/biz/ - Business & Finance

>>24776158
WHAT THE FUCK WHAT THE FUCK AAAAAHHHHHHHHHHHHH OOOOOOOOOOOOOOOOOOHHHHHHHHHHHH

michael saylor doesnt need to do shit and we would still moon. short term trend turned into an uptrend. we were having a 10 day downtrend from dec1 which ended when we bottomed out at 17550. this is what happens in an uptrend especially with an asset as bullish as btc

ooh oops no worries my mistake i thought this was a thread about haircomb
you know the quantum resistant anonymous token on the bitcoin chain
but i can see thats not what y'all are talking about so i'll leave you too it my bad ttyl

>>24776158
OMFG OMFG OMFG OMF WHAT WHAT WHAT WHAT WHAT WHAT!?!?!?!? WTFWTFWTF!!!!!

>>24776158
It's true, all of it

>BTC to 2xk
That would be fucking ideal for me, even better if we then drop back to the 20 week ma. Let's heckin' go

>>24776158
JEsus I miss the 10k btc so bad, I wish I could've bought more, feels like this shit wont drop anymore, will it anons?

>>24776158
he finished buying
all that movement was because of him
so either he continues buying and forces us over 20k or we drop down around 15k

>>24776374
>JEsus I miss the 300k btc so bad, I wish I could've bought more, feels like this shit wont drop anymore, will it anons?

i wonder how many times he copy pasted the address and double checked i wonder how sweaty his fingers were

>>24776158
BTC was 34k last night, not 17.8k

>>24776581
my fingers get sweaty just moving 0.1 btc and I send two .001 test transactions first. I can hardly imagine.

>>24776505
Please stop bullying.

>>24776453
cope

>>24776158
It will get rejected for the fifth time, stop dreaming.

WHY AM I STILL NOT A MILLIONAIRE REEEEEEEEE

>>24776777
checked but youre wrong, see you next week

Its basically happening.

Hedge funds don't market buy on pleb exchanges. They have OTC desks

>>24776158
The OG whales are selling, I read that 90%+ of the sellers are top 10 wallets. It's moby big dicked mega-whales dumping their historical shit.

Prudent, I'd do the same. I'd also wait now to let the bull run happen. We'll see if they're going to let it go.

>>24777084
not when they want to manipulate the market

>>24776581
>1 character off
>$628,000,000 gets transferred into my wallet instead by chance
No trade backs

Mark my words brothers there is not one shitcoin that will survive this coming bitcoin bullrun

>>24777084
>They have OTC desks
Kek, even that's limited moron, it's not an infinite supply. Fucking brainlets on this board lately

>>24776374
Yes. The 200 day moving average still has us at 13k as the most bearish scenario. 14 to 15k is the more likely super bearish scenario tho. I dont think btc stay sub 15k for very long at all. I doubt institutional investors who have been buying literally hundreds of millions of dollars worth of bitcoin are going to FOMO on a dip. They will just ramp up their buying if it goes low.

>>24777315
It's going to be fantastic.
They're private companies, by the way nothing to do with decentralization or trustlessness, and finally they're going to be valued on their performance and profitability.

Lol.

THERE IS NO PERFORMANCE. THERE IS NO PROFITABILITY. ADOPTION? USAGE? UTILITY? NOTHING? BILLIONS IN R&D. TENS OF THOUSANDS OF PROJECTS ALL TRYING TO STEAL BITCOINS THUNDER AND NONE OF YOU FUCKERS DO ANYTHING. 11 YEARS.

Yeah, yeah no. No. Yeah no. Sayonara shitcoins. I don't know if it's going to happen today or 10 years from now. But I can't fucking wait.

>>24777420
Wall Street same in big time at 17k, doing their "steal as much money from the process as possible" thing. Even had some bull necked analyst on CNBC telling viewers to buy 17.5, sell 18.5, and it got up to 19.5, so they adjusted their window higher, 18.5-19.5. They are going to "make the asset prove its value" by shorting it as much as they can right under 20k.

After we break 20k, though, the asset is "proved" and there will be final short squeeze. The wall will be breached forever and there will be nothing but blue sky.

>>24777517
Thanks for the hopium, fren!

>>24777420
This guy I watch on YT (Conquer Trading & Investing) says for BTC a 30% drawdown is possible at any time. Lately in his videos he says we're forming a consolidation period or something where it's about to break out and shoot up or shoot down. That big buy overnight might be the impetus to break upwards.
His TA skills are top notch.

>>24777655
All the TA people have been destroyed. Before March? Sure okay. This is a macro story. Anyone pointing at lines and candles at this point is an idiot.

>>24777655
>Its going up or down

Great Ta bud.

>>24778041
nah TA still works fine, but most people are retarded and use meme lines and triangles. I find that horizontal s/r levels and divergence work well.

>>24776645
cringe neurotic anon

>>24778285
Kek

>>24776505
soon

>>24777109
lol imag8ning things? over 70% of btc is in long term hodl

>>24777505
bitcoin: store of value. you really think that all that crypto has to offer? there will be a major Defi coin and a better way to send tokenized bitcoin. its just too slow and expensive for adoption by itself

>>24777208
Honestly dream of this happening even though I know it’s not possible.

>>24778808
He didn’t say anything about long term hodl. He said OG top ten wallets. I highly doubt 70% of long term hodl is in the top ten whale accounts.

>>24776158
Its literally dumping rn

>>24776158
Its really amazing that no one is posting about the Mass Mutual buy in of $100M.

I think most npc's here just see "ho hum another 100m, big deal", but you don't understand what that represents.

it means they see negative interest rates coming and it signals that if the most conservative and by definition risk-averse of industries is diversifying into btc then everyone will soon be forced to do it.

that was literally the signal for the flood gates opening. 100% you can expect a btc etf to suddenly be announced within next 30-40 days.

>>24776158
Had noting to do with Michael Saylor. Bitcoin is a fucking steal even at the prices it's at right now. We will be 20k be EOD on Monday.

>>24780018
Its also amazing how much people even on this board will claim that the institutional herd isn't buying when we had:
>Paul Tudor Jones
>Druckenmiller
>Dalio reconsidering
>Skybridge
>Guggenheim

>>24780018
whats this mean for eth
bitcoins too expensive

>>24780486
Institutions are holding BTC not ETH. BTC is to gold as ETH is to an internet company

>>24780548
This.

>>24780548
oh well sucks for me

Long Gold, S&P Puts, and Bitcoin; protect yourselves faggots

2021 is going to be a rough year, screen cap this

>>24780606
2021 is gonna be great drumph lost
buy Raytheon

>>24780594
Go and read the book "The Bitcoin Standard"
You can finish it 1-2 days and it will get you up to speed on why Bitcoin wins for the store of value argument. Then it will make sense as to why institutional investors + corporate treasuries are flowing into BTC alone. Even one of the biggest ETH fans, Novogratz, states that BTC is digital gold and ETH is Web 3.0. Totally different markets.

>>24780486
You can buy fractions of a bitcoin. Like invest $100 in it

>>24776158
Michael Jordan here, didn't bought

>>24776158
if you are a Linkie and you don't have any linkpool, you are a fucking retard
>staking.linkpool.io/dex

>>24780018
https://www.boerse-frankfurt.de/en/etf/de000a27z304-etc-issuance-gmbh-0-000

already there since june

>>24776158
>i can see the future

>>24776158
It's all off chain and will not impact the price immediately

>>24776158
literally who
also
>h&s right shoulder formed
bobo always wins

>>24777084
Cope. Get rekt bobo

>>24777109
And the institutions are buying it up. The whales are idiots

>>24780920

>>24780548
>>24780575
>>24780594
Grayscale buys 600 ETH a day. You are the dumb money.

>>24776645
All bitcoin addresses have checksums

>>24776158
>19.5
Not quite, buddy

>>24776453
he wasn't enough

>>24783509
OOPSIE!

>>24777121
>implying they would announce the buy publicly if wanting to manipulate the market

Hedge funds wish they could exchange w/ plebs
>BEBLUBBER

her face when I mention I buy btc

>>24784286
>hfw you actually buy it

>>24776581
Theres a money opportunity here for someone. If you can provide usernames and link them to btc hashes with simplified, insured transfer procedures.

>>24776158
Hello, I'm Michael Saylor, answering any questions in the next couple minutes or so.

>>24777505

>>24777315
anon, please bear with me if you will. I'm new here. I recently bought some bitcoin, ethereum, and chainlink. Are you saying i should go all in on bitcoin? Pls no bully.

>>24776581
imagine the smell

>>24784889
what advice do you have, what price do you expect btc to sell of, post a picture you larp

>>24776997
Six figure hell is a thing. Albeit mostly a /biz/ thing, but still...

>>24784889
Hellllooo!

>>24780548
>Institutions are holding BTC not ETH
currently grayscale is buying up ETH as well but it's completely dwarfed by the money going into bitcoin

>>24785220
>Six figure hell
i just need one more good 10x and i've made it

>>24780920
>generational investment opportunity
damn right

>>24777505
Fucking based
Fuck alt coins
That includes ETH

BTC and XMR are the only ones

>>24777084
imagine thinking OTC doesnt have an effect on price

>>24777505
based this is correct.
>hurr im going to buy tokens from a company putting X on the blockchain even thought they dont even give rights to future cashflow, im sure the devs will figure out how to pump my bags
vs
>im going to buy units that in the future will be used as THE measuring stick for value, the futuristic iteration of gold, the thing that will suck up value from gold, stocks, investment property, luxury artwork etc.

take your pick, i know im betting on BTC