Current Events > Tomorrow Bitcoin will fall below 9000

(+) Yeah! (+)

The fad is dropping faster than anyone could predict.
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@Clear you fucked up and now I'm BROKE!!!
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that's what they said in 2013 and here we are
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But they told me I shouldnt panic sell
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ITS UNDER 9000!!!

caps
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And now I tilt my head back and laugh at the dudes who emptied their 401ks to buy bitocin
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Well that all sure seemed like pump and dump.
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shouldve bought it early.

Turtlebread posted...

that's what they said in 2013 and here we are

I mean, if it's a cyclical fad, it's still a fad. It falls and gains based on whimsy, more or less. Horrible currency to do... anything with in all honesty.

R_Jackal posted...

Turtlebread posted...

that's what they said in 2013 and here we are

I mean, if it's a cyclical fad, it's still a fad. It falls and gains based on whimsy, more or less. Horrible currency to do... anything with in all honesty.

Its pretty good for making more real money
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Turtlebread posted...

R_Jackal posted...

Turtlebread posted...

that's what they said in 2013 and here we are

I mean, if it's a cyclical fad, it's still a fad. It falls and gains based on whimsy, more or less. Horrible currency to do... anything with in all honesty.

Its pretty good for making more real money

For your average person with a mining rig, factoring in power costs, I think the usual net was like $6~10 a month in profit. The more money you have, the more money you make with Bitcoin, so... no, not really. Then, there's the idiots ruining their credit to take out loans/maxing out credit cards to stockpile GPUs to mine as though it'll help them not be in debt in any reasonable amount of time.

I can make 10 dollars a day mowing a lawn every day with less overhead cost if I really wanted to. To put it in to perspective though, those gains technically get you less money than a WoW player farming in-game to buy a time token with gold. That's pretty much worthless, to me.

I feel bad for the people who bought in at $19,000.
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R_Jackal posted...

Turtlebread posted...

R_Jackal posted...

Turtlebread posted...

that's what they said in 2013 and here we are

I mean, if it's a cyclical fad, it's still a fad. It falls and gains based on whimsy, more or less. Horrible currency to do... anything with in all honesty.

Its pretty good for making more real money

For your average person with a mining rig, factoring in power costs, I think the usual net was like $6~10 a month in profit. The more money you have, the more money you make with Bitcoin, so... no, not really. Then, there's the idiots ruining their credit to take out loans/maxing out credit cards to stockpile GPUs to mine as though it'll help them not be in debt in any reasonable amount of time.

I can make 10 dollars a day mowing a lawn every day with less overhead cost if I really wanted to.

Lol
Not with mining
I turned 1k into 50k last year just holding
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Unlucky, it was hard to lose money last year with the massive bull runs.
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Turtlebread posted...

R_Jackal posted...

Turtlebread posted...

R_Jackal posted...

Turtlebread posted...

that's what they said in 2013 and here we are

I mean, if it's a cyclical fad, it's still a fad. It falls and gains based on whimsy, more or less. Horrible currency to do... anything with in all honesty.

Its pretty good for making more real money

For your average person with a mining rig, factoring in power costs, I think the usual net was like $6~10 a month in profit. The more money you have, the more money you make with Bitcoin, so... no, not really. Then, there's the idiots ruining their credit to take out loans/maxing out credit cards to stockpile GPUs to mine as though it'll help them not be in debt in any reasonable amount of time.

I can make 10 dollars a day mowing a lawn every day with less overhead cost if I really wanted to.

Lol
Not with mining
I turned 1k into 50k last year just holding

I mean, if you buy low and sell high you generally make money, but that concept isn't exclusive to bitcoin. That doesn't make it a good way to make more money, as is being shown by people currently losing money. The volatility of the crypto market makes it a poor investment at the best of times, realistically.

And yet, with that amount, I'm sure people who bought Google or Amazon stock early and held it for years would laugh at that cash you made.

Edit: Unless you're justifying it as a good way to make money solely by your own experience, which is honestly a rather self-centered outlook.

x50 in any market over one year is huge
not sure what planet youre living on
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Yea it was 5k like 3 months ago. Doesnt seem to be as gloom and doom as it sounds.
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I can feel the jealousy all the way here in NYC from some of you.

Millennials are not the only people invested in this. Most stock people also moved on to this. The only people not making money are the people constantly wishing cryptos crash. Like, fuck is wrong with some of you lol?

Even in this dip, I made 1 BTC yesterday and should make another 2 BTC by tomorrow evening. Even if you're making a fraction of me, you're doing fucking excellent.
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this happens like every 8 months its only a bigger deal this time because dumb NORMIES got in en masse and didn't follow the 2 biggest rules
1. BUY THE DIP
2. HODL
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27_Sandman_40 posted...

Turtlebread posted...

x50 in any market over one year is huge
not sure what planet youre living on

>implying it didnt reach the absolute ATH already

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27_Sandman_40 posted...

hortanz posted...

this happens like every 8 months its only a bigger deal this time because dumb NORMIES got in en masse and didn't follow the 2 biggest rules
1. BUY THE DIP
2. HODL

Yeah m HODL AND YOULL BE GETTING YOUR LAMBOGATTIS IN THE MAIL WEAK HANDS SELL STRONG HANDS HODL HODL HODL

>implying you guys didnt just become the normies

the fuck did you just call me
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Incoming sandman meltdown.
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27_Sandman_40 posted...

You guys ruined the industry with your memes and ignorance of how stocks work. You scared away future investors and you have developers working their ass off to exceed your ridiculous demands.

Theres plenty of highly repuatable crypto spokesmen and developers on Twitter who feel the same way. Stop treating the blockchain like a fucking dank meme and just keep your annoying advice to yourself.

Maybe they shouldn't be in the industry if they can't handle how people react to it.
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crypto bros resorting to cannibalism

Turtlebread posted...

x50 in any market over one year is huge
not sure what planet youre living on

Earth, where people are a bit more fiscally responsible. I mean, I made about $15k off of... no investment. Was doing work in the early days of bitcoins and had people give me some as payment, but that doesn't mean I would buy in even at the lowest point. It's an asinine currency where worth is decided largely by media popularity, it would seem.

Edit:
27_Sandman_40 posted...

You guys ruined the industry with your memes and ignorance of how stocks work. You scared away future investors and you have developers working their ass off to exceed your ridiculous demands.

Theres plenty of highly repuatable crypto spokesmen and developers on Twitter who feel the same way. Stop treating the blockchain like a fucking dank meme and just keep your annoying advice to yourself.

Really? Memes ruined a market? You really think any sort of currency that could be ruined by MEMES is a good one? Blockchain tech is potentially great for things other than this idiotic cryptocurrency deal, so it's a shame it's seeing blow-back... But, I mean, they really brought it on themselves if they couldn't stand up to your average internet idiots, didn't they?

It's easy to blame your consumers, it's hard to actually fix problems. Guess they took the low road.

Dont really care about bitcoin as a currency
My point was that crypto was an easy way to earn money last year
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Turtlebread posted...

Dont really care about bitcoin as a currency
My point was that crypto was an easy way to earn money last year

It's the worth it has there that makes it worth real-world money, but yeah. Can't really argue that one. Kind of regret not buying in more, but I made a good chunk of change off no personal investment myself, so I can't really complain.

Meanwhile, AMD is back on track!
Fuck cryptos
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Well it's supposed to be a currency. So if the masses are ruining it, it never had a chance to begin with.
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Imagine comparing a fake currency to a cure for cancer.
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blockchain will cure cancer
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lol
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you both fell for and out of the market within the last half year and almost exclusively regurgitated meme colloquialisms until you had articles to repost trashing that aspect instead

you don't get to denounce 'normies'
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Jeez you're touchy
I think blockchain has a place in the future but it's not a necessary fundamental
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