>tfw when you realize that out of all factors that have made BTC rise in price in years, its deflationary nature is what made it rise the most, rise from $1 to $10, to $100 to $1000 to its LOW PRICE OF $4000 BECAUSE ITS GOING TO KEEP ON BEING DEFLATIONARY COMPARED TO COUNTRY CURRENCIES
BUY FUCKING NOW THIS IS THE CHEAPEST BTC YOU WILL EVER SEE AGAIN IN YOUR LIFETIME. $100K EOY 2019
Yep.. How low does it need to go before people stop viewing this as cheap Bitcoin? We need people to fucking give up.. the more we see this shit means there are still idiots to fleece on the way down.
John Anderson
goldman sachs is shaking out the weak hands, my dad plays golf with lloyd blankfein who told him this
Landon Ortiz
$4k is impossible to break super hard granite rock support
Thomas White
wrong.... btc is headed to sub 3k. don't ask me how I know, I just know. tether or USD up and observe the coming weeks. DCA into BTC and XMR during Q1 2019. This is the best advice you will receive on this board. Just kidding, don't listen to me!
This is why one of my defaults is NANO. No infation, no retarded ass miners declaring weak ass wars.
Nicholas Cox
fuck your connections and support. chinese mining revenue means nothing when fiat is in control.
Juan Sanders
$100K EOY 2021 but yes, you're absolutely right. Just hang on and scoop up as many as you can. FFS sell next golden bull run
Michael Johnson
the problem currently is that people still remember 20k bitcoin. 2,000 is a 10% drop for 20K bitcoin, when in reality it was a 30% bloodbath at 6k.
Anthony Long
The most important thing , actually, the only thing a currency needs is credibility. That's something cryptocurrencies will never have if they are not backed by a central entity.
Tyler Ward
Can confirm, my dad too plays loyd bankflein with golf
Matthew Russell
this thread is a bearish signal
the HODLers have not given up yet. looks like we're due for a retest of 2009 lows.
Wow imagine being this retarded. How do you manage to open and close and fridge and wipe your own ass user with an iq like this, surely a miracle
Camden Morales
Bitcoin and all other cryptos are dead; it's just that the die-hard's haven't figured it out yet.
With a 90% drop in less than a year, bitcoin can't function as a currency or a store of wealth. It can't function as a regular payment method; and it's a foolish investment. Right now, it's only good for speculators playing a complex (and eventually losing) game of musical chairs.
Had there only been 2-3 cryptos, the market may have supported them. But with over 2000 in existence right now, it has done nothing but to prove that no single crypto is special. The extra 1997 "coins" has devalued all of them.
If you dump your money into crypto, you will probably lose it all. It's just a matter of when.
Christian Watson
>The face of america in 2020 >and that's a good thing
Adrian Davis
The american dollar is literally pretend money. You could even say that it is worth nothing.
I think I don't need to prove you how the dollar is more powerful than the bitcoin. Only because of its credibility (which is probably the worse in its history).
William Martin
Nah I just have Chad Confidence of Steel. Bitcoin could go to $1000 and I'd still have faith in it going to $100k. Fuckin beta bears, you're not alpha like us bulls!
Andrew Martin
bitcoin is inflationary
Thomas Gray
That's a tall claim, you got something to back that up?
Hey! The leader of your discord tossed a treat on the ground for you the other way. Turn around to pick it up! No, the other way! There you go. Good boy, 0.00001 BTC deposited in your wallet.
James Wood
Bitcoin hasn't fallen 90%+ since 2010-2011
Jonathan Reed
Disinflationary
Brandon Miller
disinflationary is still inflationary
Anthony Long
No rai bloc for me thanks
Robert Phillips
My dad fucks Bill Gates and he told him to wait for Bitcoin 2 to come out because it’s got a higher sperm count and stays true to the vision of Sudoku Kawasaki
This. If you don't understand why the other meme currencies are a way for people to thieve your money, you're a retard.
The additional currencies are the icing on the cake for the collapse of Shitcoin and Crypto currency.
Brandon Peterson
Yep, major banks will hire their own developers and make their own coins. Cat is out of the bag.
Kayden Johnson
A good idea would be to make a company stock price interchangeable with their specific cryptocurrency but it is too expensive to mine for that I suppose.
Luke Cook
Recognizing crypto as a learning system vs thinking the game is over and BTC won. I choose competition.
Gavin Wood
Well my dad works at Nintendo.
Blake Howard
Bitcoin will never go under $6000 again. $10000000000 EOY
Gabriel White
>BTC won. Jow Forums truly is the most deluded board on Jow Forums.
Jow Forums is definitely more deluded than Jow Forums, and that really is saying something.
#QANON
Dylan Hernandez
Jow Forums is ironic with most of its posts. everybody here knows crypto is a scam, we're riding the waves. Jow Forums is serious in their delusion.
Jeremiah Roberts
There’s a certain subset of individuals who bought tulips all the way down from 1 million to 0. Although tulips make for bad money the delusional mentally hasn’t vanished from society
Lucas Campbell
I don’t see why deflation won’t work if all bitcoin are mined. If it’s fully adopted by everyone the price will become relatively stable
Aiden Bailey
>a deadcat bounce who would have expected?? Seriously buy the dip, do it now. Don't worry that BTC can't even manage to snap back above 5k. Boomers aren't dumping on you, oh no no no.
Adrian Kelly
>KEEP ON BEING DEFLATIONARY you do realize bitcoin, for now, is inflationary - right?
Carter Harris
Your opinions have now been discarded for saying such a retarded statement and not understanding how this would actually be possible. You know nothing.
Ian Long
Bitcoin is not deflationary, you uneducated fucktard.
Jace Roberts
I've unironically just gone all-in with my life savings. Can't miss this black friday sale after missing the last one. We're going to 100k right?
Brody Hall
>right sure, sure
Jordan Bell
It's not going to be mined because the entire project is going to be scrapped. Miners are literally throwing away their equipment.
Nicholas Cook
stop trolling idiot. it is deflationary by design. coins lost far outweight new minted ones
Charles Peterson
>coins lost far outweight new minted ones Are you mentally retarded? The lost coins are already priced in.
my dad IS lloyd blankfein and he's saying you're a larper
Chase Long
markets weren't even alive back then, this is no indicator of what happens next: You. getting. justed.
Jeremiah Stewart
I was here. Archive this thread. Show the FOMO dudes if Bitcoin goes 100k+
Charles Morales
it's already losing steam, bye bye BTC
Colton Myers
>bitcoin can't function as a currency or a store of wealth You need to think of btc like 10 year treasury bonds. Do you expect it to hold value immediately or over a 10 year period. When comparing it to t-bonds over 10 years its function exactly as it should have.
Thomas Lopez
Q got chased out of Jow Forums for being a LARP faggot only literal boomers on 8 chan and voat follow him
Wyatt Williams
>You need to think of btc like 10 year treasury bonds. This is so true! The 10 y T bonds yeild curve is levelling off! BTC side ways for the next 10 years!
Lincoln Watson
oh yeah? how about every day more coins are lost, more to price in -> deflatory. dude. wow. next level stupid.
Sebastian Bailey
it really DOESNT fucking matter how low btc goes, its the antidote to the banking faggotry that has being occuring... if you dont realise this just kys
Adrian Russell
checked, based, and red-pilled
Dylan Martinez
It takes something being more expensive to seem cheap, so literally anything less than the ATH will be regarded as cheap by delusional people.
There are people who will literally always be delusional at just about any price. They are a minority, but keep this in mind when examining people's behavior. I've been delusional with Bitcoin since $50 and have not ever been undelusional since. I remained delusional in 2014/2015 through the dips, and past the bottom.
Xavier Rivera
Bitcoin is inflationary for our lifetime lol
Grayson Hill
a few days ago the same was said about 5k. pls stop.
Christopher Howard
>BUY MY BAGS!!!! FUCKING GOD DAMMIT IM DONE FOR AND NEED TO SCRAPE WHAT LITTLE SCRAPS I CAN FROM THIS PENULTIMATE FUCKUP!!!!!
Angel Bailey
Ok user, then explain why the total btc hashrate is constantly increasing and always has
Jayden Green
Difficulty will adjust, mining will become easier, and then eventually it will become worth it for some miners to mine.