[ 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: 108 KB, 960x604, 1510096014323.jpg [View same] [iqdb] [saucenao] [google]
4582108 No.4582108 [Reply] [Original]

Now is the time to buy Alt coins or going into Tether/Fiat biz. When btc crashes alts go up relative to BTC which is when BTC nears $10k

>> No.4582144

>>4582108
literally the last time BTC crashed Alts did as well. Alts will also crash because people will be taking profits from the recent boost.

>> No.4582190

>>4582108
Bitcoin pump is fueled entirely by normies right now. Oldfags will reap the pump and make it drop, but alts will stay relatively steady.
Alts will not drop, because they are actually worth something, but they will also not pump, because the normies will get burnt by BTC and stay away from cryptos again.

>> No.4582222

why would somebody sell BTC when he can cash out?

>> No.4582350
File: 194 KB, 391x365, Jaime_and_Cersei_1x03.png [View same] [iqdb] [saucenao] [google]
4582350

>>4582108
>When btc crashes alts go up relative to BTC
I believe the correct term is incest anon

>> No.4582387

>>4582190
>Alts will not drop, because they are actually worth something

About 2% of alts are actually worth a damn, the rest will slowly die over time

>> No.4582412

>>4582108
Literally the entire game changes when BTC hits 10k

>> No.4582482

>>4582387
Exactly this. Some few alts will not only survive, but soak up majority of the market cap from pointless entities like BTC, XRP, ETC, BTG, ...

>> No.4582511

>>4582387
With this logic, bitcoin will die first. That's the most obsolete one, if you understand the outdated blockchain.

>> No.4582614

>>4582511

I'm well aware BTC is a piece of shit, but it has hype and first-move advantage behind it. It's what everyone thinks of when they think of cryptocurrency

The alts don't have any of that

>> No.4582650

>>4582614
That's why bitcoin will die and "alts" (whatever your definition of alt is) will win over the long run.

>> No.4582662

>>4582108
now u know btc will go pass 10k

>> No.4582680

>>4582511
Tech is irrelevant. BTC is used as currency. 99% of the people investing in it wouldn't have if it was just speculative like alts are

It's why BTC is so high and why it will last. Alts are the startups of the dotcom. BTC is Apple and Google. We all know how this ends

>> No.4582714
File: 1003 KB, 640x1900, yolo.jpg [View same] [iqdb] [saucenao] [google]
4582714

Bitcoin Cash M O O N mission refueling as we speak.

>> No.4582772

>>4582650

One alt will one day replace BTC, a few alts with actually uses will see gains as well and the rest will fucking die

>> No.4582805

>>4582680
>BTC is Apple and Google.

Google was not the first search engine company of its time

>> No.4582880

>>4582805
Alts are the equivalent of the theory and specification of a search engine written into a book, placed onto a shelf and no one reading it

It doesn't matter if you're the first or the worst, BTC is the only one being used

>> No.4582911

>>4582880
>BTC is the only one being used
That is the kicker of it: it is barely usable right now and it will get ever worse

>> No.4583089

>>4582880
Oh man, thanks for the info. I was deluded thinking eth 43B market cap and bch 27B were real. Good thing to know they are just theoretical. Their usability as a a fast and cheap mean to transfer money must be theorical too.

>> No.4583128

>>4582108
>t. newb who wasnt her for the July and september bear markets

>> No.4583432

>>4583089
It's ironic that you're speaking with a tone of irony while everything you're saying is factual