/biz/ - Business & Finance

>>16570420
top kek

Why would they let BTC rise?
BTC undermines fiat money and systems. it also lets plebs get rich.

50k BTC seems unacceptable from that perspective, and 100k+ would be unpalatable for them.

>>10122931
more memes being mined.

When you tally up the amount of different memes being mined and posted on biz, there's an influx of excitement. Therefore there is an influx in value of bitcoin.

Wait, you mean thats not how this works? Nevermind. Short it to $0

Dubs and green ID confirm.
$10k by eoy.
Snapshot this

>>9532283
And this is exactly why bch will surpass btc

Have you noticed?
Nobody gives a fuck about the price of BTC anymore. It could test 5.9k again and i don't even think anyone would really care all that much. theres been either a massive shake out, and everyone who would have sold has already, or we are just desensitized and lost hope of going up. That's why we have't completed the double bottom imo. We have hovered here for 3 fucking weeks, but nobody is really selling anymore. there isn't enough sell pressure to test the 5.9k range.

What's happening?

IMO all that is left is a spark to ignite an upward trend or a bag to cause a huge sell off like some catastrophic (binance hack).

BTC was created out of a despise of traditional investments, monopolies, and slavery to a system in which the average person has 0 power to protect their own assets, wealth, or economy from greedy 1%ers, conflict of interest in political struggles, and acting themselves as collateral in the giant monopoly of the financial economy of the world.

some of you might argue it already failed. Some of you think its under attack now because its demonstrated proof of concept.

What makes you think this can ever die? if we witness another financial collapse, i believe that crypto will go through a second shine. people will flock to it again due to its deflationary nature and see it as a safe haven from manipulation by traditional powers. this is the true value of bitcoin. not speculation. it may crash now, but it will never fail at its purpose. people will forever use bitcoin from now onwards. i'm too stupid to know what this means from price eventually, but one thing is for sure its not going anywhere.

>>8521737

It will?
I dont see how it could ever get above 10k again. This is such darkness for crypto.

im at my wits end. This year has been nothing but media and institutional FUD on a scale i've never see nit before. i've been invested since 2015 but this is unprecedented. either they are fighting hard to kill it now or its genuinely dead.

wtf is going on biz

what went wrong?

Someone tell me... I heard coinbase is shit cuz u cant sell

Guys, its over... just give it up

AND GOT SOOOOOOOOO FARRRRRRRRRRRRR

https://www.youtube.com/watch?v=eVTXPUF4Oz4

AND GOT SOO FARRRRR

https://www.youtube.com/watch?v=eVTXPUF4Oz4

where did it all go wrong?

>power goes out
>lose ability to use currency