/biz/ - Business & Finance

>>55460302
>Plz stop reminding people that Bitcoin's price is demonstrably fake & gay, my bags are heavy and I'd rather not sell at a loss.

"There's only one useful thing that any of us can do everyday when we get up. One thing that matters above all. That one thing is convince someone to convert some other form of property into Bitcoin."

Haha. We're not even close.
I'll consider buying a bit when
>everyone on this sub is in complete despair
>the US gov has put on a bunch of regulations
>Michael Saylor's company is out of business
>most people consider crypto a dead fad
>bitcoin is in the low 4 digits

That will be the bottom. Not sooner.

>>49825966
>Every normie on the internet says Bitcoin is going to a million
>Ai searches internet
>Finds most popular result.
>"Guys it's confirmed, we going to the moon"
Crypto bros are mentally retarded.

saylor gets margin called at 3 a.m.
tomorrow we see mid-10's

>>49568431
at least she can go back to porn
where does michael saylor go back to?

>>49563088
All of the money has been flowing into stocks because that's where everyone's 401k goes. Boomers retire, Zoomers no longer have careers and 401k, people start forgoing investing into stonks because they need to buy food and gas. This is very simple if you are not a midwit.

>>49557175
>My guess is more conservative; a few thousand per coin, or whatever astronomical sum of USD is worth a few thousand 2022 dollars a few years down the line if hyperinflation really kicks in.

You also have to factor in the FOMO effect. The "Monero will flip Bitcoin" prophecy has been around for years now so the slightest inkling that it might actually be happening will send a tsunami of speculators rushing into XMR all hoping to get in early on the next Bitcoin, thus triggering a bubble and fulfilling the prophecy.

I would reckon the tipping point would be somewhere around $1000.

>>49385824
If he is the only one doing it then why not wait for it to hit 20? Oh right, Michael Saylor from microtragedy can’t allow that to happen. No doubt him and some buddies are furiously attempting to DCA while shutting out buyers looking for a bottom.

>>49343033

Privacy bolted on as an afterthought doesn't exactly inspire confidence lol