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/biz/ - Business & Finance

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55818783 No.55818783 [Reply] [Original]

>oh my gawd I can’t wait to buy bitcoin at $1,000,000!!!!

Why does /biz/ think this will happen? People already gave up on owning Bitcoin at current prices. Why would they buy at 1 million? Whose gona buy it?

>> No.55818788

>>55818783
they think they will have to because everything is going to 'submit' to bitcoin

>> No.55818796

>>55818788
Jesus Christ the maxi shit is so cringe

This is why altcoins and shitcoins took exist

>> No.55818799
File: 88 KB, 1406x641, 1684141217719449.jpg [View same] [iqdb] [saucenao] [google]
55818799

>>55818783
We don't. Search the hash for this image, for instance.

>> No.55818803

>>55818783
Never selling. You won't get a better price. Good luck with your jeet scam VC rug pull blockchain technology bullshit

>> No.55818815

No one is going to buy 1 BTC for 1 million. But in the future people will just buy and store amounts of BTC like what poeple do with a savings account. BTC might very well be somewhere between 300k and 2,5 mil by that time

>> No.55818830

>>55818783
retards were buying pictures of fucking monkeys for way more than this just a couple years ago
I agree it's a little retarded but never underestimate the power of stupid people combined with hype

>> No.55818834

In the future, you won't be buying bitcoin. They won't even call it that. You'll be buying satoshis.

>> No.55818841

Unpopular opinion: Bitcoin has already finished making most of its gains, we’ll be lucky to see new ATH in the next cycle, and even if we do it won’t break $100,000, and it will come back down again to 2022-2023 levels.

As people get more knowledgeable about crypto they’re going to move onto stuff like XMR and ETH

>> No.55818852
File: 14 KB, 978x608, 1668472721779960.png [View same] [iqdb] [saucenao] [google]
55818852

>>55818799
https://archived.moe/biz/thread/37103974/#37103974
https://archived.moe/biz/thread/36992474/#36993685
>>/biz/thread/55177484#p55177912
>>/biz/thread/55121298#p55121489
>>/biz/thread/55559043#p55559045
https://archived.moe/biz/thread/55034585/#55034585

And related is that there's now an engulfing bear candle on the 1-year-candle chart.

>> No.55818858

>>55818830
That's because they thought they'd get a 1000x out of them. No one believes a 1000x is possible with BTC any ore. Maybe a 10-100x, and that's a big maybe

>> No.55818916

Bitcoin will reach a $20T mc as bondholders flee to safety. The bond market is a derivative of fiat, which is only going to get debased, exponentially.

>> No.55818925

>>55818916
Or they will create their own version of btc and stablecoins and btc will be outlawed and the public ledger will work against it, and xmr will rise

>> No.55818941

>$1? it's not gonna happen
>$10? it's not gonna happen
>$100? it's not gonna happen
>$1000? it's not gonna happen
>$10000? it's not gonna happen

>> No.55818973

>>55818799
what will happen
140k must be in the plans

>> No.55818976

>>55818941
only good post here

>> No.55819051
File: 113 KB, 1215x664, right fucking now.png [View same] [iqdb] [saucenao] [google]
55819051

>>55818783
I mean you don't even have to pretend we're all ravaging for bitcoin at 100k, just look at any token right now and see the uptrend.
Bitcoin at 100k is a fact at this point

>> No.55819099
File: 3 KB, 112x112, FVD44cLagAAch7f.jpg [View same] [iqdb] [saucenao] [google]
55819099

>>55818783
Why do people buy Berkshire Hathaway?

>> No.55819181

>>55818783
>People already gave up on owning Bitcoin at current prices.
South America is dropping their dollar because it's backed by USD and trading BTC.

>> No.55819187
File: 137 KB, 1000x982, 1690985646323295.jpg [View same] [iqdb] [saucenao] [google]
55819187

>>55818815
>No one is going to buy 1 BTC for 1 million.
They bought BTC for 68k when BTC was a dollar ten years ago.

>> No.55819193

>>55818941
Shit nugga damn I remember when people on OSRS where selling their gold stacks for BTC and using BTC to buy accounts.
And THAT was back when a BTC was worth pennies.

>> No.55819360

>>55818783
It's pretty funny, I think people on /biz/ forget that the price actually comes from people buying and selling and it's not just some random numbers generated from The Cycle™ that you can just click "buy" or "sell" on to magically get money or crypto from the sky.

>> No.55819449

>>55818783
Golden Bull Run signal