Nah dude there won't be a correction lol we've already corrected 5% two weeks ago!

How many exist right this moment you fucking brainlet?

21 million WILL exist, in 2140. 16 million CURRENTLY exist, at least 1 million of which are locked away in Satoshi's (RIP) wallets.

I actually agree. I talked to a guy I got hired with today about bitcoin and the guy ended up making a coinbase account and spending 1k on bitcoin right there. I suggest people should start moving to alts cause at least those have potential after the crypto genocide that might happen.

It's capital flight, except into a virtual buttcoin instead of gold. Good job, millennials, you're retarded!

Years and most of the crypto market doesn't even have a product.

It shouldn't even be as high as it is, it's just pure speculation right now, don't kid yourself

Everyone keeps making the wrong argument when they talk about the Bitcoin bubble. Crypto currency itself is fine. Its when the most prized coin is a pile of slow, expensive shit. Thats when you get into bubble territory.

Lies, he couldn't have bought 1k of bitcoin off coinbase immediately because the limit is $250 until you verify, which would take longer than a few hours.

don't forget lot of people are holding big amounts from early days

we can 10x easily in few years

Talkiing about it, but havent figured out how to invest in it yet.

I'm pretty sure everyone accepts BTC as the bubble and that crypto is going to live on regardless of where BTC goes (into the ground)

there are coins with real utility like bitcoin eth xrp ltc neo these coins have big teams and working products most shitcoins wont make it along with icos you need real usecase. I didn't say nav coin will skyrocket I'm saying the real coins will just like in the words of the money skele himself this is crypto currency 1.0 some will survive will others die and as the new technology advances further there will be better coins

because it's hitting 100k by march

fun fact: all the current ways to short bitcoin are through CFD which are illegal in aerica. When bitcoin hits futures the banks will short, while they sell the stack they bought at 3000. gl newfags, I know you wont sell because youre too inexperienced

lol check the REAL graph

It will top out at $50,000

I just don't want this shitcoin to hurt my investments in decent coins when the bubble finally pops.

Eventually the normies will realize that special interests have taken over Bitcoin to profit off of excessive transaction fees and keep it from being viable as a currency, right? They'll realize that if they can't find a crypto that's actually useful for daily transactions, they will forever be slaves to the financial institutions that control their central banks and governments, right?

Surely the normies will learn that if they want true freedom, they need to stop funding the corrupt people in power holding them back, right?

...I'm just going to off myself now, because I know these fucks will never learn.

I always use card when I go to coinbase so I dont have any experience using direct deposit but thats what he did and was left with a pending 8 days message

In South Korea BTC is at 17K
What are South Koreans fleeing from?
It is straight up comfy there!!

Filthy fucking nocoiners need to get off the board. You had a 25% dip a week ago.

Didn't take the opportunity to buy in? Tough shit.

>but it needs to dip 99% so I can buy in and enjoy the road to 100k with you bros!

If hitler was alive, he would gas the nocoiners

Don't be naive. It's going to be an absolute bloodbath for all of crypto. On the bright side, it will be an excellent opportunity to load up on dirt cheap shitcoins

dont worry it will. fuck this shit coin and every dumb fuck destabilizing the whole market.

Fuck that it is hitting 100K before Christmas!!

You're right, but along the way there may be hard dips, bitcoin once lost a lot over a year, i dunno, 60 70%. I don't think it's gonna happen again like that, but it could take a huge dip from whales playing the futures market.

I don't know SK, but in Brasil it's 15,2k. We do have a shit economy and currency here, so it makes sense.

gonna be fun watching all that dumb money try and cash out at once as the price plummets in free fall and the back log congestion freezes up the sickly chain causing slow death to all btc holders...

DESU, I plan to exit the market entirely before the 18th to shield myself from the bloodbath. The question is, will CME Bitcoin futures be the catalyst for the bloodbath, or will it catch me off guard before then?

Nigger, they're on the verge of war, their government was rocked by a scandal exposing a billionaire cult controlling the president, and Marxist sociology has torn apart their social structure in all of a few years. Get a clue.

lol

SK is leading the market in volume.
No one gives a shit about Brazil
Normie South Korean is what is driving this price.
and they ain't doing it for "capital flight"

wishful thinking

see you soon at 20k, I'd say before christmas

Ive had 6 people call me about in the past week. Basically along the lines of "Hey remeber how you were talking about bitcoin 4 years ago. Are you a millionare yet have you got any trade advice XD" I dont mind helping people but fuck I told you half a decade ago and you thought it was a joke.

mfw I learned about bitcoin in 2014
mfw I thought it was too late to make any profit
mfw it seemed like I was right for years when it was at or below 1k mark
mfw this year

I gave in finally, hoping for the best

Look familiar?

Guess what came next.

I already captured my profit. This is getting pretty disgusting even by my standards. Pure greed at this point.
I'll be waiting for that juicy dip, though. And I don't mean a measly 20% for a couple days. I mean a real winter like 2013-2015.

Its also the most secure with the most competent developers you dumb faggot.

is that the dailly or weekly chart

Weekly

Too much newbie money keeping this shit up right now to have major dips

what will happen to tether?

They are also the puppet of the jews and most likely willing to die in the name of the jew.

CNBC Street Talk is having Bitcoin/BlockChain week all next week.

I listen to this shit on my commute home and have been giggling like a school girl.

Bubble or not, I'm making money. Keep it pumping normies. I'll be retired by 30.

when Bitcoin's replacement comes around, you better have some BTC to buy it with

This. I think BTC will crash to about $4,000. My plan is to go long when it hits there

Weev, is that you?

Theres a good chance he got scammed considering all the major entry exchanges take atleast a week to verify.

Just fyi that's a price I have in mind too.
>anons think tutes will buy this at $14,000
Delusional, takes a quarter brain to see what's coming

>when Bitcoin's replacement comes around, you better have some BTC to buy it with

That's my plan. Already scouting out what I think it could be. Do your research people and don't just buy whatever poorfags on Veeky Forums are shilling to you

>Be an actual oldfag
>Really into computers about 7 years ago
>Frequent /g/ in 2010-11
>Every fucking day someone would start a "buttcoin" thread
>There was always a picture of a bitcoin coming out of an ass
How the fuck I didn't realize what an opportunity there was at the time. I bought a bunch and then spent them on dumb shit on dnm's. I wonder how many of those guys have made it. Meanwhile my current crypto portfolio is $800

What are the odds that normie craze keeps pumping this to $25k by EOY, then it crashes to $15k? Seems like this bull run has a lot of steam left

Remember, futures start on the 11th on the CBOE and 18th at CME. Bitcoin will be dumped and shorted so hard by all the boomers running big financial institutions. Everyone thinks the bubble is going to pop anyway so it won't take much for another 80% crash. We'll still hit 100k by 2021 or so though.

newbie money is like 1k each, lots of individual normies but not a lot of aggregate cash. When the big boys want out, it's over. You'll see.

if this shit crashes Im throwing every spare red fucking cent I have at it.

what has me worried is that a lot of people think the same way because it's the "easy" trade. This makes me think it might not happen and it's legit going to rally to like 50k with everyone sitting in cash watching.

Thats what he gets from being impulsive getting investment advice from a guy he knew for 2 hours

I tried to convince my mom to buy some a month ago when it was at ~6k
>nah, its a ponzi scheme

...

Sold 2 BTC at 17000 yesterday expecting a dip. Why the fuck does it keep going up? There arent even any buyers left. Huge sell wall but it keeps going up and up and up

All prices are AUD

Honestly pretty high. There is definitely gonna be a 30-50% dip at some point in the next couple months, but it could just as easily be $40-20k as $20-10k. People who have the ability to time a dip don't browse /biz, so I would just buy and hold

aaaand we are gonig up

Keep a little to satisfy the opp costs

>tfw make 21/hr so I aint even mad I missed out

It woulda just made me able to retire at the age of 40 or some shit. I put 4k into eth for the nu-coin which will hopefully go up to thousands and 1k into random shit you faggots said. If ETH skyrockets then I will retire early, but I don't really care because I've witnessed my dad as a neet, don't really want to do that that early in life.

It is correcting to $100k once NASDAQ starts trading. Steam dropped it for being too volatile, but once the market cap peaks and levels off it will be much more stable and actually useful as a currency.

yeah but most won't

If you are talking about the USA, in 1-2 years.

Countries like South Korea and Brazil value dollar pretty high, so BTC ends being more expensive.

Nice herd mentality, I hope that your parents are wealthy, you will need that inheritance to stay alive.

Do you even know what is happening?
A bunch of people are used to buy BTC for tax evasion, what you need to ask yourself is if they started earlier this year.

That sounds possible.
Everyone in Veeky Forums should have 50g of gold (physical) and 3 BTC (cold storage) by 2018.

It is never going to be good for buying vidyas again, brah.

> Bitcoin skyrockets from $600AUD in 2014 to $21,000AUD in 2017
> Everyone waiting for a bloodbath
> S&P 500 goes from 1800 to 2600 in the same time period
> Everyone waiting for a market crash
> Meanwhile I'm just sitting here with all this Silver Bullion
> It went from $19USD to $16USD
> Still waiting for both to crash along with the economy so I can fly to the moon too
> Every cunt is already on the moon having a party
> Just me and my Silver Bullion being left out of the party for 6 years
> Physical shortage, Mike Maloney and Peter Schiff said there was a fucking physical shortage
> REEEEEEEEEEEEEEEEEE

>Countries like South Korea and Brazil value dollar pretty high, so BTC ends being more expensive.

The conversion from dollar would put the buttcoin at 40/42k. It's 49k right now.

Your mom is right. Bubble / ponzi scheme, whatever you'd like to call it

Do you know how futures contracts work? "Going short" on a futures contract is not the same thing as "short-selling." The second one is the only one that can actually exert downward pressure on the asset, because it involves an actual sale. Futures contracts are formed between a long and a short counterparty, neither of whom needs to actually hold the asset. So even if a lot of institutions want to buy short futures it won't affect BTC price.

You think the market cap will peak at $836,273,100,000 USD? I think we'll see it hit a trillion, but yeah. $50,000+ is probably a realistic value. It will be great because it will be more stable.

lmao how do people not know this?

>buying pre accumulated silver bullion whalebags

0/10

Nigger what. Bithumb conversion puts it at 17k

You are ignoring how much taxes they pay for acquiring dollars.

I bought a safe and everything. The paper market is supposed to explode, Deutschebank market manipulation was supposed to cause outrage from the government when it was discovered. Central banks supression was supposed to end.
> Bitcoin goes to $21,000
> Silver is manipulated
> Bitcoin goes to $21,000
I need a rope.

You have to consider the current run will overlap with NASDAQ trading on future beginning 2018. This is going to be a stampede for awhile. This could be the year Bitcoin hits its real value and then the only "crash" will be when another coin replaces btc.

stop bitching, what if you bought it at 7k and it went down to 3k, what if you bought it at 3k and it dropped to 300...Iota fags literally just lost 30% or some shit

Why you did not buy gold, your magnificent moron?

Holy shit you guys are dumb.
We have our local exchanger where we trasnform our shit papers into bitcoins among ourselves. We don't need dollars and there is a demand for bitcoin, such a demand that the price is higher than it should be if you just converted the prince in dollar at USA exchange into the price in our currency. By about 5%.

Don't cash-denominated futures contracts effectively drive, say, gold prices? Why wouldn't the same happen with bitcoin?

All the big financial institutions, which have surely accumulated BTC by now, can open cash-denominated short positions, for which they will surely find some permabulls to take up the corresponding long, then dump their supplies and set off the correction everyone thinks will happen anyway. Then they make money off the short contracts, then buy back in with all the money they made.

Too dumb to understand, but the fud is over nothing then? I gotta stop reading biz

Get the fuck out of the internet, subhuman, you don't understand how your own fucking country works.
If you were to buy BTC at another exchange, using real money, you would pay more than just the dollar value, with transaction fees and your socialist taxes, they usually add up to more than 10%, not to mention the time that it takes, which is why you pay more for BTC there than in a real white country.
Why do you think that people are just not fucking doing arbitrage all-over and filling their pockets with those sweet, sweet margins?
Go back to your favela, any business transaction more complex than exchanging cocaine for dragon dildos is too much for you.

They've both done sweet fuck all, Silver has more reasons to go up than Gold but I still can't believe Bit fucking coin went from $10 to $21,000AUD, what fucking timeline are we in?

Best case scenario for us us CME crashing btc not tether, meaning when it does reach obscene lows, tether bears will pump it quickly back up. Of course plan is for us Veeky Forumsraelis to buy low at that point and long while every normie loses his money due to thinking this really was just a fad.

In which world you live that silver ever outperformed gold in anything but the short term?

Because most commodities are very difficult to physically transfer from one party to another. So people just use futures as a proxy and then there are a few institutions that will make large-scale physical sales as needed. This is obviously not the case with BTC.

It's true that big institutions can tank the price IF they are already holding a bunch of BTC to dump. The big question is how much BTC these institutions have actually been able to accumulate. It's definitely possible that many of them have been buying during the recent run-up with the plan of dumping/shorting futures. But there are also a number of regulatory restraints on most financial institutions that make it difficult to buy BTC. So it's hard to know how likely this scenario is.

> the guy who makes my sandwiches is talking about bitcoin
> a pole dancer was talking about bitcoin
you know what they say about shoeshine boys....

I think they're holding quite a bit. Didn't JP Morgan buy a bunch, despite their CEO shitting on it?

>counting the bitcoins that are lost forever by early miners
The absolute state of Veeky Forums

>he forgot about Tether

They bought like $3.5m USD worth: news.bitcoin.com/after-the-boss-calls-bitcoin-a-fraud-jp-morgan-buys-the-dip/

They could dump all of that in a GDAX market order and it would move the price by maybe $50. Of course, they're only one financial institution. But in order to actually crash the market it would take either a couple of actors with much, much bigger bags, or a coordinated effort by a bunch of different institutions. Both are possible but neither are that likely IMO

>silver has more reasons to go up than gold
No one gives a fuck about either. There have to be buyers before something can go up you know. Bitcoin is sexier than gold. It's trendy and it will continue to be trendy for years to come. You dun goofed.