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/biz/ - Business & Finance


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9995274 No.9995274 [Reply] [Original]

Why is crypto going to shits?

>> No.9995295

>>9995274
It's called a correction.

All these idiots scream the sky is falling. No. A correction is happening. We're going sideways.

>> No.9995491

>>9995274
https://www.anythingcrypto.com/guides/bitcoin-june-2018-price-crash

Because of reasons. Korean exchanges got frozen coupled with the fact that governments around the world want to put regulations on crypto. Nothing we can do but hold I guess

>> No.9995515

Just hold you faggot. It's probably going to go sideways for a while.

>> No.9995587

>>9995274

market manipulation

>> No.9995700
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9995700

>>9995295
>down 70% from its high
>it’s a correction

>mfw

>> No.9996733
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9996733

>>9995700
It is.

>> No.9996798

>>9995274
There was a contractual agreement with the *now deceased* Satoshi Nakamoto with early whales that stated "If the bean is unseen, forget the dream."

This was obviously in regards to Nakamoto's favorite Bitbean. You see the market was most prosperous when Bitbean was widely talked about, appearing in many original memes. They were some good times. Recently, though, shills have taken over the internet, which decreased the exposure of the mean bean.

Going back to the contract, Mr. Nakamoto stated to whales that if there is no presence of Bitbean on forums, then they must paint the markets with giant red candles, even if it would cost them greatly.

You know what to do boys. You've got to turn all shill theads on /biz to Beancash threads. It is the only way we will break $20K. I believe in you all.

>> No.9996821

>>9996733

If this is a correction then what constitutes a crash?

>> No.9996832
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9996832

>>9996798
This guy knows. I can't say anymore right now but trust me that (((they))) don't want you to know about bitbean.

>> No.9996841

>>9996821
Thats what happens when the longs get JUSTed on bitfinex. Currently they're still unflinching at ~30k

>> No.9996858

>>9995274
1. Less adoption, Microsoft/Steam and many others dropped bitcoin.
2. Crash anxiety. So many normies bought at the top and lost huge.
3. (((They))) don't want it to succeed, and (((we))) only care about making money. There are too few that believe the dream anymore.

>> No.9996875

PokenomGO

>> No.9998074

>>9996858
>Less adoption, Microsoft/Steam and many others dropped bitcoin.

Thanks anon the other 2 are bonus but this explains it all.

>> No.9998817

>>9996733
According to your chart it's a crash.

>> No.9999080

>>9995274
It popped, now is the time to accumulate using more play money
If you fell for the hodl meme at anytime but bull market, you are the brainlet
Taxes ain't shit when you're winning but they put the fear of god into anon and now anon bagholds

>> No.9999098

>>9995274
Miners pay 4500 to defecate a bitcoin and are happy to sell in the low 6000s.

>> No.9999109

>>9996858
1. Irrelevant.
2. Irrelevant.
3. Consipiracyniggerology.