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/biz/ - Business & Finance


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51509147 No.51509147 [Reply] [Original]

>what we thought would happen:
Sustained demand from adoption leading to price increases in exponent.
>what we got:
NASDAQ x3 leverage

Fucking gay. We should be pumping or at least stable with inflation sky high, and we would be if institutional investors were not so involved imo.
Now instead just because interest rates are rising, or even the idea of them rising causes BTC to plummet as its price action is now controlled by institutional investors who make up the volume. If they decide its a NASDAQ x3 then it is and BTC is now basically a more volatile stock as that is what institutional investors treat it as.

I firmly believe had this happened 5 years ago we would be either mooning sustained till inflation stopped, or at least steadily crabbing.

>> No.51509203

>>51509147
Yes but also because the Inflatioin started when people sold because of muh 4 year cycle

>> No.51509212

you had almost 2 full fucking years to sell btc at 6x. If you're still in then you are an almighty fucking retarded dipshit fucking stupid idiot and deserve > 0 losses, possibly even death

>> No.51509223

btc price is still 1k, only inflation makes you think it's 20k.

>> No.51509240

>>51509212
>still in then
How about rebought you dimwit?

>> No.51509285

>>51509147
BTC is a massively leveraged speculative asset, not a commodity.

>> No.51509430

>>51509147
Institutions are were all the money is dumbass. Your shit can't moon forever on the backs of retail cattle.

>> No.51509440

>>51509240
yes nayib, lambo any second

>> No.51509492

>>51509240
>he bought back in
HAHAHAHAHAHAHAHAHAHAHAHAHHAHAAHAHHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHHAHAAHAHHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHHAHAAHAHHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHHAHAAHAHHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHHAHAAHAHHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHHAHAAHAHHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHHAHAAHAHHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHHAHAAHAHHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHHAHAAHAHHAHAHAHAHAHAHAHAHAHAHAHAHAHA

WHAT A FUCKING FAILURE !

>> No.51509519

>>51509492
Nigger

>> No.51509533

>>51509519
>t. coping, seething, and dilating bagholder

>> No.51509712

>>51509533
Not a baggie, you’re a nigger tho

>> No.51509801

>>51509147
>wants adoption
>literal soccer moms dump their bags on him
>still hodling
this is just sad

>> No.51509828

>>51509519
>it‘s a hedge against inflation
>dumps 70% against a depreciating dollar
keep hedging, baggie

>> No.51509845

>>51509147
I dont care
I will never sell my bitcoin, and I will keep accumulating.

>> No.51509865

>>51509147
Requires Chainlink for any institutional adoption. Other than that, it’s a glorified wire transfer mechanism.

>> No.51509938

>>51509828
I’m not a baggie map, he was screaming like a nigger. Overemotional nigger girl. Sand in your pussy?

>> No.51509955

>>51509938
>sand in pussy
oh you're not allowed on here if you're under 18 man better get off here before mommy and daddy find out

>> No.51509971

>>51509938
>t. accumulating
HAHAHAHAHAHAHAHAHAHAHAHAHHAHAAHAHHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHHAHAAHAHHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHHAHAAHAHHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHHAHAAHAHHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHHAHAAHAHHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHHAHAAHAHHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHHAHAAHAHHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHHAHAAHAHHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHHAHAAHAHHAHAHAHAHAHAHAHAHAHAHAHAHAHA

WHAT A FUCKING FAILURE !

>> No.51509978

>>51509971
Nigger
>>51509955
You got some blood also

Keep the emotions in check.

>> No.51509999

>>51509978
>t. accumulating at the top
HAHAHAHAHAHAHAHAHAHAHAHAHHAHAAHAHHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHHAHAAHAHHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHHAHAAHAHHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHHAHAAHAHHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHHAHAAHAHHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHHAHAAHAHHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHHAHAAHAHHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHHAHAAHAHHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHHAHAAHAHHAHAHAHAHAHAHAHAHAHAHAHAHAHA

WHAT A FUCKING FAILURE !

>> No.51510006

>>51509999
it‘s over

>> No.51510035

>>51509999
I’ve never bought a crypto at the top 60 IQ NIGGERNIGGERNIGGERNIGGERNIGGER

>> No.51510045

In the US, 'institutional' investors are just an extension of the USD status quo. They could never afford real price discovery that goes against the narrative of 'nothing to see here' and so its price will be kept artificially low and volatility will be used to scare away adoption. It's best to keep saying 1 bitcoin = 1 bitcoin. The USD is dying. Elsewhere bitcoin is viewed completely different. Bitcoin will survive the USD. So enjoy this ride down, accumulate towards 10K or less. Once the USD or its digital successor stops being a reserve currency for the world, the true value will be shown. Incidentally, the same can be said with even more certainty because its established about gold.

>> No.51510086

>>51509147
Boomercoin makes the newfags seeth so hard. They still cant handle the fact that this garbage leads the market. "But my shitcoin with 2 users have so much potential! It will flip bitcoin!". The same newfags who cant even follow the most simple rules of trading, buy the hype sell the news, who are now stuck not even bag holding eth, their funds are locked for an indefinite future.

People have kept screaming the same thing for years.

Keep the majority of your portfolio in boomercoin, the rest in blue chip, and a few percentages you can gamble with. Always buy the hype and sell the news. Don't get psyopd in to /biz/ latest pnd garbage.

Do you want to be right or do you want to make money?

>> No.51510110
File: 24 KB, 657x527, 1521058187719.png [View same] [iqdb] [saucenao] [google]
51510110

>>51509240
>rebought
please tell us you aren't serious anon...

>> No.51510158

>>51509147
>>51509203
It's leverage. The problem is leverage.

Of course institutional investors make it all worse because they're overleveraged out the ass. The entire fucking economy is overleveraged with money and assets that don't even exist. It's a gigantic ponzi, a game of musical chairs.

Satoshi was right when he concluded that the economic system is rotten to the core by unscrupulous actors. He was wrong by thinking that a new kind of money could solve the issue because synthetic assets and leverage are not a function of money but a gigantic cancer that wraps itself around money and feeds off of it. That's how BTC ended up with futures and companies taking millions of dollars in loans to "invest" in what essentially was supposed to be nothing but a coin. Now they have to sell everything to cover their loans.

>> No.51510167

>>51510035
>t. coping noises
keep your emotions in check, bagholder

>> No.51510187

>>51510158
the problem is being a useless shittercoin

>> No.51510203

>>51510158
the problem is they bought with leverage at the top, just like >>51510035 this fucking retard

>> No.51510233

>>51510167
>>51510203
Sounds like these stupid niggers didn’t buy at the bottom NIGGERNIGGERNIGGERNIGGERNIGGER NIGGERNIGGERNIGGERNIGGERNIGGER NIGGERNIGGERNIGGERNIGGERNIGGERS

>> No.51510243

>>51510233
bottom is when you stop being smug, so probably at around 5k

>> No.51510259

>>51510233
>bottom
HAHAHAHAHAHAHAHAHAHAHAHAHHAHAAHAHHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHHAHAAHAHHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHHAHAAHAHHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHHAHAAHAHHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHHAHAAHAHHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHHAHAAHAHHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHHAHAAHAHHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHHAHAAHAHHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHHAHAAHAHHAHAHAHAHAHAHAHAHAHAHAHAHAHA

YOU CAN't MAKE THIS SHIT UP !

>> No.51510261

>>51510243
Yeah I bought all my crypto at around that BTC price mister cope. Not that much since I’m still young, but i already sold for profit and any crypto I have rn is just moonboy material. You being a nigger can’t comprehend this.

>> No.51510269

>>51510259
Yes I bought btc around 5k nigger lmaoooo

>> No.51510310

>>51510261
>t. still holding mypsace excel sheets
you are too young to understand real market cycles then, your magic internet money meme is over

>> No.51510311

>>51509533
I'm a baggie, you're a nigger.

>> No.51510334

>>51510310
Don’t care made pure profit

>> No.51510339

>>51510243
>so probably at around 5k
As a poor fag with nothing to lose.
Dump it to 4k so I can buy more.

>> No.51510414

>>51510334
>see how I made some spare change in a bullmarket??!
you could have made much more by not being a smug retard who tries to convince himself it gongo up since 60k

>> No.51510425

>>51510311
>t. fag

>> No.51510444

>>51510310
Ok boomer

>> No.51510465

>>51510444
>t. bought at ATH
you don‘t understand that some things just end sometimes because they have proven to be useless and a burden to society

>> No.51510517

>>51510465
I actually use bitcoin to buy things retard. Even gold can't do that. Not everyone uses these things souly as a money making scam.

>> No.51510529

>>51510517
>t. coping and seething baggie

>> No.51510555

>>51510529
>Everyone I dislike is just a XYZ reeeee

Smooth brain.

>> No.51510557

>>51510517
you could have bought way more dildoes and buttplugs for you and your bf if you just held cash instead of this shitcoin, aproximately 6x more lol. Failures in full swing in this thread. Cope seethe and sneed

>> No.51510619

>>51510414
Sounds like you made nothing nigger

>> No.51510650

>>51510557
I can't buy JMP service with cash retard. Crypto actually has uses.

>> No.51510962

>>51510650
>see how I used 1kw of energy to pay my hooker 3 hours later for the small fee equivalent of a used nintendo switch
>why don‘t you understand the efficacy smooth brain?!
ngmi

>> No.51510998

>>51509285
yes, and listing as a commodity will allow SEC regs to end leverage and derivative layers, effectively making the only way to get exposure actually purchasing real bitcoin. this is going to happen within the next 2 years.

>> No.51511781

>>51510962
>He buys internet shitcoins to buy hookers
HAHAHAHAHAHAHAHAHAHAHAHHAHAHAHAHAAHHAHAHAHAHAHAHAHAHAHAHAHAHHAHAHAHAHAHAHAHAHAHAHAHAHHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAH
>imagine paying the price of one hooker in fees and killing 200 trees just because u are such a pussy you can't get hookers/chicks in person
HAHAHAHAHAHAHAHAHAHAHAHHAHAHAHAHAAHHAHAHAHAHAHAHAHAHAHAHAHAHHAHAHAHAHAHAHAHAHAHAHAHAHHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAH
HOLY FUCK BAGGIES ARE THE BEST ENTERTAINMENT ~!

>> No.51512763

>>51509147
no mass adoption just a tool for instituional investors to ride the hype and dump on bagholding retards like /biz/. check the march 2020 low for crypto. protip it will go lower. bye now eternal hopium NIGGERS

>> No.51513299
File: 276 KB, 960x490, 1651004120272.png [View same] [iqdb] [saucenao] [google]
51513299

>>51509147
What actual oldfags wanted was separation between money and state, BTC failed at that as soon as the project was hijacked by people who traded it as a FOREX pair.
The original BTC dream is being realized more by XMR than BTC itself.

>> No.51513375

>>51513299

Lightning Network in Bitcoin is also untraceable like Monero, and more cash-like.

There is an outstanding unclaimed bounty by IRS on both Lightning Network and Monero.

>> No.51513601

>>51513299
>XMR
piece of shit pedo coin. The real original plan by Satoshi is being realized by BCH. No other coin comes close to being used as extensively