[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 97 KB, 720x720, btc.png [View same] [iqdb] [saucenao] [google]
5723579 No.5723579 [Reply] [Original]

they're trying to shake off the weak hands now

>> No.5723636

>>5723579
crash these alts with no survivors

>> No.5723677

>>5723579
lightening network is a scam this shit isnt going anywhere

>> No.5723717

>>5723579
>loses over 30% of its market share in a month
>"they're shaking off the weak hands"

No, the smart money *AND* normies have already begun abandoning this archaic joke and moved to next gen crypto.

>> No.5723737

>>5723677
Lightning

>> No.5723755

>>5723677
thanks for the update Roger

>> No.5723861

>>5723737
>>5723755
>Lightning Roger
how did you know my name?

>> No.5723893

>>5723861
Were you in the latest Marvel movie?

>> No.5723972

>>5723717
you gotta understand that BTC isn't about its tech any longer, it's about the ability to transfer wealth

>> No.5724065

is not a currency because fees
is not a store of value because significant amount was lost in few days
what is the actual value of bitcoin?

>> No.5724151

RUN BTC IS MOONING GET THE FUCK DOWN

>> No.5724174
File: 12 KB, 217x217, heston smile.jpg [View same] [iqdb] [saucenao] [google]
5724174

>>5723972
>it's about the ability to transfer wealth

it's doing a pretty good job. sold my bags to stupid fucks at $18k. transfer of wealth right into my pockets.

>> No.5724377

>>5724174
did you invest in alt coins with with that wealth? bitcoin surges up and down, drinking that milkshake
who's in charge?

>> No.5724456

>>5724377
>did you invest in alt coins with with that wealth

for the most part.

>who's in charge?

the jews?

>> No.5724505

>Bitcoin goes up 5%
ITS MOONING
>goes down 5%
ITS CRASHING

you kids are so cute

>> No.5724597

>>5724505
it's down 30% from ath though.

>> No.5724667
File: 221 KB, 568x479, 23E51CED-A1AC-4ADC-B952-D16A37FE4559.jpg [View same] [iqdb] [saucenao] [google]
5724667

>>5723579
>>5719363
looks like a majority of us are still hodling

>> No.5724709
File: 163 KB, 1242x1043, 1514777053963.jpg [View same] [iqdb] [saucenao] [google]
5724709

>>5723579
if ur portfolio isnt 25% btc your never gonna make it

>> No.5724807

>>5724597
It's down 30% after going from 9 to 19k in a week. What the fuck did you retards expect?

>> No.5724815

those massive btc buy and sell walls you see at critical support and resistance levels, manipulating the price

why is all that money in btc? what kinds of people are playing around with that kind money on the exchanges? think about the actual wealth they must have in fiat outside of the exchange. i don't think they give a shit about a transfer fee, much less how practical it is to adopt as a currency.

>> No.5725241

>>5724807
i expected it due to the RIDICULOUS media coverage it got, that's exactly why i sold at peak normie fomo. why the fuck would i hold when i have an opportunity to sell at the peak of a bubble?

>> No.5725427

The coin that bashed others for being shitcoins is now the ultimate normie shitcoin lol

>> No.5725587

If you listen to legendary investor Jim Rogers, he says throughout his entire career, he's never seen anything go parabolic without a 50% technical retracement.
Look at what's happened, BTC was steadily rising up to $7,000 when it suddenly moons to $19,000
A 50% retracement means it will fall to around $13,000. Throw in a little reflexivity and what we've seen matches Rogers 50% fall precisely.
That doesn't mean its the end of Bitcoin, it means it's had a healthy correction in line with expectations.