/biz/ - Business & Finance

[Anonymous No.13611719]

Btc to 0 by eoy

[Anonymous No.13612264]

This is now a 2018 crash thread. Post your best screencaps boys.

[Anonymous No.13612274]

>>13611719
short it then

[Anonymous No.13612281]

>>13612264
Asking for it, doing a sport that isn't far behind at causing permanent brain damage

[Anonymous No.13612283]

>>13611719
Do you feel it? Do you feel red moon's power?

[Anonymous No.13612312]

>>13611719
WRONG BOBO

First period 2009 to 2012(pre halving)
Available: 10,500,000 BTC (50% mined)
Price increased from : 0.1 to 31 $ (319 times growth)

Second Period 2012 to 2015 (1st halving was 11/2012)
Best Buy was a year before Halving
Available :15,750,000 (75% mined)
Price increased from : 1.85 to 1135 S (575 times Growth)

Third period 2015 to 2018 (2nd Halving was 6/2016)
Best Buy was a year before Halving
Available :18,375,000 (87.5% mined)
Price increased from : 165 to 19k S (115 times Growth)

Considering that the low value after the bubble has been 3200 usd let´s assume we grow instead of 115 times , half of that(a massive reduction in growth) , 57,5 times.

That gives us a price of 182k somewere around 2021.

And this is assuming a massive slowing down in the price increases happening between halvings.

Also bitcoin will have lower inflation than the usd and eur early next year.

Assuming it keeps with the trends and we grow let´s say 100% we are going to 320k.

But we will have lower inflation than the usd and eur so relative to fiat it will be a constant growth so maybe John does not eat his dick.

[Anonymous No.13612322]

>>13611719
0 living bobos, yeah.

[Anonymous No.13612332]

>>13612312
>>13612322
Mmmm yes bizcope

Brazilians are going to walk away with your savings soon fren

[Anonymous No.13612353]

>>13612332
Bitcoin is used for international wires

for example let´s say that britbongistan ask loisences to send money.

So you do

100 GBP > 1 BTC > 90 USD

notices the last part 1 BTC > 90 USD

When you do that movement you sell the btc to someone doing the same in reverse.
So there is a constant demand of scarce btc to do international transactions.

After the halving the ammount of btc created per year is reduced by half.

So now you do

100 GBP > 0.5 BTC > 90 USD

all that changed is that you now use less btc for the same transaction due to them being rarer.

But for the investor it´s literally massive gains.

https://www.tradingview.com/chart/BLX/oKh54NhX-Bitcoin-Halving-and-Charting/

https://www.tradingview.com/chart/BLX/vTkvzzQY-The-die-is-cast-the-four-year-cycle/

BRASILIANS ARE NOT GOING TO TAKE AWAY ANYTHING ANON.

Supply is driving the price up , check localbtc statistics and then turn BTC (not to see the usd transacted but to see the btc).

You will see that the btc ammount is the same as ever but the btc ammount decreased since 20 days ago.
Basically there is a scarcity of btc in the market.

Now regarding huebros as an argentinean i understand why they are buying.
We are buying too and you can check in localbtc stats that too.

We understand the power of crypto better than any first worlder ever could.
Next year btc will have lower inflation than fiat(just like housing) , and it will enter an ethernal bullrun.

It´s destiny.

[Anonymous No.13612359]

>>13612353
>You will see that the USD ammount is the same as ever but the btc ammount decreased since 20 days ago.

[Anonymous No.13612365]

>>13611719
2k EOM check em

[Anonymous No.13612368]

>>13612353
Well, they are going to give you their bags, that is certain

[Anonymous No.13612372]

>>13612365
20k EOM

[Anonymous No.13612373]

WHO THE FUCK KEEP BUYING??

[Anonymous No.13612379]

>>13612368
>>13612373
NOBODY IS BUYING YOU FUCKING RETARDS , but if you check localbtc data you will see a collapse in btc supply starting a few weeks ago.

The binance shit increased it and since most buyers do transactions and buy btc locally > pay internationalyl , they don´t give a fuck about the price.

But the scarcity is showing there in the data.