/biz/ - Business & Finance

>>55732855
19M circulating BTC
19M/219M= .086 BTC average per owner
Median is even lower than that because of richfags
Pajeet will sell his .03 BTC the moment he can afford a toilet for his village, will never wait for it to hit 1M
Chads hodling whole BTCs for years will get rich, poorfags will get the toilets they always dreamed of

>>54958086
How does this affect people holding plebbit?

I use the coinmarketcap app now. Not as good, but it will do.

>>53489123
1B suicide stack

Thoughts on CREAM finance? Or YEARN?
Is defi still a thing or was it a flash in the pan?

>>30081927
>the absolute state
I found .03 BTC on an old ledger that I thought was empty. It made my day.

just wait you fucking faggots

>>27166627
>2009-2013: Innovators
>2014-2017: Early adopters
>2018-2021: Institutional investors
>Post 2021: Laggards, priced out normie fags that try to make it with 0.01 BTC.
There

We're up nearly 100% in just a couple months. I'll be pretty happy if it chills here and doesn't tank for awhile.

This shit is on fire lately. I started buying in august and got my ass kicked. Bought some more and just kept getting wrecked by negative rebases. Traded my free UNIs for even more, thinking it must go up and still I was getting fucked up. This month has been almost 100% positive rebases though, and I'm up almost 2X overall. Nice coin, would buy again.

>>23938498
Assuming your SSI and rent situations are relatively permanent, put everything you have and everything you can save each month into bitcoin. And don't fucking tell anyone. It's not going to make your rich overnight, but it's also unlikely to disappear like some shitty pajeet-coin. By the time your family kicks you out, or SSI has been turned to shit by inflation, you will be all set.

>>23886876
This. Exact same experience two weeks ago.
>So, how's that bitcoin ponzi thing doing? /smug
>Um, you haven't seen the price lately have you? It's doing fan-fucking-tastic.

>>22102493
There were only a handful of days where it traded at 16k+. So you're thinking that the few people that actually bought in that high have been holding the next 3 years just to dump when it gets back to where they bought at? And that they somehow hold so much as to create "huge sell walls"? It might face resistance but I doubt it will be anything big.

>>20905321
>>20905379
Maybe instead of whatever bullshit "research" you are doing, you could look at what your own fucking company is doing...
https://www.forbes.com/sites/billybambrough/2020/05/30/jp-morgan-bitcoins-biggest-enemy-suddenly-appears-to-be-going-all-in-on-crypto/#6742995223a6

>>20330539
I think this is what is happening
>be miner with shitty old rigs (S9s)
>bullish on BTC and have BTC saved up
>halving comes, oh fuck, I gotta turn off these S9s
>Turn off S9s, but still have to pay a bunch of other bills.
>Sell just enough BTC to get by
>Wait for price to go up, so you can turn your miners back on
>Too many miners selling BTC stash, price doesn't go up
>Capitulate along with a bunch of other miners
>go back to wagecucking
>price goes up
I think we are waiting on more miners to capitulate.

>>19801706
i want to go all in on oil cause it's a no fucking brainer but imma be real with you, i tend to my cryptocoins.

>>19698868
>>19698870
>>19698886
Don't listen to these nocoiner faggots. Billions of dollars are invested in mining rigs, buildings and power plants just for mining bitcoin. Each day more people get involved in the industry, and more invest money in it. Each day, fiat is debased harder and harder, all over the world. Bitcoins growth will continue and we will all make it.
in b4
>hurr durr dinosaur coin with high fees that will never ever evolve or get better
>BTC can't replace the USD, Visa/mastercard,
and SWIFT right this instant, so its obviously a worthless scam
>muh shitcoin is faster so BTC is like myspace

>>19525679
>no matter what I do, there was some possible choice that was better
No shit, but it's impossible to pick right 100% of the time. Buy some fuckin BTC and hold on to it. That's it. The price goes up, the price goes down, it doesn't matter. You're not gonna escape your wagecage with a 100X shitcoin moon.

>>19249626
Coin market cap says unusual hasn’t updated their info in like 40 hours? Did they exit scam?
How to buy some ghosties with no KYC? I went to IDEX and they are trying to KYC me. WTF is the point of a decentralized exchange with KYC?

>>18942772
>my predictions are never wrong
Fuck off Renkobro, only the freshest of newfags haven’t seen your tired old predictions get blown out.

>>18352912
This. No one knows exactly what proportion of newly mined bitcoins are immediately sold to pay for operating costs, but based on the estimated costs of mining a bitcoin being 3-5k,(conservative) they must be dumping at least half of what they mine onto the market. So every day that the price remains the same, some 10’s of millions of dollars in bitcoin are purchased to hold for at least medium term.

In around a month, the amount miners have available to sell will be cut in half. They will likely increase the proportion of what they mine that gets sold, especially at first, so I don’t think there will be an immediate supply shock, but as less efficient miners capitulate, the amount of bitcoin hitting the market each day will decline. Assuming the demand stays the same, the price should rise. This price increase will further increase demand and we will have yet another bubble.

Picking up pennies in front of a steam roller. Hope you’re quick bobo!

What does it feel like, bros? Seeing that you can potentially have all of that money after putting just a small amount in? How do you know when to pull the trigger and sell?

>>17010418
Imagine pounding that ass. Life aint fair bros.