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/biz/ - Business & Finance

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57952743 No.57952743 [Reply] [Original]

how high will btc go before it crashes 50%? seems like it usually does that, go up then come down 50%

>> No.57952768

>>57952743
oi, faggit
at least use an up-to-date chart

>> No.57952802

>>57952743
We've never had billion dollar investment firms pumping money into bitcoin, so we might not get huge crashed anymore

>> No.57952824

This time
>this time
This time...
it's unironically, unequivocally, unilaterally different. There will never, I repeat NEVER be a 50 percentile drop on bitcoin ever EVER again. If you don't believe that, I've got something to tell you. You're wrong. The most we'll ever drop is 10%. This is generous.

It's a paradigm shift. No, really, it is. And there's no going back. The only question is, are you on board? Or are you...

Sidelined?

>> No.57952849

why would it drop 50% when boomers are just slurping it as the new gold?

>> No.57954309

>>57952849
>>57952802
boomers will dump the first time they see multiple giant red dildos in a row. then they will tell everyone at their retirement home/country club/bingo hall that bitcorn is a scam.

>> No.57954326

>>57952768
I think that is EUR

>> No.57954407

>>57952743
It's going to touch $500k around August 1st then dump back to $200 range

>> No.57954424

>>57952743
$99,999.99

>> No.57954447

>>57952824
This desu

Midwits will be left behind because they hear "new paradigm" and "this time is different" and think it's a bubble, except this is one of the few times when it IS different. Only left and right curvers will get that, midwits will be left posting on /r/buttcoin for the rest of their sad lives.

Also shitcoins / alt coins will go to zero this cycle and never recover.

>> No.57954726

>>57954447
yes. A handful of coins will remain but the vast majority will be zeroed

>> No.57954868

>>57952743
at least that's gonna me a lot of alts more valuable in the long run, like superverse token value in the gamefi ecosystem they be building. No wonder if the games there go wildy popular that will provide liquidity. It smart to diversify your portfolio

>> No.57954894
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57954894

>>57952743
If I can sell at 80k after dcaing some more im literally happy. I don't care.

>> No.57954912

>>57952824
Stop typing like a gay redditor and I'll pay more attention to what you have to say. Try again.

>>57952849
This. Much better. Thank you anon.

>> No.57954943
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57954943

>>57954309
Lmfao
The nanosecond John, 76, tells his real state buddies at his summer bingo camp for old fucks that BTC is scandalous and a negative store of value, it's unironically fucking over.

Too many people here already feel very, veeeery comfortable thinking boomers already accept btc as the new gold thinking they'll only say positive things about it and shit. Big mistake.

>> No.57954954
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57954954

>>57954868
bro new narrative is "better than gold" and "store of value" zoom zooms already hate crypto's guts to death and old people are the future of crypto, like it or not. get with the times.
>blockchain vidya gaymz!
get outta my face.

>> No.57954973

>>57952802
>>57952743
this, ETFs will stabilize the price and act as HODLers. Boomers aren't day trading with their 401K

>> No.57955054

>>57954973
But are the people who inherit their 401ks in the next 10 years going to?

>> No.57955079

>>57955054
The allocation to bitcoin will only increase over time as Boomers die off and millenials / gen Z invest in bitcoin over bonds, real estate, etc.

>> No.57955084

MSTR have 0,9% btc.
Black rock 1%
Btc dump at 40k in two month

>> No.57955092

>>57955084
70k is fud.
doubters are always right, this wont last long kek

>> No.57955112

>>57952824
>redditspacing on /biz/
not even the autist cove is safe from retarded newfags actin up like they actually know shit

>> No.57955138

>>57955084
why would these companies tank their own holdings that they've spent a fortune buying at high prices? Blackrock is pushing for an ETH ETF, they want BTC at ATH and people begging for another crypto ETF so regulators approve it

>> No.57955141

>>57954726
and what are you supposedly talking about, faggot? why are all faggots so mysterious talking mfs

>> No.57955160

>>57954954
fuck you and your narrative shit if we wanna play vg for moneys that's on our shitside

>> No.57955201

>>57954943
My mom sends me sad texts when the S&P goes down 1%. "It's down a lot today!" she'll say. One percent. Boomers will lose their mind when they see -20% in one day.

>> No.57955224

>>57954447
>Also shitcoins / alt coins will go to zero this cycle and never recover.
doubtful, degenerates will rotate their ETH and BTC earnings into other coins. Why do you think shitcoins are pumping despite the lack of retail? Most "whales" are retarded gambling addicts who will give it all back

>> No.57955292

>>57952743
In June we will hit 100k. There will be a sharp sell off at that point, maybe down to high 70's. Rebuy at that point

In October BTC will peak at between 130k and 140k. Sell and immediately buy ETH.

ETH will briefly flip BTC (by marketcap, not price) in December Sell ETH at that point and then pick up any WELL KNOWN altcoin and ride it for a 2-3x. The XP case might settle in late 2024, early 2025 If it does, ride that for an easy 5x and then SELL EVERYTHING and sit on the sidelines for 2 years or so.