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/biz/ - Business & Finance

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10044141 No.10044141 [Reply] [Original]

What stage are we unironically at?

Sentiment is lower than I’ve ever seen it. Normies are burnt, hodlers are quiet, almost all the moonkids have left.

>> No.10044162

Next dip is despair, coming tomorrow or in a few days

>> No.10044179

>>10044162
Don’t see dispair in the meme emotion chart. Is that in between anger and depression?

>> No.10044195

>>10044141
Just above the depression low

>> No.10044198

>>10044141
Solidly in the middle of denial

>> No.10044211

We're in denial for sure. Just look at how confidently people say the bear market is over the moment BTC stops dying for a little while

>> No.10044215
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10044215

Anxiety

>> No.10044225

Disbelief

>> No.10044265
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10044265

>>10044179
yes you just can’t see it since it’s so far down

>> No.10044298

I think full blown depression. I think the non log chart closely resembles it. Hoping we revisit 5900 and make a higher low followed by a higher high at 6500. That'd be a step in the right direction.

>> No.10044328
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10044328

>>10044141
Early stages of depression, expect this to drag out till 2019 when we may see a slow gradual rise

>> No.10044330

Shitlinkers are a great indicator: we're between complacency and denial.

>> No.10044333
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10044333

>>10044141
what comes after disbelief?

>> No.10044342

>>10044298
And who is investing ?

>> No.10044359
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10044359

nignog

>> No.10044379

>>10044342
>>10044342
Theres a fuck ton of money on the sidelines

>> No.10044393

Without a miracle, we’re nearing despair. We still have a lot to lose. The market is dependent on actual institutional adoption happening or the halving.

It’ll take some kind of ETF or whatever.

>> No.10044399

>>10044379
Can I get a source on this claim or do you just “feel it must be true”

>> No.10044409

>>10044342
Me for instance

>> No.10044432

hodler here, I'm somewhere between anxiety and denial at 80% down from ATH

>> No.10044448
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10044448

>> No.10044452

>>10044141
Hahaha, I loved how the attitudes have changed since April. Where is your mythic magical golden bull run now you bunch Magic Johnson faggots.

>> No.10044454

>>10044141
Anger probably. I've moved onto depression but I've always been a bit ahead.

>> No.10044497

>>10044448
>>10044399
Sideline money. I wish we could see how much is parked on usd exchanges, though.

>> No.10044574

>>10044399
Anecdotally, I have friends and family who “knew it was a scam along.” All of them will jump in the second the price gets close to ATH.

>> No.10044578

>>10044141
BTC cant go below $5800 or the U.S will stop the futures market. W're in depression, come Q4 will be loads of institutional money pushing us into the golden bull run. Get out in 2-3 years.

>> No.10044590

>>10044578
>BTC cant go below $5800 or the U.S will stop the futures market.

BTC price isn't dictated by the futures market

>> No.10044599

>>10044432
It’s crazy how much more bears expect us to lose. Even some of the worst stock crashes didn’t hit these percentages of loss. Some people who got in December have lost virtually everything they put in.

>> No.10044606

>>10044574

This.

EVERYONE has heard about bitcoin now but only a small percentage actually bought any. IF we get another bull run again the FOMO will be something unreal.

>> No.10044616
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10044616

>>10044590
>>10044599

>> No.10044621

>>10044211

So basically what you're saying is...this is a sucker's rally?

>> No.10044628

>>10044599
>Even some of the worst stock crashes didn’t hit these percentages of loss.

Last crypto cycle we dropped about 85% on BTC. We've only dropped 70% so far

>> No.10044632

>>10044590
Except the wall street fucks behind this crash want extra money, so theyll do everything to keep this cash cow alive.

>> No.10044635

>>10044578
I hope you’re right. I would kill for my ATH portfolio.

>> No.10044650

>>10044141
I am at panic and depression simultaneously.

>> No.10044672

>>10044628
I don’t think 2014 is comparable. A huge chunk of bitcoin and the largest exchange was hacked. Bitcoin was the only dog around back then. There’s a lot more technology and money involved this time around.

>> No.10044681

>>10044574
Why

>> No.10044682

>>10044379
Mike novogratz just did a 20 minute video basically promoting the next bubble, since big industry now have the regulatory green light. Last bubble was purely retail investors

>> No.10044702

>>10044616
It's amazing how the smartest people in the history of the planet can be just as weak to emotions as the rest of us.

>> No.10044710
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10044710

>>10044141
Biz quality this week has been the best it's been in months. Retards are down like 40% and good threads are up a whopping 300%.
I don't know if that's bullish or bearish.

>> No.10044723

>>10044141
Ive got balls of steel. I just keep on buying, i dont care even if it takes 3 years to recover. I’m gonna make it fuck all you pussy faggots.

>> No.10044739

Way too many positive posts and threads to not be in disbelief stage.

>> No.10044743

>>10044681
Because they’ve been perpetually butthurt that they haven’t bought Bitcoin over the last 8 years. Then it hit mainstream and they all considered buying, but the market crashed before the FOMO really hit.

If it gets back to ATH levels, most of them will buy this time around for fear of missing out again. My cousin specifically told me he’ll only get in once it gets higher than 20k.

>> No.10044756

>>10044628
Most alts have dropped about 90%.

>> No.10044765
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10044765

>>10044141
right here

>> No.10044770

>>10044743

>Because they’ve been perpetually butthurt that they haven’t bought Bitcoin over the last 8 years.

This. You can literally smell the butthurt. Just look at Warren Buffett or Jordan Belfort talking about bitcoin. Both of them missed the biggest investment gains of this whole century and the butthurt is just incredible.

>> No.10044777

>>10044574
agreed.

If you go back on the charts, the rally after a bear market really begins slightly before new ATH are reached

>> No.10044785

>>10044756

So? Most alts eventually drop 100% and then stay dead

>> No.10044796

>>10044739
>this is a sucker's rally

>> No.10044809

>>10044141
We haven't seen panic yet.

>> No.10044829

>>10044809

Where the fuck were you when we hit 5.8k?

>> No.10044876

>>10044141
35% chance it's depression
65% chance it's denial
imho

>> No.10044878

>>10044743
Yeah normies are dumb but they aren’t about to buy in a 20k and get dumped on again

>> No.10044888

>>10044162
Keep saying it. Won’t make it true. Still a long way off and we all know it.

>> No.10044901

>>10044878
You seem to forget that normies ALWAYS forget

>> No.10044906
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10044906

>>10044141
no rally til 2019

>> No.10044917

>>10044876
as someone said alts are like 90% down on slot of them.80% on a large amount.This is depression\despair make no mistake.A few months back was panic and anger when every thread was a serious pink wojack.Now everyone is just like meh we dropped more, wtf can i do about it.Classic despair/depression.

>> No.10044920

>>10044198
Only sensible post in this thread

>> No.10045014

>>10044141
>>10044682
Even if there is some "intitutional money" waiting on the sidelines I often hear how they will go towards exchanges, muh real companies etc, they don't want to buy our shitty bags. The most likely coin they would go for is btc but aren't we deluded thinking that institutions with their risk aversion will buy a coin that is probbaly soon gonna be controlled >50% by some chink virgin?

>> No.10045015

>>10044829
Panic is the possibility of 3 digits bitcorns not saying it would get there but just hovering about the 1k-3k range would be panic. This is pure denial. We need to get to 3k-4.8k to start an uptrend.
In depression nobody thinks it will ever go up again, right now there are a lot of threads that think a bullrun is incoming.

>> No.10045128
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>> No.10045135

>>10045015
Waht an idiot.lol This is it, we're at the bottom. BTC cant go below $5800 because of the U.S futures market minimums. Chinas govt is coming back in 2019 and either Wall street moons us or they do. Expect some sideways, maybe 8k and then we just need 1 piece of information to send us flying past 10k.

>> No.10045283

It only takes this thread to see sentiment has changed. A month ago and everyone would be LARPing that we were at complacency.
We are firmly in depression, how long is the question now. I don't think a rally is around the corner just yet.

>> No.10045321

We may not see a bull run for a while (well into next year would be my guess) but we're well past Anger imo, as could be seen by all the AAAA's over the past few weeks/month.

>> No.10045326

>>10045014
Some erc20s are legitimate utility tokens and are assets like new gold, will be used to power new systems and can earn passive income through staking. Why wouldn’t they get involved?

>> No.10045381
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10045381

are we really fucked til 2019? why did I buy in 6 months ago then

>> No.10045400

>>10044723
This is the best strategy. Everything else is newfaggotry.

>> No.10045438

>>10044777
A crash will get all normies out

>> No.10045453

>>10045381
>why did I buy in 6 months ago then

Because you're dumb

>> No.10045564

>>10044141
im still in the denial phase myself

>> No.10045580

I think I'm solidly in the "I have no idea wtf is going to happen next" phase.

>> No.10045650

>>10044141
Denial imo, there's still a fuckload of bagholders out there. When everyone has given up and start selling at a loss, even on places like /biz/ or other crypto discussion boards, then that means we're at depression.

>> No.10045657

Is aids filtered too?

>> No.10045677

>>10045650
You're biased, most people sold. Even this board has way less traffic than 6 months ago, not even speaking about normieshit like r crypto

>> No.10045687

Somewhere before the depression phase in the dipping I'd say. Volume is already too low and declining to see even more bigger drops and price already tanked around 70%, with many alts around 90-95%, even the best ones.

What we really don't know is how long this shit is gonna last. Can also be 6-18 months sideways action without considerable movements, unless there are some good triggers. People are ready I'd say and when things start moving they move within a week. So just buy with some money you don't need and mind your life until then and forget crypto.

>> No.10045757

All my body is screaming to sell what's left. Therefore I should buy

>> No.10045860

I think i'm at denial, I have this feeling that things will eventually bounce back in the year, but it's seeming less and less likely with each passing day.

>> No.10045921
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10045921

>>10044141

>> No.10045944

>>10045677
Same memes and pictures posted daily. You know the crowd is dead when memes you photoshopped are posted every other day. Crypto is not being used. You re still an early adopter buying in now. Bitcoin is the Titanic surviving iceberg after iceberg.

>> No.10046039

Where we are is all the seed capital has been paid into these projects. Now they must move into the real world.

>> No.10046423

>>10044328
This, google trends is rising again :3

>> No.10046915

>>10044198
Nah. You are taking /biz/ too seriously. Its either panic or anger. Go to GBTC stocktwits or any boomer infested crypto space and you will see what I mean.

>> No.10046925

>>10044211
>taking memes seriously
wew lad

>> No.10046931

>>10046423
That's me. Looking for porn involving Bitcoin in some way

>> No.10047030

>>10044743
What's also good is that normiebook recently has allowed adverts of bitcoin to be shown

>> No.10047336

>>10045757
My mind is telling me to stop wasting time, get a job, a loan and start buying on crypto because we still have 4 months to go before the bull run. Or else we wait 4 more years.