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/biz/ - Business & Finance


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4868369 No.4868369 [Reply] [Original]

Okay, listen up faggots.

No, futures aren't going to crash the price, they allow people to bet both for AND against bitcoin without having a stake. If anything the price will rise due to investors hedging their short bets or doubling down on their longs.

The CME futures are going to stablize the price somewhat (as there will be market pressure for stability, with people betting for and against) and legitimize BTC as an asset class.

Scarcity will keep the price on this meteoric rise now the normies have started reeing.

Fuck your tulip bulbs. Bitcoin has a legitimate utilitarian function as a store of value that can be sent to anyone in the world near instantaneously.

"AHH BUT MAH NETWORKFEEZ!!"
Lightning network you stupid nigger.

Get ready to meet the moon man.

>> No.4868544

>>4868369
So its going to stabilize but also keep rising exponentially? Which one is it?

>> No.4868587

>>4868544
the exponentialality will stabilize. It will NEVER dip again, straight to 1 million

>> No.4868619

>>4868369
>Lightning network you stupid nigger.
K so remind me how I move my bitcoin to the lightning network

>> No.4868651

>>4868587
>the exponentialality will stabilize
This makes no sense

>> No.4868660

>>4868587
Exponentially stabilize
Will rise exponentially
Which one?

>> No.4868669

>>4868619
Videos on YouTube of LN working on mainnet already. And it's fucking fast.

>> No.4868686

>>4868369
neck yourself leddit nigger

>> No.4868698

r/bitcoin cuck gtfo

>> No.4868724

>>4868698
The best part of a crash to zero would be watching r/bitcoin ride it to the ground.

>> No.4868727

>>4868619

>Fly a kite during a storm

Congratz, you're part of the lightning network nigga

>> No.4868771

>>4868727
You need to attach a physical bitcoin to the string too retard.