[ 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: 14 KB, 225x224, 1639692572836.jpg [View same] [iqdb] [saucenao] [google]
49615352 No.49615352 [Reply] [Original]

20k waiting room HAHAHAHAHAHAHHAHAHAHAHAHAHAHAHAHAH

>> No.49615778

>>49615352
1000k eom when yen collaspe so they sell their us bond and usd collaspe

>> No.49615808

>>49615352
more like 12k bitcoin looks bad right now

>> No.49615942

>>49615352
Did you REALLY think that all of the
mid wits, newfags and normies were
going to unironically make it? Retards
HAVE to buy the top. There HAVE to
be bagholders. There HAVE to be
poorfags. The Laws of the Universe
and simple normal distributions
dictate that there HAVE to be retards who thought
they were going to make it and then suddenly have
the rug pulled from underneath them. Did you
REALLY think that all of the e-thots and influencers
on Twitter were UNIRONICALLY going to become
high rise apartment owning, Lamborghini driving, jet
setting and luxury enjoying new elite? They got their
15 minutes of fame and got to bask in the limelight for
a bit but, again, the Laws of the Universe dictate that
there can only be a few winners and that the majority
have to be losers.
I hope you're all learning a valuable lesson in FOMO,
euphoria, exuberance and delusion. I hope you like
holding those bags because you'll be holding them for
a long time

>> No.49616162
File: 816 KB, 640x636, 1645277529881.png [View same] [iqdb] [saucenao] [google]
49616162

Just wanna remind you all that AS SOON as BTC dips below 20k, it's apocalypse

Why? because 20k was BTC's pinning point at the end of 2020. Many institutions and investors accepted that bitcoin was safe above 20k, and leveraged accordingly

Once BTC drops even a dollar under 20k, a couple billion dollars will literally just stop existing in a moments notice. A LOT of stoplosses will be triggered and Liquidity will go from niagra falls to meteor that killed the dinosaurs

Tether in particular will get hard fucked, which will signal an end to the crypto market as it stands today

GET YOUR SHIT OUT OF CUSTODIAL WALLETS NOW YOU RETARDS

NO YOUR EXCHANGE IS NOT SAFE

>> No.49616192

Question is, will it break into $19k tonight?
>boomer uncle
>buys in at $11k
>rises to upper teens then falls to ~$5k
>diamond hands
>felt sorry for him
>then it started to rise eventually hits the 60s
>begrudgingly have to admit he was right to hodl
>as I saw it drop to $22k I thought at least he’s still doubled his investment
>oh well, I don’t think the old bastard’s going to sell since he let it drop to $5k
tl;dr boomer uncle probably never selling the 3 bitcoins he bought when it was $11k

>> No.49616199

>21078 right now
Any minute now. Shit's in free-fall.

>> No.49616295

>$21,053

>> No.49616407
File: 1.11 MB, 244x160, lotr-ring.gif [View same] [iqdb] [saucenao] [google]
49616407

>>49616162

>> No.49616438

>$21,000.34
Here we go

>> No.49616446

>24 hr low
>$21,001.00

>> No.49616547

>>49615352
Does Saylor get liquidated if it drops to 20k

>> No.49616588

>>49616547
no, he gets margin called

>> No.49616636

>>49616588
So he’ll have to add more margin otherwise then he will get liquidated

>> No.49616638

>$20,987

>> No.49616699

>>49615352
This can't be possible. Bobo simply can't keep winning. He'll get tired of it and it's impossible.

>> No.49617286
File: 416 KB, 1147x645, wojack vet.png [View same] [iqdb] [saucenao] [google]
49617286

It's over innit?

>> No.49617567

>>49616192
He sounds based

>> No.49617621

>>49616162
It's just fucking bitcoin.

>> No.49617666

>>49615352
bearboi, you aight

>> No.49618010

My guess it will find support at 20k, then if the Fed announces a larger than expected rate hike (schedule) it's all over.
Unless you're feeling lucky, don't be on bitcoin on wednesday. Hell, don't be in anything except dollars on wednesday unless you're feeling lucky.

>> No.49618218

>>49616407
>>49617621
and it's leveraged to the tits. Where do you think the price value comes from? Where do you think liquidity comes from sir?

I mean if your whole point of being in bitcoin is to abandon all concepts of real world value and embrace technocracy then by all means you're good, but you also probably already keep your bitcoin on hand anyway so who gives a fuck

But for the rest of us, holding onto an over-leveregd asset like this on an uninsured exchange that is doing the leveraging is a terrible idea. Get the fuck out