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Archived threads in /biz/ - Business & Finance - 3175. page

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So... some people ... like John McAfee and others say BTC will rise to the moon by 2020... or at least rise even more.

This poses one question, how will BTC be accepted by the majority of the people, when a small minority already has all the coin.

If half of the coins are in the hands of some random chinese miners and some are in the hands of some tech savvy kids who happend to join the hype train early enough...

How will the coin "BTC" have real value when nobody of the rest of the world will be able to "afford" it anymore.

In my eyes... governments will simply work together and create a "semi" official crypto-currency that will then be exchanged with the FIAT on a certain fixed day for a fixed rate and then ... BTC will be worth "fuck all".

Opinions?

The bubble is real? Isn't it?
10 posts and 1 images submitted.
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>Muh digital revolution
>Muh fuck bankers
China controlled currency with an known (((creator))).

yes
>>
>The bubble is real? Isn't it?
hope so i just sold 100k
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>>2821878
They already have done.

It is called Ethereum.

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Why can't people accept that neither Segwit or UASF are the way to solve the scaling problems and the only true way to save Bitcoin is to promote better infrastructure and run more nodes. If even 1/2 of all users ran nodes we would be fine.
6 posts and 1 images submitted.
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>>2821877
Sell the news
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>>2821877
What's the point in running nodes? They don't make money.
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>>2821877
What's wrong with segwit?

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I have 50k in cash in my bank, USD. But I don't know what to do with it. I don't want to fuck around with shitcoins, I already used some of the money for that.

Would putting a lot of it in bitcoin be a good or bad idea for long-term? Like buy 10k-20k worth of BTC and just sit on it? Or would this be too risky?

Or maybe just wait for a mega-crash like a few years back before I do?
7 posts and 2 images submitted.
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> Or maybe just wait for a mega-crash like a few years back before I do?

We just had a crash dude, you missed your chance to buy. You can still get in on the train, it's gonna hit $3800-$4000 within 6 months.

You won't get those kinds of returns anywhere else. Double your fucking money, withdraw half, and then do it again. What a time to be alive.
>>
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>>2821876
>>
>>2821897
Do you see me laughing

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Submitted 110 job applications for state positions in the last 2 weeks. Am I fucked?
9 posts and 1 images submitted.
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why don't you start investing bitcoin
it's promised to be 500K in 3 years!
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>>2821829
I have 150K GNT and I'm holding that until 2030. I want a fucking job. IDGAF about crypto.
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>>2821817
So your goal is to be a wagecuck?

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https://blog.wavesplatform.com/waves-launches-ether-gateway-c5b2b2579991

See you on the moon
39 posts and 4 images submitted.
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>>2821793
thinking about selling my LTC and buying ETH. Will it go back to 300$?
>>
Big if true
>>
>>2821812
It's true

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My dad's a state attorney and my mom works for a large financial bank. They told me yesterday that I need to pull my funds out of crypto by the end of the year. State & Federal regulations are in the works to make buying/selling crypto harder to do in the United States.

1. Banks will no longer allow users to buy crypto from known exchanges or allow deposits/transfers into your account from known exchanges starting January 1st.

2. Banks can close your account if they find out you bought or deposited money from crypto exchanges.
112 posts and 24 images submitted.
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>>2821792
Nice just sold 100k!
>>
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Just 100k nice ! sold
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>>2821792
1. Order a bitcoin card to a Mexican postal address
2. Regularly go to Mexico to withdraw from their ATMs
3. Profit!

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>tried shorting BTC last night for the first time
>thought I called the top at $2300
>immediately close short after losing just $1
Am I doing this right?
10 posts and 3 images submitted.
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>>2821760
No, you have to sell low and buy high
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>>2821760
Shorting BTC is incredibly risky. I wouldn't do it unless I was an idiot.
>>
>>2821760
shorting a bull run is tricky business. only do it with microamounts to validate strategy. If you do it right a few times, increase amounts.

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Did you forget about me, /biz/?
7 posts and 3 images submitted.
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>>2821729

nope, mining you right now as we speak, doge-cun
>>
nice, just bought 100k
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>>2821729
made 5,5k with it

thanks doge <3

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>Coins are mooning daily on various exchanges and /biz/ doesn't even report on it.
So what happened to that "listen to /biz/ and get rich" meme?
11 posts and 2 images submitted.
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You're a few months too late. Before the traffic increased sharply we used to collectively pump coins as a board and share a lot of good and bad info. Now it's just the latest meme coins and a few hidden gems.
You can still make it, just sort the board by new and cross reference anything you buy on Twitter. I'm too lazy to dmor but this strategy has proven to work for me
>>
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>>2821723
The thing is to predict those rises while the coins have not reached an ATH. It's not easy, let alone doable with 100% accuracy, but kinda possible. The trick is to look at the recent change in volume and trade history, as well as buy and sell walls.
>>
>>2821723

Usually the coins that biz shills heavy do really well.

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FLIPPENING IS REAL
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Explain this to me as if I were potato
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50k BTC worth.? Got damn!!!
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>>2821669
so do I buy or sell 100k BTC

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You have 35 minutes to explain why you aren't investing in Metal. It's essentially a better version of Potcoin but much much more... It already has 140 weed dispensaries onboard and ready to start using their systems.

https://www.youtube.com/watch?v=dLkfjuXgLIU
23 posts and 2 images submitted.
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Yo wtf, why didn't Francis upload this to his main channel?
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>>2821742
He has two channels. I just discovered that recently aswell. This channel is full of the real info that has actually made me huge $ like his eth vs btc vs tether video a few days ago.
>>
>>2821746
Thanks dude, subscribed. Have you heard anything about his paid group he shills on Twitter sometimes?

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Anyone else starting to feel like 4chan is harming their life more than it's helping them? All the bullshit on this board for example made me lose money on cryptos against my intuition.

I feel like I'd be much better off both time and advice wise if I had just used other websites.
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such as ?
>>
>he didnt buy the dip
>>
>>2821655
It's still a randlm walk tho

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Does that mean China is just playing us like a fiddle? Are the chinese merely doing some sort of long term pump and dump?

Can someone clarify what this meabs for tge near and far future? I follow this closely usually but I have kind of ignored crypto since august.

Is there any actual useful shit that has been actually made or is it still all dreams whitepapers and icos?

I saw it correct august recently but am curious as to where it may be going.
7 posts and 4 images submitted.
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ITS ALL OVER WE ARE CRASHING AGAIN
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>>2821641
Sauce?
>>
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>>2821634
>Can someone clarify what this meabs for tge near and far future?
500k per btc

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BITCOIN IS LOOSING MOMENTUM, I REPEAT, BITCOIN IS LOOSING MOMENTUM

LAST EXIT POINT, GET OUT NOW
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kys
>>
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noooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooo
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I actually agree with this. This is the top before the weekend. Maybe it goes up to 2450 but yeah I'd be looking to get out too

>YOU CAN'T BUY ANYTHING WITH BITCOI.......
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>>2821560
>fees out the ass
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>CVV on the front side
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>>2821560
check dem fees

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