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08/21/20New boards added: /vrpg/, /vmg/, /vst/ and /vm/
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File: 1761301134519247.jpg (458 KB, 2912x2912)
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>He was waiting for it to go lower
>>
>>61853254
Its gonna go lower bro.
I hear everyone and their mothers talk about how its going to 40k. Thats how bottoms works bro, price goes to retails bid price and then goes back up. 40 guaranteed bro.
>>
>>61853254
i think 55k is possible
if you think it isnt you are probably a coping baggie
>>
>>61853274
550k eoy you mean
>>
>>61853274
Everyone is saying that. Go to twitter and every saying its going to 40k-50k guaranteed. So it either already bottomed or is going to 20k-30k.
Unless you think retail will magically buy the bottom this time.
>>
>>61853288
maybe in 2030
what would that be? like 14T mc? it could happen but the economy would have to be huge.
>>
>>61853291
Or they massively devalue fiat
They never, ever, ever, ever do that tho
>>
>>61853254
the bottom isn't until saylor sells i don't give a fuck if it goes to 200k first it's going below 8k
>>
>>61853273
>I heard it through the shit stains on my underwear bro. The numbers were formed in slippery poop. That's how it works bro.
>>
>>61853254
Just a quick 4 month bear market then back to the bull

The bull is still on!
>>
>>61853332
this (and he defo gets cucked before 8k)
>>
>>61853338
been bear market since 2024 december retard
>>
>>61853332
>>61853348
Saylor has no liquidation price, that's a myth
>>
Man, it's been a week, and we haven't even retested low 60s yet, no real point in calling bottoms yet
But gut tells me that we are close, 60+/-10 seems fair, unless we get some macro shenanigans, so I guess 30-40 could happen
>>
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>>61853273
> everyone and their mothers
>>61853289
> Everyone is saying

If you think this is how to make money, you're ngmi.
>>
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>>61853254
btc is where its been in 2021. thats 5 years ago. even with the volatility it couldnt outperform boomer etfs like spy. you see this chart and what would motivate someone to invest into it? genuinely interested. the times of 100x are all long gone, you have better luck betting on stocks.
>>
>>61853354
Maybe for stinkies or other retards like that. Every decent coin has had an ATH in the last 6 months lol
>>
>>61853435
This is how a crypto cycle always works. Crypto continues to outperform all other assets and there's nothing you can do about it lol
>>
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>>61853457
outperform? what the fuck are you talking about? It couldnt even outperform motherfucking spy or blue chip stocks like google in the last 5 years.
>>
>>61853430
Yeah bro youre gonna get ur perfect entry like the rest of the golems on twitter.
Have fun buying back in at ath
>>
>>61853254
I know you retards are joking, but it's actually going lower. I will start buying in October when it's $30K - $40K. Yes, it will bottom exactly like it had in all the previous cycles.
>>
>>61853254
>hur de dur, ratio is shrinking so new low will actually be high $
It really is going to 0 isn't it.
No worries. Justd. Roll it.
>>
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When big traders make really big trades, they do this:
Buy billions and billions in bonds and forex steadily over long periods of time. They unload at obvious blow off tops. They only buy into declines and retracements, because they need huge liquidilty. They take profits. They don't shout about it. They don't have stops or public levels where they are in trouble in the market, because prices will go to those stops.
Does that remind you in any way of facebook king Crapto Saylor?
>>
>>61853624
Even at those prices it's hardly worth the risk anymore. BTC at 40k means you can maybe 3x your money in the next couple of years. That's nice and all, but you can get lots of 3x opportunities in the stock market for far less risk.
>>
>>61853655
Name 3 stocks that might 3x.
>>
>>61853254
if that chart holds the trend. the actual bottom for bitcoin this year will be $38,000. -70%
>>
>>61853254
>The historic crashes all took 1 year or longer (2 years for the first one)
>I'm glad this one is over after 4 months.
Anon...
>>
>>61853661
yeah and then it will be double the ATH the year after. you going to stay poor forever and be a pussy or actually invest this time?
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>>61853671
nig, what the fuck are you going on about?
>>
>>61853675
every single crash has resulted in a recovery beyond ATH. you dumb or something? if you buy now you double your money when we return to ATH. show me another asset class that will double your entire net worth in less than a year.
>>
>>61853659
Right now you'd probably have to wait for a correction where the S&P500 goes down 10-20% like last year to get some screaming deals that will 3x, but even right now, I think if you bought blue chip tech stocks that have sold off a lot, like Microsoft, Amazon, Netflix or Meta at the current prices, you will 2x your money faster than if you bought BTC at 65-70k.
>>
>>61853681
>less then a year
this ur first bear?
>>
>>61853273
whenever it's "everyone and their mother" it means it's not doing that.
>>
>>61853254
Give me a single reason not to wait for -70 at the very least you're contradicting yourself in your very data
>>
>>61853681
are you partially or fully retarded? find where the fuck I said it wouldn't go higher. You dumb negro. there's ZERO fucking education or reading comprehension in whatever ghetto you live in. jesus fucking christ.

anyway, enjoy buying now as it tumbles in the summer and early fall to $38,000. I'll scoop up on October 19th.
>>
we dumped -53% coming off by far the weakest btc "bull". that's a proportional dump. I don't even want to mention alts because they're already below 2020 levels.
>>
>>61853254
>they think it's over
>>
>>61853685
Alright, I'll take your word for it. Thanks.
>>
>>61853273
Nah, once we go above 70k, that's likely it, we won't see a number starting with 6 again until 600k
>>
>>61853254
Tamer bulls = tamer bears as we become a more mature asset class we get lower volatility. Bobo niggers fail to understand
>>
>>61853288
What is the current use case of Bitcoin besides money laundering?
>>
>>61853646
Rare intelligent comment
>>
>>61853354
Of course! Bitcoin always makes a new all time high in the bear market
>>
>>61853273
This. 40k is programmed and we have an entire year to reach that level
>>
>>61853985

look at that retard
heavy bags and cant dump them....
>>
>>61854029
Transfer of funds.
>>
>>61854029
There is a bunch of other old methods to laundering money. One of them is war an space exploration for example.
>>
>>61854029
making me rich
>>
>>61854029
Ask Venezuelans, Russians and Iranians
>>
So is this what baggies sleep to at night?
>>
>>61854029
Monetizing excess energy runoff
>>
>>61853254
trend sets it at 60%~ if the pattern holds
>>
>>61853646
now explain it like I'm 5
>>
>>61853254
Needs to go lower for my sake
If it reaches 50k I'll be able to buy a whole coin
>>
>>61853488
Let's see the 5 year returns after the ai bubble pops
>>
>>61853254
>Dont sell
>>
>>61853254
thats exactly right
87-84=3, 0
84-77=7, 4
77-45=32, 25
>>
also, i dont look at ath as a single datapoint, but rather an avg of them.
>>
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>>61853254
>>61853273
>>61853289
If we would have had a euphoric blow off top this cycle and plenty of alt projects to go around, I would have said a bottom of the previous ATH of 50-60k. But considering alts didn't do shit and bitcoin had one of its weakest cumshots in its history, I think we'll probably see 40k, and wouldn't surprise me to see 20-30k. I can't think of any bullish narrative. Anyone who has money to burn on investing in novel tech is focused on AI, the 'store of value' meme proved wrong considering gold has performed roughly the same or dramatically better since 2018, there are far better privacy coins like monero if you want to buy drugs, etc.

So where exactly is this huge surge of of buy pressure suppose to come from? We had institutional adoption, bitcoin ETFs, and it's even been shilled by the president, but it still couldn't break 150k. No fundamental thesis, it's just become a "line go up" cult at this point.
>>
Let wait until December.

I am expecting at least a 60% drop. Then crab with a few false bullrun until 2029. The next ATH will be just 170k
>>
>>61854755
>gold has performed roughly the same or dramatically better since 2018
It hasn't though
>>
None of you niggers are factoring in the crypto assets bill
>>
>>61854497
Thank god the bitcoin bubble is never q bubble, bitcoin has so many fucking uses and has been around for 14 years now and is a miracle to the financial world, a true cornerstone and founding part of all economies
>>
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>>61853624
This. Same plan anon. Oct-Nov is the bottom.
>>
>>61853254
>it's different this time
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>>61854832
it has if you know how to read a log chart. Look at the pic I posted again and tell me which one has the steepest slope.
>>
>>61853289
Retail sold the top tho
>>
>>61855847
>special chart reading skills
Nigger that's stupid. Gold did a 4x, btc did an 11x. I don't need a chart of any kind to know this.
>>
Anyone sick of the rotten jewish punks who post on 4chan?
>>
>>61853254
>68 replies
>no-one pointing out that a drop from 126208 to 63085 is 50%
Should stand out like a sore thumb to anyone with an IQ above 120. /biz/ got filtered



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