/biz/ - Business & Finance

>>29168834
You want... a nocoiners opinion... on the inner-workings and future predictions of Bitcoin? Okay, faggot.

>>29168834
If somebody is a nocoiner still they obviously have absolutely no understanding why Bitcoin reached this price otherwise they would have bought in at literally any point in time. Why would you value their opinion of all people?

Big libertarian
I learned about BTC in 2012
Realized the huge implications of ending government fiat, especially USD as reserve currency
Never bought any because I always assumed, and still do assume, the government will make it illegal or regulate it into the dirt

It’s going to rug pull exactly the same way it always does. The velocity of parabola becomes much faster an unsustainable. People feel like so greedy and euphoric and believe it will go up forever. Right now although it’s been pumping a lot the velocity hasn’t been there to be the big rug pull yet. Also use pi chart and rainbow chart. Gives you a good idea where we’re at. Gotta realize a lot of these charts are self fulfilling cause everyone follows them

>>29169497
Not really.
BTC isn't really impressive to me, an active options trader. 17,000% is a quarterly occurrence for me. And I don't lose 10% in fees trying to make my money real.
>>29168834
Idk, if it breaks 62 look to 70ish, then 87, 95, 102,
I feel like it should have a big correction there if it hasn't already.

Butyeah the rug pulls coming. Its not at a good point to throw money in and not actively manage. It will definitely happen when interest rates start rising.

>>29169668
Its still only a little more valuable than Tesla, a company that doesn't have very much value.
Its entire market cap is the market cap Apple added between 2019 and 2021.

>>29169668
Monero fits your style more
Blockchain in general will become regulated so enterprises can comply with kyc and anti money laundering regulations, while they use the new infrastructure

>>29168834
>unbiased opinions
>nocoiners
what kind of opinion do you want from someone butthurted cause he missed out?

>>29170065
so it's happening like really soon?

>>29170581
My BTC stay anonymous
These fuckers want to tax unrealized gains and you want to link your id?
Are you fucking regarded?
Are you even investing in this shit?
Kys, you are literally darwin’s awards material

>>29168834
what do you mean by rug? A 2017 crash or a permanent crash?
I think a crash is somewhat imminent, probably a couple more weeks, but I don’t think it’s “going to zero”. Just a long recovery followed by another bubble.
Disclaimer, I do have crypto, but it’s 15% of my portfolio.

>>29170359
Imagine if you traded Bitcoin options you tard

>>29169668
Unfortunately, that’s when we would need a currency like Bitcoin most.

>>29169668
Turns out it’s hard to regulate math…
If they try to fuck around it will fire back with 10X the strength

>>29168834

the flash crash down to $128 will happen this year.

>>29170882
Nah you're the retard with no reading comprehension
It's clearly aimed at businesses
Most cex and banks already have kyc , but it takes a lot of time and money is being lost out too.
Lto just wants to make it a one click solution on chain

>>29171128
Yes and Lyn Aldren has actually pointed out that US govt is not likely to ban early this year as USD is likely to experience a brief respite relative to other fiat currencies given higher nominal rates and one-sided short positioning.
She stated "when there's a fire (inflation) is when the exits to save yourself from being inflated away are blocked"

>>29171154
Learn history.
>Any American holding, buying, or selling Bitcoin is jailed for 10 years.
Where did all the gold in fort knox come from? FDR stole it from citizens.
https://en.wikipedia.org/wiki/Executive_Order_6102

>>29170065
>Also use pi chart
Ty for this

>>29168834
nigger

>>29170882
How do you buy anonymously?
I'm planning on leaving USA for Southeast Asia in 3> years anyway so not worried about selling in USA but not sure how to buy without being tied to my SSN.
Was looking at buying Visa cards with cash then buying in Binance but looks like they are limited to $250 USD

The dump starts in September or October. Sell before that

>>29170359
>options
>random digits
look at who is entering, maybe next is oracle, and then maybe nigeria changes idea and starts mining, and then one piece after another you have game theory kicking in
in the end central banks will have no choice but to buy, cause they might end up having no leverage against corporations, the same way france will have no leverage against african states, one by one, everybody will bend the knees to Bitcoin, because it’s literally in the best interest for every country. Bitcoin is a peaceful and unstoppable revolution.
This is just the beginning, the cycle finishes when it finishes and it will correct at some point, but you are looking at short term and not the big picture.
Remember what bitcoin is doing

>>29169668
Okay, but what about the entire time period in between then and now?

>>29171509
>EO 6102
I will take the first flight and take the private keys with me

>>29171509
https://twitter.com/LynAldenContact/status/1360773629164847106

"Hard assets aren't banned when the currency is about to have a period of strength.

Hard assets are banned when the currency is about to take a beating in real terms, with the exit doors blocked."

>>29171279
I agree. Probably will crash from $200k to $128k or so

>>29171723
Whatever bro
>airline thai something something waiting for passenger for immediate boarding

Bitcoin is a beta test for central banks to roll out their own “digit currency.”Once yellen officially declares us all criminals were fucked.

>>29170581
>LINK
>tamper proof inputs
kek. LINK has never had a way to do this for information which isnt publicly available. its a pipedream

>>29170581
i like monero but would not touch it in this legislative environment.

>>29171882
>Once yellen officially declares us all criminals were fucked.
Except we are not the criminals, they are

>>29172021
You're a criminal. Accept it and you'll be happy.

>>29169668
yeah hows that workin out for ya, retard

this is bait right?

>>29172021
tell it to the judge goyim

>>29171972
Fucking pussy, we are the 99.999%
We decide the money protocol and they cannot do shit
It’s power of decentralization baby
Oligarchs can suck a lot of dicks

>>29171509
FDR is not only overrated but a bad president
Why people voted for him is beyond me

>>29172119
Being a libertarian is just a neverending joke of failure and self-destruction

>>29168834
>if there even is one such person on this /biz/
>this /biz/
god i fucking hate newfags.

>>29171509
>Where did all the gold in fort knox come from? FDR stole it from citizens.
>https://en.wikipedia.org/wiki/Executive_Order_6102
Ah yes, and as we all know, the price of gold never recovered. The US killed gold and it stayed dead for always and forever.
Dumb bobo...

>>29171917
deco

>>29171972
faggot

based on 350 wma I would guess between $57,516 - $61,299

>>29170065
>>29170823
>beware of the ides of march

>>29171863
Agree. Just that during a crisis normies support extreme things like making everyone trade in their BTC for Fedcoin. You can already write the script, it's too easy:
"The economy has inflation and is bad and the greedy hoarders who are white men are selfish so we need to all work together to save the economy and support black people of color so everyone has to turn in btc for Fedcoin to fix the economy!"

>peter schiff gets assblasted when bitcoin hits 6MM
>calls bobo the bear
>bobo tries and fails to dump
>bobo calls the bogdanoffs
its that simple.

>>29172021
Yep, see
>>29171723
>>29172573

>>29172573
Implying my crypto is held in a usa wallet or linked to a usa bank account. Top kek.

>>29172683
How do you buy untraceable/with cash?
I looked at buying Visa cards with cash and then buying in Binance with VPN but the visa cards I've found are limited to $250 and or require ID

>>29168834
Imagine a rugpull on a trillion dollar coin fucking sub 20 iq tard. It will correct and bear for a period, but rugpull, na mate, stop being a newfag.

400k eoy then a correction down to 250
Check em

>>29172634
Does the bogs help schiff out though?

>>29171509
we don't care about the history of a meme country

>>29168834
You will know. The dip will be unlike the normal -30% correction. It's going to be a -50% drop pretty quickly. Then it will do the "return to normal" meme and that is your best chance to tether up. As for what price this happens at... no one has any clue. I am HODLing down the entire 80% since I don't care about tryin to time the market.

Also just go to the weekly chart and zoom out. The fact that you can still see the previous $19k bubble means that we will have a ways to go. (I think)

>>29172924
no, bogs crash gold as well

>>29168834
All it takes is one big whale to market sell his BTC and trigger a wave of panic selling. Look at how fast the price dropped during the 2020 dump.

>>29173097
Will there be any survivors?

>>29171612
This.

>>29168834
unironically bitcoin needs chainlink to survive:
>>29169740

>>29169497
>buying in at any time
That's not exactly buying low and selling high dude.

>>29172756
Binance also requires ID to sign up anyway so using a VPN or Visa would've been pointless. Most exchanges require ID to sign up.

>>29173116
It also dumped a few years prior since people cashed out in December to have a big Christmas. That was a massive crash.

>>29171621
lol you sound exactly like a GME buyer, u kno that right?
>Random digits
My big brain is a matrix that identifies psychological resistances. Train more, scrub.
>>29171018
The IV is probably retardedly high. I'd get wiped chasing Musk tweets.

>>29172119
>implying
Might as well ask why the government isn't regulating YuGiOh cards.
YuGiOh cards aren't being used in lieu of USD... yet.

>>29168834
For perspective, the tulip mania peaked at €350k

>>29174555
Gold still hasn't reached the ATH during the height of the Dutch Golden Age either.

>>29173940
It wasn't Christmas, it was fear of taxes. Even happened in 2012

>>29168834
Most models pit it around 100k but smart money will front run that and cash out around 85k

>>29174863
Oh was that it? I figured it was a Christmas fun dump. My friend sold all his since the price was so high and he was able to buy a car with the profit, not because he was afraid of the taxes.

>>29174958
I wonder how big the dip will be after the sell off. I'm thinking probably 40k or so but who really knows.

>>29170823
Pi cycle is a bad meme. Use s2f or rhodl. Pi cycle is just arbitrary MAs.

>>29169050
FPBP
There is no unbiased, there is only war

>>29173832
Binance US might. I think Binance Hong Kong does not (?)

>>29176295
Most exchanges require it. I've yet to encounter one that doesn't and desu I probably wouldn't trust one that doesn't.

Idk about the Hong Kong one but I used a non-US version of Binance since I'm a Euro (maybe it's the HK one?) and it required ID. Signing up was simple as hell though, I was verified that same day.

There’s no reason why it won’t hit 100k in a month or so.

>>29168834
It simply won't. Companies are stocking up reserves so they can support BTC payments, institutions are stocking up so they can fund their ETFs, and more competing ETFs are on the way: https://decrypt.co/58279/third-bitcoin-etf-north-american-market

The price is going up because big money is buying and holding. I don't foresee a dump or rugpull any time soon, the companies who are buying this shit up by the millions and billions of dollars are in it for the long haul and in the case of something like an ETF they literally CANNOT dump their stockpile because they have to keep the BTC to support the ETF shares their investors are holding. This run is nothing like the previous ones, everything happening right now is unprecedented territory.

>>29168834
no one knows. maybe 70k maybe 1 million. thats why you never sell

>>29176473
So how are these anons buying BTC in a way not connected to their SSN / persona? Either they're idiots and the government knows everything they're doing or they're buying with cash on localbitcoins

>>29176867
So what you're saying is that we should buy in now or never? Idk man, BTC has always been a rollercoaster and buying at such a peak seems like a pants on head retarded idea.

Just because they're prepped for payments doesn't mean much. ApplePay is everywhere now but the majority of people still use cards and barely anyone used ApplePay in its earliest days. We're still in the early adoption stages.

>>29177133
>they're buying with cash on localbitcoins
Bingo. But there are other methods such as running it through multiple wallets but honestly, I wouldn't be fucking around with the tax office like that dude. If they catch on you'd be in for a world of hurt.

>>29177216
Agreed. Cash or bust. The IRS has hired ChainAnalysis to find people who buy BTC on exchange and transfer it from wallet to wallet and think they're "anonymous" despite everything being public on the blockchain.
This leads me to believe the way government will ban Bitcoin and other cryptos is by banning cash and then ban exchange of crypto to fiat. Keep everything locked in fiat.

>>29177141
>So what you're saying is that we should buy in now or never?
Genuinely, yes, I really think so. Read that article and look into how ETFs work. The price of the shares is backed by the institution holding enough BTC, in order for them to match the performance of BTC and substantiate the shares now being bought by retail investors and Wall Street investors they have to keep buying up BTC. The more ETFs pop up, the more money is getting tied up into BTC in the same way, which will inevitably pump the price up. And we haven't even begun to talk about non-financial corporations buying up stockpiles and everything that entails.

I'm just an anonymous retard on a website full of lies, though, so don't take my word for it.

>>29169050
This. Nocoiners have been the most inaccurate predictors of bitcoin and bitcoin schizos have been the most accurate.

>>29176867
You do realize the muh institutions meme gets thrown around every cycle, right?

>>29177828
And which of those times involved actual ETFs opening up one after another?

>>29177681
Exactly. People don't realize this and think they've been smart by moving it around but it doesn't work.

>>29177685
>I'm just an anonymous retard on a website full of lies, though, so don't take my word for it.
You and all the articles about BTC really. For every article I see about it staying high up, there's a contrary article saying it's a bubble that's about to burst. I think I'll wait a month and see what happens.

>>29177896
I know, I know- this time is different.

>>29177898
I hope it works out for you, anon, truly. Everyone has to follow his own risk tolerance and gut.

>>29178093
What if it is though? I'm fomoing hard

>>29178197
I hope so too. I'm not taking it all too seriously at least, since I know it's a dumb idea to go in with the mindset of becoming a millionaire or something. I'd just be happy to make some pocket money to buy some excess shit. I do have a belief, dumb as it seems, that the price will go down a decent amount in the near future and I'll buy in then. But I also don't believe it will ever reach the same lows as it has in the past and will never dip below 40k ever again.

>>29178244
Part of growing up means coming to terms with missing out sometimes.

>>29173832
I trade on binance and never gave them anything

>>29178595
How much do you trade though? There's a point where you need ID for large amounts.

>>29177896
>boomers and wall street traders will make markets more stable
lmao
All BTC needs is an injection of volatility to tank.

Faggot nigger kike bitch cunt pussy fuck the president kill rapists fuck your mother

>>29168834
April Fool's Day like usual

>>29172420
The people who lost it never saw it recover.

>>29168834
There's not going to be a "rugpull" because there is no centralized management to rob Bitcoin hodlers.

There may be a dip at some point in the future, but the current market is pretty transparent.

Inflows to GBTC have dropped significantly; they probably won't break $700M this month. They had been buying a billion a month, or more, through at least last December, enough for buying up more than 100% of mining rewards. The inflow is still enough to buy 40% of the current mining rewards, just from GBTC alone, no other sources, but that's a major decline in inflow.

Saylor is picking up another 21 days of mining rewards with his latest cash borrow, which, along with GBTC, means the next five weeks of supply is spoken for.

I don't know how much the rest of the world is buying. We may see a drop back below $50K until/unless more corporations start buying in.

>>29178244
Be careful about FOMO and don't be stupid. Only invest what you're truly prepared to lose. Even with all my personal confidence in BTC right now, I'm still following that rule. All of my BTC holdings are still just under 5% of my total net worth and my retirement accounts are still being funded and invested conservatively so that even if BTC busts my retirement plans won't fall through. I'm not investing my emergency fund, I'm not de-funding my IRA or 401k to redirect those contributions to BTC, etc.

>>29170823
FUCK that cliff at the end of 2018 made me wanna kms. Biggest rug that ever pulled. Pure market fuckery

>>29168834
Now

>>29171603
You could buy some of mine. I'm running out of fiat to live on and want to cash out a few tens of thousands.

>>29168834
>The Top for this cycle is around 163000 and will occur anytime between now and December 1st 2021

Im happy to share this information because most people cant concentrate for long enough to use it correctly

>>29179616

>>29168834
at this point, nocoiners derailing and shitting crypto threads is too much, we need a dedicated /crypto/ or something else

>>29172173
The 1929 collapse caused an environment where people blamed capitalism for their economic woes. The Republicans were in charge during the collapse and so the media, which was and still is heavily socialist, blamed everything on them. The socialists pushed their propaganda saying that everything was better under socialism. The NYT deliberately lied to people about how the Soviet Union was doing, to the point that many people moved there (and ended up being sent to the gulags when they realized what a lie it all was). People were propagandized further into believing that the socialist nonsense FDR kept pulling was all that was saving them from further collapse, when in fact FDR's policies extended the Great Depression by years. The only thing that pulled the U.S. out of it was WW2 and the destruction of Europe's manufacturing capabilities, but the socialists in the news media played it all as "yay FDR was successful, fuck capitalism!"

>>29177896
Who would want an ETF with crypto?

>>29179879
boomers

>>29172173
>Why people voted for him is beyond me
because the republicans were doing fuck all hoping the markets would reify themselves like in the previous panics. But this one was worse and led to a lot of suffering which led to the republicans being seen as heartless, which i dont think they were, they just genuinely believed that things would get better on their own but during hoover's tenure it wasn't so its really no surprise the waves of unemployed and destitute were tired of the republicans

>>29178455
Checked and adultpilled

>>29179879
Boomers

>>29180055
Are they really so retarded they won't just buy some Bitcoin? C'mon man.

>>29168834
$214,880 will be the peak in November.

>>29180177
yes

>>29172268
The LP is a trainwreck. Small-L libertarianism is just common sense. Let people do what they want as long as they're not creating problems for others. What's so hard about that?

>noooooo I demand you stop owning guns because you might shoot me when I rob your store
>noooooo I demand you stop having abortions because Sky Fairy says they're bad
>noooooooo I demand you stop doing drugs because you might become a human waste product
>sex work is real work, subscribe to my onlyfans and send me money
oh wait I guess they finally stopped banning whoring yourself out, ok
>noooooooooo you can't own a car because Al Gore says the polar bears are overheating

Meanwhile, the Libertarian Party has managed, in the last three elections, to nominate big-government gun-banninng statists twice (William Weld was the governor of Assholechusetts who started the whole push for "assault weapons" bans) and a pro-Marxist loon (Jorgensen's "yay BLM!") once. The last one I voted for was Barr in 2008. I doubt there'll ever be another who isn't some form of fucktarded leftist, considering how far the LP has strayed from actually promoting freedom.

>>29173600
BTC isn't a PnD nigger

>>29169497
Came across this little masterpiece in the comments. Fuck, why was I reading normie tech sites 7 years ago? Everyone told me crypto was a scam and lefty media backed them up, always.
https://arstechnica.com/tech-policy/2021/02/bitcoins-value-just-passed-1-trillion/

>>29168834
fuck off and go sperg out about testing numbers or vaccines

>>29172756
Dude, just buy privately from any individual. I'll be happy to sell you some of mine next time I go back to the U.S. What state are you in?

>>29180350
>The LP is a trainwreck.
Because it's literally full of glow niggers

>>29180350
because libertarianism is jewish ploy to get edgy atheist losers porn addicts to shill for big capital
Libertarianism is for guys that aren't like the other girls

>>29179879
Boomers, normies who are scared to buy crypto directly, and normies who only invest within retirement accounts but want to have crypto exposure.

>>29169668
Fucking cuck. You don't deserve freedom, and you'll never have it. Don't worry, you can always swab the decks on the bitcoin pirate ship

>>29168834
The news that the traitors and faggots in Congress want to start regulating can only mean one thing. They want donations from all insiders.

>>29179858

>The media is socialist

Stopped reading there

Had €50 when I bought it, was worth €130 when I exchamged it all for XRP.

Dumb move? Probably
Will it pay off in the long run? Probably not

>>29177133
I bought mine before KYC was a thing. I was sad when the government here banned the BTM machines.

>>29177216
There's nothing illegal about selling for cash as long as you report it on your taxes. The first $34K is 0% (if you don't have any other income). Biden might change that, but he hasn't yet.

>>29177828
You do realize that Grayscale posts its daily shares data on its Twitter feed every fucking day, right? Up through December, Grayscale was buying more than 100% of the daily mining rewards.

PayPal also discussed its Bitcoin buys with the media, and according to the numbers they gave, were buying 70% of daily mining output.

That's just those two alone buying 170% of daily mining rewards through the end of 2020. No one else. Not even mentioning Coinbase, Kraken, Gemini, BitMEX, all the little European ones, Japan, South Korea. . . .

And then there was Michael Saylor's MicroStrategy, which bought $450M at around $10K per BTC, then raised $600M to buy more at around $20K.

And of course Tesla, which bought $1.5B at around $30K.

And now we're into 2021. Saylor this month has raised cash to buy another $1B.


Frankly, who gives a shit about Canada's paltry $80M in just the first day their ETF was available.

>noooooooo there aren't any institutions that's a lying meme!
t. retard

>>29179330
>biggest rug ever that ever pulled
you aren't going to like what's coming next year, anon...

>>29181336
>notsureifretardedoreuropean.jpg

>>29181824

>The establishment Democrats are socialists

Yeah we've got a retard

>>29181878
It's ok, retard, lots of tards lead kick-ass lives.

You might even be able to marry a supermodel like picretarded (Kamala's stepdaughter) some day.

>>29182430
That's a supermodel? Looks like a typical girl from LA. Good looking but not model level.

>>29179121
>there is no centralized management to rob Bitcoin hodlers.
newfag shitcoiners don't even know what it means to be a decentralized block chain. They just buy into whatever meme they think will go 1000% they don't have to work for tendies anymore

>>29182513
>looks good
Anon, I....

>>29179616
>>29179679
very interesting

>>29168834
>when is the rug pull?

>>29177765
>>29168834
Bitcoin Schizo here, no rugpull till 280k in september, nobody is fucking selling due to compliance jannies in banks getting out of control.

Everyone is afraid of being in fiat, alsothe global chip shortage has stoped asic manufacturing meaning miners are not dumping to pay hardware upgrades causing a second halving effect.

Do with this info as you want.

>>29170359
I will suck your nuts if you can pull just one chart that shows how interest rates have anything to do with the price of bitcoin

>>29185248
The entire game right now is
>The search for yield
BTC is one asset that is providing yield. Hence when interest rates rise and yield becomes less scarce BTC will crash.
Basically the hedgies buying BTC are doing so because stock returns could stagnate, and they want the retail liquidity to dump their bags into when the time comes to buy back after the market corrects (when interest rates rise).

>>29184607
>he thinks it'll get to 280k
Absolutely 100k but top fucking kek if you believe 280k.

>>29172573
Everyone of merit literally moves to china then because they have a better chance at the dream there. You literally are seeing white flight out of the USA now. Force only gets them so far

>>29187330
Dude, nobody is moving to China. They're doing business with them but fuck moving there. They made the richest man vanish for a while and put him on a tight leash when he reappeared, people are too afraid to go and live there since this is a pretty regular thing.

>>29176867
I dont think the run is ending soon but your argument is literally
>this time its different

>>29187517
OK...
https://intltax.typepad.com/intltax_blog/2021/02/2020-sets-new-record-for-published-expatriates.html

>>29184178
Be aware that a shakeout down to ~$36000 between now and then is also highly likely.

>>29187821
We're going up as fast as 2013, so it will be two peaks this cycle like 2013. Prepare for a month of Bobos celebrating once we prematurely touch the green line.

>>29187821
Why do you guys think money is infinite? That only works with stonks because of the FED.

I think 100-130k with a 90-95% drop

>>29188616
I think the same peak but only a 30% drop.

>>29187712
Nothing in this article or any of its links says anything about those people specifically expatriating to China.

>>29187821
THIS. SO MUCH FUCKING THIS. Look at May 2017, June 2017, and July 2017. 35% retracement is imminent. Alt coin season 2 will begin. Last chance to make it poorfags. Blow off top between 85 - 130k. Sell in increments on the way up. Don't be a fucktard.

>>29188164
My body is ready
>>29188321
>the capital in stonks is different to the capital in crypto
ok anon

>>29189006
>>the capital in stonks is different to the capital in crypto
>ok anon
it unironically is.
Fed will not add crypto to its balance sheet.

>>29189104
yet

>>29189309
It wouldn't make sense. Its antithetical to the purpose of the federal reserve.

>>29168834
>>29169050
fpbp
rug pull happens when it happens

>>29187821
The fact that I'm waiting for the shakeout you speak of just tells me that thousands of other people are too.... this makes me think it won't happen. I'm sitting here considering ridding myself of all my ETH. Switching some for AVAX (10%), adding to my STX stack (5%) which is bringing in a a decent amount of BTC yield daily, and parking the rest (85%) in cash to wait for the shakeout.

>>29168834
Cash it DUDE

>>29189506
what's the consensus on a shakeout happening before 280k?

>>29169668
Even if they do, you've made a massive miscalculation.

>>29171621
Central banks are already in control of Bitcoin via Lightning Network.

predictions dont tell you anything other than the predictor; after bitcoin dumps in its regular bear season soon and we will get to why it is easy to know it will; bitcoin is following the same market dynamics since 2017, also 2014. that is there were more people coming into crypto for the first time, so it is really easy to understand why price is going up due to this demand vs supply. what i predict is that in 4 years bitcoin reaches 1 million dollars due to my observation most of you on this board are overbearing newfags. so you will deal with bitcoins wrath and will be given similiar market conditions after 4 years. that is the point i am making to see 1 million, because there still exists this dimension of people who still havent fomoed into bitcoin this year, and still wont, of course more people fomod this time then the previous peaks, which is why the 4 years after 1 million i predict a double top, that is because the market finally became saturated with newfags and fomobaggins. this time everything rides on chainalysis for people who want to predict the exact tops. well anyways the point i like to make is to invest in crypto, not bitcoin. bitcoin will die by 2030, after china succeeds can*da. imagine that, bitcoin has only a measly 20x left, when things like rune and aave and snx and more have 1000xed, and there will be more opportunities. see you newfags who want to be me and stick around to learn more in the bear market, there will be few of you. and more dumbshit normies in the future to repeat this shit all again

>>29190092
I thought it was vaporware, how can they control something with something else that doesn't yet exist. Just pick one narrative and go with it.

>>29168834
Never, Bitcoin is becoming too big for that.

>>29173282
>protecting a blockchain from DDOS

Everyone has lost their fucking minds.

>>29190174
How long have you had a position in those coins? Feels weird to have someone else recommend the exact same coins I hold.

desu just waiting for a shakeout but then I'm buying back in
I don't think that it will run right to 100k off this, but at the very least I don't want to be caught out right now. Even if I miss some gain in the meantime, I prefer a great buffer in comparison to the anxiety of waiting for a crash

This most recent run was pushed by the TSLA buy, before that it was on a downtrend.

>>29190513

>>29168834
I am now putting 33% of all my wagies into BTC each week. I don't even look at the graph. I feel like Bitcoin is more reliable than the US dollar at this point.
Who else is throwing their money into Bitcoin?

>>29190388
Even if their vaporware doesn't work they've still steered BTC in a direction of high fees and requiring payment processors. Has the same effect. LN was just a convoluted excuse for rubes. In the end the effect is the same.

>>29191159
It's more reliable because it keeps jumping value?

I wonder what would be your opinion if it went down

>>29190905
i dont, i was speaking of coins that went up 1000x or close enough, bnb, 100x chainlink, avax, polkadot

>>29190513
It would actually have a potential to domino harder than it did in 2017.

>>29191309
Well I had 3.5 BTC back in 2010 but I lost my wallet passport. Since then I've been horrified, then calm, and then skeptical, and now I realise that it can't stop. The brand recognition is too high. I see fucking bitcoin ATMs in stores now.
If it goes down, oh well, I'll just have to buy more.

People like >>29169050 are showing you that we are close.

These people need crypto to go up. They are not prepared to live in a world where it crabs, or goes down. The only purpose of crypto is to go up. Anything else, and it collapses.

I don’t own any crypto, and have personal wealth in excess of $300mm. Trust me kiddo, I’ve seen it all.

>People like>>29169050#are showing you that we are close.

>These people need crypto to go up. They are not prepared to live in a world where it crabs, or goes down. The only purpose of crypto is to go up. Anything else, and it collapses.

>I don’t own any crypto, and have personal wealth in excess of $300mm. Trust me kiddo, I’ve seen it all

>>29168834
120K is the top. Back to 40K from there.

When 1 sat = 1 dollar
We will be halfway thru the bullrun.

>>29171882
I'm sure there would be someone willing to deal with her for 1 btc