[a / b / c / d / e / f / g / gif / h / hr / k / m / o / p / s / t / u / v / vg / vm / vmg / vr / vrpg / vst / w / wg] [i / ic] [r9k / s4s / vip] [cm / hm / lgbt / y] [3 / aco / adv / an / bant / biz / cgl / ck / co / diy / fa / fit / gd / hc / his / int / jp / lit / mlp / mu / n / news / out / po / pol / pw / qst / sci / soc / sp / tg / toy / trv / tv / vp / vt / wsg / wsr / x / xs] [Settings] [Search] [Mobile] [Home]
Board
Settings Mobile Home
/biz/ - Business & Finance

Name
Options
Comment
Verification
4chan Pass users can bypass this verification. [Learn More] [Login]
File
  • Please read the Rules and FAQ before posting.

08/21/20New boards added: /vrpg/, /vmg/, /vst/ and /vm/
05/04/17New trial board added: /bant/ - International/Random
10/04/16New board for 4chan Pass users: /vip/ - Very Important Posts
[Hide] [Show All]


[Advertise on 4chan]


File: bee.jpg (46 KB, 500x770)
46 KB JPG
Are we fucked?
Overly obsessed retail cryptofags like (You) and I seem to be predicting a top of around 150k - 180k. If the bottom was 60k, is 3x MAXIMUM all BTC has left in it? And that's assuming the top doesn't get frontran by ETFs like the bottom did this time.
How many cycles does BTC have left before the bottom to top is a 1.1x multiple? Without clownish volatility and reliable recovery who will even want to touch this garbage?

More importantly what chance do any of us leftover retards have of making it with Bitcoin alone? If you're not already a millionaire then it isn't even possible to make it this cycle with just buy and hold. I also get the impression that much of retail currently watching the price was under-exposed or is still desperately hoping for a new low in October.
What do we do? Pray for an Alt season and normie interest in this cycle? Will some Altcoin step forward to be the new king of free gains when grandpa Bitcoin retires? Or are you hoping that continued easing BTC regulations will start the golden bull run to rape gold for half its value and go to 500k-1M?
>>
>>62624749
I aint reading allat but the dollar is dead. The president of the United States of America came on National TV to promote a shitcoin. No one cares about the dollar or bonds anymore apparently and that's that.
>>
>>62624991
I accidentally poured custard instead of lemonade into my drink because I was thinking about how noone replied to my thread. I agree there are too many words in my OP.
I can see why you're optimistic but I was thinking more about the future past the current cycle - we might have an entirely different retard in office by then.
>>
>>62624749
If we get a top of $150K then I'm a millionaire (again, like I was last summer).

Fuck Trump for destroying last year's Uptober.
>>
I used to hear anons complain about bitcoin only being a 2x. So complaining about a 3x it's pretty funny.



[Advertise on 4chan]

Delete Post: [File Only] Style:
[Disable Mobile View / Use Desktop Site]

[Enable Mobile View / Use Mobile Site]

All trademarks and copyrights on this page are owned by their respective parties. Images uploaded are the responsibility of the Poster. Comments are owned by the Poster.