Unless you think BTC is going to near 0 (possible), why the fuck would you not be buying now?

[Anonymous No.12127639]

>clear and simple long term bull thesis
>huge crash already
>being integrated into traditional finance infrastructure (ICE, Fidelity, NYSE, etc.)
>horrible sentiment from general media and public
>still extremely low % of people who understand it or have ever bought it
>history of similar boom bust cycles

Unless you think BTC is going to near 0 (possible), why the fuck would you not be buying now? I’m not talking about degenerate margin gamblers on bitmex, but why the fuck wouldn’t you be accumulating now and sending to cold storage?

[Anonymous No.12127670]

I don't have any money to spare and I'm not going to get a job

[Anonymous No.12127680]

>>12127639

No money. I'm a NEET and my parents refused when I begged them for more

[Anonymous No.12127685]

>>12127639
The basic reasoning is trying to buy more for less because in the long run there could be more profit, but I get your point.

[Anonymous No.12127689]

Because it might drop another 50%? And bear markets end with months long sideways, so it's best to just wait

[Anonymous No.12127706]

when there's clear reversal I'm going to put up all my corn in this site https://blockfi.com/ and get a USD loan to buy more corn and some anime stuff

[Anonymous No.12127709]

>>12127639
What is the long term thesis? No one uses it.

So that makes the thesis buy it and hope someone else pays more later? That's a fucking pyramid scheme.

[Anonymous No.12127711]

>>12127685
>>12127689
It could always drop another 50%. It’s not as if there is some magical occurrence that would guarantee the bottom is in. There’s always risk. Market timing has been proven throughout history to be a complete gamble. Sure, you might get lucky with it. But I don’t see what’s so bad about DCA right now for long term BTC holding.

[Anonymous No.12127725]

Why do you all say TA is useless when people say we're at the top but then preach TA as the word of God when people are saying we're not at the bottom?

[Anonymous No.12127727]

>>12127639
based and redpilled

[Anonymous No.12127732]

not buying till the price drops enough to turn people like you into broken shells, devoid of hope.

don't buy till you see a crytotwitter suicide.
then the prophecy shall be fulfilled.

[Anonymous No.12127736]

>>12127639
why would i buy now when i can buy twice as much with the same dollars in a month?

[Anonymous No.12127740]

>>12127711
I'm not doing DCA until the coming mtgox issue is completely settled.

[Anonymous No.12127750]

>liquidate all your assets and go all-in now
>get a job and save every shekel in case you're wrong
>if it is lower than this in 3 months then go all-in again

[Anonymous No.12127751]

>>12127709
https://medium.com/@vijayboyapati/the-bullish-case-for-bitcoin-6ecc8bdecc1

[Anonymous No.12127757]

Just bought 0.5btc for a absolute steal

[Anonymous No.12127775]

>>12127732
Newslfash, it’s already at that point. Sentiment is horrible. But people like me who understand the fundamental properties of BTC won’t reach the state you’re describing even if price keeps crashing.

[Anonymous No.12127782]

>>12127736
Because you don’t know if that’s true, and you might already see BTC as undervalued at the current price.

[Anonymous No.12127823]

>>12127727

[Anonymous No.12127858]

>>12127727
the real redpill is in 2011 to 2012 the price dipped from 31 to 2 then settled at 13 before going to 266 at halving then 1k+ in the orange zone
so this means 19.5k to 3k means 10k in the next couple months and 165k at halving then 700k peak by 1st quarter of 2021

the dips are identical

[Anonymous No.12127867]

>>12127751
>vijay

[Anonymous No.12127877]

>>12127858
10+ trillions market cap incoming

[Anonymous No.12127897]

>>12127639
Bitmex determines the price of Bitcoin. They aren't really selling when they're shorting so percentage matters more than price.

[Anonymous No.12127899]

>>12127877
I'm going to rebuy my corns for 100k each in 2nd quarter of 2022

[Anonymous No.12127905]

>>12127858

>700k peak by 1st quarter of 2021

[Anonymous No.12127920]

>>12127905
screencapped

[Anonymous No.12127931]

>>12127639
The banks already have most the bitcoin now. They don't care about it's price, they are accumulating it to take away your ability to use it. Blockchain and crypto technology will be implemented eventually. However, the one you will use regularly in the economies will be one issued by a central bank. What you have now will probably be speculated on for years, but the real crypto technology is just that - technology. It will eventually be used and there will probably be a FED issued crypto dollar implemented into existing financial systems that will be digital fiat created by debt and interest rates. Status Quo. You can't beat the banks. They start wars and they finish wars. They built empires and they have destroyed empires. They created the United States and now nearly the entire world uses their system. Who are you to think that you can beat them with your decentralized, open source, NSA created, psy-op and beta testing coin?

[Anonymous No.12127934]

>>12127639

Um i am. Shut the fuck up about it so i can accumulate

[Anonymous No.12127941]

>>12127709

>its a pyramid

Please leave retard

[Anonymous No.12127957]

>>12127639
Do you feel like FOMO, do you think it will go to 20k any minute now? So do we.
See you at 1k.

[Anonymous No.12127960]

>>12127931
Bitcoin will win in the end. Central bank issues crypto will be a step in the right direction away from fiat. However, it will be very centralized and have the same problem of fiat AKA 1984 style currency. Bitcoin will continue to be developed and take over as the world reserve currency. Might take 20-40 years, but eventually, it will happen.

[Anonymous No.12127973]

>>12127858
>700k
kek, good to know i'll have 20 million$ in 3 years

[Anonymous No.12127986]

>>12127960
unlike central banks establish their own backed digital currency, which is exactly what they plan to do. It's over.

[Anonymous No.12127995]

>>12127775
delet this. don't let these faggots know that anons like us will never capitulate

[Anonymous No.12128002]

>>12127858
>comparing to some meme action with low volume in the hundreds
that is why you amateurs will always lose: past =/= present.
It is very easy for people to say fuck it i'll dump 50 USD than to buy in at 20k, do you understand that?

[Anonymous No.12128005]

>>12127858
>>12127877
checked

[Anonymous No.12128008]

>>12127986
Did u even read my post or are you just a brainlet?

Centralized banks will create cryptos but they will be CENTRALIZED. No amount of banning can break BTC. But keep buying into (((their))) sentiment while (((they))) keep accumulating.

[Anonymous No.12128009]

>>12127639
Because I believe it has much lower to go before rising again. And if I'm wrong, I'll know it, because BTC will smash past the massive resistance set at 6000. If it ever does that, I'm all in. But that likely won't happen before triple digits or at least 2000.

[Anonymous No.12128012]

so glad i sold at 4600, where is the faggot who spammed this pic every day?

[Anonymous No.12128034]

What do you guys think about alts?

[Anonymous No.12128044]

>>12128034
Most are dogshit. Wait till they pump in the next bullrun and cash out into BTC

[Anonymous No.12128056]

>>12127931

Whew lad.

[Anonymous No.12128075]

>>12127986

They already made ripple dude. Come back later when you understand what a crypto is

[Anonymous No.12128078]

>>12128002
let me put it to you this way
the mt.gox meme cycle will be remembered as one of the worst bulls 1k to 200 to 19.5k

700k is a conservative estimate I was going to say 1 million per coin by 2021 but that might sound like it's a little too optimistic
if you sell at for under 500k anytime from now to 2021 you're a brainlet

[Anonymous No.12128080]

>>12128044
AGI, which I believe is big but I'm thinking of putting my tether into BTC.

[Anonymous No.12128092]

>>12127639
The perma-bears of today are the same people who called the perma-bulls of 2017 "retards" for thinking that BTC would never stop going up. They are too stupid to realize their own hypocrisy in thinking they BTC will continuously drop to 0

[Anonymous No.12128097]

>>12128078
1m even 200k is remotely not possible if bitcoin doesn't get used irl. we can't reach those levels whit mere speculation again.

[Anonymous No.12128098]

>>12128002

SO Brainlets that can’t understand what satoshi’s are arent buying? K dude

[Anonymous No.12128100]

if corn hit 1 million per coin it still couldn't pay off the US debt
you brainletbears are delusional

[Anonymous No.12128101]

>>12127931
It's not just technology. It's more of an economic system. The incentives need to be right for it to work long term. You can't just "issue currency" as a central. That's what we have now. Not working that well. So no.

[Anonymous No.12128119]

>>12128034

Only alt to buy is XMR and nothing else

[Anonymous No.12128128]

>>12127689
What if it goes in reverse?

We already had 4 months of sideways

[Anonymous No.12128131]

If you think BTC is going to break ATH again why would you buy now?
you cn wait for confirmation of botom and buy in higher and be safe, knowing you think its going to ATH anyway.

knife catching is an idiots game.
There is a huge number of bags to be sold sub 3k if it breaks. No point buying now and risking tht last sell off. wait and see if 3k is the bottom first.

[Anonymous No.12128132]

>>12128097
Do you know what the Lightning Netowork is? How about Rootstock or MimbleWimble? Come back when you've done your research noob

[Anonymous No.12128134]

>>12128097
2 words lightning network

[Anonymous No.12128139]

>>12128131
see >>12127706

[Anonymous No.12128141]

>>12128078
>>12128098
have fun holding into the ground you literal halfapes, you have no clue about basic economy that's why you come up with this retardation.
You will remember me when it hurts the most and McAfee is eating his dick on live tv.

[Anonymous No.12128150]

Good advice from Peter Brandt:

>I never try to catch falling knives

Buy when there is a sign of recovery. Trying to guess the bottom will make you lose money.

[Anonymous No.12128187]

>>12128150
There are no signs of recovery yet.

[Anonymous No.12128208]

>>12128141
I did so much research and bitcorn is literally the backbone of the next world economy
what's even funnier is the government thinks I'm in poverty but I just sit on my fat stack of corn and watch anime and porn all day
I've held corn since the $20-$200 range and I'm never cashing out
I'm using blockfi to get a loan in USD next bull so I don't have to pay capital gains
I'm going to be a neet king while all the ragie wagies get jealous of my genius plans

[Anonymous No.12128219]

>>12127709
I use it all the time hence why I am a biased bull. You can transfer value around in your head by just memorizing you mnemonic phrase. That is powerful.
>>12127736
Buying 1 at 3k wasn't bad. I'll buy 1 at 2k and a few at 1k if that happens.
>>12127931
LARP unless you can use it for drugs and sex it is useless.

[Anonymous No.12128223]

>>12127960
>>12128101
You guys act like there is a chance for you to overcome our current system though. The financial system has been rigged now for hundreds of years. London and New York cannot be stopped. Debt and interest system works fine for them and there is no reason to stop it. All crypto means is that they can have further control over it and you can stop using cash for your private transactions. Blockchain ultimately is just storing and transferring information. It will not just be used for currency, but also for documenting everything you do. It will be true 1984. If you think banks have all the power now, wait until crypto is implemented and the government controls everything. There is no decentralized freedom. There is no plan to use a deflationary currency. They don't need that. The whole world is on board with fiat. It's just going to be further regulated with crypto is all. Central banks can have their own system using it without giving you a penny for your investment in these beta coins.

[Anonymous No.12128230]

>>12128208
Does blockfi check and hurt your credit?

[Anonymous No.12128231]

>>12128150

So basically instead of trying to buy the bottom it's better to FOMO into a pump.

[Anonymous No.12128239]

>>12127931
Finally someone who gets it

[Anonymous No.12128247]

>>12128223
Just leave. This last decade has been amazing for BTC.
>This time its different

[Anonymous No.12128250]

If you really think were not overvalued right now think again. This is prime time for us to drop another 50%

[Anonymous No.12128258]

>>12128230
probably but it doesn't matter because you put up the corn as collateral so there's no risk for them
they'll give you the loan regardless

[Anonymous No.12128273]

>>12128247
Just leave, the last 400 years have been amazing for banks

[Anonymous No.12128295]

>>12128150
Peter Brandt is a fraud who claims 40% annual returns over 30 years. Do you have any idea how absurd that claim is? He should be a billionaire yet he shills his meme trading courses constantly on twitter for $100 a month. He’s a total joke. It amazes me how people constantly fall for these fortune tellers.

The truth is there is not such thing as a clear sign of recovery. Price could go to $8k and then crash to $1k. Fundamentals dictate long term values. Short term fluctuations are unpredictable and TA is unironically a meme.

[Anonymous No.12128307]

>>12128295
Not a single bank would hire anyone who claimed they used TA.

This board is deluded.

[Anonymous No.12128327]

>>12128230
what's even funnier, when the economy tanks and corn starts to rise in value
I'm getting that loan to buy up cheap assets while by corn collateral goes and the dollar is hyper inflated at the same time
I'll have that paid off in a matter of months

[Anonymous No.12128340]

>>12127670

[Anonymous No.12128420]

>>12128307
Are you deluded? How do you think analysts and traders make trades?

[Anonymous No.12128460]

>>12128420
He’s right. No one who knows what they’re doing uses TA.

[Anonymous No.12128495]

>>12128460
That is not true lol. Everyone uses TA. Especially in the digital computerized trading world. Where the fuck are you getting your information?

[Anonymous No.12128503]

>>12128495
Give me 1 hedgefund in the top 20 that says it uses TA.

[Anonymous No.12128511]

>>12128495
I said no one who knows what they’re doing. Obviously many use TA. They don’t know what they’re doing.

[Anonymous No.12128517]

>>12127931
who fucking cares, I just want to be rich

[Anonymous No.12128549]

>>12128503
>>12128511
TA works. It works because we make it so. Every financial market in the world respects technical analysis to a certain degree. Every major hedge fund has a team that uses technical analysis. You are speaking out your ass. You need to start learning about the myths of which you speak.

https://www.investopedia.com/articles/active-trading/062215/debunking-8-myths-about-technical-analysis.asp

[Anonymous No.12128589]

>>12128549
You’re wrong. TA is widely and correctly regarded as a joke in real finance. Yes, there are some bullshit TA positions just like there are other bullshit roles for optics. A lot of Wall Street is about appearances, but everyone serious knows TA is a meme. Statistical research has not shown TA to be useful.

[Anonymous No.12128605]

>>12127931
this and its already happening
>AXA / rothschild bought blockstream to cripple its scalability
>futures implemented to "tame" bitcoin
>banks crashing the market and buying up supply at bargain basement prices
>eventually paper-BTC will be issued, then it will be uncoupled from BTC altogether and were back to worthless fiat

[Anonymous No.12128642]

>>12127751
>medium
>vijay
Kek

[Anonymous No.12128660]

>>12128549
>investopedia
lmao

[Anonymous No.12128738]

>>12128589
You have absolutely zero proof or statistics to back up your assumptions. TA is used by every financial institution in the world. It also makes individuals lot's of money.

[Anonymous No.12128759]

>>12128738

Just make your money and let the brainlets swing around in the dark.

[Anonymous No.12128788]

>>12127639
>Unless you think BTC is going to near 0
Yes, I do think that.

[Anonymous No.12128802]

>>12128012
labor theory of value lol. what a joke.