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File: 66 KB, 803x431, Screenshot_2020-12-12 Crypto Fear Greed Index - Bitcoin Sentiment.png [View same] [iqdb] [saucenao] [google]
24762022 No.24762022 [Reply] [Original]

Bitcoin now at $18,800.00. Those of you in the old school who believe this is a bubble simply have not understood the new mathematics of the Blockchain, or you did not cared enough to try. Bubbles are mathematically impossible in this new paradigm. So are corrections and all else

>> No.24762036

>>24762022
>Bubbles are mathematically impossible in this new paradigm
sounds like what i heard in the summer of 2019

>> No.24762047

>>24762036
?

>> No.24762059

>>24762022
>Bubbles are mathematically impossible in this new paradigm.
If statements like that is not a bubble red flag, I don't know what is.

>> No.24762061

>>24762022
Im going to feed your mom some beans and she can make bubbles in my hot tub tonight before i make you a new baby brother.

>> No.24762100

>>24762047
btc went from 3.5k to 14k in a very similar fashion and expected it to not correct.

>> No.24762109

>>24762036
bruh all countries in the world that have a national currency, ( so all ) made their printers go BRRR.

EURO ? super BRR
DOLLAR? super BRR
YEN? super BRR
YAN? super BRR

countries that don't matter?
ALL went super BRR.

what is the asset that cant BRRR by a central authority?

Crypto (BTC/ETH/XMR)
where will all the smart money go, that doesn't want to see their purchasing power inflated away at a rate of 10 to 15 pct a year for the next coming 5 to 10 years?

BTC/XMR/ETH and other big established crypto.

you have been warned. The massive BRRR that has occured in the world has changed the ballgame. everyone is rushing to get into crypto to protect their purchasing power. its going moon moon moon for years now without dumping. 30 to 40pct dumps used to be the norm, now its gonna be only 10 to 20pct

enjoy the ride

>> No.24762155

>>24762022
I bet this meme indicator wouldve been stuck at 100 all throughout 2011, and 2013, and 2017. And people like you wouldve sold too early because of it, I'm guessing you werent around back then though.

>> No.24762165

>>24762109
>implying countries havnt been BRRRing for years. just dont lose your shit when we dump along the way to 100k

>> No.24762166

>>24762109
What about the hypothesis that the opposite happens? Super money printing craters all crypto permanently because it cant catch up to the fiat market that just blew past it and took gold and real estate with it.

>> No.24762184

>>24762022
kek

>> No.24762189

>>24762155
this.
its only really a good indicator during crab market and maybe bear market

>> No.24762207

>>24762166
Dumb nigger tier shit... people well sell their bubblicious gold and houses in that scenario to buy up undervalued commodities like bitcoin

>> No.24762231

>>24762022
>price dumps
>EXTREME GREED! STILL EXTREME GREED MODE!!! WE'RE NOT OUT OF EXTREME GREED UNTIL IT CRASHES TO 2K!!!!!! EXTREEEEEEME GREED!!!

>> No.24762235

>>24762155
you noobs have to learn some time

>> No.24762241

>>24762022
this was expected
>>/biz/thread/S22244764#p22244819

>> No.24762254

>price dumps to 5k
>"indicator says no longer extreme greed! Time to buy!"
>pumps to 18k again
>EXTREME GREED EXTREME GREED SELL SELL

>> No.24762283
File: 54 KB, 360x450, Blue_partyhat_equipped.png [View same] [iqdb] [saucenao] [google]
24762283

Normies just don't get it

If they had ever played an MMO and saw that items with increased demand and fixed supply basically rocket to infinite value they would understand

>> No.24762317

>>24762235
lmao only noobs are looking at that indicator right now, I was buying 2013-2016. I sold way too early though. But go ahead and make the same mistake I did, you'll want to kill yourself 3 years from now.

>> No.24762335

>>24762022
just block anyone that says 'bubble' for anything
they are bad people

>> No.24762347

>>24762254
In the crypto market it's called "buy low sell high"

>> No.24762362

>>24762317
>confirmed cant trade
Lol yeah I'm gonna listen to this guy

>> No.24762382

>>24762347
my point is that despite us dipping to 17k it's not enough apparently, it's still "extreme greed", apparently we have to dump hard before we're no longer extremely greedy. And after we dump and we pump again, we'll be back to extreme greed when we reach this price level again. This is the absolute top, because we'll always be at "extreme greed" when we reach this price, which means we will inevitably dump again, we're permanently stuck fluctuating between 19k and 0

>> No.24762405
File: 110 KB, 1280x720, 1607762788860.jpg [View same] [iqdb] [saucenao] [google]
24762405

>>24762347
But that's a speculation-driven boom-bust market. Not a good system for a currency....

>> No.24762410

>>24762382
>we'll always be at "extreme greed" when we reach this price
thats not how it works my sweet summer child

>> No.24762448

>>24762405
Oh yeah we're definitely not in a speculation driven boom bust market. Where were you faggots in 2019 by the way funny that you all show up only after the price pumps

>> No.24762455

>>24762382
consolidations lower greed i think? corrections are there for a thing

>> No.24762508

>>24762362
I learned from my mistakes, I think we'll see a 35% 2 week correction but not until all the bears are gone. We've been going sideways and people like you are bearish, it's a trap. Also I shorted 19.4k before the drop to 16k, but this price action and news is obviously bullish. How new are you anyway?

>> No.24762507

>>24762109
wrong. ETH has brrrr'd before and will again

>> No.24762548

>>24762448
I only came to this board to ask for advice when my stocks mooned this year. Now I'm looking for new investments to diversify.

What's the case against waiting for BTC to dip? Seems X-mas is often a volatile time.

>> No.24762568

>>24762508
>people like you
I consistently beat the market. Shorted 19.6, closed 18.3, shorted again 19.1

>> No.24762759
File: 30 KB, 610x357, question.jpg [View same] [iqdb] [saucenao] [google]
24762759

>>24762568
Do you think it's gonna go down in the next few months?

>> No.24762779

>>24762022
>Bubbles are mathematically impossible in this new paradigm.
dubs checked
its not just that. there is a growing awareness that we are NEVER cashing out. The price is literally NEVER going to fall.
By the time BTC is 100k, much less 1M or 4M - there are going to be options at Fidelity and all major brokerages offering "stake your coins" or "loan against your coins".
The price will just continue to rise.

>> No.24762808

>>24762568
19.1k is a terrible entry

>> No.24762846

>>24762759
Buy at the beginning of January would be my advice
>>24762808
We already established you dont know how to trade, remember, faggot? You sold all your coins and never bought back

>> No.24762861

>>24762022
someone post the meme version of this.. at least one of you has to have it saved.

>> No.24762890

>>24762861
seconding

>> No.24763176
File: 51 KB, 279x181, 011C7872-D874-409A-80E3-8BF95D5F97B6.png [View same] [iqdb] [saucenao] [google]
24763176

>>24762890
>>24762861

>> No.24763217

>>24763176
lmao

>> No.24763252
File: 38 KB, 520x348, 1606701630796.jpg [View same] [iqdb] [saucenao] [google]
24763252

>>24762022
OP's ELI5...pic related.

>> No.24763262
File: 234 KB, 1335x709, bitcoin-halving.png [View same] [iqdb] [saucenao] [google]
24763262

based thread my sir

>> No.24763308

>>24762382
it can be pointing extreem greed for the next 2 years and you will have sold at 20k instaed of at 200k, when the dip comes to 150k. great fucking job. you must be new.

all these indicators and shit the only thing they are good at is making you miss the bullrun.

>> No.24763423
File: 17 KB, 165x115, ack.png [View same] [iqdb] [saucenao] [google]
24763423

>>24763262
>Bull market 1: Up 17794%
>Bull market 2: Up 9218%
>Bull market 3: Up 2938%
Its done 100% since May's Halvening. Its slowing down, losing momentum...literally shown in the chart itself. Not much of an 'investment' anymore.

>> No.24763434
File: 189 KB, 979x635, meme meter.png [View same] [iqdb] [saucenao] [google]
24763434

>>24763176
found a non-fucked version from my history

>> No.24763527

yeah i'm thinking we're at the delusion stage reading this thread

>> No.24763550

>>24763527
If I can save one of you guys from buying the local top that's good enough for me. We'll have five or six more so I'll be back

>> No.24763573

>>24763423
the bull market hasnt started you stupid faggot

>> No.24763576

>>24763550
I'm buying at 8000$ in august 2021

>> No.24763674
File: 26 KB, 480x480, 1607727084244.jpg [View same] [iqdb] [saucenao] [google]
24763674

>>24763576
Based, me too. I'm not getting fomo'd into taking the risk of buying high.

>> No.24763716

>>24763576
>>24763674
I think we see 13K max lads