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Why aren't you buying bitcoin? Anonymous Thu Jun 30 23:33:28 2022 No.50082942 [Reply] [Original]

You're telling me bitcoin will never reach 66k again?

This is your 2011 moment, Dont be a retard

>>	Anonymous Thu Jun 30 23:34:38 2022 No.50082958 File: 106 KB, 532x572, SouthSea.jpg [View same] [iqdb] [saucenao] [google] >>50082942 Based. Just buy the dip, Bitcoin has never fallen below the previous cycle's low.

>>	Anonymous Thu Jun 30 23:35:44 2022 No.50082969 >>50082942 Would.

>>	Anonymous Thu Jun 30 23:36:50 2022 No.50082990 >>50082942 Should I prostitute myself???

>>	Anonymous Thu Jun 30 23:38:18 2022 No.50083016 >>50082942 Three words: Dead Cat Bounce. Price is outweighing utility. BTC is over valued and has been for a long time.

>>	Anonymous Thu Jun 30 23:41:10 2022 No.50083053 I'm buying slowly. Until rates stop hiking I have no faith in any market recovery. We haven't even remotely entered capitulation and if you think we have then you weren't paying attention in 2008 and you weren't here in 2017

>>	Anonymous Thu Jun 30 23:45:38 2022 No.50083132 >>50082958 post the other half of the chart

>>	Anonymous Thu Jun 30 23:45:50 2022 No.50083134 >>50082958 >using previous market movement as pattern of future ones This is why you guys are fucking retarded. You're not investors - you're speculators. Can't wait until all shitcoin threads to die out off /biz/

>>	Anonymous Thu Jun 30 23:46:01 2022 No.50083135 >>50083053 I was there in 2008 and 2017 and you are right no where near capitulation. looks more like anxiety phase.

>>	Anonymous Thu Jun 30 23:46:46 2022 No.50083149 >>50082942 10 year bear market if we drop under 10k

Anonymous Fri Jul 1 00:04:42 2022 No.50083507

>>50083135
Yeah we definitely have a LOT lower to go. It doesn't mean we have to, fed might blink, probably get a scam wick down eventually but I just don't see any way we start to recover until rate hikes stop. BTC might recover sooner rather than later but I am getting worried about alts.

Anonymous Fri Jul 1 00:21:02 2022 No.50083787

>>50083507
Any alt with no utility is screwed. Every bitcoin clone is in the same boat as bitcoin, regardless of meme status. And coins with utility that are too expensive to use are also over-valued. If a coin is too expensive to use, then it has lost it's utility. When utility is lower than price, price should fall.

So yes: ETH, DOGE, and lots of others are also on the chopping block.

>>	Anonymous Fri Jul 1 00:23:32 2022 No.50083815 >>50083134 >Can't wait until all shitcoin threads to die out off /biz/ Being this retarded

>>	Anonymous Fri Jul 1 00:29:11 2022 No.50083889 >>50083134 Speculation is a form of investing

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