Thread 60505109

BTC bulls, what is your come back forthis?

>>60505109 (OP)
It's over

>>60505109 (OP)
Bitcoin is low IQ permabull money that will be central to the beast system, so history doesn't repeat itself here. It will go higher. It must, the world loves evil.

>>60505109 (OP)
Cool bitcoin at a bargain price.

>>60505109 (OP)
You are about to witness resistance turn into support.

>>60505109 (OP)
I'm not a BTC bull
I just came into your thread to inform you that TA isn't real
you're welcome

>0.0 a bitcoin
i fucking wish

>>60505109 (OP)
Pooby
https://youtu.be/oIiBOauHjpI

>>60505109 (OP)
Looks more like the mother of all inverse head and shoulders

>>60505109 (OP)
All the previous crashes were triggered by massive fraud:
* MtGox (2013 crash)
* Ethereum ERC20 shitcoins and ICOs (2017 crash)
* FTX stealing $40B to give to Democrats (2021 crash)

If you can point to any similar major fraud this time around, like maybe Larry Fink failing to buy any BTC and instead spending all of the IBIT inflows on pushing trannies and niggers into corporate jobs, I'll be glad to dump my BTC before the crash.

>>60505128
The psychology behind a person who unironically believes this is so astoundingly twisted and pathetic, it's a level of shlock that even an 8 year old wouldn't foray into while he's playing with his action figures and imaginary friends
You're not so special that you just so happened to buy right before the permanent diagonal line bullrun, I'm very sorry to break it to you

>>60505536
Realistically what event would have to occur for this to happen?

>>60505109 (OP)
My comeback is fuck you, you are wrong, and you will only realize it once youve lost money and I'vem ade money. Godspeed.

>>60505637
0.7% of crypto holders cashing out would cause a run on every crypto bank.

>>60505618
Bybit hack exposing that coldwallets have backdoors and cause seed phrases to expire

>>60505680
That was only ETH (and shitcoins based on it), which is only about 9% of the "crypto" market nowadays. BTC dominance is over 64% now even including stablecoins.

It's not really a surprise that ETH is going down like a gay tranny in a federal supermax prison. No one really cares about it any more. Back in 2017, with all the shitcoins setting up as ERC20 tokens, there was a widespread belief that ETH was going to overtake BTC and cannibalize the whole market.

>>60505637
There have been flash crashes on individual exchanges that hammered BTC by over 80%. BitMEX apparently had one last year:

https://www.coindesk.com/markets/2024/03/19/bitcoin-flash-crashed-to-89k-on-bitmex
>Yes, you read the title right. Late Monday, bitcoin suffered a brief crash to as low as $8,900 on cryptocurrency exchange BitMEX, while prices on other exchanges held well above $60,000.
>
>The slide began at 22:40 UTC, and within two minutes, prices fell to $8,900, the lowest since early 2020, according to data from the charting platform TradingView. The recovery was equally quick, with prices rebounding to $67,000 by 22:50 UTC.
>
>Throughout the boom-bust episode on the BitMEX's spot market, BTC’s global average price was around $67,400.

>>60505618
TradFI and Saylor and all the crypto IPOs are bearish as fuck. Once in my life I'm happy to be old and remember how it was before the dotcom bubble. Tradfi investment in internet companies and IPOs....and Saylor.

>>60506026
>TradFI and Saylor and all the crypto IPOs are bearish as fuck.
How so? Saylor is up 50% on his buys. What "crypto IPOs"? Coinbase is roughly at its original IPO price, which isn't great for people who jumped on the hype wagon on the first day, but is pretty normal for any stock -- the IPO price is almost always too high.

>>60505618
soon russia will have to dump all its bitcoin just to survive

>>60505109 (OP)
This time is different

I just redraw the lines to fit my bias, ez

>>60505109 (OP)
>>60506182
here
Your response?

>>60505109 (OP)
the last dump was orchestrated by institutions. They want you to lose your coins.

>>60506048
>What "crypto IPOs"?
HOOD and COIN IPO in 2021 during the height of the crypto/stock market bubble to capitalise on liquidity and fomo.
So far this year, you have Circle, WeBull and Etoro IPO or going SPAC, Gemini will be filing for IPO later this year as well. Also you have numerous companies adopting the bitcoin treasury strategy by leveraging debt to buy BTC, leveraging debt and pumping their stock to dump on retail.

>>60505109 (OP)
>linear scale
mfw

>>60505109 (OP)
My response.

>>60505691
Only eth, not the shitcoins based off fo it
Eths total ecosystem marketcap is a lot higher than 9%.

>>60506312
>>60506717