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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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18308978 No.18308978 [Reply] [Original]

Let the bull run begin

>> No.18309037

>>18308978

Let's wait till US deaths hit 7000 lmao

>> No.18309415

>>18308978
We hit 72 a few days back.
How will this be different?

>> No.18309474

>>18308978
bank holidays starting to happen, adaption phase inbound

>> No.18309522

>>18309415
Ascending triangle you fucking retard. this shit's about to explode

>> No.18309534

>>18309522
Hahahahaha.

...and lemme guess, you don't hold Nervos.

>> No.18309553

>>18309522
>Ascending triangle
>Descending volume
Isn’t that bearish?

>> No.18309581

>>18309553
It's bearish for low test faggots.

>> No.18309582

>>18309553
Forgot about this.

>> No.18309629

>>18309581
Suck my cock faggot

>> No.18309651

is it really just buy low sell high? i sold a little bit of mine and ill probably buy back when its down to 6.7k or something, am i doing it right?

>> No.18309687

This shitcoin was over 9000 exactly a month ago. Fucking bulls celebrating over bullshit.

>> No.18309691

>>18309651
what you think is? if bitcoin is adopted as a gold standard currency (it probably won't) then it would lose its volatility. now yes its volatility is due to exchanging it for something you can buy things with. hint if invest in cryptos invest in the infrastucture that will support the one that does eventually become a new currency.

>> No.18309696 [DELETED] 

>>18309691
YES OR NO!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
THAT WAS GIBBERISH

>> No.18309700

>>18309691
bitcoin will never ever get adopted by institutions best you can hope for is an etf

>> No.18309703

>>18309687
The whole economy crashed faggot. BTC has performed better in recovering than most stocks

>> No.18309711

>>18309696
yes from a speculation you will make money as many are still interested in it and a bull run could happen again. but long term bitcoin wont be the gold standard type of currency imho.

>> No.18309715

>>18309037
They already hit it. Little late to the party. Its why bitcoins mooning. Took out my life savings put it all in bitcoin already 2% up. Were going to the fucking moon get in before you miss the ship again

>> No.18309725
File: 104 KB, 400x400, 1437622505_sexypepe.gif [View same] [iqdb] [saucenao] [google]
18309725

>$7100 >$7100 >$7100 >$7100 >$7100 >$7100 >$7100 >$7100 >$7100 >$7100 >$7100 >$7100 >$7100 >$7100 >$7100 >$7100 >$7100 >$7100 >$7100 >$7100 >$7100 >$7100 >$7100 >$7100 >$7100 >$7100 >$7100 >$7100 >$7100 >$7100 >$7100 >$7100 >$7100 >$7100 >$7100 >$7100 >$7100 >$7100 >$7100 >$7100 >$7100 >$7100 >$7100 >$7100 >$7100 >$7100 >$7100 >$7100 >$7100 >$7100 >$7100 >$7100 >$7100 >$7100 >$7100 >$7100 >$7100 >$7100 >$7100 >$7100 >$7100 >$7100 >$7100 >$7100

>> No.18309752

>>18309711
bitcoin will replace gold i have little doubt about that. gold will be used as industrial metal more and more and less and less as financial asset. just as silver is barely used today as financial asset.

this will happen gradually as boomers die out.
bitcoin will take it's role it's mathematically determined scarcity and unconfiscateable property makes it ideal for private ownership and hedge against inflation.

i'm not at all convinced bitcoin will ever be used as currency.

>> No.18309763

>>18309715
I pray for bountiful btc in the future and that your investment pays off. lets hope that the moons not the limit.

>> No.18309770

>>18309752
oh and of course for bitcoin to take golds role it's systemic risks need to be reduced greatly. the 9000 pound gorilla in the room is china. bitcoin is not robust enough from the ruling parties interference as is. it needs to move the majority of hash out of that country and get mining more distributed then we can see some more adoption.

>> No.18309776

let bitcoin settle down and buy the fuck out of nervos ckb.

no need to thank me, anon.

>> No.18309778

>>18309711
thank u

>> No.18309795

It's pegged to the stock market, which is so funny. If this goes on, people would rather trade stocks instead of coins. And BTC will crash in a few months - for good.

>> No.18309798
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18309798

HAHAH YOU GUYS SEE THAT IT WENT BELOW 7K JUST NOW HAHA. YOU GUYS ARE GONNA FEEL SO RETARDED WHEN THIS THING BOTTOMS AND STAYS DOWN.

>> No.18309800

>>18309715

Per day.

>> No.18309811

>>18309703
What a sad retort. So your silver lining is that stocks got rekt more than your shitcoin? Well wasn't your bitcoin supposed to be a great store of value or safe haven or whatever bullshit buzzwords you blind fanboys invent, specifically for times like these? This pandemic just proved that bitcoin really is useless.

>> No.18309812

>>18309795
yes i have told you fags for years while the financial system works and while your government does not openly turn on you bitcoin offers nothing over stocks for the majority of people.
it beats the living shit out of gold tho. and if you ever have to run it's the thing.

>> No.18309815
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18309815

Blocks your path.

>> No.18310623

>>18308978
cringe