/biz/ - Business & Finance

>>56695051
literally just check the code

Then I buy more.
Simple as.

>>56695051
Kys

>>56695152
It isn’t coded to hit certain prices. It bases the price off of buys and sells. Get more people to buy and it goes up, more people sell it goes down.

>>56695152
This. It's coded. In the code. Programmed. Bitcoin is going to 10-8k$usd to fill the programmatic CME gap. It's written. Preordained. Fated. Coded. WFH SWE coded. The bearish thesis is not invalidated.

>>56695051
Why would you think that it could go to 8k again? Unless you have a legitimate reason, you sound like a schizo.

>>56695169
No it isn’t. The “coded” shit is what midwits say.

>>56695169
You're fucking retarded. when we say it's programmed to go up, it's about the amount coming onto the market being cut in half by virtue of the code, and the rest of the circulating supply slowly being lost as people forget their seed phrases or die off leaving no way of recovering their coins.

>>56695165
Is this true?

>>56695051
programmed

>>56695197
What happens with thoose lost coins? What is the percentage of lost coins? I mean with that number will go up and up and up, I have a bud who lost his phrase and he had like 0.6 btc on it and some mETH, I know its nothing but internet is littered with articles on how to recover wallets without a phrase lmao

>>56695197
That's not code dummy. That's random normie things that are not in the code. $10k IS programmed on line 174 though.

>>56695051

>>56695253
They're lost forever. Burned essentially. So the amount of btc actually available is always going down, while the demand for it is always going up. That's where the meme that it is programmed to go up comes from. It's literally programmed this way.

>>56695397
Is circulating supply the available number? Im so retarded when comes to crypto myself I just DCA btc and nothing else and only use money that can be lost withour major consequences, so no alts
Where do you check that available quantity of btc? People like to compare btc to gold but the ammount of gold lost is tiny and unlike btc gold is being mined everyday and its supply goes up and up

>>56695430
>Is circulating supply the available number?
yes

>>56695165
In order to sell, someone must buy. In order to buy, someone must be selling. You don't even understand how the price is determined, lmao.
>>56695205
Nope

>>56695430

>>56695051
>what if
Then you'll be able to buy at 10k-8k. And that'd be a good thing. Nothing bad about that. And the lower BTC crashes, the stronger the resulting bullrun is.

The only reason BTC crashing to 10k or lower would make anyone angry (or make them feel bad in any other way), is if they're still holding all the way since 50k or over 60k even, and haven't done any profitable trades since to cancel out the loss on that purchase. Or they bought near 38k just now, and are afraid it'll crash down there from here so they won't see profit on their near-38k entry for a long time or be forced to sell in the red to minimize their losses. Or they're longing but opened the long too late so it's under water now, so they're therefore terrified of such a crash occurring right now.

For everyone else, that sort of massive crash would be very nice. Everyone else would profit immensely from it. And even those who've held since around 60k and haven't bought since would profit (cancel out their losses) if they made a big purchase at the bottom of such a crash, but they won't because first of all they're not smart enough to do so and secondly many of them are poor and spent all the money they could put aside for crypto when BTC was around 60k so they can't afford a new purchase or they used their parents money and aren't allowed to make any new crypto purchases.

So we can easily tell who's portfolio is in red, by what they post. When an anon is angered and upset by the prospect of 10k or sub 10k BTC, you know he's in the red.

So why are you sweating, OP? Worried? Why?

>>56695165
You're forgetting that miners don't mine for free

>>56695051
>What if
Lol. Look at a chart. This pump is a fractal of a similar pump. We are going to $8k.

>>56695165
>>56695177
>>56695197
Ihhh im a soft ware engineer and i can safetly tell you without an doubt that after reading the bitcoin code that, 10k is in fact, programmed in the code. Theres no reason to program this coin any higher in the next year. When the coin halfs then the price will have since you only get have a coin. It was part of the 8th to last pull request before the initial launch. Look at it, there was tons of PR reviews and even their PM and dev lead approved it. They had a p0 ticket on their jira for the price retard. Learn2code

>>56696370
The exact same argument was made in 2018 for why BTC couldn't possibly drop sub 4k. Again and again and again while BTC was between 6k and 7k, bulls used that miner argument as proof the bears were wrong. The argument has failed over and over again, and it's only used by newfags or agents trying to deceive people and push a narrative that the price won't drop to a certain point.

>>56697210

>>56697210
>>56697290
i remember this shit. seeing it drop to 3k was insane.

>>56697290

>>56697328

>>56697364

>>56697210
>>56697290
>>56697328
>>56697364
I see absolutely no one talking about miner fees, no one talked about it at 15K and no one is talking about it now either

>>56695051
Its not the bears saying it. They're just pointing out the CME gap at $3,500 that has to be filled. The people saying that BTC is going to sub 10k is the literal code that is written into BTC blockchain code. Unlike typical shares in the stock market, each "coin" of BTC is actually just computer code.

>>56697446
In this very thread here: >>56696370

>>56697428

>>56695051
Then it will be the slurping opportunity of a lifetime

>>56695051
Not a chance. Market doesn't reward cowardice and another FTX entry will never be granted to you cowards

>>56697565

It's a narrative to keep normal investors sidelined. Nobody here knows so stick to dca and don't keep waiting for something to happen, because it won't. Same goes for people calling for 200k, normal investors wait and end up holding bags because it never happens in that cycle

>>56697616

>>56697668
Check out this seether. These sort of anons have always been on /biz/. Full rage mode while ranting about some reason why it's impossible for the price to drop below a certain level, and then they end up eating shit.

>>56697059
>he thinks a piece of actually useful software was made by a "team" of devs

>>56697059
Ok so when it never goes down to 10k again what will be your next cope?

>>56697723

>>56695169
kek

>>56695169
lmao

>>56697762
Another glorious seether.

>>56697059
Ok Mr "Software Engineer", please post a screenshot of bitcoin's code where it has $10k in it. I'm waiting.

In all seriousness, I'm getting pretty fucking sick of the bears on this board. There's no intelligent discussion is the reason why. The last true intelligent bears left this board after the $48k local bitcoin top back in early 2022. After that, it's been nothing but bitter schizos who believe that the S&P will dip all the way back down to 1990's levels in the "EXTREMELY SEVERE GHASTLY RECESSION COMING!!!!!OMG!!!!!!"

>>56697822
Same anon.

>>56697822
>>56697837
Mixed those two up, part2 should be first. Here's both his posts in one pic.

>>56697059
>When the coin halfs then the price will have since you only get have a coin
Good one kek

>>56697210
That post even has the ETF cope in it. Holy shit.

>>56697747
If BTC drops to 10K, I'll definitely shop for more DUA, ENJ, KAVA, and ETH anon. I'm wiser than you think.

>>56695171
Macro factors. Housing prices across the world needs to basically correct 50% in order to be in line with fundamentals. If that happens it’s another Great Depression. Boomers have 90% of their net worth locked up in their housing prices so they might actually go full 1488. Plus WW3 is pretty much happening even if there is no recession

>>56698765

>>56698954
Major difference being the average wagie in the Great Depression was making around $90k adjusted for today. As long as you found a job even part time you’d be fine. If Boomers today went bankrupt they’d realize quickly that the average wagie can barely even get by

>>56695051
It should not matter unless you are a filthy trader, now if you are just holding might as well take the oportunity to increase your stacks at really cheap prices

>>56695051
Bitcoin is programmed by the natural forces that govern our universe to go below 10k. Cope, seethe and dial8

>>56698978
1920s Germany was not the Great Depression. Great Depression was the 30s. Educate yourself

I'll buy some more then. thats the game homie.

>>56695051
It can never go to 10k - 8k range. People would buy in mass much before that

>>56699054
You mean the people who now get to start paying off their student loans and need to pay off their credit cards all the while they get to buy over priced food?

It's going to $0 since it's not hardened against EMP.

>>56695197
It’s pretty obvious this poor rube has never even looked at the code of Bitcoin. A real novice among us.

Educate yourself.

>>56699054
People said the same thing in 2018 about 6k-3k. They also said that about 20k as well (back when 30k was said to be bottom), those types of people who claimed BTC would never go down to 20k because "it has never gone back to a previous ATH before!!" while posting S2F and LGBT charts. They said 20k was bear delusion and everyone would buy before it could ever go so low.

>>56699111
No. He means the idiots he tries to rope in. They’ll buy and he’ll dump on their stupid faces. It’s a game of hot potato.

>>56695051
We're not only heading to 10-8k, but also 6-8k and 1-3k. Then 800k.

>>56699308
that's a little bit too optimistic

>>56697949
>>56697837
>>56697822
>>56697762
>>56697723
>>56697668
>>56697616
>>56697565
>>56697550
>>56697428
>>56697364
>>56697328
>>56697290
>>56697210
Hey guys this is the same dumb bear that's been calling for sub 10k bitcoin for a year because other bears had a gut feeling it will go to that price target. This dumb bear cherry picks threads on /biz/ in the hopes that he can manifest his buy in price since he missed 15k. I've been calling this retard out since the beginning since his rationale is so stupid just ask him to post his saved threads on it

>>56699334
10 KAY is inevitable
Micro Strategy will fail and liquidate its holdings, do the math

>>56699338
Please kill yourself or donate your net worth to someone more worthy.

>>56699349
all it takes is a drop to about 25k and the board will pull the plug
they will not sit though another downturn

>>56699355
Thank you for your well educated research may I see your short

>>56699368
shorting in high interest environment is costly. borrowing is expensive, on the other hand staking fiat is more profitable
but given the right conditions we will short the ponzi

>>56699334
>the same dumb bear that's been calling for sub 10k bitcoin for a year
Extreme newfag detected. MOST bears here have been calling for 10k and have been doing so for two whole years prior to 15k. 10k has been the most common bottom target for nearly three years now.

>>56699395
Correct. There are so many plebbitors on /biz/ now who came here in early-mid 2023 so they have no memory of all the Bobos predicting 10k throughout 2022 and in 2021. They really think the 10k calls began after 15k.

>>56695051
>Just one black swan event away

>>56699532
>>56699395
Please kill yourself. How long do you have to see it going up until you realize sub 10k is unattainable even under nuclear war circumstances

>>56699532
>>56699395
And give me the reason why it will go to sub 10k besides some bears calling for it on /biz/ I am waiting silly negroes

>>56695051
Then you'll be able to buy BTC and alts (especially!) much cheaper than now. Terrifying right?

>>56699574
selling happens, price goes lower

>>56695051
Then I will be a wholecoiner once again.

>>56700195
and then what
you will what
you will look at your btc
lets say you have 100 btc now, would you hodl?
hodling is pointless, because it wont make any money

I chucked some cash into the USDCtricrypto pool on curve. I am using beefy to autocompound. If there's a big correction it'll automatically balance itself and buy more BTC and ETH with the USDC. If there's any more bank failures I'll benefit from a form of arbitrage if USDC depegs again. I am getting good interest for now, so I am not complaining either way. I'll double up my position if BTC drops as low as $8-$10k again. Tell me bros am I retarded?

>>56695051
>this rally will fail like the others

>>56698765
>boomers going 1488

>>56695051
do they have a thing worse than WW3 and Corvit19?

>>56699334
> "this guy pointed out the Wont-Go-Below-X-Price-Due-To-Mining-Cost meme is false....... THEREFORE he's the same guy as some other guy who called for 10k oh and all 10k callers are that guy oh and 10k has only been called for for a year!"

>>56700594
You're not fooling anyone buddy

>>56695051
>10k-8k
0

>>56695051
its still on a steady 36k run, should be more confident around your coins, i might aswell sell everything to buy later at cheaper price, but who knows thats me trying to divide my holdings between kava/btc/solana, might aswell worth the shot.

>>56700690
buy at 36k
sell at 12k
NGMI

>>56695051
only time will tell if this is the case, for now we must make the best use of the bullrun

>>56695051
you are a big newfag if you don't know what to do in that situation

>>56700762
And what is the needful we need to do to best case our bullrun seer?

>>56695051
the answer will always be to invest in projects with a future, not in shitcoins created by a Filipino in the basement of his house.
LINK
KASPA
SOL
KAVA
are some of the coins that in spite of all the hate, are still alive

>>56700594
He — >>56699334 — is confused [1] as fuck, and wrong [2].

1: His confusion is he mixes up 2 anons. The anon he's thinking of is the one posting screenshots of people talking about 3k in 2018, which back then was the most common bear target (the bulls said 6k was the bottom). He mixes this anon up with the anon posting an archive link which shows 10k was frequently posted about before the 15k dump – and that link is simply a search result for 10k; a simple proof that indeed anons talked about 10k many times long before 15k, so it's asinine to call it "cherrypicked".

2: He's wrong because that 3k screenshot anon he's thinking about was posting those screenshots /before/ the 15k dump. He did not begin posting them after 15k. He was already posting them in October 2022. Picrel: October 24th. The 15k dump was later on Nov 9th (the dumping began Nov 7th but the 1D candle to 15k came later).

>>56700704
literally my case last year, I bought at 20 and ended up selling at 16 for personal reasons

>>56700794
People kinda forget that when you buy, you lock it your money, and it might be a bad timing.

why ppl keep telling it cant got to 3k?
it did it a few times from prev aths.
so all it takes is another desaster and there we go. btc is NOT a safe heaven frens, be careful secure ur gains on time!

>im out

>>56700787
they are alive because a couple of tycoons decided so, if it depended on their users they would have been underground long ago

>>56695051
God i fucking wish. I would buy 20btc.

>>56700792
Here's the thing gay bear you're still relying on 10k just because they said 10k DO YOU REALIZE HOW STUPID THIS SOUNDS

>>56700792
I'm talking about the only gay bear that is posting cherrypicked archived threads of bears spamming 10k how hard is that to understand

bears are doubling down on 10k and turbo-posting because its become clear that they missed the bottom for realsies

>>56699568
Man this is the worse bag holding, pike hopium , copium.

>>56700854
There's no such bear. Like he said, you're confused. You mixed two different people up.

>>56699568
in that case its faster at zero than yo can say no
topkek

Who gives a shit about the short term price level? Continue your DCA.

Think fifth dimensionally for a femtosecond:
1) hyperbitcoinization eliminates parasitic economic transactions by enforcing positive sum gaming
2) increasing BTC value pushes us closer to hyperbitcoinization realities
3) increases in value of BTC translates to DIRECT increases in worldwide economic efficiency by granting greater economic influence to positive sum actors

BTC bootstraps itself because futures where BTC gains value outperform futures where it does not. BTC is the greatest liquidity sponge therefore BTC will always gain value under fiat/debasement systems, as such, all realities where BTC is invented which operate under expansitory regimes will reach hyperbitcoinization. Bitcoin is an inevitability.

>>56697743
>>56697747
>>56697823
hello fresh faggots. have you actually not read the code? I forgot niggers cant read . i repeat I am a SOFTWARE ENGINEER. I literally work with the bitcoin lead PM right now. he is poionting to me in the code where it lirerally says
>...
>self.bitcoin.price = 10,000 * x
>...
where x is 1 when next year halving occurs currently its 3.6 and slowly scaling down as next year comes. holy cope
tell me you cant code without telling me you cant code
it has nothing to do with bear man i hold btc its just FACTS IN THE CODE
>>56697446
ive been calling this out forever and the only answer is "they will collect moar fees!!"
kek

>>56698765
bitcoin IS the deflationary crash

>>56695051
What if you just DYOR and had bought early November before the little pump, wouldn't you have been in profits, dear anon.

I got the tokens that was suggested here on biz I mean Link, Avax, Sol, Kda, and more, now as the steady increase is ongoing I'm putting more thoughts into IEOs I mean there's OpenGamesBuilders' coming soon and I'm all geared up for it

>>56695051
Of course they are right. After all there's a CME GAP at 9700.

>>56700762
pick on a good narrative like privacy. position and DCA into FIRO and RAIL.

>>56695051
What if...sounds like there would be uncertainty, which there is none of. 10k

Gapfillers are probably the most retarded breed of this board

Deflation
Recession
Rejection
Banan

>>56701986
The gap under 10k doesn't care about your feelings.

>>56697210
>>56697290
>>56697328
>>56697364
>>56697428
шpифты — гoвнo

>>56702161
The gap isnt conscious and so are you

>>56702184
Third-worlder detected. Proper English is "and neither are you".

>>56702172
携帯バカ発見
彼のスクリーンショットのテキストはピクセル単位で完璧に鮮明です

>>56701961
This is a very good point.