/biz/ - Business & Finance

[Anonymous No.15268492]

You were already warned. You had ample time to sell.

[Anonymous No.15268501]

>>15268492
this guy was bearish when BTC was $3500.

Also, he blocked me when I tried telling him he was wrong back then.

fuckign hate this guy

[Anonymous No.15268505]

im feeling sleepy

[Anonymous No.15268522]

Zoom out, log scale

[Anonymous No.15268705]

Great analysis OP *golf claps*.

I specially like how those talking heads casually gloss over the fact that silver in the 1980s, uranium in the late 2010s, and most commodity bubbles were *not* in any way connected to the forefront of a revolution in the way capitalism works.

...unlike crypto. Price action without context means nothing.

>But muh dot com bubble
The dot com bubble reached a market cap almost 10x the size of the crypto "bubble", so it isn't really comparable. You can do some mental gym to justify that if you want, that's ok.

[Anonymous No.15268724]

>>15268492
yeah what about when bitcoin bubbled at $45 and then bubbled again at $1200

OP is gay

[Anonymous No.15268756]

>>15268705
I love how there is always an excuse to how crypto is different.
It's not, and will have it's decline and rebound just like everything else.

[Anonymous No.15268774]

>>15268492
DAILY REMINDER this chinky chonk got REKT shorting BTC at 3k

[Anonymous No.15268867]

>>15268724

Yeah, I don't buy the "bubble" argument because Bitcoin has had multiple bubbles, these bubble incidents that OP is talking about only have 1 'bubble'

[Anonymous No.15269551]

>>15268492
Ohhhhh! so THIS is what you guys meant in those other threads by “echo bubble”
I thought it was something about Jews

[Anonymous No.15269581]

>>15269551
LOL same. BTC is kill

[Anonymous No.15269603]

Bitcoin will hit $500 in early 2021, screencap this

[Anonymous No.15269715]

Bitcoin will hit $500k in early 2021, screencap this

[Anonymous No.15269752]

>>15268492
I am confused how does a bubble with the time scale that’s 10 years + compare to one that’s a year and a bit.

Doesn’t really make sense to me.

[Anonymous No.15269783]

i am financially uncertain

[Anonymous No.15269950]

>>15268492
which one of those assets had their "echo bubble" right before halving the stock to flow ratio?

[Anonymous No.15270002]

>>15269752
crypto moves faster that's not the problem.
the problem is totally different supply and demand structures.

[Anonymous No.15270385]

Silver is used in many tech applications, and the economy at large has an incentive to keep the prices low.
Bitcoin, on the other hand, doesn't matter how many people are mining it. The supply grows at a fixed, decreasing rate.
pic related. The production of silver quickly tripled after 1980 to meet the demand.

[Anonymous No.15270580]

>>15268492
This legitimately convinced me to sell, congrats. The last time I saw a crypto-to-meme-chart comparison I was like "no way could it possibly turn out the same now that people are expecting that to happen"... it ended up looking fucking identical. The world's about to have a recession anyway and I don't want to be the last one out when people are selling their bags just to pay their overdue bills. See you guys in a few years. Maybe ETH and BTC will be capable of more than 20 tx/s then.

[OmegaMaker !i6apW.sJiU No.15271424]

>>15268501
I can confirm sub 2k

[Anonymous No.15271713]

>>15269783
Kek

[Anonymous No.15271722]

>>15271424
You still here faggot?
I thought we kicked you after you 24th wrong call

[Anonymous No.15271774]

>>15268756
This anon gets it, there's literally no difference between a rock with limited industrial uses and an immutable open ledger of all finance controlled in a liquid distributed manner which also allows automation of contracts. Fucking idiots you can't ecen hold your bitcoin in your hand what's the point?

[Anonymous No.15271799]

>>15268492
LOL
this idiot literally CANNOT comprehend hashrate
he is one of the many retards who think crypto = exchanges
I'm adding him to my screencap LOL