/biz/ - Business & Finance

[Anonymous No.17638601]

oh boy
this looks fucking bad
where is the bottom?

[Anonymous No.17638613]

Between 7.8k and 8.2k.

[Anonymous No.17638614]

8660

[Anonymous No.17638617]

time to buy

[Anonymous No.17638631]

>>17638601
i love cute monkeys

[Anonymous No.17638661]

anyone know at what level does it become unprofitable for miners to mine?

[Anonymous No.17638684]

>>17638661
5k

[Anonymous No.17638689]

>>17638601
$1000

mostly down but a bit of up here and there to get there

[Anonymous No.17638694]

>>17638689
retard. out.

[Anonymous No.17638702]

>>17638684
how do you know this?
if true I think we have a LONG way to go...
fuck
where is the pre-halving pump /biz/?
u told me there would be a pump

[Anonymous No.17638705]

>>17638601
0

[Anonymous No.17638737]

>>17638694
2017 to present is a bubble
you're at "return to normal"
there's another 90% down from here

[Anonymous No.17638773]

>>17638702
It's pretty simple math the best asics begin to lose their profitability ~5k, not 5k exactly. It's okay newfriend
>>17638737
You sound like a boomer that has lost the concept of math. Who doesn't understand scarcity, volume, and output.
>>>/out/

[Anonymous No.17638774]

>>17638617

>I'm at piece, I'm the man
Buying stocks on the day of the crash
On the loose, I'm a truck
All the rolling hills, I'll flatten 'em out, yeah
It's herd behavior, uh huh
It's evolution, baby

Based.

[Anonymous No.17638783]

>>17638661
>anyone know at what level does it become unprofitable for miners to mine?

Zero USD. The difficulty readjusts every two weeks.

[Anonymous No.17638785]

>>17638773
ah yes the zoomer
>value must be destroyed in order to be created
very intelligent anon. I'll burn your house down and give you a jar of ashes worth the same value as your former house.

[Anonymous No.17638796]

>>17638737
Have sex for once weirdo

[Anonymous No.17638802]

>>17638796
>hurr durr muh calling anons incels
projection much?
listen zoomer go look at the dotcom bubble and you'll see everything fell 90% and then 90% again. this won't be materially different

[Anonymous No.17638815]

>>17638785
That once again has absolutely nothing to do with extremely basic mathematics. It's all material objects with you people

[Anonymous No.17638894]

>>17638689
>>17638705
Wow so edgy and contrarian.

[Anonymous No.17638897]

>>17638894
>contrarian
no anon, look at world markets. shits collapsing, this is mainstream, you're the contrarian

[Anonymous No.17638902]

>>17638601
it will be over 9000 tomorrow
screencap this

[Anonymous No.17638920]

>>17638785
the boomer has such a deep subconscious fear of an abstract concept he cannot understand completely destroying his old fashioned system that he has to shoehorn creative destruction into the conversation because his deep seated fears made him think that was the topic of discussion by default

[Anonymous No.17638939]

guys why is binance futures so laggy on my laptop? i don't have issues like that on any other trading platform just binance

[Anonymous No.17638942]

>>17638920
"new paradigm"
"return to normal"
zoomers never learn

[Anonymous No.17638950]

>>17638661
12 penny

[Anonymous No.17638969]

>>17638601
The bottom is between 3.2k-4.5k range. That's where it has always been. We just didn't hit it in Feb like we were supposed to, so now it's going to do it in March.

[Anonymous No.17638984]

>>17638897
> look at world markets. shits collapsing
Yeah I'm sure it's the institutional investors suddenly liqiudating their BTC positions over the weekend and not some PlusToken scam coins getting dumped on a low liquidity weekend market triggering stop losses/panic selling.

[Anonymous No.17639050]

jesus christ, we are trading at 8600, and the majority of all price prediction posts are calling sub 5K.

I think the crypto market is experience two different pressures, 1) a bullmarket in relation to the anticipation of the halvening and survival of the bear market. 2) a response to the corona virus where the uncertainty and fear affect nearly all asset classes including crypto and cause people to be less willing to invest and more willing to sell.
the current market is a mesh between these two dynamics, bad corona news = crypto goes down, neutral/good corona news = crypto goes up.

[Anonymous No.17639095]

>>17639050
also the more people that call it going to 5k the more people hold off buying/start selling until it hits that target. self fulfilling prophecy.

[Anonymous No.17639131]

>>17639050
>bad corona news = crypto goes down, neutral/good corona news = crypto goes up.
Don't see any extra BTC volatility compared to its normal behavior

[Anonymous No.17639173]

>>17639050
bitcoin is a bubble that needs new money to continue inflating
only so much sits on the sidelines tethered or otherwise fiat-pegged
there is no renewed public interest in crypto right now
once all the sideline money is back in the pumps will fail
once the pumps fail the dumps will turn nasty
unironically we have nowhere to go but down until the public is ready to put their money into crypto again, and that might not be for another 5 years
at least it'll give us time to clear out the scams

[Anonymous No.17639207]

>>17638902

[Anonymous No.17639211]

>>17638661
Approximately three and a half

[Anonymous No.17639221]

>>17639050
Opposite of biz we moon now thanks for keeping up with niggers posts on biz. Going long like my penis

[Anonymous No.17639225]

>>17638601
Going to retest 3k.

[Anonymous No.17639228]

>>17639173
>thinking we need a lot of people to have a pump.
thats not how the market works. its actually pumping harder the less people fuck around with it since the order is not clogged with retards

[Anonymous No.17639252]

>>17638702
There was always a dump pre-halvings anon, zoom in

[Anonymous No.17639298]

>>17638942
>has nothing to say
>his comparison to boomer real estate failed so he must resort to posting the frog he saw the kids using
Listen boomer. If you cant understand that less of a thing being produced due to insolvency and difficulty of acquisition at the same demand = higher price I'm wasting my time with you. Go eat your oatmeal old nigger. Get the fuck out now nigger

[Anonymous No.17639337]

Going to retest $1k

[Anonymous No.17639344]

>>17638601
$1800 is the bottom of the bubble

[Anonymous No.17639353]

>>17638601
Sub 3k, you haven't seen anything yet. Bullfags on suicide watch

[Anonymous No.17639360]

>>17639344
>>17639353
>>17639225
>>17639050
>>17638969

Get your shorts ready bobros

[Anonymous No.17639366]

THERE IS NO FUCKING REACTION TO THE DUMP BOYS
IM SCARED
CAN ANYONE HOLD ME?

[Anonymous No.17639431]

>>17638661
We're about to hit the Halvening. It's going to be Christmas for miners in 2-3 months.

[Anonymous No.17639437]

>>17639353
i'd love it if it went to sub 3k

[Anonymous No.17639440]

>>17639437
if it went sub 3k i would legitimately take out a loan

[Anonymous No.17639450]

>>17639431
I don't think you know what christmas means

[Anonymous No.17639457]

aaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaasdddddfasdfasdfasdfa
sdf
asd
fa
sdf
a
sdf
asdf23g42tAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

[Anonymous No.17639464]

>>17639450
He's probably satanist

[Anonymous No.17639465]

>8595
AND IM FREEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE

[Anonymous No.17639478]

>>17639465
we arent free fallin until it breaks 8400

[Anonymous No.17639483]

>>17639228
Delusion

[Anonymous No.17639488]

>>17639298
It’s ok anon you’re just the unironically dumb money

[Anonymous No.17639517]

>>17639483
thin order books makes it very easy for bitcoin whales to manipulate the markets, anon has a point faggot

[Anonymous No.17639709]

will 8,5k hold?
place ur bets

[Anonymous No.17639717]

March 10th Tue, it’s Purim. Wonder what they will pull

[Anonymous No.17639718]

>>17639709
Nope, and neither will 7k
6k
5k
4k
3k
2k

WE ARE GOING TO 1K

[Anonymous No.17639742]

I bought at 8600...

[Anonymous No.17639911]

>>17639478
and so it has

[Anonymous No.17639920]

>>17639911
AND IM FREEEEEEEEEEEEEEEEE
FAAAAAAAAAAAALLLLLLLLLLLLLING

[Anonymous No.17639937]

>>17639718
Lmao delusional bulltard. Imagine thinking 1K is the bottom. Try $100 USD, asswipe. Even that is wishful thinking actually. This shit is going straight to Z E R O. Faggot.

[Anonymous No.17639954]

>>17639920

[Anonymous No.17639961]

Around $1k below the actual price.

[Anonymous No.17639964]

Between 8.4 & 8.2

[Anonymous No.17639969]

i just longed boys
pray for me

[Anonymous No.17639988]

>>17639937
>$100
delusional bull fag.

anyone who owns crypto will be imprisoned on sight for wasting valuable economic resources on worthless internet points

[Anonymous No.17639992]

>>17639969
F

[Anonymous No.17640014]

>>17639969
leverage ?
liquidation ?

[Anonymous No.17640015]

>>17638737
Please don't breed. We don't need any more fucking retards like you around

[Anonymous No.17640037]

>>17640014
liquidation at 7k, 5x

[Anonymous No.17640047]

>>17638601
The chart shows you. The sellers are losing steam. Support chop getting longer and sell volume is dropping off.

[Anonymous No.17640067]

>>17640037
that might be a tight one anon
any stop loss ?

[Anonymous No.17640129]

>>17640067
I added another 20k worth of, liquidation at 7,6k
Ill stop loss at 8150

[Anonymous No.17640141]

>>17640047
how is that working out for you you fucking retard?

[Anonymous No.17640149]

>>17640129
that's brave
hopefully you'll get a nice gap closing cme pump tomorrow

[Anonymous No.17640163]

>>17638601
We are still correcting from the bubble and we should go below 1K. Buy the dips faggots sure.

[Anonymous No.17640340]

1k. cope bulltard

[Anonymous No.17640347]

so where do we think this dead cat's gonna bounce? 8200?

[Anonymous No.17640354]

Going to drop to $1800 eventually.
Only after that we'll see the start of the next bull market.

[Anonymous No.17640394]

holy fuck
this DOES NOT look too good

[Anonymous No.17640421]

>>17639969
>>17640394
YIKES

[Anonymous No.17640451]

>>17640394
> CME at 9165
that's a big gap

[Anonymous No.17640456]

>>17640047
RIP

[Anonymous No.17640461]

HAHAHHAHAHA FUCKING DUMP IT INTO THE GROUUUUNND

BUUUURRRRRRRRRNNNN HAHAHAHAHAHHAHA

BOBOS NEVER FUCKING LOSE BABY

[Anonymous No.17640486]

>>17640461
YEEE HAW 8200 BROKEN

[Anonymous No.17640489]

my stop loss just popped
fuck
what the fuck is going on guys
how can this be happening on a fucking sunday

[Anonymous No.17640497]

>>17640129
it's gonna hit your stop then pump
just watch

[Anonymous No.17640513]

If we drop below 7700 then we'll enter a descending wedge and it's ogre

[Anonymous No.17640543]

>>17638894
>Btc can never dumb big, only small dumps and BIG PUMPS! HALVING SOON!!!

[Anonymous No.17640546]

>>17639969
biggest oof ever

[Anonymous No.17640547]

>>17640489
rejecting the 50 then dropping the 200 daily MA was super bearish

[Anonymous No.17640554]

Could shoot myself out of a cannon for closing my short at 8.4k already. On the bright side it would appear that I have been correct.

[Anonymous No.17640559]

just watch it pump to + 8400 now

[Anonymous No.17640575]

there is a very strong support around 8150 so it could very well bounce, lets see shall we

[Anonymous No.17640594]

we are going to .00003251 USD, itll be 2009 all over again

[Anonymous No.17640655]

>>17639969
How many times does it need to be said.
Do not catch a falling knife. Itll consolidate and give you time to assess and place a trade. If not and t shoots straight back up then it was a scam gamble range that you should have never touched purely based on bankroll management.

[Anonymous No.17640831]

Annnnnnnd we’re back! Nice try bobos but your fake ass dump is over.

[Anonymous No.17640852]

>>17640831
Big bull energy

[Anonymous No.17640862]

>>17640655
This

[Anonymous No.17640901]

That was it ?

[Anonymous No.17640963]

>>17640901
I wouldn't be so sure. 8740 is likely a resistance now. You'd want to see a close firmly above that to be bullish again.

[Anonymous No.17640992]

>>17638601
It failed to hold $8,300. See you at $7,700.

[Anonymous No.17641024]

>>17640901
Likely not as this roodypoo >>17640963 said 8150, had strong resistance. Price doesnt typically break through first time but will be tested one, two, maybe more times.
Probably will bounce here for however long and go down to 7800 / 7700 to wreck the shorts and then scam back up.
Be prepared to see some big candles this bull cycle, in both directions. Derivatives play too big of a role in price action now.

[Anonymous No.17641077]

>>17638939
this isn't a fucking tech support line; why don't ya look up "binance support India" and see if those nice street shitters can take your money, uh, I mean help you.

[Anonymous No.17641092]

>>17640655
>>17641024
Checked and 200 IQ poster. Do you trade for a living?

[Anonymous No.17641105]

>>17640015
that doesn't stop them...only encourages

[Anonymous No.17641201]

>>17641092
Real talk, I know its my own fault and im not looking for sympathy. Just being honest.
If I had money I would. Im a poorfag at 28 with little hope. I can trade. I cant retain capital. I don't earn enough and spend too much on weed coping with my shit life.
My only hope is consistent x5's throughout this bull. I really need a lump sum to make it, but it wont happen.
For instance, im +70% throughout feb. Through leverage trading. I cashed 95% out, again, as I couldnt make it to the end of the month.
At this point crypto is just a guaranteed sports bet for me. I place my bets and cash out at the end of the month.

[Anonymous No.17641218]

If $8300 fails to hold it is GUARANTEED, REPEAT GUARANTEED to fall to $5200. REPEAT. WE MUST HOLD $8300 FOR BITCOIN TO SURVIVE

[Anonymous No.17641254]

>>17641201
kek same. it sucks often being right but not having the capital to make the most of it.

[Anonymous No.17641261]

>when shit hit the fan, BTC will Moon!
>T-Trust me bro, I'm 21 and know my shit
AHAHAHAHAHAHAHA

[Anonymous No.17641274]

>>17641218
Calm down Majin Yes further downwards price action if 8300 fails. 5.2 pfft.

[Anonymous No.17641300]

>>17639969
youre a fucking retard

[Anonymous No.17641344]

>>17641300
imagine being so deluded and retarded that you think whales will abandon BTC for an ERC20 token

[Anonymous No.17641368]

>>17638601
It’s Bart season

[Anonymous No.17641520]

>>17641274

shit. I've got too much capital and a low trading IQ....wanna team up? lel

[Anonymous No.17641595]

>>17638601
at 5k

[Anonymous No.17641646]

>>17641520
Yes, [e-mail]
I will provide you information to learn, I cannot learn for you, I will not tell you what to trade. The old saying teach a man to fish will apply. I will not charge you for this either. The onus is on you, I will merely provide the direction.