/biz/ - Business & Finance

>>18826761
maybe

>>18826761
could be

I think it'll be big for people with money. I'mma drop 300 into it.

The halving got postponed because of Corona. That's why no ones talking about it. Do you live under a rock?

>>18826761

I think nothing will happen major, maybe a slight drop but the whales and bots will carry on controlling the price

ahh biz never learned

it will be small pump to 11-12k and then massive dump on people that fomo cause of all articles and posts like this. Then legit pump will be in the winter

>>18826761
Why do you think that is retard?

>>18826807
>Do you live under a rock?
How is something executed by computer software postponed?

>>18826835
There won't be a pump . Dump is coming on Monday due to stock market crash

pls vote

https://strawpoll.com/29ps9ypy/r

>>18826835
it's certainly possible

We bull now

>>18826861
Corona is a virus, viruses affect computer software, and Bitcoin caught the virus.

many miners are looking for a way out and this temporal fomo party is perfect for their exit plan

I think the top is in... get ready to sell the news and buy back later at 7k

>>18826916
futures market was invented to lock in profitability for producers

>>18826761
Will dump three days prior to halvening.

Everything thinks its priced in, which means its not priced in. Supply shock will send price skyrocketing.

Is Kraken the best place to buy BTC if not where? Also, where should I store it.

t. someone who hasn't bought BTC since was $400

>>18826994
>dump three days prior to halvening
I am a fairly new investor. Can you please tell me why that will happen?

>>18826861
They wrote the code they can change it to postpone the halveing

>>18826761
i dont think we'll see huge 30-50% pump in a single day for weeks till ath in few months
it will be a slow climb upwards to 10-15k eoy

>>18827048
((They))? What do you mean, who are they?

>>18827033
kraken coinbase, binance are legit. You can store it in oldschool way such us printed keys + pendrive with .dat file or invest $70 in ledger wallet. Its hardware wallet wheere you can store multiple coins

>>18827046
Who are these faggots larping as new investors

And whilst my girlie shakes her head, she sure gets funky :>

>>18827086
Why would you think I'm larping?

>>18827048
This is bullshit. Halving events are hardcoded into bitcoin's code to happen after a certain number of blocks have passed. They can't just be postponed.

>>18827112
Stop it please

>>18827164
t.newfag

>>18827169
Ffs I'm actually new (to investing, not to 4chan) I'm not larping

>>18827046
"The sale will align with the BTC halving"

>>18827046
buy the rumor sell the news

My outlook on what will happen with the price:

Whichever is the strongest move/short-term trend leading up or at the event horizon will be the dominating trend. Either a big dump or a big pump. Once it starts losing momentum, it's going to take a huge pivot and it will average out right around the price where it is right now. Then after a few weeks it will definitely climb.

>>18826761
So half my bitcoin gets removed AND I have the pay taxes on gains if I cash out to fiat? What the fuck.

>>18826905

lol ... new investors eh? These are muti millionaires i bring to you you damn retards. goddamn i hate pol

>>18826761
there's not gonna be a dump you faggots. bitcoin is DIGITAL GOLD. now fuck off. When the stock market crashes, this shit is going to take off

>>18830001
Ah yes, the trustworthy faggot no-one knows with a youtube channel. Beautiful shit.

>>18826761
https://streamanity.com/video/BhFHtpjhxq13XJ this might be the best video on what could happen

>>18826861
ngmi

>>18826861
Yeah halving is being postoponed , not a big deal still gonna moon hard

hashwar 2.0 60% marketwide drop

>>18826761
Ether staking is only on my mind.

priced in

>>18826761
The halving collapse is going to cause suicides. Get ready for sub 1k bitcoin again.

Why isn't this an Ethereum thread?

>>18826835
Plausible

>>18832172
Lmao no
Not even the biggest stock market crash + biggest deadly pandemic in the last century took bitcoin under 4k nigger.

You are going to need a nuclear war or an asteroid to kill btc

>>18832228
Wrong. The virus and economic troubles have created the conditions where the halving at this time is going to be a complete disaster.

>>18827164
Fuckin noobs read the white paper before mouthing your bullshit cuz

>>18832270
>cutting supply by half in an instant is bearish guise trust me

>>18830796
so good they can't even put it on a video host that works?

>>18832396
working for me

>>18832378
It is, the cut is going to wipe out miners and the chain will go into a nose dive taking weeks more than usual to recover, tx’s will take days to complete, the price will plummet to $1k

>>18826861
By delcaring a state of emergency, they have absolute power

Halving's been priced in since at least mid-2019. The market seems 50/50 on whether the new difficulty will kill miners and crash BTC value, or lead to a new wave of interest. Current sentiment seems to be favoring the former, which implies that if the former comes to pass, the downside will be somewhat limited (4k will remain the floor). If miners don't buckle like some think, the downside case is priced out thus leading to a shocking rally for a few weeks (ceiling of 16k).

The week following halving will be interesting.

>>18832422
i edited the link and it worked, then i saw it was BSV faggotry talking about inanity.

>>18832161
Priced in, retard.

>>18832561
dont shoot the messenger. The chain death spiral can happen to any pow coin, especially one that depends on subsidy and that number always goes up. Close your eyes and ears if you wish, but let others learn of the caveats that are out there.

>>18832378
Deflation isn't always good and inflation isn't always bad. You cointards cant seem to understand that.

>>18832685
Yea, when it's circumstantial. And guess what retard, the Dollar is inflating during a global economic crisis while BTC is deflating. Which do you think will be more attractive for storing your value?

>>18832634
>solvable tech problem is deathknell of bitccoin, buy bsv!

>>18826761
Imagine miners don't honor it

>>18832759
And in these circumstances it makes sense for the USD to inflate and makes no sense for bitcoin to deflate.

>>18830796
>shitty “blockchain streaming” site only gives you 5 mins of free viewing
bullish for btc

>>18832798
>makes no sense for bitcoin to deflate
retard confirmed

>>18832899
If the deflation is going to wipe out miners and kill bitcoin then its objectively bad.

finally, i cant wait to get some bitcoins half price

Don't stop shilling to normies. We need them to fomo in to pump the price to the max for us.

>>18826761
$10k is bottom

>>18827033
Gemini Whitehouse grad

>>18832810
dude, do you kno what you can to do with a tech that let you watch for free and then charges you per second afterwards? thats the wet dream of any ethot or any other porno producer... and movie studios... but yeah whatever you go buy BTC if that makes you happy.

>>18833255
lmao shilling your site here you absolute faggot.

the "tech" is not remarkable anyone can do it.

>>18832936
I think you are at least partially correct. I believe some miners will quit leading to more centralization. But that wont happen right away.

>>18832759
This Anon gets it

>>18833349
it is not my site you mong. And oh, do tel me which other crypto has anyhting comparable?

>>18829596
/pol hates you too Shlomo

>>18826761
it's the beginning of the end, lots of miners will be shutting down and after 5 years crypto as a whole will fizzle out

>>18826905
dob geg

>>18833489
No he doesn’t get it. Dollar is not inflating and btc is still inflating, just slowing down in its inflation rate. Literally the opposite of what he said.

>>18833698
WHAT
BITCOIN IS DEAD?!

>>18834045
yes. it's all a gamble that a bigger sucker will come after you.

My opinion is holo fud is the cruelest thing 4chan has ever done

>>18835044
Check em niggers

>>18826761
"Important event"
There's more bitcoin in the hamds of the 1% than there is to be found

You should fear whales, not inflation