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/biz/ - Business & Finance


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File: 14 KB, 500x500, Bitcoin.png [View same] [iqdb] [saucenao] [google]
4823852 No.4823852 [Reply] [Original]

Unless you want to go down when the bubble pops, you will have to decide now when you are going to sell it. If you don't, you'll just keep holding out of greed and you'll get fucked.

So when are you guys selling? I am selling when it reaches 15k.

>> No.4823884

I'm selling in 2024
Choo choo motherfucker

>> No.4823911

better sneak out before the whales do or hodl until about a year from now and pray

>> No.4823922

>>4823852
I'LL SELL AT 1 MILLION DOLLARS

>> No.4823936

>>4823852
100k

>> No.4823948

>>4823884
this^ check out this Greenspan video, he basically endorses bitcoin in the end

https://www.cnbc.com/2017/12/06/greenspan-compares-bitcoin-to-colonial-america-currency-that-eventually-became-worthless.html

>> No.4823959

>>4823852
I'll cash out half at 1 million.

>> No.4823974

>>4823852
has anyone actually lost money by just holding? It's not a loss until you sell, and on a long enough time frame, everything is a profit haha

>> No.4823998

Yea yea the bubble will pop at 30k and go all the way down to 15k. So worried

>> No.4824001

>>4823922
>green ID and digits
i'm with this guy

>> No.4824007

>>4823911
bitcoin will alçways stay relevant. wait until LIGHTNING NETWORK is released. All cryptos with segwit will be traded on it and bitcoin will become even more valuable. why would anyone sell, when we know more Tether was recently produced (which means it will keep going up). Even when it does go down, it's only a dip. It always goes back again. There's no point in even holding alts. If you're not trading to accumulate more BTC, there's something wrong with you. BTC is the only thing that matters. Do not sell, or you will be a sad pink wojak in the future.

>> No.4824052

>tfw knew about bitcoin for years but never got into it
>tfw downloaded coinbase a few months ago when it was $3500 and did nothing
>tfw finally invested $5000 for .4BTC yesterday

With my luck it will be back down to $1000 shortly

>> No.4824053

I'm never selling. Maybe it will be a rare thing in 50 years. First currency and all

>> No.4824091
File: 2.54 MB, 2948x7474, nocoiners life.jpg [View same] [iqdb] [saucenao] [google]
4824091

How many times do we need to go about this?

>> No.4824162

>>4824052
Dude fucking tell me about it. I downloaded Coinbase when it was 1500 still and didn't buy in cuz I wanted to "research" first

I sold all my .3 BTC when it hit 8k.

Knowing my luck as well, I could buy 1 BTC and it will crash the day after

>> No.4824176

>BTC moons
>all my coins drop

I WANT THIS COIN DEAD

>> No.4824193

>>4824007
hey how does this lightning network actually work ? is it one network for all coins or only for bitcoin ?

>> No.4824194

>>4823974
>>4824091
You guys are just looking at the history of bitcoin

But now look at the history of bubbles in general, bitcoin has all the characteristics, it is 100% certain a bubble

That doens't mean I don't see a future in crypto in general, I am exchanging all my bitcoin for ethereum when it reaches 15k

>> No.4824269

>>4824052
>>tfw finally invested $5000 for .4BTC yesterday
>tfw got 0.1BTC for $100 that I found on the street.

>> No.4824283

>>4824193
for coins based on Bitcoin's code or something like that (I think they also need to be segwit compliant). I know litecoin will work with Lightning Network.

>> No.4824296
File: 19 KB, 386x345, 4c2e747a28d681e0a96973628a4ae581--insecure-people-gif-humor.jpg [View same] [iqdb] [saucenao] [google]
4824296

>>4824194
>comparing stock/commodity bubbles to new technology
i remember the facebook bubble of 2009, and the smartphone collapse of 2014, too.

>> No.4824343

>>4824269
Congrats friend

>> No.4824347

>>4824296
>Argues that its about new technology
>Defends a crypto completely out of date in tech

>> No.4824350

>>4823852
Sold around 12000 and now skittishly daytrading after realizing the exchanges aren't ready for the big one

>> No.4824390

>>4824296
You can't compare bitcoin alone to smartphones in general, because again, I see a future in cryptocurrency, but not in bitcoin

Tell me this, is Bitcoin the best in what it does, or are the cryptocurrencies out there that do it better?

>> No.4824406

>>4824007

Which coins have Segwit?

>> No.4824461

Dont sell your btc. Set a stop loss order as low as you are comfortable setting it to and get comfy.

>> No.4824494

I've been buying and selling small amounts of BTC and BCH periodically over the past 2 weeks. Made 2K! Not bad....

If I had just held it? 5 fucking k. Can't go straight up forever though.

>> No.4824507
File: 165 KB, 512x512, 1455745906152.png [View same] [iqdb] [saucenao] [google]
4824507

>>4824461
>Stop losses when every exchange likes to conveniently stop working when a crash happens

>> No.4824572

>>4824461
For this you require to have your BTC on an exchange though right?

>> No.4824573

I'm selling all of my .0004 BTCs when it hits 20k.

>> No.4824716

>>4824406
BTC, LTC (I think), DGB (I'm pretty sure). Ripple's Network is also capable of merging with Lightning Network.

>> No.4824772

>>4823852

Weak hands M boy. Do you like to watch your wife be fucked by her boyfriend as well?

>> No.4824842
File: 972 KB, 285x161, Motherfuckaaa.gif [View same] [iqdb] [saucenao] [google]
4824842

>>4823852
Ill sell some once it hits ~150k/200k. Then ill use it for real money when its about 1 million op

>> No.4824934

>>4824842
Stay deluded

>> No.4824968

So how do people cash out bitcoin?

>> No.4824990

>>4824842
>4824842
100k 1 , 200k 1 , 500k 1 1 million 1 and hold rest.

>> No.4825024

cashed out just below $10k
it's basically walking into a casino with your savings and putting it all on red at this point

>> No.4825028

>>4824968
I just sent 0.05 btc to my bitcoin mastercard.

cashed out at the local ATM 550eur.

you must be really retarded

>> No.4825031

>>4824934
you better hope bitcoin makes it to at least 150k bud
for all our sakes

>> No.4825087

>>4824507
Coinbase is not working now either.

>> No.4825107

>>4825028
How do you get a bitcoin MasterCard, Can you get one without I'd? Can I just order one online? If so from where ?

>> No.4825128

First time sending BTC, how long does it take to arrive from one address to another?

I'm used to ETH fast delivery, this shit has been taking more than 15min now and I'm worried, wut.

>> No.4825168

>>4825107
https://www.advcash.com/en/
no id needed.

>> No.4825181

>>4825128
hour or two

>> No.4825205

>>4825181
christ almighty

>> No.4825219

>>4825128
>ETH fast delivery
Obviously you've not sent any eth in the last 24h

>> No.4825226

>Finally buy 0.5 BTC yesterday
>It's already up nearly 1k Dollar

Thank you based Satoshi.

>> No.4825239
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4825239

>>4823852
1 million dollars

>> No.4825257

>>4825219
I did, but I put that Gwei on 60 and gas price on 40k to send, 1$ fee. Fuck my life, but I really needed to sell and move my money into Tether, before this shit dips.

>> No.4825281
File: 20 KB, 250x201, 60BD12B0-DC66-4350-A48C-6E602BF8864C.jpg [View same] [iqdb] [saucenao] [google]
4825281

>>4823974
Hey Einstein, Bitcoin is at an all-time high. Literally no one who bought and held has lost money.

>> No.4825300

>>4824194
>cashing out to something that gets wrecked by cat pics
kek

>> No.4825303

>>4825281
You get used to the spastics eventually, anon.

>> No.4825316

Fools im not gonna wave to you when passing you in my 5 lambos. Go for silver or black normie cars guys, that way you will be the most average fcks on this planet.

Seriously, go big now or dont even try later. Its not gonna be more easy than this boys...

>> No.4825332

Sell before they allow put options to be bought on it. Once they allow them expect the mempool to be in the millions of unconfirmed transactions with a fee of hundreds of dollars.

>> No.4825357

I'll sell at around $2 million, just so everything tax related is handled properly

>> No.4825389

>>4825168
Looks...interesting. still don't get it though. You just order a card from that site, & then what? You register for a account?

>> No.4825412

I'm looking at the BTC graph since inception and I'm not seeing any reason it would ever go to zero. Saying people need to "get out in time" is a meme.

>> No.4825442

And don't ever cash out just use SALT to access fiat and get around capital gains tax.

>> No.4825504

>>4825442
How do you use SALT to access fiat?

>> No.4825624

>>4825504
Give me your email and I'll send you a wallet address to send the coins to.
All I need after that is your location so I can western union it to you, just send the money back whenever you can pay it and I'll slowly return the coins

>> No.4825672
File: 11 KB, 239x330, ok.png [View same] [iqdb] [saucenao] [google]
4825672

BTC is Jesus confirmed. Awakened from the Claws Of Death.

>> No.4825714

>>4825624
What's a wallet address?

>> No.4825745

>>4824390
McDonald's doesn't make the best burger, they just made it cheap, quick and were the first to make it big.

>> No.4825897

I'm a little worried about this too, but I'm thinking it will steady out at a good price rather than crashing

we'll see if the lighting network can help things

>> No.4825944

>>4823852
>So when are you guys selling? I am selling when it reaches 15k.

I know several people who sold at 10k

Their forced smiles become more apparent everyday

>> No.4825965

>>4825897
lightning network will push it back to 2013 / 14 when considering how cheap and fast it was, maybe better

>> No.4826012

>>4825944
if they sold everything they're stupid, I sold just as much as my initial investement, everything I hold from now can go 100% worthless and I never lost money

>> No.4826015

>>4823884
>>4823922
>>4823936
>>4823948
>le HODL squad
https://www.youtube.com/watch?v=cxfyGwFNc0A

>> No.4826083

I have auto-set to $1 million a coin. Will of iron. Hodl of steel.

>> No.4826677
File: 554 KB, 731x1389, mmuh bubbble.png [View same] [iqdb] [saucenao] [google]
4826677

>>4824347
>bitcoin is out of date and my shitcoin isn't
This is where you are wrong.

>> No.4826843

DON'T YOU NIGGERS GET IT? THERE IS NO BUBBLE TO POP. RETARDS HAVE BEEN SAYING THE SAME THING SINCE 2013, TELLING PEOPLE TO SELL IS B A D(!!) ADVICE.

>> No.4826949

>>4826843
what the fuck is this pajeet tier typing

>> No.4827001

>>4826677
but muh silver

>> No.4827053

>>4826677

and how many companies fell into oblivion after that bubble smartass

>> No.4827098
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4827098

does anyone trade BTCUSD CFDs??
My broker just disabled trading (IC Markets) any ideas on a new broker i hear Trading 212 is good?

>> No.4827152

>>4826677
>He thinks BTC is the Amazon or Google of crypto

Both of those companies innovated and kept themselves relevant within the space. BTC pretty much has name recognition as its biggest thing going for it. Crypto is tech, and in tech you adapt and innovate or die

>> No.4827342

>>4825031
Not when it kills alts

>> No.4827384

>>4825389
Try reading faggot

>> No.4827416

>>4826083
Easy to hodl when it’s going up big boy, I remember saying this when Eth was on the path to 1000, corrected to 130 shortly after

>> No.4827430

>>4824296
Both of these generate cash flow
Both of these have intrinsic value as per fundamental analysis

>> No.4827442

Hodling until I can get a lambo for 1 btc

>> No.4827450

>>4823852
>This time is different: The Post

100k before EOY 2018. Hell, I think we'll be there before March.

>> No.4827496

>>4827450
>This time is different
You have no idea what that means do you?

>> No.4827501

>>4826949
t. illiterate amerimutt

>> No.4827523

>>4827450
>>This time is different: The Post
Yeah, THIS time it we wont have a gox tier crash, right?

>> No.4827532

>>4823852
OP STILL doesn't get it. Where we're going you won't need to sell. You're still thinking in the mindset that USD or whatever shitty currency you're used to is somehow superior.

>> No.4827577

>>4825944
A lot of people did, which is why it dropped by 10%. I also think the same will happen on 15k and 20k mark.

>> No.4827583

>>4827523
That is the scary thing. As the coins become increasingly worth more and more ,the preference to steal everythign increases

>> No.4827589
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4827589

>>4823852
good job you piece of shit, you made it so volatile that entire systems are shitting themselves to the point of banning their use.

>> No.4827622

>>4823852
What I'm really wondering what a collapse would mean for the alt-coins. It seems to me BTC really pumps value into them via exchanges, so a BTC-collapse would mean a mess overall right?

>> No.4827624

>>4827496
I don't think you do

>>4827523
Bitcoin (the protocol/structure) would need to be compromised for that to be a relevant comparison. Mt. Gox was THE place people went to buy/sell/store Bitcoin. There's an entire ecosystem in place now for crypto exchange, and almost every one use BTC as the central 'base' currency. BTC is the currency of a whole economy now. And it's deflationary.

Betting against it in any way is betting against Cryptocurrency. That's a whole different discussion.

>> No.4827650

>>4825745
McDonald's has been bleeding money for a long time now and isn't growing.

Also people can choose to eat at multiple places. Nobody would willingly choose to use multiple different currencies

>> No.4827662

>>4827589
they are fucking dumb

it doesnt matter the volatility, the amount they make is increasing exponentially if they hold

>> No.4827704

>>4825944
That's pretty funny.

>> No.4827753

I only have 0.02 BTC, so I'm just going to sell now. I got it all from mining ETH it's basically pure profit. Unless BTC doubles in the next few months I won't be mad. But if it halves I will be.

>> No.4827788

>>4827384
i still don't get it.

>> No.4827839
File: 84 KB, 1027x324, virgin finance.jpg [View same] [iqdb] [saucenao] [google]
4827839

>>4827342
this post proves that all the rabidly anti bitcoin autists are just daytrading altcoiners that are butthurt that normies and chads who showed up 2 months ago and bought bitcoin have made more money than they have this whole year trading shitcoins.

>> No.4827910

>>4827532
Bitcoin is not a currency.

>> No.4827911

>>4827839
When you look at the facts, there is a very high chance Bitcoin is in a bubble. That's all I am saying, I am not a prophet so I could be entirely wrong too.

>> No.4827921

>>4827839
FUCK OFF CHADD
REEEE

>> No.4827935
File: 23 KB, 750x389, adoptioncurve-.jpg [View same] [iqdb] [saucenao] [google]
4827935

>>4823852
Stop looking at Bitcoin's price and start looking at its Adoption Curve. Once you understand this...

>> No.4828093

>>4827910
>Bitcoin is not a currency.

It has done an undeniably fantastic job at trading against all other currencies on Earth.

But maybe its not a currency. The fact is currencies have devalued against it at astonishing rates.

The problem is the existing framework is struggling to fit it into its various categories.

A very good argument I just read the other day puts it in the currency category. It priced relative to other currencies and can be traded.

Other legal eagles say its an asset.

Whatever. Its bitcoin, it doesn't play by the rules

>> No.4828101

>>4827935
Google+ has 100 million users? Who?

>> No.4828119

>>4828101

Automatically signing up people without their consent does wonders for your signup rates.

>> No.4828172

>>4827935
We have no idea how many wallets people have. How will you judge or consider an adoption curve?

>> No.4828253

>>4828172
I think you're missing my point. Exact numbers don't matter. Let me help you. There will only ever be 21 million bitcoins. How many do the handful of people on here have today?

>> No.4828305

I'm not selling. Going down with the ship. My stack is too big, i would have to pay a shitload of taxes and the cops would probably raid my home because the bank transaction looks suspiciously big. Literally can't cash out. Fuck the system.

>> No.4828320

>was too late to buy Bitcoin at a decent price
Any other coins that are worth it?
How's Litecoin?

>> No.4828322

I sold when it reached 3K

>> No.4828332
File: 1.25 MB, 1810x2560, just hodl and watch anime.png [View same] [iqdb] [saucenao] [google]
4828332

>>4823852
H O D L
O
D
L

>> No.4828341

>>4828305
Depending on how big it actually is, you should just move.

>> No.4828385

>>4828305
Excuse my ignorance, I'm new to this shit. But couldn't you just do small weekly transactions? At least you'd have something tangible.

>> No.4828552
File: 1.61 MB, 4032x3024, 829F583B-77EB-463A-8D4F-F8B060CA1179.jpg [View same] [iqdb] [saucenao] [google]
4828552

Mark my prediction:

March 3, 2018:
BTC 100,000


>send 0.0005 for prophecy

1QLY
NdoLf7PVdgHo3CGH5YH1YvM6HNBCoM

>> No.4828686
File: 46 KB, 324x450, 91-1DmqGqhL._SY450_.jpg [View same] [iqdb] [saucenao] [google]
4828686

no conventional economic theory can model bitcoin price movement

It is possible you can live every day at peace knowing you cannot lose what you don't sell and you can sleep peacefully every night

Imagine not giving a fuck on dips

This is Satoshi's gift

>> No.4828722
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4828722

Companies such as fb, tsla or alphabet do not even bother to proceed with new innovations or ideas if that idea do not fix/change at least billion's people daily lives somehow

>> No.4828751

>>4823852
bitcoin isn't even close to U$1tri market cap there's just to much room to grow still

>> No.4829022

>>4823852
It will grow to 100k by this time next year. No reason to dump.

>> No.4829149

>btc trades for $13k+
>cost of electricity to mine one btc is less than a fifth of that

>> No.4829470

>>4827152
This so much. Bitcoin is the biggest shitcoin out there. All that it has going for it is make recognition and acceptance across every exchange. It's tech is outdated, it doesn't do its job well, and is being pumped by speculation only

>> No.4829813

>>4824842
Kek'd

The shit you say will never fucking happen

>> No.4829836

i remember this same thread when it hit 1k lol

>> No.4829868

>>4827152
BTC IS the innovation you autists. 100% of shitcoins are scammy ripoffs. No other coin will ever be created in an environment where nobody gave a fuck (organic growth and time to test things live). Any proponents will get attacked since day 1 and will die. Also no other coin can claim BTC's track record unless they can go back in time.

>> No.4829946

>>4824194
it is indeed a bubble because all normies getting onboard the crypto train, the moment they realize they are not the same as stocks it will burst

>> No.4830064

>>4827589
The real reason -- hate to break it to you -- is that Bitcoin is shit as currency. It's unusable thanks to the huge fees and that's why it's not a supported payment anymore. The volatility thing just means that they're afraid the bubble will pop.

It's comedy gold actually. You cannot move it around except in large quantities, but the bubble is ready to pop. And it will. So holding is not much better. Top kek here.

>> No.4830176

Just sold. I think we're passed the fear of missing out stage and that Steam news spooked me.
Even if it goes to a million, I still made a killing by selling now. Its been a good ride

>> No.4830212

>>4824001
his ID is EDGE

>> No.4830251

>spent all my bitcoins on drugs last year
Fuck this shitty """""""""""""currency"""""""""""""

>> No.4830288

I think you're retarded if you think the FOMO is over.

>> No.4830343

Never selling.

I'll still be using it when it replaces fiat in 2025

>> No.4830347

>>4823852
I have 0.6 BTC. I'm selling at $500k.

>> No.4830434

>>4830176
>and that Steam news spooked me.
What are you four years old? Honestly I don't mind thinking the bubble is popping or that a dip is coming but because of fucking steam news? You are out of touch friendo.

>> No.4830443

>>4830064
https://www.youtube.com/watch?time_continue=11&v=a73Gz3Tvx3k

See you at $1,000,000

>> No.4830449

>>4823852
i sold 10% of my portfolio at 5k euro. Sucks, but I will manage

>> No.4830455

No point in selling. Bitcoin will be the gold standard of crypto currencies. It will be a place to store your wealth. One alt coin will become the standard for everyday trade like Etherium or ltc.

This is a time of great time to be alive. We are witnessing human evolution. Human beings are creating an artificial world with tech. AI, Nano Bots, Space, Robots, Gene research, VR, Blockchain, Crypto Currency, etc.

The REAL issue is that Baby Boomers fail to understand that the virtual world is a part of of the younger generation's reality. They are a delusional generation.

>> No.4830803

>>4830455
i hope you're wright

>> No.4830828

>>4830434
I'm an old /biz/nessman - I bought in at $350 BTC and $14 ETH, boyo
As far as the news, it was designed as a currency. The Steam news is a crystal clear proof of why it's not practical. Normies don't hold stores of value without practical uses (see Gold). Traditional market values and human psychology still apply, even to bitcoin. That and when I'm seeing articles on Yahoo telling normies how they can buy into bitcoin.. yeah I feel it was time to get out.

>> No.4830995

>>4828305
LARP

>> No.4831130

>>4828552
I want to believe.

>> No.4831170
File: 89 KB, 313x325, 1511190746080.png [View same] [iqdb] [saucenao] [google]
4831170

Lightning network would kill so many shitcoins, no wonder the pajeets are all in on damage control.

>> No.4831250
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4831250

We ride together, We die together, BAD BOYS 4 LIFE

>> No.4831424

>>4824091
>Bitcoin has never crashed. Not in March, not in June, not in September.

You are retarded anon

>> No.4831504

>>4824052
Look at that big green dildo. It's going back down tomorrow. I sold 30% of my stack. Bad timing, dude.

>> No.4831557

>>4824052
Fuck you, now it's going to definitely crash

I might have to sell mine to get the universe to balance out and keep it mooning

>> No.4831628

>>4831424
>crashes
>pulls itself back up to 100 USD
>crashes
>pulls itself back up to 1000 USD
>crashes
>pulls itself back up to 10000+ USD
Sure can't wait for the next crash. Gonna make me a millionaire.

>> No.4831747

>>4826015
Holy fuck this is gay

>> No.4831755

>>4828305
Just cash it to the cayman islands

>> No.4832035

>>4824194
I will say bitcoin is a Ponzi scheme for sure, at least that’s why its current value is the way it is.

However, that doesn’t mean it’s a bubble

>> No.4832280

>>4827662
In order for bitcoin to be worth something you need people willing to spend it.

Steam is not accepting bitcoin anymore to protect its consumers from overcharges due to the insane volatility of bitcoin

>> No.4832334

Once futures trading opens the super-rich that were accumulating trading bitcoin will dump it and open short positions.

Perfect time to buy more!

>> No.4832435
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4832435

>>4823852
Sell now buy 7800

>> No.4832650
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4832650

>>4831747
>tfw HODLing you 0.00000001 BTC and dabbing in from of your dads old lambo

>> No.4832792
File: 61 KB, 1000x800, 1503856729699.jpg [View same] [iqdb] [saucenao] [google]
4832792

lmao 300 btc sell wall get eaten on gdax
>15k bitcoin end of the day

>> No.4832858
File: 204 KB, 750x953, 4A785449-4337-4BF3-AB92-1D516AFBF3AD.jpg [View same] [iqdb] [saucenao] [google]
4832858

So ready. Basically will cash out just before the 2 future’s funds go live with all the money I actually put in, and leave my profit in and see what happens (that way I net out at $0 really lost in the event of total disaster). BTCMarkets allows me to sell off my BTC to AUD instantly :) monero I’ll leave on Bittrex, as I will XLM.
/COMFY AF/

>> No.4832958

I’m pulling out around the 10th of this month and then I’ll start slowly pumping money in around the 14th-20th because people are gonna be pulling out as well to buy Christmas gifts/go on vacation, etc. Then after Christmas/New Years all of that normal money is going to come in and pump it along with everyone else who wants to make back what they pulled out to buy shit for the Holidays.

GOOD LUCK

>> No.4833096

>>4829868
>BTC innovated once, ten years ago
>IT IS THE INNOVATION

Prime mover delusion is real.