/biz/ - Business & Finance

What will you do if Bitcoin reaches something like $500k - $1M per coin in the 2020s?

I use to be a bitcoin denier until around $5k per coin. I denied it from $0.05 to 5k.

How high will BTC need to go to end your denial of it and have you begin accumulating BTC?

If the answer is never, why? Does that mean you’ll be 60 years old and bitcoin will be $20M/coin and you’ll still be calling it bullshit? Seems pretty unreasonable.

What’s going on with this cunt the last 24 hours?

It seems to have paused now, is this pause before a moon shot to 65k, or is it a pause down to 35k, seems like nobody knows for sure and it seems 50/50 at this point

50k stable coin in 2021

$180,000

December 2021

Anyone notice the attacks on bitcoin in the media?

Typical globalhomo

>muh China
>muh Russia
>muh North Korea
>muh climate change
>muh white racist males
>muh poc and females left behind
>ponzi scheme / worthless
>all globohomo spokespeople talking shit about it
>Bitcoin is only for criminals
>Bitcoin is useless, fiat is best
>Its all a scam and full of demonic white men

Why are they doing this? These people all attacking specific things in coordinated fashion like this is making it seem like these people are actually literal evil powerful people who are all trying to keep us down and under their thumb and so their power is maintained...

These are also the same people who day we’re the evil ones in control and that we need to be dismantled...what the fuck?

They’re clearly setting up to fuck us over with Bitcoin some how.

It’s making me think this is actually extremely bullish.

>the more expensive it becomes the more evenly distributed it is

How is this possible? Shouldn’t the opposite be happening?

The anti-Bitcoin sentiment is a huge buy signal and a huge signal that you should accumulate as much as you can of it

It’s clear alt coins are basically being used by 3 kinds of people

1. The people who use alt coins to make money in order to redirect profits into Bitcoin

2. The low IQs who unironically fall for the “Bitcoin is ancient and dead tech, but alt coins bro” memes

3. People who genuinely believe in alt coins being the future to a fault

I literally only own 1.00 BTC

I have no need to sell. But for fun, what do you think the price ceiling is for 1 BTC if it doesn’t completely failure and actually becomes solidified as a globally accepted digital asset comparable to gold.

Is anyone else here holding BTC and has no intention of selling it and is okay with a crash because if it did crash that you would just buy more?

Makes me wonder because if all of us Bitcoin holders are using this same strategy it means it’s never going to crash until the majority of us stop thinking like this

BTC needs to be start selling in satoshis by the 100,000,000 instead of 1 BTC

Normies aren going to sped $50k for 1 Bitcoin but they will spend $500 if they see “1,000,000 satoshi” instead of “0.1 BTC”

Why is Bitcoins deflationary aspect bad?

“Experts” keep saying that

What do you do once you’re bored or accumulating Bitcoin and have a comfy amount?

Do I just keep accumulating more? Or do I start fucking with alt coins.

Accumulating btc has felt like I’m just contributing to a 401k on steroids.

How can I make this more fun?

When governments eventually have their own cryptocurrency for their own country, they’re going to want to remove Bitcoin from circulation, and the easiest way for them to do this is to trade their own cryptocurrency (which is the only form of accepted payment used for buying stuff in your country) and they will probably give you something you can’t refuse, like trading you $25,000,000 USDcoin for 1 of your BTC. Remember the governments cryptocurrency will be infinite and they will keep making more of it. They will simply create more of their own coin to trade it for Bitcoin, so they can end up with all the Bitcoin, and then hold it forever and never actually use it, or use it only for trading with other nations like gold is now.


So, the end of Bitcoin will be the same as how it started, only criminals will keep their Bitcoin, every average person like you or I will sell out for millions upon millions of our own nations coin, and we’ll most likely all trade it.

So anon, are you going to sell out when the government offers you a fuck load of currency for it? You will be offered like $20,000,000+ coin. At the time an average house might be worth $5,000,000 so you’ll be getting a pretty good deal for giving up your digital gold, the only down side is now you’ll be back under the thumb of the governments money and you’ll be using their own centralised digital currency instead of your decentralised BTC

My ex-friends called me a delusional moron when I told them Bitcoin will be $10,000 and now we’re nearly $50,000
I use to be the “punching bag” of the group, they would make fun of me and shit on me, hence why I stopped interacting with them and ghosted them.

I wonder what they think now, I have all their numbers blocked so I wouldn’t know if they’ve tried contacting me about it

Why the fuck does my exchange take so long to fucking send my funds to my private wallet

It’s not even a busy time and they’re taking 2-3 days to send Bitcoin to my private wallet every time.

These cunts really want to hold onto it don’t they?

I am thinking of gifting my nephews and nieces BTC from now on for their birthdays and Christmas

They’re all under 5 years old, think this is a good idea? My sisters all just spend the money I give them on random stupid shit like typical femoids, maybe I can just give them a certificate IOUs of 0.0001 btc or something, and make them their own hidden wallets on my keys, and when they’re older I’ll can transfer it to them.

I’ve been reading FUD arguments against Bitcoin year after year after year for 10+ years and I’ve watched it go from $1 to $40k.

Why the fuck did I listen to the fuds? Why didn’t I just trust my own instinct and accumulate back when I wanted to?

>nooo don’t spend $100 on 100 Bitcoin, you might aswell just burn your money!

Fuck you I should be 8 figures rich right now

>buy $50000 btc now

Or

>buy $500/week until next crash/halving and then buy $XXXXX

What’s the smarter choice? Note: there’s a chance BTC never actually has another crash, that’s probably unlikely though.

How secure does my 24 word seed really need to be if my holdings on kept on a hidden wallet with 25th word pass phrase?

I mean, I can leave a backup of my 24 word seed at my parents house and grandparents house, and if was event stolen or lost there, it’s not a big deal, because muh passphrase, right?

And if I know one of my backups have been lost or stolen, I can easily just get a new seed and transfer the funds on that seeds hidden wallet away into a new seed

No?

>its too late
No it’s not
>it’s going to crash
I doubt it, but I will buy more if it does and continue to hold
>there will be another 2-3 year bear market after it crashes
Ok? So I’ll get 2-3 years more to accumulate


You legit cannot defeat the holder. We’re autistic as fuck, we win through sheer unadulterated autism of the hold. Only normalfags can’t handle holding the bag and that will be their downfall.