/biz/ - Business & Finance

Gbtc

>>25619795
institutions because they'll still make a shit ton

The price per unit doesn't matter because the amount of units is arbitrary

>>25619795
i will pay whatever price it is after 15th of january. i need to get rid of my fiat

who the fuck is paying $1200 for one ether
/biz/ retards are literally opening threads about making $5/day mining on their gaming rig
this shit is going to crash hard

>>25619795
I'm wishing I bought in at 11.
CRAWLING.

>>25619795
people who know it's going to be over 100k soon

>>25619795
do you realize only 900 BTC are mined each day?
look at supply/demand and find the answer
if nobody is selling, it takes very little to eat the remaining supply

Peter Schiff

>>25619795
no one with big money cos liquidity is dry as fuck. Its literally just retard anons fomoing in until someone stacks the sell orders.

$50k EOM
kys bobo

Would you buy here?

>>25619884
i think I know you in real life

>who the fuck is paying $5 for a bitcoin
>who the fuck is paying $200 for a bitcoin
>who the fuck is paying $1000 for a bitcoin
>who the fuck is paying $36,000 dollars for a bitcoin
You are here
>who the fuck is paying $100,000 for a bitcoin
>who the fuck is paying $225,000 for a bitcoin
>who the fuck is paying $600,000 dollars for a bitcoin

>>25619966
I'd short that chart

>>25619795
Exchanges should change their denominations to mbtc. boomers would love to pay $36 for 1mbtc.

>>25619819
Institutions aren't using Coinbase Pro they have OTC brokers. People who work at instutions might be buying for themselves though

this same question every day. is this what 2017 was like?

>>25619845
How does $48,000 sound?

>>25619851
The same people who know eth easily has the potential to hit 10k by end of year and thats being conservative. I cant wait for you to come back here saying "who the fuck is buying eth at 8k?"

I bought bitcoin when it was 35k today. I've also been buying every week for the past few years. DCA niggers

>>25619845
smart

>>25620237
OTC buys are still around 36k

>>25619795
I am

>>25620286
No, not at all. 2017 was a happy time, a optimistic time, not tis "qwe are heading directly into dystopia" mood where you see the world slowly dissolving around you that we have in 2020, all FOMO and lunatic idiocy, legendary memes born, literal shitcoins doing insane gains in no time, sometimes 10x at one day. You could throw your money left and right without even thinking about it. It was insane hype and normies FOMOing in like you wouldn't believe. This is unironically different.

>>25620676
ETH will hit 10k but the ETH/BTC ratio will either be stagnant or dramatically lower [discounting brief spikes].

tether printer is buying no matter what price.

>>25619795
100 000 000 sats for 36k$, sounds like good deal.

>>25619795
>bitcoin hits $50k
>man I wish I just bought at $36k

>He's not buying units of 0.001BTC for 36 dollars

>>25619795
Doesn't seem like that much when you buy 500 of them

>>25619795
it's mostly morons buying like 0.05 btc pumping the price up. not people buying 1 btc

>>25621141
i agree with this. 2017 was a lot more fun. 2020 has this air of desperation that is kinda a buzzkill

>>25619795
me

>>25620286
Think of that DeFi bubble in August but 25 times bigger. That was 2017

>>25619795
Exchanges are buying everything themselves. This market has near zero liquidity.

>>25619812
gbtc accounts only for 4% of the market cap yh..

Any expectations for the next 8 hours? I am going to bed, I have ETH.

Remember when BTC was $36k?

>>25619795
I just pay $3,600 for 0.1 Bitcoin

>>25621688
Let's save this one.

>>25619795
the same person that's going to be happy to buy my btc at 100k

>>25619795
Who the fuck is paying 30,000 points for a DOW?

>>25619795
Me nigga

>>25620166
This, I've bought BTC at $80, $100, $400, $500 and above, it was literally what I was thinking

I never thought a day would come for BTC to such prices, but now it is actually becoming more distinct and obvious

What the fuck 40k in a few hours

>>25619845
what happens after 15th jan?

fiat is getting insanely worthless

it'll keep pumping

>>25619795
You don't have to buy a whole BTC anon, please understand this and stop killing threads

>>25621863
At ~$55K, bitcoin has a MCap of $1T and 21BTC is worth >$1M

>>25621835
>who the fuck is paying $50,000 for XRP
>>25621957
There’s a lawsuit against tether

>>25621515
Why would they be morons? Sounds like they are smarter than you?

>>25622043
never in the feasible future is anoying paying 50k for xrp

>>25620286
no oldfags this time are cautious

>>25622090
Nor 50 cents

>>25619795
*raises paw*

>>25621189
So you think BTC will do more than a 10x this year?>>25621141

>>25619795

Bitfinex lol

>>25619795
37000

>>25619795
100000

>>25619795
>Who the fuck is paying $37,000 dollars for a Bitcoin

>>25620237
There is a shortage because the institutions are competing to buy all the newly minted coins. Michael Saylor admitted that he was sniping all the sell orders on exchanges everyday for months.

>>25620681
How much each week? And is it just on auto buy or do you pick your spot?

>>25619795
People who will be rich when btc hits 100k....personally i am keeping an eye on L2 projects like Tokamak and Skale since activity on eth is going crazy now

>>25621673
Bump pls.

>>25621359
F.
O.U.
A.D.

>>25622202
Bringing new meaning to the term "whale"

Dunno but I'm selling $37000 a bitcoin #JUSTSHORTED

>>25621553
That's because we are desperate.

>>25620676
This is the delusion part of the bubble written in plain English

>>25622890
how low do you think it'll bottom out at this time? I'm getting ready to buy the next dip hard

>>25619795

DCA is DCA. The only weapon you have against the Bog is to HODL and DCA like you are a retarded robot.

The people selling it for $37000+ right now

>>25622974
3x previous ath if you're lucky

>>25619795
Wash traders presumably. They then sell it to themselves for $36000+ and keep walking that price up and thank the exchanges for letting market makers trade for zero or near zero fees.

>>25622974
you and everybody else, which is why it won't happen anytime soon

>>25622974
>the next dip
It just dipped
Keep an open buy order at -20% of whatever ATH is though
We’re basically back to $30kish now

>>25619795
How is biz full of salty cope threads instead of posting pictures of their new yachts?
I'm thinking a Leopard 46. It's only $500k.
https://www.youtube.com/watch?v=5bgNEO-QKcc

>>25622090
Fomo at $589 XRP

>>25623402
I don't know how to tell you this but most people on here are poor and larping.