/biz/ - Business & Finance

What price targets were people calling for in 2017? Were they predicting $200,000 like everyone on youtube has been recently?

Twenty one thousand United States Federal Reserve notes.

>>24815000
It will never work, these dumb boomers forgot about the corn. TGR only works when they have full control. It's an illuminati pipe dream

>>24790677
>>24790729
0x96E9598b5Fb46296707C127FcBf313B8A201b182
zirs do the needful

>Institutional investors keep price coiled below $20k
>Pump anti dollar news
>Pump news btc has beaten ath but it's gone back down and wall street is buying to gather public momentum
>scare bullish btcoiners into being bearish and expecting a dump so you don't have to try too hard to keep price down
>pump over $20k when moment is right

When it starts it's not going to stop for a while.

What the fuck is this shitcoin doing?

STINKY LINKIES HAVE HAD THEIR DAY, NOW THE REAL CHADS CAN COME OUT OF THE SHADOWS

>>19052705
>what should i do with my savings?
Just put it in Bitcoin
You dont have the nerve to trade alts if you're asking /biz/

>>18793504
good thing we have Plan B

YEAH BABY. MONEY COMING BABY WOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

>>18240213
silver? gold? who gives a fuck about grandpa rocks?

>>18174084
no son... I didnt even need to leave my couch

Started 2018 with 0.02 BTC
Started 2019 with 0.372 BTC
Started 2020 with 1.45 BTC
March 2020 Have 3.0 BTC
We're all gonna make it bros

>>17992144
what do you think retard

>>17756214
Don't be a fucking pussy dude

I'm invested in bitcoin, currently about 4% of my net worth. 2% that I'll re-balance annually, and the remainder held in a separate wallet that I will not be re-balancing. I think that it's easier to see the value in bitcoin when you use it day to day. It's completely changed my life, as an online poker player playing from the USA. Being at the mercy of the banks and payment processors used to be an absolute nightmare.

Here's some thoughts that allow me to stay the course with bitcoin:
1 - Grey markets (gambling), and dark markets (illegal activities) use cryptocurrency. They will never go back to an age where they do not use cryptocurrency. It would be like having the internet then deciding to go back in time and not use it anymore. They will also never stop running.
2 - People will always hoard / hide money (from govt, spouse, etc) and bitcoin offers a way to do that. There are a limited amount of coins and slowly supply and demand will increase the price. Longer into the future I think a significant amount of coins will even just be lost due to people losing keys, dying without leaving private keys to family members etc.
3. Bitcoin offers an asset that has little correlation to the stock market. It's good for diversification.
4. Bitcoin offers a global currency with fees under a USD to send and no funds lost to currency exchange.

I don't see bitcoin ever being adopted for everyday payments or for anything that we can use a credit/debit card for. It doesn't need to be and that's not it's use case. In the same vein, cryptocurrency developed by the government, or a corporation would not be competition to Bitcoin. They would be used for completely different things.