/biz/ - Business & Finance

it's like when you've had too much to drink, or have eaten something you can't easily digest, and your belly hurts. you don't want to throw up because no one likes throwing up, but throwing up is the absolute best thing that can happen to you. the sooner you get it over with, the sooner you'll start feeling better. but when you don't comprehend this, you want to fight it and delay the inevitable OR end up absorbing toxic material that will only cause you harm

>>49532854
seems to depend on wether or not another defi protocol blows up in spectacular fashion
seems like eth is most at risk of another spike down due to forced selling
but regardless if you are long term then yes this is a good accumulation zone

in the end its always the forced selling that gets you rekt, at least protect your personal stack from such a fate

>>49532854
What kind of assumptions are your predictions based on?
The macro economic situation is fucking awful and i don't see money flowing into crypto in this environment.

>>49533273
Failure of traditional financial institutions. Why have paper trust when you can have cryptographic guarantees.

>>49532854
How is exactly what everyone is expecting “max pain”?

>>49532854
25k was the bottom moon to 80k nov

>>49533313
Not happening bro.

>>49533442
God I hope so but macro economics are fucked bro. 2017 and 2021 bullruns only happened against a background of economic euphoria.

>>49533410
Everyone is expecting max pain at 20k so we actually bottom like 5k

>>49532854
Itt retard figured out how to pull fractals out of his ass lmao

>>49533566
dude most altcoins are already down 90-99% what the fuck you want greedy retard

>>49533573
>>49532854
Where are you clowns coming from?Exchange liquidity for btc & eth is at an all time down, 2018-2020 had increases on liquidity not decreases plus massive strong dxy and even fiat deflation.

>>49533566
yield curve control will happen they will monetize everything to evaporate debt it's that or governments defaulting and if dxy pumps to 130 the european union probably collapses.

>>49533617
Most alts go down 100% in bears while the few surviving alts go down 97+% and never make ATH’s again. The only alts from last bull that made new ATH’s that survived the previous bear were ADA and DOGE. If you are in alts you will get fucked

>>49532854
Delete this

>>49533617
alt to go to zero.
bitcoin strong
ethereum and core services like makerdao existing
the above making up 95% of the market cap of all of crypto
memecoins need to fucking die

>>49533949
>muh it happened in the past so it must happen again
You bobos are truly retarded

>>49533617
Why are you in shitcoins you dumb fuck. People like you is why we are going down.

>>49532854
what about inflation? i remember seeing a little while ago a graph that showed bitcoins price accounting for inflation showing that the dip that occurred already put bitcoin down to ~$20k already (accounting for inflation)

>>49532854
can't wait for the remaster

I'm going to buy so much BTC wick below 25K holy shit

Some Alts are at generational buying level, Even if they can go lower

>>49533313
That's a lot of Ifs

>>49532854
inflation, 0.75 rate hike, war, covid, money printer off etc... this bear market will last 2-3 years
You can't crab for 2-3 years, btc will go to 12k

>>49533737
>plus massive strong dxy and even fiat deflation
in 2018-2020? no

>>49534648
it already went to 25.3. what if that was the bottom?
on one hand you can expect it to go lower and miss the bottom and on the other and you can buy in and it drops another 50%. really can't win either way kek

>>49533313
>I have a guarantee that my 0's and 1's stay 0's and 1's
So fucking what, if when you want to convert your 0's and 1's in actual goods you get told to fuck off by the government

>>49533313
Because “cryptographic guarantees” have failed at a rate that is orders of magnitudes higher than tradition financial institutions

>>49533846
And eth, which is an alt

>>49532854

''muh higher lows'' ''muh 200 ema'' You are worse than reddit tier and should kys.

>>49532854
hashrate go up while price go down
capitulation is baked in

Agreed

you people always just take the last move we just went through and repeat it lol

>>49533313
Because you can cheat with paper trust and not with cryptographic guarantees?
Chainlink is literally going to cause the first real banking holocaust causing 6 million bankruptcies.

>>49532854
TL note: plan means keikaku

>>49537785
yup, and ive never seen one of these "fractals" play out ever, in the hundreds of predictions that ive seen

>>49533617
There is no floor in crypto.
From -90% to -99.5% it's another division by 50.
Also most coins don't last long because everyone has learnt that it's better to chase trend than be patient.

I'm convinced we will see a sub trillion mkcap for crypto, probably back to 750 billions and it will be a fucking nuclear holocaust for alts and then hard consolidation in a few projects in a "winner takes all" mindset.

>>49533188
checked. Anybody that plans on holding for 1 year + because of taxes starts to accumulate btc and midcaps here

capitulation begins aug 29

cap this bus fr fr

>>49532854
Yep. I'm expecting this too. Flat correction FTW