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15785561 No.15785561 [Reply] [Original]

https://www.bayernlb.com/internet/media/ir/downloads_1/bayernlb_research/megatrend_publikationen/megatrend_bitcoins2f_20190930_EN.pdf

The seventh-largest financial institution in Germany, BayernLB, just took an indepth look at bitcoin and it's possible valuation.

Their conclusion?

"Bitcoin was conceived to be an even harder asset than gold"

>> No.15785565
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15785565

things are going exactly as planned

>> No.15785576

file this under "no shit sherlock". anyone with even a shred of brains has known this since they first heard of bitcoin

>> No.15785578

>$80,000 in may 2020

Kek, the delusion is staggering

>> No.15785584

>halving will pump price
wow no way I had no idea

>> No.15785585

Retard here, what's an halvening

>> No.15785599
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15785599

>>15785578

>> No.15785601

>>15785585
The reward for solving a block is cut in half. The current block reward is 12.5 BTC, after the halvening it will be 6.25 BTC.

>> No.15785604

>>15785585
every 4 years the btc that miners get as a reward for hashing new blocks is divided by 2, this reduces the rate at which new supply enters the market in the face of constant or increasing demand: there will both be a real increase in demand (relative to supply) and an increase in speculative demand in anticipation of this natural demand "increase", price go up

>> No.15785615
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15785615

>>15785565
>>15785578

>> No.15785623

>>15785604

But nobody uses bitcoin so who cares

>> No.15785630
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15785630

Bump

>> No.15785634

>>15785623
trustless, immutable, borderless, 24/7 value transfer

>> No.15785638
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15785638

>>15785578
See you then!

>> No.15785646

>>15785561
It's honestly a shame there's no active Options market for Bitcoin (that I'm aware of). Imo, if there was some kind of Volatility Skew toward higher strike prices (Out the Money Calls having higher than expected Implied Volatility), for long dated Options, that would also help toward confirming people's optimism over the Halvening.

>> No.15785664

>>15785646
Maybe it's a good thing there's no active Options market too though. Idk.

>> No.15785716

>muh halving will magically pump the price
look at litecoin after halving to understand the future of bitcoin. litecoin is heading to zero and so is the rest of the trash

>> No.15785718

AAAAAAAAH FUCK I WANT TO TAKE A LOAN AND BUY BITCOIN SO FUCKING BAD BROS
but i have no job or credit history, am i fucked??? HOW DO I GET A LOAN

>> No.15785725

>>15785599
Checked

>> No.15785746

>>15785585
its when you cut reward of mining blocks by half but the price remains the same because there is no demand for a garbage casino asset, so the miners leave in mass, making your garbage chain unsafe against 51% attacks, which in turn makes big holders panic sell and crashing the price, which in turn makes more miners leave, and this goes on until it hits zero

>> No.15785747

>inb4 shiff will win namefag with his boomer memes

>> No.15785748

>>15785718
>how do i get a loan
Get a job and credit history, goy

>> No.15785755

>>15785747
>>15785748
impressive

>> No.15785770

>>15785578
enjoy your poorverty

>> No.15785778

>>15785718
Ask your parents/friends

>> No.15785785

>>15785646
https://www.coindesk.com/cme-group-is-launching-bitcoin-options-early-in-2020

>> No.15785788

>>15785634
>trustless
so i cant sue anybody if shit hits the fan? garbage, dont want it
>immutable
so i cant have a recharge if i get scammed? garbage, dont want it
>borderless
you live in a global world. you can send money to almost where ever you like. how many times in your life have you sent money outside of hour coutry? how about an isolated third world shit country? garbage feature that 99% of the world dont require
>24/7 value transfer
oh no, i have to wait a couple of days of a transaction to proccess?

if someone told you that bitcoin was guaranteed to stay at the same price forever, you wouldnt give a fuck about it. just confess it, youre in it for the money, you dont give a fuck abour any of the shit that you mentioned and you know what happens to retards like you that chase get rich fast and easy schemes, specially when they are up more than 200000%? they go fucking broke

>> No.15785805

>>15785601
>>15785604
>>15785746
So this is "programmed" to happen automatically every 4 years and will always happen?
How did the market react the last time?

>> No.15785814

>>15785561
>muh institutions like BTC
no

>> No.15785822

>>15785718
just go to a payday place they will give anyone a loan

>> No.15785823

>>15785646
What is deribit

>> No.15785834

>>15785805
scam artists at bitfinex used a stablecoin called tether to pump the price into the mainstream, and when retail money started coming in they dumped on them hard. now they are trying to do the same thing this halving (they already got the paid shills in CNBC shilling) but NYAG is cucking them so they wont be able to do so or at least its going to be harder and so its going into a death spiral, the same death spiral litecoin is in right now

>> No.15785836

>>15785599
bitcoin will never ever hit a million. if it does that, fiat has collapsed, governments will get pissed, and bitcoin will be banned.

>> No.15785841
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15785841

>>15785836
the government doesn't have that kind of power

>> No.15785843

STOCK TO FLOW DOES NOT MAKE SENSE FOR A FIXED SUPPLY ASSET LIKE BITCOIN!

STOCK TO FLOW ONLY WORKS WITH CONSUMABLE COMMODITIES, LIKE GOLD, OR EVEN BANANAS.

BITCOIN'S SUPPLY IS SET AT 21 MILLION

>> No.15785860

>>15785836
BUT BUT MY BITCOIN IS DECENTRALIZED. IT CANT BE STOPED. DISREGARD THE FACT THAT 99.9% OF FIAT TO CRYPTO TRADING HAPPENS IN CENTRALIZED POINTS THAT ARE UNDER JURISDICTIONS, THAT DOESNT MATTER AT ALL.
MUH CRYPTO IS UNSTOPPABLE

>> No.15785875

>>15785823
You're right and I should try making an account, but I suspect people may prefer the CME over a smaller exchange like deribit.

>> No.15785880

>>15785841
Lmao i couldnt even finish my repply in time, there was already a retard unironically saying what i said ironically. fucking 2 digit IQ crypto brainlets always tear my sides apart

>> No.15785885

>>15785822
but payday loans have crazy interest attached to them no? like the kind of interest that would outpace even BTC

>> No.15785890

>>15785778
I can't beg them for money, I'm already a NEET...

>> No.15785894

Do I need to buy in now or has the train sailed?

>> No.15785924

>>15785880
what can jurisdictions do the blockchain?
nothing
bitcoin has a premium in countries where it's illegal

>> No.15786161

>>15785788
i would absolutely hold a decent amount of my networth (~20%) in bitcoin if i knew for certain that the price will never change

>> No.15786187
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15786187

>>15785841
they had the power to dupe you into buying pixels

>> No.15786497
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15786497

Unless both decentralized
>army
and
>police
follows, crypto will be what it was designed to be by its true inventors (the (((dumb))) (((boomers)))), which is an intermediate
>bait
to draw this and the next generation into a global
>cashless society
fully controlled by (((them))).

>> No.15786512

>>15785843
Small amounts of bitcoin are lost every day and can never be recovered.

>> No.15786520

>>15785836
Bitcoin only needs 2x gold marketcap to hit 1M , all the wealth in real estate to hedge against inflation will be devoured by orange coin.

>> No.15786528
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15786528

>>15786187
>Earlist investor
>JP Morgan

>> No.15786638
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15786638

>mfw if LINK does literally nothing in a world of $80K BTC we’re at $20USD
You do realize LINK has been in a bear market for the past 2 years, right? Just imagine if when the bull’s back.

>> No.15786697

>>15785646
you really never heard of deribit? gtfo

>> No.15786716

>>15785834
You can go be retarded but stop trying to convert others into being a retard because you shorted late

>> No.15786722
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15786722

Conclusion: OP is a faggot.

>> No.15786747

>>15785561
ez $16k by end of year

>> No.15786758

>>15786638
>2 years bear market
>ATH was several months ago
I also like to pretend to be retarded, Anon!

>> No.15786768

>>15786528
You got psyop’d kid. Played right into jamie’s hand

>> No.15786943

>Ctrl F chainlink : 0/0
Don't waste my time anon

>> No.15786965

>>15785788
butthurt
why are you here?

>> No.15787006

>>15785718
If you do this, you are actually retarded.

>> No.15787017

>>15785834

Truth.

>> No.15787069

>>15785561
Another news from the infinite well of bagholding employees at big companies. These things are written by very few humans, not the corporation itself, and these humans are exploiting their position to put bullshit out.

>> No.15787083

>>15785646
deribit has options but I'm not sure how active or w/e. I don't trade options.

>> No.15787095

>>15785561
>"Bitcoin was conceived to be an even harder asset than gold"
Do you understand that this doesn't mean that Bitcoin will ever become an even harder asset than gold?

>> No.15787114

>>15786697
I actually primarily focus on stock indexes/forex/commodities. Crypto is a side interest. That may change in future though.

>> No.15787227

>>15786697
Also, going back to what I mentioned here: >>15785875, you guys will have to account to bid/ask spread differences between a small exchange like Deribit, compared to the CME (when it eventually starts its options trading).

Which do you think is going to have more liquidity and so lower spreads?

>> No.15787252

>>15785788
cringe boomer cope

>> No.15787265
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15787265

>>15786758
The absolute fucking state.

>> No.15787273

>>15785578
Screen capped. This will look good on my collage.

>> No.15787300

>>15786722
delet

>> No.15787406

>so i cant sue anybody if shit hits the fan? garbage, dont want it

Goddamn Boomer


>so i cant have a recharge if i get scammed? garbage, dont want it

Use your brain before you do dumb shit.


>you live in a global world. you can send money to almost where ever you like.

Except you can't send money to certain regions or countries.


>how many times in your life have you sent money outside of hour coutry?

Doesn't matter. Also what if future developments prohibit it?


>how about an isolated third world shit country? garbage feature that 99% of the world dont require

'murrican Boomer?
>oh no, i have to wait a couple of days of a transaction to proccess?

Can be a problem and I want my shit to be done fast so I can move on. Damn Boomer I swear.


>if someone told you that bitcoin was guaranteed to stay at the same price forever, you wouldnt give a fuck about it.

Ofc not because of inflation... are you really THIS dumb?


>just confess it, youre in it for the money

Surprise motherfucker


>you dont give a fuck abour any of the shit that you mentioned

That's just an retarded argument. Do I really have to explain why?

>> No.15787892

Looking at the the March 27th 2020 expiry Options on Deribit, there doesn't really seem to be significant differences between the IV of equidistant Calls and Puts (I.e. using $8,000 as a midpoint and comparing the IV of a $6,000 Strike Put to a $10,000 Strike Call).
https://www.deribit.com/main#/options?tab=BTC-27MAR20
Will be interesting to see how that ends up changing.

>> No.15787935

>>15785646
Bitmex has "binary options" but they suck

>> No.15787983

>>15785788
It will hit 100k because of the current trend. If you know the signs and movements in their calendars you know their game.