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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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25823203 No.25823203 [Reply] [Original]

>> No.25823224
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25823224

>>25823203
Based retard

>> No.25823237

>>25823203
Unironically true

>> No.25823244

>>25823203
denial confirmed

>> No.25823257

>>25823203
Sure buddy

>> No.25823288
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25823288

>>25823203
ʍou ʇɥƃiɹ ǝɹǝɥ ʎllɐɹǝʇil ǝɹɐ ǝM

>> No.25823295
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25823295

>>25823244
This is what makes it so fun. Is it denial? Is it a bear trap? Is it the bull trap?? WHAT FUN!!

>> No.25823307

>>25823203
believable honestly

>> No.25823309

>>25823288
fucking based dubs poster

>> No.25823328
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25823328

>>25823203

>> No.25823346

>>25823203
Public are all over it though, so you're wrong. Unironically had a retard friend send me a screenshot of a coinbase buy crypto advert he saw on Snapchat. This is it, normies are in deep

>> No.25823392

>>25823328

>>25823328
>>>25823203 (OP) (You)
Zoom out retard

>> No.25823473

Anyone that isn't a complete brainlet knows this market cycle isn't really supposed to start until just the beginning of this year. This is nothing but a mini bubble. Sure it might crash short term, but over the next 12 months btc will hit 200k. Lowest this crash takes us is 20k, and that is an absolute worst case scenario.

>> No.25823560

>>25823473
>baseless claims fueled by brain reward centers

>> No.25823593

That was the -30% crash from 13.5k to 10k though. This is unironically "return to normal"

>> No.25823615

>>25823473
From what I can see, the 2017/2018 run was 12ish weeks to top.
We’re now at 16ish weeks.
Am I looking at 2017 wrong? Do I need to move the start point back?
I don’t get why everyone seems to think that a run is going to last all year. What am I missing?

>> No.25823782

>>25823615
You are a moron if you can't see that the price had been going up that entire year

>> No.25823813

>>25823615
Market cycles are caused by the mining rewards bring halved, which occurs every 4 years. There's no reason for the timespan of market cycles to shorten. This is just a standard retracement that occurs during bullruns to shake out new investors.

>> No.25823995

>>25823782
Fair enough. I can see the price had been rising (slowly) all year. But the dramatic rise to top took 12 weeks. In this case the dramatic rise had been 16 weeks. How are you accounting for that difference? (Obviously, they’re not going to look exactly the same, but it would seem to me that the dramatic rise phase comes at the end of a run - why in this case is that phase expected to last longer?)

>> No.25824042

>>25823813
Ok. That’s a good point. But the last run didn’t see such a dramatic rise until the end (and the hard pump coming to the end signalled the end of that run). What’s different here? Why are we expecting that crazy pump phase to last longer that last time?

>> No.25824120

>>25824042
Lol everyone spot the Newbie
This is a Market Correction. It’s healthy retards

>> No.25824140

>>25823288
Kek, genius

>> No.25824155

>>25824042
This 'dramatic rise' might look tiny if in one year BTC is at 300k. It's literally just hindsight. Nobody really knows.

>> No.25824167

>>25824042
ugh 2017 was a year long moon

>> No.25824186
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25824186

dump or drown soldier

>> No.25824190

>>25824042
2013 bullrun is similar to this on

>> No.25824209

>>25823203
We're still in despair from 2018.

>> No.25824223
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25824223

>>25823203
False.

>> No.25824233
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25824233

>>25823288

>> No.25824276

I sold yesterday with a 30% profit
Can't wait to buy the crash

>> No.25824278

>>25824042
It only like like that because we don't have enough price data on this bullrun, charts have a way of exaggerating new price rises at first. If btc goes to 250k-250k over the next year then this pump will look like nothing.

>> No.25824287

>>25823288
Australian investors are the worst investors.

>> No.25824317

>>25823203
People already said that the last time and it worked. If at all, we're at Bull trap now.

>> No.25824347

>smart money bought in at 5k
>institutional investers announced their buy ins
>media attention has happened
>public went insane on shitter
>that red arrow
HAHAHAHAHHAHAHAHAHAHAHA

>> No.25824397

>>25823288
>HAg id
i sense your powers dark lady

>> No.25824435

>>25823224
based

>> No.25824543

>>25824155
>>25824278
Ok. That’s fair enough. Thanks anons. Will go back to the charts.

>>25824190
In what way?

>> No.25824652
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25824652

>>25823224
based

>> No.25824676

>>25823288
the eternal emu fighter strikes again
>>25823203
its gonna go down to 25k or less, all newfags will panic sell as institutions get everything
then its gonna pump to 200k outpricing everyone forever

>> No.25824709

>>25823203
We are at return to normal fren

>> No.25825129

>>25823346
There's a difference between them seeing ads and actually buying. Same with media attention, there's a few articles put there but it's not the insanity I saw in 2017 yet. The US has massive market penetration of bitcoin and crypto, in the rest of the world there is a big difference, it's still very much under the radar in general.

>> No.25825164

>>25823473
This time I want it to dump lower than 20k

>> No.25825195

>>25823203
https://www.theguardian.com/business/2021/jan/11/bitcoin-be-prepared-to-lose-all-your-money-fca-warns-consumers-risk-productis-cryptoassets

FCA not mincing words. If it's too good to be true, it is.

>> No.25825263

>>25824652
kek

>> No.25825321

>>25823615
It won't last all year. Compared to last run the halving was two months earlier. So factoring that in we are at march-may time 2017 in terms time afte relative supply shock

>> No.25825345

>>25825195
>nooooo please keep your money in out banks goyim!! it's for your own good!!!

>> No.25825347

>>25823813
We are just over two months ahead of the last runs halving also worth noting

>> No.25825602

Take off, good luck

>> No.25825734

Imagine believing the first pullback is the end of the bullmarket. Dumb niggers

>> No.25825830

>>25823782
Which is more evidence that it's actually over

>> No.25825836

>>25824676
Yees. Tether fud is REAL, it will crash it to the 20k range. Probably even break a scamwick down to 15k ish. That is the time to buy I have placed a buy order at 20k. Simple as that. this entire kike FUD (which has a very serious background) has the only incentive of shaking out shoeshine boys, so that the (((institutions))) who missed out so far can gobble up more cheap BTC.

>> No.25825839

>>25823203
this. literally first selloff of this bullrun

>> No.25825898

>>25823288
Fucking checked

>> No.25825925

>>25825734
Imagine it's not and see lossing all your money, while i will be buying back at 15k next week..

>> No.25826015

No it’s unironically over

>> No.25826045

>>25823615
Daily reminder. It only costs $8k to actually mine a bitcoin.

>> No.25826134
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25826134

>>25823203

>> No.25826167

>>25825839
>just a sell off
>keeps going down

>> No.25826227

You guys wanting to justify your assumptionscby looking back at 2017, 2013 etc... every one of them were different. This one is also different. It is crashing. It will go down to 8/9 k. This was the bullrun. It has ended. Normies think they cant buy because it is too damn expensivem. Really if you really think it would go past 50k you are a real retard

>> No.25826393

>>25824652
We're at bear trap

>> No.25826537

>>25823328

g-guys?

what if 2018 was only the first sell of and this is the peak?

this is the end isn't it?

>> No.25826615

>>25824652
given that my fucking aunt wanted to buy bitcoin from facebook ads and asked me how to do it, we are doomed

>> No.25826751

>>25823328
if this is true and this is a correction similar to the first sell off in 2017 that happened at around 3k, then this should last two to three weeks and take us to the mid 20ks.

>> No.25826800

>>25826045
>Daily reminder. It only costs $8k to actually mine a bitcoin.

I don't see how you can say that if you don't know the cost of current in my area. The ASICS alone are 2-3k.

>> No.25826838

>>25825195
yet HMRC is more than happy to tax you to death on it. i don't know how they can have tax free gambling in the uk and then look at trading and say yeah that's legit, taxes please.

>> No.25826858
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25826858

it's over>>25826537

>> No.25827233

>>25823203
I can't post it now, but google the gold 100 year chart. It is still the exact same toa T, including this selloff.

>> No.25827311
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25827311

depends how many bitcoin stock you have and if you withdraw or nah

>> No.25827371
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25827371

>>25823615
Yeah I'm thinking you're looking at it wrong. If you can post a better analysis and model than this, I'll believ you