/biz/ - Business & Finance

>>18981298
>ve some potentially invaluable inform
go

dis will be gud

>>18981298
Uhh professor will there be a quiz on today’s class???

>>18981362
No fren don't you worry. Ok the lecture will now begin

Please go on, fren.

As many of you are aware, we’re at the beginning stages of a crypto bull run. As crypto has done many times before, it initiates a bull run after enduring a bear run. The last bull market peaked at $20k and the bear market dipped at $3,500. Recently volume has become unprecedently high for bitcoin and crypto in general, and we still have the halving to come in a few days. The question is, what should we do now and, equally importantly, during the bull run. Allow me to step over to my chemistry bench.

What I’ve found out in my studies is that this has all happened before. Bitcoin is a scarce asset like the chemical element gold. Even the chairman of the federal reserve has likened it to gold. And altcoins are a scarce, smaller asset, like silver. Gold has the same relationship to silver as bitcoin has to Ethereum and similar altcoins. Except the crypto market is only hundreds of billions of dollars in size and gold and silver market is trillions of dollars in size. They behave very similarly, except crypto is around 20x faster in its movement, because it’s 20x smaller.

Nigguh no one is buying BTC, its just USDT pumping the price...

This is a graph of altcoins during the January 2018 peak of the last bull run. Notice they all have an initial first surge, then peak at roughly the same time, within two weeks of every other, after a second surge. Ethereum and other altcoins can be thought of as one smaller market, being forced by a larger market, bitcoin. Hilariously, even bitcoin cash behaved like this, and it was birthed during the bull run.
https://uk.tradingview.com/chart/JyIhUO3v/

This is bitcoin and Ethereum during the last bullrun (above) and gold and silver during the bull run in the late 70s (below). They have very similar market structure. Again, precious metals is 20x bigger and 20x slower than crypto.
https://uk.tradingview.com/chart/U2ru2fxt/
https://uk.tradingview.com/chart/Tv9bz1eB/

>>18981501
shhhhhhhhh

The gold-silver pairing even mirrored the BTC-ETH pairing. Both bull runs had an initial surge in which the smaller gained on the larger, then the larger regained dominance, then a second surge from the smaller where it regained some dominance. This is how crowds react to a larger scarce asset and a smaller scarce asset. Even over years in gold and silver, the same crowd behaviour plays out as in during months in crypto.

pffffft... meme lines class again

And this is what happened to gold and silver after that bullrun, a second bull run. Note the second bull run structure had a mid-way pull back, then went up to a peak at roughly the same time for gold and silver. I believe this will happen to crypto.

>omg Stacy did you see what Chad was wearing today? I could totally see his boner teehee
>yeah I know. I can't believe we went to this stupid lecture instead of got drunk and fucked chad together, all 4 of us

>I know like we aren't even listening to this idiot. What's a bull market?
>I don't know Janice, but it doesnt matter. Our boyfriends pay for our college anyway. They literally are paying us to go get drunk and fuck other dudes! They're so sweet!

Go on

Bitcoin did a very similar thing in 2013. Note the pull-back at the halfway point. I believe 2013 is about to repeat itself. In 2013 bitcoin went from $100 to $1,000 in a month. This time it’ll go from $10,000 to $100,000 at least –maybe $250,000+. See: https://medium.com/@100trillionUSD/bitcoin-stock-to-flow-cross-asset-model-50d260feed12.. If you think this is insane, imagine living in a world where bitcoin has only ever been worth $100. Then suddenly it shoots up to $1000. It’s happened before.

Silver was more profitable than gold if you got in at the start of the bull run and held all the way to the top, selling around the same time as gold’s peak. Except the gains in crypto are going to be larger than the ones shown here and during a much shorter time frame, probably less than two years.

I also did a bit of analysis on the 2017 crypto bull run and which altcoins gained the most. Y axis is gains from 1st day of 2017 to the last day of 2017, and x axis is market cap (excluding btc and eth who are huge in comparison). Basically the smaller the coin the bigger the potential gains – however this is only taking the top 100 coins. A lot of coins failed completely but I think they were mostly scams with no effort behind them at all. I need to do a bit more work on this but here it is regardless. Data from here: https://coinmarketcap.com/

>>18981298
I'm listening

That concludes today’s lecture. My advice is to spend the next week researching crypto obsessively and altcoins you think have a good use case and a good team, buy as much as you can (as well as some bitcoin for safety), and not think about selling until bitcoin is at least $100k. Ride out the waves all the way up and don’t trade. The key is to do your own research so you’re comfortable. You need to be emotionless all the way up and so you need to believe in your coins. That’s my plan.

If you’re not convinced that’s fine, I’m not going to try to convince you, this is all up to you. This is all I know, I think it’s extremely valuable information, maybe it’ll help some of you out. Do your own research! If by any chance any whales found this interesting and have any spare coins, you can donate a bit of BTC here: 3CSXYzGRwvwBEVoTSmv1sYSzP6NWpuM63B and ETH or ERC20 tokens here: 0xA46B8ABcef63460F6a8d47DCea071170e44Dd119. Only if you want to though, this is all just for your consideration. Thanks for reading! Peace out frens

>>18981635
great read op much appreciated

NOBODY FUCKING MOVE , THIS IS A SCHOOLSHOOTING

>>18981689
NO SAM DON'T DO IT YOUR BTC WILL MOON THIS YEAR I PROMISE

no shit OP. how new are you ?

inb4 your entire thesis is wrong and you realize that the market is random and erratic and really it just does what the fug it wants

>>18981635
Thanks for the lecture professor anon!
I got just'd last time because I was stupid and didn't do enough research, this time will be different.

>>18981501
Exhume me!! Don’t call professor a niggauh have some respect he’s a chemist for gods sake

>>18981784

Cool lecture very nice thread 5/5 extra points for not using a coomer OP image

>>18981298
Great info, thanks, way better than all the shitpost spamming in this board. Do you have any telgram or discord, create one, you as a contact is good. Create one now please.

But what if we get Deflationary collapse like a few months (or about 90 years) ago? Wouldn't we then have a massive bear market?

This is not 2017. This is 'OMG Trillins of dollarydoos just poofed into existence I better buy something'.

But maybe the markets are beyond fucked and we are just too early to see it. Maybe all these foreign asset holders are going to liquidate and transfer into USD because the Eurozone got fucked and China is... China. Now is not the time to spend your dollahs. Sit on them until everything 'opens up' and investors realize it's definitely not going back to business as usual and the whole thing falls over again.

>>18981560
Stacy gtfo of class your distracting us with your slutty tots hanging all out in the open
You don’t need to earn money anyways why tf are you here to begin with

>>18981756
Waves on a beach are unpredictable, the tide isn't though.

Best thread on /biz/ right now

>>18981820
Np. https://discord.gg slash JAUnCg

>>18981926
timeframes define memelines meaning.

The right question is what timeframe come next?

>>18847568
crypto is driven almost entirely on sentiment and whales controlling prices on exchanges as new buyers enter the market for example this ghost pump was entirely predictable by smart money

>>18981635
your plan should be to stack gold and silver if you follow your own reasonong.
Altcoins are no scarce at all, any random can make a new vaporwave shitcoins in few days, like thousands alrdy exist, so the supply is basically totally endless.
Not only that, but silver is silver, it's nuclear structure give it it's legitimacy. No shitcoin have any legitimacy, unless they are backed by some real asset and regularly audited. Which doesn't exist yet.
Also at least silver have many use cases, it's used in water filtration system, in medicine, in telecoms, in missiles and sattelites, in batteries and electric cars, in electronic, solar panels, plane alloys, etc..
Shitcoins are still useless 10 years after they started popping out.
And finally, and the worst, is the technology around cryptography is ever evolving, meaning projects are constantly outdated and lose credibility. Meanwhile silver is a vital component to build techs of the 21th century since it's and will always remain the most reflective metal, the most conductive metal and others unique properties.

Tldr : shitcoins are an unlimited ponzi only powered by greed while silver is the most undervalued and short-manipulated commodity in the world.

>>18981689
sam, i sold all your ammo for weed and replaced it with blanks. your weapons are neither deadly nor harmful in any way. ypu lpok like a retard.

>>18981635
so there should be a dip and then a mooning? interesting, when do you think this will take place anon?

>>18981501
>magic USDT pumps USD price

Retard alert

>>18981557
>40 year wait time

>>18981298
SHUT THE FUCK UP AND TELL ME HOW TO BECOME RICH ALREADY

>>18981635
Interesting read, fren.
I tipped you one bratwurst.

>>18982538
Daily reminder that if you longed when USDT was printed and shorted when it was burned you'd have nailed EVERY SINGLE MOVE of the last 2 years. You could have been the richest retard in the whole world right now.

>>18982574
Chad penny stocks fren

>>18981488
Fucking lol not this digital gold shit again

>>18981298
Are you the Chainlink Tonight guy?

Thanks professor Anon. You are BASED

>>18982533

>so there should be a dip and then a mooning? interesting, when do you think this will take place anon?

not op professor anon but watch the market?

next couple of weeks? months?

>>18982669

whole board is dedicated to this digital gold shit. we /cg/ now, senpai.

sir can I use the bathroom

>>18982540
Not for crypto. Remember, everything goes quicker with crypto.

>>18982457
based