally have a Bitcoin ETF. Something unheard of for "digital internet money" and we are actually dumping. There is just nothing on the horizon which makes Bitcoin an interesting buy for retail. Even the "halving" is completely priced in as a non-event

>> No.57373122
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57373122

>>57373065
HODL

>> No.57373183
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57373183

>>57373004

>> No.57373229
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57373229

>>57373004
central banks have brainwashed the world with their prescribed inflation and debt-fueled money printing.
it will take another decade for the world to recognize why Bitcoin always breaks ATH 12-18 months after a halving.
it's a shame people find their way to /biz/ but are still retarded.
https://www.lookintobitcoin.com/charts/mvrv-zscore/

>> No.57373267

>>57373004
What if another pandemic happens and they have to print 3x the moeny supply. Would Bitcoin reach ATH again in that scenario?

>> No.57373360

>>57373267
people with money need to perceive BTC as pump capable
so far it is only dump capable
there i always another bubble somewhere, maybe AI bullshit

>> No.57373382
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57373382

What else then lads? What is next to invest in? ETH? If not bitcoin then what?

>> No.57373392

>>57373267
>another pandemic happens
pretty sure they're dumb enough to try again but people won't buy it, "pandemic v2.0" will be over in a month.

>> No.57373394

>>57373382
you need to be focused on preserving capital
opportunity will present itself

>> No.57373445
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57373445

What happened is the hype for the ETF got frontrunned FOR MONTHS. Miners got rich, shareholders got rich, Saylor got rich, ETF applicants got rich (bought OTC in individual accounts) and now they are dumping on retail, so they can buy cheap for the next bullrun which has been delayed for a good 1+ year.