[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 63 KB, 1847x831, btc transactions.png [View same] [iqdb] [saucenao] [google]
12720472 No.12720472 [Reply] [Original]

https://www.blockchain.com/pl/charts/n-transactions?timespan=all

even though price is decaying, the amount of transactions is rising. I would like to highlight that the selling volume is decreasing and demand is increasing (according to the chart I posted) so at some point the price will start to increase as well. I invite you to discussion.

>> No.12720480

>>12720472
Delusional perma-bull.

We're in a BEAR MARKET so this shit is going DOWN.

>> No.12720488

>>12720472
Yes and it found price equilibrium at under $4000.

>> No.12720489

>>12720480
but by some coincidence we formed a higher low on the daily, giving the bulls a chance to make 3k the bottom

>> No.12720501

>>12720489
It's different this time.™

>> No.12720508

Yeah the network seems to be growing efficiently
I'd like to think we see some price increase but I'm already so over extended investing in bitcoin I'd hate to invest more and lose

I think 90% chance we see new ATH by 2022
But also there's still a 50% chance we go to $0 by 2040

Development and adoption needs to happen but we have over a decade to hammer that out

>> No.12720521

>>12720508
>It's different this time.™

>> No.12720524

Volume is dead

1k eoy

>> No.12720533

>>12720524
low volume is bullish imo
there is nice volume on the impulses like the one couple days ago, overall low volume idicates the selling is over. The selling climax on the way down to 3k was the "deppresion" i feel like

>> No.12720546

>>12720533
He gives a pertinent analysis and you come back with this BULLshit.

I don't understand how anyone is still bullish.

>> No.12720554

>>12720472
We’re going to go sideways until Q4. The next 8 months is the time to buy as much as possible.

>> No.12720555
File: 1.76 MB, 1652x3056, NocoinersOnSuicideWatchXmasEdition.png [View same] [iqdb] [saucenao] [google]
12720555

>>12720501
>we are on a bear market
last famous words

>> No.12720559

>>12720555
It was at $20,000 now it's $3000.

>> No.12720575
File: 53 KB, 645x729, brain.png [View same] [iqdb] [saucenao] [google]
12720575

>>12720559
It was $250 and you were expecting $20 a coin.

>> No.12720582

>>12720554
this could be true...

>> No.12720720

>>12720546
watch btc right now

>> No.12720733

>>12720472

What are wash trades

>> No.12721772

>>12720733
>trades on exchanges are correlated with transactions on the blockchain

Wew lad

>> No.12721791

>>12720480
Said the delusional perma bear