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/biz/ - Business & Finance

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File: 29 KB, 737x581, Screenshot-2018-2-5 (7680 00000000) USDT-BTC Bitcoin.png [View same] [iqdb] [saucenao] [google]
7317241 No.7317241 [Reply] [Original]

BTC just crossed the MA200, first time in 2 years...
This is the end.

>> No.7317296

>>7317241
Those lines don't mean shit since it's bots trading.

>> No.7317341

Oh shit, I better sell!

>> No.7317381

Ready for another leg down to 6k.

>> No.7317411

WTF I HATE BITCOIN NOW

>> No.7317445

>>7317296
bots follow those lines retard

>> No.7317448

I think HODL is finally dead and it's time to get myself out while I'm still in the black. Sad.. I actually had faith in the moon mission for a long time.

>> No.7317467

yeeeh we are at capitulation
3 or 4k we are at despair

>> No.7317486

sold 100k

>> No.7317508

>>7317467
>we are at capitulation
I agree, although barely at the beginning of it.

>> No.7317517

back to /x/

>> No.7317548

>>7317241
Why 200 days for the moving average?

Just a random fucking number dude jesus christ, IT CROSSED THE MA150 LAST WEEK

>SOLID TA

>> No.7317573

>>7317448
im thinking this too

>> No.7317647

>>7317548
It doesn’t matter because there is nothing to justify the price of BTC over $20

>> No.7317663

>>7317448
Buy high sell low, /biz/ has taught you well
You absolute retard

>> No.7317684

>>7317241
if it's passed that point then I honestly do think we're overcorrected by alot.

>> No.7317716

every 2 seconds another pajeet thread. biz iz dead not bitcoin. bitcoin's dump compared to the pump is normal by it's entire history. stop crying and get out of crypto, u don't know trading anyway.

>> No.7317730

>>7317684
Indeed we have but whales are pretty much grinding out several layers of panic sells, we will shoot right the fuck up after they deplete them.

>> No.7317765

DONT YOU GUYS TRADE SHITCOINS
BITCOIN IS THE BIGGEST SHITCOIN OF THEM ALL
SURE IT PUMPED, IT DUMPED, BUT WHENEVER SOMETHING DUMPS IT PUMPS A 2ND TIME
LEARN2TRADE

>> No.7317782

>>7317765
this.

>> No.7317788
File: 55 KB, 1328x530, 2-5-2018-6-15-41-pm.png [View same] [iqdb] [saucenao] [google]
7317788

>>7317296
heh ok anon
http://www.forexlive.com/cryptocurrency/!/no-reprieve-for-cryptocurrencies-amid-equities-rout-20180205

>> No.7317845

>>7317241
MEME AVERAGE WOW A LINE SHOCKING. IF THAT ONE DIDNT WORK YOU'D FIND ANOTHER 100 DAY, 50 DAY, 300 DAY WHATEVER BULLSHIT LINE

>> No.7317867

Under 7500, we are fucked.

>> No.7317895

>>7317845
If you take in one thing from this cancer board today, make it this, everybody of significance watches a 200 daily MA. Even the most quanted up 'TA is a meme hedge fund' looks at the 200MA.

>> No.7317920

>>7317895
And yet it still doesn't say nothing.

>> No.7317922

>>7317867
people saying for weeks now this will be the end
why are you guys so stubborn

>> No.7317938

>>7317241
1K confirmed

it's a long way to the top

https://www.youtube.com/watch?v=-sUXMzkh-jI

>> No.7318010

>>7317241
Shitpost. We dipped the line and then bounced right off.

>> No.7318016

setting buy orders at 6000 and 4500

>> No.7318066

So the only safe haven right now is fiat, right?

>> No.7318095

>>7317647

All money is made up faggot. Including gold.

>> No.7318115
File: 49 KB, 620x376, wy-08-accummarkup.png [View same] [iqdb] [saucenao] [google]
7318115

>>7318010
fix your charts, it bounced once and then cratered below
Your only hope now is if they pull off pic related.

>> No.7318120

Good al normies get out, so whales, and smart traders could buy cheaper like they intended.

>> No.7318132

>>7317895
no they dont, anybody of significance is not using stupid ass technical analysis

>> No.7318181

>>7318132
Define 'technical analysis'.
If you're telling me pros don't use the 200 MA and VWAP and it's standard deviation, you are just wrong.
http://www.forexlive.com/technical-analysis/!/for-the-eurusd-the-bears-fortunes-hinges-on-a-break-of-the-200-hour-ma-20180205

>> No.7318216

>>7318095

you're a retard because the logical conclusion of your argument is that he's right. faith gives money value, guess which "currency" people have the least faith in. lmao internet money new paradigm bruh

>> No.7318257

>>7317241
Welp, it has been fun. Made some gains. See you all after the return to normal.

>> No.7318289

>>7318181
The usual newfag panic, we're closing on the bottom soon, although i know every dump u scream "it's over", but we started the last bullrun at 5k, we didn't even cancel the entire pump, and according to bitcoin's entire history it never wiped the pump before completly.

>> No.7318382

>>7318181
any technical point is never used to buy or sell directly from. going on stupid forums where everybody sucks each others dicks isnt making it true. actual professional at hedgefunds or banks only use fundamentals and maybe some techs for triggers or alarms.
but im not here to convince i dont care what you believe i just trade the market

>> No.7318482

>autoplay on
>this pops up
https://youtu.be/mMEjQrWGrks

>> No.7318510

>>7318289
Every post I've made itt says two things:
the 200 day ma is important
breaking it is a bad sign for any market unless they can spike it back up
I have no idea where the fuck it's going, but it's not up.

>>7318382
the guy I just posted did 15 years with citibank and credit suisse, he trades for himself now.
200 ma is one of the fucking 'areas' you're talking about.

>> No.7318589 [DELETED] 
File: 54 KB, 600x800, 6F0CCF7F-E36C-4DC6-86B7-A39FAD9E1CF0.jpg [View same] [iqdb] [saucenao] [google]
7318589

BTC will trade at $8950 by 6pm PST today. Mark it.

When Charlie wakes up it will hit $9250. Be patient you idiots. Good news coming today. I’ll screenshot this for later.


Also, DGD and XLM will double.

>> No.7318604

>>7318510
Ok. we'll talk on the next bullrun in May-June, when every normie will suddenly praise bitcoin again. same story every time, it's actually boring for experienced traders who's been in the market for more than 3-4 poor months

>> No.7318620

>they dont know its literally just wall street bots vs. chink bots all the way down to 1k, where said bots will start buying back up to 10k after the market has been cleansed.

>> No.7318656

>TA

see: >>7317517

>> No.7318730

>>7317895
Post your email so I can shit on you in a week when MA200 ends up not mattering jack shit

>> No.7318732

>>7318604
If it breaks up through the 200 ma, bounces off it and gives some structure (ie goes up) I will buy. When it stops going up I'll sell it again.
As of now it's not going up.

>> No.7318775

>>7317448
this dip is great, shaking out all you moon faggots. this was never about getting rich.

>> No.7318778

>>7317241
Crypto starter pack includes TA expert in JUST 1 WEEK! YOU HEARD ME RIGHT, get YOUR pack RIGHT NOW!!!!!!

>> No.7318781

>>7318730
relax spergo, you don't have to shit on anybody, just buy it if everything is so clear,

>> No.7318807

>>7318732
Do what u want i don't really care. good luck.

>> No.7318819

>>7317730
Lol, once whales buy out everything at high price, who gets to buy back in?

>> No.7318841

>>7318819
Whales would buy low of course.

>> No.7318852

>>7318775
> this was never about getting rich.
Yeah, hodling has always benn an altruistic buddhist enlightenment philosophy.

>> No.7318863

>>7318775
it's finally happening brother. i've been hoping for this since 4k btc.

>> No.7318879

>>7318781
You're the one claiming we have stats that tell us how it will behave, roughly.
I'm the one saying we don't, that it's not clear.

Are you bipolar?

>> No.7318891

>>7318852
kek

>> No.7318928

>>7317788
why was the blue meme line always below the price?

>> No.7318968

>>7318852
LET them be on their safe space, a currency that's not made to make people wealthier... They like to live on their bubble gum world where everything is fantastic, while people who play the game shit on them

>> No.7318987

>>7318879
You sound emotionally invested in the direction of a market, it's just numbers. up buy, down sell, so yeah maybe I am bipolar.

>>7318928
Go back a few years.

>> No.7319014

>>7317445
They also fool retards with those lines

>> No.7319059

>>7318604
PLEASE STOP ALREADY. IN ALL THE OTHER CRASHES BITCOIN WAS NEVER THIS EXPENSIVE PEOPLE DIDNT HAVE TO SELL HOUSES AND CARS TO BUY A BITCOIN. THEY WERE BUYING WITH LAUNCH MONEY. SO THE CRASHES WERE FORGIVABLE. NOBODY WILL BE BUYING THIS AT A HIGH PRICE AGAIN NOT UNLESS ITS BACKED BY SOME CENTRAL BANK OR SOMETHING LIKE THAT

>> No.7319065

>it will never be below 20k again
>it will never go below 16 lmao
>it will never breach 12.5k support
>it will never be below 5 digits
>it will never go below 8900
>7.5 has strong support
face it, its going below 4 digits

>> No.7319077

>MA200
Explain the significance of 200 day cycles

>> No.7319095

>>7319059
The mythical creature in 4chan, a guy with a brain... Good job m8, you got there

>> No.7319105

>>7317241
How do I get the MA200 on bitcoinwisdom?

>> No.7319114

>>7319059
>A BITCOIN
Why are people so obsessed with an arbitrary amount? The most an mBTC (are we calling them bits now?) got was $20. That's not very expensive at all.

>> No.7319118

>>7319065
only sub 1k is true despair on the meme chart. all of 2017 has to be completely retraced

>> No.7319190

Who shorting the fuck out of this garbage

>> No.7319200

>>7319114
It's not about the value of btc per se, but the amount of money flowing in, the volume is stupidly high compared to other crashes, this is a really different case

>> No.7319264

>>7319190
>sorting BEFORE the (supposed) resistance line is crossed

>> No.7319291

>>7319059
What a total bullshit. after allnormies are out whales are going to buy a lot in cheaper.

>> No.7319298

>>7319264
*support

>> No.7319309

>>7319114
You're Obviously lost. I get it, you guys made money off bitcoin and cryptos, you're absolutely out of touch. Listen, Cash out and invest in something else. This is never coming backing to these prices ever not unless it's backed by banks. SCREENCAP THIS

>> No.7319335

>>7319309
nice FUD pajeet

>> No.7319342

>>7319309
I did. I took out about 40 grand last month and paid off my student loans. I can take a pic of the "100% paid off!" letter if you want. Feels good.

>> No.7319469

>>7319342

I see I'm talking to a bunch of college kids, You're in a group of those who got lucky in this ponzi scheme. And Greed will definitely drag you back in, Good Luck - You'll need it. But obviously those who lost their hard earned money are not going to be FOMOing back in. DOne talking to brainless kids here.

>> No.7319502
File: 88 KB, 280x291, c6f.png [View same] [iqdb] [saucenao] [google]
7319502

https://youtu.be/dDbsDpTIRzE

>> No.7319681
File: 81 KB, 1000x1000, 1509392215502.jpg [View same] [iqdb] [saucenao] [google]
7319681

>>7318775
>this was never about getting rich.

i guess this counts as capitulation?

>> No.7319684

>>7319469
I graduated years ago. My loans were huge. Even after paying them for 3 years they weren't small. You seem angry man. Did you buy the ATH?

>> No.7319854

>>7319469
I started it out with $600 last year April
I ended with enough money to pay off University fees to my parents and buy a brand new Toyota Camry from the Dealer, insured and all. The joke is that I still have enough to pay off petrol, servicing and the insurance premium for a total of 5 years

>> No.7319884

>>7318132
this.

my Dad works at a hedge fund and they basically laugh at all those meme line drawers.
> OH A HEADAND SHOULDERS GUYS!!
BUY BUY BUY

>> No.7320137

>>7319884
I'm telling you, the amount of crypto / TA experts nowadays is retardadly high, they literally see one youtube video and think they can do something people study for years, and the people who study for years know that TA should be taken with a fucking grain of salt, while this retards think it's absolute science

>> No.7320193

>>7319118
Since people are claiming that the 2017 growth was mostly due to Bitfinex's fraudulent behaviour, it's entirely possible that this does happen.

>> No.7320206

>>7319059
>LAUNCH MONEY
So much for those moon missions, eh?

>> No.7320224

>>7317241
What is MA200?

>> No.7320307

>>7320137
if they would be smart enough to look at T.A from a skeptic approach and do some actual research on the subject they would have found out that

T.A has been backtested on years of stock market data and the conclusion was : you don't outperform the market with T.A

for all the fancy people that search for patterns:
you might as wel just flip a coin.


:3

>> No.7320419

>>7320224
200 day moving average. Each point on the line is the average price from the last 200 days.

>> No.7320446

>>7319059
>LAUNCH
BUY SIGNAL GUYS

>> No.7320548

Sell sell sell
Quick before 20k

>> No.7320609

Did someone say recovery?

https://arstechnica.com/tech-policy/2018/02/tether-says-its-cryptocurrency-is-worth-2-billion-but-its-audit-failed/

>> No.7320665

>>7317241
>first time in 2 years
so this has happened before, why are you scared?
actually I don't care. feeling people are the ones who give money to those using logic

>> No.7321039

>>7319309
nice, it's time to buy again

>> No.7321198

Thank god coinbase was limiting my purchases. I've lost about the equivalent of a speeding ticket.

>> No.7321248

>>7320609
>experts
>bitfinexed
god this article is pants on retarded, perfectly fit for tether fudders

>> No.7321290

>>7321039
i'm buying more

i'll buy bitcoin now and will add to my holdings something like this

30% btc

30% nano

20%trx

20% ast

>> No.7321347

>>7321290
holy shit, your portfolio will rape you really bad, shitcoin after shitcoin...maybe nano is reasonable, maybe...

>> No.7321418

>>7321347
ive got a lot of nano at 3$, thats why i'm confy with buying a few more of this now

ast seems pretty solid and i've bought 10k trx before the last retard pump it got, but i did not sell at the time ;/

i have faith in this shit

>> No.7321433

>>7317241
its over because there were no more fools to buy in

my uncle was talking crypto when i saw him at christmas, and he decided not to buy (he 50 years old)

>> No.7321840

>>7321418
Trx is the definition of vaporware man, be careful with that shit, it's all marketing and no substance...

>> No.7321931

>>7321840
thanks for calming me down

I will reconsider.

>> No.7322123

>>7317241
Take a look at the BRR futures chart. As soon as the Feb CME contract opened (at $20,000) it has been straight down.
The big boys are using the derivatives to crush the idiotic hodlers.
Bitcoin has always been a pyramid scheme. The futures contract basically allowed the smart money to pull the base out from under the pyramid. Now it's collapsing at near free fall speed.
If you're caught in a big position, $7,000 is a helluva a good price from where this POS will be at any point in the future. Get out now.

Don't average in to your position! Don't think you have technical levels that the market will care about and buy trying to catch the falling knife. It may chop around here or there, but this thing is going back to $1,000 and likely below. The big boys are short, and they're short from $15k to $20k, they will KEEP SELLING. They're taking no heat at all, they just watch their P&L's grow bigger and bigger.

The entire purpose of the futures contract was to give the big boys a way to clean up on the crash. They're the ones who demanded the CME create a contract, the same way Jim Paulson and many others had derivatives created by the banks to short the housing market back in 07/08.

I know literally none of you will heed my advice. I'm not giving it to help you. I'm giving it to make your pain worse when you get crushed. You'll remember reading this and say to yourself "fuck, that guy was right, if I had listened to him I would have sold at $7,000. Why didn't I listen to him? Why am I so dumb?!". There will be many suicides because of this.

>> No.7322234

>>7321248
Calling something FUD just because it mentions a source that mentions Bitfinexed is retarded.

Even when Tether supplied supposed proof that it was $443M deposits to $443M tether, there were loopholes - $60M was in the name of an individual, and Tether did not provide enough information to the auditing firm for them to tell if it was really Tether's money (or if it was just on loan from Bitfinex) or if it had been committed for another purpose.

Since April 2017 Tether has claimed all their banks are blocking incoming wires to get more money to issue Tether, yet they issued new Tether since, and more than 5x that (less than $500M to more than $2.5B total tether) since September 2017.

If Tether's website STILL claims that incoming wires are blocked (this is linked from the frontpage still https://tether.to/announcement/ )
>Since April 18, 2017, all incoming international wires to Tether have been blocked and refused by our Taiwanese banks. As such, we do not expect the supply of tethers to increase substantially until these constraints have been lifted.

Where the fuck did the $2B incoming come from?

The whole thing stinks to high hell and burying your head in the sand won't change that.

>> No.7322344

>>7322123
Solid point there

>> No.7322409
File: 31 KB, 657x527, 1513017137665.png [View same] [iqdb] [saucenao] [google]
7322409

>>7322123
i can't let go, i couldn't sell if i wanted to

my hands frozen

>> No.7322459

>>7317241

>there are people who seriously didn't dump their bags when shitcoin went up to 17k+.

I dumped my load at roughly 18k/coin. Cashing it out will probably take forever, though. So far, I've only received the money for 4 of them. Don't really care or even expect to get more free money.

>> No.7322511

>>7322123
Kill yourself you smarmy kike
I can hear the sound of you chewing baby foreskin while typing up this trash
Guess what, I'M NEVER FUCKING SELLING

HEIL HITLER
1488
HEIL HITLER
HEIL HITLER
HEIL HITLER
HEIL HITLER

>> No.7322760
File: 31 KB, 333x333, Watching_it_burn_pepe.jpg [View same] [iqdb] [saucenao] [google]
7322760

>>7322409

https://www.youtube.com/watch?v=FLM3oIHxYDA

>> No.7322840

>>7322511
holy shit nazifags are delusional lmao. I'm never selling either but you sound like a crazy boomer

>> No.7322918
File: 403 KB, 1048x724, kikefaceberg.png [View same] [iqdb] [saucenao] [google]
7322918

>>7322511
this. i want to use my crypto to fund the race war

GAS THE KIKES
RACE WAR NOW

>> No.7323033

>>7322123
this but unironically

>> No.7323347

>>7317296
only bots around are you btclets getting rekt by WS derivatives

>> No.7323414

>>7322918
>using an example of one retard to justify a race war

>> No.7323480
File: 281 KB, 974x928, 1511630058989.jpg [View same] [iqdb] [saucenao] [google]
7323480

>>7323414
you are like a little baby

>> No.7323511
File: 426 KB, 1199x623, 1503681978320.jpg [View same] [iqdb] [saucenao] [google]
7323511

>>7323414

>> No.7323594

>>7317241
The emotions are shifting. The bulls are in the TA's, it's in the air. We're going back up soon

>> No.7323599 [DELETED] 
File: 161 KB, 581x980, jewblahblah423792__60_percent.jpg [View same] [iqdb] [saucenao] [google]
7323599

>>7322918

>> No.7323705
File: 83 KB, 693x752, YOUR COUNTRIES ARE TOO WHITE.jpg [View same] [iqdb] [saucenao] [google]
7323705

>>7322918

https://www.youtube.com/watch?v=r5n1N85nvF8

>> No.7323845
File: 3.13 MB, 775x7566, withjews.png [View same] [iqdb] [saucenao] [google]
7323845

>>7323599
i literally and unironically want the holocaust to actually happen

>> No.7323855

>>7323705
God I want this to happen so much (Anti-Racist Hitler in Israel).

>> No.7323862
File: 81 KB, 634x393, article-1276082-0982349D000005DC-705_634x393.jpg [View same] [iqdb] [saucenao] [google]
7323862

https://www.youtube.com/watch?v=kSdn6I2UN2Y&t=
The sellers will get to enkoy a nice view of the launch

>> No.7323939

I think these threads are meant to scare us. But, today I am actually having problems selling off some btc. It won't go through and it keeps failing. I am a little worried it is being sabotaged.

>> No.7324035

>>7323845
All of this propaganda is taken so wildly out of context I can't tell if you're serious or just fucking retarded. People like you should be the next holocaust victims, literally. Cleanse the Earth of total braindead scum. We will all be so much happier with you gone!

>> No.7324076
File: 28 KB, 205x207, 1503848272998.png [View same] [iqdb] [saucenao] [google]
7324076

>>7324035

>> No.7324080

>>7319059

Your caps make you seem more sophisticated and knowledgable

>> No.7324085

>>7317788
Only realistic one here.

The FIB is even accurate on BTC/USD, (I've used it to increase all of my positions so far by ~40%)

Shit talk all you want, selling earlier is letting me buy back significantly bigger stacks.

>> No.7324134
File: 175 KB, 561x558, immigrationact1965.png [View same] [iqdb] [saucenao] [google]
7324134

>>7324035
nice arguments, kike

>> No.7324154

>>7324035
those scum are the direct consequence of kikes' influence and establishment of the welfare state
bring back laissez faire and all gets self-regulated into perfection

>> No.7324214

>>7318775
>this was never about getting rich
>says the daytrader
Not surprised at all

>> No.7324216
File: 1.04 MB, 1162x9616, 1515400942053.png [View same] [iqdb] [saucenao] [google]
7324216

>>7324035

>> No.7324276
File: 347 KB, 1022x1306, ahhh.jpg [View same] [iqdb] [saucenao] [google]
7324276

Looks like another round is about to start.

>> No.7324320
File: 48 KB, 535x577, 1241452353.jpg [View same] [iqdb] [saucenao] [google]
7324320

WE'RE GOING INTO $6K BTC AND $600 ETH TERRITORY

OH GOD IT REALLY IS GOING TO $1000

>> No.7324497

>>7324320
No it's not, don't panic and hodl on for your dear life. You won't regret it. Bitcoin is way too established atm to go beneath 6k. The upward momentum will only become stronger the more we go down, it has to burst at some point. Whales don't go with the general atmosphere, they're thinking ahead. And right when everyone is at total despair like you are right now, they start pumping in the big money and everyone FOMOs and jumps on as well. BTC 15k