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2021-02-11 07:07 28420995 Anonymous (z_56.jpg 818x469 74kB)
It's starting to feel A LOT like 2017 just before the crash.
>Portfolios at an ATH
>Sense of eternal growth through just holding
>Normies talking about alts
>Celebs talking about crypto (and alts this time)
>Anons posting retarded things like 'ive found cheat codes for life'
Convince me why this isn't all about to fucking crash back down to earth?
2 min later 28421212 Anonymous
>>28420995
stimulus
banks
fiat undeniably worthless
3 min later 28421299 Anonymous
>>28420995
oh no my folio gonna crash 30% after growing 300% what i'm gonna doooo
3 min later 28421306 Anonymous
There's no reason to crash at least until the end of the year. Vaccines, work comebacks and gibs will keep everything up. Also jews doesnt want to fuck Biden first year.
Next year the problems will start.
3 min later 28421311 Anonymous
>>28421212
>fiat undeniably worthless
yeah I buy my groceries with doge and my employer pays me in rubic lmao
3 min later 28421350 Anonymous
>>28420995
i remember when elon musk bought 1.5 billion dollars in bitcoin and michael saylor shilled bitcoin to 7000 companies in 2017. shit was a bloodbath. also did i mention trillions being printed. this time is unironically different than any other time in bitcoins history
5 min later 28421546 Anonymous
>>28421350
Hey Elon and Michael Saylor did that this year too! not to mention the money printing...
how is this year any different?
7 min later 28421672 Anonymous (1598006102633.jpg 500x532 75kB)
>>28421212
fpbp
7 min later 28421683 Anonymous
>>28421350
I swear to God everyone said this last time
7 min later 28421701 Anonymous
>>28420995
my prediction is a crash just after stimulus goes out
big pump from retards with $1400 trying to copy Gamestop situation, then a week or two later it crashes
8 min later 28421777 Anonymous
>>28420995
fiat printers going brrrrrr
even if I knew the crash was coming, wtf are we supposed to do - exchange bitcoin the hardest known money in the universe for pieces of paper? Come on guy, use your brain - read a book.
8 min later 28421806 Anonymous (DCCA3D62-8468-467C-9A6C-CE8346336D29.jpg 2700x2700 340kB)
>>28420995
>could be a really nice flower
>could be the monetary exchange network and financial infrastructure of the world
Totally the same
9 min later 28421850 Anonymous
>>28421546
The difference is most of that printed money is being saved. It's almost like it doesn't exist at all. We still need to get some inflation and some growing basic interest BEFORE any crash.
The economy was "normal" in 2017 so the bubble exploded faster.
9 min later 28421854 Anonymous
>>28420995
History doesn't repeat anon. Instead of looking at patterns to see what's similar between now and then you should look at what's different. At this point we actually are starting to see widespread adoption of crypto by businesses, you have infrastructure projects for developing dapps, defi is bigger than ever...I wouldn't be surprised if there's a correction but it's not going to be a 2017 style crash. Decentralization is the future and it looks like it's finally here.
10 min later 28421990 Anonymous
>>28420995
because katy perry hasnt twitted about it
12 min later 28422155 Anonymous
>>28420995
>2017 just before the crash
Yeah, I remember November 2017 when Microsoft and Boeing announced they were buying a billion dollars of Bitcoin to put on their balance sheets, and Diner's Club and American Express announced they were setting up payment methods for Bitcoin, and Italy and Botswana announced national Bitcoin mining programs to shore up their finances, and then weeks later everything crashed horribly.
14 min later 28422347 Anonymous (1591141313789.webm 1280x720 1882kB)
>>28420995
Tulip bulbs crashed because people realized you can grow more tulip bulbs.
Stock Market crashed in the 1920s because people realized you can make more stocks.
Housing bubble collapsed because people made more houses.
Dot com bubble crashed because people made more web companies.
You can not make more than 21 million bitcoin, it will be scarce to the end of time.
14 min later 28422387 Anonymous
>>28421672
Why isn't she smiling? Didn't quite reach orgasm?
16 min later 28422526 Anonymous
>>28421350
Saylor was against bitcoin in 2017.
Elon didnt even talk about it.
17 min later 28422645 Anonymous
>>28421806
>>could be the monetary exchange network and financial infrastructure of the world
Not unless they find a way to allow transactions to happen far more quickly than they do right now.
17 min later 28422657 Anonymous
>>28422387
Her dad just finished molesting her and the stuffed animal bunny had to watch.
18 min later 28422815 Anonymous
>>28422347
>Tulip bulbs crashed because people realized you can grow more tulip bulbs.
Umm, no, the "tulip bubble" never really happened. What did happen was government interference in contracts to change the structure for the benefit of one side, which caused a financial reshuffling. And then the Christian wackos started making up all sorts of nonsense stories about people killing themselves over losing fortunes to promote the idea of "good Christian poverty".
>Stock Market crashed in the 1920s because people realized you can make more stocks.
No, it was just financial fuckups by the government.
>Housing bubble collapsed because people made more houses.
No, the bubble was caused by financial fuckups on the parts of both Wall Street and the government.
>Dot com bubble crashed because people made more web companies.
No, that was a purely speculative bubble based on a major new technology and the inability of people to figure out how to value companies that weren't actually making profits but which seemed to be growing insanely fast.
>You can not make more than 21 million bitcoin, it will be scarce to the end of time.
Well, not really, I figure humanity will move on to something else at least by the time that the Sun expands into its red giant phase.
19 min later 28422848 Anonymous
>>28422526
exactly
20 min later 28422924 Anonymous
Nooooooo
I just joined six-figure hell
I WAS GONNA MAKE IT
20 min later 28422926 Anonymous
>>28420995
It will, but it stills has plenty of room to grow before the crash IMO.
20 min later 28422929 Anonymous
>>28422347
>Tulip bulbs crashed because people realized you can grow more tulip bulbs.
Tulips crashed more because of a limited overall demand for them, that was inflated with people figuring 'i can get in now and then sell it tomorrow' creating the bulk of demand, as opposed to people who actually wanted tulips because they liked them.
20 min later 28422995 Anonymous
>>28421299
30% of 300% is 100% of original investment, you will be salty ASF
21 min later 28423015 Anonymous
>>28421683
Last time it was only a temporary dip because of Chinese New Year. The thing you're forgetting about the bitcoin cycle is the part where it adds another zero to the previous ath. When we get close to 190,000, I'll say we're getting close.
22 min later 28423116 Anonymous
>>28421306
>Also jews doesnt want to fuck Biden first year.
Wouldn't they? It's still early enough to blame orange Hitler and Biden/kamala has plenty of time to be the hero of the recovery if they want to spin it that way.
22 min later 28423183 Anonymous
>>28421546
He was being sarcastic, anon. That didn't happen back then.
22 min later 28423216 Anonymous
>>28422347
You can make more crypto ...
23 min later 28423278 Anonymous
>>28422657
The other anon clealy implied that he is aware of that, doofus.
24 min later 28423335 Anonymous (m1money.png 1163x518 64kB)
>>28420995
i'd hate to be the guy, but this time it's different.
doesn't mean you should let your guard down and go all in on the market. ride the wave but keep 1 foot out the door in case the music stops
25 min later 28423415 Anonymous
>>28423278
Oh for some reason I read it like he thought the bunny was the one that fucked her or something. Oops.
25 min later 28423430 Anonymous
>>28422347
> You can not make more than 21 million bitcoin, it will be scarce to the end of time.
What are alt-coins then?
25 min later 28423454 Anonymous
>>28422347
>Ctrl+C, Ctrl+V
26 min later 28423564 Anonymous
>>28420995
>>Portfolios at an ATH
i'm down 1.2k this year alone
26 min later 28423565 Anonymous (cover2.jpg 1139x900 124kB)
>>28420995
27 min later 28423613 Anonymous
>>28421850
Quite a good point and a nice theory - this time around, we're a bubble within a bigger bubble, and both growing. So the outside pressure on our bubble is less than it was ever before, so less risk of imploding.
However, if the outside bubble (the world economy) bursts, it would cascade down to our bubble, of course. But if and when that happens is anyone's guess. People are calling it for many years now, and it just goes on and on and on ...
27 min later 28423644 Anonymous
The sentiment is literally fear right now. Everybody is scared to bits hovering over the sell button, expecting everything to crash any second. If you think the sentiment is like it was in Jan2018 you haven't been there in 2018
27 min later 28423682 Anonymous (1583771727467.jpg 828x746 311kB)
>>28422815
occam's razor anon. A simple explanation that explains every bubble and why bitcoin has never collapsed. It is superior to a different contrived explanation for every case.
>>28422929
There's also a "limited demand" for gold, yet people invested all their wealth in gold for thousands of years. You can even see this in video games where there is a limited supply of an item. Like runescape's party hats that increase in price every year.
>>28423216
>>28423430
we are obviously in an altcoin bubble. But 90% of bitcoins that have will ever be made, already have been. Bitcoin will survive the altcoin collapse
27 min later 28423704 Anonymous
>>28420995
If it crashes down just fucking hold for a few years. There should come a point where you won't even despise the opportunity cost you'll be paying.
28 min later 28423731 Anonymous (soyboy tulipmania.png 1139x900 465kB)
>>28420995
I don't remember tulips having a steady market cycle where they pump up, crash, and then a few years later pump up to many factors higher than the previous cycle, then crash again, then pump even even higher than the last cycle, and so on
28 min later 28423743 Anonymous
>>28420995
This bull run will last all the way into fall. Just keep your eye on papa BTC. That dictates pretty much everything
28 min later 28423749 Anonymous
>>28420995
>Convince me why this isn't all about to fucking crash back down to earth?
There was like months of crazy shit like today in 2017. Look at google trends, bitcoin isn't at ATH and institutions are diving in now too. And money is becoming more and more worthless, also BTC has only 2xed since then. Alts might crash temporarily but waiting 3 years just for a 2x in ath?
28 min later 28423759 Anonymous
>>28423335
Please explain to a retard who just bought the top of GRT
28 min later 28423777 Anonymous
>>28423454
>yeah let me just copy and paste the decade of successful txs recorded on the bitcoin ledger. don't worry goy I copy and pasted so it's just like the real thing
29 min later 28423866 Anonymous
we still have a month at least
29 min later 28423895 Anonymous
>>28423777
worked for LTC kek
30 min later 28423991 Anonymous
>>28423743
I agree. Most likely it will crash mid december, as that's where the top has been the last two cycles as well. Probably triggered by changing tax laws for the next year, people wanting to lock in capital gains, and so on.
31 min later 28424028 Anonymous
>>28423759
>top of GRT
This isn't the top. Also GRT is a long term hodl, although you can't really stake it before 5k (gas fees make it not worth it)
31 min later 28424108 Anonymous
>>28421701
When does stimulus go out?
33 min later 28424227 Anonymous
>>28424028
Based GRT shill. I hope you are right, I’m got a retard stack I can’t stake cause I’m poor as shit
33 min later 28424250 Anonymous (1583510966867.png 1110x688 54kB)
>>28423731
here's your tulips bro
33 min later 28424263 Anonymous
>>28420995
i hope it fucking crashes because it's going to hit 6 figures in the next 5 years and it might hit 10 figures in 20 years. I want it to crash to 4,000 so i can back up the truck
34 min later 28424343 Anonymous
>>28423895
>21M vs 84M
34 min later 28424347 Anonymous
>>28420995
Bitcoin needs to fucking go already. Or at least some heavy restrictions on mining are in due, this shit is inflating the GPU market to an impossible level. Fuck crypto leeches.
34 min later 28424354 Anonymous
>>28424250
I can't wait until we reach the point where the 2017 peak looks like how the 2013 peak does now
34 min later 28424364 Anonymous
>>28421212
Fbpb
Fiat is still useful for spending purposes but for holding wealth it no longer makes sense.
35 min later 28424424 Anonymous
>>28420995
Youre a moron, that went on for months and months. This is the initial pump. Look at January 2017.
35 min later 28424425 Anonymous
>>28424108
IMO, it won't matter THAT much. Once people know the checks are coming, they will start spending that money. Those who have absolutely no dollar to spare will probably not risk it for funny internet money. And those who have something saved can now already invest the money they have in the mail for sure. Some might play it safe and wait until they actually have it in hand, but it's a debt society, so most will probably have no problem to spend money they not yet actually have.
35 min later 28424476 Anonymous
>>28420995
The fuck do you care if it does. I hope it crashes because I want to buy a whole lot more. The fundamental value of shit like BTC and ETH is undeniable.
36 min later 28424523 Anonymous
>>28420995
Institutional Investment
36 min later 28424553 Anonymous
>>28424263
Can't wait for the power shortages to affect places like NY once BTC reaches the three figures.
37 min later 28424633 Anonymous
>>28420995
>rappers talking about money
How is this new?
37 min later 28424634 Anonymous
>>28421212
the real redpill is that fiat is now the bubble.
37 min later 28424698 Anonymous
>>28424347
That's just plain wrong. Bitcoin doesn't even use GPUs for serious mining anymore. They've moved on to ASICs from 2018 onward. The actual reason for GPUs having ridiculous prices is just because of supply issues stemming from coronavirus meme lockdowns, as well as tariffs for GPUs kicking into effect in 2021 (they used to have exceptions from tariff laws, but those exceptions expired).
That said, thank fucking god I upgraded to a 5700xt back in 2019. The same GPU now costs at least 1200, a 3x price hike despite now being a 1.5yr old card. topkek
38 min later 28424747 Anonymous
>>28424250
>i'm gonna make 2018 look like a fucking joke
38 min later 28424757 Anonymous
>>28423430
Not bitcoin?
38 min later 28424770 Anonymous (CAD_m0.png 820x674 24kB)
>>28420995
>Convince me why this isn't all about to fucking crash back down to earth?
fiat currencies flying off the wall.
48 min later 28425719 Anonymous
>>28424343
>unsigned int supply = 84000000
done
50 min later 28425891 Anonymous
>>28424747
learn to use a logarithmic chart. $20k was 20x the previous high of $1k. current we are at not even 2.5x the previous high
50 min later 28425926 Anonymous
>>28420995
>Convince me why this isn't all about to fucking crash back down to earth?
It will but we might have a good year ahead of us
51 min later 28425994 Anonymous
Would it be a safe strategy to have stop losses setup along the way to trade into USDT? Or is USDT too unsafe if it all crashes down? Asking because I don't know shit
52 min later 28426076 Anonymous
>>28421212
fiat has been worthless for at least a couple decades, idk how much farther stimulus will get us. banks isn't even an answer lmao
53 min later 28426136 Anonymous
>>28420995
I will only lose a few hundred dollars if it all crashes so I will be fine
55 min later 28426314 Anonymous
>>28420995
then sell
55 min later 28426317 Anonymous
>>28420995
We aren't even near delusion.
Buttcorn is barely double the last runs ATH and last run the entire board was awash in green wojacks and random shitcoins doing 100X or 1000X in the span of a day.
We aren't even close yet.
55 min later 28426389 Anonymous
>>28422155
You joke but in 2017 a ton of merchants started taking btc and institutions were buying at the top. It's not dissimilar, only muh Elon and muh Microsoft make people basedface
56 min later 28426425 Anonymous
>>28423116
Everyone's sick of hearing about muh drumpf. And its clear the dems are just kicking the can as they control all 3 branches of government yet won't deliver on stimulus or the wage increase.
56 min later 28426430 Anonymous
>>28424698
Ethereum uses GPUs. It obviously needs restrictions.
56 min later 28426449 Anonymous
>>28425994
the problem with stop losses is you might just sell the bottom of a dip and then it shoots up 50%
57 min later 28426508 Anonymous
>Trading based on feel
Hey grandpa we have on chain data that literally tells us if the top is in or not
Sorry to rain on your bearnigger parade but the run is still going whether you pussy out or not
BTC is mainstream
Crypto is mainstream
Turbonormies are still scared to buy = top is very far out
Suck a dick bearfag
Can't wait for the drive-by "oh-oh b-b-but you're just a fucking moonboy" comments
57 min later 28426536 Anonymous
>>28426389
yea that never happened
58 min later 28426583 Anonymous
>>28426536
newfag
58 min later 28426647 Anonymous
>>28426449
That's true! But could set them quite low and then adjust over time. But was more curious about wether or not USDT would be shit to have in a crash?
59 min later 28426678 Anonymous
>>28420995
Not sure about alts but BTC is now a rich man’s game. They will never let that thing come back down for the normies to get their unwashed hands on
1 hours later 28426773 Anonymous
>>28421546
t. retard
1 hours later 28426783 Anonymous
>>28426583
you are the newfag and you failed to provide any example for your claim
mom and pop stores accepting btc to appear hip don't count
1 hours later 28426846 Anonymous
>>28426647
yes, USDT is not going anywhere
1 hours later 28426930 Anonymous
>Tulip
>legit just a planet
>Bitcoin
>can send it to anyone and everyone in the world
>zero government interactions
What did he mean by this? Also, when I play GTA V I love executing Boomers.
1 hours later 28426978 Anonymous
>>28426678
BTC is merely the anchor that will keep cryptocurrency in place. alts will come and go but the concept of crypto will stay in place thanks to BTC for at least a generation, maybe more and certainly if DeFi takes off for realsies
1 hours later 28427022 Anonymous
Comparing tulips to digital assets that last forever. Ngmi
1 hours later 28427054 Anonymous
>>28426389
>buying the top
they were shorting that shit to the ground
1 hours later 28427080 Anonymous (1609964542291.png 1759x478 177kB)
>>28423682
a lot of this. but also
>picrel
1 hours later 28427101 Anonymous
>>28426846
Thanks for the reassuring! Appreciate it anon!
1 hours later 28427250 Anonymous
>>28420995
3 MORE DAYS
1 hours later 28427355 Anonymous
>>28426930
>>zero government interactions
Zero what?
https://www.aljazeera.com/economy/2 021/1/22/iran-crypto-miners-cry-fou l-over-electricity-backlash
1 hours later 28427424 Anonymous (1417323907523.jpg 248x235 8kB)
i broke into a cold sweat this morning when i saw BAT pumping
i just hope bitcoin isn't affected this time around
1 hours later 28427531 Anonymous
>>28421777
Checked
This is what I have been thinking, if everything is crashing why the fuck do I want dollars they are printing so fast monopoly money might have more intrinsic value.
Keep in mind this is with lockdowns, once they are over is when hyper inflation hits.
The catalyst for hyper inflation in weimar germany was the end of the war. They had been printing a metric fuckton and it didn’t effect the economy at first because everyone was essentially the same way we are, locked down and fearful of spending. Obviously us degenerates dont give a fuck but we are like maybe 1% of the population. Once the pandemic is over all the money people have been saving is going to flood society and hyper inflation will be inevitable.
1 hours later 28427566 Anonymous (1568209337574.jpg 627x733 123kB)
>>28421311
>kiL Fed ID
Terry, is that you?
1 hours later 28427721 Anonymous
>>28422645
That's why he said could be, not will be.
1 hours later 28427880 Anonymous
>>28423682
Bitcoin can’t scale no smart contracts 51% attack centralized mining etc etc etc. altcoins will win
1 hours later 28428199 Anonymous
>>28421299
checked and he doesnt know
t. upstuck seethe
1 hours later 28428244 Anonymous
>>28427424
>i broke into a cold sweat this morning when i saw BAT pumping
This tbqh. Have been very uneasy
1 hours later 28428454 Anonymous
>>28421311
>I don’t understand how money works
Enjoy your hyperinflation once COVID ends and the extra 100% of printed fiat hits the markets
1 hours later 28428512 Anonymous
Don't sell your bitcoin even if you think the price is going to go down. Instead, buy puts on bitcoin stocks like MARA, RIOT, etc. then sell those puts for profit (assuming price goes down) and then use the profits to accumulate more bitcoin.
1 hours later 28428520 Anonymous
>>28428244
Checked. Same here. I sold out at 47,900. Even if it rockets to 50,000 it won't stay there long.
1 hours later 28428886 Anonymous
>>28423682
The pic rel strikes again. If gender and race realism aren’t the dominant ideology after the collapse there is no saving humanity
1 hours later 28428896 Anonymous
>>28427566
lol
1 hours later 28429061 Anonymous
>>28420995
Cope nocoiner
1 hours later 28429237 Anonymous (1612810058747.png 831x799 61kB)
>>28422347
>Housing bubble collapsed because people made more houses.
1 hours later 28429300 Anonymous
>>28420995
the past does not indicate the future, the internet is 50 years old and has changed all of humanity
1 hours later 28429312 Anonymous
>>28428454
i legit think this is why this rally still has room to go (shitcoins aside)
bitcoin was made to work in an inflationary environment and for the first time in a long time we may actually see one when a giant wall of fiat suddenly reenters
1 hours later 28429589 Anonymous
>>28428520
RIP anon
1 hours later 28429605 Anonymous (1593368478809seethe.jpg 96x125 1kB)
>>28426583
>newfag
1 hours later 28429691 Anonymous
>>28421212
it's not worthless so long as your banker overlords say it isn't, you think cattle cash is going away?
1 hours later 28429756 Anonymous
>>28422995
100% gains brainlet
1 hours later 28429955 Anonymous (1612836353434.png 1207x528 95kB)
>>28420995
Don't make me post it again
1 hours later 28430184 Anonymous
>>28429691
This, until they're ready for the big rugpull they'll keep inflation at a nice comfortable 3%.
I don't know if it'll be as bad or worse than 2017 but it does feel like a rugpull is coming.
>be popular billionaire
>"An extra billion sure does sound comfy"
>see crypto as bullish market
>buy crypto
>not moving fast enough
>"Hey goys! cypto is bullish!"
>goys buy up crypto making my $1000000 into $100000000
>liquidate
>profit
1 hours later 28430500 Anonymous
so today it is announced so I can officialy speak about it but we've been messaged about it since long, long time and I am working in very different branch
https://www.coindesk.com/bny-mellon -announces-crypto-custody-and-spies -integrated-services
we're not working for your regular joe so when our individual clients start to buy crypto they will have more then 99.99% of /biz users
ofc, this is mainly for hedge funds that are using us as one of their PB
I highly suggest buying some more of anything
1 hours later 28430596 Anonymous
>>28428520
famous last words
1 hours later 28430663 Anonymous
>>28430184
Elon is currently under investigation. The momment he does this it will all be seized from him.
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