[ 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: 150 KB, 267x320, 2363745856.png [View same] [iqdb] [saucenao] [google]
24906813 No.24906813 [Reply] [Original]

https://twitter.com/intocryptoverse/status/1339584095366467585

He is predicting BTC to peak sometime in 2023. That this cycle will not be a 4 year cycle.

>> No.24906923

nope, 4 years, every time

>> No.24906962

Just go watch his video that explains why he thinks there will be lengthening cycles. Makes sense.

>> No.24906979

>>24906813
He's full of himself. Needs to come down to reality with the rest of us.

>> No.24906988

based

>> No.24907018

Doesn’t even matter anymore, the gains won’t be as big and neither will the dumps be as big. No longer have to time the top and sell. Btc is going to act like a boomer stock from now on

>> No.24907026

>>24906923
This much institutional adoption draws a close to the early days. This time is unironically different

>> No.24907034

>>24906813
No evidence for lengthening so far - I agree that it may still be too early to call, but there is literally nothing to back up his claims as of now

>> No.24907039

>>24906813
TLDR for anyone not wanting to waste time.

This poorfag is both a TA-fag AND is shilling ripple to his retarded followers.

This is case #524721 of a FUCKING LOSER retard that has MISSED OUT and is now SEETHING.

>> No.24907058

>>24906813
he said we might break 20k but theres a high chance it would be unsustainable...
the line to hold would be 20 weekly ema...
also dont forget to subscribe to his premium...

>> No.24907077

>>24906813
He looks like a complete faggot, so he's probably wrong

>> No.24907102

>>24907039
thanks

>> No.24907152

>>24906813
hey ben

>> No.24907197

Show me the four year cycle happening outside of 2017 and measured consistently (peak to peak, bottom to bottom, etc)
>you cant
>you are coping because you cant wait a year to two

>> No.24907311
File: 6 KB, 250x240, shitcoin.jpg [View same] [iqdb] [saucenao] [google]
24907311

>>24906813
> You can do it ETH, LINK, ADA, XRP
sounds like a shitcoiner coping with holding bags

>> No.24907353

>>24906813
what has e EVER been right about before? the list is not long

>> No.24907385

>>24907039
You are literally a fucking brain dead retard. The dude literally tells his followers now to buy XRP, only when bitcoin is past an all time high does he say to buy some XRP and sell the pump. His videos are great and he made me a shit load of money, post your portfolio faggot let’s see it

>> No.24907816

>>24907385
This is the 3rd time I've seen a Cowen thread this week. Biz is not ready for his TA, the fewer who are aware the better. Let them make thier wild claims so that the fools on this board don't ruin something good. Exclusivity is key with the kind of info he's putting out.

>> No.24907951

>>24907058
>he said we might break 20k but theres a high chance it would be unsustainable...
>the line to hold would be 20 weekly ema...

Neither of which is wrong if you go by historical data. The big question however is now in how far this data is still applicable to our current situation.

>> No.24908310

>>24907816
He's got 2k+ premium subscribers paying $1k per year. Nicely done ben

>> No.24908530
File: 99 KB, 750x459, 2D1FCA55-D6FE-4F5F-9938-7B2683BDC7EE.png [View same] [iqdb] [saucenao] [google]
24908530

No it goes by 4 year cycles. Remember this old chart? Expect BTC top in July 2021

>> No.24908600

>>24907385
Hey Benjamin
top KEK

>> No.24908606

>>24908310
if this is true then congrats ben, that's what being a real entrepreneur is.

>> No.24908617

Yes. We will have a 5-year bull market now.

>> No.24908655

anyone else think this guy is a massive closeted gay

sometimes the voice comes out super strong and you can see him kinda suppress it consciously

>> No.24908747

>>24906813
>Is this fucktard right
Doubtful. There's a pretty obvious reason for the four-year cycles, because that's the halvening schedule. There's absolutely no evidence that the cycle will be longer.

There's some evidence that each cycle is flatter. I doubt we'll see the 20:1 gains in 2021 that we got in 2017. I also doubt we'll see an 85% "correction" in 2022 like we had in 2018. The stupid retail buyers don't have the money to drive the price up in a thinly-traded market like they did back then, and the big investment firms aren't going to dogpile the trade.

I think by the time the current cycle ends we'll see a steady $80K price, maybe with a peak over $100K.

>> No.24908840

>>24906813
No
Into the griftoverse might be able to save his credibility though if Bob Loukas is right and there's a macro cycle, which would mean the 4th one would be overall bearish, so 2023 would be the peak before a 3 year bear market until 2027

>> No.24908922

>>24908747
Hot take: the 4 year cycle isn't based on the halvings, it's just a market cycle

The main thing is that the halvings shift a bit, on the order of months from halving to halving, and yet the bear markets always last almost exactly one year from top to bottom and December 16th-18th is always an important time for some reason

>> No.24908950

>>24908530
i think people underestimate how much harder it is to go from a $375B mc to a $2T mc...

>> No.24909026
File: 104 KB, 1481x951, m2v.png [View same] [iqdb] [saucenao] [google]
24909026

>>24906962
>Makes sense
there are a lot of theories that make sense that just aren't true.
for example Steve Van Metre keeps pushing the deflation theory.
It makes total sense, if you look at velocity and lending growth. But that doesn't mean he's right.

>> No.24909081

>>24906813
No, he is wrong. He is falling for the historical fallacy. Everything about his channel ia about what has happened before, will happen again. Literally no market paycokogy or any other form of analysia beside historical.

>> No.24909094

>>24906813
https://www.youtube.com/watch?v=iMm58L8aeVA&t=2488s
No lengthening cycle

>> No.24909500

>>24908922
>the halvings shift a bit
>the 4 year cycle isn't based on the halvings,
>December 16th-18th is always an important time for some reason
So your entire methodology is based on literally random guessing plus numerology? As opposed to rather straightforward algorithmic analysis? Ok. You do you, I'll stick to knowing what the code enforces regarding production cycles. How does the leap year fit in? Is that why we're one day off this time?

>> No.24910546

>>24908950
Not with the dollar shitting the bed, bonds at negative real yields, and the big boys getting in

>>24908530
Top should be in nov-dec 2021 since this regression and hence forecast doesn't take into account the imminent bear market at the time

>>24909500
No it doesn't have to do with "numerology" rather why would the halving affect the price in real terms at all beyond the psychological?
The burden of proof is really on you anyway
The 1st halving was in Nov 2012, then the 2nd was in July 2016, and the 3rd was in May 2020
Yet the tops and bottoms simply haven't shifted that much

>> No.24910551

>>24906813
I used to listen to his shit but turns out he was just a nocoiner who doesn't understand the dynamics of this market. Very sad desu. Imagine thinking we can't hit 20k for 3 years, lmaooooo

>> No.24910656

>>24906813
He’s a smart math autist but his theories don’t hold weight. You can’t calculate market cycles using numbers, even Isaac Newton came to this conclusion.

The whole premise of his argument is based on 2 data points, it’s not enough. His model predicted we wouldn’t be above 20k before the end of 2021 and he was wrong, and he will be wrong again on his claim that we won’t reach peak bubble until 2023.

>> No.24910791

>>24910656
I'm starting to think this too. It's only 2020 EOY and Bitcoin is at $23,000 already

>> No.24911109

>>24906813
even a retard can look at the cycles chart and see they're lengthening but only slightly more each time so it's more like 4 and half years this time around, not 2023

>> No.24911173
File: 268 KB, 1141x712, 1590981297205.png [View same] [iqdb] [saucenao] [google]
24911173

it's not rocket science, stop over complicating things
top will be nov dec 21, self fulfilling prophecy

>> No.24911413

>>24910546
>December 16th-18th is always an important time for some reason
>for some reason
>for some reason
>for some reason
>The burden of proof is really on you anyway
>i don't gotta prove shit it's just important nigga you dumb
>for some reason
ok

>> No.24911500

>>24908530
Fuck I forgot the name of the bitcoin talk guy who made this. Legendary

>> No.24911562

>>24906813
cheap suit, tacky tie. Claims to have answers to the market yet sells a course and is wrong on the market, muh lengthening cycles , behold another snake oil salesman!

>> No.24911605

>>24908310
exactly, a snake oil salesman that didn’t make his money off trading, or crypto but selling bad advice to suckers

>> No.24911616

>>24911413
You're just avoiding the fact that the halvings have varied from May to November but the tops and bottoms of both 4 year cycles so far all happened within a half a month +/- of December?

>> No.24911643

Bob Loukas, willy woo and filb give better advice for free , bens a newfag who stole all their content and shilled it

>> No.24911667

>>24911643
Bob Loukas is a boomer Chad.

>> No.24911670

i'm tired of this shill

sage

>> No.24911689

>>24910656
this, anytime btc makes a move he gets on and farms subs. he’s been proven wrong, enough said already let’s forget this dude

>> No.24911691

so nobody else thinks the guy is a closet gay

has anyone heard him speak

>> No.24912526
File: 360 KB, 1134x696, 093400.jpg [View same] [iqdb] [saucenao] [google]
24912526

>>24908530
I just went to Trololo's original thread and found he had a calculator to find today's current price using his formula. It comes out to $24,380 somehow.... and it was from his post in 2017

https://bitcointalk.org/index.php?topic=831547.0

>> No.24913373

>>24912526
No, it doesn't. It comes out to 73,100 today.

>> No.24913531

>>24908600
checked and that's what I thought when I read that too lol

>> No.24913636
File: 140 KB, 1424x618, 34556565436456.png [View same] [iqdb] [saucenao] [google]
24913636

>>24907385
god damn dude. Plan B literally just stomped your little pussy ass to death. that was fucking brutal.
looked like he busted all your little faggy teeth out and you sit there looking completely shocked with a mouth full of blood and a receding hairline.
brutal.

>> No.24913665
File: 78 KB, 750x676, 0513CAF6-1739-4CC2-A560-9A59B081B026.jpg [View same] [iqdb] [saucenao] [google]
24913665

>>24912526
Jesus fucking christ
>>24913373
nigger

>> No.24913753

crypto related words that trigger me:
1.lengthening cycles
2.kyc
3.crypto to crypto tax
4.poopoopeepee

>> No.24913789

>>24913636
>>24913665
Bwahahahahaha
Everyone but 4 year cycle chads utterly BTFO

>> No.24913810

>>24906813

He's an American pajeet.

>> No.24913920

he's wrong, peak will be in the end of 2021 and it will crab for half of 2022 at the top

>> No.24913950

>>24906813

Ben Cowen is not a technical trader. Stop calling his work "TA". There is no serious trader that would use his information to place trades - you will lose money for sure.
NOBODY uses a log chart to trade, it's ridiculous really.
He just takes advantage of new and/or gullible people to shill his own "paid group" that has has plagiarised work from Willy Woo.

>> No.24914088

>>24907816
Kek no we are not ready for your edgelord meme lines

>> No.24914098

>>24913665
HOW THE FUCK IS IT POSSIBLE UNLESS WE ARE LIVING IN A SIMULATION

>> No.24914115

>>24906923
this is literally retarded, you realize that right

what magic is enforcing 4 year cycles

show me the 4 year cycles from the past

>> No.24914120

HOW HOW HOW HOW HOW HOW HOW

HOW CAN IT BE POSSIBLE. IT CAN'T BE A FUCKING ALGORITHM UNLESS WE ARE PREDESTINED.

>> No.24914168

Too much faith placed in these cycles.

Psychogy plays a roll, it's a human market after all.
The cycles are dictated by supply of btc sure but the buyers are changing that will affect these cycles.

>> No.24914197

>>24914115
Nice redditspacing
What magic enforces the business cycle?
We have 2 complete cycles so far, and are tracking onto the third perfectly
I don't know what more you want from a 12 year old asset class

>> No.24914268
File: 126 KB, 800x769, 1492621495408.png [View same] [iqdb] [saucenao] [google]
24914268

>>24913665

>> No.24914277

>>24914115
Not magic
Maths.

Why do you think the cycles are dictated by the halvening

>> No.24914283

>>24908310
proves that his words are worthless
otherwise he would be getting rich
rememember: those that can, do. those that cant, teach.

>> No.24914300

>>24913665
will this work for 1 year out? how do i use this archaic weapon

>> No.24914326

>>24913665
MY LIFE IS A LIE
LET ME OUT OF THIS SIMULATION
WAKE ME UP WAKE ME UP
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>> No.24914348

No one, no matter how much data they have or how well its presented, knows what btcs price will do except the most powerful whales and even then they don't always agree on where to take the price and where to take profits.

>> No.24914472

Stock-to-flow model says no

>> No.24914557
File: 25 KB, 554x554, images.jpeg-22.jpg [View same] [iqdb] [saucenao] [google]
24914557

We will literally never see bitcoin below 20k ever again.

>> No.24914594

>>24914300
10^(2.6616×ln(4,360+365)
−17.9183)
The answer is 40k...

>> No.24914755

>>24914115
BTC halves every 4 years.