/biz/ - Business & Finance

>Bitcoin
>Earnings
Soon you will probably have to pick between one of those choices. If you bought Bitcoin for anything more than 1k to 3K, and you're still holding, you will probably suffer severe losses. also, pay your taxes... it helps the less fortunate and helps build infrastructure. You do enjoy public parks, beaches, clean roads and all of that, right anon?

Instead of worrying about what bitcoin is doing, use this time to look for the coin that will rise while everything else falls. Do you remember the 1988 economist cover prediction? A "phoenix" currency, which would rise from the ashes of a collapse of many currencies? This will be the world currency. It even says that the collapse would be caused by hyperinflation. Can you guess which coin that is going to be? If you know, please do tell me. There's not much time. Or decisions in the next few days, will change our lives forever. There thousands of cryptocurrencies, though...

Can you feel it? Yes, that feeling of dread... ever present. I know you can. I have been feeling the same feeling for a long time, but I couldn't comprehent the source of it. After looking for a long time, I think I have finally found it... The Tethering! Yes, indeed... You see, some guy named Bitfinexed on twitter has some pretty interesting theories about this Bitcoin pump. Anyway, I have come here to tell you that I have come to the realization that Bitcoin is 100% doomed... the entire price system... market cap... everything! There is enough evidence to show that it was all erected on top of lies. No fundamentals... no logic... nada. As I post this, the sheep are falling for what could be one of the most successful and sneaky ponzy schemes. We probably have but a few days before The Tethering, which will be followed by The Flippening. There is no reason to deny it anymore... you know it's true. All those warnings about the irrational state of the market were right. And yet... only now have I finally understood the sheer magnitude of the event that will soon unfold. It could literally happen at any moment. Are you ready? Are you prepared for The Crypto-Apocalypse?! YES! And it's going to happen right as the normies rush into the market. Sadly I've lost so much that I no longer care about the outcome. I've been JUSTed in such a brilliant manner, that I do not even know what I am feeling. Is it anger? Is it sadness? Is it despair? No... THIS IS MADNESS!! Yes, deep inside... I can't shake the feeling that it's all gonna be alright. At least we will all be in hell together. Unless, of course, you know of a way out of this nightmare.
>november 9th
>bitfinex bans US accounts and will not permit withdraws or deposits from them anymore
>what happens to USD Tethers? Apocalypse!
>Bitcoin's market cap is mostly based on buy/sell orders, of BTC paired with Tether.
Do you realize what you are dealing with now?
CAN YOU COMPREHEND?!
We are all doomed...