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/biz/ - Business & Finance

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File: 432 KB, 1634x1096, bitcucks.png [View same] [iqdb] [saucenao] [google]
7322312 No.7322312 [Reply] [Original]

posting an updated version everyday until you all kill yourselves

>> No.7322366

self fulfilling prophecy

>> No.7322456

>>7322312
But I already cashed out and am buying the bottom retard. I'm the kind of trader who turns 10k into 100k over and over again instead of compounding those gains. So I've done it 3 times now and I'm playing with 10k left hoping to do it again. Easy fucking money to be made because boomers are morons.

>> No.7322464

>>7322312
why dont these people just sell and go short

>>7322366
thats fine considering it was always a pump and dump.... notice the only people who want you to buy crypto already have crypto

>> No.7322494

"Oh shit everyone is selling!! SELL SELL SELL"

>> No.7322512

>>7322456
k, keep me posted

>> No.7322538
File: 70 KB, 800x370, C62D2E62-B211-4FFD-BEBD-A642FB8E1CD5.jpg [View same] [iqdb] [saucenao] [google]
7322538

>>7322456

>> No.7322567

>>7322312
cool I closed my positions axactly at the capitulation mark, started at 1.5k, was at 12k and went back down to 5k. Couldn't risk anymore losses

>> No.7322584

>>7322538
i bet youre one of those fags that lost money in the biggest bullrun in the history of mankind
stay poor

>> No.7322589
File: 45 KB, 850x482, 22758161_14053046804199_rId6.jpg [View same] [iqdb] [saucenao] [google]
7322589

>>7322312
look I can also fit random curves to other random curves

>> No.7322591

>>7322494
only smart people are selling, not everyone

>> No.7322593

>>7322312
6 or so weeks of miniscule institutional investment, about 1% of humanity involve din crypto, but yes OP you're absolutely not retarded for claiming that = entirity of Awareness and Mania phases.

>> No.7322598

doing Gods work anon

>> No.7322622
File: 27 KB, 413x395, 1443809729526.jpg [View same] [iqdb] [saucenao] [google]
7322622

>>7322589
just had to switch to log?

>> No.7322626
File: 120 KB, 728x546, A664DB20-B678-47D4-882A-4E01BABC7ECD.jpg [View same] [iqdb] [saucenao] [google]
7322626

>>7322584

>> No.7322641

>>7322312
Might want to update it so it's actually lined up right, and not just so the bubbles match. We passed the EMA200, we're below the mean.

>> No.7322643
File: 57 KB, 919x458, enron.jpg [View same] [iqdb] [saucenao] [google]
7322643

>>7322589
>putting 1 log scale graph onto a linear scale graph to try to feel better about your precious monopoly money's demise

Coping so hard lmfao

>> No.7322664

>>7322312
Kill your self you no coiner bitch ass faggot

>> No.7322672
File: 172 KB, 1910x1000, cnbc crypto.jpg [View same] [iqdb] [saucenao] [google]
7322672

>>7322593
100% hear about it, 1% think its worth buying into

there you go

>> No.7322688

>>7322641
>we're below the mean

if you do a LINREG and extrapolate the average growth from before meme hype bubble the current value if it returned to mean today is in the low 4000's

>> No.7322690

>>7322312
i got btc ads on porn sites ffs

>> No.7322695
File: 97 KB, 800x600, E1441E53-2034-486A-9A7A-BEDF7C6B3598.gif [View same] [iqdb] [saucenao] [google]
7322695

>>7322664
There’s still hope, friend.

>> No.7322723
File: 269 KB, 3186x951, 1494729728705.jpg [View same] [iqdb] [saucenao] [google]
7322723

I'll keep buying and laugh at you 10 years from now

>> No.7322753
File: 114 KB, 1828x540, stages_bubble.png [View same] [iqdb] [saucenao] [google]
7322753

>>7322593
I love asking this question

do you

average 4chins poster

think you are so ahead of the game that you beat out people who invest in speculative assets for a living

according to the meme graph

you are not smart money

you are not an institutional investor

you are a pubbie

and the end times is here as exhibited by the graph

your monopoly money is dead

deal with it

>> No.7322763
File: 26 KB, 616x413, 22758161_14053046804199_rId6.jpg [View same] [iqdb] [saucenao] [google]
7322763

>>7322622
>>7322643
show me again where exactly this chart says it's a linear scale. Please feel free to highlight the exact part of the image you found this information in

>> No.7322818

>>7322312
I thought that chart was just a stupid meme

>> No.7322870
File: 161 KB, 1468x656, enron log scale.png [View same] [iqdb] [saucenao] [google]
7322870

>>7322763
this is the linear vs log scale chart for ENRON stock price over a similar time period

which is the standard studied case for an investment bubble that popped


if you zoom out on the linear scale it looks like a spitting image of the meme graph

stop coping and get ready to do your first welcome back shift at mcdonalds

>> No.7322878

/pol/ will dismiss this as a meme chart until their portfolio is at zero.

>> No.7322879

OP you're a sick fuck

>> No.7322892

>>7322723

except the normies have lost their money once and won't buy into it again

>> No.7322908

>>7322312
Wow OP, spoilers much??

>> No.7322925

>>7322538
>WARNING SIGNS OF PROBLEM POSTING
>borrowing time from tomorrow to post today
>lying about how much time or money spent posting
>hiding time spent posting from irl people
>spending a lot of time posting or thinking about posting, imagining posting
>restless or irritable when not posting
>bragging about an effort post, lying about how many bumps you got

>> No.7322940

>>7322870
Why would Enron be a bubble though....? Wasn't it just some blue chip company that had a scandal and lost all its money? That doesn't exactly sound like a bubble, just a bad company/scam.

>> No.7322947

>>7322870
that wasn't the question

>> No.7322964

>>7322723
Hows that chart looking for penny stocks, anon?

>> No.7322971

>>7322312
i was told this was a meme graph

>> No.7322988

>>7322312
Feels appropriate, I just want to go to despair already and see if I manage to kill myself or if I fuck up that as well.

>> No.7322990
File: 120 KB, 655x491, 1517690815912.jpg [View same] [iqdb] [saucenao] [google]
7322990

WE GON' GET JUSTED HARD BOYS

>> No.7323000

>>7322940
they lied about their profits using an accounting trick to make investors think they were more profitable and they used this to jack up their stock price until people realized what was happening and it sold off like hotcakes

>> No.7323003

>>7322591
>selling
>the bottom
>smart

>> No.7323005
File: 165 KB, 620x498, file.png [View same] [iqdb] [saucenao] [google]
7323005

>>7322892
>except the normies have lost their money once and won't buy into it again
you underestimate the FOMO

>> No.7323007

>>7322940
Yeah, they were cooking the books.

>> No.7323012

>>7322312
BUY LE STAWKS DIB XDDD

>> No.7323017

>>7322464
They are short, why the fuck do you think they spend time to post this fucking shit 40000 times a day?

>> No.7323047

>>7322763
>when ur brain is to small

>> No.7323054

>>7322925
Add shit- to the beginning of each "posting" and this is good


>>7322971
You better start believing in meme graphs, sweetie
You're in one

>> No.7323079

soundrack4urlyf: http://cryptofeels.net/

>> No.7323100

>>7323017
i dont think /biz/ matters, its just for fun

>>7323003
go look up the threads calling 15k the bottom, or 12k, or 10k

>> No.7323102
File: 1.69 MB, 2070x984, bitcoinchart.png [View same] [iqdb] [saucenao] [google]
7323102

>>7322312
Posting my year over year

>> No.7323138
File: 24 KB, 480x360, cnbc hodl.jpg [View same] [iqdb] [saucenao] [google]
7323138

HODL

>>7323005
uh that

>> No.7323154

>>7323005
Hahaha even dumbasses get the FOMO.

>> No.7323174
File: 133 KB, 1280x720, cnbc buy btc.jpg [View same] [iqdb] [saucenao] [google]
7323174

>>7323005
uh that bubble did not reinflate though

it just blew up

>> No.7323234

>>7323102
That doesn’t match up with history at all. You have a gambling problem.

>> No.7323270

>>7322464
How do I short?

>> No.7323283

>>7323234
>bitcoin doesn't crash yearly and generally didn't hold a hyper-exponential trend for the past 4 years

ok m8

>> No.7323321
File: 2 KB, 369x304, Bitcoin properly logarithmed..png [View same] [iqdb] [saucenao] [google]
7323321

>muh log scale
According to my log10000 graph, bitcoin is still shit. And always will be shit.

>> No.7323357

>>7323174
He's saying that even Newton fomoed in

>> No.7323376
File: 37 KB, 1117x453, 2014 crash.png [View same] [iqdb] [saucenao] [google]
7323376

>>7323102
Fun Fact!

When BTC crashed about 60% in 2014 it kept going on a downward deathspin until it was worth only 20% of its original valuea and took over 3 years to return to similar levels and this current crash is similar in precentages

prepare for a 4000 bottom

>> No.7323381

>>7323283
>The wheel has spun red three times in a row. There’s no way it comes up red again.

>> No.7323427

The only reasons markets follow this meme chart is because everyone memes it.

>> No.7323429

>>7323321
HOLY FUCK!
Is that really the latest crash registering on the end there?

>> No.7323439

>>7322312
Why does nobody ever mention how the mean in this graph is completely inaccurate.

>> No.7323456

>>7322312
But once we are down to despair you'll be posting good news...

>> No.7323457
File: 183 KB, 1910x1000, cnbc eth.jpg [View same] [iqdb] [saucenao] [google]
7323457

>>7323270
the futures

there may be other options

>> No.7323487

Going by the chart we’re almost there. May as well just ride it out.

>> No.7323509

>>7322925
I wonder why this poster is so defensive...

>> No.7323519

>>7322892
>Dumb money is now out
And that's supposed to be a bad thing?

>> No.7323524

>>7323234
>le gambling may may

which genius came up with this

>> No.7323553

>>7323138
>>7323174
>>7323457
More proof (as if anyone needed it) that the news has no idea what the hell they're talking about

>> No.7323557
File: 98 KB, 612x491, 1479202402742.png [View same] [iqdb] [saucenao] [google]
7323557

>>7323509
I don't know but we're reaching levels of almond activation here that shouldn't even be possible.

>> No.7323564

>>7323000
also they claimed they had a revolutionary way to change the energy market forever, so everybody fomo'd, of course it was bullshit.

>You better start believing in meme graphs, sweetie You're in one
pls somebody make this

>> No.7323685

>>7323564
people did not invest in them because they put out a PR statement saying they were gonna change the world lol, they did have some interesting innovations on energy trading but thats about it

they used mark to market accounting to project future profits as current ones which made them look amazing and hid the massive fuckpiles of debt they had in special purpose entities

>> No.7323706

>>7323376
As some anons have said before,
4,300 is the zeroday price
It costs roughly $4,300 to mine one bitcoin, below that miners start shutting down for lack of profit, the network slows to a crawl and gets even further bogged down with unconfirmed transactions, lengthening the bear market until the price can get above this number, or just outright killing Bitcoin this time

>> No.7323732

>>7322312
Like we fucking care anyway you suicidal autist. We're soon at the bottom. One or two more weeks of shorting to accumulate. Anyone who doesn't see this crash as a chance to get free money is retarded.

>> No.7323805

>>7322464
because it will moon soon 200k tomorrow, fiat going down any second now that's why

>> No.7323990

>>7323706
With miners shutting down, does it not get cheaper then to mine a coin? so the zeroday reduces still?

>> No.7324067

>>7322763
>Thinking it is possible for a logarithm to look like this

You are literally retarded, not memely retarded, but factually and clinically retarded.

>> No.7324095
File: 217 KB, 615x507, meme.png [View same] [iqdb] [saucenao] [google]
7324095

>>7323564
1000 hours in paint

I have no idea how to make the graph not compressed and shitty looking so this is the best you are going to get out of me

>> No.7324229

>>7322763
I cringed hard

>> No.7324600

>>7322312
delet please

>> No.7324851

>>7324095
Holy kek.
YES
E
S

>> No.7324999
File: 63 KB, 1096x725, ok.jpg [View same] [iqdb] [saucenao] [google]
7324999

>>7324067
>Thinking it is possible for a logarithm to look like this
yeah absolutely unheard of

>> No.7325202

>>7322312
I'm waiting for -2000 per BTC. Should buy dip.

>> No.7325450

>>7322589

Delete this you fucking trylobite

>> No.7325781

>>7322589
yeah $10000000000000 soon

>> No.7326376

>>7323990
No because bitcoin doesn't have that implemented it will still increase in hardness despite lower mining. I think bcash has that.

>> No.7326401

>>7323100
ATH was 20k
Ofc 16k is not the bottom
Ofc 12k is not the bottom
Ofc 8k is not the bottom
4k is the bottom
Can't go lower than that