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/biz/ - Business & Finance

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File: 554 KB, 731x1389, mmuh bubbble.png [View same] [iqdb] [saucenao] [google]
4745275 No.4745275 [Reply] [Original]

>muh bubble

>> No.4745613
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4745613

>> No.4745687
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4745687

"You see Billy, back in my day, we traded paper for everything there was. What did we do when we ran out of paper? Why, we printed more! And we thought that system would never fail."

>> No.4745715
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>> No.4745723
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>>4745687
What if Bitcoin becomes the world reserve currency....?

>> No.4745745

>>4745275
nocoiners will never learn
>some shitty website
>or a crypto where you can transfer a lot of money around the globe (monero) etc

>> No.4745777

>>4745275
Amazon and Apple actually continued to create a better product though, and that's why they still exist. Bitcoins blockchain technology can't even keep up with the most shittiest of scam coins these days.

Imagine how that graph would look differently if during the Amazon and Apple bubbles, they did absolutely nothing and kept hoping that people would buy their product for years to come without any improvements. That's Bitcoin.

>> No.4745803
File: 2.88 MB, 1297x7650, BTCfuture.png [View same] [iqdb] [saucenao] [google]
4745803

>>4745723
It already is. The rest just have to catch up.

>> No.4745843

>>4745777
People who invest all of their crypto-money into bitcoin are fucking retarded. ETH will obviously be the winner in terms of long-term price. I don't think it will ever be used as a currency though.

>> No.4745866

>>4745723
Don't give away the plot, anon.

>> No.4746014
File: 11 KB, 478x350, Im-The-Captain-Now.jpg [View same] [iqdb] [saucenao] [google]
4746014

>>4745723
Look at me.
LOOK AT ME!
I am the Illuminati now.

>> No.4746037

>>4745275
In other news, Apples now == Oranges.

>> No.4746047

>>4746037
Wait, which one should I buy then?

>> No.4746148

>>4746047
Oranges for the vitamin C
Apples are just another sugary shitfruit

>> No.4746161

>>4745777
Bitcoin is the America Online of crypto

People are gonna be flingin coin like they would fling those free AOL trial CDs

>> No.4746197

>>4745275
Apple and Amazon grew substantially though. They offer more products, services and do far more business. They make way more profit too.

>> No.4746240
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4746240

I made this almost a year ago!

needless to say im hodling. hands of steel mother fuckers.

>> No.4746273

>>4745275
Funny, BTC's all-time graph looks exactly the same as those charts.

Are we in a global tech bubble?

>> No.4746353

>>4746273
Yes. Soon enough the people will realize that technology only complicates our lives and we'll go back to the ways of the past. Just as Jesus intended.

>> No.4746504

When will you idiots realise that bitcoin is not real money and is used just to buy drugs stupidest investment ever! just backing up weed sellers with your actions and cant change it to real money. Buy something like stocks, bitcoin has no real value and is stupid

>> No.4746633

>>4746504
t. salty nocoiner trying to accumulate

You missed the train, buy now so at least your kids can have a lambo.

>> No.4746762

>>4746273
Google the everything bubble

>> No.4746786

Reminder if you have at least ONE Bitcoin, you'll make it.

>> No.4746802

>>4746240
Nice, anon

>> No.4746836

>>4746148
>2017
>not being all in guava
Stay poor, fruitlet

>> No.4746840
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4746840

>>4745275
So how do you know Bitcoin is like Apple and not like Cisco?

>> No.4746856
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4746856

>>4745275
>tfw was following crypto's since bitcoin was sitting at ~30$
>was there to witness the chaos on /g/ that caused moot to create this board
>sat in front of my screen at 4 in the morning watching bitcoin hit 1,000$ for the first time
>was an underage europoor with no ability to invest

My portfolio is sitting at ~10,000$ right now, all of it mined, the vast majority of it being ETH. Will I make it lads?

>> No.4746893

>>4746161
I was a literal fucking god at that. My middle school had an actual contest to frisbee them at targets and I got 5/5 cans from across the basketball court in the gym. Felt up a few girls' tits that week and pretty much peaked there for a decade until I got into crypto.

>> No.4746938
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4746938

Should i cop 1 LTC or 0.01 BTC?

>> No.4746971
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4746971

You think bitcoin is going to start making MP3 players and sell books?

Stop being stupid

>> No.4747008

You idiots realize that quantum computers will render all cryptography useless? Right?

>> No.4747036

The point of saying something is a bubble, is that 95% of the stocks will fail and only 5% will survive the bubble. How could BTC fail when its already beating the shit out of everything else. BTC is a monopoly.

>> No.4747100

>>4746938
buy the king

>> No.4747144

>>4745275

Do you see the dip in your own zoomed in chart? That is what people are waiting for. That looks like a 100% retracement. I'd buy back in at the bottom of the mountain, but BTC wants to breach 12k now without any significant dip or consolidation.

>> No.4747155

>>4747008
Not Iota.

>> No.4747212

>>4746840
How do you idiot know that BITCOIN IS NOT APPLE OR CISCO

>> No.4747747

>>4746856
Man that's gotta hurt. Knowing you could be set for life now, if you had just a little capital back then.
We're all going to make hit brudda. Even if this bubble bursts it's still a year or so down the road when we all are filthy rich

>> No.4747905
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>>4746836
>implying normalfags will adopt a guava based diet

>> No.4747977

>>4747212
I said LIKE Apple or Cisco, clearly drawing a parallel between the two possible trajectories after both their respective bubbles in 2000. Calm the fuck down.

>> No.4748005

>>4745745
>the silent shill

>> No.4748181

>>4747747
Thanks man, I've accepted it at this point. I have 20k of student debt (I moved to US lel) and ~500$ in my bank account. Having as much money in crypto's as I do, especially considering I haven't invested any real money, makes me very happy. Until 3 days ago I only had ether, now I have 1500 LINK and 50 SALT too (bought them with ether), so hopefully that will yield more profits than ether alone would.