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/biz/ - Business & Finance

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6513838 No.6513838 [Reply] [Original]

You will lose everything when it goes to ZERO.

There has never been a better time to sell than now.

Check in with this thread to report your sales and you salvage what's left.

>> No.6513896

It's impossible for it to go to zero. All it takes is one frozen/forgotten/lost account that can't sell to make 0 a mathematical impossibility.

>> No.6513913

ok fag. worried you sold too soon huh?

guess what? you did.

>> No.6513927

>>6513838
Hahah

>> No.6513949

>>6513838
Thanks sold 100k

>> No.6513960

See you in tommorow's rocket OP.

>> No.6513961

>>6513896
>All it takes is one frozen/forgotten/lost account that can't sell to make 0 a mathematical impossibility.
Lol.
But if no ones is buying at all, shouldn't the value be 0? No demand = 0 in price.

>> No.6513979

>>6513961
If noone is buying and noone is selling then the price does not move dipshit.

>> No.6514004

>>6513979
Assuming people are selling you tard.
There are always people selling.

>> No.6514007

>>6513896
This is not how markets work, retard.

>> No.6514026
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6514026

>>6513838
i will not say more than this for now, though it's getting hard to keep my mouth shut lol

>> No.6514036
File: 1.06 MB, 4175x3635, 1514940085039.jpg [View same] [iqdb] [saucenao] [google]
6514036

>>6513838
fUUUUUUUUUUUUUUUUUCK

>> No.6514043

>>6513838

just sold 100k

>> No.6514047

>>6513896
All it takes is for one seller to sell to one buyer at price zero on an exchange to make the price zero.

>> No.6514054

>>6514004
And who do you think they are selling TO if nobody is willing to buy? Nobody is going to sell for $0. How retarded would you have to be to do that?

>> No.6514063

>>6513896
top 10 dumbest things I've ever heard

>> No.6514065

thanks i sold everything, im finally free

>> No.6514110
File: 96 KB, 1854x460, bitcoin_china.jpg [View same] [iqdb] [saucenao] [google]
6514110

>>6514026

>> No.6514114

>>6514054
If no one is buying your shit ever, then what you're trying to sell is worthless. Value = 0

>> No.6514126

>>6514065
>im finally free
not from the thoughts of knowing what you've missed out on for the rest of your life
not for long.

>> No.6514146

>>6514026
Weak hands don't deserve millions.
Also it's so funny that everyone that screams sell never understands the tech and always makes reference to imaginary internet money.

Dumbfucks, I will put it to you as simple as possible. 'Coins' equal 'Gas' to power the global decentralized network. One use of the Gas can represent money or it can do much more. I'll leave it at that.

>> No.6514150

>>6514110
now you can see what the fuck is happening. China was one of the most important investors in this shit

>> No.6514155
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6514155

>>6514065
actually not yet.
form 8949 awaits

>> No.6514161

>>6514004
Yeah but unless NO ONE has any crypto it cant go to $0.0000

>> No.6514168

>>6513838
Nice, bought 100k

>> No.6514170

>>6513838
Hopefully everything goes to zero. I'd buy 100k of each crypto

>> No.6514180

>>6514114
Then why the fuck would you sell it for 0. That's literally the same as throwing it away. There's always a non-zero chance that it will return, so throwing it away for nothing is absolutely retarded.

>> No.6514184

>>6514155
Who was computer programs?

>> No.6514190

>>6513838
I haven't lost anything yet but most of my coins are back to my original buy-in price which is super annoying

>> No.6514211
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6514211

>>6514146
>'Coins' equal 'Gas' to power the global decentralized network.
if you say so...

>> No.6514260
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6514260

>>6514110
and it's relevant how? the global trading volume didn't decimate, which means it's now VASTLY larger outside of china
it maybe has some relevance if you live in china, not much even then though

>> No.6514314

>>6514180
Yeah, but I assume that when op says
>You will lose everything when it goes to ZERO.
he means that the whole market becomes worthless and no one uses btc or anything. That obviously will not happen.
But if you're holding a bunch of retarded virtual money and no one wants to buy it for anything, in practice it's basically the same as having 0 value. Obviously you wouldn't sell it for 0. You just let it to rot in your wallet.

>> No.6514379

>>6514260
>a major country proves that its technically feasible for politicians to stop all Bitcoin trading.
"not relevant"

>> No.6514420
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6514420

>>6514211
The network being clogged as nothing to do with what I said. It's infancy tech. The internet used to take 5 minutes to load a text web page. Durrr Herrr.

>> No.6514426

>>6513838
you know, for my entire adult life I have been risk adverse. I went to university to please my family, and because I thought it would lead to a safer life--it didn't at all. I always dreamed of being a musician, but never had enough courage to ask someone for gig, or enough humility to start with open mics. I've let pretty much every woman I've been attracted to disappear from my life. Two days ago I put a $100 into something that I had a hunch about. And since then it's done nothing but tank. It may go to zero and that will be fine, because it's not all that much money--it's a lot of money to me right now, though. But for the first time in years, in my entire god damned life, I took a small stupid impulsive risk. Instead of listening to Warren Buffet and people who work in insurance companies, I tried something out. And I actually feel happy for it. I've never fucked up out of fear of what that would feel like. And now that I have, I see it's no big deal. That's valuable too, that you can realize that your biggest fears are no big deal. I suspect I'm about to make a lot of money and so are most of the people reading this--much more than me. But if I don't, I'm happy I took my shot.

>> No.6514481

>>6514379
>major country (without, things like free elections) proves that its technically possible for its unelected leaders to stop all bitcoin trading that's VISIBLE TO THEM

>> No.6514684

>>6514481
This. You can't stop it 100% and if you try it will just go underground/offshore.

The more China, Korea or the U.S. fuck with crypto the more places like Switzerland, Singapore or the Bahamas will gain. The genie is out of the bottle

>> No.6514728

>>6514426
you may lose that $100, but
i don't think you will
even if you do, i think you'll 'make it'. just from your timing and that comment, lol

>> No.6514784

>>6514684
btw did china even stop? didn't the bitcoin volume go down because they're all trading NEO today? is there a full cryptocurrency volume chart for china? binance is chinese no? and it's still pulling $4,000,000,000 daily volume

>> No.6514825
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6514825

>>6513896

>> No.6515157

>>6514825
it has to be bait

>> No.6515226

Always kinda scared to be in tether

>> No.6515241

it can crash but will never go to 0. There will always be one retard willing to throw away his money

>> No.6515315

Crypto bears are the worst. I like to believe they're pajeets trying to accumulate but deep down I know there are people actually this stupid.

Cryptocurrency is staying.

>> No.6515352

how can I lose anything if I took out my initial investment already?

>> No.6515412

>>6515315
Please tell me what cryptocurrencies you are holding.

>> No.6515425

>>6514784
Not sure... Getting any concrete numbers about anything is damn near impossible there. Their accounting is a total joke because if you tell the truth and it makes a party leader look bad there will be consequences, but if you lie and it makes everything look good you will be rewarded.

It won't stop though. People that think the great firewall is totally perfect have never been to china. I used facebook, google and youtube while I was there and it wasn't hard at all to do. How the hell could they completely stop bitcoin/crypto if they can't even stop stupid foreigners from accessing banned websites?

>> No.6515440

>>6515412
ETH and some BTC and Monero. Also FUN for fun.

>> No.6515858
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6515858

>>6513896
LOL

>> No.6515956
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6515956

>>6513838
nice try schlomo

>> No.6515997

>>6515440
Ok I can't roast you for these holds.

>> No.6516021

>>6513838
Will never fukken sell

Let it crash and burn

>> No.6516048

>>6513896
Lol idiot... if someone gives away their tokens for free the price will be zero.... amount of holders does not matter nigger

>> No.6516124

>>6514426

You have a track record for fucking up, you are suddenly convinced things are turning around with a high risk gamble. Hmmm

>> No.6516261

>>6515440
Rip Fun

>> No.6516299

>>6516261
funfair is getting a gambling license in 2018

Buy the dip, you dip

>> No.6516425

>>6513838
Thank you, I just cashed out of all my alts. I was so worried.

>> No.6516444

>>6514420
and there was never an internet bubble lmao.

>> No.6516476

>>6513838
Thanks just sold 100k

>> No.6516537

>>6516444
>Internet bubble pops
>value of all internet companies go to zero
>nobody uses the internet anymore
wait...

>> No.6517009
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6517009

Fuck it. Ride or die niggers.

>> No.6517981

Just buy EGAS and hold it...13mil max supply and the price is sub $0.10 - at $1 it will only be 13mil market cap and even if it turns out to be a scamcoin thats still 10x returns.
Take a look@ https://coinmarketcap.com/currencies/ethgas/