/biz/ - Business & Finance

never you no coiner dipshit

>>57966394
I haven't been a nocoiner since 2015 you normalfag

>>57966377
there's 2 separate events in your question

You really have no clue what’s going on at the higher levels of our world do you? You are unable to perceive why the institutions and governments are acquiring BTC. You don’t know what era of history you occupy and therefore have no clue which direction it’s going and when.

>>57966551
Didn't institutions buy a bunch of shit in the dot com era that went -99%?

>>57966597
You have no clue what's going on

ONE FUCKING BITCOIN

>>57966377
derp some people really NAGMI

>>57966377
high. a single critical vulnerability and it would die (-99.999%) until fixed (if that)

Pretty likely given the macro

>>57967192
I dont think that would ever be the reason, it would most certainly be outside of bitcoin itself. I mean, it would not be some problem with bitcoin, it would more so blackrock pulling some kind of bullshit behind the scenes and it failing some how because of it, and it dragging down bitcoin with it as collateral

>>57967242
do you really think technology is eternal and doesn't advance to the point of destroying previous technologies that people take for granted? are you sure someone doesn't have a private 0day vuln on bitcoin right now that he could use at any moment to become rich af?

>>57967305
>streets and electricity are obsolete technology

>>57966377
well as long I can cash out and it isn't a 99% in 3 minutes then...
>never go intro crypto again.
>buy a lot of real state following truflation input
>start charging low rent
>btc comes back at 2% increase, I go all in
>hodl into oblivion

>>57966377
>global EMP disables everything
>miners go offline, network halts
>no trades, no transactions
>bitcoin is worthless
10 years later
>electricity is back
>hey, remember bitcoin guys?
>miners start mining again

>>57968635
I mean on that logic, tomorrow a meteorite crashes on the poles and we all drow, or maybe the suns kills us with a super radiation cloud, or wathever... just do as you do.

>>57966377
that wont happen, and even still... will mine anything after, be it bitcoins or coal again.

>>57966551
btc is the future, it's here to stay, cant be avoided, wich side of the are we gonna be?

>>57968563
btc going to an all time low then going back up to 120k again would be orgasmic.

>>57968667
But with your examples Bitcoin would never recover since we'd all be dead

>>57966377
if it comes back after a 99% drop it would be very centralized.
not that it really matters, the dream of decentralized cash is long dead. the BTC devs made sure of that.

>>57967824
??? do you really think streets are designed and built the same way they were 2000 years ago?
wtf is your definition of technology?

>>57966551
>institutions and governments are acquiring BTC
Except for a couple of rare examples, they aren't.
Theyre all buying gold.

>>57966377
chances are pretty slim. not because btc is unlikely to go to 0, because it is, but because it wouldnt recover. if something goes to 0 it generally doesnt come back.

>>57966551
lemme guess, you do know.
you're special, you're in the know.

Idc what people say I love Stefan. I'd give him 2 dollars.

didnt this nigga turn out to be a neonazi or something? I thought he was an ancap

>>57971915
Nah, he has always been ancap.

He just acknowledged genetic differences between races and they used it as an excuse to kick him off social media during the 2020 election because his platform helped Trump win in 2016 along with Alex Jones.

I think he's unbanned now, but he refuses to go back out of principal or so he says.

>>57971915
He broke taboos about race and IQ but didn’t GAF because he was after the truth, well this served the alt-right Nazis very well. Many of us I mean them are former libertarians/ancaps.

>>57966377
Now that institutional investors are involved in BtC ETFs this will never happen. You will never see another crazy dump of BTC ever again.

>>57966377
I honestly think that it is a likely scenario for bitcoin. The crypto bull peak will be this year, probably around August. All people on socials are saying bull peak around eoy 2025. Too many are too sure of the bitcoin go only up (just look at this thread kek), so they will end up as exit liquidity. In the coming years, alts with real utility will do well, but bitcoin and meme coins will be forgotten outside of some occasional pumps. This right now is the melt-up.