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/biz/ - Business & Finance

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5395364 No.5395364 [Reply] [Original]

we're in a bulltrap right?
we are going to go down to 7k right?
i didn't sell all my coins for nothing, right?

>> No.5395673

not a bull trap, just recovering on our way to 25k

>> No.5395712

>>5395673
If more tethers get printed we'll hit 25k and then crash to 10k again. Screencap this.

Otherwise another dip to 13 and slow rebound. Maybe 20k in January.

>> No.5396015

>>5395364
we are, the bull"trap" isnt called bulltrap because it sounds funny

>> No.5396090

>>5396015
please comfort me more with things i want to hear

>> No.5396349

>>5396090
ive got all my money in tether aswell. Most people on this board, in crypto, are retarded. 70% of the population is low educated and they sure as hell will try to get free money. They are emotionally attached to their money and because of that they think that bitcoin will never die. the exact same happened in the dotcombubble but everybody ridiculed those who put their money away at the top. Hold fiat the next 2 days and scoop everything up cheap while the rest slice their throats causing blood to flow in the streets. And that sir is when you buy.

>> No.5396763
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5396763

>>5396349
thank you brother you weakened the fomo within me

>> No.5396892

>>5396763
Just letting you know, when i called it, that the bubble will pop when it was 19k, people didnt believe me. I started doubting myself even though i had solid evidence it would. Dont always listen to people, especially when they dont have solid ground to stand on.

>> No.5396930

>>5396892
t.anonymous

>> No.5396955

>>5396892
desu im pretty new to this so i dont have a lot of ground to stand on myself but all things considered this seems like the right thing to do...

>> No.5396970

>>5396349
You will be left behind.

The fork is in 4 days. We are headed for 23k. There will be no further dip. Only consolidating before the next big push.

Enjoy FOMO'ing back in @ 18k

>> No.5397096
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5397096

>>5395364
No. No. No, you sold it for usd unless you set price at 0.

>> No.5397140

>>5395712
You do realize that tethers have to be created in order to stay valued with dollars that are being introduced into the market right?

>> No.5397141

>>5396955
>>5396930
>>5396970
A simple look at the dotcombubble chart and some research in TA does wonders. Basically all the people that wanted to go in bitcoin are already in bitcoin. That means no new money will be flowing into btc. Lately a lot of new people joined the market with money they cannot afford to lose. If btc crashes panic will occur. Also bitcoin fees of 50$+ is insane, especially if there are way cheaper and faster methods on the market. This coin is so overvalued that if it would be released on the market right now everybody would think this is a scamcoin. Nothing, and i mean literally nothing justified its current price. Keep holding if you want to lose 50%+ of your portofolio, or sell for fiat/usdt if you want to get things real cheap.

>> No.5397197

>>5397141
how low do you think btc will go exactly

>> No.5397282

>>5397141
>A simple look at the dotcombubble chart and some research in TA does wonders

t. Nocoiners

When will they learn?

>> No.5397360
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5397360

>>5396349
>>5396763
u find that pepe on facebook? geez
>>5396892
>>5397141
hahahahahaha babbies first correction "muh TA" "muh dot com" you guys don't really get it. also who is still holding btc? ETH + Alts
>>5397282
literally never. when I pass them in my lambo maybe

>> No.5397387

>>5397197
8.5k atleast, if it breaches that support line, which it likely will, it will reach 5.5k-3k.
>>5397282
Not a no-coiner, been in the market for 6 months, i know how things roll, and a know that a majority invests on gut. Let me tell you, your gutfeeling will give you the urge to sell when btc hits 10k.

>> No.5397426

>>5397360
First correction? Where you there with the chinaban? That was one hell of a correction which caused a bearmarket for 2 whole weeks, i saw my portofolio lose 40% for 2 whole weeks and kept on holding. Keep downloading your pink wojaks, you will need them.

>> No.5397494

>>5397387
...6 months you've barely seen this thing get off the ground anon. Nobody invests in gut unless they retarded and like losing money anon. It's about math + smart investment. Read whitepapers + do research.
>>5397426
Chinaban was nothing dude I held that whole time and lost more than 40%. Plus everyone knew China ALWAYS BANS SHIT THEN REPEALS REGULATIONS for their own profit. So I bought more alts and made more $. 40% isn't even bad.

>> No.5397643

>>5397494
if you lost more than 40% then you invested in shitcoins. If you read whitepapers and did research you would have lost 40% max. The last 6 months were the most volatile parts of the market. In those markets you sure as hell need to learn fast. Aka you can live in a rich area and still say i lived there longer than you in the ghetto so i know more on how to survive.

>> No.5397929
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5397929

>>5397643
yes I did I'll be totally honest, alt run leading up to that was too juicy. except for eth that is not a shitcoin. But I'm up 200%+ on those buys now and I never sold (eating 60% losses for months) because I knew that shit would go back up (china + korea just wanted to accumulate) so you're saying you know more because the market was extra scary? I've been in this for long long time. Mtgox exitscam and shit. That was more scary. It's ok anon you too have seen some shit in your time but trust me when I say nobody knows where this is going in 2 weeks, I don't and neither do you. Could be $0. Could be $100k. Don't throw out TA memes. This the wild west we're cowboys now and the scenery is nice but don't lie any second natives could come out and scalp us. But with ETH + Alts your horse will be really fast.

>> No.5398133

>>5397387
everyone, please. Look at this retard and fucking laugh.

I feel like I was late to the game and I bought 3.6 BTC for $800.

>> No.5398138

>>5397929
The thing about patterns is that they repeat themselves, just like history. The only thing we can learn from history is that we dont commit the same mistakes. My grandpa was a broker and heavily invested during the dotcombubble. He made the same mistake that many of us are making now. He bought back when the bull trap formed. Im pretty sure he learned from it because he lost 1+ million on that call. You can be the most advanced trader, but if you get sloppy and get too attached to your money, you are bound to make mistakes. ETH+ alts are the best call. I agree. That why i sold into usdt and waiting for the crash so i can get them way cheaper than they are now.

>> No.5398216

>>5398133
>>5397929
ere are his four signs of a financial market bubble:

(1) Everyone around you is talking about stocks (or real estate or whatever the fad asset of the day is). And you should really start worrying when the people talking about getting rich in certain areas of the market don’t have a background in finance.

(2) When people begin quitting their jobs to day trade or become a mortgage broker.

(3) When someone exhibits skepticism about the prospects for stocks and people don’t just disagree with them, but they do so vehemently and tell them they’re an idiot for not understanding things.

(4) When you start to see extreme predictions. The example Bernstein gives is how the best-selling investment book in 1999 was Dow 36,000.

>> No.5398240

>>5398138


or just sell out again? Enjoy missing out on easy gains before the fall again

>> No.5398280

>>5398138
This scenario implies that BTC never ever recovers from this fork, that it's considered as useless. Alts being indexed on BTC, I don't see it as very likely.

>> No.5398318
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5398318

You sold all your coins for nothing you weak handed blood clot.

>> No.5398328

>>5398216
Have observed all 4 I'm the form of my alt image boards and the die-hard resistance to people selling

>> No.5398361

>>5398216
>1. I think the advent of social media is exacerbating what you perceive as "everyone talking about it". Its something that previously flew under the radar and people are surprised.
>2. I havent seen a single person quit their day jobs to trade shitcoins, normies have been here for only a month faggot
>3. people can be defensive of their own shit
>4. half of those predictions are autism honestly. No one has ever said "DOW will be X or I will consume my balls"


basically you are an idiot for not understanding things.

>> No.5398375

>>5398280
its not about the fork?

>> No.5398433

>>5398375
The BTC drop yesterday was definitely about the fork and it's going to happen again because accumulation

>> No.5398436

>>5398361
>4. half of those predictions are autism honestly. No one has ever said "DOW will be X or I will consume my balls"

ahh that time the Mcafee said that he would eat his own dick if bitcoin doesnt reach 1 million in 2019?

>> No.5398479

>>5398433
it really wasnt, it was about the BCH and coinbase scandal. How thickheaded are you?

>> No.5398511

>>5398216
((((Bernstein))))
Disregarded everything else in this post

>> No.5398564

>>5398436
yes, can you honestly take that as a serious indicator? I dont own any BTC anymore. I dont want to be apart of normie speculation.

>> No.5398627

>>5398479
Youse a dumbass but you're gonna be rich as everything is going to drop horribly before 28th because accumulation

>> No.5398669

>>5395364
well, i think they proved my point.

>> No.5398670

>>5398627
when would be the right time to short? today or in a couple more days

>> No.5398696

>>5398670
when the double top in the bulltrap has formed, so in like 1-2 days.

>> No.5398717

>>5395364
yes anon you did well. The pink wojaks will be a true christmas miracle

>> No.5398739

>>5398669
post your short position faggot.

>> No.5398768

>>5396970
Nobody gives a shit about that shitty fork.
redpill me on why anybody would care. As far as I know noone who matters is involved with it.

>> No.5398789
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5398789

>>5398511
This goy knows. /bread

>> No.5398810

>>5398479
>scandal
this is what normies actually believe
>>5398669
>>5398696
anon you don't know any more than the rest of us please stop larping and shitting up the board thanks

>> No.5398817

>>5398739
to lazy to research shorting, got all my money on bittrex. But shorting right now would be stupid because there's no double top yet.

>> No.5398854

>>5398817
I am glad to see you have no educational background in finance & financial instruments.

>this is whose giving advice on /biz/

>> No.5398890

>>5398739
Show us your x100 long

>> No.5398900

>>5397141
Newfriends listen to this post. Cash out now or get your pink wojaks ready.

t. started 2013. this is my third bubble

>> No.5398906

>>5398890
I have no BTC ;)

>> No.5398926
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5398926

>>5398817
>to lazy to research shorting
oh my god anon please stop posting I'm half retarded and I understand shorting
>>5398854
this wow

>> No.5398965

>>5398768
You get free B2X for the BTC you own at the time

>> No.5398969

>>5398906
im pretty sure you dont have to have BTC to long or short it, just a moneydeposit.

>> No.5398996

>>5398965
B2X was a big deal in october/november, now the hype died off, this didnt cause the pop.

>> No.5399004

>>5398969
brainlet
r
a
i
n
l
e
t

>> No.5399023

>>5398216
>>5398138
>>5397643
>>5397426
>>5397387
>>5397141
>>5396892
>>5396349
>>5396015
Holy shit /biz/ is legitimately retarded. Theres this one guy telling you all the absolute truth and what says /biz/?

HURRRR HODL LOL TOO THE MOON 100K ON MONDAY LOOL TAKE A LOAD OF THIS NEWB

Dear U6bVQKu9, I will laugh with you soon when all these faggots loose 90% of their gains. They dont deserver reasonable advice

I saw these exact same newbs getting justed in 2013.

>> No.5399059

>>5399023
this guy has been in crypto for 6 months. I'll listen to my grandma's dog first.

>> No.5399070

>>5399023
appreciated, thanks! Be sure to make a screenshot of this thread.

>> No.5399090

>>5399023
Sell if you can guys or move to alts. Alts will crash too, but they can recover unlike BTC. I panic bought the dip at 12k, and am waiting for cuckbase to give me my coins, but I will be moving to alts personally.

>> No.5399103

>>5399059
Doesnt matter hes right.

>> No.5399105

>>5399023
someone said short in 1-2days, what do you say sensei? tonight? i have very bad feelings. been here for 6 months

>> No.5399125

>he thought buy high sell low was only a meme

welcome to biz

>> No.5399129

>>5399059
Listen time spend doesnt equal being better at things. If a friend of yours played a game for several years and is a certain rank, while you play the game for one year and you are a few ranks above him. Can he say with a reason beyond doubt that hes better than you because hes been playing the game longer?

>> No.5399155

>>5399090
usdt would be smarter, because when alts are ATL you can buy in again without losing your value

>> No.5399158

>>5399129
I dont play video games and my friends arent faggots I dont know.

>> No.5399166

>>5399023
I have $300 worth of BTC on coinbase, will be like $250 after I send it to binance, should I really send it and convert it to tether?

>> No.5399169

>>5399023
anon...you're listening to a guy that's been in for six months and doesn't know what a short is
>>5399059
same this board has gotten extra retarded with normie invasion last few weeks, I need to leave for a bit

This being said go ahead and sell. I'll buy all of your bags then sell them back to you in a month except for BTC because fuck that.

>> No.5399189

>>5399105
I dont know exact timeframe but Its coming. I think any time in the next 1-4 days or longer things to start going down but once it starts it will be fast.
If its stable or up for 2-3 weeks I will consider myself wrong

>> No.5399195

>>5399158
>my friends arent faggots
All friends are faggots given the opportunity.
We compete we our peers.

>> No.5399199

>>5396349
Why 2 days?

>> No.5399202
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5399202

>>5399158

>> No.5399211

>>5399166
Use LTC

>> No.5399215

>>5399158
Are you really that retarded or have you never had a discussion with someone? Its called a figure of speech to point out your falacy.

>> No.5399245

>>5399155
I think that is a good idea. I'm going to HODL my alts (cuz I'm a low test HODLer), but convert what bitcoin I have left to tether.

>> No.5399247

>>5399166
if you follow my opinion, yes.

>> No.5399248

>>5399166
Isn’t the gdax workaround still better then sending from coinbase?

>> No.5399257
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5399257

Anyone else starting to get that Fear of Missing Out?

>> No.5399282

>>5399199
2days > because in about 2 days, maybe a bit less, maybe a bit more, everything will come down.

>> No.5399283

>>5399215
you made an analogy dumb fuck. a shit one. Yes people who have done something longer are going to be better at it. Yes there are anomaly "wiz kids". They rarely actually work out. There a reason why you interview for an associate position out of college and do not just take a seat behind the CEO's desk.

>> No.5399312

>>5399282
What's special about Christmas?

>> No.5399338

>>5399282
anon you have to stop larping. you have made it quite evident that you have only a cursory knowledge of this. I will screencap this and repost it in exactly 48hrs with the caption
>>retarded larping anon was retarded all along who else is laughing

>> No.5399344

>>5399189
ive never seen this much green ever. my retard friends, 40/50yo+ family members are now talking about and investing into crypto. utter shit coins/tokens with nothing but hype backing it are rising too fast. john mcaffee..., btc tech becoming obsolete, no development. btc vs bch war.

in the 6 months i was here i never even thought once about shorting. however now... im betting 90% things will crash and the big holders will gain more share. I might be wrong though after all im an uneducated fuck.

Nothing retains upwards trend for years, there is always a setback.

>> No.5399354

>>5399169
Im not listening to him I came to the same conclusions. Ive been holding for years never sold a single coin of anything and have just been waiting for the pop.
Everything Ive been watching out for for the big pop is now here.

also this wont recover fast. Last time we had the gox desaster to keep us down for a long time. This time we have the bcash drama and BTC being unusable die to congestion and fees.

This is not a "just hodl and be up in 2 weeks"-situation.

>> No.5399372

>>5398138

If I give you my email will you stay in touch? I need a mentor.

>> No.5399385

>>5399372
jesus fuck

>> No.5399388

Shorting is retarded. Shorting now is especially retarded. That'd doesn't mean we're not due for a recession. 95% of you are poorfags who chase the market for small gains that inevitably get wiped out when the crash happens and think short is a magic word that makes the bears go away.

>> No.5399442

>>5398138
except btc is the "internet" in the dotcom bubble, and the bubble is alts u idiot.

>> No.5399494

>>5399385
this thread needs to be nuked it's far too retarded, reddit facebook boomer levels through the roof. I'm out.

>> No.5399517

>>5399283
Sorry, english is not my first language. But what you are trying to say is that the chance of encountering a "wiz kid" is so low you throw the idea of someone else being right, right out of the window? Your call, I'm done discussing with you, get your pink wojaks ready, id love to see them in a couple of days.

>> No.5399644

>>5399442
no blockchain is the internet in the dotcom bubble, alts can be separate bubbles, but if you were there during the btc bull run to 19k, you know alts were bleeding, alts can be bubbles, most of them arent. "idiot"

>> No.5399681

>>5399372
for what to be exactly

>> No.5399831

>>5399681

dunno, general talk with someone who understands this vs the shitshow that's this board, young lad here.

>>5399385
>>5399494
go

>> No.5399836

>>5399442
holy FUCK YOU ARE RETARDED. What is it with this board recently, used to brainlets but my god...

>> No.5399867

>>5399442
Blockchain is the next internet and bitcoin is currently in a speculative bubble you Downie

>> No.5399928

>>5399831
Listen, im by no means an expert on this subject or other subjects, i do however have decent knowledge about things, especially if i put in it. If you still want to email me about something ill make an email address, just let me know.

>> No.5399931

What fork?, im i getting more free shitcoins?

>> No.5399934

>>5399867
blockchain sucks donkey dick in all honesty
how many of you run a full client? i gave up years ago.

>> No.5399940

>>5397140
When was the last time Tethers were "unprinted" or burned?

>> No.5399959

>>5399867
i already made it clear to him :D
>>5399644

>> No.5400010

>>5399934
You are unironically the most retarded person I've seen on this board and that's saying something. Hurr durr dial-up sucks the internet is shit lol

>> No.5400034

This is it boys, its go time!

>> No.5400121

>>5399928
Ah forget about it, thanks for this thread.

>> No.5400193

>>5400121
no worries, take care!

>> No.5400216

>>5399344
Where can one even short crypto?

>> No.5400302

>>5400010
the internet got faster and faster the blockchain is just getting bloated and more bloated every second. took up 100 gigs on my drive when i deleted the whole shit. and we did not even got started yet according to bitcoin gurus. it's just the baby is already a godzilla.

>> No.5400314

>>5400216
https://www.investopedia.com/news/short-bitcoin/

>> No.5400339

>>5400302
Youre not meant to run a full node

>> No.5400362

>>5400302
thing is about blockchains, same as with the internet, they can be upgraded and optimalized

>> No.5400373

>>5400216
Are you fucking kidding me? Fucking google it. Jesus. You make it sound like no one does it. Crypto isn’t just about gambling in meme coins based on tweets you fucking nufag.

>> No.5400396

>>5400362
it's time we saw some improvements but so far pruning blockchains is mostly just a dream.

>> No.5400431

>>5400339
now who is the retarded? what makes it a trustless payment system if you centralize the mining and the ledger keeping?

it's all gone to shits already.

>> No.5400432

>>5399023
I said similar things and got ridiculed pretty hard here. They don't want to listen at all. Any opinion that is not positive is a FUD to them.

>> No.5400449

>>5399090
Its almost like you want to be audited.

>> No.5400468

>>5400396
its mostly because everybody is still believing in btc. There are far better options available on the market, far better.

>> No.5400471

>>5400373
ok anon. You see what's happening in this thread? This is why we need to shill our alts harder. Huge newfag influx = people with no idea looking to buy. We got opportunity here...unique opportunity to capture hearts and minds (and wallets)

>> No.5400509

>>5400432
its fine let them be, if everybody would listen there wouldnt be any pink wojaks in a few days.

>> No.5400560

>>5400509
This. I don't know why I try to help people on this board. It's way funnier seeing the wojaks flood in because they didn't listen.

>> No.5400573

>>5399023
>trusting a retard that thinks lose is spelled loose

>> No.5400601

>>5400560
whats safer usdt or local currency (usd/eur on coinbase) :d

>> No.5400675

>>5400601
if you already have it in local currency leave it in local, if its cheaper to move it into tether do it, but if its cheaper to leave it in your local currency that would be better. Local currency would be way more trustworthy than tether tho

>> No.5400845

>>5398817
>to lazy to research shorting
lolwut
why the fuck am i reading your posts then? jesus christ

>> No.5400867

>>5400468
i'm currently subscribing to the idea (with reservations) that the blockchain was just the first baby steps in distributed consensus ledgers and not the final solution. altho i have to say some of the things they say about hashgraph sounds like snake oil and foggy marketing bs. on the other hand the blockchain and the proof of work mining will not scale well for real applications as it was intended. it's pretty clearcut as it is.

>> No.5400888

>>5400675
..a...anon please stop larping.
>>5400845
dude he won't stop larping idk what to say. he has cursory 6month knowledge and is talking like he is finance crypto god
>the absolute state of /biz/

>> No.5401018

>>5400845
I really dont care how to short because im not interested in it. I dont really care about money, im mostly doing this for fun.

>> No.5401053

>>5400888
Sorry anon, im just stating my opinion. If you perceive me as talking like a crypto god you are dead wrong.

>> No.5401116

>>5401053
Should I trust gdax with my fiat in the light of the recent coinbase shitstorm?

>> No.5401155

>>5401053
>>5401116
To clarify, I'm thinking about selling my shit off, and keeping my fiat at gdax, to see where this whole thing goes.

>> No.5401204

>>5401116
might wanna look out, when coinbase shuts down(if) gdax, as a sistercompany might get dragged with it. Not really informed about the state of gdax in connection with coinbase though, so take my opinion with a grain of salt.

>> No.5401254

>>5401204
So should I move to tether instead?

>> No.5401307

>>5401254
if you keep your local currency of the exchange it should be fine, but if your concern is with gdax as a whole, buying and storing tether on gdax would be a problem aswell.

>> No.5401374

Coins will disassociate from BTC sooner or later.

But what really makes me afraid is how retards like mcafee can pump shitcoins with such ease and in such little times and morons buy them. Maybe there really is tok much stupid money in crypto and it will crash soon.
But what do i know i spent my money on XRP I'm just as bad lel

>> No.5401445

>>5401307
Thanks, I share the same concerns about gdax as you. I think you can move and store tether in wallets, I'll look into that.

I'm feeling shitty about selling off my portfolio (especially QTUM), but I'm just too afraid of losing my meager gains at this point.

>> No.5401498

>>5401445
gl

>> No.5401523

>>5395364

>he fell for the bear trap
>AGAIN

Newcoiners when will they learn

>> No.5401554

>>5395673
This.

I am surprised we floored so soon though. I was expecting an 8k floor.

We will continue to rise until the banks stop buying dips.

>> No.5401570

>>5395364
just as a heads up to most of you clowns

the "speculators" that entered the market most likely cashed out, the ones that drove it up to over 5k+ and then 10k+ and when it reached 16k+ they started preparing to dump and today you see what happened when enough enter the market and wait for a good exit point.

>> No.5401591

If this isn't a bull trap perpetuated by super whales before they leave us holding the bag, then crypto is a lot more stable than I originally gave it credit for.

>> No.5401633

>>5401554
yeah this correction was "over" really damn quick. One day and it's all done. I can't really believe this has been it

>> No.5401640

>>5399257
Grow a spine and wait

>> No.5401642

>>5396349
Tethering during a slight dip is the indication of a casual that is afraid to lose their money.

You only do it once. Then BTC rises 2x and you'll never do it again.

>> No.5401684

>>5401570
Yup. Im in cash nibbas gonna have a spending spree after the crash

>> No.5401689
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5401689

actually OP, my professional algo claims the bulltrap is done and we are going up

>> No.5401706

>>5401591
>hope phase

>> No.5401719

>>5401633
When we went to 3k it was nearly a weeklong event. If it's over then it says a lot about the community perception of btc recently.

>> No.5401734
File: 15 KB, 644x776, 1514048286546.png [View same] [iqdb] [saucenao] [google]
5401734

>>5396015
>>5396349
>>5396892
>>5397141
>>5397387
>>5397426
>>5397643
You sound clever senpai, any coin you would see getting big in the years to come by chance?

>> No.5401757

>>5401445
>>5401254
why is there talks about coinbase shutting down??? is this really a possibility?

>> No.5401765

>>5401642
didnt do it during chinaban, im only doing it now because of certain it will crash. Btw moving into tether before a "dip" of 30% is an indication of being afraid to lose money, or is it an indication of that i saw it coming and try to preserve the money that i have so i can increase my stack?

>> No.5401803

>>5401757
No explicit news, just lots of angry customers and alleged liquidity issues + the whole BCH fiasco pretty much ruined their rep forever. People are afraid of a second Mt. Gox happening.

>> No.5401835

>>5401734
OMG is a solid call in my opinion, but you should do research yourself. After the dotcom crash, all the shit companies died off, while the strong and fundamental ones, like microsoft, amazon, dell, apple etc. survived.

>> No.5401857

>>5401757
it's always a possibility that bitcoin exchanges get "hacked" near aths

>> No.5402477
File: 17 KB, 300x281, 1513972973681.jpg [View same] [iqdb] [saucenao] [google]
5402477

>>5401835
Thx famalam, just wanted your opinion, I'll dmor of course.

>> No.5402892

>>5401018
Dont care about money?
You almost had me anon..

>> No.5403054

>>5402892
i dont really care about it, i dont get attached to it like some of you. I see it like a game, and how higher the stakes how more fun it becomes. Also being attached to it makes you perform irrational in certain aspects.

>> No.5403218

>>5401765
You can read the dip wrong.

A lot of people were tethering below 10k after china fud expecting it to go lower, then it didn't.

>> No.5403273

>>5403218
chinaban was when bitcoin reached about 4.5k$, not at 10k

>> No.5403292

Even if we are, why dint you rebuy at 10000?! obvious rebound was obivous

>> No.5403308

>>5403218
chinaban was the first-selloff/beartrap. i can read the dip wrong, but im pretty certain im reading it right.

>> No.5403359

>>5403292
yeah i knew it was about to happen, but i was lazy, and doubted myself because so many people said that i was wrong. Now i know better.

>> No.5403365

>>5403054
There is a big difference between being attached to money and wanting to make money.
Btw im thinking about selling in case of a dip because i want to make more money

>> No.5403370

who else thinks it will go to $18k before plummeting under $10k?

>> No.5403391

>>5403359
Which is why the drop wont happen again anytime soon. This market fucks with people expecting a second chance.

>> No.5403411

>>5403370
Only retards. Like you.

>> No.5403431

>>5403365
Playing with more money=higher stakes.

>> No.5403436

>>5403411
we will see soon enough

>> No.5403456
File: 214 KB, 900x1051, 1430085787401.png [View same] [iqdb] [saucenao] [google]
5403456

>>5396349
>ive got all my money in tether aswell.
>Most people on this board, in crypto, are retarded.

Oh, the ironing.

>> No.5403486

>>5403431
higher stakes=more money

>> No.5403506

>>5403391
Wait a few days, the thing is that people want a second chance by making a lot of money on btc. They think they are getting it now, but guess what, bulltrap. As you said, the market fcks with people that are waiting for a second chance.

>> No.5403565

>>5403456
Not saying that tether would be the wisest and best decision, that would be fiat. But now to cash out in fiat, with the transactionfee/time would be unwise, especially when you need to time the market.

>> No.5403684

>>5403506
points for using his own words against him

>> No.5403799

>>5403506
In a few hours there will be a massive dip. Likely around 8 PM.

>> No.5403867

>>5403799
What are you basing this on, other than FUD?

>> No.5403934

>added 10 coins I believe in last week in delta
>look today, up 40%
>20-60% up across the board
>except the one coin I actually own is -2%
JUST

>> No.5403960

>>5403867
The previous few days' trends, plus the fact that we are actually in a bull trap. It's been barely any time since the major drops and people are already thinking that these rises have gone on long enough to not constitute a bull trap. A bull trap can take longer than this to trigger. People need to be more wary.

>> No.5403973

>>5403867
Entirely on the fact that the downtrend hasnt actually reversed yet on a larger scale yet

>> No.5404001
File: 277 KB, 469x452, 1503685506959.png [View same] [iqdb] [saucenao] [google]
5404001

>>5403960

No because it will all recover in the long run.

>> No.5404064

>>5403960
>>5403973
What would be reasonable evidence to suggest that we're out of the downtrend and pushing up again? Another test at 11k and then back up?

>> No.5404154

>>5404064
if it would break 17k on 25th of december or break 17.5k right as this moment.

>> No.5404201
File: 2 KB, 515x46, capture.png [View same] [iqdb] [saucenao] [google]
5404201

WTF is going on?

>> No.5404260

>>5404201
https://www.tradingview.com/chart/?symbol=BITSTAMP:BTCUSD

too much low volume on that exchange.

>> No.5404270

>>5404201
>one minute charts
Are you retart

>> No.5404275
File: 794 KB, 2400x1350, 007fdeaa580475ddd109f3dc7f0e9be4.jpg [View same] [iqdb] [saucenao] [google]
5404275

zero sum game like all markets. somebody pays for winners.

>> No.5404372

>>5404270
>Are you retart
No, I'm not a dessert.

>> No.5404400

>>5404201
cuckrun

>> No.5404404

>>5404275
yeah but usually a few winners gain a lot from a lot of losers.

>> No.5404462

>>5404275
The fiat marines are the losers, which is sad seeing as they arent even aware of the war

>> No.5404568

>>5404462
truth is cigarettes fuel and ammo are the only universal currency in times of crisis. you can wipe your ass with your bitcoins even in a natural disaster. even precious metals will only get exchanged at extortionate discount. food and water are okay but hard to move. fucking tobacco tho that's cash when cash runs out.

>> No.5404787

This is the dividends part of the tether laundering scam- normies and hodlers pumping the market back up so that the tongs can sell at a stable rate.

>> No.5404798

aaand suddenly btc drops

>> No.5404902

>>5404787
this tether thing is pure insanity wtf?

>> No.5405445
File: 204 KB, 700x1000, 66336232_p0.png [View same] [iqdb] [saucenao] [google]
5405445

Dip or the another crash? You decide.

>> No.5405453

>>5398817
damn I thought you knew what you were talking about up until this

what an asshole

>> No.5405459

Honestly I think this is a bull trap too, I'm staying out - I lost like 6k in the drop the other day.

>> No.5405560

>>5405453
well, your call. Its not my duty to make your decisions. I know what im talking about and clearly i made sense to you. Hell i can just google how to short and i'd be able to short. I just have no interest in it. About my advice, take it or leave it.

>> No.5405641

this looks like an other slaughter jesus it drops faster than plutonium

>> No.5405697

>>5398817

>this whole thread
>ultra kek

>> No.5405730
File: 10 KB, 300x168, download (1).jpg [View same] [iqdb] [saucenao] [google]
5405730

I PUT ALL MY MEMES INTO PINK WOJACKS WHEN IT HIT 11K AND NOW IT'S GOING BACK UP AGAIN.

>> No.5405753
File: 64 KB, 772x501, 1503684888099.jpg [View same] [iqdb] [saucenao] [google]
5405753

>>5395364
I NEED THIS DIP ASAP

>> No.5405790

>>5405453
Take Ben Shapiro, on most of his subject i agree with him. But i disagree with him on his view on abortion. Does that make me not agree on all of his views because of one difference in opinion. In my view no, but in your view apparently yes.

>> No.5405831

I'm not sure honestly. What do you guys think now? It's trying hard to dip but it keep getting bought out.

>> No.5405867
File: 96 KB, 960x483, btchs.png [View same] [iqdb] [saucenao] [google]
5405867

>>5395364
Yes everyone get out

>> No.5405970

HERE IT COMES

>> No.5406024
File: 32 KB, 447x456, 1513802253916.jpg [View same] [iqdb] [saucenao] [google]
5406024

>>5405560
holy shit anon I went to the stores for A FUCKING HOUR PLUS and you are still here larping.
>>5405697
again
>the absolute state of /biz/
people that don't even know the basics of trading giving and taking advice from each other. you are all going to make me rich I'm fine with this.

>> No.5406041

>>5405560
You don't know basic trading fundamentals, but you have solid opinions on an outcome? really?

Luckily I didn't listen to you, but you had my attention. I am too trusting, so it was my fault for falling for a LARP.

>> No.5406125
File: 139 KB, 782x782, deletethis.jpg [View same] [iqdb] [saucenao] [google]
5406125

You are all blind...

You must ask yourselves...
>Why is bitcoin worth so much?

If I'm not mistaken there are other block-chain technologies that do far greater in many aspects compared to bitcoin. Surely they have more value/worth than Bitcoin.

Now ask yourselves,
> Who exactly owns mass supply of all this Bitcoin now?

So now I ask all of you...

Why are you letting them win /biz?
You have fallen for the ultimate trap.

When they said that "This will be the year of the alts."

Well this is what they meant.

>> No.5406145

>>5406024
>>5406041
We'll see, take care lads.

>> No.5406160
File: 10 KB, 225x225, images.jpg [View same] [iqdb] [saucenao] [google]
5406160

The exchanges are saturated with sell orders right now

>> No.5406226
File: 15 KB, 291x198, rewdsaxy.jpg [View same] [iqdb] [saucenao] [google]
5406226

https://youtu.be/gxEPV4kolz0?t=7s

>> No.5406274

>>5406160
this looks like IT

>> No.5406275

>>5406226
I'll crack open a beer for you, cheers!

>> No.5406298

>>5406274
I was hoping the bull trap would last until new year. I had huge money invested in salt.

>> No.5406312

I'm so glad I sold earlier in the day. I felt this coming. The correction was too fast and too easy.

>> No.5406375

>>5405445
Just a dip.

>> No.5406507

https://www.youtube.com/watch?v=KTf5j9LDObk

>> No.5406523

>>5406375
He said it was just the tip!

>> No.5406547

>>5406507
quality

>> No.5406555

It's over. Crash cancelled. Resume service as normal.

>> No.5406589
File: 18 KB, 413x192, images.jpg [View same] [iqdb] [saucenao] [google]
5406589

>>5406523

>> No.5406601

>>5406226
HODL

It's just a dip.

>> No.5406622

>>5406555
doesn't look like it

>> No.5406623

>>5406145
bless you anon good luck man. I've just been giving you shit.

>> No.5406714

>>5406623
nah its fine, its 4chan after all, also a bit of opposition is fun.

>> No.5406751

>>5397494
You're missing the fact that most people don't do sensible research. Reading whitepapers? Most of the so-called whitepapers are marketing brochures, and people barely skim them.

>> No.5406760
File: 1.77 MB, 320x240, 1496589324895.gif [View same] [iqdb] [saucenao] [google]
5406760

Holy shit, massive buy rally incoming.
Maybe I'll get those tears I wished for afterall

>> No.5406817

>>5397140
>he doesn't know this is a 100% fraudulent market

>> No.5406889

>>5400867
Check out RaiBlocks then. It came before IOTA and it's much better.

>> No.5406913

>>5401803
Isn't Coinbase FDIC-insured?

>> No.5406920
File: 81 KB, 378x357, 1512854665879.png [View same] [iqdb] [saucenao] [google]
5406920

>>5397141
>Not realizing 2018 is the year of crypto

>> No.5406935

>>5406760
Holy crap buy rally cancelled. Look at this latest dump. This is massive. This is the stuff Rolland Emerich movies are made of.

>> No.5406950

>>5406622
Think we're stable...

>> No.5406987

>mfw it was bulltrap
>mfw I cashed out and only have like 0,5 ETH left on binance that I'm gambling on shitcoins

feels great lads

>> No.5406993

>>5406950
Look again

>> No.5407012

>>5406920
never said it was the end of crypto, the dotcombubble wasnt the end of the internet was it?

>> No.5407025

>>5406987
Do you guys have it in Tether? I don't feel safe going to sleep with my funds on tether

>> No.5407031

>>5401640
I'm a spineless pussy and I'm waiting. I'm too dumb to trust my gut or any shill. Brainlet paying off here boyo.

>> No.5407052

>>5407012
It took decades from the dotcom crash until viable monitization models were formed for the internet.

>> No.5407060

>>5406751
Yeah white papers are useless a lot of the time but it does help to read through and get an idea of that they're doing actually doing vs what they're pretending to do. Lots of buzzwords. But if I find one that is talking about some sensible good shit + the teams decent and can explain what they're doing eloquently...I'm more interested. Listen to the teams talks if they have any, read others (trusted non shill) opinions. Just be smart, shrewd and patient about it. Or throw money at shit and gamble.

>> No.5407123

>>5407031
if you want to play safe don't buy above 50% of ath. that simple. also set a goal like 200 or 300% gain and cash out. don't hold infinitely. these come in cycles. and will continue to come. if you want to play it safe this is pretty solid.

>> No.5407126

>>5407052
crypto moves way, way faster than dotcom

>> No.5407136

>>5407012
>he thinks dotcom was really about the internet
the dotcom bubble was as about internet as crypto
there was just a bunch of sites that did nothing and yet were treated like multimillion dollar entities

>> No.5407159

>>5407052

Are you larping? Porn sites were monitized and racking it in pre-dotcom, I remember viewing porn on public library computers with a friend when we were kids.

The only problem is people throwing money at shit projects, same thing is happening today - look at almost all those shitcoins on CMC, they aren't going to be around in a couple years, which is why I don't have any money in them.

>> No.5407167

>>5407052
>this time is different

>> No.5407230

>>5407136
yup, thats why it is important to find the next amazone/google/microsoft.

>> No.5407245

1 guy is able to do this dump. Never forget that, it might just be 1 guy, and he causes a bit of a panic. Also, you need to be in this longer to net get fazed about the dumps. The profit helps ofcourse

>> No.5407277

>>5407230
but the dotcom bubble wasn't about companies like that

>> No.5407283

>>5407230
The only possible analogy to these companies is a crypto that has the ability for smart contracts

>> No.5407292

>>5406913
>FDIC insuring a bitcoin exchange

>> No.5407304

>>5407025
nah, I literally cashed out, i's all safe on my bank account
I don't live in retarded country where I have to pay taxes for every transaction though

>> No.5407310

>>5407283
Not really. There's plenty of different needs in the market.

>> No.5407311

>>5407123
Excellent, straightforward advice here. Rare on biz.

>> No.5407344

>>5407230
It would have taken years for anyone in those to have broken even by the way.

>> No.5407376

>>5407344
oh yeah, true, unless you sold at the top and bought at the bottom, which is why im in usdt.

>> No.5407534

Guess I need to sleep but I dont wanna miss the buy in what do I do?

>> No.5407577

>>5407534
Put in a limit order, take a picture of your belly button, post it, then go to bed.

>> No.5407678

>>5407577
Not sure where I should place the limit order though. 12k? 8k?
How will a picture of my belly button help though.

>> No.5407748

>>5406507
The best part is the technobabble shilling.

>>5407136
Most of those site had potential for massive profit so people hoping to get in early valued them highly. Same with crypto except it's now clear who the winner will be, vendors will advertise that they accept Bitcoin but you will be able to pay in any crypto you like.

User interfaces built on the LN will make payments with whatever you prefer seamless, smart contracts and high level layers like scripting languages can be implemented without the overhead of a blockchain so most things can be done for free and instantly. Real-time and actually decentralized cryptokitty style gay stuff will be feasible. Crypto will be called Bitcoin and people will ask you what kind of Bitcoin you own. Chandrum brandra chandrum chandrum bedram.

>> No.5407756

>>5407678
>How will a picture of my belly button help though.
https://encyclopediadramatica.rs/Show_Bellybutton

>> No.5407779

>>5399023
>loose

>> No.5408005

>>5407376
Every bubble had an unlimited supply. Bitcoin doesn't.

What's your opinion on that?

>> No.5408082

>>5408005
No such thing as an unlimited supply. Even with an abundant commodity the rate of production vs. the rate of demand limits the available supply at any given moment.

You might as well be saying you can't be choked because there's plenty of air in the room.

>> No.5408170

>>5408005
this>>5408082

>> No.5408208

>>5408005
>2140

>> No.5408214 [DELETED] 

Just bought 20k BZC, who cares, maybe it'll get to the normies.

>> No.5408225

>>5408005
tether has an unlimited supply and will crash.

>> No.5408232

>>5408082
>>5408170
Sure, but bitcoin has clear numbers on it's "supply". Even that is a psychological factor with people.

Also, for example microsoft can literally make billions and billions of copies of windows if they wanted and they'd be sold.

>> No.5408321

>>5408232
doesnt really matter, you buy windows because of the software it brings, you would only buy bitcoin to make money. If it loses you money you will sell. Bitcoin itself is outdated software. Would you buy windows93 for a 1000$ or would you think its overpriced and buy windows10 for 60$. In that case you would only buy windows93 if it gives you money.

>> No.5408324

>>5408005
now bitcoin has unlimited supply too. with future contracts made on future contracts. it's practically infinite. how wallstreet says "fuck you".

>> No.5408361

>>5401757
They're pieces of shit. Happy to take your CAD before they let you know you cant cash out in Canada.

>> No.5408367

>>5408232
What are you talking about?
If a bitcoin is worth 10 dollars, and a gram of weed on the dankweb costs 10 dollars. It costs 1 bitcoin for a gram of weed. The price is negotiated in dollars.
If the price of bitcoin is now 20 dollars 1 bitcoin is enough to buy 2 grams of weed. And currently the price is 1500x what it was at that point. 1 bitcoin will buy you 15 kilograms of weed at that price. The supply relative to it's usage goes up accordingly to it's inflation. In absence of anybody willing to pay 15000 dollars for a gram of weed there is literally nothing backing the bitcoin.

>> No.5408436

>>5408005
>FORK FORK FORK FORK FORK FORK

>> No.5408462

Guise:

1) Look at the one year chart. It's forming a "skull and crossbones" pattern.

2) We reached peak media coverage recently. The prospect of free money lured in the normies. They woke up friday to a 25% loss. There are no more greater fools buying in now.

3) Futures markets are up and running. Hedge funds are in control now.

4) Every week brings news of hacks, warnings from regulators, potential market manipulation. No pension funds will ever invest in this market. The level of risk is hilarious.

It has been completely fascinating to watch this bubble grow and burst in real time an impartial observer. One hell of a show. But unless you have some sort of edge, you're simply spinning a roulette wheel now. Your fate will be decided by luck, not logical conclusions based on reliable fundamental or technical analysis.

>> No.5408482

>>5404275
Markets are not 0 sum but you are too stupid to understand either way. Wealth is not a closed eco system.

>> No.5408527

>>5408462
The futures pretty much say everything. Volume on January delivery is like 2600btc.
No combination of buttcoiners on here have anywhere near that volume to move. The futures market will control the price from hereon.

>> No.5408570

Thankfully I'm a miner and don't give a shit bear, bull, falcon or roo market. I make take it and bake it. So long soy boys.

>> No.5408591

>>5408321
>>5408367
I think you underestimate the amount of people who are hoarding. Having bots which require bitcoins to run. Coins that are lost forever. Etc. There are absolutly no numbers on that. It's more complex then people just buying to get rich.

>>5408324
Can i buy ethereums with my futures?

>>5408436
Forks are considered altcoins by most people.

>> No.5408631

>>5408591
>Forks are considered altcoins by most people.
Doesn't matter, if BTC is just printing free money by forking over and over, its devaluing itself.

>> No.5408634

>>5397140
You don't have to print for tether to work. has nothing to do with the total USD money supply

each T just needs to be backed by exactly 1 dollar.
which means they have to cost more than a dollar retail. therein lies the problem because tethers will always trade above the dollar.

if they were printing more tethers than they sold the value of the tether would drop below the dollar.

>> No.5408639

>>5408462
Barring a solar flare, blockchain is quite obviously the future. The game is obvious. Spread thin in cheap alts and hope one of them survives the burning of the chaff. The scalability bottleneck shows that it's a decade away from being usable. So in the meantime: become that guy who got in on WDGT, the solver of the bottleneck, at $00001.

>> No.5408645

>>5408591
You completely missed the point of what I said.
You can divide a bitcoin into any fraction you want. The supply increase is hidden but it exists. If I need to launder 15,000 dollars I only need 1 bitcoin. When it was 1 dollar each I needed 15000. The supply has gone up 15,000 times. Just because you are too much of a mong to be able to even fathom the latent information like that doesn't mean it's not true. Bitcoin is fundamentally worthless at this point. 100% of the money is market speculation. If you want to gamble your money go right ahead...but you're up against experts with computer scripts that trade automatically and are designed to fuck amateurs like you out of their money.

>> No.5408657

>>5408631
People would need bitcoin to get free money, thus giving it a use.

>> No.5408685

>>5408591
>Can i buy ethereums with my futures?
don't see why not if someone accepts them. just like gold futures can be sold and sold again until there is hundreds of claims of ownership for every ounce of gold.

>> No.5408695

>>5408645
Yeah, i do that, running bots. I need coins to run the bots.

>> No.5408705

So guys, what to do in a real btc crash. I'm 100% in alts which are connected to btc. If I stay in alts, I'm going to lose money in any way. What's the best option? Go in btc during the crash to maintain my btc amount? Or going into tether? Why is everybody saying it's a bad idea to go in usdt and wait until btc crashed to buy back in afterwards?

>> No.5408730

>>5408705
against btc crash the only safe haven is fiat ironically.

>> No.5408731

>>5408705
Hodl the alts you fucking retard.

>> No.5408733

>>5396349
STANDING BY IN TETHER, SIR!

>> No.5408737

>>5408705

The only winning move, is not to play.

>> No.5408769

>>5408367
The only real value crypto has is it's decentralized but that's plenty of value. I can't actually own dollars, the government owns them. I own crypto without any central authority needing to validate that. It's truly owned by whoever has the private keys to access it. Banks fail all the time, no one trusts them and same goes for centralized currencies. People just want somewhere to put their money.

If you just use it for transactions you buy and sell on each end, the price is dictated by how much is in transit at any time. That's not very much. If it's actually considered a secure method to store value the demand increases exponentially because everyone wants to own money.

>> No.5408784

>>5408705
hold the alts. desu if you are holding normie proof alts they won't tank too badly assuming: you didn't buy ath, and BTC doesn't hit like..$200. Other than that you'll be ok. People here are larping and being dramatic. The charts aren't even that bad atm.

>> No.5408826

>>5408769
Listen to this man. It doesn't matter what you hold as long as the IRS and FED crumble. Viewing your portfolio in dollars is retarded.

t. James Traficant

>> No.5408829

>>5408705
HODL or fiat. But you might see a crash, and then next day going up 20% in half an hour and miss everything you sold day before. So, trade carefully.

>> No.5408846

>>5408769
Oh so if somebody buys some crypto off of you in order to use it the transaction fee is payable to you?

>> No.5408870

>>5397141
I actually believe you and agree with you.

However, there are fools out there pushing Bitcoin and it has a few years left before total and utter collapse. I will have cashed out by 2 years max.

2018 will arguably be the biggest year for crypto, with years thereafter becoming unstable and uncertain. True riches beyond imagining will be made and you'd better thank your lucky stars your here reading this as in one years time you will be experiencing the christmas of a lifetime.

>> No.5408896

>>5408829

this exact thing happened to me yesterday

>> No.5408898

>>5408733
seeking refuge in tether is some next level retard crap. as i understand tether has nothing behind it in reality it's all smoke and mirrors. usd backing for all of it. when it goes kaboom bitcoin goes with it. trying to hedge with either of them is insane.

>> No.5409088
File: 808 KB, 225x249, 1477187190206.gif [View same] [iqdb] [saucenao] [google]
5409088

>>5407748

>LN will make payments with whatever...

HAHAHAHAHA!

It's just 18 months away still right? Just 18 months until we see this amazing technology that hasn't been even evidenced at working? Wewy.

>> No.5409134

>>5408898
Who gives a shit when it always hovers around ~3-4%? You can put it in USDT and wait for cryptos to drop and buy back like you would with fiat.

>> No.5409158

>>5408870
Only a very serious dipshit would be saying this right now, after a solid week of red dildos on the flagship (broken) crypto, all of the momentum lost, and every normie who got in on the craze over the last couple of months feeling disappointed and disillusioned.

If crypto has another bad week, stick a fork in it, at least until it starts delivering on something.

December was the setup for 2018. It was make or break time. It broke.

>> No.5409193

>>5409088
It’s vapourware. Everything is vapourware until proven otherwise. Even bitcoin. If it was any other coin it wouldnt even be in the top 100 anymore. Brand recognition that’s it. Can’t wait for it to die. It won’t take out crypto either. It will slowly be replaced by something better.

>> No.5409213

>>5409158
I screencapped. 2018 will be the year of normie / acceptance phase. I bet my entire life savings on it, quite literally.

I'll be paying you to clean my pants for 2 sats nigga

>> No.5409214

>>5409158
>It broke
It's still 13800$. That was estimated for summer 2018 those prices.

I'm not saying we're going up. But even 8000$ i would've signed for last year.

>> No.5409221

From my $500 investment I cashed out $200. I'm leaving my position in ICX, NULS, and ZRX. I'm still wondering if I should leave, but I got a really good deal on ICX. I'm gonna play it safe.

There were toooooooo many posts on /r/bitcoin acting as if the dip 2 days ago was a "30% OFF DEAL!!1!!! XDDD". I need this shit to dip so the normies/women can fuck off for a while.

>> No.5409272

>>5409213
umm.. you are one of the normies. normies have had the chance to buy for months. they did, it pushed the price sky high, now they're selling, now everything is bombing.

>> No.5409326

>>5409088
Lightning network had its first transaction on litecoin didn't it and it worked?? What happened

>> No.5409327

>>5409221
Hold the ICX

>> No.5409433

>>5409326
Go on..

>> No.5409452

>>5408846
I pay the miners the fee to run the rules that reach a consensus and validate that no central authority is controlling who owns what. I accept that miner centralization is a big problem but there are multiple safeguards against any actual attempt to take control. Early bitcoin went through a lot of shit that hardened it and showed how things play out when shit goes down, they now even have contingencies for sha being broken. In the worst case scenarios (which have happened) all the people with a stake in the system are forced to reach a consensus or lose their money. More market cap means more is invested in the rules being run correctly.

>>5409088
>evidence
Repeatable experiments are the best form of evidence, you can try doing a transaction today yourself. The exchanges will go online in the next 6 months and transactions on the blockchain drop 99%.

>> No.5409560
File: 30 KB, 1267x258, again.png [View same] [iqdb] [saucenao] [google]
5409560

guys same shit as last night is happening. this isnt going to end well for y'all if you hold anything.

>> No.5409563

>>5409433
I haven't read too much into into it im asking you or whoever is trash talking LN to explain it as far as I know it was successfully tested with Litecoin by charlie lee and it had segwit before bitcoin. Usually litecoin gets bitcoin features before it as they are very similar coins litecoin being based off bitcoin very early on.

>> No.5409587

We’re post-bull trap you nigger. Full crash mode

>> No.5409606

>>5409563
Go on..

This is actually very big if true, no memes

>> No.5409647

>>5408870
why do you think i cashed out in usdt and not in fiat? :)

>> No.5409680

>>5409606
Stop being a faggot

From the wiki

>In May 2017, Litecoin became the first of the top-5 (by market cap) cryptocurrencies to adoptSegregated Witness. Later in May of the same year, the firstLightning Networktransaction was completed through Litecoin, transferring 0.00000001 LTC from Zürich to San Francisco in under one second.

>> No.5409706

>>5409563
>>5409606
They tested on Litecoin months ago. Bitcoin mainnet this month. Technically the exchanges could implement this now.
https://www.youtube.com/watch?v=a73Gz3Tvx3k

>> No.5409749

>>5409680
i still fail to see how lightning network would be any good practically. you have to tie up funds in a payment channel for it to work which still takes forever to confirm then if the other party is uncooperative or shits on your head you have to wait shittons to get your funds released.

in itself it's anything but promising.

>> No.5409838

Lol at using a proven bad prediction system for usual assets (TA - equal to carot reading or moon forecasting) to predict what a new class of asset that investors have not seen in their life will do in the future.
biz is full of retards, but seeing so many TA apologists is hilarious.

>> No.5410004

>>5409749
Technically you only need one channel which you open up to some whale who uses his bitcoins to serve as a hub for transaction fees, he routes to other hubs and everyone just connects to one of these hubs to find a route almost anywhere. Gay men have said this is "centralization" but the only thing that matters in that context is that no central authority has control over your funds, hubs have no control they just participate in the system like everyone else.

>> No.5410039

>>5409606
https://explorer.acinq.co/#/

>> No.5410182

>>5410039
Some space shit

>> No.5410213
File: 7 KB, 240x250, 342.jpg [View same] [iqdb] [saucenao] [google]
5410213

are those threads even real ? who is dumb enough to sell bitcoin, who is even questioning bitcoin at this point, these threads have got to be a meme.

>> No.5410312
File: 93 KB, 724x800, __hamaguchi_ayame_koshimizu_sachiko_and_producer_idolmaster_and_idolmaster_cinderella_girls_drawn_by_gachon_jirou__98aacdd2e642446ea35272ad0cc97310.jpg [View same] [iqdb] [saucenao] [google]
5410312

>>5410213
heehoo bitcoin go up forever!!! weee!!!!!