3k After Bitmain IPO, 1k After MtGox 2.0

[Anonymous No.11292871]

Feeling bitcoin is being manipulated more so than it already is?

You're not alone.

It's a well known fact that Bitmain is conspiring with others to keep Bitcoin and Bitcoin cash prices from dumping until AFTER the Bitmain IPO.

Why wouldn't they do that? They want to IPO and dump their equity bags on the market. Thereafter Jihan and crew are removed from keeping BCH and Bitcoin pegs to the market. We'll see the drop come here shortly.

Not to mention Q1 2019 when Gox victims get in total 150,000 Bitcoin distributed to them. They have been holding since 2014 when prices were 1k and many of them are thousandaires and or millionaires at current prices.

Do yourself a favor and either sell, go short, or be neutral, otherwise you're funding someone else's retirement. Only a fool doesn't understand what's going on in the market.

[Anonymous No.11292887]

>>11292871
BTC is old tech, chinese centralized, high energy consumer, slow and spensive trasactions.

Xrp will be the standard very soon. Its everytime more decentralised and top speed and cheaper transactions.

[Anonymous No.11292936]

>>11292887
kek

XRP downfalls
>what is a security?
>coin is premined
>coin is a utility token and not store of value


If there is any coin that has ability to stand against BTC is Monero.

[Anonymous No.11292940]

>>11292871
>Not to mention Q1 2019 when Gox victims get in total 150,000 Bitcoin distributed to them.
You think they will buy some altcoins with them?

[Anonymous No.11292960]

>>11292936
what value does bitcoin store? proof of 10 year hard work of chinese miners?

[Anonymous No.11292975]

>>11292940
If we're in a bull market - sure. Otherwise imagine some of those guys aren't millionaires. It would be stupid for them not to sell and become millionaires overnight.

>>11292960
digital scarcity. go read nick szabo and some bitmex research. bitcoin is gold 2.0 in the digital era, you shouldn't be on biz if you have the IQ of a kumquat.

[Anonymous No.11292997]

>>11292871
When Mt Gox transfers the bitcoin, they loose the ability to claim all the fork coins. Therefore 150 000 BCH will get burned.
Victims will sell their BTC for BCH. The final flippening will happen

[Anonymous No.11293068]

>>11292997
From my understanding they are sending BTC and BCH to victims.

I honestly don't know about this flippening nonsense. Also, Bitmain controls a chunk of BCH right now... yet they can't dump it without the market tanking.

[Anonymous No.11293112]

>>11292871
Do you know when Bitmain is going to get listed on the HKEX? I've looked into some other listings and it usually took 10-20 days from the prospectus to listing, so maybe tomorrow or next week?

[Anonymous No.11293123]

>>11292975
>Scarcity alone gives it value
How are you even breathing still?

[Anonymous No.11293138]

Bitmain doesn't hold bitcoin. They went all in on bcash at $900 or higher.
And 150k btc has hardly any impact on the price. If you think the bubble popped because that jap sold some of the gox coins, then you're retarded.

[Anonymous No.11293180]

>>11293123
i'm not going to continue arguing with a kumquat.

>>11293138
>ardly any impact on the price. If you think the bubble popped because that jap sold some of the gox coins, then you're retarded.

top fucking kek, look at the brains on this moron.


jesus, biz is full of morons.

[Anonymous No.11293190]

>>11293112
unknown, i was under the assumption it should have been done in late sep, but possibly by mid-oct final.

[Anonymous No.11293205]

>>11293180
Lmao. You're fucking retarded.

[Anonymous No.11293280]

>>11293138
>>11293205

Nah mate, if you think a instantaneous sell off of 1% of the total value isnt enough to make it the whole market react and tank the price by at least 20% or more youre the one who is retarded here

[Anonymous No.11293294]

>>11293205
1800 btc get mined per day. 150,000 BTC coming in on ONE day. god you're fucking retarded. where is the demand for it?

see you at 3k faggot.

[Anonymous No.11293332]

>>11293205
This isnt amazon stocks we are talking about retard this is fucking ponzi 2.0. Most people invested in btc just want to make some profit and sell, there is no confidence in this market as there is for the stock market for example. If people dump 1% of the total value, it will undoubtly have a domino effect on the rest of the holders. Biz is so fucking braindead nowadays i swear to god this placed dropped at least 30 iq points after january holy shit

[Anonymous No.11293416]

>>11292975
>go read this irrelevant tech guy and what a manipulating bucket shop "researched" on this toppic

Kek

[Anonymous No.11293469]

>>11293416
>Nick szabo
>"Irrelevant tech guy"

[Anonymous No.11293478]

>>11293332
They are just delusional that they missed the golden bull run of 2017 or thought 1000% weekly returns were normal.

All these coins have no intrinsic value. Bitcoin is no exception but it has arguments to be the next gold. That's to be determined and is still an experiment.

Biz and all these twitter junkies are all complicit in pump n dump coins wether they like to admit it or not or too fucking braindead to even understand how any of this works.

[Anonymous No.11293510]

>>11292960
holy fuckin shit leftists GTFO crypto. PoW is the ONLY thing that can back a global currency.

[Anonymous No.11294174]

>>11293068
Why would bitmain dump. It's about power not money.
He has enough money, thus he seeks power now

[Anonymous No.11294240]

>>11293510
you calling me left? lmao, you think that work needs to back currency what kind of a marxist idea is that. I think that power backs currency

[Anonymous No.11294277]

>>11293510
This.

>>11294240
>t. Sub 90 iq mongoloid basement-dwelling neckbeard

[Anonymous No.11294383]

mt gox victims will have from oct 22 until sometime in feb to claim their coins. Think it will be a bloody Q1 2019?

[Anonymous No.11294401]

>>11292871
>Bears inventing conspiracy theories now

bottom is in huh boys. who ready for 100k?

[Anonymous No.11294719]

>>11294401
typical delusional crypto "investors" who think they can get rich overnight. see you faggots at 3k.

Thread is archived for the lulz in 2019 when all this shit gets rekt and you wonder why.

http://archive.is/ghSXF

[Anonymous No.11294795]

>>11292871
My buy orders are set...common.

[Anonymous No.11294827]

>>11292871
>t. bitfinex'ed

>>11292887
no one gives abut tx speed because there is 0 reason to use crypto as a daily currency you brainlet

>>11292936
this

>>11292960
the most secure, liquid and stable cryptocurrency with a proven track record in the world, that's what gives it value

>>11293510
this guy fucks

[Anonymous No.11295139]

>>11294827
There are still people here still brainwashed with the 'hodl' mentality.

The chad meme works only in rising markets. Of course /biz/ won't tell you nor will your Twitter guru who only posts bullish memes and charts.

So many gullible dipshits in crypto no wonder there is so much free money to be made when we get volatility. Thanks for helping me retire.

[Anonymous No.11295200]

>>11295139
>The chad meme works only in rising markets.
how many of your relatives know about crypto? count the people you have contact to and give me an estimate of how many of those are heavily invested in crypto.
what do you think the growth rate would be like if most of them had even ~10-30% of their money in crypto?

i'm not trying to shill any specific coin here, but digital currencies are quite obviously just starting out. most people have only heard about bitcoin and don't actively participate - if there was an "everydaycoin" that was normie-friendly and wasn't premined hard/centralized like XRP etc. , the market cap could become insane compared to today.

[Anonymous No.11295297]

upside > downside. we can agree on that. most coins are just meme coins, pump n' dump proxies, or pretend they are serving some utility in some niche.

the investment thesis for bitcoin is like any other MLM or ponzi scheme. few realize this and you have to work through the all the fraud and deception in the market to realize it. Most people who want/need it are for the wrong reasons. Everyone on this board is here to make money. It's that simple. /biz/ brainlets need to go learn how markets work.