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/biz/ - Business & Finance

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File: 107 KB, 2409x1069, Bubble.png [View same] [iqdb] [saucenao] [google]
28974174 No.28974174 [Reply] [Original]

How the fuck is this not a bubble?

>> No.28974244

it is. just sell before it get shit on.
And that's at 250k

>> No.28974280

what a shitty ass volume compared to 2017-2018

>> No.28974292

>>28974174
this is the new normal Nick

>> No.28974307

>>28974244
checked. 250k here we come

>> No.28974337

>>28974280
Yeah, we’re still in the stealth phase

>> No.28974338
File: 71 KB, 700x450, 1613489167124.png [View same] [iqdb] [saucenao] [google]
28974338

>>28974174

>> No.28974343

>>28974174
It is, it’s just going to be a lot bigger than you think it’s going to be

>> No.28974363

GO TO THE LOG CHART.

Fucking retard.

>> No.28974380

>>28974174
>OMG BIG NUMBER LINE GO UP FART IN MY FACE
Once again not using log chart nor heikin-ashii. Kill yourself OP

>> No.28974389

>>28974174
iykyk

>> No.28974409

>>28974174
it's not a bubble, it's a new paradigm

>> No.28974417

>>28974174
look at log scale
>>28974244
this or thereabouts. if i had a big stack of btc I would be unloading a little bit. with my alts i have certain metrics i'm looking for before letting them go

>> No.28974486

>>28974174
who says it's not? it will crash, then you can accumulate and wait 4 years

>> No.28974501
File: 277 KB, 2560x1297, amazon.png [View same] [iqdb] [saucenao] [google]
28974501

how the fuck is this not a bubble?

>> No.28974505

It is

>> No.28974517

>>28974337
kek

>> No.28974550

>>28974174
Yes, but in exponential growth most of the profit is at the very last. It is musical chairs with exponential growth and right now the music is playing.

>> No.28974557

>>28974174
>not using log chart
ngmi

>> No.28974599

>>28974244
More like 500k lol (eoy)

>> No.28974619
File: 3.89 MB, 200x200, 0559786E-0606-4A9B-901A-775ED9808D36.gif [View same] [iqdb] [saucenao] [google]
28974619

Another day, another Reddit tourist posting zoomed in linear price charts and calling the top.
I hate this board.

>> No.28974622

>>28974174
excellent question faggot.

so BTC is a bubble, you called it, youre so smart, you should get out before it crashes. So you sell.

Cool you sell you sold your 1 btc for 50k. What are you going to buy with that money?

Real Estate??? thats a bubble
Stonks??? thats a bubble
Gold??? took forever to surpass its last ATH, looking bearish.
Silver??? maybe seems interesting right now but remember this is the shitcoin to gold.
Fiat??? we lost half our purchasing power the last 5 years, increasing dramatically since covid.
where you going to put it genius?

>> No.28974688

>>28974174
zoom in
looks pretty normal

>> No.28974739

>>28974338
exactly start paying attention mid august

>> No.28974805

>>28974337
based and disruptive

>> No.28974847
File: 7 KB, 172x292, 463.jpg [View same] [iqdb] [saucenao] [google]
28974847

bottoming out at 52k

>> No.28974953
File: 383 KB, 800x600, 1613368473316.jpg [View same] [iqdb] [saucenao] [google]
28974953

>>28974174
Bitcoin is invincible! I just bought another full Bitcoin for shits and giggles!!!!!

>> No.28975011
File: 103 KB, 1684x878, Screenshot 2021-02-18 at 01.11.03.png [View same] [iqdb] [saucenao] [google]
28975011

because usd goes BRRRRRR. invert your chart and you'll see USD dropping hard, that makes more sense.

see lumber price chart:

>> No.28975052

>>28974174
It is.

>> No.28975214

>>28975011
https://markets.businessinsider.com/commodities/lumber-price

so lumber was $460 in feb 2020 and now it's at $920. basically it did a x2. BTC was $10k in 2020, if it hadn't grown at all by itself, it would have been at $20k now (since USD dropped x2 basically). BTC is actually at $50k, meaning it grew x2.5 by itself.

>> No.28975399
File: 32 KB, 457x575, 1598043494001.jpg [View same] [iqdb] [saucenao] [google]
28975399

>>28975214
>meaning it grew x2.5 by itself
it's become sentient

>> No.28975529

>>28974417
i would be very interested to hear which metrics you are going to look at for your alts anon

>> No.28975578
File: 310 KB, 1242x2688, FA52ED2A-7013-43EB-A483-2C4B7A6F07D0.png [View same] [iqdb] [saucenao] [google]
28975578

>>28974174
>how the fuck is this not a bubble?

>> No.28975679

inflation inbound...

Large corps are probably hedging themselves from inflation by purchasing bitcoin/eth

>> No.28975759

It's only Mania when the shift in paradigm doesn't actually happen.

Do you think that the USD is going to start pumping in value? Do you think that trust in D.C. and Wall Street is going to go up?

>> No.28975820

>>28974501
>how the fuck is this not a bubble?
Because main street is being murdered by the government at the behest of Amazon.

>> No.28975877

>>28975578
ironic cause Tesla is actually what a bubble is, unlike BTC

>> No.28976022

>>28974501
amazon provides a service and profited like a motherfucker because of covid how would your life be different without BTC? it's not real just a code the greatest ponzi in human history and i am fucking profiting from it humans are stupid.

>> No.28976931

>>28975578
Tesla is actually garbage.

>> No.28977118

>>28974337
fucking kek

>> No.28977571

>>28974280
Institutions start hodling.

>> No.28978138

>>28976022
Amazon is 20 times higher than book value. At least pretend to Wikipedia search things before you speak like you understand them

>> No.28978418

>>28978138
The idea is, that the company actually offers value. While btc offers nothing. Its better equivalent would be gold. But even then, atleast you can make gold rings out of it, you cant do shit with btc.

>> No.28978472

>>28974174
>linear scale
how new are you

>> No.28978581

>>28974280
there are way more exchanges now, and nobody uses the top exchanges from 2017 anymore, you must be new.

>> No.28978799
File: 13 KB, 669x239, chart (4).jpg [View same] [iqdb] [saucenao] [google]
28978799

>>28978581
pic related is USD denominated volume across all exchanges