MrRenev

Beware the biggest bubble of all times!

MrRenev Updated   
DJ:DJI   Dow Jones Industrial Average Index
Cringe. Btw people are comparing Bitcoin price to stocks indicators? Crypto whole market cap chart doesn't look the same...
Did you know gold started at 0, back in prehistoric times it was just a rock, a shiny rock sure, but not valued at 1350$ like now.
GOLD BIGGEST BUBBLE OF ALL TIMES.

This is so cringe, don't have much to add.
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Btw we get 263 warnings a day about cryptos, but no one warned about ponzis.
Financial "experts" and mainstream media worry so much about everyone's wellbeing but they don't warn about ponzis????
They even teach people how to buy ripple at 2.37.

Jamie Dimon is the funniest thought.
Calls anyone buying crypto's stupid, they will pay the price, it's a bubble beware etc. The price drops, then there's reports of screenshots of his company buying crypto, then silence, then he claims "he never criticized crypto", and finally he's praising it :DDDDDDDD What an artist! Funniest man alive.

Anyone that dumps all their life savings into anything is an idiot, they probably allready got into certain "totally not a ponzi" cryptos, and even if they don't buy Bitcoin or a ponzi with all these warnings, they'll find another way to lose all of their money.
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If we're going to compete about who's the biggest bubbles of all time, I'm pretty sure these ones are bigger than some couple hundred billion crypto market:
www.energyandcapital...e-world-economy/5910
www.zerohedge.com/ne...gest-bubble-all-time

Trillions and quatrillions still bigger than billions amirite?

We got a WORLDWIDE revolutionary currency, and it's just a fraction of the other similar ponzis (joke). Better worry about that.
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Comparing google to bitcoin. Biggest bubble of all times ey?
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Plenty of time for the tech sector. If no one screws up till then.
Maybe crash when we fly to mars with our poop fueled spaceships the revolution industry that drives people crazy (what am I saying...).
Yes people from the future, we thought you'd have poop fueled spaceships in the future! And also flying cars and other nonsense that serves no purpose (poop fuel actually pretty good thought)



There's time.
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I do not know how these trendlines work so well, it's pretty amazing.
I want to find all the hidden stuff. oooh m
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Markets, you will give me all your secrets.
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"A bubble is defined as a financial intrument which 10W RSI goes above 90"
- By me, today.


Bitscam coin is now in a bubble greater than the past ones as we can see on the chart. I can not zoom out more than 10 weeks because Bitcoin isn't old enough, but the more zoomed out the clearer it is that now is the worse it's ever been.

A market full of noobs with no one to sell & no one to regulate etc...
Ye best ponzi wp satoshi.

Idk when the stock market will correct, but I guess that would be the greatest bubbles of the all by far. Who tf cares if a video game coin falls 99%, if stock market falls 45% it's way worse lol.

Tech going to go into a delusion bubble also... "This is the future we are going to colonize mars waooo this is craaazy".
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Is it the end of the world soon?
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A video some trader made explaining why we're heading for a major market crash:
www.youtube.com/watch?v=qHYIdcmm...

Lmao so apparently billionaire Jim Rogers thinks a crash is coming but he doesn't want to say he's bearish until there's confirmation because he's afraid the herd will mock him XD

The moment I start caring what a bunch of monkeys think please slap me.
They're wrong 99% of the time and if they every get lucky and end up being right once in their whole life you won't hear the end of it.
And if they group up and make jokes about you because you go against the majority, when it all unfolds and you end up being right first they'll hide and not talk about it, find excuses, and if you get back at them after they spent every day telling you and others like you how wrong you are, what they'll say is "You should focus on your own performance kid".

I can't find a margin debt chart on TV but anyway it's skyrocketed every one invested on margin lol, and if we go down (we will) all these juicy margin calls are going to destroy everything and it's going doooooowwwnnn.

Bitcoin is in the same boat, testing weekly guppy's now, having a hard time getting out, has been a few months now. Margin bagholders are still waiting for a miracle buyer. Maybe underwater margin crypto investors are waiting for underwater margin stock investors to "pour money in" which are waiting for gold underwater investors to pour money in the stock market which are waiting for underwater crypto money to invest in gold XD HAHAHAHA That's actually probably true


Zooming in:
Each time support is tested it's just weakened.
Another visit and it's over, waterfall! (fall 7700 to 6600$ for Bitcoin, bounce, and then drop further like 5800, aaand then drop 4600$)

Dollar might go strong strong strong, Oil go up too, Gold idk. They could all go up, while stocks and crypto the noob investors areas go down down down and every little retail investor that borrowed money to buy more at the top thinking he was a genius "I morgaged my house to invest it's a daring bet I do the same as I read in the journal I am awesome".

They can make as much fun of me when I call for a crash at the top, they're throwing everything they have and more into these assets to give me money, so I'll allow it, at least they can have some fun before losing their home, their wife, their children, their saving, their dignity.... :'D
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DJI going to drop 55-75%
Down to 10-11 thousand points.
You better believe it.

This could happen 2019-2020, get ready.

Rriiiiiip.

Not as extended as 1929 but more extended than 2008 (55% drop).
Biggest crash ever outside of 1929.

There is also a small chance this goes very very wrong and we go 5000 points so protect your butts, going all in without taking profit can end badly.

If China takes over and texas claims independance... Ok I might be going too far here :)

But ye 55% is bare minimum. Probably not this year I believe, these recessions take time, bet it goes up several months before going down for years, we will see.
Comment:
"At the peak of tulip mania, in February 1637, some single tulip bulbs sold for more than 10 times the annual income of a skilled craftsworker. Research is difficult because of the limited economic data from the 1630s, much of which come from biased and speculative sources."

Sorry Buttcoin. You do not even come close to Tulips. If the facts we have are accurate thought...

The crypto bubble is exploding.


As to the gigantic stock market bubble...

I think it will top at 29500 then drop nearly 15,000 points.
Brace yourselves.

Google is not going to keep hiring devs for 250,000K

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