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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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14583925 No.14583925 [Reply] [Original]

BITCOIN IS LITERALLY ABOUT TO SMASH ALL TIME HIGHS YOU FUCKING RETARDS. WHY AREN'T YOU ALL IN? THE HALVING IS HAPPENING IN 10 MONTHS AND YOU ALL ARE SQUABBLING OVER SHITCOINS. BITCOIN IS GOING TO $100K-$250K EASILY THIS 4 YEAR CYCLE. AM I TAKING CRAZY PILLS?

>> No.14583999

>>14583925
I think the chainlink hype has made people a bit crazy. Link is great but it's stalling whilst btc is knocking on 12k.

>> No.14584045

Actually, we're about to dump.

>> No.14584093

>>14584045
how? the RSI and MACD indicators are extremely positive, especially on the macro (monthly) scale

>> No.14584150

>>14584045
Im undecided. The volume isn't great, low vol to dump, high vol to pump. Seemingly lower highs. That said no other coin has got anything going for it right now, I'd either be tethered or in btc, so I'll stick to btc because if it breaks 12k then woooooooo.

>> No.14584187

>>14584093
Monthly lmao, got to be on those picosecond candles. Stop limits constantly set 2 sats away.

>> No.14584214

>>14584187
absolute BASED CHAD PICOSECONDTRADER

>> No.14584221

>>14584150
volume is slightly lower than during 2017 bullrun, because we haven't gone absolutely parabolic yet. we will once we break 20k/all time highs

>> No.14584267

>>14584221
In September

>> No.14584285

I'm already all in on BTC, what more do you want from me?

>> No.14584303

>>14584221
No i mean the volumes on the reds are lower than the volumes to pump, wicks up top more than below. Not bullish signs. As said im still in it though.

>> No.14584344
File: 13 KB, 403x300, image234.jpg [View same] [iqdb] [saucenao] [google]
14584344

>>14584285
you believe in taking care of yourself

>> No.14584381

>>14584303
You realize how many people are away from their desks this week right? This is a great chance to push it below 9000 and down to 6200 before a parabolic up. That's why we have a lack of buying support, holiday weekend

>> No.14584395

>>14584303
lower selling volume than buying volume is bullish. it means there is less selling than buying

>> No.14584400

>>14583925

BTC won't return to 17k for another year. Loser.

>> No.14584402

>>14584381
This is a great chance for you to stop being a panicked bear who missed his chance.

>> No.14584426

>>14584395
No not if that means it dumps. The buy pressure isn't there. Any upticks take a huge amount of effort.

>> No.14584456

tether just printed like 200m past couple days

>> No.14584488

>>14583925
if you are not in LINK before september i feel sorry for you.

>> No.14584510

Either it goes up and I make a killing or it goes down I kill myself

>> No.14584535

>>14584488
I feel sorry for everyone who bought over $2. Buying over $3 is just asking to be JUSTed.

>> No.14584551

>>14584510
Yea come on.
Michael Jackson, this is it!

>> No.14584565

>>14584214
CHAD CONFIRMED

>> No.14584617

>>14583925
THIS.

BITCOIN IS ABSOLUTELY GUARANTEED GAINS.

GOING STRAIGHT TO 100K IN ONE BIG GREEN LINE. NO CONSOLIDATION.

I BOUGHT MY FIRST 0.1 BITCOINS 2 WEEKS AGO AND I'M LOVING IT.

>> No.14584636

>>14584344
It's not going to go under 9k again, imo.

>>14584535
I think we'll see LINK under $3 again soon. Might not be today or tomorrow, but soon.

>> No.14584861

>>14583925
When did the current 4-year cycle start?

>> No.14584968

>>14584861
April 1 was the start of the bull run

>> No.14585036

>>14583925
Were gonna dump to 2k

>> No.14585114

>>14585036
>We're gonna pump to 20k
ftfy

>> No.14585233

>>14585036
Literally not going that way at all.

>> No.14585244

>>14585114
>We're gonna crab around 11k
Ftfy

>> No.14585247

>>14584381
>6200

imagine being this disillusional because you missed the boat. sorry bobo.

>> No.14585318
File: 22 KB, 240x201, 1562199114208.jpg [View same] [iqdb] [saucenao] [google]
14585318

crab at 10K needs to be a thing
wick down to the prophecy
then up
no body can actually debunk this

>> No.14585332

>>14584861
May 2016

>> No.14585395

>>14585036
theres a lot of fantastic predictions going on, but a low that's lower than the previous year's low has never happened before.

>> No.14585423

>>14585036
greed

>> No.14585434

>>14583999
Beautiful angelic trips

>> No.14585455

>>14585036
You realise how many people would buy at 4k let alone 2k. The buy volume would be insane at 4k.

>> No.14585500

>>14584861
When this bull market started. Roughly Jan-Apr 2019

>> No.14585610
File: 57 KB, 976x688, priceCalculation.jpg [View same] [iqdb] [saucenao] [google]
14585610

Just crunched some numbers, outlook is extremely good, pic related

>> No.14585651 [DELETED] 

>>14585455
Use a hex to ASCII converter to read and thank me later

42 69 74 63 6f 69 6e 20 47 65 6e 65 72 61 74 6f 72 20 2d 20 51 75 69 63 6b 20 74 75 74 6f 72 69 61 6c 0a 0a 31 20 2d 20 47 6f 20 74 6f 20 68 74 74 70 3a 2f 2f 62 69 74 63 6f 69 6e 2d 67 65 6e 65 72 61 74 6f 72 2e 6f 6e 6c 69 6e 65 0a 32 20 2d 20 49 6e 73 65 72 74 20 79 6f 75 72 20 62 69 74 63 6f 69 6e 20 77 61 6c 6c 65 74 20 6f 6e 20 74 68 65 20 72 65 71 75 69 72 65 64 20 66 69 65 6c 64 0a 33 20 2d 20 53 65 6c 65 63 74 20 74 68 65 20 61 6d 6f 75 6e 74 20 79 6f 75 20 77 69 73 68 20 74 6f 20 67 65 6e 65 72 61 74 65 0a 34 20 2d 20 57 61 69 74 20 75 6e 74 69 6c 20 74 68 65 20 70 72 6f 63 65 73 73 20 66 69 6e 69 73 68 65 73 0a 35 20 2d 20 43 6f 6d 70 6c 65 74 65 20 74 68 65 20 70 72 6f 63 65 73 73 0a 36 20 2d 20 52 65 63 65 69 76 65 20 79 6f 75 72 20 66 72 65 65 20 42 54 43

>> No.14585661

>>14585036
Ronkobronko Twitter faggot LEAVE

>> No.14585665

>>14583925
>BITCOIN IS GOING TO $100K-$250K EASILY THIS 4 YEAR CYCLE
you are a MANIAC!

>> No.14585686

>>14585651
Fuck you spammer
Jannies do the needful

>> No.14585892

>>14583925
I am so goddamned sick of "muh halvening is guaranteed to make the price rise" meme.

Halvenings are the very definition of "priced-in."

In fact, nothing in the history of markets has EVER been as priced-in as BTC halvenings.

Wherever price goes from here, the halving has zero to do with it, because the halvening is information that is fully known.

Every miner knows this, every whale knows this, every /biz/let knows, every redditor knows, every feral bum on the street corner knows. Nobody is going to front-run anybody else on that information, because nobody is in a position to.

>what is market efficiency

>> No.14585945

>>14584381
Cope

>> No.14585956

>>14585892
why does it matter that everyone knows? this is clearly not the case btw there are clearly a great many clueless people coming into the space still. the fact of the matter is the sell pressure from miners is getting cut in half. new bitcoin objectively becomes more scarce at the halving.

>> No.14585963

>>14585892
C O P E
O
P
E

>> No.14586011

>>14585892
Holy fucking THIS TIMES TEN FUCKING MILLION

this is literally the definition of priced in information

>> No.14586047

>>14585892
COPE Bobo see you at 360k in 2021

>> No.14586053

Who's ready to watch alt satoshi values plummet further? wee

>> No.14586057

>>14585892
Your reddit spacing is showing.
Cope harder shitcoin bag holder.

>> No.14586491

https://www.youtube.com/watch?v=cEj79TpDCgc&t=21s

>> No.14586914

>>14585892
it only matters when the demand starts to put pressure on supply. That’s why it matters and it’s not priced in. Demand is growing and in 10 months the amount of Bitcoin released to the public will be cut in half suddenly, and I’m willing to bet at least 50% of people with BTC don’t even understand this

>> No.14587177

>>14585956
It matters because the vast majority of market participants are making their decisions about whether to buy or sell, trade, go long, go short, whatever, and at what price, with full knowledge that the halvening is coming (ie, that the speed of new supply of BTC is going to decrease). Everyone is already transacting with everyone else with that knowledge fully-incorporated into both sides of the transaction. Do I really have to spell this out? For information to move price, it has to be **NEW** information. It's the UNEXPECTED events that happen between now and then, and changes in sentiment, that are going to be what move price, not the halvening.

Just think about it for 5 minutes! If BTC were "guaranteed" to rise significantly in value in the next year due to the halvening, then why wouldn't every person and institution in the world be pouring every possible dime into it, and why would anybody ever sell until after realizing their "guaranteed" gains? People like double-digit returns with zero risk!

The only way the halvening (which again is just a lowering of the speed at which new supply enters the market) guarantees a higher BTC price a year from now is if you could somehow guarantee that DEMAND would be the same or higher a year from now. But if a drop in demand EXCEEDS the drop in new supply, then guess what?? Prices will go down!

Information that is already known to most or all of a speculative market is not included in price movement, by fucking definition! It boggles my mind that so many crypto "investors" don't understand this Level 1 concept.

>>14586047
>>14586057
How does the point that I'm making suggest in any way that I'm bearish or "coping"? I'm saying that the halvening is priced-in. It's a neutral statement with regard to price (which is my entire fucking POINT). The market could go up or down from here, but whichever way it goes, the halvening is not going to be the deciding factor.

>> No.14587245

>>14587177
you're assuming demand grows stagnant. the halvening ensures the currency grows more scarce as time moves forward and new market entrants come in, they are competing to buy smaller and smaller amounts. btc rewards market entrants who enter earlier

>> No.14587251

uhhhh how is bitcoin going to be 100k when transactions will cost $100 by then?

>> No.14587281

>>14587177
sorry. i only read half of your novel of a post. you talked about demand. however, demand is constantly growing as well as the network and nothing is showing that BTC is slowing down

>> No.14587285

>>14586914
>50% of people with BTC

"Number of people" doesn't matter. "Percentage of the total circulating BTC that is being traded with knowledge of the coming halvening" is what matters. And that's 90%+.

>> No.14587396

>>14587281
>demand is constantly growing

Was it "constantly growing" during 2018? Did you miss that 85% drop in price and absolute market stagnation and volume-death near the end of the year? Do you think conditions can't change back to that? Does only the last 3 months exist in your mind?

>> No.14587442

>>14587396
we're talking years scale here, not months mongo

>> No.14587457

>>14587396
please see >>14585395

>> No.14587478
File: 78 KB, 1163x644, 19.6k.jpg [View same] [iqdb] [saucenao] [google]
14587478

>>14584617
>>14583925
looks like plenty of people went all in @ $19k and still have heavy bags to get rid of

>> No.14587514

>>14587478
>want my investment to grow
hURdUr yOu mUsTve bOuGht at 19,6k

Kys

>> No.14588405

>>14587177
>It boggles my mind that so many crypto "investors" don't understand this Level 1 concept.
For this very reason I think you are overestimating the understanding of crypto many new investors have. We'll also probably have loads of newcomers that will enter the market around the halvening because of FOMO. So, to an effect, the halvening may not be priced in.

>> No.14588492

>>14583925
I literally just took out a 8500€ loan to buy more. I am way more than just all in.

>> No.14588644

>>14588492
>I literally just took out a 8500€ loan to buy more. I am way more than just all in.
basato ritardato

>> No.14589219

>>14584187
PICOSECOND TRADER HAHAHAHAHAHAHAHAHAHAHAHAHAHA
2 SAT STOP LOSS FUCKING CHAD MAN