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/biz/ - Business & Finance

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4589496 No.4589496 [Reply] [Original]

It breached past the logarithmic scale. Death inbound. Exit markets A S A P.

>> No.4589515

>Implying anything is possibly rational in crypto anymore

We're hitting mania baby

>> No.4589522

>>4589496
Already been out for a while, same with ETH which was extremely overbought at $478 a few minutes ago, and waiting to buy a BIG dip.

>> No.4589526
File: 15 KB, 200x200, 814f20226404924dcc45daa6feeea37f.jpg [View same] [iqdb] [saucenao] [google]
4589526

>>4589496
OP is a (((banker)))
He wants you to sell your bitcoins
He wants to pick them up cheap cheap
No OP, NO! Shoo Shoo!

>> No.4589618

>>4589496
Whatever fuckhead no one is selling. Ever. Till options are available there is no chance of a crash.

>> No.4589794

It's proven the sheep are so blind to the obvious now after so many red flags, Finex should just blatantly print 1 billion tethers and shoot this thing to 50k for shit and giggles.

>> No.4589819

>>4589618

But you can cash out BTC, idiot.

>> No.4590061

>>4589496
Thanks just sold 100k
>>4589819
>he thinks he can cash out

>> No.4590078

Anyone notice that alts didn't really suffer too much in this bull run (at least in terms of fiat value). Does this indicate that Bitcoin is rising due to new money?

>> No.4590083
File: 27 KB, 413x395, 1510109231251.jpg [View same] [iqdb] [saucenao] [google]
4590083

>>4589496
looks like that new 20 million tether is being put straight to work

>> No.4590084

>>4589496
Fuck you I just went long - up 700$ on my margin trading today so this next hour or so should cap it off nicely.

>> No.4590085

>>4589496
This shit is going parabolic with potentially big corrections and reloads for the next few years.

It’s obvious.

>> No.4590090

fuck this I'm out - a lot of people are going to get screwed by crafty traders. See you on the other side

>> No.4590108

Exit to what? As that one guy said, ETH is overbought. I might jump on Monero as its holding USD around $163 pretty well. Any better ideas?

>> No.4590116

>>4590078
Noticed. Or new money into alts? Probably both.

>> No.4590124

>>4590108
stellar seems good

>> No.4590127

>>4590108
Doge

>> No.4590147

>>4590108
Litecoin seems to be holding its value well.

>> No.4590163

>>4590108

fiat you mong

>> No.4590167

>>4590108
>>4590124
2nd for Stellar Lumens

>> No.4590172

>>4590163
There's gonna be a huge fiat correction soon.

>> No.4590180

>>4589522
>eth overbought
how do you figure

>> No.4590184

>>4590163
I'm all in on bittrex. Could move it over to normiebase but CBA. Plus fiat is for pussies. Imagine the run on ETH and LTC when this does crash!

>> No.4590191

>>4590078
The Thanksgiving FOMO.

>"Hello family, check out how much money I made on bitcoin this year."
>O_O

>> No.4590193
File: 388 KB, 640x966, 31A1D6A6-C64A-4EE1-BFD9-7972019C9136.jpg [View same] [iqdb] [saucenao] [google]
4590193

>>4590116
BTC and BCH’s inverse correlation is not seen recently - suggests new money moving in rather than stale money sweeping around
>its normening

>> No.4590195

Mooncoin, boys. Buy mooncoin.

>> No.4590199
File: 78 KB, 429x410, 1510440547862.png [View same] [iqdb] [saucenao] [google]
4590199

Join THE Official /biz/ discord bros

https://discord.gg/t4H6zWp


https://discord.gg/t4H6zWp


https://discord.gg/t4H6zWp


https://discord.gg/t4H6zWp

>> No.4590203

>>4590172
> What did they mean by this?

>> No.4590242
File: 255 KB, 1386x785, livermoreanalysis.jpg [View same] [iqdb] [saucenao] [google]
4590242

>>4589496
>implying

Brainlets go away, there are actual techniques involved in market prediction.

>> No.4590243

>>4590108
I see no reason why ETH is overbought, it trailed at $300 for months, it was due that it shot up.

>> No.4590244

>>4590108

I cashed out, and spread out my last %10 into All the bitcoin ripoffs that could grow due to brand recognition and low transaction fees

>> No.4590253
File: 21 KB, 128x128, 1510717212360.gif [View same] [iqdb] [saucenao] [google]
4590253

>>4590163
How can you do that when you can't even cash out?

>> No.4590259

>>4589496
thanks NSA just bought government bonds and weed

>> No.4590269

>>4590108
fucking fiat if king falls they're all fucked

>> No.4590277

BCH is coiled to hit 2k when BTC corrects. If you play this right you can sell BTC at 9900ish before everyone else sells...buy BCH at hopefully for you the price that its at now...then sell when it hits between 1900/2k or watch for it to go higher. Then after BTC hits rock bottom...buy back into your baby. alllllll righty then

>> No.4590287
File: 3.20 MB, 2951x9999, nocoiners dead.jpg [View same] [iqdb] [saucenao] [google]
4590287

>wow this graph is too steep its crashing mania is here

>> No.4590305

>>4590277
>sell BTC at 9900ish

it'll crash before that, or much after that

i'd say it should already be crashing soon, like right fucking now

>> No.4590319

>>4590244
honestly good move on XBC, if you have any reasonable amount make sure to run the wallet and stake

>> No.4590336

9700 breached on GDAX

>> No.4590343
File: 210 KB, 744x860, Screen Shot 2017-11-27 at 01.47.38.png [View same] [iqdb] [saucenao] [google]
4590343

WHAT THE FUCK IS THIS SUPERNATURAL SHIT

>> No.4590348

>>4590305
It's gonna crash back down to $500 probably.

>> No.4590360

9700 breached on BFX. what the fuck

>> No.4590382

>>4590305
nah too many suckers are being roped in still

>> No.4590397

>>4590108
>>4590269
Is USDT = fiat ? Can I park it there overnight or should do something stable like eth or ltc?

>> No.4590423

Insider here, my dad is BTC
It'll hit $150k by end of 2018

>> No.4590437

>>4590108
You kidding? Litecoin is the only good option

>> No.4590447

>>4590242
in your picture is 17k the 8 or the 10?

>> No.4590464

>>4590437
I've got 70% of my money in LTC right now.

>> No.4590489

>>4590464
Same, please tell me it's the right move.

>> No.4590506

>>4590489
My gut tells me no but im too much of a pussy to stay in BTC right now.

>> No.4590509

>>4590464
>>4590489
Nobody can tell you it won't be affected, but good luck out there.

>> No.4590517

>>4590199
expired

>> No.4590518

10k in korea

>> No.4590529

>>4590464
>>4590489

Definitely not, LTC is bound to be heavily affected by BTC, I'd suggest ETH unironically

>> No.4590537

>>4590447
10

>> No.4590568

>>4590489
There’s no way it’s not. At 25% of bitcoins current market cap, better technology, and how closely related it is with bitcoin there’s no way bitcoiners won’t fly to litecoin when it dives. Plus it’s more spread out so it’s a more stable investment so all these new boomer investors that are just now hearin about this crypto stuff are gonna go for the reliable coin. We easily have potential to reach $2000

>> No.4590579

>>4590529
Other than 'technical analysis' what reason do we have for BTC crashing soon. IMO there would have to be some kind of big news event (like 'China is banning Bitcoin').

>> No.4590590

>>4590529
Eth isn’t even a currency homie

>> No.4590606

>>4590568
Literally no one with money is flying into LTC as a safe haven. Everyone will be going to ETH for safety, or BCH if they're betting it'll be a bigger crash, since they can triple their profits by trading btc/bch pairs in the event of a 'dragoning' hype.

>> No.4590611

>>4590579

Everything points to a correction, it could/not happen, but if it does it's probably not gonna be a small one.

>> No.4590613

>>4590590
Technically no 'cryptocurrency' is a currency.

>> No.4590631

>>4590579
This is the way I'm looking at it too. However, there's still a chance of a domino effect causing it to drop back to 8k in the short term.

>> No.4590635

>>4590611
I get that, but these markets seem to be different to any other market in the past, so I'm not so sure. Does there need to be some big news event to cause a crash (say in other markets in the past leading up to a correction ie dotcom bubble).

>> No.4590646

>>4590579
Overbought and overvalued, people wanting to cash out, traders and whales who are waiting for a huge correction will trade on it, making the correction bigger since it is in their best interest long term.

Might not happen, crypto is unpredictable, but there's virtually no chance we don't see a 30%+ red day before 12k.

>> No.4590664
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4590664

>>4590242

Good to know you updated it.

>> No.4590672

>>4590108
mtl , salt, nuls etc

>> No.4590684

>>4590646
the Lord giveth, and the Lord taketh away.

>> No.4590689

>>4590646
Despite my hesitations I'm only got 10% of my money in BTC right now, so I guess a correction would be good for me long term if it means more other coins gain on BTC pairs (even if they also drop in the short term).

>> No.4590711

>>4590242
>17k to 1.7k
Thats fucking suicide tier

>> No.4590727

>>4590664
That ain't my image my man.

>> No.4590734

>>4590646
Although it would probably be smart for me to shift from 70% LTC to at least 50% LTC 20% Eth.

>> No.4590744

>>4590579
It doesn't matter what the reason is. Just needs to be the first domino

>> No.4590758

>>4590606
I call bs it’s the only stable coin with enough hype. No 1 wants eth anymore except for the shills that jumped on the bandwagon earlier this year and dummies that don’t know about the actual usability of the technology,

>> No.4590812

If BTC crashes, what do you think is going to happen to all the alts that aren't even being used as cash? Just fucking think about it. It's all or nothing BTC.

>> No.4590916

>>4590108
XRP

>> No.4590922

>>4589515
this. its just like the tulip craze at this point.

totally unpredictable

>> No.4590925

>>4590812
LTC is probably the most used coin after BTC.

>> No.4590991

This pump is giving me a nosebleed

>> No.4591026

Here's a hint, what's the coin with the huge whale sitting right below the btc pair price just waiting for the price to fall back?

What's the coin that makes the king and most altcoins irrelevant?

What's the coin that will be the leading trade pair on many exchanges coming in December, exchanges that actually have reserves and will not be using tether?

That's the coin that will save you when the btc bubble pops, every other coin is tied to BTC price, which is mainly valued in tether, a made up token with nothing backing it.

Only this coin will save you.

BitcoinCash. Sorry not sorry.

>> No.4591053

>>4590269
The King is USD you useless double niggers. Imagine the dollar shills right now.
>fucking crypto if king falls they're all fucked

>> No.4591072

>>4590193

Jesus Christ you're right
It is Normieing
If anything it is time to get another 2000 worth this week before it leaves the Decimal system and we are counting in units of 20's

>> No.4591132
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4591132

Closer... Closer

>> No.4591143

MAKE IT STOOOOOP

>> No.4591168

>>4591132
Are you seriously using google to check the price.... use cryptowat.ch BTC/USD Bitfinex so you can at least see spoofy in action.

>> No.4591227

>>4591168
I just like the calculator
I usually use block folio because I can see the orders.
Some sick fuck just bought 94 of these damn things

>> No.4591245
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4591245

Wtf is that volume?

Part of me is saying gtfo, part of me that it will go over 10k and carry on going. That's impossible, right /biz/?

>> No.4591288

WE DID IT BROS!!! WE REALLY DID IT!!!!!

>> No.4591321

>>4590191
This.

>> No.4591324
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4591324

How much fucking longer are you gonna make me watch before one of these decides to be the one to moon relative to the other.

>> No.4591336

>>4591288
fucking hell this place is now reddit

>>4591245
They would have to chew through 5.7K sell orders. Who the fuck knows at this point. They might have to squeeze the shorts at some point.

>> No.4591352

Correction incoming?

Dipped $200

>> No.4591376

>>4591245
>Part of me says this will go to $1,000 bu that's impossible right?

Always do opposite of biz.

>> No.4591384

>>4591227
where are you from, little lady?

>> No.4591406
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4591406

9588, going down.

>> No.4591421

>>4591245

This is my dilemma too.

I wouldn't even mind missing out on a BTC moon because I have a lower value portfolio anyway but it's not only missing out on the value that's the issue, it'll bleed any altcoins I move into like it's done twice to me when I misjudged a BTC moon.

>> No.4591422

My wire transfer is taking to long to get through to coinbase so I can't go all in yet. REEEEEE

>> No.4591440

9495, is it actually happening?

>> No.4591450

>>4591352
What is the opposite move(s) of BTC long? Watch what the market is telling you. What is a speculative move vs. a change in trend?

>> No.4591469

>>4591440
ITS CRASHING!!! SELL SELL SELL

>> No.4591475

>>4591440
>>4591406
How short is your attention span? literally just earlier today it dropped from 9600 to 9150. Now it's at ATH. What makes you think "this is the one"?

>> No.4591491
File: 101 KB, 738x800, flat,800x800,075,f.u1.jpg [View same] [iqdb] [saucenao] [google]
4591491

>>4591245
you partially buy in. When it dips hard you buy in again, if it goes up you partially buy in again.

I've been taking 10% of my weekly salary for the last 5 years doing this.

>> No.4591498
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4591498

>>4591475
/thread

>> No.4591502

>>4591475
The fact that gooks are awake makes me nervous.

>> No.4591546
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4591546

it gained $1000 value in a day is dancing between 9500-9700... totally the end... because fuck hitting $13,337.1337..
nah.. we're going 20k+ march 2018.

>> No.4591578

>>4591546
Bitcoin will never get as high as $20k lmao.

>> No.4591580

>>4591502
That's the kind of thinking that led to the Vietnam War.

>> No.4591584

>>4589496
Better not dip anytime in the next few hours. I'm still at work and forgot to put a stop limit

>> No.4591598

>>4591546
13.8k Feb 18'. Can see the break out now.

>>4591578
Good goy sell your bitcoin.

>> No.4591602
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4591602

>>4591578

>> No.4591717
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4591717

>>4591376
This.

>>4591491
>Mfw I do not have a salary

Might sell half to be safe. Been on this ride since 2700 so as long as it doesn't dip that far.

>> No.4591877

>>4591717
just keep buying anon. I've pretty much got enough for retirement but im still going at it.

>tfw i will lose my only friends at work if i quit

>> No.4592073

It's scary how many of you will go right back to being broke and meaningless when this goes down. I mean I actually am scared for all of you. And you guys probably started ranting to family and will make them lose tons of money they actually earned as well.

This is going to be the largest transfer of wealth since the 08 crash that started the idea of bitcoin in the first place.

We tried to tell you guys it was hijacked, we tried to show you it wasn't just normies that it is being artificially run up to get you to throw more money in and get your family to as well, but no. You sit here and put your fingers in your ears and ignore logic and evidence.

Oh well

f5 f5 f5 f5

I'm loving every moment but this is just the beginning.

Tards

>> No.4592177

>>4592073

I'm guessing you're converting to fiat? What's your plan boi.

>> No.4592189

>>4592073
So... what bank do you work for?

>> No.4592245

>>4592073
*Tips Fedora* have a (You) faggot

>> No.4592254

>>4590916
gave me a laugh

>> No.4592261
File: 16 KB, 660x381, ETH.png [View same] [iqdb] [saucenao] [google]
4592261

What the fuck is going on with ETH? I'm too much of a brainlet to interpret this but I'm already holding it.

>> No.4592401

>>4592073
I'll have my PHD in physics soon so I'll be ready to start my $350k per year job.

>> No.4592424

>>4591491
so youre paying for btc while others just trade coins to multiply their btc............

>> No.4592425

NO ONE IS FUCKING USING BITCOIN YOU CAN BUY LESS SHIT WITH BITCOIN NOW THAN YOU COULD YEARS AGO

WHY THE FUCK DO YOU IDIOTS FALL FOR THIS SCAM

>> No.4592455

>>4590163
why i am holding forever!

>> No.4592457

>>4592261
ETH is a safe hold. BTC rally is slowing down. Also BTC rally makes most other alts look terrible in comparison. Therefore, people are switching to something else.

>> No.4592487

>>4592073
I'm young, have a well paying job, and have enough savings in my account to last me a year should something terrible happen. Currently I could lose 95% of my crypto portfolio and break even from how much USD I put in.

You're projecting this idea of false superiority over other people. It really means nothing.

>> No.4592501

>>4590611
what points to it?

>> No.4592522

>>4592487
it meant enough for you to share your bio, rebecca.

>> No.4592543

>>4592522
Do you hide your thoughts behind a veil of irony and unfunny jokes in real life too?

>> No.4592659

>>4590180

Probably looking at RSI or something, it was signaled as overbought.

But as a TA amateur, just historically looking at ETH, we can say that there'd at least be a minor retracement before an actual downturn. At the other two big rises and dips there was something like a 1/5 - 1/4 retracement, then either some horizontal movement or just a tumble back down to 2/3 - 3/4. The recent $300 horizontal movement lasted for a pretty long time though, seems like there was lots of uncertainty about where to go, or maybe just when to start moving up.

>> No.4592726

So I guess going all in on LTC was a good call? Wonder why it's randomly pumping now.

>> No.4592730

>>4592543
rebecca: confirmed.

>> No.4592741

>>4592425
Amazon will announce support next July. BTC will hit $50k next year and continue to rise

>> No.4592745

>>4592457
>slowing down

Nigga zoom out

>> No.4592781

So LTC futures is trading at like $5 higher than LTC, what does this mean? Can we expect LTC to continue going up?

>> No.4592810

>>4592726
If you haven't figured out that most crypto is manipulated by now you should kys.

Manipulation groups manipulate and our job is to ride on their coattails.

>> No.4592824

>>4592073
I have not seen a more SEETHING post on /biz/ from a nocoiner.

>> No.4592899

>>4592824
He is a nocoiner soy boy angry at the world because of his tits. Confused by what is going on around him and unsure if he will become a trap.

>> No.4592947

I feel like LTC will finally breach $100 today.

>> No.4592955

I can understand BTC rising, but how the fuck are all my alts up too?

>> No.4592962
File: 1.44 MB, 489x270, nocoiners_and_bitcoin_bubble_popping.webm [View same] [iqdb] [saucenao] [google]
4592962

>> No.4592995

>>4592962
Literally me

>> No.4593031

>>4592955
nobody knows cunt

>> No.4593049

>>4593031
It's pretty fucking obvious. A fuck ton of new mining is pouring in, and some of it is leaking into alts. In the past, a lot of the money going into BTC was coming out of alts, this is clearly no the case atm.

>> No.4593064

>>4593049
Money** not mining obviously lmao (I'm delirious right now).

>> No.4593071

>>4593064
delirious from the fact it is still rising anon?

>> No.4593092

>>4593064
All my family is still buying BTC FFS they can't be stopped

>> No.4593102

>>4590108

>Exit to what

XRP. 60%+ of it's volume is in FIAT. It will hold it's ground/recover better than virtually any other alt.

>> No.4593107

>>4593092
ROFL now? on a rise? No doubt many noobs are coming into the market right now......

Also Big bang theory airs its btc themed episode on the 30th.

>> No.4593110
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4593110

im about to buy get out quick

>> No.4593124

>>4593107
I know I told them to wait for a dip, but they said everyones waiting for a dip

>> No.4593141
File: 50 KB, 645x729, 1505703207273.png [View same] [iqdb] [saucenao] [google]
4593141

>>4593102
what do FIAT stand for

>> No.4593152

>>4593092
My boss just put $200k into BTC.

>> No.4593159

>>4591132
IT'S OVER 9000

>> No.4593170

>>4593141

Seriously?

Dollars you brainlet. Dollars.

>> No.4593172

>>4593141
legal tender aka cash or "real" money, not crypto

>> No.4593182

The best time to sell will be mid-late December. Maybe even early January, but the crash is coming soon.

>> No.4593191

>>4593141
Federally
Insured
And
Traded

Just kidding you mong.
https://en.wikipedia.org/wiki/Fiat_money

>> No.4593210

>>4593172
Fiat or legal tender <> money brainlet. Some cryptocurrencies actually do have the properties of money. This is the state of /biz/

>> No.4593234

>>4590124
3rd for stellar

>> No.4593253
File: 27 KB, 645x730, 1507771625641.png [View same] [iqdb] [saucenao] [google]
4593253

>>4593170
>>4593172
>>4593191
ok but why do people capitalize it so often in the cryptospace if it isn't an acronym or initialism

>> No.4593279

>>4593141
Fix it again Tony

>> No.4593302

>>4593253
Cause people don't understand Latin and are brainlets (unrelated).

>> No.4593344
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4593344

>>4593302
>>4593253
> Cause people don't understand Latin and are brainlets (unrelated).
They don't understand shit let alone what money is. You are surrounded by retards and shitskins being manipulated by autists who are being manipulated by jews. Welcome to /biz/.

>> No.4593350

>>4593182
you have no idea what you're talking about.
This is all just pure speculation. no one knows what will happen.

>> No.4593374

>>4593350
He isn't wrong look at historical data.

>> No.4593390

>>4593350
This

Does anyone actually know wtf is going on right now?

>> No.4593420

>>4593390
http://www.zerohedge.com/news/2017-11-26/chinese-liquidity-dries-stocks-hit-3-month-lows-tumble-most-june-2016

>> No.4593450

>>4593420
everything finally makes sense now.

>> No.4593666
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4593666

>>4593420
>be the buffer against a chinese catastrophe for years
>when it crashes it will be the greatest reverse moon ever witnessed
>hits global markets with a force not seen since '08
>at the same time as everything is going down, there is a great divestment from crypto back into these traditional (but somewhat inflated) assets
the greatest wealth transfer in a lifetime...
thanks millennials and libertards
-t. gorg sorose

>> No.4593887
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4593887

>>4592073

>> No.4593942

After it hit £7k, I thought "fuck it" and stopped trying to trade this shit. There's no way you can win by selling in this market unless you're quick and sharp.

>> No.4594213

fenix is being ddos..


SELL SELL SELL

>> No.4594308

>>4590108
LINK obviously

>> No.4594359

I follow things. ETC is the next big one to make a 100percent run

>> No.4594894

>>4590922
Tulip kraze never happened and the tulip craze fell thr9ugh because you cant have a currency based on something that whithers and dies in a few weeks.

>> No.4595070

It's crashing rn.

>> No.4595077

>>4593420
>>4593450
>>4593666
Please explain this to a brainlet

>> No.4595088
File: 163 KB, 1894x654, Scamfud.jpg [View same] [iqdb] [saucenao] [google]
4595088

>>4590090

>> No.4595099

Why is btc 200$ lower on Kraken than on GDAX?

>> No.4595108

>>4594894
Someone wrote a paper on how the futures contracts from tulips were converted to options causing the purchases to fall through.

>>4595077
Fear in the east asian markets driving them to buy BTC. Asia is comfortable buying into digital currencies and have a healthy distrust of government fiat unlike the zombies in the west. Waiting for a liquid injection of billions of dollars to bring the market back up because it is all fraudulent.

>> No.4595142

Why do people keep saying you can't cash out
Is this a meme

>> No.4595154

>>4595142
of course it's a fucking meme. are you stupid? go try to cash out. you'll lose your bitcoin and gain fiat. what's the point. all we care about is our btc amount at this point let's be real.

>> No.4595159
File: 231 KB, 1920x1080, tulipmaniaBTFO.jpg [View same] [iqdb] [saucenao] [google]
4595159

>>4595108

>> No.4595183

>>4595142
Yes it's a stupid and annoying and unfunny meme

>> No.4595203
File: 577 KB, 893x895, 1508569572373.png [View same] [iqdb] [saucenao] [google]
4595203

>>4595159
Holy shit that title hahaha. Schiff is still salty about BTC in recent days but coming to terms.

>> No.4595234
File: 36 KB, 367x451, 1510632915265.jpg [View same] [iqdb] [saucenao] [google]
4595234

>>4592073

>> No.4596149

>>4592073
are you fucking retarded? or just eat paint chips? Wallstreet flood gates have already opened. they past 300 billion. we were 200 billion at beginning of month. We added 50% of market cap in less than 3 weeks when it took 10 years to get to 200 billion. Shut the fuck up you larping fucking faggot