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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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22766989 No.22766989 [Reply] [Original]

Who keeps selling at these prices. Seriously.

>> No.22767046

>>22766989
You know what, just for you I will let it ride 2 percent, go sell

>> No.22767075

Who's not buying at these prices. Seriously.

>> No.22767086

>>22767075
buy high, sell low

>> No.22767109

>>22766989
People who bought above 8 and want out. In other words, newfags and normies.

>> No.22767129

People that are never going to make it

>> No.22767145

>>22767109
Ie James Kingston

>> No.22767152

Founders

>> No.22767159

>>22767129
so anyone that doesn't hold DMG

got it

>> No.22767170

>>22767129
>ID: YODOLT

>> No.22767184

>At this prices

Link was 1.3$ 4 months ago

>> No.22767191

>>22767159
I've lost 30% on that shit and still hodlin.
Fuck that thing though.

>> No.22767221

>>22766989
Nobody sells, except mongos. This is shorted to shit to liquidate all the niggers that started to take loans between 2 and 8 to buy more LINK and didn't realize they had to risk manage their aave ponzi

>> No.22767231

>>22767075
>>22766989
I'm sort of convinced at this point 80% of people invested in crypto have NO IDEA what it does, and will continue to have weak hands until people on CNBC are telling them to buy. People STILL think it is a highly speculative asset that might have zero future. Despite the fact that now we have enterprise adoption for many cryptos, and the fact that many countries are exploring digital dollars(some even considering using Ethereum or other blockchains to run them on). I mean for fucks sake, do people really think Microsoft, Ernst and Young, Google, and the Chinese government got fooled by vaporware scams and smart contracts and public blockchain is worthless? Wake the fuck up. It doesn't bother me as much because now the writing on the wall is so clear, I just buy during these times.

One of the dumbest things I've ever seen (and people will laugh at this in the future) is how crypto DUMPED on the Corona virus crash. Smart contracts and crypto are literally what the world is going to move to after this. More automated work (smart contracts), cashless economies (BTC, ETH). Also businesses in the future will need a trustless system to transact on so countries with scammy businesses like China can't get away with full on scams.

>> No.22767265

>>22767075
Jokes on you. I only buy high

>> No.22767370

>>22766989
who isn't selling is the question? we're in a clear downtrend with no end in sight. why keep holding like a cuck when you can buy in 50% lower in a couple weeks? seriously what is the catalyst for this dumping to end? all the technicals are as bearish as possible. the stock market is still way overbought. election uncertainty. covid cases spiking already with winter around the corner. blindly holding and hoping the dumping stops isnt a strategy.

>> No.22767411

>>22767370
>we're in a clear downtrend with no end in sight.
Buy signal. This whole space is still incredibly undervalued. With the world events going on and the developments in crypto, you should be buying every dip.

>> No.22767459

>>22767231
cope. there is still zero real world adoption of smart contracts and wont be for years. after all this time all we have are yield farming ponzi scams and food coins. crypto is a joke. and I've been here since 2016.

>> No.22767507

>>22767411
>This whole space is still incredibly undervalued
according to what? your delusional need for crypto to moon because you're a loser with no other option? there are no real world problems that crypto is solving.

>> No.22767557
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22767557

im currently buying low and not selling lower

>> No.22767657

>>22767086
The /biz/ way

>> No.22768186
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22768186

>>22767507
>your delusional need for crypto to moon because you're a loser with no other option?
SHUT THE FUCK UP

>> No.22768723

>>22766989
node operators to keep themselves profitable

>> No.22768770

>>22766989
People bought giant bags literally for 20 cents anon

>> No.22769161

>>22767459
Been in crypto since 2013. Bitcoin is unironically the only thing that matters.

>> No.22769368

>>22766989
People who bought for 20 cents dumbass.

>> No.22769409

>>22766989
broke ass faggots who have bills to pay.

>> No.22769599

>>22766989
Leveraged longs who get liquidated. People who are scalping. Accumulators who have access to people's stop losses and are forcing them, possibly by liquidating longs. Plus people who just can't take it and are capitulating or tethering out or just selling to gamble on something.

>> No.22769696

>>22767507
>oof

>> No.22769760

>>22766989
panic...and people selling for christmas purchasez

>> No.22769821

>>22767231

I mean, I agree with you about the long-term, but if I feel like the price is gonna keep going down, I want to convert back to level so I can buy back in when it's lower

I am definitely a newfaglet and trying to understand the logic behind smartcontracts (which means tackling complex computer, finance and mathematical concepts I'm not acquainted with) so it's very possible that I'm falling into sheeple mentality without being aware

given the lower price yesterday, let's say, I wanted to buy, but now that I see the price has gone down again today, I want to wait for some sort of stagnancy before I buy back. The fact that there was stagnation for a few days previously leads me to believe it's not likely to go up since it went down.

there are probably billions of factors I'm not accounting for in real world economics as well, but such is the life of lowiq newfaglet here to learn and be schooled

>> No.22769848

>>22769161

What about eth?

>> No.22770465

I look at historical data on charts and try to soot the lowest wick before bull runs. I like to imagine that seller at the bottom of that wick is that guy in titanic who kept holding on and then eventually lets go and smashes into the gigantic screws.