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/biz/ - Business & Finance

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9408295 No.9408295 [Reply] [Original]

>btc needs to go to 16k for maximalists to 2x

>> No.9408337

>>9408295
>brainlet doesnt know about leverage

>> No.9408413

>>9408337
>he needs to risk his whole for margin for a 50/50 chance of Liquidation for 10x + returns

Like the retards who longed eth at 16 dollars got liquidated when it crashed to 8$

top kek

>> No.9408418
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9408418

>>9408295

This is why we need to embrace the bear market. We want crypto to die down. We need BTC to die and alts to evaporate into nothing. Then in a year from now we will be at an all time low.

This is the beginning of the accumulation stage.

For Crypto will rise again, and it will pump as gloriously as it did in 2017! Only this time we will all be ready.

Don't fight the bear market!

The boom and bust cycles are what we need to get the best gains.

Let Crypto burn to ash and be happy, as it will rise again like the phoenix!

>> No.9408517

>>9408418
no

>> No.9408540

>>9408418
that's exactly why whales don't want to let go, no cheap btc for latecomers like you.

miners i have no clue

>> No.9408858

Who the fuck is going to pay 16k for one Bitcoin?

Valuation still occurs in USD and otheir Fiats. It's not even practical for Joe schmoes to use buying beer or even cars.

It's just a fucking scheme to wash dirty money and a way for criminals to conduct high value transactions without some LEO searching there car and confiscating the 50000 they had hidden in it.

>> No.9409043

>>9408858
Valuation of everything only occurs relative to everything else, when most transfer of value is secured with bitcoin it becomes the standard of value. Fiat is the scam, bitcoin is an open ledger. You will price legacy fiat in bitcoin.

>> No.9409380
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9409380

>>9408295
>only needs to move 1% for levarage traders to 2x

>> No.9409396
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9409396

>Maximalists think there won't be another fee meltdown if bitcoin goes up

Inb4 muh segwit and lightning
Segwit's effective blocksize increase with 100% adoption is like 3 MB. Lightning is defunct

>> No.9409446
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9409446

>mfw altcucks still think there's a future for anything outside the top 10

>> No.9409488
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9409488

>btc needs to go to 16k