/biz/ - Business & Finance

>>28110403
We just did correct, but upwards

>>28110403
i'm getting increasingly nervous but I haven't buyed back in yet

>>28110403
who the fuck knows anon, we sure as shit don/t

Yes, same as past Elon post about bitcoin when we pump and inmediatly back to the trend (whis is alcist). Stay comfi

I swear it was looking like it was going to go below 30k.... what happened I want my bags back

>>28110403
We just hit a new ATH retard. 29k was the correction and you missed it. Next stop is 60-75k

>>28110403
Easy, it will come.
Just throw a little to it right now to stop the anxiety.
I bought the 2 dips at 29K and I expect another one at the very least at 35K, but I feel the next will be bigger.

We just had the correction. Now we start pushing 50.

>>28110403
I'm sitting in cash mostly for the next 3 weeks. Still have 1 BTC left to offload if it goes near 48k.

I dunno man but knowing that elon bought 1.5b made me realize this shit is about to burst. I'm getting out.

Guess what comes next

>>28110869
you think elon would buy 1.5b if he thought it was gonna burst, he would have bought it months ago

>>28110869
What gets me is that one space fuck has that much power that he can affect the price. Surely that's not a good thing.

>>28110545
*Bought. How can you understand crypto but not conjugation?

>>28110403
you had 10 years

>>28110893
Literally what? Massive upcycle?

>>28110893
So what you're saying is that if I buy and hold, I'll make money?

>>28111062
because we're still early as fuck, bitcoin will need to be in the trillions before the volatility stabilizes

>>28110985
You mean like when his Twitter bio was “BTC”?

Just because they disclosed today, doesn’t mean they bought today. They DID buy months ago and they’re either selling the news right now as I type this, or it’s a portion of their long-term holdings and price doesn’t matter because they’re in this forever.

>>28111202
>>28111173
retards, its the famous meme chart

t. AAAAAAAAAAAAAA

>>28110893
Update your chart faggot we broke ATH again

it will be 100k in 2-3 months.

it will go up to 100k by April.

>>28110403
this is a brave new world anon. whales were trying their damndest to paint the charts and dump btc to 25K. they spent a lot of money doing this and only succeeded in giving men much richer than themselves cheap bitcoin.

>>28110893
More Elon tweets then 50k

>>28110893
I don't know, what comes next?
When you find out, please let the class know.
kthxbye

We're only ~2x from the previous ATH. Bitcoin did a ~20x from the previous ATH in 2017.

There's still a lot of room to grow.

>>28111173
Go check the price BTC peaked at in 2017.

>>28111118
Apparently he doesn't understand either

>>28110893
hey faggot your little "psychology of a market cycle" chart no longer applies since we broke the previous ATH

>>28110403
>Was 41 down to 30 the big one?
Take a wild guess...

>>28110403
For the price to go down, you'd need to get more sellers than buyers. That just isn't happening.

I bought what i considered to be the dip at 32k. My lil bit doin some today

>>28111719
Why are they drawing rainbows on the bitcoin chart now. Is it supposed to mean something? like is one color line a standard value of something?
Or is this just more charting by literal lgbt fags.

>>28111250
This nigga gets it.

>>28111931
Do you know what a legend is? Try looking for one on the chart.

>>28110403
29k was the correction idiot

>>28111997
I'm not going to read you stupid chart if you don't want to answer my question.
lgbt faggot

>>28111818
i thought it was the same fag market cycle post at first, but if you look closely, he posted the july 17 correct before dec 17 ATH

we're going to 160k

>>28110869
ngmi

>>28110695
Who the fuck is buying BTC now? The core demo just got wiped on GME.

>>28110403
The ceiling is the new floor homie

>>28110403
nigger you had 13 years

>>28112078
> refuses to understand data because graph is colourful
make it, you will never

>>28112078
are u retarded?

>>28112253
Don't worry. I've already made it.
I guess no one needed to read your stupid faggot chart..

>>28112196
>Who the fuck is buying BTC now
megacorporations

>>28112275
Eat my paste.
Don't forget to feed me yous

DADDY ELON

>>28111818
Chad enthusiasm 4eva

>>28112362
This is what i dont get, if only megacorporations are buying, then how the fuck is it going to be used as a currency? if 10% of the total bitcoin has been lost, satoshi hodl's like 20% or something, and mega corporations own like 50% and never sell, that leaves 20% for the rest of the fucking planet to use bitcoin as a 'currency'. is this what satoshi wanted? the 'decentralised' currency being majority owned by megacorporations by having the power to dump the shitcoin to the ground?

>>28112594
You can buy a tesla with 1 satoshi

>>28110985
They LITERALLY did buy months ago.

>>28112594
>is this what satoshi wanted?
then go buy bsv if you're a concern fag.

>>28112594
>if only banks are buying gold, how are we supposed to use it as a currency?
that's how much sense your question makes.

we are unironically in a new paradigm - the phrase gets thrown around as fud, but unless you've been living in a cabin in the woods since early 2020 you are aware of this new paradigm and have experienced its effects firsthand. the world has completely changed and nothing will ever be the same again. they blast the "new normal" propaganda all over the media on a daily basis. guess what, a new financial normal is coming too. this morning i had bloomberg radio on in the car and they were discussing what happens if btc becomes the reserve currency. strap in faggots and stop playing with shitcoins

>>28110893
So you're opening a short position, right?

>>28112362
lol no. Are you underage?

>>28112751
the point i was making that is if the banks own all of the gold, it isnt as decentralized as it seems. who controls the supply controls the coin.

>we still early billionaires gettin in hodl

>>28111948
It’s painfully obvious, but I’m surrounded by newfags who only know “line go up”

It’s like pissing into the sea.

>>28112196
The biggest, richest car manufacturer in the world is invested in BTC.

Correction to 15-20k then maybe 50k. Either that or it crashes and the cycle starts anew.

>>28112920
ya no shit. so buy and hold.

>>28113001
With the absolutely fake money it is rolling in.
Notice how the world's most profitable car company isn't investing in it.
TSLA used bubble money to buy bubble asset (if Elon isn't just straight up embezzling).

>>28113408
cope
>>28113537
cope

>>28111118
>conjugation
this was the best magic in the elder scrolls desu

>>28110403
Nigger it dumped from 42k to 28k what else do you want

>>28112712
>tfw midwit

>>28110403
Tesla just bought a bunch of bitcoin and the press is out on it. Another one of Musk's pump and dumps, looks like to me.

>>28112926
>oh nooooo black people are buying BTC now /pol/tards have to share with them!!!
shut the fuck up

>>28113635
>Bitcoin will go up forever now that retail investors have flooded in
Here's a wojak for your later use

if you think 25k is the bottom, you don't put in 100% of your position at 25k

you layer in 25% at 32k
25% at 30k
25% at 27k
25% at 25k

so you don't get 100% left out if it doesnt hit your target

>>28111128
ay 10 years ago i was in highschool on some dumb shit. Well i still am, but time to improve and get that paper

>>28110403
We've been consolidating for a month you weak handed faggot

>>28113976
nigger i am selling end of summer when the bullrun is over. cope harder somewhere else.

>>28112078
Do you always think of gay men when you see colors, anon?

>>28114223
You will be bagholding for 3 years like I was.

Honestly, it’s not as bad as it sounds, but it’s pretty bad.

FUCK
I put all my money into BTC and I still haven't accumulated 0.1
If I manage to get 0.1 will I make it eventually?

>>28111062
>one space fuck
He’s the richest man in the world. In b4 on paper.

>>28114428
sounds like you sold and desperately trying to convince yourself not to fomo back in.

>>28114557
How does $100k sound? (Eventually)

>>28113537
They literally made over 300k cars last year and no company is even close to what they are doing technologically. I would fellate Elon personally if I could, it would be an honour desu.

>>28110893
If you're right bitcoin is about to hit 100k

>>28114030
>(((averaging down)))
OR instead of just purposefully losing money throwing it into something you know is dropping, just wait for it to confirm its low, then get in. You probably won't hit the bottom, but you weren't going to while pretending to be smart while averaging down and just wasting 50% of your shit when it was 30K and falling.

>>28114709
>no company is even close to what they are doing technologically
Uh.. what are they doing technologically? Self-driving? Plenty are doing that. You're just so memed you don't understand how many electric vehicles are out there.

>>28114673
extremely nice, actually, considering I only started with 3K
you really believe it'll hit $1m?

>>28114875
no fucking chance

>>28110403
Just checking my chart here, no, nope, afraid not, no correction in the forecast.

You fucking idiots have a chart from the future and you're too stupid to follow it. Never change biz.

i got me some crypto stocks

>>28114659
Full disclosure, I DO have a small short of a few hundred bucks with 5x leverage open, so I’m definitely biased.

THAT BEING SAID, what makes you think we’re going to go up more? And how? 20x gains with a market cap near $1T is FAR more of a mountain to move than 20x gains with a market cap of $300b. Everywhere is flooded with retail investors, that by itself is a sell sign.

>>28111118
newfag leave

>>28114837
>just predict the bottom bro

>>28114875
Not this run, no chance. Maybe in 10-20 years.

>>28115065
stock-to-flow nigger. see >>28115034 .

>>28110403
It's a new paradigm, and everybody who doesn't buy, now, will be priced out forever. Anybody who does buy will be rewarded with a lifetime of riches, as their bitcoin will continue its 30% monthly price increase.

Nocoiners, and anybody born in a future generation, will not be able to afford a $10,000,000 satoshi in 15 years. They will live in tent cities, and Hondas.

This asset bubble is different than all of the others - it will never slow down, or pop. The gains are permanent.

>>28110582
yea, but the difference is that elon bought a bag himself this time, he's not gonna dump it the next day

>>28115065
>shorting bitcoin

>>28114841
None of the competitors have huge touch screens or gullwing doors, literally fake and gay. Who wants an eGolf or an eCivic or an eCorolla? Everyone owning a Tesla is the future, we'll colonize Mars with them.

>>28115168
Are you going to keep buying more this year? I'm planning on putting most of my monthly pay check in it, as I don't have much expenses right now

>>28112196
Billionaires are buying, dudes with $200 accounts are waiting for the crash

>>28112712
This is so true.
The based retard doesn’t even try to contemplate the possibility of a crash and goes all in without hesitation.
The midwit has to first arrive at the conclusion that buying is the correct action (most don’t make it this far) then overcome his fear and the thought of "what if you’re wrong?" which causes him to not invest enough or even at all.

lol all those idiots not selling now

this was your chance, elon gave you a fucking golden chance to sell. you think this will keep going up now? the news is out, back to the pit

>>28110403

You fucking idiot, we've been in a correction for the past 3 weeks.

>>28112196
>The core demo just got wiped on GME.
Only total retards lost on GME. The clever ones made a shitload and THEY will buy.

>>28112196
Honestly me.
I already have a 180k$ crypto portfolio but I still fomo. I don't have enough BTC and don't want to be left behind man, I fucking fomo'd in more fiat even tho I feel dumb about it

>>28114841
the only thing that Tesla does well is design (their construction still blows) and self-driving. The full self-driving recent update is apparently pretty spectacular.

>>28115365
Yeah, I buy with every paycheck.

as long as there is interest, this is going up. TA is a part of it but the news is more important. Musk moved the markets even though it "looked" bearish and felt like "the top".

In truth no one knows the top. Just keep an eye out for fundamental news because that will be the true cause of this tanking, not it hitting an arbitrary line on some chart (which could be a non existent line on mine own chart)

in short, take profit | layer in your buys and the minute something in the news comes up that has profound effect (interest rates, no stimmys, stock market crashing because yes we are still correlated) that is when you pull out before this shit wets the bed HARD

>>28115599
nice. thanks

>>28115218
>there are people who actually believe this

>>28115445
Why would a billionaire buy BTC?

>>28110403
No, Elon will force it up even more. Way more.

>>28115738
its a copypasta. nobody actually believes that shit.

>>28115745
See >>28115468

>>28111633
But it did it much quicker.

>>28115745
Because he wants an asset with 0 correlation to anything else so his company doesn’t evaporate when it’s stock (and the broader market) crash real, real soon.

He bought months ago, he DISCLOSED today.

if there were a correction, say
Chainlink 6 points down?
or Chainlink down to $6?
would it be a bad thing? say for people who are late adopters for socio economic reasons

>>28116272
you had 3 years

>>28110893

Your chart predicts a 250K ATH later this year.

>>28115745
the people with a lot of money who are notoriously good at making money all came to the conclusion that BTC was at a low price and is a good investment with a lot of room to grow, and this lines up with what we've seen in previous halfing cycles. do with this information what you want, but the people screaming to sell now because vertical line scary are beyond retarded and are the same bobo's that are seething in other threads because they sold too early

>>28115959
>Because he wants an asset with 0 correlation to anything else
Why would you buy BTC then? BTC will evaporate with the market just like last time.

>>28115604
Bitcoin looked bearish? Are you literally retarded?

>>28116504
No they didn't. They saw the broader market was overvalued and bought BTC as a hedge against stagnant ROI, because they know meme investors are gonna drive the price up expecting inflation that turns out to be another nothingburger. Like gold in 2011. But at least gold had underlying value.
Same reason analysts give bullish price targets on TSLA, because they know retail will give them enough liquidity form them to drop their bags when the time comes.

>>28115872
There are lots, there is a podcast called bitcoin Tina where he believes that it will overtake gold, and become a world currency, and everyone will eventually own Bitcoin, and those who wait the longest to give in will be the worst off.

Its overboard in my opinion, but still worth a listen.

>>28112196
You're stupid if you aren't.

>>28110403
We just had one.

>>28111719
your pic is to old. here's the chart from yesterday

I have a total of $10 in btc right now. Litecoin is the safe bet I am going with when it comes to storing funds in the coin world. To many big plays going on that even eth concerns me.

>>28112806
This.

>>28111513
This is what I think too.

>>28116417
I'm in and comfy with what i have but considered the possibility of it today. The asset was below that price less than a year ago. Knowing what the real value of it is, I also consider that an opportunity for $6 chainlink right before it hits $1k could change the lives of some people who only got started this second bull run, and most of us here would likely buy more.

lads when is the next dip pls thx

>>28116818
it will eventually overtake gold. it only needs ~10x from here. it will not be used as a world currency, some kind of fedcoin will fill that role.

>>28116797
This. Hedgies bought at 10-20k. They're going to start dumping on the "mah lil Bitcoin doin a lil sum sumin" people soon.

>>28117217
>dude like only half the GDP of the united states needs to go into crypto

>>28117200
Never.

>>28116818
>There are lots, there is a podcast called bitcoin Tina where he believes that it will overtake gold, and become a world currency, and everyone will eventually own Bitcoin, and those who wait the longest to give in will be the worst off.

Bitcoin Tina is a boomer who has been around markets for decades. I've listened to him and follow him on twitter. His price projections and timelines are a bit aggressive - but I think he's directionally accurate.

At some point in the market cycles, you WILL get priced out waiting for a dip. Makes more sense to just DCA so you don't kick yourself when hyperbitcoinization arrives.

you people so dumb

elon bought way before this event, somewhere in the 10-20k, then he announces it months later so the price explodes. guess what, you bought HIS btc at 40k+. have fun hodling his coins while he made billions of profit

god you are so dumb

>>28117323
this, but unironically. you're ngmi.

>>28117578
Fed and treasury would kibosh it at that point.

>>28117714
this is 2017 fud, find something new.

>>28117576
>elon bought way before this event, somewhere in the 10-20k, then he announces it months later so the price explodes. guess what, you bought HIS btc at 40k+. have fun hodling his coins while he made billions of profit

They're not his personally holdings, moron. They're on TSLA's balance sheet. Them selling their BTC would make investors nervous about TSLA. Not gonna happen.

>>28116818
BTC literally cannot be a world currency. It may back up CBDCs but you guys are smoking crack if you think it’s a world currency that everyone will use.

>>28117807
>when you're so young 3 years is a long time
Its still true? Crypto is still barely a thing. 1 trillion mocap is nothing in the covid era.

>>28117925
>TSLA's balance sheet
nope.exe

if that were the case, we'd be sitting at 100k right now

>>28117925
He's probably buying the BTC from himself anyways.

Where do you think we are with BTC ;)

>>28117998
>1 trillion mocap is nothing in the covid era
>but 10 trillion bitcoin is totally impossible guise

>>28112196
I bought BTC today at $39,100 right before the pump.

>>28118169
>10 = 1
?

>>28118069
read a fucking article every once in a while retard

>>28118326
jesus fucking christ you're a moron faggot retard
>crypto still small
>1T is nothing
>but 10T is impossible

what kind of nigger are you?

>>28117200
During fall from 100k to 60k.

>>28118380
>no hard numbers
Yeah he's definitely embezzling.

>>28118069
>nope.exe
>if that were the case, we'd be sitting at 100k right now

Ohhhh I get it. You're an actual retard...

TSLA disclosed this in their 10-K today (go ahead and google what a 10-K is, fag, we'll wait).

>>28118468
Because if crypto starts to get big its gone? What don't you understand child?
It exists because its small. It looks big now because of monopoly money, but compared to other asset classes its about the same as where it was last year.

>>28110403
ELON MUSK JUST BOUGHT 1.5 TRILLION DOLLARS WORTH OF BITCOIN YOU DUMB FUCKING MUTT. WHAT CORRECTION? THE MARKET IS BULLISH READ THE SIGNS JEESUS

>>28112806
Im long BTC but this is extremely bearish
>bloomberg radio on in the car and they were discussing what happens if btc becomes the reserve currency.
In fact your entire post is bearish

>>28116479
it baffles me how each bitcoin cycle is still almost exactly the same. We are going above 200k, 225k is probably the best exit point to aim for if you don't want to hold through the crash.

Months ago we went to 45k and down to 27k and there are still slack jawed retards asking "duh where's the dip!?"

>>28118734
>gets big
>now its gone
neck yourself

>>28111118
Lurk more you dumbfuck

>>28118798
BTC will 100% be the reserve currency of the blockchain economy. You either want to own BTC or you want to own the medium of exchange that it will be pegged to.

>>28117323
world sovereign debt $100T
all of it is denominated in trash and has no yield
10% of it moves to bitcoin and youve got your 10x

>>28118879
I admire your innocence, or immaturity. Go buy some tulips.

>>28110487
Fp,bp

>>28112078
lmao what a pathetic attempt at saving face. Idiot.

>>28119123
>tulip mania fud
>2017 legislation fud
>guise seriously it will never 10x from here
ngmi

>>28110487
So fucking true. Guess what, people have faith in crypto now. Lets keep investing and watch the money roll in.

>>28118798
If anyone was here in 2017-18 you have to see that we are in the bubble phase now. It'll moon to 60k then dump to 15k for the 80% drop as is tradition

>>28118740
Jon Hammpilled

Shouldn't it be pumping by now? What's going on? Normies trying to get their money on exchanges?

>>28119284
nocoiners can't stop coping bullrun after bullrun after bullrun.

>>28115227
>>28115227
He literally put a billion in. The dude is moving his money to crytpo. Hes never dumping.

>>28119284
just wait until companies only start accepting payments in btc or offer a 3% discount for btc. That's when it will stabilize and no longer do 10x. Might happen later this decade. Seems like mass adoption is has been accelerating these last few months.

>>28110582
Elon didn't just tweet about BTC, Tesla invested $1.5 billion into BTC. $40k is the new stable price unless Tesla dumps immediately, which would piss off shareholders and probably be really shitty for the company's books and taxes.

>>28110403
Idiots like you will never make gains. Youre too afraid of gains.

>>28112594
Money comes in different forms. For example.
1) People typically use paper cash for buying a soda or hotdog.
2) People typically use their checkbook or various credit/debit cards for larger monthly bills.
3) People typically use bank transfers to store and move larger sums.
In and of itself, Bitcoin might never be great for usage 1, but it is adequate for use 2, and perfect for usage 3.

Elon is making sure we go to Mars now, not the Moon. Buckle the fuck up.

>>28118104
early still I hope??

>>28118104
2 are realistic imo
early adopters period. the innovators are who the early adopters learn from, they in turn teach the early majority.

2nd possible one would be early majority but I wouldn't think we're there until ethereum hits $10k and bitcoin is closer to $100k

>>28110403
Moon mission now

>>28119492
BTC will never be worth using as a currency until the IRS stops treating it as property and starts treating it as currency. Filing and paying capital gains tax in addition to sales tax is utter bullshit. Using crypto regularly for transactions with stores/companies would pile up so much capital gains paperwork to file with your taxes each year it would never be worth it. Until they change the tax code crypto is only an investment and not really a viable currency.

>>28110403
>waiting for the dip into the mid 20s
Never happening. It touched 29k and thats it. Slowly climbing back to ath even before Elon. Sold off at last ath resistance at like 41k. Aths were coming soon enough without Elon. Now its going to 60k.

>>28111748
he didn't buyed?

>>28112594
The thing is they can't print more. Inequality is not as bad if the rich have to keep earning it back the hard way instead of buying political favors.

>>28118702
means nothing, the btc market doesn't care. btc will be down to 30k within this week

>>28117576
do you realize this is criminal? why the fuck would the literal richest man on earth, worth $200 billion risk time in prison for a 2-3% increase in his net worth

CRYPTOCURRENCY EXCHANGE KRAKEN SAYS RECENT RUN UP IN VOLUMES FAR EXCEEDED ANTICIPATED INCREASES IN DEMAND, UP OVER 5X FROM PREVIOUS ALL TIME HIGHS
>CRYPTOCURRENCY EXCHANGE KRAKEN SAYS RECENT RUN UP IN VOLUMES FAR EXCEEDED ANTICIPATED INCREASES IN DEMAND, UP OVER 5X FROM PREVIOUS ALL TIME HIGHS
CRYPTOCURRENCY EXCHANGE KRAKEN SAYS RECENT RUN UP IN VOLUMES FAR EXCEEDED ANTICIPATED INCREASES IN DEMAND, UP OVER 5X FROM PREVIOUS ALL TIME HIGHS
>CRYPTOCURRENCY EXCHANGE KRAKEN SAYS RECENT RUN UP IN VOLUMES FAR EXCEEDED ANTICIPATED INCREASES IN DEMAND, UP OVER 5X FROM PREVIOUS ALL TIME HIGHS
CRYPTOCURRENCY EXCHANGE KRAKEN SAYS RECENT RUN UP IN VOLUMES FAR EXCEEDED ANTICIPATED INCREASES IN DEMAND, UP OVER 5X FROM PREVIOUS ALL TIME HIGHS
>CRYPTOCURRENCY EXCHANGE KRAKEN SAYS RECENT RUN UP IN VOLUMES FAR EXCEEDED ANTICIPATED INCREASES IN DEMAND, UP OVER 5X FROM PREVIOUS ALL TIME HIGHS

>>28113835
Found the nig

>>28110629
>>28110403
>>28110545
Muh TA tho!!! Head and shoulders double dip meme lines. The past predicts the future!!!!

>paper hands cope

>>28112926
jon the traptist

>>28119886
You dumb fuck they will just hold BTC and exchange it for CBDCs. BTC will never be used as a currency for the everyman. BTC is like digital gold the idea that the world will switch to using an asset that is more valuable to hold than spend is retarded.

>>28119706
Isn't elon musk an innovator?

Someone redpill me on crypto, is selling and withdrawing your money quick? I've been waiting 8 fucking days to get my money on stocks I sold over a week ago. But funny enough it only takes 5 minutes for me to put my money in hehe!!!

I'm so fucking sick and tired of this jewish shit.

>>28112926
>bitcoin stock

>>28119477
months ago, when the price was low. he's selling now to you baghodlers

>>28110893

I am the hedgie now

>>28120218
Long as it keeps going up I'll keep putting in my $115 per week.

>>28112920
gold is decentralized as fuck. you can buy it with cash and hold with no records proving you own it.
Doesn't matter how big or small the money changers you sell to are. BTC is a worse situation because it has no intrinsic value like precious metals do.

>>28119828
you are wrong. Several states allow taxes to be paid with cryptos and therefor it is a currency.

>>28116479
Correct. I don’t know why everyone thought it was a bearish chart.

>>28110985
Are you retarded, do you think he just bought 1.5b this afternoon? It probably took tesla months to get this much, also kikes and funds been buying this shit too because its just a chic asset. This is prolly what made btc price double in the past weeks-months.

>>28111118
newfag alert

>>28120114
most innovators are relatively unknown and acting in pursuit of the concept rather than the rewards. However, I'm sure, like many people, that there are ways in which he has innovated. If we're in the innovator phase for crypto it would be thanks to uniswap and other tokens. For bitcoin I feel we must be in early adopter phase, we'll be past this early adopter/innovator phase when you start to see "crypto check out" being facilitated in more online stores, as in direct from wallet transactions rather than crypto debit card usage.

>>28120501
The IRS considers using cryptocurrency as a property sale from crypto to USD and is taxed accordingly. It's subject to capital gains tax based on the value of the cryptocurrency at the moment of the sale compared to the value it was at the time you purchased the cryptocurrency, just like selling shares of a stock. If you pay your state income tax with BTC then the IRS will tax that on the following year's federal income tax return as a property sale just the same.

>>28118104
We're still in early adoption phase.
You'll know we've hit early majority when normies are able to articulate how crypto actually works on the most basically levels instead of thinking it's a fucking stock.

>>28120493
but if golf trades on a market made of wall street efts selling you shares of a something that apparently has 1 to 1 audited gold in a reserve, that means you have to trust the good ol folks on wall street to being legit and having a legit gold supply to your holdings of that etf.

the price of gold doesnt move based on some faggot buying a couple oz's at a coinshop.

so... "decentralized" gold of you buying it with cash and no records, is not different then you buying a couch with cash on craigslist and not paying tax. big fucking deal. what moves the markets is these paper traded manipulated centralized markets

>>28112926
sell signal

>>28111118
welcome newfren. now leave.

>>28110403
Reminds me of 2017 when Bitcoin broke 2k for the first time and it passed 3k and I wanted it to go back down again and it went to 4k instead and I bit the bullet.

Good times

>>28120501
Oh, and good luck with your taxes if you're actually regularly buying shit directly with cryptocurrency other than stablecoins. It won't be fun and hopefully you're not audited.

>>28111513
Bingo. /ourwhales/ got played.

>>28117968
>CBDCs
Go back to your XRP containment threads. Adults are talking here.

>>28110487
FPBP

>>28118591
>No hard numbers
>an aggregate $1.5 billion
>No hard numbers
Try reading you brainlet.

>>28121474
It's easy. I import my coinbase transactions into turbotax and pay my capital gains taxes. Anytime I send cyypto to buy something, coinbase makes it a taxable event. It literally takes about 5 minutes.

>>28113537
tsla is us gov ponzi using us taxpayer money

>>28119937
>do you realize this is criminal? why the fuck would the literal richest man on earth, worth $200 billion risk time in prison for a 2-3% increase in his net worth

You're talking to people who are too dumb to grok the difference between Elon investing his personal dollars VS Tesla adding to its balance sheet. "DUH HUH HE GUNA DUMP ON YOUZ".

Don't waste your time.

>>28112078
turns out you are the legend.

>>28121583
>he doesn’t know about CBDCs
Okay stay in denial.

>>28120069
For all the newbies.DO NOT FUCKING TRADE BTC/ETH FOR CBDC TRASH. You’re welcome

>>28112344
>I've already made it.
> Doesn't know the BTC rainbow chart
No you haven't. Don't try to impress me with your fiat holdings, peasant.

>>28119937
us gov don't arrest their guy

>>28110403
>Did anon buy in?
Pump it.

>>28121808
I do know about them and how they are a massive meme that schizos try to push as a saving grace for their shitcoin. Hows that nostro/vostro meme working? Xrp at $589 yet?

>>28120584
Nah the planning began ~Dec 20th and executed in late Jan

https://twitter.com/elonmusk/status/1340678358456274948?lang=en

>>28115913
Slow growth is healthier and less prone to volitality dumping on normies getting in so I'm fine with this.

>>28111118
based

>>28120218
last night retard

Guys, you should help me. I can’t get why nft is so popular now??? How it works?

Checked Twitter today, everyone is talking about Poolz and their new protocol, I can’t even get what is it? Sorry, I am idiot

>>28112196
I bought some BTC. Just reached 0.01

>>28114875
>you really believe it'll hit $1m?
Like the guy said, eventually.

>>28112196
Dumbass, half the community doesnt trade cryptos in dollars, but in bitcoins. They will always keep buying.

>>28114841
You realize Tesla is more than just a car company right? Are you really this fucking retarded? That's like saying Rolls Royce is just a car company.

DYOR
https://www.blockchaincenter.net/bitcoin-rainbow-chart/

>>28115065
>THAT BEING SAID, what makes you think we’re going to go up more?
That being a true, digital store of value, it is still the most underpriced asset on the planet. The price would spike to $1M in a day if that's how these things work, but it isn't, so it will continue worming and wiggling its way there. But until we're there, it's not done.

>>28123451
I gave up trying to educate these retards
>HURRDURR HOW TESLA WORTH MORE THEN FORD THEY BOTH SELL CAR

>>28121844
Not what I said. I said CBDCs are coming and will be integral in the blockchain economy. Why are maxis always so retarded?

>>28110403
probably.. check the greed index. but not yet.. wall street money is pouring in.

>>28110403
>I have a decent amount of cash on the sidelines waiting for the dip

>>28118859
Once the chart really goes down and breaks the year-long uptrend, which is probably around December, will be a good time to exit. Good luck fren

>>28115959
>Because he wants an asset with 0 correlation to anything else
Bitcoin is the opposite, it is correlated to *everything* else. Whenever there are profits anywhere, in any sector, they will migrate towards Bitcoin. Losses too, but Bitcoin is still undervalued which can compensate for that for a few more decades, but basically Bitcoin is the global economy index. If anyone, anywhere is making some money, Bitcoin holders get their cut.
That's the secret. That's why it's so ridiculously expensive and still undervalued. That's why it will never be too late to buy.

>>28118859
I wonder if it's because everyone is convinced it's cyclical, and so we all buy and sell according to the cycle we all agree with

>>28111246
$500,000 stabilizes.
check out bitboycrypto and others who covered some of the conference where the bigboy CEO's & CFO's met with binance/coinbase/kraken execs last week hosted by MicroStrategy... There's best practices guides and handbooks now for corporations to get it. Available on MicroStrategy's website.

>>28125272
Learn about the halving. Every 4 years the reward for mining bitcoin is slashed in half. This creates scarcity which raises the price of bitcoin, thus creating a bull market. It has nothing to do with human behaviour. It has to do with demand and scarcity. It a genius system because it also creates a stable market, you know what to expect.

God anyone investing in this shit is actually retarded. Everyone i know lost money on this pyramid scam.

>>28126241
I know about halving, but why would it cause the price to spike so much? All it does is reduces the amount of bitcoins put in per block mined, not the amount that's already out there

>>28120507
>Correct. I don’t know why everyone thought it was a bearish chart.
Because you said "guess what comes next", which is the language of bears that want to scare people but they of course have no ammo so they have to rely on innuendo and cheap implications, so they never spell out what they mean.

>>28126370
They only lost money because they didn't hold onto it long enough. Anyone who has bought prior to today no matter what has increased value.

>>28126453
where do you think new bitcoin comes from? the miners sell it. if their supply is reduced they need to charge more.

>>28126370
Very low iq.
https://decrypt.co/56998/crypto-art-sales-on-ethereum-reach-a-record-80-million

You have no idea what is coming. fud elsewhere

>>28126370
>buy
>hold for a year
>double your money
wow, retards lost money on this?

are you really this fucking stupid? Enjoy buying the bear market

>>28110403
I still think correction is coming. Elon Musk just pumped it today...

>>28110403
Yes, everyone knows we're going back down to 18k aaaaaaaaaaaaaaany day now.
Shoooooould be any day now.
Anytime.
18k.
Soon.
Yup.

>>28110403
>was 41 down to 30 the big one
>forgetting it was 3k a year ago.
lmao the "big one" will be <10k and no one talking about btc for another 2-3 years.

>>28126241
I actually think aliens or some supernatural being created bitcoin at this point

>>28119448
Are there seriously people on this board that shill against Bitcoin, the OG? If BTC really is going to reach 1 mil one day, why do they shill so hard against it? Do they hate money?

>>28110403
>Was 41 down to 30 the big one? I have a decent amount of cash on the sidelines waiting for the dip into the mid 20s, but I'm starting to get a little nervous the correction's already in desu.

The long outstanding correction to 50k will happen soon, probably mid march.

>>28110403
Dumb. It went to 42 anyways (41,999.99)
(30-42)/42 = -28.57%
That was your correction
>muh 50%
Not happening champoid, 20 is off the table. By the time it really corrects again it'll be 75 going on 50.
>>28127137
Big ones are always about 80% off the high. Have you noticed the lower bottoms every time scrub
You won't see sub 10 ever again screenshot this tattoo it on your ass chisel it into your grave

>>28117149
You’re talking all gay, that’s not how markets work

>>28117217
It will be the world's /reserve/ currency, so yes backing the CBDC's like you say.

>>28127297
They want the price to drop so they can buy more

>>28110985
>you think elon would buy 1.5b if he thought it was gonna burst, he would have bought it months ago

He bought it last month at 40k, idiot. He knows it'll reach 100k minimum this year.

>>28127297
combo of:
>coping/seething nocoiners
>retards trapped in 2017 who still think their fud has any effect
>newfag redditors from wsb who only care about options on SPY

>>28127193
>I actually think aliens or some supernatural being created bitcoin at this point
>aliens
>supernatural being
You already know the answer, Anon...

>>28117998
> When you're so old you don't know that in Internet time, 3 years is an eon.

>>28110403
It hasn’t really pumped yet

>>28119035
>world sovereign debt $100T
>all of it is denominated in trash and has no yield
>10% of it moves to bitcoin and youve got your 10x

Except that isn't how MCAP works and if 10% moves to the BTC or the Blockchain total MCAP would be way higher than 10 Trillion

>>28127407
>>28127536
Wow, if that's true, then hardcore No-Coiners truly are the saddest and most miserable creatures on the planet, second only to the international financial system elites.

>>28112196
>Who the fuck is buying BTC now?

People who want to preserve their wealth and expand it. They aren't poor coping idiots like you.

>>28118734
>It looks big now because of monopoly money, but compared to other asset classes its about the same as where it was last year.
Earlier this year, Bitcoin and the nasdaq were at 10,000 at about the same time. Yes, Bitcoin was $ and Nasdaq was "points", but if you don't understand that investing $10k in either and seeing a doubling of either btc $ price or nasdaq "points" means you leave with $20k, you are too dumb to get much of anything, so I'll have to assume you get this.
Anyway, nasdaq has barely managed to scrape itself over 13,000 points whereas Bitcoin is over $40k. You were saying about it performing the same as other asset classes?

>>28122905
You da real MVP Anon. Keep stacking Sats and HODL...

>>28119925
You are too retarded for this board. You don't acknowledge when you've been BTFO on one claim and just move the goalposts to the next. GTFO off my board.

>>28114030
>if you think 25k is the bottom,

Then you're a retard beyond down syndrome.

>>28114557
>If I manage to get 0.1 will I make it eventually?

In 5 years, this will be 1 million usd.

>>28112196
I buy every tuesday. Always will until I die I guess.

>>28119123
> tulips
> the scarce resource with excellent store of value attributes that can't ever be minted by anyone.
You think all things that grow in value are tulips, don't you?

>>28114875
>you really believe it'll hit $1m?

Do you realy massive nigger and mudslime colonization will destroy white countries?

>>28127956
yep. check out r/buttcoin right now, the cope levels are off the charts. they are still in a circlejerk trying to convince themselves it is fake magic internet money that will go to zero.

>>28115065
>THAT BEING SAID, what makes you think we’re going to go up more?

Infinite fiat money printing and mass adpotion by institutions and private people?

You'd have to be a cockroach brain to deny bitcoin going up further in price.

>>28112594
Satoshi eventually said, that what Bitcoin had become was more akin to a precious metal. This will never be a currency used as a common transactional medium. It is too scarce.

>>28120501
>Several states allow taxes to be paid with cryptos
Does paying IRS in Bitcoin incur a taxable event?

>Gold literally cannot be a world currency. It may back up CBDCs but yadayada

Why do you Cuck-enapes hate logic so hard that you choose poverty over concessions?

>>28128871
yes, IRS is gay retards

>>28115745
>Why would a billionaire buy BTC?

Because they want to preserve and increase their wealth, unlike idiots like you and your r/buttcoin buttbuddies.

>>28119504
Means nothing.
The report is very vague (on purpose) as to what they are going to do with their coins. Long term or short term, instant liquidation or not, etc...

>>28128625
>buttcoin
OH SHIT!!! I forgot about that sub, and I only found out about it like a month ago. BRB, gonna harvest plebbit salt

>>28110403
THIS IS A BULL RUN
WE WAITED 3 YEARS FOR THIS AND YOU ARE HOLDING FIAT/STABLES WAITING FOR A DIP!?!! ...A DIP WHICH ALREADY HAPPENED?!!??
ngmi

>>28116562
>Why would you buy BTC then? BTC will evaporate with the market just like last time.

It's funny how you keep posting delusional idiotic ramblings like this and cry yourself to sleep every night because you missed your one chance to get rich and escape the wagie-slave life ;)

>>28120185
That's because first it takes 2-3 (business) days for your stock trade to "settle" (this used to involve sending a bike messenger with physical copies of stocks and could actually take up to three days, today it's obviously computerized and should take seconds) and once that's done, the money is really yours and you can begin the process of transferring the money to your bank via the ancient, dinosaur fiat systems, which takes another 3-5 (business) days.
When selling crypto, the time to settle is sub-second, just as it is supposed to be when the whole thing is computerized. So you have your money immediately and can initiate the transfer to your bank. However, that still takes 3-5 business days since that's the old, dinosaur fiat system at work again.

>>28110893
Parabolic forever until the US dollar collapses.

>>28117286
>This. Hedgies bought at 10-20k. They're going to start dumping on the "mah lil Bitcoin doin a lil sum sumin" people soon.

Typical delusional coping by some loser who's butthurt he sold his bitcoin early.

it's pretty obvious that we will see 25k soon again, this 24/7 up won't last

the correction will be brutalious (brutal + glorious)

>>28110403
We won't hit any major spike till we get to the 100k range.

why is this shitcoin going up? it was suppose to reach 50k at the end of this month, not now.

>>28129155

That sub has been created in 2012. Imagine posting there since 2012, seeing the price go up and up and up, and still somehow try to justify dedicating your life to FUD against bitcoin while stayng a poor wageslave. Missing out on your chance to be financially independent, year after year after year. For a decade.

That place must be a major centre of suicides on faggdit. And with Tesla's announcement, the suicide rate must have massively spiked today.

>>28130011
I hope what you're saying is true, just more Bitcoin on discount for me lmao.

>>28110403
the 28-33k was the correction in the greater upward trend to 100k.

>>28130011
see
>>28129648

>>28130255
Checked, I just got back from that sub...

NO-COINERS BTFO FUCKING KEK

>>28110403
do you have any idea how much money the FED is printing right now?

The price of everything is gonna at least double this year. Speculative assets that only 10x this year will be laughed at as under-performing dogs

>hahaha you bought stock index funds? what a moron, they only went up 50% this year when my shitcoin did 100x

>>28129069
well their loss, then they are not getting my bitcoin. You could have been rich, IRS, rich!!

>>28112196
banks and corps
welcome to the biggest bullrun in the history

>>28111818
Read the chart nigger. It shows 2017 BEFORE the 20k ath

Were at 2-3k 2017 levels

Who's comfy waiting for the collapse and doesn't care at all of the global hype ?

>>28118740
This. How can you retards still be skeptical? Next week some other big tech company is buying another bil, then another, then another. There's no stopping this wild ride.

>>28126370
How? You just buy and wait, literally free money.

>>28127002
I hope so. When it does I'm buying a shitload.