/biz/ - Business & Finance

>>25695632
some retards are definitly not enough for institutions to cash out

Nobody is selling. People are in it for the long haul now. And there's a very limited supply.

its okay anon, I dont own any BTC either

>>25695632
I just bought 2 more Bitcoin at 39K.

Seethe more nocoiner. I’ll do it again at 50 and 60k to ensure you never own a single Bitcoin in your pathetic life.

>>25695632
>Big institutions
>Big investors

Chinese exchanges are not big institutions lmao

Just wait for Bitcoin to hit 100k before buying lol

>tfw big brain

>>25695704
This is the most retarded thing I've ever read in my entire life

BTC 420 chachacheckem

>>25695679
>Nobody is selling
Oh, the smart money is definitely selling.

>don't buy at $1,000, it's too expensive
>don't buy at $10,000, it's too expensive
>don't buy at $20,000, it's too expensive
>don't buy at $40,000, it's too expensive
you are here
>don't buy at $100,000, it's too expensive
>don't buy at $500,000, it's too expensive
>don't buy at $1,000,000, it's too expensive

>>25695771
Yeah sure....they are selling for fiat

Today Bitcoin took me into level 1 of 6 figure hell. I get it now. It's more money than I ever had, but no point in cashing out because it doesn't change anything about my life. If I was a normie I'd go buy a tesla or a down payment on a house. No my investment is making more money than I do a month. The only point of my salary cuck job is to pay the land jew and toss another measly 2k into the maw of bitcoin or on some shitty alt. I guess I'll start throwing money at ETH and link since I'm priced out of BTC with only 2 in my pocket.

This is hell.

>>25695771
Bitcoiners are the smart money now. Everybody else is dumb money. 2021 will be a double pump like 2013. Price will exceed 300k this year.

>>25695843
ZIE ZUN

I'm seeing all these commercials on TV for it. Must be doing well

>this volume
Hmm

>>25695632
>my first bull market: The Post

>>25695843
Can you give me some money then or I'll come find you and kill you

>>25695632
they are LITERALLY NEVER CASHING OUT.

Dollars are literally worth less every single day you hold them. Cash on a business balance sheet is at best neutral and at worst a depreciating line that investors want you to give to them or buy some other shitty company with.

>>25695843
Invest elsewhere and take profit tool

OP is retarded.

42K incoming

>>25695771
Imagine being this retarded holy shit

Bitfinex and Tether are about to rug billionaires by turning BTC to a fractional reserve currency with endless USDT brr's. The crash will be glorious.

>>25695682
kek

>>25695843
never sell btc anon, literally never.

>>25695679

That's what all the news articles were saying when it went to 20k the first time and then look what happened. Don't believe this you tards.

See you guys at 100k

>>25695843
Please fren stop counting btc in btc and start counting in satoshis it will make your life easier

>>25695968
Don't panic, it's organic.

>>25695771
You have no idea the paradigm shift we're currently going through, this is more than just a particularly crazy bull run

>>25696158
NEW PARADIGM!!!!111!

>>25696014
no, but you'll get there. and understand the pain. the realization that 100k in the bank is how rich kids basically pop out of college. loans paid, parents helping to buy them a house. The realization that you will make it, but that until then, it's a life of toil.

>>25696158
I first bought bitcoin in 2011. I've been through the bubble that year, in 2013, in 2016 and now this. It's always the same. People always say shit like what you're saying, and then the same people post pink wojaks and threaten suicide when they have lost 80% a few months later.

>>25695771
No they are not, you can see their wallets, they are still accumulating

>>25696300
except this is being triggered by people with actual money jumping out of fiat to avoid hyper inflation

>>25696432
Again, they said the same thing in 2011, 2013, 2016.

>>25696432
You are delirious, and deserve to learn the coming lesson the hard way. It will benefit you in the long run. Sorry anon.

>>25696476

People like to forget that and think this is some fantasy land where it will go up forever. Bitcoin as a viable currency still sucks balls due to the transaction fees. I really cant wait to see all the pink wojacks in a week or so.

>>25696432
>except this is being triggered by people with actual money jumping out of fiat to avoid hyper inflation

>thinking normies care or know about inflation, crypto, hyperbitcoinization, DeFi, etc.
>thinking they don't see "PRICE GO UP BETTER BUY"

>>25695806
Don't listen to this paid chink shill

>>25696021
Why are chink shills so obvious? We get it, you hate the usd so you invented a counterfeit copy you can multiply to infinite and beyond, and dump it for real dollars so you can pay for your dick enlarging surgery.

It's always so tiresome with you chinks

>>25696300
>first bought bitcoin in 2011. I've been through the bubble that year, in 2013, in 2016 and now this. It's always the same
No it isn't, pre 2015 tether didn't print

BTC is realistically priced around $3k now

>>25696158
>Paradigm shift

People have been saying the same thing since 2008 lmao

Stupid chink shills are so pathetic

>>25696432
>>25696021
>>25695679
>>25696158
This is what peak Bullrun delusion looks like.

>>25695632
Only a matter of time before Bitcoin reaches 1 lakh. You are dummy money, my friend!

>>25696432
People with money buy real state, not chinese backed funny tokens

>>25696476
I dont remember the fed printing over 50% of the money supply in those years hmmmm

Unironically bought the top. Which way do I an hero?

Imagine selling your BTC for dollars or fiat though, you are literally playing hot potato trying to spend that money, better to wait and just trade something directly for it. Or dump it into Block Fi and just take out a loan using it as collateral.

>>25695679
HAHAHHAHA enjoy bagholding for eternity

You think GMS is swing trading BTC ? you returdou ?

>>25695632
kek you can't stop it, the FOMO will be glorious!

just cashed out enough profits to make my house payment
thank you mr bitcoin good sir

>>25696893
This seems to be the smartest play for those that are bullish.

>>25695679
Nobody will never sell.
This time it's different.
This time institutions buy.

>>25696062
stay poor tether fud pleb.

>>25695632
>you less than a week ago
DO NOT buy at 29k. This is retarded. It is obviously being shilled by institutions and big investors that are getting ready

>you a day ago
DO NOT buy at 35k. This is retarded. It is obviously being shilled by institutions and big investors that are getting ready

>you a month from now
DO NOT buy at 114k. This is retarded. It is obviously being shilled by institutions and big investors that are getting ready

>you 1 years from now
DO NOT buy at 1.2mil. This is retarded. It is obviously being shilled by institutions and big investors that are getting ready

>you 5 years from now
DO NOT buy at 23BIL. This is...
>sobbing
>BANG

>>25695968
That volume spike at the end is all from yesterday's huge-ass 40k selloff. We're back to normal now.

>>25695632
Starting to feel like something is different..

>>25695632
Stop spoonfeeding. 100k EOW LET'S GO!!!!!!

Grayscale just reported that pension funds are onboarding through them. They're a regulated Wall Street firm; they aren't allowed to lie about things like that.

Sorry bobos, but when pension funds are loading up their bags with billions in BTC, it's over for the bears.

We will see $1,000,000 BTC before the next halvening. Not even joking. Buy now or be poor forever.

>>25695771
>smart money
>selling for fiat

Does not compute.

>>25695873
At the current rate, price will reach 1 million or more by end of this year.

>>25697809
>$1,000,000 BTC
Stop thinking in fiat. It doesn't matter how much monopoly money the kikes are gonna offer you for your coins; never let them have even one satoshi.

>>25695632
retards can't cash out institutions who don't invest for a few weeks either

>>25695632
thanks, just bought another 1k worth

>>25695704
based

>>25697931
this cycle: 1 btc = 1 lambo
next cycle: 2 btc = 1 mansion

>>25695632
Do you know why no-one with a brain will cash out? Because what to do with that money? Fiat decomposes by the minute. Worthless soon enough. The whole planet doesn't know where to put money. Buy stocks at insane prices? Buy real estate at high prices? Buy gold that isn't much more than safe? Or buy into the next coming tech revolution? It is no longer a theory. It IS coming.

>>25698029
Based.

>>25696893
i'm going to trade it for weed tonight, get a lb of good shit for literally free with btc gains, sell that for fiat, then buy more btc and or shitcoins.

>>25695806
>don't buy at $1,000, it's too expensive
i was here
>don't buy at $10,000, it's too expensive
i was here
>don't buy at $20,000, it's too expensive
stopped being retarded...
>don't buy at $40,000, it's too expensive
to the moon baby!
>don't buy at $100,000, it's too expensive
>don't buy at $500,000, it's too expensive
>don't buy at $1,000,000, it's too expensive

>>25696300
And if it loses 80% it will still be worth 8,500 and only go up from there.

The longer it exists, the more people realize it is here to stay.

See pic related stake a lump sum now and even if drops 80% you can't really lose.

I had a chance to go all in at 16-18k BTC. Instead I went hard on ETH. Could be worse. I could be holding LINK.

It's the final short squeeze before the party begins. Followed by Biden/Harris outlawing withdraws from exchanges.

https://coinmarketcap.com/es/headlines/news/u-s-treasury-department-proposal-existential-threat-to-bitcoin/

>>25697809
If you think about it, all pension funds have some element of cash.

In these days of mass money printing and ridiculously low interest rates, it would be foolish to not have some of the fund invested in crypto just in case stocks, bonds and cash all fell apart at the same time.

And it's better than PMs too.

>>25697809
>but when pension funds are loading up their bags with billions in BTC, it's over for the bears
jesus christ... i'm not emotionally prepared

It's the final short squeeze before the party begins. Followed by Biden/Harris outlawing withdraws from exchanges.

https://coinmarketcap.com/headlines/news/u-s-treasury-department-proposal-existential-threat-to-bitcoin/

>>25695632
Don’t care it’s going to 100k eventually so I’ll continue buying.

>>25695632
>Coloured Gold

I wonder what it means

>>25698344

>>25698385
You had years to buy below $10k. You're only buying now because it's going up.

>>25695632
>>35k a day ago
>>29k less than a week ago
>DO NOT buy at 40k. This is retarded. It is obviously being shilled by institutions and big investors that are getting ready to cash out and want retards to help them out.
For sure, why would we hold a few more days to see it at $45k? That'd be retarded.

>>25699126
i mean to be rich it's happening way too fast. i though i had more time it would be more gradient.

>>25695721
>Just wait for Bitcoin to hit 100k before buying lol
>>tfw big brain
CLF Chad!

>>25699165
Bulls make money
Bears make money
Pigs get slaughtered

>>25696064
Not sell high, buy back in at the dips?

>>25695632
I buy BTC every month regardless of the price. 100% of my net worth is in crypto.

>>25695843
>I'm priced out of BTC with only 2 in my pocket.
What... how?

Alright I'm calling it. BTC will reach what everyone thinks is the peak. Calls for a blowoff top will happen. Tether news hits and it dumps, except its not going to zero. It will be an insane dump which will get 90% plus retail holders to dump. Then it will bounce back to ludicrous highs. Many Americans will take profits thinking they are getting rich, but right around the same time of cashing out, the dollar will drop 40% in value. Then they will get another 40% capital gains tax. But Algo, not BTC. Buy any ISO200022 coins, but not BTC.

>>25695712
bitcoin treasuries google it

>>25699367
Had a dream last night that it dropped to $137 and I immediately bought.

>>25695771
>smart money wants fiat
Based retard

i find it amusing that people tell you to not trust professionals about the bitcoin market...
and they are right? why? because this bullrun is being manipulated, oldfags are going to cash but retards who buy it at 41k are going to get fucked so hard when it crashes

>>25695843
>Today Bitcoin took me into level 1 of 6 figure hell.
Its a real hell. Im mid level 6 figure and it sucks. I could cash it all out and buy a house almost but for what? To keep working anyway? Not rich enough to retire or change my entire lifestyle but not poor enough to feel I cant do anything.

>>25695632
up only. Bears die

>>25696143
Bitcoin slogan ftw

what will happen when there are no more fees for bitcoin miners?

>>25699660
>Not rich enough to retire
that's bullshit you are living at a place that is too expensive that's all
you could retire from a few hundred k easily on most parts of the world.

>>25696062
all that image (if it's even taken to be true), is that they manipulated a few shitcoins no one cares about... Literally has nothing to do with bitcoin fuck off schizo

>>25699827
It'll just be moved over to the doge model

>>25695632
Hahah you will be broken.

>>25699827
how do you imagine that exactly?

>>25695968
go back to 2017 and look at the daily chart. volume peaked a few weeks before the top. we are still seeing increasing volume on this run so we've got gas left. top is going to be 85k - 115k. Sounds crazy this week but next week we're going to be in the 50s, 70s in the week after that, then it won't seem so crazy. Price is gaining exponentially now.

>>25699877
>you could retire from a few hundred k easily on most parts of the world
Not in America. Mid 6 figures is nothing after a house and medical care for the rest of your life. Cant stand poorfags saying to cash out their measly money and move to some asian shithole to live like a peasant for years. No thanks. Thats an unsatisfying life.

>>25700439
to clarify my position, i liquidated all of my eth and half my btc last night because paper hands

it should be a bannable offense to make a prediction without posting your position on /biz/

>>25700482
there are some cheap countries that are modern or even futuristic by american standards. china for example is more futuristic than america and about 8x cheaper (not that I would ever live there). taiwan is like china without the bad parts and your dollar goes about 3x further there.

>>25696029
wow you're such a smart guy

42k

such wow

you fucking cunts are going to make me buy at 41k

>>25695771
>smart money
def ngmi

>>25700549
>taiwan is like china without the bad parts and your dollar goes about 3x further there.
And why would any white man want to live with flat faced gooks for the rest of his life as some middle class wagie?

>>25700659
so you can actually retire off 500k usd

>>25695632
4 trillion market cap by eoy. Check em

>>25700482
hence why i said you are living at a place that is too expensive.
if you move to romania you will live like a king from a few 100k.

>>25700600
We aren't going to make you do anything, anon

>>25695771

>>25695679
>>25695632

>>25700482
all this could be yours anon

>>25699827
people will move to monero

>>25701275

>>25695771
>smart money wants to sell a delflationary asset for an inflationary asset that inflated by 20% last year

This is how I know you will stay poor

>>25699614
>retards who buy it at 41k are going to get fucked so hard when it crashes
You still don't get it. It won't crash. But yes, they will get fucked if they sell for fiat.

>>25697809
>>25697931
This

>>25701383
Rather a inflationary asset you can use than glorified mathematical problems retard
compared to fiat you cant use bitcoin for shit

>>25701444
>you cant use bitcoin for shit
except escaping inflation and theft by taxes and fees

It won't go higher than $45k this cycle. If it even ever gets back to where it is now again

>>25701527
escaping inflation with "money" you cant use

>>25701527
NOOOOOOOOOOOOOO YOU MUST PAY FOR YOUR ENSLAVEMENT

>>25695824
bond yields up

>>25701553
Do you sometimes think before you type?

>>25701444
and that matters (especially to the sort of people we are talking about) why?

>>25701553
Post position

>>25701580
EAT SHIT KEYNSIAN

https://www.cryptowisser.com/debit-cards/?lang=es

WE WILL WIN

>>25696432
i see the dumb money is in

>>25695679

>Nobody is selling
>Everyone thinks it will moon forever
>Boomers and risklets are jumping in

This is the epitome of a bubble but the question is when to get out. I think it will easily see 50k before a big sell off.

I sold into BUSD and will wait for the crash to rebuy around 25K again.

>>25701678
wait a couple weeks after volume peaks
>>25700439

>>25701678
Bubble wont pop without some news like inability to cash it out.
There are a lot of FUD recently. Tether is one of the most easiest. Anon found that bitfinex collect bitcoins right now, while other CEX selling. Something big will happen very soon and we will forget about bitcoin for another 3+ years having our usual altcoin bullruns (probably).

This is no longer investing. Now it is a competition, to see which institution can get the most BTC. Some have tried to sell and dump the market as is evident from recent dips. But these dips quickly recovered as competition ate up the dips. Every institution that sees this, gets SCARED. They're scared of selling and seeing another institution buy their dip and come out as the winner.

INSTITUTIONAL FEAR OF SELLING = MEGA PUMP TIME

Should I swap my 17 ETH to BTC??

>>25696158
oooh boy we got the "new paradigjm111" retard over here

SELL

>>25700782
$1 trillion before next major correction

>>25699827
Wont they still get some money on blockchain transactions?

>>25701768
how do I bite the bullet and drop the rest of my cash, i keep trying to make the jump but i am scared desu

>>25702198
Yes and ETH will start pumping the moment you transfer.

>>25695771

If being in bitcoin makes you dumb money then the smart money is actually dumb money

Biggest obvious bubble in history. I see a -90% drop in the next few months. Only a fool would buy into this.

>>25695632
if you look at volume over large time frames the green is absolutely dominant, I think the top may be a long way away

>>25695632
just have a sense of humor about it
if you want to put in money, do it, but have no expectations. could be more tomorrow, could vanish. That's the play

>>25695704

So what you are saying is that only a small percentage of your current net worth is in BTC?

Check.

>>25702561
No, we're done with the >80% corrections. Not going below previous ATH of 20k. We would never have hit 2020's low without corona black swan. Look at any of the log-transformed graphs. The only thing that could bring it down 90% would be a cataclysmic event that would similarly tank nearly every other investment you could have except for guns and ammo

I'm a poorfag that managed to put 7k in when the economy shut down. I'm over 25k now. There's literally nothing you can tell me.

>>25696893
can I have a QR on Block Fi

>>25702796
You are an absolute retard for buying at the top hahah

>>25702561
>>25702727
I don't know what to believe between these two. All I know is I am seeling at 45k and buying at 25k. Shoot your best shot, Anons, and be careful.

>>25696827
kek except it's the chinks who are buying up real estate after the american owner got kicked out to rent out to the same american owner.

>>25701580
that's literally the use

>>25698029
The more BTC is worth the less I want to spend it...it Btc ever gets over 100k....I’m fucked. I’ll just get a van and live in it as to not spend a dime.

>>25701580
Jesus chirst, you're a brainlet.

>>25702910
He's right. Without Corona we would've barely seen below 10k

>>25697809
This.
No matter how much copium nocoiners take, BTC will reach 1M this halvening as Biden administration keeps printing USD to feed the economy

>>25698119
buy a tent and a mars hydro retard

>>25695873
Everyone knows we will see $220,000 and then blow off top. 300k is unrealistic, IMO

>>25703043
gonna make it

>>25703203
i want to try the van hobo life once.

>>25700839
He already said he doesn't want to move to a shithole, though.

>>25696785
"and then he said 'BTC is realistically priced around $3k now'"

>>25696635
ok /pol/

go raid another city council, chud

>>25696827
Money measured in a depreciating fiat currency when treasury interest rates are ~1%. You would have to be retarded to invest in real estate right now.

>>25703444
not all of romania is a shithole, and what do you really want? you can get a nice manor in the clean air in the mountains pretty good internet.
you don't really have to mingle.

>>25699577
>based prime number

>>25703194
Yes. As much as I love it when BTC moons, it is maturing now. We can't do 2017 growth every cycle. 150k eoy easily. 200k likely.

>>25703043
BTC and crypto as a whole has a long way to go before it becomes a simple store of value like gold or bonds. What many don't understand is that cryptocurrency is a new asset class which is still growing. There will come a day when BTC's biggest growth is behind it but that's a long drive from now.

>>25702369
everything has risk fren, go easy

>>25695632
The trajectory of the line in the larger context of a single year doesn't look like it will plateau at 40k.
If they're trying to make a cash grab, it looks like they're wanting BTC to shoot up to somewhere significantly higher than 40k before they finally let it tank.

>>25702828
The top is not fixed. I thought I was supposed to be the retard.

I see a downward spike 36k possibly down to 32, then it will recover and reach ATH, next 24 hours, I wouldn't sell BTC but I would look for an opportunity to get in again sub 36k if anyone out there is looking for an entry, conversely if it breaks 42k it's time to hold tight

the amount of shilling for bitcoin muh 650k makes me think bogdanov said pump it
they are probably hyping it to sell at ath
dunno how much high though but its obvious specially if you take the tether fraud into account

>>25704384
it's not going to dump, everyone knows central banks are in clown world, who wants central bank fiat

>>25701383
what if they are selling for gold

>>25701383
I am already not poor, precisely because I took profit in 2017 instead of holding during the 80% fall like a retard.

demand>supply
six months after halving
always peaks ~18 months after halving then dumps
this is just beginning
strap in

>>25704510
gold is a meme, it's either not physical and therefore worse than fiat or it's physical and laden with practical difficulties, precious metals will crash to their industrial value

>>25704685
>always
Only 2016 and 2012 really matter
So many data points
kek

>>25704833
>Only 2021 and 2016 and 2012 really matter
said retard in 2026

>>25696789
>>25696827
>>25696747
>>25696635
>>25695752

You're so mad anon.. we get it, you keep missing the boat and dont own any BTC so you hate your life. its okay. find a healthier way to cope tho