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/biz/ - Business & Finance

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1978075 No.1978075 [Reply] [Original]

>bitcoin is back up to $1200
HOW THE FUCK DID THIS HAPPEN

>> No.1978083

Chyna and Saudis.

Chink gov is proping it up
Saudis just got bbys first crypto recently

The hard fork is going to be a bloodbath...

>> No.1978085

>>1978075
Chinese are desperate to get their money out of their banking system before it goes BOOM.

>> No.1978093

A lot of ETH buyers grasped that Bitcoin is the stronger horse. Hence they sold ETH and bought BTC.

>> No.1978094

>>1978075
>Going back up to $1200
Uhhh it's been $1247 for at least a day now and in USDT it's at $1321.

What the fuck do you mean >back up to $1200 ?

>> No.1978098

B-but I used BTC to buy beans
Beans will go up to $1 usd soon right?

>> No.1978114

>>1978094
I mean I just happened to log into my coinbase account a few seconds ago after not caring about cryptocurrencies for the past year and I saw that it's up to around 1200 like it was 3 or 4 years ago

>> No.1978129
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1978129

People needed to buy BTC so they could trade it for BITB.

>> No.1978137

>>1978114
lol get the fuck out

>> No.1978140

nocoiners on suicide watch after missing a dip, as usual.

>> No.1978239
File: 14 KB, 470x457, 1421871220230.png [View same] [iqdb] [saucenao] [google]
1978239

>>1978140
>Bought three at the dip for $900
>Sold at $1000
I goofed

>> No.1978255

>>1978140
I told them to buy the dip. I fucking told them BTC will quickly get back to 1200$ before end of this month.
>LOL! HARD FORK! BITCOIN IS DEAD! BUY ETHEREUM!
Sigh...

>> No.1978259

No one fucking knows and anyone who claims to know is full of shit

>> No.1978261

>>1978259
It's actually because of the Bitfinex/Tether fiasco going on right now. That is the reason.

>> No.1978272

>>1978261

Wrong.

>> No.1978274
File: 214 KB, 799x611, 1478289633437.jpg [View same] [iqdb] [saucenao] [google]
1978274

A big pump before the massive dump

>> No.1978359
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1978359

>1250

>> No.1978392

>>1978255
I heard you brother, I bought the dip

>> No.1978489

>>1978255
you do realize how serious this hardfork business is right?

you do realize that bitcoin is a powdered up corpse on a post like a scarecrow in a corn field thats on fire right?

>> No.1979086

>>1978075
faith being lost at big banks

>> No.1979162

>>1978489
When I bought back in it was because I found confidence in the resilience of BTC, my bet is if hardfork does happen BTC wins out.

>> No.1979182

>>1978083
Any word on when this happens?

>> No.1979243

>>1978083
Saudis are buying up crypto bullion as well.

>> No.1979248

>>1978239
It's only a goof if you lost money

>> No.1979256
File: 501 KB, 1182x551, sell wall.png [View same] [iqdb] [saucenao] [google]
1979256

$1.87 million sell wall on GDAX at $1250 hahaha.
Good fucking luck.

>> No.1979311

>>1978489
hardfork problem is exaggerated, what will be far worse is if there is no fork and no fix to how slow its become. I hate using bitcoin to buy anything now.

>> No.1979414

Short BTC/USD now

>> No.1979446

>>1979311
if harfork alt coins win instantly
if no fork alt coins win slowly

>> No.1979468
File: 138 KB, 1638x867, make the great wall great again.jpg [View same] [iqdb] [saucenao] [google]
1979468

>>1979256
>GDAX

>> No.1979472
File: 148 KB, 1623x896, there goes your wall.jpg [View same] [iqdb] [saucenao] [google]
1979472

>>1979468
$1250 wall is no more

>> No.1979476

>>1979472
gonna explode above 1250

>> No.1979478

>>1979446
>if hardfork alt coins win instantly
The only real history we have of a major hardfork from a top coin was ethereum which happened in an even worse situation and afterwards the coin increased in value. A fork does not kill the coin and if handled correctly would be more likely to increase the value than harm it.

>> No.1979652

Reminder that there are people IN THIS BOARD that recommended on a daily basis to sell your btc at 300 when Mike Hearn quit Bitcoin. NoCoiners on suicide watch!