/biz/ - Business & Finance

>>5345389
What an idiot Mcafee is

>>5345409

at least we can now point back to this and stop giving attention to his other retarded memecoin picks on twitter

>>5345389
Don’t fuck with mcafee

>BTC 20k EOY
>link hitting $1 ever

pick one and suffer the darkest timeline

>>5345389

mc afee is delusional.

the big money guys didnt bet on contracts for 20k

maximum 18k those are the futures bets

>>5345423
You think this shit is going to stay low dude? Give it 6 hours my dude

20k eoy is possible. BTC pumps 3k in a day, it cant do that twice?

Its true though. Bitcoin cash had to eat up btc as soon as it was released.
It couldnt.
Now btc will regain power and once again the tyrant will reign

>>5345389
Protip: hes talking about BCH

quantum suicide.

>>5345389
Well it probably will happen.
Everything is still perfectly on course according to TA.

Mcafee is a member of the bcash elite. He's just another manipulator fucking over normies for a quick buck. Sad

>>5345519
What is it with you people?

>be salty about them making bcash number #1
>not cashing in on it for easy gains

hell we buy literal scamcoin pump and dumps every day for some free money. How is it an issue when done on a large scale.
Suddenly /biz/ goes occupy wallstreet?

>>5345450

chinese fud was irrelevant and fake but Bitcoin being unusable is not fake. Why would I spend a single investment buck into a shitcoin that will cost me days of transaction time and money
DAYS. LITERALLY. And it's not even sure if it will EVER get mined.
Bitcoin can die, I dont give a single shit and I'm actually invested in it still.

>>5345469
it recovered from 2900 to 4k in two days. that's a 35% increase.

Same amount of growth would mean 13k>17k recovery in two days. So it is absolutely possible.

>>5345442
oh god you talk like wallstreet controls us. this is cancer.

bitcoin is bigger than wallstreet or the part of wallstreet that would be participating at this point.

>>5345571
The problem is we are trying to get normies to adopt crypto while faggots like Rodger are telling people to stay away. They've literally pump and dumped bcash twice for attention while publicly shitting on the most important coin in the space. It makes everything look really fucking bad

>>5345519
he just rides it for the money though
he doesn't give a shit about big blocks or anything really

>>5345389
We already made 20k before the end of 2017

Sure it was only 19,999 or whatever but basically the milestone was reached and then the dump happened

>>5345577
>bitcoins value is based on it being used for transactions
welcome friend, enjoy your losses

>>5345765
True. But he is getting way too much attention for these outlandish claims. It makes crypto look more scammy than it already is

>>5345389
He's right, it will happen
Normies thinking this is the real crash
Babys' first correction

I want to believe

Reminder that Bitcoin futures exist for exactly this. We have big money investment firms with billions of dollars in an unregulated market. They're going to crash it as hard as they can and collect their short position then ride this shit to the Moon.

Expect even more exaggerated rise and fall cycles than ever before.

>>5345701
No, he just knows how people and markets work.

Keep being bad

>>5345882
first correction? are you new

>>5345389
>https://www.theguardian.com/world/2012/nov/14/john-mcafee-hiding-businessman-murder

>varg, mcafee, everyone who is successful seems to be a murderer

guess it is an alpha thing

>>5346172
are you new?

>>5346210
ya im new

>>5346203
Sometimes faggots get in your way and refuse to move.

>>5346203
It's a certain mindset you get when you become extremely successful

You start seeing others not as people, but as assets. Expendable assets.

>>5346172
Babby's first correction. Not first correction overall.
Remember that lots of normies flooded in since November.

>>5346203
>murder
Who cares? Have they ever winked at an attractive woman? That would be a REAL crime.

i mean, isn't he already correct? we hit like $19k around the end of the year. that's an insanely accurate prediction already.

are retards taking him literally and expect the price to be EXACTLY $20,000 on midnight 12/31?

He literally eats literal shit.

>>5345409
>What an idiot Mcafee is
>9 days to 31 december
>bitcoin is able to go +1000 dollars in 3 minutes

You will regret not buying this dip

he's right tho

Didn't it already kiss 20k? Like a peck on the cheek?

>>5345840
Only coins with actual use-cases can be top marketcap.
Bitcoin used to be useful in ecommerce.
ETH has an entire ecosystem of ICOs

Bitcoins current year ponzicoin situation will ban it from the top 5 capcoins

>>5345721
He has every right to shit on it.
Thousands of people built companies relying on BTC being an online currency in shops etc and bitcopin core and the redit crowd decided to fuck all those businesses over by destroying fees and speed aka not raising blocksize.

Bitcoin dug its own grave and Ver is a hero for talking truth about it even if it means thousands of cucks will descend on him for cheap ad hominems.

>>5346561
a boop on te snoot

>>5345389
Don't give a shit about a potential few % I'm holding my fiat.

>>5345721
Fucking CNBC and Roger Ver declared a BITCOIN CIVIL WAR.
Hmmm.. I wonder why people are losing confidence for cryptomarket.

if this doesnt happen can we ignore him forever please?

>>5346561

Yeah, just barely broke it. His Verge shilling made me some money, but now it's at 10 cents again, but satoshis it's been pretty stable.

>>5345571
Well, scamming isn’t exactly commendable.

>>5346624
Roger Ver is lying shit.
>Instant transactions If you using BCH.
Same time It was working slower than BTC.
That's what you get If you try scale by increasing blocksize.

>>5346727

*but in satoshis

>>5346748
Thats bullshit. Your transaction will always be in the next block.
Also in BCH several changes (as satoshi indended) make it feasible to accept 0-conf again.
This opens the path to OTC payments


BCH will be cents of fees even at 8 times the volume of BTC right now. Scaling via blockchain is the perfect stopgap until horizontally scalable solutions like graphene blocj sharding or hell even lightning can be implemented.

>>5345389
I dont even understand, we already broke 20k as average price from all exhanges. Just look at CMC.

>>5346803
> lightning can be implemented
absolute delusion

>>5345389
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

BUT BITCOIN DID REACH 20K
IT WAS ALREADY BEING SOLD FOR 20K
MACAFEE YOU MADMAN
THE ULTIMATE LEGEND

IT'S GONNA DIP MORE
IT'S GONNA CRASH DOWN TO THE FOUR-DIGITS
AND THEN IT'S GONNA SKYROCKET TO $50K EOY
BITCOIN CASH WILL REACH $20K EARLY NEXT YEAR

>>5346803
Fee is pretty low but blocktime takes same or more than BTC.
Its not fast crypto in any category.

>>5345701
>bitcoin is bigger than wallstreet

>>5345409
>what an idiot McAfee is
>You being this new
Bitcoin can literally go to 25K in under 3 hours in favourable market conditions

>>5346803
Also when BTC had same amount of transactions than BCH is having now, It had Vesper fees than BCH has.

>>5345970

>>5346984
*cheaper

https://www.rt.com/news/411379-john-mcafee-bitcoin-prediction/

What’s the price in Korea right now?

>>5346979
Wow, such a stable currency. Surely it has a bright future.

>>5345409
but he's right

>>5347046
Who the fuck cares about the utility man. Just make gains and stop treating this coins like sports teams. Leave politics and philosophy outside the door. This is why you'll not make it.

>>5346939
Like I said they made sure 0-conf (aka instant) can be safely accepted in OTC and online shopping unless its a high value transaction.

Its game theory. Nobody will attempt a 51% attack doublespend for transactions below 100k$.

This means:
- cent fees
- Instant payments possible
- First confirmation always after 10 min at most

Bitcoin:
- 20$ fees minimum
- uncertain confirmation 4-48 h
- or never
- 0-conf not acceptable

Its not rocketscience which coin will win guys.

To top it off:

Bitpay integration is confirmed. Yes that means you can soon pay in tens of thousands of shops with BCH and ultra fast too
BCH creditcards are launched
A new alcoin exchange is launching, trading all BCH/alt pairs
List goes on

Meanwhile in BTC-land:
LN beta on mainnet maybe in a few months while you suffocate on fees and all merchants remove support

>>5345970
Lmao who wrote this

>>5347116
>Who the fuck cares about the utility man.
Confirmed ponzi.

>>5346651
boop the snoot!

>>5347046
>bitcoin price not yet stabilised because buyers and sellers not equalised

>bitcoin in long term uptrend

Where does this tell you the final stable price is likely to be, brainlet?

>>5347046
>volatility
>bad
>people making money off of a new kind of currency, and in turn adopting it
>bad
baby hates money.....................................

>>5347192
Bitcoin is a currency, not a product. Despite artificial scarcity it's very volatile. You fell for a scam.

>>5347215
>new
It's 8 years old now...

>>5347216
It is volatile because it is new. If you wait for the volatility to drop to the level of a national currency it will be at 300k per bitcoin.

But if you want to stay a poor nocoiner that's your decision.

>>5347215
Yes volatility is bad, you fucking retard.

>use currency
>boss pays me
>next hour currency is worthless

>>5347280
Since when is it worthless?

>>5347238
you're 12 years old and still don't know shit

>>5347040
about 18k

Source: Korean

>>5347280
I've been saying this, but bitcoin will not be a payment system in the future. it will more likely be akin to gold. You don't pay someone with gold bars

Some other currency will become the standard for actual transactions, while bitcoin will become more of a gold like investment/commodity

>>5347303
$16,852.00
Source: Bithumb

>>5347269
It's volatile because nobody trusts this and it's just used for pump and dump.

>>5347291
>Since when is it worthless?

>use currency valued at $30 per coin
>boss pays me in coin
>next our it's down to $15 per coin
It was an exemple for how a currency has to be relatively stable. Currency adoption is based on trust in the currency.

>>5347335
So not worthless then.

>>5347335
I'm screen capping your pathetic no coiner cope so I can have a good chuckle in 2 years time.

>>5347159
Although I hate both BCH and BTC, I longed BCH when it was $1700, seeing the heavy PR being done by Ver and it trending on Twitter. Me hating BCH didn't stop me from taking this opportunity. After the coinbase fiasco and seeing all the negativity I shorted BTC and BCH and still made bank. Nothing stopped me. It's all just numbers and percentage gains. Now I'm waiting for a confirmed stable uptrend to long BTC again. No FUDing or morality is going to stop me if I'm confident on a bull run. Deep down you all know it's a Ponzi and full of insider trading.

>>5347280
Look at this fagot. Volatility is what makes it all so profitable.

Would you accept being paid in bitcoins ? I mean for the few who have a job here.

>>5347387
this

>>5347328
>akin to gold
gold is a physical object that can be used to make other physical objects that have accepted value worldwide

i see no comparison with a virtual coin

>>5347408
Considering I have been converting all of my disposable income to BTC over the last 2 years, yes.

>>5347406
you undercut yourself by posting pictures of a generally accepted moron, now jobless and shunned

>>5347406
Never said it wasn't. Ponzis are profitable as long as you find new blood to scam. Careful not to be the one being fucked in the end, buddy.

>>5347364
It was just wording, I gave you a more appropriate example of how people will never trust it... Holy shit, and this is the people who buy bitcoin...

>>5347408
Yes since it is superior to fiat in every measurable way

>>5347128
BTC can also do 0-confirmation transactions and it even more security to so.
Only things that BCH has and BTC doesnt are bigger blocksize and DAA.
None If those makes your transactions instant.
Bigger blocksize makes The fees lower and DAA is just a clusterfuck that doesnt work like it had to work ( it was made to make BCH more profitable to mine but that didnt work, also The first version of DAA was broken.)

>>5347486
>thinks bitcoin is a ponzi yet thinks national currency based on fractional reserve banking isn't

How about you go do some research anon.

>>5347501
>Yes since it is superior to fiat in every measurable way
Can you buy a house with bitcoins? Taxes? Hospital bills?

>>5347470
Posting Nigel farage doesn't have anything to do with my arguments. I merely using him to express laughter at an opponent's stupidity and/or ignorance. In your case, ad hominem, attacking the characters debating instead of the topic at hand, a brainlets preferred style of argument.

>>5347524
>BTC can also do 0-confirmation transactions and it even more security to so.
no.

DAA was fixed and is more flexible than BTCs now. looking forward to when miners switch to BCH and BTC blocks take 60min.

0 conf is feasible to accept. For a paying in shop kinda situation thats in fact instant from the users perspective. That is the way satoshi envisioned it and it works pretty great.

t. I used it to pay camwhores instantly without waitingtimes back when btc was still usable.

>>5347535
>house
Yes

>taxes
Very likely in near future

>hospital bills
Live in a civilised country with free health care

The point you are missing is, by the time you wait for bitcoins volatility to drop and it be accepted everywhere, YOU will be a laggard on the s curve of adoption and you will never be able to buy even 0.01 btc. Got it? You're welcome.

>>5347534
I consider fractionnal reserve banking as bad and it should be banned. I also consider central banks, like the Federal reserve, loaning currency to the state as bad and they should be closed.
Being a critic of bitcoin doesn't mean I fully accept other alternatives.
I liked the idea of bitcoin and the technological aspect at first, and I think the concept has futur for security purpose regarding immaterial transactions.
I think these digital tokens could have a futur as a proxy for transactions, like buying casino tokens and use them and then change them again. Only good thing about it is security, it's the only value it has.

>>5347623
>free health care
Nothing is free.

>>5347703
Well then you should like bitcoin as a way to shelter your money from the idiocy of the state and cretins like Paul krugman. It is the ultimate hedge against the moronic practice of fractional reserve banking

>>5347470
lol wtf hes a hero and respected worldwide.

>>5347602
>No.
Big Camera in Japan is using 0-confirmations..

>>5345840
>muh btc is a way to store value just like gold argument
The only reason gold is a storage of value is because people actually buy it and use it for a purpose. With gold you can at least use it to make jewelry that call sell for more than the value of the gold whereas with bitcoin you literally are buying something that is useless because it will make you money without it having any practical use cases. BTC reeks of a Ponzi scheme and it will be seen as such when actually useful forms of crypto are introduced to the mainstream.

>>5347801
I have no more trust in bitcoin than in those central banking schemes. It's as centralized as regular currencies, huge volume of bitcoins are in the same hands and they manipulate the bitcoin market for profit. That's sad for a "currency" that's supposed to be "decentralized".

>>5347893
Most importantly, you can store your wealth with gold, and it's not very volatile so you won't be fucked for storing. Jewelry, electronics is nothing compared to the ability to store wealth.

>>5347899
All the problems you have listed so far, are temporary. So either get in now at the bottom or wait for these problems to be resolved and pay 1 million per coin.

>>5347987
>temporary
>So either get in now at the bottom or wait for these problems to be resolved and pay 1 million per coin.
I'll wait until it's usable for its purpose, which is being a currency. I'll adopt it when this will be the case, if it is ever the case.
I already have other investment, better investment than this shaddy product. But if it ever become a trustable currency, I'll use it.

Bitcoin will be 0.50 by 2020 or Ill eat an asian girls ass on live TV

>>5348108
>already have better investment than something that's up 2000% this year

Whatever you say, nocoiner.

>>5348108
Bitcoin isn't supposed to be used as a currency it is supposed to be used as an asset. That's why the bitcoin/litecoin pairing is so strong as a gold/silver

>>5348197
I'll be ok.

>>5348219
So now it's not a currency anymore. Oh shit. So what do you do with this asset? What's the purpose? Why should I chose bitcoin over other investment or gold?

>>5345389
This guys pumping BTC to unsustainable levels and hoping it will crash and bleed out into oblivion, because he's secretly all in on BCH. I'm not even joking.

>>5348252
Mfw you check the price of bitcoin in 2 years and want to kill yourself

>>5348362
>YOU'LL SEE IN A COUPLE OF YEARS JUST GIVE IT TIME
Sound more like wishful thinking because you're about to lose a lot of money.

$12k bounce
$20k eoy
$16k correction

Cap this.

>>5347238
thousands of years more recent than gold
217 years more recent than the first U.S. dollar
so new that some people still think it's a ponzi scheme
it's pretty new

>>5347280
you monumentally stupid fucking retard
if it became worthless, *YOU JUST WOULDN'T SELL*
I MEAN, IT'S VOLATILE, RIGHT?! THE PRICE IS GONNA GO BACK UP
and, are you genuinely assuming that bitcoin could become worthless under current circumstances?
PEOPLE HAVE INVESTED BILLIONS OF FUCKING DOLLARS IN COMPUTING INFRASTRUCTURE AND ELECTRICITY *ALONE* TO MINE BITCOIN
THEY'RE NOT GONNA SELL FOR LESS THAN WHAT IT COSTS TO MINE THE DAMN THING, AND NEITHER SHOULD YOU OR ANYONE ELSE
EVEN IF THE PRICE TANKED DOWN TO $2 AND ALL THE MINERS WERE TO SUDDENLY QUIT FOR WHATEVER DUMB FUCKING REASON YOU THINK MAY HAPPEN BECAUSE "MUH BUBBLE" FOR AS LONG AS BITCOIN HAS EXISTED AND FOR THE REST OF TIME YOU PENNILESS FUCKWIT, THE ALGORITHM WOULD ADJUST, AND MINING WOULD ONCE AGAIN BECOME PROFITABLE—ASSUMING THAT THE MINERS WEREN'T BRAINDEAD FUCKING MEGAKEK RETARDS THAT SOLD FOR LESS THAN THE COST OF THEIR TIME AND EFFORTS
THEY WILL SELL FOR MORE THAN THE COST OF MINING
THEY WILL NET THEMSELVES A NICE PROFIT
WE WILL HOLD COINS, AND WITH GROWING ADOPTION, USE THEM AS THEY GROW IN DEMAND—AND FOR THE RISK WE TOOK, WE WILL NET OURSELVES A NICE PROFIT
THIS WILL GO ON FOR AS LONG AS THERE IS BITCOIN TO MINE
AND THERE IS NOTHING AT ALL THAT YOU CAN DO OR SAY THAT WILL EVER CHANGE THAT

RUN AWAY YOU PRO-SOCIALISM PRO-GLOBALIST BANKSTER SCUM
GET THE FUCK OFF /BIZ/—RIGHT THE FUCK NOW
RUN FOR YOUR FUCKING LIFE
RUN FOR YOUR FUCKING LIFE

>>5348414
I bought in under 1k you stupid newfag, already have lambo money.

btc always rises way faster after it crashes

>>5346411
Uhh you know he didn't exactly make that guess more than a week out from that happening right?

>>5347408
Nope the government already taxes me enough. Don't want to pay $100 in transactions

What everyone doesn't understand is that you need bitcoin to buy other BETTER coins. If u could pay cash or USD for other cryptos then bitcoin would have stopped being a thing a LONG fucking time ago.

>>5345409
>cornered the market on antivirus before viruses were even a thing in the public consciousness
>made his company out of nothing but charisma
>had employees devoted to him to the point they'd sleep on site
>women swooning over him
>sold everything to open fuckhuge yoga retreat
>becomes expert in the eyes of hippie nutjobs
>women swooning over him
>spreads rumors he lost all his money to get out of lawsuits
>goes to third-world country and lavishly spends his money to help people's lives
>pays teens to sleep with him as a 60+ years old
>they end up genuinely grateful for the attention he gives them
>makes his own mercenary force out of convicts
>gets gangbanger killed for breaking into his home
>convinces best friend of gangbanger to become his chief of security
>gets dogs poisoned by cuck neighbor
>orders security goons to kill him by the next night
>runs away to another country with one chick under each arm while giving media interviews
>gets caught
>fakes heart attack to stall long enough to prevent deportation
>comes back to the US
>runs for presidency
>reestablishes himself as a cybersecurity expert
>be the target of a hitpiece documentary from jewish reporter
>ends up looking good from documentary
>becomes CEO of new company
>plugs shitcoins on young people media channels as a 70+ years old
If you can't see the man is the Chaddest of all Chads, you understand nothing about business.
He came from nothing and sold the McAfee image to millions of different people over 30 years.
He's a genius and a conman all at once.
Yes, many of the coins he's plugging won't amount to shit. And yet he'll still be a household name moving millions while you sit on your fatass feeling superior for seeing through his bullshit.

>>5349127
Bitcoin isn't the only currency coin.

>>5348733
>newfag
I had /g/ put shit in their asshole for imaginary bitcoins before you even knew about it. Look at these glorious bitcoiners.

>>5348460
Cap my dick in your mouth.

>>5345506

So the rune and tea leaves are corroborating the magic 8-balls prediction of "Outlook Good"? Fucking fantastic.

>>5349307
So you're admitting you're a fag?

>>5345389
it will bounce back

BACK TO ELEVEN BOYS

>>5349609
I never put things in my asshole for imaginary money, so no.

THE BOUNCE, IT'S BEGINNING