/biz/ - Business & Finance

wtf where did that jew come from

>>23886433
elections, china, russia. wait for summer, no news usually

Bitcoin will fix it

It has to 10x ath before they buy

It's called tether honey...

>>23886433
Media has to tell them first and they’re busy with muh drumpf

>>23886504
This. If you feel worried that Bitcoin might crash you must remember that Normies are 1000 times more scared than you. When you bought at 2k last time they bought at 20k. When you bought at 10k this time, they will buy at 100k. It's ridiculous how easily you can scale the top using normie psyche. Someone should make a normie index

>>23886433
NPCs come in when institutions are done accumulating and shill it with the media apparatus. It's most likely they'll wait until it hits ATH before flooding out articles about BTC hitting ATH, inciting FOMO into the masses again.

>>23886433
BTC reached new ATH In April-May 2017 (previous ath around november 2013). Even as it kept climbing people only started noticing a few months later. Normies started buying above 10k, after it did 10x from previous ath.
For normies to start putting in money again, BTC has to first reach 20k again, consolidate, and then go higher. It needs to be a decent amount above 20k for people who bought high to feel confident enough to buy at the top again.

I remember mid 2017, crypto was shilled fucking everywhere. All my normie friends would bring it up, even girls would mention it. Regular news channels and websites would report on it, not just deidcated finance ones. Other boards outside of /biz/ were chock full of BTC/crypto threads.
I don't see any of that yet. Are we still unironically early?

>>23886433
Keep in mind the media is absolutely dominated by Trump/Biden transition of power right now.

So given that, it’ll take plowing through 20k and upwards for regular people to take notice. It’ll happen though, I promise.

>>23886635
Yep. Don't expect an immediate bullrun after reaching ATH. Bitcoin will dance around a lot at 20k before we go up. We're seeing this now. It's only carefully approaching 20k and 20k will be a big resistance. It will hold that value for a while until confidence comes with it being stable around that value and even when it goes up then, it will be slowly. It will take a while before normies dip their toes back in

Normies only buy in during the peak of the mania, which is followed by the epic dump not long afterwards.

>>23886641
Yes. Nobody is paying attention. To normies Bitcoin failed and the comeback to them will be a complete surprise

>>23886433
Normies are scared to put their hard earned money into something that could make them lose it all, they only stick to tangible products

Just the way I want it. I want the normies and government too distracted to pay attention while we make it. It's like fucking your gf in her parents house while they are home. Slow and steady 1k pump. When she asks you to cum outside you just say "shhhh" as you gentle unload a wad of cum into her twitching pussy. When her parents holler "Jenny?" It's time to put your pants on and place duct tape over her pussy.

>>23886744
I brought up Chainlink and Monero to one of my friends couple months back and he literally said

>nah mate not worth it, BTC was a one-off and that's already dead anyway, will never happen again

>>23886738
Last time Bitcoin had peak mania it went 20x over the last ATH. You think we'll go 200k this time?

>>23886433
Normies FOMO’d in last time at $10,000. They won’t fomo in again till BTC hits $100,000

>>23886804
Had a similar experience. Except I got asked smugly how my Bitcoin were doing as if I was about to break out in tears to that question to which I just shrugged and said "Eh it's steadily holding around 10k, wish it would be a little more volatile" to which I only got an eyebrow raise because they didn't expect Bitcoin to be that high but at the same time they were not shocked enough to have any interest. Normies are simple minded

>>23886809
20x on 20k would be 400k and Buttcooms could never be ignored again at that point even if it crashed 90%

>>23886876
Tbh I don't try to get them into it anymore because I feel like it would just make me seem like I'm trying to rope them into a ponzi. Also I'd definitely get blamed for them losing money once they buy at the top and refuse to sell until it crashes.
It's their choice.

>>23886925
Same. I'll do my thing and them missing out is not my problem. I wanted to believe in a revolution against the elites but I now realize you can only join the elites and leave everyone who doesn't have the drive behind. Only people who understand money, economy and value will be in on this and the typical normie will keep scratching their head how someone could pay 100k for numbers on a screen

>>23886790
Kek

>>23886504
Nah, 25k to 30k it'll start making headlines again, 40k it'll be 2017 euphoria all over again, and 50k will be the top this bullrun

>>23886433

normies will wake up when biden bombs iran to curtail their BTC mining efforts. HODLing will become as necessary to their identities as owning an iphone.

>>23886876
This. Exact same experience two weeks ago.
>So, how's that bitcoin ponzi thing doing? /smug
>Um, you haven't seen the price lately have you? It's doing fan-fucking-tastic.

>>23886876
>>23887194
I feel like it's a coping mechanism to justify why they didn't invest.

>>23887109
Remember the actual 2017 euphoria though. 1k was the last ATH in 2013.
People didn't even notice until Bitcoin hit 2k. That would be 40k now. At 40k I can see people noticing it again especially if it holds there steadily. Personally I got in at 3k. That's 60k by the same metric.
And even then people who got in there are rare. They are coiners now. Normies really started playing with getting in starting the run to 10k when Bitcoin hit 5k and it didn't really start off until 7k. That's 100k and 140k respectively. And even then normies kept pumping it to TWICE of 10k. 200k would be 10x past ATH and pumping it double than that is pushing the price to 400k.

This might actually be the final bullrun

>>23886641
Me thinks this is the grandaddy bullrun so while it seems to many like we are moving through the 1st stage, it most likely has yet to begin.

>>23887267
I remember when it hit $250, and the news was covering that.

>>23887254
Nah, he's literally completely dismissive of it, probably forgot BTC existed after the 2018 crash. Think the idea of buying after the crash is pointless, BTC had its run and it's over.
He also doesn't mind throwing £200 quid away at the bookies on the regular.

When this man decides to buy his first crypto that will be the day I cash out lmao

>>23887267
>final bullrun

No such thing, the cycle will keep repeating

>>23886641
why the fuck do you think people on here still put money towards bitcoin? In hopes it moons to 20k and never goes past that???

>>23887328
>When this man decides to buy his first crypto that will be the day I cash out lmao
lul

>>23887368
No I totally get that. I have normie friend indicators that have the exact same purpose.

>>23886641
Yes
/biz/ is trapped in a bubble of crypto and because of that tons of faggots here think we're early
Leave the cryptosphere and you'll see that the only people talking about crypto are fans who don't realize we've recovered since the crash to $3k

>>23887439
>early
You meant late didn't you?

>>23887439
*on here DON'T think we're early

>>23887464
Yeah I should have proofread
Fans should also be *fags

>>23887267
>Final bull run
This is what people said in 2017...and 2013... and will in 2025

Do you guys think we're going to see a crazy pump from Ethereum this bull run? I know Bitcoin has a pretty huge market cap rn even for a bear market, so return will be limited there. But I think there's still plenty to be made on smaller promising alts like link/eth/etc.

>>23887508
Honestly yeah, I wondered if it could go any higher after hitting 20k

>>23887267
heh that’s funny we arrived at the same conclusion your logic was just longer than mine
>>23886877

>>23887525
Probably, people will try to get into other cryptos in order to feel like they're in the earlier stage of a run.

>>23886433
normies are scared because of the price
we have to start thinking in satoshis

>>23887581
Remember, the objective was never to make money. But to get as many satoshis as possible.

>>23887617
I have 356,000,000 Satoshis

>>23887351
Not really sure. Institutional investors are in now and probably more will get in before the normies. To pump to 400k we'd need a market cap similar to Gold. So that will take a while. And at that point normies just won't be enough to move the price. Institutional investors all think long term and will keep Bitcoin and not immediately dump on it just because of little price movements. It's why MicroStartegy's buy has been the biggest bullflag actually. Normies won't throw all their money at Bitcoin and even if they did a price of 400k would be getting 0.0025 Bitcoin for 1000 bucks. People would be talking about buying Satoshi at that point not Bitcoin. I think this time we'll get a really long period of normie cope that they'll never get in because a huge amount don't even know you can buy less than one Bitcoin and only when Media starts explaining what Satoshi are they will actually buy again. Buying 250k Satoshi sounds much better than buying 0.0025 Bitcoin.
A price of 0.004ct per Satoshi sounds much more like an opportunity than trying to get in at Bitcoin at half a mill. Also do you realize at what huge sums of money we'll be sitting one when normies fight over Satoshis while we have a stake of multiple Bitcoin? Fuck even Banks can't deny Bitcoin as a security for loans for example at that point. It might actually be the final cycle. I'll be cautious but I don't think it will come to a huge blow off this time. Sure it might dip from 400k to 350k, but that's really nothing

>>23887368
>>23887422
That being said I'm never cashing out fully. Always gonna keep at least a quarter/half of my stack for the future.

>>23887557
I agreed with you from the beginning actually I just wrote 200k instead of 400k lol

>>23887701
You should avoid cashing out at all costs. Sell, and you'll have to pay taxes.

>>23887715
Tbh I just want to cash out enough for a house and maybe £10,000 of play money.
Would probably keep the rest.

>>23887715
Not here in Germany. Hodl for a year and you walk away tax free.

>>23887679
Let's remember several years ago that at one point people would compare bitcoin to the silver market cap. Some people are predicting BTC will surpass gold at one point. Gold really is a boomer asset and will be less relevant in the future. Once the gold standard isn't in living memory, gold will have depreciated to it's actual value.

>>23887818
Noice, It was only 15% under Trump, but that will likely change under Biden.

>>23887617
I remember, this was still a thing on everyone's mind mid 2017

>>23886641
>mfw the fomo hasn’t even remotely begun

>>23886433
>When the fuck do normies come pouring in again?
$100k

>>23888222
Checked

Hopium: the thread.

>>23888316
You better start believing in golden bullruns, Bobo...

>>23886641
Notice the pajeets you see around here shilling their bags relentlessly after buying into a shitcoin?
Now think bigger and you will get (((their))) whole agenda.
Entire Media is their platform just like /biz/ discord and telegram groups are a platform for the pajeets.
Once they are done buying, the media will shill it relentlessly, the few small nuggets here and there are just solo actors shilling their personal bags on CNBC, notice the hosts and their (((experts))) on the payroll haven’t shilled it yet.

>>23887925
>It was only 15% under Trump, but that will likely change under Biden.
No it wasn't nigger. It's never been taxed as capital gains, always as income. Trump did nothing to crypto. Let me guess... you're poor, aren't you?

>>23886433
maxiz are the new normies. unironically not paying attention to VALUE, well not gonna push them

when people are talking about the final bullrun, they don't mean that bitcoin will soon die, but rather that we have seen the last 80% crash and future appreciation will be slow and steady upwards like stonks so no more huge gains

remember this is very dangerous
thinking like this was very widespread in late 2017 as everyone thought full institutional usage was right around the corner, this was part of the reason why so few anons actually sold at the top
when we reach the new top, the same exact story is going to be shilled ad nauseam here
this is bullshit to dump our bags onto the reddit tourists that are dropping in here then, be prepared for when it happens

also marketcap is really just a meme, price is set by buyers vs sellers, no sellers due to mania and massive fomo in buyers is how you get blow of tops like 2013/2017, the true value of the MC has nothing to do with the inflow of money, the MC being many multiples higher
like that one dude that bought btc at above 20k last cycle probably didn't buy more than a 1k yet that 1 transaction increased the marketcap by 10 bil

>>23889214
>what is long term capital gains
fucking idiot

>>23886433
It won't matter because at the most they will buy 0.1 BTC and maybe a few ETH or XRP. They'll make enough money to buy a new car or some stupid bullshit and then cash it all out.

Is there enough liquidity from retail investors i.e. normies for this bull run? I mean who has 40k lying around to buy 1 BTC?

This time it will have to be institutions or governments that have to fomo. I know they will come for BTC, not so much for "computers" or "oracles".

Think about it.

So what are you guys accumulating for this bullrun, and when do you think it's coming?

For me its 40% BTC, 20% LINK and 40% being invested into some altcoins who i believe in long term. I think the bullrun will come in 2022 when the covid economic crisis subsides a little.

>>23887679
>Buying 250k Satoshi sounds much better than buying 0.0025 Bitcoin
True. The narrative should be 'one satoshi will be a $ or maybe even a cup of coffee...'

>>23886641
Unironically, yes

NORMIES WILL ONLY START TO BUY ONCE NEWS AND CLOSE FRIENDS AND THEIR GRANDMAS TELL THEM TO BUY (SINCE YOU KNOW THEY ARE THE BEST FINANCIAL ADVISORS) LIKE A GOOD GOYS THEY ARE

This thread is delusional.

https://blog.plan99.net/the-resolution-of-the-bitcoin-experiment-dabb30201f7

https://www.youtube.com/watch?v=XfcvX0P1b5g

https://www.youtube.com/watch?v=bFVK9SxKR5c

https://www.youtube.com/watch?v=qzDjJ-SrojY

>>23886641
IT'S LATE 2017 THO

I literally use my parents as my buy/sell indicator for crypto. As soon as my mom calls me and asks "do you know what bitcoin is?" I fucking sell.

>>23889551
As much as I hate XRP, it’s kept normies from accumulating more BTC/ETH

>>23890100
isn't that when they start fomoing?

>>23886433
>When the fuck do normies come pouring in again?
They won't. They'll keep treading water in a sea of inflation. They'll be convinced real crypto is too hard and that libra or usdt is what they want. The "normies" you want are people like Ugandan bankers.

>>23886433
>>23886522
>>23886768
Furthermore, normies see the high price tag of Bitcoin and think "I missed out on any chances of making money" and they just pass it over.

How long until they post the national suicide hotline on r/bitcoin?

>>23890094
>merchants accepting 0-conf payments
A delusion is a fixed belief that is not amenable to change in light of conflicting evidence. You're still working from dumb premises abandoned over 4 years ago. BTC offers no value as a merchant payment processor and neither do any of the other crypto forks so far.

>>23889481
which doesn't apply to crypto, just leave

>>23887109
>40k
it will be 40k

5 year google trends over 5 year chart

>>23890822
This is unironically good

>>23890772
Does your mommy still do your taxes for you?

>>23890822
wtf is this real

>>23886876
Yeah, a friend was teasing me a few days ago. How many of that bitcoins you got pal? How are you holding up? 31 I said. I'm doing pretty fine.
It took him a solid 5 minutes to realize. Afterwards he asked me if I was joking.
At least he felt genuinely happy for me. Normalfags can be nice sometimes.

>>23890772
>which doesn't apply to crypto, just leave
kek, yes it does retard
You probably paid the short-term capital gains tax rate because you just swing trade

>>23890822
link to where we can see these types of charts?

>>23891064
Just search google trends, you can see it is simply one chart overlayed another with some sort of photoshop app.

>>23890094
>articles from 2016

>>23891123
looking closer yeah i think you're right
ty

>>23886433
Checked
Normies are subhuman

>>23886433
That's literally how the bubbles work, looks like you weren't around in 2013.

We breached 16.2 bros

>>23891382
LET'S FUCKING GOOOOOOO

>>23886433
they wont fall for it again, this time its crypto nerds dumping on crypto fags

>>23890822
gotta buy some more satoshis before the normies kick in

>>23891034
He'll be planning your murder here soon. Never tell a normie you have more than $10k.

Mhmm lets see, 1k bubble, they didnt start buying in 2017 until it got well over 10k. So normies will ignore until its 200k? Is that how it works?

host node during the night, browse for free during the day

Should I sell my 1200 LINK and go all in on BTC?

>>23886804
Was at a party and someone asked if I was still buying btc, yes of course always dca'ing in I told him. Cous we are bros and 2017 was a fun time for us. Other guy who wasnt part of conversation joins in with smug ass look on his face
>haha you should have sold that ages ago!
I just ignored him and told bro that I shorted main stack early 2018 and heavy buys under 4k. I used to pull the "if youd bought every week since it topped at 20k youd be in xxx% profit by now" but people are too stupid to understand that.

I bought at 8K (small ammount) when do we sell?

I have 0 BTC but I bought 25k worth of LTC just in case BTC will go mad.

>>23891999
Wait until the first 30% pullback in BTC first

Is it worth it to run a validator node with just 2m or would staking it be better? How will regular dvpn nodes be different from relay nodes, and can you also unstake SENTs at any time?

>>23891784
He's been my friend for 20 years. I doubt he will try to murder me. But you bet he is gonna ask me some money in the long term .

>>23886433
Im not a normie but im new to /biz/
How do i safely buy crypto and not get raped? GEMINI?
I want to buy 1 btc, 5 eth, and like 20 link, Or should i just wait for the rugpull?

>>23892092
We don't. We hold. Microstrategy turned their entire Dollar Liquidity into Bitcoin. That was 400 million Dollars back when. When a Nasdaq company makes a decision like this they play the long game. If they play the long game, you should play the lang game

>>23886635
>r. Normies started buying above 10k, after it did 10x from previous ath.
Normies were born to buy tops

>>23889551
fuck me that is a poetic pepe

>>23892298
Just buy on Cuckbase
Also >buying btc at >16k
lmao

I have feeling we bubble to 20k crash to 12k and then hit 20k again in August. Then we start making moves to 120k by mid 20222.

Anyone else feel this?

>>23886804
>>23886876
>Bitcoin is a one-off and thats already dead
This opinion is pretty prevalent. Id say its because they see it as collectibles like beanie babies. They cant understand why it still has value after the boom. I still get people mentioning beanie babies to me whenever i bring it up.

Normies didn't even start taking interest in BTC until October 2017, 10 months after ATH was broken

>>23889798
I don't wanna give people unrealistic visions. Since Satoshi was Japanese I think in his mind 1 Satoshi = 1 Yen and you'd buy a cup of coffee for like 200 Satoshi.
I think this is a realistically reachable price and a way for normies to FOMO in when they think about buying say 500k Satoshi.

>>23892359
No not at all. Institutional investors bought at 10k and when they do it it's a long term investment and they know about Bitcoin's volatility. A little ups and downs won't make them FUD their investment. 20k will be a huge resistance (or none at all) but it won't cause any major price shifts. I think Bitcoin will sit around that mark a long time in December/January and February is when it starts to break through

>>23892449
>Satoshi is one person.

Kek. The collective known as Satoshi Nakamoto is anglo and is composed of several people.

I'm a normie. Want to buy my first btc and help you all to make it too
Is it going to be under 14k ever again?

It puts the SENT in the portfolio, or else it gets the Mike again

>>23892359
>mid 20222
i can't wait this long

>>23892556
Maybe, but I think they probability of hitting 20k without dipping to 14k is higher than the probability of dipping to 14k and then going to 20k.
Personal opinion I don't have a crystal ball

>>23886433
Were normies talking about BTC when it crossed the 1-1.2k ATH in the last cycle? I don't think they were.

>>23887267
Ah yeah looking forward to hitting 70k with those 300 dollar transaction fees

Sure thing pal

>>23892616
I will wait until a moderate dip then. Can't go up forever and I have patience

>>23892521
I hope you are right. Ive got low expectations for the short term.

What do you anticipate the high being?

>>23892616
I agree with this post

>>23892298
I use Gemini it’s fine, I trust the Winklevoss goons
>>23892341
The Michael Saylor interview on RealVision is A+
>>23892727
There were a lot of 30% drops in the last bull run. It will be the same thing. Just buy in on the first one we get

we will go to $100k next year

FOMO is the only thing keeping this shitcoin afloat. Face mate, normies pile into anything if it gets shilled hard enough, and just like any ponzi it serves the interests of those who got in early to shill as hard as possible to make their own investments worth more. If normies aren't in yet, it means you haven't shilled hard enough. Either that, or normies see the the supposed emperor has no clothes: a scarce pile of shit is still just shit. Start doing some research, look into Mike and Gavin, Blockstream's greedy bullshit, the refusal to increase arbitrary block limit, segwit, bch and bsv, and you start to realise the btc today is nothing like what was envisioned in the white paper.

>>23892173
smart move, just have to wait for price action

>>23886433
Just keep accumulating, normies didn't pay attention when BTC went back to $1000 in 2016-17, the first time since 2013. They won't bat an eye at $20k either, it's only when it goes past $100k where everyone goes "OMG I CAN'T BELIEVE I DIDN'T BUY IN AT $10K, I WAS TOTALLY THERE WHEN THAT HAPPENED"

>>23892947
>Trying to FUD by painting normies as smart

Try harder metalcuck

>>23892735
I'll react spontaneously. Usually you can tell the blow of phase by people being overexcited and all trying to "get in" and even your granny asking you about Bitcoin. If there is too much unnatural pumping I'll start to worry but for now I'll just HODL and see where the ride goes. I only anticipate that the price increase will be enough that I really won't care if it crashes back to this level again. Remember last "bubble burst" was Bitcoin going from 20k to 3k. That sounds like a lot but still was three times the previous ATH. That would be at 60k now. So even if say Bitcoin crashed from 400k to 60k I'd still be comfy

Normies attention should happen either once we passed ATH or at 1/2-1/3 current bullrun ATH which means at 60K+.

>>23892396
This right here is the chart to keep your eyes on, when we get to the same peak as last time, sell your BTC into alts, wait two weeks, then steel all your alts

>>23893073
nah I'm painting you all as fools at the bottom of the ponzi pyramid

>>23886433
Everyone's been completely brainwashed with mass hysteria about a fake and gay virus hoax. Can't focus on anything but that.

>>23892947
Bch and bsv had three years to prove they're right by cornering the market they say bitcoin was built for. There's no adoption or reason for merchants to use it. In 2026 the block size limit will be decreased to 128k and block times to 10 seconds using a soft fork. Every block you can initiate effectively unlimited timed lock contracts like opening LN channels or other off chain interactions. A million users can't send to a million users in each block but a they can deposit to one exchange address or channel router.

>>23893230
If you unironically call Bitcoin still a Ponzi after Nasdaq companies turned their liquidities into Bitcoin for long term investment with no reason but because Peter Schiff told you it's a Ponzi for 12 years I dunno what to tell you besides that you are a retarded Boomer

>>23892092
$20k would be a good sell point.

Many would be expected to take profits there and therefore a substantial drop down before rallying again.

>>23886433
Told you months ago 50k is a nice round number.

>>23892262
For a friend of 20 years, you should buy him something nice.

>>23893335
I heard the same thing for the 14K level, yet it soared through that in less than 1 day

>>23893513
actually no, it wicked at 14k on October 28th, but the profit would have been minimal if you managed to rebuy around 13.2K

>>23892947
Capped

>>23893662
Why cap things that idiots have been repeating for 12 years and consecutively being wrong. Cap things of people who are consecutively right and use it as a cheat sheet >>23890204

>>23886643
How can you promise that? You don't know that btc will hit 20k.

The top is in, I repeat the top is in. Lets pack it up.

>>23893697
Those price targets are like half of mine

>>23893754
Oh no no no

>>23893754
Fuck, please tell me this isn’t true.

>>23886790
duct tape?
confirmed virgin. girls always go to the toilet after and pee out your cum

>>23894372
Pee is stored in, and comes from the balls. confirmed

>>23886433
Yes, there will be an agenda to follow by media. Then they start shilling the next hype.
Feeling comfy next cycle did not even start yet.

>>23890772
You are dumb

>>23893754
>>23893802
dumb bobos the only top here is your single digit IQ