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/biz/ - Business & Finance


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29658088 No.29658088 [Reply] [Original]

Do people here unironically believe that something which went from 50b market cap to almost 1 trillion (1/10th that of gold) over the span of an year is not due a big crash.

Do people here believe that charts which have been accurate for over 10 years now won't be accurate this time?

Are you all trying to bully new fags and make them lose money?

>> No.29658214

Shut up nigger there's nothing better to put our worthless dollars into

>> No.29658293
File: 49 KB, 850x400, quote-people-prefer-to-believe-what-they-want-to-be-true-francis-bacon-142-3-0305.jpg [View same] [iqdb] [saucenao] [google]
29658293

People have a vested interest in things being a certain way.

>> No.29658347

>>29658088
shut up faggot

>> No.29658453

well... that's why they will never make it
permabulls will never sell just like warren buffet
they accumulate virtual gains but never treat themselves
they are as pathetic as permabears imo

>> No.29658742
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29658742

>>29658088
we live in a post covid post money printer post rational, world kiddo
either adapt and make 100,000% or do nothing and keep making 8% per year

>> No.29659166

Kill yourself you dumb weeb faggot.

>> No.29659222
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29659222

>>29658742
Until we don't

This period resembles the South Sea Bubble eerily well.

>> No.29659303
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29659303

>>29658088

>> No.29659454

Never. selling.

>> No.29659811
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29659811

>>29659222
we still have about 24 months left in this bubble, we might see a MASSIVE recession, the biggest one in history https://streamable.com/mhc8da

>> No.29659908
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29659908

>>29659222
last post was the wrong pic, here is the right one

>> No.29659980

>>29658742
> this time it's different

>> No.29660040

GO
BACK

>> No.29660216

>>29658293
This. Every cryptard on this board has a vested invest in crypto gong up, so they'll all delude themselves that's the case

>> No.29660257

>>29658088
oh it is, but :
- many of us are long
- we believe the crash is going to be like in 2017, after the parabolic advance finishes

>> No.29660317
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29660317

>>29659222
>>29658088
>>29659980
also see https://youtu.be/zJKOj2wRrs0?t=638
might be very interesting

>> No.29660369

>>29658293
>>29660216
And every nocoiner calls it a ponzi scam which is due to collapse

>> No.29660392

also, where do you get 50bil? it was at 150

>> No.29660531

every year BTC gets lost also, so the market cap is probably about 800bil really

>> No.29661676

>>29658088
But everyone thinks its due to big crash, not before doing another 4x in summer though

>> No.29662081

>>29659980
did you miss the fact that institutions are buying billions of bitcoin and only bitcoin? alts are being left behind, crypto is maturing away from retail pump and dumps into what it's actually supposed to be, uncorruptable money, not some playtoy for wannabe wall st traders

>> No.29662099

>>29658088
Well it went from 15bil to almost 300bil (x20) in 2017

So 200bil x20 = 4 trillion is reachable

BTC 200k eoy confirmed

>> No.29662614

Hey it all seems really fucking dumb and greedy and the backend sure, but in the moment it’s hard. The beanie baby shit looks retarded now but it made sense to people at the time.

The reason they target 20-35 YO males for crypto is because they don’t have the sophistication to really digest financial information and only error correct and data they can understand. Which is literally seeing the value of their portfolio go up and down.

If the scammers don’t give you something to error correct for you won’t try to update your understanding and let greed guide your decision making

>> No.29663609
File: 69 KB, 1414x1026, btcprice17.jpg [View same] [iqdb] [saucenao] [google]
29663609

>>29658088
>Do people here unironically believe that something which went from 50b market cap to almost 1 trillion (1/10th that of gold) over the span of an year is not due a big crash.
>Do people here believe that charts which have been accurate for over 10 years now won't be accurate this time?


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