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/biz/ - Business & Finance

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File: 161 KB, 530x526, Bitcoin.png [View same] [iqdb] [saucenao] [google]
16661530 No.16661530 [Reply] [Original]

CAN YOU JUST MOON OR DIE YOU PIECE OF TRASH COIN
THIS IS FUCKING BORING

>> No.16661541

>>16661530
Female posters have to post their tits. ‘Tis the rule

>> No.16661545

inpatient cunt stfu

>> No.16661549

sorry sir this is a $7200 stablecoin

>> No.16661565

all green id's moon soon

>> No.16661580

>>16661565
test

>> No.16661622

>>16661530
Bitcoin still kicking is so bullish that if you don’t hold you will kys

>> No.16661628

>>16661530
btc isn't going anywhere. it's gonna hang around a 3k -15k region for the rest of its life. the billionaires who control markets are ensuring that this is the case. enjoy

>> No.16661640

>>16661530
Your lack of patience will be what stops you from making it fren

>> No.16661724

"we'll tame bitcoin"

>> No.16662160

Bitcoin will never be $1,000 again, or $20,000 again. This is just what it'll do now. Kinda like what they are doing with Gold. They can't have a crypto coin threatening their power. I had to give into this fact so I sold out until we see it go a lot lower. Use it to your advantage.

>> No.16662207

>>16662160
lemme guess you failed econ 101

>> No.16662236

>>16661530
Buy Nerva is you want incoming volatility (and money)

>> No.16662241

>>16662207
it's not about economics if it were bitcoin would already be 500K+, gold would be damn near 50K per ounce. they have complete 100% control of the market. they can just as easily manipulate crypto and they do the traditional financial markets and they are proving it. i hate it too but it is what it is. when I first got into crypto i thought it was going to be a way out, every day that passes i feel it's further from the truth.

>> No.16662267

>>16661580
Sorry, you're not going to make it.

>> No.16662319
File: 677 KB, 708x4331, btcfuturesfutpw9_92.png [View same] [iqdb] [saucenao] [google]
16662319

>>16662160
They shorted it with their future contracts. Only gold and silver had future contracts before they assigned them to Bitcoin.

They let some of us get rich, but they cant immediately take it down. They had other strategies and many, many investors are in on their plan to keep Bitcoin from making the poor rich and the rich poor. The Rothschilds and people like them will remain in control until further notice. They are buying time and will be prepared for when SHTF. They always are prepared. All we can do as average people is prepare the same and keep tabs on what is going on in the world. Don't get too into conspiracy theories, but keep a feather in the hat.

>> No.16662322

>>16661530
It already mooned a while ago you fucking dumbass. It’s only down from here.

>> No.16662355

>>16662241
this. it's time to take the /eternal_limbo/ pill, frens. BTC is basically digital gold now.

>> No.16662358

>>16661530
this attitude is why you will fail

>> No.16662363

BCH is the real bitcoin

>> No.16662375

BSV is the real bitcoin dont be fooled

>> No.16662403

>>16662241
it's pretty simple tho
supply and demand
if demand grows and supply can't there is no way anyone can suppress the price.

>> No.16662471

>>16662403
I understand supply and demand, the problem is all they are doing is supressing it just like gold. they are selling paper gold... people will do the exact same with bitcoin. there's no difference.

>> No.16662496

>>16662471
people using etf on btc are completely retarded
imagine holding a “derivative” instead of the private keys

>> No.16662497

>>16662471
you think gold is being suppressed by the futures market? kek. it's actually propped up. it would be around $50 to $250 an ounce otherwise depending on industrial use picking up or not.

>> No.16662504

>>16662496
401k i think is the main reason. you can diversify into crypto with a few % and potentially quadrangle your interest which compounded is insane.

>> No.16662510

>>16662504
*quadruple
and it's tax free

>> No.16662545

>>16661530
As store of value btc is just gona be a stable coin once it reaches its ultimate value, that when the coin # 21m is sold / mined, meanwhile its gona range from ~7k$ to 100k$

>> No.16662701

>>16662545
When transaction fees go to the moon, it will not be useful for micropayments, which Bitcoin was designed to be. Digital cash, not digital gold. It's digital gold because Blockstream refuses to apply an adjustable blocksize as Bitcoin grows. The 1 MB blocksize was a fix Satoshi put in to help fight off spam attacks. There should be a block size limit that adjusts to the daily, monthly, and annual hash rate, on chain transaction volume and supply and demand of the coin.

Satoshi wasn't the God of fuck. He was very intelligent, but even most geniuses fail to be perfect in what they design.

>> No.16663829

>>16661640
Fucking sage advice here. Been in crypto since 2013, doing nothing is usually the hardest part.

>> No.16663947

>>16663829
You should be rich by now kid, what are you crying about?

>> No.16664228
File: 665 KB, 1080x608, 1553013947885.png [View same] [iqdb] [saucenao] [google]
16664228

>>16662545
>~7K
Hahaha

>> No.16664257

>>16661628
>15k
nice
when

>> No.16664436

>>16662701
no bitcoin was designed to be a trustless permissionless publicly auditable ledger that is secure. which makes it a store of value and a means to transact that value without any trusted authority or legal framework.
because of it's supply curve it could never be cash. from the first moment it was born it couldn't be cash unless at fringe adoption.

>> No.16664440

>>16664228
look at any 3y period and look at the gains btc made it's great to sprinkle your other investments with this limits your potential loss to a few% in any case and make you double the rate your money grows even at 1% exposure.

>> No.16664445
File: 44 KB, 512x365, hodl.jpg [View same] [iqdb] [saucenao] [google]
16664445

>>16663829
>doing nothing is usually the hardest part
agreed

>> No.16664480
File: 260 KB, 1344x1406, bitcoin-log-log.png [View same] [iqdb] [saucenao] [google]
16664480

>>16662701
>There should be a block size limit that adjusts to the daily, monthly, and annual hash rate, on chain transaction volume and supply and demand of the coin.
interesting idea but actually it's the average or median fees you want to adjust the block size to. however you need to know the price and bitcoin protocol doesn't know the price. it only knows difficulty and coinbase.

so you could hard-cap limit the block size to the x^2 mb where x is starting at 1 and increments with every halving. that works. but the soft limit should somehow depend on fees. however bitcoin has only one indicator it can use to determine it's value and that's hashrate. which in itself requires constant adjustments at every technological jump.
unless you program this power law curve into calculating the "fair price" of bitcoin into the protocol which will result in relatively low fees in case the price is under and relatively high fees when the price is above.

>> No.16664506

>>16664480
Go outside you fucking moron

>> No.16664711

>>16662319
And this is exactly why this board will forever stay as poor wage slaves.
Financial elite if they could, would put physical slave collars on everyone.