/biz/ - Business & Finance

[Anonymous No.4775456]

>bitcoin is a bubble, they said
>everyone will dump it after it hits $10k, they said
You sure have bought some bitcoin at this point already, haven't you?

[Anonymous No.4775457]

Remeber, buy high, sell low, that's the trick.

[Anonymous No.4775458]

>>4775457
>hits 1k
it's too high, I'll wait for it to crash
>hits 2k
it's too high, I'll wait for it to crash
>hits 4k
it's too high, I'll wait for it to crash
>hits 6k
it's too high, I'll wait for it to crash
>hits 8k
it's too high, I'll wait for it to crash
>hits 10k
it's too high, I'll wait for it to crash
>hits 100k, people who bought in december 2017 are now driving lambos
IT'S ABOUT TO CRASH, THEN I'LL BUY

[Anonymous No.4775459]

>>4775456
>hurr durr the bubble hasnt popped in the last 7 days that means it wont

[Anonymous No.4775460]

>>4775456
In still trying to sell off the baseball cards I bought back in the 80's.

Back then they said "Buy baseball cards you can not go wrong"

[Anonymous No.4775461]

>>4775458
>hits 1k
>it's too high, I'll wait for it to crash
if only you had done that anon, if only

[Anonymous No.4775462]

>>4775458
I've lost the train, not going to buy now. Shit happens. Btw if you buy a lambo with the money you are a complete idiot.

[Anonymous No.4775463]

>>4775456
cash is king, why do you shill these threads on /pol/ if you truly ever pulled one cent from this shit scam protip you never did fuck off (((coiner))) merchant this is a gold and silver board

[Anonymous No.4775464]

https://www.youtube.com/watch?time_continue=617&v=v1_gxvx_QGo

>9:30
>starts talking about shitwit and the media's attempt to slander him
>says tax people have been jailed
>continues and says the people who've lied are gunna get it real soon
>tell me he didn't name the jew
>its happening

[Anonymous No.4775465]

>>4775456
>new Mel Gibson movie
the exchanges will keep the price high no matter what, that how they keep the sheep in the scam.

[Anonymous No.4775466]

>>4775465
that worked out so well with mtgox's willy bot
works every time

[Anonymous No.4775467]

>>4775463
Gold hasn't been legitimate since the market was flooded from the gold found in mesoamerica

Nixon admin found only 5% of the total supposed gold reserves.

>pic unrelated and very stupid

[Anonymous No.4775468]

>inb4 MUH TULIPS

[Anonymous No.4775469]

>>4775456
This is gonna be shorted into the ground when institutional investors get their derivatives up and running on the 18th.

[Anonymous No.4775470]

>>4775456
I’ve bought about $80. I now have about $230-290. It’s just fun watching the numbers change.

[Anonymous No.4775471]

>>4775456
Pop, goes the weasel.

[Anonymous No.4775472]

>>4775456
What’s the next best if the heebs tank bitcoin? Litecoin is at $100; might be a good’n

[Anonymous No.4775473]

>>4775456
chair dance of the greater fools

[Anonymous No.4775474]

>>4775456
>thinking its not a bubble
you think bitcoin will just continue to skyrocket forever? it will never devalue? are you retarded or just dumb?

[Anonymous No.4775475]

>please buy bitcoin i just got in at 10k
No thanks, I missed the boat and hopping on now is an absurd amount of risk.

I would rather go to a casino or buy lotto tickets, because at least if I gamble that way the procedes go to state schools.

[Anonymous No.4775476]

>>4775459
True, but that's the case for everything. You've probably known about bitcoin for years, if you had just put 5-10$ in it from each pay check, you would have thousands now. That's barely any loss, its the price of a small mcdonalds meal once a week for fucks sake. Even if just dropped to fucking zero for some reason, you'd still would have only been out that small amount of money, but what you would have gotten in return would be fucking huge.

There's literally no reason not to invest like this.

[Anonymous No.4775477]

>>4775474
It might well hit 1M before it crashes.

[Anonymous No.4775478]

>>4775477
We’ll see

[Anonymous No.4775479]

>>4775477
It won't hit 1 million. There are what, 14-15million bitcoins in existence?

That would be ~15,000,000,000,000 dollars, and there is only ~60,000,000,000,000 dollars in existence...

It would need to be adopted by multiple wealthy countries

[Anonymous No.4775480]

>>4775479
kek, it's true. Actually there wouldn't be enough money in the entire world to buy bitcoins at 1M.

So I guess it's close to the peak now, one way or the other. Still, it might go up by a factor of 2 or more before it crashes.

[Anonymous No.4775481]

>>4775456

Yes, a commodity that produces nothing and whose value is entirely dependent on there always being a greater fool to buy it at the next inflated price will definitely go on rising like that forever, OP.

[Anonymous No.4775482]

>>4775456
> tfw you missed the train

[Anonymous No.4775483]

>>4775481
it's the most revolutionary technology of the 21st century

[Anonymous No.4775484]

>>4775479
Have you heard of other currencies aka people outside of the US?

[Anonymous No.4775485]

>>4775480
Well, there is a limit of something like 21-25 million BTC that can exist, and it won't be reached until after 2100, so I could see the price rising a bit, but I don't know about a million lol

[Anonymous No.4775486]

>>4775484
Are you stupid? lmao

[Anonymous No.4775487]

Remember all the wallet hacks, though?

[Anonymous No.4775488]

>>4775456
why aren't you showing the huge correction after 10k you shill

if there's any evidence that buttcoiners are worried, it's the recent flood of posts trying to get more people to buy in

[Anonymous No.4775489]

>>4775486
Are you? lmao

[Anonymous No.4775490]

Remember: A country has the Jews it deserves. Just as mosquitoes can thrive and settle only in swamps, likewise the former can only thrive in the swamps of our sins.
If your sin is greed, the jew will pounce on that. Bitcoin is greed.

[Anonymous No.4775491]

>>4775484
>people outside of the US?
There are people outside of the US?

[Anonymous No.4775492]

>>4775456
>buying memecoins
>ever
nope
i mined and got paid in them over the years but will never ever put fiat into it
and neither should (you)

[Anonymous No.4775493]

>>4775491
Can you believe it!

[Anonymous No.4775494]

Hit me with ur best big brain skeptic argument against bitcoin lads, I want to know

[Anonymous No.4775495]

>>4775488
here are some corrections

[Anonymous No.4775496]

>>4775456
STOP FALLING FOR THE MEME COIN! IT'S A FUCKING SCAM, I SWEAR!!

[Anonymous No.4775497]

>>4775490
>making money is greed
>operating in the stock market is greed
>investing in a new, promising technology is greed

[Anonymous No.4775498]

>>4775484
>>4775489
Dollars was just a metric of measurement, if you don't want to be called stupid, don't ask stupid questions, and yes there are stupid questions.

[Anonymous No.4775499]

Wait until the next financial crisis when they start doing wealth taxes, massive money printing, negative interest rates, bail ins, bail outs.

[Anonymous No.4775500]

>>4775491
yes
they are called non-burgers

[Anonymous No.4775501]

>>4775456
>>>/biz/

>>>/biz/

>>>/biz/

>>>/biz/

Take this off-topic autism to WHERE IT BELONGS YOU STUPID FUCKING FAGGOT

>>>/biz/

[Anonymous No.4775502]

>>4775494
i dont want to type it all out again but the long and short of it is this:
Bitcoin has no power behind it, no institutions that will adjust it and enforce its use like a state with a military. Thats why it wont survive the hurdles fiat money survives regularly.

[Anonymous No.4775503]

>>4775498
Wow. How dumb can you be. 4chans brightest.

[Anonymous No.4775504]

>>4775460
Fuck kek I fell for the trading card jew as well. Fucking BRETT FAVRE ROOKIE CARDS!

[Anonymous No.4775505]

>>4775501
>being this upset by a thread
>accusing others of autism

[Anonymous No.4775506]

>>4775456
Bought 10 bucks worth of Bitcoin today at 11.5000$ exchange rate
Feels good to become rich sleeping

[Anonymous No.4775507]

>>4775456
I bought $8 worth of bitcoin at the start and now I have over 1 billion USD worth but I am CHOOSING not to cash it in because with my IQ - one of the highest, I've checked - I was smart enough to know the value will continue to skyrocket. It is not that I can buy nothing with it, I'm just CHOOSING not to use it!

[Anonymous No.4775508]

Can you even turn this back into cash? Even if you buy $100 and it turns into $10,000, how do you get your money back?

[Anonymous No.4775509]

>>4775456
DON'T FUCKING USE COINBASE, THEY LOCK YOU OUT OF TRADING AND DELAY YOUR SHIT WHENEVER THERES MOVEMENT IN THE MARKET YOU CAN MAKE MONEY OFF OF, DO NOT USE COIN BASE. THEY ALSO COLLECT YOUR INFORMATION AND GIVE IT TO THE IRS.

[Anonymous No.4775510]

>bitcoin
>Not buying into tulips
Look at all these notulipers.

[Anonymous No.4775511]

>>4775457
dont use coinbase, they will lock you out of buying when it's low, and lock you out of selling when it's high.

[Anonymous No.4775512]

>>4775506
you will be a billionaire, good job.

[Anonymous No.4775513]

>>4775508
I think coinbase let's you cash 10k out a day

[Anonymous No.4775514]

>>4775456
>>4775458
The worst part is that this was my mindset since the beggining.

A friend of mine brought 500 bucks of this less than a year ago and that is now worth 35.000.

Fuck me. Now I do want this thing to crash so I can buy cheaper...

[Anonymous No.4775515]

>>4775506
>@11.5 k exchang e rate
kek say byebye to your money

[Anonymous No.4775516]

>>4775510
Jokes on you I just cashed out with 365% profit since Nov 8

[Anonymous No.4775517]

>>4775508
You sell it to other people at the exchange, liquidity and volume are high these days

[Anonymous No.4775518]

>>4775513
How do you get cash though? Is it linked to a regular bank account? Do they literally mail you cash?

[Anonymous No.4775519]

>>4775456
>>>/biz/

But even oven there, there's no discussion, it's been overtaken by cryptokiddies.

[Anonymous No.4775520]

>>4775456
of course. only no-coiners are salty :p

[Anonymous No.4775521]

>>4775518
Yeah it's linked to your bank account. You just buy in at jewbase and then transfer the BTC to an exchange like bittrex to play with it.

[Anonymous No.4775522]

>>4775500
>t. von hamburg

[Anonymous No.4775523]

most bitcoin users are not even born yet

[Anonymous No.4775524]

thats the shit guys youll need

https://coinmarketcap.com/currencies/digibyte/

prepare your anusses btc anons this wheel will roll over your asses

[Anonymous No.4775525]

I don't trust any commodity that a) touts itself as a currency, b) the majority of its wallets are owned by third-world poorfags (see: /biz/ beggar threads, and the fact the majority of wallets have < 1 BTC), and c) isn't backed by the state and therefore a military power.

[Anonymous No.4775526]

>>4775524

[Anonymous No.4775527]

>>4775497
btc as a currency is absolutely useless by now
it was intended as a fast, cheap and anonymous way to send money
it is no longer fast as confirmations can take up to multiple hours
its no longer cheap due to the increased difficulty and shortage of miners (e.g. i send around 13 btc from a online to a offline wallet recently and paid a whopping 0.5 btc for this, thats over 5k)
its no longer anonymous as every transaction can be backtracked to its origin, unless you are willing to hop through multiple exchanges which is a pain in the ass and damn expensive
the only thing driving the price by now is the demand exceeding the supply which is indeed nothing but text-book greed

[Anonymous No.4775528]

>>4775457
it has never been low

that said, still dropping 200$ on it a month

[Anonymous No.4775529]

>>4775527
>its no longer anonymous as every transaction can be backtracked to its origin, unless you are willing to hop through multiple exchanges which is a pain in the ass and damn expensive
Sauce on tht?
My only concern is not getting prosecuted by our IRS.

[Anonymous No.4775530]

>>4775488
>more people buy in
>problem solved
why are you mad then?

[Anonymous No.4775531]

>>4775476
>$5-$10 is a small McDonald's meal
Jesus fuck, you glutton.

[Anonymous No.4775532]

>>4775456
I dumped my bitcoin, at least I'll never have to worry about money again

[Anonymous No.4775533]

The blockchain split is what gave it away as being a fraud. I hope you Anons make some cash out of it, but buying it now seems to me like playing Russian roulette.

[Anonymous No.4775534]

>>4775526
>Doge
>established
always gets me

>>4775529
every 12 y/o knowing your address can lookup your ledger
its why stuff like Dash/former Dark and Monero came up

[Anonymous No.4775535]

>this kills the shills

[Anonymous No.4775536]

>>4775527
>demand exceeding the supply which is indeed nothing but text-book greed
Not realizing that the non-violent revolution that will topple the state, central banks, end war, end world hunger is hypercompetative free-market capitalist cryptocurrencies.

[Anonymous No.4775537]

>>4775527
It was never anonymous.
Every bit of data was tracked at every router.
The difference was the governments believed bitcoin to be useless. Now that it is actually worth a noticeable value, they are taking interest in it.

"Anonymously" is just a fancy word for, less likely to be called out on your bullshit. Not entirely not getting called out on your bullshit.

[Anonymous No.4775538]

>>4775456
It will pop in around 20k. Fall down to 4k and after that slowly go even lower to around 400$. Trust me, I'm from future.

[Anonymous No.4775539]

>>4775534
>every 12 y/o knowing your address can lookup your ledger
Can you elaborate? I don't know what you are talking about

[Anonymous No.4775540]

Bitcoin hasnt seen a recession yet. Thats going to be the real test of its price

[Anonymous No.4775541]

>>4775456

.24 am I kawaii? adding about .025 a fortnight depending on how fast it goes up

[Anonymous No.4775542]

Does anyone actually even use bitcoin as currency?

[Anonymous No.4775543]

>>4775542
people buying drugs

[Anonymous No.4775544]

>>4775531
What year are you living in? You don't actually buy the cheap mystery-meat bpa-laced (*literal*) gym-mat material buns regular cheesburgers, do you?

[Anonymous No.4775545]

>>4775542
Bitcoin turned itself into a crypto store of value.
Bitcoin Cash forked off and actually get's used as a currency with lower fees.

[Anonymous No.4775546]

>>4775538
If it happens I will blow you (no kiddings).

[Anonymous No.4775547]

>>4775474

> he doesn't think people want to avoid taxes and fuck the jews

[Anonymous No.4775548]

>>4775456
i tried to sell but they are not buying. what do now?? i am stuck

[Anonymous No.4775549]

>>4775467
Not entirely though. If you theoretically did this and put all the funds in a brain wallet, there would be nothing they could do to get it back from you. You would without a fucking doubt go to prison though.

[Anonymous No.4775550]

>>4775543
Monero is arguably better for that purpose. I swear I'm holding xmr.

[Anonymous No.4775551]

>>4775511
Oops, who should you use?

[Anonymous No.4775552]

>>4775501

> go to biz
> get told to go back to pol

[Anonymous No.4775553]

>>4775511
Really? I got my LTC from them when it was about 40 bucks or so and I just cashed out yesterday

[Anonymous No.4775554]

>>4775537
of course the blockchain is public domain
the idea was to give people some sense of anonymity with ass-long wallet address to share with strangers but the moment you let the world know this address the anonymity is no more
its a false sense of privacy

>>4775539
see above

[Anonymous No.4775555]

>>4775540
Where were you in 2014?

[Anonymous No.4775556]

>>4775554
>don't store the bitcoins locally
problem solved

[Anonymous No.4775557]

>>4775535
>tfw above average

[Anonymous No.4775558]

>>4775555
I think he means in markets that aren't crypto.

I'm very curious to see as well, when the DOW and other stocks begin a downtrend and the general economy take s downturn, how will crypto perform?

[Anonymous No.4775559]

>>4775462
t. no lamboer

[Anonymous No.4775560]

>>4775456
Normal, healthy price development.
Nothing to see here.

[Anonymous No.4775598]

Greetings from /pol/!

[Anonymous No.4775645]

I hate you, fuckers. I fucking hate you.
Why I did not buy this fucking bitcoin!!??

[Anonymous No.4775657]

>>4775524
>>4775526
enlighten me anon
why do you thing a 3 y/o alt is going to take off suddenly?
because the creators are pushing it? just like any recent ICO?
i am currently resurrecting one of my old scrypt miners for cryptonight, for shits and giggles as usual of course, so i am open for ideas what to mine

>>4775556
this makes it even easier as every exchange knows all your generated address
if you use a offline wallet all the addresses i generate are only known by whoever i share them with
frankly i wouldn't be surprised if the IRS is already connected to GDAX and Coinbase and tracks peoples wallets for "scientific reasons"

[Anonymous No.4775659]

>>4775558
DOW, stocks and currency pairs aren't going to do shit to cryptos you pancake. They're on a market of it's own.

[Anonymous No.4775689]

>>4775659
So you think global recession will have no effect on bitcoin? Cryptos just exist in a fucking vacuum do they? You're full on retarded.

[Anonymous No.4775702]

>>4775659
they are all connected by one thing
fiat

[Anonymous No.4775713]

>>4775689
As long as crypto is spent and regulated in a vacuum, then yes it is.

[Anonymous No.4775726]

>>4775459
by that logic, everything is a bubble

[Anonymous No.4775746]

>>4775726
thats because it is

[Anonymous No.4775760]

>>4775458
>>hits 100k, people who bought in december 2017 are now driving lambos

explain the logic behind this please.

[Anonymous No.4775781]

>>4775456
BTC is undefeatable, drops mean nothing.
It's absolutely absurd you can tell it wants to drop but nobody lets it.

[Anonymous No.4775803]

If anyone can send any amount please send me some. Really tired of seeing so many 0's in my wallet.

12wBEvfgiqNyLqeAfEh4BYbECEfXTDdA66

[Anonymous No.4775805]

>>4775713
>in a vacuum
>converted to Fiat to purchase
>any purchases made in crypto are valuated based on fiat currency
>in a vacuum

Fucking retard

[Anonymous No.4775832]

>>4775549
but what if EVERYONE decided to do this, then what jewfags?

[Anonymous No.4775839]

>>4775713
It interacts with literally every market in existence. It isn't not in a vacuum in the slightest. The question of how it performs in a recession is valid.

[Anonymous No.4775942]

>>4775839
>It interacts with literally every market in existence
>GBP took a massive drop today after brexit irish border news
>BTC was unaffected

/biz/ these days

[Anonymous No.4775991]

>>4775460
Baseball cards don't allow you to tell globalist kikes to fuck themselves with a roll of $100s

[Anonymous No.4776025]

>>4775490
and greed is on full gear now. What do we do when others are greedy?

[Anonymous No.4776029]

>>4775991
>tell globalist kikes to fuck themselves
>transfer fees
>exchange deposit fees
>exchange withdrawal fees
>buy transaction fees
>sell transaction fees
I kid you not, it's cheaper to move money abroad using transferwise than with bitcoin

[Anonymous No.4776036]

yeah I bought some when it hit 10k

[Anonymous No.4776043]

>>4775942
like anybody outside of the UK currently gives a flying fucking muffin about the british pound

[Anonymous No.4776052]

>>4775942
>GBP vs USD has been on a bull run all year
kay

A trend isn't one day of trading.

[Anonymous No.4776059]

>>4775991
why do you dislike globalism?

[Anonymous No.4776127]

>>4776059
>(((globalism)))

[Anonymous No.4776142]

>>4776029
You left out the hassles you have to go through to withdraw your money.

[Anonymous No.4776166]

>>4775545
>Bitcoin Cash forked off and actually get's used as a currency with lower fees.

citation needed rofl. No one fucking uses BCash

[Anonymous No.4776182]

>>4776052
And Apple has been bullish since July last year as well, does Apple affect BTC?

That's all i'm trying to say.

[Anonymous No.4776245]

>>4775498
>Being backed by the people is less important than being backed by kike wealth

Do you know why nationalism is on the rise?

[Anonymous No.4776324]

>>4775494
i just feel like its too slow

[Anonymous No.4776325]

>>4776166
With the eth cat clogging mess bch is the best option to move money around exchanges. It's crazy how some people prefer paying less for faster transactions.

[Anonymous No.4776329]

>>4775536
Shut the fuck up you snowflake faggot

[Anonymous No.4776466]

>>4775803
Friend, let me tell you about a little site called freebitco.in

They will give you more BTC than anyone on this site ever will

[Anonymous No.4776475]

Should I be holding usd?

https://www.bloomberg.com/news/articles/2017-12-04/the-next-big-short-hedge-funds-prepare-to-trade-against-bitcoin?cmpid=socialflow-facebook-business&utm_content=business&utm_campaign=socialflow-organic&utm_source=facebook&utm_medium=social

[Anonymous No.4776748]

>>4776475
So this is what is going to happen: those wall st cocksuckers short the shit out of bitcoin thinking they'll be able to muscle through everything like always. Whales (and probably foreign powers interested in an opportunity to wage economic warfare on those retards) start printing tether nonstop and short squeeze the shit out of then.
Then, and only then, BTC crashes.

[Anonymous No.4776816]

>>4775533
Well, Russian Roulette isn't that bad when the stakes are low and you have very little to lose

[Anonymous No.4777161]

>>4775535
>each address is one person

[Anonymous No.4777540]

>>4775726
It is anon

[Anonymous No.4778316]

>>4775458
>pushing FOMO to make more bagholders

[Anonymous No.4778386]

>>4775535
>Mfw at 0.05

EX GAINZ

[Anonymous No.4778710]

>>4775552
kek

[Anonymous No.4778813]

>>4776029
>Bitcoin is the only crypto

Fucking kill yourself faggot

[Anonymous No.4778823]

Bitcoin will crash when the tether scam is busted.