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/biz/ - Business & Finance

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How stupid is it to buy $200 in bitcoin right now? Anonymous Mon Apr 15 14:50:45 2019 No.13336823 [Reply] [Original]

Thinking about buying right now and sell in 3-6 months assuming value increases otherwise I will wait through the decline in value. Is it fairly likely that it will increase over 5000 within the next year and a half? Basically - if im willing to hold for 1-2 years how bad of an idea is it?

>>	Anonymous Mon Apr 15 14:52:12 2019 No.13336836 File: 60 KB, 640x461, dog-sniff.jpg [View same] [iqdb] [saucenao] [google] >>13336823 >Is it fairly likely that it will increase over 5000 within the next year and a half? Try $50,000

>>	Anonymous Mon Apr 15 14:53:32 2019 No.13336844 File: 2.98 MB, 1920x1200, 1555265691787.png [View same] [iqdb] [saucenao] [google] The best time to buy BTC was always yesterday. Read the whitepaper and learn how to secure your private keys. #stacksats

>>	Anonymous Mon Apr 15 14:53:33 2019 No.13336845 >>13336823 Pretty good idea after that recent drop. Just never buy pumps and never buy shitcoins, and you'll be in good shape in a few years.

>>	Anonymous Mon Apr 15 14:53:40 2019 No.13336847 Do you expect some retarded expertise? Your instinct might as well be better than any other prediction. WELCOME TO THE HELL CALLED CRYPTO, ENJOY YOUR STAY

>>	Anonymous Mon Apr 15 14:55:40 2019 No.13336861 >>13336836 try $1.000.000

>>	Anonymous Mon Apr 15 14:59:16 2019 No.13336896 >>13336847 everywhere I look everyone seems so confident in it hitting well over 100K in the next year or two. Is this all just wishful thinking? What convinces people that bitcoin has such a promising future?

>>	Anonymous Mon Apr 15 15:06:10 2019 No.13336947 >>13336896 >Is this all just wishful thinking? yes the great bull run was 2017 and never again will it hit 20k. crypto isnt dead. but forget about btc making u rich.

>>	Anonymous Mon Apr 15 15:09:10 2019 No.13336968 If you are poor just invest in an alt. Whats the point at investing $200 in BTC. 2x in two years? So you have now $400, and that is assuming you dont lost everything.

>>	Anonymous Mon Apr 15 15:11:10 2019 No.13336983 >>13336896 >What convinces people that bitcoin has such a promising future memes

>>	Anonymous Mon Apr 15 15:14:03 2019 No.13337009 >>13336968 Sorry for the ignorance but what's an alt?

>>	Anonymous Mon Apr 15 15:15:09 2019 No.13337016 >>13336823 I've been buying at 5025 and selling at 5150 all week. Get in closer to 5k as you can, then ride the BART until the S&P crashes or a gorillionaire market buys 10 000 bitcoins

>>	Anonymous Mon Apr 15 15:16:33 2019 No.13337030 >>13337016 How much have you made so far buying and selling like that?

>>	Anonymous Mon Apr 15 15:22:32 2019 No.13337092 >>13336823 I unironically did this today earlier before the small dip. I will take you up on this though, I will not sell the $200 btc until 3-6 months from now. I will report back to biz with my findings at a later date. Goodbye, sir.

>>	Anonymous Mon Apr 15 15:23:14 2019 No.13337099 >>13336823 wait until it gets delisted and the dust settles my friend

>>	Anonymous Mon Apr 15 15:23:25 2019 No.13337102 >>13337092 >makes $50 profit in 6 months >still 25%, pretty good >thos Warren Buffet returns

>>	Anonymous Mon Apr 15 15:25:46 2019 No.13337120 >>13337102 This is what I was thinking, for minimal effort a 25 percent profit it really good especially if i reuse that to invest further, Whats to scoff at in investing 200? >>13337099 What do you mean delisted?

>>	Anonymous Mon Apr 15 15:26:49 2019 No.13337134 >>13337120 binance and maybe others are threatening they will delist bitcoin from their exchanges

>>	Anonymous Mon Apr 15 15:27:38 2019 No.13337141 >>13337134 I thought that was bsv or whatever, whats their reason for delisting bitcoin assuming what your saying is true?

>>	Anonymous Mon Apr 15 15:29:37 2019 No.13337157 >>13337141 bsv is bitcoin. it is a scandal between the creator of bitcoin and exchange CEOs

>>	Anonymous Mon Apr 15 15:31:23 2019 No.13337167 >>13337030 like $300 USD -_- (using about $1200 btc to star

>>	Anonymous Mon Apr 15 15:31:38 2019 No.13337171 >>13337157 Why is no one who is invested in bitcoin ftfo then? I thought it was just a bitcoin clone being removed? Why does that have anything to do with the actual bitcoin being delisted?

>>	Anonymous Mon Apr 15 15:32:25 2019 No.13337181 >>13337157 the chain people mine and use the most is bitcoin. read the fucking bitcoin whitepaper where it says this and crog screams fraud with his "satoshi vision" bs

>>	Anonymous Mon Apr 15 15:32:41 2019 No.13337183 >>13337167 Not a bad place to start, do you just have it setup to automatically buy and sell? What exchange do you use?

>>	Anonymous Mon Apr 15 15:33:14 2019 No.13337189 If you are putting in only a couple hundred, the best thing to do is let it sit for the long haul and just keep adding to it bit by bit.

Anonymous Mon Apr 15 15:36:11 2019 No.13337216

>>13337171
the BTC ticker is manipulated by the Blockstream Core team. The creator of bitcoin tried to keep the orignal bitcoin by splitting from the BTC chain and then all hell broke loose. people heavily invested in BTC started a campaing to sabotage the creator. It is in the exchange's interest that BTC will keep centralization through liquid and lightning network by routing transactions off-chain.

>>	Anonymous Mon Apr 15 15:38:28 2019 No.13337239 >>13337183 I just do it manually on binance.

>>	Anonymous Mon Apr 15 15:38:58 2019 No.13337245 >>13337216 Thats really confusing I dont really follow desu. It leads me back to my other question, If this is going to jeopardize bitcoin severely why isn't everyone selling right now and the market crashing down?

>>	Anonymous Mon Apr 15 15:39:56 2019 No.13337256 >>13336968 Dont listen to this pajeet. 2x is fucking much if you know it will happen. Put every cent in you got and stay safe in btc or maybe some eth.

>>	Anonymous Mon Apr 15 15:41:21 2019 No.13337270 >>13337245 it will crash eventually

Anonymous Mon Apr 15 15:44:30 2019 No.13337310
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>>13337245
The anon you're responding to is a $BCHSV bag holder. This is why you need to do your research before investing, this space is filled with scammers.

tl;dr a faction broke off from BTC claiming to be the "real bitcoin" and became Bitcoin Cash (BCH). Then that faction split in half and became BCHABC (Roger Ver) and BCHSV (Craight Wright). They're just fraudsters. The whole disagreement stems from how big the blocks for BTC should be, and they used to opportunity to muddy the waters and personally enrich themselves.

>>	Anonymous Mon Apr 15 15:44:56 2019 No.13337315 >>13337256 Sounds like most people reccommend btc or eth. I will probably start with btc, What's your or anyone elses opionion on what >>13337216 has been saying?

>>	Anonymous Mon Apr 15 15:46:38 2019 No.13337334 >>13337310 Thank you! I will for sure do my own research still but in your opinion btc is here to stay as one of the big cryptos?

Anonymous Mon Apr 15 15:48:28 2019 No.13337363
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>>13337310
here is a fine example of core shills. they are getting payed from blockstrem. even the mentioned roger ver was banned from r/bitcoin for questioning the block size

Anonymous Mon Apr 15 15:50:40 2019 No.13337389
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>>13337334
Bitcoin is the genesis project on which all other cryptocurrency is built. If the cryptocurrency experiment survives and thrives, it's a safe bet BTC will too. Seriously dude, read the whitepaper.

https://bitcoin.org/bitcoin.pdf

>>	Anonymous Mon Apr 15 15:51:06 2019 No.13337396 >>13337363 So everyone could lose out on all their bitcoin is what he's saying? Does that make eth a better investment? How can we be sure he isn't just bs-ing so people will use bsv?

Anonymous Mon Apr 15 15:54:29 2019 No.13337442
File: 26 KB, 587x184, satoshi_redpill.png [View same] [iqdb] [saucenao] [google]

>>13337396
No. ETH is a worse investment, they are run by anarchists and no smart contract can be approved by law. They are also migrating to PoS, which is the most centralized thing you can do. It's all just snake oil and hopium. Bitcoin is the only way you can have a global peer-to-peer cash system

>>	Anonymous Mon Apr 15 15:56:03 2019 No.13337459 >>13336823 >$200 Stop being a ginormous pussy. Research bitcoin. Learn why its needed and why its amazing, and you wont want to sell it in 3-6 months even if it hits 200k.

>>	Anonymous Mon Apr 15 15:56:28 2019 No.13337467 >>13336844 >but simple bloomer, yesterday I would have got less BTC

Anonymous Mon Apr 15 15:56:55 2019 No.13337474
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>>13337396
https://www.reddit.com/r/Bitcoin/comments/bcfl12/my_letter_of_legal_action_from_craig_faketoshi/

Stop posting on 4chan and do your own due diligence man, nobody is going to hold your hand. It doesn't matter what Craig says because he is a well-known scammer. He claims he is the real Satoshi, which would make him worth 10 billion dollars at current market price. Why would a supposed billionaire who supposedly invented the most revolutionary cryptographic software in human history sue people who call him a fraud, instead of simply proving he's Satoshi? It would be very easy if he was him. Don't trust, verify. Think for yourself.

ETH is fine too, I hold 80% BTC and 20% ETH.

Anonymous Mon Apr 15 15:57:36 2019 No.13337482

>>13337442
So if all crypto is based around bitcoin and it has a fatal flaw that will reveal itself this year, all cryptos are going to fail eventually? Why wont he share exactly what the flaw is in detail if its real? It just seems like he's trying to make btc look bad because he broke off from the team and his version of crypto is failing

>>	Anonymous Mon Apr 15 15:58:53 2019 No.13337493 >>13337474 he is TESTIFYING to court that he is the creator of bitcoin

>>	Anonymous Mon Apr 15 16:02:33 2019 No.13337536 >>13337474 Thank you for the reddit post, it looks like >>13337493 is just being an idiot and should do some more research. If its just a matter of proving your identity to backup your serious claims he would have done it already if he could.

>>	Anonymous Mon Apr 15 16:13:29 2019 No.13337671 >>13337536 >reddit yikes

>>	Anonymous [O1G] Mon Apr 15 16:15:09 2019 No.13337689 >>13337442 he predicted how he ends up nicely

Anonymous Mon Apr 15 16:16:22 2019 No.13337709
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>>13337671
>doesn't even try to address the points in the post
Thanks for playing. Why would you take someone to court when your reputation could be proven by simply signing the genesis block?

>>13337536
Good luck anon, I hope you get rich and don't get liquidated.

>>	Anonymous Mon Apr 15 16:17:24 2019 No.13337723 >>13337709 because code is not law

>>	Anonymous Mon Apr 15 16:26:37 2019 No.13337866 >>13337157 >bsv is bitcoin. LMAO imagine still believing this.

>>	Anonymous Mon Apr 15 16:28:29 2019 No.13337895 >>13337866 call me olf-fashioned but i still believe in the true bitcoin

Anonymous Mon Apr 15 16:33:01 2019 No.13337959
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>>13336896
its decenteralized has finite value and isnt fiat. in 50 years bitcoin will be worth 1 trillion market cap. boomers wont convert but zoomers will

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