/biz/ - Business & Finance

Ok, /biz/, let's switch it up a bit.

Out of all the alt-coins that are still kicking around, which one can we all agree on that is definitely just a scam?

>>8081550
>People calling it a scam saying "I invested but I can't cash out"

>Can't cash out
>Not a scam
Hahahahahahahahahahahahahahahahahahabahabababahahahahahahahahahah ahahahahahahahahahahahahahahahahahabahabababahahahahahahahahahah ahahahahahahahahahahahahahahahahahabahabababahahahahahahahahahah

I'm an independent financial analyst who runs my own team of advisers, and in the last 6 months we've gotten many requests for cryptocurrency advice and portfolio management. Well let me tell you what we've found:

There are perhaps at most 100-150 individuals that move the entirety of the crypto space. In the last 3.5 months we've run statistical analysis and modeling that without a doubt shows that the whole crypto market is thinner than anyone on the consumer side (that's you) realizes, otherwise you wouldn't touch this market. Our analysis shows that it only takes between $2.3MM to $3.8MM to drive the price of BTC within 3-4% from spot, and a mere $6MM to be able to manipulate swings of up to 10% from spot within a 12 to 24 hour window. Additionally, there are no large institutional investors in the crypto space, no matter what you think you believe. Behavioral analysis engine we wrote running on a powerful cluster of neural network learning algos, operating within a proprietary game-theoretic model of Bayesian probability, absolutely proves to us that the wealthiest entity that regularly trades controls no less than 8% of the total coins on the open market, with the next wealthiest entity controlling approx. 6% of all coins traded. We know this based on time-variant transaction details that we can analyze for corroborated activity across exchanges. The way we know there are no actual institutionals involved is that the entirety of the actively traded market is actually only about $1.6B deep, which became apparent when analyzing arbitrage opportunities relative to price action from smaller exchanges to larger ones.

Just a reminder for you fags that 94% of biz is full of cunts pumping their own shitcoins. Nobody wants to help you make money. I've made good money off some of the meme coins but for your own personal interest do not believe these lying scumbags on here with your financial future. DO YOUR FUCKING RESEARCH ON A COIN BEFORE YOU BUY IT AND STOP WATCHING THOSE JR CRYPTO FAGS ON YOUTUBE.