[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 98 KB, 768x1024, 1561823978957.jpg [View same] [iqdb] [saucenao] [google]
14507826 No.14507826 [Reply] [Original]

Bitcoin bubble popped again.

I know it's hard to understand and you think this is just a healthy correction. Bitfinex pumped again BTC with Tether and now they cashout. They cannot continue to create money from the air if do not want to run out of FIAT in exchanges.

This already happened in December 2017, now maybe will have an altseason and then a big Bitcoin crash.

As technology can be wonderful, but it is proven that the miners network can not assume more than 20k.

>> No.14507947

>>14507826
This site is no longer what it was

>> No.14507954
File: 34 KB, 500x500, ADF7C22C-19B6-4090-9708-41B3069AF3DA.jpg [View same] [iqdb] [saucenao] [google]
14507954

>2017
>oldfag

>> No.14507981

>>14507947

chainlink shills have destroyed this site with their constant spamming

>> No.14508003

>>14507826
It's not a bubble if it inflates and deflates multiple times, kek.

>> No.14508037

>>14507981
salty no-linker detected. kek

>> No.14508053

>>14507954
That feel when 2017 is actually oldfag because most people prior to that already cashed out or jumped off a cliff

>> No.14508068

i've been in crypto since 2011

the spring is here

but the summer is gonna be great

>> No.14508132

>>14508003
Then its a PnDnscam but this is not new

>>14507981
LINK is a nice idea but no reason for this prices. Their product is not finished and companies will use it only as testnet network for at least 2 years.

>> No.14508148

>>14507826
>2017
>Oldfag
Not even worth the read at this point

>> No.14508193

>>14507826
>Bitfinex pumped again BTC with Tether and now they cashout. They cannot continue to create money from the air if do not want to run out of FIAT in exchanges.
What does this even mean.

>> No.14508213

>>14507826
>it is proven that the miners network can not assume more than 20k
Ok but how's the vishnu in the blockchain sir?

>> No.14508236

>>14508132
>Then its a PnDnscam but this is not new
It really depends on whether cryptocurrencies will catch on or not. Currently it's very heavily manipulated, but I think we're past a 'dotcom bubble' situation where cat fact blogs were sold for $5M. It will still take some time to see how well Bitcoin handles itself. It has passed the most important test for now, which is proving to be stable and secure while remaining decentralized.

>> No.14508291

>>14508193
If you create fake demand to increase prices, holders want to cashout but they cant because there not real money in exchanges. To solve the problem, they crash Bitcoin

>> No.14508477

>>14508236
Bitcoin is old tech and this manipulation will kill it.

ETFs are constantly delayed due this reason.