/biz/ - Business & Finance

>>54547692
>nobody knows why
I do.

Bitcoin is the future

>>54547692
Needing a reason after more than a decade.

>>54547705
The future of what? Unless you are living is a piss poor country you will actually end up paying increasingly bigger taxes over your gains. The world has changed a lot and BTC still has absolutely nothing to offer unless you are an exchange or a drug dealer looking to launder money.

>>54547740
you sound like a midwit

keep investing in your boomer ponzi ETFs then

>>54547692
not a cartel, but CZ which isn't much different

>>54547756
I just don't see a single reason to keep buying this retarded thing in 2023. In the past you could easily 10x-20x your gains with this dumb shit, that's been out of the question for years.

>>54547794
Binance is probably the only reason the entire market hasn't plummeted to zero since 2020.

I see Bitcoin going up and I feel nothing and with good reason because I repeat, Bitcoin has objectively nothing to offer to the people.

>>54547824
i hope you're just ironically midwit posting for funsies

bitcoin is going to 1mil per coin and theres nothing anyone can do to stop it.

>>54547905
You don't have a job do you? Is Bitcoin your only escape?

Just find a job kid, stop doing stupid gambles.

>>54547692
>As usual nobody knows why BTC is going up

People growing a brain and buying the only digitial asset in existence.

>>54547938
>butthurt incel who missed out: the post

you have a sad life man

>>54547692
>everything I dont make money on or understand is money laundering
have fun staying poor waggie

>>54548089
How could he have missed out if bitcoin is only 30k? I thought it was going to one million?

>>54547692
I don't know and i don't need a reason. To be honest as long as my money keeps flowing, my DEXT pairs constant and i get profit i couldn't care less.

>>54547692
still not getting the 4 year cycle meme
kek

Many reasons, but simply look at the hashrate and if that doesn't give you an idea then you're ngmi. Bitcoin is an IQ test. Most will understand eventually but it'll be far too late by then.

>>54548315
The hashrate is high, so lots of bitcoins are being made? Therefore supply is high so it should be cheaper? Wtf?

Ok, I'll put it another way. The amount of business in dollar terms, built around bitcoin, globally, far exceeds any other crypto. There's simply no comparison. The amount of value flowing through the protocol rivals traditional payment rails. If you don't understand then good luck with your fatman coins with his PO Box in the Cayman islands.

>>54547692
US financial system is under stress, btc is a alternative financial system, so it does well, just like how the dxy going down means the euro does well. if you look at the eurousd chart and compare it against btc theyre almost 1:1 correlated.

>>54547692
>the fiat system is not currently undergoing a demolition
I can't stand all you fucking retard fgagots shitting up the board when you are completely ignorant of all the shit flying up your nose and stinking up the world right now
BANKS ARE FAILING
FIART IS FAILING
YOU ARE FAILING
PAY THE FUCK ATTENTION JESSUS FUCKING CHRIST JUST PAY ATTENTION AND YOU WILL KNOW
FIAT DIES WHERE DO PEOPLE MOVE TO???
SURELY NOT ALTERNATE CURRENCIES AND FORMS OF REAL MONEY

>Verification not required.

>people buy asset
>price goes up
ITS A MYSTERY

>>54547740
Financial censorship exists everywhere, more so in non-piss poor countries.

>>54548381
Higher hash rate doesn’t mean more bitcoin it means more people see value in mining bitcoin

>>54548159
Because he still isn’t buying. That’s how stupid he is.

>>54547692
>every happenstance must be vindicated, I cannot live in a world where particles randomly collide
NGMI

>>54547692
it's going up because all assets are going up.

>>54547824
This same post has been posted every year on every forum discussing crypto. Yet here we are.

>>54548853
Not gold though

>>54547692
Bro you're just a faggot who's not supposed to be rich.
Now you know.

>>54547692
A friend of mine at Meryl says banks are buying currently…

>>54550556
>pic
a gamble where i'm guaranteed to lose
i'm not playing

>>54547692
more people are boughted than solded
ez

>>54547692
>it's only manipulation when it's going up
there are only a bit over 19 million bitcorns in existence right now and over 8 billion people on the planet, it's that simple really

>>54550556
Ill take one 62-65 please

>>54550975
There 100 million beanie babies and 8 billion people in the world.
What's your point? Scarcity only works if there is demand

>>54551081
Clearly there is demand, hence bitcoin going up

>>54550556
rolling for milf mommy
>>54547692
why do you even care? if it goes up buy, if it doesn't sell.

>>54550556
Sup baby girl, I try a get some pipe

>>54550556
rollerino

>>54547705
>>54547756
Bitcoin is a failure as a currency you stupid retard, and that was its primary purpose. If God forbids there is some kind of collapse as depicted in your idiotic cartoon, Bitcoin won't be saving you from anything.

>>54547740
>>54547824
>>54547858
>>54547938
Is this no coiner embarrassing tantrum some kind of copy pasta or bait?

>>54551262
>>54547740
retard alert

>>54551262
it‘s a reserve like gold, that can still be used for currency through lightning, like silver was and then paper in the old days, whenit was a gold certificate.

>>54547824
Lol are you watching the fed orinting more money than toilet paper?

>>54550556
i roll
wagmi

>>54547692
>Btc going up is always illegal activity or market manipulation it is suppose to just go down because muh macro economic factors!

Midwit nigger

>>54550556
Rollerino

>>54547740
>>54551262
So much cope

>>54547692
>cartels
So states don't have the firepower to stop drug trafficking? This has always seemed fishy to me. The US government can destroy Iraq, Afghanistan etc but not stop drug smugglers?

>>54550556
>Not gold though
go ahead and kill yourself (kys)

>>54547740
while I make money off crypto I believe that crypto as a whole doesnt have much to offer. some underlying tech is nice but 99.9% of the things out there have no real use in the world today. BTC isnt one of them though. as long as the environment around BTC stays the same it will always be a good place to park some savings.

theres not much out there you can do to keep your money in your own control. its in a bank? its not really yours. its in stocks? not really yours either. but if you have gold, silver, or bitcoin you are in control of your own money.

>>54547692
People are betting that the Fed is going to pivot and start cutting rates soon which will give BTC some wind in its sails. People going long now better pray that CPI number is soft tomorrow. If core inflation is still sticky the Fed is definitely raising 3 more times. BTC summer will be over before it even starts.

>>54547692
No, it's because gold is overvalued, the market is shitting itself, and because people lose trust in fiat currencies, because of failing banks and massive inflation. Investing in bitcoin just makes good sense in this market.
>inb4 "muh no utility n shiet"
Did Bitcoin ever need any utility in the past to pump? Its price is purely driven by speculation, and currently nothing else really makes money, whether your no coiner boomer ass likes it or not.

Hey, heeey, HEEEEEYYY! Shut up! All of you! How is it that no one mentions that cute little parrot in the burrito! Just look at how cute it is! I SAID LOOK! LOOK AT IT!!!!!

>>54550556
rollin

>>54550556
Rollin for only chance to get gf, give something good

>>54547692
As usual you didn't check the chart before the pump, specifically the 1D Stoch RSI which was bottomed.

>>54551262
You're a failure as a paid shill.

>>54547692
best to ignore the fundamentals in crypto nowadays and buy whatever is mainstream, dog coins are the best performing assets in the past few years and they are inherently worthless

>>54554534
Doge is fast and cheap
The other dog coins were hype riding off the back of doge

>>54548980
>Financial censorship

lmao what the even fuck is that, sounds absolutely made up, no wonder you are a coiner.

>>54547692
It's a somewhat liquid market that you can trade during the weekends. As long as there's money to be made up and down, bitcoin will get traded. The institutions who can actually make the price move don't give a shit about what btc can or can't do, it's just another chart.