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/biz/ - Business & Finance

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17958785 No.17958785 [Reply] [Original]

We're going down now. Time to short

>> No.17958798

>>17958785
We're going to 8k!

>> No.17958803

>>17958785
haha fuck off bear

>> No.17958811

this shit cant be serious fukin binance exactly 6900.00

>> No.17958813

bitcoin was created as a result of the 2008 financial crisis.

it is a new form of money that will replace boomer ways of the past

>> No.17958821

>>17958785
Kys retard the dump was fake Arthur scam and this pump is legit people buying becuase USA is printing lots of money and causing inflation we are going to 100k this year post halvening

>> No.17958826

Nah, news is priced in bro, get the fuck out of your short

>> No.17958834

>>17958826
>>17958821
>>17958813
This is how you spot newfags

>> No.17958851

fkin brrrrrrrrrrrrrrrrrrrr

>> No.17958863

>>17958785
IMAGINE BEING A BEAR BQWHAHHAHHA

>> No.17958865

>>17958834
Kys newfag we bull now I’ve been in crypto since 2007

>> No.17958869

PLEASE GOD FUCKING PLEASE GOO BACK DOWN!!!!!! FUCKKIINNGG PLEEAAASSSEEE!!!!!!!!!

I sold at. $1.79 and I'm sitting here having fucking heart palpitations. I will happily buy back in at $2.00 and take my punishment but PLEASE STOP FUCKING PUMPING NOWWW!!

>> No.17958873

We're not going to go down until the DOW takes another leg down.

>> No.17958876

>>17958834
Except he's right. Bitcoin was created to provide a safe haven during 2008 like crisis - which is NOW

>> No.17958881

>>17958865
>doesn’t even know the satoshi white paper came out in 2008
Kek thanks for outing yourself, newfag

>> No.17958893

>>17958785
People are worried about what the unprecidented helicopter money will do to fiat. Especially if they aren't in the US as we are already seeing significant deflationary pressure.

Providing an alternative to fiat controlled by the banking tribe is the primary purpose of crypto, so people are starting to get involved. Especially since they are being loaded up with NEET-bux.

I would be super fucking careful shorting crypto in this market.

Stonks, especially banks and airlines, as well ad ETFs, index funds and all that IYI bullshit, are the easy marks for bearish action.

A skilled trader can do well in these times shorting the old financial system while going bulling on the new.

Just don't get the wrong idea and short commodities, especially iron ore, because governments will be racing for it in short order.

>> No.17958911

this market is a manipulated joke, and all the normies have been scared away

>> No.17958912

>>17958876
Ahh a safe haven that dumps nearly 50% in a couple days and only retraces 20% of that only because stock market has pumped

>> No.17958945

>>17958893
Significant inflationary* pressure I mean to write.

The Australian dollar has already dropped to 59 US cents, for example.

>> No.17959002

>>17958912
Because it is bit yet the primary mover. When the dollar crashes and becomes.near worthless, bitcoin will.be seen as a viable alternative for a new money economy for many people. You will see new markets emerge just because people have decides for themselves to act as their own bank.

So far it has happened on smaller scales in recently.collapsed economies quite well. I expect on a larger, more urgent scale, adoption would be far quicker, mostly because of the scarcity. Owning 1 btc would see you set for life, easily.

>> No.17959023
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17959023

>>17958869
KEK

>> No.17959031

>>17958869
Don't worry, we are in an economic crisis, it will dump more.

>> No.17959041

>>17959002
the thing is. we are changing from having bankster whales to having og crypto pre-2017 whales who will be a bunch of billionaires if this takes off.. We just literally change masters. you are still the sheep. that is all.

>> No.17959064

>>17959002
>he thinks any currency not backed by a major government will ever become widespread as a mainstream currency
Pls tell me when you are ready to join the real world. Most people are incredibly risk averse when it comes to money, they won’t put it in something as volatile as crypto that could collapse with no repsite provided by any sort of organisation

>> No.17959078

shorted at 5.6k mhhhhhhhhhhhhhhhh

>> No.17959082

>>17958912
Except stock market and gold are crashing. Only bitcoin is up, retard.

>> No.17959108

>>17959082
Wonder where all the panic money will flood... Haha you dumb motherfuckers

>> No.17959193

how 2 short crypto???

>> No.17959219

>>17958785
flash crash to 5.8k

>> No.17959221

>>17959082
stock market bounced yesterday, Bitcoin just following suit
>>17959108
people are selling all types of assets to cover expenses, including debts

>> No.17959238

>>17959082
Except stock market is pumping in Europe and US futures are up?

>> No.17959308

>>17959221
>>17959238
>2% pump is now a bounce
The absolute state of boomer stonks.

>> No.17959379

>>17958785
It's gonna stabilize crab style and then go down by the end of the next week

>> No.17959402

>>17958869
It won't go down until you buy in again.

>> No.17959460

>>17959082
50% down and 10% up is not up.

>> No.17959508

>>17959308
>20% retracement on a 50% dump is now a pump
The absolute state of nu-crypto fags

>> No.17959518

>>17959402
this

>> No.17959526

>>17959508
Seething. Bitcoin is almost 100% up since the bottom.

>> No.17959536

Bobo just flew over my house

>> No.17959560

>>17959460

BTC is over 50% up from the bottom, retard

>> No.17959585

>>17958869
>Pump eet

>> No.17959617

>>17958785
OP, which oscillator do you have on there on the bottom?

>> No.17959619

>>17959002
>When the dollar crashes and becomes.near worthless,

Imagine actually thinking this will EVER happen

You are some foolish motherfuckers who clearly arent paying any real attention right now

>> No.17960276

Looks like you were right op. Good call

>> No.17960746

>>17959617
Just a simple RSI, nothing fancy

>> No.17960787

>>17959619
if the dolar collapses, the world collapses, and crypto will be the last on anyones mind. If that happends silver and gold will be king

>> No.17961149

>>17960787
Fucking this