/biz/ - Business & Finance

>>11793010
Can confirm I'm all in and I'm a richfag. If I was a poorfag with no hope then I'd probably gamble on shitcoins to increase my btc stack like most /biz/fags

>>11793037
>how do I lose the little BTC I can afford?
>oh yes, let me go to the shitcoin casino, what can go wrong?

>>11793037

The weird part is the dishonesty about it. They might even believe their own bullshit.

>>11793010
I bought 9 BTC @6400
I know cryptos since November 2017

>>11793010

>>11793217

the beautiful part is any issues with BTC will present themselves on the charts and i can short it or just buy any replacement for BTC whe nit becomes obvious. Im not a cucked holder. I just dont hold any shitcoins

>>11793240
> IM NOT A KEK REEE MUH CHARTS
You sad, sad little fuck.

>>11793264

while all you fags argue all day over BCH vs BTC vs blockstream I can just trade in future when it all gets exposed without getting involved

I shorted 6.5k btw, that was obvious. made 20 bitcorns

>>11793010
Agree 100%. As soon as I hit ~500k net worth with my LINK stack it's all getting funneled into 80% BTC 10% ETH 10% XMR for comfy longterm gains. There's no reason to gamble on shitcoins once you're a seven figga nigga.

>>11793085
I am of the opinion Bitcoin is boom and bust cycle like any market and susceptible to black swans (mt. gox). I don't think this is anything new in the history of investments. I only think the cycle would stop if it unironically becomes a global currency

>>11793240
>I always sell before all dips and buy back in at the bottom. It’s easy

>>11793368

you dont need to time it perfectly. that isn't the point.

So you didnt get the chance to sell btc at 19k, would that have made selling at 16k a really bad idea? lol

>>11793362
Black swans are unforeseeable unpredictable unknown unknowns with catastrophic consequences.
I challenge you to find a software developer with over a year of experience who wouldn't be able to tell you that a financial web application that mails you motherfucking plaintext passwords in an embedded query string is going to get fucking hacked.
Gox was insanely predictable, Segwit was insanely predictable, all of the shit that has beset BTC has been extremely predictable. There have as of yet been no surprises or black swans at all that spring to mind in the market.

>>11793379
This. Why do people care about the $value when they should care more about their RoI and trends. If I bought at $100, missed the 20k boat, I'd sure as hell sell as soon as it was obvious that the long-term trend was downwards. Buy back when you're comfortable and repeat.

>>11793393
Interesting take, anon. Thanks for the enlightening. No sarc

This thread is the worst kind of psyop.
Hey niggers, BTC broke yearly support. Weekly closes today. It's going lower.
The market doesn't give a shit about you and your high aspirations for BTC.
Also, CSW is literally planning to fuck over the entire market. E v e r y t h i n g.
Get out if you're poor, buy yourselves some nice things for Christmas, enjoy life, and beyond a few trinkets to keep you occupied (a new gaming computer?) try to focus on preserving your wealth until things settle down.
Screencap this.
Enjoy.

>>11793240
>charts tell all tales
WEW LAD

>>11793423

they do. all price action is forecasted. Lol.

>>11793417
CSW IS NOT FUCKING SATOSHI AND NOT ONLY IS HE NOT SATOSHI HE IS A FUCKING STUPID CUNT CUNT CUNT FUCK.

>>11793440
see you at $480, son.
most of these flyover idiots can't afford to lose that much.

>>11793417

>>11793417
.

>>11793462
>>11793476
doesn't matter if he's satoshi or not. i feel like he's a govt plant if anything.
if he's actively working with agencies to define virtually everything as a security, there's gonna be probbies.

>>11793010
I don't really like BTC. The transaction volume will never be fixed, because AXA/Bilderbergs bought Blockstream.

I'd be happy if XMR flips BTC. But it won't happen, too much vested interest in a useless token, which you can't transact with but somehow remains the king.

If I could lave lots of crypto, I'd buy maybe 20-50% BTC, the rest in XMR and shitcoins (DGB, LTC, Doge). Maybe 1-10 BCH for suicide prevention. Maybe 1-10 ETH for similar purposes.

>>11793393
I dont understand ur point about Segwit, do you mean it was a bad thing?

I have been holding 567.1 xmr since mining it

>>11793497
No, all they can do is push the ecosystem toward the cryptographic wall, and then they've effectively added as an evolutionary selection mechanism to create the most resistant projects from political interference, to whatever extent they succeed, they castrate themselves. It's a no win war because of the simple fact that when it comes down to it, cryptography is massively asymmetric in favour of the defender rather than the attacker. This is the mathematical fact of the issue and there's nothing the cianiggers of the world can do about it.

>>11793509
it was an absolutely terrible shitstain of a thing as highlighted in >>11793217, the worst thing that has ever happened to crypto, period, it was orders of magnitude worse than gox. Gox was just some incompetent minor company who fucked up custody and security. Segwit was the bribing, control, and buyoff of the majority of politically influential figures in the market, followed by the bribing of the majority of hashpower to specifically betray the original founding ends of Bitcoin.

One is some cunt set your letterbox on fire, the other one is your wife fucked a nigger for two dollars, shanked your dog, sold your daughter to slavers and then burned your entire house down before starting acrimonious divorce proceedings.

>>11793557
But it still wasn't a black swan because people knew it was coming, loudly shouted about it for years before it actually came, and indeed forked off in a lifeboat chain to evade the subversion and prevented it from actually tainting the entirety of the ecosystem.

>>11793393
And The most predictable thing: that 21 trillion USD fiat debt ponzi collapses and BTC goes to 1 million USD.

>>11793525
i want to believe, anon. there's lots of ways to fuck a nib.
from a strict $-market-casino sense though, i do feel like any poorfags here would be better off tempering their passions and reducing exposure even SOMEWHAT if not significantly back to fiat until things settle down.

>>11793585
And the defaulters on that 21 trillion USD just spent the last year piling into the BTC shitcoin. They will indeed default on the USD, then they'll execute a new financial system with iron reins based on the system we created that was supposed to destroy them and listen to this next part because it's fucking critical

BECAUSE FUCKING STUPID CUNTS WERE NOT PAYING ATTENTION AND GOT ASSFUCKED.

>>11793010
>Monero maybe exception
Personally I'm split between XMR and another highly speculative alt. I do not believe in Bitcoin as anything other than a possible store of value.

YO UFUCKING KEKS. the point of thread isnt about BCH vs BTC. its that only poorfags are shitcoin gamblers and hate largecap

>>11793653
>and another highly speculative alt
its dero isnt it

Comfy

>>11793653

there is only monero
and maybe ethereum
deep down we all know

>>11793010
I ownex 32.66 bitcoin back in 2011 as a high school freshman. Sold them off at $33 a piece. Regrets man, regrets

>>11793698
> dat 10/90 kikecoin1/kikecoin2 split
Just curious, but are you jewish by any chance?