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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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20917215 No.20917215 [Reply] [Original]

can we have a REAL old fag thread. newfags stay the fuck out of our thread

>> No.20917230

>>20917215

Sub 3000$ end of 2020

>> No.20917232

who here knows what the fuck im talking about? anyone?

>> No.20917252

>>20917230
lol thank you for being the literal moron that i painted on my chart. this shit is so repetitive that its almost unbelievable.

>> No.20917276

>>20917252

YEA BRO 100K BRO

do you even elliot wave?

>> No.20917321

>>20917215

I bought 0.9 BTC in college at $500. Sold that shit for a modest gain to pay rent.

>> No.20917359

>>20917215
What exactly do you want to talk about? Bitcoin is a viral money which will overtake gold as a store of value in a decade.

>> No.20917366

So long as BTC is involved with anonymous drug purchases won't it always have value?

>> No.20917433

I remember when a guy who went by woolong was supposed to be some uber whale pumping doge, then he got completely destroyed by an actual whale
I believe /biz/ hadn't been splintered of /g/ back then, not too sure about that

>> No.20917438

It's fun watching history repeat itself. Anons seem to think crypto mooned every single day during the last bull run. What they don't see on the charts are the huge dips we had as well every few days. Volatility was insane during that stretch. Holders get rewarded in the long run. It's not just a meme. You guys all seem to think you're smarter than each other.

>> No.20917495

>>20917366
This gives it tremendous value. More generally, it's a form of value transfer that can't be stopped by a 3rd party. No jew can stop you from sending or receiving bitcoin.

>> No.20917511

I locked in my Trezor balance at $20k, been buying these dips

>> No.20917592

>>20917366
Maybe you haven't heard about Monero?

>> No.20917644

>>20917215
it takes months for reduced supply shock to have a compounding effect with "magic internet money" novelty gains from alts
i expect one more strong dip by the end of the year just because it will be profitable to do so, but the average price will trend upward because of supply shock

>> No.20917663

>>20917215
what moving average is that?

>> No.20917671

Oldfag here, this is normal for bull runs. Reminds me of both the post halving dump and the dump from after the sick run up to three k from the previous bullrun

>> No.20917673

>>20917592
You mean the Bit-Rupee?

>> No.20917739

>>20917321
I bought 1.1 BTC at $600 and have been accumulating since.

>> No.20917779
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20917779

>>20917230

>> No.20917788

>>20917215
Remember the anonymint crazy guy in Monero threads always fighting with everyone? Or BitcoinEXpress forking and destroying Auracoin? Or Fibonacci litecoin miner pumped by the litecoin mods who scammed everyone then that scammy dude out of China wound up first to market? Or everyone calling Eth a scam during it's ICO?

>> No.20917799
File: 74 KB, 1469x795, 1596342468873.png [View same] [iqdb] [saucenao] [google]
20917799

>>20917671
well hello there oldfag

>> No.20917817

>2017
>oldfag
where my goxfags at?

>> No.20917847
File: 62 KB, 1544x862, 1 GtZlLuSd_8IID6EyV_CZzA.png [View same] [iqdb] [saucenao] [google]
20917847

>>20917799
This chart has filled out perfectly so far.

>> No.20917850

>>20917215
I - just looked at the chart. Yeah we are at the "just went to $1,250 ... Oh fuck it dropped to $999 - never going to new ATHs again" phase.
This feels so much like the creep over $1K to me last time. Bulls are quiet, the sky is falling when it falls 10% after going up 20%.
I fully expect >$100k in the next 18 months. Although most of the people here will get wiped out by margin or shitty defi contracts

>> No.20917868

>>20917817
right here bitch. silk road.

>>20917788
eth was a premined shitcoin led by a russian scammer. omfg auroracoin was HUGE i think it hit like #3 market cap at one point haha. remember feathercoin? peercoin? namecoin? those were the good ol days

>> No.20917869

>>20917779

Everytime i mention my thoughts on btc being sub 3k 2020/2021 everyone laughs at me

You agree?

like 50-70% of people in the cryptospace got in when btc was above 3000$.. it's going to go under and rape so many people who will eventually capitulate right into whales pockets

Not to mention elliot wave theory suggests something along the same lines.

>> No.20917890

>>20917817
I was around thinking about buying gox coins from that weird adhoc exchange they setup and shilled in bitcointalk.
In fact I have an old post way back talking to rptellia dude who shilled Monero and owner the Bitcoin castle who burned down somewhere

>> No.20917891

>>20917868

Just sold the house for feathercoin!

>> No.20917893

>>20917438
>>20917671
real oldfag pog

>> No.20917913

>>20917868
Oh Jesus "litecoin is silver, feathercoin is copper"

>> No.20917921

>>20917850
bingo

>> No.20917975
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20917975

>>20917921
Should I be converting my USDT to BTC?!?!? Where is Bogdanoff?!

>> No.20917995

>>20917868
I met this old guy in Penang years ago - right before Eth was released. Only crypto person I've met in real life who shilled namecoin thinking it would come back. We shared a room in a hostel to avoid the bunks - he would not shit up and we checked at least a dozen places so he could find the cheapest beer. After hearing about his entire life story Inc the fact that he couldn't afford to live in Canada so was teaching English in Thailand for $800 a month but kids didn't respect him and would just bang and rub on his head / pull his ears I finally got away from him.
Came back at 1am and our room had a window facing into the hallway where his genitals were perfectly framed by the open window - guess he got hot. And there were half a dozen Muslim women staying together just down from us.
I have never pretended to know what crypto was in real life since then

>> No.20918014

>>20917893
That dump right around UASF was brutal.

>> No.20918023

>>20917215
all the oldfags are in on mta retard

>> No.20918044

>>20917975
do whatever the fuck you want

>>20917995
hahahahahhaha

rule #1 about crypto - never talk about crypto

>> No.20918051
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20918051

>>20917995

>> No.20918076

>>20918051
Even looks like him

>> No.20918089

>>20918023
take your illiquid defi shitcoin somewhere else. it sucks and the defi liquidity farming scamcoin bubble is about to blow up in your face. i hope you made your money and that shit and got the fuck out. the market is saturated with too many of them and morons are literally going into random threads that have nothing to do with them and telling them to buy

>> No.20918143

https://greater-fools.com/2020/01/19/volume-profiles/

>> No.20918218
File: 80 KB, 1467x796, volumep.png [View same] [iqdb] [saucenao] [google]
20918218

>>20918143
this is way too long of an article for what can be summed up in 2 sentences:

the bottom is volume at time. the side is volume at price.

no need to complicate it

>> No.20918223

>>20917673
Sure buddy

>> No.20918270

>>20917433
wolong was around after /biz/ became a thing but started gaining notoriety before, i think.

>> No.20918279

>>20917817
I got into crypto when BTC was $200, and made an account on Gox to try to arbitrage with BTC-E. That was when I discovered that you couldn't actually move USD in or out of Gox, so I guess I was saved from losing when it went down. Of course I've been paranoid about exchanges ever since, so I missed the subsequent peaks because everything's locked in cold wallets.

>> No.20918339

Bought Pandacoin.

>> No.20918350

Ha Ha Opie You Must Be Kidding I Have Been In On Bit Coin™ Since 2009. Heck, I Practically Near Invented The Damn Thing!

>> No.20918363

>>20917215
this time will be different

>> No.20918367

>>20918350
Go back to your chainlink circlejerk Raj
WHAATT???!?!

>> No.20918389

>>20918218
If you want to make money with volume profiles... read it. BTC is going back to $9255.

>> No.20918395

>>20918339
But did you make it off of cryptsy or did bigvern take them all?

>> No.20918403

>>20918339
I mined several million (I think) pandacoin and accidentally reformatted the hard drive they were on kek

>> No.20918413

I'm an OG if people want to say getting into crypto in 2011 is OG.

I got a question for OGs. What do they think about Ampleforth. It feels like the only real innovation in crypto since smart co tracts. Agree or disagree?

>> No.20918880

Now is not the time for TA bullshit. You all know that.

>> No.20919486

>>20918403
PND
Literally Pump n Dump as the ticker, but yeah I still have Panda client with 1m coins on my PC.
Any other oldfags logged into old exchanges and finding shitcoins that died before 2017 run. I had one called BTC scrypt in my poloneix account.

>> No.20920071

>>20917215
2013 veteran oldfag here. Everything happens the same over and over again.

>> No.20920221

>>20917869
kys u retarded faggot. it cost like 9k to even mine the stuff. hop from a bridge u waste of air

>> No.20920318

>>20917215
anyone remember liberty reserve?
Only switched to btc because fucking feds took my cash

>> No.20920558

>>20917850
this.
true newfags and brainlettes dont even realize that all sells are buys. the sell wall we hit at 12k just locked in lots of new buyers at 11.3k - those people arent selling now until we go 2x 3x.
tldr. its how price floors are built.

>> No.20920854

>>20918413

Altcoins are useless

>> No.20920942

>>20917995

How much of a depth grovelling low caste cockroach do you have to be to live amongst such human detritus?

>> No.20920971

>>20920318
name rings a bell but I dont remember what it was

>> No.20921013

so.. I remember when Bitcoin was being posted on /b/ in 2009.. I tried buying $100 worth but at the time it was too tricky for me to work out. I spent about 4 hours trying to do it but wiring money at the time was a real bitch. Doesnt really matter, without question I would have sold the second I made like $1000..

>> No.20921015
File: 2.05 MB, 3088x2320, 9654615A-C5D8-4CDA-97E6-1B3FBF24FC07.jpg [View same] [iqdb] [saucenao] [google]
20921015

>>20917230
this
unironically

>> No.20921037
File: 70 KB, 386x480, 1596094245254.gif [View same] [iqdb] [saucenao] [google]
20921037

>>20917215
Peepee poo DRNS 1k eoy my linkies stay extra stinky

>> No.20921132

>>20921013
>i would've prolly wind up selling anyway
me and a buddy bought btc in 2011 at around $40 or so....we each bought around 30. as soon as it hit $200-300 we both sold.
he sold everything, I held onto 10 but sold the rest. did nothing meaningful with the money....
funny the experience turned him into a seething nocoiner...now all he talks about is "its way overvalued its going to crash sub $1000 soon". deep down he knows he's wrong but cant mentally unfuck himself and just deal with making a tactically smart, but strategically dumb decision.
probably 90% of the seething nocoiners you see on these boards are similar. hi brian.

>> No.20921274

>>20921132
Very, very few people have what it takes to hold it from $40 to $1200 to $180 to $20000 to $3200 to $12000, including all the volatility in between. Probably only 1 person hodled for every 10 or 20 that had you and your friends experience. Good work holding onto the 10 at least!