/biz/ - Business & Finance

>>9900068
whats the difference between triple bottom and a descending triangle?

>>9900068
i wonder what caused that big spike
oh yeah
halving

>so when's the next one, anon?
2020

>>9900068
>>9900068
>>Literally a tripple bottom.
zoom out idiot

We are not at despair yet

>>9900068
Thanks. Just sold 100k chainlink

>>9900068
>he thinks it's the bottom
sorry friendo

>>9900088
I am at despair. Shood I sell.

>>9900095
The fact that retards like you think we haven't reached the bottom is proof that we did. Just went 50x long.

>>9900068
We're going to 0$ didn't you hear the German? Shorting is the new paradigm in crypto, we will spread this on Facebook, Twitter and Instagram, eventually major news stations will also pick it up and everyone will short Bitcoin. Untill the CEO of BTC owes the shorters money. Germans don't joke around, haven't you seen their automobile ads?

>>9900073
Shhh... Let them buy back. Let them lose money over their delusional. These perms bull fags dont wanna listen. I bet some of them are gonna hodl all the way to 4k and then sell

>>9900169
please dont start this again

>>9900124
no, you should start buying here
>>9900172
it has to go this way
it's a direct consequence of those people buying in at peak delusion
these people are still in and will sell at peak despair

>>9900079
Backtest this theory

going to 500,000
6,500 is the new 200
BTC

>>9900287
We are going to retest 5.9k, then 5.6k. If those don't hold then 3-4K easily

>>9900249

>>9900226
this.
take a look at a halving history chart and overlay a log BTC price chart after 2012
macro direction reversal after every halving.
it also economically makes sense as describe in pic above

>>9900319
So you just pull numbers out of your ass and those are the important levels? Fuck off.

>>9900226
>every 4 years the supply of bitcoin halves
Why are these shills always so retarded?

>>9900068
>tripple
you just made up a word of "triple" and "ripple".
gj bro.

>>9900414
>every 4 years the supply of *new* bitcoin halves
?

You just have to look at the monthly chart, we're dumping and the volume is rapidly decreasing, there's just no downward momentum left. All the people selling or going short are just fueling the rocket.

>>9900226
smart anon but I bet he sold too early and missed the 20k gains

>>9900455
it's not going to be a rocket
it's just going to stagnate and bounce around for a couple years until the next halving when it reverses and a new bubble happens

>>9900414
>Why are these shills always so retarded?
Your the retarded one that doesnt understand the bitcoin emission rate

>>9900434
Mining difficulty

>>9900464
I did, sold at 10k

>>9900493
I sold 30% around there as well. I couldn't believe it would keep going.

About halving determining everything Im not so sure though. remember the runup to 250 in early 2013, everybody thought the bubble was over and 4 months later we went to 1k.
I think this currend bear might be like those 4 months.

>>9900532
and when did btc halve prior to that?
Nov 2012
look at the price reversal lmao

>>9900555
Well yea one could argue the halving caused 2 bubble-cycles in quick succession in 2013, who's to say it wont do the same now? Just slower due to the larger market we have now, and delayed by the issues BTC is facing.

>>9900068
say, why are there lower lows as well as lower highs?

>>9900385
Those are major supports

>>9900532
this is true and why I already started buying in
we are literally at the crossroads

>>9900570
I highly doubt it
that first 2013 crash was the big China ban FUD
second was Yuan shutdown and then Gox
all of which were black swans and BTC would've continued to appreciate without them

we haven't had a black swan event so that indicates the bubble popped naturally and therein means it will follow a natural downward trend until the next halving to trigger another bubble

>>9900692
Because you said so?

>>9900172
11k by EOM. Prove me wrong.

>>9900714
>>9900555
>>9900475
Halving is a meme you brainlet it does not determine the price. The market has been fully manipulated since summer last year it will moon when tptb want it to moon

>>9900068
falling wedge if anything

>>9900854
Need a hard bounce for that, so far we haven't really seen any. Just weak bounces.

>>9900068
>Lower lows and lower highs each peak
>"triple bottom"

Pick one faggot

>>9900863
>since summer last year
go home newfag
market has always been manipulated

basic economics and the charts prove me right

>>9900068
That's not a triple bottom though.

>>9900892
Yes but big boys entered last year if you were trading as long as I have newfag you would know. That pump to $20k was artificial. Halving means nothing. It doesn't prove you shit.

>>9900863
Every market is manipulated, only the amateurs in crypto make it to obvious. You think that the SPY falling to a low of 666 is a coincidence? Or the DJIA falling 666.6 points is just natural market behaviour?
Or the fact that Binance Low was 6666.66 before going to 9k and its rejection this week was 6666.66 before falling lower again?

This market is not only manipulated its being kept hostage.

>>9900863
> The price is not going as I want, therefore it's manipulated. You know, it's all controlled and stuff. It is known!

Idiot.

>>9900928
Big boys have largely been in BTC since before ETH existed lol
That pump to 20k was a natural bubble triggered by the halvening and compounded by media attention.

>>9900863
>''16And the second beast required all people small and great, rich and poor, free and slave, to receive a mark on their right hand or on their forehead, 17so that no one could buy or sell unless he had the mark — the name of the beast or the number of its name. 18Here is a call for wisdom: Let the one who has insight calculate the number of the beast, for it is the number of a man, and that number is six hundred sixty-six.…''

>>9900124
if you feel despair, it means the other people felt it too and already sold

it means you buy more

once you feel greed, that's when you start to get careful

>>9900956
Actually the price is going exactly as I want. Sold at the top now I scoop it up low at the bottom. Stay mad faggot. Im loving seeing fags like you cry as I set my shorts and short with the big boys. Lmao.

>>9900854
according to this, it's more like 8.5K EOM

>>9900961
No they haven't. Major players entered last year and pumped the market
Hahahaha ha natural bubble LMAO. Yes and who controls the media. Use your brain. That pump was artificial as fuck.

>>9900068

LOL, we're going DOOWN. SELL SELL SELL. Me and my friends are getting rich as fuck from shorting this shit to thr fucking GROUND. Aftwr 6k breaks this shit will fucking CRATER. Can't wait to short it, we'll be fucking rich man. But yeah just keep thinking it's a triple bottom lol.

>>9901007
your bait is really transparent anon
i bet you missed it and bought the 'dip' at 16k

>>9901012
He knows what's up. This was a giant pump and dump. We are still in the dumping phase and it's gonna be shorted to the bottom of the barrel before the next big pump.

Short short sell sell. Anyone with a brain taking a look at those staggered sells knows this entire market is held by the balls by tptb. Big fucking money is in btc now and it's headed to the dirt before the next pump.

>>9901023
Stay mad. Bought my first btc at $700.wish I sold more at the top but I'll make it up on the way down with these shorts

>>9901047
$700? that's cute.
i don't have to insecurely larp about when i bought in because it has no baring on the reality that nothing is going to happen with BTC until at least 2020

>>9901067
Stay mad nigger. Bought my first btc in 2014. Stay poor too. Btc is being taken for a ride. You think nothing is going to happen? Are you stupid? Crypto is volatile as fuck it's going to be driven into the ground. Look at all the bullish news yet the dump continues. Big players shorting to oblivion. Pump and dump you db nigger.

Stay poor. Seriously please stay poor so your dumb ass will be weeded out of the market. If you think that pump to $20k was organic youre fucking delusional.

EZ 3k EOY

>>9900978
I feel greedy right now though.

>>9901105
your emotional responses and the fact you keep telling me that indicates you clearly didn't and you bought the top and are now coping by doing a U-turn on what you thought would happen when you bought the top of the bubble.

it's following the exact pattern of a natural bubble that started after 2016 halving
it's going to continue on a downtrend until 2020 halving

the bull run begins in july

Now is the time to buy

Futures contracts are up and they are preparing for round 2

This is going to be historic

>>9901232
haven't heard that one before..

>>9900068
I don't know anything about TA does this mean that if you ever see a double bottom then you can reliably assume if the price ever falls down to that bottom again it'll be a triple bottom? That seems like bullshit.

>>9900068
Nobody’s going to mention the fact this guys line doesn’t even touch 2/3 of the bottoms...?

>>9900068

OP BTFO

>>9901232
Futures contracts are preparing to run this shit in the ground even more. It's never going to stop.

>>9901199
You are the epitome of loose butthole, Rebecca.

>>9901412
This

>>9900493
So you're saying you're that guy who made that post on December 4th?

>>9901630
yep

>>9901678
That post was really inspirational, seen from now. It was actually a pretty impressive prediction. The only bad thing about it is that BTC nearly doubled during the next two weeks after you posted and probably sold that.
If you were to buy back in now you'd still be up a lot though.

So, as a former Nostradamus, what is your take on this whole *correction*? I read that you have started to buy back in. What about more potential to go down?
I have never sold and at this point never will - not until we reach new highs of course.

>>9900863
Good goy, don't buy anymore.

My god you people are dumb. Theres no bears or bulls. Just jews waiting till they can get their share (((25%))) and then theyll run it up just to dump on the goyim. We arent moving past 8k till the SEC makes BTC Kosher.

>>9901199
Such projection. Jesus. There is no such thing as a bubble chart because it is all a matter of perspective. This could be blip on a much bigger chart.

But keep convincing yourself that it will stay on a downtrend till 2020. Just don't deceive others with that bullshit. It's utter horseshit and you know it

>>9901908
a bubble is measured in rate of increase. don't talk about things you don't know.

>>9900068
Q predicted this

>>9901199
You sound like a massive faggot. Keep projecting buddy. This market is 100 percent controlled by big money the entire marketcap of crypto is an ant compared to traditional markets. The run up to 20 was a test run, I bet you they hardly made any on that run up. The next one is the big one. They want to make crypto mainstream and in order to do that they have to pump the market again to new highs, which they will. Very soon later this year. But first they will drive it to the ground.

>>9901955
don't say i didn't tell you so
btc will do nothing substantial until 2020

>>9901929
>Literally talking out of his ass
>TA in crypto
>muh halving
People like this exist.

>>9901972
a bubble isn't TA, it's herd psychology
when you anons learn that you'll maybe stop losing money

>>9900068
Listen you dimwits.

If bitcoin has triple highs - that means it's breaking thru and going to the upside.

Triple lows means it's going down.

Not rocket science. God you all hate money.

40k? TRY 4 MILLION BUDDY BEAHA!

>>9901955
This. 20 was just a test run. The media frenzy was a dead giveaway. I know people that become aware of crypto but not many that actually bought. People thought that a ton of normies bought in, that's just not true. Sorry. 20 was a test pump.

The crypto market is minuscule compared to everything else. The powers that be want crypto to replace the dollar. It will happen.

>>9900068

3 x lower lows

lower highs

no new dumb goy money

>>9901991
>rate of increase
>not TA
>Says dont talk about things you dont know
Cant make this stuff up.

>>9901972
>Literal brainlet
>Too stupid to understand financial analysis
>Thinks it's literally voodoo magic like a nog being shown a cell phone for the first time

Just LMAO

>>9901844
so yeah I sold at $10k on the way up
it's life changing money and wasn't willing to risk it
at the time it was the same as walking into a casino and putting your entire life savings on black
I was wrong about the velocity of the correction tho, I guess the wide array of exchanges softened it.
right now the pattern has broken the classic bubble chart so we can really go both directions so I'm spreading my risk and took a position here. I can't predict the short term but I believe that eventually it will go up again and we'll have another bubble.
I'm biased because I believed in another bubble after the 2013 burst, so there's that.
Literally betting a house on it.

>>9902033
measuring a bubble is TA

a bubble itself is not TA
it's herd psychology

>>9902059
>A bubble isn't TA, but it is
>Let me mince words
>This is an argument

>>9902090
sorry that you're too dumb to understand post-event analysis vs the event itself

you'll get there one day kiddo

>>9902109
>Realizing he doesn't have an argument
>Resorting to Ad-hominem
Sorry buddy but that meme bubble chart is just that a meme and meaningless in a manipulated market. Cope

>>9902118
bubbles are bubbles whether you like it or not
humans never change

>>9902109
Also
>16 posts
>vigorously debates anyone who disagrees with muh TA, muh bubble, muh halving

>>9902144
not TA

>>9902139
>>9902109
>>9902059
>>9901991
>>9901967
>>9901929
>>9901199
Lay off the onions

You're wrong

>>9902144
he needs his daily s o y injection

leave him be

>>9902171
>>9902186
>>9902144
screencap me faggots
btc will do nothing close to Dec 2017 until minimum 2020

>>9901105
>if you think that $20k dump was organic
>falls for articles by CCN and Forbes

>>9902201
Capped

you will lose this one badly, kek

Don't buy Bitcoin because you know it's gonna ((crash)).
https://www.youtube.com/watch?v=XbZ8zDpX2Mg

>>9900068

L O L we going down faggot

>>9902053
You seem to be a valuable person to be around. In case you have discord, what's your tag?

>>9902297
Huh. One of my bots works with its memelines and with other shit it trades. I usually don't share the lines because I don't trade them myself. But the B zone is about a 5% off from the one the algo wants to use. Not that convinced about the speed of the recovery, we'll see.

>>9901157
https://alternative.me/crypto/fear-and-greed-index/

you're like the only one

>>9902488
SpaceWolfMan#2464
I'm not in anything crypto related though
I am in #altcoin-pricetalk on irc.freenode.org

>>9900068

not sure what the problem is- looks like a fairly obvious consolidation for ETH (and all other currencies) with a breakout in august

>>9902847
literally buy when others are fearful

>>9902706
>This chart

>>9902899
I bought when others were fearful at $7600

sometimes you have to sell when others are fearful and about to get more fearful

>>9900068
I've been in crypto since early 2013, I'm telling you all, this is the time to buy.

The lowest BTC will go is mid-4000s again, but after it bottoms and the bullrun starts, it'll be the craziest thing you've ever seen.

BTC will be 50k mid December.

>>9903419
buying now is like buying at $80 in q3 2013

>>9903836
More like q3 2014

>>9900319
Fucknig ship will follow technical vodo to their grave. Oh well At least we can profit from it.

>>9902053
top marks larp
good luck faggot

>>9900414
lol you're stupid, go read about btc before typing shit

>>9900068
What are the odds bitcoin will never go back above 6500? Practically zero. Just hold retards.

>>9903419
I believe, anon

>>9900068
>triple bottom
>bullish
fys pajeet

>>9903419
its unironically different this time

all previous bullruns didnt make people billionaires/mega millionaires

price was simply driven up too much so now the risk vs reward isnt worth it to the upside

this incredible sell pressure from whales is scaring out all normie money, and will start to scare even the hardcore holders at 2-3k when they finally realize this is not a normal correction.

multiyear bear and 3 digit btc isnt unreasonable

>>9905649

Lol, 3 digit btc. That's just bearfag euphoria, basically reverse of the normal bubble euphoria. Sorry mate it's too late to get rich shorting bitcoin now. You should've shorted around 10k at the latest.

>>9905649
>not believing in masterluc
https://www.tradingview.com/chart/BTCUSD/ETsf4M8H-Midterm-picture-looks-bearish/

medium term being about a year. btc unironically 40k usd by end of 2019

>mfw its a double dead cat bounce

>>9905649
whales arent whales because they lack patience

t. whale

>>9905720
It really isn’t that ridiculous that BTC could go below $1k within the next year. I think it’ll be below $4k within 3 months.

>>9905479
>flush yourself
My sides

>>9906629
How new are you? I've been demanding this for years.

>>9900068
looks like a triple top to me

>>9900287
$500K is 2/3rds of the projected theoretical value if it satisfies its purpose as a world currency.
It's dying and going down to $3K

>>9907758
> it satisfies its purpose as a world currency.
This is never the purpose of Bitcoin.
Bitcoin is more like a store of value with its deflationary supply model.

>>9908833
is ethereum not deflationary?

>>9908849
No, Ethereum is not.
Unlike Bitcoin which has a halving event every 4 years, Ethereum has a linear supply model

>>9900068
OP doesn't know about a triple bottom requiring a confirmation of breakout.
OP thinks it's confirmed.
OP hasn't realised the price of BTC needs to exceed 11k to confirm a triple bottom.

>>9900068
It has to go up again first before it's a bottom

>>9900414
Poor education. That's why they buy Bitcoin.

>>9908953
so everybody fucking buy some and lets make it a triple bottom and fuck all the bears who sold

>>9900949
This. So much of this.
These numbers are "fuck you", straight in your face anons, and you still talk about natural market cycles...c'mon

>>9908915
explain it to me like i am done

Is it
A) Bitcoin needed to go to 11K then made a 3rd bottom
OR
B) Once bitcoin hits 11K the triple bottom will be confirmed

>>9900414
no coiner or brainlet, i guess both ayyy

>>9900068

>>9905649
If btc hits 3 digits in the next year I would literally pour my life savings into it. Not that much to some on this board but in the low 5 figures.

>>9901412
Absolutely.
$3k inbound

>>9900068
go look at a chart or silver op
sideways