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

/biz/ - Business & Finance

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3042721 No.3042721 [Reply] [Original]

When /biz/ realized that we liked Bitcoin because it was a great market standard for easy entry level online marketplace, but at years end it will be 10k+. Making it easy to hold your bag until then - but trading on an upward trend with no down isn't feasable even with the 21 club. The success of your iron clad hands and efforts to keep the coin going have essentially handed it over to whales and trust fund kids.

Speaking for 2018, what is next /biz/?

>> No.3042741

We're at a point where baby boomers are starting to realize that Bitcoin is the future. Bitcoin isn't ending in 2018.

>> No.3042780
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3042780

*teleports behind you*

*we're the early adapters*

nothing personnel, kid

>> No.3042798

>hurr durr, 10k is the ceiling for bitcoin

>> No.3042812

>>3042741
No, it isn't ending in 2018.. But sometime here, the math just doesn't add up for continuing investments past 10,000.

10,000 x 5% = 500 per day
10,000 / 500 = 20 days to the next BTC
(LEGALLY MIND YOU)
10,000 / 50% Tax = 5,000
5,000 x 2 months = 10,000
Market Trends for 2 months 5% daily Increase = 15,000

There's essentially no point in continuing to invest from a whales standpoint past 10k.

inb4trolling - progressive convo plz