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/biz/ - Business & Finance

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File: 349 KB, 1125x1565, AF1A91E4-2E96-4E4F-B814-046E4C6789D5.jpg [View same] [iqdb] [saucenao] [google]
14190918 No.14190918 [Reply] [Original]

Could someone who isn’t a brainlet like me please explain whether this faggot is right or wrong.

Is btc dying ?

>> No.14190931

>>14190918
Bitcoin will not be for poor people in the future, only a method of value transfer for the rich.

>> No.14190954
File: 904 KB, 2332x1366, 1557750058267.png [View same] [iqdb] [saucenao] [google]
14190954

>>14190918
Yes, BTC has been pumped with a lot of real money in 2017. Now most money come from Tether

>> No.14190991

>>14190954
Typical new fag shit

>> No.14191011

>>14190918
median tx value is scary desu

>> No.14191055

>>14190991
Why so angry? Can't deal with your shitcoin dying, cuck?

>> No.14191069

>>14190991
he's right faggot, you must have sub 80 iq if you look at those barts and think that's organic growth

>> No.14191330

>>14190991
What are you talking about

>> No.14191373

>>14190918
its not FUD you abominably retarded fuck
its a chart demonstrating a bubble vs. organic growth due to adoption
the right side is HEALTH the left side is SWIFT DEATH

>> No.14191414

>>14190918
avg tx fee
daily trading volume
missing

he is a fag

>> No.14191418

>>14191373
>fees, usage and transactions collapsing
>this is healthy

>> No.14191445

>>14190918

That guy is absolutely buttblasted for missing out AGAIN.

>> No.14191471
File: 1.67 MB, 1125x1801, IMG_2942.jpg [View same] [iqdb] [saucenao] [google]
14191471

>>14191445
all this faggot posts is FUD.
and then all his faggot followers celebrate in the replies saying how btc is a dinosaur and is dying a slow death.
i dont know what to believe frens

>> No.14191502

>>14191055
btc is king. if you cant see that you deserve to stay poor.

>> No.14191510

>>14191445
hes still waiting to buy sub 3k lol

>> No.14191544

>>14191373
>SWIFT DEATH
>SWIFT
$1000EOY

>> No.14191770

>>14190918
Comparing the fundamentals in November 2017, right at the fever pitch of the bubble and only one month before the bubble finally burst to what exists today is not that useful a comparison. For one thing, those numbers back then represented full on bitcoin-fever where people were mortgaging their houses to buy something they hadn't even heard of a few weeks before. Alt coins were popping 500x like popcorn. The fundamentals didn't make sense, the price didn't make sense. Nothing made sense. Then the bubble burst and it all went to shit. Normalfags sold their bags and fled. The lucky few with newly minted fortunes also got the fuck out. The only people left were either diehard bag holders or newfrens that hadn't lost anything yet.
So here we are today with a price that's rising much more slowly and steadily. I wouldn't say it's a perfectly fair organic market but this rise is much more sustainable than 2017 where everybody was in to get rich quick and couldn't have cared less about anything else.
In short, in November 2017, taking all things crypto into account, those fundamentals matched that price. At this moment, considering what all has occurred in the last year, the current fundamentals match this price. The upshot is since we aren't in a euphoric parabolic market, the price has a much better chance at sustainability than the last time we were here so in that sense, the guy in the pic is wrong.

>> No.14191929
File: 187 KB, 1199x1200, 4344CCAE-E951-4FB1-91E0-21189469EEEE.jpg [View same] [iqdb] [saucenao] [google]
14191929

>>14191770
Thanks for the analysis frend. That’s reassured me little bit.