/biz/ - Business & Finance

yup, past two nights have had big dips, wait to see what happens tonight/wait until the weekend is over. the prices aren't so good now that you HAVE to buy

>>2211895
you will go far

Sold 5 btc at 2500-2600 bought more sub 2000

Still holding fiat to buy lower but even it goes lower I still have more BTC then when I sold so it's a win win.

>>2211870
Ima just hodl through it then.

DONT DO ALL INS AND ALL OUTS RETARDS

Buy gradually and sell gradually, your average will probably be better than if you just followed a baseless hunch and put all your money at certain prices

>>2211870
It's not us, it's just a dot randomly pointed on a graph, lol.

Everyone knows this.

>>2211870
>>2211895
Yep. Sold at a minor loss so I can rebuy when this crash is truly over. It'll probably take a while.


>>2211939
>>2211941
:thinking:

>>2211928
>Ima just hodl

Personally I consider this a bad strategy, If you expect it to drop you should sell now and buy more at a lower price. However I do believe Bitcoin will comfortably pass $3000 within the next few months so its ok if you're patient I guess.

that dip was because people were scared of bitcoin unlimited becoming a thing retard.

>>2211973
Yeah but if you tried that the last two times it "crashed" you would have lost money.

Selling every double top because it looks a bit like the meme bubble chart isn't exactly a consistent strategy.

I sold 2 bitcoins today, this covered my initial investment into crypto plus a couple hundred, and I still have 8 left.

>>2211870
but we had a double-peak and not a single?
Still trying to figure this all out. Worst case then seems to just hodl for a while

>>2211982
>>2212006

If you look at Bitcoins growth over the last couple of years you can see it has a pretty solid trend line. Without a MAJOR news incident there is a very good cahnce Bitcoin will correct back to that trend. All that's happening now is a correction back to that line after people got a bit over exited.

>>2212006
There are many signs to an impending crash. Learn from this experience.

>>2211957
How will you know when the crash is over?

>>2212085
When the lambo gloating on /biz/ turns into daily crying threads

>>2212064
I was around for the first crash in 2014 too. Not really much you can correlate from one crash.

>>2211938
I do the reverse of that. All in, wait years, all out, profit.

>>2212105
This is like the 6th or 7th crash bro.

>>2211938

This. Have some liquidity, so you can easily take advantage of times like this.

t. someone who wish they had a few extra thousand bucks uninvested to buy the dip

>>2212064
lol, there will be no crash. This is a price correction, if this was a real crash we'd be down to $1,000 - $1,200 btc right now. Crypto markets move very fast. We're already meeting resistance.

This means that we have some more to dip, but there is no crash that shit is over son. By next month we'll be in another bull market. BTC is headed to $3,000+ faster than you think.

>>2212105
Then you aren't looking hard enough.

>>2212135
>He thinks the value will drop to $1000 overnight.

lol, there will be no crash. This is a price correction, if this was a real crash we'd be down to $1,000 - $1,200 btc right now. Crypto markets move very fast. We're already meeting resistance.

This means that we have some more to dip, but there is no crash that shit is over son. By next month we'll be in another bull market. BTC is headed to $3,000+ faster than you think.

>>2212127
There has only been one proper crash, the rest were little corrections.

It will probably pan out that this is a little correction too.

>>2212147
>He thinks he knows the market
>He missed the fact that China and Asia are going bonkers for crypto

Haha, stay salty nocoiner.

>>2212135
>if this was a real crash we'd be down to $1,000 - $1,200 btc right now.


I believe this is a correction, I also wouldn't be too surprised if it hits as low as $1300 within the next two weeks. At best I think it will go back to about $1700 and plateau for a few weeks.

A real crash would be well under $1000.

>>2212183
>He doesn't know how to defend his argument
>He default's to using memes
Well posted friend :^)
See you in a couple weeks... you're done kiddo.

>>2212197
Good, we want it to stay lowish and stable as we build up our BTC before it becomes unavailable in large amounts.


This is a gift, we are all going to make it.

>>2211870
So you're saying we'll have recovered by mid June to a new ATH?

>>2212135
>>2212151
Are you serious people are paid to shill here now? fuck.

I believe this is a correction, I also wouldn't be too surprised if it hits as low as $1300 within the next two weeks. At best I think it will go back to about $1700 and plateau for a few weeks.

A real crash would be well under $1000.

>>2212212
Completely agree

>>2212216
>So you're saying we'll have recovered by mid June to a new ATH?
>by mid June

Nope, I cant say when anything will happen with any certainty. But I expect we will see a new all time high by the end of the summer.

>>2212232
I feel like I'm tripping.

>>2212209
>Doesn't realize his "argument" is only worth memes and nothing more

Thanks for the laugh, little man

>>2212329
Can't wait to buy eth at <100$
Yummay

>>2211927
Just some advice Anon. Its forming a bear flag and will likely test the 1500s in next 3 days.

>>2211870
Umm, guys. This chart looks exactly like that meme bubble chart. I think it's for real this time guys. It's 2013 all over again.

>>2211870
>yfw we are actually here

>>2211870

As someone who's never been on /biz/ before, can someone explain to me why bitcoin is a thing at all in terms of trading? The concept of bitcoin itself is cool but you can't buy anything with it. It seems to me like people are buying monopoly money and trying various tricks to sell other people their monopoly money for real money; like everyone buys into this knowingly valueless game and hopes they can fuck someone over and leave them them with a bunch of worthless monopoly money.

>>2212511
What if he's right

>>2212546
Drugs/tax evasion

>>2212511

>>2212546
>can't buy anything with it
Tell that to my drugs

>>2212511

We're not. That green point is much closer to the previous high of Dec 23rd after a very strong recovery which helps to imply future growth.

At that time the natural floor for both of those was around $840, which it did correct to.

>>2212546

The Chinese love it because their government has strict controls over how much money can leave the country. Cryptos get around the rules

>>2212546
On a serious note, its value is derived from scarcity. Think about gold. It literally has no use (accept maybe a bit in processors) but it serves basically no function other than money. It works as money because of its scarcity. Btc is like gold you dont have to ship to your house

>>2212135
>If it was a real crash the price would be $1,000-$1,200 BTC right now
>I wasn't around in 2014

>>2212548
the graph already moves upwards, this is far from over until 10k

>>2211973
Bitcoin does this every few weeks. If I sold every time I "crashed" I would have fucked up the timing at rebuying AT LEAST a couple times and be holding a lot less BTC.

>>2212546
>but you can't buy anything with it.

Drugs, black market stuff. Money laundering. Tax evasion. A reliable store of wealth and even a payment system in broken economies. The fact its value is growing is enough to make its value grow even more. Put simply its anonymous payment that doesn't need to be handled or approved by a 3rd party (Banks/Government) .

You can also buy your annual 4chan pass with it :)

ANYONE WHO SAYS HODL IS REDDIT AS FUCK

GET OFF MY FUCKING BOARD

>>2212546
Things I can buy with bitcoin
>lots of shit on black market
>anything on Amazon at a discount compared to fiat if you go through Purse
>Steam Games
>Stuff on Microsoft's store
Why do people still say you can't buy anything?

Bit of correction. All you TA fags wouldnt have a clue and are just guessing. My guess is, strong resistance, Coinbase verifys its influx, new money, BTC is on it's way back up to a new ATH. Then crash again. Rinse repeat, but always going up.
Screencap bitch.

>>2212649
This is the most realistic scenario.

>>2212646
dont pretend its not a huge pain in the ass

I've tried using bitcoin on steam and other sites and its always a chore compared to the speed and ease of using a credit card

im not saying bitcoin isnt a valid store of wealth or that theres anything wrong with transferring money using it, but its just not economical when it comes to small purchases

>>2212649
I did just get verified after trying all week...

>>2212649
>My guess is, strong resistance

Well no shit, the question is where.

>>2212663
Fair statement that its not as easy. I do go through Purse for all of my Amazon purchases though. I Immediately rebuy whatever bitcoin I spent there. The 10% discount is worth the longer wait and hassle in my opinion.

>>2212671
$2000

>>2212671

1750

>>2212688
support*

>>2212671
2000.

>>2212663
>this

>>2212135
god you're fucking stupid

its not done fucking crashing yet, and there's no fucking difference btw crash and correction you semantic chucking retard

theres a fucking fake 7 million dollar buy wall right now you fucking moron, why do you fucking retards pretend to know what you're fuckin talking about when you can't even read charts

>>2212896
Short it right now on leverage and we will talk tomorrow.

>>2212908
I already shorted you fucking retard

>>2212915
Ok angry foul mouthed 14 year old, give it a few hours and we will see if your crystal ball is correct.

>>2212924
do you really go into this market not knowing whether it's going to go up or down? are you just gambling or some shit?

>>2212946
I buy high probability set-ups.

I don't pretend to know exactly what the market is going to do.

>>2212557
Underrated

>>2212908
If it grows stagnant and stops moving the price goes down.

>>2212954
this dump on bitcoin was set up last sunday. There is no crystal ball reading here, this is the most straight forward chart reading ever.

>>2212946

You think you know it all because you read fucking charts. You will get burnt so hard mate. Especially since you're being a fucking arrogant cunt.

>>2212546
>you can't buy anything with it.
>monopoly money

>>2212946

He pretends he KNOWS where the market is going to go

>>2212967
Where do you recommend one learns basic chart reading?

>up 50% in one month
>crash

Huh?

>>2213257
>up
>down
>what?

>>2211982
Also coinbase has had technical problems the last few days so people are unable to buy.

>>2212896
>>2212410
>>2212218
>Says there is no difference between crash and correction
>Is clearly the retard here.
http://www.investopedia.com/terms/c/crash.asp

http://www.investopedia.com/terms/c/correction.asp

So many fucking retards in this thread. This isn't 2014 you morons. BTC has more support than ever, the Chinese and the Asians are going ballistic over it. This is a correction due to BTC being enthusiastically overbought. Period. End of story.

...But the market is not going to crash like it did in 2014. Sorry. It's a different ballgame now. And we already have proof of this with the resistance BTC met today.

This is not going to last for years either. This correction is going to last a few weeks, AT MOST. Look at the atmosphere of the global markets, the fear around the dollar, the fear of debt...the fact that the Asians love BTC, and the fact that BTC is a safe haven asset.

By the end of summer this is gonna be a footnote and BTC is gonna be $3,000+. Anyone who thinks differently is the real retard and/or a fudder who sold their BTC already on the cheap.

Just sayin.

>>2211957


OOOH so it's expensive to be rich!! got it, I'll stay poor instead

I'm not good at understanding the details of highs and lows, but i do understand that this is gonna keep happening for years yet. And i do understand that there is likely a huge series of highs coming when china, EU and USA start cracking at their Maynard Keyneses.
I wonder how hight it will go before something major like it being replaced by another coin happens. There are people who actually think it's gonna be millions, but that would be the case if it had no competition and dominated the world.

>>2212546
You can buy airplane ticket now with bitcoin

Is this the dead cat bounce or the resumption of normal functions, anons?

>>2213453
screencapped

Expect a GIANT bull run on bitcoin on May 30 - 31.

In addition to when banking resuming activity on the 30th, Japanese internet conglomerate, GMO is launching their zero fee trading platform the very next day. They're no mtgox, they're an very reputable company and already own the world’s largest FX brokerage, GMO Click Securities. This will attract many new investors because bitcoin is "legalized" in Japan and many people will want to take advantage of the zero fee trading.

https://news.bitcoin.com/japanese-internet-giant-gmo-postpones-launching-bitcoin-trading-platform-may-31/

>>2211870
when should we start buying btc? when the morons on this board bleed out and stop talking it!

>>2213616
This doesn't make any sense? Banking holiday? Doesn't effect how I buy coins at all.

>>2213552
Thanks. And you can screencap this too - by next year bitcoin is gonna be $10,000+

>>2213634
We're talking about large buyers here. $20,000 and up.

>not going all-in on a x10 bitcoin long with http://1broker.me

Stay poor

>>2213667
Gotcha. Well I'm in 50% fiat now so I'm hoping the dip will last a week or two so I can come back a little stronger after this shakeup.

It's a trap!

the way it stands right now you may as well put your money on red or black in the casino

>>2213772
It doesn't feel good to me desu. It feels like people are in the denial stage and it's set to collapse again any minute.

>>2212590

this. china added friction to capital flight in jan. no more buying up homes in canada. now its crypto

>>2213673
>not x100 on bitmex
stay faggot

>>2213616

This makes no sense.

Banks don't mediate any major BTC transfers.

>>2214083
what do you consider the low transfer limits and week long waits?

>>2213828
>. no more buying up homes in canada
thank fucking god that shit is going to stop fuck the chinks.

>>2213453
>Chinese and the Asians are going ballistic over it.

China can't even fucking withdraw it right now you fucking faggot


if ANY of you think this chart is all fine and dandy, and doesn't at all resemble the chart from monday at 1900, where the price was forced up by an artificial buy wall, then removed and left to fucking crash you're a total fucking retard

do you faggots see the low volume on the market right now?

>>2212970
Yeah, I'm the fucking greatest, suck my dick faggot. I know more than 99% of you combined

>>2212984
my dick is so hard for the crash soon, holy shit you fucking retards

the growth chart on btc looks TOTALLY normal right now right? not like theres no fucking volume at all lmao

>>2214198
Then what do you recommend, anon?

Selling when it hits ~2300 so that you forestall another crash?

>>2214223
It won't hit 2300.

I'll be surprised if it goes any farther than it is right now.

If you're in alts, it doesn't matter what you do short term. They will increase heavily after the crash. If you're in btc, get rid of it.

>>2214198

Just FYI, this guy actually does know what he's talking about.

Throughout this entire week there was a huge artificial buy wall at 1900. Ofc, the purpose of the wall was so that anyone who wanted to buy bitcoin had to buy it above 1900, hence allowing the whale to steadily sell off his stash.

On this very board, there was a great thread about the meta behind this, as people still didn't understand the purpose of such a buy wall. The idea, ofc, is that the price would never actually fall to 1900 and trigger a big buy until the whale was ready.

Well, it happened. The buy wall was removed, and free fall started a few days later.

Really makes you think.

Consider putting some of your bitcoin into USDT for now to hedge.

>>2214198
China can withdraw anytime they want you moron. That's why its BTC. If you really think the Chinese have the majority of their BTC holed up in exchanges youre an IDIOT.

.....HAHAHAHAHAHA!! And you think the market can be manipulated by a few whales.

You idiot, the BTC market is too big to be manipulated by one little buy/sell wall. Sorry to inform you but the market is not what it was like back in 2014.

I am going to laugh in your fucking face when next month BTC and the rest of the market rises to new highs.

And I am going to laugh even harder when BTC goes parabolic later on and hits $10k+++ next year. Crypto is a global revolution against governments and central banking. It's practically been confirmed by this new bull market.

It's over. Fiat is over. It's done kiddo. You can sit there and masturbate to $500 BTC but that aint happening. That train has left the station.

>>2214282
That buy wall doesnt mean shit. It means nothing. In the greater scheme of things, this "crash" is going to be just one little note in the history of crypto. We are still in a bull market, nothing has changed, literally nothing you SAMEFAGGING FAGGOT.

>>2214382
>Crypto is a global revolution against governments and central banking.

Now is the time to sell everything you have. Retards spouting ideals in a profit taking market.

>BTC goes parabolic later on and hits $10k+++ next year

I don't give a shit about long term you fucking retard, there's hardly any profit there. Noone is here is saying BTC is dead you fucking autist, nice strawman argument.

And long term is for people who are either too lazy to day trade or don't care about the potential profit lost.

You are most certainly the former.

> BTC market is too big to be manipulated by one little buy/sell wall.

It's 7 million USD tall you fucking retard. The chart is literally fucked and you have your head too far up your own ass to see the whales about to DP you.

>>2214282
Wall related.

But is >>2214198 an artificial wall? It seems different.

This is all you need to see.

None of your fake TA bullshit works. It never really worked in crypto and never will work. Crypto is not stocks.

It's already been predicted. Fiat is done. ((They)) have already willed it to happen. It's going to happen whether you like it or not. 2018 is less than a year away.

I'll be so bold as to state that btc will go no lower than $1,500. That will be your "crash" and its not gonna last very long either, its gonna rebound EVEN HARDER.

>>2214398
tron please, you're emotions are getting the better of you. how much have you lost today?

>>2214432
I watched the wall move last night from 1000 to 1400 because the whale realized it was too low to push the price up. It's fake.

>>2214438
Which wall? The one that you posted?
What do you consider to be a 'wall'? Like the pure 90 degree angle?

>>2214398
>Now is the time to sell everything you have. Retards spouting ideals in a profit taking market.

No, it's really not. The market conditions are BULL. I know people who are buying right now. Hell I just bought after seeing all of the FUD threads on here. You get greedy when people are fearful. If you are so smart you should know that.

Clearly, you aren't.

TA never worked in crypto and never will work.

> Noone is here is saying BTC is dead you fucking autist, nice strawman argument.

That's what you are fucking saying you simpleton. "BTC Is going to crash harder". No, it's really not, maybe $1,500 at the very lowest, and thats a liberal guesstimate. Most likely it won't even get there.

>It's 7 million USD tall you fucking retard.

Lol, you actually believe the order books. LMAO!

>>2214451
when it looks like...a wall. no real way for me to explain it.
>>2214453
>Lol, you actually believe the order books. LMAO!

no...that's MY point you fucking idiot. If the buy wall is real, the price will ONLY increase. If it's fake, the price increases until the wall is removed, then the price falls like yesterday. Which is what I'm fucking proposing.

Fucking hell you are dumb.

>>2214453
Getting out now and buying back at 1500 would be nice -__-

>>2214248
>If you're in alts, it doesn't matter what you do short term. They will increase heavily after the crash. If you're in btc, get rid of it.

And thus we conclude you know nothing about the crypto economy, piss off.

BTC is the ONLY source of liquidity in the shitcoins, they have virtually no independence. Not even ETH is mature enough to diverge away from the BTC.

>>2214438
you ruined this thread
your autism ruined this
I do not envy your parents, what they have to put up with
you made your case, but please stop

>>2214453
It's not right to mess with someone that could have a mental illness
stop

>>2214472
shut the fuck up faggot.

>>2214470
after the crash, btc will hold instead of increasing heavily like it did the last two weeks. When btc increases dramatically, the alt market stops for it, until it holds again. T

his crash is to stop the price of btc from increasing by shaking out the new money. And it's working. 20 billion is gone from the market. Alt coins are far more profitable than BTC. Now write me a report you fucking faggot

>>2214488
>being a jumpy faggot
>using reddit spacing on posts
you seem to be lost friend
would you like someone here to indicate how to get back to a safe place?

>>2214472
Yeah I'm done with this idiot he's clearly fucking autistic and braindamaged, and probably sold off all his stash which is why he's so active in the thread.

For anyone reading this I would be very wary of posters yelling for you to "sell sell sell". Please do your own research and look at the market conditions. Peace

>>2211870
Stop trying to make other people dump / panic / make up for your own weak hands.


Real graph next to this post.

>>2214496
Get the fuck out of my face you trash.
>>2214504
Nice cop out faggot. Too embarrassed to reply huh?

And there is far less FUD than there is hope lmao. Shilling has already restarted.

>>2214511
I'm serious little man, we can escort you to a safe place. Do you need your meds or your emotion cards?
Anything that will make you comfier
We don't want you to hurt yourself

>>2214511
Bro you're embarrassing yourself. Lol.

>>2214524

Strong case against recycling.

>>2214511
Oh and you're wrong. Lol you think a few whales can manipulate the market lmao. Entertaining nonetheless. Thanks for the funny thread.

>>2214536
stay a sheep.

>>2212663
bitcoin on steam is a breeze, literally scan qr code and its done

>>2214511

Someone is rustled

>>2214536
Interesting post a few days ago.

fuck it, i bought back in. 3BTC, but paid too much because using shitty broker. Need to pimp out my kraken account and setup more funds there.

>>2212626
these are all great reasons for the govt to shut it down at some point

The biggest downfall I see for Bitcoin & altcoins is the exchanges in the USA all tend to suck. Having to wait days/weeks for USD to be transferred in & out is ridiculous. Having to go through a verification process that takes longer than getting a bank account is also absurd. Until the exchanges get faster and easier to use like they're in Japan...Bitcoin will never reach great potential.

>>2212915
How's that short coming along mate?

>>2214557
can you explain your pic for a newfag like me?
>the wall isn't real and it'r far enough down so it won't actually be broken anytime soon
>that buy wall entices people to buy thus the prices rises, the manipulaters sell during the up-trend
is that what is going on?

As a nocoiner, is now the time to buy in?

>>2215657
No, wait a week at least.

>>2215659
Been waiting for a week already to get verified.

>>2214198

Thanks can you explain more where do u get the chart from ?

in the next 5 hours, we will find out if we were in a bull trap or not

>>2214432
>wall related
>bittrex
Bittrex merely follows the other markets when it comes to bitcoin, its less than 1% of the volume. Paying attention to walls on it instead of somewhere like bitfinex or GDAX is retarded.

>>2216226
Monday/Tuesday will tell us everything.

>>2214541
except it takes 20 minutes for the transaction to complete

$6000 next month

>>2212135
this

>>2215637
Whales use walls to hold up/down the price on small cap alts. Usually so they can buy/sell before the price moves.

It' doesn't really apply to BTC because it has such huge volume and it's traded on so many different exchanges in different countries.

>>2212511
>>2212557
>tfw these were correct

whoops whered all the buyers go

All these "much charts" doomsayers sound exactly like they did five-six months ago when bitcoin was around 1000 dollars.
And like they did when bitcoin hit 10 cents years ago.

Don't listen to them, they're bitter because they lost a ton of money trying to short bitcoin like retards.

Buy bitcoin at ANY price and just walk away from the fucking computer for a few years. The longer the better.

Just make sure you can afford to lose the money you put in, just to keep you from getting nervous and turning into another shorting retard.
Because remember: whatever price you buy at, bitcoin WILL drop below that.
Maybe a lot, maybe many times.

the problem with alts are theyre in an insane bubble right now, many times larger than bitcoin is. all it takes is for bitcoin to get any kind of good news and that will probably cause it to burst.

most people forget than this bitcoin rise has been on the back of nothing but bad news for 2 years, and yet the price has gone up 5-6x. most new money is jumping into alts because who wants to buy a whole bitcoin for over $2000?

most alt rises are thanks to poloniex, there isnt any kind of an alt market out of that exchange, and poloniex doesn't allow you to trade against anything but other alts or bitcoin (yes, tether is an altcoin, even if it's supposed to be pegged to the dollar).

a crash to $1000 or lower is nothing compared to what's going to happen to the alt market when this hysteria wears off.

>>2214539
topkek

>>2211973
Trying to time the market isn't a good strategy, it's not a strategy at all. No one has a crystal ball. If charts really predicted the future everyone would do it all the time.

>>2216545
You have no idea what alt coins are or what purpose they serve, or how blockchain technology works. Do you honestly think all alt coins are just Bitcoin virtual currency copy cats? Fucking kek, stay ignorant, poorfag.

Try more along the lines of the next internet, the next Amazon, the next eBay, the next Cloud storage, the next Youtube, the next Netflix, the next Hollywood, the next TD Ameritrade, and much, much more all in its fucking infancy.

>>2216601
i know exactly what people think they're for, and what value that actually provide. which to me was about half a million dollars.

> the next internet, the next Amazon, the next eBay, the next Cloud storage, the next Youtube, the next Netflix, the next Hollywood, the next TD Ameritrade
people only care about exploiting alts for monetary gain, there's yet to be anything that provides value outside of that, especially in a decentralized way which after all is the entire point of these things existing.

theyre just investment vehicles, and they should be treated as such until something comes along that actually has the potential to disrupt anything on a deeper level than "store of value". so far there's absolutely nothing, just a lot of hype and future bagholders.

>>2216601
>the next internet, the next Amazon, the next eBay, the next Cloud storage, the next Youtube, the next Netflix, the next Hollywood, the next TD Ameritrade, and much, much more
All those things do fundamentally different things, while cryptocurrencies all do essentially the same thing with only minor differences in how the goal is achieved.

And anything alts do better, bitcoin can be made to do.

If crypto is to survive in the long run, there will inevitably be only one left.

>>2215352
hows your long coming along mate?

fucking faggot

>>2216689
I'm guessing it's going swimmingly, since bitcoin has been rising in value for a very long time now.
Only way anyone lost money on bitcoin for the past few years is if they shorted.

>>2216726
I'm not anyone, bitch.

Should I trade everything to eth and hodl or just sell everything and rebuy at during a fire sale?

Eth has been consistently around $150-$180 the past couple days while everything else heavily fluctuates

>>2216803

Sell and rebuy at the firesale, and I say that as someone who can't touch his ETH to sell it for another two days but wants to

>>2216635
A single (digital) world coin doesn't make sense at all for various reasons some of the more obvious ones being control and safety reasoning. That will never happen. BTC might even become an alt.

>>2216903
bitcoin can never become an alt by definition, but if it forks contentiously like ethereum did, one of the forks could be branded an alt.

right now all alts are competing to have value, not to provide it. in that world, you only need one, and having multiple coins that do nothing but have real-world value just makes it more inconvenient to use them for that purpose.

if the chinks get their way and manage to strangle bitcoin to 5-10 transaction per second limit then i fully expect some other coin to take over for actual value transactions. this is the only real danger i can see in the near future for bitcoin. i give sidechains and esoteric usages for it about the same weight as i do the utility of altcoins for anything but storing value: zero.

>>2211870
WHERE IS THE ETH BULL TRAP I SOLD ALL MY ETH AT 166 BECAUSE I THOUGHT ITS DUE FOR A PULLBACK 12 GREEN 5 MIN CANDLES ON GDAX WHERE IS THE REVERSALLLLLLLLLLLLLLLLLLLLL

>>2217460
>larp the post

>>2217470
I wish :(

>>2216903
Sorry to burst your altcoin bubble. BTC can deliver ANYTHING with sidechains, including gov controlled national cryptos, backed by the BTC network.

http://www.coindesk.com/two-new-sidechains-proposals-change-bitcoins-dna/

>>2212946
>T. Technical analysis retard

>people ACTUALLY bought the crash meme and cashed out of the modern .com boom early

better buy back in quick before you neck yourself

>>2213524
If it had no competition and already dominated the world, it would already be worth millions.
You buy low sell high, mongoloid.

>>2216635
You clearly dont know anything about the way BTC is coded.

>PROTIP: its a fucking nightmare and not open-source friendly at all

This is why new blockchain ecosystems like Ethereum and Stratis are becoming so popular, because their code is programmer friendly and will actually pave the way for new dApss, features and other services/altcoins to be added on to them.

No one is going to want to even try and bother to do that with BTC.

>>2217587
>people actually bought the crash

that's what you're supposed to do, buy the dip

>>2212626
>like everyone buys into this knowingly valueless game and hopes they can fuck someone over and leave them them with a bunch of worthless monopoly money

You mean like the USD and other paper money?

>>2214198
>looking at market depth graph
>still hasn't realized any whale can move that graph in seconds by entering then pulling a 1000 BTC position
are you 12

>>2217594
>btc is a nightmare
>literally made simple on purpose
>shills ETH which is a turing complete mess
The altcorn shills are out of control.

>>2214432
walls only work for SHITCOINS

because 1) their markets are dogshit and too small

2) the people buying alts are idiots to think those walls are legit

doesnt work for btc

>>2217682
Ok, now this is the most retarded post I read all day.

>>2214432
>>2214198
>>2214282
Do you understand Polo isn't even 1/20th of BTC volume on it's busiest days? It follows other bigger exchanges, and has 0 say in anything, you are actually retarded for not even knowing this and trying to analyze BTC using Polos order book.

>>2217966
I thought Polo was the biggest exchange? What's bigger?

https://coinmarketcap.com/exchanges/volume/24-hour/

>>2216689
Been long bitcoin since 2014 m8. Been going pretty well really.