/biz/ - Business & Finance

never doubted.

>>4260089
What's your portfolio distribution anon?

>>4260102
Mine is 85% Bitcoin, 7% BCH, 5% ETH... rest are shit coins

Bitcoin is king but it has to go down already for fucks sake. Just correct the usual 40% so we can get it over with and go to 10k and beyond

>>4260129
No fork, no drop... I was hoping for it to go sub-5k. I don't think it's gonna happen. Full steam ahead to $10k from here.

I should have listened. I could have twice as much bitcoin right now if I sold alts off a few weeks ago.

>>4260102
60% eth
30% btc
10% (LINK, FUN, OMG, 0X, MOD, KMD, KNC, BAT, GRID, SNM, GNT)

BOW FOR THE ONE TRUE KING

>>4260156
Price thoughts on ETH? I have trouble thinking thinking this ever going to 10x from here because it seems disposable with the whole gas thing and how bad it went with the ICOs at the beginning of the year. The fact it's not capped too (to my understanding) makes me think it'll never achieve the numbers BTC will.

>>4260149
Fix that mistake when it corrects anon... we'll all be laughing over cigars when BTC is 5 figures.

>>4260165
Shill me anon... why Monero and why do you think it has BTC potential levels (if you do)?

>>4260188
BTC will always be the most expensive. I just got in really early on eth, and by really early i mean pre-sale and i don't wanna touch my presale wallet. so, i'm stuck with a lot of eth :D

>>4260237
Dev's are only top tier academics
Literally fulfills all of BTC's original promises

You can not put your money into BTC without everybody knowing about it. This becomes a problem when you have a lot

>>4260314
So you're suggesting that when Bitcoin moons from here in the coming years, it's better to not own any because people are going to know.

Yeah, I'll take my chances.

>>4260411
No, I'm suggesting BTC isn't fit to go mainstream

>>4260076
kinda lost confidence in BTC during these ordeal.

>>4260431
People are literally talking about it at bars... they don't know how to buy perhaps, but it's mainstream

>>4260448
What ordeal... how it defeated a major fork today?

>>4260448
Only "ordeal" was scammers attacking Bitcoin. They lost. We won. Get over it, Faggot.

>>4260492

>>4260076
Ancientfag miner here, switched to alts after mt.gox lost me what would now be worth close to $1m. Not to say alts haven't turned me a healthy profit but we all still have to cash out to BTC before turning them into something more transferable.

Anyway, yeah, BTC will remain de facto store of value for the foreseeable future. Companies that are blockchain-independent should be everyone's current focus if they want to get rich in the next 5y

>>4260448
We don't need your confidence. We will charge forward heart first without you. cuck.

>>4261258
>Companies that are blockchain-independent
I'm tired what does this mean?

>>4260129

its not going to crash, if it goes down ill buy more and so will everyone else. The only way it is "correcting" is up

>>4261515
I too would like to know
>>4261531
what is the consensus on how far bitcoin will drop in the near future? 5k? I'd like to get in soon but when it could dip soon.

>>4261531

This. Everybody is anticipating a crash, which gives enormous buy pressure because everyone wants to buy cheaper BTC. Nobody is gonna FUD BTC now and panic sell when it goes down bjt just accumulate more. There's only two posaibilities I see right now

1. It dips a little and moons
2. It doesn't dip then people will wait for the dip and after some time realizing the dip isn't happening and the price still rising FOMO and BTC is gonna moon anyway. There's really only one direction for it right now.

Makes me ponder to buy BTC right now because now people are still anticipating the dip which might be the only time to get BTC this cheap

>>4261552

I dont know how much it could dip, but it will not crash far and for long unless there is a major material negative event simply for the reason there is a tonne of demand. The growth of the last few months is a shitload of new investors of all scales, and they are hungry to get cheap deals on thier new pet investment. I know I am

IMHO

>>4261693
I see. So when will bitcoin replace the dollar?

>>4260530
Close. I am a direct Descendant of William the Conqueror.

Good altcoins will almost certainly grow faster than BTC in the long run.
That's the reason to hodl alts.
If you can capitalize on their volatility and swing trade them all the better.

>>4261760

Name 3 Altcoins that you think will have a better growth than BTC next year

>>4261760
Many of the people now holding BTC got burned with 50% - 80% losses on Alts, and have at the very best an extreme loathing of them and anyone shilling them. At the very worst, you might say they have a vicious need to exterminate their existence.

>>4261796
BCH

>>4261760
You're a fucking idiot

>>4261796
Easy.

BLOCK
LINK
ADA

>>4261803
So, having said that, this is a BTC thread. You Alt shills might wanna move along. NOW.

>>4261817
The OP addressed fucking alt holders.

>>4261735

I doubt anything like that will happen in first world countries, ever. It will climb and climb until it gets destroyed by government(s), a new crypto replaces it, or a large proportion of investors feel its time to cash out once and for all. Then it will enter a new phase with yet unknown behaviour.

>>4261830
I think I'd better move along then. I'm in one of those moods where its a good thing none of you are in front of me physically. For the peace of this board, I will show myself out, and come back when I've tamed the Monster in me once again, and can be polite. Have a good evening.

All these crypto noobs and their alt coin obsession, thinking that Bitcoin only went up because of forks. You'll learn.

>>4261677

im just going all in with what I can save each paycheck. I was gonna eat drink or smoke it anyway

>>4261866
>implying that the run from 4500 to 7500 was muh parabolic fundamentals and not fork hype
Deluded.

>>4261883
It was only partially fork hype.
Most of it was due to the derivatives trading news.

>>4261883
>implying bitcoin won't always shit on altcoins, forks or not.
We'll see if you're right about it being fork hype. You'd think it would have corrected hard after the fork was called off.

>>4261892
No it wasnt. Bitcoin was already trading at $6300 on fork anticipation alone. The run up to $7000+ was affected by the derivatives news but it was mainly caused by further Segwit2x anticipation.

>>4261915
Yeah sure, thats why we're loaded as fuck by buying into ANS and OMG the past couple of months? But whatever, keep convincing yourself that you'll make it if you have less than $100,000 in bitcoin.

NEO IS ABOUT TO EXPLODE!

- Merk

>>4261973
Oh fuck yes Merk is back !

>>4260076
I agree bitcoin is king, for the mere fact that it is able to pull in more normie money in the crypto market. Alts still have far superior growth potential though, just don't hodl bags like a retard.

>>4260076
Sometimes good alts have much more potential for larger gains.. (like now?)
Obviously the goal with altcoin trading is to get more bitcoin, so for short term trading it's even a stupid question to ask..
One day the shitcoin bubble will explode and everything will be much simpler and more logical.

>>4260431
Bitcoin mainstream desu. I saw it on the news the other night in the stock market rundown. They're going to report on it every night.

>>4262178
It's getting pretty big. I overheard some guy on campus explaining how transactions work too.

>>4262178
>>4262205
Which is why these 100% bitcoin fags are deluded to think they are the "early adopters" at this phase. Literally wont make it if you dont have at least 100k USD in your 100% Bitcoin portfolio.

>>4262205
>The Big Bang Theory making an episode about Bitcoin
Sell your coins

>>4262233

What the fuck

>>4260076
I don't have enough capital to have BTC give me any gains.

>>4262205
Fuck. Better dump your alts a week prior.

>>4262233
This. Jesus Christ my aunt always tells me, "You should watch it! You're always on the computer!"

Now she'll crack jokes and ask about Kikecoin. I'm gonna fucking kill myself I swear to fucking God. AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA!!!

>>4261258
Now you have to cash most, not all coins into btc to cash out. I and I think most people are going to buy eth or ltc with their btc and transfer that for the sake of saving time.

I don't think btc is going anywhere soon, but when more coins can be bought and sold for eth or something else btc is going to lose its utility.

nice just admitted 100k

>>4260145
This