/biz/ - Business & Finance

>>19880054
Bulltard cope. Crypto is useless and only up cause of tether scam.

>>19880054
The biggest buy signal is literally 2 days away max. I'm very keen

>>19880088
lmao we are in a total global deflation and bitcoin is comfy as fuck , hashrate is increasing after halving , no dump due to shit like the dao hack in 2016 , and fiat supply is increasing non stop around the world , while crypto supply is decreasing.

We are going to the moon

>>19880054
>when fiat starts to collapse
This is some serious hopium overdose here

>>19880088
Normie cope. How does it feel to see your system ending before your eyes but still be in such denial?

>>19880054
>$,9000
>used to be $1
>LOW

pick one.

Buy some LOKI and wait.

Kek, its already starting
https://www.abc.net.au/news/2020-06-12/australia-100-days-out-from-economic-cliff-coronavirus-supports/12345710
Strap in bois

Normies are retarded. They are doing a controlled demolition of the system, you have to be absolutely retarded to not see this

no retail intrest, demand is artificial because of tether. eternal crabbing should tell you everything? Also zoom out. Btc is garbage

>>19880313
Key word here is 'retarded'.

>>19880108
S

>>19880182
BASED

>>19880346
Pretty much
Trump is even talking about an economic reset... The world economic forum too
Of course they blame is on coronavirus and global warming KEK
Definitely not the rich fleecing the sheeple for everything ... Who cares fuck the goyim they are braindead

>>19880054
December 2021
140k $
screencap this

>>19880121
The CIA literally already has a plan to stop crypto from taking over. You're retarded if you think governments are just going to let fiat die and be replaced with crypto. Absolutely retarded. $0 bitcoin in less than 2 years. The charts never lie.

>>19881516
Woke

>>19881516
Based Mayan doomposter

> and the usual safe havens like gold, crypto, land, will come into play.

Only one of those things held its value during the corona panic. If you think crypto would survive youre out of your mind.

>>19882674
>it happened once that means its definitely going to happen forever
cope

>>19881526
I dont believe that.

I think that there have always been contingency plans to keep society running. Mt weather, for continuity of gov is one example.

Did you notice that when war with Iran started to become a possibility and Coronavirus ramped up, that all those starlink satellites got launched? I think it was some sort of contingency for internet to stay up.

Crypto is the back up currency for the globalized economy we are in. They would let it thrive if things got bad because then they could release a digital dollar on ethereum.

>>19880104
You know about the FUND news coming out too?

>>19880054
What the hell man...
I thought this was a believable BTC hopium post, not this delusion.

As a BTC holder, dopamine has been running really REALLY really low. Any form of halving pump is LONG overdue... almost all previous halvings had a pre-halving pump, and price just rose continually after.
Never have we gone into a halving with price action this bearish.
We are literally at the same price it was a year ago.
Every pump is slow and weak, every dump is quick, violent, and gigantic, and every pump is slammed down with a huge dump.

I dunno, I was expecting a more realistic, more reasonable hopium, and not delusion like "USD collapsing". To be honest, I don't wish to encounter that event in my lifetime, it might be bullish for bitcoin long-term, but that's gonna cause massive chaos in the process. Going to make covid look like a joke. The recent riots would look like friendly gatherings.

I just want some form of assurance that the stock-to-flow meme chart still has even one or two bull cycles left in it. And that bitcoin going to $1MM isn't just because a loaf of bread now costs thousands of dollars. That I get to be a millionaire without the economy collapsing.

>>19882860
>As a BTC holder, dopamine has been running really REALLY really low. Any form of halving pump is LONG overdue... almost all previous halvings had a pre-halving pump, and price just rose continually after.

Nonsense the halvings had crabbing for 6 months afterwards ,minus 2016 that had a dump due to the dao hack fucking the ecosystem.

Then after 6 months the bullrun started.

>>19882860
>Any form of halving pump is LONG overdue
let me guess, you've been in crypto for less than 3 years? just fucking keep your btc locked away and forget about it.

Crypto is not a safe haven you fucking retards. Bitcoin is so flawed, it have literally 0 chance of long term survival. Bunch of retards in here that don´t even understand the tech and how flawed both the bitcoin and etherum code base is. Fucking retards

>>19884075
flawed my ass

"As security researcher Dan Kaminsky explains, Bitcoin looks like a security nightmare on paper. A C++ code base with a custom binary protocol powers nodes connected to the Internet while holding e-cash, sounds like a recipe for disaster. C++ programs are often riddled with memory corruption bugs. When they are connecting to the Internet, this creates vulnerabilities exploitable by remote attackers. E-cash gives an immediate payoff to any attacker clever enough to discover and exploit such a vulnerability. Fortunately, Bitcoin’s implementation has proven very resilient to attacks thus far, with some exceptions. In August 2010, a bug where the sum of two outputs overflowed to a negative number allowed attackers to create two outputs of 92233720368.54 coins from an input of 0.50 coins. More recently, massive vulnerabilities such as the heartbleed bug have been discovered in the OpenSSL libraries. These vulnerabilities have one thing in common, they happened because languages like C and C++ do not perform any checks on the operations they perform. For the sake of efficiency, they may access random parts of the memory, add integers larger than natively supported, etc. While these vulnerabilities have spared Bitcoin, they do no not bode well for the security of the system."

Blockchains have some good usecases and a future for sure, but crypto in it´s current state is a huge scammy market, that attracts the bottom of the barrel humans. Scammers are running rampant, big exchanges wield huge power, and the market is extremely overvalued. It will crash hard one day, it always does. The bitcoin bottom is 0, realize this. Btw, Mt Gox will dump thousands of bitcoins soon, and idiots here are buying now. HAHAHHAAHA. Crypto community is literally the stupidiest group of people ever, with the exeptions of a few who pump and dump, making millions. The world is not ready for crypto yet. World IQ is decreasing every year, and you think crypto will be adopted lmao. Like low iq niggers give a shit about your decentralized cencorship resistant magic internet money.

>>19880182
>Australia
>relevant
Choose one

Just realize that new minor updates to bitcoin leaves it vulnarble to bugs that could harm the network tremendously. One bug could literally kill the entire network, and drop the price 90%, and you have no control over it. It hasnt happened yet, but it can happen in the future. Bitcoin is built on outdated mediocre code. The foundation of bitcoin ain´t that strong. And the flawed codebase is just the tip of the iceberg. If you believe bitcoin will have long term success, you´re a brainlet. Whales are just keeping it alive for as long as they can make money on it. Once they decide to pull the plug, it will dump 99% in a few days. Btw volume is low, and liquidity will onlly get lower. This is how bitcoin is designed. Close to 4 million bitcoins are already lost, and many more will be lost, which will affect liquididty in the long run. Not to mention higher fees to replace block rewards, reducing on chain transaction, making liqudidity even lower. LN, segwit or wrapped bitcoin tokens are not fixing the underlying problems at all.

>>19881516
$140k for gold? Will never happen. It might hit $3k by then though

>>19880054
Imagine having to use gold as a symbol to actually give your shitcoin value