/biz/ - Business & Finance

unmoronically this

>>11384682
Kek. Use an upt to date chart pls.

>>11384682
>Using TA
>Tafags btfo

What did he mean by this?

>>11384682
finally a faggot i agree with

>>11384682
>$8200

REAL

Thanks for the laugh op

>>11384682
every time that is mentioned the boomes come out of their houses and start screaming

>>11384682
you seriously think attention and enthusiasm havent happened yet?

There will never be another bullrun.

>>11384908

No, but awareness did.

Unironically this but there will actually be another dump past 6k

>>11384914
there will never be another price increase!
because mining blocks costs don't go up and bitcoin has an infinite supply!
wait

>>11384682
It's confusing because we have definitely been through most of the emotional stages of this chart, but institutional investors have barely touched this shit yet. Which is why any future predictions about price action are bullshit, crypto went straight from smart money to public money and institutions are just getting in now, which is unprecedented. It's anyone's guess how that'll drive the price in the long term, it may just grow a steady 3% per year from here forever as institutions get in slowly, becaues public FOMO money has already blown its wad and may never come back for sloppy seconds.

>>11385268
Public fomo is happening again. I get calls from my family every week asking me how to buy bitcoin.

>>11384682
You fucking wish

OP is right

>>11384682
One can dream.

I personally am back to my pre-crypto life, fuck everything.
At least business related threads are poping up again on biz, so I have something to lurk.

>>11384682

we've been there like 20x in the past 6 months according to biz.

>>11384682
I think we still can't know for sure what will happen by year end. Bitcoin had a crazy run last year that didn't really start to pop off until mid to late November.

If not this year though, I think next year we'll see similar action to 2017 just at higher starting levels. Bitcoin was $600ish around this time of year in 2016.

>>11384682
>>11385852
With the increasingly limited mental capacity and attention spans of the general public, 2 years is enough time for sentiment to completely reset and trigger another epic FOMO bullrun.

Is there some secret fud channel I'm not part of or are you all actually this retarded?

https://www.financemagnates.com/cryptocurrency/exchange/coinbase-index-fund-reportedly-shutting-down-after-four-months/

We're already past the hype and we're entering the "return to normal".

During this time, people with a shit ton of crypto can crash the market, sure, but that still doesn't change the halvening date it just means that shit is on sale for 80-90% off 2021 prices. :^)

>>11385268
The public are dumb during December/January it was all about Bitcoin with the insane run up, if you asked normies to name 3 coins not from Coinbase they would stare at you blank. Personally I think normies are burnt out by BTC and ETH could be the front runner .

>>11384717
TA stands for trend analysis. He's not analyzing any trends, literally just drew one long line out of nowhere.

>>11384682

world population is growing fast

if this doesn't happen next year it will for sure happen in 2022

>>11386616
*technical, you noob

>>11386219
>muh flippening
That was the narrative that drove the mania last year. "Hoh my god, XRP is only $3, but bitcoin is like $10000, imagine if XRP gets to 10k!"

>>11385268
Its funny like every one says here "Institunional Investors" are not in yet. Do you personally know one ? And if yes, are you so well with them connected that they let in their circle and just opened about their investment to you?

Of course publicly there are very few who invested within their VCs but privatly there must be a lot of people who made bank.

>>11385852
Kek
What the fuck ever happened to that bitch and TBC?

>>11384826
shut up, it make me feel nostalgic!

just chill all of you. we are just at the beginning

>>11385369
They're a little retarded, it seems.
Not you, only your family.

everyone argues over a chart but fails to acknowledge that we are ONLY 10 YEARS INTO CRYPTO.
So really, you only have to answer yourself this to invest with conviction: did crypto peak and fizzle out all within 10 years, before the inevitable ball of debt comes crashing down? or is 10 years nothing on a technological scale, and the best (or worst, depending on frame of reference) is yet to come.
I believe the latter. Future generations will only be more and more fucked to keep up this existing paradigm. Crypto is an obvious safe-haven from the powers that be, whom do the fuckin' ya see?
Best of luck gentlemen. Buy Monero. Taint will be a big issue in the future.

>>11384682
Look at the chart again.
We are at feb 2014.

>>11385876
There will never be another bullrun.

>>11388389
Not to mention that every country in the world is eating their young financially. The young are increasingly disenfranchised and some of them are brilliant. The upcoming gold rush due to permisionless innovation + ai will unlock an insane amount of value.