/biz/ - Business & Finance

Everyone is waiting for the FOMO. It’s not going to be like 2016. The big boys have come to play. They don’t FOMO. They dominate. The positions they take will be colonial. They have long time horizons and they are not buying bitcoin with paychecks. This bullrun will cause suicides. When dumbass traders realize what they had in their hands that they sold for a measly 2-3x. Working class wholecoins will start to be few and far between. Because buying a whole coin will require you to sell your house. This next 4 years is not just “the next cycle” it’s the next phase. Where governments will have to respond. Where criminals are going to step up their game. Where publicly declaring that you have a whole bitcoin could be dangerous to you and you’re family. This bull run is not going to be a retail FOMO extravaganza. This bull run is the beginning of the fall of fiat. This bull run will cement Satoshi’s white paper as one of the most important documents in human history.

There will be no 80% correction. There will be no fall from $300,000 to 50k.
Grayscale is not a weak hand. Microstrategy is not a weak hand. Fidelity is not a weak hand. The institutions that are buying bitcoin couldn’t give a shit about “when Lambo”. They get lambos for free. They control governments. People expect that hyperbitcoinization will occur with government adoption. companies that are and will buy in the next year, are the ones that have the governments in their pockets. There will be no 80% correction.

>>16698310
Yes, it comes down to unalterable laws of physics and the energy cost of forced nuclear fusion. You have to use other rare elements (like platinum) to create gold in the first place, and because of the high energy collisions necessary to do this and the resulting gamma radiation, the end product ends up being a radioactive isotope of gold which will decay into lower elements over time. The process of separating the radioactive gold from the tiny percentage yield of inert gold is another massive cost.

The cost of just mining gold out from the ground is much, MUCH cheaper. So much so that it would take an energy revolution from the likes of the most fantastic science fiction novels to make gold fusion cost effective. And if that happens we're in for much bigger economic changes than cost-effective gold fusion would bring.

>>16322562
What the FUCK could it be such that everyone who uses the internet is automatically affected? Is this a dumbfuck burger who thinks the entire world uses Google or AWS or something?

>>15946877
Are altmetals even worth investing in?

>>15792061
So will Airbnb change the story and finally give us a happy fairy-tale ending?

>>15150676
Only 6 BTC here, will I make it?