/biz/ - Business & Finance

[Anonymous No.21186631]

>not one post about BTC

[Anonymous No.21186697]

>>21186631
We all got rich and left.

[Anonymous No.21186710]

>>21186631
It can pump as much as it wants to. It's obsolete anyway and just waits for getting flipped by LINK.

[Anonymous No.21186737]

>>21186697
Nobody leave the board

[Anonymous No.21186751]

STABLE COIN

[Anonymous No.21186765]

>>21186631
digital fools gold. I'm not a fucking boomer i dont stack real gold either, I want cash. That's why I'm a LINK maximalist. I stack LINK exclusively.

[Anonymous No.21186785]

>tfw you used bitcoin to buy drugs when it was still ~$140 instead of holding

[Anonymous No.21186802]

>>21186710
Bitcoin will pump tomorrow and link and other altcoins like xtz will take a huge shit, litteraly what happened 2 weeks ago.

Bitcoin doesn't move much during the weekends now so whales pump shitcoins during the weekends, enjoy the show. Btc to 16-18k by october

[Anonymous No.21186971]

>>21186802
Bitcoin pumps as money flows from shitcoins into it and shitcoins dump, then bitcoin crabs and shitcoins pump. The dominance of btc always increases as shitcoin dominance decreases. Shitcoins are all about riding the wave and getting out at the top to increase your btc stack, the only crypto that matters

[Anonymous No.21187094]

>>21186631
For the people FOMOing into link, I'd also recommend hedging a little by also putting some money into BTC and/or ETH. There's a good chance we're going to see a correct after this unprecedented surge, and if that happens, you're going to see a lot of weak hands dumping their link for BTC or ETH and pumping those up.

We saw this exact thing happen a month ago with link surged to 8.50, and then when it temporarily went down to 6.50, that was when BTC went to almost 12k and ETH to 400. So put some money in BTC/ETH now too, and then if Link temporarily dumps and BTC/ETH pumps, swing that over to Link after.

[Anonymous No.21187181]

>>21186971
the only crypto that matters is ETH. as btc maximalists will soon discover to their dismay. also BTC is not the real bitcoin. BCH is the real bitcoin.

[Anonymous No.21187285]

>>21187181
this

[Anonymous No.21187296]

>>21187094
thanks anon. just took a tenth of a coin of btc out of link because of this post. smart.

[Anonymous No.21187377]

>>21187181
Bitcoins can do smart contracts and everything, no need for all the other shit. Satoshi was a genius, he made btc the solution for everything. All other crypto’s are scams, there is no need for anything but btc.

[Anonymous No.21187414]

>>21187094
How much should ETH be in my portfolio in general?

[Anonymous No.21187597]

>>21187296
No prob. I can't guarantee that's how this will play out, but like I said, I think it's a good hedge while still loading up on link.

>>21187414
I'm not smart or qualified to make an assessment like that, unfortunately. Every small move I make in the market is racked with doubt and uncertainty. I think longterm BTC/ETH/LINK are all solid bets, but I can't say how much someone should put into each.

[Anonymous No.21187658]

>>21186785
>TFW literally mined bitcoin with my raden 4850 and got 16.67 bitcoins in an evening

[Anonymous No.21187691]

>>21186631
Link is replacing bitcoin.

[Anonymous No.21187692]

>>21187658
And forgot about them and trashed the hard drive 8years later

[Anonymous No.21187726]

>>21187414
0. Buy ZEC and BTC instead. ETH shouldn't cost a lot of money on principle.

[Anonymous No.21187763]

>>21187658
Same, anon, same. When I put together my first desktop during college one of the first things I did was use my 7850 to mine buttcorns for shits and giggles. Had no idea it'd go to where we are now.

[Anonymous No.21187771]

>>21187181
>BCH is the real bitcoin.
this, but miners decide what's """real"""
without miner support someone can pay off a bitcoin miner to completely wreck BCH with a 51% attack
until there's 20x as much hash rate we'll always be second place

[Anonymous No.21187819]

Alright /biz/ I'm installing metamask on my phone and I already have a paper wallet for btc.
Should I buy LINK or BTC?

[Anonymous No.21187842]

>>21186631
because maxipads are unbearable boomers cucks, unironically centralized blockstream piece of shit I hope it slowly bleeds and dies

[Anonymous No.21187895]

I always hold about 50% BTC and 50% alts. If my alt position gets too big I take some profits into BTC and if my alt position drops a lot its a good trigger for me to buy more. So far its worked out really good, and don't have to worry about alt / btc pumps.

[Anonymous No.21187951]

So many shitcoins have come and gone. All had their time in the sun, well not all. There will be 1000s more to come.

[Anonymous No.21188020]

>>21187181

>BCH is the real bitcoin.

False, Bitcoin is called BTC, even a retard knows that

[Anonymous No.21188030]

>>21187181
BCH is a chink scam made by antminer to keep going with asic boost exploit
BCH is inherently unsafe by just looking at the hashrate
btw I like ETH, they are really pioneers, but ETH monetary policy is complete bullshit, 72M premine, inflation, wtf is this, it’s literally fiat 2.0
LN is improving a lot lately, RGB will be out in few years with a better and most importantly way way more safe than solidity shitcontracts
The only way I see ETH, link and defi is just a pioneering testnet
Only BTC is sound money, don’t be stupid

[Anonymous No.21188152]

>>21188030

>but ETH monetary policy is complete bullshit, 72M premine, inflation, wtf is this, it’s literally fiat 2.0

Dont forget the centralized rollback after the hack that split off ethereum classic from ethereum.

[Anonymous No.21188181]

>>21187771
I agree with this. It makes me angry that those blockstream pieces of shit ruined bitcoin for short term personal gain. But even though BCH is the direction bitcoin should've gone, it ultimately doesn't matter. The blockstream coup was successful and ultimately the value goes where the miners go.

[Anonymous No.21188209]

>>21187819
link

[Anonymous No.21188230]

https://youtu.be/pyMdkravg6o

>biz

[Anonymous No.21188261]

>>21188181
>The blockstream coup was successful and ultimately the value goes where the miners go.
that does suck
btw what are your thoughts on the upcoming BCH fork?

[Anonymous No.21188320]

>>21188181
blockstream cannot change the monetary policy, they can all die now and btc would not be affected at all
regarding block size limit, I’m also in favor of keeping it small, I only run full nodes to transact, I don’t trust anyone
second layer is coming to ETH as well cause scaling on L1 is just stupid in the long term, you only end up with so much worthless trash data that have to be stored in a redundant way

[Anonymous No.21188418]

>>21188181

Youre wrong. Unlimited higher blocksize is simply unsustainable.
If anything, blocksize should be smaller. Daily fucking reminder bitcoin is NOT for poor people. Cant afford fees? Go offchain with LN, or, more likely in the future, get an account at an LN powered Bitcoin bank - just like described in Satoshis whitepaper

[Anonymous No.21188448]

>>21186697
Remember ur here forever

[Anonymous No.21188469]

>>21188320

>scaling on L1 is just stupid in the long term, you only end up with so much worthless trash data that have to be stored in a redundant way

This so much

[Anonymous No.21188503]

>>21188261
Going off what I said before, I think it doesn't matter. BTC won, BCH lost. Forks and forks of forks and forks of forks of forks of the losing side don't matter. It's like when you go to niche political forums and see retards arguing about which flavor of "anarcho-primitivism with chinese characteristics" is the best one. It's just masturbation at that point.

>>21188320
They can't change monetary policy, but they can sandbag development and kneecap bitcoin in order to make profits off their proprietary bullshit

[Anonymous No.21188536]

>>21188503
>they can sandbag development
how? Everybody can code
Dozens of people working on RGB as we speak

[Anonymous No.21188628]

>>21186971
>The dominance of btc always increases as shitcoin dominance decreases.
You might want to take a look at a BTC dominance chart. It's not 2016 any more. BTC dominance is dropping and that is only going to accelerate.

[Anonymous No.21188684]

>>21187377
no it can't

[Anonymous No.21188772]

>>21186631

[Anonymous No.21188797]

>>21188628
storing your networth in “erc20 p&d shitcoin of the week” is not sustainable in the long term, so at some point you will realize profits either in usd either in sats

[Anonymous No.21188846]

>>21188684
it will, on L2, with a better and safer architecture, search RGB