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/biz/ - Business & Finance


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4834141 No.4834141 [Reply] [Original]

Are we gonna do this? Are we gonna go to $15k? Really normies?

>> No.4834244

>>4834141
Yes we are, the normies are coming in, they are insane, KFC and bitcoin, worldstaaar, it's happening faggot.

Buy XRP and Stratis and weather the storm.

>> No.4834262

THE ESTABLISHMENT AND THE NORMIES WILL NOT DIVIDE US

>> No.4834270

>>4834141
15k? We going to a billion dollara per coin. Buckle up.

>> No.4834361

DIP when ?

>> No.4834400

>>4834361
now!!

>> No.4834402

Short at 15k? (with 5x leverage)

>> No.4834424

I fucking loves chads

>> No.4834441

It's crashing right now according to coinbase

>> No.4834442

why has it been so uncomfy lately guys? I miss muh secret 3 digit btc club

>> No.4834451
File: 507 KB, 1070x601, wojack.png [View same] [iqdb] [saucenao] [google]
4834451

THE FUCKING NORMIES WERE SUPPOSED TO PUMP UP MY ALTCOINS. NOT STUPID SLOW OLD UNSCALABLE BITCOIN. FUCK EVERYTHING.

>> No.4834455

>>4834361
No dip

>> No.4834482

I hate normies so fucking much, 70 year old women who pay with credit cards on coinbase are getting better gains than carefully researching alts, buying dips hodling and selling pumps

>> No.4834490
File: 227 KB, 600x600, 000_0LiterallyShaking.gif [View same] [iqdb] [saucenao] [google]
4834490

>>4834361

RIGHT FUCKING NOW

>> No.4834504

>>4834141

People who bought BTC at $10k are up nearly 1.5x.

>> No.4834523

>>4834441
>crashing
woah a 1% correction

>> No.4834538
File: 237 KB, 907x1643, stufftoblowyourmind-23-2014-12-saturnpainting1.jpg [View same] [iqdb] [saucenao] [google]
4834538

>>4834141
the normies are here and they are running and frenzied, like cattle

for many of them know, if not mentally then viscerally, this is their last, desperate chance to escape wagecukery and their normie hell

thousands of them will die. tens of thousands. but from the bones of their charnal pits we will build a great altar, and from their ashes forge a diamond throne upon which Bitcoin, cannibal god of the NEETS, will rein forever

>> No.4834551
File: 265 KB, 1400x569, 1504200853293.jpg [View same] [iqdb] [saucenao] [google]
4834551

>tfw caused the LINK dump so I could ride this bitch up
YAASSS

>> No.4834587

>>4834482
I was at my grandparents' retirement home yesterday, and had dinner with them and all the old folks.

They were all talking about their coinbase accounts, how they got it set up with their flip phones, how they bought $5,000 in Bitcoin, etc. They're not dumb though, they know that there are altcoins that could generate much higher returns, they just weren saying they don't really know how to buy them.

>> No.4834589

>>4834442
I'd be happy with mid 4 digit club desu

>> No.4834669

>>4834442
because we all know it's not real growth and it's going to crash very hard

>> No.4834703

>>4834451
>normies
>altcoins
You never really thought that through much, did you?

>> No.4834714

>>4834669
I remember very distinctly when people said the same thing at 3k. Just recognize that we are going to 100k with minimal dips in between

>> No.4834724
File: 1.05 MB, 1397x3333, BTCtoM00Nand+++.jpg [View same] [iqdb] [saucenao] [google]
4834724

>>4834141
>>4834244

>> No.4834747

>>4834714
>I remember very distinctly when people said the same thing at 3k. Just recognize that we are going to 100k with minimal dips in between

500k in 3 years will see.

>> No.4834762

>>4834714

It wasn't being pumped with imaginary tethers back then.

>> No.4834765

Just wait until the Christmas money starts pouring in.

>> No.4834793

>>4834765
Traditionally people cash out for Christmas but this is BTC so who knows.

>> No.4834831

tether has been abnormally silent
also @1.02 to usd

were kinda fucked if it doesnt go to 1.00

>> No.4834851

>>4834724
>mooning so hard it actually goes back in time

>> No.4834856

ok im new to bitcoin can someone help me out? how do i buy bitcoin? can i buy fractions of a bitcoin? is it safe? what price should i buy at (wait for a dip soon)? thanks

>> No.4834880

someone kill tether already so I can buy btc without feeling like a retard

>> No.4834887

>>4834856
didnt mean to word this like im writing an email to my grandma

>> No.4834927

>>4834856
>how do i buy bitcoin? can i buy fractions of a bitcoin? is it safe? what price should i buy at (wait for a dip soon)? thanks

make an account on coinbase, provide accurate documents (take picture of your id/drivers license) then connect your bank/credit card and buy from there, then go to gdax if you want to exchange your bitcoins into some memecoins

other than that, just HODL

>> No.4834951

>>4834927
thanks my man. should i wait for a dip before buying? im worried it will crash soon

>> No.4834960

>>4834762
That's probably what brought mainstream attention to it, and now the normie influx will make sure it never goes under 5 digits again

>> No.4834964

>>4834856
1: buy it from an exchange. Coinbase is the easiest in the US. Kraken is the easiest in the EU.
2: you can buy fractions up to 0.0000001 bitcoin
3: You mean technically secure? Yes as long as you are not retarded (you are on 4chan thus not elderly person level)
4: Wait for a dip to ~10.000-12.000

>> No.4834966

>>4834703
Well it's great that Normie's keep pumping bitcoin. The more they pump it the more undervalued alts seem.

>> No.4835006

>>4834964
ya i just meant like is it sketchy or is it legit. sounds like its legit

>> No.4835032

>>4834966
anon the normies arent buying them its just us circle jerking

>> No.4835072

If BTC is currently not suitable for mainstream use and microtransactions, what is the point in continually flooding into it and pushing it up in anyway other than a soon to burst bubble?

Like I own BTC, but I'm wondering. If they can't get a consensus for a hard/soft fork to fix the issues with the block size because certain people apparently have a vested interest in these ridiculous transaction times and fee's wtf is the point in staying with BTC, why will it continue to go up and when is something going to come along to fix these issues?

Is there a reason to support BTC today if fixing these issues is the future? Is it people trying to get in before a fork? Is it people blowing a bubble out of an unsustainable illsuited crypto? This is all very hard to understand or make sense of, I feel like the heard is being irrational.

>> No.4835104

>>4835006

Coinbase is a legitimate website but that doesn't mean it can and has and will go offline under heavy traffic at the most inconvenient times.

>> No.4835110

>>4835006
>Legit

broad terms man. Some governments completely legalized it (Japan) others banned it completely (Vietnam). Some are neutral or have said nothing official yet.

Also I was an investor in the 90s dotcom bubble. I expect this one to crash at around 5 trillion market cap. It's around ~400 billion right now so we still have 1-2 years left before it all starts tumbling down. Remember to sell before that happens.

Also after the crash buy back immediately because Amazon got from $2 to $100 crashed back to $5 after the dotcom bubble. And it's at $1150 now.

Cryptocurrency will change humanity, but that doesn't mean we aren't in a bubble right now. Educate yourself and stay ahead of the market.

>> No.4835111

>>4834951
>should i wait for a dip before buying?

there were people that waited in 2013 for it to dip

>> No.4835133

>>4835072
its actually the easy to understand irrationality is also rational

its fomo+exchange accounting magic

>> No.4835147

So should I sell my 1 LTC and buy a little BTC?

>> No.4835172

>>4834141
NORMIE BLOOD IN THE STREETS

>> No.4835196

>>4835147

Only if it stabilizes at whatever price it's headed for right now. Note the charts. Currently at 13,600 and dropping fast.

>> No.4835208
File: 30 KB, 404x346, Screen Shot 2017-12-06 at 6.26.46 PM.png [View same] [iqdb] [saucenao] [google]
4835208

>>4835172

>> No.4835210

>>4835147
Do what you want. Holding BTC will give you more profit in the long run but you are kinda being naive by buying just after a big price jump.

Also the amount of obvious new people to /biz/ is worrying. Reminds me of that story about the stock broker hearing stock tips from his shoe shine and taxi drivers and determining that the market is overvalued.

>> No.4835213

>>4835196

make that 13,400

>> No.4835218

What the fuck just happened

>> No.4835226

>>4835072

honestly, just shut the fuck up

>> No.4835228

>>4835218
pink wojak's incoming

>> No.4835247

>>4835104
is there a limit to how many buys/sells you can do in a given amount of time on coinbase? also is bitcoin trading 24/7?

>> No.4835253

>>4835218
Likely people flipping to ETH

>> No.4835263

>>4835210
>Reminds me of that story about the stock broker hearing stock tips from his shoe shine and taxi drivers and determining that the market is overvalued.

Yessir. Variation of the buy the rumor sell the news saying. Buy when people are dismissive and skeptical, sell when people are excited and positive.

>> No.4835285

>>4835247

No and yes.

>> No.4835288

>>4835263
My normie friends are jumping in on it one just bought like 2k when Bitcoin was 11k I think he's hodling though

>> No.4835321

>>4835110
could be true, a normie shake out, they scare the fuck out of the normies and then the big guys come in, they use normies to leverage against /biz/ and chinese whales, i see it now, we buy after this correction and we pick sides, wallstreet or chinese, and then we make war on this board in memes, world war 3 is a meme war.

>> No.4835327

>>4835285
nice 8) you could probably make a lot of money from scalping bitcoin over and over rapidly

>> No.4835329

>tfw make a couple hundred bucks in 5 minutes
Can I keep doing this every day for the rest of my life please

>> No.4835344

>>4834765
Tax return season is when normies will push it +20k

>> No.4835351

>>4835329
unless you can see into the future, no.

>> No.4835372

>>4835321
>world war 3 is a meme war.
kek

>> No.4835383

>>4834851
That would be great. Maybe i could go back to 2009 and tell my past self to buy it

>> No.4835414

>>4835226
Well that doesn't help very much.
>>4835133
So what conclusion do your dubs lead us to?

>> No.4835439

The price of bit coins always goes up morans who would work 9 - 5 when we can get free money? I just bought another $10 package and will be laughing at all of you when I am a millionaire

>you were on the autism spectrum
>stay poor

>> No.4835469 [DELETED] 

>>4835414
expect random crashes when tether goes past a dollar

>> No.4835596

>>4834538
Underrated post

>> No.4835627

I own a construction business so I invest in tools and equipment that bring me more profit, but this bitcoin stuff has me concerned.
Lets say it does crash. Like it suddenly drops back down to $1 a bit coin. What real-world consequences should I expect? Are banks investing in this stuff? Would it tank major world economies?

>> No.4835653

>>4835627
>Would it tank major world economies?
North Korea and Al Qaeda would lose a major funding source

>> No.4835658

>>4835627
>Would it tank major world economies?

No btc is still very tiny, would not make even dow jones top 15

>> No.4835662

>>4835439
>The price of bit coins always goes up morans

Yeah, like in 2014, right?

>> No.4835680 [DELETED] 

>>4835627
>Lets say it does crash. Like it suddenly drops back down to $1 a bit coin.
none, expect stocks to rise from money fleeing btc actually

>> No.4835704

>>4835627
only $240 billion bitcoin even exists. Sure, thats a fucking lot of money but the US is like $13 trillion in debt. $240 billion shekels dissapearing overnight would piss off an awful lot of people but ultimately it wouldnt do much.

>> No.4835718

>>4835627
Major world economies and systems aren't tied enough to it imo. A lot of people from some weird countries will probably suffer because they're actually trying to use it as a currency but besides the exchanges and holders themselves I don't think there's very much integration just yet. Like the stock exchanges haven't migrated to the block chain etc, it hasn't caught on in retail like Afterpay sort of thing it's just not tied in enough just yet.

I mean if it goes down to a buck and the Chinese are like "we are rereasing a government crypto currency", that would probably have big effects on the economies than the current holders of BTC losing out their holdings in comparison to fiat exchange rates?

>> No.4835719
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4835719

>>4835263

I agree with this in principle, but unfortunately I just don't know if it'll apply with bitcoin.

Bitcoin doesn't have shareholders, quarterly reports, profit margins, etc. Bitcoin increase in value simply by having a larger network of people using it. The more currency it displaces the more value it has. Bitcoin is virtually guaranteed to displace huge amounts of financial transactions in the third world, oligarchs and dictators are going to use bitcoin to preserve their wealth (and before you say bitcoin isn't private, a dictator doesn't necessarily need to hide his wealth, just prevent other people from taking it from him, Gaddafi reportedly had 200BN USD of government money he had skimmed when he was deposed, he would have stayed in power a lot longer if the Libyan army couldn't just seize his assets), now finally couple that with stuff like charities and stores slowly starting to accept bitcoin etc.

It's weird but I almost feel like bitcoin is going to be the exact opposite, it's going to truly skyrocket when taxi drivers want bitcoin and are putting their savings into it.

>> No.4835800

wake up, 20k

>> No.4835801

>>4835662
Yeah but now it's at 13000 so if you HODLd and didn't panic sell you still got paid anyway

>> No.4835856

>>4835801
its at 14000 not 13000

>> No.4835943
File: 385 KB, 490x358, 1511398339930.png [View same] [iqdb] [saucenao] [google]
4835943

>>4835263
so, now's the time to buy link, r-right?

>> No.4835975

>>4835208
What website btw?

>> No.4836000
File: 140 KB, 850x896, __monika_doki_doki_literature_club_drawn_by_oz_kun__sample-56eac1824b7983de978ba79ce9e8ffe8.jpg [View same] [iqdb] [saucenao] [google]
4836000

>>4834141
Buying bitcoin for $4000!
Embedding monika.chr into the blockchain so every Bitcoin node has a copy of Monika!
Monika using her powers to make Bitcoin go over 14000 USD!
Going to the moon with Monika!

>> No.4836009

wait is buying bitcoin instant or do you have to wait like 3 business days to be able to get it and sell it?

>> No.4836018

>>4834856
>>4834964
kraken is DOGSHIT. slowest site on the internet and you have to refresh constantly to get anything to load.

>> No.4836033

>>4835975
dat gdax

>> No.4836040

>>4834141
I used to have 6btc, then i bought a bunch of alts, now i have 1btc
Fml

>> No.4836078

is btc futures doing to fuck btc in the ass? I want to buy by 15 ki is so much

>> No.4836098

>>4836009
instant

>> No.4836114
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4836114

>>4836000
Is this the next forced meme

>> No.4836153

>>4836078
No one knows.

>> No.4836165

>>4834141
Normies don't control tether and finex

>> No.4836227

>>4836098
is the 1.49% fee for every transaction?

>> No.4836274

>>4836040
same, had 8 btc, bought shitcoins, around 1.7 btc now. im fucking pissed

>> No.4836511

>>4836274
Overall I'm up in fiat but down 70% in BTC
The whole point of trading shitcoins was supposed to be to raise btc holdings

>> No.4836527

>>4836040
>>4836274
Thank god I didn't have as much invested as you guys.

I had .1 about two months ago, now I have about half that.

Still pissed off as fuck.

>> No.4836540

NOPE

>> No.4836598

>>4834141
My biscuits are buttered so fucking hard right now. Y'all don't even know.

>> No.4836791

>>4834856
virwox.pw lets you buy using pay pal

>> No.4836828

>>4834455
Checked and Kek'd

Praise Kek!!

>> No.4836837

How can I short shitcoins?

>> No.4836895
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4836895

>>4834504
>bought $2.5k worth of BTC at $10k as a ploy to severely reduce my cash on hand so I wouldn't be tempted to blow it gambling
>mfw I'm already up $1k
just a shame I didn't have more money to put into this, pretty much everything else is tied up in other investments and I have some major expenses coming up.

Oh well.

>> No.4836905
File: 25 KB, 555x555, 151244561652.jpg [View same] [iqdb] [saucenao] [google]
4836905

>Steam says it's no longer accepting bitcoin
>NiceHash confirms 52 million worth of BTC was """hacked"""

>FOURTEEN THOUSAND DOLLARS

>> No.4836954

>>4834141
>Bazinga! last week
>Bitcoin moons insanely
/biz/ was right

>> No.4837006

>>4836895
I put that much in bitcoin when that was the price few months ago

Feels good man

>> No.4837024

>>4835218
profit taking

>> No.4837051
File: 43 KB, 500x500, 1512336194220.jpg [View same] [iqdb] [saucenao] [google]
4837051

https://www.youtube.com/watch?v=prnvr8BULm8

>> No.4837063

>>4834141

Just went through my Kraken history

>sold 39.6 BTC at average fill of $4,250

FUCKING HELL

>> No.4837071

>>4837006
I'm sure, I was really not expecting this.

>> No.4837116

>bought one bitcoin at ath 5k
>felt like a moron
>one month later tripled

And yet normies still don't have any. This is really going to 100k isn't it?

>> No.4837121

>>4837063
How the fuck did you do that numnuts?

>> No.4837158

>>4837121

Started selling incrementally at 1400 because "shit ATH better sell before it crashes"

I mean it couldve gone a lot worse and I still made bank but it hurts thinking about what it couldve been if i just held longer. Oh well.

>> No.4837179

>>4834141
we're going to 20k before new years eve

>> No.4837195
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4837195

I have about $1,500 just to blow without any real skin off my nose once it's gone.

Can I expect any real returns from that or is it too low at this point to really mean anything?

>> No.4837198

>>4834856
>Is it safe
You are essentially playing Russian roulette with your money, and it is quite literally a ponzi scheme, the only way the value goes up is for other dumb retards to buy it, and once you run out of those the currency will crash.

>> No.4837220

>>4837116
yeah I bought one at ATH at $4k over the summer and sold at $4.7k 2 weeks later and forgot about bitcoin until I saw an article in the economist about it hitting $10k. Hindsight's a bitch, eh? At least I'm back in now.

>>4837179
Its certainly starting to look that way, but who knows. I'm definitely prepared for it to fall like a house of cards as well.

>> No.4837222

>>4837195
yes, sure anon. you will be rich very soon.

>> No.4837223

>>4837198
Fuck off jamie dimon

>> No.4837260

>>4837158
Oh I misread. I thought you meant you sold them at a price of $4250 instead of the $14k market price.

>> No.4837264

>>4834141
I HAVE A PENIS AND SOMETIMES WHEN I TOUCH IT IT FEELS GOOD OTHER TIMES IT MAKES PEE AND HI

>> No.4837522
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4837522

The trend is consistently accelerating to the point where it's going up almost in a 90 degree angle.
I can't believe this shit hasn't crashed yet, but I would not want to have any crypto this week. Absolutely not.

>> No.4837579
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4837579

>>4834361
I expect a dip in a bout a week. We'll dip from 18k to around 16k.

Buy now or get left behind. You only get so many chances.

>> No.4837614

>>4834361
6k was the dip

>> No.4837662

why do you dumb faggots think its going to crash all the time?
if you cash out, where are you going to put your money? in a bank? HAHAHAHAH

>> No.4837766

>>4834669
I'm scared to hold but more scared to sell so I'll hold

>> No.4837831

>>4834141
thinking people are normies cause they aren't aspy enough to value pure tech over adoption momentum.

>> No.4837865
File: 43 KB, 508x508, literally half my life savings.png [View same] [iqdb] [saucenao] [google]
4837865

>>4837522
>I can't believe this shit hasn't crashed yet, but I would not want to have any crypto this week. Absolutely not.
All my money is in crypto kitties. Am I safe? I have a really nice gold-eyed gen 2 jaguar. Dropped 6 ETH on this bad boy, it was a steal desu. Will it hold its value through the coming crypto storm?

>> No.4837943

>>4834966
the more undervalued alt's are. just cause you painted a racing stripe on your bicycle or it's slightly more aerodynamic doesn't mean people are gonna stop buying regular bicycles

>> No.4837963
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4837963

what if it just keeps going straight up?

>> No.4838030

i was telling everyone here 5 days ago that you naysayers are fucking morons. the herd is coming and you thought you SOLD HIGH.

get rekt you dumb money faggots. smart money is coming in to to relieve you of your bitcoins. don't be the idiot who sold btc when it was only worth $300b USD.

reality check - this is a technological revolution.

>> No.4838060
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4838060

>>4837865
u funny boy

>> No.4838097

>>4837963
Then I’ll be the guy who missed out on having 2.4 million dollars.

>> No.4838251
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4838251

>>4834361
13k will be pre-100k New Year dip

>> No.4838850

>>4838030
>reality check - this is a technological revolution.

But BTC is a piece of shit technologically

>> No.4838989

>>4838850
let's be honest, things like the ipod and phone were pieces of technology that revolutionized a lot of daily life. There were people saying apple is shit because some other company is already using better tech. The problem with that is you need to look at the adoption. People are never going to use something or invest in it if there are too many barriers.

>> No.4839068

>>4838989
people that say apple is shit and doesn't have the best tech forget apple has the working tech

just saying apple quest for tech has fallen but they still make far and away the most effective product

bitcoin qwerty doesn't matter it has brand and its the OG its digital gold forget the rest

>> No.4839785
File: 77 KB, 1605x892, early 2013.png [View same] [iqdb] [saucenao] [google]
4839785

if you want to know the future, look to the past

>> No.4840899

What's the best exchange out there?

>> No.4840943

>>4838060
Okay yeah it's not half my life savings but I legitimately did buy that very cat for 6 ETH two days ago and it was 100% worth it.
Or, more accurately, I guess you could say it was 700% worth it.

>> No.4841151

>>4837198
The only non-delusional reply here.

>> No.4841287

>>4834451
THE FOMO Will lead the hoards of normies to ALTS. Don't worry. HODL.

Buy HTML5 coin. It's all about shil names normies can understand and relate to.

>> No.4841328

what will it correct down to lads

>> No.4841347
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4841347

>>4835321
I can't wait

>> No.4841490

>>4841328
We'll most likely see sub $10k again.

>> No.4841498

>>4837195
BCH is the real bitcoin and it's on a dip and you can buy a full one

>> No.4841776

>>4834141
Bazingoids. Not normies. They are Bazingoids.

>> No.4841805

>>4841498
What's a BCH?

>> No.4841834

>>4837198
The US economy is a ponzi scheme and it's still going strong after all these decades.

>> No.4841878

>>4834747
It will be a quintilian in our lifetimes! I can't wait to buy the entire Earth with my $100 investment. I studied the graphs!

>> No.4841890

>>4834141
any btc shows up and ill cut my nipple off 1NrNhSEQtXiYhZui3yFuQ2MEq5cxWT5d78

>> No.4842060

>>4838850
Delusional. Sell it for eth then lol.

>> No.4842083
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4842083

>>4841834
>The US economy is a ponzi scheme

Good one, sport. Now go do your homework.

>> No.4842086

>>4841805
Bitcoin Cash.

>> No.4842115

>>4834587
bull shit

>> No.4842191

>>4834451
If it's not on normiebase they don't know about it.

>> No.4842452

>>4840899
mtgox
oh wait its bitfinex now

>> No.4842474
File: 627 KB, 2880x2475, cake head.jpg [View same] [iqdb] [saucenao] [google]
4842474

and its pumping again

>> No.4842482

>>4834714
I don't remember constant media attention and normies buying it back then. What's going to make the price increase from now on? All the normies I know have already bought bitcoin, who else is left to pump money into this bubble?

>> No.4842495

>>4836511
It was until btc hit 2k

>> No.4842532

>>4837522
>The trend is consistently accelerating to the point where it's going up almost in a 90 degree angle.


That happens with every speculative bubble. I can see it maybe hitting 20k but it's definitely going to be under 500 by February.

>> No.4842535

That's fucking it.

I didn't buy at $9K waiting for the dip
I didn't buy at $11k waiting for the dip
I didn't buy at $12k waiting for the dip
I didn't buy at $13k yesterday waiting for the dip

I'M FUCKING BUYING TODAY

>> No.4842556

>>4842482
people get paid and buy more?

>> No.4842607
File: 52 KB, 853x480, anime thumb.jpg [View same] [iqdb] [saucenao] [google]
4842607

>>4842535
good for you

there were multiple dips though lol

>> No.4842646

>>4842535
lol

>> No.4842653

>the average /biz/ user in 2017 tries to describe markets in terms of "normies"

embarrassed to share a board with you all

>> No.4843229
File: 194 KB, 597x638, NK9HtDi.png [View same] [iqdb] [saucenao] [google]
4843229

>>4842535
There were a good amount of dips, but don't wait for them, that's retard level shit.

>> No.4843783

15k incoming

>> No.4843885

>>4843783
Jesus Murphy

>> No.4844208

Can someone please send me 20$ in ETH?
I hate begging but I have no option left my funds are stuck on ED fucking cats man

I can do TA or someshit for you but I need to get this shit out

0x7555581f037f19e76a966f58dc6bd79a4df016e3

>> No.4844284

>>4842482
The normie influx has only just begun. My zuckbook feed is filled with more and more bitcoin memes and even my parents have talked about it. Ride that normie wave boys we're going to 20k by christmas