[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 97 KB, 1838x861, 685689.png [View same] [iqdb] [saucenao] [google]
12570925 No.12570925 [Reply] [Original]

>he's not all in

>> No.12570949

>>12570925
You're "bull trap" mark was anything but. Nice try though pajeet, but this is a shitty meme line attempt.

>> No.12570957

>>12570949
nice try shlomo

>> No.12570960

nice meme lines

>> No.12570976

>>12570949
It’s the bottom, crypto is the most volatile asset class so everyone sold their crypto first during the stock market volatility. After the selling of stocks where do you think the money will go? Most ppl will be completely risk off but I know for a fact some hedge fund fags can’t wait to short FANG and long crypto right now. I’m not an insider per se but I have access to people who run funds and their opinions.

>> No.12570994

It's dead Jim

>> No.12571024
File: 133 KB, 1838x861, 1548622118612.png [View same] [iqdb] [saucenao] [google]
12571024

>>12570925

>> No.12571028

>>12570976
We get crypto opinions from all the gurus, hedge fund managers etc.They were all wrong last year and were calling 50k-100k btc by year end.They dont know shit like the rest of us.

>> No.12571062
File: 69 KB, 600x350, women-laughing.jpg [View same] [iqdb] [saucenao] [google]
12571062

>>12570925
>he does TA on total crypto market cap

>> No.12571100

>>12571024
why is everyone mocking anal stimulation

>> No.12571105

>>12571100
>why is everyone mocking anal stimulation
horrifying, I know. I was shocked for a few weeks since I'm mostly used to reddit but I htink most people here are just joking. They like edgy humor

>> No.12571123

>>12571028
Those who make money don’t talk much brodie. Only inner circle people. The body language does the talking. These guys don’t make price predictions they buy with a large margin of safety and dump on people at the top

>> No.12571138

>>12571028
The same idiots call for another 60% drop now.

>> No.12571175

>>12571138
>The same idiots call for another 60% drop now.
what if they're correct?

>> No.12571189

>>12571175
Volatility too low to warrant that. Pretty much anyone who’s left isn’t going to capitulate they’ve already gone through hell or capitalized on the bubble pop

>> No.12571202

>>12571175
Then I'm the idiot

>> No.12571204

>>12571189
>Volatility too low to warrant that. Pretty much anyone who’s left isn’t going to capitulate they’ve already gone through hell or capitalized on the bubble pop
how is now any different from 6k?

>> No.12571230
File: 73 KB, 720x709, 1533855023438.jpg [View same] [iqdb] [saucenao] [google]
12571230

>>12571028
Mother fucker Tone vays was calling a drop for a while. I didnt listen to that Slavic turd and now im stuck riding out my position.

>> No.12571242

>>12571204
You think now is the same? Short numbers are waaay too high, too many people thinking the same thing.

>> No.12571245

>>12571242
>You think now is the same? Short numbers are waaay too high, too many people thinking the same thing.
Aren't shorts extremely low?

>> No.12571259

it's really looking bad...

>> No.12571268

>>12571245
What time frame are you on? We’re talking about whole market cycles here.

https://coingape.com/btc-usd-shorts-hit-all-time-high/

>> No.12571307

>>12571230
How do I marry her?

>> No.12571311

>>12570925

Jesus we haven't even capitulated yet new fag

>> No.12571320

>>12571311
>Jesus we haven't even capitulated yet new fag
wew

>> No.12571327

OP you, and your Twitter retarded friends, that do TA on the total market cap don’t understand a shit.

You can’t mix it while that are shitcoins like LINK that just hit its ATH and 15k sats is like Bitcoin at $19k and other shitcoins that are in accumulation zone/flat dead

>> No.12571358
File: 27 KB, 480x360, 1535133751481.jpg [View same] [iqdb] [saucenao] [google]
12571358

9 bearish posters
2 bullish posters

i declare the bottom to be IN

>> No.12571368

>>12571242
Except they are not, that article is from over a month ago you fucktard.
Here are long vs shorts
Long:
https://www.tradingview.com/symbols/BTCUSDLONGS/
Short:
https://www.tradingview.com/symbols/BTCUSDSHORTS/

>> No.12571434

>>12571368
Ok go short bitcoin then. Not building a position right now is absolutely foolish, since a month ago shorts were at an all time high.

>> No.12571452

>>12571368
God I thought about this again and I can’t believe how much of a faggot aren’t for responding with that

>> No.12571461

>>12571452
You are*

>> No.12571485
File: 23 KB, 399x225, 1548514935554.jpg [View same] [iqdb] [saucenao] [google]
12571485

based and redpilled

>> No.12571495
File: 46 KB, 645x729, brainlet1.jpg [View same] [iqdb] [saucenao] [google]
12571495

>>12571434
> A month ago shorts were at ATH that means bottom is in
Shorts were at ATH in september too. I guess the bottom was in then already.

>> No.12571502
File: 490 KB, 449x401, 1548348541183.png [View same] [iqdb] [saucenao] [google]
12571502

>>12571062
TA works on all asset charts, including combined
what, you think Wall Street trades SPX on "muh feefees"?

>> No.12571506

>>12571495
Yeah but you didn’t read what I said about the stock market too

>> No.12571515

>>12571502
Wall Street does not trade on TA fucking mongoloid.

>> No.12571531

>>12571506
You think those people will invest in crypto before a clear trend reversal is in place? Good luck with that.

>> No.12571538

>>12571531
Dude September didn’t have the drop like this one. Chill the fuck out. The early birds are forming the bottom as we speak. I’m starting to really hate /biz/ now. You guys are stupid

>> No.12571570

>>12571515
They use support and resistance for example. They analyze volume too. Man 99% of people here are fucking retarded and have no insight. We used to discuss real good stuff here. We truly got an influx of normies.

>> No.12571590

>>12571538
>Mom, biz is not agreeing with my point. Clearly they are all stupid and i hate them now.
Then fuck off if you can't take someone disagreeing with you.

>> No.12571604

>>12571590
Slander. I responded with my arguments. You’re the one who can’t take shit cause you’re a pussy looking for reasons to short an asset that’s down like 80%. Lmao

>> No.12571649

>>12571604
I showed you proof that shorts are lower than longs and refuted your point, you are speculating that people will invest based on what you heard, that is not evidence. But sure go ahead and believe that this is the bottom, we will know in a few weeks anyway.

>> No.12571665

>>12571515
they do, just not the type of TA designated for retail plebs.

>> No.12571667

>>12571649
Bro you’re not understand that the people holding right now aren’t going to sell. retail is gone man

>> No.12572035

>>12571502
ok. where can I buy the asset pegged to the total market cap of crypto? Are you using it as a stand in for BTC? If you are, why not just chart BTC instead of getting 45% noise from alts?

>> No.12572368

>>12571230
He did? I didn't hear that in his last cock sucking video, but he was double-stuffed so maybe I need captions.

>> No.12572762

>>12571105
maybe it's time you went back to that shithole

>> No.12572915
File: 260 KB, 1830x939, itsover.jpg [View same] [iqdb] [saucenao] [google]
12572915

>> No.12573210

>>12571667
Idiot, miners sell every month.

>> No.12573229

>>12573210
Unfortunately, this. They have millions of dollars per day in electricity they need to be covering.
Thanks for the dose of hopium though op.

>> No.12573235

>>12573229
hashrate has stabilized though

https://bitinfocharts.com/comparison/bitcoin-hashrate.html

>> No.12573247

>>12573229
Still, the fact that miners spend so much money mining Bitcoin proves it has value, and proves it will go up again in the long term. I think currently more money is spent in Bitcoin mining than gold mining.
Just be fucking patient guys it will recover.
Give it 4 years.
If you are shit coins however...
.... Yeah.....
Good luck

>> No.12573516
File: 42 KB, 993x511, 1521994968333.png [View same] [iqdb] [saucenao] [google]
12573516

it's too obvious it's scary

>> No.12573580

>>12573516
Why should I trust the green crayon?

>> No.12573944

Guys. I'm telling you this because I love you.
We're going sub two thousand before we see a new all time high. We will drop again in February. We've got another bear market all through this year.

>> No.12573965

>>12573944
True.
Perhaps stagnation for 2 years .

>> No.12574013

>>12573965
The real scare will be if we drop below the 1400 marks (I think I have that price correct). Because that would mean we'd have dropped below the the all time of the last cycle. Which shouldn't happen in the market.
That would cause absolute capitulation imo
I don't think we'd see that in February or within the next few months. But if it continue to bleed we could expect it this year.

>> No.12574026

>>12573516
That's actually very compelling. Still see a retest of 3200 coming though.

>> No.12574074

>>12574013
Ah there's too much money in it to go down that low. There is a reason market makers are squeezing miners so tight.
I think JP MOrgan predicted the bottom to be 1400, so I'm thinking the bottom is at 2k.
Last time JP Morgan in September called the bottom at 2.2k but the actual bottom was 2.8k

>> No.12574090

>>12574013
Bitcoiners will be fine.
Alt Coiners
However....
Sorry guys!
I know you won't listen anyways haha.
But still..

>> No.12574126

>>12574090
If we bleed to sub two thousand and go sideways for, let's say, three years. Are you saying you're going to be fine?
In a sideways bear market for three years?

>> No.12574158

>>12574126
Two years for accumulation.
Last one and a half year slow climb to new all time high.
Sell mid 2022.

>> No.12574163

>>12574126
Yea that's still a 10x since 2015
Plus we have cash to live on and buy cheap if that happens

>> No.12574179

>>12574158
Last time took 18 months from halving so November or December 2021 or early 2022 it'll peak

>> No.12574208

>>12574179
By then enough normies will have gotten savings to dump back into it. Not to mention next generation of Losers who dump in every pay cheque even after it has dumped out of desperation.
For the last sentence alone it goes to show that a Bitcoin dump is not to be feared it is a gradual process.

>> No.12574301

It would be a good mining opportunity again (most likely) if it could drop to those prices and a lot of the bigger mining giants couldn't sustain a three year bear market.

>> No.12574771
File: 390 KB, 1231x1641, A95E6912-292F-4905-ADDC-10C59876AF41.jpg [View same] [iqdb] [saucenao] [google]
12574771

>>12573235
Does this pattern look familiar? I would even say it looks classic... get it?

>> No.12575166
File: 27 KB, 568x338, 1547842100090.jpg [View same] [iqdb] [saucenao] [google]
12575166

>>12571515
>>12571570
bait

>> No.12575612
File: 98 KB, 480x480, wvlVKaJ.png [View same] [iqdb] [saucenao] [google]
12575612

>>12574074
JPMorgan also called for a bull market in commodities a couple years back. They're bullshit artists

>> No.12576305
File: 165 KB, 1200x879, 0.5.png [View same] [iqdb] [saucenao] [google]
12576305

>> No.12576314

>>12573944
>We're going sub two thousand before we see a new all time high
why?

>> No.12576337

>>12576305
>tfw starting to measure my life in terms of distance from the halvening
I have become... something more... than human...

>> No.12576354

>>12574013
I mean I fucking hope not it won’t recover for years in that case. On the bright side I could accumulate more and be way richer but it would take longer ...

>> No.12576388

>>12573516
This does indeed look good. If bitcoin isn't going to die completely then the bottom has to be around here.

>> No.12576404

>>12576354
>I mean I fucking hope not it won’t recover for years in that case. On the bright side I could accumulate more and be way richer but it would take longer ...
tfw we become the next boomers waiting for our retirement bitcoin halving

>> No.12576443
File: 112 KB, 600x800, real3.jpg [View same] [iqdb] [saucenao] [google]
12576443

>>12570925
>Total marketcap
>Thinking alts won't continue to shit the bed hard as BTC slips below the $3500 support and resumes the downward trend.
You haven't begun to comprehend the meaning of 'pain,' fren.

>> No.12576497

>>12572915
One issue with this is that you need that red whick from the first bottom to confirm the second bottom. We also don't have even close to the volume.

>> No.12576555
File: 141 KB, 1516x860, btc q1 dump.png [View same] [iqdb] [saucenao] [google]
12576555

posted this last night

>> No.12576570

>>12576555
What's this chart supposed to show? Are we about to break the downtrend?

>> No.12576829

>>12574771
No it does not. It is a hashrate pattern. Nothing else. The price went down to the point that miners started to make a loss in 2014. Why would this bear be different?
The hashrate drop has already been more significant than then.