/biz/ - Business & Finance

>>17757465
o shit im not ready for this i thought the dumps only go this far

>>17757465
what addresses? link em

>>17757465
Genesis wallets? You mean as in Satoshi Nakamotos?

>>17757465
source?

>>17757465
>https://www.blockchain.com/btc/address/16mttyZvPX3S51dWNf7kveWi8dieT8F3X9

Something is up, there is not much time left

we are all gonna die

>>17757465
post screenies

It was Craig all along! Satoshi's shotgun!

It is over

What the fuck

the fuck does this mean? they're going to crash it even further?

>>17757687
It is going to 0

>>17757465
https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html

Wallets 10, 22, 29?

>>17757687
Yes.
It's unironically over, all of this mess is a coordinated dump started by crypto whales.
The panic has officially set in, people are literally capitulating.

BUMP

wait wait, need more sauce im not following these links. too many numbers and letters in the wallets i get lost

I'll buy so much bitcoin at 1 dollar

>>17757465
is this bait ?

>>17757859
If the people that coordinated this ever speak of it in public, or if the details are ever released, I hope they hire some good fucking security. Because they are gonna get fucking murdered.

>>17757919
if BTC drops below 1k its going to zero. mining as a method of tx processing will go the way of the buffalo. XRP will be the model for future cryptocurrencies because it's controllable

finally, I as a poorfag tourist can into btc :3 I always wanted to have 1 full bitcoin. thanks based bobofags and whales

>>17758089
Why?
Is it too expensive to mine it?

>this is all just one giant conspiracy by "whales"!

>>17758089
if that happens I'll mine some on my gpu, no worries frens the ledger is safe with me

Imagine not buying at these prices

>THEY'RE MAKING THEIR MOVE! THEY'RE SELLING LOW

Hahahha this is fucking hilarious. All new fags can buy in now link the previous two years were nothing.

they will sell BTC and go into LINK

>>17757465
I hope you got your ETC bags. B/c that's all what will be left of the cryptoverse by tomorrow.

>>17757859
They have the world by the balls taking advantage of the corona panic
>>17758205
There is such thing as a little of column a, little of column b

>>17758304

>>17758089
More like NANO

>>17757465

>>17758089
Don't worry. I will personally keep this alive mining with my pentium cpu laptop

>>17757929
Don't be surprised if random anons start asking of you want to go onto the bush and shoot guns, they are planning on killing you. Don't go anon, no matter how good it feels to have potential friends. I am your only friend now, do you want to go shooting sometime?

>>17758198
it costs 5-6k in electricity to mine 1 bitcoin

>>17758308
>Selling quickly

>>17758519
hey fren wanna join up to create a comfy pool?

>>17758552
jesus, is that "green" energy cost. or like cheap power like natural gas

So all along they set us up the bomb? Pls me ginger, I can't go on with you

>>17758552
What about for power plants?

>>17758336
They won't though.

>>17758552
it depends on the difficulty, anon-kun. Me and my new pool buddy could literally mine btc if we were the only ones in the network. A lot of miners will stop, thats for sure, but that will drive the difficulty and mining cost down, really. Now with the halvening, this could be a pretty cool opportunity for smaller scale btc mining operations, really.

WHEN ARE THE DOOMPING THE BTC? THE SUSPENSE IS KILLING ME

>>17757925
it's real
https://bitinfocharts.com/bitcoin/address/386eAUqL3ZNZPmHeABXLo658DTQuJeLzUR

>>17758089
if bitcoins drops below 1k, i'm literally taking out another credit card to buy as much as possible as well as will be mining it on my work computer in the office.
BTC will never go to zero because i will personally buy every single last coin before that

/biz/ toll paid with their shitcoins, now grow up and lets go to forex

>>17758879
probably same, there absolutely are people believing in the technology. This shit will never drop to 0

>>17758879
Based

>>17758879
>Taking loans to buy some pixels
Absolute addict

>>17758871
wtf am i looking at

>>17757465
I'll buy after the dump.
People are too retarded to learn and will buy again after everything goes down the drain.

>>17757465

>>17758644

>>17758994
Wallet with 50k BTC has started moving dem coins

>>17758871
It's just a binance cold wallet moving

>>17758552
if no one is mining the difficulty will scale down

>>17758958

It take more then a few hundred people to keep the bitcoin train going. The less people solving block chain the slower every transaction will get. It will cause a chain reaction, when it takes literally months to clear a transaction the currency will be effectively dead.

>>17759029
bro whaaat

>>17758958
every 10 mins, another block is mined and crammed with transactions, people using this to move money, as planned.
>>17758985
stay poor, learn to leverage some of the lowest rates in history to rocket yourself into the new 1%. Warren buffet is probably cooming right now, sitting on his billions of cash looking at all the red. He'll be a trillionaire in 10 years.

if you know, you know. See you in the citadel if you make it

>>17759098
The problem is that there is still no valid alternative available to the broad public. People wake up that fiat is a scam and long for alternatives.

>>17759124
U are based

>>17759124
>He'll be a trillionaire in 10 years.
yea and he'll be dead

>>17759098
>what is difficulty adjustment
retard, at least read the whitepaper before you try to FUD

>>17759098
>>17759124
if ASIC mining farms stop working, you can bet your ass a gorillion hobbyists will jump onto bitcoin like a starving dog. There are currently people today that still mine grlc for fun lol

>>17757465
>reward halves
>price goes below $1000
>all miners go out of business
>Buttcoin dies finally
ha hahahahahahahaha BTC maximacucks on suicide watch

>>17759158
be greedy when others are fearful.
the people who are calling BTC dead at 5k are the same that were calling it dead at $500.
fortunes are made in recessions, if you act now & start to DCA into crypto and stocks, you could set yourself up for years to come

Litecoin might finally get an opportunity to find price parity.

>>17759246
I’m gonna wait a. Couple more weeks until corona fleshes itself out and then probably leverage into boomer blue chips because they are cheap as fuck. Either LEAPs or something else. Oh also cheap XTZ
See you in the citadel anon

>>17758250
this is a good point. there definitely would be some kind of autistic community effort to keep it going. idk if some autists with gaming PCs could crack it though

>>17758336
LINK was below current price a few months ago

A lot of BTC were purchased with loans. Perhaps other assets backing these loans are almost worthless or they don't want to sell now and BTC must be sold to cover payments.

Why the fuck are we not discussing that some early mined btcs from wallets that have been inactive since it's block rewards are now starting to move? Who the fuck would have access to those kind of wallets besides satoshi and some random autists of 2009????????????

>Nononononono muh fake internet funny money can never be worth nothing... muh store of wealth... boomers and investment people already bailed on fake ass internet monies after 18k ath, the only thing that has kept this ponzi scheme going is you faggots speculative thoughts of its worth $10,000... yes wrote that in long form to make you realize how fucking stupid (You) are.... the whales exit scammed all you faggots today

>>17759316
you kinda don't know a lot about blockchain, do you? it doesn't matter what system you are running, every 10 mins a block is solved.

>>17757859
Is it possible to start from square one like before?

>>17759450
Sure we just need to send Adam and Eve out on a rocket while the world dies and they can come back and start over.

>>17757465
THE OFFICIAL /biz/ DISCORD LINK IS:
discord gg XeY9zy
Join, we are currently talking about the economy shitting itself

>>17759398
Btw faggots boomers are transferring into cash/tangible assets and (You) faggots are crying about fake ass usb drive monies that is outpacing OIL in depreciating assets... atleast I need to top off my tank tomorrow... not buy some housewares off Overstock dot com that takes 12hrs for my order to process.... Blockchain!

this shakeout is bitcoin being transferred from speculators to HODLers.
I bought some last week, i bought more today, and i'll buy more tomorrow & into next week.
>>17759307
see you there fren

I'm waiting for my old wallet with over 1,000 btc to start moving coins.. Parents reformatted the family computer and I have never been able to retrieve em... That's when I know it's over.

god I wish I wasn't a compsci neet cuck, I'd buy some btc and ltc and just hodl, because I think they are neat

>>17757929
Edgy

>>17759589
should technically be impossible. But if that does happen, BTC is going to 0

>>17759589
how did you generate your wallet back in the day, anon?

That's what I'm saying, would be crazy.

>>17757583
1000BTC WHAT THE FUCKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKK

at this rate, I'll be able to buy a coin for $100 by tomorrow night.

>>17759589
Bullshit... if you 1000 buttcoins you would’ve already made your move

Is tether safe? Feels safe.

>>17759710
The creation date of the wallet is more important: 2010

>>17757929
hey wanna go out into the bush this weekend and shoot guns?

>>17758198
It's just a lie the miners tell themselves to justify the fact that they've spent tens of thousands of dollars on mining rigs. Normans will gladly mine crypto, and some greedy silicon valley fucks will create an app to mine it. Don't worry anon.

>>17759782
>buttcoin
faggot

Was still on dial up and only 13 yo. Took forever to download the entire blockchain and I had a paper wallet.. Had it taped to the computer.. I read it was the future of money and little me said perfect. Tried to find the wallet in pictures but no luck.

>>17759774
I'm tempted to do this not gonna lie

>>17759877
I’m not the one who got ponzi’d faggot

>>17758757

this is interesting, do you think we'll see a return to the days when you could mine a decent amount of BTC even on your home gaming computer?

Fuck you creg. You're a retard and will always be known as a retard. This will blow up in your face like everything you ever tried.

>>17757929
WAAAAAAAAAAAAAAAH I WANTED TO MAKE WITH WITH MY 1 BTC STACK I BOUGHT IN 2017 LIKE THE DUMB LAGGARD THAT I AM AND PEOPLE THAT CREATED THE SYSTEM OR JOINED IT IN 2010 ARE FINANCIALLY RAPING ME LIKE I ALWAYS DESERVED TO BE WAAAAAAAAAAAAAH HOW DID THE GOVERNMENT LET THIS HAPPEN

...so, when is Tether going to pop?

>>17759882
Stfu.... dial up 13k modem... dude we had that in like 1997 with aol when Napster was still a thing

>>17759882
so why would your old adress move the btc if you had a paper wallet unless someone figured out how to fuck up asymetric cryptography?

why is he moving them now when its like Armageddon

>>17760003
Chrashing this market

>>17760049
WHYYYYYYYYY tho?

>>17759882
>dialup in 2009/10
You zoomers are fucking pathetic

>>17757929
yes because a bunch of neets are going to get out of their mommys bassementsn to kill billionaires kek

>>17759589
If you really have 1000 btc since 2010 you done fucked up in a way. You should have sold when it was on the moon senpai

>>17759029
stop posting this idiot conman, imo he's a liar and a thief who turned crypto into a gay ass spectacle scaring off serious investors.

>>17759244
>all miners go out of business
No, they just make a small change ;)

>>17757859
why do whales want their investment to go to zero

seriously, how does it benefit whales for the value of their bitcoins to go to zero?

>>17757859
this is literally because of retards panicking over boomer-killer corona

>>17759774
Why but at 100 when it's going to cost less than a dollar soon?

>>17759930
I'm not really an expert my dude, I'm just some fag who has a little interest in the technical backround of blockchain. that said, I don't think so, really. Even when btc loses absolute value, there are still some geeks who got some old asics collecting dust, which they will fire up in an event where mining btc will become possible for regular people. But who knows, maybe corona chan and the halvening will fuck the feasibility of mining up so much that some people could join a mining pool with gpus and get a tiny fraction of btc alongside some autistiv ASIC miners, but I highly doubt it.

Stiff

>>17759930
>>17760251
also, I forgot the asic miner farms could literally just downscale their operations for the adjusted difficulty rating if it gets too pricey to mine for the whole network.

>>17757687
I warned you, but you didn't listen

>>17760218
It’s an exit scam broseph... they got in at like $1-100 or less and anything over $100 is 10-100x + profit to them... it’s not rocket science

>>17760235
It's an attack by a spiteful retarded autist who wormed himself into the early development of Bitcoin.

>>17759244
>industrial miners go out of business (unlikely)
>difficulty goes down
>Anons bust out the ol' 5Gh/s miners and put them to work again because free money
Someone point me to the most reliable/profitable pools currently? Or is P2Pool still the best?

>That sell wall.

>>17758308
lol this.
why short at 10k when you can short 3?

Is the experiment done frens?
Are we going to zero?

BUY GOLD FOR FUCK'S SAKE

>>17759782
Already happening.

>>17760064
If it really is craig, then he is happy to fuck anybody who touched or believed in BTC to death.

>>17760683
You mad greg? He told you so many times, but you had to call him a fraud and a liar.

Now you will suffer.

>>17759307
What are leaps?

>>17758997
Isn’t it ironic, don’t ya think?

>>17760686
wouldn't that be nice though? comfy coin

>>17760893
It's not even working. You just gave me your BTC.

>>17759589
Keep us updated Anon

>>17761005
Long dated options calls

>>17760893
>BSV crashing even harder
Yeah he sure told us.

>>17758879
I have no BTC but if it keeps dipping so I can atleast own one with my savings (I have 1500) then I'll buy some. There WILL be a market to buy this shit eventually.

what are they doin?
in simpler terms

Back up to 5k!!!

Viewed both of the blockchain.com addresses in this thread and it's literally nothing.

Thank god, for the first time in like 2 weeks, I can sit back and not have to worry about there being some sinister motive behind this happening. Buy your buttcorns now boys. Don't miss out because of fear and hate yourself 5 years from now.

>>17761438
It's just bounced back up to 5k. Fuck knows where it's going next.

It's like watching the last couple of weeks of stock market movements play out in a few hours.

>>17759375
source

>>17761695

>>17761624
It seems like what you /biz/ guys discribe as a dead cat bounce. I wouldn't be surprised if it plummets way harder

>>17761728
Holy fuck

>>17761757
no, this is a pump and dump, whales liquidating

Looks like a god damn bull trap to me so far, could be anything at this point tho...

>>17761695
are you even reading the thread look at the fucking top dude seriously people are posting transactions of genesis wallets with 50btc mining rewards going to exchanges its freaking me the fuck out, why now of all time would they make their FIRST transaction in over a decade?

4012k to 5k and counting
>7k spike and they will dump
Trust me anons

>>17761695
https://www.blockchain.com/btc/address/16mttyZvPX3S51dWNf7kveWi8dieT8F3X9
>Newly Generated Coins
>2010-08-24 13:04

>>17761777
This. Whales are pumping a bit so they can dump at a better price point.

>>17761777
isn't that basically what a dead cat bounce is? sorry I'm very uninformed in buisiness. I'm just a tourist who likes the tech

>>17761777
this is a retarded reason, they could have done this when BTC was ATH, there makes 0 sense as to why they'd dump now of all times, also you say whales but no one knows who the fuck the owners of these genesis wallets are, it could be satoshi.

>>17760122
>you won't do anything
Kek everything, I always laugh at post like this when remembering the one that was posted on the original christchurch thread

>>17761817
What is called shorting and longing? It goes both ways anon. Right now it's whales with their bots fighting one another. That's all it ever is.

>>17761777
checked and exactly right

>>17759160
>leave death to me

>>17757465
What is this pattern called?

>>17761787
They were mined by the same corrupt forces who are inducing panic and crashing stocks right now and they’re doing it all for a reason. They believe the end results of their actions now are more valuable than the money the coins would have been worth at ath

>>17762350
Whats their end goal smartanon?

>>17762596
One world currency, 666 mark of the beast shit

Read Anonymint(Shelby Moore III)

DID I JUST MISS THE BOTTOM