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/biz/ - Business & Finance


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4873125 No.4873125 [Reply] [Original]

AHAHAHAHA
ITS STARTING
OUR PRAYING WORKED

PRAY IN THIS THREAD TO GOD THAT BTC FALLS!!!!

SHOO SHOO GO AWAY SHOO

>> No.4873503

>>4873125
>tfw put $300 in for shits and giggles an hour ago for my birthday
>already losing money

kek this is fun

>> No.4873709

>>4873125
SHOOO AWAY WITH YOU BTC GO GO AWAY

>> No.4873764

I thank the lord for the coming crash, god bless

>> No.4873800
File: 203 KB, 1080x1350, 1511148281803.jpg [View same] [iqdb] [saucenao] [google]
4873800

We're going to be pumping a lot of alt coins when BTC falls. If you want in, join the discord group.

https://discord.gg/xvBuxzH

>> No.4873965

>>4873125

it aint crashing for shit

>> No.4874047

>>4873800
how many people you got

>> No.4874072

lol at the cucks who sold. 20k tomorrow.

>> No.4874088

ultimate shit coin or the ponzi millionaire coin with no real use other than high fees and slow transactions

>> No.4874321

>>4873125
It wasn't your prayers. I did it. I just sold some ETH for BTC.
That's why ETH suddenly started mooning and BTC suddenly started crashing.

Enjoy, /biz/. What's the next wish I should make come true?

>> No.4874907

>>4874321
Are you me? If I buy some BTC, together we can voodoo it into the ground!

>> No.4874990

>>4873125
CHOOOOOOOOOOOOOOOOOOO CHOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

>> No.4875103

Bitcoin Bitcoin
Me oh my

Bitcoin Bitcoin
You will die

Bitcoin Bitcoin
Hear the bell

Bitcoin Bitcoin
Go to hell!

>> No.4875191

Can someone educate me on the unconfirmed transactions? It was around 206k earlier today, now it's 220k.

I understand that many are coming off while many are going on the queue, but does this ever go down? What's it typically riding at?

Also, doesn't this mean that the whole BTC network is in a "power deficit" that can't handle the load of transactions these days?

>> No.4875222

KILL THE NORMIECOIN

DOWN WITH NORMIECOIN

>> No.4875277

>>4875191
welcome to 4 months ago

>> No.4875314

>>4875191
https://jochen-hoenicke.de/queue/#all

>> No.4875317

>>4875277
thanks for not answering my question, appreciate it

>> No.4875321

here we go boys

>> No.4875334

how many suicides thijs time

>> No.4875338

dont come crawling back into altcoins, you btc faggots are not welcome anymore

>> No.4875361

>>4875338
This, you can all fuck right off to facebook.

>> No.4875368

SO fucking glad I decided to postpone my buying for a little bit. I'm gonna buy on this dip, the question is how low will it dip? What point should I buy at?

>> No.4875371

>they're buying the dip
why won't they let it die

>> No.4875380
File: 100 KB, 419x310, angry.png [View same] [iqdb] [saucenao] [google]
4875380

>>4875368

>> No.4875406

This is just normal volatility. It will crash eventually though.

>> No.4875414

tfw bought the dip

>> No.4875421

>>4873125
ive been moved my btc to eth. fuckin had to coreect sooner or later. i'd be fuckin sick if i bought in the 17k area. might be a nice swing trade though

>> No.4875423

>>4875314
Thank you. That answered the first part. Very awesome chart. I especially like how they break it down by transaction size and the spike of very tiny transactions in recent days.

So my second question, seems like the system hasn't been able to catch up since late October. Forget the exchanges, is the BTC network overloaded today?

>> No.4875454

>>4873503
you just got the greatest bday gift of all.

a hard lesson in learning to read the market instead of tossing your money into the wind

>> No.4875474

tfw fees are too high I can't buy the tip with my tiny amount of shitcoins

>> No.4875485
File: 100 KB, 750x733, A98DE7E5-60A0-4F35-913D-725C3CF68A6F.jpg [View same] [iqdb] [saucenao] [google]
4875485

Buy low sell high maybe?

/thread

>> No.4875488

>>4874321
lol ive made some trades like that. you could almost swear to god its just because you put your money in

>> No.4875497

>>4875423
yes teh btc network is overloaded.

not all of those transactions are legitimate. jihan and the BCH team have been known to flood the btc network to slow it down in order to entice people to BCH. that being said, read this.

https://twitter.com/Beetcoin/status/935460412262375424

>> No.4875514

>>4875454
Well it will have to go back above that peak someday. But I think its funny how I bought at near the highest possible price. God has it out for me.

>> No.4875525

>>4874321
Give me some sheckles pl0x.
14XN2Jp57qAhtdHHtPYbjP4Pr1TZbetVxL

>> No.4875526

>>4875423
Yes, and unless lightning actually does something we'll be in big trouble. Read up about the theoretical "death spiral", it was a big fear during the bcash incident.

>> No.4875531

>>4875497
fyi the issue with bitcoin being overloaded, transaction times and etc is usually referred to as "scaling"

>> No.4875545

>>4875368
just buy eth catch that moon then go back to btc when she gets a little stable. because if you have to ask when to buy chances are real good you dont know how to swing trade so dont.

>> No.4875557

>>4875414
>tfw almost bought the dip but thought I'd see if it would dip even more
>it has
FUCKING YES

>> No.4875558

>>4875497
Very interesting, thank you. Follow up - you mention not all of them are legit. Any stats on how many transactions end up being rejected out of the whole bunch?

>> No.4875568

>>4874321
thanks for your noble sacrifice not everyone can be a winnar winnar chicken dinner crypto chad

>> No.4875572

>>4875526
i would recommend first reading about BTC's roadmap and future implementations before getting into the FUD.

alot of people forget bitcoin is far from complete and things that were predicted to happen in 10 years has happened in the last 4 months.

>> No.4875586

>>4875514
i did the same shit with iota but i held tight for the recovery and only lost 50$, got real lucky on that one.

>> No.4875604

>>4875558
theyre legitimate transactions in the term of being accepted but akin to sending 1$ back and forth 100 times

>> No.4875638

>>4875338
kek like it or not the btc fags control the fate of altcoins

>> No.4875653

FUCK MAN. Gotta buy some more nigger

>> No.4875654

>>4875604
You know fees are $20 now?

>> No.4875675

>>4875604
Got it, I thought you were talking about attempted transactions that never end up getting confirmed, to flood the network with bogus attempts. If that didn't exist, why bother with confirmation?

Thanks again

>> No.4875688

>>4873503
Fuck off normalfag

>> No.4875725

>>4875688
Maybe if you pay me faggot

>> No.4875733

>>4873125
Please fucking crash back to 12k.

>> No.4875741

Wanna do a bank transfer on coinbase but I don't have any euros deposited. Once I deposit the euros do I have to wait however many days for the transfer to go through for me to use them, or can I use them immediately since my account would be credited with them?

>> No.4875766

>>4875741
Since transfers are done in batches usually overnight, I can't imagine why they would extend credit to you immediately. Especially these days.

>> No.4875768

>>4873503
I put in 100 at 1650 and I've already lost 8 dollars

>> No.4875800

>>4875654
the minimum transaction fee is 0₿

the exchange you use is setting your fee price.

"you know fees are $20 now?" is wrong

>> No.4875822

not trying to shill here or anything but some dude with 200K is trying to enter eth at the 405$ mark check the order book

>> No.4875849

>>4875822
of course they are

>> No.4875867

>>4875849
fucking look at the order book stupid, jesus christ

>> No.4875894
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4875894

Everything keeps falling

>> No.4875908

>>4875822
You realize these walls are almost always fake to make people buy above them right.

>> No.4875920

>>4875867
You read my response wrong, stupid.

>> No.4875943
File: 303 KB, 750x1334, 1512708831563.png [View same] [iqdb] [saucenao] [google]
4875943

lmao @ all those downloaded coinbase app and bought the whole coin at ath today

>> No.4875954
File: 582 KB, 1180x842, doomed for eternity.jpg [View same] [iqdb] [saucenao] [google]
4875954

d-d-on't worry guies 15500 will h-hodl er 15000

>> No.4875967

>>4875943
top jej

>> No.4875970

>>4875920
i can see how thats not sarcasm, sorry.

>>4875908
either way you follow the money. if he lets them eat into it then its real.

>> No.4875972

>Bought at 1300 in 2013, sold at 500
> Bought at 20,000 last night, still holding

someone send help

>> No.4875983

>>4875943
normies getting killed in their first step to crypto will get media attention as well, i love it

let's go $2k

>> No.4875989
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4875989

>this candle right now
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAH

>> No.4875992

>>4875970
You got it bud

>> No.4875996

You really think a pump to $19k could happen in one day without any sort of correction? The whales who pumped are cashing out, back to what were a 24 hours ago, what....$13k? So far we haven't even broken below $15k so just set stop loss orders if you're scared.

>> No.4876012

>>4875414
Bought too soon anon

>> No.4876013

>>4875996
there are no >whales you can pump BTC are you stupid

>> No.4876019

>>4875954
dear god i'd be puking right now if i invested any more than 5k lol

>> No.4876021

>>4875970
>either way you follow the money. if he lets them eat into it then its real.
Yeah but they meme you into buying high, then they pull the wall and put it up again 1000 sats down.

>> No.4876039

its already back

>> No.4876041

If BTC crashes the entire crypto market crashes

What part of that do you retards not understand.

>> No.4876066

>>4875992
also walls not fake he just ate 100k worth

>> No.4876079

>>4875485
That kind of talk will get you banned from this board.

>> No.4876084
File: 123 KB, 494x411, bean.jpg [View same] [iqdb] [saucenao] [google]
4876084

>>4876041
they expect one of ETH in the wreckage brother

>> No.4876113

>>4873503
>pink id
hahahahaha

>> No.4876117

>>4876041
altcoins are recovering

>> No.4876129

>>4876041
>>4876084
No, it is you who does not understand, brother. Us Alt holders have already crashed. We can't go much lower besides $0. We just want to see BTC dragged down to our level. We can all sink together.

>> No.4876137

>>4876084
i have 40 eth if that ever hit btc levels idk what i'd do.

>> No.4876167

Fuck I can't even buy the dip with my measly $11 of zcash cause the minimum order is 0.001 BTC. Could probably prop it up with a bit of ETH but I guess the fees are still miles high?

>> No.4876197

>>4876041
The market's future doesn't depend on what you want or what financially benefits you
We're just being realistic, it's going down

>> No.4876218

HODL YOU PUSSIES

>> No.4876229

>>4873125

Reminder that BTC doesn't crash, it corrects

25k by 2018.

>> No.4876246
File: 49 KB, 646x484, Screen Shot 2017-12-07 at 11.29.52 AM.png [View same] [iqdb] [saucenao] [google]
4876246

Im fucked guys. fucked. fucked.

>> No.4876251
File: 18 KB, 500x281, dank.jpg [View same] [iqdb] [saucenao] [google]
4876251

>>4873800

>> No.4876279

>>4876246
>bought
kek

>> No.4876281

>>4876066
think you meant to reply to >>4876021

>> No.4876301
File: 24 KB, 618x434, rogerver.jpg [View same] [iqdb] [saucenao] [google]
4876301

HE WARNED US

>> No.4876304

>>4876246
wew lad

>> No.4876318

>>4876246
Well, besides buying, that's where I was going with >>4875191

>> No.4876320

>>4876246
Why don't you use coinbase for normie coin? It's instant

>> No.4876323
File: 8 KB, 250x250, download.jpg [View same] [iqdb] [saucenao] [google]
4876323

BUY LITECOIN BUY ETHEREUM

>> No.4876330

>>4876013
Note I said "whales" plural, yes they can pump BTC you fucking moron it happens all the time. Raised it to $16/17k and then watch the normies flock in massive numbers raising it another $500-$1000 bucks, then they cash out.

>> No.4876348

>>4876318
Coinbase transactions are based on mostly bank confirmation, fyi

>> No.4876351

>>4873125

BTC is still up $1500 from last night, you retards.

You all probably thought the dip from $13 to $9k last week was the 'crash' too.

Sorry you've lost potential earnings daytrading and holding useless shitcoins for the past 6 months, but BTC isn't going anywhere

>> No.4876354

>>4876320
>Why don't you use coinbase for normie coin? It's instant


that is coinbase scumbag. its just that I used my bank account. lowest rates. good thing the big purchase was bought at 12. I'm not dead yet.

>> No.4876358

>>4876246
If you don't hodl until it overtakes initial investment I'll fucking skin you and destroy this entire board

>> No.4876419

>>4873125
Fuckin went to sleep happy at the high this morning after stressing about this shit all night during yank hours but now I've woken up it's even worse. I'm FUMING

>> No.4876420
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4876420

>just bought the dip

>> No.4876422

So in order to do a bank transfer on coinbase I need to have already deposited euros days in advance? If I want to buy this dip I'm gonna have to buy card?

>> No.4876444
File: 107 KB, 1428x719, Capture.png [View same] [iqdb] [saucenao] [google]
4876444

It's broken below the short term trendline. Next stop 12.2k

>> No.4876456

>>4876420
Is it going back up from here?

>> No.4876460

>>4876330
Just look at today. Just before GDAX crashed and they froze the market, it dipped from $16937 to $15101, about 10%. The volume during that time was only 1,002. That means that only $17M USD was able to shift the entire market cap of the crypto down by $30.8B. That's how sensitive it is. That's like an 1800x lever. You think this is incapable of being manipulated if some deep pockets are involved?

>> No.4876466

>>4876358
>If you don't hodl until it overtakes initial investment I'll fucking skin you and destroy this entire board

no reason to sell. :)

>> No.4876483

>>4876444
trips confirm thank you based chart master

>> No.4876529

>>4876444
are you implying this isn't the short term dip right now?

>> No.4876539

>>4875972
you are doing it right
the /biz/ way

>> No.4876569

>>4876420
Same, they aren't getting past that 15k buy wall tonight.

>> No.4876575

>>4876569

its already back to 15 knob.

>> No.4876607

What the fuck is going on? When will it go back up? Will it drop even harder? Should I buy?

>> No.4876618
File: 33 KB, 528x527, 1512082534355.jpg [View same] [iqdb] [saucenao] [google]
4876618

DO I BUY NOW
ITS ALMOST DOUBLE OF WHEN I SOLD
ITS BEEN LESS THAN A WEEK
THESE DIPS ARE THE ONLY JOY I FEEL THESE DAYS

>> No.4876633

>>4876529
Who knows, every time it starts to fall it just gets pumped up again, probably tether shenanigans.

>> No.4876644
File: 159 KB, 265x370, en_RL0CNS5yVY.png [View same] [iqdb] [saucenao] [google]
4876644

just hold steady you pussies, it will return to 17k

>> No.4876652
File: 105 KB, 645x729, 1511800640361.png [View same] [iqdb] [saucenao] [google]
4876652

>>4876607
>should I buy during a dip?

>> No.4876657

TRANSACTION FIT TECH IS SHIT
CANT STAND UP TO ANY HIT
EVERY TIME YOU BUY SOME TEA
YOU MUST PAY A MASSIVE FEE

PEE PEE POO POO
THIS TECH IS NOTHING MORE THAN DOO
JIHAN VITALK AND SERGEY TOO
REPLACE THIS SHIT WITH SOMETHING NEW

>> No.4876683
File: 7 KB, 396x217, Screenshot from 2017-12-08 00-54-13.png [View same] [iqdb] [saucenao] [google]
4876683

wew

>> No.4876706

>>4876683
What does this mean for the price? I'm a brainlet

>> No.4876716

>>4876657
Vurrry good

>> No.4876723

>>4876683
BROKE PAST NIGGA

>> No.4876726

>>4876683
Already down lole

>> No.4876728

>>4875514
At least you have a good, go getter attitude who dont post no pink wojteks

>> No.4876732

>>4876706
Huge pressure to bring the price down

>> No.4876736

>>4876706
a gigantic sell wall. the price cant move past it until all of those coins are bought at that price.

>> No.4876737

>>4876706

buy wall. someone put in a huge order at a certain price.

>> No.4876752
File: 561 KB, 600x600, 1512601907499.png [View same] [iqdb] [saucenao] [google]
4876752

>>4876644
Checked and Kek'd

Praise Kek!!

>> No.4876762
File: 189 KB, 755x687, 1512600961195.jpg [View same] [iqdb] [saucenao] [google]
4876762

>>4876456

>> No.4876787

Lol @ normies chimping out at a 2k dips.

STEAYD HANDS

>> No.4876794

>>4875497

Its not spam its just a slow network crippled with small blocks

>> No.4876805

>>4876787
It is crazy how desensitized we've become though

>> No.4876811

>>4876762
I bought the dip, not the lowest point but it was still under 16k.

>> No.4876816

>>4876736
What exactly is a sell wall? I'm so new to this all

>> No.4876817

hodlfag for life

every dip is just an opportunity to buy

>> No.4876828

>>4876787
>>4876805
after all this bullshit we're still up 12% and people are buying
simply epic

>> No.4876839

RSI values clearly warned about all this. Now it appears underbought, will see what happens.

>> No.4876846 [DELETED] 

>>4873125
>cryptoshit is dying in a fire in real time
GOD DAMN THIS FEELS GREAT.

>> No.4876847

>>4876817
*high-five*

>> No.4876851

>>4876816
why don't you open GDAX and see if you can't fucking figure it out nigger

>> No.4876866

>>4876816
Today is not the day for you to get in, trust me. You're just going to lose it all. The only people making money are the ones who already have BTC and have had it for a long time, and some of them might even screw up and not sell while they can.

>> No.4876887

>>4876851
>why don't you open GDAX and see if you can't fucking figure it out nigger

Fuck you. I would beat the fuck out of you if I saw you talk to anyone like this to their face. What a degenerate peice of shit you are. Christ.

>> No.4876888

>>4876846
I see you

>> No.4876892

>>4873125
>tethers.exe has already kicked in
>shits still stabilized at a higher level then it started today by a fair bit

>> No.4876922

I wonder if there are enough whales and white knights that want to see BTC succeed that they're willing to sacrifice to keep the price stable.

>> No.4876923
File: 439 KB, 670x709, Hooded.png [View same] [iqdb] [saucenao] [google]
4876923

>>4876887
nigger

>> No.4876926

>>4876888
i deleted it cause i noticed afterwards following this shit fucking tethers already kicked in to shit on wall street.

>> No.4876928

STOP GOING UP AAAAAAAAAAAAAAAAHHHHHHHHHHHH

>> No.4876932
File: 799 KB, 500x208, eSJAt.gif [View same] [iqdb] [saucenao] [google]
4876932

>>4876846
>>cryptoshit is dying in a fire in real time
>GOD DAMN THIS FEELS GREAT.

>> No.4876939

a sell wall is the red orders you see to the right of the screen while a buy wall is the green orders of people willing to buy at a given price to the left of the screen. where these two meet is the market price.

>> No.4876958

>>4876887
Seriously just put some effort into it. It's not complicated. This isn't something to rush into anyway.

>> No.4876968

>>4876939
>a sell wall is the red orders you see to the right of the screen while a buy wall is the green orders of people willing to buy at a given price to the left of the screen. where these two meet is the market price.

most people dont know how you "buy". They dont realize that you can put in at an order that you want to buy at if you want.

>> No.4877010

>>4876928
this is fucking crazy i bought at 1440 sold at 14800 and then it went up another 600 dollars thats a 7 percent change in 4 mins lol im out got a buy order at 11k you cant predict this anymore

>> No.4877018

It's high noon fellers

>> No.4877029

>>4876968
To be specific, since it wasn't mentioned, anyone curious about this should learn about Level II quoting in general. It applies to the stock market, same thing here.

>> No.4877053

>>4877010
currency of the future man

lel

>> No.4877077

>>4877029
>To be specific, since it wasn't mentioned, anyone curious about this should learn about Level II quoting in general. It applies to the stock market, same thing here.


all the terms seem the same with crypto, but the common sense rules are not the same.

>> No.4877082
File: 5 KB, 211x250, 1431433403235.jpg [View same] [iqdb] [saucenao] [google]
4877082

I SEE RED CANDLES

>> No.4877099

>>4875800
You are fucking dumb, try sending btc from one wallet to another and tell me how much it is. These fucking anons that buy btc and never move it from a exchange are retards.

>> No.4877122

16k getting defeated.

Whales btfo

>> No.4877139 [DELETED] 

>>4876922
>I wonder if there are enough whales and white knights that want to see BTC succeed that they're willing to sacrifice to keep the price stable.


anybody? >>4877122
>Whales btfo


also what do you think whales are doing right now?

>> No.4877147

WE UNDER 15K, THE WHALE BLEEDS!

>> No.4877155
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4877155

>>4876922
>I wonder if there are enough whales and white knights that want to see BTC succeed that they're willing to sacrifice to keep the price stable.

>>4877122
>Whales btfo


what do you think whales are doing right now in general?

>> No.4877168

fuck I double posted like a nigger.

>> No.4877170

>>4877077
No, they're certainly the same. Was talking to someone who wanted to know what a "wall" is, which I guess is unique to something as highly volatile as BTC is, where there is an inordinate amount of orders on one side compared to the other. It's pressure, and wishes, doesn't mean anything though.

>> No.4877177

>>4876041
Thats why I sold everything until this shit blows over, unrealized profits are not losses. Gonna watch the show from the sidelines and re-enter after the dust settles. Hoping to be able to buy back and quad my stack :)

>> No.4877183

>>4877168
theres a delete button newfaggot

>> No.4877192

BUY THE DIP DAMMIT
I need the bull trap to form completely so I can get out with 120% profit margin and not 115

>> No.4877206

>>4877139
BTC should succeed on its own merit. Shouldn't rely on whales and artificial pumping. That's not what crypto is about.

>> No.4877207
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4877207

>>4877183
>theres a delete button newfaggot

holy fuck!

>> No.4877230

>>4877207
and i replied to the deleted one

>>4877170
was for >>4877155

>> No.4877244

>>4877155
crying that they ran out of daddy's funds. Once investment banks get involved, these whales will be harpooned their millions are nothing to the billions which will come after them.

>> No.4877254

>>4877230
>was for >>4877155 (You)

I really do wonder though, if some wealthy ancap would sacrifice and fall on his sword to save the market.

>> No.4877259

>>4877177
smartest man in the room, ditto here

>> No.4877265

yeh i got BITCOIN

Belief
In
The
Child
Originating
In
Nazareth

>> No.4877269

>>4877254
>libertarians
>sacrifice

sure

>> No.4877277

>>4877254
Fuck no, they dont play this game to be nice guys. Get woke anon they are in it for the gainz like everyone else.

>> No.4877279

>>4876939
>>4877170
Thanks a lot, that was quite informative and I think I understand it now. I think my next step will be to stop using coinbase and start using gdax. Is there anything else you can tell me about it? What sort of information can be gleamed from the 'order book' or the 'trade history'?

Are 'stop orders' used to sell and 'limit orders' used to buy? How much would one use the instant market orders as opposed to those?

Sorry for all the questions

>> No.4877283

>>4877177
this anon has to be rich as shit to notice this fact.
i've pretty much been waiting for this for a while.

>> No.4877290

>>4877269
>sure

is that a sarcastic sure? needs a pepe to help tone.

>> No.4877296

>>4877279
investopedia.com

start here

>> No.4877298

>>4877254
No ancap would care that much about anybody but themselves, which is fine with me. Just saying that's unrealistic.

>> No.4877300

>>4877277
>Get woke anon they are in it for the gainz like everyone else.

you think someone like buffet is in anything for the gains? Koch bros? They are trying to shape the world.

>> No.4877302

>>4877259
See you at the lambo dealership

>> No.4877318

>>4873800
sauce

>> No.4877320

>>4877298
>. Just saying that's unrealistic.

Why? In the abscence of goverment, charity is important.

>> No.4877330

>>4873125
SATOSHI NAKAMOTO IS AN ANAGRAM FOR A HOOK TO SATANISM PLEASE GOD SMITE THIS SHIT DOWN I HAVE DONE MY BEST TO HONOR YOU AS BEST AND I WILL BE ABLE TO DEVOTE MY LIFE TO YOU AFTER I HAVE MORE THAN NOTHING TO MY NAME

>> No.4877343

>>4877177
30 percent capital gains tax though. In burgerland you have to guess if the 15 percent extra is worth it. Fuck me.

>> No.4877348

>>4877320
Charity is absolutely important. Ensuring people don't lose money out of a stupid frenzy is not charity.

>> No.4877351

>>4877283
Its a blessing in disguise, been waiting for the juicy black swan event for awhile now. It seems the time is very close. Stay frosty and stay out until next week and you will be thanking me.

>> No.4877381

>>4877343
30% tax in burgerland is still better than losing it all. Smart money is moving out now. Don't get cucked. Also not in burgerland...

>> No.4877382

>>4877348
>Ensuring people don't lose money out of a stupid frenzy is not charity.

come on guy...I was thinking in terms of what BTC means to capitalists and people who hate the Fed, and the government in general....

>> No.4877401

>>4877330
could mozart be alive?

>> No.4877404
File: 50 KB, 602x453, 1512665632384.jpg [View same] [iqdb] [saucenao] [google]
4877404

BULL TRAP CONFIRMED OMFG

>> No.4877415
File: 56 KB, 364x322, 1511298008762.png [View same] [iqdb] [saucenao] [google]
4877415

>>4877404
YES

>> No.4877427
File: 212 KB, 501x585, jewing intensifies.gif [View same] [iqdb] [saucenao] [google]
4877427

>>4877404
IT FUCKING BEGINS!

>> No.4877428

I honestly only have 150 dollars in right now. I am just here to observe, learn, and participate. I think its really special whats going on right now...

>> No.4877503

>>4877428
150 bucks is enough to have some skin in the game, but not enough to fuck u up. Learn, watch and participate. Big things are happening in BTC right now. Either lightening network is a success and transaction fees are driven down while derivatives secure the price through futures trading of BTC ORRRRRRR guys start cashing out and price falls through the floor.

>> No.4877531

>>4877503
>Big things are happening in BTC right now.

I love learning just about anything. Its been a wild couple of weeks with my nose in on this stuff.

>> No.4877535

>>4877382
That's not the point. BTC has some value for the reason you've mentioned. Today's value isn't supported by those reasons. Take a look at the markets and new people signing up. They see a trend, hear it from their buddies, on the news, and are bandwagoners. They are going to lose nearly everything they put into it. This is the beauty of speculation and truly understanding what you're getting into. Only long term BTC holders are saying this is a bubble, because they're the only ones not in denial. The only naysayers are the ones who just got in and are trying to convince themselves that it's not.

People went through this with the silver boom back in 2011. I've been involved enough to remember it. Same.. fucking.. thing..

The only question is, how far will it go? Because I don't know that answer(and nobody actually does), I'm staying out.

>> No.4877538

>>4877300
they will not save you, get your head out of your ass.

>> No.4877554

>>4873800
who dis

>> No.4877584

>>4877535
essentially up to 1k, btc was used amongst nerds to buy and sell drugs and random illegal transactions on tor. After that, it got attention from MSM and has been speculated upon ever since.

>> No.4877585

>>4877535
Why not hold and avoid paying full tax?

>> No.4877593

>>4877535
>The only question is, how far will it go? Because I don't know that answer(and nobody actually does), I'm staying out.

Yeah I agree with you. Im out until I see a realistic number. Then I'll be in. All this 500k by 2020 stuff is stupid. It has to be. Its nonsensical.

>> No.4877647

>>4877585
You only pay taxes on a profit. I got out when I was happy with what I had. There's a certain pressure where I *could* have held on to more, and sure I missed these recent gains, but hindsight is 20/20. A bird in the hand is worth two in the bush. No way would I buy back in right now. Just like you said, MSM is pumping it, same thing as silver back in 2011, not a chance I would buy back in right now.

>> No.4877657

Price drop to 9879 by next Saturday. Local low when dip will be the lowest. Until then, short the shit out of BTC

>> No.4877659

Seriously what the fuck guys, that support. Lost half a days value and held.

>> No.4877671

Are there transfer fees associated with moving bitcoin off of coinbase into a storage account?

>> No.4877688

You retards selling the low?

Just die poor you fags. Some serious nigger shit going on here.

>> No.4877706

>>4877647
>You only pay taxes on a profit.

how does the IRS even prove what you purchased and how much? really... surely theres a way to circumvent this. Its supposed to be an anonymous fucking thing yeah?

>> No.4877710
File: 2.44 MB, 2501x3600, 1489376068902.jpg [View same] [iqdb] [saucenao] [google]
4877710

THIS IS IT
The normies get scared and try and pull out today. But they didn't research that, so they fail to, and it takes them all day to figure that shit out. But they're spooked, and even though the price looks to be climbing again, they're committed to leaving.
Slow trickle of these fuckos all day, while us gambling addicts BUY DA DIP EKS DEE and I think the huge 30%+ daily gains are over and we're slightly back to normality

>> No.4877722

>>4877706
how retarded are you. it's a public ledger

>> No.4877757

>>4877706
Some exchanges like Coinbase have your fucking passport or whatever

The SEC could sniff in their direction and they'd give you up

>> No.4877760

>>4877706
Well. For me, I do my finances by the book, I pay my taxes, bottom line. It's not worth the risk of getting caught trying to bone the government. Secondarily, since money hits my bank account, they can technically audit that and require documentation to see where incoming transactions came from. It's not worth the risk.

>>4877722
Wrong. A wallet isn't tied to a specific individual. You're assuming they know all of your information and are watching it online.

>> No.4877774

>>4877710
If we're under the assumption that all the normies are on coinbase, the sell feature is incredibly piss easy to use

>> No.4877775

>>4877757
This is true, and it has happened. Just hasn't happened yet.

>> No.4877788

TRANSACTION FIT TECH IS SHIT
CANT STAND UP TO ANY HIT
EVERY TIME YOU BUY SOME TEA
YOU MUST PAY A MASSIVE FEE

PEE PEE POO POO
THIS TECH IS NOTHING MORE THAN DOO
JIHAN VITALK AND SERGEY TOO
REPLACE THIS SHIT WITH SOMETHING NEW

>> No.4877816

>>4877788
+1

>> No.4877975

Well, this is looking an awful lot like the last 3 big red dicks, we going back up to 17k?

>> No.4877987

>>4877710
It hasn't drop enough to get the normies out. It's gonna go higher. They are convincing themselves that these are just minor fluctuations and this is how it works. Take a look at silver 6 years ago.

I don't know where the top is, and nobody does, but I know a lot of people lost their money by bandwagoning. Sunday should be very interesting.

>> No.4878009

>>4877975
Maybe, don't count on it. Nobody really knows why the price changes. Hence, speculation.

>> No.4878023

>>4876683
The fuck is this zoom and a 10 seconds reload time?

>> No.4878030

>>4877760
how did you get the coins INTO the wallet then you fuck tard?

>> No.4878057

>>4877987
I have been kinda doing a dollar cost averaging but I am still nervous.

Don't you think silver is a little different because average people understand it and it might be easier to buy? I mean people kinda get "digital currency" but I feel like older people with money would be quicker to jump on something like precious metals vs some new technological currency when they barely understand computers.

>> No.4878066

>>4878030
From exchanging USD for them on a market? Not sure what you're asking.

>> No.4878083

>>4878057
The main thing that is different is that crypto currency is a lot like playing a video game. It has addicting aspects as well as a top score ect.

>> No.4878103

>>4878066
haha gotcha. that's how they tie the btc to your walllet you retard.

>> No.4878131

>>4878103
You got me! What is the prize I owe?

>> No.4878165

>>4878057
Where do old people come into this? Silver was speculated and bought by many people of all ages at that time. The only winners were the brokers and the sellers who either intentionally or unintentionally hyped it up. It didn't last long.

>> No.4878182

>>4878057
Jumping on a trend is ageless, people have been doing it forever. DARE I mention tulips in the 1600s

>> No.4878202

>>4878131
self administered flagellation

>> No.4878252

>>4878202
Oh God, it hurts so bad, I wish I could stop myself.

Give it a rest.

>> No.4878288
File: 81 KB, 600x600, silver-rocket-1.jpg [View same] [iqdb] [saucenao] [google]
4878288

We must be near the end of the mania phase... next step is new paradigm guys.

>> No.4878324

>>4878165
>>4878182
fair enough, I don't disagree there is mania going on, but I do think the tech is revolutionary. I guess what I am trying to say is that even if older people know about crypto, they may not actually be buying. Old people also have more money for investments.

>> No.4878337

>>4878288
Were at the bull trap

>> No.4878348

>>4878288
It's close. After GDAX being down for 30 minutes, people literally couldn't trade, and it only went down so much, we're still in delusion. We're backlogged by 226k transactions on the network and nobody cares. tldr; have too many people who don't realize what they got into

>> No.4878390

So, cash out or hide in alts?

>> No.4878401

>>4878324
I agree with it being revolutionary. What I'm saying is that THAT fact isn't the driver for the recent "growth". This is all young stupid people trying to get rich quick.

>> No.4878443

>>4878390
Cash out, margin sell, wait for dip and buy at 10k.

>> No.4878469
File: 210 KB, 359x322, 1501469034279.png [View same] [iqdb] [saucenao] [google]
4878469

>>4873125
>BTC back at almost 17k

Oops. Nice thread, OP :^)

>> No.4878483

>>4878401
You don't have to buy a full BTC to invest, so poor people can buy some too, if that's what you were getting at.

A few hours ago I asked about unconfirmed transactions and someone was gracious enough to share this chart with me: https://jochen-hoenicke.de/queue/#all

Look at the spike of that small BTC transaction by volume in just the past few days. That should tell you something. Never before seen, as substantial as that.

>> No.4878593

>>4878443
It’s hard to drop my alt bags though, there’s good news everywhere this month. But I mean if the entire ships sinking, may as well bail..

>> No.4878613

>>4878443
>margin sell
Doing this because cashing out is too much work and if this shit turns around it'll take too long to move back in. I will buy the dip though.

>> No.4878739

>>4878593
What "good news". Please do share. Likely reported by people who wish it to be positive, with no actual substance. I legit feel bad for the band wagoners that are driving this up.

>> No.4878838

>>4877788

Exquisite

>> No.4878851

>>4878739
>>4878739
>>4878739
>>4878739
40k by christmas

>> No.4878858

>>4878739
I’ve been here since before this board was created faggot. NXT airdrop, Ardor going live, REQ testnet, etc..

>> No.4878871

>>4878739
I think he meant good news for his alts, which is very likely, there are many alts.

>> No.4878923

>>4878871
Yeah, I did. Don’t know why he was so salty, perhaps projecting. I dont know, but it’s still a legit concern. I have faith in alts long term, we all know BTC is dino-tech.

>> No.4878937

>>4877099
what wallet are you using. dont be daft.

>> No.4878940

you are the first and only one to trade dollar for a bitcoin. what happens? nothing, but the fact you gave the bitcoin fake value.

then the owner of bitcoin floods in more bitcoins out of nowhere, what happens? bitcoins value drops BUT HOLD ON, it only drops if you bring the flooded bitcoins into the open, so the owner of the bitcoin gives away small amounts of bitcoins FOR FREE, not to drop the value eventually, but to lure in the unsuspecting new users to "invest(fucking lol)" into the currency. now its value goes higher, it has more dollars connected to it. but hold the fucking boat, what if we rise and repeat this forever?

well eventually people get upset, people start to take serious look at your crypto currencies AS THEY ARE OBVIOUSLY SCAMS. and you think for yourself, "i m going to get away with this" right? no you dont, if you wont be hit with a high tax or jailtime, you will be known still as the guy who made proft as bitcoin scammer.

so only way to avoid this is to be pajeet in pajeet land shitting in the streets, because there nobody gives a shit you stole money from countries outside of your own.

if bitcoin is just used as a "investment", its a clear scam. if its used to buy products, then its tax evasion. either way people wont be happy, and they will hunt you no matter how innocent you think you are

>> No.4878982

>>4878923
>I have faith in alts long term, we all know BTC is dino-tech.
This is my position. But it hurts my heart watching BTC soar and leave us altfaithers in the dust in the short term because of normie hype.

>> No.4878983

>>4878940
I cant believe the "YOURE GOING TO JAIL" fud is still alive

>> No.4879009

>Bull trap
>hits 17.5k by Saturday
>Futures market open
>Whales sell BTC, head to safe, CBOE-regulated contracts

Going to cash this weekend, buying the dip Monday, selling again before CME futures open

>> No.4879028

>>4878982
I largely missed the BTC boat but have watched from the sidelines since 2013. I won’t miss this one, the one with real, applicable industry use case. Fuck no, so I’m probably holding everything.

>> No.4879030

>>4879009
Will this crash be worth moving into fiat or just hodling alts?

>> No.4879040
File: 18 KB, 637x631, 1512634660379.png [View same] [iqdb] [saucenao] [google]
4879040

>$28 network fee

>> No.4879041

>>4879028
>I largely missed the BTC boat but have watched from the sidelines since 2013.
me-me too

>> No.4879068

>>4879009
this guy fucks

>> No.4879078

>>4879041
Painful as fuck. But I think we’re still ready for the second wave of crypto. I don’t BTC always reigning supreme as digital gold, but expect some serious money to start flowing into some of these projects once established.

>> No.4879085

>>4879030
I moved my biggest holdings (ETH) into fiat and left all my alts out to die. Locked in some tasty profits and looking to quadruple my stack come monday

>> No.4879101

>>4879028

I bought in a few days ago when btc was 15k cdn.. rn its 21.4k cdn so not bad


I remember back in highschool a classmate always told me about how bitcoin was the future...

it was only a few bucks back then.. lmao I hope for his sake he bought some :P

>> No.4879106
File: 1.44 MB, 1280x720, but she refused.png [View same] [iqdb] [saucenao] [google]
4879106

>>4873125
Embedding monika.chr into the blockchain so every Bitcoin node has a copy of Monika!
Monika using her powers to make Bitcoin go over 14000 USD!
Going to the moon with Monika!

>> No.4879127

>>4879030
I just started looking into crypto over the last month but I have a finance degree so I have some basic understanding of investor psychology and TA. From what I've seen, most alts are negatively correlated to BTC. Not gonna dish out advice on shit I don't know. Gotta do more research as to which to buy.

>> No.4879156

>>4879101
If he did he probably cashed out long ago for what at the time seemed like a very healthy profit, that's what happened to me. Who could have predicted this?

>> No.4879157

>>4879106
pretty sure its 15549 rn

>> No.4879226

>>4879127
Yeah they kinda are, but there's always the hope that when the BTC crash happens alts mostly stand still in fiat. Historically not really true...

The issue is that moving into fiat to avoid the crash results in a Justing if the crash doesn't happen. Moving into alts is significantly less damaging or even somewhat profitable if there's no crash, and if there is one..well hopefully what I said.

>> No.4879259

>>4879226
would ether be considered an altcoin even tho its not a crypto???

asking for a friend?

>> No.4879283

>>4879259
>even tho its not a crypto
wat

>> No.4879374

>>4879259
ether is a cryptocurrency in that using a form of blockchain technology considers you a cryptocurrency. it is an altcoin because it is not Bitcoin. anything that is not Bitcoin is an altcoin. even the forks of bitcoin.

>> No.4879379

>>4873125
is this board mostly altcoiners? why aren't there more trolls posing as BTC fatcats laughing at Eth traders?

>> No.4879384

>>4879283
ether isn't a crypto currency.. its a token u nig

>> No.4879398

>>4879384
Stop being a retard. Autistic definitions don't matter.

>> No.4879466

>>4879398
lol...

well I'm currently 57% in bitcoin and 43% in ether


feels like free gibs,,

>> No.4879535
File: 30 KB, 558x614, 1512344928152.jpg [View same] [iqdb] [saucenao] [google]
4879535

how long until this crypto "currency" goes back down to an acceptable network fee?

>> No.4879844
File: 463 KB, 1689x818, shes gonna blow.jpg [View same] [iqdb] [saucenao] [google]
4879844

223k unconfirmed transactions and climbing.

Normies are gonna learn a valuable lesson very soon, guys. Just be patient.

>> No.4879881

>>4879844
How can uncomf transactions affect btc price?

>> No.4879932

>>4873125
Lord Jesus thank you for delivering us Donald Trump. Please protect him and help him cut the corruption from our government.

PS please crash Bitcoin to save the alts.

>> No.4880359
File: 68 KB, 880x640, 1493438708126.jpg [View same] [iqdb] [saucenao] [google]
4880359

What the fuck, I bought in when it was $19,000 or so, I thought it would keep going up?

>> No.4880366

>>4879932
*places corrupt officials directly in your government*

>> No.4880382

>>4879881
They don't. Its FUD.

>> No.4880411

>>4875103
Well done, chap.

>> No.4880530
File: 173 KB, 1200x1520, 1200px-John_McCain_official_portrait_2009.jpg [View same] [iqdb] [saucenao] [google]
4880530

>>4880366
*blocks your path*

>> No.4880558
File: 905 KB, 500x254, tumblr_m7k5nyc65X1qamkgjo1_500.gif [View same] [iqdb] [saucenao] [google]
4880558

>btc market

>> No.4880577
File: 82 KB, 712x367, revolving door.jpg [View same] [iqdb] [saucenao] [google]
4880577

>>4880530
*unblocks my path*

>> No.4881185
File: 28 KB, 1024x576, 1486814480227.jpg [View same] [iqdb] [saucenao] [google]
4881185

HODDL BICION IS FUTURE
LOOK AT NEWS
THEY SAY IN 1 WEEK IT WILL BE BITCOIN FUTURE
BITCOIN WILL BE 10000000000 END OF YEAR
STAY POOR NOCIONAER MRORN1!!!!!!!!!!!!!

>> No.4881265

Its over morons, it was overbought. It will now correct itself to 10k, you can see it struggling, it falls down 3x as much as it goes down per hour. Should have sold yesterday like I did. It was clear it was about to burst

>> No.4881597

>>4879881
It affects the transaction fee.

>> No.4881622

>>4881265

Enjoy seeing it at 25k by the end of the year, you delusional, soft hand retard.

>> No.4881676
File: 37 KB, 657x527, 7458hsdfg345.jpg [View same] [iqdb] [saucenao] [google]
4881676

I've been putting in at least $200 every month for the past 3 years. I don't plan on selling until at least 2025.

>> No.4881921

BTC has hit a new floor. It'll be back up to 19k within a week

>> No.4881946

>>4875454
No such thing as reading the market kek.

>> No.4882010
File: 16 KB, 204x204, thumbnail.png [View same] [iqdb] [saucenao] [google]
4882010

What surprise me is the total lack of MUSICOIN shill in this thread.

>> No.4882063

>>4881921
I would not be to sure. Bitcoin sucked up the alts, which means alts are on sale. If you have not done it yet, put your bitcoins in to anything but bitcoin or face two weeks of wojack posting.

>> No.4882079
File: 38 KB, 491x590, 404.jpg [View same] [iqdb] [saucenao] [google]
4882079

>Enjoy seeing it at 25k by the end of the year
Dumbfuck chorus.

>> No.4882314

>>4873503
Buy high sell low.