/biz/ - Business & Finance

>I am severely underwater and refusing to sell at -50%, if bitcoin dumps to below 7.9-7.5 I'll likely be liquidated

>>17504817

if you are serious, close now brother

>>17504837
why do you think it will go there?

>>17504841
Because it's stop loss hunting season

>>17504817
you're going to make it, fren

>>17504603
BITCOIN will start its golden bullrun again this coming August-September and will attain to 20K.

(screencap not necessary)

>>17504841
yes soon too

>>17504817
haha, man, don't tell me you bought BTC at $15-20k?
I want to pity you, but if you're that retarded, you kinda deserve it

>>17504841
If it goes below 8400 I can see panic sells coming, the 4 hour chart looks like shit as well. We are also below the 200 day ma

>>17504863
and this

It's the best fucking moment to buy nigger
Always have a cash stock to take advantage of this kind of crashes

>>17504906
longed alts repeatedly too high, thought "3x is safe"

>>17504886
Bitcoin will move far past $20k, because it actually scales and doesn't collapse completely when people start using it, unlike the shitcoin that is BTC

>>17504917
BTC is an alt you retard, it's a complete shitcoin
when it reached $20k the mempool was clogged up so hard that the entire network imploded and tx fees skyrocketed, all because Core doesn't have a fucking clue about how Bitcoin is supposed to work and scale, and have made tons of changes to the protocol in direct opposition to what Satoshi himself described
even if it were to reach $20k again it would just implode again, it's a totally dysfunctional garbagecoin, and it won't be long until the mindless speculators who have been tricked into buying and holding it realize that and don't want to be the ones left holding empty bags

>>17504945
even if it will die because of scaling, NOBODY will pick Faketoshi's Btrash Pajeet Vision instead of it.
If he wasn't trying to pretend to be Satoshi without being able to prove it, then perhaps he had a chance.

>>17504945
>it would just implode again
What does price have to do with anything? The transaction volume today is higher than 2017 and fees are fine.

>>17504945
So btc will never reach $50k level, because of scaling issues? ??? ?

>>17504977
people are already building applications using the real Bitcoin, and there are already plenty of libraries for storing and retrieving data and writing smart contracts
>>17505015
price has to do with the fact that as price increased, people became more interested in it, and the network imploded
also, what a fucking joke to think that fees are fine as they are now on BTC, one of the truly revolutionary aspects of Bitcoin is that it allows microtransactions when implemented correctly, by fees being fractions of a cent

>>17505035
BTC will never get past $20k, not only because of scaling issues, but because the people behind it don't have a clue about the economic security model of the Bitcoin network, and have made other changes which renders it completely dysfunctional

>>17505076
Interesting info, I know bitcoin for 10 years, but I used it only for transaction and investment. I have no clue about technical aspects...

So what will replace btc? ETHEREUM? TEZOS? EOS? HASHGRAPH? BSV? ...

>>17505743
Bitcoin is the only functional blockchain, it already scales perfectly well as per Satoshi's intended scaling model, allows for micropayments through tx fees of a fraction of a cent (I've been in Bitcoin since 2012 myself, seeing how Core destroyed the network with fees of as much as $0.10 saddened me immensely, let alone the absurd and ridiculous $5+ fees when the network is congested), it has always allowed for smart contracts and oracles as is becoming apparent, and developers and companies are already building successful applications using its capabilities and various libraries

>>17505743
Tezos will replace btc. It´s clear as a blue sky

>>17506188
clear as tar filled with shit and ink