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/biz/ - Business & Finance


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28139215 No.28139215 [Reply] [Original]

This is not sustainable

>> No.28139332

>>28139215
I am afraid your statement didn't need to be written given the attached image file is already showing incredibly unusual trading activity

>> No.28139405
File: 10 KB, 225x225, download.jpg [View same] [iqdb] [saucenao] [google]
28139405

>> No.28139581

>>28139215
>>28139332
>>28139405

C O P E
O
P
E

>> No.28139599

>>28139215
bye da dips yo

>> No.28139640

>gay ass y*ro currency
get fucked cunt

>> No.28139645 [DELETED] 

tether will be forced to stop printing next week

>> No.28139833
File: 293 KB, 2152x1268, linearfag.jpg [View same] [iqdb] [saucenao] [google]
28139833

>>28139215
but it is.
learn how to use a chart before you litter the board with your faggotry.

>> No.28140089

>>28139833
checked and log based

>> No.28140334

>>28139645
this, it might actually be over. I'm considering withdrawing my funds from exchanges, this shit looks fucking bad

>> No.28140396

>>28139833
You must be dim. How are log scales relevant? The fact you are even talking about log scales literally confirms the fact it is not sustainable.

>> No.28140462

>>28139645
Based on what

>> No.28140558

>>28139833
Checked and based. New fags need to learn.

>> No.28140793
File: 507 KB, 1200x628, macropenis.jpg [View same] [iqdb] [saucenao] [google]
28140793

>>28140396
because that's the only way you can see how bitcoin has performed in the past.
this big green dildo fest is nothing out of the ordinary for bitcoin, you fucking loser.

>> No.28141037

>>28140793
/biz/ really is the brainlet board.

>> No.28141164

>>28140462
Based

>> No.28141287

>>28139215
imagine the culling once it starts going down

>> No.28141339

>>28140334
>Tether FUD in Year of Our Lord 2021

>> No.28141386

>>28139215
>Linear scale.
>Hasn't seen the rainbow meme chart.

OP NGMI.

>> No.28141423
File: 119 KB, 929x1175, 1565236260451.png [View same] [iqdb] [saucenao] [google]
28141423

>>28139215
>This is not sustainable

>> No.28141601
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28141601

Readying my pink wojak folder

>> No.28141753

>>28140793
>tfw I look exactly like the virgin guy
I'm glad this meme hasn't taken off in my country

>> No.28142116

>>28139833
Exponential growth is not sustainable in any market lol, even Moore's law had to end at some point

>> No.28142270

This speed isn't, it's going to crash back down to 25-30, but long term it will always continue to rise. Buy the dip or hold and wait.

>> No.28142394

>>28142116
>Exponential growth is not sustainable in any market
you know what logarithmic means, don't you?

>> No.28142474

>>28142394
The guy is saying that it grows linearly within the log scale, which means "every year it multiplies by x", which means exponential growth. What do you mean?

>> No.28143393
File: 152 KB, 680x453, gaylord.gif [View same] [iqdb] [saucenao] [google]
28143393

>>28142116
premium salt

>> No.28143448

Zoom out.

>> No.28143609

>>28141601
God help me. I'm not selling.

>> No.28143716

>>28140396
Because exponential growth is best modelled via a log graph

>> No.28143825

>>28139833
why do redditors think pulling infographics that aren't even relevant to the discussion at hand will do anything
maybe for the cult that invested into GME

>> No.28143875
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28143875

>>28143393

>> No.28143973

Honestly though, I'm not even trolling or shitposting, how is this not 2017-2018 allover again?

>> No.28144111

so at what point do we expect the dip?

>> No.28144213

>>28143973
thats exactly what it is
everyone here knows it which is why the board isnt being spammed with retarded green wojacks
we're literally just waiting for the crash to watch them all cry

>> No.28144235

>>28143973
Because Tesla bought bitcoin and more companies will follow soon.

>> No.28144271

>>28139215
50k next week

>> No.28144345

>>28139215
No. It's necessary.

>> No.28144402

>>28139215
I know, isn't it awesome?

>> No.28144439

youre right, its still way too low

>> No.28144444

>>28139215
prices go up brrrr brrrr

>> No.28144445

>>28144213
It's just insane. Can anyone look at the charts and say "Yep, this is sustainable, prices are here to stay.". Like, please prove me wrong, but man I think it's going down a lot sooner or later.

>> No.28144516

Should I sell or hodl?

>> No.28144536

>>28143973

it is except it's still Jan '17. peak is $2mil in a year.

>> No.28144541
File: 163 KB, 1200x665, ErIcWw9WMAAHqip.png [View same] [iqdb] [saucenao] [google]
28144541

>>28139215
How hard are you going to cope in 2024?

>> No.28144574

>>28144445
it's going straight to $100k and there's nothing anyone can do about it.

>> No.28144591

>>28144516
hello dumb money

>> No.28144626

Post your shorts if you're so sure iys gonna go down faggots

>> No.28144633
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28144633

>>28144445
Totally agree, it's just absurd.

>> No.28144732

>>28139215
Unsustainably low, faggot, like your test levels

>> No.28144735
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28144735

>>28144111
Hopefully soon

>> No.28144736
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28144736

>>28144444

>> No.28144740

>>28139215
This is literally it. Elon Musk buys $1.5b in BTC and plans to accept it as payment. There's nowhere to go from here but up.

>> No.28144789

>>28144633
fucking lol. fiat fags btfo

>> No.28144808

>>28139215
LURKING EURO CHART
HAHAHAHAHAHAH DU NIGGER

>> No.28144862

>>28144740
Richest man in the world. Universally admired entrepreneur. Many more will follow.

>> No.28144884
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28144884

>>28140462
Judge in NYC case is ruling next week as to whether or not Tether will get the USA-XRP type treatment...probably going to be delayed again, we'll see. But the Judge is a Jewish former Bankruptcy Lawyer turned Federal Judge and will do what the insider Jews tell him to do, which is probably 'Shut It Down'

>> No.28144946

>>28144740
Other S&P 500 firms are just going to buy in during any downward trend. It's literally ogre. BTC will be above $100k in a few weeks.

>> No.28144959
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28144959

>>28144633

>> No.28144960

>>28144633
>>28144789
most of us think that shits going to collapse soon too

>> No.28145041

>>28144960
fiat collapse = btc skyrocketing

>> No.28145142

>>28145041
lol

>> No.28145222

>>28144445
with the news today from tsla, yes it is here to stay

>> No.28145232

>Artificially suppress prices for years
>Keep accumulating
>Stage a worldwide crisis
>People sell their savings, lose jobs, start struggling financially
>Suddenly news appear about big companies getting into crypto
>Unleash new protocols and mumu bots with full power
>Multiply your already huge wealth further

I see what you did there (((guys)))

>> No.28145265

>>28142116
Of course not... but BTC has a still an infant market compared to everything else out there. Student debt in the US alone dwarfs BTCs entire market cap like 10x over

>> No.28146087

>>28144111
March; but it might continue until summer aswell. Thinking about going back in with 10k and try to flip shitcoins. Altseason mania haven’t reached euphoria yet but the signs tells me it will start pretty soon. But I don’t want to risk too much; if BTC get a major correction or flash crasches 95% of all shitcoins will be obliterated and most will never recover.

>> No.28146308

>>28139215
>btc pump
>Random alts pump
>Bigger btc pump
>Alt pump like never seen before
>Crash
>Rinse and Repeat.

>> No.28146348

>>28142116
Moore's Law is just about to transform from transistor to quantum computing and increase in velocity.

>> No.28146482
File: 75 KB, 233x261, 1574098774215.png [View same] [iqdb] [saucenao] [google]
28146482

>>28139215
>cashed in at 20K

>> No.28146489
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28146489

>>28139833
Ignores all the massive sell offs.

>> No.28146945
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28146945

>>28143825
GME's glorious parabolic move was completely out of the ordinary. Parabolic moves are routine for bitcoin. That's why I bought it while it was 80% down.

>> No.28146978

>>28144862
the fact that redditman bought makes me want to sell

>> No.28147734

>>28139640
Triggered mutt. Every currency that can be traded at a higher ratio than 1:1 compared to the cucked USD is superior. Seethe.

>> No.28148751
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28148751

>>28146978

>> No.28148921

>>28145041
just like in march

>> No.28149122
File: 268 KB, 267x441, 1592099081838.png [View same] [iqdb] [saucenao] [google]
28149122

>>28148751
>>>/r/theDoland

>> No.28149128

>>28139215
Big crash soon big dump soon !

Post short OP?

>> No.28149170

>>28144862
>>28144740
idk why you guys are even saying this. isn't it obvious? does anyone here really think btc can go anywhere but up at this point? if so then wake up T E S L A bought

>> No.28149488

>>28139215
This is extremely dangerous to our democracy.

>> No.28149607
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28149607

>>28149488
good democracy is a hopelessly dysfunctional smelly dumpster fire

>> No.28150325

>>28146348
Moores law is broken you moron.

>> No.28150453

>>28139215
looks like a natural organic climb to me

>> No.28151289

>>28146348
quantum is a meme
we've already reached peak civilization and tech, it's all downhill from here

>> No.28151898
File: 43 KB, 959x517, https___images.saymedia-content.com_.image_MTc2MDgwMDIyNjE0ODQ1MzE5_greatest-year-over-year-money-supply-surge-in-history-2020-09-28.jpg [View same] [iqdb] [saucenao] [google]
28151898

>>28139215
is this unsustainable too?

>> No.28152035
File: 186 KB, 1684x1068, Screen Shot 2021-02-09 at 12.58.40 pm.png [View same] [iqdb] [saucenao] [google]
28152035

>>28139215
It never is (until it is).

>> No.28152909
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28152909

>>28139215
Its just following this you stupid nigger.

>> No.28153225

>>28139215
crashing the market with some survivors

>> No.28153379

the great reset

>> No.28153484

Who will sell me bitcoin puts

>> No.28153660

A 1.5 billion investment into the global pyramid scheme will do these things

>> No.28153866
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28153866

>>28141037
>using a linear scale to represent values over several orders of magnitude
And you call us the brainlets
>>28152909
PR in beloved linear scale :^)

>> No.28153988

>>28139215
zoom in

>> No.28154374

>>28146489
>ignoring the average change in price between all prior and future ATHs
>only doing 2x off the previous high is a 3 SD event

>> No.28155523

>>28139215
You must be new to crypto. Shit like this happens during a bull run.

>> No.28155649

>>28139833
OP eternally BTFO