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/biz/ - Business & Finance

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7940362 No.7940362 [Reply] [Original]

>Aaaaand we're back!
Stop. Throw away all your useless memelines and toys for a second. Let's think about it logically.

To be "back" we need money coming in from somewhere, otherwise we're just watching whales jerk each other off.

Money comes from 2 sources:

1. Wall Street
2. Normies

1. Wall Street won't touch crypto as long as there are no regulations which protect them from getting fucked in the ass. They can't just "hodl" since they need to settle and roll over constantly. Being in the hole 10% for a month is not an option for them, let alone carrying Godzilla-sized -50% bags for months on end.

They're not gonna put gorillions into a market where a single autist can just crash the price by 10% by himself like yesterday.

Plus from a regulatory perspective they cant touch crypto yet because it isn't even defined as an asset class.

Wall Street money is at least a year out.

2. Normies. We all hate them but we need their money if Wall Street isn't coming to the rescue.

However, after this crash the normies who got in got burned very badly, and the ones who didn't lost all FOMO

Talk to any normies you know who you heard mentioning crypto. Those who bought in regret it, those who were thinking about it lost all interest.

So normies won't be putting money in anytime soon either.

In light of this, how can we truly "be back" in a way which isn't just whale and bot fuckery? In a healthy fashion which won't just get torn down when futures roll around again next month?

>> No.7940413

>>7940362
Probably just keep buying until it gains mass normie adoption or keep loosing money and eventually hang ourselves

>> No.7940441

>>7940362
Why did the market crash yesterday?

>> No.7940451

Your analysis is so off that you provide nothing at all worth answering. Go and read some books..ffs

>> No.7940462

clean your room

>> No.7940478

How many ICX do I need for that milk truck?

>> No.7940480
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7940480

>>7940441
Some guy market-sold like 3000 BTC, dumping the price 10% instantly

Pic related

>> No.7940581
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7940581

>>7940451
>read a book about why this market everyone lost interest in will suddenly have money flooding in

>> No.7940616

>>7940362
>Wall Street won't touch crypto as long as there are no regulations
What? Wall Street loves no regulations because that means they can manipulate the market all they want without the SEC wagging their fingers at them. Jesus christ, how can you be this ignorant? You stupid or something?

>> No.7940679

>>7940362
Money can come from anywhere. All it takes is one giant company to come in and put down some cash which will then create another bullrun. The general public will FOMO in again because people are legit retarded and will not learn from any previous mistakes they've made in the past. You should be excited; we're in the development stages of crypto and things are constantly changing. This market will be around for a long time.

>> No.7940696

>>7940616
Also this x10000

>> No.7940720

>>7940362
>look gaiz I'm SMART!

yeah okay brainlet. nice try.

>> No.7940722

>>7940480
Holy shit. I'm pretty sure that person had a short position he made out on.

>> No.7940732

>>7940616
I mean, a publically traded bank probably can't hold crypto without catching shit from shareholders but a private hedge-fund or boutique propshop? You bet those fuckers are loving this wild west atmosphere.

>> No.7940743
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7940743

normies are investing

>> No.7940747

>>7940616
Normally yes, but they don't own the market (yet) so no regulations only fucks them at this point because it places all power squarely in the hands of whales. They can always just get rid of regulations after they've captured the lion's share of the market.

Otherwise, where is the money? It's not like crypto will get less regulated. Regulations will only increase from here on out (EU hearing next week), so shouldn't the money already be coming in by your logic?

>> No.7940766
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7940766

duh, wall street isn't investing because its illegal

>> No.7940770
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7940770

>>7940362
>tfw no milk truck mommy
>tfw she's married and pregnant now so there will probably never be another video/photo

>> No.7940791

>>7940679
My sentiment is only for 2018. I fully expect crypto to blow up come 2019, I'm not here to do any salty nocoiner "hurr crypto is finished" doomsaying.

My point is that 2018 will look awfully sparse though as it appears crypto has blown its load for the year.

>> No.7940797
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7940797

>>7940616
>the absolute state of decemberfags
We are not even at $100 billion for true marketcap, not even one major institution's worth of money is in this market. Just a shitload of normies money and desperate nu-/biz/raelis like yourself are left. Want to know why Wall Street and its equivalent in every country is not all in on this "obvious" money machine? Because this is the first time a bunch of trash degenerate neets with no status or class have an upper hand in the game. ((They)) aren't accepting such a system. Ever. ((They)) will make their own crypto after the nerds work out the kinks. Don't believe me? See how the remaining crypto "influencers" on twitter are starting to switch to paid models and PnD activity is all that is left on alt coins.

>> No.7940821

>>7940797
What is pnd activity?

>> No.7940850

>>7940362
The market goes up like my dick. Post more asian chicks.

>> No.7940852

>>7940362
>we're just watching whales jerk each other off

>> No.7940901
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7940901

>>7940766
>gargantuan legal and compliance departments are just for show
>I know all I know about financial institutions from /pol/

>> No.7941047

>>7940797
>>7940901
shorts and the afternoon swings are not normies and so i assume the final cap is irrelevant because of that.

>> No.7941078

Saw the reddit spacing and didn't read.

>> No.7941117

>>7940821
pump and dump. You buy then promote the coin like crazy so your following and others buy, driving the price up. Then you "dump" your coins before everyone figures out it's a joke.

>> No.7941848

>>7940616
>>7940696
you two are legit retarded
who the fuck do you think lobbies for regulations
who the fuck do you think paid for those hillary speeches?

>> No.7941894

>>7941078

It's always great when the election newfaggots tell everyone who they are.

>> No.7942384
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7942384

>>7941848
gtfo magaboi

>> No.7942452

>>7942384
I was talking about you too