/biz/ - Business & Finance

based and red pilled

>>11516800
based

Why would I buy if they're suppressing the price

Shorting it to the ground right now. 20x leverage with 1000 BTC. Cheers biz

>>11516900
they are preparing for wealth preservation

>>11516900
this has to be bait

>>11516800
WTF

>>11516800
yes miners are suppressing the price!

Bumping for interest

"we'll tame bitcoin" was a quote by CME, not any of the people mentioned in your screencap. Nice LARP

>>11516986
still falls under others.

> t. cucked and bluepilled

>>11517013
No it doesn't. That's not how quotes work.

>>11517015
okay permabear.

>>11517029
I'm not a bear, I'm bullish but I will tear apart false information of any sort.

>>11516800
bullshit
miners have been always around since the very beginning

>>11516800
fggt larp this is fake shit

post real proof

fggt

>>11516800
fggt larp this is fake shit

post real proof

fggt>>11516800
fggt larp this is fake shit

post real proof

fggt>>11516800
fggt larp this is fake shit

post real proof

fggt>>11516800
fggt larp this is fake shit

post real proof

fggt>>11516800
fggt larp this is fake shit

post real proof

fggt>>11516800
fggt larp this is fake shit

post real proof

fggt>>11516800
fggt larp this is fake shit

post real proof

fggt>>11516800
fggt larp this is fake shit

post real proof

fggt>>11516800
fggt larp this is fake shit

post real proof

fggt>>11516800
fggt larp this is fake shit

post real proof

fggt>>11516800
fggt larp this is fake shit

post real proof

fggt

>>11516800
Soros and other real elites don’t give a shit about internet imaginary coins my dude. Stop this gay larping.

>>11517039
explain a 5x multiply in mining since 19k

>>11517068
sureee. keep buying your boomer stocks grug

>>11517070
People invested in mining setups after seeing $19k.
/explanation

>>11517070
no need to explain
it's due to the same reason that we are getting better GPUs and CPUs

>>11516800
kek this knuckle dragger thinks that 5x the hashrate means 5x the amount of coins dumped. the absolute state

>>11517068
>2018 began the next 100 year plan
>doesnt realize the transition from physical to digital is in the cards for this part of the cycle

lol look at how hard OP is getting shilled, theres some truth to what he said

>>11517068
lmao what a retard

>>11516800
you fucking retard they're buying on the OTC market to dump on the exchanges and rek the price to scare all you fucking retarded fags and then they and I will load the fuck out of our bags. Fuck you're stupid. Fuck.

>>11517155
dubs of truth

>>11516905
based and redpilled

>>11516800
>mining would increase 5x
get outta here retard

>>11516800
>he doesn't realize they are referring to BCH, not the Blockstream segwit experiment

>>11517213

This.

>Soros buys 10000 Bitcoins OTC
>Dumps them on an exchange while shorting with 100x leverage
>Profit

lol @ those saying mining got more popular because of bitcoin going mainstream, remember most setups with electricity + production costs enable pretty much no profit with btc's current price points, only big miners can mine btc at a reasonably profitable price and the big uptick in mining suggests that the chinks are still interested in bitcoin and eventually will pump their bags and dump with this cycle happening over and over again, the big increase in mining btc isn't just to collect it they're in it for the $$$

>>11517155
There already is digital currency. It is U.S. dollars and manifested as bank accounts, digital wallets, Visa cards. The Fed could even implement a blockchain, but it wouldn’t even be necessary. The only change they would have to make is getting rid of paper currency.

>>11517633
>pretty much no profit
wrong
that depends on your electricity price

Should I take advice from the unnamed illuminated insider text messages who calls chinks chinks and calls it "city bank"

>bitcoin would be around 90k if mining didn't increase by 5x
now that's some retarded logic. The number of people mining is entirely unrelated those buying. and its called block difficulty, meaning the number of coins is relatively stable over time until halving periods.
then the idea that the only thing keeping you from being rich is that the rich don't want everyone to be rich easy...

gotta be the most retarded shit i've seen, even on biz

https://www.newsbtc.com/2018/10/03/big-institutional-investors-are-buying-large-amounts-of-bitcoin-in-otc-market/

Cumberland’s parent company, DRW Holdings, disclosed that more than 33 percent of the company’s OTC market trades were processed during Asia hours, suggesting that large miners like Bitmain’s Antpool and BTC.com are regularly liquidating Bitcoin generated from their mining operations.

https://coingape.com/no-more-waiting-for-bitcoin-etf/

Speaking to Bloomberg he said: What that’s showing you is the professionalization that’s happening across the board in this space. The Wild West days of crypto are really turning the corner.

The big sellers in this OTC markets who are feeding this institutional crypto demand, according to Bloomberg, block miners, who have begun scheduling regular coin sales instead of holding or waiting to offload them during market rallies. Many of the largest miners have also set up their own liquidity desks and operations.

you republitards will blame everything on Soros while slobbering on the Koch brothers' cocks. it's so embarrassing.

>>11517929
wrong board, m8

>>11517857
that's not digital currency.
banks open accounts with each other to simulate transfers.
that's why the transfers take so long to clear.
its why SWIFT exists, because that's a hassle.

You think you can just namedrop Soros and provide screenshots of your conversation with your gay lover and expect me to eat it up?

FUCK YOU.

>>11516800
>Claims they paid off the chinks to mine BTC
>Implying the chinks won't stab them in the back by taking their money and pumping BTC anyway.
Anon I...

>>11517857
ok but who offers anonymous transactions, sole ownership of funds, non third party trust that just pockets the exchange, and payment transactions that dont trigger frozen accounts if the irs decides that you are making too much money without reporting it?

>>11517068
It's a lot easier for Soros to fund revolutions if it's done clandestinely with crypto.