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/biz/ - Business & Finance

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File: 54 KB, 590x206, btc old chart.png [View same] [iqdb] [saucenao] [google]
10557043 No.10557043 [Reply] [Original]

Hodling and making it big means you saw it go to $1k and then crash to mid $150 slowly all the while everyone and their mom telling you it's finished, an experiment that wasn't meant to be, and so on. Where are we now? Whales that have time in the market deserve their positions for sure.

I think we're one quarter away from getting out of the bear market.

>> No.10557078

The truth is that there are very few. /biz/ is full of a very high amount of LARPers.

>> No.10557084

no vets up in here? I know I wasn't here in 2012

>> No.10557093

Most oldfags I would assume left this place for various discords and are out fucking hookers with their newfound gains

>> No.10557096

>>10557043
We'd unironically be bull if the ETF got approved. Now the chart looks bearish as fuck and if the 6750 support doesn't hold, it's a freefall.

>> No.10557102

so many purple IDs

>> No.10557120

>>10557096
ETF is fantasy talk, not gonna happen.

>> No.10557127

>>10557120
february 2019

>> No.10557147

>>10557127
okkkkuurrrrrrrr

>> No.10557379

>>10557127

that's Q1

>> No.10557409
File: 319 KB, 2242x1212, mtgox.png [View same] [iqdb] [saucenao] [google]
10557409

I was buying under $10. technically sooner than that, in OTC deals with miner friends and stuff but here's the earliest I could find shit on buys from mtgox

I have never sold crypto

>> No.10557445

>>10557409

what were confirmation times like and what wallet used then would still have been around now?

>> No.10557489

I'm in since 60 bucks when you could still sweep a private key on coinbase. Unironically think crypto is over.

>> No.10557515

>>10557409
What would you say: What's the mood now compared to 2014? Is it similar? Everyone is acting like the world is coming to an end...

>> No.10557557
File: 59 KB, 1785x168, 2011.png [View same] [iqdb] [saucenao] [google]
10557557

I was here in 2011 too ^_^

>> No.10558042

>>10557445
>what were confirmation times like and what wallet used then would still have been around now?
I just always used bitcoin core. block confirmation times were same as today, but of course none of the blocks were ever full and most of the time you could send with 0 tx fee

>>10557515
2014 felt much worse, Mt. Gox was like 80+% of the market and it going down and so many bitcoins going missing, it was truly dark times. this feels like nothing compared to that honestly, even though I've lost soooo much more unrealized gains this bubble
but like I said I've never sold any crypto, I just hold and keep buying. also I'll get roasted for this but I no longer hold BTC, I kept BCH from the fork and used the BTC I had to buy XLM, ETH, XMR and more BCH. Bitcoin Cash is legit the 'real' bitcoin as it was back in the day

>> No.10558074

>>10558042
Nah this is the smart move. I mean honestly the chances of bitcoin 100x from here are much lower than any of the other shitcoins 100x'ing

>> No.10558079

>>10558042

wow are you Gavin or Roger?

>> No.10558103

>>10558079
no but those guys are legit Bitcoiners

>> No.10558122

biz didnt exist when btc was 3 dollars

>> No.10558138

>>10557043
i followed btc since it was $10

>> No.10558163

oldfag here since 2016. AMA

>> No.10558186
File: 39 KB, 381x353, 7356728.jpg [View same] [iqdb] [saucenao] [google]
10558186

I knew it existed. Does that count?

>> No.10558202

>>10558163
"OLDFAG" in at 2016? Are you serious buddy? Better go crawl back in your crib newfag baby, true oldfags are 2012 or earlier

>> No.10558213

>>10558186
No, every autistic neet has heard it years ago one way or another.

>> No.10558217

>>10558042
Agreed, Fuck BTC. I've been in Crypto since 2013 (so I'm not an oldfag by my own standards) and saw BTC's decline in being taken over by corporations and government. BCH is the true Bitcoin now, the only decentralized coin with fast fees, solving the scaling problem, better network, faster merchant adoption, etc.

BCH will destroy BTC

>> No.10558269

I was mining it in 2009/2010 and shitposting about it on /g/. Back when the mining reward was 50 BTC. I even mined an entire block by myself once (not through a mining pool).
Then I sold everything apart from 3 bitcoins at $21 which was a peak at the time.
I still have those 3 bitcoins somewhere on one of my old drives but dont bother to dig it up.

>> No.10558280

>>10558202
>>10558217
>Considers himself an oldfag
>Still has an obsession with the Bitcoin brand

>> No.10558298

>>10557096
what are you talking about nigger it was almost $5800 a month or so ago

>> No.10558528

>>10558202
>what is sarcasm

>> No.10558535

I almost bought bitcoin at $6, but then my drug dealer called me back

>tfw

>> No.10558570

I remember when the 'first' silk road got mainstream and was broadcasted in the media, I think it was around $100

>> No.10558571

>>10558103
How can I earn crypto quick?

>> No.10558645

>>10558269
You don’t want to kys knowing you would be filthy rich right now?

>> No.10558835

>>10558645
Not at all.
There's thousands of ways that could've made me "filthy rich" if only I knew the future, why would I obsess over this specific one.

>> No.10558910

I unknowingly blew at least 100 million dollars on Silk Road lmao

>> No.10558927

>>10558042
Dude you bought from $10 no one would fault you from selling all. I found out about btc at same price but wanted lsd as a freshman instead lmao

>> No.10558990

>>10557043
A little advice since there are a lot of newfags here asking for basic guidance. To tether means cash out, untether means you cash in.

>> No.10559007

I'm in since 60 bucks when you could still sweep a private key on coinbase. Unironically think crypto is over.

>> No.10559012

>>10557043
I knew about bitcoin from 2010. I even had a fucking wallet set up but I didn't mine or buy any. I don't regret though. I would have sold at $1 anyway.

>> No.10559024

>>10558269
Reeee

>> No.10559058

>>10558202
absolute state of bcashers

>> No.10559204

Ok so I'm actually about to inject about $1k fresh fiat to my stack. You think we'll see lower numbers or we'll climb from here?

>> No.10559237

>>10557409
>>10558042
salute. based af anon.

>> No.10559635

>>10558122
this. btc was all over /b/ though. people used to just give it away.

>> No.10559661

>>10559204
short term climb. 7200-7300 looks likely to top out. weekly is so bearish.

>> No.10560512

>>10559661
So hang out for a week?

>> No.10560696
File: 200 KB, 1024x1112, 1512476287234.png [View same] [iqdb] [saucenao] [google]
10560696

$29

>> No.10560852

>>10560696
Yes, let's keep glamorizing the old, wise sages who have been around the block and "seen it all" in a market that has existed for less than ten years.

>> No.10560870
File: 139 KB, 1491x582, Screenshot_20171204_000852.png [View same] [iqdb] [saucenao] [google]
10560870

>>10560852
thanks

>> No.10560954

>>10560852
were you even born in 2011 kid?

>> No.10560987

>>10557043
I unironically think we will go again like on op pic, so, we almost bull

>> No.10561067
File: 627 KB, 796x1024, 1498377433278.png [View same] [iqdb] [saucenao] [google]
10561067

>>10557043
this is why i went in hard and deep for https://www.theaccountingblockchain.io/?aId=7543845-2892534 with teh bonus and bounty you're looking at half a cent per token for something that will be the copper of the coming revolution.

>> No.10561163

>>10557078
I was here when 300k starting was a meme. Actually, I sent people Bitcoins on /g/ before this board even existed

>> No.10561705

>2011
>BTC $5
>buy 10
>live life as normal
>forget until late august 2017 when an old friend emails me about prices
>hard drive doesn't exist anymore
>cry
>buy ark
>cry some more

>> No.10561738

>2010
>hear about this bitcoin thing
>hear about faucets where you can get like 10 bitcoins for free
>"huurrr if it's free it means I am the product"

>> No.10561805

>>10557043
Didn't actually start to accumulate until after gox, 2017 was never meant to happen and nothing has really changed since then, just more of the same talk and still nobody fucking using it for anything. Expect it to slow bleed indefinitely now, no more normies coming, institutions will lose whatever marginal interest they had, ICO teams have their money and will all exit scam or pivot into actual businesses completely detached from their worthless cyber vouchers.

>> No.10561827

>>10557043
>2012. was a 13 yo.
>friend was talking about buying weed on le silk road.
>buy a load of bitcoins with dad's help.
>i-dont-know-what-im-doing.jpg
>lose 60 or so bitcoins i think
>end up buying from kid 2 years above in school

>> No.10561832

Don't think we had a biz, I think it was random/poll and it felt the same as link to be honest, most bitcoin talk was for the lolz, more chat was how to buy drugs online and how the fuck to not get the police turn up at your door, some geeks had some information about the creator and how smart he was ect, but to be honest the difficulty was so high that one one was evening mining, not kidding but I see a re-run of it in link and 0x so let's see.

>> No.10561836

>>10557043

I was here when bitcoin was either 0.1$ or 1$ i don't remember.
I bought at 4k5 tho

>> No.10561852

>>10557489

I unironically think you are a faggot

>> No.10561908

Next crisis/bubble crash is coming soon!

>> No.10561960

I bought at $5 in 2012, rode ETH from $15 to all time sats high at $370 or so (knew about the ICO but slept on it).

don’t really care for BTC or 1.0 blockchains in general now, the store of value meme is valid but the technology was only ever going to be suited to launch the revolution, not to sustain it, PoW creates a permanent state of badly aligned incentives.

pretty much all in LINK and Tezos now.

>> No.10562473

I was on /b/

Remember seeing an anon with 15000 btc. Wonder what happened to him.

33 year old boomer btw.

>> No.10562705

>>10562473
>15000 btc

jesus fucking christ

>> No.10562728

Got my first bitcoins as a gift when they were $1.1 each and since then lost them, not even mad tho since life happens.

>> No.10562760
File: 615 KB, 2116x1462, Screen Shot 2018-08-05 at 9.00.02 AM.png [View same] [iqdb] [saucenao] [google]
10562760

>>10562473
>15000 btc
heh.. before crypto I was a full time professional gambler. spent a shitload of time on the twoplustwo forums. This thread started in 2011 talking about bitcoin is pretty neat. There's a guy who made it his goal to secure 1% of all BTC in existence. By the time of this post he had accumulated 50k. I wonder how he is doing now :)

>> No.10562783
File: 1.94 MB, 1652x3400, NocoinersOnTheCasket.jpg [View same] [iqdb] [saucenao] [google]
10562783

>>10557078
I was here telling people to buy at the bottom in 2015.

All I got was anime smug replies and other retardation.

Now im rich and they suffer. All I have to do is sit on my ass and keep buying further dips.

>> No.10562792
File: 58 KB, 744x622, vercash.jpg [View same] [iqdb] [saucenao] [google]
10562792

>>10558042
>>10558217