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/biz/ - Business & Finance

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5561570 No.5561570 [Reply] [Original]

makes me feel confident good things are coming

>> No.5561635

because its over sell while you sill have something to sell
you wont thou

>> No.5561658

>>5561570
I bought at $340. So yeah, I’m praying. No, I’m not expecting.

>> No.5561681

>>5561570
>be holding ETH after it dropped from $410 to $270
>I don't see any shilling better buy in!
>Then it dropped to $130
You're fucking retarded OP. Watch what's coming.

>> No.5562218

>>5561681
why is litecoin ded?

>> No.5562328

>>5561570
yeah as much as i'd love another massive leg up to $500 for LTC it's probably gonna be another boring ass 3 months around like $140-$280

>> No.5562802
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5562802

>>5561570

>> No.5562863
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5562863

>>5562218

Its not, itll be back at 280 tomorrow.

Dont fall for this FUD. Look at this image...

>> No.5562904

>>5562802
Fuck you whalebro

>> No.5562999

>>5562802

Another false prophecy

>> No.5563034

>>5562999
3 days away from the prophecy anon

>> No.5563065

>>5562863
why did it go up before and why will it go up again?

>> No.5563085

>>5562999
never doubt whalebro

>> No.5563116

>>5563085
THIS

>> No.5563248

>>5563065
It is meant to be that way

>> No.5563639

Pls go up litecoin I lav u

>> No.5563806

Litecoin is pegged to BTC. BTC can barely hold 14k right now. We'll see another dip below $200 soon.

Sell now and buy back lower to increase your stack, or just hold if you want. But last week I made $6k selling at a loss and buying back lower.

>> No.5563844
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5563844

Just HODL

>> No.5563898

>>5563248
what the fuck does that even mean

>> No.5564003

im all in in Ltc, hopefully it goes up in those next days, im with low capital anyways

>> No.5564074

>>5561570
LTC is a buy all fucking day. but its not going to moon again until mid January when partnerships are announced.

>> No.5564166

>>5563844

Oh and BTW I sold all of my coins but don't worry this is perfectly fine. Keep buying.

>> No.5564263
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5564263

>>5561570

>> No.5564267
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5564267

>>5564003
Lost 2k $ since yesterday, and i though i bought in when it's undervalued.

>> No.5564317

>>5561570
Charlie hasn't tweeted anything for a day (that's impressive for him). Something good is in the works?

>> No.5564319

Bought more at 235 and will buy more all the way down, great sale price can't wait for 2018

>> No.5564507

>>5562802
beware of false prophets

>> No.5564591
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5564591

WHEN WILL THIS PIECE OF SHIT COIN DO SOMETHING BESIDES BLEED OUT

WHALEBRO I TRUSTED YOU

>> No.5564602

just sold mine so it's bound to rebound hard

>> No.5564619

>>5564591
Just move to bch or eth.

>> No.5564621

>>5562328
Kek, goddamnit. I bought at 350, just 1 though to forever end my FOMO for this particular coin. Guess it's just gonna sit there like a rock, if I sell it'll immediately shoot to 1000

>> No.5564630
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5564630

You are all retarded, buy XRB, which one day will replace LTC.
We're in a dip right now, the best moment to buy Rai.

>> No.5564671
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5564671

>>5564630

>> No.5564685

>>5561658
Oh thank you anon. Thought I was the only one

>> No.5564727

>>5563844
>HODL

back 2 reddit XD

>> No.5564822
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5564822

>>5562802
FUCK YOUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUU

>> No.5564840

>>5564727
I gilded this post

Edit: typo

>> No.5564865

RIP Litecoin. see ya at <$100

>> No.5564869

just fucking hooooooolllllldddddd


in 6 months we will be laughing about this "scary dip" and wishing we bought more here

do you really think people wont want crypto in 2018
its a fucking cycle

the hype phase is over and now we are in the shake out phase. everyone getting shaken out because their weak hands cant handle it.
it will not sell off forever, eventually it starts to look very cheap at X price and the buyers move in. it begins to go up and the hype sets in and then the whole cycle repeats

>> No.5564932

>>5562218
niggas shelling there profits in ripple atm

>> No.5564969

double bottom rebound

>> No.5565011

>>5564932
XRP is a Niggers' coin

>> No.5565042
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5565042

>>5564969

>> No.5565104

It just hit 190 €. That's it, i'm out. Gonna kys myself.

>> No.5565168

DON'T SELL YOU RETARDS

>> No.5565173

I couldn't hold. Lost 7k but saved remaining 53k bought in at 287

Best of luck guys. I'm gona go to Florida and spend the years gainz

>> No.5565188
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5565188

>> No.5565220

>tfw cut my losses short at $260
Waiting for this shit to bottom out so I can buy back in

>> No.5565240
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5565240

>got out at 246$ today to buy eth
enjoy your shitcoin, bagholders

>> No.5565242

>>5565104
>>5565173

>"oh man if I just held since then I would have fucking made it!"

t. you in a year

>> No.5565291

>>5565242
I've learned my lessions - hodling is in fact an option.

But not always.

I kinda suspect that the big crash is imminent.

>> No.5565314

>>5565240
Mooning

>> No.5565517

>>5565242
>an entire fucking year
ok and ill have like 23432567724x that in alt trading

>> No.5565588

>>5565517
Sure you will.

>> No.5565592
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5565592

>>5565291
I'm speaking as someone who forever regrets not holding his bitcoins from 2016
the final death of crypto has been called many times

>>5565517
sure you will, master trader

>> No.5565828
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5565828

Hope is the first step on the road to disappointment.

>> No.5565862
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5565862

Gentlemen. I am the one true WhaleBro. Moon mission is off. I repeat, moon mission is off. We're looking at a solid ~30 days before we see a recovery from this dip. If you have the patience and iron hands, Litecoin will rise again.

For those of you who bought in because I meme'd you, re-evaluate your life. I could be a dirty street shitting pajeet, or a filthy russian, or a chinese peasant planted by Jiren and Kylo Ren to plug Bcash. Do your own research. Stop taking tips off 4chan. Either way, HOLD.

Have a happy new year, and may the krill always fill your baleen.

>> No.5565884

Is it gonna fucking turn around or not? I’ve been wanting to sell since 330 and it just wont stop dropping and isn’t even putting up a fight.

>> No.5565887
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5565887

hopefully its mooning now, im dumping an order just in case while im going to sleep. good luck anons

>> No.5565894

>>5561570
Good things coming? Dev literally sold all his LTC and peaced the fuck out.

>> No.5565926

>>5565894
kys

>> No.5565961

>>5565862
>prediction turns out true
>"I TOLD YOU GUYS, SEE? I SAW IT ALL COMING!"
>prediction turns out false
>"I-I was only pretending heh."
You tripfags crack me up.

>> No.5566012

>>5565894
thats actually a smart move

> inb4 the CEO and shares comparison

>> No.5566045

KING BTC HERE. Just got done eating China food best food. Prince Litecoin and I are fleeing the kingdom. The monsters are coming. Get out now or find long term cover.

GODSPEED

>> No.5566057

>>5565862
>>5565862
I never got the point of your shilling.
Can you point to anything which would give an once of credibility?

If not you're just a guy who posts pictures on 4chan and I pity the people who listened to you. Im holding btw

>> No.5566059

>>5564869
You just went over the head of everyone on biz...How can there be seasons to business??!!! Reeeeeee

>> No.5566130
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5566130

>>5566059

>> No.5566213

>>5566057
I am seriously just some shitbag posting on 4chan. I just wanted Litecoin to shoot up because I've been holding 60 since it was $40 and the ride to 300 was wild. I'm not even a real whale. I've only got 5 figures of skin in the game. At best I'm a porpoise, or maybe a sea turtle. Still holding 50 LTC though. Would be nice for it to go back up.

>> No.5566278

>>5564869
The real question is whether we continue in 2018 or if it looks like the shit show of years that was 2013 thru 2016.

>> No.5566282
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5566282

>>5566213
You are this.

>> No.5566314

>>5566282
Turn the page. Wash your hands. Turn the page. Wash your hands.

>> No.5566340

>>5566314
So good. He would hold

>> No.5566380

>>5566278
It'll continue. Normies have come. Once sector picks up steam again, and I fully expect it to within a month, gains will be had. News regarded LTC specifically is also expected in about three weeks, which will also be good.

Hold the line. We're fine.

>> No.5566382
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5566382

What did he mean by this /biz?

>> No.5566412

>>5565862

I bet you and oldfagbiztard are the same faggot. Always wrong.

>> No.5566423

>>5566380

Also, keep in mind the reason for today's dip. It's because Korea is freaking out about government taking away their legal access to crypto.

>> No.5566425

>>5561570
lmao you're the shill

>> No.5566430

>>5566380
Normies see charts. See that everything is near ATH, except LTC. Normies condclude that something's wrong with LTC and 360 away.

>> No.5566487

>>5566430
>On 1 January 2017, Litecoin had a price of $4.36

>> No.5566510

Every tripfag on this board in the past few weeks have been dead wrong. People seem to be taking tripfags words as gospel while ignoring the first rule of biz.

>> No.5566526

>>5566382
>photograph of a screen

Uhhhhhhhhhhhhhhhhhhhhh

>> No.5566533

>>5566430

I learned my lesson about that line of thinking with ETH. Last month when ETH was trading mostly flat I got impatient, lots of other coins including BTC were going up, meanwhile ETH was being a stick in the mud. So I sold it. It then proceeded to more than double in value.

>> No.5566538

>>5566510
>first rule of biz
buy high, sell low?

>> No.5566559

>>5566538

Do the opposite of what biz tells you

>> No.5566603

>>5566526
that means it's supposed to be legit

>> No.5566613

>>5566526
>>photograph of a screen
>Uhhhhhhhhhhhhhhhhhhhhh
Normies might look at the pic as buy signal, Anon.

>> No.5566639

>>5566533
i would at least be a little bit optimistic had LTC not blown through every single line of support. The next one is at 60 $ i think.

>> No.5566668
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5566668

>>5566639
no

>> No.5566734
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5566734

>>5561658
thank you anons for holding my bags

>> No.5566742

>>5566668
Support doesn't look stronk but I unironically would purchase more if we got another delicious dip in the 170 range. I bought a chunk that day, I don't even remember why the meltdown was.

>> No.5566798

>>5566742
>I don't even remember why the meltdown was.

Bitcoin doing bitcoin stuff.

>> No.5566799

Whalebro - not the hero /biz/ needs

...but the hero it deserves

>> No.5566814

>>5564822
lol

>> No.5566838

>>5566814
it was right after coinbase added BCH and fucked up everything good by completely shaking normies faith in bitcoin (and by extension litecoin)

>> No.5566852

>>5566838
whoops meant for >>5566742

>> No.5566874
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5566874

>>5564869
bros I can tell you this much, 4 months ago the very sample people that where skeptical and called crypto a gamble are now begging me to teach them, every where i go the normies are talking about crypto. Its just the beginning I am buying as much as possible in the dips 2018 is going to be sweet

>> No.5567023

Check the LTC subreddit

A dentist is making his first consultation with LTC and someone just bought a car for his gf with LTC.

That's actually great fucking news, at the end of the day we want normies to use this a currency, it's the ultimate usecase remember. It's easy to be lost in alt moon missions or just look at charts.

>> No.5567028

>>5566742
the bch coinbase incident + litecoin guy selling his bags

>> No.5567120
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5567120

>>5566874
these pixels hurt my eyes

>> No.5567132

>>5567023
lol yeah i saw that but thinking about microtransactions like that are silly. Getting it listed by Amazon or large institutions is different. People pay for cigarettes with ramen in jail but that won't become a currency anytime soon.

>> No.5567137

>>5561570
Keep holding those bags

>> No.5567221

pushing back to 240 now. I expect a level off around 245 by this evening then more flat.

>> No.5567228

>>5567132
>in jail
most of those prisoners need a father figure, not blockchain, Anon

>> No.5567230
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5567230

>>5567132
yup i heard a bunch of normies girls and dudes at a bar talking about Iota and lite coin etch lol they have no fucking clue whats going on i am ready to take their money 2018 is going to be so good

>> No.5567256

>>5567120
thats some good pixels bro still fappable

>> No.5567301

>>5567230

>tfw no smart qt3.14 japanese GF

>> No.5567473

>>5567230
>i am ready to take their money 2018 is going to be so good
How much longer do you think we have on this bull-run, Anon? a whole year period?

>> No.5567834

>>5567473
This isn't a bull market (year over year) its just a transition period. We haven't hit what the crypto market as a whole should be worth. Just buy your BTC/LTC and HODL month over month while making little alt bets day/week over week.

>> No.5568045

>>5562218
>why is litecoin ded?
Complete lack of confidence after the owner dumped his bags at the ATH just before the crash. People are going to be bitter until something big with LTC hits. If nothing happens with Goybook the coin will bleed to nothing.

>> No.5568294

>>5567834
>a transition period
That usually means, the end of bull market to the beginning of bear market, or the other way around.

>> No.5568556

>>5567473
Come to think of it, futures were one of the signs of this shit show blowing up. What we need to see is banks leveraging themselves to the hilt for/against this stuff, commercials on TV advertising to put your retirement in a crypto account, and bunches of these things being bundled in to crypto-backed securities to even out the swings but ultimately end up being packages of shitcoins given triple-a investment grades and sold to unsuspecting boobs.

Watch for dumb people traps too, advertising to people to get in to crypto when they have no earthly business getting in. Something along the lines of taking out a loan to buy crypto with the idea that the price will grow faster than interest rate on the loan.

You know, assuming this IS all a bubble and not a new world order of central bank-free monetary bases. I mean right now the tech is good, and the lack of alternatives means Bitcoin and altcoins are as good as we have at the moment, but a new global paradigm will involve a blockchain that can actually handle everything we want to use it for without shitting the bed.

>> No.5568794

>>5568556
>futures were one of the signs of this shit show blowing up
CME futures contract trade for bitcoin only worth $64M/day so far. In comparison, futures contract trade for oil worth >$100B/day.

>> No.5569186

>>5568794
In less concerned over the volume and more the fact that it gets Wall Street thinking derivatives are safe. For now it's no big deal, a couple of suits playing around. Bubble time will see that volume explode though, and we'll have options, and credit default swaps and whatever the fuck else those crazy banking bastards will come up with.

The big sign will be contagion. Crypto blows up tomorrow, no big deal, a bunch of neets and the winklevoss twins are out some money. If we get to the point crypto failing drops a big old turd on JP Morgan's desk, that's when you should get worried.

>> No.5569233

>>5561658
Yeah I fucked up when I was still new to this too. Hoping for another run on it eventually. No real reason for me to sell my bags on it.

>> No.5569294
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5569294

>>5567473
no one can time the market, my best advice just buy low as low as possible now is a good time, and it may dip more do not miss your chance, invest in good project a fucking hold hold hold until you have a number you are happy with then sell sell

>> No.5569436

>tfw bought at $265

>> No.5569567
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5569567

>>5569186
people like to compare crypto bull-run with tulip mania. Well, tulip mania burst after high volume Tulip Futures trade. I hope we are still far from that.

>> No.5569876

>>5569567

If you bend that 150-200 line in to a bowl shape and add volatility during, i'd say that's where we are now on crypto. At least as far as the current coins are concerned. I still maintain that blockchain in some form will be around for a long time beyond the death of today's popular currencies.

>> No.5569963

Join here bro https://discord.gg/gxEwNaP

>> No.5570048

>>5569876
>I still maintain that blockchain in some form will be around for a long time beyond the death of today's popular currencies.
Definitely agree with you on that.

>> No.5570335

>>5569567
People only know about tulip mania because it's one of the first instances of a recorded futures contract, and most of the time they get the details wrong. Run of the mill tulips never got that expensive. What was expensive were the occasional odd colored tulips that was caused by a virus. THOSE were expensive, because it was the hobby of a few well to do folks and they were hard to come by.

The thing with tulips is that it can take up to five years for a seed to become a bulb, and then like 15 weeks for them to actually grow in to a flower, so the future business came about because they were basically playing lottery with a flower bed. You spent a bunch of money for future delivery of tulips in the hopes that one of them ended up as one of the super valuable discolored ones. Of course because it was a virus that also killed the plant, you ended up with a bunch of people pretty pissed off they bought a whole bed of flowers that were worthless.

Crypto really isn't the same thing as tulips, and fucks sake people, we have a lot more recent bubbles we can take as a point of comparison. We're honestly closer to the .com bubble than anything, with idiots throwing money at every scammer with a blockchain.

>> No.5570679

>>5570335
>What was expensive were the occasional odd colored tulips that was caused by a virus.
I know that.
>We're honestly closer to the .com bubble than anything,
that was $16T worth bubble, I don't think we even scratch the surface if this is an apples to apples comparison

>> No.5570971

>>5570679
the ride has just begun anon.

>> No.5571178
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5571178

>>5570971
That's correct

>> No.5571374

>>5563898
destiny.

>> No.5571545

>>5562802
based whaleposter