/biz/ - Business & Finance

this thread will get buried. the entire board is bobopilled. not me, ive been buying heavily (1k/day for weeks now). wagmi

>>53092910
lmao, cope. It near that big drop

>>53092910
>>53092918
>midwits thinking cycles will repeat for eternity
Cryptotards are so fucking dumb lmao

>>53093031
>This time... Its different!!!!

>>53093031
So much newniggers on this board.

>>53093192
>>53093238
>hey this rainbow chart proves Bitcoin will go up forever if you don't agree you're a newfag or a no-coiner
ladies and gentlemen...maxis and their nigger tier IQ

>>53092910
Im too scared to invest anymore desu. I invested a decent amount this year, but I'm tired of accumulating.
If there is a blow off top, i'm already invested and will profit. Maybe I'm retarded for not investing more, but accumulating USD has felt fine

>>53093255
I have 0 btc, I am an eth fag(leveraged btc) and yes, its at the bottom.

>>53093255
btw your pic is related 12k now is the same what 100k was in the 50k+ bull period.

either we're all going to make it or there's going to be complete global collapse. no inbetween.

>>53093328
why don't you face reality instead of coping?

Is it too difficult for you to accept the concept of diminishing returns? lmao

>>53093348
ohnonono how will i make multibillions from my 50$???! I have a lot more thats how. You are doxxed yourself as a newfag, now we know you are a poorfag too.

>>53092910
its ogre

>>53092910
looks like another leg down to me

>>53093348
it started in Q4 2020, why did you ignore that? you werent even around then, right?

>>53093452
holy cope

you people are on par with Qtards, keep moving the goalposts hahahaha

>>53093255
I have 0 BTC you retarded Bobo.

>>53093464
according this trend 2025 will be 12%, you dont think that do you?

>>53092910
big if true

Keep fighting the fed, idiot.

>>53092910
BTC hasn't made a higher low like that
ETH and DOGE have though ;) act accordingly

>>53093192
>this time the bubble will last forever and not burst!

>>53093382
there used to be a time when the 200MA was unbreakable support or we would wick right back over it
right now its strong resistance and we are still to see a crash in markets
yeah i am getting oct 2018 feelings here

>>53092918
Jelly bro. I'm all invested in the BTC miners which got REKT.
But if they go up I get leveraged gains over BTC.

>>53093031
>Cryptotards are so fucking dumb lmao

Cycles are based on human psychology you absolute drooling moron.
Human psychology has not changed ONE BIT since the days you crawled around with leaves on your feet and got devoured by wild animals.
Actually, I'd say paleolithic peoples were probably smarter (had to endure life challenging conditions on a daily basis, think on their feet) and also much more resilient and physically would demolish modern city cucks.

If you know, you know.

So a year+ before we see new all time highs?
Fuck this gay earth

>>53096153
Cycles are not at all impacted by fiscal and monetary policy that is now forced in one or two directions: hyperinflate or depression.

>>53092918
I too have $1k per day to buy bitcones and etheriums

>>53093192
Bitcoin literally just had four negative quarters for the first time ever.

>>53096303
Not bubble cycles.
And we've had periods of deouble digit interest rates before which didn't stop new companies and asset classes being created and propelled to ATHs.
You think every stock in the 1980s went to zero because interest rates were like 10%?

You're a stupid zoomie brainlet that doesn't even know recent history. You literally don't know anything, because you don't fucking read books.
Do you know what we call someone who doesn't read books? A fucking nigger.

We're in a quantum fractal. We are both in March 2019 and January 2020.

>>53096332
the seventies were pretty much a lost decade and then you have to factor in the low overall debt rate, the supremacy of western economies in the world for value add and the abundance of energy
then in the 80's the pump began even with double digit rates because financial conditions were easing and liquidity was pumped into the system
right now we are at the exact opposite for all those metrics, that is not to say 10 year bear market yolo
but we will go down until conditions ease again and you should check what the financial conditions index did lately and what that meant for asset valuation the past year

>>53096153
>>53096332
here's your cycle bro
long term cycle down swing time, it's not over

>>53092910
Sorry I’m not buying your worthless bags

>>53096464
So the end of the rainbow is a pot of shit?

>>53096314
Its BARELY different from 2018 if you look at the candles. Third was basically green, just slightly different timing.

>>53096332
Haha, nigger, you went back all the way to the 80s. Wow. Economic history surely starts in the 80s. Let me tell you about all the FIAT ever created that no longer exists except the ones that do. Can you guess what endless printing leads to since the 1200s China?

>>53096464
That's not a cycle.
That's just a graph of how poorly the dollar is performing against BTC.
The government is absolutely DEMOLISHING the value of the USD by trying to print their way out of every problem.

Tards gonna tard.

>>53093255
It didn’t go up forever. It dropped like 85%.

>>53096759
it's not a cycle yet, it's half of one
watch and see zoomie

>>53096759
but, the very thing that made your speculative asset go up is monetary inflation and low interest rates. part of the artificial money influx went into BTC, because people simply had too much free money on their hands.
now, get this: BTC has never faced a high interest environment, which actually makes money supply scarcer, and inflationary environment which makes expenditure higher and investment options fewer.
in other words: crypto is royally fucked.

>>53097223
If you think fiat isn't going to fight BRICS and pull every trick and innovation to pump the number, including trying to dominate incorporation of crypto/Blockchain/Smartcontract enabled value, you are quite literally an idiot and very likely an addictive gambler bobo who is as delusional as the bulls who were waiting for $100k. Thank for the sentiment, but you are just another retard faggot destined to get burned.

>>53097294
LOL. that guy thinks his magical minted tokens have muh real world use.
cryptography has it's uses, as do distributed ledgers of blockchain or DAG types, but they literally have zero use of your magical "governing" tokens which somehow have MC in the billions each.
CBDCs will use private super-fast blockchains with geographically dispersed, verified and secured nodes, as will everything else of importance.
do you actually believe that people paid trillions for a defense from 51% attacks on a public chain vulnerable to other 100001 types of frauds, bugs and hacks? no, they paid for the tokens because it's a speculative asset with zero prospects in real world value.

>>53097424
CBDC's are being designed to interface with existing blockchains, you are absolutely smooth brained. You would have been one of the dipshits who missed out on the creation of the internet too. Keep coping!

>>53097479
>central banks are designing their tech to interface with monke NFTs and indian rugpulls instead of being a secure closed system with secure connections to other closed system just like SWIFT is because...BECAUSE!

>>53097621
I need to prove to the bank that the monkey is actually mine, blockchain solves this

>>53097223
>is monetary inflation

Yeah, that's why the value of BTC will continue to outperform the dollar.
Governments can't help but keep printing.
They've only scaled back the printing recently after printing 20 FUCKING PERCENT of the total global supply of USD in just 2020 alone.
But all fiat currencies eventually go to $0 because of the corruption of governments looking for the easiest way out of fiscal trouble; there isn't a single currency that's older than just 100 years.

Gold is a cumbersome piece of shit, real estate can be seized by government or taxed into oblivion by government, so BTC is the only truly timeless asset that condenses TIME and ENERGY into a single, borderless, incorruptible medium.

Most of you 2020 zoomie know nothing but shitcoins. It's time you study and understand Bitcoin and what a revolution it really is in personal wealth preservation.

>>53097689
nice speech, deranged cultist (saylor?).
currencies existed for millenia, speculative assets are always a one trick pony. BTCs trick was it was new and interesting, and zero interest environment put a lot of free cash in people's pockets. now interest is growing and money supply is actually shrinking. no more money for high risk gambling. no more leverage trading too. if this goes on for a few years BTC is quite literally going to zero...if interest goes down, it could be revived. but probably not - it's not interesting or innovative any longer. maybe quantum blockchain will take it's place.

>>53092910
four years have passed since 2019

>>53092910
no, you're not, you're in sep/oct/nov 2018.

>>53097621
yes. what do you think, the banking sector is going to start from scratch and become blockchain developers? did you think the government would just outlaw the infrastructure people are using that works, just to try to lamely copy it and try to roll out a replica? even if they think its a good idea - do you think it is? do you think that will work?