/biz/ - Business & Finance

The absolute state of /biz/

>>3849188
Anyone think that maybe bitcoin isnt worth this much? I mean, its not even a real thing, just an idea

>>3849198
Bitcoin is 100% unusable garbage.
Buy Ark

>>3849188
>normies excited about 10% on their BTC

>>3849188
I'm sorry, but BTC is going unironically for 6k$ next week and 7k$+ before Seg2x hits...
Prepare yourselves for alt-pocalypse.

>>3849188
Yeah, I spent an entire fucking btc on shitcoins to 'diversify' all it has done is fuck up my potential btc gains. Fuck shitcoins.

>>3849198
People give things value... Why is gold worth so much? Or diamonds? There isn't much of a practical application to those items, they're just used to flaunt wealth.

>>3849188
its totally and utterly unsustainable at this price, it will drop hard any minute now, no matter how much it tries to fork.

>>3849188
>tfw didn't buy in at 2800 literally a month ago

>>3849198
You jest, but a lot of people here are just working under the assumption that it's all going to implode one day and are maximizing gains while they can.

Spent so much on alt-coins that went nowhere, wish i had spent them on BTC instead

>>3849235
>pinkwojak.jpeg

>>3849198
of course its not. but its all about peoples perception of how much its worth. Which is why people will start getting cold feet and it will dip

>>3849220
This is a pretty conservative claim considering the fucking retardation lately. It can't even stay in a $500 margin for more than 2 days. Fuck this shit.

>>3849212
I'm all in Ark, but BTC is definitely a coin to hold

>>3849198
The fee to move bitcoin is retarded.

BTC is the future. You faggots don't understand network effect

>>3849232
oh come on gold is used to build computers

diamonds are a monopoly by some african company, they choose the price. diamonds are worthless if there was a competitor

>>3849329
BTC is the proof of concept, the future is unwritten

>>3849188
>tfw sold some shit coins for btc the other day and didnt exchange it for ETH

it was only 0.23 BTC but made about 200 bucks so thats neat.

>>3849232
Or a million dollars. That's the best example. A dollar is really only worth anything because enough people want it to.

>>3849188
why wont it FUCING STOP
SHJARE YOU GREWEDY FUCKING COIN FUCK STOP KILLING MY FUCKING ALTS

>>3849220
Segwit2x is nothing. Also you're not considering btc crashing hard after gold fork, which is what most likely will happen. This high price will have no reason for sustain itself anymore. But at least alts should jump up afterward.

>>3849235
This is the reason why I'm so fucking angry about it. It's only going to go up from here and I fucked up my only chance of getting in. I'm gonna have to fuck around with some shitcoins to even think about getting into BTC now.

>>3849363
Just buy Bitcoin holy shit.

It's so fucking easy.

>>3849230
I've found you gotta trade shit coins daily to make gains/prevent losses.

should i just take 0.1 BTC and 100x margin it?

>>3849346
BTC filled the niche.
Only something that can literally kill BTC can kill BTC.

>>3849380
No, you fuck around with shitcoins you're going to get further fucked unless you're super lucky. Buy BTC now and hold it for a couple months.

The buying is getting impulsive today. I think 6k is coming soon, followed by a correction to 4800

>>3849404
Not looking to replace it, looking to make use of it. That's why I'm in on Ark.

>>3849388
oh my fucking god ive never seen this one hahahaha

>>3849343
It's also about the demand though. If people decided that diamonds are useless and no one bought them at overpriced rates, they'd eventually be bound to decrease in value.

>>3849232
ya and now i can send value anywhere around the world with 1 simple code. how is that not valuable in current year.

Will it ever dip to sub 3000 again?

>>3849453
Yes after this peak

>>3849453
yes after s2x and it will most likely return to ~7k

>>3849370
I hope you are right.

fuck this im going 100x on bitmex, this shit is going to 6k

>>3849430
Exactly, bitcoin is the future of storing wealth. Meanwhile other coins will be used as currency.

>>3849235
>went in on ethereum when it dipped to 200
>bitcoin has doubled since that point
JUST

explain to me why everyone is buying BTC NOW? IS IT CAUSE OF BTC GOLD ? so everyone wants free coins with the fork ?

>>3849421
the moment you buy diamonds from a jewelry shop it loses 50% value

>>3849599
basically and will dump these coins into alts. also retards fomoing

https://twitter.com/ANANNAN010101/status/918624747096752128

I just transferred .035 btc (~$190), it took 5 hours and I replaced the fee twice to try and get that stupid shit to confirm.

The fee ended up costing me $4.12, bitcoin is the biggest pile of fucking shit I have ever used, I sold it obviously.

I can't wait for this next crash so I can see all the bitter tears and pink wojacs from you faggots lapping this stupid shitcoin up.

It's obvious you're going to get dumped on by some whales who're going to clean you out. The smart money is moving into alts/usd

>>3849188
so give it to me for real /biz/ what happens on oct 25? hold btc still or bail for alts at that point? hold until seg2x then go into alts? halp me.

>>3849188
5458

>>3849823
Too early to short and FUD m8
Wait for 7000.

>>3849899

Doubt it will reach that high, either way I don't give a fuck my positions are ready

>>3849927
>fuck my positions are ready
what positions did you go with?

Korean....

>>3849831
go back into alts once you receive your btg. hold alts until they announce the exact date of seg2x. as soon as it's announced, go into btc and hold until you receive seg2x then go back to alts.

>>3849188
7k

>>3850054
no... n-no... NOOOOOOOOOOOOOOOOOOOOOOOOOO

>>3850025
which wallet is best for holding btc? i didnt have any btc during bitcoin cash fork. this is my first fork.

>>3849188
Is it best just to wait till november when the hard fork comes?

bump

>>3850804
FUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUCKKK

>>3849370

Are Segwit2x and Bitcoin Gold two different things? So there will be two forks? I haven't folowed the news lately.

>>3850804
>He doesn't program his gold

Huge dip back to $4500 coming soon

Was there any reason for this bullrun?

>>3850025

Is it known whether Bittrex will give BTC Gold for BTC holders like they did with BCH?

>>3849470
2x is dead on arrival sorry no dip for you

https://cointelegraph.com/news/f2pool-deals-possible-death-blow-to-segwit2x-fork-withdraws-support

5700 almst what the fuck

cant say Im really surprised. Expecting 8k

5637

>>3851168

This is probably why we're pumping. Chinese miners have capitulated! It's all about BTC now

someone just got 1 million bitcoin contract liquidated
holy fuck

>>3849213
If this keeps going on we're going to be at 20% by the end of the night.

>>3851190

the game theory mind fucks are over..... for now

>>3850804
saved mabye this will make me feel better about holding after it halfs again

I COULD OF MADE 300 DOLLARS IF I BOUGHT WHEN OP POSTED THIS

FUCK YOU WHALE MANIPULATORS

>>3851197

I'm not understanding these.... how is it a "short" if it's a "buy"? Someone plz explain to this brainlet...

5670

>>3851236
because they get liquidated, because they are short their assets gets force bought (closed). If a long gets rekt they'll force sell his assets instead.

LITERALLY WHEN DOES IT DIP

I WANT TO GET IN

WHAT PRICE DO I GET IN

FUCK I HOPE THESE NORMIES BUYING IN FOR BITCOIN GOLD GET REKT SO HARD

pumping to 6016 tonight to break 100bil marketcap GOOGOGO

6.3k is the top of this run. don't fucking short this market though, buying has become super impulsive and euphoric for now

>>3851269
This....what the fuck is going on. I cashed out and im wayyy too scared to buy back in. Theres gonna be a fucking big crash....but this shit just keeps pumping.

>>3851269
now?

5702

Lol. Stop crying. Total crypto market cap increased almost 10 percent 16 billion in a single day. It's going to btc obviously but it will spread to all alts after the fork.
Hodl btc or buy cheap alts.
As long as the market cap increases we all win in fiat but as long as btc is in a bull run we will get rekt in sats.
Huge correction incoming anyway

>>3851334
$5766

THIS WILL BE A NIGHT STUDIED IN ECONOMICS CLASSES YEARS FROM NOW

>>3849188
LMAO 5800 NOW

can you smell it, /biz/? the new-car scent of my new lambo

5900 ON BITMEX
OH MY FUCKING GOD
ITS NOT STOPPING

what's the floor on the correction?

Please tell me now

5850

I feel like this is bad in the long run. I dont like these fucking huge pumps; this is why normies think its a big ponzi scheme. It'll crash horribly before the month is over.

Smart money now pouring into zrx.

>>3851435
nigga this isn't even 20%

shits about to dump

>>3851497
b-back into alts, right senpai?

>>3851455
20% is fucking massive for BTC

>>3851435
>implying the perception of normies matters for price longrun

>>3851455
+50% in a week for the standard and whats generally the most stable crypto.....Its too much; theres gonna be a big correction.

I didnt even really lose money where i sold; i just kept from making like 15% gains....Not personally salty; i still dont like these pumps. Its correcting a bit now, but it'll probably go to 6k in the next 24h

>>3849748
The question is which alts?

>>3851512

depends how actively you want to trade it. probably the last, but might be a few more.

>>3851554
it literally already hit 6k

Time to get into tether.

SHOULD I SELL NOW? I don;t want to miss the train FUUCCKKK

>>3851602
it literally did not

WHEN DO WE SELL LADS

>>3852022
It did not even left the station. 7k by morning

I just panic bought 10grand was that dumb? first time poster cool board this is fun

>>3852116
who cares what you paid, you got a bitcoin. it will be $500,000 in 5 years.

>>3852140
ok thank you for answering sorry i am newfag what is the portfolio app i saw in the screenshots are altcoins a scam? i don't have time to trade all day unfortunately. this is my only chance to make money for myself thank you

>>3852080
who is this chick can we get a name

>>3852188
cant tell if serious. how do you panic buy at 10k anyway, or you mean bought 10k worth?

most alts are bad.. it's like trading pennys stocks.
i wouldn't piss on most of them, but occasionally theres something good. best off sticking with bitcoin and holding for the long term, and do your own research. you can lose everything in a couple of days with the wrong coin/s

5630 NOW!!! WHEN WILL IT DROP SO I CAN GET IN!

>>3849188
>5800 now

>>3852188
just hodl.

>>3852080
Honestly? Now.

But you won't, because your greedy, same reason I won't. Same reason I'll ride the next crash into the ground.

Because it's the /biz/ way.

Whats the easiest way to pick up some coin with the least hassle, coinbase?

planning on waking up to 6k+. good night biz

sell the bump

>>3852232
i am serious just tired sorry new to buying crypto I bought 10 k just now i won a lawsuit and am debating to put alot of it into it

>>3852080
just before 6k, like 5950

buy high sell low

Should I sell half my NEO and WTC and buy BTC now?

>>3852232
Hey dude, newfag here also. You seem like you're not shilling and know what you're talking about. What's the deal with the LINK shilling on here? Penny stock & faked hype, or are there ever shills on here that are actually worth listening to?

>>3852616
Buy Ark and thank me in a few months, even better hold it for a few years and leave this shit board behind

>>3851514

nah

>>3851435
Lol. Just lol. How many times have I heard that before.

BTC is scarce and inflation-free, it's basically gold but better.
It's not hard to understand why it keeps going up, just use those volatile times to get more and more satoshis.
Ignore the rest, who cares how much monopoly money it translates to, just get more satoshis.
When it dips, sell and buy lower.
When it goes up, use your worthless paper to buy satoshis.
More satoshis means more lambos ( don't actually buy lambos, just buy more satoshis ).

>>3849380
>tgot in for the first time at 4800 and its alright
>tfw you thought youd be fucked

bump

>>3852927
>when it dips sell
>When it goes up buy

SELL LOW BUY HIGH.

bump

>>3849235
it hurts so much. that was our last chance, wasn't it?

>>3849198
It's a scam
Best comparison is ponzi
Try to turn more than half of btc to actual dollars
Price will crash to 5 cents

>"BTC will pump, buy now!"
>"meh, dont care about those 2% gains, I stay in my alts"

>>3854927
>Try to turn more than half of btc to actual dollars
This apply to everything, even dollars.
Especially dollars.

>>3854916
bitcoin is forever
cant stop it
LOL

>>3849198
money is not a real thing
its just an idea

Buttcoin has a lousy transaction limit. It'll crash eventually. It's an ancient coin.

>>3855488
all blockchains do dumb ass LOL
its the nature of the security
you want convenience, stick to your massacard

>>3852636
what makes you think ARK will go up?

>>3855700
it's the actual solution to the currency part of the cryptocurrency problem.
Read the whitepaper, if Ark does what it promises, it will be the global currency in 10 years and you have a chance to own it right fucking now.

That's at least worth an investment.

>>3849380
Think about what your saying.
> I missed a chance for a great investment
>Better but some shitcoins quick.

This is why you'll always be poor. To think almost any reasonable person in a developed country can scrounge up enough for a while Bitcoin and you are going to squander that opportunity again.

>>3854927
Even if it's a scam, Bitcoin has 2 exclusive purposes on others.

1. You mostly use it as a pivot coin for others
2. You can spend it on black market for things

>>3849831
this picture is cheating i can't look both left and right up and middle at the same time