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/biz/ - Business & Finance

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14364709 No.14364709 [Reply] [Original]

12k resistance already demolished

16k waiting room GTFIH

>> No.14364741

So... are any of you actually successfully selling your bitcoin and finally realizing a tangible gain?

>> No.14364742

Are we free from the Bog?

>> No.14364756

HOSSANA WE LOVE YOU

>> No.14364758

>>14364709
BitMex volume is fucking RETARDED. I can't even see the numbers the orders are going through so fast.

>> No.14364780
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14364780

>>14364709
I only put $100 in why am I such a puss? Is it going to dump on Wednesday though like anons were saying?

>> No.14364805
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14364805

>>14364741
>tangible gain

Why would somebody trade BTC for worthless fiat, that is the opposite of of a gain, that is a tremendous loss!

>> No.14364972

>>14364805
Bitcoin's practically unusable as currency. If you want to buy something, you have to sell it for fiat, and you have pretty limited options. Nobody but speculators wants to touch it, because of its volatility.

Everyone's acting so excited about the price going up, but from what I've heard in the past, when this happens, they usually have a terrible time actually selling it to realize a profit. The exchanges jam up, as if someone's pumping transactions through with a predetermined buyer and seller, not letting the small hodler cash out. Then, when they can sell their BTC again, the price is low.

So what I mean to ask is: is that price real, or are the exchanges jammed up again now that the price is high?

>> No.14365530
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14365530

>>14364972
GUYS I CAN'T FUCKING CASH OUT AAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>> No.14365552

>>14364972

>from what i've heard

fuck off

>> No.14365553

>>14364972
>Everyone's acting so excited about the price going up, but from what I've heard in the past, when this happens, they usually have a terrible time actually selling it to realize a profit

They are being punished for trading their precious gif of BTRC for worthless fiat

>> No.14365585

>>14364972
yea its not like I just converted .3 btc I bought at 3k into thousands of uber/amazon gift card credit