/biz/ - Business & Finance

it will reach at least 70k before falling.

It will reach at least 100000000000000k before falling. Cap this lads.

>>4883582
le brainlet education

It has already been over 20k

>>4883582
I like money though.

>>4883582
Kek, because people will let you buy their bitcoins for $2.
Keep dreaming.

The blockchain will hit a limit and it'll reset to zero.

Not even 10k is possible at this point, correction to 12k max in the coming weeks.

>>4883582
Try 100,000/BTC by 2020.

>>4883585
In Downunderbucks, but nice effort.

>>4883582
I still don't see the utility of it. What practical use does it have, and do nation states potentially have the ability and will to tax it or kill it for good? It seems like its all speculative meme shit, and if I know anything its that the little fish doesn't do well in a tank of big fish.

>>4883582
I also predict it will reach around 19k then crash but it won't go anywhere as low as $2, maybe around $1500

>>4883582
>I'm not saying that the Rothschilds secretly purchased a huge ratio
They may as well own bitcoin, who knows?

Fever pitch with roll up to the new year then the whales will sell off and flood the market causing severe devaluation, causing normies to panic sell. Then the process will start again...as it always does.

it will reach 100k for certain and this year

>>4883582
Everyone knows this is a bubble, look into Ripple coin thank me later.

>>4883596

It's supposed to hit 1 million by 2021. If you stupid fucks sell, I will buy it all up.

>>4883597
>PLEASE BUY MY COINS
says increasingly nervous man for the hundredth fucking time

>>4883582
SLIIIIIIIIIIIIIIIIDE THREEEEEEEEEEEEAAAAAAAD

>>4883598
but why should btc hit 1 mil when there are better cryptocoins out there

>>4883598

A war will have devastating effects on crypto if it breaks out within the next few years

>>4883582
Dec 14th.
They'll Pull it

>>4883601

Scarcity is the ONLY factor that affects value. Bitcoin is a limited commodity. You either have some, or you do not.

>>4883599
No not shilling I dont have any skin in ripple. I do know that ripple actually servers a purpose though and its not built on "muh anonimity" retards.

>>4883582

Who's getting ready to /buythedip/?

>>4883585
>that volatility
Complete retard-tier. Anyone want to buy some authentic dutch tulips?

>>4883604
american education everyone

>>4883605
>I didn’t buy any, but it is really good, you should buy some
>please
>please fucking buy my coins

>>4883608

Well you can eat a hot bowl of shit fucking faggot. I have 200 grand in BTC.

>>4883610
cash out anon

>>4883610
So, roughly zero dollars worth?

>>4883604
but incase btc replace fiat, alt coins should logically replace btc

>>4883610
riiiiight and my mom has some under her bed in a secret stash.

>>4883611

FUCK. OFF.

>>4883610
>learning about basic investment
>like this

there is no 52% face for this shit

>>>/biz/

>>4883604
I took a crap this morning that is star-shaped, kid you not. Never seen anything like it.

Taking offers for it starting at $45K USD. You either have it or you don't

>>4883582

nobody right in their mind will sink 16k USD real money for 1 Bitcoin fantasy money ... those who do, have the amount to burn at their disposal

gotta be out of your mind buying into this expensive scam

whales/exchanges manipulating the price 24/7

>>4883618
How many points on the star?

>>4883613
>incase btc replace fiat
Yeah, (((they))) will totally let that happen. It's not like it can be banned or anything.

>>4883619
did you know you don't have to buy a whole bitcoin?

>>4883592
>>4883592
>>4883592
coinfags explain this to me, and gibs

19ekYt9bvNbEzYmtbaJKL8ZSMwhXZHTpSK

>>4883615
Gee, you sure seem stressed, are you having problems cashing out?

>>4883592
>>4883623
Well there is utility in the technology, not necessarily in all the meme-coins out there. It's a decentralized system that guarantees the integrity of transactions and of coins being limited and unique.
You can do some very interesting things with that technology, ownership registries for shares and bonds can be automated and 100% secure for instance, with a dividends/coupon rate system built in.

>>4883625
But wouldn't private companies and governments make their own? Why bitcoin?

>>4883625
>decentralized
You do realize that it is susceptible to 51% attacks, and that there have been multiple successful attacks already?
They call them “forks” so people don’t panic sell.

One kike with a quantum computer could trash the whole system with its “revolutionary” immutable ledger.

Almost all the positive shit you hear about the technology behind bitcoin is false or the opposite. It has one redeeming quality, fungibility, which almost doesn’t matter at all and is in no way unique.

>>4883582
buy ethereum

>>4883582
>Anonymous

Tulips at least, are edible.

>>4883595

Why though? Bitcoin are money and have value. Definitely not just a speculative investment

>>4883630
Value? How? What can I buy with them?

>>4883592
>What practical use does it have, and do nation states potentially have the ability and will to tax it or kill it for good

That's what these retards don't get , they have already done that in china , the gove will shut this shit down . plus i hear people are not paying taxes on it too which won't help

>>4883582
This makes sense now.
Glad i sold when i did. At 18k today. Although i didn't hold much, i still made off with a couple hundred more than i put in.

>>4883633
>rothscoin
>roth
oyyy lchaim

>>4883626
>But wouldn't private companies and governments make their own?
Yes, there have already been companies issuing their own coins instead of bonds/shares. Banks are also looking into using it, as is a company trying to use it for settling ad payments online (Adcoin). More will undoubtedly follow. Bitcoin was the first coin that showed it could be done, that's it.

>>4883610
>i have a sack full of magic fairy dust, can i buy this car with it?

>>4883631

Primarily drugs. I think a random subwaybin Latvia also accepts them.

I was being sarcastic. Bitcoins are not money and likely don't even exist.

>>4883631
Other memecoins, all of which will be worth MILLIONS so you can buy more memecoins.
It is basically p2win AdVenture Capitalist.

>>4883638
right but I can't buy a loaf of bread or a new car off the lot, its a fucking meme then

>>4883592
>do nation states potentially have the ability and will to tax it or kill it for good?
They can try, but seeing as how all you need is an internet connection to the outside world to take part it would be really hard to do.
>>4883626
Bitcoin is decentralized, so I don't see how they could make their own. It's equivalent to saying "can't itunes make their own limewire?" They could make or adapt their currency to use blockchain though.


Also, check out bitcoin crashing atm

Bitcoin is a meme, you'd be better off putting 10k into farmville points.

>>4883626
It's already started, and the governments doing it says a lot.
>Venezuela unveils virtual currency amid economic crisis.
http://archive.is/xEQki

>>4883639
You can buy breadcoins or carcoins though. Stop making this all about your wants and needs and just enjoy yourself.

>>4883642
a failed commie state isn't "the governments"

>>4883643
you're a dumb nigger, send me a bitcoin 19ekYt9bvNbEzYmtbaJKL8ZSMwhXZHTpSK

>>4883585
>over 20k
we're talking about 20k USD you fucking emu rape baby.

GG, good luck cashing out your fagcoins, see you next week when your transaction has finally been processed and bitcoins are back to 1k.

When you are in tears and feel worse than hillary clinton on election night, remember to never take advice from retards on /biz/

>>4883582
US$2 per coin.

I doubt it. If it ever goes that low I'll buy a few hundred just for fun.

>>4883625
>100% secure
Magic beans will be next. They can grow.

>>4883604
It's rare like beanie babies, cabbage patch dolls and other retarded shit that everyone had to have. The chart is straight up with no apparent demand, it will crash and soon.

>>4883604
LOL

I am making rare pepes. Buy one for $1 million. It'll be one of only two copies.

>>4883642
Think they'll go the same way as Kenya?
http://archive.is/v0M2oj

>>4883650
Do you take bitcoin?

Holy shit lmao @ all the salty salty nocoiners ITT. Stay poor cucks

>>4883653
GIVE ME A COIN IM SO FUCKING BROKE GOD DAMN IT 19ekYt9bvNbEzYmtbaJKL8ZSMwhXZHTpSK

>>4883646

>>4883655
bottom left is definitely my favourite

>>4883630
- If I mow your lawn, that service has value.
- If you give me a crate of oranges in exchange for my service, that has value.
- A rare, useful, and beautiful element like gold has value.

All the above has value because people want them, THEM, those actual things or services. Those goods or services are valuable to people because they need/want/like the good or service.

Unlike lawn mowing and oranges, gold is needed/wanted/liked by most everyone. Money is undesirable in itself, but is a good place-holding substitute for cumbersome gold, as long as the money can be changed back to desirable gold.

Now, try to fit bitcoin in there somewhere and when you see that you can't, that's when you'll appreciated it's zero-value status. It's undesirable by itself, and never held the place for anything else of value.

Before you start complaining about fiat currency being just that, what do you think we've been whining about all this time? Bitcoin isn't much better than fiat, except for its scarcity (for now) factor.

>>4883654
sended'd ;)

>>4883658
do NOT taunt me

>>4883654
Hi /pol/ since I made it to lambo-land with my BTC , I bought for $10 a piece, I will now share some with you!

The first 10 replies with t.rips and a picture of their face will get 1 BTC. Not a joke btw

>>4883660
fuckyouuuuuuuuuuuuuuuuuu

Besides heroin from darknets, can you actually buy anything with bitcoin?

>>4883660
>tfw too ugly to post face on the chans

I cashed out my BTC bag (/biz reporting in) yesterday. 4.17 BTC at 17,050.

71 grand back into my checking account. My investment was 30K between the period of 5000-8900.

I will buy back in at 12 if it goes that low.

>>4883587
This is the answer. The people control market price, things can find their price but cant be pushed lower without going back up.

>>4883664
why would u get off this train

>>4883626
BITCOIN is nothing more than a financial solar panel...only thing stopping it is the tech development to allow mass adoption
>>4883625
In the very near future ,you will be buying your coffee in "Starcoin" and eating off of "Tendycoin"
Every company will offer their own branded coin denominated in btc

>>4883588
'Strayan maths mostly involves counting empty cans of VB.

>>4883666
I got scared. I had made 41K profit. And figured, you know, I feel like something really bad is about to happen.

I wanted the money back, in practical form, in my US checking account.

>>4883660
Fuck off nigger I don't take gibs from no man jew or woman

>>4883660

>>4883660
here it comes

quantum mechaincs

>You can't use it for anythi-

>>4883592
>the ability and will to tax it
they will all try at some point. it will be decided it is an asset and it is liable to Capital Gains tax when it is sold. but this just adds a hurdle for people to open off-shore accounts to deposit into when they sell. guaranteed that the governments will try to take a share, because they need the money to pay for the darkies they are importing

>>4883673
BANKS ARE FINISHED
DONE
IT'S OVER

>>4883660
>>4883660
Picture pf BTC wallet for verification. Not getting doxxed for no BTC.
1DqVMFpizihreDpNEWCnEJ6aU2M8n1rCDv

I wanted to buy some bitcoin off coinbase today and it got rejected for "undisclosed security reasons", both my cards

wtf? I already bought some a few months ago with the same card no prob lem

>>4883673
Based Nazigold.

>>4883675
>get credit card
>max out on Bitcoin
>make 10x investment
>pay off card
>buy gold with profit
Fuck Jews.

>>4883677
They know:
>>4883679

>>4883602
>crypto doesn't discriminate

Nah, it'd probably do well.

>>4883603
so well see a run up til then?
that's the day yesterday's order clears

>>4883582
Nice, just bought 100k

>>4883607
Hey don't hate on our tulips

>>4883680

>>4883657
Bitcoins are rare and beautiful.
Just like Pepe memes.

>>4883583
Except that it's falling right now pajeet

>>4883669
Gud for you, better a realized gain in the hand that an unrealized gain in a potential downturn.

>>4883602
It wil make crypto do better fool, because its not in bank. It not related to industry and servers are distributed globaly. Also mining units are relatively mobile and discrete

>>4883582
can you please use condom everytime you fuck? I don't want any idiot offsprings from you

>>4883592
It's already taxed as capital gain in many countries.

It may (arguably) be easier to hide it from your government than conventional stocks trading but that's illegal tax evasion.
You may or may not have a problem with that.

>>4883582
bruh, this is /biz/, not /pol/

>>4883657

>Now, try to fit bitcoin in there somewhere and when you see that you can't, that's when you'll appreciated it's zero-value status. It's undesirable by itself, and never held the place for anything else of value.
>Before you start complaining about fiat currency being just that, what do you think we've been whining about all this time? Bitcoin isn't much better than fiat, except for its scarcity (for now) factor.

All the jobs you've listed are labour jobs that men work in most cases out of lack of other opportunities - and these men are then taxed to pay for Stacey's university, her contraception, her abortion, the kids she does eventually have, their education, the cost of the socially pathological behaviour they'll likely participate in as the result of being children of single mothers, etc.

Bitcoin is a type of emblem or MASCOT coin for the crypto movement, and crypto represents the possibility of currency existing independent of government involvement and even oversight. When it gets to the point that any man can say "Pay me x crypto for this amount of labour", and he gets to keep all of that money - when the state can't tax him for it and the state doesn't print the money creating inflation...he ends up keeping most of the value of his labour, and this is something literally every man wants.

Crypto IS the future of currency, it's basically the ideal form of currency. So long as the internet continues to function - crypto will become the norm, and Bitcoin is the way to get there.

>>4883679
>jews devalue gold
>you're broke with stacks full of useless metal
whos jewing who now?

>>4883603

>>4883607
Bitcoin goes up to $1M
goes back down to $100k
> SEE FAGGOTS, IT WAS A BUBBLE ALL ALONG AHAHAHAHA

>>4883648
FUCK DUDE THIS IS A HUGE BUY SIGNAL FOR BITBEAN GET IN NOW

>>4883604
>Scarcity is the ONLY factor that affects value.
No it's not. Bitcoin is hardly scarce. You can just keep moving that decimal over.

What effects Bitcoin's value is hype and hype alone. Why do people buy Bitcoin? Because it goes up in value! Why does Bitcoin go up in value? Because people keep buying it!

It's a get rich scheme and nothing else. Everyone joining in is hoping that there will be some poor schmuck on the other end willing to pay them more for what they bought in for.

>>4883662
overstock.com
cheapair.com
tons of other places

>Cap this lads.

>>4883607
or maybe the tulip mania ended because they discovered that the so beautiful tulip everyone wanted was actually a disease making it like that and they couldn't reproduce it...

>>4883607
Who were the people buying tulips at 5000 dollars? Nobody? Maybe a handful of rich people? It only crashes when people don't buy it, and right now people are still flooding INTO the market daily.

>>4885307
>gold is not scarce, you can just keep dividing it into smaller and smaller pieces.

kys

>>4883582
Actually big investors predict this will only happen after BTC reaches 62k. What are you basing your thoughts on?

So i bought £3000 of BTC now worth about £5500. Im not fussed if it tanks, hell i might even buy more, but how do you convert this shit ino fiat currency in a reasonable way?

Surely you're bank account will be flagged for loads of suspicious entries if anything.

>>4885307
>This pizza is not scarce because I can keep cutting it into smaller slices.

>>4885916
Gold's price is mostly from it's uses. Yes, it's scarcity has something to do with it, but it's not that scarce. There is more than enough gold on this world where we can all have some gold. It's also still being found to this day. Bitcoin's value is all speculation.

>>4883660
its mine yes

>>4885973
Buy something from Amazon or Ebay.
Oh, right.....

>>4883607
TULIP MANIA NEVER HAPPENED FOR FUCKS SAKE

>>4883582
Haha, another newfag btc prediction post. Only times btc crashes is when certain governments talk about regulations..been dips for bch and price corrections, not dips. Well done bringing out conspiracy theories..truley showed your one that lives/lives in your parents basement and watched YouTube conspiracies like they are the nightly news

>bought in yesterday at 15k or so
>haven't made enough to even cover the transaction fees yet
help

>>4887416
Get out asap

Anybody else wonder if not being able to cash has been set up on purpose so the price doesn't crash?

>>4883582
so what you're saying is short BTC around 19k

>>4883582
The chinks and Koweans are in too deep they're not gonna allow the Jewy boiz to take over without a fair fight

>>4887307
Hur dur muh Tulip Mania hur dur fhgggf fhhhhh

Except during Tulip Mania the price was 30x the average yearly salary of a skilled craftsmen. Bitcoin isn't even a 1/4 of the average salary in most western countries.

Fffffffff buhgggggggggggg fghhhhhhh

>>4883582
I agree op, bitcoin is good as dead, indeed you should all send your bitcoins to me for safe storage (as long as locally stored btc will retain it's value) even if the value crashes and there is no better storage than anonstorage, so send your coins to me to weather the storm 12o8Y2JnD8uzUKuV (deletethisportion) Gjhkpj8N1xqViXYQxe you cannot retain your btc asset value in other way.

>>4884706
Are you that dumb?

This makes taxation even easier you muppet. DISTRIBUTED LEDGER. ITS A JEWS DREAM.

It guarantees tracking of assets and making sure person A pays person B.

>>4887950
its 100% anonymous as long as you dont cash out

>>4883669
fucking pussy ass weak handed mother fucker, you deserve to lose your gains faggot

>>4883607
> comparing finite product to an infinite one

>>4884511
>goes up 6000 dollars in 3 days
>corrects 2000 dollars
>IT'S CRASHING GUYS
no bitcoiners truly are retarded

>>4883627
>You do realize that it is susceptible to 51% attacks, and that there have been multiple successful attacks already?
>They call them “forks” so people don’t panic sell.

False. The benefit derived from a 51% attack is grossly outweighed by simply participating honestly.

>One kike with a quantum computer could trash the whole system with its “revolutionary” immutable ledger.

False. The addition of a bit of quantum-resistant data is all that's needed to mitigate this threat entirely.

>Almost all the positive shit you hear about the technology behind bitcoin is false or the opposite. It has one redeeming quality, fungibility, which almost doesn’t matter at all and is in no way unique.

False. It is decentralized. That is the primary benefit.

>>4883592
Don't you think paying $10 extra for your coffee is great? Transactions only take 1 hour.

You are a retard if you don't see the value in such a technology.

>>4883619
all this. it felt overpriced at $200 and $1000 considering how much of a shitshow everything is. still holding some though, until the msm switches to covering alts.

>>4883618

I'd throw a few satoshi at this

The fact is there are so many unstable and scketchy things going on in the crypto market right now yet people are willing to ignore it in the hopes of making loads of money. The only thing that's holding this together is more possible growth. I mean come on i don't think you could get a more obvious bubble. Ask yourself this question, are you holding coins because you plan on spending them in the near future or because you want to get rich by selling?. And are you any different than the millions of other people getting into crypto right now?. I don't think so

>>4883618
>I took a crap this morning that is star-shaped, kid you not. Never seen anything like it.
>
>Taking offers for it starting at $45K USD. You either have it or you don't

will Steam take it as payment?

>>4888620
I'm here to make $ and transfer value without having to use banks. The second reason is what got me into this.
>And are you any different than the millions of other people getting into crypto right now?
Yes. I'm not a normie that will download coinbase and never transfer there coins to their own wallet.
I want to see working decentralized products and use them.

>>4885973
>but how do you convert this shit ino fiat currency in a reasonable way?
fucking lol mate nobody told you yet?

https://discord.gg/RBAR3Z

22:00 GMT is pumping time. get in while you can.

>>4885366
I love how the implication of this image is that BTC will continue to rise forever

That's what they thought about the stock market in early 1929

>>4888943
it's a funny pic made by a braggart wannabe day trader, if they do ever manage to cash out they will probably lose that roi on less lucky bull markets

>>4883593

This is a much better prediction. $2 would require complete failure of some part of the bitcoin network.

>>4888943
What is stop loss? If it crashes I keep profits. I too was a salty nocoiner but got in at 4k with around $250k initial and look at me now. With good risk management I'm sitting on North of 5m trading this digital chucky cheese tokens. And don't hit me with that can't cash out bullshit. I already took 70% out from crypto and into other areas and I don't think I'll ever work again

I will cap your asss fro being a gay retard

>>4889183
222k unconfirmed transactions and counting...

>>4889002
Just mad your Rick and Morty worthy watching IQ couldnt let you purchase pyramid schemes? Kekekkekekek

>>4885345
you have to report every purchase as a tax gain correct?

>>4889308
bitcoin isn't a pyramid scheme

>>4889278

Yeah, that is a failure for sure, but maybe not a permanent one. At least if people start abandoning BTC then eventually it will get unfucked once the value and demand is low enough.

>>4884706
Naive idealism.
Crypto is indeed the future. But one day it will be government controlled and regulated, and it will be easier than ever to tax you and track your earnings.

>>4890097
http://archive.is/4J52Z
More Bitcoins hacked and stolen.

A 99,989% correction/crash, yup very realistic.

>>4889635
>bitcoin isn't a pyramid scheme
It wasn't

>>4883610
Don't listen to these retards, your 10+ btc will make you a billionaire soon