/biz/ - Business & Finance

>>24027864
>babby's first into crypto

NGMI

Safe haven asset

>>24027864
Snowball effect coming up to Christmas.

>>24027864
aww did bobo get a booboo

1. the halvening
2. institutional adoption
3. USD inflation
there's THREE reasons now please delete this thread you faggot

>no one could predict this
they fucking did you moron. literally just look at the charts. it's painfully obvious what is going on right now.

>>24027864
>complains to strangers about his life
you had 10 years, but you fucked up

>>24027864
>pump
>dump
what's hard about this?

>>24027864
we've been talking about this shit on here for more than 4 years and now you're asking this? it's too late now boomer, i kept making fun of people that don't have atleast 21 btc but soon you can make fun of people that don't have more than a single btc cause this shit's pumping hard

I predicted this perfectly, its been following the same log trendline for over 5 years

>>24027864
pic related

>>24027864

LOL simply say you don't own any shit ton of coin and rest dfkm

Election year, pandemic year, distant drums of coldwar and climate change. Tzeentch rising.

>>24027864
Everyone predicted buttcorn would rise to $20,000 eoy.

>>24027864
The great reset is coming with Bitcoin as the the new global reserve currency. /thread

what is stock to flow?

>>24028419
>whats a 10 yr roadmap

>>24027975
that's not how it works, I got in bitcoin in 2018 and as you know poor as fuck, I only were able to buy around 0.2 btc, for me to get one single btc would've been impossible at time, too poor..
Anyways hope you succeed in life anon.

>>24027975
it’s not too late though, especially for bitcoin options trading, ledgerx opened in 2019.

>>24027881
Yeah it's a real safe haven since it crashed to the floor during Corona like everything else.

>>24028049
Except when it didn't.

>>24028226
Yeah that's why it should be crabbing hard, not spiking based on a bunch of uncertainty.

>>24027864
There is none. Remember when they looked at the last bull run and concluded that one whale orchestrated the whole thing? Pretty much that again. Crypto is just a novel global money laundering tool.

>>24028627
That's not what he meant anon, (You) have control over your money with bitcoin. How long will it take retards to understand the value of that holy moly. Big money finally gets it and are acoomilating, which causes everyone else to do the same.

>>24028742
I don’t think Bitcoin will go too much further because anyone who isn’t an institutional investor realizes when the line goes vertical it flips in the other direction immediately downward as those with computer algorithms manipulating it are first to sell.

It’s a means for the rich to get richer and flip bags on morons. Anyone who thinks of Bitcoin as this cyberpunk store of value which will always increase in value is ignorant of institutional money promoting 1 million dollar bitcoin left and right and then flipping bags on latecomers.

May reach ATH. May not. Tripled my money this round. Market is too volatile for greed, currently. I’m good.

It seems to me, the prospective project is seen by the pre-sale results. I invested in Dymmax (dymmax.com) because the team has collected 1 million dollars for the private sale period!

>>24028835
They already accumulated idiot. Now they’re telling others they “finally understand” and getting people to flip their bags onto. Stock to flow only makes sense if normies have only been scammed once. They already ripped off everyone with this “paradigm shift” ideology and then sold their shit with computer algorithms onto dummies cheering over and over again and looking at stock to flow.

These models only work if a market is not HEAVILY manipulated by big money. Bitcoin is just a way for the institutionally wealthy to exploit the common man at this point. Why do you think Elon Musk is telling people to long it?

numbers go up, numbers go down
this will go down just like all the others, but it might take time or something big.

>>24028978
>elon musk
i was following you until you said that
retarded normie

>>24029040
That’s exactly my point, though.

>>24029014
Well the truth is that if Trump ends up flipping the election and winning, commies will burn down half the country. If Biden remains president elect as he is now, commies will burn down half the country but at a much slower rate while stripping it of its rights and selling it to China.

This massive spike is incredibly suspicious and I would never FOMO in at this point. A crash is inevitable.

great reset
usd is trash
btc 100k + in 2 year

>>24027888
Trips confirms.

Add to those the increasing ease of access for normies thanks to PayPal finally letting people denominate their accounts in BTC. That means PayPal will be buying it, just like Grayscale has to buy it in order to offer GBTC without getting its ass shot off by the feds, just like Square buys it for people who purchase it via CashApp.

Sure, it's "custodial". Not everyone is capable of understanding how to secure Bitcoin. They do stupid things with it ranging from losing the paper they wrote their keys down on to posting the keys on the internet when asking questions. PayPal protects the stupid from themselves and allows the stupid to own Bitcoin too.

>>24027864
its haircomb
duh

>>24027864
you have to be ignoring the news right?

>major corps putting there cash in it as reserve
>paypal
>iran
>multiple hedgefund buying massive amounts. Grayscale for example has in recent past bought ALL the mined ether in a quarter
thats 3 right there.

>>24027864

fucking use a modicum of brainpower and figure out the difference between 2017 and now

>paypal now has crypto sevices
>goldman sachs is saying to buy bitcoin
>we're in the middle of a global pandemic that is fucking the economy
>lots of uncertainty about the US dollar and threats of globalization
>holidays coming up

jesus fuck, some of you don't deserve to make it

>He thinks there needs to be a reason
kek, if you want a reason so bad it's people wanting another crypto bullrun in conjunction with whale manipulation

Let's just hope all the newfags know how to tell if the whales are going to dump or not

>>24027910
OH fuck gold bugs, it might be because comex has no more metals. The next best asset is crypto, Jesus fuck

>>24030250
>Usd is trash
>Btc to 100k usd

Just fucking lol. Usd is so trash but all you faggots can't wait to sell your bags back to usd

>>24031210
Are you really that retarder? Can't you see it is talking about value and not willingness to exchange it directly into dollars? You can buy a shitton of things with bitcoin directly but the thing is that it is a way of measuring value, fuck off

>>24027864
Back a month ago when bitcoin was at like 11k a good amount of whales and satoshi-era bitcoins started to move and the price didn't go down so it means ghey were expecting it to go up is a shame that not many were able to find that out in time

>>24027864
it's just like every other rally, 0 real reasons just some people buying the news
just enjoy the ride and make sure to cash out before it goes down again

>>24031560
when is it going to dump again do you think?

imo 25k

>>24027864
>Noone could predict this

OK. But this anon did and that even though he didn't predict Corona

>>24031472
I'm sorry. Honestly I should be thanking you shills for spreading the HODL propaganda. It creates more liquidity for when I'm selling off

>>24031560
Everyone is waiting for the FOMO. It’s not going to be like 2016. The big boys have come to play. They don’t FOMO. They dominate. The positions they take will be colonial. They have long time horizons and they are not buying bitcoin with paychecks. This bullrun will cause suicides. When dumbass traders realize what they had in their hands that they sold for a measly 2-3x. Working class wholecoins will start to be few and far between. Because buying a whole coin will require you to sell your house. This next 4 years is not just “the next cycle” it’s the next phase. Where governments will have to respond. Where criminals are going to step up their game. Where publicly declaring that you have a whole bitcoin could be dangerous to you and you’re family. This bull run is not going to be a retail FOMO extravaganza. This bull run is the beginning of the fall of fiat. This bull run will cement Satoshi’s white paper as one of the most important documents in human history.

There will be no 80% correction. There will be no fall from $300,000 to 50k.
Grayscale is not a weak hand. Microstrategy is not a weak hand. Fidelity is not a weak hand. The institutions that are buying bitcoin couldn’t give a shit about “when Lambo”. They get lambos for free. They control governments. People expect that hyperbitcoinization will occur with government adoption. companies that are and will buy in the next year, are the ones that have the governments in their pockets. There will be no 80% correction.

>>24031683
Can’t say this anon is wrong. They’ve let it get far beyond the point of being able to shut it down so they prefer to dominate it.

>>24031605
HODLing is an idiotic strategy, in my case what i do is split what i have in 50/50 at any given time i believe something will happen, i keep half and use the other half, in that way i am hedged but i keep getting fiat and i tend to get 20% of earnings every month just so i can use it in case it goes to shit, sometimes there is something nice sometimes not but my main position is in XAU 'tho

>>24028978

>>24027887
lmao underrated reply.

>>24027864
I had 10 euro in my bitcoin account its now 20 euro

>>24027864
People have been predicting 2020/21 bull run for months now.

>>24032334
New here. Can someone who has been following BTC's history and seen it during times when it was going down or up tell me what caused it to go down or up during those times? So I know the most recent dip in March 2020 was because of COVID-19 and the pandemic, and currently this rise is because of the uncertainty due to how the pandemic has affected economies globally. But when the economy goes back to normal, there will be a dip again? Or is BTC just going to go up for a long time now?

>>24032437
See>>24031600

Corona was actually an outlier that shook of the rest of the speculators. Bitcoin's growth is actually more substantial now as seen by it breaking the price target of 16k for November already

>>24032437
Put everything you own into it and hold, you don't need reasons. Hype hype hype.

Mate, seriously come the fuck on.

>>24028468
anyone with more than 0.1 BTC is going to make it in 6 years

>>24031683
nice

>>24030250
Yep. The mankind is heading toward globalism, and institutions are already accepting btc. The path has been paved, if you aren't on board now you're at a clear disadvantage for the future.

>>24027864
>no one could predict this
except you could, also 100K Q1 2021

>>24033549
>100k Q1 2021
LMFAO

Its going to max $30k before dumping again just like 2017, screenshot me

>>24033699
>screenshot me
done

>>24027864
The halvening faggotron

>>24031683
Didn't take long for this to become a copypasta.

>>24031683
>Says increasingly bored bag holder for the 24th time.
kek, even with this moon it hasn't even 2x if you bought around 11k

>>24032334
Every fucking day there's 20 assholes predicting a moonshot while 20 other assholes predict a complete crash. Bitch please.

>>24027881

BTC isn't a safe haven, only gold and silver. BTC is going to zero.

>>24025803

>>24028226
Based and Chaos pilled

>>24027878
kekekeke

>>24027864
big players are buying and now I am telling you to get in on INJ while you still can