/biz/ - Business & Finance

how difficult is it to accept that btc won't fucking hit 5k in 2019 ffs????

>>13062540
it wont even get that high tbf

>>13062540
We're going to $2k

>>13062554
Fuck you. Stay poor faggot.

>>13062554
Needs to test 5k to dump to sub 3k

>>13062562
triggered?

>>13062540
B-But we crab now?

>>13062554
>>13062556
we just need to crush near resistance then sky are clear up to $5k also between $5k and $6k sky is mostly clear too but $6k is monster resistance

get fucked bears

>>13062581
no bull run til btc above 8k. simple as that. and impossible for at least another year. but keep your hopes up high, /biz.......

>>13062540
Last time we broke down from mid 6k end of triangle.

For this new end of triangle, we break down to 2.5

nothing will happen. crabmarket until 2030

>>13062596
>/biz
i think we're close to the end of the bear market

SUMMONING ALL BOBOS PLEASE DUMP THIS NIGGER DOWN

Bobos can only keep rejecting the 4k zone so many times fellow bulls! Keep buying!

>>13062556
We won’t even break 4.2k again

>>13062540
BUY BUY BUY BUY BUY BUY
Don't listen to bearfags, they are faggots.

>>13062782
Oh I am laughing

>>13062554
correct it wont hit 5k because it'll go to 50k
>screencap this

gimme gimme honey bunny

>>13062540
Give me one more chance to buy at $2800-3100 please. I don't want to fomo at $4300.

>>13062836
Just come in now we are guaranteed at least 4200 guaranteed.

>>13062540
Will hit 1.5-1.8k range this year.

>>13062872
Redpill me on that prediction anon

>>13062540
Almost all coins are bleeding sats. BTC is being accumulated to be sold out of the market in a flash crash. If money (or USDT) were flooding in, BTC would either be rising quickly, or we'd have alt season.

It's at least a positive that it's happening this way instead of endless milking of margin markets. Shows that the collateral is illiquid and that the assholes who pull the strings on this market are going to eventually start beating the drum and poking the mainstream to lure more actual, usable money into the system to restart the cycle.

>>13062872
That would mean my poor ass could afford to buy 5BTC, which tells me it will not happen.

>>13062892
So BTC hasn't hit the bottom yet? Would now be a good time to DCA?

>>13062888
1.2K is the top of the psychological anchoring for the people who lost it all in GOX. The majority of them will likely market sell down to that point before just shrugging and holding.

Either that, or the guy thinks 2017 was an illusion and that the bubble started earlier and that all of 2017, 2018, 2019 need to be corrected away so that BTC can settle in that range before fading away into obscurity.

>>13062906
I see it hitting 3600 based on charts and the general meta it's been following since spring of 2017. I'm starting to thing that fiat money is being accumulated (instead of margin tether), to support a rally rather than letting GOX or the impending recession drive the market into the floor. That's my read, and I've finally started DCA back into BTC myself.

>>13062918
Why would they market sell near the bottom of a bear market? They made it years without that money already, and essentially they'll be getting free BTC. Just hold it a couple more years.

Selling now would be idiotic, and the Gox victims mostly IT nerds who knew about crypto before almost all of us, so I imagine there are fewer idiots among them who would sell at the bottom.

>>13063018
>the Gox victims mostly IT nerds who knew about crypto before almost all of us
nope, Bitcoin was well known back then. it's been in the media since at least 2012

The most stupid TA i've ever seen, we are not forming a fucking triangle, this is a bearish flag that never has been broken

The drop will happen tomorrow at the time limit for the gox coins redistribution.

Screencap and call me based asf you fags

>>13063128
What time is that sir

>t. Fellow bobo

>>13063113
>>13063128
Chill out Bill. I'll cap you and we'll see what happens

>>13063052
lmao ask around faggot, people have no fucking clue what bitcoin is and if they do, they think it's dead. It's just us queers in the cyberverse and some redditors that know about this shit my nigga. Buy before the normies start to buy in autumn/winter after it bottoms out in the summer.

>>13063313
>autumn/winter
Of this year or 2020?

>>13063147
https://www.cryptoground.com/mtgox-cold-wallet-monitor/

Keep watch my dude, 139k btc to dump

not bear or bull, but i see an ascending wedge inside and ascending wedge. logic tells me we should retrace to 3.6k, but this is crypto...

>>13063313
>Buy before the normies start to buy in autumn/winter after it bottoms out in the summer.
I don't need to buy you fucking spastic, you're clearly one of these 2017+ mongs. The general public have been vaguely aware of Bitcoin since 2012 - Gox victims weren't "tech nerds", they were mostly money-hungry retards, no different to now.

>>13063346
This year.
2020 is when we're going to be officially in recession and people are going to look for a hedge against inflation. More Quantitative Easing AKA money printing, depending of how bad it is they might actually impeach trump but idk about that. We might decide to go down to NEGATIVE interest rates, literally free money we print and fuck over our citizens. Imagine if you took out a loan and GOT PAID INTEREST to take it out. This is the everything bubble, I don't know how bad inflation is going to get which might be the reason bitcoin goes to 100-300k USD 2021 and onwards. We're going to be Venezuela Lite after we put a """democratic socialist""" in the 2020 elections, student loan forgiveness and mo money fo dem programs. The only reason why we've made sure interest rates are being pumped up slowly is so we have a small pad to fall on so we don't have to go back into negative territory instantly. A small .5 percent increase in Federal Interest Rate might mean a 2-5 percent increase in your debt payment. Younger generations have negative net worths, (-30k on average) and barely make that after 4-5 years of """higher education""".
I could go on and on about the reasons why this year and 2020 are the most important financial years if you want to "make it" but I'd have to make my own thread.
Slavery is freedom

>>13063440
I was buying product off the polyester highway in early 2012 before the feds shut it down. Bitcoin was a predictable and natural product of human ingenuity.

>>13063370
Holy shit, think I should short some more

>>13063517
So you recommend spending 2019 and 2020 DCAing into btc?

HAARBGBBGLGGLGLLGLLFFFSSSSPshhhhhh

>>13062570
Say it with me gang. BTC will NEVER, EVER, in the history of the human race, be under 3900 or over 4100 EVER again.

>>13062562
S E E T H I N G

>>13063370
what is the meaning of this?

>>13063559
Patience over everything, if you're not actively trading or helping adoption, ie only recieving payments in bitcoin for your business (hope you're working on starting one) or sending payments in BTC. I don't know how many times it has to be repeated, buy low, sell high. It's not rocket science

>>13063580

>>13062892
>>13062918
>>13062946
Take notes boys, this guy right here knows his shit.. Haven't seen this level of intelligence on /biz/ in awhile

>>13064000
Get in the fire, now

>>13063370
After googling for 15 min There is literally no news about what time these fucking coins get released. Not even the fucking website you posted says anything about time of release. What makes you think theyre going to be fucking released tomorrow ?? Ffs tell me now

>>13062540
Idk what scale you put that shit on to make it look like a triangle. It's clearly dick and puss

>>13063563

(You)

kek

>>13062554
yeah, don't care

>>13064000
ya but that poster or this >>13063517 poster?
cast your votes below.

>>13065775
I would consider that guys (>>13063517) opinion pretty extreme. This guy (>>13062892) is dropping nice knowledge bombs, describing the current state of the market and whats upcoming concisely.

Recession, meh who knows if that really comes around, but one thing is certain, BTC is being accumulated and WILL moon sometime in the near future (2-3 years off).