$ (BTC) The Bitcoin Thread - NO SHITCOINERS ALLOWED

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Yuri_ said:
Welp.......... this bullrun turned out to be a disappointment. I was expecting 100k bitcoin at the very least.
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yup. You and everyone else. Instead it looks like we're going WAY down. Good for accumulation, nice opportunity to prepare a neat little sum for 2030. Sucks for anyone wanting to get rich more quickly.
 
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Ahriman said:
crypto falling wojak screaming.gif


AAAAAAAAAHHHHHHHHHHHHHHHHHHHH
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This, but yet again

We're going under $30k boyz, hope everyone's sold off
 
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Fucking awesome. The price is dropping and I have 7k in checking
Just need it to get below 30k again...
 
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Leonardo DiGenova said:
Thank god I invested my apes into offshore luna while sifting them silently into tether and laundering them into $SOAP, anyone who stayed with tether after the guy with an ape cartoon as a twitter handle said it was a soft hand bitchcoin

no-soapers on suicide watch
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NO SHITCOINERS ALLOWED BITCH DID YOU SEE THE THREAD SUBTITLE?

REEEEEEEEEEEEE! REEEEEEEEEEEEE! NORMIES GET OUT! HODL HODL!!!!

100 WOJACK POST INCOMING
woj.png
 
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Maurice Caine said:
There won't be anything left by 2030.
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Been thinking about it, choyna just nuked all crypto and the cryptodollar might be around the corner by which time burgerstan will ban crypto too, same with yurop and basically any relevant country that will eventually make a state-sanctioned crypto

Libertardians like to larp about p2p and going underground cash4crypto but 99.999999999% of all the normalfags who basically turned crypto from 5 nerds buying a pizza with half a million btc to what we see today will freak the fuck out and dump everything the moment they cant use a pretty app on their phones and have to move to command line shit like in 2009, when exchanges disappear and they cant wire their banks anymore and have to instead meet some smelly fat perv on an alley to exchange their fagcoin for fiat money

That without counting the ones soured/anheroing after the btc they bought at near 60k gets nuked
 
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Cool Dog said:
will freak the fuck out and dump everything the moment they cant use a pretty app on their phones and have to move to command line shit like in 2009, when exchanges disappear and they cant wire their banks anymore and have to instead meet some smelly fat perv on an alley to exchange their fagcoin for fiat money
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As someone who has used Bitcoin in a retail environment, I completely agree.

If you can't turn your Bitcoin into a sandwich or a hammer at your local market, bitcoin (or any crypto) becomes effectively useless.

I have actively cautioned some of my friends who are more into this stuff than I am with regards to threats to ban Bitcoin. They don't have to track down individual owners, they just have to put a choke-hold on businesses and that will end any meaningful threat Bitcoin posses.

Is Bitcoin (and crypto as a whole) useful right now? Yes. Will it be useful in the future? That is the real bet.
 
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I'm just going to continue to hold and add a little every now and then. Though I'm the same idiot buying into Palantir now for some reason when I don't own any non dividend paying stocks otherwise.

The biggest threat to crypto is the panic selling, because it can give government an opportunity to ban it with support. Had they tried to ban it when things were going good, a lot of people probably would have put up a big stink because it would be hurting their investment and could pressure the government to allow it to exist.
 
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Looney Troons said:
I bought a few hundred dollars worth of shitcoins. Who knows what will happen? I’m not going to post my suicide note on Reddit if I managed to squander a few hundo. Hilarious to see so many people so irresponsible with their money congregated into one collective spot.
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exactly, this was a shady fucking coin on pair with doge or chainlink. i could understand going all in on ethrum or bitcoin because of how consistent it is, but this coin is so new, that you'd have to be a retard to hope for it to moon and make bank.

Also who the fuck pissed off what for the market to tank like it has. we're at about 18 months of gains vanishing, and it doesn't look like its ending anytime soon, i've seen crypto take huge hits, but not this bad. in the span of a week the entire crypto market got a 33% haircut, and we still have the followout from the stable coins shitting the bed to look forward to.
 
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Neigh said:

The conspiracy theory is that Citadel and Blackrock bought UST and Luna and dumped both. The UST-Luna swap relies on one counteracting the other so dumping both essentially made both tank. UST is a stable coin and it not keeping parity with the dollar essentially destroys faith in the coin.

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It’s amazing how many times I’ve seen that tinfoil posted.

Do Kwon was running a Ponzi scheme and they always go tits up when the money tightens up. The fact his ponzi was tied into the crypto ecosystem amplified the effect of collapse.

Months ago I would hear Luna described as “like a ponzi but evolving away from that aspect” yet people are shocked with the looks like a ponzi, smells like a ponzi, acts like a ponzi collapses like a ponzi scheme? No, must have been the evil hedge funds trying to ruin it.
 
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