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/biz/ - Business & Finance


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4163391 No.4163391 [Reply] [Original]

So /biz/, what did I miss?

>Segwit 2x 16 nov - 2 weeks from now

>Possible outcomes:
> 1. BTC dips but is still cruising for +$10k EOY.
> 2. BTC crashes, alts crash too.
> 3. BTC continues on this Bullrun: $9k BTC by nov 16? Alts keep bleeding.
> 4. BTC crashes, money flows into alts as people try to retain their $$$
> 5. BTC crashes so hard, eth takes over.
> 6. BTC splits, new BTC takes over and legacy BTC drops in value.
> 7. Everything goes to shit and it takes a year for the market to recover, all shitcoins are dead.

What would be the best tactics to survive the next month? Maybe even take some profit? Right now I'm down 50% on BTC because I was all in on alts. Never again.

>> No.4163417

>>4163391
You are forgetting the option where hash power splits and BTC transaction slow to a crawl on both chains tanking the price of both while people dump for fiat.

>> No.4163468

>>4163417
I'll add that to the list. Wouldn't that just mean that ETH or another contender takes over though?

>> No.4163475

>>4163417
Do you even understand what the word "hash" means?

>> No.4163535
File: 414 KB, 1920x1080, Segwitx2 DOA!!!.jpg [View same] [iqdb] [saucenao] [google]
4163535

>>4163391
6) Is a Non Sequiter. Even though the script kiddie developer blames it on core 14, he admits 15 is fatally flawed, and Segwit2X will have to limp along on Bitcoin Core 14 for 6 months or so until he fugures it out. Pic VERY related. Extremely bullish for Core Bitcoin.

>> No.4163573

>>4163535
Interesting. Thanks for letting me know

>> No.4163586

>>4163391
3) is you answer. Insiders are dumping to $7,800 from 12K at Segwit. Buyback is $7300, as momentum will carry it that far down after the insider dump, and, that is where insiders are buying back. He who has the Bitcoin makes the rules. $25 k Runup to Bitcoin Silver in December after that. Oh yeah. Insiders plan on pumping Alts for 4 hours post segwit, then dumping them so hard there will be no possibility of recovery.

>> No.4163593
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4163593

No one is going to quit this game anytime soon anon. Cashing out isn't an option unless you love paying taxes. Money is gonna continue to swirl around between alts, tether, and BTC depending on what's the safer gamble. I think long term we may see btc get rivaled by another coin due to age and too many forks. Who knows though? Sorry none of this rhymed, I'm hungover.

>> No.4163597

>>4163391
I'm thinking going all into Eth is a no-brainer right then. If the three Bitcoin forks start fighting, nobody will know what one will be on top and so they will all go into Ethereum.

>> No.4163639

>>4163597
Hmmmmm. Interesting, but I know of absolutely no insiders holding any Eth whatsoever, so I avoid it. You may get lucky, you may not. Roll the dice if you wish.

>> No.4163692

>>4163597
And; The three Bitcoin faction are already at war. The Dump attack on Core Bitcoin this morning was part of that. It was a pre - emptive nuke attack which failed. They will now be destroyed in a retaliatory attack. It was a VERY bad idea. And; Follow the Money to find out who will win. Where is this 100 Billion in Hedge Fund Derivatives Trading headed? That's right, Bitcoin Core.

>> No.4163699

>>4163586
$25k by December? Jesus Christ. I really need an altcoin boom before that or I'm fucked.

>> No.4163755

>>4163699
I know of one Anon (one of my Sons) who finally capitulated and sold all of his Alts at a 50% loss 2 months ago and went all in on bitcoin. He has now recovered all of his losses, and is making bank. It's never to late to do the same. Before hand, he wouldn't own Bitcoin, said it was a "Boomer" "Normie" thing. He just learned one of the Lessons of Life while Trolling Dad. I did the same thing to my Dad, so I found it very amusing, endearing, and Loved him more for it.

>> No.4163851

> 1. BTC dips but is still cruising for +$10k EOY.
Likely
> 2. BTC crashes, alts crash too.
Depends on what you consider "crashing". I don't think it's likely to go below $5k again, and if it does it will go up immediately.
> 3. BTC continues on this Bullrun: $9k BTC by nov 16? Alts keep bleeding.
Very likely, but it might even be more than $9K. Whoever is buying it, it won't stop any time soon. And if financial investors are investing now, then the price can easily go to $50k really soon.
> 4. BTC crashes, money flows into alts as people try to retain their $$$
lol no
> 5. BTC crashes so hard, eth takes over.
also lol no
> 6. BTC splits, new BTC takes over and legacy BTC drops in value.
It won't happen, but it won't be easy. People will lose money because no replay protection, people will buy BTC and get shit2X instead, then they will sue coinbase, lots of drama.
> 7. Everything goes to shit and it takes a year for the market to recover, all shitcoins are dead.
This is likely too, but not yet. It might happen when BTC loses momentum in like 4-6 months.

>> No.4163914

Crash is gonna happen no matter what. Look at marketcycle and guess where we are.

Im gonna sell my btc off when we hit 7500 or when we drop below 6700. Every sucker should understand daily ath's is not sustainable.

>> No.4163971

>>4163851
The only thing that could stop Bitcoin in the next 5 years is Korean War 2.0 Most of you won't care at that point, because you will be Drafted, along with my Sons. >inb4 muh "I'm not a burger hur dur." If this pops, it will go Global, and your Country will become involved, I don't care who you are.

>> No.4163990

>>4163914
Same thing people like you told me the day it ticked above the starting point of $.008. Old moldy fud is old. Please be creative.