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/biz/ - Business & Finance

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16305363 No.16305363 [Reply] [Original]

Bitcoin (2008 ~ 2020)

>> No.16305371

>>16305363
you think 2017 was the bubble? hahahahaha

>> No.16305373
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16305373

>>16305363
its over...

>> No.16305376
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16305376

>>16305371
This is the house that Winklevoss brother bought with their Bitcoin gains. There is no way Bitcoin will make its investor any richer. You are late adopter get over it

>> No.16305378

>>16305371
it was in every media outlet where everybody and their mothers knew about it, so yes retard

>> No.16305399
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16305399

>>16305363
>markets are not cyclical

>> No.16305408

>>16305376
>late adopter
looking for scalability

>> No.16305425

>>16305408
Bitcoin is a failed experiment.
It's slow, expensive, hard to use.

>> No.16305426
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16305426

>>16305399
>the tulip market will rise again! Just give it time!

>> No.16305475

>>16305426
>tulip halvening in 2020

>> No.16305483

>>16305475
Halving doesn't decrease the circulating supply. And the demand won't increase as everyone has already known Bitcoin is a popped bubble.

>> No.16305485

>>16305376
bitcoins first theoretical cap is at 10 billion usd per coin

>> No.16305496

The next bubble is BNB. Hold and you will be rich soon

>> No.16305506

>>16305483
But it would make miners lose money so they would quit and bitcoin would be dead.
It's just a question of do you think bitcoin will die in the next years.

>> No.16305515

>>16305496
laughable

>> No.16305521

>>16305506
yes, it will die like MySpace

>> No.16305536

>>16305506
after cme, bitcoin is already dead.

>> No.16305745

so 4k is the confirmed final bottom?
Good to know

>> No.16305948

what's an echo bubble?

>> No.16305981

>>16305506
Miners set the bottom of btc
In 2017 number 3k floated around as the price miners need to make minimal profit. it didn't go below that
Miners are also speculators and are balls deep in this game, if they would quit mining and break btc in effect, it would be like a career suicide for them. Additionally, the less people are mining, the higher are the rewards, so if some miners do quit others will pick up the slack.
Miners are the ones who can fuck bitcoin, not SEC or csw, but miners will not fuck bitcoin as it is in their interests to keep it alive

>> No.16305986

>>16305506
>>16305521
>AOL died
>Piczo died
>MSN died
>MySpace died
*You are here*
>Bitcoin died

>> No.16306622

seems like this echo bubble could be seen as a dead cat bounce as well

>> No.16306656
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16306656

>>16305981
Miners are the ones who take money out of the system. How can they possibly "save" the price of bitcoin?

>> No.16306676

>>16305986
AOL and msn are still around.

>> No.16306710

>>16305363
Digital gold..