/biz/ - Business & Finance

[Anonymous No.17524030]

>Have you ever bought Bitcoin at a higher price than 10,000$?
>No
>So, why do you expect people who are not even into crypto markets yet to do it?
>Because I'm a bulltard sir.

[Anonymous No.17524046]

>>17524030
because retard bulls will stop selling because the big red line told them to, then they will fomo in and then biztards will fomo in, then institutions will fomo in, then normies will fomo in
lrn2markets

[Anonymous No.17524069]

>>17524046
>institutions will fomo in

[Anonymous No.17524099]

>>17524069
there's 2% interest fake money credit floating around the economy and greedy people want a quick buck, pair two together

[Anonymous No.17524114]

>>17524099
>hedge funds will buy my bags

[Anonymous No.17524168]

>>17524114
they dont buy bags, they just pump it to get their x% (tm) bottom line for their masters

[Anonymous No.17524179]

>Have you ever bought Bitcoin at a higher price than 30$?
>No
>So, why do you expect people who are not even into crypto markets yet to do it?
>Because I'm a bulltard sir.

[Anonymous No.17524191]

>>17524168
>>17524099
>>17524069
>institutions pumping blypto for any reason at all, especially at these retail-retard inflated prices
you are seriously one of the dumbest posters on this board, fuck off already

[Anonymous No.17524211]

>>17524030

dont use logic and reason here sir

[Anonymous No.17524220]

>>17524179
There is a difference between 30$ and 10,000$

pic related, you.
(yes you are the retard who bought heavy bags)

[Anonymous No.17524245]

>>17524191
do you think retail had any money to pump crypto in the previous cycles?

>>17524220
there is no difference in the eyes of institutions, if you know anything about markets its all logarithmic

[Anonymous No.17524264]

>>17524245
Tethers are printed by Bitfinex to put Bitcoin at a high price so they can unload their bags on retards.

Bitcoin is now too expensive to be unloaded on retards.

[Anonymous No.17524275]

>>17524245
>implying there's no difference buying an asset with small market cap versus an asset with large market cap

[Anonymous No.17524317]

>>17524030
More people will buy BTC at $100,000 than $10,000; that’s how Veblen Goods work

[Anonymous No.17524330]

>>17524317
What about its so called scarcity?

[Anonymous No.17524338]

>>17524264
>>17524275
bitcoin is less than the marketcap of some of these tech stocks with $5b in revenue, but we'll grow to $200b in like a few years, trust me NEW PARADIGM! hence there is no limit to the greed and liquidity in the markets to shift hundreds of billions in a matter of weeks, institutions pumped the price to 20k 2 years ago and that was after an exhaustive bullrun

[Anonymous No.17524393]

>>17524330
Fully reflected in the higher price

[Anonymous No.17524416]

>>17524220
>why would people buy at $10
>why would people buy at $100
>why would people buy at $1000
>why would people buy at $10000
>why would people buy at $100000

[Anonymous No.17524461]

>>17524220
>Have you ever bought Bitcoin at a higher price than 5015$?
>No
>So, why do you expect people who are not even into crypto markets yet to do it?
>Because I'm a bulltard sir.

[Anonymous No.17524528]

>>17524461
>>17524416
>>17524393
You guys realize you are the greatest fools?

[Anonymous No.17524579]

>>17524528
I feel so stupid buying at $22 and just hodling yes. Being up literally 39,000% makes ME the mong, oh yes.

[Anonymous No.17524599]

>>17524416
In a couple months will mark the 3rd year anniversary of the ATH of 20k or so
After how many years will you realize this was a once in a lifetime event? And the difference between that ATH and prior-to-2017 ATHs is that 20k was only reached by normies fomo in
The normies all got fucked and arent coming back any time soon

[Anonymous No.17524673]

>>17524030
world governments wont get my bags till at least 1m ea.

[Anonymous No.17524750]

>>17524599
put in a 5yr futures short then, you will be a guranteed millonaire by your theory then. put your money where you mouth is do it

[Anonymous No.17524806]

>>17524416
>why would people buy food instead of btc
>why would people pay rent instead of buying btc
>why would people pay house dividends instead of btc
>why would people buy a car instead of btc
>why would people buy a house instead of btc

[Anonymous No.17524856]

>>17524030
>Have you ever bought Bitcoin at a higher price than 10,000$?
yea, i bought Link fairly early, same time there was a bullrun. Could only buy Btc and Eth on the account i used as a fiat gateway, transfered the Btc to Binance and bought link.

I used Bitcoin as an intermediary step to transfer money, the amount of Bitcoin i received for the amount of $ i spend didn't matter, i would have gotten the same amount of Link token regardless if one Bitcoin was worth 2$ or 2 million $.

This is the underlying assumption with "digital infrastructure" and all the other memes and buzzwords, that if you use the tokens/coins, the $ value of one token doesn't matter, the utility won't be affected, if you bought a cup of coffee worth 2$ of Bitcoin - why would the amount of Bitcoin you spend matter?

[Anonymous No.17524896]

>>17524750
My point is that only "crypto enthusiasts" are left in the game, and if they truelly believed this will reach 20k anytime soon or 25, 30+, they would be buying without hesitation

[Anonymous No.17525494]

>>17524599
if you don't own at least some BTC you are an absolute moron who will retail fomo in and probably lose money, this is a once in a lifetime asset, there won't be many opportunities for the people who will be automated out of existence in the future

[Anonymous No.17525541]

Thanks, just bought 0.2