/biz/ - Business & Finance

Where are we on this chart in terms of the entire crypto market since Bitcoin was invented in 2009?

Personally, I think we just reached "institutional investors" after takeoff (ETFs).

>>28634048
It all depends on the overall market, anon. We are somewhere between enthusiasm and delusion. If we get another 6 month, I am convinced we should see a 4x - 8x. that would give it a MC of $3.5 - $7bn, so somewhere between #28 and #14 at current market valuations.

Now, I wouldn't say you should all in REN - I bought in 2018 and 2019 and have enough for 3 nodes. Not currently running any because I want to sell if we get closer to the top.

But I DO think that REN doesn't have exhausted its potential.

Hold on to your seats gentlemen, we have passed the bear trap.

We are now at the bull trap.

>>27106786
OH MY G_D I'M DOOOOOOOOOOOMPINGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG

Can't wait for the despair dip.

>>26925389
I slept after the 10 AM pump and it 4x'd from the dip. We are at the VERY BEGINNING of this surge. If you don't buy in now, you're going to shoot yourself in about a week.

>>26345598
If this corona shit proved anything, it's that real world events are the only factors that really matter when it comes to crypto. No amount of draconian esoteric line-drawing analyzing the markets will make predictions more accurate than simple foresight looking at the bigger picture in the real world. Crypto is being attacked by the establishment and there's more going against it than for it, I look forward to the mass mental breakdown on this board when pic related comes true.

OH N-

Bull trap, return to normal

>>23638502
Indexes unironically look like we are at the beginning of the fear stage