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/biz/ - Business & Finance


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25902552 No.25902552 [Reply] [Original]

Is it time to assess just how irrational the market is being right now, and how dangerous things really are?
>NANO at $430,000,000 MC
>AMPL at $226,000,000
>RSR at $332,000,000
>DOGE at 1 billion dollars
>UNI at 1.1 billion dollars
>fucking VeChain at 1.5 billion
>Tron and EOS at 2.4 and 2 billion
>binance coin at 5.5 billion
>cardano almost 9 BILLION DOLLARS

Even if you ignore BTC and dismiss the Tether problem as fud, this is still absolutely insane. These shitcoins should be at 0. But the market has become so irrational that everybody is buying anything they can get their hands on. The sense is that the price will always go up. Just buy. This is not digital gold. These are not groundbreaking companies. This is "new paradigm" levels of euphoria and greed.

>> No.25902593

>>25902552
>GRT isn't something that everything bought to get their hands on it
thank you for the buy signal bobo i will purchase another $50 worth

>> No.25902714

>>25902593
>have a working product with no token needed
>make yourself a token so you can cash out hundreds of millions of dollars in a speculative mania
>investors buy, you dump, you're rich
This is the SIGN of a bubble, whether it's dotcom stock IPOs or ICOs in 2018.

>> No.25902929

>>25902714
i'll buy some more

>> No.25903025

i sold everything ~35k average, had an underwater hedge short and started posting bobo takes but still hold ampl. yea perhaps I am still delusional about the alt run

>> No.25903090
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25903090

>>25902714
>it's bubble based
But what a bubble it can be!

>> No.25903482

>>25903025
>AMPL
Worthless shitcoin. But hey, shitcoins worth even less and blatant scams have gone +500%, so you might make money regardless.

>> No.25903563
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25903563

coming through motherfuckers. step the fuck down bitches. i came to fuck some eth and sniff some BTC