/biz/ - Business & Finance

>>57841576
just wait

>>57841576
no no im here im just lurking

>>57841576
hold....

concerned about the most bullish signal possible? i would be concerned if i was a bobo yeah

>>57841576
Because 69k is 40k in 2021.

>>57841576
btc has not hit ATH yet newfag

We're right before "media attention" on this chart

>>57841576
Because IT'S THE SUPPLY. Not the news cycle, not the short interest, not the hype. THE SUPPLY moves the price first, and the media coverage follows. It's NGU technology. The price is programmed to increase over time. Do some research on how Bitcoin's supply works. Compare it to the dollar's supply. That's all there is to think about.

>>57841576
my working theory this past month is that normalfags are all broke and can't get into the action so they're trying to not notice.

>>57841726
120 IQ post

>>57840217

>>57841692
That dotted line should be at least 45 degrees upward.

>>57841576
that's normal, newfag

>>57841726
the supply is irrelevant, you need people wanting to buy at an higher price

>>57841576
no one has cared about it since the first pump in 2017. crypto had its chance 2 superbowls ago with all the ads and ftx arena, etc.

lets be real, the only people buying crypto are men preteen to under 60. its too confusing, 1/7th century old with no adaptation. it's a casino game based on nothing aside of hoping someone buys it for more after you paid. thats it.

>>57841861
>men preteen to under 60
So literally everyone except women?

>>57841576
First wave probably wont come till 70k (tomorrow). Then once we pass 100k is when the madness starts

They don't want to wake up the normans while they buy up all the bitcoin. It's over for the normans

>>57841842
>supply is irrelevant in market dynamics

are you for real?

>>57841576

No, it just means the bullrun hasn't started yet which we are aware of

Bullrun starts to start at 70k

>>57841842
I'm the person who wants to buy at a higher price you fucking retard. We're talking about unconfiscatable money. I don't need you to buy. If there's one other person on the internet who thinks like I do then the price will go up after the halving like it does EVERY TIME FOR THE LAST 16 YEARS

>>57841881
>boomers dont exist

>>57841675
this

>>57841842
ETFs literally must buy supply as long as people invest in them. People will keep buying at higher and higher prices as long as it keeps going up, which it will, because supply will continuously dwindle.

>>57841970
dude there's Jim Cramer ETFs. just because an ETF exists doesn't mean shit.

The second normal people start talking about crypto is when I am going to sell, this happened last cycle and the one before. I'm sure it will make the news tomorrow or this week.

>>57841956
>women, boomers and jews are the only ones not into crypto
this is insanely bullish

>>57841970
This is my current move is in ETFs due to the weird tax rules with crypto currently.
However I plan on exiting in to physical boomer rocks when I feel the top is in at around 85 - 90k.

>verification not required.

>>57841993
cope and seethe beargroid, the BTC spot ETFs are getting shoved into every investment product you can think of

>>57841576
there's a reason the entirety of the 3rd World is all in on bitcoin.
and personally speaking, where turd worlders are, I aint (not racist just don't wanna be near em).

>>57841576
Its just a matter of time op, just hold...

>>57841692
this

>>57841726
based

im just wating to profit so i can gamble like 10% into eesee to 100x that shit and get my bag

>>57842070
>watcher.guru

ok.

>>57842078
the world runs on usd, ivan.

>>57842093
https://en.wikipedia.org/wiki/Argument_from_authority

>>57841576
I don't need validation from retarded reactionary normies. You may want to shore up your knowledge if you do.

>>57841576
because the run hasn't started yet

>>57841993
Are people throwing in a billion dollars daily into Jim Cramer ETFs? People see green line, they buy. Until the green line turns red, they'll continue buying.

>>57842226
>a billion dollars daily
btc etfs after a month are at 4.2b.

>>57841947
no, you are bagholding hoping to dump on a greater fool
>>57841970
yeah and once it stops going up it will crash

>>57842120
faggot

>>57841576
that means it's still time to buy.
as soon as media starts talking about it is when you want to start slowly selling off, and then buy back ~6months-1 year later after the crash.

>>57842646
https://en.wikipedia.org/wiki/Ad_hominem

>>57841576
>not a single media or even the first wave of normalfags
Fuck that, not our job anymore. Fidelity and BlackRock will have niggas here soon enough. And they'll be spending hundreds of millions to do so. Yay!

>>57841576
during the last bullrun when btc hit it's previous ATH no normie even knew about it
it's when it's at like 2x previous ATH they start getting excited