/biz/ - Business & Finance

Fuck. I didn't tether up after I 80x my money in 2018 and I'm not doing it now!

Can you overlay BTC chart?

Seems more like a stock market bubble

Since 60% last week was about boomer stonks

Do people still buy stonks except for this one time GME thingy?

cope

GME and WSB tourists.

This looks like a doge chart.

>>27813530
i need this chart

>>27813530
Most of that is from GME Reddit fags. This time it's different unironically.

>>27813821
If elon musk said he posted here it would go up a lot

With the influx of redditfags screeching about doge and gme I'm not surprised.
Not tethering

my lil biz doin sum

>>27813530
Somethings different this time anon. At work, been there 10 years, been into crypto for basically that amount of time and only me and 2 other people have paid an interest in it, even on last golden bull run no one apart from us really cared, this morning basically everyone who didn't give a fuck before is talking about doge coin or gme or ripple pump n dump, older guys on coinnase on their phones, definite peaked an interest . Now I should probably take that as a massive sell signal, but I think people are realising what's actually happening in the world and how fucked the rest of the financial market is. Like i say probably a sell signal but somethings off/different this time round. Can't say what it is or what it means.

>>27814078
y

>>27813530
That spike is because of gamestop, faggot

>>27814313
Everyone was talking about bitcoin in 2018 idk what you're talking about

were you here in the last week? it's because of reddit memestocks, dumbass

>>27813843
4STATS.IO
>>27813739
Pic related
>>27814313
The severe number of newfags has me deeply concerned.

>>27813530
it's the GME crap

>>27814879
Incredible.

>>27814313
The people at the top are much more coordinated this time around, and as Elon Musk has shown, they can do now whatever they wish with impunity. Pump and dump from the top down, rolling profits from one coin to another then dumping them when they know newb money flows in, its a very coordinated scam from the exchanges and whales, you just have to hope to get in earlier than others and guess right coin, then be nimble enough to get out ahead of the herd.
Once this next US stimulus package is doled out and kids get $1400 to dump into crypto, only then will the crypto lords will take final profits and the average user (once again) will be holding the bag. Those 'institutional' buyers everyone talked so much about will be the hardest dumper. People will realize that uniswap gas fees actually add up to losses. Eventually interest will drop off in the Spring, enjoy the swinging while you can...good money made until then though.

>>27815325

>>27813530
>im just gonna leave 2017 out
kill yourself

>>27813530
Yes we are in a bubble. The question is how high it will go before it implodes. Take profits but don't sell everything

>>27815799
>being this retarded
you're retarded.
It's doesn't even go back that far, and half of it is there, the important half, faggot.

>>27813530
Good article on the stock market bubble.

https://www.gmo.com/americas/research-library/waiting-for-the-last-dance/

This is much different than 2017 for the following reasons;

-after the early 2018 crash, most people thought crypto was "done". But it came back stronger. So people feel more comfident holding, knowing no matter what happens, it will eventually come back

-the $10 btc / $1 eth buyers are mostly all out, so no one is gonna x1000 dump on the market anytime soon

-the economy is going to shit and people are looking to invest

-there has been a massive growth in the past year as far as normies buying stocks and investing in general. A lot of them are/will dragged into the crypto world

-the stock and precious metal markets are controlled by boomer jews. Crypto is the only market controlled by "us"

With that being said, of course the market will correct/crash sooner or later, but not nearly as bad as 2018

>>27814879
Haha, this actually disprove the theory. The new biz activity is not bitcoin but stock related.

Yes. Money printing fueled bubble.