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/biz/ - Business & Finance

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17653672 No.17653672 [Reply] [Original]

Bitcoin was designed to free people from centralized banking and the pump and dump cycle we're seeing unfold in trad markets right now.

Yet as that scenario unfolds, and despite BTC being a mere 2 months from halvening, BTC is dumping through all supports and collapsing at a rate even worse than trad markets are. And this despite it NEVER recovering from ATH in 2017 - an 800+ day period during which trad markets soared to new ATH over and over again.

Let that sink in.

>> No.17653708

>>17653672
pee pee poo poo
you think bitcoin is collapsing right now? weak hands are collapsing right now.

>> No.17653721

>>17653708
>weak hands are collapsing right now.
top kek delusion
it's over crypto is over
everyone pack up ur shit and get the fuck out

>> No.17653740

>>17653672
>Bitcoin was designed to free people from centralized banking and the pump and dump cycle
You never read the cypherpunk manifesto, didn't you?

>> No.17653774

>>17653672
Halvening will decrease sell pressure stupid normie reeeeeeeee

>> No.17653781

its not over yet. nothing else in the world provides what bitcoin can. the plan is still intact.

>> No.17653800

>>17653672
Fuck you faggot

>> No.17653835
File: 311 KB, 1503x852, btcxauvolume.png [View same] [iqdb] [saucenao] [google]
17653835

RIP BTC

>> No.17653859

>>17653672
Bitcoin was designed to free niggers from centralized niggering and the poop and pee cycle we're seeing unfold in poop markets right now.

Yet as that scenario unfolds, and despite BTC being a mere 2 months from halvening, BTC is fucking my grandma through all supports and collapsing at a rate even worse than poop markets are. And this despite my grandma NEVER recovering from buttfucking in 2017 - an 800+ day period during which poop markets soared to new buttfucking over and over again.

Let that sink in.

>> No.17653884

>>17653859
The halvening was already priced it, you didnt think it would 100x did you?

>> No.17653914

everyone knows its over

stop tryinng to think its the other way and sell. I just did at 7650, I lifted a huge pain of my brain

>> No.17653939

>>17653672
issa ponzi, nothing more or less. it only survives in bull markets when dumb people have lots of money to spend.

>> No.17653946

>>17653721
If crypto didn't die after the Mt Gox shit then it's not going to die now.

>> No.17653948
File: 35 KB, 645x729, 1513044344078.png [View same] [iqdb] [saucenao] [google]
17653948

>>17653672
>free me from the central banks!
>AHHHH the market is moving up and down too much! central banks save me!

>> No.17653997
File: 133 KB, 929x1175, 1582013955324.png [View same] [iqdb] [saucenao] [google]
17653997

>>17653948
>The FED is a good boy it DINDU NUFFIN
Fuck you slave, go kiss your photo of Woodrow Wilson you fag

>> No.17654006

>>17653939
its more than a ponzi you dumb fuck. once the design of bitcoin is fully realized by the world it will take off. it is still in discovery phase.

>> No.17654009
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17654009

>>17653997
>somehow getting that from my post

>> No.17654029
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17654029

>>17654009
>>somehow getting that from my post
Listen if you're gonna be gay atleast don't give me fucking aids from your posts

>> No.17654044

>>17654006
11 yrs bro...it's over

>> No.17654110

>>17654044
its never going away. people that say its going to 0 are simply stupid. if you need the value explained to you than you just never took the time to realize what its about.

>> No.17654591

>>17654110
Explain then bro, 20 other cryptos do the exact thing and more now.

>> No.17655450

Massive coping in this thread. Love how all the coper posts boil down to either (a) "pee pee poo poo" and (b) "fuck you, it's going to go back up because I say so!".

The absolute STATE.

>> No.17655503

>>17653672
bitcoin went to fucking 3k and did not die last year so it wont die now get your fucking weak hands out of the market if you cant watch a -50 % you are not cut out for crypto

>> No.17655627
File: 192 KB, 1600x960, 1566813207271.png [View same] [iqdb] [saucenao] [google]
17655627

>>17653672
It's literally nothing

>> No.17655775

>>17653672
>traditional markets are all shitting themselves way harder
>oil loses 30%
>futures hit circuit breaker
>plustoken scammers are literally dumping millions of dollars worth of BTC on finex
>this is correlated
retard

>> No.17655814

Yeah, at the rate it's collapsing, it's approaching my sell price really fast.
My sell price is N E V E R, K I K E

>> No.17655839

>>17653672
>despite BTC being a mere 2 months from halvening
you say that almost as if BTC would be expected to increase in price when that happens, and as if it won't collapse completely due to a totally dysfunctional and unsustainable model of mining rewards

>> No.17655877
File: 3 KB, 186x186, truty.png [View same] [iqdb] [saucenao] [google]
17655877

>>17653672
>Bitcoin was designed to free people from centralized banking
you either die a hero ...

>> No.17655953

>>17653672
Bitcoin also used to be UNDER ONE DOLLAR.

Nervos and Monero are the true Bitcoin.

>> No.17656047

>>17653672
When a recession hits:
>Real stores of value
Maintain price, moon slightly
>Stocks
Lose value
>Purely speculative assets; gambling
Take a huge hit.
>muh btc is a store of value

>> No.17656684

>>17655953
I'm unironically thinking this too. Nervos is the best moon chance in this market desu

>> No.17656709

I'm glad we're free from the centralization of banking, centralization of exchanges is muuuch better :^)