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/biz/ - Business & Finance


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28680551 No.28680551 [Reply] [Original]

>> No.28680662
File: 31 KB, 1129x584, BTCUSDMonthly2.png [View same] [iqdb] [saucenao] [google]
28680662

>>28680551
Delusion to new paradigm.

>> No.28680911

>>28680662
fpbp

>> No.28681021

we concluded the first sell off upon the most recent break of 40k and runup to 50

bobotards were saying we were in delusion to new paradigm since before 20k

>> No.28681093

>>28680551
stop posting this stupid meme graph 20 times a day you retarded faggot

>> No.28681129

Enthusiasm to greed

>> No.28681279
File: 34 KB, 960x696, moneysupply.jpg [View same] [iqdb] [saucenao] [google]
28681279

Ya don't say...

>> No.28682491

>>28680551
Enthusiasm

>> No.28682620

Its over soon right bros?

>> No.28682709

>>28680551
optimism

>> No.28682714

>>28680551

We are after the bear trap.

>> No.28682900

Take off

>> No.28682935

Media attention

>> No.28682942

>>28680551
Just passed the "first sell off", now heading into media attention.

>> No.28682947

>>28681129
This

>> No.28682960

>>28680551
Greed

>> No.28682970

>>28680551
New paradigm, literally

>> No.28682990

>>28680662
zoom in retard

>> No.28683061
File: 1.10 MB, 1200x820, 1609601855314.png [View same] [iqdb] [saucenao] [google]
28683061

>>28680551

>> No.28683066

The board will be all pink wojaks any day now won’t it /biz/? I’m scared bros.

>> No.28683072

>>28680662
You'll be posting that all the way up to 100k per btc.
Faggot

>> No.28683096
File: 121 KB, 2048x1117, EuK6uQ9WYAA12LJ.jpg [View same] [iqdb] [saucenao] [google]
28683096

>>28680551

it's just beginning you fucking retards

>> No.28683118

BTC is losing dominance yet still growing in price, so I think we are on greed. Do not forget to sell before march.

>> No.28683165
File: 251 KB, 1146x1089, 64h6538w5.png [View same] [iqdb] [saucenao] [google]
28683165

>>28680551
We are unironically at the start of the media phase. Many anons will cry at this statement and make claims that 2017/2018 was this phase, but it wasn't. We simply were happy for crypto to be mentioned on tv back in 2017/2018 - that was not media attention like most think. We are now only getting out of the bear trap and starting the rocket ride upwards. We are now in the third phase of growth which is the public awareness stage - this is where the public will learn what ETH and LINK and other projects are and how they will now be running the backend of most systems in the world. The growth we are about to see in the coming weeks / months will reflect the feelings we experienced in the latter months of 2017. To those who still have some holdings left, you are about to be blown away at the coming 3x-5x the whole market is about to do. I feel it and several others do too - we not wrong often.

>> No.28683297

>>28683118
I'm not selling until june coward

>> No.28683537

>>28683165
I feel it too Pepe

>> No.28683638
File: 67 KB, 700x512, 1613251342463.jpg [View same] [iqdb] [saucenao] [google]
28683638

>>28680551
Media attention

>> No.28683667

Media attention phase. We have not yet begun to truly pump.

>> No.28684292

>>28681279
Look at the Y-axis, you num-nut. We're still in enthusiasm. If you see prices doubling in a matter of days if not hours and your hairdresser talking about crypto, then you know we're nearing "new paradigm!".

>> No.28684353

>>28683667
Bros we're going to make so much money.

>> No.28684440

>>28684292
you don't understand what the new paradigm phase stand for do you? it's about believing price will only go up without a correct, which is where we are now. We are ending the greed phase and entering last phase. Crash is imminent you dumb faggets

>> No.28684499

>>28683096
>this time it's different
>oh no wait it's the same

>> No.28684515

>>28684440
> it's about believing price will only go up without a correct
Nobody believes that right now

>> No.28684564

>>28684515
lot of people say we are going to 100 k or even 300 k EOY

>> No.28684647

>>28680551
Barely at media attention

>> No.28684719

>>28684440
you will never be a woman

>> No.28684723

>>28684564
Listen faggot, if you're so convinced it's going to crash show me your 10x leveraged short on Bitcoin.
Nut up or shut up cunts.

>> No.28684754

>>28684564
100k followed by a correction back to 30k over the course of the next 2 years matches previous trends.

>> No.28684765

>>28680551
media attention

>> No.28684839

>>28684723
i will not short you idiot as this is a way too risky bet. But i did sell a part of my portfolio and i keep selling gradually every day. Anyway, i'm making a lot of screencaps and will post a nice thread later on

>> No.28685006

>>28684839
You're only doing what any non-degenerate gambler would be doing.
Taking profits on the way up is a fucking no-brainer.
No one is saying it's gonna keep going up fucking forever. Of course it will fucking crash one day but you dipshits acting like it's gonna happen in like a week are fucking delusional.

>> No.28685079

Think we're in the institutional phase still. Lot of room to run.

>> No.28685097

>>28684647
it 10x'd over the past year and we're "barely at media attention"? kek.

>> No.28685268

>>28684839
Based

>> No.28685291

>>28685006
Well, good luck to you fren, but i'm going out massively, sold arleady 50%

>> No.28685447

>>28685291
To each their own.
I'm not cashing out half till I've hit my own target.
If it all comes crashing down before then, well fuck it, I've only put in play money anyway.

>> No.28685468

>>28680551
I'm at fear

>> No.28685640

>>28680662
50k might be the psychological barrier like 20k the previous time.

>> No.28685780

We are going to 400k

>> No.28685798

>>28685640
it'll probably pass 50k today

>> No.28685902

>>28685468
Yeo, if I cashed out all my financial problems would be solved but I'm greedy and want to have more. And when it crashes and I'm too slow to sell I'll just neck myself.

>> No.28686175

the fact that the thread is so bearish and predicting a crash indicate that we're at the bear trap.

>> No.28686580

>>28686175
this

>> No.28686627

>>28686175
this

>> No.28686687

>>28684499
>cant read a graph
ngmi

>> No.28687120

>>28684292
Are u kidding? Go outside
There are Bitcoin and doge billboards and literally everyone I meet is talking about Elon musk and “you don’t need to only buy a whole Bitcoin, it goes out to a bunch of decimal places”

>> No.28687242

>>28682942
Haven't we had media attention for like a month? My local news station had a BTC headline with the old fart newscasters talking about this "bitcoin thing I need to buy". Even so it's really difficult to call and I'd be extremely hesitant for anyone to buy in for the first time here

>> No.28687347

>>28680551
On the BTC charts? Bear trap. Newfags just don’t know, it’s going to +100k in a month

>> No.28687363

>>28686175
I was thinking this
Mainly because of the big first sell off
I think over the next few days everything will tank a lot more and then normans will dump their money into everything

>> No.28687465

I'm a huge bearfag but we are at Enthusiasm... we're not nearly done here. First sell off was in december

>> No.28687638
File: 7 KB, 178x343, Screenshot_20210214_145144.png [View same] [iqdb] [saucenao] [google]
28687638

>>28687465
wrong, first sell off was feb/march of 2020. price tanked from 10k to 5k.

>> No.28687694
File: 513 KB, 1600x1073, 1613298119747.png [View same] [iqdb] [saucenao] [google]
28687694

>> No.28687755

>>28687638
I mean... that was the rona dump

>> No.28687807

I say right before bull trap. Bull trap is going to be stimulus passing at the end of the month

>> No.28687835
File: 2.16 MB, 1341x895, psyop.png [View same] [iqdb] [saucenao] [google]
28687835

>>28687694
WE WAZ KANGS

>> No.28687834
File: 29 KB, 933x469, Screenshot_20210214_145507.png [View same] [iqdb] [saucenao] [google]
28687834

>>28687755
Does the reason of the dump matter? From picrel I'd say we're getting to 100k before crashing back down to 15-20k

>> No.28688025

media attention

>> No.28688061

>>28680551

delusion. tokens like RBC, ASKO, BAO mooning to 100 mil mcap. they have no chance of competing with existing products and people are actually "investing" six figures into these shitcoins.

>> No.28688514 [DELETED] 

>>28680551
Denial, unironically.

>> No.28688576

>>28680551
Went through first sell off. Institutional investors stage just beginning to mature - see Tesla, JP Morgan etc.

>> No.28688814

>>28685640
Or 50k might be the same barrier that 10k was, so none at all, you know?

>> No.28688938

>>28685640
>this is what tourists actually believe

>> No.28689035

>>28680662
look at the 2nd last monthly candle. if it wasnt for elon's btc shilling, then there'es a good chance we'd be in the red.

>> No.28689097

>>28684353
"We're all going to be rich!"

>> No.28689132

>>28680551

A few years before stealth phase

>> No.28689142

>>28683096
i want to believe

>> No.28689155

>>28683165
fucking this

>> No.28689157

>>28682611

>> No.28689313

>>28685640
i also think the same, the long term bull run might not end, but we most likely will have a short/mid term pull back and test lower resistance levels before smashing 50k.

>> No.28689340
File: 24 KB, 600x418, fredgraph.png [View same] [iqdb] [saucenao] [google]
28689340

>>28681279

this. the dollar is the bubble.

>> No.28689437
File: 3.35 MB, 2793x3965, IMG_20210214_095612555~2.jpg [View same] [iqdb] [saucenao] [google]
28689437

>>28680551
pic related is a local newspaper from my area.... December 2017 they had a 3 page Story about Bitcoin. This Time it's not even one page..... We have plenty of time.

>> No.28689439
File: 3.20 MB, 2951x9999, 1611702464125.jpg [View same] [iqdb] [saucenao] [google]
28689439

>>28680551

On a scale of 0 to retard, you are on retard beyond down syndrome.

>> No.28689474

>>28687694
This KEK

>> No.28689523

>>28680551
Between take off and first sell of.

>> No.28689743

>>28683165
please. all i need is a 3-5x.

>> No.28689949

>>28686175
this
also back in 2017 elon didn’t purchase 1.5b of buttcorn to dump on us

>> No.28689977

>>28687834
>Does the reason of the dump matter?

Yes because we are in a situation of totalitarian rights-loss like never before, idiot.

>> No.28690198

Delusion. I can argument why too, we're getting normies and celebs starting to get in and shill, plus the most important thing I have to say is that we're close to hitting euphoria on the NUPL on-chain indicator, and in all of bitcoin's history every time we hit euphoria the bull market ended. We're at like 0.72 and euphoria is at like 0.75, I reckon if we go to 52k without a correction to reset the indicator the run is unfortunately over.

PS: not meme lines, but on-chain indicators that count net unrealized profits, saying this before some retards start sperging out

>> No.28690995

>>28689949
why do people think elon just bought a week ago? He bought a while back.

>> No.28691028

>>28689949
differences between 2017 and 2021:
2017:
China banned ICO in Sep 2017
Bcash shit show
ICO boom
Most poorfags are still not completely priced out

2021:
Rona brrrrrrrrrrr
Elon and institutions bought their bags to dump on us
Defi boom since last year
1 buttcorn ≈ $50K already

>> No.28691522

>>28689977
Wrong. The reason does not matter, nigger. It's all about market sentiment. Do you think normalfags even know what you're talking about? all they say is the news and the charts.

>> No.28691596
File: 25 KB, 655x650, 1464381209237.png [View same] [iqdb] [saucenao] [google]
28691596

>>28683096
mmmmmm that hopium taste good

>> No.28691624

>>28685291
too early my friend, i've been watching you. I know it's you from how you write, and there's not much of us here. Godspeed.

>> No.28692001

>>28685097
only x2.5 from previous ath. this is what you should be watching newfriend.

>> No.28692070
File: 496 KB, 1600x1073, memechart.png [View same] [iqdb] [saucenao] [google]
28692070

>>28680551

>> No.28692513

>>28683165
>We simply were happy for crypto to be mentioned on tv back in 2017/2018
i specifically remember seeing btc on the news for the first time, it was incredible
they're talking about bitcoin now like its real, they are starting to believe its fucking REAL
>this is where the public will learn what ETH and LINK
it's honeslty going to be horrifying to see normal people shilling things like on biz
imagine going to your friends facebook/twitter/instagram and seeing #rubic or something
no, no not like now
i mean like EVERYONE has their choice of "wagmi"
it's so odd because i eat sleep and breathe this shit and i feel like i'm already too late even though ive been in it for 5 years

NO ONE KNOWS ABOUT BITCOIN STILL

>> No.28692514

>>28692001
that's some /x/ tier numerology bro. it doesn't mean shit. anyone looking at the chart can see it is ten times more expensive than it was less than a year ago. that is the psychologically determining factor right now.

>> No.28692782

>>28680551
PUBLIC

>> No.28692934

I'm conflicted frens, I think we got too fast at 50k (I would have expected us to reach that by March-April) but at the same time the stock to flow ratio is nowhere near target and news are overall bullish (institutionals are in or entering, many products are ready for use).

>> No.28693040

>>28690995
this. he only announced when the double top was filling in

>> No.28693170

>>28680551
During the Elon pump there was almost zero mainstream coverage. The mainstream don't have a clue still. It's all being suppressed.
Remember when everyone with a brain was talking about the possibility of a worldwide pandemic. The normies were wandering around blissfully ignorant for another two months before it was declared official. Then all the panic buying started, then people started taking it serious. Until btc hits 100k, I think the mainstream will be unaware.

>> No.28693195

>>28692934
>(institutionals are in or entering, many products are ready for use)
just distractions. even if you are just hearing about it now, those institutions probably got in six months ago. and the retarded shit like mastercard is completely irrelevant for something people predominantly use as a store of value.

>> No.28693337

>>28684292
i have 60 year old men telling me about "doggie coin" at work. i work in a machine shop

>> No.28693413

>>28693337

we're at the top, but still this is a lie.

>> No.28693425
File: 46 KB, 748x331, btc.png [View same] [iqdb] [saucenao] [google]
28693425

this is what will happen

>> No.28693456

>>28680551
Denial

>> No.28693990

>>28692514
>anyone looking at the chart
>psychologically determining factor right now
no, normalfags don't look at the charts, they just hear it on mainstream source that its at ath (or local low just after ath). and last time they were memed into bitcoin was at ath too. pretty much every single one of them didn't even knew that btc was at ~5k in march.

as long as we don't see plebs taking loans with their house as collateral to buy btc we're fine. just look at reddit with gme to see how people were sperging out near the top by pushing their families and friend to buy in. same in 2017. right now most of people are at the "huh? its still alive?" state when hearing about btc.

biz is also devoid of green wojak and is in the general low energy rn.

>>28693337
doge? simply the current meme by elon musk.

>> No.28694033

>>28693413
i swear to you it is not

>> No.28694073

>>28693990
The mainstream sources constantly say stuff like "Bitcoin that was just at 5k a year ago is not at 50k!"

>> No.28694202

We just hit media attention, strap in lads

>> No.28694416

>>28680551
Despair.
As every day.

>> No.28694470

>>28685640
>20k psychological barrier
lolwut? It always goes much higher than anybody reasonably expects; I dont think anybody thought it was going past 5k in 2017. 10k was amazing. 20k was insane

>> No.28694600

>>28684440
It's a new paradigm, and everybody who doesn't buy, now, will be priced out forever. Anybody who does buy will be rewarded with a lifetime of riches, as their bitcoin will continue its 30% monthly price increase.

Nocoiners, and anybody born in a future generation, will not be able to afford a $10,000,000 satoshi in 15 years. They will live in tent cities, and Hondas.

This asset bubble is different than all of the others - it will never slow down, or pop. The gains are permanent.

>> No.28694611

>>28694202
this. stonks have not met inflation yet. We have a way to go, especially with crypto now being acknowledged.

>> No.28694670

holy cow some of you are retards, only Tesla and Microstratefy have come out and said they have bought BTC. The institutional investors and hedge funds are buying up but haven't announced it yet as they want to keep it quiet.

>Morgan Stanley
https://www.bloomberg.com/news/articles/2021-02-13/morgan-stanley-may-bet-on-bitcoin-in-150-billion-investment-arm
>Deutsche Bank
https://www.bloomberg.com/news/articles/2021-02-13/morgan-stanley-may-bet-on-bitcoin-in-150-billion-investment-arm
>BNY Mellon and Mastercard
https://www.forbes.com/sites/haileylennon/2021/02/12/bitcoin-welcomes-tesla-mastercard-bny-mellon-venmo-to-the-cryptocurrency-party/

>> No.28694706

>>28694073
huh, not on mine tho ( russia, not the best country for that I know) they just say every other day "btc reached a new high at X" and that's all.
still I hold what I said, as long as you don't see shit like
>medias actively shilling with tutorials on how to buy crypto on tv
>"X waiting room" threads being updated with an higher value before being archived
>twitter (as well as other social medias) going apeshit
>normalfags and niggers taking big loans to buy crypto
>people you know installing blockfolio
then we're ok and have room to grow.

>> No.28694773

>>28694520 gave you faggots an explanation why BTC and crypto is due to a correction, don't ignore the information and don't get rekt

>> No.28694787

>>28694670
>Deutsche Bank
https://www.coindesk.com/deutsche-bank-crypto-custody-prime-brokerage

>> No.28694820

>>28694470
This. We're not even close to the insane euphoria of 2017.

>> No.28694962

>>28689035
This. BTC was barely moving and probably about to drop. Elon fucking saved the bullrun, but at some point even that can't hold the line.

>> No.28695113

>>28687638
Nah, that doesn't fit with "awareness phase". It also didn't get any extraordinary media attention right after.

>> No.28695179

>>28693170
>zero mainstream coverage.
bruh everyone knows about this shit including my parents, what rock do you live under?

im from europe

>> No.28695217

The most obvious top of previous cycle are normies talking about shit coins like TRX, XVG, and CRIPPLE. Unless the media are constantly talking about Ethereum/DeFi/LINK this run and shilling shitty food coins I don’t think we are at the media attention phase yet.

>> No.28695240

>>28694962
But it's now testing another ATH. If it were about to drop a week ago, it wouldn't have merely dropped down a bit to now rally again, it would have continued to drop. Instead we now see it rising to new heights.

>> No.28695259

>>28694706
>>medias actively shilling with tutorials on how to buy crypto on tv
kek, there was literally a thread last week about CNBC teaching people how to buy ripple

>> No.28695312
File: 13 KB, 742x131, 41.png [View same] [iqdb] [saucenao] [google]
28695312

>>28680551
INSTITUTIONAL INVESTORS

>> No.28695387

and oh yeah, remember the fucking deep brain chain?

>> No.28695444
File: 128 KB, 1280x720, maxresdefault.jpg [View same] [iqdb] [saucenao] [google]
28695444

>>28695259
you mean pic rel? that was from 3 years ago

>> No.28695539

>>28691624
you are watching me? i feel special now. I will give you pro tips if you flatter my ego. I don't know how you track someone on this bord since my ip is constantly changing

>> No.28695635

>>28695312
i'm sure these neets know more about BTC than institutional investors who do this for a living

>> No.28695741

>>28694600
is this irony? If not, last phase of the bubble confirmed

>> No.28695823

>>28694706
average people will not invest more in btc than they invest in other assets. Most people are poor anyway and only have a house or a car if they are lucky

>> No.28695936

>>28687834
Yes because black swan event fagget

>> No.28695945

>>28695259
you fucking n*wfag holy fuck go back

>> No.28696156
File: 42 KB, 680x780, 1613251543812.jpg [View same] [iqdb] [saucenao] [google]
28696156

>>28680551
The end of return to normal. This bull run was artificially kept alive by Elon.

>> No.28696168

Beginning of the stealth phase