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/biz/ - Business & Finance

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File: 199 KB, 1911x916, BitcoinKorea.png [View same] [iqdb] [saucenao] [google]
7351939 No.7351939 [Reply] [Original]

This is what the chart for Bitcoin looks like in Korea right now /biz/. The daily chart.

>inb4 "it's just a little dip bro"

Consider, however, that for currencies like Ethereum, this is still not as bad of a drop as it had earlier in mid-2017 (from $420 down to $130), which it fully recovered from.

>> No.7352034
File: 392 KB, 3000x2000, E77CCDF2-29AA-4493-A0FF-CFFB25238624.jpg [View same] [iqdb] [saucenao] [google]
7352034

>>7351939
The difference this time is BTC is not going to recover and ETH is gonna flippen to be the new king.

>> No.7352097

>>7351939
This chart looks way waaay more brutal than the USD one. Because the "return to normal" in the US market was actually a new all-time-high for Korea.

>>7352034
This meme is shit and Bitcoin is still the king.

>> No.7352205

>>7352097
not a meme btw, ETH has uses, BTC doesn’t

>> No.7352336

>>7351939
That false breakout tells the sad story

>> No.7352431

>>7352205
I own a significant amount of ETH too but BTC is king for a reason and most autists have trouble understanding that. It's still the most secure, most important, decentralized currency of the crypto space.

>> No.7352487

>>7352336
I am so unbelievably mad at myself for only selling 10% of my position at 26,000,000, thinking it would probably go up to 30,000,000 so I should hold the rest.

I'm still holding it.

>> No.7352519

>>7351939
I should start trading in korean shekels. At least I'll finally become a millionaire.

>>7352034
ETH/BTC went below 0.1 again. Flippening won't happen anytime soon.

>> No.7352607

>>7351939
Ethereum should replace BTC. It's a better system designed to run with high function and won't get slowed down by huge numbers of trnasactions like BTC has.

>> No.7352684

>>7352607
When Vitalik dies Ethereum will fall to $100. It shouldn't because that's actually better for it in the long term but you know this is true.