/biz/ - Business & Finance

>>18933299
They want to short it into oblivion

>>18933299
the world has run out of alternatives
https://twitter.com/BakktBot/status/1258463241673617413

>>18933299
they want to get in on the free money with halvening :)

>>18933367
>859 BTC
this is fucking nothing

>>18933488
∙ Today's volume so far: 859 BTC ($8.29 million)
∙ Last traded price: $9,655
∙ Trading day progress: 50%
∙ Current daily Bakktarget™: 1174 BTC ($11.34 million)

how many bitcoins are mined per day?

>>18933590
1800

>>18933590
>how many bitcoins are mined per day?
you do realise bakkt is an extremely small part of the traded volume right ?

>>18933590
1h candle on binance has more volume than bakkt

>>18933702
>1h candle
try 1 minute

Isn't this all part of the FED's plans?
1.) Self implemented crisis within shadow government not operating within any nations boarders - boarder states/nations do not have power holdings on them or their plans.
2.) Ensure wide spread panic & propaganda
>People are afraid to interact with one another with the threat of a virus
>Communities break down
>No one works together
>People not meeting means any retail, restaurant, or retail no longer accepts cash due to threat of contracting the virus
>Crash the market
>Print money until its worthless
>Cash become worthless to citizens
>Cash transactions become obsolete ensuring the common man cannot rely on un-taxed private cash flow
5.) Make citizens dependent on the state driven income for life
6.) Introduce a singular digital monetary system that is now working with the world bank/feds
>your bitcoin will become useless or end up partnering with the NWO/Feds
>bitcoin was only a test market for the FED's all along
>Citizens can only access their digital currency by implanting a tracing devise that has access to all assets, your social security number, & eventually access to all things within modern life, tv, your car, your house, your computer, your internet, & even if you may go to your job each day with strange regulations monitoring your browsing history & clinical health

What happens when part of the civilization does not accept this? A parallel society of those who do as the narrative state machine says & those who don't comply.

Those who don't comply will be persecuted by the people on the streets for not complying with measures that are suppose to keep the society "safe from a virus", imprisoned, executed, property & possessions taken away, executed, & most likely some how purposely infected with a real virus one way or another by the parties controlling this.

Silver/Gold as well as bartering with become the main form of income

>>18934059

BCH and XMR are decentralized and can topple a potential FedCoin. But BTC _is_ the FedCoin. BTC was captured by banks and financial institutions early, and crippled in its code. It can only service 0.01% of the world-population without cumbrous second-layer solutions which obliterate privacy and track everything you do.

>>18934283
>cumbrous second-layer solutions which obliterate privacy and track everything you do.
You're saying BTC cannot YET track the cvilians?
I think its on its way though. Perhaps standardization is in the works for a single chip to do this, but not all together there yet.

>>18934497

BTC, in and of itself, can't track you. But when the price goes even to $20,000, you get 100-dollar fees for transactions, and three-long waiting-times. So, in order to use it, you then _have_ to go to Blockstream's second-layer and third-party software to get anything done. That's where you get tracked

>>18934497

BTC, in and of itself, can't track you. But, because of flaws in the code, when the price goes even to $20,000, you get 100-dollar fees for transactions, and three-long waiting-times. At that point, in order to use BTC, you then _have_ to go to Blockstream's second-layer and third-party solutions. That's where you get tracked, and that's why the mainstream media loves BTC, and would love nothing more than for it to be adopted en masse.

>>18934844
>>18934890
I understand now.
That makes sense.
Given the amount of money on hand I dont see myself coming close to 20K within the next year, so I may just end up splitting between BCH & BTC. I'm ok with long term investment on these just to keep in the portfolio.

Im going to have to buy very soon though.

>>18935168

Keep a stop-limit on BTC so you can be ready to cash out when the price begins to crash again. (You can do this on Coinbase Pro.) Ride the wave up, but be aware that, as BTC is an intrinsically flawed product, it _will_ crash. You don't want to be like the hodler victims who are still holding a bag after three years.

THEY'RE GOING TO CRASH IT SOON AS IT PASSES 10K THEN BUY IT UP WHEN NORMIES PANICSELL

>>18933299

Renaissance isn't "jumping in" to Bitcoin, it's an algo shop that holds second long positions, they won't have any let long or short positions over a few days long

>>18935206
True.
If i buy under $0.030(?) with $400 USD I may see a quick investment while holding on to perhaps half of what ever profit I make in BTC.

$400 USD isnt a lot, but its enough.