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/biz/ - Business & Finance

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16498020 No.16498020 [Reply] [Original]

$1,000,000 / $20,0000 = 50x

Okay when was the last time BTC 50x to a top and how long did it take?

Well $20,000 / 50 = $400

When was Bitcoin $400? TWO THOUSAND AND F'KING SIXTEEN! IN ONE F'KING YEAR IT 50X.

What are you going to do?

Also by the way imagine the top tier alt coins' valuations if/when this happens.

>> No.16498026
File: 173 KB, 1320x876, 1570900361053.jpg [View same] [iqdb] [saucenao] [google]
16498026

I'm waiting...

>> No.16498045
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16498045

>>16498020
Yes we had a very long 8 years bullmarket.
now we are at the end of the second year of atleast 4 years bearmarket(could be more)
Don't be a fool, no serious investor invests in bear markets.
We are patiently waiting for bullish confirmations on the weekly and monthly timeframes.

>> No.16498059

>>16498045

traders wait for breakouts and sell early for safe yet modest gains

investors consider bear markets "buyer's markets" and hodl for those 50x - 100x returns

>> No.16498103

>>16498020
Sorry. McAfee is a fucking lunatic, he will be eating his own dick in club fed.

>> No.16498126

>>16498103

The man relies on math and dresses it with his personality, yet math is math.

>run the f*king numbers!

- McAfee

>> No.16498140

anything is possible with an out of control central bank. we never had crypto before (going through all kinds of economies), we never had negative interest before, we never had an everything bubble like this before.

>> No.16498144

>>16498026
This is one of my favourites reoccurring on /biz/
Imagine the smell but unironically

>> No.16498170

>>16498020
who is going to fucking buy bitcoin for 1 million?
did you stop and think about that for a second?

>> No.16498179
File: 66 KB, 762x791, 1574861984436.jpg [View same] [iqdb] [saucenao] [google]
16498179

>>16498126
You're a delusional fucking moron and I'm going to enjoy torturing you in hell.

>> No.16498265
File: 76 KB, 600x313, n5DjIR0m.jpg [View same] [iqdb] [saucenao] [google]
16498265

>>16498020
What influx of capital caused it to x50 to $20000 from $400?
Ballpark figure is $411 Billion

What influx of capital will be required to go from $20k to $1M?
Ballpark figure is $20.5 TRILLION

Now do you see why it's unrealistic?

>> No.16498270 [DELETED] 

>>16498020
>>16498026
>>16498045
>>16498059
>>16498103
>>16498126
>>16498140
>>16498144
>>16498170
>>16498179
>>16498265
samefag

>> No.16498275
File: 1.01 MB, 400x225, Jesse-Pinkman-What.gif [View same] [iqdb] [saucenao] [google]
16498275

>>16498270
Nigger no.

>> No.16498314
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16498314

>>16498170
this is probably the dumbest fucking post this year or 6/10 bait

>> No.16498358
File: 673 KB, 962x540, true meme.png [View same] [iqdb] [saucenao] [google]
16498358

>>16498314
KEK

>> No.16498365

>>16498170
>wtf is fungibility

>> No.16498367

4 years late

>> No.16498370

>>16498170

$1M / 100,000,000 satoshis = 1 penny / satoshi

.001 BTC = $1k

>> No.16498377

>>16498170
Once it's at that stage it will have proof it is a store of value. And that's when the fun begins.
>>16498020
Also OP your math is totally retarded and you should just be aware 1 million will be next bull run, not the one coming.

>> No.16498380

>>16498367

That's 50x from $20k and 133x from the price where it's at now.

What else is capable of doing this?

>> No.16498385

>>16498380
chainlink

>> No.16498416
File: 1.27 MB, 768x1212, proud linky.png [View same] [iqdb] [saucenao] [google]
16498416

>>16498385

>> No.16498468

>>16498416
get ass blasted fag

>> No.16498581

>>16498380
this

>> No.16498670
File: 108 KB, 288x445, 1CAF690D-B735-4B11-A051-BFC208D8BED1.jpg [View same] [iqdb] [saucenao] [google]
16498670

>>16498020
Look at this photograph.

>> No.16498704

>>16498020
...and this, my friends, is why my Ferrum bags will 100x in 2020.

>> No.16498724
File: 49 KB, 556x358, scamcaffex.jpg [View same] [iqdb] [saucenao] [google]
16498724

Imagine selling your house to buy safex

>> No.16498771
File: 49 KB, 710x371, 1btc-34809.jpg [View same] [iqdb] [saucenao] [google]
16498771

>>16498724
>safex
Safex Cash (SFX)
Market Cap Rank #886
DOWN -88.8% since ATH

OR

Safe Exchange Coin (SAFEX)
Market Cap Rank #3142
DOWN -93.7% since ATH

OR

Safex Token (SFT)
Market Cap Rank #3779
DOWN -96.8% since ATH

???

>> No.16498784

>>16498771
Who cares, safeX is a scam from Dascoin developers

>> No.16498810

>>16498170
People in 2013: who the fuck will buy $20000 per bitcoin?

>> No.16498888
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16498888

>>16498265
>Ballpark figure is $20.5 TRILLION
>this just happens to be USA national debt
uh oh

>> No.16498926

>>16498170
No one. That's the joke. When .com bubble bursted retards also called for crazy prices while holding their garbage stocks to 0. If you bought btc after 2017 then you are the dumb money everyone dumped on. Next year btc will drop to 3k again.

>> No.16499021
File: 704 KB, 1368x888, bobo can see it too TL.png [View same] [iqdb] [saucenao] [google]
16499021

>>16498265

He goes over what kind of dollar amounts push the BTC price in this video and also provides reasoning for one of the most bullish BTC cases going around this year.

https://youtu.be/UXntK5qVhvo

>> No.16499118

>>16498170
BTC has no value, if you buy BTC worth of 100$, then it doesn't matter if you get 0.0005 XBT or 5 XBT.

>> No.16499144
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16499144

>>16498265
>What influx of capital caused it to x50 to $20000 from $400?
>Ballpark figure is $411 Billion

>> No.16499207
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16499207

>>16498020
John McAfee is a cokehead who lets hookers shit in his mouth and accepts money to shill shitcoins, if you believe he pulled the $1,000,000 figure from anywhere other than his ass your a retarded motherfucker.

>> No.16499243

You think Bitcoin can become a 14 trillion dollar market cap coin? Well you're fucking retarded if that's the case. Nobody uses Bitcoin for actual things and miners will be dumping their block rewards like crazy for years to come.

HEX is lower market cap, has most coins locked up for years to come, faster TPS than BTC. HEX will do a 10000x in the next bull run. Get in now when everyone is hating and get RICH.

>> No.16499285

>>16498265
>he thinks market cap is equal to influx of capital
lol

>> No.16499317

>>16498265
why are you calling market cap "capital inflows"?
if the price for BTC is $10K and someone comes along and drops $1M which moves order book up to $11K...this may increase market cap by several orders of magnitude more than the $1M of capital inflow.
your entire calculation is worthless and you should delete or at least say "i'm retarded, sorry."

>> No.16499558
File: 146 KB, 671x519, 1571834278301.png [View same] [iqdb] [saucenao] [google]
16499558

>>16498170
>crypto must be purchased in whole numbers

>> No.16499653

>>16499243

>HEX

>>16498610

>> No.16499866

>>16498926
No, it can’t be.

>> No.16499925

>>16499243
Hi Richard (fake name)

>> No.16500626

>>16498926
Those stocks also were fucking shell companies a lot like the scams who left their site with the word “penis” on it. Also bitcoin is the greatest invention since electricity and modern plumbing you are fucking retarded for not being able to see this.

>> No.16500698

>>16498020
If BTC hits $1M, imagine the price of a solid alt that will last like BNB. Just fucking imagine.