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

/biz/ - Business & Finance


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File: 72 KB, 959x639, btc.jpg [View same] [iqdb] [saucenao] [google]
21855670 No.21855670 [Reply] [Original]

$0.10
$1
$10
$100
$1000
$10,000
$11,600 <------ you are here
$100,000
$1,000,000
$10,000,000
$100,000,000
$1,000,000,000

>> No.21855835

I think 1 million if USA collapses
No one wants to use chink money
EUR is to soft globally to enforce power
1 billion? Yeah with rampant hyper inflation
Realistically we are looking at 10-50k for the next couple years with possible spikes of up to 1-250k

>> No.21855852

>>21855670
BTC is a dead horse. It will NEVER reach 100k. Get over it.

>> No.21855939
File: 233 KB, 1823x875, bitcoin.png [View same] [iqdb] [saucenao] [google]
21855939

>>21855670

Why even bother? Most people weren't made for the Citadel. You either have aristocratic genes or you don't. There is no revelation more dismaying than when you realize most people like their chains.

>> No.21856155

>>21855852
BTC was declared dead years ago when it cost less than 100 dollars, now its 100x that. Cope you faggot

>> No.21856171
File: 1.27 MB, 202x196, 767676.gif [View same] [iqdb] [saucenao] [google]
21856171

>>21855939
that's nice and all but for the next couple of months the chart looks horrid. We're looking at price dips to 4,000$

>> No.21856340

We're all going to make it.

>> No.21856361

>>21855852
>BTC is a dead horse. It will NEVER reach 100k. Get over it.
Only coin that global finance even notices exists

>> No.21856364

>>21856171
delusional

>> No.21856373

>>21856171

Priced out, eh?

>> No.21856526

>>21856171
Imagine selling at $4k.

>> No.21856893

>>21856171
Get Fucked

Publicly traded business intelligence firm MicroStrategy purchased 21,454 bitcoin on Tuesday, effectively pouring all $250 million of its planned inflation-hedging funds into the digital currency.

Disclosing its bitcoin buy alongside an equivalent stock buyback in a Tuesday Securities and Exchange Commission filing, MicroStrategy, a Nasdaq-listed software firm worth over $1.2 billion, said the cryptocurrency provided a “reasonable hedge against inflation” in a press statement shared with CoinDesk.
“This investment reflects our belief that bitcoin, as the world’s most widely adopted cryptocurrency, is a dependable store of value and an attractive investment asset with more long-term appreciation potential than holding cash,” said CEO Michael J. Saylor.
Saylor cited forces working to weaken fiat currencies – COVID-19, global quantitative easing measures, political and economic uncertainty – but also the technical and qualitative aspects that he said give the bitcoin blockchain strength.
“We find the global acceptance, brand recognition, ecosystem vitality, network dominance, architectural resilience, technical utility and community ethos of bitcoin to be persuasive evidence of its superiority as an asset class for those seeking a long-term store of value,” Saylor said.
The capital allocation quickly fulfills Saylor’s late July promise to shareholders that MicroStrategy would buy back $250 million in stock and invest an additional $250 million in gold and bitcoin over the next 12 months.
The belief was that these and other “alternative investments” would protect MicroStrategy’s dollar-heavy balance sheet.
It is now clear that half of the $500 million bet turns entirely on bitcoin. MicroStrategy “accordingly has made bitcoin the principal holding in its treasury reserve strategy,” Saylor said.

>> No.21857148
File: 53 KB, 541x338, HL1.jpg [View same] [iqdb] [saucenao] [google]
21857148

>>21856373
>>21856364
>>21856893
I'll be back to rub it in ur faces when it happens. I don't even own any BTC btw and don't think it's wise to buy any for the remainder of the year.

>> No.21857176

>>21857148
unless you're planning to hold. IDK what will happen in the coming years desu

>> No.21857179

>>21855670
you missed the part where it was 20k already and no one will buy your heavy bags

>> No.21857453
File: 32 KB, 340x277, Downwithcaptainobvious.jpg [View same] [iqdb] [saucenao] [google]
21857453

>>21857148
Unfortunately, if its not wise to buy bitcoin then it is not wise to buy any other coins at the moment either. I've been getting this feeling the last few months. I dont dare pull my money to the sideline though, just gonna HODL. Hope that I can afford 1 bitcoin in a few months. Holding any amount of BTC 4 years ago earned life changing money, holding BTC today is no different just a bit more expensive. We will all look back in 10 years and and say "Gee i coulda bought a bitcoin for $10,000, if only...."

>> No.21857513

>>21857148
>Remainder of the year

Nice cope.

>> No.21857611

>>21857179
I guess you also missed the part where it went from $1000 back to $100 and took 4 years to get back to $1000.

>> No.21857635

>>21855670
lol bullshit. Most analysts agree that Bitcoin will hit 20k USD by 2022, and then will likely crash by 2023. You can still make money, but you'll probably make more in other coins.

>> No.21857760

>>21857635
Most analysts have been historically wrong with Bitcoin. Why would you go with the majority view?

>> No.21857811

>>21857635
And what about the analysts saying it'll hit 100k? People always underestimated BTC in the past so desu 20k is FUD.