/biz/ - Business & Finance

>>23732059
You're not a true BTC maxi unless you're longing 10x you utter faggot.

haircomb is bitcoin itself, but simplified to its essence. you see, the "coins" in bitcoin were extraneous. the blockchain was the only interesting part. everyone knew this early on.

>>23732840
Seethe more, cry more , cope more .

>>23732840
>You're not a true BTC maxi unless you're longing 10x
you are just a retarded gambler

>don't even own 100K
>LOOK AT ME IM A WHALE XOXO

>>23732059

I don’t have nearly enough. Fuck my life

>>23732867
>>23732879
Cope more.
Maybe in 6 years you'll be able to buy an apartment if BTC's bubble doesn't crash this cycle, lol.

These are the kind of people that are into crypto, idiots who treat it like it's gold.
Go buy XRP while you're at it, faggot.

You don't belong in this world unless you can pull off a 10x in 1 month with penny stocks or crypto.

>>23732936
You’re the type of low IQ fool who bets their life savings on an election. You’ll Get wrekt sooner or later, have fun with your penny stocks

>>23732925
One is enough to enter the Citadel, fren.

>>23732059
nice stack. recently lost 0.5 btc, now down to 6.5, I'm seething.

>>23732059
Never sell anon, this will be greatest financial decision you'll have ever made. BTC is digital gold. Constitutions, people are just recently starting to adopt.

>>23732936
You're a fucking retard

>>23732936
>Cope
>Go buy XRP
i have 21 BTC retard, and i'm not going to gamble them

>>23733026
Lol. Based Anunnaki poster

>>23732059
That's all? Lunch is on me if we hang out some time.

>>23732976
I came so close to doing that. If my laptop hadn't burned out and if the mfr repair center hadn't taken its sweet time telling me that they no longer had parts for that model, I would've put a bundle on BetMoose and lost it all.

lol at the salty altcucks.
Get rekt, pooniggers.

>>23732936
Hello, Wojak.

>>23733065
>dont backup crypto
>use a laptop for gambling

>>23732840
Its all fun and games until you get an unexpected 20-30% pullback and get liquidated because a regular 10x in a year just wasn't good enough for you.

Are there any serious disadvantages to leaving your coins on an exchange instead of putting them in a hard drive wallet?

t. 3.5 BTC noob

>>23733002
Less. The limit for coins is 21m.
If there are 7 citadels (one for each continent) and each have 12m people, you only need 0.25 to enter.

>>23733159
Put them in a ledger wallet in cold storage. Exchanges can get regulated, hacked, etc. And you could lose all your coins.

BTC hasn't even started pumping yet.

>>23732844
Virat Kohli toungue my anoos

>>23733159
I lost 80k worth of crypto when cryptopia got hacked.

https://blog.idex.io/all-posts/a-complete-list-of-cryptocurrency-exchange-hacks-updated

An exchange is not like a bank. There's nobody to call and no government to reimburse you when they get robbed. Your crypto is just gone, poof.

>>23733278
I lost $2500 in BTC when BMR2 exit scammed in like 2013

I wish I were a maxi right now

>>23733045
congrats bro

>>23733301
It's still early fren. BTC has a lot more way to go

>>23733301
Get involved. BTC going to $140k by September 2021

>>23733301
You still can jump in.
If Biden wins, ATH might happen this year.

If I wasn't a greedy cunt and went into safe btc, I would have been 40% up.
Meanwhile I'm on 50% of my initial investment thanks to shitcoins.

>>23732059
nutildah

>>23733435
Shitcoins are for quick gambling, nothing more. Stuff like LINK is the rare exception; almost all shitcoins gravitate towards zero after one or maybe two pumps.

BTC may be boring, but it's the way most of the rich crypto people got their money

>>23732059
you had 12 years to get 21btc.

>>23733164
mud citadel in africa?

reporting to the citadel club

>>23733045
>>23733033
>>23732976
>>23733002
COPE you're as delusional as the XVG holders.

>>23733557
The suicide stack was always 10000 and the make_it stack was always 100,000 sorry that you're so late to the game that you consider 21 a high number.
You're the same kind idiots who ruin the economy by consuming and nothing else. Get some serious cash and create jobs, you retards. The world's wealth is a quadrillion trillion.
Do you have no aspirations to start your own multi-national company at the very least you fucking NEETs? And here I am planning on a country.

>>23732059
2.1 is enough to make it?

>>23734336
Yes fren welcome to the Citadel.

>>23734336
anyone with one (1) whole bitcoin is welcome

>>23732840
Heh. So this is what happens when they dont get their HRT dose in time

>>23732059
I wish I had 7.72670384 BTC

>>23734844
What about if I only have a little bitbitcoin?
will I be allowed in?
Even just to the garden outside?

>>23735033
You'll be living in the slums around the Citadel - still way more comfy than any place in nocoinerland.

>>23735079
There'll be slumhoes
Providing I don't run out of penicillin it'll be ok

>>23732059
>>23732925
>>23733557

Guys will I make it? I still have constant anxiety about making it and I am working 60-70 hours a week cucking on Amazon.

>>23733002
what's this citadel you're talking about? can I join?

>>23735408
you're doing better financially than a lot of retired people right now
and fucking A, with a 5x you could easily have that fuckyou money to coast until you get a more comfy job
imagine if it goes 10x, too

>>23732059
>only 7.7

pathetic

>>23733159
government can take them dumbo

>>23734003
Damn, all that money from longing btc and yiu sound so lonely and angry.

BTC maximalist here. I'm not even excited yet. BTC hasn't done anything at all these past weeks.

>>23732925
based

>>23735639
kek. this. take medication OP.

>>23736651
more cope.

I have 5 BTC, average buy in was $7100 from just buying it monthly.
Tell me I'm going to make it frens

>>23736777
Checked.
You have the blessing from Kek himself.

>>23736688
me or you?

>>23732840
>>23732936
>>23734003
Shut the fuck up you insufferable poor faggot. Any btc maxi here has more family than you and your entire degenerate family. Now get the fuck off this website and go cry in a corner where you belong.

>>23736944
why would I be coping? I've gained 7 grand today alone just sitting on my ass with BTC.

>>23733278
looked into their website to get a good kek

Maxi-hood is the degree you get after being in crypto for at least 3 years

>>23733021
I lost 35% of my stack trading shitcoins

>>23737024
I was on your side, you insecure brainlet. I was REFERENCING the OP of the COMMENT.

>>23732059
congrats, in 2023 it will be worth almost $2M
screenshot it

>>23737921
Lost 90% btc value longing shitcoins

>>23738714
who cares about btc value, only usd value counts

>>23736777
Yeah bro you're making it.
I wish I could get to 10 BTC but I don't think that's going to be possible with my income.
Biden going to print us to the fucking moon

>>23739062
cringe
>>23738714
repent

Bitcoin is fundamentally flawed

>>23733026
It´s shit. And fundamentally flawed. Bitcoin will go to zero. Token distibution sucks. One dude and his friends own 20% of all btc in existence. KEKS all of you

>>23735408
How did you start what was your initial invest

>>23732059
I was shorting so hard.

>On the Instability of Bitcoin Without the Block Reward
https://www.cs.princeton.edu/~arvindn/publications/mining_CCS.pdf
The most in-depth paper written on bitcoin EVER
Princeton university

>Beyond the doomsday
economics of “proof-of work” in cryptocurrencies
Monetary and Economic Department
https://www.bis.org/publ/work765.pdf

>>23739208
who is this dude and his frens

>>23733159
Just put them on a massive exchange like coinbase
It’s more likely your hard drive will get fucked than coinbase getting hacked

Sitting semi-comfy @ 3.02 BTC.

Kinda thinking of swinging one in the coming correction, but at the same time dont want to lose my 3btc position.

>>23739234
Scary papers anon

“Impact on Bitcoin security. If any of the deviant mining strategies we explore were to be deployed, the impact on Bitcoin’s security would be serious. At best, the block chain will have a significant fraction of stale or orphaned blocks due to constant forks, making 51% attacks much easier and increasing the transaction confirmation time. At worst, consensus will break down due to block withholding or increasingly aggressive undercutting. This suggests a fundamental rethinking of the role of block rewards in cryptocurrency design. Nakamoto appears to have viewed the block reward as a necessary but temporary evil to achieve an initial allocation of bitcoins in the absence of a central authority, with the transaction fee regime being the ideal, inflation-free steady state of the system. But our work shows that incentivizing compliant miner behavior in the transaction fee regime is a significantly more daunting task than in the block reward regime.”

>Written by phd´s in computer science and economics. Bitcoiners can’t refute this fud, lol. These academic papers prove that proof of work will not work longterm.
Another weakness is the lack of on chain governance, which results in huge governance and coordination problems, and limits innovation.

>>23739286
Put them on a hardware wallet and back up the keys goddamn

The dump just got eaten up like nothing....

Still got my 10 BTCs and I swung quite a lot into alts during the peak of the last cycle and got utterly fuckin rekt, so hopefully some of them pump back up.

i’m a long term btc maxi short term shitcoiner how do i cope

if you dont have atleast 21 bitcorns, u should stick to shitcoins to double and flip ur btc.
also bitcoin is just gas for haircomb.
not many understanding this

>>23739318
There's no resistance until ~20k.
I think I'm just going to buy up until 20k or so, maybe even 30 and from there just stack cash and wait for 30% pullbacks to buy in.
>>23741131
I don't care about shitcons I'm sticking with boomer coin

Lost .5 BTC to SXP scam. It’s a bittersweet feeling watching this but I can’t help but feel left out. I still have 60 ETH and 3.35 BTC but damn...

How do I cope bros?

>>23742383
Nigger I lost a total of $10k to dark web shenanigans when BTC was like $200-$400. If I got over it you can get over it. Just make more money, there's plenty of it out there.

>>23732059
you're not a true BTC maxi unless you have half your stack on BTCX

>>23742383
long bitPro

>>23741131

PARKLIFE

>>23742249
>There's no resistance until ~20k
Does not matter at all. If the stock market crashes so does btc.

>>23743811
That's not how it works.

BTC crashed in march because of a liquidity crisis, not some brainlet "btc tracks stonks" meme.

>>23743867
>BTC crashed in march because of a liquidity crisis, not some brainlet "btc tracks stonks" meme.
In any actual market crash all assets become highly correlated, including gold and bitcoin. There is no fucking "safe haven" except for maybe managed futures if you want to count that. Nobody is going to hold bitcoin if we get another -30% in spx with vix touching 80

>>23743942
Once again, this is only true in a liquidity crisis

>>23744000
The point is that it is retarded to think btc must continue higher just because
>muh no resistance until 20k

>>23743811
Actually I was wrong anyway there is some resistance on the way especially at 18k. Plus there could be a likely re-test at $14.2k

>>23732936
youre retarded. since 98% of the people out there cant trade worth a fuck, using leverage trades or picking a low cap shitcoin because "it has a solid team, does x transactions per second, or cause some ripple riddler faggot calls for all these world currency conspriacies as better investment advice than simply stacking some sats truely means you currently dont belong or matter in the world currently and more so in the future. real talk real facts

>>23733557
based

>>23732059
Will I make it, waiting to scale into larger positions of ETH and LINK, maybe RSR thats it thats all

>>23733557
This doesn't add up, not your pic
>$8,830 BTC
It's almost worth double now. That anon is comfy af

>>23735018
There will be another bullrun and crash anon. Dont give up, getting rich isnt a fast game. Some anons been here since late 2017 trying to make it.

>>23732059
2btc poormaxi here

still comfy

>>23744128
>e is some resistance on the way especially at 18k.
Thats what i was thinking too. Pump to 18k, retest some lower amount, 14k is possible. Then shoot up to 20k 6 months later and dump immediately as bagholders exit before we truly begin the bull market.

>>23744442
a 20% drop at $18k would bring it to $14.4k and a 30% drop would bring it to $12,600.
I won't mind buying in again at either one of those or something inbetween.

Pajeets can literally not post this meme

>>23744194
RSR? lmao. I'm the one who created most of the fartless bean memes (and was in the original anon's insomniac fud thread).

It's a pretty shit project overall. The founder even went on record at london school of biz when asked what happens when people want to short the token he said "well we adjust the peg and print more". fucking kek. unironically do the opposite of /biz/. buy ZEC. Grayscale is going to pump it to the moon soon.