Beginning of Depression

[Anonymous No.8563971]

Do you have enough liquidity for this sideway-market that may last for a while /biz/?

[Anonymous No.8563984]

What happen after disbelief? New high?

[Anonymous No.8563998]

Trading a bit with some of my stack but holding the rest for years if I have to.

It's Koenigseggs or death.

[Anonymous No.8564001]

>>8563971
more like Denial going into Panic

[Anonymous No.8564003]

>>8563984
Yep.

[Anonymous No.8564009]

>>8563984

C

[Anonymous No.8564013]

>>8563971
nigga this is "Anxiety". We're going to $500.

[Anonymous No.8564017]

>>8563971
3k when

[Anonymous No.8564020]

So another 3 months at most? That's nothing.

[Anonymous No.8564057]

>>8564013
If people zoomed out and based it on % increase rather than price, we got a lot further to fall.....

[Anonymous No.8564066]

>>8564020
Here's what you and most people who compare this to the 2014 crash aren't getting. There's another 3 months of crashing at most, yes. That's true. Then YEARS of sideways movement at the bottom and a gradual liftoff back to all time high.

The actual end of the drop comes in a few months max. It's the seemingly endless sideways motion that will take place at the bottom "like 2k" for the following 2 years which will kill most of /biz/, before it really takes off again.

[Anonymous No.8564086]

>>8564020
>3 months
I don't think so, but that's what I'm hoping.

[Anonymous No.8564095]

>>8563984
Or it just stays low

[Anonymous No.8564103]

>>8564066
>the following 2 years which will kill most of /biz/
True. Bizfags probably will end-up being Trumpfags on /pol/ out of boredom then.

[Anonymous No.8564108]

>>8564066
This. People are still delusional as fuck. We're barely entering anxiety. We some real crashing to sober them up.

[Anonymous No.8564115]

>depression
we're in anxiety

[Anonymous No.8564128]

>>8563971

We aren't sideways yet. We need to wait for the crash and a lowering of volatility as most people get out of the market. When the price hangs around 2,000-3,000 or even lower for months on end that's how you know you have the right entry.

[Anonymous No.8564139]

>>8564066
Years of sideways movement, fuck off brainlet.
This year and next year the first blockchain projects will come into fruition and actually start saving businesses money.
The legitimate projects will skyrocket so fucking hard you'll first be in denial but probably buy at the top, the /biz/ way.

Meme lines go out of the window once the market shifts from speculative to actual improvements in the way businesses are being ran.

[Anonymous No.8564143]

>>8564066
>>8564108
Or it goes back to $0.10 and stays there.
And all the Boomers laughed at how a bunch of retards fell for the most obvious 'tulipmania' bubble in recent history

[Anonymous No.8564148]

>>8563971
>for a while
Oh no! I don't know how do I survive those 2 months. Retadr.

[Anonymous No.8564152]

>>8564139
>being an edgy angry teenager

you're gonna lose your money anyway

[Anonymous No.8564166]

>>8564139
>blockchain
Yes blockchain, not crypto

[Anonymous No.8564238]

>>8564152
cool argument anon, damn I really got told.
>>8564166
Cryptocurrencies are essential for running distributed ledgers ya doofus.

[Anonymous No.8564250]

>>8564238
A retarded teenager pretending to know shit on an anonymous board needs to be mocked, not argued.

[Anonymous No.8564271]

>>8564238
>Cryptocurrencies are essential for running distributed ledgers ya doofus.
No. The only point of utility tokens is rewarding node operators. However, that is not necessary in a business setting.

[Anonymous No.8564291]

>>8564271
THIS

[Anonymous No.8564300]

>>8563971
you all will be wrong in the end. fuckin autists

[Anonymous No.8564303]

>>8564271
Explain anon, how can businesses benefit from distributed ledgers without having to pay to use them?

[Anonymous No.8564304]

>>8564166
>cars a cool. The motors in them are useless though

[Anonymous No.8564327]

>>8564271
>its not necessary to ensure the security of a distributed ledger in a business setting

how many times have you been dropped on your head as a child

[Anonymous No.8564359]

>>8564303
Why would they pay to use them if they can simply run them themselves?

>>8564327
So you're saying that, for example, IBM Hyperledger is insecure?

[Anonymous No.8564365]

>>8564304
>crypto=motors
Nah, cars are the mining farm, the motors are blockchain, scented air freshener is crypto

[Anonymous No.8564482]

>>8564359
so why do you think projects like iExec exist in the first place? Crypto is nothing more than another way to outsource work and save money this way.

[Anonymous No.8564517]

>>8564359
Because centralised systems are vastly inferiour, with distributed ledgers businesses can do do business in a trustless manner because they know sensitive data cannot be tampered with.

Centralised systems are how bank, insurance and supply chain management fraud and hacks are commited. The biggest innovation of distributed blockchains is that it is TRUSTLESS data, once it's stored in a block it's always there. if the implications for these multi trillion dollar don't click with you than stay poor.

The platforms that are currently in developement will add so much value to how businesses are being ran it'll make your head spin, but making them costs millions in R&D, the tech is still very young but it's the biggest innovation since the internet self.

[Anonymous No.8564543]

>>8564482
Decentralized cloud computing is a total meme, there's no advantage in using it at all

[Anonymous No.8564564]

>>8563971
This is denial.
Don't start thinking that there will be some bottom, where a definitive reversal happens and we'll suddenly enter a new bullmarket. The 'bottom' can last for years, where most people have lost hope in cryptos altogether and everything moves sideways.
While a lot here might think of 2017 as just a good year in cryptos, in hindsight we might start to look at it as a year of crazy gains that happens only once in a lifetime, even in crypto space. We might not go back to same price levels for many years to come.

So, my answer on the bottom would be: What price would Bitcoin have to go to and stay for 2 years for you (as a normal crypto investor) to totally give up on it? That will be the bottom.

[Anonymous No.8564573]

>>8564517
The point is, enterprises can run their own distributed ledgers and their own nodes. They don't need the outside world to partake.

I actually don't view blockchain as too much of a revolution, there will be other, much bigger revolutions ahead (AI, space exploration etc)

[Anonymous No.8564585]

>>8563984
Yessir.

[Anonymous No.8564611]

>>8564564
I hope you are wrong but that makes sense.
>tfw didn't fell on Clif's meme

[Anonymous No.8564634]

>>8563971
You really think everyone would just let crypto sit there going sideways for years?

They've already had a taste of the kind of gains that can be made, any hint at a return to a bull-market and everyone and their mum will be jumping in for round 2.

[Anonymous No.8564658]

>>8564634
>institutional money is on hodl
https://www.wsj.com/articles/crypto-focused-hedge-funds-on-secs-radar-1521757104?mod=searchresults&page=1&pos=3

[Anonymous No.8564667]

>>8564634
This

[Anonymous No.8564683]

>>8564066
2 years? Great that gives me more time to slowly but surely dump more money into the dips
Crypto/pennystock/forex anything really. I'll take those sweet dips. Got a 12yr plan i'm in

[Anonymous No.8564705]

>>8564683
>Penny stock
Buy $TIXC, thank me later.

[Anonymous No.8564707]

>>8564573
If enterprises run their own nodes the whole trustless part is gone, which drives up the insurance and auditing and hosting prices. While also impeding the security.

[Anonymous No.8564733]

>>8564658
>crypto-focused-hedge-funds
The funny thing is, there is little point in such funds because all crypto is unequivocally tied to bitcoin and once it tanks, everything tanks (both in USD and satoshi)

[Anonymous No.8564749]

>>8564707
Not as long as immutability is cryptographically secured. Running a server is not that expensive.

[Anonymous No.8564790]

>>8564705
Looking into right now. Thanks anon.

[Anonymous No.8564842]

>>8564790
No worries, it used to pay $0.25 dividend annually. Their business was fucked after the Vegas shooting. They have a very good balance sheet so they should be fine.

[Anonymous No.8564880]

>>8564020
No this can take a full year. (kek)

[Anonymous No.8564921]

>>8564842
I'll keep that in mind. Added them to my list of stocks to snatch up asap.
Plus I really like that price.

[Anonymous No.8564998]

>>8564921
plus one thing, if you look at their filing, the CEO announced he was personally going to buy 2MM of the companies' shares.

[Anonymous No.8565067]

i used an occult oracle technique few months ago how to figure when it hits ATH again. Match was 2.5years from back then (which is Summer 2020). Not gonna BS you or go into details how this works but, this stuff is usually correct.

[Anonymous No.8565081]

>>8564066
This is what i, unfortunately, think is actually going to happen as well. Get ready to die, everyone.

[Anonymous No.8565093]

>>8564842
biz is back at shilling stocks?
we truly have hit the bottom

[Anonymous No.8565126]

>>8565093
I'll shill you gold but I'm not a kike.

[Anonymous No.8565155]

>>8564066
>hurrdurr I know the future

kys

[Anonymous No.8565193]

>>8563971
I'm bad at trading so just holding btc eth and skycoin for a year or so

[Anonymous No.8565231]

>>8564564
Invested $40k in Feb. At less than $5k I won't care anymore.
$25k rn. Req, Omg, Link and Nano bags.

[Anonymous No.8565263]

>>8564009
hmm. is that $1 million slightly before or slightly after 2020? critical question for mccafee

[Anonymous No.8565439]

>>8564749
If businesses run their own nodes, how can other businesses trust them in not altering their ledgers? If only there was a way for a distributed ledgers to exist where this problem is solved, hmmmm

[Anonymous No.8565442]

>>8565231

damn, I did put in 32k, down more than 60%, I am ready to ride it to zero, and then, I am still not selling

I want my 10x !

[Anonymous No.8565485]

>>8565439
What you're talking about is the double spending problem, it's been solved

[Anonymous No.8565511]

>>8565442
>I am ready to ride it to zero

[Anonymous No.8565516]

>>8564066
>3 months of crashing
>3 years sideway

you´re just pulling random numbers out of your ass, and talking like you actually have any idea what you´re talking about, btc lost almost 70% of its value already, we been bouncing between 6-11k for almost 2 months now, i don´t know how long it will take for us to recover, it may take years, but you will die wishing btc goes to 2k

not happening

[Anonymous No.8565537]

>>8565516
>he warned us

[Anonymous No.8565682]

>>8565516
It will, you think it will just crash in a few weeks/months? The reason these targets are set is not based on TA (not here atleast) its based on market psychology, bubble has popped boy. Now you can join the slow bleedout or get on BitMex and start making money.

[Anonymous No.8565774]

>>8564103
I was a Trumpfag before I came to /biz/. And I'm still one.

[Anonymous No.8565801]

>>8563971
Yes, gonna rebuy every fucking month.

[Anonymous No.8565880]

>>8564564
The thing is that the people that are still holding right now are already the type of people that will never sell and instead ride it all to 0.

If going by normie standards then we've been far below their bottom. Everyone that I knew was in crypto isn't in crypto anymore since February or has just given up on their crypto and won't even bother cashing out anymore "just in case it'll turn into a lot in 10 years time" and they don't even look at it.

Either this is the bottom if it's fueled by consumer behavior or it has a long way to go if institutional investors/whales start cashing out over those long dragged-out years.

[Anonymous No.8565954]

>>8563971
You corecucks are in anxiety. Alts are in depression and are giving less and less of a fuck about gramps shutting himself every day

[Anonymous No.8566034]

>>8564066
If that's true then I'm out. 2 years is a lot of time for me.

[Anonymous No.8566048]

>>8565774
>/poltard/ on /biz/
Seeing Elsa's head smashed with a bottle by Muhammad doesn't turn you anymore? kek

[Anonymous No.8566077]

>>8566034
I think we're already at the bottom and even I agree it'll take more than 2 years before a bullrun comes again.

Also are you really that impatient? I'm already an older dude and 2 years feels like an eyeblink to me.

[Anonymous No.8566080]

>>8566034
>If that's true then I'm out
bizfag gives up, Depression confirmed.

[Anonymous No.8566115]

>>8566048
turn you on*

[Anonymous No.8566426]

Market landscape is different now than it was, Governments beginning to seriously look into blockchain tech and cryptocurrency and projects are starting to take shape that unironically have use cases and a reason to exist rather than things like Bitcoin, Ltc, Doge w/e now most "serious" blockchain startups are aiming to solve an issue or create a network infrastructure actual apps can function on in a useful way. The challenge comes in seperating the pointless issues from ones that actually exist.

IMHO people are mistaken in believing that they're too early or too late, unironically now is a perfect time to get into this sphere as it's transitioning from the conceptual stage of the tech to actually developing blockchain tech for use by big business and corporations even nations. The truth is that no one can KNOW that Bitcoin is gonna drop to 7/6/5/4/3/2/1k. The day draws closer and closer that BTC will be taken off of top spot. Until then it's just a ponzi game, but anyone who thinks now is a bad time to get involved in crypto or blockchain tech are wrong, you don't even have to buy/sell just be aware of what's happening and be prepared to get on board with a company or foundation you can actually confidently see the point in existing and being used.

The problem with being in the right place at the right time is that you don't know until it's actually happened. Idiots leaving cause they FOMO'd in to get rich quick and leaving after being burned without learning a lesson will be crying here in 2/3 years that they sold their 1000 token at 2 dollars each and it's now worth 100/1000/10000 whatever.

[Anonymous No.8566495]

>>8566426
Yes, there's definitely an unprecedented number of new crypto start-ups these days with all kinds of ambitious (and useless) ideas. Most of them will undoubtedly go bankrupt (but no earlier than they cash out their ICO money). This is when we'll see the second wave of despair.

[Anonymous No.8566668]

>>8566495
>>8566426
Yeah it seems like anyone can start a project and the founders are whales that just pump the hype then dump their shit and cash out. Not encouraging at all

[Anonymous No.8566794]

>>8564250
And a pretentious teenager is no better. So how about you stop maymaying and actually post an argument you faggot

[Anonymous No.8567117]

>>8563971
M8 we're not even at capitulation

[Anonymous No.8567190]

>>8566426
This anon knows what's up, first smart comment I've seen in this thread. It only took you guys about 55 tries.

[Anonymous No.8567395]

>>8563971
UGHHH you fucking faggots. 4k-3.5k floor..............................than we start goin up after new years again to over 400,000 each.

[Anonymous No.8567423]

>>8567395
this

[Anonymous No.8567516]

Does anyone here know how to look at bitcoin on an inverse chart? Don't see any options on trading view, I wanna see just how bullish we are on the inverse.

[Anonymous No.8567569]

>>8567516
flip the chart horizontally

[Anonymous No.8567585]

>>8567516
just put 1- before the symbol
like 1-BTCUSD

[Anonymous No.8567674]

>>8565880
Together we hold, deluded we fall

[Anonymous No.8567720]

>>8567674
Let's fall together! Come on come on let's fall together!

[Anonymous No.8567782]

>>8567720
>let's fall together

[Anonymous No.8567921]

Thankfully, I can wait it out for years until the market turns back again. I just have to wageslave again. Might be good, I haven't really been that happy being unemployed and just trading crypto.

[Anonymous No.8567938]

>>8564303
because the costs saved in other areas will provide more profit than the costs of using the DLT, as with any innovation you dumbass.

[Anonymous No.8567945]

>>8567921
Maybe because you didn't make enough money? I was pretty happy trading cryptos the profits turned made me surge with adrenaline.

[Anonymous No.8567993]

>>8567945
Nah, I was 10x in january, made quite a bit, didn't cash out though, so still holding.

It's just not that interesting anymore, we are all pretty much waiting for tokens to actually launch mainnet and get usage.

Also, my personal life is kind of fucked up, I think my parents are disappointed in me, they would be happy to know I found a job at a firm or something.

[Anonymous No.8568348]

>>8567585

Thanks bro

[Anonymous No.8568443]

>>8563971
It won't be this big anymore because once it begins to grow everybody will be trying to cash out at the highest peak before everything will crash again.

[Anonymous No.8568460]

>>8564733
For now. Bitcoin is a metric for an immature market.

[Anonymous No.8568477]

>>8565537
Buffet doesn't understand how to approach technology from an investment perspective. He admits to it.

[Anonymous No.8568497]

>>8568443
Fucking retard no one knows the peak that's the whole point no one wants to sell when its going up, only people with a brain or experience and control of emotional trading

[Anonymous No.8568604]

>>8568497
People will cash out at what they think is a new peak, thus it will be rise-and-crash until everyone lose any interest.

[Anonymous No.8568653]

>>8565485
No, what he's talking about is blockchain's ability to create trustless systems, but the trustlessness increases as a function of the amount of different nodes. Businesses have to outsource nodes, otherwise they wouldn't be trustless.

[Anonymous No.8568933]

>>8568477
He has a pretty good idea about market psychology

[Anonymous No.8569003]

>>8568653
Has it occured to you that they don't seek absolute trustlessness? They all know who they interact with, they can see who is who. It's not a completely anarchic environment that crypto is geared towards.

[Anonymous No.8569070]

>>8564066
So ChainLink for sure has no hope of mooning and making Ethereum type gains?

[Anonymous No.8569082]

Kek

[Anonymous No.8569192]

>>8565155
>t. bought at $19k

[Anonymous No.8569398]

>>8564066
Are you fucking retarded? 2 years?
More and more companies are investing in blockchain and it's getting popular by the day. This shit is going exponential in the next bullrun, which is surely happening this year. Crypto is not a hidden internet thing anymore, it's getting into mainstream as we speak.

[Anonymous No.8569573]

>>8569398
>surely happening this year

[Anonymous No.8569830]

>>8563971
WHO SHORTED THE MARKET??
WHY DID THE GOVERNMENT ALLOW THIS TO HAPPEN?
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

[Anonymous No.8569937]

>>8569830

[Anonymous No.8569992]

>>8563971
Pajeet spotted.
Simplified not simplifyed.

That said there's a recession very 10 years so it's about time.

[Anonymous No.8570077]

>>8563971
Haha this is the usual.. weenies. You should be buying now.

[Anonymous No.8570170]

>>8569992
Dun yoo flacken told too mean lie dat