shit bout to get real

[Anonymous No.10639600]

We are unironically entering panic.

[Anonymous No.10639617]

It's depression for bitcoin.
Don't give a shit about your alts. They'll probably go to zero.

[Anonymous No.10639640]

>>10639600
For once I agree.
Finally denial is over. You see more and more people accepting the fact that their promised bull run was cancelled. A few are still in denial but they'll be justed soon.

And now we enter a multi-year long lightly-bearish/sideways market.

[Anonymous No.10639656]

Stock market is at complacancy

[Anonymous No.10639718]

It's pretty simple. Anyone with high IQ can see exactly where we going.

[Anonymous No.10639749]

>>10639718

[Anonymous No.10639767]

>>10639718
>moon moon moon moo!
why the fuck are bulls so deluded?

[Anonymous No.10639768]

>>10639600
this. i would say we are around 50% panic 50% denial at this point. i think in another 4-8 months we will be 100% panic and then another 12-24 months after that of depression

[Anonymous No.10639782]

>>10639640
>it's going to do the exact same thing it did last time

Why do you idiots even bother? There is no natural two year cycle. These things are driven by fundamentals. The existence of exchanges, darknet markets, liquidity improvements, futures, LN upgrades, etc. We have lots of stuff coming on an accelerated time table now including major players launching more exchanges, custodial services, ETFs soon, protocol upgrades, LN growth, etc.

We have 1000x as many people driving improvement as we did last cycle. You don't have much time to waste if you want 100x gains from here.

[Anonymous No.10639796]

>>10639768
you fags didn't notice one small detail on this bitcoin bubble? it has a hard bottom like never before in btc or any stock history.

[Anonymous No.10639806]

>>10639782
Shut the fuck up retard. I'm obviously smarter than you. I predicted the downtrend correctly and as a result did not lose any money. I really don't need to read your irrelevant deluded moronic comments.

[Anonymous No.10639813]

>>10639782
>custodial services
"hey i see you got an asset there that is no trouble or expense to keep first time in history it's completely safe and secure by a secret only you know and it not only stores value but almost every year greatly appreciated."
"..."
"so how about you give it to me and i for a small fee of course keep it for you?"

[Anonymous No.10639817]

>>10639806
famous last words

[Anonymous No.10639827]

>>10639806
Stfu, pajeet.

[Anonymous No.10639831]

>>10639767
If you didn't notice there's a 2-3 year bear trend there where it drops over $100k kek

[Anonymous No.10639836]

>>10639782
All of this is bullshit. The real fundamentals is this:

Is there a bunch of neets getting ready to pump their coin in their discord group?

[Anonymous No.10639845]

>>10639813
Retarded, I agree, but these services will offer insurance against theft, hack or loss and boomers/old money/institutions will be happy to pay the premium to know that their money can't go poof just because they had a keylogger on their machine or just because their house fire incinerated their paper wallet.

[Anonymous No.10639878]

>>10639782
Let's just ignore the bitmain ipo, bakkt and possible multiple etfs. They mean nothing.

[Anonymous No.10639883]

>>10639782
Its absolutely fucking retarded that people think we are going to repeate the 2year+ bear. That was caused by Gox dying, a major even that took out the exchange that handled 80% of the fucking market. It was the life or death moment for early BTC. Now everything is coming to a head both in infrastructure, tech fundamentals, and institutional investors setting up tools for big and normie investors alike. There will be no 2 year bear, everything is coming to a head and shits going to blast off within the next 6 months.

[Anonymous No.10639900]

>>10639782
>We have 1000x as many people driving improvement
the market cap is also 100x higher so your argument isnt really relevent desu

also kek at believeing in funamentals

[Anonymous No.10639913]

>>10639600
https://www.youtube.com/watch?v=HSxECJNYPuA

[Anonymous No.10639929]

>>10639883
This anon gets it. It's almost like (((people))) want to crash it now to accumulate cheaply huh?

[Anonymous No.10639934]

Let's get real, we are entering the Rekter phase

[Anonymous No.10639935]

btc is a vengeful and hateful currency... the only sense is that it will JUST bears just as bulls have been JUSTed.

20k by New Year. If you know bitcoin, this is the only realistic thing that can happen as everyone will keep REEing which is the only static variable.

[Anonymous No.10639936]

>>10639883
Exactly. Plus the existence of high liquidity USDT pairings leads to extreme liquidity on a potentially accelerated timeline.

Scary to be selling now

[Anonymous No.10639944]

You seen reddit or even threads here? People are continually calling it the bottom on their alts even days after a new low. Repeatedly. We're still firmly in denial.

[Anonymous No.10639965]

>>10639944
trying to time the bottom is rough, but when we get there accumulate like a mother fucker in good projects that will rise back up and thrive.

[Anonymous No.10639970]

>>10639965

"My investments are in great companies! They will come back"

[Anonymous No.10639978]

>>10639944
Altcoin denial, yes. BTC is going to 70% dominance minimum in the next several months and people married to their shitcoins are in denial.

BTC, we're at what, a quintuple bottom now at 6k? Support is obviously there, even if we drop into mid-5s it won't stay there for long. BTC is at the end of depression.

[Anonymous No.10639989]

>>10639600
nah we're still firmly in complacency
As long as shit stays above $6000, funds are safu. Wait for the next rally!

[Anonymous No.10639993]

>>10639978

This sentiment I can get behind. If ETF goes south then it will be a reinforced steel bear market. But if ETF goes all smooth then we will easily see 80% BTC dominance and several hundreds of alts simply cease to exist in a poof.

[Anonymous No.10639994]

Unironically the bull market will not return until at least 95% of /biz/ has rage quit and given up hope.

/biz/ can be used as a pretty good measuring stick. Once almost everybody has sold it's going to spike and make everyone FOMO in again.

I don't see a bull market returning this year because people are losing hope way too slowly and not capitulating fast enough.

[Anonymous No.10640015]

>>10639935
no asset can fuck everyone at the same time

[Anonymous No.10640021]

>>10639970
>my God Apple/IBM/ebay/severla other stocks went down so hard after the dot.com crash, better sell it now because Apple will never come back!

Yeah, it's why you do research o hedge your bet as much as possible in your favor.

Anons who bought and held say OMG or TRX are fucked.

BAT or other solid projects? Will be sitting pretty.

[Anonymous No.10640024]

>>10639994
#HODLGANG

[Anonymous No.10640031]

>>10639994
This 100%. Not enough people have totally given up. The numbers just don't make sense, its impossible for this many anons to make it. The weak hands have to be eliminated. Might take another year or two

[Anonymous No.10640035]

>>10640021
If you're in alts then it should definitely be in actual coins, not ERC20. The great altpocalypse will be a purge of shit tokens. Most (legit) coins will make it through

[Anonymous No.10640045]

>>10640024
I could be wrong but unless some big huge news happens that shock-paddles life into the market, or the capitulation happens soon, I don't see an end to this shit in sight.

I'm not buying anymore until I see this board become a fucking morgue

[Anonymous No.10640048]

>>10639600

*sips*
just the poison kicking in

[Anonymous No.10640056]

>>10640021

Do you realize how fucking difficult it is to pick an Apple out of all of the millions of shitcoins there are? It might not even exist at the present moment. And then you'd have to hold it for 30 years with confidence. Get fucking real. And I was just quoting the chart to show you're in denial because that's literally what it says beneath it. You have demonstrated without a doubt we are not in panic or depression. We are full blown 100% denial still. Nobody is selling and they're still putting numbers into a calculator to see how much they need to recoup. And even bigger morons are putting the numbers in to see how long til they're a millionaire. You guys are the reason there will not be a bull market for a long time.

[Anonymous No.10640075]

>>10640015
>at the same time
no, btc takes turns, and soon its turn for bears to get fucked

[Anonymous No.10640081]

>>10640045
>I'm not buying anymore until I see this board become a fucking morgue
That's a good strategy, personally I'm not buying anymore until my last buys are in the green. Running on 100% profits, but the 90% JUSTing is getting old. I just remind myself of what my port value is at ATH; call it denial - I call it I don't give a fuck

[Anonymous No.10640120]

>>10640081
There's also the issue of all the normies who got fucked in the ass when they FOMO'd in at the top. Lots of them actually took out loans and fucked over their family members. They became whale food and that money isn't capable of coming back into the market for a long time.

On the other hand, if more institutions start pumping money into the market, it could float it for a while.

My bias is that the market will return but not until more pain happens.

[Anonymous No.10640138]

>>10640075
same is doubly true for btc. if you trade you lose.

[Anonymous No.10640140]

biz is already dead and that's with 50% of the threads being about link.

[Anonymous No.10640142]

>>10639883
You can tell a newfriend by all the

>muh two year cycles

Chart tards are the absolute worst of the retard tier. Actual events drove those markets, same as they are now. We're up about 6x in a year on LN, futures markets. Next year will be even better fundamentally than last. Anyone thinking we won't be 50k+ next summer is insane.

[Anonymous No.10640168]

>>10640120
I went from doing ~0% of my business in BTC to doing ~40% in the last year. I'm probably 3-4 years ahead of the broader market, but they'll catch up and it implies a price of $1M

If you actually use BTC, you know it is better for a variety of reasons. Markets abhor inefficiencies. The rest will come where I have gone because it pays to do so. End of story.

[Anonymous No.10640185]

>>10640168
not everyone is selling drugs online

[Anonymous No.10640186]

>>10640138

This sentiment does not work for something as volatile as the crypto market. You can lose everything in an instant since there aren't any circuit breakers, bailouts, buyouts, etc. You can be stubborn and just continue to bleed out in both crypto and the stock market. You need to be patient with correct analysis. Sick of this quote being applied to every shitty decision. Imagine if you bought HMNY and told yourself this every day when it went from $2000 to 7 cents in a year.

[Anonymous No.10640193]

>>10640142
The thing that worries me the most is that the dumb money / overleveraged money that FOMO'd in at the top got completely destroyed when the bear market happened, so much so that it's going to take most of those retards years to recover what they lost if they are able to at all.

Dumb money usually doesn't just disappear, but that crash was so devastating that I worry all those people who took out second mortgages and shit to buy BTC at 18k will never be able to climb back into the market.

The only hope we have are institutional investors to replace those retards, and all we have at best are rumors about it.

[Anonymous No.10640196]

>>10640186
no it's not about individual decisions. it's about trading frequency.

[Anonymous No.10640233]

>>10640193
Nah, anyone who held will be up within the year. A few folks who went all in on scams, well, too bad. But if you bought bitcoin at 15k you are gonna be loving life as long as you keep it a bit longer.

[Anonymous No.10640245]

>>10640193
btc will go up!

[Anonymous No.10640254]

>>10640233
I agree, but "within a year" would be extremely optimistic imo. I hope I'm wrong.

I don't think normies will forget about what happened when they bought BTC the first time, most people still see it as a giant scam. It's going to take a while for the market sentiment to reset and for people to forget and let by-gones be by-gones.

[Anonymous No.10640256]

what happens after disbelief? does the world end?

[Anonymous No.10640263]

>>10639640
No. One year more of bear. Fall 2019 bull market will appear. The end of 2020 will be glorious.

[Anonymous No.10640264]

>>10640186

Don't recall the entire banking industry FUDing HMNY then quietly setting up internal depts to deal with it while multiple ETF proposals were being made... but great analogy.

[Anonymous No.10640266]

>>10639994
Unironically this

[Anonymous No.10640270]

>>10640056
>not selling
>you're why we're not in a bull market

Do you even supply and demand?

[Anonymous No.10640307]

>>10640270

True bottoms start when it becomes cheap enough for the demand to be there. Since this is happening incredibly slowly because a bunch of mouth breathers misinterpreting Buffett quotes it will take a long while.

[Anonymous No.10640309]

>>10640270
Don't bother. He's a total brainlet.
>muh it's impossible to pick the apple of crypto. Well, it's bitcoin, fucking retard.

[Anonymous No.10640319]

>>10640309

This is actually one the most retarded things I've ever read. Congratulations. That's like calling the Nasdaq Apple.

[Anonymous No.10640337]

>>10640309
bitcoin adoption is dying on every possible metric.
Blocks have lots of empty space now.

[Anonymous No.10640541]

>>10639718
kekked
>>10639749
this but we're in for a huge 2-year dip desu

[Anonymous No.10640545]

>>10639796
difficulty adjustment

[Anonymous No.10640563]

>>10640337
turns out, 99% of people couldn't give less of a shit about "be your own bank!"

[Anonymous No.10640571]

>>10640309
To be fair he didn't say "impossible" he just said "fucking difficult" and "might not even exist at the present moment". And I agree. I'm acutely aware I may have pissed my $ away but I didn't pick my cryptos out of a hat or based on reddit shit so I will find out.

Good thing I only invested $ that losing 100% of won't really affect me.

[Anonymous No.10640591]

Didn't someone once say "Be fearful when others are greedy & be greedy when others are fearful.'?

[Anonymous No.10640593]

>>10639600
This graphic spells Trough wrong.

[Anonymous No.10640600]

>>10639600
i dont know of a single person who is panicking. everyone i know is scrambling to get loans and more credit cards, to buy as many cheap coins as humanly possible before we go tot he moon again

[Anonymous No.10640617]

>>10639883
>This time it's different!

Brainlet.jpg

[Anonymous No.10640616]

>>10640600
You know some irresponsible people.

[Anonymous No.10640623]

>>10639600
Since shitcoins like iota or vechain are still top 50 i would say we are entering denial for altcoins.my altcoins are with good companies, but ppl are slowly waking up.

[Anonymous No.10640629]

>>10639965
The only good project is bitcoin you deluded altfag

[Anonymous No.10640632]

>>10640563
bitcoin had a shot at adoption but core killed it.
LN blah blah. It had _one_ shot and that was in Nov-Dec. 8MB blocks wouldn't have killed anyone and bitcoin would be able to handle the onslaught of new users.
Instead more adventurous normies were met with >$100 fees at the peak. Absolute disaster.
Bitcoin use is newer coming back. Every crypto-related project either uses eth (possibly with layer 2 scaling like loom) or uses another platform. Nobody is building anything on btc.

[Anonymous No.10640636]

>>10640337
good think there's still ~8 years of good block subsidies 12.5 6.25 3.125 for adoption to start gaining

[Anonymous No.10640638]

So, time to buy?

[Anonymous No.10640640]

>>10639749
More than all stocks in the world combined xxxddd

[Anonymous No.10640653]

>>10640632
eth is dying right now and the blocksize debate is being proven right more and more everyday

[Anonymous No.10640659]

>>10640319
Lmao. Keep spouting your random bullshit, retard.
I bet you think you're a financial expert.

[Anonymous No.10640670]

>>10640600

I don't know about people being that zealous, but there are definitely too many "buy the dip" fags still on /biz/ for me to say we're firmly in panic.

I think we need a good flash crash of 20% or so in a single day for people to really start shitting their pants.

[Anonymous No.10640671]

>>10639994
and how do you know how many people are still on biz? because its slow as fuck. like 100x slower than it was in december.

[Anonymous No.10640684]

>>10640671
December was so fun. Someone would throw out the name of some shitcoin and you'd buy it and make 20% gains in day.

[Anonymous No.10640696]

>>10640600
>I think we need a good flash crash of 20%

if you are in alts like still over 50% of all crypto holders that is every day for you

[Anonymous No.10640716]

>>10640653
>dying
eth is actually mildly congested. Total daily fees are 6.36x bitcoin's. That's like the opposite of dying. There's constant unrelenting economical demand to use it - the _only_ crypto platform with that property.

[Anonymous No.10640805]

>>10640716
sync a node and then we'll talk

[Anonymous No.10640825]

>>10640021
>comparing productive enterprises that actually generate growing cash flows based on innovative consumer products to abject shitcoins that produce nothing of tangible value and entitle you to no legal claim on the cash flows should they actually produce any

Holy shit kill yourself

[Anonymous No.10640901]

>>10640716
>the _only_ crypto platform with that property.
Delusional

[Anonymous No.10640966]

>>10640825
>he thinks Apple popped into existence as a 1T company.

[Anonymous No.10640967]

>>10640632
t. brainlet

You can't build anything on blockchains other than currency. Ethereum is a scam for late adopters to get more BTC.

[Anonymous No.10641019]

>>10639600
I'm not so sure. I'm feeling pretty depressed.

[Anonymous No.10641033]

>>10639600
fucked if true

[Anonymous No.10641060]

>>10640045
>>10640081
How often do you people even browse /biz/? All I see is scams being shilled and pink wojack threads. The discords I am in are fucking dead. This same discord had hundreds of messages by different posters every day. Now it's like 10-15 of us shitposting and saying how we lost everything in this giant suckers ponzi.

[Anonymous No.10641096]

>>10639600
"We" = the people who got lucky last summer. The "We" who didn't get lucky are way down on their initial. Anyone here from December is long past wrecked. People are going to parade this fucking chart around until "We" are the people who got in in 2016. It's ridiculous.

Or are we just capitulating when we hit pre-tether values?

[Anonymous No.10641099]

>>10640805
I have a fully synced node. All problems are propaganda. It's true that you need a ssd though.
>>10640901
Free transactions are worthless. Would you pay to post an upvote on steemit? No. Therefore it's worthless.
Last time I checked almost all eos transactions were even worse intentional spam with 'ddos' memo.

[Anonymous No.10641119]

>>10641099
>platforms that normies can actually use are worthless
the absolute state of ethereum bag holders

[Anonymous No.10641161]

>>10641119
Explain how do you profit from holding steem if steemit.com gets more popular.
You don't. There's no connection.

EOS is a _little_ better because dapps actually have to pay in some form for use, but it behaves purely like a paas (eg. heroku) in that regard, a market in which it can't compete.

[Anonymous No.10641217]

>>10641161
You said the platforms are worthless, not the tokens. Steem tokens are valued based on the simple supply and demand. EOS tokens are valued based on the computational resources that they're tied to, as well as vote competition from block producers.

[Anonymous No.10641239]

>>10641161
The economics behind the EOS token is actually pretty ingenious, especially now that they're implementing resource renting which decouples the value of the token from network resource prices.

[Anonymous No.10641297]

>>10641217
The value of the platform is market cap of the tokens,as both steemit and eos require tokens to have value to work. They can't be separated.
>>10641239
That's not ingenious, that's admitting to failure. They are instituting fees.
Once that happens it's going to be possible to see the value of all these transactions.

[Anonymous No.10641301]

>>10640966
Regardless you still owned shares of actual equity in the company instead of worthless tokens that represent absolutely no claim on ownership of any cash flows (not that any worthless alts produce anything of value except tax loss carry forwards lmao)

[reluctant kneepad girl No.10641602]

im not panicking, im still euphoric and buying!

[Anonymous No.10641999]

>>10639718
bullish divergence on MACD

[Anonymous No.10642255]

>>10641297
>They are instituting fees.
No they're not. They're giving devs the option to rent in order to avoid market volatility. They're not taking away the ability to buy/stake.

[Anonymous No.10642358]

>>10639934

what comes after the rekter face?

[Anonymous No.10642386]

>>10641301
>the dollar doesn't represent a claim on ownership of any cash flows
>it must be worthless!

the absolute state of nocoiners

[Anonymous No.10642406]

>>10642386
The dollar has value because you have to pay taxes in it

[Anonymous No.10642433]

>>10639749
Source for that image?

[Anonymous No.10642590]

>>10642433
google: btc logarithmic regression
first link
https://bitcointalk.org/index.php?topic=831547.0

[Anonymous No.10642673]

All the ETH haters are about to be BTFO.

ETH will flippen bitcoin this coming year. Bitcoin will be in the dustbin of history.

Bitcoin is going the way of the flightless Dodo. Ie. Extinct as a motherfucker.

ETH is the new king

[Anonymous No.10643040]

>>10639600
Bitcoin has hit 5800 several times and bounced back to 6000s each time. What is happening now is each cycle down on bitcoin to 5800 alts dump but when bitcoin bounces back the alts dont.

We were like 40% BTC dominance and now we just hit 50%. I would say bullrun starts when we hit at least 60% then alts will recover after when bitcoin reaches ath.

[Anonymous No.10643059]

>>10642358

[Anonymous No.10643071]

>>10643059

BTC, the death coin, created by (((them)))

[Anonymous No.10643074]

>>10643040
>bull run will start for no reason other than a few numbers being like in the past

[Anonymous No.10643103]

>>10639617
you will remember my words when you wipe that cum off your face at 3k and then at 1,5K and then at 500 USD.
Every dead cat bounce in a while you will visit the forum to give valuable info as pro investor you braindead amateur.

[Anonymous No.10643113]

>>10639640
>b-but M-Marius said

[Anonymous No.10643132]

>>10643103
Steve Puri?

[Anonymous No.10643234]

>>10639883
Btc begins its takeoff months before its halving. In its 10 year existence it has only ever taken off in the leadup to a halving. The next halving is 2 years away. Buy btc 6 months to 1 year from now for the best prices.

[Anonymous No.10643255]

>>10639782
These retards don't understand what fundamentals are. You barely see them talked about on this asylum for morons of a board. They just meme and shill the fraud that is TA

[Anonymous No.10643264]

>>10643255
>My fantasy is more real than your fantasy.

[$4CHN:CV9wyDNw8rMzhzXBoamzDfFz(...) No.10643334]

>>10639617
naahhh, we're having a double bubble burst
the way that works is as follows
1. People think the crash from $20K to $6K was a full correction and they return to Hope
2. BTC rises to a peak lower than the ATH but the market re-corrects to $6K as the mini-bubble pops but less violently alternating between Hope and Complacency
3. Step 2 repeats with progressively smaller peaks until the peak gets closer and closer to $6K as more and more people realize that BTC hasn't bottomed out yet even at $6K
4. With the progressively lowering ceiling pressing harder and harder on the market we jump straight from Complacency to Panic, Capitulations, Anger, and Depression.
5. Lastly, the retards who don't know how markets work predictable move to Relief while intelligent people move to Hope
6. 2 year steady return to $20K from $4.5K then onward to $30K or higher.