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/biz/ - Business & Finance


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16469147 No.16469147 [Reply] [Original]

The halving will literally finally let the price of bitcoin soar to new highs. Miners won’t be able to suppress this new technology and demand will this increase. You and I will finally be rich and Bobos will have to suck my dick!!

>> No.16469205

6 months out

>> No.16469225

>>16469205
Timestamp checked, bullrun is in 6 months

>> No.16469228

>>16469147
bull market happens 10 months after halving on average

>> No.16469277

Priced in, you fucking imbeciles.

The whole reason why there are futures at all is to make sure things like this are priced in waaaay ahead of it happening. Hence the name - futures.

Futured have sucked any lifeblood out of btc dry, it will halve just like LTC did.

>> No.16469291

>>16469277
You will be buying my cum and my bags, bobo

>> No.16469294

>>16469147
Bitcoin will be abandoned you idiots, get out now while you can.

Electrical cost too high, not economical, will become even more centralized.

>> No.16469299

>>16469294
and mcafee will eat his dick.

>> No.16469302
File: 386 KB, 2562x1244, Bitcoin_log1.png [View same] [iqdb] [saucenao] [google]
16469302

>>16469277
Was it priced in the last time? Or in 2012?

If you can't see the bigger picture then you're lost

>> No.16469324

>>16469302
Again and S L O W L Y for the not so bright ones - futures have been introduced in early 2018, whatever BTC was doing before that is no longer relevant. The whole idea behind futures is to price future movements in today. There won't be another bullrun like 2017, futures are there to prevent that and they are a very good instrument for it too. Just look what's been happening for decades now with gold and silver. BTC by its virtue crypto in general has been accepted to the same club - the club of neutered and docile.

>> No.16469325

>>16469277
Futures are imaginary debt contracts used to speculate and add liquidity, they expire each month for btc. It’s not a fucking time machine

>> No.16469332

>>16469324
Futures don’t tell the future, god you’re retarded

>> No.16469335

>>16469325
That's the whole point, you seem to be catching o, albeit at your own pace...

>> No.16469340

>>16469332
No, they manipulate future prices. Read up on futures and gold, if you can

>> No.16469348

>>16469147
The charts never lie right?

>> No.16469360

>>16469340
Have you never heard of bitmex?

>> No.16469365

>>16469325
Well said!

>> No.16469717

>>16469335
The gold price soared after futures were introduced.
futures are a bet om the future price but you don’t tell the future by referencing them you imbecile. Nothing is priced in.

>> No.16469759

it's so funny comparing these threads to those archived ones that keep popping up from 2016 and before. the same FUD. the same bear arguments. it's hilarious. and it'll be funny to look back in 2023 before the next halving too, when we're going to $250,000+ per BTC.

>> No.16469951

>>16469225
kek. we get a halving pump and dump people forget come june/july 2020 moon mission starts until april 2021. then market corrects until feb 2022. see you guys on the other side, and buy ltc as it's going to 1k-4k.

>> No.16469969

>>16469759
Delusion: The post.

>> No.16469991

>>16469969

check my green WIN ID vs your pink wojack ID

>> No.16470015
File: 155 KB, 1280x800, 09283LKJSFs34.jpg [View same] [iqdb] [saucenao] [google]
16470015

>>16469969
you in just two more halvings

>> No.16470065

>>16469324
Stock index futures were invented long after indexes were a thing and have had practically zero longterm effect on the appreciation of the stock market despite being a thing for decades. They exist as a vehicle for hedging, speculation, and arbitrage only. So please shut up trying to sound like you have a clue cuz you really don't.

>> No.16470127

>>16469324
you don't need to write S L O W L Y as many of us are way ahead of you.
You sound like a kid who just learned about "rehypothecation" two months ago and now is running around afraid the sky is falling - trying to apply it to every situation in blanket form.
* btc being a purely digital asset is much less affected by rehypoth than traditional assets.
* its a huge pain in the ass to take delivery of 3 tons of gold....its trivial to take delivery of 1000 btc.
* to someone intent on buying physical btc...what does paper price of greyscale trust have to do with it? it has no effect on their purchase decision.
* those buying paper never intended to buy physical to begin with: they are either using as a temporary hedge against some other physical trade they are making or they cant buy physical for legal regulatory reasons - hence there is no loss of sales into physical since by definition they were never going to buy physical to begin with.

>> No.16470131

>>16469951
Why would ltc go up? I thought it was accepted that it had no future development.

>> No.16470165

>>16470131
ltc ALWAYS follows btc, I dont know about 4 figures though. peaked at 340 or so last time

>> No.16470167

>>16469324
'some arbitrarry number determinnes some other arbitrary number'

hows it feel to fall off the stupid tree, 'economical theorist'?

'futures' are just a way for boomers to invest in bitcoin.. its like investing in a bitcoin company on the stock exchange........... very retarded. just buy bitcoin instead of applying outdated economical concepts to it.

>> No.16470230
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16470230

>>16470165
Yea it peaked at 340 but it was trading at 3,4 usd before the btc halvening 4 digits is obvious.

>> No.16470240

>>16469277
you're retarded

>> No.16470246

>>16470230
Been debating on where to throw in another 1k once I get my bonus. Should it go in btc, LTC or another coinbase shitcoin?

>> No.16470247

>>16470230
top kek these guys unironically look like someone on the kleros team

>> No.16470258
File: 1.83 MB, 427x240, bogged.gif [View same] [iqdb] [saucenao] [google]
16470258

>>16470246
As anon said ltc follows btc price, ltc and xmr are the two alts that will moon massively.

LTC because it follows btc and it's the second crypto by hashrate and liquidity.
XMR because it will have lower inflation than fiat a few months after bitcoin breaks fiat inflation level next year.

Both will moon massively.

>> No.16470460

>>16470258
You're telling me ltc will moon higher than eth on the next run?

>> No.16470491

Two words: Priced In

>> No.16470502

>>16470258
Will XMR moon more than BTC? I like XMR's fundamentals and philosophy more but I also want to make money

>> No.16470508

>>16469324
okcoin was offering futures in like 2012/13. you’re priced out nocoiner.

>t. 2011 oldfag

>> No.16470715

>>16470491
>the nocoiners lament

>> No.16470809

Bitcoin doesn’t give a fuck about (((((((((((futures))))))))))) it’s going to blow past 100k after the halvening.

>> No.16470847

>>16470809
It's not. It's shit and is dead. 1mb is a joke and cannot be used by businesses. 3-7 tx/s does not cut it. Variable (high) fees does not cut it. Lightening is a mess.

>> No.16470875
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16470875

>>16470847
>It's not. It's shit and is dead. 1mb is a joke and cannot be used by businesses. 3-7 tx/s does not cut it. Variable (high) fees does not cut it. Lightening is a mess.

>> No.16470902

>>16470508
Does Barren Wuffet and Boomer McGuy know how to use okcoin? No. Do they have access to use CME CBOE Bakkt in 2019? Yes. It different now. It's over face it. If you didn't make it by now you are only going to lose from here on out.

>> No.16470918

>>16470847
Bitcoin is not meant for adoption for everyday business transactions.

>> No.16470932

>>16470847
>BTC is dead
>Dorsey turning Africa into a BTC miner
As I said, it’s going to blow past 100k. Actually that price is extremely conservative.

>> No.16471025

>>16470918
Haha! I know this is bait, but Bitcoin is electronic cash as stated in the white paper.
You can issue USD and any other currency over its blockchain.


>>16470932
> it’s going to blow past 100k
It's really not. Miners will go where the money is -> BSV which will become inherently more valuable.

I doubt BTC will retain its ticker come 2020.
STC maybe?

>Dorsey turning Africa into a BTC miner
Kek that is not what he said.

I'm honestly astonished at the brainlets who think segwit coin has a future.

>> No.16471051

>>16471025
You’re shilling forks of Bitcoin man. You’re the most pathetic chap in this entire thread. I rest my case.

>> No.16471106

>MUH HALVENING
shouldnt have pumped the scam to 14k when it should be in accumulation. this shit is going to 1k now. cope

>> No.16471113
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16471113

>>16471051
>I cannot rebut a single point made in this thread and must resort to ad hominems.

Pic related is you.

BTC is a fork since BLOCK stream introduced segwit and all kinds of other fuckery.

>> No.16471133

>>16470131
It will not. Buy BTC. However, its most likely going lower before 100k+.

>> No.16471142

>>16469291
you will be beging for money on the streets

>> No.16471182

Please god make it happen I‘ll be so fucking rich

>> No.16471419

>>16470167
In fairness the fees when trading futures are about 30 times less than most bitcoin exchanges assuming a typical crypto fee of 0.2% both ways. I don't know offhand the exact figures but it probably costs somewhere around a dollar or two to roundtrip trade a bitcoin contract whereas on a crypto exchange that's gonna run you around $30 at the moment. Bitmex is of course really cheap if you are maker. The downside to futures is it's settled in cash so no bitcoins.

>> No.16471644

>>16471113
You dont understand what the word fork even means.

>> No.16471709

>>16469324
>futures dictate the price of bitcoin
>not fundamental events and hype
How new are you?

>> No.16471725

>>16471182
That’s exactly why it won’t happen. Better get back to waging goy!

>> No.16471771
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16471771

>>16471106
It'll correct to 6k stop being silly

>> No.16471798
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16471798

these are the CME options offered by CME. in my next post i'll post the expiration dates.

can someone tell me how this is supposed to "price in" the halving anticipation? the strike prices are not that off from the current price.

however, if everyone anticipates a rise, they're all going to go for the lowest option so they can capitalize on the expected return. this will then incentivize market makers to see to it that the price never rises

>> No.16471812
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16471812

>>16471798

>> No.16471818
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16471818

>>16469324
retard.

>> No.16471869
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16471869

>>16469302
> trying to find +2 year pattern in an 8 year old market
none of those look the same

>> No.16471970
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16471970

>>16469277
>priced in cope posts

Yeah they worked out great in 2016 numbnuts

>> No.16472553

>>16469277

You do realise they said this last time right? Or were yo still in your mums pussy back then you little child

>> No.16472596

>>16469277
Too much redpill nor /biz moonbabies, you can see all the seething triggered brainlets responding

>> No.16472628

>>16472596
not moonbabies. you are simply too stupid to understand statistics or math.
be honest, your family has been poor for generations, correct?

>> No.16472670

>>16469324
Can you explain more slowly for the brain let’s please. Annon I understand that futures low people to buy btc in the future at a price today. So how does it impact ? In a negative way?

>> No.16472694

>>16469277
You can’t price in history, because it hasn’t happened yet.

Every day that BTC conforms to S/F, there is another argument that the price will go up.

>> No.16472812
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16472812

>>16472670
The idea is that if you can profit off BTC without buying it, then there’s less buy side action, so there’s less resistance to price drops, and more sell side action in the short term as traders sell their coins to instead invest in futures.

The institutions providing these services, Bakkt and CME are under scrutiny for falsifying their BTC reserves, because not everyone is cashing out at the same time, and not everyone is cashing out in BTC. This means it’s basically fractional reserve banking in the background, while keeping a public front insisting that they actually store the sats for every dollar in contracts.

Once Bakkt releases cash backed futures contracts, which completely removes BTC purchase from the speculation process, they will have given traders a method of profiting off drops in BTC price, without even a fractional reserve of BTC needing to be purchased by Bakkt. This, once again, creates less resistance to price drops and incentivizes those holding BTC (which is volatile with respect to the dollar) to sell and instead always be holding more dollars, decreasing the volatility of their portfolio.

That being said, an increasing percentage of BTC wallets are not moving, therefore a decreasing percentage of BTC is being moved in and out to speculate on the price, which counteracts these market pressures. The logic is that because BTC is a deflationary asset, holding is significantly lower risk than trading.

>> No.16472833

>>16472812
On my last point I should have said

“Holding is profitable enough to prevent investors from trading, in order to decrease risk in their portfolio.”

>> No.16472854

>>16472812
hi brainlet:

* btc being a purely digital asset is much less affected by rehypoth than traditional assets.
* its a huge pain in the ass to take delivery of 3 tons of gold....its trivial to take delivery of 1000 btc.
* to someone intent on buying physical btc...what does paper price of greyscale trust have to do with it? it has no effect on their purchase decision.
* those buying paper never intended to buy physical to begin with: they are either using as a temporary hedge against some other physical trade they are making or they cant buy physical for legal regulatory reasons - hence there is no loss of sales into physical since by definition they were never going to buy physical to begin with.

>> No.16472935

>>16470918
Finally someone gets it.

>> No.16472944
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16472944

>>16469147
priced in

>> No.16472990

>>16469302
You mean before futures? Before the institutions and the banking Cartel bought in? Instead of pure manipulating, they just suppress the price (which ironically is manipulation).

>>16469324
What this anon said. Once the banking institutions of the world figured out how to acquire Bitcoin, that was the end game. The technical code of Bitcoin is rigged and the markets are rigged.

You all think Bitcoin is the same it was in 2010 when Hal Finney and other developers were donating time to improve Bitcoin. That was before any mainstream media and 4chan had any idea of what it was or what it could be.

>>16469360
Fuck margin trading and gambling your bitcoins away. Actually use it and get businesses to accept it as a digital payment. That's why Bitcoin will fail. It's not the almighty and invincible digital money everyone thinks it is.
And stop valuing Bitcoin in USD. I know it's a safe haven hedge against inflation of the dollar, but it only being worth a damn is because people value Bitcoin in fiat.

>> No.16472996

>>16469147
I dont own any btc (yet), but this is why I refuse to sell any chainlink. I'll sell only after

>staking
>btc halving

when these two conditions have been met I expect to earn a nice reward for holding both and then i will sell.

>> No.16473004

>>16469147
>he thinks the halving isnt priced in after the countless months of massive shilling about "muh halving starts bull runs!" literally everywhere
OH NO NO NO LOOK AT THIS DUDE

>> No.16473005

>>16472854
Just because there isn’t physical delivery, does not mean there isn’t fractional reserve banking occurring. We have no idea what wallets stores these assets, only that that digital asset company contracted by Bakkt is owned by Bakkt. There are no public keys, and what is done with the coins is completely off the books. They can loan BTC, insiders can take BTC loans, there are many institutions which do this without fractional reserves. So problem isn’t delivery, but rather that there are financial incentives to commit fraud.

And if there’s anything we’ve learned from this first decade of crypto, it’s that fraud is the name of the game. When someone give their BTC to an institution to manage, anything outside of public key storage is potential fraud. The power of BTC is supposed to be a pathways towards monetary independence from these things, but so long as the dollar is dominant, there is an incentive to engage in fractional reserve banking.

>> No.16473042

>>16473004
4chan is meme magic, but the wallets of everyone who posts/lurks as media consumers will never come close to the institutional involvement and major investors who do not give a fuck about anonymous image boards.

So people shilling or fudding on here only represents the beliefs of a tiny fraction of the buy/sell activity

>> No.16473080

>>16473042
>here
bro halvening shilling is literally EVERYWHERE
even on cnbc

>> No.16473083

>>16470918
Bitcoin started out with the idea that it could be used for daily transactions. Satoshi even said it could scale passed the amount of tx/s as Visa. So why was there a block size limit of only 1 mb? If he knew that one day Bitcoin's network would have a major increase in traffic, a small block size would cause fees to drastically go up and you'd never see more than 7 tx/s.

Bitcoin like fiat, is now under control by big wallets and insiders that coordinate when it pumps and when it dumps.

If and when Bitcoin does go to 20k again, it will once again take days for your transactions to go through. If you didn't buy before 2017, then you just missed out on easy money. But if this all Bitcoin will be (buying and selling everyday in order to make a profit instead of using it as a payment of goods or services), then fuck crypto.

>> No.16473086

>>16473005
>They can loan BTC, insiders can take BTC loans, there are many institutions which do this without fractional reserves. So problem isn’t delivery, but rather that there are financial incentives to commit fraud.
1. this is why events like 'proof of keys' is important. coming up again on jan 3. last time is what precipitated collapse of that gay canadian scammer who's wife said he died in india.
we all need to participate again this jan 3. pull funds off all exchanges, etc. it would only take 30-40% to expose frac-ing. annual or semi-annual events like that would keep the industry afraid and honest.
2. however your kinda barking up wrong tree with bakkt. each contract is physically delivered either daily or monthly. fracking in that scenario would get uncovered very quickly

>> No.16473119

Futures are just derivatives to speculate on future prices how does that supress price? Shorting with futures is no different to any other derivative. All your paranoias about suppression is so dumb, institutions do not give a fuck about bitcoin.

>> No.16473139

>>16473119
moreover downside is limited. upside is infinite.

>> No.16473264

Dream is dead. Think about it like this.

What was Bitcoin actually about. What was the philosophy behind bitcoin in the past?

Back in 2009-2011 it was a digital form of currency that could be used anonymously (since you could mine it yourself instead of linking your identity to it) and then use it to buy illicit goods. It actually had a purpose and value due to that.

From 2011-2016 it was about becoming a global currency one that would defeat fiat and be used universally by everyone and since there would be no creation of new currency it would slowly appreciate against fiat.

Then from 2017 bull run onwards things started to change. Etherium and other next generation crypto started to think about smart contracts and other things.

People started to realize Bitcoin won't be the globally dominating currency because crypto competition would crop up. So the new idea was that Crypto would be like gold. A gold standard of valuation that is a digital hard asset and not to be used as a currency.

However after the crash people stopped believing in the "crypto will do everything and anything through smart contracts" bullshit and that entire philosophy died with it.

Now Bitcoin has no real philosophy behind it. The only reason it still has some valuation behind it is because of speculation. People hoping to sell it for a higher price at a later date. No one actually has any dreams or goals for crypto anymore. The entire field is dead.

THIS is why there won't be a boom due to the halvening. It's mere coincidence that there were booms in the past and they are correlated with a shift in mindset around the crypto technology and philosophy of Bitcoin. They WEREN'T based on the difficulty of mining operations.

Ask yourself this. Who actually uses crypto nowadays? the technology is 10 years old by now. Does the fintech industry use it? Do stores still accept crypto or is that going down? Is the speculation market growing or is it slowing down with lower and lower throughput?

>> No.16473267

>>16473080
Okay, now you’re talking about something more substantial.

Large institutions and investors don’t trade on the news.

You can’t price in the halvening completely, because it has only happened twice. If it happens three times, then more institutions and large investors get in.

>> No.16473288

>>16473086
Plenty of loans take place over the course of a day or month, and move hundreds of billions of dollars

A la the repo market

>> No.16473342
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16473342

>>16473264
>From 2011-2016 it was about becoming a global currency one that would defeat fiat and be used universally by everyone
Not so fast

>> No.16473351

>>16472553
let him kee his fud. Its all he has. We'll just spit on him from our yachts once we make it. He will want to join the btc yacht part only but be greeted with spit in his mouth and eyes

>> No.16473403

>>16469277
Literally have sex, incel.

>> No.16474129

>>16473264
The questions most neets refuse to analyze and think about right here. It was an experiment to begin with and the group behind Satoshi and bitcointalk devs really had no idea of where bitcoin would be 10 years later. They theorized with their intellectual capabilities and experience that bitcoin had the means to last due to its network effect and immutability as a digital ledger.

Ethereum changed everything. There's been nothing but focus on getting rich by buying whatever next shitcoin is created and speculating on the price. Nobody is applying bitcoin as the money they accept for items they sell. That is not happening on a grand scale like grocery stores and top retail around the globe. They still use fiat and continue to do so.

The institutions and inside traders actively have their eyes on bitcoin and they are the invisible hands that control where it goes.

It's nuts how a project like Chainlink is given credibility as a real thing. There's nothing there to use. It's all talk at the conferences. They will keep speaking and promoting it to get more people to buy into it and make them rich. Ponzi schemes 101.

There's no ingenuity and honesty in crypto anymore. It's the greater fool theory and nothing else. It's easy for banks to shut down access just by banning the ability to buy crypto with fiat. That's getting harder to do without exposing who you are, which is the main benefits of bitcoin: staying anonymous by not attaching your real name to your coins.

>> No.16474376

>>16471113
2 rupees has been distributed in your account good work sir

>> No.16474549

>>16469147
can you explain what you mean? what does halvening do with suppression from miners? wut?

>> No.16474574

>>16469759
>the same thing will keep happening over and over and over again
good logic there retard!

>> No.16474597

>>16469302
>decimals where commas should be

I hate Europe.

>> No.16474614

>>16474129
posts like this just make me feel all the more confident that i'm positioned correctly. people think crypto is simply going to go the way of the beanie baby. grasp that this is not a fad and a future market is being built.

>> No.16474628

>>16470918
ABSOLUTE STATE THE POST

>> No.16474652

>>16470460
Probably the same since eth will need to upgrade maybe eth moons more if eth 1.0 is burned

>> No.16474670

>>16469759
This

>> No.16474674

>>16473005
>fraction reserve banking
>for bitcoin derivatives

m8 you're an absolute trenchbrain. derivatives can come out of thin air, they don't need to be backed by anything as long as their are counterparites for each transaction. It's like thinking betting on a football game effects the outcome.

>> No.16474757

>>16474129
>It's easy for banks to shut down access just by banning the ability to buy crypto with fiat.

This is what people should be bringing torches and pitchforks into the streets over. Are we going to put up with it or what?

>> No.16474807

>>16470460

ETH was hyped because of ERC-20. Now it has like 9 competitors but nothing serious yet. ETH could die at any time if the sharding goes wrong. It could moon if it does work. It could be replaced if it takes too long. LTC doesn't try to be anything other than being superior money to fiat. It doesn't really need innovation to go up based on speculation, it just needs to keep existing.

>> No.16475094

>>16469277
See the sad thing about a guy like you is in about 2 years you’re gonna start doing some thinking on your own and you’re gonna come up with the fact that there are two certainties in life.One, don't do that.And two, you dropped a $15000 on a fuckin’ bitcoin you coulda got for a $1500 in late december at the coin exchange.

>> No.16475583

>>16474674
Bakkt has BTC derivatives my guy. If you wanted to speculate while - supposedly - only ever touching BTC, you could. But until you cash out, it’s an IOU and they are engaging in fraud. Fuggof

>> No.16475607

>>16474674
Also, it’s different bc games have binary outcomes, whereas the amount of outcomes of BTC speculation are every satoshi added up from zero to the future price, multiplied by whatever combination of orders and leverage you’re using.

>> No.16475640

>>16473264
Lmao

WHO THE FUCK BUYS STOCKS AND HOLD *NOT* THINKING

“I HOPE IT GOES UP”

WHY CAN’T YOU BRAINLETS UNDERSTAND THAT EVERYTHINGS A PONZI, BITCOIN IS JUST A BETTER VERSION OF GOLD LOL

>> No.16475664

>>16475094
Imagine saying in 2000 “yea you stupid fuck why would buy gold for a couple hundred now instead of for $40 in 1970”

Fuckin brainlets

>> No.16475741

>>16473083
>But if this all Bitcoin will be (buying and selling everyday in order to make a profit instead of using it as a payment of goods or services), then fuck crypto.
That's the interesting thing isn't it. Bitcoin will moon to ridiculous heights, but if and only if crypto itself becomes useful and viable. If the only interesting thing that ever comes out of crypto is Bitcoin, then crypto is doomed... Bitcoin included!

That's why my largest position is ETH. It has by far the biggest (and perhaps only) chance of truly bringing crypto to the world.

>> No.16475770

>>16475607
It's not exactly the same as betting on a football game. For example you would never have 1 billion worth of derivatives on something with a market cap of 100k. People buying derivatives would have incentive to buy the underlying product to manipulate the price in the direction they want.

>> No.16475802

>>16473264
Multiple linear regressions including variables like volumes, hash rates, difficulty, google trends and stock to flow ratio can be used to explain the bitcoin price since the begining with an R^2 of 99.85%. So those terms predicted the 99 85% of movements of the price since the start.

Check by your own what Im saying.
You just need some time, and excel/R or similar program to test what ive said.

Paper money is a religion imposed by governments. Bitcoin is Science and maths. Only time will tell, and time always has given maths as winners, not Faith. Do this time be different? Lets see

>> No.16476006

>>16475802
We need prayer derivatives and collateralized penance NOW

>> No.16476023

>>16476006
>t. Martin Luther

>> No.16476101

>>16469294
We will hit peak centralization in 2022 then due to moore law we will descentralize again.

>> No.16476127
File: 2.37 MB, 5500x3000, CitadelAirlines.jpg [View same] [iqdb] [saucenao] [google]
16476127

>>16469324
Gold is supressed due to fake gold certificates , they can do that with btc in places like etoro and be kyc raped if you have gains, or by allowing centralized exchanges show more bitcoins than they have due to people not moving to wallets.

Thanksfully governments are already fucking centralized exchanges so that will not happen.

Bitcoin won't be neutered nocoiner , never selling i will rise or crash with it but i will never fucking sell until the price is in the moon stubborn as a mule.

>> No.16476135

>>16476101
>moore's law
XD
inconsistent with reality, look at tech expectations for 2010 in 2007-8... moore's law hasn't applied to reality

>> No.16476151

>>16476135
>inconsistent with reality, look at tech expectations for 2010 in 2007-8... moore's law hasn't applied to reality

That's why we will descentralize brainlet ,asic release dates are becoming larger and larger , once we hit 3nm asics in 2021-2022 , we will have the last asics.

Centralized mines won't be able to compete with residential mines if residential miners are never forced to upgrade hardware.

Only reason we see centralization is because the economies of scale to upgrade hardware.

Once upgrading hardware is irrelevant becasue no better asic can be manufactured due to the moore law limits centralized farms will be rekt.

>> No.16476167

>>16476151
>what is a hard-fork algo switch that supports wealthy players

>> No.16476185

>>16476167
>what is RandomX

>> No.16476187

>>16476167
BCH and BSV are those forks , done by the miners , not only the miners but the asics manufacturers butthurt that btc and ltc adopted segwit and fucked asicboost.

Guess what the game theory means no one will move their wealth to a coin that changes the game theory against them.

This is the irony of bch or bsv , specially bch since it's a good coin , by forking with the help of miners to keep asicboost they shut themselves in the foot since they can't now change sha256 due to politics and will always be at risk of a 51% attack so no one saves money there causing the hashrate to be even less in a loop.

>> No.16476196

>>16469147
PRICED IN
R
I
C
E
D

I
N

>> No.16476224

>>16476185
>what is PoS
incentivize nodes, not miners

>> No.16476264
File: 52 KB, 912x164, 1575402273537.jpg [View same] [iqdb] [saucenao] [google]
16476264

>>16470918
Oh really? U would know better than the guy who created it?

>> No.16476359

>>16476264
>written 2010
>says 5-10 years
>its 2020 next month
Game over

>> No.16476384

>>16474757
you're a retard and so is the person you're talking to. Anyone can mine bitcoin or form a pool to mine bitcoin. Banks can't prevent every person on earth from exchanging currency

>> No.16476443

>>16476264
woah it's almost like use cases can change over time from their original intention.

>> No.16476463
File: 75 KB, 1188x542, D59AUepUIAA1_Kv.jpg [View same] [iqdb] [saucenao] [google]
16476463

>>16475802
okay. let's say those log predictions with two curves are correct. what kind of events will accompany the run ups

>> No.16476514
File: 23 KB, 600x800, 1574213542126.png [View same] [iqdb] [saucenao] [google]
16476514

>>16469147
STANDING BY READY FOR LAUNCH!

>> No.16476779

>>16476127
that pic always makes me cringe
the original author must have failed his physics class

>> No.16476789

>>16469324
>>16469277
ok boomer

>> No.16476831

>>16469147
mcafee will push the price so he can save his dick
btc safe bet

>> No.16476925

>>16469147
>he thinks bitcoin will make any more substantial moves after the absolute gold rush that was 2017

You're deluded. Get a job, start saving up, start a business, stop relying on magic internet money to make you rich while you provide absolutely no value to society.

>> No.16476960

>>16476359
>>16476443
brainwashing seems to be an effective tool to control retards like u

>> No.16476961

>>16476779
Kek , the background is from mass effect citadel anon.

>> No.16476977

>>16476831
>boomer thinks mcafee will honor his dickeating bet.

Ok boomer

>> No.16477094

So what will alts look like in the case of this bullrun?

>> No.16477107

>>16477094
Remember when ETH went to 1k? It's gonna be like that.

>> No.16477145

>>16476961
i checked it out it's a negative
the citadel rotated in a way where it made sense but this is a halo type structure it's fucked

>> No.16477149

>>16476960
thats rich coming from a forked shitcoin shiller

>> No.16477158

>>16477149
>btcs too big too fail!!!
hurr durr

>> No.16477211

>>16477158
have fun bagholding a worthless fork that will inevitably trend to 0

>> No.16477299

>>16477145
pinterest.com/pin/274297433525306226/

>> No.16477303

so correct if im wrong, are cme futures and bakkt futures essentially the same fucking thing except the product delivery being settled differently? if so, wtf is with the cme/bakkt manipulation fud lately? given the cme futures are far more voluminous and have been around longer than the bakkt futures, wouldnt that just mean that the 6-7k support levels just show true price discover (which is increasing) given the available price suppression tools?

>> No.16477305

>>16477145
I think it's from mass effect 1 beta

>> No.16477337

>>16471051
This

>> No.16477347
File: 66 KB, 994x618, D-vXicCXkAAECX1.jpg [View same] [iqdb] [saucenao] [google]
16477347

>>16469147
Decred follows the same Stock-to-Flow pattern as Bitcoin, and is earlier in the cycle.

>> No.16477420
File: 57 KB, 1131x321, theaussieprophecy.png [View same] [iqdb] [saucenao] [google]
16477420

>>16471798

>> No.16477453

1 Billion a Bitcoin in 50 years is a FUD.

>> No.16477463
File: 404 KB, 1258x880, Screen Shot 2019-12-06 at 2.32.15 pm.png [View same] [iqdb] [saucenao] [google]
16477463

kek nocoiners never learn

>> No.16477484

Excited for the halving of BTC and the vesting extension from Algorand to 5 years! What a time to be alive!

>> No.16477503 [DELETED] 
File: 58 KB, 640x853, Sarah (41).jpg [View same] [iqdb] [saucenao] [google]
16477503

>>16477347
>>16477302
Chaturbate Free Tokens Exploit - HackForums Leak Worth $150

Paid 150$ for this method some time ago, still works flawlessly.

This method bypassesChaturbate's payment processor and you can get tokens literally for free.
You can tip a camwhore or cashout BTC
The site ischaturbateDOT comif you don't know what I am talking about.

Guide (pdf):

anonymousfiles DOT io/3l2TYUuA/

>> No.16477817

>>16477463
Kek looks like someone has also been having fun with the biz archives.

>> No.16478051

the shorts and futures contract peoples dicks are going to retract when BTC is 100,000