/biz/ - Business & Finance

>>10724252
It will go up once you sell

BTC? Probably. Normie institutional investors seem to want "exposure to it", even though they don't know shit.
The most blackpilled bulls on it thing blockstream as a puppet for axa as a puppet for the rothschilds are going to succeed in their plan to make it the new digital gold, with tx fees so high and 2nd layer scaling solution so restrictive that normies will never bother having their own wallets and lightning channels to ((their)) hubs, and we'll just have fractional reserve banking all over again, but with bitgoyim instead, because you can't cryptographically enforce IOUs that never touch bitcoin base layer, nor LN layer.

>>10724252
Bitcoin, yes. BTC, no.

Ah yeah I hope bitcoin dies, bitcoin cash dies. Both useless shitcoins run by horrible cliques. The only "good guy" on BCH side is Roger Ver and Bcore is full of slimey spirit kikes and naive autists.

Eth and stuff being built on it is actually useful. So is chainlink and 2nd layer scaling technologies for eth.

>>10724252

Mid-to-late 2019.

>>10724458

checked

>>10724448
Wouldn't this just mean we would be inducted into the elite class?

If you can't beat em, join em. I'm cool with this.

Nope, it's dead. Pic related

>>10724252
wait for the next bitcoin halving

>bitcoin will die
>that was the last ATH
>this one shitcoin will flip it this time

>>10724252
No.
It has failed in every aspect, except as a means of margin trading.
Retail has rejected it.
Banking has rejected it.
Government wants nothing to do with it.
"Institutional money" wants nothing to do with it.

The blockchain concept will see adoption, but cryptocurrency is an experiment that's failed. The only people left are whales and exchanges, who hold most of the coins, and you, who fight and squabble and make idiotic comments about "bears" and "bulls", about a manipulated market that is driven soley by margin traders.

The ETF is a pipedream. No responsible account manager or trading firm will put 401ks, or investment accounts into them, it's too risky, irrational, and losing value over time.

Projects like BAKKT will fail to get regulatory approval.

There is nothing backing another fomo ride to 19k. It was a once in a lifetime event, that will not repeat, in your lifetime. Alts are the new .com, the devs will gladly take your money and live off it a couple of years, then exit scam and go onto the next project. Everything else is smoke and mirrors from desperate NEETs and get rich quick retards, who otherwise would be sperging about Amway or some other lame, desperate get rich quick scheme if Bitcoin hadn't gone to 19k last year.

Hey, it's your money. Gamble it how you want, but i see nothing rational left in the cryptosphere, and the only people making money are margin traders and people selling conferences and "TA" to desperate no-lambos and pajeets.

>>10724458
>X, yes. X, no.

>>10724761
based and redpilled

>>10724474
If Satoshi came out today, Blockstream would block him from github.

Thats how greasy the guys behind Bitcoin are.

It deserves to die.

>>10724761
>Projects like BAKKT will fail to get regulatory approval.

I'm sorry what?

>>10724761
Jonh Nash: Ideal Money

Go study and maybe you wake up knowing what Bitcoin is and why it's undervalued, at any rate.

>>10724822
I did, retard. I did back in January and February, when i was considering taking a position, and I saw it then, and everything since has validated my decision - I would have lost money. It's only undervalued in your mind, because you think the world owes you free money. You can't get to 19k a coin based on "Lets just make those nerds on 4chan rich", no matter how much you insist it will happen.

>>10724761
You are wrong.

>>10724816
BAKKT has to get regulatory permission from the SEC to operate. It's the cute little factoid the taint swinging articles fail to point out.

>>10725018
Well, you sure showed me!

LOL.

>>10724252
No never

>>10724822
>it has to go up
fucking retard

>>10725033
Bitcoin is trustless. You say it has failed, yet the blockchain is secure.

>>10725076
Has nothing to do with anything, retard. Trust doesn't mean shit, if the entire thing is rejected.

>>10724252
https://www.youtube.com/watch?v=aRUV3eM9iWU

No, it's going to crash and you'll be holding forever until it rises.

>>10725012
>boomer retard finally notices crypto right after the moon
>YEA SEE IT ONLY GOES DOWN WHAT A PIECE OF SHIT
incredible post, seriously

>>10724761
>literally basing all this on less than 1 year of mass adoption

>>10725258
LOL, oh, look, the neckbeards finally found a way to say "NO U".

>>10725258
Is Crypto considered mass adopted now? After the bubble burst it seems less popular than ever and no one outside of the Crypto circle jerk seems to care now.

>>10725357
pretty much, lack of regulation allowed us to blow the normies up almost instantly, the money has all been made

>>10725313
>>10725357
http://lmgtfy.com/?q=now+accepting+bitcoin

>>10725378
Retail volume in crypto has dropped from 270 million to 60 million in the last 5 years, retard. The only real volume it had behind it was Silk Road.

>>10725420
>let me throw some numbers at you with no sources whatsoever

¯\_(ツ)_/¯

Go back into your hole and forget about bitcoin.

>>10725357
Would you accept to be paid in bitcoin? I am a back end dev and i'm paid in btc/eth, I sell the necessary via a local exchange and pay my bills, there are services that will pay your bill if you pay some small fee for them if you are lazy and just want to send some satoshis instead of doing the work.
We are the pionners of this tech, i'm here since forever and the same people that made /b/ and /g/ awesome back in the day are here in the form of boomers `22/32 years`

You assholes and newfags need to stop living in the moment and understand what is happening here, this is digital fucking cash, in 100 years earth will be a giant city with no countries, global communications -> global money -> global goverment

>>10725515
No sources, riiiiiiiiight.

https://www.bloomberg.com/news/articles/2018-08-01/bitcoin-s-use-in-commerce-keeps-falling-even-as-volatility-eases

Now moo at me that Bloomberg doesn't know what they're talking about, when they got their numbers from Chainalysis Inc.

But you keep pretending your cute little meme coins will be worth millions. That train left the station last December, and you weren't on it.

>>10724252
No, we will never moon again. Might as well sell because the price is never going to be this high again.

>>10725613
>>10725420
>5 years
>not even 12 months
>>10725258
You're digging yourself a hole.

Not everyone has only been here since December like yourself.

>>10725673
Nobody has to have been here longer than that, retard. You've invented a new, fake yardstick to measure by, because you know I'm right, and you're too big of a fat, loser neckbeard to admit it, because you've tied your entire loser existence to a failing experiment.

You'll be here in ten years, if 4chan still exists, oinking about how your "Linkies' will be worth millions, any day now!

>>10725700
you sound very bitter.
has something bad happned?? :/

>>10725745
I'm not bitter at all, I didn't lose money on crypto.

You sound like a faggot neckbeard. We all know why, you're just an asshole.

>>10724565
Can't wait to finally be crypto Jew

>>10725768
am mentaly disabled.
yes i gained 55kg in a year when i started on meds, after i was admited to hospital

however before that
i was 110kg
deadlifted 300kg
squated 250kg
benched160kg
ohp100kg
and worked 100 hour weeks.

soo yeah your right. but
something is definetly wrong. your angry at something or someone. what will it be be angry all day or speak about it and enjoy your the rest of the day

>>10724779
he's one of those "bch is the real bitcoin" people

>>10725700
Anyone who has been here longer than one year, if they had BTC, is still in the green. I don't own Chainlink.

You sound bitter that you didn't get in before the explosive growth we saw last year.

>>10725012
19k a coin is fucking tiny you LARPing faggot. You haven't read a book in your life, let alone Nash.

>>10725827
He is angry that he isn't up big time like anyone with a brain that bought BTC before a bit above $1000 just like a year ago.

He copes with muh "b-but I didn't lose money".

>>10727233
yeah but, you cant just compare bitcoin to amazon or apple tho
bitcoin might just be some random shit company that pumped and died forever in the dot com bubble

>>10724458
"cashie, kek", he declared, with another cavernous cackle

>>10724252

Yes, but not until maybe 2021 or 2022, so just wait and look for a better opportunity to get into the market as it keeps going sideways for a while.

Next time it goes up it will trace to like 49k - 73k and maybe we will see technological application not be dogshit for it

>>10725027
Plus chinese new year is just around the corner so theres that

>>10725027
Everyone fucking forgets this. The only article I read that mentioned it was one, none others did. So now all the faggots who got disappointed the ETFs are never going to get approved are now hanging everything on BAKKT without realizing that the same exact thing is going to happen.

when a bubble for a single asset pops, it never goes back up
dont be retarded and sell awhile you still can

>>10728757
Yep, bitcoin has never gone back up after a bubblepop, how many times now? 4? 5?

>>10728743
>the head of the New York Stock Exchange won’t be able to get another regulated exchange approved

>>10724482
correct.

>>10724252
No. Just look at this growth. Too much faggots pump. There is NO WAY this goes higher again.

>>10724761
anon you are in depression

>>10727307
yeah but if bitcoin ever gains more widespread adoption than iphones it will put apple stocks to shame with it's performance.

>>10728784
it never did indeed...

>>10724252
btc is dead bro, move on with ur life

>>10724252
It will never moon to December ATH again. The bubble has already burst. Most institutional investors won't touch crypto because it doesn't meet the criteria of good asset. It's backed by nothing. It's used for nothing (except illegal activities). Most importantly, it doesn't hold its value.

>>10724543
?

>>10724252

Yes, Bitcoin (cash). BTC is not Bitcoin although you may have been misled into thinking it was.

Bitcoin cash is Bitcoin.

>>10724252
nop