If you think we are not nearing the top of the bubble you are tricking yourself.
I kid you not, everyone and their dog is now a crypto expert. When normies get in that is the time to GET OUT!
Not even fudding, make your own decision here, but don't say anyone didn't warn you. If you think i'm trolling, ask 20 normies if they know what ethereum is, NOT BITCOIN, ethereum. There can only be so many buyers left once we hit this stage. People are getting scared in a lot of trading discords like so. Image related, the laggards hop from one bubble to the next, pay close attention to what's going on around you.
once it's mainstream, there will be an even stronger price raise and only then you gotta watch out for the overbuying crash
Sebastian Lopez
crypto is my life, but you really have to be pragmatic in these times and can't let tunnel vision affect you.
trade it don't date it
William Allen
agreed
Anthony Diaz
You people are really starting to piss me off.
Charles Wright
should we all just drink the kool aid and pretend crypto will just go up and up forever?
i'm no fiat fanboy but we've already seen the dot com bubble, people thought that'd last forever too...
Xavier Nguyen
up to you though man, your choice
Caleb Evans
Where do we hop from here when the time comes?
Aiden Garcia
lurk Veeky Forums Veeky Forums and blackhatworld, the second you see an opportunity that everyone thinks is wack, go ham on that asap
Henry Diaz
>normies get in that is the time to GET OUT >16.7m btc wallets, aka .002% of the population whew those normies are going crazy about btc huh
Nathan Hill
even if every normie knows about bitcoin it doesn't mean every single one is going to buy it
this is actually bad because lets assume all those wallets were real people, which they aren't its mostly just alt wallets, even though it is being shilled so hard on MAINSTREAM media only this little people would still invest.
not many buyers left...
David Nelson
Most of my irl conversations with normies go like this: >Mention something about cryptocurrencies >"what?" >"bitcoin and stuff" >"ohh" They only know bitcoin and still think they can 100x their investments from it in the near future, I think we're good for another year or two till more altcoins go "mainstream".
Jacob Cox
Normies all know about a crypto. They know they could be making millions. But they don't even know how to set up a coinbase account yet. And then once they do they don't know how to differentiate the real projects from the scams. Then they don't know how to read chart. They don't understand how exchanges work. They don;t understand how wallets work. We are 10 years away from the normie bubble. I base this on average IQ and their ability to learn in their off time between wagecucking, bars, and game of thrones. Again, it is going to take years for them to figure this shit out. This is why only the NEETS are here first after the the top 2% of IQs. NEETS have all the time in the world to study charts and have no social obligation to get in the way.
Brandon Torres
>lots of wallets look everyone has already invested, this growth can't continue. better get out. >barely any wallets look no one is investing despite all the attention, this growth can't continue, better get out.
Thanks for your concerning insight that there "aren't many buyers left". I think I'll keep holding until a little more than .002% of the population has some crypto though. I know it will be hard to find more buyers when we already have so many but I believe in the concept.
Jason Parker
very true
agreed
i agree as well, maybe i was over exaggerating
Jonathan Powell
a lot of normie knows its pyramid, kek best of luck to ya
Ryan Robinson
this they are too stupid and too preoccupied with their normie lifestyle bullshit to put any effort, they will wake up eventually, but buying 1btc is gonna be out of the window for them at that time, they will desperately send their id scans on any fucking exchange in hopes of buying a few satoshis and we're all gonna be comfy retired
Adrian Lewis
THANK YOU SKELETON
Robert Russell
so true
maybe
Xavier Carter
but what if everyone thinks its a pyramid scheme and its still rising? would it be a reverse scheme? maybe because everyone who doesn't even know a thing about BTC thinks its a pyramid scheme its actually more safe as no stupid people get to buy it. And maybe even the best reason, even if BTC holds the same value, the dollar WILL fall as BTC has limited supply whereas dollars are printed just for fun it seems
William Torres
the skeleton arises
very very true
Christian James
Every exchange works almost exactly like stock exchanges. Normies and boomers use those for their retirement funds. Coinbase is as simple to use as buying something on Amazon.
Normies know about crypto and they could easily get into it. They just don't want to and that is the problem. There's only something like 20 million bitcoin wallets in existence. That's miniscule compared to what it could be
Chase Ross
>Normies and boomers use those for their retirement funds. They might be invested in stocks but they won't be placing the trades themselves on an exchange. I work in finance and have plenty of co-workers who are more financially savvy and tech savvy than the average normie but most of them have no idea how to get started. And the one co-worker who has got into it, I had to show him how to do shit on bittrex
Joshua Sanchez
uh oh
debatable
Evan White
>SELL NOW EVERYONE ALREADY BOUGHT IN
>SELL NOW BARELY ANYONE BOUGHT IN
schizoid much?
Sebastian Nguyen
what do u mean?
Andrew Turner
We have a ceiling we can't break and a floor we can't break. I have no idea what the fuck to think right now and I have no idea where to put my money
Owen Jackson
Going off this. Even the stock market isn't really mainstream. Those normies who do hold stocks usually pay a company to invest their money for them and they're the minority of people. They don't even know how to actually invest in the stock market let alone these magic coins.
Joseph Murphy
agreed, this might be the top
darn
Mason Richardson
The stock market is pretty mainstream. Apparently over 52% of Americans owned stocks in 2016. If even 1% of Americans owned crypto I would be a millionaire.
Landon Barnes
There can be no bubble until payment processing is ubiquitous.
Anthony Taylor
very true very true, maybe we really do still have time then!
Jayden Nelson
>Apparently over 52% of Americans owned stocks in 2016. This number astonishes me.
Blake Moore
same, that really is insane man
agreed, payment processing is where we need to head
Leo Martin
Confirmed that my social life is now non-existent thx to crypto
Thomas Gutierrez
What the hell. Something has to be off here. Why can't I find a stock owner irl?
My assumption is most people have experimented with their companies stock purchase plan one time for a month then undid it but never sold their two shares they had bought through it
John Sanders
70% of Americans have less than 1k in their savings accounts.
Gabriel Baker
yeah dude this rich dork entrepreneur is a "normie"
most people still don't know what the fuck fake internet money is and guess what the price will only go up more when they find out
Levi Foster
Does a 401k count?
Daniel Reyes
I think most people with salaried jobs are smart enough to use their company's 401k plan, but not smart enough to carry conversations about stocks irl. That and they might perceive it as unclassy to talk about, just like they frown upon talking about how much money you have.
Connor Bailey
agreed that's very true
maybe desu hard to say
agreed as well only a matter of time
wow that's a very interesting fact
lol same i cant find owners as well
its ok man trust dw
Jaxson Cook
newfriend here, what do I invest my only money into? LTC or BTC? I don't want to end up in retail
Justin Brown
some coins will come through just like some .coms did x
Adam Peterson
>And the one co-worker who has got into it, I had to show him how to do shit on bittrex What the hell, man? Bittrex says bid and ask right on there. What kind of dipshit financial operation are you working for that it wasn't self evident to everyone who works there?
Joseph Diaz
BTC, it's the most safe rewarding coin out there.
I also found a step by step guide that tells you how to invest in BTC, hope it helps!
this place is 50% normies already, by the time it hits 90% and I see nike hodl memes everywhere i am out.
Brayden Watson
"Hey guys I have been here for 2 months and basically I'm a pro now and I'm telling you to sell"
These retards actually exist, just as bad as the boomers clinging onto metals from earth to see the bigger picture.
US stock bubble (US, not worldwide) reached 6.7 trillion
Worldwide crypto currency bubble will surpass the US stock bubble.
>Units of a company that are essentially just paper, or programmable, transferable decentralized wealth built for the rapid exponential expansion of humanities financial technology sector.
People like OP don't even have 1 BTC, are you really going to let some Reddit asshole make you sell your future retirement? I don't think so.
>Pic related
Jason Ortiz
...
Juan Scott
Nice meme man, bitcoin is totally cool.
#bitcointrader #smartmoney #starbucks
Lincoln Phillips
I'm dumb, what is this pic's relevance towards cryptocurrencies? Are you saying you believe they'll keep raising? We're in the beginning of "late majority" of your chart now
Nicholas Clark
If Normies and media attention meant the end of the bubble then it would have all been over in 2012 Calm down
Austin Perez
>Malcolm Gladwell >Science
Hudson Cooper
>mahbbubblel its ogreee
Julian Long
>becomes global e-commerce currency you'd have to be retarded to believe this will ever happen
Bentley Perez
You are dumb yes.
Do not try educate other retards for the sake of humanity.
It is clear as day we are no longer the innovators but the adopters of all these new coins. Late majority implies these coins are well established in the mainstream, which is clearly not the case.
I am saying the market is current not even 200 billion, a worldwide market, compare that to a US bubble of 6.7 trillion.
If you wanna let your distorted perspective of a bubble stop you from participating in the real bubble by all means, watch from the sidelines and be proven wrong.
Jace Sullivan
i cashed out 10% of my investment, if it crashes to 1000 I would increase my portfolio by 30%
I wouldnt mind
Carter Hall
>When normies get in that is the time to GET OUT!
>Getting closer every day to mass adoption for our new currency. >Time to get out
Are you fucking stupid, man? Mass adoption is what we want. That's means more money comes in and price goes up. Count yourself lucky to get in this early.
Wyatt Nelson
>16.7m btc wallets, aka .002% of the population It's even worse than that, user. Something like 60% of all bitcoin is owned by 20k wallets. 90% of all bitcoin owned by 100k wallets. In other words, there really are no network effects. Not enough for a "global currency" anyway. Right now most bitcoin is only used to buy other coins and tokens on exchanges. Once decentralized exchanges take over bitcoin evaporates.
Kayden Baker
i love all these professional analysts telling me what to do. indubitably very qualified and definitely not teenage NEET fucks. carry on.
Aiden Adams
But how much is the technology/idea behind bitcoin actually worth in your opinion?
Connor Sanchez
Mass adoption would mean BTC is sitting at millions per coin.
How many people you know that actually owns 1 BTC?
Stop the fucking presses.
Isaiah Richardson
Thank you money skels
Henry Torres
Crypto and blockchain are here to stay and if you can't see that you're a fuckin noob
Luis Hall
tons
he arises
smart
been in this for a year now
agreed
Isaiah Flores
If anyone one actually believes this is the top of the bubble please gtfo from Veeky Forums, Reddit is more than happy to listen to your autism.
I have frequented Veeky Forums for over a year now and to suddenly have to listen to you newfags telling me what is going to happen is sickening.
Mason Lewis
Let's get some things straight, in order for a market to reach critical mass it has to go through a tipping point. Basically where social proof is needed to confirm the legitimacy of the market.
I agree there is a LOT of hot air right now, many coins are destined to fail simply through being inviable. However not all will suffer the same fate. Mass adoption relies on social proof, which is what we are trying to archive right now. The next 2 years will determine whether this is a fad based on scarcity or a real source of value.
Don't come here posting bubble posts when ever the market turns red, when you cannot even bring a valid reason besides from "normies" buying in, which despite your naivety, is a good thing for network effects leading to social proof we so desperately need.
Brandon Nguyen
Just because everyone on the chans knows doesnt mean normies know. Once we see amazon.com taking crypto and we have the same hysteria we have reached peak bubble, otherwise we are just gearing up for another bull run.
Chase Cook
People have been saying we're near the top of the bubble since BTC got within $3k. So when are we actually at the top?
>When normies get in that is the time to GET OUT!
We aren't even close to having major normie adoption yet
David Lopez
And when Normies get in that's the perfect time to ruin them all Some people just don't get it.. crypto is out opportunity for power gains as well as financial gains but some anons don't have the bloodthirst
Easton Davis
Sounds like time to buy then. I predict the amount of people holding bitcoin will DOUBLE by xmas.. driving up the price. If we were in a bubble, it would be $125,000+ for 1 BTC.
the chinese are buying it up cheap.
all you suckers just got dickslapped.
Alexander Harris
we are not even a blip on the radar compared to the tech bubble. This can't be a bubble. The figures don't add up.
Carter Cook
Have you been watching the charts this past week at ALL?! Clownshoes asshole
Christian Lopez
tfw I have 200k in crypto. And 5k in fiat across like 4 accounts.
Jason Taylor
We're all going to be excessively rich anons, along as you already have more than $15,000 (kek newfags)
Dylan Morales
>the figures don't add up
What figures are you referring to?
Carson Rivera
Don't believe me? It's all in the numbers.
Lincoln Jones
Number one
Jonathan Jones
Def not a bubble hasnt even started yet boyz your just new fag
Chase Russell
That's terror.
Hunter Powell
Repost
Bentley Nguyen
Number two
Daniel Stewart
This meme chart has repeated itself half a dozen times When you fags gonna learn
Samuel Gomez
Man I remember when people were lining that thing up to BTC when it had failed to break $3k and had dropped. Sure glad I sold and didn't hold onto my coin there
Blake Jones
That's terror.
Luke Green
I think you're right. Ive seen lots of google and facebook ads for crypto. normies understand. bitcoin is a bubble. its a huge pump and dump imo
Xavier Ward
>Ive seen lots of google and facebook ads for crypto
You realize targeted ads are a thing, right?
Daniel Allen
Targeted ads you dumbfuck
Brody Allen
Random question: do you guys arb coins by buying on one exchange (say Bittrex) and selling on another (say Quadrigaxc)? Asking for a friend.
Juan Young
THANK YOU SKELETON
Josiah Smith
yes crypto is a huge bubble short with max leverage my friends