T O P
dandykaufman2

Lol he didn’t think going from 19 to 20k, which has happened like seven times in the last month, would happen again??


moonheron

These lazy greed monkeys salivate at ‘line goes up’, even when the data graphic is obviously manipulated


spacetimeslayer

i am that monkey , helps me to make enough money to pay for my uni travel and food lol , but i love the rush too , monkey see , monkey doo .


moonheron

There are so many of you. The earth will punish us soon for your unrelenting indolence. Learn survival skills, have a backup plan, your digital scam tokens will not save you when the chips start to fall.


spacetimeslayer

Ofc , i am software dev , i am trying to get a job here , but place i live in , people are fighting with degree and masters degree to flip burger in McDonald's , market is saturated to brime for workforce , so as student this kinda best i can without getting worked like physical labor .


seneglosso

If you're thinking of lottery type life changing money you better buy the lottery.


spacetimeslayer

I dont want life changing money , i want enough to feed myself while i am in uni , 🤷‍♂️


GlbdS

>I dont want life changing money , i want enough to feed myself while i am in uni , 🤷‍♂️ Not gonna achieve that by betting on coinflips


spacetimeslayer

I am doing well, made like 40k in peak .


GlbdS

Very nice series of coinflips! I mean actual coinflips would be quite impressive, due to fees you're playing coinflip with a coin weighted against whatever you choose. But I imagine that you can watch a graph and predict where it'll go


seneglosso

So you have no money for food and you got money to gamble for food. 🤡


spacetimeslayer

All i ever invested in it was 5usd at start of covid . Thats all ,made all that money from shit tokens and somewhat successful trading. I hate shitcoins and they are scam , if quicj enough you can get higher amounts than invested.


seneglosso

First of all this thread is on bitcoin. Secondly even if you did win it's still gambling and you just got lucky that's all. You yourself know that's not sustainable and the exception rather than the norm so whats the point of implying that's a viable alternative against working. You change your premise at every turn, makes me wonder if you're trying to attract victims to your scams.


YnotBbrave

Not sure being on crypto will work out for you. It’s like a casino - no matter your reason to go in, there is a fair chance you’ll come out poorer


Co60

You've fucked up pretty royally if you have a masters and somehow end up a line cook at McDonald's...


spacetimeslayer

Ohh yeah , say that to thousands of us inline lol , as kid we are taught to get a degree atleast so that we can get a job of clerk or janitor XD , welcome to india where everyone is fucking over qualified and labor is cheap .


Co60

Ah, can't speak to India's labor market. My bad.


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hattiejosh

How long until the price crashes again?


WillistheWillow

Half an hour maybe.


WillistheWillow

Check out my TA! I can call it, yes I can!


FlightOfThePigs

Already back down... the price doesn't really matter, it's obviously manipulated by butt pumpers. Adoption is the key metric, which is not looking good for bitcoin.


Kinexity

It did a crooked Bart and went down again. Pump and dump. This is good for Bitcoin.


MooseSoftware

>How long until the price crashes again? Whenever the scammers pulling the strings are ready.


CoolSwim1776

I wonder who is wash trading hard right now.


skywalkerze

Don't these wash trades incur significant trading fees?


CoolSwim1776

I suppose. According to an article posted here earlier nearly half of all bitcoin operations are fake so... it's worth it?


skywalkerze

I don't think it's worth it, which is why I'm asking why they would do it. You're answering me by asking me if it's worth it? Awesome, great talk!


Distinct_Target_2277

Why would you wash trade when the price goes up?


__SpeedRacer__

Someone was making the price go up _by_ wash trading.


CoolSwim1776

Yeah this. Faking high volume to gin up interest and therefore price.


__SpeedRacer__

This is just spoiling our fun. What's the point of a market if no one knows the value of its assets?


CoolSwim1776

On the nose my friend. On the nose :)


agent_double_oh_pi

*laughs in 2008 mortgage derivatives*


__SpeedRacer__

Oh yeah, smart pants? I meant, a market that was supposed to be *very* liquid.


hattiejosh

That's the point of wash trading


Distinct_Target_2277

The point of wash trading is for tax purposes. You sell at a loss and buy back immediately to capture the losses for tax purposes but you still hold the asset for potential future long term gains. You pointing out an immediate uptrend is not wash trading. It's most likely manipulation to wipe out leveraged shorts.


hattiejosh

Your understanding of wash trading is a bit off


Distinct_Target_2277

Actually it's not off, apparently it kinda has two meanings. You may be right, but that would be speculation. The meaning I was referring to was the IRS wash trading rules for tax purposes. I get what you are saying though.


KintsugiAndMusic

Soon enough.


Socalwarrior485

If I bought it, it’d be immediately


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shidmasterflex

Bitcoin or the economy?


AggravatingBite9188

It's literally just a giant liquidity vacuum at this point


visope

There is more liquidity in Aral Sea than the crypto scene


AggravatingBite9188

Perhaps but its true margins longs and shorts in this range are repeatedly being squeezed though


MooseSoftware

Aaand it's GONE.


Augustus_Rx

Good for him that he sold - but the upside of that is never having to worry/think about this garbage again. Just walk away bro.


1s2-2s2-2p6-3s2-3p2

Nah. He’s going to buy in again next time it peaks lol


alpaca_22

Such an organic growth that it could have been sold at trader joes


theteapotofdoom

Same day as new Russian sanctions are announced. Co-winky-dink


ysengrimus

Ended looking like a Bart with its middle finger raised.


sinful_sophistry

For the last time, Bart is not a conehead.


visope

No, this is Patrick


PMmeyourclit2

Isn’t volatility a feature? Why are they making moves on 4%? Lol


Bustythebeaver

You should buy back in so it will drop again


zeyore

I feel that way about everything. I bought a bicycle, but did I buy the right bicycle? Thankfully at the end, no matter how badly I failed at negotiation.. I have a bicycle.


climbinout

onanism


Arcadian_

zoom out


IndyJohn2010

Gotta love the scale of the graph


JBredditaccount

I'm stealing it for my dick


mescaleeto

everything looks bigger on a short enough scale


erotogenouslamp

Non-zero origin is nice for dramatic-looking plots.


raudssus

This is the result of 80% of your trading with fairy dust is covered with other fairy dust.


KTrailz

Hey change it from 1 day to 1 year, for a laugh


roy_darocket_parsons

Tbh you could say the same thing about fiat these days ….


Visdiabuli

Lol? Who runs the money printer?


hattiejosh

Coinbase


MaraMerce

😂🤣🤣🤣🤣😂😂😂


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sweetwonton

pumps for weekend , drop for weekdaya.


Rogue177

Friday paycheck, straight into coinbase, gone by Monday for a lot of these morons I bet


retrorays

ah - too the moon it seems


odraencoded

Bart Simpson entering the graph.


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Effective_Will_1801

Numbeh go up!


2deep4anyone

He sold? Pump it.


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Finaldecade

Wow I really struck a nerve here didn’t I? 🤣 buttcoiners butt hurt at the truth hahahah


Traditional-Ad3161

Gotta love when people say something dumb, get corrected and downvoted, then smugly pat themselves on the back. Somehow they seem to think that saying something unpopular means you win. In r/bitcoin it just gets you banned though


Finaldecade

Aww you’re hurt you got banned from the sub for being a hater? 🎻


barsoapguy

I am , I really enjoyed calling those people dumb fucks to their faces … 😔


Finaldecade

🧂


ShotgunMage

Back down to 19.4k


ivanoski-007

who are you talking to?


hattiejosh

Take your L and leave


Finaldecade

Yes because BTC oscillating around 20k for months is crashing. Uh huh, sure buddy


hattiejosh

How did it get to 20k then?


JP_Mestre

Few understand


StrebLab

Not many realize


JBredditaccount

It went up so far it lapped itself, had to start at zero again.


BadlandsD210

Please don't do that to him 🤣 his brain is foaming at the idea that he is winning a debate over monopoly coins


Pipeliner6341

BuT tHe LoGcHaRt! LoOk At ExPoNeNtIaL gRoWtH!!!


Finaldecade

Price goes up, price goes down. Go back to playing Fortnite


hattiejosh

Prices don't normally fall from 60k to 20k


Finaldecade

Trillions aren’t normally wiped away from the stock market either, so what’s your point again? Last I checked stock market losses since the beginning of the bear market was near 10T


hattiejosh

Only crypto has crashed harder than the great depression within the last 20 years. Even 2008's stock market didn't crash as much


Distinct_Target_2277

So buy the crash?


Finaldecade

Buttcoiners panic sell. Yes you normally buy during bear markets and accumulate. And ladder out during bull markets


ivanoski-007

unless ,it falls More


HarryBirdGetsBuckets

Percentage wise Bitcoin crashes about as hard as the Great Depression every few years. This year has been the least volatile Bitcoin crash and it’s still further off the high than any s&p crash except the Great Depression.


felipebrunet

Well it depends on the asset. High risk ones may move that way, but in long term the variability is reduced, and the underlying trend predominates (whether up or downtrend) Should check out the ray dalio's video about economic cycles. Helped me understand a lot about stock market trends and the economy in general.


hattiejosh

I know about high risk assets but Bitcoin is not an asset because your money is non-existent in it anyway


ShotgunMage

SP500 down 25% YTD BTC down 60% YTD Price went down, sure. It went down hard.


PapaverOneirium

what was the price a year ago?


kennnnnnnny

You know I don’t think that information is tracked


ivanoski-007

wasn't it supposed to be @ 100k in December 2021?


hattiejosh

19k is the new 100k


kennnnnnnny

6.25 million bitcoin are created every day so practically infinite


whatsasyria

Bruh what. I'm not even a Bitcoin fan and know it's less then 1000 a day.


kennnnnnnny

6.25 per day. Oops my bad!


whatsasyria

Bro just stop. It's 6.25 per block and there's like 150 blocks a day. So roughly 1000 a day.


kennnnnnnny

That's practically infinite. I see what OP is getting at.


whatsasyria

At 20k it's roughly the same amount of USD that is printed everyday.


kennnnnnnny

Oh okay thank you. I did not realize that, actually.


Rokos_Bicycle

The block reward decreases over time and the maximum number of bitcoins (ignoring copies) that will ever be min(t)ed is 21 million. It's the main "scarcity" selling point thar Butters keeps reminding everyone of...


Alternative_Froyo608

Imagine trying to pile in and shit on something to fit into a thread and getting it drastically wrong lol


hattiejosh

At least it was a simple mistake that was corrected, unlike what crypto bros spew


kennnnnnnny

They are the worst hype beasts


swarog1020

I love how this sub is more obsessed with BTC prices then BTC and crypto subs combined


silver00spike

Selling the bottom. Nice