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/biz/ - Business & Finance


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23924624 No.23924624 [Reply] [Original]

This bullrun is very different from what happened in 2017. Not too much excitement, no normies buying verge or xrp in droves, no crazy (for crypto) increases in valuation, just steady and sustainable growth... I think this time it's for real frens were witnessing mainstream and institutional adoption the likes of which you have never seen before.

>> No.23924640

That's because we're still below ATH. The market doesn't go parabolic until 9-12 months after ATH is broken

>> No.23924687

Most normies are poor now, they search online for low quality movies so they don’t have to spend $3.99 renting a legit copy. They hodl tinned foods and wear another layer of clothing instead of turning their central heating on.

>> No.23924693

>>23924624
>>23924640
>makes statement about how its different this time implying he was here in 2017
>clearly either doesnt remember the sudden influx of retards coming in saying "how do i buy bitcoin lol hahaha xd" with random thots posting timestamps right at the peak or he is a lying faggot
which is OP? you need to get your memory sorted out or you are a lying fag.

>> No.23924700

i'm not sure if this is a haircomb thread or not?

>> No.23924725

>>23924693
wtf are you on about?

>> No.23924736

>>23924624
>This bullrun is very different from what happened in 2017.
>t. only began paying attention in November 2017
This run is mirroring the early/mid 2017 runs perfectly

>> No.23924747

>>23924736
we are still in 2016

>> No.23924763

>>23924736

Ooh I see ok - well that's the thing, it seems to me that biz was much less dead before the 2017 bullrun compared to now, hence why I feel it's different this time - but your memory might be better than mine indeed

>> No.23924769

>>23924640
This, if BTC is below it's ATH normies literally think it doesn't exist anymore and it failed.

>> No.23924806
File: 28 KB, 633x758, 1569269260163.png [View same] [iqdb] [saucenao] [google]
23924806

>>23924640
9-12 months....

>> No.23924836

>>23924624
>Not yet
FOMO will begin at 40k

>> No.23924987

>>23924624
i also feel that! that is why i think VALUE and defi protocols will be the thing if they fulfill its promise

>> No.23925009
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23925009

>>23924624
So I have been researching crypto for the last couple months and I have finally decided to buy in. I have already ordered a Nano X and have decided to buy a bit of BTC every week regardless of its fluctuation in value.

I actually believe in BTC and I think great financial change is coming within the next decade. Am I wrong for dedicating a small portion of my wages towards BTC every week and just holding it?

>> No.23925017

i remember when BTC first went over $3k and nearly everyone here was convinced it had "pumped too fast" and was going to correct. Feels like 50 fucking years ago.

>> No.23925040

Ive heard these exact words from people at my work:
"bitcoin, crypto... isnt that shit dead"

They have no clue

>> No.23925085

>>23925009
of course you should do this faggot

>> No.23925102

>>23924687
500k net worth and I still do these things

>> No.23925116

>>23924624
Its shabat bra. Jews are asleep

>> No.23925124

>>23924687
>paying for something you can get for free
i need that $3.99 to pay the gas fees on uniswap

>> No.23925126

margin traders are drying to drive the price down right now but aren't doing such a good job. They are dumping lots of bitcoin but it's all getting eaten up. I think we'll be back at 17k by the end of the weekend.

>> No.23925156

>>23925102
Once you reach a certain age it becomes less important.

>> No.23925181

>>23925009
That's what im doin

>> No.23925216

With covid and lock downs right now
alot of people don't have extra money,and Biden will do lockdowns when he enter office. I don't see a normie influx until 2022

>> No.23925236

>>23924806
Faggot

>> No.23925302

>>23925102
almost made it, yet still a jew. What’s the point

>> No.23925324

>>23925009
You're right, but get some ETH too.

>> No.23925354

>>23924687
Sure, turning up the heat too high and paying for movies is somehow not normie-behaviour.

tf anon.

>> No.23925355
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23925355

>>23925236
T-thanks.

>> No.23925987

mmm.. somebody got some bias lens on

>ORGANIC GROWTH
>increased 60% in one month

>> No.23926000

>>23924736
This is 2016 dipshit

>> No.23926101

>>23925987
that's crypto tho the marketcap is so tiny it's bound to be volatile, isn't it?

>> No.23926754

>>23925009
What you're doing is called "dollar cost averaging." Yes, it makes sense. Just don't let the charts get you down.

>> No.23926957

>>23924736
>This run is mirroring the early/mid 2017 runs perfectly
For btc only, literally nothing else is tracking. In mid to end of 17 every single coin was up multiples of 10, even 1500 down.

>> No.23927169

>>23925116
Shalom

>> No.23927210

>>23926101
>tiny market
>there are new threads on /biz/ every minute
Pick one

>> No.23927374

normies think crypto is dead which is the equivalent of normies not knowing about crypto in 2016

>> No.23927385

>>23927210
Nigger I literally made a quarter of the threads in the catalog

nobody knows

>> No.23927392

>>23924624
nice background on your pic, rly

>> No.23927414

>>23926000
Nice trips. Where's Trump, then?

>> No.23927421
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23927421

>>23924806
You'll start to see gains before then, obviously.

>> No.23927465

>>23924624
You are correct. It is different. Zero (none) normie hype. They are totally distracted by election and the fake pandemic. Where is the money coming from? I believe it is financial institutions accumulating bitcoin in order to offer crypto services to future investors.

>> No.23927507

Not yet. Accumulate.

>> No.23927510

>>23924736
was 2017 a good bullrun, or was there some 2018 crash I wasn't paying attention to?

>> No.23927562
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23927562

>>23924624
Have to wait for catalysts.

3 Catalysts

1) Inflation

2) Hits 20k

3) Digital Dollar

>> No.23927598

>>23927465
>this
zero observable mainstream interest in crypto right now = no normies but instead big players

>>23927510
>2018 crash
just a bump in the road anon. barely a blip and we're already back to ATH

>> No.23927698

how does xrp pump when literally everything else is crawling downwards?

>> No.23927763

>>23924736
2016 mongrealo

>> No.23927790

>>23924624
What was the impetus of this bull run? Seems kinda random, what do I know.

>> No.23927801

>>23924806
kek

>> No.23927808

>>23927698
stays stable like it's meant to
it never fkn pumps properly

>> No.23927895

>>23927808
>stable
but it has been pumping since yesterday
when is the last time you seen it acting like this?

>> No.23928048
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23928048

>steady and sustainable growth
OP, I...

>> No.23928115

>>23927895
checked charts if not digits
i stand corrected, that's a healthy swing

>> No.23928469

>>23925216
Pretty new to owning crypto myself but the way I see it that just means more time to accumulate. Also is a pooorfolio of ETH, RLC, and XMR the true way. Looking to stack up some RLC atm

>> No.23928815

>>23924624
>This bullrun
Not a bullrun until BTC hits a new ATH. Still bear market until then.
>>23924806
It takes most normies their entire working life to reach 1 million, and you are being impatient and cant wait a few months more.

>> No.23928858
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23928858

>>23924624
It will continue to rise

>> No.23928882
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23928882

A bag of $INJ is making me happy.

$INJ brings in decentralised derivatives trading!

>> No.23928896

>>23924687
Hey, I do these things but I'm not poor

>> No.23928905

>>23924763
Most of the people who were newfags on biz in 2017 came back as soon as they saw their fucking chainlink skyrocketing. Thanks to this a lot more people have returned before the run this time and stuck around because they know what’s coming

>> No.23928929

>>23924736
Can we all agree we have bottomed out. I am seeing trend reversals on most major tokens.

>> No.23928975

>>23927414
Ur moms house

>> No.23929007

2017 won’t happen again. You guys are delusional. Newfags please lurk more.

>> No.23929051

Anyone else holding wbtc instead? Seems like way better with uniswap and defi overall

>> No.23929076
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23929076

This bullrun is dominated by $INJ with it's decentralised derivativex exchange.

Bullish with $INJ!

>> No.23929086

>>23929007
so funny how low iq people can come off as high iq to avg iq
2017 won't happen again, true, it will be going much higher

>> No.23929203

>>23924624

someone buys large amounts of xvg since two week on binance and xrp has an airdropp on 12.12.20. and after the mainnett launch of flare there is an airdropp from flairfinance for spark holders. DYOR

be patient anon

>> No.23929247
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23929247

>>23929203
>falling for airdrop scheme

>> No.23929444

>>23929086

you are not a day older than 22

>> No.23929830

>>23929444
>wasting trips
i'm in my 30s
have sex

>> No.23929945

I bought a boat for corona. should I sell below market value (low liquidity market this time of year) and buy Crypto portfolio? its that or waging away part time while in school, only buying $50 a week or so. I'm inheriting 40,000 usd (part one of serveral liquidation events) will I miss the bull if I just wait until febuary and buy in then?

>> No.23930565

>>23928048
>with random
Why is the volume greater than 2017 now?
Brainlet help

>> No.23930711

>>23928048
(for crypto)

>> No.23930743

>>23927392
thank you I just Googled "pepe bull"

>> No.23930757

>>23928815
reaching 16k is still bretty bullrunny tho no?

>> No.23930800

>>23925987
tether printed like 3b recently

>> No.23930876

>>23929203
ahah this utter shitcoin is still alive?