/biz/ - Business & Finance

[Anonymous No.7118354]

Double Bottom pattern painfully obvious

Strap in lads, it's almost takeoff time.
Personally I dropped another 15k from my savings on this 2nd bottom.

[Anonymous No.7118386]

thanks op, accumulating now

[Anonymous No.7118387]

its a triple bottom actually, but cheers I also just bought up a bunch as well

[Anonymous No.7118392]

>>7118354
zoom out faggot

this looks fucking horrible

[Anonymous No.7118393]

>>7118354
kek people here are too retarded to realize this

literally no one is doing TA on weekly/daily candles for some reason, just hourly ones

[Anonymous No.7118414]

The exact opposite will happen

[Anonymous No.7118430]

Confirmed Virgo is in retrograde and it's the dawning of the age of Aquarius and the planchard keeps moving toward the letter F. It's go time boys.

[Anonymous No.7118441]

yup this is like the alt firesale from 2 wks again all over again

[Anonymous No.7118448]

hold me mammy

[Anonymous No.7118468]

>TA

[Anonymous No.7118470]

Put 10k gbp into xlm, lets go

[Anonymous No.7118533]

>>7118393
is it really ganna happen tho

Isnt TA just wishful thinking?

[Anonymous No.7118580]

>>7118354
Confirmed 3k price target thanks

[Anonymous No.7118602]

the US is getting involved via audits. its over for crypto...still can trade the ups and downs if youre nimble, but the lights are dimming on this party and the beer done run out already

[Anonymous No.7118603]

>>7118533
TA on a weekly/daily chart is a 51% chance at the very least as it constitutes when a commodity is over bought and oversold. No events are even close to Gox-worthy to throw BTC out of these patterns atm. Even tether is just 2 Billion out of 500 Billion marketcap

TA on an hourly chart is as brain-dead as astrology and you should filter any thread that tries it

[Anonymous No.7118611]

>>7118533
Not all TA.
Americans Sold off.
Asians are selling off.
If Euros continue the sell off trend when they wake up then we're in Capitulation.

[Anonymous No.7118630]

HERE WE GO BOYS

THE WHALES HAVE SPOKEN, IT IS TIME FOR THE TREND REVERSAL

[Anonymous No.7118633]

>>7118611
return to meme at 8k with a bullrun to 100k by EOY

[Anonymous No.7118656]

>>7118633
>11 month bull run

wat the FUG?

[Anonymous No.7118658]

>>7118633
We left Denial behind back in December, you need to catch up.

[Anonymous No.7118699]

>>7118633
might want to say 3-4k and maybe 5-6k eoy

[Anonymous No.7118711]

>>7118354
I fucking love these charts. Literally a retard saying "Hey this chart kind of looks like a big scary lion!!!" and then posting "LION PATTERN ACHIEVED, TO THE MOON!"

[Anonymous No.7118765]

>>7118699
It depends.
All time data would put the mean at about 1k
The last 6 months would put it around 3-4k
Given that BTC has reached a point of uselessness due to absurd energy consumption I'm more inclined to go with the 1k. People will still trade it as a novelty until the miners move on to something else.

[Anonymous No.7118827]

>>7118765
(My guess is they'll ruin Eth next, or try to, but the government regulators are going to go apeshit on crypto once the BTC saga hits it's final climax).

[Anonymous No.7118836]

>>7118765
you might be right... desu in the absolute long term as a useable currency btc is dead.. not much of a reason to throw perfectly good money at it when many alts offer all of what btc can and more.

[Anonymous No.7118917]

>>7118656
this is crypto, crazier shit has happened

[Anonymous No.7118949]

Itll either rebound at 8k or die in the next 24 hrs letsgo

[Anonymous No.7118989]

>>7118765
Good, it only needs to get below 7k to morally vindicate my decision to dump my 400 BTC into BCH last November

[Anonymous No.7119011]

>>7118949
Nah, BTC will spiral to death not plunge. To sell off 10,000BTC there need to be 10,000BTC worth of idiots willing to buy. So the market will keep cycling as it has been, but the cycles will get weaker (because of the money the exchanges rake into their own pockets).
In the end there will be one winner...and it will be the house. Like any other casino game.

[Anonymous No.7119046]

>>7119011
The jews?

[Anonymous No.7119467]

>>7119011
I don't see it cycling above 10k anymore. There have been a few 10k pumps today, none of them reverse the trend for more than an hour.

The psychological impact of it no longer being 10k is bigger than tether news.

Ironically this is worse for Bitcoin in the long run. If the spiral downward is prolonged, the devaluing is more solidified.

If Bitcoin hit $1000 today, there would be a massive influx of people wanting to buy, if it spirals down to $1000 in a year, not so much.

[Anonymous No.7119615]

>>7119467
It's hard to say. You can never under-estimate the potential for human stupidity.

[Anonymous No.7119743]

If I just ignore my alts for like 6 months will I come back happy or distressed
I'm holding BAT and a little ZRX

[Anonymous No.7119813]

>>7118354
you don't call a double bottom until the first corrective dip after the breakout is achieved

[Anonymous No.7119859]

assuming btc was invented by the agencies and they hold 1/4. could they deliberately crash it, because it got too powerful ?

[Anonymous No.7119918]

>>7119813
This
The daily chart looks like fucking shit

[Anonymous No.7119928]

>>7118611

you realize when you use this meme chart it shows how absolutely retarded you are?

this chart has an almost religious following. its like christians trying to tie current events into revelations and saying i told you so

[Anonymous No.7119940]

>>7118470
>Buys XLM
Congrats on being in the 1% of /biz/ that has brains

[Anonymous No.7119953]

>>7119859
>It got too powerful
Somebody is still stuck in the delusion phase.
The run up to 19k had very little volumetric support. It wasn't the result of people spending 19K for 1 btc. It was the result of stupids buying 0.01BTC for 190 dollars. Then all the whales decided to cash out your lunch money.

[Anonymous No.7119956]

>>7118354
>being this delusional

[Anonymous No.7119982]

Literally CPR right now. Soon to be life support.

[Anonymous No.7120013]

>>7119953
The money people put into the market at 19K isn't there anymore. It bought a Lambo for somebody else already. your Lambo will never exist.
You will never get your money back.
You should have done your research.
You know how I know you didn't do your research? Because you bought in to the retarded grift in the first place.

[Anonymous No.7120053]

>>7118633
This but unironically

[Anonymous No.7120095]

I feel like I've seen this chart before

[Anonymous No.7120109]

>>7120095
LOL

[Anonymous No.7120113]

Like literally anybody on this planet can come to /biz/ and post fake blockfolios, and make fake claims about the legitimacy of an investment product. They just robbed you by playing your distrust against institutional distrust against you.
But you should have known better. You talk about greed and disparity in the world meanwhile you were expecting to get rich sitting in your underwear trading your lunch money for digital coins that somebody else footed a huge power bill to manifest contributing absolutely nothing to society.
The entire scheme was predicated on moral and logical inconsistency from the get-go.

[Anonymous No.7120212]

>>7120113
>still 20x up from initial investment
stay SALTY nocoiner LOL

[Anonymous No.7120225]

>>7120013
this is good for bitcoin

[Anonymous No.7120239]

>>7120212
Thanks just bought 100K

[Anonymous No.7120251]

>>7118354
i love these threads lmao. the fucking desperation.

[Anonymous No.7120306]

>>7120251
They need to be retards to avoid killing themselves. That's my theory. They tell themselves if they believe hard enough God will tear the space-time continuum asunder to change reality so that they didn't get fleeced. It gets worse than this though. Eventually it will evolve into conspiracy theories.

[Anonymous No.7120360]

>>7120306
I should warn that the conspiracy theories aren't far off. They've nearly finished assembling their cult lexicon.
>nocoiners
>FUDers
etc.

[Anonymous No.7120387]

>>7120306
>Being this fucking stupid

[Anonymous No.7120432]

>>7120387
Or I've just been around long enough to call this all a case of deja vu

[Anonymous No.7120457]

>>7120387
P.s. You are a part of that case of deja vu

[Anonymous No.7120476]

>>7118533
Dude, just because people make retarded posts on /biz/ doesn't mean that TA is retarded. The people on /biz/ are retarded

[Anonymous No.7120490]

>>7120251
Bulls are overbought from buying in during the last couple failed breakouts, so they have no money to push the price up. Posting on forums is pretty much the only thing they can do.

[Anonymous No.7120514]

>>7120457
Nice LARP faggot, go do something better with your time like smelling candles or fucking your cat

[Anonymous No.7120523]

>>7120095
perfect

[Anonymous No.7120594]

>>7120514
Your anger changes nothing. It only makes your situation worse. If you were to fight the cognitive dissonance you could cut your losses and move on before it's too late to get out. But it's good that you don't have the mental capacity to do so. I am here because you are a proxy for my anger towards a loved one who fell for a similar scheme many years ago. I want to watch you suffer. I want to laugh at you every step of the way and call you out every time you get all pissy about it. Thank you. You have no idea how much this means to me.

[Anonymous No.7120606]

>>7120095
So Jesus really did rise from his grave. Sips tea*

[Anonymous No.7120707]

>>7120594
You really are a LARPing cat fucker

[Anonymous No.7120790]

>>7120707
I wish I was. But you have no idea being a retard that can't follow the most basic pre-school idiom such as
>"IF IT SEEMS TOO GOOD TO BE TRUE THEN IT PROBABLY ISN'T"
can negatively impact the lives of people around you. You're a bad person. And I wish the worst upon you.

[Anonymous No.7120834]

>>7120490

> probably has a couple grand invest in crypto if that

dont speak about things you dont know little boy

[Anonymous No.7120857]

>>7120790
Damn you're right. You figured it all out. All these companies partnering with digital coins that don't mean shit. Oh my god. IM SELLING IT ALL. AHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH

[Anonymous No.7120877]

>>7120095
It does look very familiar.

[Anonymous No.7120904]

>>7120857
*lights your strawman on fire*
Nothin personnel kid.

[Anonymous No.7120936]

>meme lines
>>>/out/

[Anonymous No.7121024]

>>7120904
>Personnel
Go get your GED kid.

[Anonymous No.7121146]

>>7120857
Partnership's are meaningless startup PR.

[Anonymous No.7121263]

>>7121024

[Anonymous No.7121353]

>>7121146
You're right. HAHA. Blockchain is fucking useless.

[Anonymous No.7121563]

>>7120432
So you agree with OP then, since we got these downtrends a lot of times and bitcoin obviously just go back up due to limited supply.

[Anonymous No.7121633]

>>7121563
>limited supply
The supply is inextricably and inversely linked to it's price. If somebody wants to invest 100 dollars in shitcoin, and the price doubles, they just buy half as much because you can divide it into whatever micro-denomination you want. Supply is essentially unlimited. A gram of weed currently costs 0.001 BTC. If the price doubles it costs 0.0005BTC. Supply is essentially unlimited.

[Anonymous No.7121646]

By the way, i have no cash left to buy the dip, does anyone have experience with marging trading ?
You can't get liquidated until -50% value, so longing 50% of your stack should enable you to be safe and just needing for it to go up, right ?
As long as you can pay the maintenance fee, is there any catch ?

[Anonymous No.7121658]

>>7121353
It unironically is

[Anonymous No.7121769]

>>7121646
>no cash left to follow anonymous advice on a vietnamese basket weaving forum.
This could be the beginning of your recovery desu.

[Anonymous No.7121879]

>>7120877
it's over dumb cucks
Man up, admit it
and hold

it's over for now, doesn't mean it aint coming back

[Anonymous No.7122047]

>>7121769
Yeah yeah we may not have touched the bottom, who gives a fuck i'm in for the long haul.

Ah no, forgot that using bitcoin collateral to go long is riskier since the value of the collateral goes down with the price, obviously.
Mmmh, this means that shorting bitcoin using bitcoins as collateral is pretty much foolsproof.

Nah fuck that shit, i won't touch margin trading, exploiting daily chart is much safer.

[Anonymous No.7122071]

>>7122047
I mean your personal recovery. Not financial recovery.

[Anonymous No.7122152]

>>7118765
BTC is a great coin, transactions got much cheaper and faster lately. Also if BTC is so weak like you say I don't see any other coin moon.

[Anonymous No.7122275]

>>7122152
>great coin
That 500 dollars worth of transfers (made by a botnet to manipulate the spot price higher before the big selloff earlier) will take 1000 dollars worth of electricity to process.

[Anonymous No.7122393]

>>7120877
Look at BTC chart at 2014. Its the same.
It will form a cup until 2021- 2020.

HODL up to 4 years if you bought at 10k and above

[Anonymous No.7122426]

>>7122152
It's not that it's not great. It was the supply coin that started the whole thing. Now it dies, but who gets the keys? ETH? XLM? NEO? XRP? XMR?

[Anonymous No.7122455]

>>7122393
nigger aint no one got time for 4 years
If this shit isn't recovering in a month or two i'm out

Also there are so many newfags in the game that theres a possibility it will just get pumped again in a few months

[Anonymous No.7122491]

>>7122275

You just showed your ass. The coins being traded there are not being mined in that transaction.

[Anonymous No.7122527]

>>7122491
They have to be transferred from one wallet to the next eventually. The cost is just being passed onto the future. It's retarded.

[Anonymous No.7122528]

>>7122275
>Muh electricity
Lol people burn million times more electricity every day by watching their dumb shows and sports on their big screen TVs and getting paid n debts by swiping credit cards because they want to buy useless shit.

[Anonymous No.7122546]

>>7122491
You're literally retarded if you think such a system is sustainable. It's the same kind of exponential growth ponzi that the "fiat system" relies on. We'll just keep sending the bill to the future right?
You fucking dumb fucking retarded fuck.

[Anonymous No.7122583]

>>7122528
>people bur millions times more electricity
Found the child who doesn't pay their own fucking power bill.
it takes 300kWh to process a fucking transaction. That's as much as an average household consumes in a fucking week. You would know this if you weren't a child and actually had to pay utility bills.

[Anonymous No.7122585]

>>7122426
Non of them.

[Anonymous No.7122586]

Return to the mean will be at 7-8k, that may not be the literal mathematical "mean" but it's basically what most people would psychologically think of as the mean (keep in mind most people in crypto right now got in at he end of 2017, they've never even heard of BTC being less than 5k). Also every TA trader is waiting with buy orders at 7-8k.

[Anonymous No.7122606]

>>7122527

That depends on a lot of factors that you are trying to make us all ignore with your bullshit. You have been exposed now. Sorry you missed out. Stop trying to shit on our fun.

[Anonymous No.7122672]

>>7122528
McDonalds serves 68 million people per day. Assuming that there is an average of 2 people on each order that's 34 million transactions a day.
In order for that to be processed by bitcoin it would take 10,200kWh of electricity
That's absurd. That's beyond fucking absurd
You literally have to be the biggest fucking retard on the planet to actually think such a future could ever come about. You would need to harness the energy of the entire universe at once, for no reason other than to process the transactions of people buying fucking happy meals.

[Anonymous No.7122732]

>>7122672
Like the scale we are talking about for an all crypto future... Even something like fucking Eth "oh it's 100x as efficient"
On the scale we're talking about that's still fucking absurd. It just can't fucking happen. It's retarded. It takes 0.000001 calories of muscle energy to hand somebody a 5 dollar bill. It's negligible.

[Anonymous No.7122769]

>>7122732
Any gain in accountability you see with crypto is immediately lost in the cost of operating the system. It was doomed from the get-go. It's the fucking solar roadways of economics.

[Anonymous No.7122780]

>>7122672
It's obvious you're talking about something you don't understand and regurgitating numbers you pulled off a google search. Large power plants produce power on orders of magnitude of Gigawatts. You probably don't even know the difference between a kWh and a kW

[Anonymous No.7122787]

>>7122672

For BTC to succeed long term LN will basically have to succeed. And the normies don't care about the politics/philosophy (whether it's Satoshi's vision, means BTC is controlled by banks, etc.) Normies bought XRP of all things, so we know they don't care about that stuff.

So when it comes purely to the functional side of things, if LN fails, BTC will fail for the energy usage reasons you've stated, if LN succeeds, BTC will only grow much bigger and trash 90% of alts along the way.

[Anonymous No.7122799]

>>7122672
oops I meant 10,200 million kWh
So giggle flippa billo millo gigga jigga watts.

[Anonymous No.7122834]

>>7122769

90% of the people on 4chan are holding XLM for a reason you dipshit.

[Anonymous No.7122845]

>>7119953
all the volume was on bithumb, numbnuts. you've gotta do your analysis on the exchange leading the trend.

[Anonymous No.7122868]

>>7122780
see
>>7122799
I missed a word.
10,200,000,000,000Watt*Hours every day just for McDonalds
10 fucking Terawatt hours.
You would have to crank out 1 gigawatt for 425 fucking days, over a year for each DAY of transactions from McDonalds alone. You are mentally retarded.

[Anonymous No.7122932]

>>7118656
nah it will be four month. we recover and stay flat thru june then we go.

[Anonymous No.7122937]

>>7122868
none cares

[Anonymous No.7122951]

>>7122868
The ENTIRE HUMAN RACE consumes 50,000 TWh of ALL FORMS OF ENERGY every year.
McDonalds running entirely on bitcoin would consume that in a couple of weeks.

[Anonymous No.7122963]

>>7122799
nice digits. what you don't know yet is we are reaching the singularity. the universe is incentivizing ever greater electrical consumption by ever more powerful computers. it will continue growing exponentially. and yes eventually it will require harnessing the power of of the entire sun, and eventually galaxies

[Anonymous No.7122990]

>>7122937
>mathematically debunk any practical future using cryptocurrency
>nobody cares
Yeah, and that's why /biz/ exists in the first place. But if I can get through to just 1 person... I feel like I've done somebody a favor.

[Anonymous No.7123002]

>>7122990
none cares

[Anonymous No.7123025]

>>7118470
tfwno GBPs

[Anonymous No.7123052]

>>7123002
I get it. You're a retard. You jumped in at 19k without doing a shred of research. You can't understand what I'm trying to tell you. But crying about it doesn't change the reality. The reality that there's not enough energy in the entire fucking universe to run the world's commerce on cryptocurrency.

[Anonymous No.7123078]

>>7122868
How I reacted to that.

[Anonymous No.7123127]

>>7118354
>take out a personal loan
>as much as you can get
>open a business
>take out a business loan
>as much as you can get
>take out a home equity line of credit on your house
>as much as you can get
>wait for this dip to bottom out
>GO ALL IN
>FREEEEE MONEYYYYYYY

[Anonymous No.7123129]

>>7123078
Nice just bought 100K

[Anonymous No.7123146]

>>7122583
So what. All that electricity doesn't come from one source.

[Anonymous No.7123157]

>>7118658

did you see the prices in december? man you people are fucking retards, we weren't even at ATH

[Anonymous No.7123217]

>>7123052

Totally ignoring the fact there are different types of cryptocurrency.

[Anonymous No.7123220]

>>7123146
see
>>7122951
There is not enough energy in the world to switch to cryptocurrency.
Even if you increased the efficiency by 100,000 times. You're still talking about absurd amounts of money. There is no crypto future. Get over it.

[Anonymous No.7123261]

>>7118603
>Even tether is just 2 Billion out of 500 Billion marketcap
Oh boy, you know nothing

[Anonymous No.7123304]

>>7123220
Even if you were to limit the human population to 1 financial transaction a month each.

[Anonymous No.7123439]

>>7118603
>TA in [your favorite chart] is retarded
>TA in [my favorite chart] is at least 51%
9/10

[Anonymous No.7123470]

>>7123220
Lightning?

[Anonymous No.7123658]

>>7123470
1 bolt of lightning could power 1 bitcoin transaction. (1 billion joules of energy, roughly equivalent to 277kWh) It's estimated that the earth is struck 100 times per second by lightning. Which sounds like a lot, except that Visa alone processes 24,000 transactions per second.

[Anonymous No.7123701]

>>7123658
wtf u talking about lmfao

[Anonymous No.7123728]

>>7123701
The mathematical absurdity behind the idea that bitcoin (let alone any cryptocurrency) could be the future of commerce.

[Anonymous No.7123751]

>>7123658
I meant Lightning Network.

[Anonymous No.7123777]

>>7123728
the technology behind crypto will be the future of currencies lol, but none of these coins we see right now will stay relevant. banks and companies will create their own, maybe monero will survive for darkweb purposes

[Anonymous No.7123799]

>>7118354

It is a W for Wambo

[Anonymous No.7123802]

>>7123751
I've literally yet to see any kind of impressive technical detail about lightning network.
Ripple is the only crypto that offers a realistic enough energy consumption to ever see broad use. And it's already been coopted by the (((bankers))) so have fun with that.

[Anonymous No.7123818]

>>7123777
don't tell the neets on this board, BTC is a month away from overtaking the US dollar

[Anonymous No.7123819]

>>7118603
> Even tether is just 2 Billion out of 500 Billion marketcap

I didn't know brainlets posted on /biz/

[Anonymous No.7123826]

>>7123802
Oyy vey goyims, Buy ripple. Pay the power bill so my bank doesn't have to. Good goy.

[Anonymous No.7123832]

>>7123658
kek

[Anonymous No.7123921]

>>7123751
https://mashable.com/2017/12/01/bitcoin-energy/#bpah0o4qEPq9

Good read. Lightning Network will reduce power per hash and increases transactions while decreasing transaction times. It's like changing your light bulbs from incandescent to CFL or LED. More efficient while putting out more energy. Open source and decentralized Hashgraph is the future though.

[Anonymous No.7123976]

>>7123802
I think Lightning is the ONLY way crypto can scale to global use.

After all, just like you said, there will be way too many transactions. Everything is a transaction, even a parent giving their kid their daily allowance. Or people chipping in to pay a bill when eating out, each person will make a transaction. Also online use cases, like each ad view/click could be paid as a crypto transaction, or each tip a streamer/camgirl receives could be a transaction.

It's going to be billions of transactions per day.

It CANNOT be all saved on-chain.

Lightning works best for this, since it's basically just multi-sig smart contracts where you can continuously send value across the network through payment channels, all OFF-CHAIN.

This is the only way I can see global scaling working.

Pic related.

[Anonymous No.7124006]

>>7123921
>article offers no specific detail
wow, really made me think.
And then it goes on to pitch Eth. which is still not efficient enough for broad adoption.
Like I said. Only Ripple consumes a realistic amount of electricity, and guess which project has already been (((coopted)))?

[Anonymous No.7124024]

>>7123976
WOW, ALL THOSE BUZZ WORDS AND CLIP ART REALLY CONVINCED ME.
Just bought 100K.

[Anonymous No.7124057]

>>7123976
i wish there was a way to instantly have transactions approved......oh

[Anonymous No.7124102]

>>7123658
saving this for copypasta

[Anonymous No.7124133]

>>7124024
Well you said

> I've literally yet to see any kind of impressive technical detail about lightning network.

So I have absolutely no idea what your level of understanding of Lightning network is (you even referred to an actual lightning bolt when I brought it up).

So I'm trying to gauge how much you actually know about it by dropping every reference I know and see how you react...

...and that was really a bad reaction, so all I ended up getting is that you've already decided against it for some reason.

[Anonymous No.7124257]

>>7124133
When something would have to consume all the energy in the universe just to process daily happy meal sales it doesn't matter if you 100x, or 1000x, or 100,000x it's efficiency. 1/100,000th of an absurdity is still an absurdity. Like I keep saying, begrudgingliny, because I don't want to shill out all this delusional nonsense, Ripple is the only one I've seen with remotely promising energy usage. If a crypto ever does get widely adopted it will be based on something like that. Blockchain is just a retarded old proof of concept. If cryptocurrency is a motorcycle, then blockchain is 2 wheels on fixed axles lined up with each other with a chair awkwardly positioned above.

[Anonymous No.7124381]

“According to the Digiconomist’s ‘Bitcoin Energy Consumption Index,’ bitcoin already uses nearly 40TWh of electricity per year, more than many small countries, and that number will only rise if solutions to its inefficiencies aren’t found and implemented.”

An alpha version of Lightning was released on January 10, and the first tests have got industry onlookers very excited.

It’s too early to know yet if this is really the solution to bitcoin’s scaling problems and whether or not it will make transactions sufficiently cheap and fast to remain competitive against other forms of payment, but if it does work, the value of certain altcoins could plummet.

[Anonymous No.7124416]

>>7124381
>>7124257
*adds turbocharger to glorified lawnchair scooter*
Watch out Suzuki this race just got hot.

[Anonymous No.7124455]

>>7124381
that just means we need to nuke some of these shithole countries to even out the usage, problem solved

[Anonymous No.7124456]

every two days a new random pattern is emerging, if it's not one that indicates were in a BLEEDOUT period then it's wrong.

[Anonymous No.7124469]

>>7124416
Ripple and Stellar will be the world currency. #ThoseDamnJews

[Anonymous No.7124561]

>>7124257
It sounds like you don't know what Lightning Network is...

Each transaction doesn't have to be mined. It's literally just two computers (both ends of a channel) changing a variable in memory.

Everything is OFF-CHAIN, meaning no miners are involved. No intensive power consumption that can also double as a space heater involved.

Also, Ripple is not centralized.

Like Ripple can do account freezes by requesting gateways, they've done it before.

They froze the 96 million XRP owned by Jed McCaleb, original founder of Ripple Labs, by requesting the Bitstamp gateway to do so.

I can imagine the IRS making similar demands if it gains widespread adoption.

That's just as bad as holding your money in the bank.

Not even "uncensorable" like real decentralized crypto.

Also unlike real decentralized crypto, this means governments can shut it down. Would you really think they would let something replace the world reserve currency, the petrodollar, if a private company holds HALF THE SUPPLY (50 billion out of a 100)?

[Anonymous No.7124565]

>Put in 15k mid last year
>700k as of December
>hodl down to 550k on this dip
>put in another 10k buy on dip
>next dip down more, inject more fiat
>???
>profit

All the crypto believers are going to lose out if they have cashed out at least half of there earning by now

[Anonymous No.7124646]

>>7124257
It sounds like you don't know what Lightning Network is...

Each transaction doesn't have to be mined. It's literally just two computers (both ends of a channel) changing a variable in memory.

Everything is OFF-CHAIN, meaning no miners are involved. No intensive power consumption that can also double as a space heater involved.

Also, Ripple is not decentralized.

Like Ripple can do account freezes by requesting gateways, they've done it before.

They froze the 96 million XRP owned by Jed McCaleb, original founder of Ripple Labs, by requesting the Bitstamp gateway to do so.

I can imagine the IRS making similar demands if it gains widespread adoption.

That's just as bad as holding your money in the bank.

Not even "uncensorable" like real decentralized crypto.

Also unlike real decentralized crypto, this means governments can shut it down. Would you really think they would let something replace the world reserve currency, the petrodollar, if a private company holds HALF THE SUPPLY (50 billion out of a 100)?

[Anonymous No.7124659]

>>7124455
They will use nuclear warfare to decrease the world population down to half a billion. They will utilize blockchain and hashgraph technology in RFID chips to enslave everyone except a group of elites.

[Anonymous No.7124744]

>>7118602
Yeah fucking right mate. The peak of crypto will not be a marketcap less than Apple. Jesus christ you're like those retards in the 2014 posts saying BTC is done. The problem with anon imageboards is the arrogant, know it all posting that spreads absolute disinformation. You are wrong.

[Anonymous No.7124956]

>>7124257

> 1/100,000th of an absurdity is still an absurdity

So if a happy meal costs 100k, that's absurd.

But if a happy meal costs $1... it's still absurd?

The reason your favorite shitcoin is cheap to use is because NO ONE USES IT. Once it hits scale, (99.99% won't) they'll run into the same problem.


LN is the future, learn about it or get lost

[Anonymous No.7125096]

>>7118354
>Strap in lads, it's almost takeoff time.
no
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