/biz/ - Business & Finance

I'm long 20x leverage, ask me anything.

>>51437531
Based, I'm long 18x leverage 400k notional size, might be a little greedier in a bit when others are fearful

Yeah this is going to blast off once the merge succeeds well played anons

>>51437509
I'm short, eat my DICK AND BALLS

>>51437757
I want to wait going long but enjoy those -0.3% funding fees
If you are x10 you lose 3% every eight hours

>>51437509
hodling, cheers

>>51437509
Most people own some ETH anon it's not a niche coin...

I’m long and going to short it after merge

>>51437757
RIP
>>51437953
Wait EU energy data

>>51437509
Fucking Jannies deleted my OOMW thread

>>51437953
This, Eth will rally like 10% in the next few hours then dump very very hard

>>51437509
Everyone but the retarded.

YUP im long.

>>51438806

This.

7 hours till the end of eth miners

>>51439020
So they will probably sell all their Ethereum as a compensation of them now having to sell their hardware, without any source of income for the time their infrastructure is only being used for sale.
Immediately, as it's the highest price right now.

>>51438806
>>51438913

Imagine missing out. Probably nocoiners or newfags.

>>51439110
Yes a sell the news short squeeze is going to undo a macroeconomic depression

im currently accumulating both eth and matic before the merge, because the transition will drive-up ethereum adoption and will increase the demand on polygon since its the index of all ethereum scaling solutions

>>51439090
And be priced out from owning a node in the future of finance? Miners will have to move outside the west because the energy crisis FUD will fuck them up. The merge, -99.5% consumption, ETH rated as commodity, now it all makes fucking sense. Tech is here to stay faggot nocoiners

>>51437509
This is posted by a bobo

>>51439130
lol, we're years away from a depression, mortgage rates are at ATH, there will be a mild recession in EU. US will be fine, next week we might even see a 75% BPS raise.

>>51437509
Normies and their mother are selling the news. This is not some whitepaper announcement for your shitty project.

Im going long second before merge

TOO THE MOOOOOOON IN ETHEREUM WE TRUST

>>51437509
Not your keys, not your airdrop

>>51439233
If Eth is the most shorted asset right now, would it not make more sense to long then short?

>>51439148
Miners who sell first can buy in themselves later cheaper
They still have to take care of their infrastructure at least for a month without a source of income.
I feel like the 3x halving will help as a buffer and it will definitely help.
So it's just plausible that it will dump hard first

sorry, but anyone can tell me a site where i can track exactly time of the merge

>>51439279
lol airdrop, I wouldn't touch that shit

>>51439292
No, exactly for this reason, normie.
>>51439297
Miners who had to sell already sold, no one smart is selling now

>>51439315
It’s an insurance policy, dumbass. I shouldn’t have to explain this shit.

>>51439356
It's a worthless token made by scammers like bitcoin gold diamond and other bullshit, there is only ETH and you airdrop poorfags will never leave the wage cage with that mentality

>>51437509
hodling my massive 5 eth stack

>>51439384
>made by scammers

what if i tell you
microsoft is made by a scammer

>>51439090
Miners have been dumping nonstop forever, that's the entire point of mining.

No wait I get it they all are so silly they didn't even know the merge was coming!

>>51439356
Also a lot of scammers will dupe a lot of newfags with fake ERC20 honeypot tokens and the likes.

THERE
IS
ONLY
ETHEREUM
TICKER
ETH ETH ETH

>>51439516
>>51439505

>>51437509
got two long positions one on ETH and one on MATIC, they're scaling tech is unmatched in the space and ETH sure as hell needs it.

roll

Dont long now. There is going to be more dump before merge. Possibly minutes before merge
whale_alert_io

Merge is the only event that is risky to wales, thats why they will dump into stable for the merge and then rebuy again. Ordinary market volatile is not risky to them, so they never dump cause of it. Its cause they dictate market fluctuations themselves. So they usually in total control. Merge is the only event that makes wales vulnerable, so they will dump into stable for it.

This is the most exiting crypto has been since LUNA crashed only followed by the day Do Kwon gets arrested. ETH merge will succeed and shorts are going to get wrecked no cap

>>51439687
what... dump into usdc or usdt.... which is on ethereum.....

Play for sub 100 iq: go long 10 minutes before the merge with 10x leverage with half your stack and liq at 1550. Get out when you feel like it.

>>51439698
You must be new
>>51439705
wagmi, literal monopoly

>>51439687
they won't simply because it doesn't make sense. Whales are already positioned since June

anyone who was likely to sell before the murj to avoid pain, with any real size, will have done so by now.
and desu i never read much into all the shorts on eth being placed today, if i had a fat eth stack id be doing the same just in case it goes to fuck.
sentiment from what ive read around the web seems positive.
is that a good or a bad thing

>>51439687
>Merge is the only event that is risky to wales
they were out long before tonight lol

>>51439777
You dont get it. Whales are in total control of a market. They pump or dump price anytimes they want.
The only time they are not in control, is during merge. Not befor, not after, during merge.
And if they dump to early, they risking giving goyims free shekels, they cant allow that. So they will dump exact minutes before merge. And then instantly rebuy EVERTHING in one go ones merge is successful

>>51439777
this, i figure they bought at $800 and sold at $2k
>KHV captcha

>>51437937
poorfag casual coiner detected

>>51439839
This isn't your classic PND shitcoin. do you realized what happened yesterday on the ndx 100 and eth performance, let alone today performance is astonishing in this macro but you don't know that because you're a financially illiterate casual coiner

>>51439839
>So they will dump exact minutes before merge. And then instantly rebuy EVERTHING in one go ones merge is successful
ill pmsl if that actually plays out.
thats the dumbest thing ive read on biz all day, anyone with any amount of eth and are worried that something can go wrong during the merge, will have been out way before tonight

>>51439148
>in the future of finance
Future of finance is bartering tuna cans for iodine and medicine and ammunition.

btw
there is exact timer till merge
https://wenmerge.com

Not a pussy so I'm leaving my ETH with no stop loss and go broke at 2am or watch the biggest green dildo I've ever seen either way idgaf

ok so

>any whale who is worried about the merge would have gotten out of eth long ago, if merge goes well, stables buy back in number go up
makes sense short term as in like, the next 24h

but is there a longterm thesis for the merge to effect price? surely all miners expecting to graduate to validators have been building their eth stacks for a good while now for staking, so what's going to change about that after the merge?

>>51439384
Think about it. Stakers could be tracked down by fincen to force KYC compliance on every trade. There is a scenario where some users need PoW, if 2.0 is too centralized to provide the privacy that businesses small and large need to protect trade secrets.
If something does go wrong with PoS, I want the ability to use PoW seamlessly.

>>51440094
14k eth/day, most of it being sold to cover mining expenses vs <2k eth/day, most of it being hoarded for staking

>>51440167
based, makes sense ty

captcha: MMNNN

>>51437531
Have you been liquidated?

>>51440094
>>51440107
BACK TO PLEBBIT

>>51440167
>>51440197

Le heckin energy saving miracle too, WAGMI

>>51440520
i've been reading 4chan since 2006 my man

This is the last dip before the moon mission

>>51440764
That doesn't lift you from being a biz newfag

>>51439090
Yeah it's not like there are a billion other ASIC-resistant coins out there or anything.

How are we holding up ETH chads

>dumps

>>51437509
check out the funding rates, people are paying so much to just short this event....
Might just go long on the chance we see a huge fucking short squeeze.

>>51439999
checked I'm riding the biggest green dildo every whilst waiting for Lè Merge

>>51442628
Whales will work on a short squeeze starting from 30 minutes before the merge

>>51442628
it's all rigged, it doesn't matter we bull, if we dont I have different paths open, but the scamwick was yesterday

>>51439995
https://watcher.guru/ethmerge

>>51438806
Probably, yeah. I imagine we retrace whatever gains we make by eod tomorrow.

this shits taking too long

>>51441077
Stop oversatursting the comments with inane faggotry.

>>51439306
https://797.io/themerge/

your a faggot if you don't have the slider all the way to the east

>>51437509
Getting paid 100 bucks every few hours to long the bottom
Thank God most people in crypto are stupid

>>51437531
Same. Juicy funding rewards are too addictive

>>51443410
>ethereum foundation merge livestream from your link
https://www.youtube.com/watch?v=Nx-jYgI0QVI
HE'S ABOUT TO SING OR SOMETHING GET IN HERE

>>51443635
HE'S SINGING THE MERGE SONG

uhh guys?

>stopped out
fucking hell

uhh long bros, i dont feel so good

47 blocks to go boyos LFG

WTFWT