/biz/ - Business & Finance

>>19081826
Fuck no

>>19081839
You better be well on your way to at least one (1) anon. Time is running out.

>>19081850
Fuck no

>>19081882
let me guess you are all in either BSV or link

>>19081906
>BSV
Fuck no

>>19081922
Stay poor midwit

I own 0.04 BTC

>>19081826
I want to see your face when bitcoin crash to 3k after all the normies are in and tether bullshit is busted.. .Is going to be glorious..

>>19081826
2.2BTC since $2000/BTC

>>19081936
>Stay poor
Fuck no

>>19081990
Stay poor midwit

>>19081948
crazy thing is nigger id still be in profit so idc. also good luck with tether crashing when the gov has bigger issues for example printing endlessly itself btc is the gold in this scenario and tether is the fed now stfu and enjoy staying poor

>>19082003
>Stay poor
Fuck no

>>19082007
>btc is the gold in this scenario
Fuck no

>>19081826
No, I don't.

>>19081826
>Didn't buy BTC in the middle of March for ~3k a piece because I thought it would go lower

>>19081826
I've got 5 btc worth of link

>>19081826
got about 10

>>19081964
you'll make it, millionaire in a decade or so.

>>19082011
Stai poor midwit

>>19082276
Fuck no

>>19082310
Midwit

>>19082313
Fuck no

i own 9600 USDT though

>>19082365
>he tethered
pomp et

>>19082378

>>19081826
0.5 is enough to be life changing money in 3 years

10+ is possibly making it

>>19081850
This but unironically

https://bitinfocharts.com/top-100-dormant_1y-bitcoin-addresses.html

Market is devouring them

>>19081850
>>19082423
No, i'm not FOMO'ing in

>>19082412
kek she’s the archetypical russoshit millennial thot

reading this makes me think andreas shills small blocks on biz https://www.courtlistener.com/recap/gov.uscourts.flsd.521536/gov.uscourts.flsd.521536.500.6_1.pdf
he is absolutely squirming

>>19082358
Midwit plebeian son of a bitch wage slave

Let’s be civil with something that never sparks debate, price predictions EOY?

>>19082452
Fuck no

>he doesn't own BTC

>>19082457
$25,000

>>19082457
My guess 20k EOY, 200k+ top EOY 2021.

I see normies starting to talk about btc all around me. Lots of people buying their first sats, lots of people contemplating it. Especially with physical gold sold out everywhere.
Discussion about btc on normie news sites starting to become contentious, where before everybody would just shit on btc. Reaching new ATH will create madness. In 5 years not owning any btc will be generally considered a true mark of a poor idiot.

>>19082650
>In 5 years not owning any btc will be generally considered a true mark of a poor idiot.
Fuck no

>>19082459
Yes

>>19081826

>>19082682
Fuck no

>>19082650
>I see normies starting to talk about btc all around me
This isn't 2015 anon

>>19082650
>My guess 20k EOY, 200k+ top EOY 2021
Anon, it’s 2020 not 2017

>>19082650
Nah, the only value btc has is that you hope someone pays more for it.

LADS
when should I sell?

>>19082740
>BRRRRRRRRRRRRRRRRRRRRRRR
BRRRRRRRRRRRRRRRRRRRRRRRR
>BRRRRRRRRRRRRRRRRRRRRRRR
BRRRRRRRRRRRRRRRRRRRRRRRR
>BRRRRRRRRRRRRRRRRRRRRRRR
BRRRRRRRRRRRRRRRRRRRRRRRR
>BRRRRRRRRRRRRRRRRRRRRRRR
BRRRRRRRRRRRRRRRRRRRRRRRR

I own bitcoin yes
The thing is...should I sell at 10k?

>>19082847
Yes. Keep selling.

>>19081826

I just sold like 12 because this hype train is going off the tracks, straight into a ravine. Soon.

>>19082847
>Selling now as we have literally just passed the marker that fundamentally indicates a bull market.
sure man do it.

>>19082894
It's litterally just 1 whale buying if you see the binance orders

>>19082740
Daily reminder, '17+ fags opinions are worthless

>>19082917
good i'm from 2012

>>19082715
>>19082716
Your point? It takes multiple touches to go from ignorat normie to curious normie to cautious buyer to hodler. People who first learned about btc in 2017 will become curious or first time buyers in 2020-2021. Thats a lot of people.

>>19082740
Your ignorant opinion is irrelevant, it will only impact yourself.

>>19081826
I'm so fucking mad I bought at 9950

>>19082894
Nigga, bitcoin has been over 10k just 8 days the last 500 days.

>>19082909
tfw it's John McAfee

>>19081826

i own 5.48. i'm pretty happy about it but my $2400 trumpbux showed up too late to get some more. literally got them cleared into coinbase pro on the day we shot up from $7000 and never went back.

>>19082930
Buy high sell low

wait a minute, no teveryone on biz has at least one btc already?

>>19082991
No, it's a ponzi ride it when it's low sell it when it's high

Wtf just happened

>>19081826
I'm stacking ADA because I missed bitcoin at 1$, but ADA will make me rich.

>>19083022
hedge funds scalping, they must learn do hodl yet

Bros is it over? Is it happening?

He made the call...

>>19083059
anon, I...
>>19083066

>>19082975
I never thought I'd be retarded enough for this meme to apply to me.

>>19083111
congrats. Welcome to /biz/

>>19083111
certified big brain

>>19083131
>>19083145
I haven't sold yet though. Gonna HODL. I didn't invest nearly enough for it to be a problem.

>>19083184
yeah, it's not low enough to sell yet

>>19083184
if you can afford it, I'll give you the same advice I give everyone else.
Pull any bitcoin you own off the exchange into a personal address that only you can access. do NOT leave anything on the exchange or you will get exit scammed in the future. Secure your bitcoin then sit on it for 5, 10, 15 years. However long you're comfortable with. If stock to flow models are correct, you will be able to retire in the future with even a little bit of bitcoin, and it's a hedge that's worth considering.

2,1 BTC make it tier
21 BTC fuck you money in a few years

>>19083203
Where do you see trillions of dollars coming from?

>>19083204
im trying to get to 21 somehow, im at 17, need another drop to 6k

>>19083203
source: my ass

>>19083059
I witnessed this with my own eyes, if this was possible to happen in seconds imagine what else would happen in the next few hours to follow, we'll be below $9k

>>19083226
trillion market cap doesnt equate to trillions going in, but basically all the big traditional investors are adding btc and advocating their clients to have a few % in btc

>>19083226
people who buy bitcoin now and in the future will be people who want to hedge in something completely disconnected from markets and fiscal currencies. South Korea suddenly unbanning bitcoin right before the market shit itself a few months ago is a good example of this.

>>19083247
Yes, but i mean, it's not like bitcoin is unkown like it was in 2015. Everybody and their mother heard of bitcoin or has/bought some in the past. In 2015 it was clear it was going insane. But it's not revolutionary anymore, not new. There are 5000 useless ERC tokens deplating the money flow.

I'm a bull because of limited supply though, just thinking out loud here.

>>19083203
Once regulations are put in place the crypto market will collapse.

https://www.lexology.com/library/detail.aspx?g=78ca0db6-1a16-43f8-8dfe-f574d4638ab6

If stable coins were to be banned or regulated that would be very bearish for the whole crypto market. If it wasn't for Tether, BTC wouldn't be where it is at today.

>>19083246
Yeah, my heart sunk when in a moment the price dropped almost 1k...

>>19081826
I'm all in LOKI and gaining against BTC. Enjoy your boomer-tier money. Might as well enter the stock market.

>>19083203
"few years" more like a year or two before we see regulations put in place, hedge funds are not advising their clients to make crypto currencies investment, they won't dip their toes in anything that is not regulated.

>>19082740
Isn't that the definition of any kind of investment?

>>19081948

Yeah meanwhile it will have pumped to 100k by then we sell and you miss out on all that easy money

>>19083311
No, if we take publicly traded companies for instance you could value how much their company is worth based on the balance sheet, how much profits they're pulling etc.

BTC is really built on hope, but brilliantly built.

I never bought crypto in my life, but I'll buy 1 BTC if it ever comes back below 5k.

>>19083287
I have no idea wtf you're on about.
Bitcoin is the only cryptocurrency that serves the purpose it itself was designed for, a scarce cryptocurrency. There will be infinite altcoins and shitcoins in the future. People don't want silver, etherium, palladium, litecoin, platinum, ghost, rhodium, ripple. They want gold, they want bitcoin. I do not believe in any cryptocurrency other than bitcoin.

>>19083326
Yeah but at the end of the day the only reason you're buying it is the hope that someday you can sell it for more. No one would buy it if they thought it would be sold for less than they bought it in the future.

>>19083311
Not really, you can get dividends

I just sold EVERYTHING and I suggest you do to
The dream is over

>>19083359
It is built on hope. I remember reading the statistics of several crypto coins and it was less than ~10% that are utilizing the tech that Bitcoin has to offer.

An asset with less than 10T market cap can not be described as a store of value, due to how volatile and easily manipulated it can be. A store of a value is supposed to not depreciate as easily, maintain its value in the long run and not being volatile.Liquidity plays a role int his as well, the easier an asset can be liquidated means the more volatility. If a country had their local currency being Bitcoin it would be chaotic.

>>19081826
Nah I'm broke as fuck but I managed to convince my folks to put some money in crypto back in 2017 and they got about 1.2 BTC and a small stash of LINK.

>>19083359
Yes, that is the function of a store of value. A monetary good that based on its properties can be expected to preserve its purchasing power into the future. Has bitcoin preserved its purchasing power over any 3 year span? Yes, more than preserved. Only put in what you dont need to access for 3+ years.

>>19082709
I dislike your opinion but I like your style

>>19084008
style is based too bad he’s a staypoor. it’s not too late

>>19083276
Its not like it needs to be a secret, yes most people heard about it but 99.8% of the world still never touched it. Hash rate all time high. Dormant wallets all time high, anyone with a half a brain can see we will be extremely rich by 2030. Who cares about swings in between

>>19084697
This. All central banks have to do is keep printing.

the sweetest thing about btc is that 95% of biz who have been in crypto for years now still dont understand it even slightly. They keep spouting nonsense about transaction fees.

>>19083300
I'm not sure if this counts as "dipping a toe" but hedge fund managers are talking about btc

>Popular Hedge Fund Manager Paul Tudor Jones: 'Bitcoin Reminds Me of Gold Back in 1976'

>>19081948
>normies are not in
>tether fearmongering like it's 2017
kek

Somebody explain to me how bitcoin works.

If I pull 10k out of my saving right now and buy one, and the price rises above that initial investment, all that is profit right? Just like regular stocks?

Is it really that simple?

>>19085616
you put money in
and what the chart go up

>>19085626
So I could just daytrade BTC then? Just buy one and resell after a few hours back to back? Is this how you people are mooning?

>>19085616
OP here, its literally like converting USD to another currency except the currency you are converting it to is unbelievably scarce and you can't print endless amounts of it. So yes if it goes up and you sell it you get your initial investment value back + profit

>>19081826
Yes sir.

>>19085747
Minus fees which everyone charges you out the ass for

>>19085852
Who does that? Does Robinhood do this?

>>19085852
Also what exactly is "halving"?

>>19085675
ye you just make money
it is easy

>>19085880
>Robin hood
Not everyone is a yank

>>19082438
Citadel isn't for everyone.

>>19085951
Well give me an alternative, I also use Webull.

Would it be better to buy ETH in mass or just buy one single BTC and wait?

>>19085675
>So I could just daytrade BTC then
You can try man, but it's so volatile in daily price action it's difficult. Its better to buy and hold

>>19085983
There are no alternatives, everyone will charge you at least 1.5% to cash out

>>19085995
It was only at 8k recently, close to 10k now, I think its reasonable to believe it will just fall back down, that would match its trend within' the last few months, but whats the best way to track when it might rise and fall?

>>19086049
BTC won't stabilise above 10k before 2022, until then it's going to be one hell of a Mr Bones' spooky ride.

>>19086167
Exactly why I think it might be a good time to get into it, the high increases and declines could make for good fast turn arounds besides the fees. I just don't think I'd buy into it until it was near 8k again.

So what is the best platform to trade btc with minimal fees?

>>19086215
I think it could feasibly drop to the 6-7k range once or twice more in the next 6 months but that's going to be the last chance saloon for anons wanting to wear a pair of big boy pants.

>>19086269
>trade btc

Wrong.

>>19086007
Hellish.
All market trades for fiat I pay .01%

>>19086294
Buy and hold then idk

>>19086274
I do wonder though if I invest big, should I just go with something like Tesla or Amazon. Right now my portfolio is diversified across multiple companies. Plus another 126 I have in FSM with webull

>>19086383
Anything you're thinking of putting into Amazon or Tesla put into Denbury.

>>19086447
hmm what makes you say that?

>>19086447
And copper mining

>>19081826
Had 6 btc during the top of the bullrun. Then COSS and Request left me bagholding and now I have 1.1 btc.

>>19086528
I wish I bought more HAL the other week when it was like 4 bucks per.

>>19086542
Have you learned your lesson about shitcoins? They are created to steal your bitcoin. All of them.

>>19083226
hm lets see
gold
fiat value
derivatives
settle the nightly
a means of proof of svoering wealth to attrack investment.

that should get us about 100T

>>19086480
Have you looked at the DNR 20 yr chart? I completely get not wanting to be an oligarch.

>>19083287
>https://www.lexology.com/library/detail.aspx?g=78ca0db6-1a16-43f8-8dfe-f574d4638ab6

tether killed x number of other stable coins stake its place

>>19086664
I'm obviously pretty new to all of this haha, for the most part I've just been sticking with better known companies that have since dipped when the rona' madness started. I've been pouring a lot into a silver and gold prior to that. I just sort of want to do something different with whats in my savings.

>>19086765
Tesla and Amazon are meme stocks that will blow up and you'll never see it coming. US oil is on life support but they'll never pull the plug. Get into US oil now and you'll see a miracle like Jesus arisen.

>>19086840
Yea, thats why I got into HAL and Marathon, both of those I'm getting a pretty good return from. So far HAL has been the biggest.