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File: 409 KB, 786x569, 1517758450947.png [View same] [iqdb] [saucenao] [google]
7286057 No.7286057 [Reply] [Original]

I am seriously admiring this. Beautiful. Just perfect.

>> No.7286168

I'll be honest, I fell for every stage.

>> No.7286214

>>7286168
It's incredible, isn't it? Right to the small little bumps.

>> No.7286274

>>7286057
Memechart strikes again

>> No.7286278

This chart doesn't make any sense. "A recovery is possible" is actually BTC hitting a new all time high.

>> No.7286310

>he thinks bitcoin will go 6k ever
its ok the daycare willl take of you billy

>> No.7286316

>>7286057
between denial and panic.

>> No.7286333

>>7286278
Yea, because of that flaw I guess everything doesn't make any sense.

>> No.7286344

>>7286057
It's like pottery

>> No.7286372

>>7286310
>he thinks Bitcoin will go to 10k ever
>...
>he thinks Bitcoin will go to 9k ever
>...
>he thinks Bitcoin will go to 8k ever
etc

>> No.7286387

I can't believe anybody is STILL trying to refute this.

>> No.7286403

>>7286316
Yeah, I guess panic sets in if we break the bottom of last dip at around $7.6k. Would be fun to watch.

>> No.7286414
File: 30 KB, 384x384, F68D1FBE-D7CE-4F17-BED7-3283D8D371D4.jpg [View same] [iqdb] [saucenao] [google]
7286414

Illuminati were right

>> No.7286430
File: 312 KB, 640x629, 1517559652674.jpg [View same] [iqdb] [saucenao] [google]
7286430

Fuck goys, is this the end.

>> No.7286446

>>7286057
>>7286168
>>7286214
>>7286274
>>7286278
>>7286310
>>7286316
>>7286333
>>7286316
>>7286333
>>7286344
>>7286372
>>7286387
>>7286387
>>7286403
>>7286414

>he didnt buy bitcoin at 5 zenny
>he didnt buy bitcoin at 14 gil
>he didnt buy bitcoin at 80gp

nocoiners btfo
go shit on a street

>> No.7286453

>>7286057
Lol bitcoin should be called bait coin

>> No.7286456
File: 86 KB, 1004x1024, 1506268708786.jpg [View same] [iqdb] [saucenao] [google]
7286456

>Capitulation

Never.

>> No.7286466

>>7286387
It's seriously amazing how accurate it is. I wouldn't believe it if I weren't seeing this myself.

>> No.7286494

>>7286057
Is that a superimposition of the bubble pattern with the actual trajectory of BTC over the past 6 months?

>> No.7286495

Whats the price in the anger phase so I will buy back?

>> No.7286521

>>7286495
50 to maybe 200

>> No.7286522

>>7286057
>overlooking self-similarity

>> No.7286530

>>7286494
Yes, that's exactly what it is. Isn't it fascinating?

>> No.7286555

>>7286495
Nobody knows really...could be anywhere between $1k-$6k

>> No.7286563

Just wait for the next bubble and sell the top next time

>> No.7286585

>>7286530
>not knowing that fractal behavior occurs at all time scales simultaneously

>> No.7286649

>>7286168
Me too except I cashed out half at the anxiety pump because it was too close to this meme. Just waiting for the bottom now.

>> No.7286679

>>7286446
im sorry anon, but this time, btc is ogre

>> No.7286699

>>7286057
some dont see it, tried to warn them on 21 dec aswell

>> No.7286717

someome post the image where this meme chart fits the last 10 crashes

>> No.7286726

>>7286699
https://yuki.la/biz/5300781

>> No.7286757

>>7286522
>>7286585
(You)
There you go, you can stop spamming buzzwords now.

>> No.7286801

>>7286699
>>7286726
Wow, nearly everybody responded with anger or passive-aggressiveness/sarcasm

>> No.7286892

>>7286801
they are ignorant idiots, i remember trying to convince them on a thread around 22 december for a few hours to warn them, some listened, but there are a lot of idiots out here

>> No.7286921

>>7286726
you probably could've called the "top" a few times during that runup desu

>tfw you exited BTC for ETH on dec.10 in anticipation of futures trading but BTC going down tanks the whole market anyway
just

>> No.7286938

>>7286892
I used to be a 100% Bitcoin hodler. Luckily, I tried moving my BTC at the beginning of December and my tx got stuck for ten days. That was my "oh shit" moment, and I sold it all at about 17k.

>> No.7287005
File: 16 KB, 323x330, btc.png [View same] [iqdb] [saucenao] [google]
7287005

>>7286057
YAMEROOOOOOOOOOOOOOO

>> No.7287016

>>7286801
This "chart" has been repeated like 4 or 5 times just this year. You know what followed.

>> No.7287017

>>7286921
nope i actually didnt, this was my first call and it was apparentally right. Been here since august, but have never made a call before that.
>>7286938
I was the idiot that thought the bullrun on BTC must come to a hold sometime and kept holding my alts through the huge btc bullrun. Was shitty.

>> No.7287046

>>7286057
Glad u liked my chart OP

>> No.7287064

>>7287017
yeah I'm just saying looking at the chart, you could've justifiably thought that the bubble was popping at 11k, 13k, 16k, 19k. volatility in btc is so high that any big dumpoff like that is just the order of the day

>> No.7287106
File: 53 KB, 800x319, techadoptionlifecyclemodel.png [View same] [iqdb] [saucenao] [google]
7287106

We're currently in the chasm phase after early adopters rush in and overvalue the market on a speculative basis. The chasm lasts as long as it takes for the technology to accumulate real world value.

>> No.7287144

>>7287106
yep, multi-year bear market incoming

>> No.7287149
File: 27 KB, 600x765, 53f.jpg [View same] [iqdb] [saucenao] [google]
7287149

So whats the timeline for this meme chart? When are we going back up?

>> No.7287170

>>7287149
2 years

>> No.7287173

>>7287149
in a few years when crypto starts to have real-world value: >>7287106

>> No.7287210

>>7287170
>>7287173
Crypto will never have any real world value and you know it.
So if you believe in this bullshit chart, you're fucked.

>> No.7287213

>>7286057

"why did the (((government))) allow this to happen" = "why did (((god))) allow this to happen"

>> No.7287228

>>7287016
I'm not saying it's over forever; just that this dip probably still has a way to go.

>> No.7287241

>>7287064
you could have but i didnt, i called it when i saw the smart money sell-off just before the top, where you see a flash-dip. Thats the moment when i saw the resemblance and the accuracy of it. before i didnt call it because there wasnt a lot to go on, chinafud was the beartrap but you couldnt call the top yet.

>> No.7287242

>>7287210
I agree, 2 years until some faggot like mcafee convice everybody that this going to be 1m per btc, I posted here
>>>7285851

>> No.7287247

>>7287106
>>7287144
>>7287173

What we need to remember though is that this is still the early adoption phase and following this model the crypto market would be worth exponentially more by the time we reach early majority adoption.

>> No.7287249

>>7286679
You've been saying that every day for the past six years and you have yet to be right. Maybe one day you'll eventually call it, but odds aren't looking good.

>> No.7287271

>>7287210
no, it will have real-world value. just give it a few years. the market will grow MUCH more slowly though. I expect us to hit around 200b market cap in the last leg of this panic, then sit there for a year or two before it starts going up again.

>>7287247
this, just buy the dip if you have fiat left then hodl for 3 years and sell the top next time

>> No.7287289

>>7287228
Maybe, but I don't think it will happen this week.
It really surprises me that a strong support such as 8k (said to be the bottom for months) led to a such a small recovery. Me thinks this is a double bottom and this week will be good for gains.

>> No.7287290

It won't be two years it'll take two months. Millionaires are probably salivating at a second chance to grt in.

>> No.7287297

>>7287271
deluded

>> No.7287306

>>7287064
Your denial is cute desu chan :3

>> No.7287347
File: 161 KB, 633x475, 20180204_102816.png [View same] [iqdb] [saucenao] [google]
7287347

>>7286057
I have enjoyed the entire ride. I just felt bad that I didn't actually invest during the smart money phase

>> No.7287362

>>7287271
>no, it will have real-world value.
You are deluded. The only useful bit of technology are being moved onto private blockchains. Meanwhile cryptocurrency is getting banned in every country one by one.
The only real use crypto ever had is to wash money, buy drugs and diddle kiddies, and the governments don't like that.

>> No.7287411

>>7287347
Mt. Gox wasn't the bear trap and that wasn't the smart money phase. It was still like a penny stock at the time. A startup looking for some adapters to lend it some legitimacy. It wasn't until 2017 that it made the transition from penny stock to big boy stock. You can pretty much ignore everything before that point because that's when normies started talking about Bitcoin.

>> No.7287429

>>7287347
Anon... That's coming up again soon..

>> No.7287435

>>7287362
where is it banned? moer and more countries are starting to recognize it

>> No.7287452

>>7287362
this basically

IT spergs scamed ppl of their money via ICOs, which temporarly gave useless shit named ETH some speculative value bcs everybody went on to search for le next bitcoin (fucking refereum has 100k ppl in telegram group). Every token is fucking useless ilusion for user to JUST HODL IT when in reality they are all just money grabs and speculative ponzi schemes/bags

>> No.7287482

>>7287435
>>7287411
>denial

>> No.7287497

>>7287347
>this again

Yeah clearly we're well past institutional investors
I mean shit, look at all the institutional investors

Theres uhh that one visa partnership that is in testing stages
And also that Kodak ICO!

Yeah we are well past institutional investors, pack it up lads

>> No.7287508

>>7287435
Already banned in half of South America and the whole North Africa.
Banned partially in US and will be banned completely after tomorrow's hearing, will be banned in EU after G20.

>> No.7287520

>>7287482
How am I in denial? I'm saying you can discount the previous recoveries because it was still a stuttering project launch at the time.

>> No.7287550

>>7287497
>Corporate suits are super smart and never test partnerships with failed ideas/products.
Found the MBA.

>> No.7287568
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7287568

>>7287411
I've known about it for years. It was a popular subject on /g/ for a while discussing mining it. I set up a coinbase account in 2016. I just didn't see it ever getting popular because it isn't pegged to any real world value. I now can afford to buy ethereum and buy other blockchain tech such as Walton or Link. I'm kind of glad it crashed so we can start to make real investments

>> No.7287583

>>7286057
Beautiful, indeed. Specially if you apply it to a civilization considered as a whole.

>> No.7287617

>>7287583
>hurr its not a bubble until Ahmed the camelrider isnt invested

>> No.7287618

>>7286495
I would say near $3000 but as low as $800

>> No.7287625

>>7286057
I am literally holding to $0. No joke, at all, and I have a portfolio over $200,000.

>> No.7287663
File: 124 KB, 1542x819, meanwhile in crypto.jpg [View same] [iqdb] [saucenao] [google]
7287663

>>7286057
>gay grandpas cocksucking and always dying stock market vs pic related

its clear who wins

>> No.7287685

>>7287663
>psychology of investors is different bcs cryptos are not muh boomer stocks

>> No.7287687

>>7287347
I think that chart has the order wrong. The public should come before institutional investors I would say. I don't think institutional investors have got their hands too dirty yet. But every bootlickin mong has a lite coin cause it's way cheaper than bitcorn!
Whether or not thats a good thing, I don't know. Maybe the institutional investors will never come

>> No.7287706
File: 146 KB, 2762x1349, Chad short sell.png [View same] [iqdb] [saucenao] [google]
7287706

>>7287347
>>7287411
Just remember that there were many ups and downs during the "smart money phase".
I for instance lost 6 BTC on Mt. Gox.
Was I an idiot for leaving 6 BTC on Mt. Gox?
Sure, but at the time I left them there they were only worth a total of ~$600 and I hadn't been paying attention to the market in the months leading up to the crash.
Many people owned literally 1000s of BTC back in the days when they were worth $1-5 a piece, but lost them or deleted their wallets without realising the potential their coins actually had.
Lots of people gave up on BTC after 2014, etc.

>> No.7287708

>>7287452
It’s just greed. No value.
The wages of sin is death.

>> No.7287782

>>7287508
https://en.m.wikipedia.org/wiki/Legality_of_bitcoin_by_country_or_territory

>Literally banned in several pajeet countries that don't mean jackshit on the world scale.

Just give it time and they'll cave

>> No.7287823

>>7287106
Bitcoin will never have real world value because a currency that permanently experiences deflation cannot function as a currency in the first place. When the market finally realizes this, this giant bubble will collapse.

Some of the other cryptos with low inflation built into the system may actually make it into currencies, however.

>> No.7287867

>>7286057
Y I K E S

>> No.7287910

>>7287823
Dogecoin will rise supreme.

>> No.7287926
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7287926

>>7287823

>> No.7287967

>>7287823
>>7287823
finally. there needs to be a 2% inflation rate every year at least for a currency to work and to keep in check volatility,demographics and prices

>> No.7288043
File: 18 KB, 273x255, 1511103493597.jpg [View same] [iqdb] [saucenao] [google]
7288043

>>7287823
>deflation hurts debtors
>hurting debtors hurts jewish lenders
>hard working savers get rewarded
>prices fall relative to fixed salary
>falling prices means less need for jewish lenders
>deflation is evil...?

>> No.7288078

>>7288043
would you ever take out a mortgage in bitcoin when you knew that what was originally, say, $200,000 worth of debt might turn into $3.4 million worth a year later?

>> No.7288084

>>7287706
You aren't wrong, but I think the MG crash was a different phenomenon. There was a reason it crashed.

I wonder if people will study the trading at it's ATH and learn anything from it?

>> No.7288100

Is investing like 600$ once bit coin crashes some more a bad idea?

>> No.7288118

I'm sure that Bitcoin will keep being relevant and growing because the decentralization factor, this is a social matter not well explored and in my opinion it's underated.

People don't like to be ruled by the state and financial corporation, BTC it's solution for you escape all this.

>> No.7288130

>>7288100
No, its cheap now despite all the FUD.

Unlikely you would lose money buying now - especially if youre willing to hold longer term (months instead of days)

>> No.7288136

>>7288100
Do you honestly think the miners are going to keep mining when it no longer has any financial incentive? They're going to pull the plug. The exchanges won't be able to complete their transactions, and it will all be caught up in limbo.

>> No.7288141

>>7286057
>don't buy the dip!

The bounce is going to be insane. Price is way out of equilibrium (look at almost any indicator) and we are going to see a bounce very soon. Once people realize BTC is on the way back up money is going to flood in due to FOMO.

>> No.7288151

>>7288078
1 Bitcoin = 1 Bitcoin dummy

If you were to take out a mortgage in Bitcoin you'd have to pay it in Bitcoin. In that scenario you'd be working for bitcoin

>> No.7288154

>>7288078
I'm fine with destroying usury.

>> No.7288159
File: 427 KB, 1543x1360, 1511984120048.jpg [View same] [iqdb] [saucenao] [google]
7288159

>>7288078
Would you need to take out a mortgage if prices weren't grossly inflated? My dad paid for college by working a fucking summer job... Inflation is a jewish trick my friend

>> No.7288168

>>7288118
yeah its better to be ruled by retarded corenerds and money skellys

>> No.7288212

>>7288159
a jewish trick to prevent economic stagnation because even the jewiest of jewry requires a functional economy underneath to actually achieve it's jewy goals.

>> No.7288227
File: 65 KB, 527x593, 1517618914362.jpg [View same] [iqdb] [saucenao] [google]
7288227

>>7288043
>prices constantly fall
>your currency buys more and more stuff the more you wait
>Why spend it?
It's called a liquidity trap. The bitcoin economy is stuck in it permanently. Very few people actually buy and sell stuff with bitcoins, and you could argue those that use it to buy stuff are actually idiots.

Like that Swedish guy who bought an apartment with bitcoins in 2011. If he had kept them today he would be a millionaire.

>> No.7288314

>>7288168
well, until now this guys were able to make people much more wealthy than many govs

you really think that anyone would be able to make the amount of money that they did in the last year by some government program? of course not

>> No.7288319
File: 190 KB, 241x320, 14346995.png [View same] [iqdb] [saucenao] [google]
7288319

>>7288227
Encourages saving and living within your means rather than degenerate frivolous spending.

>> No.7288365

>>7288319
Economics 101

>> No.7288379

>>7288141
you dont get it do you?
heat is taken off the crypto market by btc devaluation, btc is dead, it needs to slowly separate itself from the rest and die off being traded by rare item chasers on ebay.

>> No.7288400

>>7288319
It defeats the purpose of a currency, moreso because the more people adopt it, the stronger the deflation. An economy cannot grow if the money supply doesn't increase alongside the supply of goods and services.

>> No.7288408

>>7288084
Whatever the reason MG folding, my point was that there were many traps back in the day even for people with smart money. That's the thing: you don't behave the same way with a portfolio worth $1'000 as you do with a portfolio worth $1'000'000. There are so many people out there who WERE early adopters/smart money, but who are not millionaires today because they sold too early and lost faith, because they didn't secure their wallets properly, because they were hacked, because they were scammed, etc.

>>7288212
Of course, a society that isn't actually making anything simply cannot function. But technology has transformed the world so that making things has a far reduced human and capital cost (though not for the environment), which means that bigger and bigger numbers of people can indulge in unproductive behaviour like hedonism, like finance, etc and remain prosperous (or at least retain the illusion of prosperity).

>> No.7288530

>>7288151
do you know what deflation and inflation is?
a limited supply currency can't work properly. even lumens figured it out before launching their meme
>>7288159
not an argument

>> No.7288573

If it really goes down to 1k I'll throw that money into it just for fun.

I opened an account on Bitpanda just for this purpose some time ago. It's weird that I can just buy for 50EUR/transaction. Why the fuck is that?

>> No.7288865

>not believing in the meme chart since day one

your fortune was foretold coiners your little meme coins can't beat the ultimate meme chart

>> No.7289175

>>7288078
You would not need a mortgage, literally word mean, debt to the death.

Bitcoin is attempt at removing debt

>> No.7289208

>>7289175
explain how

>> No.7289353

>>7289175
brainlet

>> No.7289787
File: 40 KB, 479x591, 1508261870804.png [View same] [iqdb] [saucenao] [google]
7289787

>>7288227
>if

You can say that every time, though. It's a true beta word.

>If my grandpa would've bought a bunch of gold in the 50s
>If my father would've bought Apple stock in the 90s
>If I had bought 1000 BTC in 2010

>> No.7289834

>>7289787
not related to what he is stating
brainlet

>> No.7290318

>>7288400
>>7288227
I always feel like the deflation is bad meme is a foolish mentality caused by too much borrowing and inflationary mindsets.

The thing is, no matter how much the money deflates, people will ALWAYS need essential things, and while saving will be the new borrowing, this is actually a GOOD thing for EVERYONE long term. It's how real prosperity happens, not some forced GDP growth gotta-spend-gotta-spend mentality.

The fact that you can't eat money or live in it, or do any of the basic things you need to survive directly with it, means that deflation literally cannot go on forever, no matter how much you FUD/FOMO people into stashing cash rather than spending. The same can't be said for inflation, or rather it can be said for inflation but the end result isn't wealthy people, it's a failed currency/government often leading to war.

I've been trying to figure out how I'm wrong about this for a long ass time, and no one has ever been able to adequately explain to me why I'm wrong about this.

>> No.7290984

>>7287170
So I only have to HODL for 2 years? easy mode free money.

>> No.7291521

>>7290984
could be 2, could be 10. Shit could even be 30 if a major economic recession hits.

Look at the Dow Jones 100 year historical chart. It took 30 years to reach the same level it was at in 1929. Interestingly it took another 30 years after the next major down trend to recover back to 1965 levels.

>> No.7291768

>>7289208
You cant lend out your bitcoin
Debt economy, inflation all extinguished

Prices would be right in economy, not inflated as now. Not consumer economy as we have, where those who save and work are stolen from and consumers usherers rewarded

>> No.7291792

You all faggots should read a book

DEBT a first 5000 year history

>> No.7291908

would have lost 50% to tax if I cashed out at the top anyway, cant do shit for at least another 6 month

>> No.7292125

>>7287411
I only started coming to 4chan in 2016 and I already knew about bitcoin from way back in 2013 when literally everybody was talking about it in middle school. It really wasn't an under the radar thing as so many of you guys make it out to be

>> No.7292194

>>7287106
>real world value


WE ARE FUCK ARE WE NOT BOYS????

SOME SHITTY PROPITIATORY CORP COIN MEANS REAL WORLD VALUE, no open currency free from regulations

>> No.7292209
File: 36 KB, 960x492, 27750201_600362070297291_3522654945075206840_n.jpg [View same] [iqdb] [saucenao] [google]
7292209