/biz/ - Business & Finance

Why isn't the market doing anything in between these giant pumps? Technically doesn't that make it a bear market still?

>Since January the circulating supply of Tether has more than doubled.
>Since January 2/3rds of the crypto market cap has been wiped out.
Explain to me how Tether isn't a scam without ignoring these facts.

Realistically: how many men end up sucking dick to land a job, even an ordinary job? /biz/ memes got me wondering.

>>8871654
>darkweb pedophile money
>unregulated markets
>operating outside any zone of accountability
>retarded fanatical followers that FOMO in and scream MOOOOOOOOOOOOOOOON every time it retraces by 0.1%
>most of it is concentrated down into the hands of a small number of people
Do you really need a theory?
Is it possible to unironically be as retarded as you're claiming to be?

I've noticed several different kinds of posters on /biz/ lately now that most of the cryptofags have committed suicide. I think it's important that we decide who is the kang of crypto.
/v/ posters
Pony posters
Permabears
Permabulls
Apu
Pepe Plush
Whoever wins shall be the new kang of crypto.

https://www.strawpoll.me/15467578

So observing the last weeks, one can safely conclude that there are obviously several whales who are unwilling to let BTC go below 6500.
Why?

Anon that's not a donut....
It looks more like a bagel.

How much rope do we need to fix /biz/?

Oh my god you guys.
I'm just completely surprised.
The exchange partnered with the unaudited fake money company is pumping right now.
wow I just never saw this coming.
I guess we better FOMO in.

Do Lambo dealerships accept Tether?

>All the downward resistance is coming from bitfinex.
>the exchange that uses tether funny money instead of actual US Dollars.
I'm reaching levels of really being made to think that shouldn't even be possible.

>There's people here who don't realize that we're back on track for 20K EOM

>>8477141
It actually did most of it's gains after the kiddie porn news came out.
Really makes you think.

So now that it's confirmed that bitcoin rapes children it's safe to say that only pedophiles and childless virgin weebs who fap off to loli threads on /b/ actually support it anymore right?
For the rest of us who have dropped BTC what is /ourcoin/ now?

>>8458432
>Fuck off nerd.
>Coming onto a Vietnamese hydrology enthusiast forum expecting not to find nerds.

>possible that current rally is just more short positions being closed.
>impossible to verify because the one part of the bitfinex market data page that isn't working right now is the shorts vs longs chart. Literally everything else on the page works.
Really makes you think.

How will we know when we have finally completed the (totally not communist™) revolution and totally BTFO the bankers?
What will it look like?

>If people would stop trading crypto it would be worth more
Are HODLers even human at this point?

So I just finished taking a dump. But that's not what's interesting.
From the time I sat down to the time I finished wiping my ass bitcoin lost over 3 billion dollars in market cap.
How do we get to 20 trillion like this?

>>8000960
wow what you can do with crypto you can also do with every other currency in the world, really makes you think.

What would happen to the price of bitcoin if the exchanges didn't allow you to retract bids on a whim?

>be wagecuck
>have to get up early every weekday
>deal with grueling commute there and back
>go home
>kiss wife
>hug children
>enjoy evenings and weekends with them
or
>be crypto trader
>have to stay awake 24/7 watching the exchanges otherwise you'll miss a flash crash and get rekt
>can't take a shower because there might be a flash crash
>have to live in your mom's basement subsisting on a diet of hot pockets (that she microwaves for you) and shitting in an adult diaper that you don't have time to change otherwise you might miss a flash crash
>/nogf/ because you smell really bad
Hmmm... tough choice...

>be Europe
>relentlessly pump dying market
>long term support actually goes down
>keep pumping it anyway
>be Europe in future
>cry when Americans wake up and strip all your money off of the exchanges.
>rinse and repeat for a week straight
Is Europe a retarded?

>*Gets baited into raising purchase offer by strings of 5 USD purchases only to get raped by big sellers moments later*
>*continues making the same mistake every 5 minutes*
What did shitcoiners mean by this?