/biz/ - Business & Finance

[Anonymous No.25186196]

It's about to hit $26,000. Pretty insane.

[Anonymous No.25186215]

Wake me up at $90k

[Anonymous No.25186238]

>>25186196
how are people not scared to buy at this price point

[Anonymous No.25186272]

>>25186238
Only one of two answers to this, its either retail getting back in or investors going incredibly hard. I think its investors for what its worth, lots of bigger names in crypto have been talking about it since yesterday.

[Anonymous No.25186296]

>>25186238
because usd is INFLATED.

It's not as much bitcoin going up than USD going down

[Anonymous No.25186330]

>>25186296
Inflation is at like 2%, modern technology drives deflation like crazy

[Anonymous No.25186424]

because it's going to 1 million within the next 10 years and i'm here for the long term

[Anonymous No.25186444]

>>25186424
Me too

t. Bought in 2013

[Anonymous No.25186445]

>>25186330
we have 35% inflation since March
you don't even know what inflation is

[Anonymous No.25186478]

>>25186238
Because its going to 100k
easiest x4 of your life.

[Anonymous No.25186494]

>>25186445
lol, nice b8

[Anonymous No.25186498]

>>25186445
asset inflation isnt classic inflation and doesn't have the same implications

[Anonymous No.25186501]

>>25186238
People are not buying it, institutions are.
Only based people are buying, like Saylor for example.

[Anonymous No.25186507]

>>25186424
Based
https://m.youtube.com/watch?v=mk5s2KUgxqY

[Anonymous No.25186514]

>>25186444
Checked

Bitcoiner since 2014 here

[Anonymous No.25186528]

>>25186501
I think retail is currently driving this pump. Busting ATH like we have been doesn't make sense if its simply investors in my opinion.

[Anonymous No.25186559]

>>25186196
It's a new paradigm, and everybody who doesn't buy, now, will be priced out forever. Anybody who does buy will be rewarded with a lifetime of riches, as their bitcoin will continue its 30% monthly price increase.

Nocoiners, and anybody born in a future generation, will not be able to afford a $10,000,000 satoshi in 15 years. They will live in tent cities, and Hondas.

This asset bubble is different than all of the others - it will never slow down, or pop. The gains are permanent.

[Anonymous No.25186571]

>>25186494

[Anonymous No.25186590]

>>25186559
Delusional

[Anonymous No.25186592]

>>25186528
Multiple firms are investing hundreds of millions into BTC. In 2017 the brainlet kids in my class and my grandma we're talking about it. This is unironic institutional fomo

[Anonymous No.25186615]

Probably going to sell this year. How do I evade capital gains taxes in Canada?

[Anonymous No.25186631]

>>25186592
yup this is institutional fomo and it can take btc over $1 million without breaking a sweat

[Anonymous No.25186635]

More like about to form double top

[Anonymous No.25186648]

>>25186559
>It's a new paradigm

[Anonymous No.25186654]

>>25186559
truth

[Anonymous No.25186659]

>>25186196
oldfags will start feeling it's insane if it'll be about to be hittin 1m, unironically. anything else and you're unfazed after watching a few bullruns. if it only hits 1m in the next bullrun by 2025 then it'll be completely unfazing as well

[Anonymous No.25186665]

>>25186501
>institutions are not people

[Anonymous No.25186686]

>>25186559

"New paradigm"

aka just before the peak

[Anonymous No.25186723]

>>25186238
people with money who don't wanna lose it. BTC can only appreciate.

[Anonymous No.25186734]

>>25186665
>a computer is just 1s and 0s
>a bee hive is just bees
>a spaceship is just metal

[Anonymous No.25186744]

>>25186615
Better to pay the taxes than to worry about getting your life fucked up years down the road (if they find out)

[Anonymous No.25186782]

>>25186734
computers are like porn stars made of silicone.

[Anonymous No.25186793]

>>25186615
Don’t sell, exchange it for gold. Canadian Dollars are basically monopoly money at this point

[Anonymous No.25186813]

>>25186501
Institutions buy it for people.

[Anonymous No.25186819]

>>25186659
>a 200k increase in BTC per year for 5 years straight is unfazing

[Anonymous No.25186829]

>>25186793
Uh won’t the gold sellers report me if I buy 200k worth of gold?

[Anonymous No.25186837]

>>25186734
If you write in a certain pattern you can create a schematic for a spaceship

[Anonymous No.25186855]

>>25186793
So is the Euro.

[Anonymous No.25186865]

>>25186819
500% per year is literally nothing compared to what this shit has been doing for over a decade.

[Anonymous No.25186894]

>>25186819
i said that if it goes to 1m from 20k in one cycle that WILL be insane.
we don't know where the top of the current cycle is. if it tops out at 180k now and over 1m in the next one then it's just business as usual.

[Anonymous No.25186911]

>>25186238
Because most buyer's conservative price estimation is 100k

[Anonymous No.25186965]

>>25186445
>whole economy is tanking
>we will magically see inflation
It’s like you are born yesterday.

[Anonymous No.25187003]

>>25186965
the economy is tanking, but the amount of money circulating in it is mooning

[Anonymous No.25187009]

>>25186196
Pretty normal

[Anonymous No.25187010]

>>25186514
>14
Kek be with you

[Anonymous No.25187017]

>>25186782
Robot titty implants when

[Anonymous No.25187020]

>>25186965
the economy is tanking, but the amount of fiat money circulating in it is mooning

[Anonymous No.25187050]

>>25186196
by the end of this bull run we are going to have 10k up moves in a day.
nocoiners are going to unironically kys

[Anonymous No.25187087]

>>25186238
take a look at this 2017 chart. After that daily candle, it went on to pump another 50%.

Yes it eventually dumped but it dumped to around where the chart shows (around 1.8k-1.9k) and that's with China FUD and terrible exchanges. Also linear scale helps show how fast the moves can seem. The next couple years are about to get bonkers

[Anonymous No.25187237]

>>25186330
Glad to see only one retard took up this bait.
Proud of you /biz/

[Anonymous No.25187353]

it's possible lads!

[Anonymous No.25187359]

>>25186829
Buy from different gold sellers

[Anonymous No.25187368]

How high will it go before the inevitable drop down to 20k?

[Anonymous No.25187387]

>>25186196
Now the remaining $ 25k is GBP 20k

[Anonymous No.25187400]

>>25187353
Congrats fren!!!!

[Anonymous No.25187414]

>>25187237
>>25186571

https://atom.singularity2050.com/3-technological-disruption-is-pervasive-and-deepening.html

[Anonymous No.25187417]

>>25187368
I'm not trying to be a moonboy but I don't think we're going to see that kind of a correction anytime soon, January is an amazing month for Crypto historically so I think this "next leg up" bull market continues for a bit before the first real pullback/

[Anonymous No.25187420]

>>25186196
Told myself two weeks ago I'd start getting fomo at 27k and that was going to be the top.
I was wrong. Started getting fomo at $26,300.
If this thing doesn't crater pretty hard after hitting 27k, I guess I'm going back to the drawing board.

[Anonymous No.25187460]

>>25187420
I came into crypto in July with $10k, sitting on $120k now and really not sure what to do at this point. I don't think I'll make it in BTC alone, I probably need to time some alt coins properly or tether up before an epic pullback.

[Anonymous No.25187504]

>>25187368
Not sure at this point. I have a feeling its going to hit 30k and do a 30% correction. So 21k might be the lowest.

[Anonymous No.25187529]

>>25186330
That hilarious if you think the Fed is going to hit its inflation target. We are going the way of Japan. Infinite brrrrrr and deflation

[Anonymous No.25187559]

>>25187460
Nice. I barely got into crypto this November. I got fuck lucky with Grt at 11c made 28k. Doesn't even feel real still.

[Anonymous No.25187564]

>>25186330
inflation is 15% because the CPI does not take into account utilities, food, assets. The CPI is a scam index for peasants.

[Anonymous No.25187604]

>>25186330
>>25186330
inflation is 15% because the CPI does not take into account utilities, food, assets. The CPI is a scam index for peasants.

[Anonymous No.25187632]

>>25187353
You made it

[Anonymous No.25187689]

>>25187460
Buy more BTC. Buy the top.
t. giver of bad advice.

[Anonymous No.25187709]

>>25187353
Congrats bro!!!

[Anonymous No.25187714]

[Anonymous No.25187751]

>>25187714
some people still don't get it. insane

[Anonymous No.25187776]

>>25187751
Admittedly I'm a smoothbrain in regards to that chart, what does it imply?

[Anonymous No.25187853]

>>25187776
canadian in-store prices

[Anonymous No.25187858]

>>25187751
These gains are possible only because a lot of people are too distracted to read it and know the implications of it.
You still have people like this >>25186238
thinking the actual heavy buyers who are accumulating at these prices don’t know what they’re doing.

[Anonymous No.25187872]

>>25187417
january was the 2018 mega dump

[Anonymous No.25187921]

>>25187776
well if you take it at face value, bitcoin should basically at least 2x by now because of straight printing

if you know the arcane economics equations bitcoin should be something like e^3.5 times its value because of velocity of money. Its all very complicated and there are a lot of caveats, especially considering BTC/USD isn't the only fiat pair.

Overall, btc up.

[Anonymous No.25188007]

>>25187872
>>25187921
Thanks for hand feeding your resident retard, I appreciate it.

[Anonymous No.25188108]

>>25187714
That's just as dumb as all the Millenials being spoon fed in school that you can put 6% in stocks your entire life and you'll end up a millionaire!! They leave out the part that it's over your entire life until 65 if you work straight from highschool, tax laws don't change socialism doesn't fuck everything up, oh yeah and you can only take how much we let you take out, ON TOP of if you even live healthy enough to make it to 65.

[Anonymous No.25188134]

>>25187353
I’m jelly. Also post proofs.

[Anonymous No.25188162]

All of the old currencies are going up though. BTC, LTC, XMR. Freaking clown world. Is it really idiot boomers investing with firms not at all knowing that the technology is shit? Bitcoin was overpriced at 1k. Shit, pure shit technology.

[Anonymous No.25188206]

>>25186296
no it hasn't you fucking retard

[Anonymous No.25188238]

>>25188206
They don't include real estate in inflation but just look around you. Homes doubling in price in less than 4 years.

[Anonymous No.25188243]

>>25186559
Incredibly bearish post

[Anonymous No.25188247]

$100k EOY

[Anonymous No.25188249]

>>25186196
A clone of Base Protocol whose price is pegged to the total value locked in DeFi at a ratio of 1 : 100 Billion. It allows traders to speculate on the entire Total Value Locked (TVL) of DeFi
>Discord: sZgRHBMH

[Anonymous No.25188262]

>>25187353
Congratulations!!

[Anonymous No.25188285]

>>25188238
That's not due to inflation.

[Anonymous No.25188288]

S-someone has to stop it.

Who's going to stop it?

[Anonymous No.25188290]

>>25188162
this faggot doesn't get that institutions will not invest in shit defi tokens just as it happened with angel investor on the 2017 ICO craze.

[Anonymous No.25188301]

>>25188249
Remember to report bot solicitors fellow anons.

[Anonymous No.25188409]

>>25186238
FOMOing in right now.

[Anonymous No.25188445]

>>25188409
FOMO hasn't even happened yet anon, its pretty obvious investors/retail are pushing this market right now to establish a position.

[Anonymous No.25188452]

>>25187460
diversify

[Anonymous No.25188486]

>>25188162
XMR is good

[Anonymous No.25188502]

>>25188452
Yeah but into what is the question, I don't know whats going to happen when BTC corrects. Maybe alts get completely obliterated, maybe they just correct a bit, its hard to say. This is uncharted territory for BTC.

[Anonymous No.25188554]

>>25188288
no one :^)

[Anonymous No.25188604]

>>25186238
And that's how altseason starts. Buying shitcoins for quick gains because bitcoin feels unreachable. I'm putting my money on bnb, hope it plays out.

[Anonymous No.25188636]

>>25188502
im 50:50 btc:xmr myself. i also own gold
make no mistake, at some point it WILL correct. question is when, will it do another 5x from this point and go above 50k or 100k or not.

[Anonymous No.25188712]

>>25188636
I own a lot of physical silver, both bullion/coins and bulk sterling I bought with my brother at garage sales over the last decade, probably around 150~lbs. I will probably convert 20% of my folio into XMR soon, thats a really solid play actually. Thanks fren.

[Anonymous No.25188824]

>>25188712
consider selling some of your btc at benchmarks depending on your risk tolerance, like if it hits 30k you sell 10%, if it hits 35k you sell another 15% etc. you don't want to be the bagholder after it corrects down and takes another 4 years to move again. those are just example numbers though, you have to figure out when to start exiting your position yourself. people make the mistake of being the last person left at the party

also if you do buy xmr be aware that the price will probably crash in the short term as countries ban it. monero getting banned will be a coming of age hazing for the coin / the over privacy coins too

[Anonymous No.25188864]

>>25188288
If Mt Gox and tether fud can't do it, nobody can.

[Anonymous No.25188917]

>>25186238
It's going to be $100,000 in a year if nothing changes with USA, Canada, EU, China and the UK. And it doesn't look like anything is about to change.

[Anonymous No.25188937]

>>25188824
I appreciate the advice, admittedly I'm a novice trader and definitely need to focus on profit points, I've been doing autistic levels of research on alts I'm hoping to establish meaningful positions on for when BTC corrects and we have some cash flow enter those markets.

[Anonymous No.25188951]

>>25188917
especially since the USA is outright giving people money that they are putting into stores of value like bitcoin

[Anonymous No.25188953]

>>25187087
based chart thief.

[Anonymous No.25189008]

>>25186196
27k incoing

[Anonymous No.25189027]

>>25187020
its like an onions article

[Anonymous No.25189065]

>>25189008
Pretty unbelievable from my perspective. I bought $5000 worth of BTC in 2012 (I don't even remember how many this was) for use on the dark web and could have never imagined it would be like this.