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/biz/ - Business & Finance

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File: 102 KB, 851x488, btcbubble.jpg [View same] [iqdb] [saucenao] [google]
8843261 No.8843261 [Reply] [Original]

The bubble is popped, the bubble meme is officially dead.

>> No.8843325
File: 164 KB, 683x1168, 1523289100123.png [View same] [iqdb] [saucenao] [google]
8843325

>>8843261
Now what ?

>> No.8843375
File: 1.43 MB, 200x200, 1523249897169.gif [View same] [iqdb] [saucenao] [google]
8843375

>>8843325

>> No.8843396
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8843396

>>8843375
Who there ?

>> No.8843419

>>8843325

we'll trade sideways for a while... historically, bitcoin pops in the summer followed by a pullback until the end of fall, then parabola into the new year.

>> No.8843424

>>8843261
It will repeat again in 3-4 years.

>> No.8843430
File: 3.34 MB, 450x506, 1522983654809.gif [View same] [iqdb] [saucenao] [google]
8843430

B-But if we don't follow the bubble meme chart what chart do we follow

aaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa

>> No.8843437

>>8843424
>3-4 years
It will repeat in September when the MtGox dump commence, and then after New Year's Eve.

>> No.8843443

>>8843261
i like how those two charts look nothing alike lol

>> No.8843462

>>8843437
The expansion will end this fall, we are looking at another 2008. The faggot public needs to be able to take on credit card debt for a pump to work.

>> No.8843484
File: 386 KB, 1063x534, inversion.png [View same] [iqdb] [saucenao] [google]
8843484

>>8843462

>> No.8843485

>>8843443
Something about past performance and predicting the future, maybe?

>> No.8843489
File: 83 KB, 900x900, flat900x900070f.u1.jpg [View same] [iqdb] [saucenao] [google]
8843489

>Linear scale

>> No.8843501

>>8843443
there are no "text book" charts fella. this is as close as it gets.

the bubble meme is dead regardless.

>> No.8843507

>>8843485
well the first half looks identical, but the second half doesn't resemble a single candle

>> No.8843526

>>8843484
>shows chart form 2007

nice one guy. thanks.

>> No.8843554

>>8843507
>b-but they don't line up perfectly

rarely do these things ever line up perfectly.

>> No.8843560

>>8843526
2007-2018
what a retard...

>> No.8843561

>>8843419
Isn't that too early ?
We need some catalyst, I think.

>> No.8843564
File: 56 KB, 432x758, Screenshot_2018-04-10-20-07-27-1.png [View same] [iqdb] [saucenao] [google]
8843564

BUBEL IS OVER. GROG BYE STONE NOW. GROG RICH IN 365 SUNS

>> No.8843571

>>8843507
Have you ever considered that this might because the charts do not represent the same phenomenon?

>> No.8843582

>>8843261
dead my ass. You're gonna see the same fucking graph posted by brainlets here sooner rather than later.

>> No.8843604

>>8843571
b.. but muh bubble graph is true all the time!

>> No.8843615

>>8843564
>Kraken charts
high quality chart there fella

>> No.8843632

>>8843560
>post an unrelated, irreverent chart in thread
>calls OP a retard

>> No.8843660

>>8843564
wow grog can count mor than 10

>> No.8843688

regardless of whether they match up identical or not... the fucking bubble is popped faggots...

we are returning to the mean. That support line was drawn from a low in July 2017 aka the "smart money" period of the bubble meme.

>> No.8844058
File: 171 KB, 1634x1096, four-stages-chart.jpg [View same] [iqdb] [saucenao] [google]
8844058

>>8843261
M8 you haven't even begun to imagine the possibilities

>> No.8844112

>>8844058
First sell off was seven years ago.

>> No.8844140

>>8843564
wow 1000-2000 so much bigger than 19000-20000
why dat?

>> No.8844309

>>8844140
Because going from 1000 to 2000 isnt the same as going from 10000 to 11000.

>> No.8844383

>>8844140
Example for brainlets.
Put all your money on bitcoin at $1000 = 2x when it reaches $2000.
Put all your money on bitcoin at $10000 = 2x when it reaches $20000.
Its called a log scale, the distance between multiplicator factors remains the same (distance between 1000 and 2000 = distance between 10k and 20k.)

>> No.8844403

>>8844383
so what you're saying is
100k EOY confirmed?

>> No.8844506

>>8844383
great explanation, thnx
but bubble pop chart is not a logscale no?
thnx

>> No.8844605
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8844605

>>8844309
>+1000 each
>not same
>biz math
I don’t even

>> No.8844608

>>8844403
Although the multiplicator factor remains the same, the difficult to climb gets higher. Going from 1k to 2k is much easier than 10k to 20k.
I dont think the correction is over, but i also dont believe the "the bubble" is over. I truly believe crypto will reach at the very least 1 trillion dollars in the future. The only question is when.
If projects focusing on smartcontract technology deliver and slowly get adopted, the bubble will reach a couple trillions by 2020-2022. That is, of course, just my opinion

>> No.8844614

>>8843261

i agree with you anon. Drew the same conclusion this week and i've been buying for 3 days straight now. This is the moment to enter the market folks.

>> No.8844688

>>8844614
When is your exit?

>> No.8844695

>>8843261
fix your cloud settings that looks like default.

>> No.8844739
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8844739

exit the market at the bottom... yes?

>> No.8844770

>>8844605
From $.00 to $.01 was a far more significant movement than $10000 to $11000, same principle.

>> No.8844832

>>8844695
what do you suggest anon?

>> No.8845350

>>8844112
At $8. Hardly a sell off

>> No.8845990
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8845990

>>8843261
A bubble is a circle not a line you retard

>> No.8846440

>>8843261
BS
Explain first sell off on meme chart then.
At those low volumes it as surely when smart money dumped, right?