/biz/ - Business & Finance

>>7186054
As someone that's been messing with it since 08 i can confess i never believed in it. it always seemed like a over complicated version of paypal to me.

>>>/biz/
shit up your own board

Stages of grief thread?

Be in denial all you want, but bitcoin is here to stay

Bitmeme is a shit concept bound to die.
It's not yet now though. Use it to stock up

>>7186054
sold all my shitcoin. feels good

>>7186054
Down to 8?
God damn what happened now?

>>7186055
>been messing with it since 08
it was released jan 2009 you larper

>>7186054
>he doesn't understand how markets work
This is normal. I wonder if you're going to be all
>AHAHAHAHAHHAHAHAHAHAAHAHHA
when Bitcoin skyrockets back up to over $25,000?

>>7186062
Is it normal to dip 50% in a month?

>>7186063
It's normal for any market to correct 33%, 50%, and even 66% after a bull run like the one Bitcoin just had. If it corrects more than 66%, that usually signals the start of a bear trend, which really isn't the case here.

>>7186064
So its ok for my $100 today be worth $60 in a week?
Hmm very interesting.

>>7186056

Nah fuck that. Threads of crypto crashing are more than welcome here. Fuck miners for shitting up GPU prices.

>>7186063
Nothing is "normal" as far as crypto goes. It's way too volatile and unreliable (see price fluctuations, increased transaction fees and processing queue.) Gullible retards on suicide watch, good riddance.

>>7186061
Yea. Or so they say. I was a big irc lurker back in those days and i first heard about it on irc in 2008. i actually downloaded the client sometime in 09 and mined like 2 btc on my laptop (yes you heard that right) but i deleted the wallet because i never thought it would become anything. and really despite all the speculation pumping it's really not worth anything.

>>7186065
with that kind of attitude your $100 today will be worth 0 tomorrow.

>>7186065
If your $5 last year turned to $100 last month and was worth $60 today would that be that bad?

>>7186062
There are scammers running around frauding dumbshit investors just by mentioning blockchain

Normies are all over it and you are running out of people willing to hold the bag

It's over

>>7186068
You just lost 25k if you had sold your coins a couple of months ago

>>7186071
Bitcoin is just getting started. It's all a part of the...

Oops! That's classified information. You'll see what I mean when the new decade comes around.

>>7186072
i deleted the wallet back in 09. it think it had 2 btc if i remember correctly.

>keep hearing about bitcoin going up all year
>think it's just a meme
>going to grad school
>get $120,000 bank loan to pay for school
>bitcoin still going up
>keep hearing it's going to $1000000
>will never forgive myself if I miss the greatest transfer of wealth in history
>go all in with my student loan in bitcoin when it's almost at $20,000
>haven't paid tuition yet and missed housing payments
>still hodling
>fml
what do?

>>7186057
https://youtu.be/nTQ2J-o4j1Q

>>7186074
You had the chance to buy a geo metro with your cpu time.

>>7186068
You couldn't mine "2 BTC" because there were no pools, so you either mined a 50 BTC block or nothing.

Caught lying, a second time.

>not dropping everything you own into garlicoin

>>7186064
so if it's 65% it's ok, but 67% is bad?

t. fellow pseudo-mathematician

bitcoin crashing with no survivors lmao

hope it crashes into the dirt and all miners painfully commit suicide

>>7186054
Half hour later.
I think we can pronounce bitcoin as dead.

>>7186069
Ok pops lol

>>7186083
N-NO ITLL COME BACK

>>7186075
suicide.
You screwed your life.
No way back.

>>7186077
Yea. if i only had a crystal ball back then. Oh well can't change the past. Just have to learn from mistakes. Next time when something new comes out that claims to be revolutionairy i will make sure to hang on to it just in case.

>>7186075
This is why we have an SEC and stuff like that
>but muh freedom!
Freedom is for adults

>>7186085
Moments later.
lol

>>7186054
u mad i hav ur geepee(you)??? Going to churn buttcoin until I die. Pump n dump, brah

>>7186089
AAAAAHHHHHHHHHHHH

>>7186070
Uhh sweetie that's not how it works.

>>7186089
On what site can I check it ?

>>7186093
https://www.cryptocompare.com/coins/btc/overview/USD

I mined a bunch of dogecoins when /g/ was shilling that shit on Reddit.
Good pyramid scheme! Made about 3000 freedom bucks after a day of mining when that shit was finally put up on coin trading sites.
I don't ever believe this is ever going to be a stable currency, but it's a great way for a few lucky/smart people to make a quick buck

>/biz/ descending into blind animalistic panic

>>7186091
It's growing now. Quick, sell now, or it'll fall down again to ridiculous ows.

>>7186096
WE ARE MOONING BOYS

>>7186072
Nobody wants to buy coin, people just want to sell it

>>7186075
50% VEN 20% ETH 10% ICX 20% ARY, wait for one year

>>7186100
>unpaid bills
>unpaid tuition
>wait for one year

>>7186054
Why is everyone going nuts? ~10% deviations are normal with cryptocurrencies.

>>7186102
It was an all time low for the past month.

>>7186102
it was at like $18k earlier this month lmao

>>7186102
Because people don't know the difference between gambling and investing and a lot of people threw in way more than they could afford to lose, at the wrong time

>>7186075
gimme some

>>7186104
Yeah...? Back in the days, BTC hit an all time high of around $1000 and crashed. Nearly everybody sold and got out, thinking it would never recover.

>>7186054
best time to buy buttcoins

>>7186108
translation: buy back in good goys so the price can rise a bit so i can get out making a profit

Bitcoin was created almost 10 years ago. Seems like we have a regular economic collapse every 10 years. So if crypto does collapse i wouldn't be surprised.

>>7186109
Some people say Bitcoin could be worth 1 million per coin. Some are saying in 10 or 20 years. That is an amazing return on investment.

>>7186110
I don't own any cryptocurrency. My comment was not shilling cryptocurrency. They are currently unscalable and vulnerable to Shor's algorithm. If I were to bet on one currency, it would be Ethereum. It is in position to be the first to solve those problems.

That mod is a fucking idiot. Crypto is tech related. This thread is just gonna die here.

>>7186251
this

>>7186054
BITCONECTTTTTTTTTTTT

was funnier, but they are all worthless so.......