/biz/ - Business & Finance

>>49312991
the plethora of shitcoins and nft's

>>49312991
This run was powered by easy credit and liquidity from the federal reserve. Supply shock stemming from oil and demand inflation has forced them to raise rates, so now the contraction in credit is driving markets down.

Basically, it's all Biden's fault.

>>49312991
Bitcoin has been dead ever since they refused to raise the block size limit.

>>49312991
Because I bought for years and expected at least a half assed imitation of 2013 or 17 in 2021

>>49312991
BECAUSE IT'S NOT OVER YET SNAKE

>>49312991
Every bull run has pumped less that the last since bitcoin started. Still plenty of money to be made and a safer hold during the bear market.

>>49312991
because jews got in

>>49312991
The stock-flow model is a meme. Bitcoin follows the power law, that is a linear increase in % returns over % increase in time. It's no big conspiracy, just how it is.

>>49313299
That's showing a 10k bottom, mine above would predict a 12k with a -80% from peak. I'm going to start slurping under 20k, sell 100k next bullrun then move into alts for their bullrun.

>>49312991
Iz not ogre

>>49313334
Nah, a little hard to read, but my buy line is currently at 17k. By October it'll be at 20k.

>>49312991
Musk shilling shitcoins.

>>49313299
Is their a live chart of this?

>>49313039
lol

>>49313529
This one was calculated in 2019: https://www.lookintobitcoin.com/charts/bitcoin-logarithmic-growth-curve/

It's simplistic, and the lines are a bit different from mine, since I redid the coefficients this year. My price formula being:
blue/fit: exp(5.5058 * ln(date) - 36.1743)
green/bottom: exp(5.5046 * ln(date) - 36.8846)
red/top: exp(4.4549 * ln(date) - 26.2872)
Where date is the number of days from April 26, 2009 (arbitrary).

Bear Badge Chads unite to shed light on the Bismal and ignorant. It’s okay we all got a Bear Badge you can get one too the easy way(minting) or the hard way(getting screwed in the bear market) either way youll get one cuz it’s bear szn… Bear Badge Chads we are gonna make it out alive together and win the 2024 halving bull run. Join us anon I know you want to. It’s only $15

>>49312991
Greater fool fallacy can only go this far, we've run out of idiots.

>>49313028
This too, in 2017 idiots bought btc and shitcoins that at least pretended to do something, now they buy memecoins and nft

Why the fuck would anyone buy 1 BTC over $69,000?

>>49312991
Because of market cap
In the long run, bitcoin will have a steady state market cap that will likely grow at world GDP steady state at around 3% per year + risk premium. For all intents and purposes this might be the size of the equity premium at 7% average growth per year.
In the short run, it has to catch up to whatever this steady state market cap is, and it will decelerate as it nears it.

My weed man has said he wants to start learning about “Bitcoin” my friends and family “will get around to it sometime soon” my nfl and college friends want to learn how to “make money off Bitcoin too” they want me to teach them. there’s a long way to go there’s still Bitcoin atms popping up at the gas stations but no ETH atms or multi pin atms or decentralized atms yet. We got at least 2 cycles left before it gets boring

>>49313795
Where is bitcoin in 5 years?

>>49314079
Because it pumped to 120k, and 69k now looks like a bargain. Happens every bull run, people saying imagine buying imaginary coins for 1k well I'd sell my house to buy them at 1k now.

>>49314018
If you can't spot the idiot bagholder. Then it's (YOU)

>>49314183
Well, end of 2025 it gives bottom of 65k, mid of 134k, and high of 278k. Mid 2027 it gives bottom/mid/top of 102k, 211k, 400k.

btc will platoe around 100k and stay there for decades, only pumping with inflation...
cap this and see this in 10 yrs to know i was right

>>49312991
We got some bitfucks in here I can tell! Do bitfucks not understand that the percent returns will diminish as bitfuck climbs higher? You fat fucking retards really expect it to just 10x every halving?

>>49313299
What's the formula for this transformation on trading view

>>49312991
It wasn't weak, you just were too stupid and believed that vaporware tech projects (that did nothing) had somehow more value than shitcoins (that also did loathing, but had normie appeal). Get fucked retard, BTC did at least a 15x from bottom since march 2020 and you wanted more, well shouldn't have been a poorfag in the first place. Should have tried the casino to accumulate more sats instead of holding digital oil or PRQ. Telegram pajeets and tiktok normies made 6 figures every week last year, why couldn't you? This bullrun was in no way weak, you just missed out.

>>49314280
Thanks for the financial advice, I will act on it.

>>49313299
you can retroactively fit any number of retarded lines to charts of price history, predicting the past is not impressive

>>49313299
Post model

>>49314432
As said previously, this one was generated a few years ago and still fits well:
https://www.lookintobitcoin.com/charts/bitcoin-logarithmic-growth-curve/

>>49314305
>Bitcoin will stop its obvious pump and bust cycle because of scary big number
Yer no.

>>49314455
you are mistaken that btc even needs dollar value...
1 btc = 1 btc

>>49314454
Golden ratio multiplier is better

>>49314502
Well for the floor, realized price is probably best, currently 23.7k

Elon Musk shilled dogcoins and all the normies FOMOd into that instead of muh crypto with utility and the hedges against inflation.

>>49312991
Prolly the plethora of memecoins. Block size limits kinda hinder BTC growth which tappers down to ALTs.
Efficiency is what am out for.
Building on Alliance block saves alots of hassles

>>49312991
It's because the actual bull run never happened yet and this bear market is bullshit.

>>49314892
And bear season is the best time to bag real Gems.
I still believe ETH MATIC SOL are largely undervalued, including ALBT OP XRP

>>49312991
Because Bitcoin got diluted by shitcoins, and also running out of greater fools.

>>49314479
Bagholder cope: 1 december 2018 BTC is 0,1 todays's btc

>>49312991
I think the bull run hasn't actually started. Now is the best time to stockpile your bags. I have stacked up ETH, SYLO , EGLD and currently running liquidity mining with the first two.

>>49315941
>I think the bull run hasn't actually started
ok shill faggot retard

the more expensive price is, the larger the market cap, the more effort/dollars it takes to get the same gains, while your risk stays flat (or goes up with every dollar in profit)

>>49312991
I doubt if this is the actual bull run. The coming bull run is going to have a very big effect. I am buying RIDE's dip now and staking.

>>49313028
Wrong the alt market underperformed by x10 compared to 2017 overall

>>49315011
That argument doesn't make sense consider in 2017 the dominance was lower despite the altcoin market being smaller by a factor of ten

BTC and crypto just underperformed, Simple as that

>>49314975
You're very correct man. The bear season is the best time to bag real gems. The ones you mentioned are quite undervalued. I found some that are very undervalued with good utilities. AXL and VRA would fit best here.

>>49312991
It’s called diminishing returns

>>49312991
Miners are dumping every day. Sure there's less due to halvening but that far from outpaces the price appreciation. The market can only handle so much from miners dumping block rewards.

ah I love how the btc never does what people want it to do.

>>49313230
this

>>49313299
checkd but not this
neeed to plot BTC market cap / m2 money supply and no log scale

>>49314079
Are you aware you don't have to buy a whole coin, but decimals of it?

>>49315941
I hold 130k SYLO on Gate.io, where/how are you doing this liquidity mining?

>>49312991
institutions are playing now

>>49313784
He's right.