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/biz/ - Business & Finance


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18374034 No.18374034 [Reply] [Original]

>> No.18374063

Why is 3k so close to 20k but 1k is so far from 3k?

>> No.18374161

>>18374063
l2log

>> No.18374853
File: 394 KB, 1634x1096, march 2020.png [View same] [iqdb] [saucenao] [google]
18374853

Actual Daily Reminder

>> No.18374930

>>18374853
nope
coinbase was normie money 2017 was normie buyin

>> No.18374941

>>18374034
I hope this is true but I think this one >>18374853 is the more accurate one. Everybody expects a crash but things keep going up. The 50% drop we had in one day was a bear trap

>> No.18375013

>>18374941
>The 50% drop we had in one day was a bear trap
delusion

>> No.18375379

>>18374941
>The 50% drop we had in one day was a bear trap
That was literally bots on Bitmex glitching the fuck out till someone pulled the plug lol

If it was a natural crash, it wouldn't have bounced back from 4k within seconds.

>> No.18375395
File: 987 KB, 229x176, newmanlaugh.gif [View same] [iqdb] [saucenao] [google]
18375395

>>18374941
>U.S. unemployment rate is now 13 percent and increasing each week
>country still in quarantine until the end of April at the earliest
>thinks the market is recovering

>> No.18375692

>>18375395
>>U.S. unemployment rate is now 13 percent and increasing each week
Implying people won't have to go back to work once quarantine is lifted

>> No.18375738
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18375738

>>18374930
No it wasn't. It was Chinese insiders getting their money out of the country before the shut the doors on the normies. They started with precious gems, but found out that its easier to carry millions on a usb stick than walk around with briefcases of sapphires.

>> No.18375753

>>18375692
))implying(( there will still be any work by then

>> No.18375783

>>18375738
>muh china money
absolute cope, it's over retail money is in, normie money is in, there's no more money to put in

>> No.18375794

>>18375692
The longer we stay in quarantine the more likely being laid off will become permanent for a lot of people.

>> No.18375795

>>18375783
Kek I'm saying that we won't see another spike like 2017 for a long time.

>> No.18375845
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18375845

>>18375795
Chinance is just a way for the CCP to get their hands on desperately needed greenbacks. CZ will pump the price along with trump bux NEET boys and then dump it. Trump bux put into crypto will go directly into the coffers of bugmen.

>> No.18375861

>>18375795
If bitcoin remains decoupled and stable. People are gonna move their money to Gold and Bitcoin. That's when you will see a surge in price, when you least expect it. Halving will have little to do with it.

>> No.18376138

>>18375861
It's a good hedge against the dollar, and its a really interesting financial instrument. At the moment bitcoin is following the rest of the financial markets, so I don't know if that counts as decoupled.
>People are gonna move their money to Gold and Bitcoin.
I think we'll see more people moving their money into BTC than gold. You can kind of see that already with the highest volumes on record in the past month.
That being said, the US dollar remains powerful and is actually getting stronger as people flee other currencies to the USD. Its happening so much that its become an issue for the US economy as the strong dollar hurts manufacturing even more.

>> No.18376155

>>18375795
>Kek I'm saying that we won't see another spike like 2017 for a long time.
oh in that case I agree with you
I thought you were saying the chinks are getting their money out through BTC which would cause a spike... because I think that ship already sailed when CCP started welding people into apartments

>> No.18376334
File: 305 KB, 1068x543, 1584574286182.png [View same] [iqdb] [saucenao] [google]
18376334

>>18374034
couldn't agree more

>> No.18377014

>>18374034
Out of every chart like this I've seen this one is the most retarded one yet

Congrats OP, that's a pretty difficult feat on this board

>> No.18377058

>>18374853
>>18374941
We're clearly at first selloff if you really want to use that chart. Smart money got in on it when it bottomed out at $3K last year and anyone who tells you otherwise is a newfag or delusional (a bear)

>> No.18377208

>>18375692
>20 gorillion small businesses seize to exist
>people will just go back to their non existant jobs
Walmart and Amazon will be a combined 10% of US workforce after this shit is over

>> No.18377223

>>18377014
>>18377058
delusional bulls
cope

>> No.18377279

bearfag cope is funny

>> No.18377349
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18377349

>>18377223
The only thing bears ever do is think the price will go all the way to 0 and try to zoom in on 5 minute candles to desperately get the charts to fit their narrative, it's pathetic

>> No.18377474

>>18377349
>The only thing bears ever do is think the price will go all the way to 0 and try to zoom in on 5 minute candles to desperately get the charts to fit their narrative, it's pathetic
nah zoom out retard
bears think we're going back to long term mean...
which we are

>> No.18377724

>>18377474
Yes the long term mean right now is above $8,000 are you actually stupid? This is why I say bears are delusional, BTC has been steadily gaining over the course of a decade now.

Or did you forget a single bitcoin was worth less than 20 cents at one point and not but 4 years ago it was under $500?

>> No.18377797

some anecdotal evidence here but some people I know aren't expecting to "go back to work" until June at the earliest and August at the latest. Take from it what you will .

>> No.18378652

>>18377724
>the long term mean right now is above $8,000
fucking bulltards holy shit
long term mean is $1000
zoom the fuck out, crypto didnt start in 2017 morons