/biz/ - Business & Finance

[Anonymous No.12652564]

Is the 21 BTC meme still a thing? Have I pretty much made it already if I own 21 BTC?

[Anonymous No.12652572]

Yeah

[Anonymous No.12652585]

>>12652564
It was a thing before so many idiots lost their coins or fucking died with their private key

[Anonymous No.12652591]

>>12652564
Not when it goes to 0.

[Anonymous No.12652608]

21 x $400,000 in 2022. Yeah you made it.

[Anonymous No.12652611]

>>12652585
>It was a thing before so many idiots lost their coins or fucking died with their private key
That's true, now it's more like the 19 BTC club. Still, I wonder if the point stands. Will anyone with 19-21 BTC make it in a few years?

[Anonymous No.12652650]

>>12652564
its highly unlikely another SoV/currency coin will overtake BTC.
There may be 2-3 others, but realistically BTC will be king forever with layer 1-2-3 solutions which will likely bring smart contracts to it in future and allow scaling, with bitcoin being the baselayer.

So yes, it'll likely hit 4-5 trillion mcap by itself in the next decade meaning 200,000 USD/BTC.

[Anonymous No.12652652]

>>12652611
im pretty sure, europe its going to colapse in the next 3-5 years, cryptos its going to def be a thing... but btc will? meaby.

[Anonymous No.12652683]

>>12652652
>im pretty sure, europe its going to colapse in the next 3-5 years
why?

[Anonymous No.12652694]

>>12652652
Crypto will not exist with Bitcoin. It has been grandfathered in. It will never die for as long as crypto is still relevant.

[Anonymous No.12652706]

>>12652683
The dumb bluepilled boomers will start to die and the useless shitskins will crash the welfare system.

[Anonymous No.12652707]

>>12652694
BTC can and will go to a million just as a collectors coin
money has to be fungible and private

[Anonymous No.12652711]

yeah, you're good, just don't gamble it away on shitcoins. As a side note, buy chainlink

[Anonymous No.12652719]

what about BSV? 21 BSV a good bag to hold?

[Anonymous No.12652732]

Besides 21 btc, would eth also be a good investment?

[Anonymous No.12652744]

>>12652564
>Bitcoin
No, monero

[Anonymous No.12652746]

>>12652732
Yeah

[Anonymous No.12652755]

>>12652694
That's like saying computing doesn't exist without IBM.

[Anonymous No.12652813]

The chart shows (which I can't find in my files right now) that the distribution breaks out to be 1% ownership if you own AT LEAST 15 BTC.

The 21BTC puts you in a 0.01% percentile, as only one million people can simultaneously hold 21BTC.

Factoring in lost coins, around 3.5ml, you're the new elite within 5 years if you hold the private keys to at least 15BTC.

Anywhere from 15-21BTC in 5 years and your kid's kids' will never have to work. This is the easiest play in the book. Don't get shaken out by the Jews, and don't sell at any price unless during parabolic gains (i.e. when we went to 20K, without the intention of buying back after a 60-70% pullback).

And as an anon said, your BTC value in alts means you don't own BTC, it's that simple. This is easily the most informative post on all of 4chan right now, take it, or leave it.

[Anonymous No.12652827]

>>12652813
Opinion on eth?

[Anonymous No.12652832]

I would prefer 10 BTC and 800 XMR.

[Anonymous No.12652846]

>>12652832
>I would prefer 10 BTC and 800 XMR.
yeah but when LTC gets mimble wimble and all that goofy ass shit, that indicates to me that BTC might eventually get private txs, and then XMR is useless

[Anonymous No.12652863]

>>12652732
bnb lifetime chart vs memethereum
once binance chain is released, eth is over

[Anonymous No.12652881]

>>12652652
It will not, ECB is gonna pump like chinks soon, too much deflation for too long

[Anonymous No.12653016]

>>12652863
>binance chain
not a real thing though

[Anonymous No.12653032]

>>12652827
I personally don't like ETH, I will catch a lot of flak for saying this. I know what the devs are up to, and what they aim to accomplish, and if they even accomplish 5% of what the vision is, it will be valued at tens of thousands, but it's not about that at all.

Let's say you buy 1btc worth of ETH today, that would get you 32 ETH.
Now, Bitcoin goes to 50K. Guess what happened? You're down HUGE on satoshi value. Your 1btc now may be .1BTC, even if ETH's USD value rises.

Eth is a safe bet as much as it is risky. Will ETH undoubtedly be worth more than it is today five years from now, absolutely, but do you want to take the risk of losing precious satoshi value? No, you shouldn't.

[Anonymous No.12653033]

>>12652813
Why 5 years?
> which I can't find in my files right now
find it

[Anonymous No.12653056]

>>12653032
How many BTC do you hold, and how much do you play with for shitcoins?

[Anonymous No.12653068]

>>12652846
>BTC might eventually get private txs
>can't even hardfork to change a simple block size

Yeah, right.
Also, CryptoNote>MimbleWimble

[Anonymous No.12653071]

If you have even a single btc just laying around you are already more wealthy than 97% of humanity that exists, and 99% of humanity that has ever existed.

More than half the world monthly wage is less than $100 equivalent and you have like $3.5k worth of internet monopoly money fucking off and doing nothing for you except existing

Having monthly saving in excess of 75% of your take home pay puts you in top 5% of financially stable humans worldwide.

[Anonymous No.12653080]

>>12652755
You have a false equivalency. I think it's closer to saying that the internet won't exist without the http protocol.

[Anonymous No.12653096]

>>12653033
>>12653056

Five years as a general statement. Even by mid 2020 during the next halvening date... However, now, plebs want to sell for Fiat, the day when you won't have to is when it's safe to sell your Bitcoin. That Lamborghini you want so bad? Much cheaper to spend 30 million satoshis on, then selling $300,000 worth of Bitcoin. See what I'm saying? I can tell your new, but I don't mind assisting.

[Anonymous No.12653106]

Hoarding 60 BTC for the next bullrun (made it on raiblocks > nano, but didn't sell during peak like a dumbshit).

Putting 1.5 million in a trust fund for my brother since he bought into crypto and lost all his life savings during the peak, and exited. Putting another 1.5 million in a trust fund for my wife's family since they are all poor pajeets that are leeches, I hate them but I love my wife. The last 3 million is going into an index fund and it's retirement with a simple lifestyle.

Thing is, do I go down the alt coin casino and try to multiply my 60 btc again, or just hoard it in the bank in my ledger and just wait? I'm comfy with a 6 figured middle management do fuck all job, can easily wait 2-5 years for btc to hit 100k.

[Anonymous No.12653108]

>>12653071
>If you have even a single btc just laying around you are already more wealthy than 97% of humanity that exists, and 99% of humanity that has ever existed.
- shit stupid redditors say

I don't care about being more wealthy than creaturas in South America, all that matters is my wealth relative to my first world circumstances

[Anonymous No.12653115]

>>12653106
>Thing is, do I go down the alt coin casino and try to multiply my 60 btc again, or just hoard it in the bank in my ledger and just wait? I'm comfy with a 6 figured middle management do fuck all job, can easily wait 2-5 years for btc to hit 100k.
I'd say don't risk it. You've got a day job and a crypto savings account with that 60 BTC. Just pretend you have no crypto and don't seriously expect it to hit 100k and you'll be good to go if it ever actually does. You'll kill yourself if you lose it on shitcoins or if you expect it to hit 100k and it never does.

[Anonymous No.12653145]

>>12653108
>my first world circumstances
The difference is that you have the option to leave your first world circumstances and live in luxury and wealth in another place, after having reaped the benefits of your society.

>I disagree so he must be from Reddit
No, you are just an imbecile.

[Anonymous No.12653152]

>>12653032
I see what you are saying, but don't you think that if btc pulls off a 15-20x, that eth will pull off something bigger?

[Anonymous No.12653153]

>>12653145
>No, you are just an imbecile.
t. shitskin and/or egotistical individual of middling intelligence

[Anonymous No.12653162]

>>12653153
>>12653145
also nobody wants to go live in a shithole third world country, there's a reason everyone who can chooses to escape those circumstances
t. lived in a third world shithole when I was "traveling" the world as a dumbfuck 20-something

[Anonymous No.12653173]

>>12653115
90% leaning towards this too. The 10% is whether to keep an eye on BTC movements, and try to ride the next sub 100k btc bull cycle and rebuy on retrace, like if it goes from 3k to 50k, back to 10k, to provide an even bigger nestegg for my family. It keeps me up at night that I didn't take advantage of the last bubble.

[Anonymous No.12653185]

>>12653173
>It keeps me up at night that I didn't take advantage of the last bubble.
But if it does go to 100k after all and you end up rekting yourself trying to swing trade like the average middle management plebtard you are (no offense intended), you'll definitely kill yourself

[Anonymous No.12653198]

>>12653185
Point taken and offense not taken. Not cashing out during peak was a sign of being a plebtard. Thanks for the advice, much appreciated.

[Anonymous No.12653199]

>>12653068
Scale and security are more important
Monero is shit

[Anonymous No.12653220]

>>12653198
>Not cashing out during peak was a sign of being a plebtard
Stop with the sarcasm. Not cashing out during the peak was obviously idiotic, but you also had no way to know what the peak was. If that was the 100k golden bull run, then you would have felt like a dummy. Moreover, we're talking about a subsequent cycle here, so you'd be doubly retarded if you were a true believer for all those years and then at the tail end decided to wreck yourself on some shitcoin or with tether.

I'm not saying you're wrong, but you should try to consider my point more seriously, since you might've already made it by now, and if you do fuck yourself over, you'll think back to this and think, "yep, that dumbass was right all along"

[Anonymous No.12653318]

>>12653096
who published this?

[Anonymous No.12653323]

>>12653318
>>12653096
Nvm, I see the twitter link now

[Anonymous No.12653388]

>>12653199
>Scale and security are more important
>Monero is shit
Nice contradiction here, fat boy. Also, CN is safer than MW.

[Anonymous No.12653998]

>>12653220
You're too good to be on this retarded anime board, senpai

[Anonymous No.12654573]

>>12653388
Monero is secured by gaming cards and hidden fpga/asics and has enormous tx size which can't scale even though they don't have a blocksize limit
They're unironically lucky no one uses it because they still havr their shit arguments to scam retards who don't research this stuff themselves

[Anonymous No.12654846]

>>12652650
>Imagine actually believing this

[Anonymous No.12654879]

>>12654573
That's the price for good and strong privacy. Also, they can scale at all. Bulletproofs was the proof they can still scale well.

[Anonymous No.12655208]

>>12654879
The price of mainchain privacy is data size and even with their recent upgrade it's still several magnitudes larger than regular transaction
It's one fundamental that compromises scaleabilty while getting everything else wrong (botnet mining hidden asic/fgpa, centralized and regularly scheduled algo choices)

[Anonymous No.12655296]

>>12652564
the redpill is that ethereum caused the 2017 bull run and will cause the next one.

[Anonymous No.12655348]

>>12655208
I must agree with the last part. That's why there's a unknown CN fork with lower block time (15s) which will adopt Grin's Cuckoo cycle in the next days and be the best CN coin.

[Anonymous No.12655552]

>>12655296
This is 100% true and it scares me that the 21 BTC club is actually a meme. I don't know whether to get 21 BTC or 600 eth

[Anonymous No.12655579]

>>12653033
>>12653096
Cool chart anon

Wouldn't the majority of the top wallets be exchanges anyway?

[Anonymous No.12655584]

>>12655296
Chainlink causes the next bullrun

[Anonymous No.12655702]

>>12652564
100k Nauticus is totally a thing; seriously look at it.
These are coming
>Securities offerings
>Global KYC through NTS
>BNB tokenomics along with tying the NTS token to all services
>REQ like marketplace with NTS as the medium for Spot pricing multiple FIAT currencies

I am guessing 10 dollars by 2021.

I also have 50 ETH and 6 BTC so whatever though.

[Anonymous No.12655718]

>>12655702
fuck off, retard

[Anonymous No.12655733]

>>12655718
Again I'm holding plenty of everything. Not worried. Just sharing a low market cap chance for a big moon.

Also look into GRIN and BEAM or anything else that may get made with mimblewimble. Preferably without a premine.

[Anonymous No.12655741]

>>12655733
>or anything else that may get made with mimblewimble
sure is fun not having proof of receipt

[Anonymous No.12655775]

>>12655741
https://www.youtube.com/watch?v=Nl2ZxN-Y-Dw&feature=youtu.be&t=16787

Give it some time; they're working on it.

[Anonymous No.12655799]

>>12655741
Anyways my point; is don't be a bitcoin purist unless you really really don't believe in up and coming projects; nor want to DYOR

[Anonymous No.12655973]

>>12655733
What background would I need to properly understand the fundamentals of nimblewimble?

[Anonymous No.12656011]

>>12655973
I consulted a cryptography professor I know to have him personally research it for me and read the code since I know he has no skin in the game. so far he says it looks like well professional put together code but he says he has a long way to go before he would know how well it would work.

tl;dr
prolly some real schooling mahdude

[Anonymous No.12656046]

>>12656011
wait what kind of relationship do you have with nimblewimble that you can afford to pay a prof to go over it? You one of them whales?
What's your long-term coin portfolio? Thoughts on AGI for the long term?

[Anonymous No.12656128]

>>12656046
He is a friend I met through a then crypto podcaster who is far right wing; that's how we got connected. He gave the information willingly because it added to his current knowledge of cryptocurrencies and he plans to start his own once he gets stuff worked out. He says his current email list of interested people is 2million but I havent seen any set proof of that yet. He is currently working on APIs for his other business ventures.

My only whale Holdings are Nauticus (I truly believe if they fulfill what theyre offering it will push them up there with binance or at least past kucoin); and by the end of this year hopefully ETH, BTC, and GRIN if they continue to show strong improvements. I also have decent US stock market holdings in Monthly dividend stocks and some strong growth ones (Hope you guys bought into that facebook dip last year btw)

I am also applying for BEAM to work for them thats why I went out of my way to consult people.

Honestly when it comes to projects like AGI I lack any background in A.I. to give a solid answer. Sorry. I know it's both a buzzword and will play an integral part in the future of mankind.

[Anonymous No.12656155]

>>12656046
With that said please DYOR on every project; I play things risky with small cap stuff for crypto often.

[Anonymous No.12656214]

>>12656128
Makes sense that you would try to learn more about the company you plan on working for.
So you both knew the podcaster personally? How did you get to know people in the crypto space?
Any advice on connecting with people?
BEAM only appears to have public openings for developers and ambassadors, are you applying for one of these or are you applying through a connection? What qualifications do you have [you can skip this if you're worried about privacy] and more importantly, what qualifications do you think these companies are looking for/will be in greater demand in the future?
Sorry for picking your brain, but it's not often I get to meet people with as much domain experience on /biz/ of all places.

[Anonymous No.12656273]

>>12656214
Searched crypto on spotify he was an ex futures and options trader with a small audience and we became friends. Use telegram and linkedin and be upfront and honest with people.
Crypto needs HONEST salesman and less profit focused projects to get in the limelight. Not the for ridiculous circlejerk it currently is.
Get into coding, or go the salesman route through ambassador programs for quick bux.

You have an email? Throwaway works.
I'm on mobile now btw.

[Anonymous No.12656280]

>>12656214
Literally join hundreds of start ups and ask how you can help. Thats the easiest way.

[Anonymous No.12656341]

>>12656273
[e-mail]
>>12656280
by "join" you mean "conatct" right?

[Anonymous No.12656371]

>>12652564
my main issue with bitcoin is that people can legit have 10k bitcoin and die and no has access to those 10k worth of bitcoin ever.
difference with gold, if you die someone else can come along and find it.

ethereum makes more sense because you need some inflation to deal with the millions that are lost due to people losing their keys

[Anonymous No.12656405]

>>12656341
Join their telegrams

[Anonymous No.12656591]

>>12656371
Does this confirm bitcoin will become expensive because of scarcity?

[Anonymous No.12656625]

>>12655552
If you can’t see that’s its btc than you’ll never make it.

[Anonymous No.12656635]

>>12652564
Look at the halving chart, BTC will go down to low 2000 s- high 1000s in late 2020, it will climb back up to 20k by 2022 and late 2023 It will hit around 250k.

Sell what you have now, buy back in near low 2000s and hold on til early 2024. After paying the tax man, you will be unironically set for life.

42 BTC is the goal

[Anonymous No.12656664]

>>12656635
42 now? Aw, man...I barely pooled enough to get 6 and now I have to get to 42?!? I’ll never make it.

[Anonymous No.12656690]

>>12656664
Once you get 1 BTC it seems easy to grow it, you just have to constantly read discord channels and check the exchanges every day

Like people told me to invest in HOT and sell at 300% as soon as it hit binance, but I didn't because I was away from my computer. It easily went to 30 sats a few days later. That's 2 entire BTC I missed out on because I was away from my computer for a few days

[Anonymous No.12656700]

>>12652564
Nice larp

[Anonymous No.12657041]

>>12656690
this works really really well until it doesn't.

[Anonymous No.12657105]

>>12653071
The Lion does not measure himself by the life of an ant.