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/biz/ - Business & Finance

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28725055 No.28725055 [Reply] [Original]

Anyone here?

>> No.28725115

>>28725055
I'll still have plenty of money but it would be painful

>> No.28725221

>>28725055
>If Bitcoin drops to $10k
i would still buy more, like i always did
>and doesn't recover
peak delusion, bitcoin is us, we own it, we make the price, and i will buy more
btc is unconfiscatable money, why would you ever sell it?
>how many will kill themselves?
why would you? i can restart from zero again and again, pussy

>> No.28725227

If you niggers aren’t using a stop-loss, you deserve it.

>> No.28725271
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28725271

>>28725055
im buying more

>> No.28725285

>>28725055
Screencap this, within 5 years BTC will be worth 0.
Once the flippening happens, it'll flash crash all the way to 0 and it'll be when Crypto really pumps massively.

>> No.28725362

>>28725055
it can't because there are so many of us who would buy it up before it even got close to 10k

>> No.28725441

>>28725055
Why would it do that?

>> No.28725453
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28725453

>> No.28725454

>>28725221
>just hodl til thursday guise!
>once they have to buy their shorts back we can sell it at whatever price we want im holding forever!!!
>fuck melvin!!1

>> No.28725560

>>28725227
>exchange goes down during major crash
>stop-loss fails to fill
>exchange comes back online after 30% dip
>order cancelled

Happened to thousands of people in 2018. You aren't the genius you think you are.

>> No.28725641

>>28725055
I'll keep buying, it would still be worse to keep dollars. They are already ramping up the gun control in this country the propaganda is already heating up, I would rather my entire networth go to russia and china than brainless morons around me that won't trust me with 60k rounds of ammunition and multiple ak's.

>> No.28725690

>>28725454
moron
no bank or institutional wants to buy gme, and there is a reason for that
how many banks and institutional are looking how to get a btc exposures instead?
follow the fucking money, it's not hard

>> No.28725904

>>28725055
imagine the dollar becomes gold backed again haha

>> No.28725908

>>28725690
You’re the fucking moron for thinking you’re in control of anything. If you control the price, how come you’re relying on corporate interest that will vanish overnight when the dump comes? Fuck off kid.

>> No.28725914

>>28725285
It’s not possible to go to zero. Somebody has to sell the coin and another buy it to dictate the price.

>> No.28725971

>>28725914
peak midwit take
now go back to r*ddit

>> No.28726115

>>28725560
How do I prevent this since I use binance? which exchange is safe

>> No.28726466

>>28725908
>be a corporation or a bank
>have billions in reserve asset which are not liquid and it's a pain in the ass to manage
>watch your liquid usd reserve bleeding purchasing power like crazy
>very low rates (or negative ones), so access to credit is basically free or very cheap
>seek returns with this money
why would you ever sell btc? it's liquid, it's easy to manage, it's artificially limited in supply and it's the standard, it's the protocol for sound money
and for me that i'm a retailer?
why would i sell my btc to these people for cheap?
nobody wants to sell their btc for cheap
nobody with a bit of brain would cash out all, generate a crazy big taxable event and exit forever
it's stupid
take the ones you need for living and that's it, leave the rest in btc so they don't bleed purchasing power over the years

>> No.28726581

>>28725221
>bitcoin is us, we own i
how are you doing chink miner

>> No.28726624

>>28725055
>btc dips to below 45k
>hundreds of thousands of autists will FOMO their money at it
>btc 50k again


rinse and repeat

>> No.28726640

>>28725055
I'll still be up 1,000% so seems fine.

>> No.28726765

>>28725055
I'll still have 300 grand, so no.

>> No.28726774

>>28726115
>which exchange is safe
none of them you fucking retard. you have to sell well before the cataclysmic dip

>> No.28726796
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28726796

>>28725055
things I will buy with bitcoin
>cars
>houses
>land
things I will never buy with bitcoin
>pieces of paper with arbitrary numbers written on them

>> No.28726838

>>28725055
Who the fuck do you think decides the price? Permabulls will never sell at 10K, and they will keep buying at any price.

>> No.28726894

>>28725055
If Bitcoin drops to $10k I'll buy a whole bitcoin, don't care if it recovers, just want to own an entire Bitcoin.

>> No.28726925

>>28726115

None dude are you kidding? It’s the downside to not being regulated

At least the government will back up my bank account and stock exchanges have good protocols in place

>> No.28727025

For that to happen the dollar would have to deflate, a lot.

>> No.28727029

>>28726115
Lol binance. You're being chinked. That one will be first to go down.

>> No.28727167

>>28725055

It’s actually possible too

It’s a store of value more than actually useable and historically those can have huge runs

Gold for example has had runs that are quick and take decades to get back to its value

It’d be amazingly quick if say the US or EU just did what China did in 2017 it wouldn’t ever come back either

>> No.28727421

>>28726796
Did murica already put nigger to their cash, kek downfall of usd is real

>> No.28727570

>>28726115
bitfinex never has this shit happen.

>> No.28728314

>>28725055
lol wtf is this fud from 2017?

>> No.28728572
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28728572

>>28725055
>im a retard who sold his bitcoin for 15k, so i cope here by writing shit that will never ever happen to feel better about my idiotic choice

P R I C E D

O U T

F O R E V E R

>> No.28728924

>>28725055
I would literally just buy more.

>> No.28729469

>>28725055
>bobo cope
kys

>> No.28729579
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28729579

>>28725055
I will unironically still be in the money, but sad for sure.

>> No.28729633

in 20 years BTC will be the boomer coin worth millions, /biz/ will shit on it endlessly calling it worthless and old boomer tech

>> No.28729708

>>28729633
well its already pretty outdated, but that brand recognition is worth its weight in gold

>> No.28729786

>>28725055
>betting money you can't afford to lose

dumb

>> No.28729863

>>28725055
No, all the Bitcoin I have I mined.

>> No.28729954

>>28725055
just imagine btc dropping to 1k or even 500 dollars hehheheheahhahahahahahahah hohoho it's it wonderful just to think about it and cope hahaha just imagine then coiners would look pretty huh and we'd be the smart ones

>> No.28730696

>>28725453
Its over...

>> No.28730934

>>28725055
buy the dip

>> No.28731150
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28731150

>>28725055
I'd multiply my stack AGAIN!

>> No.28731200

>>28725055
jokes on you i have stoploss at 30k

>> No.28731248

>>28725221
just answer the fucking hypothetical question you absolute mongoloid retarded nigger

>> No.28731351

>>28725454
this kind of FUD is so lazy

>> No.28731809

>>28725055
>And it doesn't recover.
Kek.

>> No.28731841
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28731841

>>28725055
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>> No.28732373

>>28725055
Even if it goes to 30-40k it will be immediatly bought up. If bitcoin goes below 35k again I will eat my dick.

>> No.28732978

>>28725055
If it drops below 46K my stop limit order triggers. All my shit is sold, then I buy back in at the bottom only this time I have way more BTC. You guys don’t actually ride it all the way down....do you?

>> No.28733019

>>28725055
I would buy the dip.

>> No.28734238

>>28725453
I love how the volume is so low