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/biz/ - Business & Finance


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5686056 No.5686056 [Reply] [Original]

Is it dying?

>> No.5686075

>>5686056
You have three days at most to tether up. This shitcoin will get shorted into oblivion after the holidays. ETH will lose only 50% of what BTC loses, but it will still be a lot.

>> No.5686095

>>5686056
Yea. Thankfully.

>> No.5686124

>>5686056
You have three days at most to BTC up. This coin will get pumped into the moon after the holidays. ETH will gain only 50% of what BTC will gain but it will still be a lot

>> No.5686160

>>5686124
You know I'm right, deep down.

>> No.5686205
File: 17 KB, 285x279, 1513916707711.jpg [View same] [iqdb] [saucenao] [google]
5686205

Is bitcoin having hard times crossing the current roof?

Why? isn't normies putting all their money into this?

>> No.5686207

>>5686075

Are you fucking retarded?

>> No.5686219

>>5686160
You know you're wrong, deep down.

>> No.5686232

Yes.

>> No.5686243
File: 114 KB, 872x634, ShitCoinFlood.png [View same] [iqdb] [saucenao] [google]
5686243

No
Look at all the top shit coins where the market cap is mostly contained
They all peaked in Satochi months ago.
Even ripple is below their ATH back in may.
If the bulk market cap is below thier highs what this tells you is the market below is being flooded with shitcoins.
None of these shitcoins have proven their worth.
While the top shitcoins which have more or less proven their worth have all topped out months ago.
It is all speculation.

>> No.5686245
File: 44 KB, 657x527, 1509892385751.png [View same] [iqdb] [saucenao] [google]
5686245

>>5686056
It will if it takes too much time to get to ATH desu. Today most holders are in it for a quick profit, if the profit don't come or come too slowly they will gtfo.
Right now it seems too me that it's dying, and the only reason it's not already crashing hard is occasional big money pumps, like the one we had 2 hours ago.

>> No.5686273

>>5686205
Because the network is being held hostage by chinese miners. It's impossible to reach consensus for changes to the network when the people who operate the network have a vested interest in keeping TX times slow and mining fees high. The fundamental principle of the proof of work has made miners adversarial to their own currency's consumers and for that reason it is doomed to die.

Check up on Masternodes and especially XMCC. Masternode will be the buzzword of 2018.

>> No.5686324

>itt, people who have less than 1 BTC talk about how BTC is dying for sure

>> No.5686357

>>5686056
of course not, 20k 2017 EOY

>> No.5686478

Not really. It's just bearish right now.

I would probably sell if it reaches 14500-14700 in the next couple days.. I think there's one more big drop.

>> No.5686482

>>5686324
Yup. The transaction fees are a big deal to them because $20 is a month's salary in India.

>> No.5686517

>>5686056
We will slowly crash for at least until the end of 2018 before rising consistently for years. Until we hit 5k per bitcoin The main bubble will last a year and we will hit 500k before the bubble "pops" again

>> No.5686551

>>5686075
>he doesn't know about the January effect

>> No.5686614
File: 42 KB, 560x560, 1512689462999.jpg [View same] [iqdb] [saucenao] [google]
5686614

>>5686273

Oh shit that is selfish as fuck so the miners actually want to keep the high feeds as fuck? they are condemning BTC to death doing this, besides the network is slow as fuck

I had also heard about China being the place where almost all the BTC miners are seated

What about XMCC?

Low supply, i like that

>> No.5686625

>>5686056
not yet, but it's afraid

>> No.5686630
File: 419 KB, 1058x1593, Screenshot_20171231-131531.jpg [View same] [iqdb] [saucenao] [google]
5686630

>>5686517
Kek no my friend were doing this

>> No.5686715

>>5686517
you seriously think you can predict BTC's price action for the entirety of 2018? fucking idiot

>> No.5686868

>>5686245
>Right now it seems too me that it's dying, and the only reason it's not already crashing hard is occasional big money pumps, like the one we had 2 hours ago.

Wales keeping BTC on life support while they scope all those shitcoin profits?

>> No.5686878
File: 44 KB, 750x501, 1512497762521.jpg [View same] [iqdb] [saucenao] [google]
5686878

>>5686715
Screencap it bitch

>> No.5686930
File: 874 KB, 750x503, 1389419212314.png [View same] [iqdb] [saucenao] [google]
5686930

>>5686056

Let's fucking hope so.

The Altcoins are superior in nearly every way except for legacy and brand name.

>> No.5686962
File: 225 KB, 1194x946, 1514530647138.png [View same] [iqdb] [saucenao] [google]
5686962

At this point BTC could declare 8MB blocks and abandon LN and every holder will be grateful to them forever.

>> No.5687057

>>5686930
I was having a conversation with someone who just recently got in to bitco in and when I told them I sold at 19.5k he thought I was crazy. Tol d him altcoin were the future of crypto. Give him examples of coins more tech advanced than bitcoin. Tells me I'm wrong and bitcoin i s going to a million soon. Explain yo him more examples of why bitcoin is night right now and in the future it won T exist because it don't serve a purpose. He repeats himself. Bitcoin is going to a million. It's retarded how these normies think.

>> No.5687062

>>5686625
lmfao, what was this from?

>> No.5687114

>>5687057
>I was having a conversation with someone who just recently got in to bitco in and when I told them I sold at 19.5k he thought I was crazy. Tol d him altcoin were the future of crypto. Give him examples of coins more tech advanced than bitcoin. Tells me I'm wrong and bitcoin i s going to a million soon. Explain yo him more examples of why bitcoin is night right now and in the future it won T exist because it don't serve a purpose. He repeats himself. Bitcoin is going to a million. It's retarded how these normies think.

Ur both newfags.

Bitcoin is a dying whale and completely not practical. Lost my wallet key -> I'm fucked.

Altcoins are lipstick on the btc pig.

Both are gonna crash in a few days.

>> No.5687119
File: 94 KB, 601x508, 2f7.jpg [View same] [iqdb] [saucenao] [google]
5687119

BITCOIN HAS ALMOST FULLY RECOVERED
FIAT SHILLS ABSOLUTELY BTFO

>> No.5687168
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5687168

>>5687114
I know when btc crashes so do alts. Not a newfriend newfag.

>> No.5687207
File: 65 KB, 538x539, kingbugs.jpg [View same] [iqdb] [saucenao] [google]
5687207

>>5686075
I sold all my xrp and holding 34 bitcoins right now waiting for it to explode. tether up your ass faggot. Bitcoin is king, dont let cashies convince you otherwise.

>> No.5687219

>>5687114
>>5687114
and bitcoin cash will rise from the ashes and all of you retards that are gonna be surprised posting pink wojaks and justd memes us whales will be laughing to the fucking bank. you really think a token that cost 50 dollars to move and it take 3 hours + would ever hit a million? your an idiot I would use western union its cheaper. Bitcoin cash is true fork and will continue on as true chain blockstream tried but bitcoin cant be stopped satashoi isn't dumb hard forks are there for a reason

>> No.5687222

>>5686482
>$20
Looks like someone has never made a real transaction with btc

>> No.5687273

>>5686056
you arent still holding are you?... ffs man I got out at 17 after only holding for 5 weeks. When you have half the media saying bubble it has to pop.. it becomes a self fulfilling prophecy weather you want it to or not.

>> No.5687278

>>5687219
At this point I won't be surprsied if Ripple takes first place.

>> No.5687320

>>5687278
Then the banks won

>> No.5687342

>>5687320
>implying banks will use ripple

ROFL

>> No.5687358

>>5687320
I don't get why people say that the banks will win then. I mean XRP is currency that's owned by banks, sure, but we'll still have all the others.

>> No.5687410

>>5686056
Anyone that has been in crypto for more than 6 months can understand that there are cycles to the market. BTC pumps, Alt coins dip —> Alt coins pump, BTC dips. Hope you all prepared for the next BTC pump, it’s coming within the next 2 months. Don’t say I didn’t warn you.

>> No.5687421

>>5687219
You really buy the story of cashies that btc is impractical and is going to fail? Do you even realize how many people work/contribute to btc? You think your shitcoin with 3 devs is going to fix problems bitcoin is facing? Amazing how in a few weeks people went from believing in btc to thinking it's dead. It's retarded.

>> No.5687422

>>5686273
HOLY SHIT YOU ARE RETARDED.

CHINESE MINERS TRIED TO PREVENT THIS SITUATION: THEY PUSHED FOR BIGGER BLOCKS FOR MONTHS AND MONTHS BUT BITCOIN CORE INSISTED ON 1MB WITH THEIR REDDIT KEKARMY:

BITMAIN IS BEHIND BECASH.
THEY
WANT
LOW
FEES

they know their business model (sha256 miners) is dead if bitcoin doesn't work.

>> No.5687456

>>5686075
>>5687207

You guys really think bitcoin is going on another moon mission?

>> No.5687457

>>5687219
>*changes a constant value in the code*
>behold the future!
fuck off scamcoin shill
not saying that btc is any good, tho

>> No.5687467

>>5687273
It's crazy how a week ago everyone was posting pink wojaks talking about how it was obvious all along that BTC, with 100s of thousands of unconfirmed transactions and huge fees, was going to crash.
And everyone was saying "watch out, it will recover a bit, looking like a "return to normal" but then it will really crash."
Now we're here--two days after a warning signal where btc dropped under 12k--and no one is willing to entertain the possibility that a strong correction is coming.
I'll be a little bitter in the next week if I genuinely miss out on +10% or something by being in Tether. But you all will be VERY bitter about losing 50% of your portfolio if it does dump, which I think it will.

>> No.5687477
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5687477

>>5687410
Heh, I won't say you didn't warn me

>> No.5687488

>>5687410
https://youtu.be/i7cVQQ2DdIM

watch anon and be educated.

>> No.5687516
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5687516

>>5687410
>it’s coming within the next 2 months

i don't know man, feels like it could happen any fucking minute again. holding alts feels waayyy to comfortable right now, last time i felt this comfortable it ended in tears.

>> No.5687535

Make the correct choice when cashing out

>>5686031

>> No.5687600

>>5687516
>i don't know man, feels like it could happen any fucking minute again. holding alts feels waayyy to comfortable right now, last time i felt this comfortable it ended in tears.

if btc crashes then how will you sell for fiat. you need to convert to btc first and oh look it's value is shit. network might be clogged too.

>> No.5687647

Bitcoin wasn't even supposed to be 10k until last week originally. All of you anons who are panicking are just greedy. We are well above the appropriate BTC price right now.

>> No.5687665
File: 61 KB, 590x393, KryptoMoney.com-Bitcoin-price-could-read-to-25000-in-five-years.jpg [View same] [iqdb] [saucenao] [google]
5687665

>>5687467
huh thats funny.. I was shilling the fuck out of this coin when I jumped in hoping to get the most out of it before it popped, I think most intelligent people were too. I was posting almost every night on /b/ with pic related just seeing how many suckers I could get to jump on board.
And as for warning signs it was showing for weeks, as we were having 3k swings.

>> No.5687707

>>5687421
>shitcoin with 3 devs
This is a core propagandas lie.
There are 5 large teams working on Bitcoin Cash. Nchain among others (craig wrights company)

They (bitmain, Ver, coinbase, Craig wright, Nchain, Bitcoin unlimited) are spending big dollars on development and scaling and work with several ivy league universities for independent studies.

They will create scaling solutions, gift them to the Bitcoin cash project for free, and thereby prevent other coins from outright implementing their inventions.

They will go at this like ruthless businesses, which is why they will win

>> No.5687746

>>5687707
*they will patent their scaling inventions

>> No.5687747

>>5686056
No, it was already dead when it was infected with the Svirus. It just didnt stop moving.

>> No.5687767

>>5687410
That isn't necessarily true, it depends on whether people cash out into FIAT or not.
>any one who's been in crypto for more than 6 months
Newfag detected

>> No.5687777
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5687777

>>5687600
that's not what i meant, and you do realize almost every alt has ethereum pairs? surprise surprise, you can cash out ethereum too.

>> No.5687804

>>5687457
dude honestly you should look into BCH you are so uninformed its funny.

Literally all large bitcoin companies are backing bcash. Its just the reddit hodl crowd and core devs who are spouting that FUD

>> No.5687836

Got out at 13k last night, set the buy for 10.6k.
Now I gotta wait out this pump

>> No.5687887

>>5686207
>Are you fucking retarded?
a better question is are you ?

>> No.5687924

>>5686614
the important thing about masternodes is that instead of proof-of-work mining you have initial investment masternodes that, while connected to the internet and verifying tx with simple math, pay a hard-coded amount to the masternode owner.

put 1000 XMCC into a masternode, print 2 XMCC a day, soon 5 a day.

>> No.5687950

>>5687804
guess what? I did. I bought bch and got dumped. Told my friends, didn't believed me, got dumped as well. surprise!

>> No.5688244

I had higher hopes from /biz/. Bitcoin is cryptocurrency. Most new money coming will go to bitcoin.

>> No.5688265

>>5687836
Can't wait for this guy to post his red wojack on new years morning.

>> No.5688306

>>5687488
This guy knows what he's talking about.

>> No.5688337

>>5686868
I don't know what is there endgame, only thing I can tell from the graph is that some people, coordinated or not, are doing what they can to keep bitcoin alive.
It my have something to do with avoiding bitcoin to kill the alt market with its fall.

>> No.5688354

when people are asking "is bitcoin dead?" you can expect a pump soon

>> No.5688397

>>5688354
This. If you open up coinmarketcap and you see BTC-based currencies in the green in the top 100----then BTC isn't dying. If every single coin in top 100 except for Ripple is in the red while BTC is dropping largely in price---then you can start to worry.

>> No.5688427

>>5687950
>hurr durr I didnt make immediate profits this coin must be shit
fucking lel you will never make it

BCH is a long term hold since its one of the 3 coins with future

>> No.5688440

>>5688354
Keep in mind a lot of people heard about crypto over Christmas, but it takes like two or three weeks to get verified and put money in.

>> No.5688479
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5688479

Nope

>> No.5688518

HOLD BNTY fucktard

its been less than a week of trading

>> No.5688531

>>5688427
>>5688427
fuck off, I have a better long term hold and I'm 4x already, lmao

>> No.5688579

>>5687057
Ripple is not even a coin and somehow it's $2 so stop trying to use reason in crypto.

>> No.5688654

>>5688579
This mothafuka is 100000 percent right

>> No.5688666

>>5687358
>XRP is currency
You are everything wrong with this board normie

>> No.5688712
File: 63 KB, 400x230, greengirl.jpg [View same] [iqdb] [saucenao] [google]
5688712

>>5686056
SELL ME UR BAGS ITS GONNA PLUMMET ILL SAVE U

>> No.5688923

>>5688531
wow 4x such gains

t. started with 50k in 2013 you do the math

>> No.5688971

>>5687488
Watch a see a fucking newb do chart analysis using a linear chart..

>> No.5689054

>>5688971
This. Bitcoin is super duper and doesn't use linear market psychology. It is super duper and will reach 9 million by 2017

>> No.5689183

>>5688923
good for you, I'm staying the fuck out of any bitcoin flavor

>> No.5689269

>>5689054
Max Kaiser is predicting $30k in Feb and $100k in April.
Who to believe. A newb making youtube videos about TA that doesn't even know to use a LOG chart or a guy with his pulse on Russia and that knows that Titov, one of the biggest crypto holders on Earth may become president of Russia..

Go trade your shit coins newb

>> No.5689333

>>5688531
>4x in the biggest bull market.

You could've done that in the past two weeks easily if you had a brain. Fucking retard.

>> No.5689334

>>5689269
These are the same people that say physical Bitcoins are being held in a locked bunker in the Alps.

>> No.5689382

1. Lightning network goes live
2. Sovereign wealth funds start adding bitcoin publicly
3. Corporates start holding bitcoin for optimal cash management policies
4. #bitcoin > $50,000

>> No.5689450

>>5688666
Fine, it's an excel sheet in control of the banks. Why is this bad for the other cryptos?

>> No.5689470

>>5689334
Oh yeah it's a conspiracy

https://news.bitcoin.com/russian-presidential-candidate-legalize-bitcoin-cryptocurrencies-russia/

>> No.5689472

>>5689382
And then you wake up

>> No.5689524

>>5689472
Wow what a come-back. Brilliance.
Tell me the alternative.

>> No.5689552

>>5686630
Thats a fractal of the autumn move isnt it

>> No.5689635

>>5686551
Doesn't mean it won't bounce back up late Jan

>> No.5689688

BTC/USD Price will go a little like this
BTC $14k > $28k >
Project Lightening > $48k > $96k >
World Domination.

>> No.5689760
File: 1.77 MB, 320x240, 1496589324895.gif [View same] [iqdb] [saucenao] [google]
5689760

>>5689269
>Max Kaiser

>> No.5689831
File: 95 KB, 940x581, Logritmic Regression Chart BTC.jpg [View same] [iqdb] [saucenao] [google]
5689831

>>5689760

>> No.5689864

>>5686324
When it takes DAYS to make a transfer and during that time Iose half the value. And they charge me hundreds of dollars for the pleasure. Then fuck yeah it's dead. Once normies get/got in and saw how long the wait time was, they nopd the fuck out. No one has time for that shit.

>> No.5689870

>>5689635
>he really doesn't know about the January effect
https://en.wikipedia.org/wiki/January_effect

>> No.5689910
File: 250 KB, 2047x1110, Bitcoin 75k.jpg [View same] [iqdb] [saucenao] [google]
5689910

Here's what Bitcoin price will do when we repeat our last 40% dip in BTC

$75k here we come!

>> No.5689972

>>5689831
Oh man that is certainly a legit mathematical proof
Just bought 100k

>> No.5689976
File: 2.28 MB, 187x155, 1496590902971.gif [View same] [iqdb] [saucenao] [google]
5689976

>>5689831
>Max Kaiser

>> No.5690039

>>5689972
That's from 2014,
and he was 100% right.. vs your sarcasm :)

>> No.5690086

>>5687207
>selling all your XRP before a big announcement about deals with banks
>not knowing that the first one to crack a deal with major banks is the one going to the moon
>selling easily the most upside coin in the market
LOL you're never getting your lambo my son. Save this post for one year from now.

>> No.5690095

>>5689976
I smile too. He made me lots o money

>> No.5690169

>>5687342
>implying they aren't
Do you even read the news?

>> No.5690192

>>5687477
This is just fiction.

>> No.5690281

>>5688354
and heeeere we go boyos

>> No.5690395

>>5689333
well, I'm a happy retard then.
also checked

>> No.5690402
File: 131 KB, 1125x1003, MAx Keisers 2018 BTC LOg Chart.jpg [View same] [iqdb] [saucenao] [google]
5690402

75-100k in 2018

>> No.5690533

Schnorr Signatures
https://bitcoinist.com/schnorr-signatures-might-be-bitcoins-next-step-forward/

Lightning Network RC1 Release ‘Completes Bitcoin Mainnet Transactions’
https://bitcoinist.com/lightning-network-mainnet-beta-soon/

People piling into Alts and out of BTC will be in for a surprise

>> No.5690731
File: 359 KB, 640x947, 1514527515992-pol.png [View same] [iqdb] [saucenao] [google]
5690731

>>5690402
If it continues like that, we'll eventually do a loop and travel back in time when btc was worth nothing and then we can all have lambos

>> No.5690811

>>5690731
Do you think every millionaire in the world like to have 1 BTC ?

How much would BTC be if they all held 1 BTC ?

>> No.5690845

>>5689450
It's centralized.

>> No.5690881
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5690881

>>5690402

>> No.5690936

>>5690811
I was joking you tit, you see how each section increases it's angle, and how it's a common folly of /biz/ to assume trends are always set to continue, and how such a continuation would see the impossible event of the graph arching back upon itsel-
You know what... nevermind

>> No.5691015

>>5690845
You're not getting it. I agree it's shit. Total and utter shit. Why is that bad for THE OTHER currencies which are actually good?

>> No.5691113

BTC will be unironically at least 100k each, but due to the declining market cap capitalization, you can get way more gains from alts.

If you think that crypto is dying. You're retarded and need to read some Milton Friedman and realize that crypto is here to stay.

>> No.5691130

>>5686056
Xrp will surpass btc market cap this month. $10-$12 xrp incoming

>> No.5691227

>>5691130
XRP is banksters' desperate play to keep the necessity of middlemen. Decentralized crypto is objectively more efficient. XRP is a good short-med term play, but decentralized crypto will win in the end.

>> No.5691251
File: 8 KB, 225x224, 904C0115-BFB9-4030-BBC7-55D41AF9A750.png [View same] [iqdb] [saucenao] [google]
5691251

WHY IS IT TRYING TO BREAK OUT YOU WERE SUPPOSED TO CRASH

I'M NOT READY TO CASH OUT MY ALTS AND I WANT MORE CHEAP BTC AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH

>> No.5691277

>>5687600
Who cares what the value of bitcoin is if you just have to transfer through it to cash out? Not like you have to hold for a long time or anything.

>> No.5691281

>>5691227
I agree

>> No.5691297

>>5691227
oh ye banks will go away, disappear and killed by fire.
lmao this kids

>> No.5691318

>>5691015
XRP holders should be punished.

>> No.5691416

>>5686056

Today's trading pattern says nuh uh.

>> No.5691442

>>5691297
I don't think bank will collapse. I think that the will simply evolve into some kind of hybrid between service and insurance industry so that you can get your tokens if you forget your key or whatever. Also, rich people would use banks to trade on their behalf to conserve their time.

Banks aren't gonna disappear, but their current model is on the life support and they will evolve.

>> No.5691464
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5691464

>>5691251

DADDY'S COMING HOME

>> No.5691508

>>5686324

BTC is so worthless i was able to have 3 of them with a $4000 investment. I only been in this game for two months but nobody likes a $30 transaction fee.

>> No.5691597

>>5691251
use 1d candles brainlet. We havent even started yet.
Bearmarket is just getting ready

>> No.5691677
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5691677

>>5691464
NO DADDY NO

THE BIG TAX MAN IS COMING TO GET YOU, YOU'RE NOT SUPPOSED TO BE HERE

>> No.5691798

>>5686056
the dollar is dying

>> No.5691852

>>5691798
your mom is dying

>> No.5691961

>>5686056

I can't wait for all you altcucks to start posting pink wojacks when the king goes on it's next bull run and you are sat holding your bags.

>> No.5692169

>>5686243
Ripple was not that high in May, this is a meme

>> No.5692294

>>5686056
I remember when that big "correction" happened, a lot of /biz/ was freaking out. Pink wojaks galore. Screenshots of people who sold the bottom. I bet there were even suicides.
At the time, there were a lot of naysayers who claimed that the dream was dead. "Bitcoin will never recover" they said. "The bubble has popped, and we have nowhere to go but down."
Where are you now, naysayers? Now that BTC is recovering? Now that alts are mooning? Now that the percentages are green as a spring meadow, and profits are as easily picked as flowers from a field? Where are you now, you skeptics, whining from the sidelines, spreading your FUD, watching enviously as those of us who genuinely believed are reaping the rewards of our fidelity?
You said BTC was an antiquated technology that would needs be dethroned by something better. You pointed to the hundreds of thousands of unconfirmed transactions, the high fees, the massive amounts of electricity the BTC network is using, and you said, "Look, look! This coin shall surely perish!"
But guess what?
BTC did not perish.
The market has recovered, and is aimed at the sky.
Just as it was before.
Just as it was prophesied.
There will be no crash.
Only green wojaks. Only increasing gains.
We are back on track to where we are meant to be.
We have finally
>returned to normal

>> No.5692432

No apologies will be accepted, you have been warned poor bear fags.

>> No.5692777

>>5691597
I tried making a quick buck in between swings because I was certain today would be crash day. I just sold 10k worth of BTC for $300 (really stressful) profit and now I'm stuck with fiat?

>> No.5692805

>>5692777
Just quit crypto, you're not cut out for it.

>> No.5692898

do you guys trade in eth or btc?

does it even matter?

>> No.5693069

>>5692898
eth when btc is bearing

>> No.5693201

>>5686056
It will when conan=satoshi flips the coin he has been syphoning off the blockchain since 2014 back into CPU coins with Japanese holders like bitzeny and yenten. Not a drill. It is going to be the biggest happening in crypto since bitcoin met tor.

>> No.5693246
File: 196 KB, 1024x561, 1514399941765.jpg [View same] [iqdb] [saucenao] [google]
5693246

>>5686273

>> No.5693964

>>5693069

makes sense. one other thing.. is swing trading always profitable even if i sell as low as 1+ gained?

like if i buy 10.000 cheap coins for example 0.000200 and sell for 0.000201 is it still profitable or do i lose on fees?

using binance.

suck at math.