Tonight we dine in 1000 edition.

buy high, sell low!

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suicide for n o c o i n e r s is 25 dollars away!

HODL.

How are no coiners coping right now? I would be on suicide watch.

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>>1693563
WOW just WOW...Haven't been looking the price for a couple of days because of the holidays.

>tfw you know you should sell but you just wanna hold

>>1693584
I bet you are, not necessary because no coins

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It's officially happening ,fuck why didn't I buy more while I had the chance

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In space, no one can hear no coiners scream.

>>1693603
Selling would be stupid.
If - IF - a major dip comes, it'll be waaaaay after the 2013 ath of $ 12k.
This current growth trend has been very consistent for 16 months, nothing like the 2013 bubble.

>>1693620
nice bait.. but im sure some nocoiner beggars would try their luck with this

WHY IS ETH UP
IT SHOULD BE DOWN
FUCK YOU VITALIK

>>1693670
these fucking idiots think this is 2013 where only mtgox existed as the only exchange and the price went from 30 to 1200 in hours lmao

people selling will get burned, let alone shorters, they will end up in massive debt.

holders will win as always

So how do you buy a bitcoin? I'm pretty new to this

>>1693511

SPARTAHHHHHHHNSSSSSSSS

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>>1693620
you've ruined this thread with your bullshit

The trend is doing a healthy consolidation cycle, and then it's straight for $1k and beyond.

If you want to get in, now is the time.

$1k is normie awakening time.

Should i get in now? Serious question.

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>>1693511
I think it might be a few more days before we get to $1000, maybe even a week or two.

We've had some great gains in the past two months, a short term dip before the next leg up is quite possible.

>>1693620
kek <-- this one
kek
kek

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>>1693511
I've got 61.6 BTC and I'm still buying more. I bought my first in 2012, still holding.

I now put every spare dollar I can into Bitcoin. I've given up drinking beer, smoking weed and eating out just so I have more money for coins.

I have a hole in one of my work shoes, and when it rains I have a wet foot. But I will not shell out on some new shoes because I can put that money in bitcoin and watch it grow.

I was wondering if I'm insane, but even the coins I bought 1 months ago are 20% up.

>>1694584
Yes. See >>1694582

what happens if a hoarder dumps 1bn worth of bitcoin?

Total collapse?

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>>1694609
A big price crash I guess. But no one has that much, the market cap is only $15 Billion.

Maybe Satoshi himself has that much, he's the only person I can think of.

>>1694609
There are no such hoarders.

Look at the growth rate over the past 16 months, it's been steady growth with a few typical peaks and valleys.
If someone pumped a retarded sum like 1bn into bitcoin, that person must've been doing it gradually over an extended period of time.

Nobody with that kind of money plays that kind of long game with something so new and volatile as buttcoin.

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>>1694591

Bitcoin Price Can Reach $1,000 Before New Year, Hits $990 in China

The price of Bitcoin in China went past $990 this afternoon, as Chinese investors continued to push high volumes in local exchanges.

Most investors at this time of the year are hoping to evade capital controls and circumnavigate cash restrictions, as noted by Holger Zschaepitz, financial author and editor of Welt.

Analysts revealed that Bitcoin hit record high volumes this past week, which ultimately led to its price rally and pushed the price of Bitcoin to increase by over 20 percent. Zero Hedge suggested that Chinese investors are anticipating further yuan devaluation and the tightening of capital controls, caused by the rising rates of the Federal Reserve and increasing cash outflow as the New Year approaches.

https://cointelegraph.com/news/bitcoin-price-can-reach-1000-before-new-year-hits-990-in-china

>>1694618
>>1694615


Well. I was thinking about Satoshi himself. I'm looking at it from another perspective, for I am not an economist. No one would play a game that long with money, but what about those who mined it in the early days?

It doesnt need to be one person. If the prices keep getting higher and higher and everybody decides to sell it all at once (like many around here are planning to do), wont the whole thing go down in flames?

>>1694638
Well yes, and if everyone on earth decided to become NEET all at once the entire system would go down in flames.

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>>1694638
>
well, yes. But this is kind of a dumb question. Anything would go down in price if there is mass selling.

A better question is: Will there be mass selling? Will there be mass buying? What are the driving factors?

>>1694656
976
don't need money, i'll just be right

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what did we do to deserve this?

>>1694609
Don't know if you meant maliciously or simply to get a profit
he would probably not sell all his coins, start a panic and end with a shitload of bitcoins that worth nothing anymore.

If you can't short the bitcoin with a derivative, or whatever, you have no interest in dumping mass amount of bitcoin you own. If you're smart, you would sell them steady but slowly to do no harm to the price of the commodity you own.
It's not forex, it's more about balance between actual buyers and sellers, right now I think it's buyers who think they still have a profit to make, and sellers who already made a profit.
At some point the sellers could be a lot of people wanting to get their profit out of the coin, and could reach a critical mass for panicking effect.

>>1694716
>elected dude weed man for pres
>hurr durr what did we do?

>>1693670
>This current growth trend has been very consistent for 16 months, nothing like the 2013 bubble.


IT IS DIFFERENT THIS TIME GUYS

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>>1694719
i didnt vote for him

fuck the trudeaus they hate the french they put tanks in our streets

>>1694722
>1-month spurt = 16-month growth

How stupid are you?

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ARE YOU READY /biz/?

>>1694716
inflation, only way to avoid is it to buy btc

buy the dip faggots

>>1694809
we're going down relax

>>1694816
the more noobs that fall into the bear trap the quicker we'll be over 1k tbqh famalampai

Right xD

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>>1693511
lol @ faggots in this thread thinking selling is like pushing a button

no one will buy your shit all at once and for that sum it will take literally months just to sell 100 btc enjoy your "profits"

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>>1694845
>when he realises that most exchanges have 10k bitcoins + traded per day

>>1694854
that would be good if one person could trade 10k btc per day instead of 100k peoplke trading 0.1 per day

i bet the majority of the faggots spamming cope have less then a few grand in btc. you cucks are pathetic

>>1694880
a few grand btc today is worth millions tomorrow.. keep coping

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>>1694872
wtf i hate crypto now

everyone go home guys, its over

>>1694887

by tommorow do you mean in 50-100 years.. possibly? stay delusional kid

>>1694801
It's been dropping slightly.
Waiting for more of a bottom before scooping up any more. Minor correction and then to the moon bitches

>>1695126
yeah, i think we could get a spike down to 950-940, then a wick back up just as fast.

don't fall for it, or sell now and place buy orders a few dollars lower if your feeling lucky

>>1693511
if I put 400€ in btc now wil it make a reasonable profit overnight?

>>1695204
probably

>>1695204
100 in now, and put 100 euro buy orders every 5 euro down desu

>>1695207
how do I do this? And where do I find the actual price?
When I check coinbase its 953.3$/btc?

>>1695211
coinbase will only let you buy 250$ max if you just created your account

you can try coinmama but its own by jews and they take 5% of every purchase

>>1693620
13mSaUmxfbHQzWiVT6Ah1utWC12oVUQUdR

we climbing back up boys

>>1695288
siting just next to you in this ride, dude

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>>1695288
>>1695290
L I F T O F F

GET REKT SHITTIES COINFAGS BTFO

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>>1695413
nocoiners mad af as usual

>>1695413
Guys I don't know if I can take it. My btc profits are at over 50% since I first bought in september. I'm so rekt right now. Completely BTFO.

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>>1693511
>how can nocoiners compete

>>1694600
You are insane, but there's a real chance you'll be both rich and insane one day. Rooting for ya buddy.

>>1694600
Godspeed anon :)

>>1694600
Do you keep a close enough record of your purchases to say your total % gains since you started?
Do you do any trading to grow your BTC hoard or is it strictly a buy-and-hold strategy?

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>>1695596
>>1695602
>>1695608

Thanks brothers.

Yeah I keep track, BTC's been a 20 bagger for me so far, that is 2000%, approximately, over 4 years.

I did some day trading of alt-coins for a while. Lost about 20% of my BTC on this foolishness, an expensive lesson.

Bitcoin has value, the world hasn't realized this yet.

Yes, we know it has amazing value as a new form of money, but for example, 99.99% of Indian or Venezuelan people still haven't heard about Bitcoin. It is the solution to their money problems, they just don't know it yet.

Be right, sit tight. Be strong, go long.

Day trading, or alt-coins are too random, like playing lotto.

>>1695493

holy 50% you probly made like a couple hundred bucks!! nice man!

>>1695824
anyone holding 21 will be rich as a motherfucker in 10 years

I just bought 2.5 bitcoins with my poor savings
This better hit 2000 by February

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>>1696079
Holy shit! Good luck man.

To be buyers there have to be sellers, let that sink in.

>>1695824

Lel I just picture an Indian market where some guy is trying to buy a chicken with bitcoin and the shopkeeper has no idea what he's talking about

>>1693511
i make more at chipotle than the earnings and investment u put into shitcoin

>>1695505
Teach me senpai. Any perspective of the Chinese gov. regulating/forbidding bitcoin in 2017?

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>have 5 bitcoins and 3000€ in my coinbase account
>if bitcoin keeps rising I get richer
>if bitcoin dips I can buy in cheap again and get even more bitcoins for the next rocket
I literally cant lose

what are you guys using to get alerts when price are low? coinbase alerts are not working on my iphone for some reason

>>1696564
>have 5 bitcoins and 3000€
>rich

/biz/, never changes

>>1694638
Any investor with real amounts would never do this because it would cost them money, slow and steady release.

>>1695959
Holding 100 regardless to worthlessness or complete riches I figure in 10 years along with other investments if bitcoin goes to the heights I believe I'll be able to retire with a massive passive income.

>>1696573
100 is a sweet number for 99.99% of people can't get there anymore.
90% can't get to 21, still rich.

>>1695959
try 210

>>1696738
just last year 21 btc was only 5k

we climbing back up boys

>>1697098
this wasnt much of a dump but its still a long way to 1k, itll either happen quickly in the next 24-48 hours or itll be a long and slow chop for the next few weeks.

>>1697124
1-2 weeks is fine for me

i need some time because coinbase is retarded and has a buy limit and i dont feel like giving 5% to coinmama jews

>>1697143
coinbase still takes a huge %, they upped it by 1% or 2 a few months back. better wire money in and buy via gdax if you have to use cb

look at all the bluepill coiner millionaires in here!

>>bluepill
nice meme :)

>>1697157
i'll look into this
thanks senpai

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keep the volume up im printing

>>1697159

>calling yourself a millionaire when your probly a broke college student with a few hundred dollers worth of bitcoin

coinfags not even once

>not buying waves
Ha maybe your 1 900$ bitcoin will turn into 1 1400$.. But WAVES is at $0.23 right now and will EASILY reach 1.00$ by the end of 2017. 40% gains vs 400%+ gains. Bitcoin can't just keep going up with no correction ;)

>>1696547
its a simple stock analysis i did on AAPL (Apple Inc.)

fuck bitcoin

>>1697587
people on /biz/ dont understand the business cycle

>>1697773
>>1697776
give quads please

All ETH bag holders have tunnel vision and Bitcoiners are arrogant pricks. If you're smart, learn to move the profit somewhere else that still has room to grow.

https://blog.wavesplatform.com/waves-community-tokens-e9e8b5db0b49#.l7cdwa1is

>>1697779
Nobody's falling for your shitcoin. Gl going to zero.

>>1694600

You're kind of stupid, I doubt you will grow rich, but good luck anyway.

>>1697788
Look! here's a butt hurt bag holder. Send me your eth or btc address so I can send you some of my coins your way and you can buy a rope to hang yourself when you realize it's too late.

>>1695824
>Bitcoin has value, the world hasn't realized this yet.

Except it's proven to have no value but to be a speculative instrument for gamblers.

E-commerce adoption will never happen.

>>1696569
why do faggots like this think they are achieving something by belittling random people on a stencil sharing otaku figure painting forum?

literally get a grip of yourself. Success is 99% attitude

>>1697779
waves is literally yet another run of the mill altcoin, development is slow and amateur, and the dev(s) have already received their money upfront, oh and theyre also from some shady country. theres nothing waves has that a better more capable team cant recreate and deploy before waves even releases something worth talking about.

>>1697773
>Ta on aapl
>Ta
>Lul
>Still manages to fuck it up

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Can I keep my money on Coinbase and think that it's safe there?

>>1694723
He is a God among men.

>>1696769
just 3 years ago 21 btc was 10$

>>1697843
>chinese and other cucked countries saving their wealth thanks to btc
>no value
>implying we need ecommerce adoption to reach moon

out

>>1698960
yea, but the 21btc meme isnt centered around people who bought in when bitcoin was sub-dollar. which is why i think 210 btc is a more reasonable amount.

>>1698984
-1million people is an elite tier group

its impossible you dont end up rich eventually

>>1699080
it will be incredibly difficult to become a millionaire on 21 bitcoins though. given how easy it was to aquire 21 bitcoins last year they'll be tremendous resistance on the way up and personaly im not interested in a 10 year wait.

>>1694719
Notice how the currency appreciates when he takes office

Dumb yank

>>1695824
>Be right, sit tight. Be strong, go long.
PING PONG

>>1699090
21 btc is 20k+ dollars right now

who the fuck can spend 20k dollars in bitcoin?

and more importantly, those who could, how many of them will actually pull the trigger?

exactly

sure, noone wants to wait 10 years, but tell me another investment that has real potential to make you a millionaire in 10 years or less.

btw, excel 2017 officially supports bitcoin


>Bitcoin currency support

>In 2017, Excel will be able to recognize, format, calculate, and analyze numbers expressed in Bitcoin currency. The new feature will be available for Excel running under Windows 10, Android, Mac OS, and iOS, and will include Excel Mobile versions as well.

the suicide watch is real

What is the best way to hold Bitcoin?

>>1699100
i thought it was clear but only a year ago 21 btc was just 5k. thats my point, and this is coming from someone with six figures in bitcoin/crypto assets. im happy to wait 10 years to become a multi-millionaire, but 10 years for half a million isnt for me.

>>1694600
Bought in 2012 and only have 61 coins?

>>1699334
probably bought a fixed number of coins instead of a dollar amount

>>1699254
your hands work good for a little while but i find that it gets tiresome so you might wanna buy a box to hold your bitcoins

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>>1699254
late to reply but I bought a trezor, it's a small piece of hardware that takes your bitcoins automatically into cold-storage, works with several web-wallets. there's a pin matrix on the hardware screen that scrambles and interfaces with a blank matrix on your computer so you can't be key-logged

>>1693519
buy high, sell higher. 1000 to 2500, then margin that shit x20. Get mega rich.

Nocoiners and morons mocked and ridiculed us bitcoin holders when price was $220 for over a year.

They're not laughing anymore

They're coping and having a lousy new year

>>1699298
What other investment would you suggest for 20000% gains in 10 years?

>>1699503
*2000%

>>1699298
well you are already balling, I wish I had 6 figures

i started with 0 and now got 15 BTC, my goal is 21 before its too late

if you have more ideas to get rich quicker im all ears

risking it on the altcoin market seems increasingly stupid, no big coins anymore

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>>1693511

Bitcoin is inferior shitcoin

Monero was here.

>>1699524
monero indeed will have a great future...It has started showing off from the rest of altcoins. Serious work is being done...

>>1698668
bump. I would think encrypted online storage is safer than a hardware wallet that could get damaged or stolen.

>>1699823
Oh wait, never mind. Once Trump becomes president China will ban Bitcoin and you guys will be left holding the bag.

http://qz.com/875391/bitcoins-bull-run-faces-one-gigantic-question-mark-heading-into-2017/

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>>1697779
another day, another shitcoin

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>>1699524
in time, zcash will make monero look like kids stuff.

is it too late to buy bitcoin?

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>>1699930

impossible, its inherently inferior and only has hype, just go find a random comparison in the internet and read yourself: https://moneroforcash.com/monero-vs-dash-vs-zcash-vs-bitcoinmixers.php

>>1699503
if i had to start from scratch now i would probably throw some money into a bunch of altcoins, it would be a huge amount of work though just checking the charts every day, which is why i like bitcoin because i ve just been able to leave it alone.

>>1699514
i wouldnt risk it all on altcoins but if you want to get rich quicker youre going to have to try your hand at trading them. just last week look at etc, went up 20-30% or something crazy. its the "small" coins you want to be aware of really. but yea dont gamble on that shit if youre not comfortable with it. just holding bitcoin like you said will be fine in the long term, at least i believe so anyway.

>>1699524
Monero is a meme, its dynamic block size will make the network centralized if it gets anywhere as close as Bitcoin tier transaction volume and that is still small.

BTC is king sorry.

>>1699984
what bunch? most are shit if not all.

Maybe months ago you still had some alts worth investing in, but all the memes have been beaten already (the anonymous coin meme, the smart contracts meme, the hard forked meme, the "comical coin" meme....) what the fuck is next?

>>1700010
still lots of coins not supported in china, most of etc's pumping is down to chinese adoption. im not saying throw money at alrcoins for the long term, long term i would bet most alts will trend to zero due to their nature of always competing against each other, but short term theres money to be made

>>1700017
What do you mean coins not supported in china?
as in not included in yobit?

Was ETC recently included in china and thats why it pumped?

What "big" alts aren't yet added in chinamen exchanges?

Will Waves even show up in polo?

The Yuan just hit 7k on Kraken.

That counts for something, right?

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RESISTANCE BROKEN 1000++ INCOMING NOCOINERS ARE BURIED

$ 1k on kraken lol

>select all squares with fireworks

GET IN HERE TO TALK ABOUT BTC:
https://discord.gg/rraZ9

>>1699828
CCP pointing to heavier capital controls would panic investors into getting their money out of China, which would mean a lot of Bitcoin demand

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DAMN

https://www.youtube.com/watch?v=X6lPKQ_mOl0

ONE THOUSAND FUCKING BITCOIN

ALL MY COINERS GO SO CRAZY IN THIS FUCKING BUILDING

SWAG

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how many more dips till nocoiners learn?

>>1700099
Kek wills it!

No coiners absolutely on suicide watch.

CANT WAKE UP.

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>>1694609

That would be...unfortunate, wouldn't it Anon?

i've seen a few posts mocking the claim that it's not possible to "cash out". as in, move your dollar balance out of an exchange and into a bank account.

so it's doable? exchanges don't have cash withdrawal limits or other "problems"? bank won't freeze the account for [some reason]?

>>1701372
I'm on Kraken, and currently I can withdraw $ 25k per day, and $ 200k per month.

You just have to provide a bunch of ID information to them.

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>>1701372

I'm concerned about this too.

If I had $20,000 in BTC and decided to cash most or all of it out, wouldn't that look shady as fuck to the bank?

On the other hand, there are precious metals dealers like JM Bullion who take BTC as payment, so guess I could buy 18 or so ounces of gold with it instead as a sort of pseudo money laundering, but what then?

>>1701375
that's encouraging. have you gotten any money out lately?

>>1701381
I moved about 10k around a couple of times between my bank account, Kraken, and my wallet just to get the hang of it.
Works flawlessly.

Since you seem to be new; here's a protip: never leave your coin on any exchange website, put it in your wallet.

I'm using electrum with 2 factor authentication, on a USB, and backed up (with encryption) on a disconnected external harddrive.

Here's how: http://www.w3bdeveloper.com/how-to/how-to-store-bitcoins-on-a-usb-drive-using-electrum/

The link to the electrum wallet is in there.

Bought a grand of Trump at 2000 sat, sold at 12000. Put it all into waves ico, sold immediately for double. Should I bother keeping my day job?

>>1701427
Shorting this stuff is extremely risky, even (or especially) during strong uptrends.

Experienced traders have lost hundreds of thousands of dollars trying to short bitcoin during the latest bull run.

should I buy now?

On one hand its gonna be on the news soon/people will see it on the news soon.

Does that mean they will all sell cause they were planning to sell at $1000
or
does it mean more people will buy?

>>1701445
I re-bought yesterday, made 700 euros since.

If you look at the growth trend of the past 16 months, it's very obvious that bitcoin is at the very least shooting for a new ATH.

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dead nocoiners

>>1701525
if they were half decent you could employ people? :thinking:

>>1701445
Buy & hold.

>>1701593
This.

Try shorting bitcoin with 10 bucks or something, just for fun.
You'll soon understand why simply holding is such a smart idea.

>>1701389
And write the seed words on a real paper

>>1701618
Definitely. Two pieces of paper, in different locations.

>>1693511
Do you though?

>>1697587
New fag here, what is WAVES?

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>>1702480