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

/biz/ - Business & Finance

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57971692 No.57971692 [Reply] [Original]

>> No.57971722

>>57971692
>half the world starving to death and/or dying in wars
>why won't anyone buy my bags of internet money?

>> No.57971723
File: 135 KB, 1074x861, cow.jpg [View same] [iqdb] [saucenao] [google]
57971723

>> No.57971729

>>57971692
If it reaches 100k normies will say "Haha well they said it would reach 100k by end of 2023 haha gotcha!!" then they'll fomo in at 500k then be left with heavy bags until 1 million by 2030

>> No.57971737

>>57971729
dangerously based...

>> No.57971765

>>57971692
my 90yo grandfather said bitcoin is dinosaur technology.

>> No.57971844

>>57971765
Tell him his grandson is a faggot

>> No.57972568

>>57971844
Lol

>> No.57972587

we are at the top now

>> No.57972612

>>57971692
Half my friends are laid off or threatened with layoffs and the other half are buried in debt and barely keeping afloat with inflation. We aren't early there's no one left who can afford to buy.

>> No.57972624

>>57972587
Yeh with Reddit posts like this it feels close

>> No.57972643

>>57972612
>>57971692

theres 45% more money in the system now compared to 2019. big boys are buying while normies cant afford

>> No.57972656

>>57972643
Who are these big boys going to sell to if normal people can't buy?

>> No.57972700

>>57971692
Everyone is pretty accustomed now to bitcoin = big number. It used to be pretty shocking
Normies will fomo >$100k
>>57972612
The old promise of windfall wealth easily entices even the most downtrodden man

>> No.57972800

>>57972612
I'm not selling my bags to the dipshits who can't plan their own retirement. I'm selling my bags to the rich fucks looking for one more place to park some money because they already own several businesses, a yacht, and a jet. The only thing the peasants are good for is nickel and diming.

>> No.57972832

>>57972656
>Who are these big boys going to sell to if normal people can't buy?

Pension funds.

>> No.57973116

We are RIDICULOUSLY early. The golden bullrun has only just started. If you haven't borrow-maxed, you will be forever priced out. $$100k in April, $250k by end of year. Easy $2-3M in 2025. EASY.

Even a few Bitcoin will be enough to retire soon. I have maxed my mortgage to get 3 BTC, and will be laughing at the mere peasants in a year.

>> No.57973152

>>57972612
>the poor are relevant at top 8 mcap
No.

>> No.57973467

>>57973116
hold your horses, sailor

>> No.57973484

>>57971692
last cycle no one was talking about it when it broke 20k
People went crazy at 60k

>> No.57973498

>>57971722
Go outside you doomer retard there's a regional war in the desert between foreskin harvester factions and some slavs blowing each other up while some 60 IQ niggers eat each other this is the most peaceful the world has been ever

>> No.57973500

>>57973484
This. /biz/ has amnesia (again).

>> No.57973514

>>57971844
Kek agitation agent eternally btfo

>> No.57973533

>>57971692
If anything, it's a massive buy signal. Bitcoin has never been at ATH this early before, and euphoria hasn't kicked in yet. The halving hasn't even occured yet. Spot ETFs are having record volumes. This may be the greatest bull cycle of our lifetimes. From this point we might reach $1M.

>> No.57973584

>>57973533
thats what i mean with early

>> No.57973657

>>57971692
Everyone is priced out

>> No.57973663

>>57972612
People being broke is bullish not bearish retard, especially for shitcoins. During depressions and recessions casinos historically do very well. It’s simple. Everyone knows that they a slaves and and that their only chance is to get lucky on some retarded dog coin. Once this shit is on normies’ radar it’ll be even more frothy than it was before.

>> No.57973679

Everyone I know is depressed and nobody gets excited about anything. Even coomsumers don't go to the movies to watch their next marvel slop.

>> No.57973687

>>57973116
>$100k in April, $250k by end of year. Easy $2-3M in 2025
This is what I'm thinking too. But concerned about some black swan BS messing it up

>> No.57973698

>>57973116
You're a GIGA CHAD

>> No.57973704

100K will be the decisive point, its a fancier number than 90k so news outlets will report about it, get pumped to 120 by normies then all the current buyers will give the bags out

>> No.57973722

>>57971692
when normies notice I sell simple as

>> No.57973783

>>57973704
>then all the current buyers will give the bags out
exactly. Even me. But after that is when it might go parabolic.
They be experts at getting people to buy and sell at the wrong time.

>> No.57973808

>>57971692
I don't think he understands the difference between "ATH" and "blow-off top".

>> No.57973864

>>57973116
please don't say stuff like this it makes me think we've topped

>> No.57973927

You guys are boomers with your bitcoins.
>60k in 2021
>70k in 2024

You guys realize that even a fossil stock like Dell or Microsoft has already passed ATH for months ?
SMCI is 10x ATH, NVDA went 10x.
And you guys trade Bitcoin literally like Gold freaks.
Yes at 150k you'll make a 2x that's great warren buffet keep going.
I'll stick with my stock.

>T. Bought BTC at 2000 in 2016 and Eth at 55$

>> No.57973970

>>57973663
>can't afford food
>but meme dog tokens will moon

>> No.57973978

>>57972612
based retard

That's incredibly bullish since normies are priced out and zoned out from bullruns by design

>> No.57973981

>>57971692
It's funny that after all those years people still believe that dates or anything at all are related to the price action of bitcoin.
no, it's not the etf
no, it's not the halving

It's the very big money players who crypto bros try to flee from and who pump their own bags. That is it. They pump and dump in a rather unregulated market

>> No.57973982

>>57973927
I sold all my bitcoin at $800 in 2015 so my opinion > your opinion thanks

>> No.57974005

>>57971692
at 500k they will start coming back and push it too 1MM.

>> No.57974031

>>57973116
>$$100k in April, $250k by end of year. Easy $2-3M in 2025

lol no

maybe 100k by end of june or july, maybe 250k by end of 2025

>>57973687
>But concerned about some black swan BS messing it up

yes, it's quite the tight rope we find ourselves on. but remember lads, you only yolo once.

>> No.57974125

>>57971692
No one cares about bitcoin anymore everyone is busy trying to find the next piece of shit that will do a 30x in a week

>> No.57974194

>>57973498
Lmao fuck, the accuracy of this statement made me laugh.

>> No.57974223

>>57971692
No stimmies this time. This rally is being driven by institutions. Proles fomo with proles, but when the deep pockets move, the proles are oblivious.

>> No.57974238
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57974238

>>57973116
Top signal

>> No.57974294

>>57974223
It's also worth noting that normies weren't really paying attention to BTC when it was climbing in 2016 or when it broke ATH in Q1 2017. Wasn't until Q3/Q4 that the situation finally had their attention.

>> No.57974298

>>57971692
I think at $100k it will be in the news again and normies will be "wow this bitcorn still exists? and $100k? wow" but they won't fomo in.

Maybe at $200k. Right now its only institutions buying, and most have 1-3% allocated so they will be much less price sensitive than retail.

>> No.57974318

>>57974223
Proles drive alts. No proles no alt season, while institutions have completely gobbled up the market. Once they're done btc will be a boomer rock like gold and you'll be happy if it does a +5% in a year.
(You) absolute gorilla retarded golem niggers are cheering for something you shouldn't wish to happen.

>> No.57974365

>>57974125
Stay poor and rugged dumb bitch casino junkie

>> No.57974382

>>57974318
Not cheering it on, just acknowledging the situation. In either case, its endgame is boomer rock status if not simply because its core developers have long been hostile to meaningful innovation. But it's reliable and retains value.

>> No.57974384

>>57973927
You're making a strong case for a major BTC price climb, 10x or more

>> No.57974399

>>57974318
>boomer rock like gold
So it's going to $1m?

>> No.57974433

You are late.

And the reason no one cares is because normalfags are not impressed by "bitcoin got back to where it was 3 years ago", they will only care when it doubles that number.

>> No.57974436

>>57973663
This. It’s literally why I’m in
>>57973970
People can afford food but they can’t afford to escape the urban collapse so it’s a pretty asymmetric bet: risk the most you can stand to lose and you either win big and escape hell or you lose and you’re in the exact same place anyway.
I don’t think you understand how many people have adopted this line of thinking which is why no one cares about BTC because we’re all slinging memecoins

>> No.57974452

>>57974365
Seethe nigger

>> No.57975335

>>57971729
15 million 2026
screencap this

>> No.57975422

>>57971692
what the fuck are you talking about? crypto is all over the news, reddit, facebook, fucking everywhere. everyone is talking about it. we have a tech off topic slack channel at work that had a half dozen crypto bros who said something about it a few times a year that in the last month is absolutely flooded with normies who want to know to know if they should buy, when and where. talk about top signals.

>>57971844
under rated

>>57973116
if you're wondering what a top signal is, here is a perfect example.

>> No.57975431

>>57973116
I think it'll get to MAYBE 120k than crash back down to 30k. If you're not getting ready to sell at 100k, have fun holding them bags.

>> No.57975453

>>57973484
And a lot of good that did. It hit 68k and crashed all the way back to 16k .

>> No.57975532

>>57975453
CHEAPIES ARE LE BAD

>> No.57975556

>>57973808
came here to say this

>> No.57975583

>>57971844
Topkek

>> No.57975601

>>57972612
There’s still so much jew and boomer liquidity floating around in the system from the money printing of the past 20 years

>> No.57975632

>>57973704
You just explained the reason why whales will dump on retail at 99k.

>> No.57975655
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57975655

>>57971692
>we are so damn early bros

>> No.57975672

>>57973116
just got $10m from my local loan shark, i agreed he can use my family for a snuff film if i cant pay it back by 2025
thanks for the advice anon, i trust you

>> No.57975703

>>57973116
Bitcoin won't reach millions for another bullrun or two

>> No.57975713

>>57972624
>>57972587
if you keep typing this every day, you can be sure to get it right eventually and you can enjoy bragging to people about how you called the top and they'll gasp and whisper "there's that crypto guy" when they see you in the street

>> No.57975737
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57975737

>>57973970
This but unironically. They'll say "My credit card has a $500 limit but if I make 10x on Dogecoin, itll all be worth it!". Just like they always do. There are many such cases.

>> No.57975753

>>57975532
I blew my wad near the ath last cycle because reddit kept saying it was going to $150k+. I didn't have a cent left to buy it when I knew it was the perfect time during the ftx scandal.

>> No.57975755

>>57971692
For most people is unobtainable so what do they have to care about?
It has become something for the rich and only them. Someone struggling to pay rent doesn't care much.

>> No.57976430
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57976430

>>57971722
This guy gets it, we are in for a world of pain. This will happen between now and just after the next presidential election. It depends how long they can kick the can down the road. History repeats itself.

Btc will dump for the simple fact that it needs to be taken from the hands of many and placed into the few. If you have any understanding of how stocks actually work you'll know how this will happen, EFT re the perfect opportunity. Remember the basics, not your keys not your crypto. Mum and dad investorss raised the capital to purchase, institutions hold. A big dump will have most sell. Something something stop losses. Writings on the wall, most just dont have enough pieces of the puzzles to connect the dots.

Would appreciate anyone, trying to prove me wrong without logical fallacys

>> No.57976787
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57976787

>>57975601
>boomer liquidity
People ITT just don't understand how rich your average boomer is. My dad, a boomer who was a career grocery store department manager that never made more than $65k a year, has $900k in his IRA plus a $75k taxable account. He has a paid off house and lives in a LCOL area.

Now imagine all the upper-middle class boomers that made $100k - $250k most of their careers. They have millions in IRAs and brokerage accounts.

Imagine boomers start allocating just a few percent of their portfolios to the BTC ETFs. It's an absurd amount of wealth. And it's starting to happen right now with the ETF inflows.

>> No.57978075

>>57972656
It’s about total asset control to bring in the NeoFeudal Technocratic System. They want a handful of ultra rich and all the rest debtslaves/serfs. They control fiat, stocks, bonds, paper PM’s, physical PM’s and real estate. Controlling Bitcoin and the other high market cap Cryptos is just par for the course of Total Banker Control.

>> No.57978187

>>57973116
WAGMI

>> No.57978391

>>57971692
BTC needs to hit roughly 77k to reach inflation adjusted 2021 ATH

>> No.57978522

>>57978391
More like 120k. Bidenomics doubled the cost of everything.