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/biz/ - Business & Finance


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8561999 No.8561999 [Reply] [Original]

what is causing btc to be stuck in a bear market?

>> No.8562039

People don't really have the incentive to buy back in again. Hype went down by a lot after its big run up.

>> No.8562085

>>8562039
And new investors are getting burned. So they aren't returning. Less and less buyers every week.

>> No.8562099

Went up waaaay to quick. Will need time to climb to new highs.

>> No.8562108

>>8561999
What are u talking about? Still overvalued. Fv is 500

>> No.8562144

>>8561999
Just be happy. It means that we can accumulate more btc and other shitcoins until the moon starts. I hope we get a fucking year of bear market so that i can fill my bags with all kinds of cheap shit.

>> No.8562214

>>8561999
others coins.

>> No.8562317

>>8561999
Tax season. They want the normie money out of the market or unable to recognize their gains without being a criminal.

>Pump market hard in November/December and get normies in
>Give them huge gains
>Next year starts
>Crash it hard before most people file taxes
>They now owe thousands in taxes and almost certainly more than they actually have
>They have to cash out their entire stack to pay some of the taxes and are burned by crypto
>Or they can hide their gains and become criminals whose money they can now just take

It's brilliant kikery.

>> No.8562320

>>8562144
What fucking moon stupid fuck. Nobody is dumping money into this shit anytime soon.

>> No.8562393

>>8561999
Can you really call this a bear market? It's pretty much been trading sideways.

>> No.8562451

>>8561999
the hype is ending, it's really simple

>> No.8562586

>>8561999
next bull run is in 2021

bull runs only happen every 4 years (2 years before the second halving) and only on odd years. 2020 is also the halvening year so supply will be constricted, 93% of bitcoin will already be mined = btc goes to 100k-500k

2011 = bull run
2013 = bull run
2017 = bull run
2021 = bull run

see you then

>> No.8562604

>>8562317

Newfags and tradefags lost, HODLERS WIN AGAIN.

>> No.8562625

shitcoins will go to 0 after a couple of years
hodling only works with good coins like BTC

>> No.8562822
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8562822

>>8562604
I lost more money believing in the HODL meme than buy the rumour sell the news.

>> No.8562877

>>8561999

no volume, no newblood