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/biz/ - Business & Finance


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6769468 No.6769468 [Reply] [Original]

>buttcoin is crashing again
Wow, I'm shoocked. Surely now one could have predicted this.
>After hundreds of millions of tether 13k was the peak
Wow, looks like you're little monopoly money game didn't work out, huh sweaty? Oh well I'm sure you can cash out what little you have left, right?

>> No.6769498
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6769498

I need a 2d qt's thighs on my face stat

>> No.6769509

>>6769468
Why would you even want to cash out? Fiat is useless

>> No.6769989

Goes down 2%
Crashing.
Did you start crypto last week? Some of these idiots nowadays man..

>> No.6770389
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6770389

>>6769989
>Who cares if bitcoin drops thousands of dollars a week
>Currency of da future lmao

>> No.6770432

>>6769468
>sweaty

>> No.6770450

>>6769468
best girl

>> No.6770458
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6770458

>>6770389
>Doesn't even understand algebra and posting le smug anime girl maymay

I made more money than your mommy does in a month today

>> No.6770473

BTC goes up -> It's Tether
BTC goes down -> lol even Tether couldn't push it up

>> No.6770544

>>6770473
it's how nocoiners cope

>> No.6770617
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6770617

>>6770544
I cope by looking in my bank account and investment portfolio and seeing real money.
>>6770458
Not very impressive, my mom is retired, she doesn't make anything in a month.

>> No.6770982
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6770982

>>6770617
>real money

>> No.6771483
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6771483

>>6770982
I knew cryptoniggers were dumb, this is... Holy shit.

>> No.6771823
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6771823

>>6771483
I knew fiatcucks were dumb, this is...
Holy shit.

>> No.6772066
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6772066

>>6769468
sauce this semen demon for me

>> No.6772077

its not really crashing. just a correction after the huge rise. It will be back above 12 soon

>> No.6772102

LOL @ Jealous, Unintelligent, Tech challenged, Nocoiners

>> No.6772202
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6772202

>>6772102
>Jealous
What, of you're monopoly money, lmao. Look out guys, there's a new ico!!!

>> No.6772213

>>6771483
Holy shit this keynesian retard has no argument at all

Enjoy your fiat money

>> No.6772232

>>6772202
Imagine being this poor and butthurt lmao

>> No.6772242

>>6770432
this

>> No.6772289

Its a "store of value" ok everyone. You put value in it and it stores the value in your ass.

>> No.6772319

>>6769468
>You're little monopoly money
>You're little
>You're

>> No.6772326

>>6771483
Ok. Explain why a burger cost cents decades ago and now costs dollars.

Now realize burgers will cost tens of dollars in another decade or less.

>> No.6772343

>>6769468

Oh no. Bitcoin is crashing for the 287th time.

>> No.6772354
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6772354

>>6772326
>>6772326
>Ok. Explain why a burger cost cents decades ago and now costs dollars.
>Now realize burgers will cost tens of dollars in another decade or less.

>> No.6772383

>>6772343
This time the nocoiners have a point. I have been waiting for this "dip" for awhile now.

>> No.6772400
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6772400

>>6769468
Buttcoiners truly will come to be shown as the most deluded and desperate of our time. Grasping at straws all the way until the end, their glass house shattering all around them. Pathetic!

>> No.6772411

>>6772383

What are your plans for the dip? I already ICO invested near the high so I'm chilling.

>> No.6772469
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6772469

>When buttcoiners talk about economics and investment theory

>> No.6772482
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6772482

>>6772326
does your boss still pay you 5 cents a week you fucking mongoloid?

>> No.6772506

>>6772354
>>6772400
Now realize that ten years ago a burger cost 1 Bitcoin and today it costs less than 0.001 Bitcoin.

So, and I know this is hard to understand, but in the future the same amount of USD will not be enough to buy you a burger. But the same amount of Bitcoin will be enough to buy you unlimited burgers.

>> No.6772556

>>6769468
Nope not a crash.

Heres a hint...massive amts of bitcoin needed to be...transferred away from a certain exchange... which caused the dip.

>> No.6772609

>>6772469
Look at it as objectively as you can. Money is not defined by the (((government))) anymore. It's defined by a global technology. I understand you're mad that you missed some gains, I was in your shoes before. Definitely not too late to get in - actually it will never be too late. But stick your fingers in your ears and go about your normie life, there really isn't any way to help someone unwilling to listen.

>> No.6772622
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6772622

>>6772506
>Future
>For bitcoin
Ignoring the fact that it's in a death spiral, how will transactions work when it becomes unprofitable or impossible to mine? How will people deal with waiting hours for their purchase to go through, even better is the fact that buttcoin could very well crash in that timeframe? How will people deal with the fact that losing your password results in massive losses?
They won't bother switching to bitcoin when it's easier to just hand the cashier a few bills or a card and have the value transfer INSTANTLY.

>> No.6772697
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6772697

Normies ruined it with their get rich quick scheme, they've been playing our video game and losing, they are reaching the denial stage while we are capitalising

>> No.6772698

>>6772411
It needs to be lower but my plan is to get back in for a long position when BTC levels out around 6-8k

>> No.6772728

hahaha, why dont you just kill yourslelf op, in all seriousness. you clearly missed out on this shit bad and cant stop thinking about it.

unfortunately for you, thousands of people have cashed out millions from this for doing absolutely nothing but being lucky. and what do you have to show for yourself? desperate posts on 4chan, using bcash memes like "death spiral".

you sound very old, dont waste what little is left of your life posting on /biz/ thinking about how you missed out on your only chance of getting rich. just move on, it's over.

>> No.6772777

>>6769468
Keks, I could be at 0 that it doesn't matter now.

And this should be the response of many /biz m8s.

>> No.6772821

>>6772622
>Actually there is a very good reason for Bitcoin-backed banks to exist, issuing their own digital cash currency, redeemable for bitcoins. Bitcoin itself cannot scale to have every single financial transaction in the world be broadcast to everyone and included in the block chain. There needs to be a secondary level of payment systems which is lighter weight and more efficient.
- Hal Finney, 2010
Bitcoin will be a major store of value that will interact with a second lightweight, fast layer (right now fiat and "usable" cryptos, possibly LN later). It will become supported by transaction fees only as people interact with the second layer.
>Muh transaction fees
Compare that to taxes, "social security", the invisible inflation tax, and above all interaction with the disgusting thing (((government))). It's that or paying a percentage in a transparent, defined way.

>> No.6772823

>>6772066
Katawa Shoujo

>> No.6772829
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6772829

>>6772622
>he thinks bitcoin is the only player in the game

>> No.6772850

>>6772728
>you clearly missed out on this shit bad and cant stop thinking about it.

Honestly the "you missed the boat" meme is fucking retarded. Think about it. Even if BTC was surging up to 100k right now going up 1k a day with impunity. It would be irrelevant if you own a bunch of bitcoin or not. It would have been a infinite money fountain for any asshat with an extra hundred bucks. It would have beat the shit out of a fucking savings account.

Also new coins pop up every day and a lot of the best coins right now are cheap as fuck.

>> No.6772863

>>6772829
you're as much a late adopter as op if you honestly think there's a bullish future for cryptocurrencies without bitcoin.

>> No.6772865
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6772865

>>6772829
To anyone that's not a virgin neckbeard, it is. But, let's ignore that, surely you can see that bitcoin contrls the price of EVERY coin?

>> No.6772925

>>6772863
Just because things were that way in the past, doesn't mean it can't change

>> No.6772927

>>6772850
you make no sense. 99.9% of all the shitcoins coming out in the past 18 months won't even be around in 10 years, that's a fact, look at all the dead coins from 2014 and earlier, they have no staying power.

the fact is, he missed out. sure some shitcoins pump and dump, but you'll never see the kind of money you could have made by getting into bitcoin early.

>> No.6772940

>>6772925
maybe in a lifetime, after everyone has forgotten about this wave of currencies.

>> No.6773016

>>6772927
How do you think I am the one not making sense? You basically admit you didn't even understand my point when you made the strawman that I claimed "ALL ALTCOINS" were going to be worth a lot.

No I said "a lot of the best of them" dumbass and its pretty clear right now if you look around and research them what coins have the best chance of being worth something a year from now. And they are all pretty fucking cheap.

Stop being a fucking numb nuts who doesn't have reading comprehension.

>> No.6773231

>>6772400
Trumpposting is encouraged