/biz/ - Business & Finance

>>11808118

Still not there yet. On Mex at least the longers haven't given up. Every 100 level finds new fodder for the liq engine.

When the longs aren't even trying any more, that's when I'm gonna find my entry.

A little 10% drop makes people capitulate. What babies

>>11808118
until this guy capitulates its not over. he is literally the embodiment of the late 2017 buyer. i think it will take going to 2-3k

>>11808118
>>11808118
We need more blood, but this is a good sign

>>11808118

>>11808254
post more NPC meltdowns

>>11808254
>1+ year
>so not even 2 years
>long term

>>11808254
He's gonna kill himself by 2020

Another one bites the dust

>>11808254
>1+ years

>>11808182

>unironically starting to feel bullish

This is still complacency

https://twitter.com/La__Cuen/status/1064598531934179328
maybe she should

>>11808254
Lesson learned. Don't get involves in a market with a bunch of get rich or die trying fools.
> kek see you in the next bull run fomo fren

>>11808143
This is genius!!

>>11808118

ITT we post our ACTUAL buy ins and literal capitulation prices.

>bought in: 2k
>capitulation: 500 USD

>>11808597
wrong thread?

but
>bought in: $800
>capitulation: $250

>>11808254
>Long term
>1+year(s)

>>11808597
>bought in: fucking 500$
> capitulation: 0$
I'm riding this to the end guys there is either get rich or die trying.
STRONG HODL

>>11808118
You can be sure that many are still think this is not a crash happening but a "good oportunity to buy more".

Delusion is still strong.

We're far from the bottom.

>bought in: 0.16$
>capitulation: Never

>>11808597

>>11808684
>the price is dumping because many think this is a good opportunity to buy

>>11808476
>what are population trends
>what are single data points

>>11808254
>1+ years

>>11808597
>bought in: 1.400
>sold: 19.000

>re-entering: 3500

I won’t rest until every single shitcoiner is homeless or dead

>>11808749
The price drops because money wanting to get out > money wanting to get in.

Has nothing to do with people. You really just need to open up facebook, to see prime delusion:
>just a small dump
>shakeout of weak hands
>those who sell now dont deserve bitcoin anyways
>nice, I can buy more for less

>>11808182
>bear market is not over before every single one in the market has capitulated and exited the market
you do realize that the market dies if everyone leaves?

We will know the bottom is in when Marius has given up.

>>11808597
I will not capitulate ever. I'm only 3x up from initial.

>>11808850
You're talking to an anon that will wait a year for the bottom, and then not buy it.

>>11808881
>will stun the world
>"thousands of crypto investors commit suicide losing all their savings"

>>11808881
when marius livestreams his suicide itll be the institutional buy signal

>>11808881
Unbelievable lmaooo

>>11808850
no just the late 2017 buyers have to capitulate

>>11808149
and i'm fighting myself not to buy in yet at every new wall

1 Person is nothing.

There where flooded so many millions to crypto in the end of 2017.

It will rally up again if 500k people worldwide are still involved

It's impossible to perfectly predict the bottom. You have to buy on the way down. But I didn't realize how easy it is to buy too early. That said, I'm not selling.

Had I not taken out debt to make sure I had enough link to be satisfied it link mooned by October, I'd be buying right now.

Instead I'm paying down my debts.

Q2 2019, I should br able to start buying again if link hasn't mooned by that time.

Not capitulating, ever. I spent over $120k on fucking JNT. I sold 1/3 to rebalance, and my current bag is worth $16k.

I'm not fucking cashing out of crypto.

>>11808149
10% each day
Makes Crypto go away
$3k eom.

>>11808149
>it's j-just a 10% drop!
>every month for 11 months

>>11808254
>everything (sic!) who keeps on saying BTC is on sale is restarted
>is restarted
>restarted
THE PHOENIX RISES

>>11808881
Drop the bass wub wub wub wub wub zeeero wub wub wub swirly noise

>>11808957
>You have to buy on the way down.
Lol sure if you're retarded. You sell in a downtrend and buy in an uptrend you fucking idiots. Not that hard

>>11808944
Make that um.. Five.
Five people that may have some huge brain disorder will keep being bullish on this shit ever.

>>11808720
This

>>11809051
Not if you want to make money.
But on /biz/ is ok to lose.

>>11808597
Bought in: 4k
Re-entry: 3-4k
Capitulation: never

>>11809051
What the fuck are you talking about? You want to buy on the downtrend and on the uptrend. Its a very common risk management tool when you consider it hard to predict the bottom. The opposite is true for the peak

>>11808881
He'll never fucking give up lmao

My 3000 dollar "investment" in FunFair tokens is currently worth 200 dollars.

>tfw have a compulsion to buy when i see red candles over extended periods of time but unemployed right now and cant

pleas slip down to 3k when i get my first few pay checks at my new job ;_;

>>11809127

>>11809127
you call it an "investment" with quotation marks now, but i bet when you will have made it, you're going to brag to your friends and imply foresight and technological knowledge.

>>11808597
>bought in
1500
>capitulation
sold all my bitcoin at 10000 before the super bubble, am afraid to sell my shitcoins because it is more likely to get my bank account closed than be worth the hassle

BTC will hit 2k, nothing to feel bullish about it's still overpriced currently

>>11808254
>long term
>1+ years

>>11809786
its going to zero theres no use case and the vast majority of mines coins are lost forever because of pump and dump

The market capitulates to me, the real Chad

>>11808957
Your crazy, hopefully it works out for you lol.

It’s been a while since I posted here. Just wanted to say I’m never selling. If you seriously think 4800 pieces of paper are worth more than the computational hours used to create the scarce unit of account known as a bitcoin, then you are just a retarded goy who will become a slave to the government in a few years. Hell most of you probably already are government slaves if you’ve indebted yourself to them to go to college aka, indoctrination camp. While your rights are slowly being eroded away by bureaucrats and your purchasing power is slowly being eroded away by Jews, I will retain the freedom to go anywhere on earth with my savings, and I will be free to purchase anything I like. Have fun being property!

>>11808254
Nice, just bought 100k!

>>11808881
>said LTC would be $1k by June
This guy is an absolute goon

>>11808254
People who bought the top calling themselves long term investors. Holy shit.

>>11810614
So, you genuinely think Bitcoin will recover?

>>11810614
Fallacious labor theory of value. Kys commie.

>>11808143
The long positions on Bitmex are fucking hilarious.

"Reeeeee 100x reeeeeeee"

>>11808845
>>nice, I can buy more for less

This kind of delusion has kept Chainlink alive, why not BT? LOL.

The entirety of the cryptosphere is starting to sound like the penny stock forums.

>>11810956
Eventually? Maybe.

Right now? Unlikely. Look at the daily chart. It's an orderly exit out.

>>11810956
Dude it has literally only been a year. When mt gox crashed, it took a year and a half or so.
Not that it really matters.
It’s not about the money, it’s about freedom from the money grubbing Jews and their central banks. 40% of America’s gdp comes from the Jews that run the world via the banking system. They do not produce any real word goods, they manipulate numbers in a computer. Bitcoin is different because nobody can manipulate those numbers without consensus. I am in bitcoin because I think the banking system is immoral and killing the world. I don’t care how many Jew papers it’s worth. 1 btc = 1 btc. Btc is freedom.

>>11811031
The computational power makes the network more secure and therefore makes bitcoin more valuable. It’s resulting in the creation of a better good therefore it is not labor theory of value.

I feel like shit and my heart is racing. And I'm still holding shitcoins like wanchain. FUCK

>>11811236
Settle down, Hitler Youth.

>>11811236
Based and redpilled

>>11811262
Fag

>>11811262
Banks have literally enslaved nearly every person, corporation, and government on the planet with debt. At least hitler saw this and kicked them out for their parisitic nature.

Like I said before 40% of our gdp comes from moving imaginary numbers around in a computer. The owners of the system sit back and collect interest, while all those enslaved suffer.

>>11808850

This. People like me are never selling this low. Hell, I'm still way in profit (cashed out a huge amount in Feb). This whole "100% of market participants leave is capitulation" shit is just retarded. It's also why Faketoshi is such a moron - shaking out weak hands is one thing, but this is going to kill the market for good if he keeps it up. The right way to kill BTC was to just support better tech and let it fade into obscurity. Bearfags that think they're going to profit by this are as deluded as bullfags at this point as all the accumulating in the world won't work when no normie is ever going to buy your bags.

>>11811262
Look at this dumb NPC who thinks he's not a slave because his "you don't want to be anti-Semitic, do you, goy" programming kicked in when he was spoon-fed the truth.

>>11811623
Relax Bitcoin is a freemason project, it is the global currency of Great Israel. We're safe. Down 50% on singularityNet won't sell ever.

>>11808597
>$0.23
>lol

From a stash of 102 coins
I withdrew
3 at 700
1 at 3k
1 at 7K
1 at 16K
2 at 7.5K
3.2 at 6.5 K

10K xrp at $1.5
10K xrp at 50c
10K NEM at $1.5

300LTC at various above 50

all in all pulled out about 110K over the last year

however

peak was 6.5M

down to 900K

that said I started with 5K in 2013

>>11808118

Capitulation is NOT the floor. We're still aways off from despair.

2k will flush out everyone except myself so this is where the bottom is.

>>11811957
Holy shit lol

>>11808957
godspeed soldier

>>11811957
sounds comfy

>>11809205
I'm in the same boat. Been unemployed since may but I got a well paid job recently. The problem is it doesn't start until the end of JANUARY.
If link dips back into the buying range I was holding out for and I miss it due to lack of funds it will be driving me nuts

So basically normies are disillusioned and the people left will actually give a shit about developing the technology to be more than

LAMBOS TO THE MOON BOYS GET ON FAGGOT

>>11811236
>t’s resulting in the creation of a better good therefore it is not labor theory of value
Yeah but that's not what you said exactly in your prior post

>>11808118
too early we need another week or two when longs are gone. we're not done capitulating yet cause people are still longing

>>11812062
the funniest or worst thing is this....

I had the theory to invest by class of coin early on sooooo

I put
20 BTC into XRP at about 7K sat
20 BTC into LTC at hmm any how got me 1400

In 2013

the only time I saw that 20BTC back was in the 2017~2018 Peak.

BUT i thought well twice burned I do trust eth.

just before the ipo for eth I met a guy who i thought was a scammer and in the eth team. I then found out the eth team had kicked him out, so i put in about 0.5 BTC, and sold out 1/2 my eth so about 500 when I could get my 0.5 btc back.

I had followed my original paln and put 20 into eth then I would have 40K eth and that $50M or so at peak.

So at the peak, even with 6M I was quite depreeesed about having a ragtag make up to 6M instead of 50M. The difference is huge, with 50M you can withdraw 30M and you don't care.

6M you risk missing out the next 10x!

so I only pulled out fractional amounts.

The other error I made was nem I went in massive an low, then sold out when I had just made small profit. down about 5M from where I should have been.

But ETH kept me up a nite.

Seing your portfolio go up and down 1M in 24 hours or 500K put a different perspective on bothering to work for a living.

I also have to change perspective eg, the time cost of margin hunting on say ebay or whatever is not worth it. Just buy the thing you need and carry on, eg look a bit.

My view is btc is going to 100K in a bout 2 years and onto 1M after that.

NEM also will be one to watch, zero hype and delivers. People did not steal this coin because it was worthless.

>>11812418
how long do you think it takes for btc to pull back?

>>11808118
>heh, these idiots are giving up, good sign, heh. the bottom is in!!!!

t. every cryptofaggot for the last 10 months.

>>11808306
>post more NPC meltdowns
Only have this reverse-meltdown from when the bull was stronk

>>11812511
Holy shit this is fucking hilarious.

>>11812530
and fake

and gay

>>11812480
hard question. Long term, there is nothing to worry about, crypto will take over large parts of gov, fin markets, education, healthcare. There is easily a 21T market cap to 50T market cap for crypto. Wether BTC will be the "one" is the question. I feel it will be in a basket of say 5~20 top cryptos. BTC could be the one if maybe it make it block size fractionally bigger all the time to cope with on chain transactions. Also I like Dpos better than POW. BTC strongest point vs other crypto is the amount of quality code into the product vs other coins, and the number of people watching the code base. LN could work out as it small block size will force people to use LN. Idon't grok how LN can keep records though if a channel is closed, you only get overall.
BCH could have been good but split kinda killing itself

for this reason LTC seems very good, larger blocks and segwit.

I cannot see any reason given the growth in HD space and bandwidth and user bast BTC could not go to larger blocks now.

As to mining and power use I don't care much because no one if forcing anyone to mine.

But DPOS or POS seems to answer that energy consumption issue.

>>11812617
t. roastie

>>11808597
>Started buying at $80
>CBA is $450
>capitulation price: $ColdDeadHands

>>11812617
no its not actually

>>11811736
>"BTC, which is majority-owned by goys and anyone can buy it, is to be the future of Jewish currency"
>Not "BTC is the prototype, which will be outlawed when the jewish currency is introduced to 'regulate' blockchain and prevent the JUSTing that happens to the goys with BTC"
lmao @ ur life

>>11812116
i know that exact feel.

i got a job this month with a decent company but my job doesn't start until january. i need money to buy chainlink you fucking cunts, hire me now.

>>11812183
A week lol get ready for 6 months of 4k-6k, a rise to 8k, another fall and then another year of 7k prices before it gradually starts rising. In 2.5 years it will be at like 12k again. This is your fault.
We could have had a quick recovery after the crash but nope, you had to see 5k. Now its going to be a repeat of both the previous crashes, wont be years until we make it back to where we were.

>>11808597
Bought in 6300
Sold 10800
My secret is to dump it instantly if I see any trouble

>>11808254
>long term
>1+ years

>>11808254
Anyone else realise what I realized?
Crypto will go down in $ and all the normies will give up, sell etc.
Then we buy when most don't care about crypro because the value dropped. After a while they see that the value jsbincreasing slowly and then they start fomoing in and we have another big bull run.

Thoughts?

>>11812740
>he bought BTC over $1k
>he doesn't know about the Blockstream - Axa - Bilderberg takeover
>he never heard of BitcoinXT
should we tell him?

>>11812740
Lol at you shekeloid, yes i made that up. Bitcoin is literally their money. They can buy and sell and manipulate it as much as they want. Still might be a prototype huehue but in any case bitcoin still has a long way to go.

>>11808254
I'm feeling..
>RESTARTED

>>11812418

NIM > NEM

>>11812862
Yea that takes several years. I cant find a chart that goes back to its start but there were 2 rallies and crashes, not just the one. One of them was from like 2$ to 100$ or something. Anyways, this recent crash is pretty much a repeat.

>>11811957
I'd ask why you wouldn't pull out $x million and let the other $x million ride, but I did the same shit with less. I don't know what kind of curse afflicts us. Is it greed?

>>11812418
>I also have to change perspective eg, the time cost of margin hunting on say ebay or whatever is not worth it. Just buy the thing you need and carry on, eg look a bit.
Damn, I went through this same process. You and I are a lot alike, or we at least seem to have had similar experiences, although I got in later than you and had only a fraction of the amount.

>>11811262
>literally plebbit

>>11811262

>>11812983
The closer to global adoption the shorter the cycles will get. Max 1 year and btc will be at 80k top, 15-20k bot also the drops will reduce significantly with each new cycle.

>>11812888
>>11812925
They didn't take it over to make it successful. BitCoin is the neocon of blockchain technology, it was subverted so they could have it represent bad ideals while parodying its old self just well enough to keep most people in. They'll let it crash when the time is right and respond with a "regulated" blockchain world currency, to protect you all from the foolishness "you" did with BitCoin :^)

>>11813141
Yea I kept saying but X but Y but Z the whole way so far and one of those buts is that because its gaining mass adoption it will happen sooner.. but looking at that chart, if anything its happening slower. I fully expect several years of sub 10k prices. The market could have taken off from ~210 billion after staying solid for a few days but it crashed instead, this wont fix itself overnight.

>>11813166
A possible scenario indeed but no need to worry yet. There is some money to be made for non retards. Panickers and emotional fags will lose.

“You mean I couldn’t make a living trading crypto and making YouTube videos? While living in Cali?”
https://youtu.be/EvmEdiCdWdc

>>11812418

Forget 1btc=1 million

You’re delusional thinking 1btc will ever = 100k, the market needs retards like you

>>11813207
What is your assessment, chief?

>>11813174
Dont think in terms of price and market and TA. The world is moving at an extremely rapid pace. Ai, 5g, iot, blockchain, crypto, mass data gathering and analysis. The pandoras box has opened and tech will not slow. The changes in our world will make it happen sooner. The future is in the making. A few years of bear market would mean stagnant technological development. Crypto is here, the devolepment has started, itll only gain pace.

>>11808991
JEJK

>>11813215

The next coin to moon will not be bitcoin, I will not share which one it will be, but just know it won’t be bitcorn

>>11808254

>Long term
>1+ years

>>11813238
It'll be a POW Bitcoin token on EOS! Based and redpilled!

I'm not even an early adopter but this space is complete cancer. It's become a cult full of scams and faggots that have no idea about anything, a huge collection of sycophants fellating eachother in their own respective echo chambers. Outside of devs everything else produces absolutely nothing of value, and even then so many devs are working on trash projects that make no sense.

>>11813302

Nope, you’re not even close

>>11813235
No it just means hodlers gradually go bankrupt over 2-3 years and when they stop panic selling at the bottom the price will start to rise again.

>>11813375
Gosh darn it

>>11813382
Dude its not little cum droplets like us thats dropping the price. We dont matter. They chose what happens and small shit stains like us, some down syndrome dolphins and mini whales get milked in the process.

>>11812418
With your new mindset, what would you do post-crypto if if were to come to that? I just don't know how to reconcile what I've learned and the changes I've undergone with a normal middle class existence lol

>>11813238
>>11813375
Reddit fags love Golem and Raven so it's either definitely not Raven (because they're always wrong) or it's definitely Raven (because we're also always wrong)

>>11813238
It's KMD

>>11812985
thats a good question.

I suppose for this reason

in 2013 I went to 250K from 5K, if I had taken out half of that, I would have 125K and then my top in 2018 would be 3.25 M.

In 2018 I could pull out 100K with impunity because it does not effect my overall balance.
If i had pulled out say half in the 2013 run has a much larger effect.

that said, the overall utility of say 3M is much more than 100K, so maybe my logic is off and should have pulled out half.

I really really suffer from agonizing over selling BTC though.

That said, I would need about 1M to get to my current position, and even if it went to zero hav pulled out 110K or more ... so yeah in the big picture its all ok.

>>11813676
I hold KMD, please tell me why

>>11812985
>Is it greed?
yes

>>11808254
1 year old timer

>>11808597
bought in: high 4ks (today)
capitulation: no capitulation

>>11813709
>>11813676
>>11813375

ANSWER ME

>>11813523
well fortunately crypto will never die, I will probally always have 50% in crypto.

The problem with fiat, houses, or any other investment class it can go to zero at the whim or the gov, divorce, being sued, etc etc. So its a bit of an illusion to feel your better off with x million in FIAT assets, shares, property etc. Thought property in the right place is pretty good....I have always hated what passes for "work". basically your screwed into slavery becuase the banks issue debt and print money. I think I have gone through so much shit in my life its time for me to enjoy it a bit and now can.

>>11813238
Monero

>>11813166
>"regulated" blockchain world currency,
no thanks, I like my coins with only drug dealers hookers and speculators

>>11813238
DATA

>>11814260
I would prefer those to the psychopathic thieves and murderers that are the governments of the world.

>>11812985
same reason he wouldn't have pulled out shit even if he bought those ETH

>>11813771
I appreciate your well thought out posts. I do have to ask though. How do you feel safe with storing your crypto? Hardware fails often, how can one be guaranteed that there coin isn't going to be killed along with the hardware it's stored on? Or are you using some third party like binance?

Okay it might be actually time to buy back in

>>11808928
ahahah

>>11808254
And he will buy the next top too, just watch

>>11808673
Fucking right buddy! See you on the moon

>>11810614
Kudos to you!

>>11811236
>>11810614
>>11811476

if there is one thing i can say about what is happening now is that this crashing is bringing us all back to our fundamentals. it is humbling us in the extreme, do we let ripple win or do we let btc win

>>11815046
bitcoin will just clog up again if volume increases dramatically

>>11812862
All those icos created software development teams
Now those teams need to actually create a killer app for crypto
There is no more room for speculation, crypto will live or die based on whether these teams can develop worthwhile software

>>11813302
kek

>>11812862
wow it's almost like there is a tax on people who can't do math
wait

>>11808597
capitulation: if i get cyber nigger aids

>>11813238
your mom

>>11812781
This. I go based off of instinct and nothing more.

>>11808942
late 2017 buyer here. I just turned my computer off. I aint selling shit.

>>11815844
>math
It's more like figuring out strategies and playing intellectual games.

>>11816055
At least buy a bit more on the cheap so you don’t look like a complete cunt

Simple solution to this all.......

BUY LINK FAGGOTS.... DO NOT FORSAKE THE SERGOD

>>11811262

>>11814813
i would never buy a tresor et because of backdoors

the newer os are more likely to have backdoors, think about it, a good programmer and slip in some code into osx or windows or IOS

the top of the tree approver in the code base will likely do this.

The only real way is to have stock standard usbs and encrypt into them have an os that never goes online then sign transactions, you need 20+ usb sticks with all data encrypted and several up load repos with your necrypted containers.

if you private keys every touch online its game over. Must have air gap