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

/biz/ - Business & Finance


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50056611 No.50056611 [Reply] [Original]

Embarrassingly biased now.

> Every video he now pretends he never said we were nearer the end of the downtrend the start for the first half of this year.

> He now only refers to the actual price peak as the start of the bear market in order to make it seem like we can go much longer when before he was adamant May 2021 was the peak.

> Insists BTC dominance will go to 60%, then when it doesn't go that way copes that stablecoins don't count.

He's actually convincing me the bottom is near because this is pure bear euphoria.

>> No.50056648

>Insists BTC dominance will go to 60%, then when it doesn't go that way copes that stablecoins don't count.

Then he played himself because BTC.D peaked at 57-58% excluding stablecoins, Higher than nov-dec 2018 bottom. He forgot that every BTC.D peak also happened during BTC bullrun not macro downtrend

>> No.50056709

Don't care. tl;dr. Still paying for his services.

>> No.50056712

>>50056611
Primed for a June rally.

>> No.50056717

>>50056611
>>50056648
two retarded takes

>> No.50056745

>>50056648
On twitter he's also become a ragingly disingenuous fag. If someone points out past metrics he says it doesn't count because the macroeconomic context is different. But when people point out crypto has a lot more adoption and utility he says he's only presenting the data.

Honestly I used to follow him and the bear market may continue forever but it won't be related to any insight of his, he's just become a hyper emotional bear.

>> No.50056750

>>50056648
Does anyone have a btc.d that excludes them btw? It is kinda retarded to include them, because more retards who sell to shicoins for fiat: they do it to hold fiat so the market sentiment is not represented well if they include them.

>> No.50056765

>>50056709
Nice bro, which day did you manage to catch the sale on?

>> No.50056791

>>50056611
He's being wrong about everything for the last 8 months

>> No.50056794

>>50056611
are you new?
this isnt bear euphoria this is jew euphoria
>be jew
>make youtube videos
>make goyim pay $100 a month for "exclusive rambling"
>look goyim i get no ad revenue stream
>make almost 1m a month
>it could go up or down or sideways, look what i said in 2019 that backs up whats happening now
>literally says everything
>the BTC market cycle is *NOT* over

gotta respect the hustle, he is the 1% only because 99% of people are fucking retards.

>> No.50056796

>>50056750
Stablecoins have always been around but moreover people use them for all sorts of blockchain/defi purposes. Not including them is obviously bad faith and not representative of crypto.

>> No.50056828

>>50056794
He's typically been bear inclined even during uptrends but it's just annoyingly stupid commentary now. Favourably he's over emotional and desperate as he's sitting on cash and greedy to get in ultra low.

Unfavourably he knows that shit bearish predictions get forgotten in bull market hype so he's hedging bets that he can be remembered for getting it right if it collapses, or bad calls otherwise forgotten.

>> No.50056833

>>50056611
just always do the opposite of what he says

>> No.50056856

>>50056796
That's retarded. Fiat is purely centralized and government controlled - assuming they are not ponzis (and in practice most of them don't collapse daily).

I want a metric to see the decentralized assets that are not just pegs to a government's central bank.

>> No.50056865
File: 189 KB, 1000x1000, cowenACK.png [View same] [iqdb] [saucenao] [google]
50056865

>>50056712
delete thACK

>> No.50056871

>>50056750
BTC/(TOTAL-USDC-USDT-BUSD_MARKETCAP)*100 on tradingview

Only the 3 biggest stables

>>50056796
bad take considering stablecoins weren't a thing pre 2020, BTC.D including stablecoins have corrupted history due to stablecoins dominance climbing up significantly over the years

>> No.50056904

>>50056871
>-USDC-USDT-BUSD
are you sure that covers most of it?
I want a metric not contaminated at all by it
fiat is fiat and unless the "stablecoin" is a ponzi that will collapse against the fiat: I don't want it contaminating the metric at all.

by the way: that forgets all the "stable"coins for EUR and other fiat.

>> No.50056919

>>50056871
> bad take considering stablecoins weren't a thing pre 2020
utter spastic

>>50056856
ok you may have a issue with fiat, nice. Let's talk about crypto though of which whether something is reliable or morally pleasing to you isn't a criteria. Half of the top 20 projects are some variety of shitcoin. Beyond that stablecoins are perfectly fine and used throughout defi. I hold a lot for yield, as collateral in loans, even some occasionally for airdrop chasing shit.

>> No.50056924

>>50056871
Of course stables were around before 2020, wtf

also you have to include DAI

>> No.50056937 [DELETED] 

>>50056919
>whether something is reliable or morally pleasing to you
shut the fuck up you retarded piss of shit, this has nothing to do with morality or personal beliefs
fiat is centralized purely government controlled and nobody told you that's bad or good you retarded fuck.

>> No.50056954 [DELETED] 

>>50056919
>whether something is reliable or morally pleasing to you
shut the fuck up you retarded piece of shit, this has nothing to do with morality or personal beliefs
fiat is centralized and purely government controlled and nobody told you that's bad or good you retarded fuck.

>> No.50056964

>>50056611
Cheds is the only crypto person I bother to listen to

>> No.50056970

>>50056611
Ben has always been a contrarian indicator. I stopped watching his videos a long time ago though because it's much more efficient to just bask in "Bitcoin is going to zero" and "my friend suicided because he lost everything" sentiment. Bottoms in with 90% certainty.

>> No.50056981

>>50056937
Certainly seems like it is when you want to exclude blockchain assets because they're pegged to "centralized purely government controlled" ponzis.

>> No.50057009

>>50056964
He's a smart dude but is a trader at heart. Doesn't want to look for reversals which I understand. But all the pieces are lining up

>> No.50057033 [DELETED] 

>>50056981
you retarded fuck, I'm doing you a charity here.
being government controlled and purely centralized it makes it an entirely different financial asset

if you weren't a child you'd understand that being "electronic crypto" is not an asset class

ALL assets are electronically traded now you retarded fucking asshole.

>> No.50057156

>>50056611
Yeah spent months defending “longer cycle” theory all the way down… and suddenly… like it never happened…

>> No.50057161

>>50056828
you've figured him out, now you've reached the "i know nothing" stage of dunning kruger and can start re-building, if you've made it this far you might money in the long term.
i personally shift between
>btcrichlist
>biz
>davethewave twitter
>fear/greed index
>ben cowen
>cryptocrew university
>btc rainbow chart
>glassnode
>sbf twitter
>uncomplication youtube
>btcrainbow chart
>wef twitter
and mainly just the overall narrative, if you fell for covid fear and bought into the hysteria of a common cold, its going to be hard for you to understand narrative shift.
pay attention to the comments and sentiment of the comments below the videos and charts posted always. i lurk 99% of the time and hardly post
i personally believe from 2021 we have seen
>whyckoff distribution (01/21-05/21)
>mark down
>whyckoff accumulation (05/21-07/21)
>mark up
>whyckoff distrubution (08/21-01/22)
>mark down
>whyckoff re-distribution (01/22-05/22)
>mark down
and now we are in the final and longest accumulation phase before the next bullrun, i believe the range can be as low as 13k and as high as 40k for the next 18 months.
all speculation of course but atleast i'm not hanging onto every word some grifter jew says.
goodluck.

>> No.50057162
File: 328 KB, 1545x869, 578346712.png [View same] [iqdb] [saucenao] [google]
50057162

>> No.50057290

>>50057156
>in 2020
>BTC won't go over 20k until 2022
>in July 2021
>there won't be a new ATH this year
>at 69k
>100k this year
>at 30k
>dude lenthening cycles, 100k next year
>at 20k
>dump will continue for years

>> No.50057335

>>50056611
He also hyped how Bitcoin had never gone below the price where it held his 'bull market support band'. Then it crashed to 20k and he became suspiciously silent.

>> No.50057423

>>50057290
This. (((Cowen))) is the type of dude that sounds smart to stupid people.

>> No.50057447

>>50056611
nigga look like Sheldon Cooper

>> No.50057471

>>50056709
you actually give him money? is it actually that useful?

>> No.50057515

This is what happens when you give yourself an online identity. They all fall.

>> No.50057542

>>50056924
Stablecoins dominance was much lower

>> No.50057552

stop listening to this faggot and see >>50057432 for an actually good macro analysis

>> No.50057939

>>50056611
his whole thing was lengthebing cycle and he says now that its bullshit. what more do you want from this guy, he literally says in every video he has no idea whats going to happen, just what could happen and not to make his mistakes. if you just dont like his videos there is an easy remedy for that even a button you can press...

>> No.50058082
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50058082

>>50056611

>> No.50058330
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50058330

>>50056709
>Still paying for his services.

>> No.50058680

>>50057423
This, he and Charles Hoskinson have perfected the grifting hustle to extract as much money as possible from le intellectuals