[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 515 KB, 5000x3126, Bitcoin_logo_yellow.png [View same] [iqdb] [saucenao] [google]
25063669 No.25063669 [Reply] [Original]

What is the suicide stack for Bitcoin?
I currently have less than 1BTC. Any hope for me to make it?

>> No.25063687

>>25063669
What the dollar suicide stack? Like 1 million?

>> No.25063706

>>25063669
I got me 21 a few days ago and now I'm in the red. how the fuck can this happen. its already down 93pct. how the FUCK can it keep tanking.

>> No.25063708

0.23 BTC

>> No.25063769

0.28 suicide stack if held for 10 years.
12 make it stack if held for 5 years.
21 rich bitch stack if held for 2.5 years.

>> No.25063792
File: 1.20 MB, 2100x1500, Untitled-1 (1).jpg [View same] [iqdb] [saucenao] [google]
25063792

whats a suicide stack?

>> No.25064292

>>25063769
Too long.

>>0.28 suicide stack if held for 5 years.
>>12 make it stack if held for 2.5 years.
>>21 rich bitch stack if held for 1 years.

>> No.25064810

>>25063669
how long for 1.5btc to make it

>> No.25064967

>>25063792
A stack that makes you money, yet not enough to make it. You will do yourself in, because you could have made it... don't ask. /biz/ logic

>> No.25065051

>>25064967
No, suicide stack is just enough so you don't kill yourself. Any less and you'll kill yourself because you missed out.

>> No.25065115

>>25065051
This. Suicide stack = just enough to not kys

>> No.25065190
File: 12 KB, 399x397, Bird Spurdo.jpg [View same] [iqdb] [saucenao] [google]
25065190

>>25065051
>>25065115

shouldnt it be called the anti suicide stack

>> No.25065286

isn't this the boomer equivalent of living off bond dividends? $1 million in bonds = $50k a year in dividends?

>> No.25065336

Suicide stack = 2.1
Make it stack = 21
King of the world stack = 210

>> No.25065381

>>25065190
Suicide prevention hotstack

>> No.25065441

>>25063669
1

there are more millionaires in the world than there will ever be bitcoins
do the math

>> No.25065564

>>25065286
>2021
>bonds yielding 5% p.a.

>> No.25065691

Lmfao all these coinlets not knowing what a suicide stack is

A suicide stack is going all in. So that if you don't make it. You suicide.

>> No.25065794

>>25065691
hello newfren

>> No.25065868

>>25063792

The minimum stack you should buy to avoid committing suicide when it moons. It applies more to early accumulation days than at peaks though. Right now I’d say 1 BTC is where you want to be so you don’t kys if it goes to 100k next year

>> No.25065930

>>25063669
1 BTC

>> No.25065981

I’d say .25-0.5 if you hold it for the next 5 years or so. You’ll make it with 1 whole one though

>> No.25066138

>>25065441
I'm ignorant. Could you explain what you mean, please? You don't need to do the math I will just trust what you say.

>> No.25066283

It's fucking depressing having heard about BTC the first time when it was under $100 and now anons are discussing if one of them is enough to make it or not. Not as bad as the guy who bought two pizzas for 10,000 BTC in the early days, but still. I read the Bitcoin whitepaper and was like "cool little project. It's limited to 3 transaction per seconds though, so it will never be more than just a toy project". And now we are at $23k.

>> No.25066402

>>25066138
There will never be more than 21 million bitcoins, ever. It's the hardcap.

There are more than 21 million millionaires though. Therefore, not even they can have one full BTC once everyone wants it

>> No.25066436

1 (one) = suicide stack
21 (twenty one) = make it stack

>> No.25066483

>>25063706
typo. you probably bought pitcoin.

>> No.25066564

>>25065691
That's what I thought at first and it makes more sense.

>> No.25067126
File: 8 KB, 325x155, images.jpg [View same] [iqdb] [saucenao] [google]
25067126

>>25065115
>This.

>> No.25067181

>>25065691
Cringe lurk more

>> No.25067824

>>25063669
0.21 btc is current suicide stack
0.021 btc in 202
0.003 thereafter

>> No.25068045

>>25065868
Realistically 0.1 has been suicide for a while

>> No.25068148

Have 5 how many years lads
I just want to stop working for mister shekelstein

>> No.25068227
File: 186 KB, 807x605, 666.jpg [View same] [iqdb] [saucenao] [google]
25068227

>>25063669
>bitcoin CASH logo
nice

pick up some BCH as well OP, you're already on your way without even knowing

>> No.25068243

>>25065691
Excellent bait

>> No.25068308

>>25063687
25 million.

Over 35% of all USD in existence were printed the last 10 months. Unless things are no longer the way they used to be nonono inflation will start hitting next year.

>> No.25068333

Is .5 BTC enough for me, a Cambodian, to escape Shlomo's maze?
I just want to ride my Honda dream and run a small cafe.

>> No.25068410

>>25063669
0.5 suicide stack unironically

especially if BTC is worth millions in 2030+

>> No.25068438

>>25065691
top bait

>> No.25068549
File: 55 KB, 620x442, pyramid of wealth.jpg [View same] [iqdb] [saucenao] [google]
25068549

>>25063669
Let's assume that someday BTC reaches 5% global wealth (for reference, gold is somewhere around 2.5%). Then, look at the global distribution of wealth (pic related).

Suicide Tier: < $10k
This represents 3% of wealth, and 71% of people.
21m * 3% = 630,000 BTC
7.53b * 71% = 5,346,300,000 people
On average 0.00011784 BTC per person if BTC was 100% of global wealth
Factoring in target of just 5% of global wealth:
>0.00235677 BTC or less, might as well end it

Wagecuck Lifer Tier: $10k - $100k
This represents 12.5% of wealth, and 21% of people.
Go through the same calculations as above.
>0.03320053 BTC and you'll only have to work until you're 65

Comfortable Wagie Tier: $100k - $1m
This represents 39.4% of wealth, and 7.4% of people.
>0.29697427 BTC for a content, middle-class working life

Hookers & Blow Tier: $1m - $5m
This represents 26.6% of wealth, and 0.63% of people
>2.4 BTC and you're in a good place. Still need to work, but you can probably retire in 10 years, or blow it all in Phuket

Truly Made It Tier: $5m - $1b
This represents 15.8% of wealth, and 0.069965% of people
>12.6 BTC or more and you will officially make it. Enough to be a NEET for the rest of your life

Ascended Tier: > $1b
This represents 2.8% of wealth, and 0.000035% of people
>4462 BTC to challenge the gods

There are of course circumstances which could sway these numbers higher or lower. For example 5% of global wealth is very optimistic. But on the other hand it's estimated that 4 million BTC are lost forever, increasing scarcity.

>> No.25068575

>>25068227
the middle girl is an uggo

>> No.25068581

>>25068549
Also for each of these tiers the "BTC per person" is really just an average. For example in the inequality pyramid the bottom 71% people are worth 3% of the global wealth, but that doesn't mean that the wealth is distributed evenly in that tier. You could break each tier up into its own sections that are just as unequal as the overall pyramid itself. In the 12.6 BTC case that's taking the average wealth for anyone in the $5m-$1b range. In reality there are many more people down at the $5m mark than there are up at the $1b mark. In any case, these tiers are less about the price and more about "if BTC takes over, how much do I need to be a 1%er? What about a 0.1%er?"

That's why I find this more instructive than "what if the price/mc was x?". No matter how it shakes out over the next 5, 10, 20 years, one thing I'm certain that will remain is the fact that 1% of people are worth more than all the rest of the 99% combined. And 0.01% of people are worth more than all the rest of the top 1% combined. And so on.

>> No.25069160

Let's say I have January - March to dump a ton of money into bitcoin with April - June to then try to time a bigger dip purchase.

Can I make it if I get >1 BTC (preferably 2?)

Assume I am willing to hold at least 5 years.

>> No.25069354
File: 1.37 MB, 1190x1690, Bitcoin 2021.png [View same] [iqdb] [saucenao] [google]
25069354

>>25063669

>> No.25069428

>>25064292
>nigger tier formatting.

>> No.25069471

>>25063669
21.
Its always been 21

>> No.25069474

>>25063706
Sell it for a loss, it’s going to zero. The bubble is about to pop

>> No.25069615

>>25069160
pls resond

>> No.25069887

>>25065564
yes in boomer times that was a thing

>> No.25069918

>>25069615
no

>> No.25070044

>>25069615
Hi anon

>> No.25070481
File: 80 KB, 1024x724, 1608573294327.jpg [View same] [iqdb] [saucenao] [google]
25070481

>>25069471
>>25066436
>>25069471
These anons know what's up. 21 BTC is one millionth of the maximum marketcap and guarantees you of becoming a multimillionaire this very bull cycle.

>b-b-but that's too expensive!
You had 11 years to accumulate. 4chan was talking about Bitcoin since 2010. The fact you failed this IQ test is your own fault.

>> No.25070692

>>25065441
there are fewer than 100,000 millionaires in the world

>> No.25070755

>>25066138
he's saying that eventually there will be so much demand for bitcoin that every one who can afford one will buy one, and there are more people that can afford one than there are total BTC

which is flawed in so many ways because BTC can be purchased in portions, there are less than 100k millionaires in the world, not everyone who can afford one will buy one... list goes on

>> No.25070821

>>25070692
There are nearly 50 million of them

>> No.25070913

>>25070692
https://en.wikipedia.org/wiki/Millionaire#Number_of_millionaires_per_country_by_Credit_Suisse

>> No.25070930
File: 31 KB, 663x707, dec2bcea33775d4ba7e861102ca40a7d.jpg [View same] [iqdb] [saucenao] [google]
25070930

>>25070481
>You had 11 years to accumulate.

But anon, what if you were underaged for the majority of that time? It sucks to be gen z.

>> No.25071094

>>25070930
You had 3 years to get chain link

>> No.25071233

>>25068333

Are you planning to stay in Cambodia? Then yeah, easily. Five years and that's 500k USD. You can live like a god on that in any developing country.

>> No.25071275

>>25063669
Get that bitcoin cash logo out of my face

>> No.25071296
File: 90 KB, 710x823, 1525406890021.jpg [View same] [iqdb] [saucenao] [google]
25071296

>>25066402

>> No.25071324

>>25068549
What price per coin is this

>> No.25071352

>>25068549
Screencapped

>> No.25071384

Everyone on biz should dedicate themselves to obtaining 1 BTC asap. Simple as.

>> No.25071508

>>25069354
if all of that happens in 2021 it'll be a fun year on /biz/

>> No.25071545

>>25063669
Suicide stack is .21 now....It was 21, then 2.1

>> No.25071579

>>25063706
Fucking noob. Just wait, pussy.

>> No.25071702

>>25071384
It's too late for 95% of the planet to ever own 1 full BTC. Crazy to think about.

>> No.25071708
File: 224 KB, 720x920, 0.jpg [View same] [iqdb] [saucenao] [google]
25071708

>>25070930
man internet really messes with your head. 30 years ago the age difference between you and i would have been so great we'd never spoke a word to each other but here we are.

makes you wonder how many adults' opinions these days are swayed by teens that know nothing about the world.

>> No.25071768

>>25069471
21 is a comfy stack
1 is a suicide stack
0.1 is better than nothing

>> No.25071782

who is still buying at these prices ??

>> No.25071811

>>25070930
Then you have the next ten years to accumulate the Next Big Thing. Or maybe just more bitcoin.

>> No.25071833

>>25071782
Massive investors whose goal is simply to own X % or their portfolio as BTC

>> No.25071842

>>25070930

Just want you to know bro, you will have your thing, you only have to keep your eyes peeled for every opportunity. Boomers had real estate, Gen X had internet stocks, Millennials have Bitcoin. There will be something for Zoomies. The most important thing is to accumulate as much money as you can early in life, then when you have 10-30k start looking for your big break. Bitcoin will actually be a great leg-up for you if you can put just a couple thousand into it now. You're looking at a 50x in five years. Imagine what you could then use 100k for. First 100k is the hardest, after all.

I'm 29 and I only got into Bitcoin a couple years ago, even though I knew about it since the beginning. Be more aggressive and perspicacious than most Millennials were and I know you'll make it. The fact you're reading about investment opportunities now means you're way ahead of most of your peers.

>> No.25071848
File: 862 KB, 1555x1080, badmadsad.png [View same] [iqdb] [saucenao] [google]
25071848

>>25063769
>had .38 before the pump
>get hacked during pump
>funds take awhile to recoup
>16k now 20
>funds come back, instantly buy back in

I now own .28 btc

>> No.25071896

>>25071811
I'm so sad and 23, I made many mistakes but my biggest was not understanding money

>> No.25071954

>>25071842
I honestly wonder what the thing will be for zoomers. It will definetely be something digital, but no idea what. It may not even exist yet.

>> No.25071989

>>25071896

23 is babby. I knew dick about investing or money management when I was 23. Just don't spend. Save save save. Buy as much BTC as you can over this decade, then use that as a catapult into the next thing. We're all gonna make it.

>> No.25072031

>>25071989
thank you anon, I'll pray for you; pray for me; I just want to make it enough to have a lovely and non-degen wife and nice Orthodox family in some bumfuck town. Paying off my student loans and finishing my cardiology degree would be nice too; dog bless

>> No.25072069

>>25071896
I bought BTC when i was 23. Here we are 9 years later.
Getting rich with investments takes time.
Maybe if you bought Bitcoin now you'll be rich by 30.

>> No.25072192

I have £69 worth

>> No.25072282

>cant afford a single bitcoin

i hate my life......

>> No.25072309

>>25072282
Why? It's only $24k and you had 12 years?

>> No.25072310
File: 326 KB, 665x669, 8AD7260E-6F2C-4872-9446-013FB5B63125.jpg [View same] [iqdb] [saucenao] [google]
25072310

>>25071708
Extremely based post and point, anon. I’ve never thought about that specific detriment to the internet, but it’s something I won’t forget.

>> No.25072857

>>25070930
>>25071708
>20 year old zoomer
>couldn't even buy BTC until i turned 18
>Now desperately trying to dump in my barely above minimum wage wagie checks so I don't kill myself
The game was rigged from the start

>> No.25072929

>>25068227
how much LNK for left?

>> No.25073240

>>25071842
>37
>fucked up with both bubble 2.0 in the late 00s and bitcoin
i too will join the zoomer thingy

>> No.25073293

>>25063669
1

>> No.25073306

>>25063792
It's a stack large enough that, if you sold early, you would commit suicide when it moons for real.