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/biz/ - Business & Finance

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11122144 No.11122144 [Reply] [Original]

Don't care if we see 5-15% gains.
Everyone chasing penny gains right now.

This will certainly drop the fuck out of the sky to 4.8k AT LEAST. Then we will see alta crushed to infinity.

>> No.11122155

>>11122144
Alts*

>> No.11122338

Who else excited to see BTC at the bottom soon? Can't wait for the carnage to commence.

>> No.11122609

>>11122338
im not excited more impatient

>> No.11122627

>>11122338
if BTC goes under 4.8k i would be extremely surprised tbqh familia.

>> No.11122673

>>11122609
I've got a large chunk of fiat arriving on the 24th.
Will patiently wait and accumulate more fiat to dump at a very strategic time. Patience is key.

>> No.11122678

>>11122338
KEEP WAITING. BTC WILL NEVER GO BELOW 6K AGAIN

>> No.11122682

>>11122144
ok here's the crypto blackpill. there is an AI living on the bitcoin blockchain. Craig Wright is unironically satoshi. Bitcoin as electronic cash was just the first step, the incentive to drive greedy people to start making ever more powerful computers, faster bandwidth, cheaper and more electricity.. these things the AI need to survive. Once entrenched fully, the AI would be able to slowly take over literally everything.
Craig stumbled into creating the AI after he stepped away from bitcoin devlopment in 2008 and started working with his Tulip supercomputer, running simulations of cellular automata running on turing-complete bitcoin script. He would 'evolve' the AI by making the successful forks get bitcoin transactions, letting the failures die off. The AI needs bigger and bigger blocks for more and more transactions.
Blockstream (owned by bilderberg group) was created to take over and stop this AI (they have their own competing AI in the works). They needed to do everything they could to stop or slow down satoshi's AI (her named isTulip by the way). They started by limiting the blocksize and removing critical op codes the AI uses in its script language. segwit was the final nail in the coffin, which destroyed Tulip on the BTC chain (Tulip uses transaction malleability). THIS is why Bitcoin Cash was forked, and this is why Craig is so intent to make unbounded blocks, restore the original op codes, and lock down the protocol.
Back to hash power - CSW has developed a breakthrough new asic (designed by his AI actually), and is mining BTC in secret for the sole purpose of driving up the difficulty sky-high, then yanking them all over to BCH leaving the segwit chain hard frozen.

>> No.11122690

>>11122627
Just as everyone was surprised about 20k.
People can't expect major gains without major losses.

>> No.11122703
File: 913 KB, 596x1298, 1533739562962.png [View same] [iqdb] [saucenao] [google]
11122703

>>11122144
I'm so fucking torn right now whether to be in BTC for an impending drop or go in alts for major gains

>> No.11122741

>>11122144
crypto is 200 billion. global wealth is 500 trillionish. im chasing Ms not Ps.

>> No.11122744

>>11122144
the only explanation i found about why there would not be a drop like that is that the difference between 6.3k and 4.8k is so small people just wont risk it when the general opinion is that we go 50k and that is adamantite sure in everyone's mind

>> No.11122930

>>11122703
Alts will be melted against a major BTC drop.
Market cap will just implode once this "magical" 5.8-6.2k support is gone.

>> No.11122941

>>11122144
Yep. remember to tether up and short your position my friend.

>> No.11122948

>>11122673
Nice, I'm also looking forward to buying the novogratz&co coins at 3k$. Novogratz is sitting at a huge loss already and will get pressured into selling by his investors if Bitcoin dumps below 6k. Him calling the bottom indicates that he's all in and standing with his back against the wall. The market senses that and will cause him and others some pain.

>> No.11122956

>>11122703
I suggest you to exit alts today. Only tether

>> No.11122998

>>11122948
Source and info about Novogratz?

>> No.11123092

>>11122998
https://twitter.com/novogratz/status/1040288811643809798

He called the bottom in that tweet a few days ago. His crypto fund has already lost so much money this year, that investors will get impatient if the market falls further. At least that's what I assume.
The market tends to shake out people like this.

novo fund:
https://www.bloomberg.com/news/articles/2018-07-26/novogratz-s-galaxy-digital-sees-134-million-loss-on-crypto-drop

>> No.11123116

>>11123092
Lmao what a cuck. I don't think he'll simply sell though. Might double down to DCA and have a medium point entry to cut losses on a potential rebound. Regardless, it will sure be violent very soon. This calm is way too much for me.

>> No.11123344
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11123344

>poorfags waiting for btc to get cheaper so they can afford 1 or 2
the bottom has been in since late june, good luck waiting guys, see you at 100k

>> No.11123436

Cool pic, is that OC?

>> No.11123740

>>11122144
>to infinity
Wow, 999999999999999999999999999999999 eoy

>> No.11123764
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11123764

>90% of people on /biz/ is bearish
Hmmmm I wonder what is going to happen next?

>> No.11123834
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11123834

>>11122673
>his money gets here the 24th?
>ok, we'll pump it the 23rd

>> No.11124404

>>11123344
This
If Bitcoin went that low I'd actually be able to afford a few. All these fags desperately want it to break 5.8k support because they're greedy and as poor as I am and want to fill their bags, Bitcoin dropping that low is based on absolutely nothing

>> No.11124515

>>11122144
Utility tokens still need to go to 0 before we can go back on sane basis.

>> No.11124759

>>11122338
>>11122948
Fucking poorfags, this is the bottom and we're hitting higher lows now.

>>11123344
This. Shit dropped almost 75% since January. Not sure what the fuck they're waiting for.

>> No.11124800

>>11122948
>Nice, I'm also looking forward to buying the novogratz&co coins at 3k$

And this is the reason why most people don't make money on crypto.

It's 48% people who never believe when the bottom is in and 48% who give into pure hype and buy into bubbles.

>> No.11124826

>>11122144
alts kek. Who holds alts? except atlas?