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/biz/ - Business & Finance

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19322933 No.19322933 [Reply] [Original]

Now is a good time to buy some right?

>> No.19322949

>>19322933
It is always a good time to buy some.

>> No.19322975

>>19322933

No, about to dump hard

>> No.19323007

>>19322933

Bicoins is getting ready to dump hard

>> No.19323018

I'm one of those that laughter at cryptocurrencies and I have no money in it. Having said that, I think the average cost to mine one is 13,000. So I'd day yes

>> No.19323028

>>19322933
believe it or not the two
>>19322949
>>19322975
are not contradicting

>> No.19323060

Excellent time sir, moon soon, 100k next month.

>> No.19323061

Wait until 4k

>> No.19323073

Of course not. Buy when it reaches 3,500. Will you have to wait a year? Two? Doesn't matter. Pinkposting is a disease of those thinking in short terms.

>> No.19323280

>>19323018
what does it even mean to "mine" them?

Can't you just buy one and wait and then short it?

>> No.19323847

>>19322933
yes

>> No.19323889

>>19322933
wait for conformation don't buy on the fucking support you fuck.

>> No.19323916

>>19323280
do you understand how bitcoins are created ?

>> No.19323930

>>19323916
You lock a rooster in a cage with a laptop and cover everything except 1 and 0 and open notepad, save as bitcoin... its the only way.

>> No.19323952

>>19323280
you can. mining is not for plebs since 2011.

>> No.19324018

>>19323916
does it sound like i understand a goddamn thing about bitcoin. I'm not an intellectual fuckhead like the rest of you chinks with all your fancy stockmarket talk mumbo jumbo bullshit. All i know is buy low and sell high. It works for me, as long as I can keep making a profit i dont really care about the inner workings.

>> No.19324031

>>19324018
With that in mind, I bought 315 HAL at 4.66 almost 2 months ago. Look where thats at now.

>> No.19324094

>>19322933
I just bought some on Coinbase and reloaded my loki and nyzo bags

>> No.19324110

>>19323007
Yes be patient wait for 2k

>> No.19324118

>>19323930
Now I have to request some drawfag to make that.
Here's a free 36$ , well "free" it's locked on their website.

https://bitcoinblack.cash/front/referral/QkJDMzA2Njk5NQ==

Check your spam folder.

>> No.19324120

>>19322933
anything under 10k will be a good buy

>> No.19324203

>>19324118
No thanks I don't like FREE MONEY

>> No.19324255

>>19324018
It costs a lot of money to mine a Bitcoin on average. You need a lot of computing power to do it and that translates to a high initial investment in high tech hardware and high electric bills every month. If it cost you 13000 usd on average to produce a good, would you sell it for less? So either the Bitcoin will increase in value to at least 13000 or miners will stop mining much like right now the price of crude oil is so low that oil companies are shutting down unprofitable oil wells at these prices

>> No.19324396

It will dip to ~7500 mid June then the bull run to 100k+ begins. Screenshot this.

>> No.19324418

>>19324396
But what about rise to 13K before??

>> No.19324486

>>19324018
based

>> No.19324527

>>19324110
Why is bitcoin going to dump hard?

>> No.19324648

>>19324527
Because at a time like this everyone wants trustworthy government backed money. If there's one thing we've learned, it's that governments and banks have our best interests at heart.

>> No.19324709

>>19324527
Risk aversion is going up because of uncertainty and unemployment

>> No.19324733
File: 107 KB, 1535x713, PriceChart.png [View same] [iqdb] [saucenao] [google]
19324733

>>19322933
>>19323028
>>19322949
>>19322975


It will be a much better time to buy some two weeks from now.

>> No.19325337

>>19322975
I think so too, I will probably put 10k in if it hits 6-5k but other than that is wait and see