Bitcoin $40K

whats the point of buying these shitcoins when bitcoin going to hit $40K next year?

Other urls found in this thread:

en.wikipedia.org/wiki/Ponzi_scheme
discord.gg/DsRSYn
twitter.com/NSFWRedditImage

that's only a 4x gain. small time.

1-3%... so he can steal our fucking gains.

this shitcoin is dead by end of 2018 u will have 40k in trans fees

The bitcoin market is gaining too much momentum. Literally nobody is buying bitcoin without the intention of making gains. It's a zero-sum game and there's going to be blood in the water soon.

Too many normies are jumping in and they will be like sheeps to a slaughter.

Screencap this post.

>retail investors

this board needs to fucking institutionalize

how the fuck am i supposed to cash out my $150 in bitcoins if i gotta pay $40k

I feel the same. There will be one more big wave of normie influx then a great fall
An capped why not

>CNBC Fast Money
Normies have weak hands, when the dip finally comes it will be a big one.

We are a very wealthy bunch.

What’s the probability of being Joe Lubin’s college roommate? Of course he is a crypto bull.

you're right, but the amount of money flowing is is still pocket change on a larger scale. So i think we might really hit 40k before that happens

instructions can be found here:
en.wikipedia.org/wiki/Ponzi_scheme

t. newfag

Even if you bought at $10K thats still 4x gains. That to normies is alot and people will keep buying it in terms of hoping to make quick money. everyone going to rush to those bitcoin atms around your city soon

look at coinbase user growth. People investing n crypto will pile in on bitcoin and then the whales are going to dump

Once the big crash happens it's not going to recover, because bitcoin will forever have the ponzi scheme stigma associated with it. It will be synonymous with the likes of Bernie Madoff and AmWay Global. Part of me thinks that the banking establishment is "banking" on it happening. It's the only way they can ever hope to defeat bitcoin. Enough people lose their life savings and kill themselves, the survivors will go back to being normie slaves and never touch this shit again.

Actually they want BTC to die so they can control the world with a centralised ETH.

does forking bitcoin 5 times to then give free coins to top holders in which they sell to pump more money into bitcoin scream ponzi to you too?

everyone knows its a buble but humand greed outweighs everything. Seeing the chance of making a quick money will make the normies flock o bitcoin. $10kon the news will get alot of people interested

Ponzi scheme my ass. No one is taking someone else's money and paying another. Bitcoin has value because people think it does. Same as your fiat bucks, except bitcoin is actually scarce and limited.

Pyramid scheme, ponzi scheme, it's all the same shit bro. It's one of those P schemes is all that's being said. And it is a classic one.

The blood will flow soon and all the normies who bought in recently are going to get slaughtered.

>cash out

No. Ethereum actually rendered bitcoin obsolete.

Ethereum is more decentralised than bitcoin. Most mining of bitcoin is owned by 4 Chinese nationals

Face it bitcoiners your coin is a overpriced bag of complete shit used by pedophiles and belongs in the dustbin of history.

He told you 40k so you buy up to 40k right?

> bitcoin going to hit $40K next year
>not shilling that its tulip mania/ currency for drug dealers

Whatever a jew says, do opposite
Bitcoin is going to drop and stay sideways, it will never hit $40000

The same miners have been in ETH since day one. You also fail to realise that ethereum is in bed with every major bank and corporation...It's certainly NOT going to be decentralised

Why get only 4x when you can get 25x on shitcoins.

>this coin I just bought is going to be really valuable you should buy it

I do this too.

If it keeps getting more and more money pumped in to it, how does it stay sideways?

It isn't any of those, it's just a new asset people now believe in. It will only die if people stop believing in it, not going to happen imo.

>It's a zero-sum game
No its not.

and this is why ltc(10x) and omg(10x+) are better to buy

>It's a zero-sum game

I keep seeing this from normies, but nobody ever can say: How is it in any way a zero-sum game? Whichever way you look at it, a whole new asset class is being born. If crypto also becomes a transactional currency, then there is simply no limit to its face value, if you assume that fiat continues to exist and continues to get printed.

I donät think you understand game theory, or the basic fundamentals of economics.

I am not saying you are wrong to assume bitcoin is overvalued at present. I am saying your working, and your way to get to that conclusion, are shite.

YOUR QUESTION IS NOT THE GOOD QUESTION: The good question is how to win? No matter what is the coin. Buddha said don't be attached to a coin in particular. The way to win is to have an edge over someone else! Buy low before the information is out there, and then sell high to the masses. You need to trade based on information that nobody has yet! Information is power. Speed is key. Find it all out here: discord.gg/DsRSYn

or -х25...

BTC is safe, shitcoins are not, its like casino

No one actually uses it as a currency. If I can't buy my fucking groceries and gas with it, it's useless. This is pure speculation.

>If crypto also becomes a transactional currency
It's been out almost a decade fool

>BTC is safe
When everybody believed the housing market was safe, it quickly became unsafe due to the popularity of this viewpoint.

Remember, housing prices had a bottom due to the utility of housing. BTC doesn't.

Yes it is. We're not creating money out of thin air dumbass. That doesn't mean it is a bad thing tho, some will get burn and will learn the hard way while others with more experience in trading (like myself, ahem.. 5+ years at 23yo ) will greatly profit from the vast amount of dumb normie money pouring in

>experience
>23

LMAO, these inflated egos are crazy... oh when will this bubble pop.

Got in the game at 18 trading cfds and forex and became profitable only 2 years ago. You can't imagine the amount of hours I've spent indoors reading about markets while my normie "friends" were out partying and being normies. Now they come asking me for advice? fuck'em

>Imagine being this stupid

Lmao

We all know its happening, still in for the last 3x fiat gain. Then buying the blood in the streets

Forex. Experience
Its like saying you are experienced in sex because you got anal raped daily

I’m talking about the asic manufacturing cartel. The fatal flaw in bitcoins POW. Ethereum is outside of their iron grip and soon will be POS.

Good luck catching up bitcoin it was nice knowing you.