/biz/ - Business & Finance

Don't worry, if the support is 7.2k, it means one more higher low again, and that is quite bullish.

Nothing. News (was) very bullish for the last few weeks. Lots of talk about institutions getting involved, new exchanges opening, GDAX upgrading, ETH's casper on the horizon, Consensus, tons of "normie" analysts repeating $20k+ EOY BTC predictions, Korea UpBit FUD dispelled, blah blah blah.

The problem is much more fundamental than good news / bad news. The problem is nobody trusts crypto, nobody wants crypto, nobody is buying crypto.

>>9590675
I can pay rent for June, but thats it.

>>9590717
There are mile long lines of institutional investors, silly. They just wait for a good moment to go in.

>>9590740
Like right now. First the fake ass SEC meeting reported but the WSJ. And now this Bloomberg bullshit. Sources never revealed. Fucking Soros and people like him have coordinated this whole thing. They are jumping into the market as soon as Coinbase Pro goes live June 29th

>>9590871
Can't tell if mentally disabled or trolling

>>9590717

>The problem is much more fundamental than good news / bad news. The problem is nobody trusts crypto, nobody wants crypto, nobody is buying crypto.

The comming two years will be a shedding of funny money coins. Everything without inherent value (all pure transactional coins) will go down the shitter. Only coins that offer a real world service and thus have some inherent value will survive.

I'm seriously advising biz to buy coins such as Golem, Colx, RLC, SIA, etc. We're seeing the first signs of a serious paradigm shift.

>>9590980

also, skycoin and nexus will be the new bitcoins; offering true decentralization, be it by skybox or satellite. Mark my words.

>>9590980
that means bitcoin is fucked

>>9590675
WHO SHORTED THE MARKET

>>9590979

Yeah, Soros totally spends millions to p&d a market for pennies. Oh wait, he doesn't. Neither do the rest of those fucks. Bull is still coming.

>>9590980

100% this. Eth too obviously.

>>9591315
It's not pennies. Are you insane? The difference between buying bitcoin at 10k and buying 7200 is massive with the amount of money we are talking.

I don't want to alarm anyone or cause a shitload of panic, because I hope I'm wrong - but I think BTC in particular is going to dump all the way down to at least about 3k before the bull market returns.

I think this is going to be a long season of hard dumps, soft recoveries followed by hard dumps.

>>9590980
XTRD is my gamble. I feel like gateways for institional money are a must hold for this transitional phase.

>>9590980
There will be demand also for currency coin(s). The value of avoiding tax, financial privacy and storing value against inflation are priceless. But these will only become practical once people as a whole realize this.

>>9591340

Soros blows up national economies worth Trillions for lols. Literally, look up what he just pulled in Guinea. This is peanuts to him. You have 0 clue how much money cunts like him have, or the stakes they play for.

>>9591616
This. Once soros was in i was out. He is the destroyer of worlds

>>9591616
Fear not my child.
It will be quick.

>>9591616
he is the savior that we dont deserve.
he will finally kill the bitcoin

>>9591699
>>9591765
>>9592408
>>9591616
No. Soros will die soon. And It will consume his soul.