/biz/ - Business & Finance

>>11838988
You joke, but.....checked.

>>11838988
we all tried to warn them, I love how they pay the price now. Even if it was parabolic it would still have a long way down.

2k is the bottom

>>11839006
you imply the time before end of 2017 is the same as then. The market woke up last year at this time and it seems it has made a decision now.
DUMP

>>11839012
yeah and it would fall like that just coz

>>11839223
yes and no. It will move sideways in tight ranges for wall street to milk you faggots and after some time it will dip a level deeper. Look at the chart, it's plain to see.

>>11839582
more measured moves down?
Call me surprised faggot.
Go back playing with penny stocks of ghost companies Boomer

>>11839006
this is delusional

>>11838988
>calls others idiots
>doesn’t use a log chart

This is the definition of irony

>>11839648
>tries to measure real value
>uses log charts

>>11839634
it still predicts us going lower, just not forever
you're the delusional one retard

>>11839670
>money supply increases exponentially
>try to measure real value
>doesn't use log chart

>>11839697
half of biz are butthurt atlcoin hodlers that bought in december and are down literally 95+%
Half of the idiots who FUD BTC and think its going to 0 legitimately believe that their precious altcoin they're holding onto is going to moon again after BTC dies
THAT is how stupid these fuckers are

>>11839697
>>11839670
what do you guys use to measure dick length? exponential or linear? have you tried this one pill that scientists hate?

>>11839006
furthermore the time scale lines up with .382 and .618 levels with the fibonacci time cycle tool on trading view

>>11839634
no u

Open up trading view and look at the pattern yourself.. ask yourself.. do you think that satoshi didn't have a plan with regards to price??? and you think this will be the first time to disobey the prophecy????

>>11839714
If I had to measure my dick length in a centimeter that decreases exponentially every year I would use a fucking log ruler retard.

>>11839711
that doesnt mean crypto is going to zero you faggot

cryptos are like cockroaches.. the genie is out of the bottle.. even in a post apocalyptic world you know there would be networks hosting blockchains

>>11838988
I tried to warn you to.

>>11839714
if the size of the ruler I was using was made of an inflationary material that caused the ruler to shrink over time and my dick was able to exist in the 4th dimension and could only be measured relative to this imaginary ruler then I'd probably use log

feel so guud to be autistic.

>>11839734
I never said it was going to 0
altcoins will though

>>11839740

The fuck

>>11839634
it literally predicts 3k by Oct 2019 you dumb nigger.
we got a long time to go before this bear is over.

>>11839749
>altcoins

as if all the altcoins are the same and there wont be new ones and more pnds

>>11839749
you think in binary btw.. mark of a retard

we already saw what a flatlining market looked like and there were still plenty of scalping opportunities.. so the question is whether youre too pussy to learn how to daytrade?

>>11839766
literal brainlet.
>>11839714
does the price of bitcoin change over time or is it a constant value?
Do you know what was invented for CHANGING values because linear algebra wasn't suitable for it?
Calculus.
Jesus christ this is high school shit guys.

>>11839770
they're going to continue to die until only AFTER btc starts its next run
you will be justed harder than anyone on earth if you continue to hodl fucking alts. You will lose 90% of everything. And you will think its over. You hit the bottom, it couldn't possible go any further, right? You'll lose another 90%. You'll keep losing 90% of every little bit FOREVER

and then you'll be so upset you won't even look. Then when the next run starts, if you haven't killed yourself, you get to watch as BTC makes a new ATH while your shitcoin DIES. NO ONE CARES ABOUT YOUR SHIT COIN. Everyone is buying the new hip scam coin this time around in the alt season. Why would anyone buy your old piece of shit? Did you see the """white paper""" for neonospherecoin? It gets 100000000x more transaction speed than your piddly diddly 4 year old altcoin.
Maybe you'll get lucky and some whale will pump your absolute garbage shitcoin for the lulz but you won't even get back to 1/10th of what you lost

>>11839793
I sure hope you don't consider ETH a shitcoin.

>>11839800
ETH isn't a shitcoin but I wouldn't hold onto it buddy

Get kreshited faggot, this motherfuckers going down fireworks shit motherfucker

>>11839806
you're braindead.
I shouldn't have to explain the importance of a blockchain with it's own programming language.

>>11839793
so???? and there are few that might survive and already have merchant adoption

my point is there will most likely always be another pump to short with altcoins and if youre complaining you just havent done it yet

>>11839816
We're in a bear market and you're holding ALTS
WE'RE IN A BEAR MARKET AND YOU'RE HOLDING ALTS
We're in a bear market and you're holding ALTS
WE'RE IN A BEAR MARKET AND YOU'RE HOLDING ALTS
We're in a bear market and you're holding ALTS
WE'RE IN A BEAR MARKET AND YOU'RE HOLDING ALTS
We're in a bear market and you're holding ALTS
WE'RE IN A BEAR MARKET AND YOU'RE HOLDING ALTS

>>11839793
>holding

>>11839830
if you're not holding its fine
If you seriously are trying to catch the falling red hot chainsaw that is the altcoin market, god help your soul.
Just fucking wait for altcoin season in 2023

>>11839824
braindead. No shit it's going to lose value but ETH is literally the only decent successor to Bitcoin.
Blockchain can be more than just numbers for coins. If you don't understand what makes ETH worthwhile, then you don't understand what makes Bitcoin worthwhile.
99% of these other coins have no reason for existing and WILL NOT participate in the altcoin run of 2024.

>>11839006
kind of agree, but fuck man five more years wage slaving will suck ass

>>11839835
>waiting 4 years
>not looking at lower time scales

those chainsaws are often a bit more nuanced than that and they usually follow the ABC correction so catching the C momentum play is possible

also deadcat bounces are a thing and there is that one strategy with the fancy name i forgot it but look at pic related which is a 7 percent gain you could have had by going long after CONFIRMATION of a bounce on wave 4

also you can play equilibrium patterns

and take note that wicks can overlap on the 4 and 1 wave in leveraged volatile speculative markets

>>11839845
ETH is not a successor to bitcoin you fucking idiot. DYOR. They are completely different. I'll give you a hint, only one of them hasn't suffered hundreds of bugs, 51% attacks and network exploits.

>>11839956
>bitcoin has never encountered bugs
now I feel old

>>11840000
>reading comprehension
not the hundreds upon hundreds ETH has had in its shorter lifespan

>>11839956
>name calling
>I'll give you a hint
>DYOR
L O L ETH will succeed BTC, stay mad

>>11840048
enjoy losing everything

ZOOM OUT

This entire thread is pure garbage. Im going to use it as an example of why I need to stop coming to this place.

>>11839012
>>11839020
>all stocks start at $0.000 so it only makes sense that the same rules apply to crypto

>>11839582

>>11839845
>ETH is literally the only decent successor to Bitcoin.

>>11838988
does anybody know the cause or the factors that caused it? or just a fucking theory?

i just got into this trade and have already taken 1 percent profit with leverage (half of 2 percent because i exited half my position)

there are opportunities EVERY SECOND.. stop being pessimistic and just play the damn game

>>11840499
he was right about everything else, except that crypto is being backed up in different countries, specially mine, in Mexico. Banco de Mexico alredy published a set of rules about crypto. So, this is the new currency as much as some hate and love it.

https://en.wikipedia.org/wiki/Paul_Krugman

>Nobel prize for New Trade Theory
>similar to new monetary theory

LOL these are the people that say the government should protecc certain industries (corporate crony socialism) and they can borrow and print as much money as they want

the young turks LOL featured one of the new monetary theory scam artists grills and they said that austrian economics was racist and sexist LOLOL

>>11840974
forgot link:
https://youtu.be/TkDLagTs1eg

>>11840714
>doesn't even chart EW correctly

wew lad, good luck losing it all lmao

>>11841003
post your count then faggot

and i existed half my position in case it's an ABC correction

>>11841036
more than half*

im also short ADA and took 60 percent profit on that one too but it will probably get close to the trend line as it's making an equilibrium

>>11839694
>>11839711
>>11839740
>>11839749
>>11839793
>>11839806
>>11839824
>>11839835
>>11839956
>>11840026
>>11840063
I haven't been a part of crypto shit in like 7 months so I have no idea what the current news is. SO tell me, how exactly is Bitcoin going to rise up again? No seriously, when so many people have been bit in the ass, who exactly is going to come back to this when in 1 year the market lost over 10k? I want an actual, detailed explanation from (you) or anyone that truly believes this

>>11841036
lol wow you don't even understand what you're doing wrong hahahahah

>>11841074
no u

wicks can overlap and ew is always subjective so you have to play set ups where you can profit from either or

>>11841074
even if you aren't just a pathetic troll you are a faggot for not providing anything helpful

>>11841066
you overestimate the amount of peoples who bought
coinbase has less than 15M registered account

>>11841066
it doesnt matter as long as there are trades to make

eventually there is a dollar crisis which times PERFECTLY with the halvening.. financial markets have this weird way of synching technicals with fundamentals.. notice how the BCH thing happened right as we were breaking out of the triangle prophecy of bitcoin.. coincidence??? DMT??? Craig shorting the market??

>>11841066

>Over 7 billion people in the world
>~10 million unique people invested in BTC during 2017 bullrun

MUH WHO'S GOING TO BUY TELL ME EXPLATION NOW!

>>11841113
Not an argument

>>11841166
Conspiracies. But again, what is going to make average Joe, the main people that bumped Bitcoin and others up to where they were last year, decide to reinvest? Why in God's name would the poor bastard that invested at 18k last year ever want to return? What value does this have besides networking capabilities that could be harnessed by Microsoft, Apple, IBM, etc?

>>11841180
Not an argument

>>11841202
when their dollar crashes and they dont want to carry around gold with them all the time or some variation

and government subversion when a socialist is elected because the economy tanks with trump's bran on it

https://youtu.be/tsvud_CTRuk

and the halvening in general

and there is a difference between conspiracy and universal mysteries

>>11841248
>Peter Schiff

The same guy who also said crypto is a scam and won't ever break 20k. If this is bait, I'm semi-falling for it

and when the price is lower that means there is more volatility as less money makes the market.. notice how btc has seen price swings comparable to alts lately

>>11838988
i like how no one posts the updated form of this chart, you realize how wickedly outdated this is now? we've easily retreated 50-60% of that peak but noooo keep posting your propaganda

>>11841262
he misses the mark on crypto and ironically gold to but he is right about turmp, the fed, and the current stock market bubble and debt/dollar crisis

i think he's right about the potential for trump to be the fall guy patsy for the economy and dollar/debt crisis which would spawn a giga bernie type politician taking office

>>11841286
>he misses the mark on crypto
Yet what he said came true...

>>11841309
nah because he pretends that they dont have a use when they fundamentally do.. to subvert government

>>11841309
he says it's going to zero which just wont happen even if the marketcap gets very small it's likely that cryptos will be around in some form.. especially as long as there are violent statistics in control

cryptos are like cockroaches

>>11841331
violent statists***

>>11841263
Volatility has nothing to do with the price retard. It has to do with liquidity.

>>11841346
so then why are altcoins more volatile??

liquidity has to do with how fast your market orders get filled

>>11841352
>so then why are altcoins more volatile??
Because they are less liquid. Less liquidity means it takes less money to move the market. What will a $10,000 market buy to do bitcoin versus some low MC shitcoin?

UR HOLDING ALTS IN A BEAR MARKET LOL WHAT A RETARD
>many alts tremendously up in sats even now
I'm feeling a corecuck meltdown in the next few years

>>11838988
Joke's on you.
I'm still HDOLING.
BTC will be at $100k before christmas.
Screencap this.

>>11841414
I don't foresee that happening, and I'm one of the biggest Bitcoin fanboys on the planet.

>>11841377
i think it must be both?

https://www.investopedia.com/articles/optioninvestor/05/020205.asp

>As Figure 1 demonstrates, when the price of the S&P 500 (top plot) is moving lower, implied volatility (lower plot) is moving higher, and vice versa.

maybe im wrong about it being the underlying cause but it seems there is a correlation none the less and im too tired to think right now but i would think lower prices are easier to move.. but there are plenty of dead alts that have low volatility and low prices so maybe im wrong

>>11841464
forgot pic

>>11841464
yeah you are. stop posting.

>>11841377

https://www.buybitcoinworldwide.com/volatility-index/

if you look at the bottom chart you see volatility is going down as price goes down but in the short term it goes up with price

>>11841480
no im going to post now just to spite you

suck my dick faggot

>>11841464
>>11841486
Price is totally relative. It might correlate with volatility at times, but they're not intrinsically tied to one another. Volatility is just based on the volume:liquidity ratio.

>>11841486
>as price goes down
fuck i meant up

>>11841502
ok i still think it's going to be higher in the coming months and probably go in cycles like it has

>>11841066
Why did people come back after 2013? Why did the bull of 2017 happen despite people getting bit in the ass by the crash of 2011 and 2013?.
You realize a ton of people straight up got their money STOLEN with the Mt. Gox shit, right? This is nothing.

People said the same thing to people in 2014/2015, when all hope was lost, but then was the only smart time to buy pre-2017.
The markets are still pretty small when you look at it on a global scale. Bitcoin is supposed to be a global currency after all, but it's market cap is minuscule compared to even corporations.

>>11841202
>what is going to make average Joe, the main people that bumped Bitcoin and others up to where they were last year
>Why in God's name would the poor bastard that invested at 18k
The average joe was the idiot buying at 18k, not the whales pumping it up.
The average joe had no idea what bitcoin was until it hit the news that it broke 15k or some shit. Who do you think was pumping it before then? The average joes, despite the amount that got in, do not nearly have as much financial resources as the people who were pumping it up long before the average joe heard of this bull run.