/biz/ - Business & Finance

>>10625479

shitcoin that will die checklist:
Private sale with more than a 10% discount
Private sale with -90% discount (usually the same coins that pumped most in January)
Has its own native blockchain but it's addresses start with "0x"
didn't exist pre summer 2017
Moon extremely hard in alt season

if your coins meet more than 3 of these criteria, dump it.

>>10567857

yes. i do, and it will definitely go below 6k. 3.5k, im 80% sure. just because they are backing it doesnt mean they are buying it now. you nee to understand how these institutions work. please imagine you are managing 60million dollars for an entry rather than 2380 bucks.

Crypto is in a strong bear market, and it will go through its full cycle, they are not going to stop it if they can get a lower price, they may even help it bottom faster than it usually would.
Please understand that they are not buying retail plebs backs and speculators when it was 10x cheaper a year ago.
They will wait till you capitulate, when there is VERY low downside for them to buy, no people no room to be dumped on. when speculators get justed from this shitcoins,they buy BTC as a haven, get fucked by margin trading, then finally get fucked by BTC going sub 4k they will capitulate, and HATE crypto.
then institutions buy.
save this and remember it before you buy le dip at "6k floor"

Yep. when will you faggots learn the reason why BTC grows is extremely basic, and everything else that happens is just noise?

the next halving of block rewards is 2020. thats when we will start seeing a big leg up again. jsut like this last bull run started in 2015 halving.

inbetween nthat all sorts of "noise" happpens but its largely irrelevant to the fundamentals of the mining economics and supply + demand. BTC is now here to stay. it has made its impression on the world. its just the most basic things which will not continue to make it grow. any spieks to 20k, or dips to 3k are all part of that noise. its exponential climb woll continue.

>>10435717

it's called wash trading between the spread price. that means, it fills no orders on the book. which means that it doesnt effect any price at all no matter what. its a way to make volume look high and super attractive to people without actually doing anything to the price of the stock or commodity.

look how thin links order book is on sell side and buy side. it takes 5 BTC make price jump 10% at any moment. thats all the pajeets had to do. market spend 3-5BTC on the website release, spam biz, create all sorts of fomo and then let biz buy up the rest, then they sell a bit while it fizzles out because it was only biz and then get made a few thousand profit.
this happens al lthe time with link, do we unironically have lots of newfags owning link now?

>>10433814
>>10435014

it's called wash trading between the spread price. that means, it fills no orders on the book. which means that it doesnt effect any price at all no matter what. its a way to make volume look high and super attractive to people without actually doing anything to the price of the stock or commodity.

look how thin links order book is on sell side and buy side. it takes 5 BTC make price jump 10% at any moment. thats all the pajeets had to do. market spend 3-5BTC on the website release, spam biz, create all sorts of fomo and then let biz buy up the rest, then they sell a bit while it fizzles out because it was only biz and then get made a few thousand profit.
this happens al lthe time with link, do we unironically have lots of newfags owning link now?

Check those cha

Green. Check it.

dubs