/biz/ - Business & Finance

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Will we ever have a year like 2017? Anonymous Wed Apr 4 01:09:29 2018 No.8736467 [Reply] [Original]

Or the moon was $19k?

>ICO craze
>Bitconnect
>Coinbase #1 in the AppStore
>Crypto models/niggers/moms/Youtubers/Twitters
>CNBC telling people how to buy shitcoins
>Forks craze
>Katy Perry asking questions about cryptos to Warren Buffett

I read bullshit about institutional money and I'm sure that there will always be fish in the sea, but we need something really huge to go parabolic again and I don't see it right now.

>>	Anonymous Wed Apr 4 01:11:01 2018 No.8736489 >>8736467 >2016 was year of the /pol/ >2017 was year of the /biz/raeli whats next?

>>	Anonymous Wed Apr 4 01:12:16 2018 No.8736498 >>8736489 /x/phile...because I want high strangeness to happen

>>	Anonymous Wed Apr 4 01:12:56 2018 No.8736508 File: 9 KB, 232x217, 1508733859865.jpg [View same] [iqdb] [saucenao] [google] >>8736467 w-was that the peak

Anonymous Wed Apr 4 01:13:44 2018 No.8736516

>>8736467
...Anonymous
04/04/18(Wed)01:11:27 No.764845713
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Anonymous Wed Apr 4 01:15:20 2018 No.8736536

2017 popped too fast to really have tapped into normie money. Normies started looking into it in late November/early December but by the time they thought to invest the price had tanked and they instead began smugly commenting about how they avoided "the biggest ponzi scheme in history." When BTC recovers to $15,000, then passes $20,000 without a collapse, they'll see the train departing again and FOMO hard. That's why this peak will be far higher than 2017's (although it will also burst just as hard, if not harder, so make sure you don't get greedy).

>>	Anonymous Wed Apr 4 01:34:56 2018 No.8736737 >>8736536 I acctually expect a fake bubble to $38k+burst to $15k, then the golden bubble to $139k in 2020.

>>	Anonymous Wed Apr 4 01:45:20 2018 No.8736841 >>8736737 Oddly specific numbers. Any reason why? Do you foresee $38k this year or is that a 2019 prediction?

>>	Anonymous Wed Apr 4 01:50:23 2018 No.8736892 >>8736536 this, back in december just about everyone had heard of bitcoin and had a vague idea about what it was and that it was mooning, but very few actually ended up putting money in

>>	Anonymous Wed Apr 4 01:53:06 2018 No.8736919 >>8736536 This. And any that were interested in buying had trouble even finding exchanges that were available to trade on besides CB/GDAX at the time since they were all closed off to new user registration.

>>	⭐⭐Anonymous⭐⭐ Wed Apr 4 01:55:06 2018 No.8736946 >>8736536 This. Get in on the ground floor boys, the sell of is almost over.

Anonymous Wed Apr 4 01:56:04 2018 No.8736960
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>>8736467
There will totally be another bubble, just keep bagholding while everyone else exits with your money, your internet pogs are gonna be soooooo in demand soon, just wait!

Anonymous Wed Apr 4 01:57:58 2018 No.8736979

>>8736467
I'm sure everyone thought $1,000 was the moon back in 2013.

December 2017 was just the end of a year-long hype cycle. We've entered the cooldown period now. Next bull cycle people are going to be hyped for Bitcoin again like the fall. Once that eventually ends, people are gonna panic that $50k was "the real peak".

Rinse and repeat until next hype cycle.

>>	Anonymous Wed Apr 4 01:58:48 2018 No.8736984 >>8736467 Institutional money will come via OTC which barely affects price

Anonymous Wed Apr 4 02:01:54 2018 No.8737024

>>8736536
>>8736892
>>8736919
>>8736946
>>8736979
yup. since stumbling on this gem expect to see it sometimes in response to people saying we'll never see months like nov-dec 17 again

>March 30 2014
>Bitcoin had it's time to shine. 4 months ago it was on every news station, in newspapers, radio, in primetime TV shows and social media because it made a few millionaires. Everyone took notice of it. Now that it had hit it's peak (an amazing $1200 a coin) it won't ever hit that again. The general public has forgotten about it and you need more acceptance with the actual public for something to retain value.

>>>/biz/thread/S249885

>>	Anonymous Wed Apr 4 02:07:49 2018 No.8737076 >>8737024 >Bitcoin is losing value because the average person doesn't know what the hell it even is or even care Ironic that people say the reason it’s losing value now is because too many people know about it already.

>>	Anonymous Wed Apr 4 02:36:55 2018 No.8737388 >>8737024 It has to stop sometime, it can't go on forever, I think December will be remembered as the peak, but we'll see.

>>	Anonymous Wed Apr 4 04:47:42 2018 No.8738501 >>8737024 >>8736979 >>8736946 >>8736919 >>8736892 >>8736737 >>8736536 You are all forgetting that bitcoin is unscalable. Even at around 20k it had trouble processing transactions with the fees being absurdly high.

>>	Anonymous Wed Apr 4 04:50:51 2018 No.8738517 >>8736489 Absolutely right. I've been wondering for months. Is our next move /g/? What the hell do we do? Let's pretend we all got rich. What's the next step of things to do with our money? Is it /g/?

>>	Anonymous Wed Apr 4 04:52:46 2018 No.8738534 >>8736467 get reked OP, I like the low prices.

Anonymous Wed Apr 4 04:56:56 2018 No.8738569

>>8736536
I had a bunch of family that knew I was in crypto asking me if they should get in in November/December. Really glad that I told them to stay out now and that they listened, I'm sure they'd blame me if they'd gotten in. As it is the only other people I know who are in crypto is my mom, who has me manage her investments, and my ex-boss. I bought a small amount for her in 2013 and my ex-boss got in in 2012. He was smarter than me though and actually sold 1/4 of his stack in December.

>>	Anonymous Wed Apr 4 04:58:10 2018 No.8738577 >>8738517 /k/

>>	Anonymous Wed Apr 4 05:09:13 2018 No.8738668 Daily reminder that institutional money is just a meme

>>	Anonymous Wed Apr 4 05:41:24 2018 No.8738933 >>8738501 Lightning will fix that

>>	⭐⭐Anonymous⭐⭐ Wed Apr 4 05:43:50 2018 No.8738951 >>8738501 That had nothing to do with price. There will be time where 20k is considered "dead floor" with no volume.

>>	Anonymous Wed Apr 4 05:46:05 2018 No.8738975 >>8736467 How many institutions have bought up exchanges? Ask yourself that question. Why is Wall Street interested in a blockchain project for pension funds? Blockchain and cryptos get Wall Street guys hard.

>>	Anonymous Wed Apr 4 05:46:42 2018 No.8738980 >>8738951 That has to do with usage >>8738933 LN is garbage, it's an unbelievably wretched solution

Anonymous Wed Apr 4 06:02:54 2018 No.8739150
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>>8738517
>>8736489
we need a new board, dedicated to investing in exponential technologies, and how to rebuild society from the ground up
/sci/ seems dedicated to science and math discussions, not so much speculative studies
/g/ is more geared to IT, rather than biotech, AI, energy etc.
/pol/ is already too saturated

Maybe /biz/ just evolves to the next phase once DLT adoption is peaking, and the cryptocurrency market is more stabilized.

>>	Anonymous Wed Apr 4 06:41:34 2018 No.8739503 >>8736841 I read some analysis anon. Didn't tell anything about timing.

>>	Anonymous Wed Apr 4 06:45:10 2018 No.8739530 Just start a new scam. Something complex when viewed simplistically by the average Joe looks like a great money maker.

>>	Anonymous Wed Apr 4 06:47:16 2018 No.8739546 >>8738980 Antonopoulos makes some solid claims towards it. Watch his video

>>	Anonymous Wed Apr 4 08:07:42 2018 No.8740280 >>8738501 Literally does not matter. Scalability will come do not underestimate the banker elite.

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