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/biz/ - Business & Finance

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13348536 No.13348536 [Reply] [Original]

Where are we?

>> No.13348541

the business and finance section of 4channel

>> No.13348549

complacency. bitcoin 2000 EOY.

ripple will overtake bitcoin in volume when btc hits 586$ in 2020.

>> No.13348555

>>13348549
Wrong you pathetic permabull. We're at euphoria and we're going back down to $1.

>> No.13348563
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13348563

>>13348536

>> No.13348586
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13348586

>>13348555
check'd. but you can clearly look that chart, december lows was that post-euphoria dip and after then CT and /biz/ has been full of
>" we j-just need t-to c-cool down f-for the n-next r-rally"


bitcoin is decade old obsolete tech. 0.00001% of world stores are accetting it, even it should be "the world currency" by now. only boomers and late adopter zoomers are hoping it will go 100k some day.

>> No.13348640
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13348640

>>13348536
>Where are we?
Better yet, where is caps lock anon and how are his shorts doing?

>> No.13348657

>>13348536
feels like hope

>> No.13348682

>>13348536
Doesn't matter because the price surged because of a 100 million buy order, not because sentiment changed.

>> No.13348696

>>13348536
Above the D in depression.

>> No.13348704
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13348704

disbelief
time to load up them bags boys

>> No.13348720

Denial. A dump will send us to anxiety and then we will go back up

>> No.13348726
File: 352 KB, 345x559, PB8ro82ZpZP5xqHVTtgzxr9jRnPYTxeDK7ZMexdNd3gvpE1dBWz2oN8onKKBWq4ATmd3KA2WSnh5aZdVSHpaJnVMVfrcq5gdxuvkdcFty8k2ypnA.png [View same] [iqdb] [saucenao] [google]
13348726

>>13348682
Uh, do you think there weren't massive sell orders at the peak of the bull market? Did you get your shorts liquidated?

>> No.13348730
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13348730

>>13348536
This is likely the only realistic answer you will get ITT.

>> No.13348744

We're at depression
Sucker's rally to 9k by Sept
2k by Dec
20k by this time next year

>> No.13348749

>>13348536
quite literally disbelief. people literally cannot believe we are going up.
>>13348549
>>13348555
but what will happen when we get to 2k? every single anon with a dime to his name will be buying bitcoin if we crash to 2k. and anon, would YOU sell your bitcoin at 2k? would fucking anyone who held BTC down to 3k sell at 2?
at 6k we will have entered hope. This is what, in the recesses of my mind, i know WILL happen. I am not planning accordingly. I cannot accept the reality.

I can see a depression like scenario happening though, but very few will win. it will be a bleed out to 2.8 or even 1.8k, happening over the summer in conjunction with China's wet season (20% of china's electricity is hydroelectric, allowing them to be in profit at low prices), wrought with upward candles liquidating shorts and giving hope. I of course would love this to happen, and am planning for such a scenario, but only because I have failed thus far, as have many. But this is not my only basket.

>>13348586
and as for this anons declaration. as of a few weeks ago, every store in the fucking world that accepts a credit card accepts bitcoin, thanks to coinbase.

>> No.13348765

>>13348563
>linear chart for recovery
>log chart for growth

Kek, we still got a long way down.

>> No.13348779

>>13348726
I meant to say that emotions are pointless in a market that can be so easily manipulated by whales at any moment. These changes dictate market sentiment, not the other way around.

>> No.13348816
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13348816

>>13348536

>> No.13348849

>>13348779
Yeah, fair enough. But there were still idiots out there gathering followers and encouraging people to basically short the bottom with huge amounts of leverage.

>> No.13348892
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13348892

>>13348536

>> No.13348980

>>13348749
And if we did hit 2k we'd have permabears on here talking about how capitulation hasn't happened yet and claim we're in anxiety or denial

>> No.13348991

>>13348892
so you're saying cost average

>> No.13349022

Complacency

>> No.13349045

>>13348892
Based

>> No.13349376

>>13348536
Just coming up to Complacency. Now that the market has finished correcting, the bear market can actually begin

>> No.13349479

>>13348749
>chinas wet season.

fucking kek

>> No.13349521

>>13348892
this

>> No.13349525

>>13349022
Imagine being this stupid lmao

>> No.13349737

>>13348749
>what would happen if btc goes 2k
same as happened december, little pump and we roll down towards anxiety slowly in cheat sheet. after that pump from sub thousand and again slow bleed.

>bitcoin can be accepted everywhere thanks to coinbase
so you say no other coin in the counmarketcap coudln't do that? thats delusional. bitcoin isnt fucking unicorn. every coin can do that. even on coinbase theres bunch of other coins which dcould achieve that. dont be stupid. would you rather pay thousands for fraction of a stupid 10 year old boomer coin or buy thousands of othercoins with that 1k$ you have? bitcoint wont survive.

>> No.13349940

>>13349737
just coins that coinbase takes custody of, i believe. so LTC, ETH, ETC, XRP, etc. maybe even BAT. And it is a unicorn.

>> No.13349953

>>13349479
hey, better than drawing some lines on a chart. marginal cost of mining is pretty much the only real fundamental valuation bitcoin has aside from network usage, which is very unpredictable.

>> No.13350022

>>13349737
and bitcoin WILL survive, due to the antifragile nature of the market. BTC may not neccesarily live up to its expectation of being a method to transfer value, but it will be used to store value. I envision a coin being pegged to the satoshi used to actually move value around

>> No.13350057
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13350057

Stake your Cereneum at the bottom of the bear market. Easy 100x in the next bull

>> No.13350076

>>13350057
>brown id
>randomly shilling shitcoin in irrelevant thread
>wanting to make babu’s proud
Kys scamjeesh

>> No.13350084

>>13348536
Euphoria

>> No.13350099

>everyone in thread calling for it to go lower
>retards don't realize this is a clear sign we've bottomed

the 200wma was THE BOTTOM at 3.1k and if you didnt buy that you're a fucking moron. I'm going to thoroughly enjoy all the cries of manipulation when it just never ends up going back down. Get fucked you stupid faggots

>> No.13350122

>>13350076
Please sirs stake Cereneum is no scam sirs very good token sirs many gains

>> No.13350214

>>13350099
You are entrusting all you're money to whale manipulation, not to an asset, neither to market/sentiment reading.
This is why we've been pretty much sideways for two weeks now, only a retard would jump and buy after such events.
It is true that 3k was bottom and golden opportunity to buy though.

>> No.13350224

>>13350214
>whale manipulation

the siren call of someone who wants to blame their shortcomings in the market on someone/something else. In the grand scheme of things buying here is just as great as buying at 4k or 3k, it's like squabbling over 150 vs 200 vs 250 back in 2015 when we ended up going to literally 20k

>> No.13350248
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13350248

>>13348549