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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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File: 93 KB, 1600x826, pinkowojacko.png [View same] [iqdb] [saucenao] [google]
8215554 No.8215554 [Reply] [Original]

8K BREACHED HOLY FUCK WE'RE GOING DOWN AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>> No.8215570

are you from the future or something?

>> No.8215584

>>8215554
Fuck you i was geniunely waiting

>> No.8215610
File: 452 KB, 606x604, REEEEEEEE.png [View same] [iqdb] [saucenao] [google]
8215610

>tfw we're actually getting close to dipping into 8k territory

>> No.8215621

It’s over 9 autist

>> No.8215629

holy fuck that's brutal, what just happened

>> No.8215631

>>8215610
>>8215584
>>8215570

I figure I'd post it now so my thread would be first and everyone would use it

>> No.8215633

what the fuck

>> No.8215641

HERE COMES THE DUMP

>> No.8215649

>>8215554
MOMMMYYYYYYYY

>> No.8215654
File: 9 KB, 225x225, 1515826587904.jpg [View same] [iqdb] [saucenao] [google]
8215654

And yet the exchange closet to my home still sell for 9.8k.

>> No.8215684
File: 1.60 MB, 480x480, 1504562262076.gif [View same] [iqdb] [saucenao] [google]
8215684

>>8215570
>invent time machine 2 days from now
>travel back 2 days to wojakpost on biz to warn about btc crash
>no one listened
>infinite wojak time loop begins

>> No.8215700

ITS UNDER 9000

>> No.8215711

Aaaaan we're back ! Bitcoin is never going under 9100 ever again !

>> No.8215741

That was fast.

>> No.8215752

>>8215654
QuadrigaCX is still $1000 overpriced. Fucking stupid chinks put 100 + btc walls for no reason

>> No.8215754
File: 6 KB, 180x144, 1514831775022s.jpg [View same] [iqdb] [saucenao] [google]
8215754

>>8215554
>opened a 25x short at 10800
>panic closed at 11000
literally shaking rn bois..

>> No.8215760

Fuck yes go go back to 6K need a sale

>> No.8215765

Honestly this is a critcal time for Bitcoins.

>> No.8215781

>>8215765

Elaborate

>> No.8215786

>>8215754
I feel you... I shorted from 10707 and closed at 9700, just opened a new short at 9350.

>> No.8215811

AAAAAAND WE ARE RECOVERING

>> No.8215831

>>8215781
If it keeps going down it's bad for bitcoin.

>> No.8215852

>>8215781
critical

>> No.8215871

god i hope this piece of shit just dies

cant we just collective move into eth as our store of value? lets leave the fucking mt gox fagots bagholding

>> No.8215892

>>8215871
There are bitcoin mining operations at an industrial level all over the world anon. Can they just switch to ETH so easily?

>> No.8215905

>>8215892
fuck them

>> No.8215912

>>8215752
Quadriga is pretty usually ok, but the prices always seem delayed. I'll be going with CoinSquare for this one.

>> No.8215939

>>8215912
Good that's my cash out exchange.

>> No.8215946

>>8215554
dont worry guys "it will never drop below $10k again"

>> No.8216009

>>8215912
it's not really a day trading platform, but it's still profitable to get in and out of positions if you leave btc on that exchange.
i've seen prices that amount to $2000 differences before (especially at night). sometimes bots come and scoop up the orders, but sometimes they don't.

>> No.8216076

DUMP IT AAAAAAAAAAAAAAAA DUMP IT TO THE GROUND

>> No.8216094

>>8215912
Coinsquare is even worse. They always seem to add 150$ to the current price. There is no API. Also the fees are way to high.

Transfer BTC = 0.0025 (flat).

>> No.8216098

FFFFFFUUUUUUUAAAAAAAAARK BTC REALLY IN THE 8000's I THOUGHT YOU WERE TROLLING

>> No.8216106

ITS 8K HERE AND WE'RE NOT GOING BACK!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

>> No.8216150

>>8215765
critical if true

>> No.8216153
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8216153

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>> No.8216158

Guys I tethered at 11.5. My money's safe right? I mean a bad crash won't crash tether will it?

>> No.8216208

a dip and its not even friday yet we're hitting 6k this sunday

>> No.8216255

What price would btc have to hit for huge mining operations to no longer be profitable? Like 5k?

>> No.8216306

https://www.youtube.com/watch?v=oIscL-Bjsq4

>> No.8216331

>>8216158
lol, tether is a scam. Have fun with having no money

>> No.8216400

>>8216255
their rigs are long paid off

>> No.8216422

>>8216094
I had to give up Quadriga because my bank blocks them, and after looking at a bunch of others, it was down to CoinSquare or ezBTC, and I trusted Coinsquare more. They take 2.5% on fiat deposits and they charge 0.005 ETH for withdrawals, it could be worse.

>> No.8216469
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8216469

>>8215641
its time...

>> No.8216475

>>8215781
The entire market will lose it's confidence. Sell offs by automatic bots followed by human panic. Recovery will not take place probably until one of the blockchains actually get real use and people buy it to actually use it and not just to sell it for higher. BTC crashing will be the end of crypto for a least a year minimum.

>> No.8216511

>>8215554
true if big.

>> No.8216619
File: 2.01 MB, 640x360, 1516068542191.webm [View same] [iqdb] [saucenao] [google]
8216619

Nuclear winter has begun.

>> No.8216776

>>8215554
Hold on, you guys actually own crypto? I thought this entire thing was just an elaborate inside joke.

>> No.8216790

>>8216619
lmao nice

>> No.8216918

>>8216776
You're thinking of Chainlink.

>> No.8217057
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8217057

>>8216153
WEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE

>> No.8217250

>>8216255

It depends on how much electricity costs in the area, and how much of it you can obtain.

Also, you're gonna need some slave labor college kids, or at least niggers that know how to read, so they can keep an eye on the op for you, because setting foot in there is dangerous as fuck, and maintenance is a nightmare. Tempt them with the offer that they can live in the rig central in exchange for running the shit.

>> No.8217344
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8217344

MY GOD

>> No.8217363

>>8215554
I shorted.

>> No.8217375

>>8215554
Threadly reminder Mt. Gox has only sold 400 million thus far and has another 1.9 billion to liquidate.

If you buy and drive the price back up, you are giving money to the Mt. Gox liquidators.

You are ratarded if you haven't sold already.

>> No.8217411

>>8217375
You are "ratarded" if any of this is news to you.

>> No.8217497
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8217497

>>8215649

>> No.8217503
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8217503

WHAT THE FUCK IM BELOW MY ORIGINAL INVESTMENT HOW COULD THIS HAPPENNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNN

>> No.8217545

>>8215554
AAAAAAAAA AAAAAAAAA AAAAAAAAA AAAAAAAAA AAAAAAAAA AAAAAAAAA AAAAAAAAA AAAAAAAAA AAAAAAAAA AAAAAAAAA AAAAAAAAA AAAAAAAAA AAAAAAAAA AAAAAAAAA AAAAAAAAA AAAAAAAAA AAAAAAAAA

>> No.8217579

>>8215554

Do you ever stop to wonder why the market crashes and burns the moment anyone tries to sell their crypto in a meaningful amount?

It's almost like nobody actually wants shitty pieces of computer code, and you're all being scammed.

>> No.8217658

Peeps be sayin' this the dip before the rip. Buy during the fire sale. Accumulate and wait, bitches!

>> No.8218242
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8218242

>>8217411
gotta make little spelling errors if i want to keep spamming it

>> No.8218296

>>8217250
in reality the team working in a vast mining farm mostly makes good money

>> No.8218326
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8218326

>> No.8218547

Each S9 miner right now is making about 8-9 dollars a day. Depending on power cost it cost 3-4 a day in power cost alone.

>> No.8218712

ummm guys ...

>> No.8218734

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>> No.8218738

under 8.7k im literally crying guys

>> No.8218829

time to buy the dip amarite boys hahaa...

>> No.8218880

>>8218829
Not a bad time. I wouldn't go all in, but if you intended to buy more, this seems like an ok time to put in a third or half of that, whatever you're comfortable with. If it go down more, you can put the rest, and if starts rising soon (kind of doubt it desu but you never know) then you can just put the rest of your money in the next dip.

>> No.8218962

There's actually a strong historical support line at about 8k. BTC has been shooting slightly through support lines before it bounces back lately, because of the complete lack of confidence in the market. If BTC dips below 7.5k though, there's actually no floor. If it bounces off 7.5k to 8k, we might see a short retrace to 9k-10k before the complete crash.

>> No.8218991

>>8218962
so, if i'm reading you correctly, there is VERY strong support at 8k?

>> No.8219010
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8219010

J U S T

>> No.8219053

>>8218991
Wouldn't say that... for a couple reasons. First, BTC has been shooting through support lines like I said before. Second, that support line is from a time when assumptions about BTC's price were different than they are now. The last time that support line was tested was at 6k, and it somewhat held then. However, assumption about the market are pretty different now. A very pessimistic attitude has taken hold and its possible the market could behave in a very different way from the past.

>> No.8219213

>>8216619
laughed aloud at the bag

>> No.8219255

>>8216619
underrated

>> No.8219266

>>8215554
was 6k a month ago, who cares, shit bounces around, nothing to worry about

>> No.8219452

>>8215754
If you're daring, you could short now. But that would be far more risky.