/biz/ - Business & Finance

Is BTC doing another pump n dump again? How far is it gonna go before crashing eventually to sub 4k?

Gotta love it how Bitcoin news sites are full of articles that are meant to soothe panicking investors.

They usually try to explain every dip with "nasty rumors" going around.
Honestly, I sold BTC because it's shit, I haven't even read any rumors.

There's no fucking way BTC will ever be a global supercurrency. It's just a pipedream.

This is why I hate cryptos:

>you need to trust a third party like Coinbase in order to buy cryptos
>volatile as fuck
>they're not good for mass use: the more you load the blockchain the higher the fees go
>the units are complex: a cup of coffee might cost 0.00047 BTC + transfer fees. "two bucks" rolls of the tongue easier

And the problems of FIAT?
Central bank conspiracies don't even bother me, who gives a shit?
Triple entry accounting will be used in some other manner, not as Bitcoin.

Dead cat bounce.

BTC is going to 1k and you know it.

Being a no-coiner was the smartest option afterall.

At least I didn't make Coinbase owners any richer.

I want to sell all my BTC _now_ but I can't do it for a couple of weeks, because of reasons. I'm afraid the value will plummet even more during this time and I'm fucked.

Is there any way to temporarily convert BTC into another currency whose value won't drop?
Like Coinbase's eur wallet?
Or some obscure coin like ARK?

The idea behind po.et doesn't work.

Even if I post my song on po.et, it doesn't really prove it's my song.