/biz/ - Business & Finance

Thoughts on the whale absorbing the huge sell volume on 'finex the past few days?

so you had good job prospects and you still got rich with the cryptos?

What's gonna happen cryptoboomer? Tell us what's coming in 2020

>>10782730

There are hidden buys and sells at all levels.
What the market operator typically does is dump enough that he breaches a critical level of support (usually a fib line), and has algorithms snipe sells below that level.

If supply momentum is maintained at a certain velocity, the algorithm halts and automatically rebids lower. I'm big but I don't have the bankroll to move the price at will like this, however I've used variations of this to great success to accumulate.

>>10782778
My question was more why was he doing it? What does he know?

>>10782748

Yup.

Fun fact, if you've been in the space long enough, you learn to pick out other whales at conferences. We're usually nerdy 30-year old boomer IT types dressed casually side-eyeing all the low level wall street workers come dressed stiffly in suits.

>>10782711
>I've found myself advising and investing in crypto projects full time
Well, it would be a shame if not disclosing such conflicts of interest would not be illegal in your jurisdiction.
Wopsie, it is almost everywhere.

Prepare for the fist, because the fisting in inevitable in the next couple of years.

>inb4 "not tracable"
>inb4 "knows what he does"

Are we going bull end of this year or what.

Alts like Zilliqa yes or no? Should I wait till btc pumps?

do you think vechain is a scam?

nice LARP fag

>>10782711
All in holo, will I make it?

>>10782798

Lol, institutional money has been nuts deep in crypto as early as January. CME group futures are almost 100% short right now and retail doesn't have fingers in that. Huge players can't really buy big lots without driving the price up, so the best they do is create shakeouts at a level they're 'happy' with (like the 6311 line yesterday) and catch the panic selling.

Protip: This objective is why we've been getting 'bartcharts'

hey fag what alts do u expect to survive the bear season? looking to maximize my ROI , just holding btc rn

>>10782711
Have you heard if block collider?

>>10782836

Anyone with half a brain is sidelined (unleveraged) in BTC on Finex an/or Mex right now. ETF rejections have historically been massive market bear catalysts (-15%-25% in a week) and you bet that we're entering a bull run on approval.

The first dapp platform with a scalable high throughput blockchain is likely going to catch massive valuations. There are better team/tech/adoption projects on CMC than Zilliqa right now, but Zilliqa has the most hype.

I'm not here to shill my bags though.

>>10782842

No, but I do believe they are overmarketed though.

>>10782847

Whale and comms engineering consensus is that all decentralized internet coins are vaporware for at least 7 years.

How likely is approval for proshares on 8/23?

>>10782924
I thought I did my research well, and went balls deep into Zilliqa, any coin I should research along these lines?

>>10782884

Every alt with an active tech team that is either already loaded or managed to cash out eth above $500 for payroll should come out just fine.

Truly decentralized PoW coins with open source dev communities should be fine also.

For the monopoly token projects, check their ICO wallets, apply the Howey test, and follow the money.

>>10782711
what is the deal with chainlink?

When 5000?

>>10782977
dude these are the real deal, don't waste their time. literally nobody of any importance takes chainlink seriously at all.

>>10782805
What % of conferences are deloitte employees or ex employees

>>10782963

Not shilling my bags, I'm not done accumulating either and won't be until BTC is done with its thing in Q4.

>>10782711
Mr. C. I got 2 BTC to invest right now. What should I do? Continue to hold it? Move it to mex and wait for ETF?

>>10782711
Hire me. I made some successful memes.

>>10783006
I see what you did there

>>10782711
How big is your link stack

>>10782977

There is a top 20 market maker actively pump and dumping Chainlink on bizlets.

If Chainlink solves the decentralized oracle problem, it will be worth an absurd amount of money.

I have a stack split between a bunch of wallets, but anyone who is deep into chainlink has 0 concept of risk management.

>>10783016

Too many.

>>10782924
What do you think of NANO?

What's your prediction for end of year price BTC?

>>10783033

Move maybe 0.25 btc of it to mex and dollar cost average towards the direction of the ETF catalyst using cross the minute it hits. TAKE PROFITS and do not go over 20x leverage

>>10782761
please respond op

>>10783092
what kind of tokens do you bet on? sec, infrastructure, dapps?

>>10782711
Does anyone care about NEO ONT or ELA

>>10783116

It was a grand scale pump and dump campaign orchestrated on Redditors. It has adoption and successfully applies its use case of value transfer, but it is only good for value transfer and succeeds at its goal whether nano is 0.10 or $100. I won't ever touch it with a 10 foot pole.

>>10783127

$40k-50k with ETF approval.

3k-5k with a string of rejections.

We will see >$25k again as long as BTC is the most liquid trading pair for innovative tokenized asset projects like the 1/4 of binance that doesn't consist of shitcoins.

thoughts on eth wise one? will we see it got past 1k again this year?

>>10783018
Breh biz won’t make a dent in your accumulation process, in preparing best I can for next bull run don’t want to be stuck forever working for mr shekelstain

Will an ETF get approved in 2018?

>>10783182
>but it is only good for value transfer
what do you think crypto is about? fucking dapps? fuck your shit thread, brainlet

>>10783238
Smart contracts?

>>10783138

The next halvening is in 2020, and the market manipulators will definitely pump off that news.

>>10783150

When you own more than 0.1% of a coin, you start to run into serious slippage and liquidity issues so I have my fingers pretty wide. I look for strong token economics and low valuations when making bets, because first mover advantage is a meme in tech and second mover + fixing first mover mistakes is more important.

I've invested in the ICX ico and took profit before the January conference because its valuation was absurd.

>>10783154

I used to be really bullish on the ecosystem, but Da Hongfei has kind of turned me off with his ADHD

He's been bizdevving a little too much for ONT and neglecting NEO for my taste. It only makes me think "what are you gonna do when you get bored of ONT too?"

Try to catch him IRL and you'll understand..

>>10783182
>1/4 of binance not shitcoins
you are far too generous sir

>>10783243

When are XRP, EOS and every other scams going to die?

>>10782924
Thoughts on OMG at current price? Every estimate scenario I run shows a return of greater than 2 usd per token per year.

does the price of btc follow the spot exchanges or the mex?

>>10783188

If start doing ICOs again with good, sensible regulation (kek) it will moon like crazy.

>>10783201

Lol I know how /biz/ will react if they see this autistic ass site and team.

>>10783332

EOS if/when the US guvment gets on their case.

XRP is probably here to stay

>>10783340

The price of BTC goes where the market operators want to move it to take profit or accumulate. This will change when volume returns but for now, these guys can move it at will.

>>10783335

It isn't a bad r/r at all at current prices

>>10783414
Have you heard of Matrix AI project? I saw a post on biz here about it, about 50k tps.

>>10783474

Thanks, interesting thread.

Isnt it funny that anyone can be larping but you always get a good vibe about certain people in this case OP

I believe this is no larp. Any general advice OP?

>>10783489
If I post your old thread will you give me an interview? :D

Nice LARP. ETF news has nothing to do with the upcoming price movement. This ETF isn't even a bullish catalyst, CME futures don't move the spot market.

>>10783245
Thoughts on Xspec, Mr. C?

>>10783576

Personally I've stopped caring about whether or not things are larps or not on /biz/, because there's no way to know. Pay attention to what they say and how they say it. That alone will give you information about the quality of the individual posting. Then do your own research and see if the info checks out.

What do you think of Oasis Labs?

Thoughts on EOS?

>>10783092
>have 0 concept of risk management

fug

>>10783601

Risk management and capital protection is more important than gainzzzz.

Be aware that BTC has entered the great economic landscape and no longer exists as its own bubble outside of traditional asset classes.

>>10783624

You have absolutely zero idea what's driving price action right now, don't you.

>>10782863
>CME group futures are almost 100% short right now
More absolute bullshit. CME is slightly net short.

https://www.cftc.gov/dea/futures/deacmelf.htm
Ctrl+F bitcoin

supply chain projects, who is the greatest if them all?

>>10783691
>https://www.cftc.gov/dea/futures/deacmelf.htm

Correction: CME BTC Futures asset managers*

>>10783738

Hyperledger.

VEN, WTC, AMB, TRAC, MRPH, all of them are absolute shitshows or overvalued right now.

>>10783627

Tor integration will be critical towards its future, as Alphabay has driven most of the valuation on Monero. There are literally thousands of privacy coins competing with each other on bitcointalk and adoption is going to determine the ones who survive.

>>10783639

I have 'em watchlisted but they haven't really piqued my interest yet.

what do you think about REQ?

>>10782711
Thought on JNT and Coinmetro?

>>10783800
You've changed your opinion on VEN

https://archived.moe/biz/thread/10171111

>1) 2x lev BTC

>2) Wanchain

>3) Icon

>4) VeChain

>5) BNB

>Honestly it's hard to lose entering in this market.

inb4 "not the same trip".

>>10782711
are Teekas PBC picks just a PnD

Mr.C. what are your honest thoughts on projects like trxp. They acquired bittorrent, amongst others. I don't expect anything coming out of this for at least 5 years

>>10783800
are any of your fav. projects getting shilled on biz? I have a feeling none of them are.

What use case are you most bullish on and will disrupt their industry? finance, supply chains?

>>10783245
Hello Mr. C,

do you think ICX will ever make a comeback?

>>10783815

R/R isn't bad at 28 mil, unfortunately I think they may still have further to fall in a continued bear market.

>>10783850

JNT has a great idea, positioning, and use case. Atrocious marketing.

>>10783850

Coinmetro has the best exchange token economics I've ever seen on a whitepaper but they STILL can't get theirshit together.

>>10783245
Also, is being a crypto whale the best life? I would assume being rich, shitposting, and being in crypto 24/7 is fun as fuck.

Us bizlets do that minus the rich part. That would just make it more fun.

Are we honestly going to make it?

>>10783852
E X P O S E D
X
P
O
S
E
D

>>10782711

Thoughts on Enigma? It appears to me as a Monero for smart contracts. But I'm a newfag, so I'm interested in the opinion of someone who was in the crypto space longer than me

when will REQ go up? pls help im down so much

>>10783856

Basically yeah, they seem kinda arbitrary

>>10783852

not the same person but ok

>>10783926

In the long run yeah, they're imploding right now because they don't have bullish catalysts being put out in a maximum fear climate

KMD or ZRX?

OP, in your opinion, will the ETF get approved?

Do you have any vacancies? I need a job. I've pretty much spent the last year and a half non-stop reading about crypto so I could be useful to you.

Link is indeed risky, but very rewarding if they succeed. Since i'm a student, my portfolio is <$5k so having coins like ETH/XLM or EOS are less risky but also less rewarding. Guess it's not being risk averse since it's not a large amount.

>>10783998
I saw an article saying Jeju island could become an ICO hub. I feel like the market doesn't give a shit about ICOs anymore, so do you think this will be a bullish catalyst.


t. ICX bagholder who bought day 1 on binance and still holding (fuck everything)

How did you learn how to take profits and not be a retarded bagholder? I think this market cycle has taught me not to baghold these coins. Is it just a matter of experience, so next cycle I will not be a faggot and be able to sell this shit.

>>10782711
Redpill me on BAT, POWR and SUB pls senpai

>>10783576
>>10783601
>>10783635

hello mr. c
let's say i'm just about to start putting little money into cryptos each month. would it be smart to dca eth or should i go for neo regarding all the gas i might earn until 2020?

>>10782711
>have a decorated background in STEM
did you do anything meaningful and do you miss it?

>>10783966
>>10784005
All of the above

>>10784038

The three ETFs with decision deadlines by September (ProShares, Direxion, Graniteshares) are all essentially the same: funds that will track the CBOE/CME futures and primarily trade those.

The submission notices as listed on the SEC website look exactly the same and were probably written by the same lawyer.

Whichever way the ProShares one goes this week will likely indicate what the other two do. I think there's a slim chance they get approved because CME and CBOE are averaging 30k daily volume, but I'm not taking the risk

>>10782824
yawn faggot. kys.

>>10784149
what do you think of NANO?

Hi OP. What is your honest opinion about IOTA?

>>10784099

A little, and let's just say I'm involved in a very obvious use case of blockchain tech in science and engineering.

>>10784085

I mean if you have to pick between the two, go with ETH, but if your bags are small you should bet on 1-3 <100 mil caps with a good probability of bringing their project to market.

>>10784070
See my early comments about decentralized internet. BAT's a cool project though

>>10784068

Huge overvalued 50 mil raises probably aren't happening again soon but crowdfunding through ICOs probably isn't going away.

>>10784191
he already told that its shit

>>10784191
>>10784197

Spaghetti code

>>10783998
You are blatantly the same person but I don't care, this is better than shitty forced memes anyway.
Dunno why you changed irrelevant details though, did you forget to bookmark the last thread?
kek

>>10784202
>if your bags are small you should bet on 1-3 <100 mil caps with a good probability of bringing their project to market
I know I'm being a brainlet and asking to be spoonfed, but do you have any reccomendations?

Thoughts on TRON? Looks like they will dominate the chinese market.

>>10782711
What would happen if a token which is used for global investments gets FINRA approved?

>>10782711
Do you legitimately see any reason to be in any alts at all until we're deep into a new confirmed bull run? I've been thinking consolidating all in BTC until it breaks 20k again. Sure I might lose out on some early alt gains but on the flip side we might be bear for another whole year or two, and so long as we are I fully expect alts to keep shitting blood every time bitcoin barts up or down more than $100 at a time.

But I'm worried that I'm basically falling prey to the market stages meme chart when I think like this, "alts have been shitting themselves for 6 months so they'll keep doing this forever now" maximum depression thinking. Don't know what to think.

Any opinion on what Liquid/Qash is trying to achieve?

>>10784253

They're hiring engineers for 6 figs at angel.co. With the amount of money they raised they can probably build something out of it lol.

>>10784260

Moon.

>>10784266

I'm at maximum risk aversion when it comes to alts right now. Personally I wouldn't bother until we confirm a bull run.

>>10784313
What would it take to confirm a bull run in your eyes? Break bitcoin/total crypto cap ATH? Or are we full bull as soon as ETF gets approved, irrespective of price action?

>>10784336

The latter

Thanks for the insights fren.
What's your opinion on sophiatx?

>>10784313
Makes sense to be risk averse since you've already made it, us regular cucks got no choice but to take risks

I have 60% in BTC and 40% in BCH, should I change the ratio?

>>10784361
True that.

How much btc hodl to make it until 2025? If I'M not making until then I won't care anyways.

>>10782711
You mentioned XRP is here to stay.
Will it dethrone BTC in market cap?

Thoughts on Ambrosus? Seems the only supply chain project that's non-chinese with legit tech and honesty about their (lack of) partnerships. However there's uncertainty whether any public supply chain project will gain traction against the private consortiums.

>>10783738
>>10783800
>>10784464

answered

>>10782711
Talk to me about QASH, reeeeeeeeeere

Any comments on IOST?

>>10784346
Gonna throw my paycheck into crypto on Friday. Is ETH the way to go?
Also any thoughts on EOS

Thoughts about blockchain.io?

>>10782711
What are the odds the ETF will pass? I’m very hesitant to buy more BTC now but I know if I wait and it does pass I’ll miss my shot.

>>10784462
At some point something will dethrone BTC, BTC is digital gold (7trn marketcap) whilst the financial market such as derivatives and such is far larger.

>>10784529

Thought it was a shitcoin scam, one of my whale groups changed my mind.

>>10784497

QASH is good but more competitors like XTRD are starting to come onto the scene.

>>10784464

Solid tech team but their branding/marketing is hilariously bad.

>>10784539

Valuation of EOS was and still is a little bit nuts

>>10784765

Not very good

>>10782711

0xBitcoin thoughts, or thoughts about minable tokens using PoW for transparent fair distribution? Aren't most ICOs created out of thin air?

Hey OP,

what do you think of Bakkt?

Its importance compared to an ETF?
And the influence on BTC price when its out?

What are your thoughts on the wider markets effect on crypto? If the ass falls out of the stock market or real estate what happens?

>>10785149

Although I benefited greatly, I am against pooled mining, GPUs, and ASICs as the first exposes an ecosystem to 51% attack risk, and the latter two decrease accessibility.

Bitcoin was originally meant to be mined on decentralized AND distributed individual nodes for fair distribution, but the arms race in mining technology has all but killed decentralization via PoW.

I am seeing some cool projects on bitcointalk dedicated towards individual node mining though, almost all of which launched in late may through mid June. Hopefully one of them will catch on.

>>10785161

There are highly correlated manipulations in Forex along JPY pairs, which seem to ripple out from CNY/Gold, CNY/JPY, and BTC/JPY.

Expect panic selling to fiat and gold if the stock and real estate markets implode on us again.

>>10784068
>Jeju island could become an ICO hub
Why? It's a tourist island. Quiet and none of the locals will be happy with an influx of financial scammers ontop of the already shitty Chinese tourism/construction.

>>10785011
Sir why do u think TRAC is a shitshow? They seem legit and have alot of interesting partnerships. Also they are bo chink coin which is great.

>>10782711
Thoughts on LTC?

Thanks for sharing OP, nice to see a thoughtful thread for a change.

1. Do you think it is worth hedging BTC exposure by holding some BCH, or is BCH enough of a lost cause at this point that BCH can be safely sold and redeployed elsewhere?

2. Why do all the OGs seem to shill Zcash even though Monero seems to have more real world adoption? If you had to make a privacy coin bet(s) now, what would you do?

3. How does one get invited to a decent whale group? Is there a minimum amount of capital you need?

>>10783245

>because first mover advantage is a meme in tech and second mover + fixing first mover mistakes is more important

Have you looked into Nimiq at all?

>>10782711
Please repeat thoughts on chain link. Surely if they achieve their aim it's going to be the most important coin in the whole of crypto.

>Pic related

>>10782924
Nobody is even close to Zilliqa level if you not include ETH, now i know your'e just larping or brainlet


And how exactly Zilliqa is the most hyped one? literally didn't see anybody talk about it outside of close telegram groups and a small portion of /biz/

>>10782924
well, holo is in the works for 10 years...

>>10785598
New friend in crypto here.
1. BCH is like eth. You're playing with fire. Be careful.
2. Zcash is well organized enough to actually be a functional project. Also, there's enough of a network to prevent a 51% nicehash attack, unlike other equihash coins (including kmd iirc). The only other equihash variant that I think is worthwhile would be Raven. That said, I have stronger sentiment with zcash, it's "private enough," well known, and more or less liked. I don't think it will have as much support from individuals moving forward cause asics

>>10782863

>institutional money has been nuts deep in crypto as early as January.

'institutional money' has been in crypto since 2013...

>>10785812
I'm in absolute pisses at that image

>>10786468

This.

Linkies honestly believe that the morbidly obese russian philosopher in that pic is going to solve the oracle problem and make them rich. Imagine ACTUALLY being this delusional about how the world works.

>>10782711
Are you familiar with ISO TC 307?

>>10782711
Would you invest in SKY?

>>10785011
Glad to hear you mention XTRD, I have a million, bought at 1/30 ICO price ... if we can go back up to 3x ICO price i.e. 30cents then that's 300k $.... seems not unlikely. Any inside news, how's it going?

Thoughts on Republic Protocol? How much of a need is there in whale circles for dark pools? How possible is it they'd be outcompeted by an institution, say Bakkt, providing the same service?

Pfft ive been in since 2011. Any idiot could be rich from eth. If u arent aware of xby then u wont make it to the billionaire club.

>>10786987

>Thoughts on Republic Protocol?

Ditto. I've been look at this for a while.

>>10782711
Thoughts on Request Network?

>>10785249
Why do so few old time Bitcoiners hold Monero when it is literally Satoshi's vision? In my mind Monero is a filter that sorts the early Bitcoiners who get it and the ones that got lucky.

>>10782711
Any thoughts on the price action of Metaverse (ETP)?
I'm waiting on a short entry for this.

>>10786441

also desu you'd know this if you actually were what you say you were.

larper.

ty for ur time op was a good read.

>>10785249
>51% attack
0xbitcoin can't be 51% attacked though.

>>10782711

Hey Mr. C, any interest in helping our blockchain project get off the ground? This crypto crash has made it difficult to raise a seed round. We have the best tokenomics ever though, and everyone loves the idea. Team scores very high on the ICO scorer tools.

>>10782711
Hey what Alts can you shill me? That way I can do some research.. cheers op

great read thanks.

thots on skycoin?