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File: 216 KB, 1010x655, the_chart.png [View same] [iqdb] [saucenao] [google]
6954789 No.6954789 [Reply] [Original]

Have you witnessed... The Chart™ ?

>> No.6954807
File: 1.01 MB, 789x608, 1516360448547.png [View same] [iqdb] [saucenao] [google]
6954807

>>6954789
Never heard of it.

>> No.6954822

Thanks just sold 100k

>> No.6954840

We are there?

>> No.6954847

>>6954840
Fear

>> No.6954849

>>6954789
looks like take off phase to me boi

>> No.6954865

Who gave this chart credibility

>> No.6954927
File: 152 KB, 800x519, Bubble-Phases-1.png [View same] [iqdb] [saucenao] [google]
6954927

friendly reminder

>> No.6954930
File: 101 KB, 600x885, B12CC42D-6E2F-47E1-88C2-1D9721950A3E.jpg [View same] [iqdb] [saucenao] [google]
6954930

Not gonna lie very few people I know understand a thing about bitcoin I think if we are anywhere we are at the media attention phase. I know several people in IT that don’t understand a thing about it. A lot of people know it by name some of those people might even know a person or two who has invested in it. It will take a few NEETs cashing out and buying fancy cars and stunting on social media and the like before we see the real FOMO of normies rushing in. I think something like 100 people own 20% of the entire crypto market. So there’s still plenty of room for normie money to flow in. Doubt we will see gains ever again like December but maybe 25-50% of that is good enough for me.

>> No.6954960
File: 98 KB, 1130x800, logascale.png [View same] [iqdb] [saucenao] [google]
6954960

Reminder to look at the log scale

>> No.6954997

>>6954960
HEALTHY CORRECTION

>> No.6955810

>>6954789
is this the dow jones right?

>> No.6956099
File: 342 KB, 1000x732, hype-cycle-2016.png [View same] [iqdb] [saucenao] [google]
6956099

Gartner (2016) expects 5-10 years till blockchain becomes mainstream.

>> No.6956218

>>6956099
>blockchain
not cryptocurrency

>> No.6956326

>>6954930
you have to remember that with these 'x people own y percent' stats, usually they are talking about wallets, and the largest wallets are rarely owned by an individual

>> No.6956548

>>6956326
That’s true but even with what you’re saying, then maybe 1000 individuals own 20-30% of the market? Those are mostly autists who got in early or drug dealers from Silk Road who made 100k bitcoin from selling like a pound of weed every other month. Plenty more room for real normie money to come in, and if it does come these whales will absolutely rape them allowing growth for more normal fags to FOMO in.

>> No.6956574
File: 245 KB, 1000x732, hype-cycle-2015.png [View same] [iqdb] [saucenao] [google]
6956574

>>6956218
Cryptocurrencies and exchanges have been mentioned in Gartner 2015.
Exchanges are close to the mainstream adoption phase where as cryptocurrencies are still in peak of inflated expectations phase.

>> No.6956680

>>6956574
Considering bitcoin shot to 20k at the end of 2017 that sure as fuck looks wrong

>> No.6956690

According to my chart we’re at the return to mean on the right after December’s run up. We’re also at a fucking phenomenal time to be buying in. We’re looking at potentially huge gains in the next run up.

>> No.6956777

>>6954865
So is everyone just gonna ignore and act like God himself made this chart

>> No.6956837

>>6956777
Yes meme charts decide everything, honestly no one has any clue what will happen this year. I’m praying to god we have another run like December.

>> No.6956882

many times a day since 2015

>> No.6956900

>>6956837
When will the bull market ever return :'(

>> No.6956917

>>6956680
This is a hype cycle not a price chart.