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8193032 No.8193032 [Reply] [Original]

When I'm buying ETH at $750 who the fuck is selling at that and why instead of holding?

This seems dumb. not sure if i just dont understand or not

>> No.8193170

>>8193032
When I’m selling ETH at $750 who the fuck is buying at that price? This just seems dumb.

>> No.8193216

>>8193032
It's not gambling anon, it's just every time you bet on red with all the other people betting on red, there is almost an equal volume bet on black. The difference in volume determines the direction the market takes. Not gambling though!

>> No.8193235

>>8193032
well I bought it at 250 and sold at 500, who the fuck would buy above that

>> No.8193239

>>8193216
It’s not any more than buying a house and selling for a higher or lower price is gambling.

>> No.8193270

>>8193032
$750 is still a lot you brainlet, eth doesnt stop increasing supply and it was worth $300 in Nov. It can and probably WILL dump more. Go look at the June drop, thats what awaits you. Enjoy losing money

>> No.8193291

>>8193032
If it hits 400 I’m buying.

>> No.8193307

>>8193239
does your house increase 200% or drop 80% in a few months? didnt think so

>> No.8193312

>>8193032
ICOs and their scammy platforms getting btfo by the SEC

>> No.8193324

>>8193032
what is eth even good for other than shitcoin ICOs (erc20 tokens)?

>> No.8193348

>>8193270
brainlet detected

>> No.8193378

>>8193324
nuffin with ico crackdown

>> No.8193385
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8193385

>>8193270
>muh infinite ETH

>> No.8193534

>>8193307
So what? If you define gambling as buying and selling something to seek profit it doesn’t matter how volatile it is. And there are various business ventures in which that kind of movement can happen.

>> No.8193554

>>8193032
VItalik tweeted that ETH was probably overvalued... when ETH was $8

>> No.8193587

>this seems dumb

Yeah, grab some popcorn, these little realizations will never end.

>> No.8193659

>>8193534
thats not how gambling is defined. Betting money on an uncertain outcome is gambling, and its associated with games not buying/selling stuff, thats why those ventures are not considered gambling. Crypto is kind of gambling because what you're buying isn't a useful product, shares of a company or whatever, but numbers on databases, so its more like a game. It is closer to betting on your favourite football team (shitcoins) than buying stocks