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/biz/ - Business & Finance


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File: 247 KB, 1104x561, 470894CF-506F-4787-9A18-DF12FC4F7A1B.jpg [View same] [iqdb] [saucenao] [google]
24082880 No.24082880 [Reply] [Original]

You retards, you absolute mongoloids. Can’t see 5 feet in front of you, drawing squiggly lines on a chart, throwing your pathetic portfolio around in shitcoins like a cheap whore.

Take a look. This will be the most important thing you see today.

This really is it, this is what those who understand the BQ have been waiting for. It really is different this time.

>> No.24083000

>>24082880
Explain yourself good sir.

>> No.24083029

>>24083000
There’ll only ever be 21million btc and institutions have now realised that and they’re hoarding like crazy

>> No.24083051

>>24083000
The honey is sweetest when you work for it. Figure it out, it is not hard. I’ve laid it in your lap.

>> No.24083142

>>24083051
Picture source please sir for review.

>> No.24083220

>>24083142
It is a paid data feed from Glassnode. You’ll need a subscription to the data to look at it. It’s well worth it if you can make sense of it though.

>> No.24083298
File: 93 KB, 657x527, 1603659440153.jpg [View same] [iqdb] [saucenao] [google]
24083298

>>24083029
ok, just for a moment, pretend I'm retarded. what does that mean?

>> No.24083413

>>24082880
OP does this chart prove the price growth is not linked to exchange-to-exchange movements by whales but instead new buyers (aka bullish)

>> No.24083483

>>24083298
Bears on suicide watch

>> No.24083659

>>24082880
Holy shit you fucking retarded faggots. Less and less BTC is being sent to exchanges. People send shit to exchanges to EXCHANGE aka SELL them. So there's less supply available to new investors. more demand + less supply = ???
No wonder so many people somehow LOSE money here.

>> No.24083717

This time around the people buying are moving their BTC off exchanges instead of keeping it hot so they can time the top and dump on everyone else. Which means we aren't likely to see a dump anytime soon.

>> No.24083727

>>24082880
What site is this?

>> No.24083968

Obviously bullish, but I have a lot in alts/ETH right now because I need to hit some 2-5x coins since my initial fiat investment was low.
I’d like to DCA Bitcoin, does everyone just do so via Cuckbase? Don’t want to get destroyed by taxes but also this seems like the most simple method. My hardware wallet is on the way

>> No.24084552
File: 120 KB, 637x573, 1600717713160.jpg [View same] [iqdb] [saucenao] [google]
24084552

>>24083659
this, which is obvious to anyone who looks at the chart for 5 seconds and bothers to read the labels. damn biz is so fucking retarded sometimes that it makes me feel smart. chart might be fake tho, needs source check other than "private data feed you need to pay for it" sounds fishy

>> No.24084750

>>24083659
Mining farms in China have gone offline in mass because they can no longer pay their electricity bills. The CCP has shut down several exchanges and it's rumored that Bitcoin may be made illegal and replaced with a state coin. Thus the increase in price is not due to an increase in buying pressure, but rather a decrease in selling pressure.

>> No.24085259

Please more info..

I’ve shorted BTC strike 1600 Dec 26

>> No.24085385

>>24084552
This picture makes me sick. I worked at a pig farm once for a bit. The guys who were in charge of slaughtering the pigs got way too much joy out of it. One day they took out a young pig they were supposed to butcher. The pigs, they're smart.. they know they're going to die so they struggle when you go in to get them. They let this pig out and let it run around, kept chasing it and tackling it, then started kicking it. Then they all surrounded it and stabbed it a bunch of times. Just tortured it for fun. Then they finally slit its throat.

>> No.24085424

>>24085385
I should mentioned I quit this very day.

>> No.24085834

>>24085385
this is why I want to eventually hunt or at least buy game meat only. Seen some of those pro-vegan vids of farms and a lot of those workers are actual degenerates.

>> No.24086016

>>24085424
>>24085385
>”I’ll take ‘Things That Definitely, Really Happened’ for $800, Alex”