Bitcoin now at $18,800.00...

Bitcoin now at $18,800.00. Those of you in the old school who believe this is a bubble simply have not understood the new mathematics of the Blockchain, or you did not cared enough to try. Bubbles are mathematically impossible in this new paradigm. So are corrections and all else

Attached: Screenshot_2020-12-12 Crypto Fear Greed Index - Bitcoin Sentiment.png (803x431, 66.42K)

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>Bubbles are mathematically impossible in this new paradigm
sounds like what i heard in the summer of 2019

?

>Bubbles are mathematically impossible in this new paradigm.
If statements like that is not a bubble red flag, I don't know what is.

Im going to feed your mom some beans and she can make bubbles in my hot tub tonight before i make you a new baby brother.

btc went from 3.5k to 14k in a very similar fashion and expected it to not correct.

bruh all countries in the world that have a national currency, ( so all ) made their printers go BRRR.

EURO ? super BRR
DOLLAR? super BRR
YEN? super BRR
YAN? super BRR

countries that don't matter?
ALL went super BRR.

what is the asset that cant BRRR by a central authority?

Crypto (BTC/ETH/XMR)
where will all the smart money go, that doesn't want to see their purchasing power inflated away at a rate of 10 to 15 pct a year for the next coming 5 to 10 years?

BTC/XMR/ETH and other big established crypto.

you have been warned. The massive BRRR that has occured in the world has changed the ballgame. everyone is rushing to get into crypto to protect their purchasing power. its going moon moon moon for years now without dumping. 30 to 40pct dumps used to be the norm, now its gonna be only 10 to 20pct

enjoy the ride

I bet this meme indicator wouldve been stuck at 100 all throughout 2011, and 2013, and 2017. And people like you wouldve sold too early because of it, I'm guessing you werent around back then though.

>implying countries havnt been BRRRing for years. just dont lose your shit when we dump along the way to 100k

What about the hypothesis that the opposite happens? Super money printing craters all crypto permanently because it cant catch up to the fiat market that just blew past it and took gold and real estate with it.

kek

this.
its only really a good indicator during crab market and maybe bear market

Dumb nigger tier shit... people well sell their bubblicious gold and houses in that scenario to buy up undervalued commodities like bitcoin

>price dumps
>EXTREME GREED! STILL EXTREME GREED MODE!!! WE'RE NOT OUT OF EXTREME GREED UNTIL IT CRASHES TO 2K!!!!!! EXTREEEEEEME GREED!!!

you noobs have to learn some time

this was expected
warosu.org/biz/thread/S22244764#p22244819

>price dumps to 5k
>"indicator says no longer extreme greed! Time to buy!"
>pumps to 18k again
>EXTREME GREED EXTREME GREED SELL SELL

Normies just don't get it

If they had ever played an MMO and saw that items with increased demand and fixed supply basically rocket to infinite value they would understand

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lmao only noobs are looking at that indicator right now, I was buying 2013-2016. I sold way too early though. But go ahead and make the same mistake I did, you'll want to kill yourself 3 years from now.

just block anyone that says 'bubble' for anything
they are bad people

In the crypto market it's called "buy low sell high"

>confirmed cant trade
Lol yeah I'm gonna listen to this guy

my point is that despite us dipping to 17k it's not enough apparently, it's still "extreme greed", apparently we have to dump hard before we're no longer extremely greedy. And after we dump and we pump again, we'll be back to extreme greed when we reach this price level again. This is the absolute top, because we'll always be at "extreme greed" when we reach this price, which means we will inevitably dump again, we're permanently stuck fluctuating between 19k and 0

But that's a speculation-driven boom-bust market. Not a good system for a currency....

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>we'll always be at "extreme greed" when we reach this price
thats not how it works my sweet summer child

Oh yeah we're definitely not in a speculation driven boom bust market. Where were you faggots in 2019 by the way funny that you all show up only after the price pumps

consolidations lower greed i think? corrections are there for a thing

wrong. ETH has brrrr'd before and will again

I learned from my mistakes, I think we'll see a 35% 2 week correction but not until all the bears are gone. We've been going sideways and people like you are bearish, it's a trap. Also I shorted 19.4k before the drop to 16k, but this price action and news is obviously bullish. How new are you anyway?

I only came to this board to ask for advice when my stocks mooned this year. Now I'm looking for new investments to diversify.

What's the case against waiting for BTC to dip? Seems X-mas is often a volatile time.