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/biz/ - Business & Finance

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3477955 No.3477955 [Reply] [Original]

Will you please relax already? Compared to crashes in the past this is nothing.

>> No.3477966

>>3477955
so far

>> No.3477983

>>3477955
chinese exchanges ACTUALLY SHUT DOWN. this is nothing? Delusional OP.

>> No.3478000
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3478000

AHHHHHHHHHHHHHHHHHHH

>> No.3478035
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3478035

>>3477966
Just one exchange, not even the biggest.

>> No.3478096

>>3477955
I fucking hate that communist

>> No.3478109
File: 96 KB, 1182x727, Screenshot_20170914_230054.png [View same] [iqdb] [saucenao] [google]
3478109

I'll relax when this wall stops being eaten
a little

>> No.3478123

>>3478109
19999
it's gone
https://bitcoinwisdom.com/markets/okcoin/btccny

>> No.3478126

>>3477983
one exchange is voluntarily closing at the end of the month.

>> No.3478330

>>3478126
We don't know what will happen but I don't think it looks sunny yet. The china situation is just starting. It's not like that exchange closes because they want to, it's because they have to.

>> No.3478500

>>3477983
Chinese exchanges are like 15% trading volume max

And you think this should cause a over 30% crash?

>> No.3478562

>>3478500
its just a trigger for the sell off you stupid nigger
this is how all bubbles pop, a black swan event
it doesn't make sense?
I mean, did any of these gains make sense? did you really think a bunch of neets sitting at home would make it? like really anon?

>> No.3478573

>>3478500
Agreed it's pure psychology

>> No.3478630

>>3477955
He said the week before losing 50%
Thisisfine.jpg

>> No.3478694

>>3478562
Fuck you I understand perfectly well how these markets work. My question was whether you think fundamentally it makes sense that the market drops more than 15% in the long term if 15% of the volume is removed?

The gains are from more people entering, using and speculating with crypto. So now it's simply 85% left speculating. Not the end of the world

So fucking tired of the stupidity of the so called investors here. Boohoo china does something for the 50th time and everybody is here screaming it is the end of crypto. Then 2 weeks later when everything starts skyrocketing everyone is here predicting trillion dollar market caps.

Fucking idiots seriously