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/biz/ - Business & Finance


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8881486 No.8881486 [Reply] [Original]

What the fuck is going on

>> No.8881497

This is what a reversal looks like.

>> No.8881500
File: 646 KB, 839x1068, 1522115497473.jpg [View same] [iqdb] [saucenao] [google]
8881500

>>8881486

>> No.8881514
File: 510 KB, 2048x1536, sminem_bullmarkets.jpg [View same] [iqdb] [saucenao] [google]
8881514

>>8881500

>> No.8881530
File: 156 KB, 340x444, cup-of-rage_01.jpg [View same] [iqdb] [saucenao] [google]
8881530

>>8881497
Yes, but why?: I was going to buy in this morning and it was $1000 more than yesterday. Now I don't want to do it because I thought it was going to plummet back to $6500 like it has been every day for the last 4 weeks. But now it just keeps rising.

>> No.8881560

>>8881530
Yessss, let the FOMO surge through your body....

>> No.8881562

>>8881530

of course you wouldn't buy immediately after a $1000 jump

BUT somebody is, so fucking who???

>> No.8881595

Bart's getting a longer haircut this time

>> No.8881604

pamp it

>> No.8881618

>>8881562
Probably kate and all the other cucks who just had their shorts BTFO, FOMOing back in long with fresh, valuable FIAT

>> No.8881621

>>8881562
Me . You dump fucks dont know the bogs hidden order book is out . This is what institunal money looks like

>> No.8881625

>>8881530
Soros and the Rockefellers. Old Money is finally entering the game.

>> No.8881624

everyone's been calling the apocalypse, gloom and doom for months

AKA the biggest whales have been paying to manipulate sentiment here and on other boards, a shit ton of shorts have been squeezed (fleecing many millionaires of their millions in the process), and we officially bounced up and out of the bottom and are now resuming our bullish uptrend

>> No.8881645

>>8881625
Then comes the tutes. gg.

>> No.8881652

Bought 5.91 ETH at $490/ETH with loaned DAI from a cdp.

Y'all niggas stay poor.

>> No.8881689

>>8881562
everyone who thinks the bull has been unleashed

>> No.8881730

It's a fake breakout.
You stupid niggers, enjoy losing your money FOMOing again.

>> No.8881750

>>8881530
I think the release of Brass Golem changed a lot of minds on Wall Street about the potential of blockchain. We've entered the era of actual working dapps that benefit society. (MakerDAO was actually the first)

>> No.8881768

>>8881730
if everyone fomoes everyone wins

>> No.8881793

>>8881768
The just had few months ago a perfect example of the Greatest Fool Theory.

It's too soon to start a new one, we need way more time and another big catalyst.

>> No.8881805

>>8881497
plsbtru

>> No.8881924
File: 83 KB, 645x614, 1523548962971.png [View same] [iqdb] [saucenao] [google]
8881924

>>8881530
>Now I don't want to do it because I thought it was going to plummet back to $6500 like it has been every day for the last 4 weeks
>durrr it'll keep dumping forever and ever
>$6500 was the obvious bottom? what does this mean?

>> No.8881972

>>8881645
that's fucked up desu

>> No.8881979

>>8881530
Because the people who manipulate the market decided this is what they want to do

>> No.8882233

>>8881979
Who is manipulating the market?
How much money are (((they))) using to do this?

>> No.8882293

WE RICH NOW BOY

>> No.8882299

>>8881486
the bear market is over

>> No.8882511

Happens everytime. Alts rise. btc goes up and cucks alts, btc goes down and alts go down even more. Repeat every month or so.

>> No.8882547
File: 570 KB, 1680x1260, 15179607284101.jpg [View same] [iqdb] [saucenao] [google]
8882547

Sminem caged the bear

>> No.8883835
File: 231 KB, 1024x768, 1520150380553.jpg [View same] [iqdb] [saucenao] [google]
8883835

>>8882547

>> No.8883928

>>8883835
I got kicked out of the cafe for laughing my as off and knocking something over. This goofy fucking kid and the bears lmao.

>> No.8883946

>>8881486

The singularity.

>> No.8884143

>>8883928
>things that never happened

>> No.8884470
File: 28 KB, 488x463, 1507081530789.png [View same] [iqdb] [saucenao] [google]
8884470

>>8881530

>was going to buy this morning
>now i dont want to do it
>thought it was going to plummet
>just keeps rising

never change

buy high/ sell low

>> No.8884500

>>8881486
a huge bart formation

>> No.8884614

>>8881486
its what happens when the selling stops but the accumulation doesn't

This is babby's first recovery, isn't it?

shit, it seems like its all of /biz/'s first recovery

bunch of fucking newcoiners

>> No.8884623

>>8881486
One of two:

1.) Its a nice little reversal that gives us all hope

2.) Its the beginning to the biggest Bartening yet

>> No.8884667

Judging by the stale memes ITT it is bull trap

>> No.8884744

>>8881924
$6500 was the bottom you absolute shit cunt fuck. nique ta mere

>> No.8885183
File: 168 KB, 1080x1440, IMAG1136.jpg [View same] [iqdb] [saucenao] [google]
8885183

>> No.8885389

>>8885183
This cant be it. The pump wasn’t organic at all, it bounced $1,000 in 30minutes.

>> No.8885432

>>8885389
There was a sudden purchase of about $273,000,000 USD worth of BTC within a few minutes

>> No.8885451

>>8881645
wut did he mean by this

>> No.8885477

>>8881486
>>8885432
SHORT SQUEEZE

https://www.tradingview.com/symbols/BTCUSDSHORTS/

>> No.8885543

>>8885432
Fucking WHO is dumping that much into this?

It seems like amateur trading isn’t affecting the price at all, the price just BARTS until a whale speculator decides he wants to pump/dump.

>> No.8885619

>>8885477
>>8885543
Yep. It's a very Soros-y kind of move, but that doesn't necessarily mean anything. Like many people have mentioned, though it was only just recently released that he's getting into crypto, it seems more likely that he's been invested for awhile. Regardless of who it is, seems like someone is definitely short squeezing.

It will always be the whales who move the market like this, then the little fishes FOMO in/out and keep momentum moving in whatever way the whales started pushing.

>> No.8885632

Faggots listen. All that matters is that we get normie's money and no normie gives a shit about your chink conspiracy shitcoin. Stop the autism and put your energy behind the only crypto that matters. You don't know shit about actual blockchain technology, admit it. You just want an excuse to suck conspiracy cocks cuz you're faggots.

>> No.8885660

At a certain point everyone who wants out gets out, yeah? And everyone who wants to ride it up holds until it hits their target? Did we finally shake out the weak hands?

>> No.8885682

>>8884744
LMAO, it's a rut, just like 6100 in Feb (smaller tho), but No way this is a long term reversal.

>> No.8885872
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8885872

>>8885619
>little fishes FOMO
desu this part is what i feel most comfortable making predictive bets on

this green dildo could be seen coming a mile way though

>> No.8885932
File: 101 KB, 1139x911, 1518970827051.png [View same] [iqdb] [saucenao] [google]
8885932

M A Y
A
Y

>> No.8885953

fyi there is about to be a breakout

i think itll up in just a minute

>> No.8886000

>>8881486
Just run of the mill market manipulation, get ready for the mother of all drops.

>> No.8886065

>>8885953
k i was wrong.. it "broke down"

but it still broke

how do you guys know which way breakouts will go?? RSI?? in this case the RSI was low.

>> No.8886109

>>8885953
>>8886065
fuck, actually the real breakout is going to be in about an hour, but there was a kind of "mini breakout" that just went down but it's forming a descending triangle

>> No.8886116

>>8886065
>>8886109
>these are the people giving TA advice on biz

>> No.8886160

>>8886116
are you fucking retarded.. do you not see the triangle?

>> No.8886169

>>8886116
btw im not "giving advice," im trying to learn so i was asking if anyone knew better than me

>> No.8886254

Who is unironically buying BTC at almost $8k when it was 6.5k this weekend?

WHO

>> No.8886263
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8886263

No momentum to follow up this pump. We're going to correct downward.

(30m)

>> No.8886287
File: 61 KB, 750x750, smartTAguy.jpg [View same] [iqdb] [saucenao] [google]
8886287

>>8886160
no i dont see the triangle, can you draw on the graph with some crayons for me?

>> No.8886820
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8886820

>>8886263
>hurr im such pro analyst i can draw straight lines like the big bros

>> No.8887133

>>8886254

"When I see a bubble forming, I rush in to buy it." - George Soros

>> No.8887150
File: 18 KB, 260x193, TRIANGLE.png [View same] [iqdb] [saucenao] [google]
8887150

>>8886287
WELL I WAS RIGHT

sort of.. there is this kind of "mini breakout" thing going on where the spikes turn into parts of a new triangle and further consolidation

>> No.8887159

>>8881486
>What the fuck is going on
Nothing is going on
Look at the volume
It's dead
Market literally only moves on whale squeezes

>> No.8887360

>>8887159
>not scalping bart's hair

it's like you don't want free money

0.1-0.2 percent is trading fee so even a 0.4 move is easily scalable

>> No.8887436

We just ate through a 120 BTC sell whall.... oh my god

>> No.8887447

IT'S HAPPENING

>> No.8887460

>>8881486
I BELIEVO IN THE VIVO $100 EOM

>> No.8887514
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8887514

WHO TOLD YOU IT WAS GOING TO BREAK OUT??!?!?!

I FUGGIN TOLD YOU MOTHER FUCKERS

BTFO: >>8886263


My timing was a bit off but it still happened very near where i said it would!!

Go to hell you fucking haters!

>> No.8887579

>>8887514
Nobody cares faggot child.

>> No.8887603

>>8887514

oh shit. Blew past the 8k stop sign like there were no cops around.

Also I love Taylor swift

>> No.8887604
File: 7 KB, 412x328, MEME TRIANGLE FTW.png [View same] [iqdb] [saucenao] [google]
8887604

>>8887579
you shud care begoz u cud make mad dosh if ud liben to me

MEME TRIANGLES ARE A VIABLE STRATEGY ALL YOU FUCKING HATERS CAN SUCK ON MY HAIRY FUCKING BALLS!!!

>> No.8887625

>>8887604
I'm happy for this pump and I'm happy for you.. but please... stop acting like a fucking child. you got lucky.

>> No.8887638

you fell for the jew trap saying crypto was dead while they bought up

>> No.8887658
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8887658

WHAT HAVE WE LEARNED TODAY CLASS???

NEVER DOUBT YOURSELF AND THE BODY OF THE CANDLES ARE MORE VALUABLE THAN THE WICKS WHEN DRAWING MEME TRIANGLES

DONT LET YOUR DREAMS BE MEMES

>> No.8887663

>>8887604
>say up or down
>wait 5 minutes
>50% of being right
>SEEE I TOLD YOU FUCKING FAGGOTS I KNEW IT ALL ALONG I AM SO GOOD

kys

>> No.8887668

>>8887663

LMAO

>> No.8887849
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8887849

>>8887625
>you got lucky.
bawhawhhwhawhawhawhaha

you think a poker player gets lucky???

you think think card counters get lucky????

ASK NOT THE SPARROW HOW THE EAGLE SOARS!!!!

>> No.8887877

>>8887663
>>50% of being right
nahhh i said ABOUT an hour as in the hour was the lowest value and i was just too lazy to write that it was 1-2 hours


you can doubt me all you want but it just makes you a shittier trader in the long run

keep hodlin tho see how that works for you

>> No.8887893

>>8881486
ah yes... the inverse bart. we'll soon be millionaires if my calculations are correct.

>> No.8887926

Big moves coming before April 18th. I'm targeting 10k on April 18th, liquidate some gains to lock them in and let the rest run

>> No.8887937
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8887937

>>8887603
>stop sign
i dont think you meant it this way but that should be the name of a candle lol

like a red candle with a giant downward wick.. get it? like a stop sign

red hammers are now "stop signs" guys.. you heard it hear first

t. anon who predicted last breakout

>> No.8888012
File: 12 KB, 684x327, lower highs.png [View same] [iqdb] [saucenao] [google]
8888012

>>8887625
>pump
Also, breakouts and short squeezes are different that pumps. Although a pump can cause a bigger short squeeze. This last move was a real breakout though. There was a peak in volume during the start of it and during the consolidation phase there was reductions in volume. It wasn't manipulation in the strictest sense.

>>8887926
Might wanna watch this before you bet on that:
https://youtu.be/FiThorNU6cY

As you can see from pic related the lower highs correlate with a trend line that points DOWN. So not really into a bull market yet.

>> No.8888028

>>8888012
So we're going back down?

>> No.8888041

>>8888028
Not long now

>> No.8888044
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8888044

>>8881486
soros is going all in
bit by bit

>> No.8888091

>>8888028
I'm not the best at predicting long term trends but i think it's pretty clear that there is a lot of uncertainty around crypto's future and if nothing else people do not trust that the price will continue going up. I think the doubt will drown out the euphoria this time. So yeah i think we will continue seeing these lower lows and lower highs tbqh.

That doesn't mean you can't make money though and that crypto will be wiped out. I just keep my money in tether and trade the fluctuations. Lately it has worked so i think it's a viable strategy.

>> No.8888115

>>8888091
So I should I sell right now?

>> No.8888135

>>8888012
if this weekly candle can close green, should mark early signs of exhaustion. Dead cat bounce.
On the other hand ether could go to 600$.

>> No.8888197
File: 1 KB, 588x271, BITCOINSHORTS.png [View same] [iqdb] [saucenao] [google]
8888197

>>8888044
not necessarily

dont forget to look at bitcoin shorts on trading view (just google that) and even i had forgot to keep looking at it just now

in pic related the last green candle before the big red one occurred exactly 15 minutes before the price spike which means this is probably just another short squeeze

now this might be speculatory but the guys doing the squeezing might have had a confidence boost from the earlier spike so they tried it again.. but idk it might just be more "organic" than that

>> No.8888219

>>8881486
Sellers making use of that retard that bought. Watch it drop to lower lows next week. You can already see the buying is being surpressed. This is a good sign when there's already a bear market.

>> No.8888242

>>8888091
You might be the only one on this board actually making sense. Glad to see you're in it to make money and not to stroke your ego.

>> No.8888287

>>8888242
Agreed, wish there was a way to keep in contact wiith somebody on 4chan

>> No.8888343

>>8885932
RETARD
E
T
A
R
D

>> No.8888352

>>8888115
That's up to you boss.. you have to do what is right for you.. i keep my money in tether and only profit from trading. I don't ever hodl though so don't take that as me saying you "should" sell.

But I mean the RSI shows over bought and a few other things so we might be at the peak of the last spike. IDK though man you really have to make your own mind up. I can't take responsibility for your trades and we probably have very different trading styles. Regardless though, it might go back down now and then go back up later or maybe not.. I'll be honest though I would have *already* sold and we are in the next moment of consolidation and indecision. No matter what though as long as you have your head in the game you can take profits in the next breakouts or fluctuations. If you are a hodler then i might not be the best person to give you advice.. except that I personally never feel comfortable hodling.

>>8888135
>signs of exhaustion
You mean exhaustion of the bears or am i retarded?

>> No.8888394

>>8885543
Institutional buyers most likely. I doubt a whale could have cashed out that much in December when it was taking ages and money was going missing

>> No.8888428

>>8881562
Someone who wants to really shake out the last of the shorts

>> No.8888430

>>8888115
If you're at a hefty profit, yes.

>> No.8888448
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8888448

>>8881486
get in

>> No.8888490

>>8888287
/biz/ is a small board so dont worry... you'll recognize me in other threads about TA

>>8888242
>not to stroke your ego.

ehhh well there are these:
>>8887604
>>8887514
>>8887849
>>8887658


But I promise I wasn't being serious and I like being light hearted about stuff like that. Anyway what do you think about regulations and how do you think it would affect traders?

I personally think that regulations are most likely NOT going to ruin the profits available to traders because the sentiment from governments has been that they don't want to completely shit all over crypto. So think at least for the time being traders will have opportunities but it might become more of a pain in the ass to sign up for exchanges after july or some stuff like that. Probably never going to be as bad as the stock market though.

>> No.8888496
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8888496

I posted this a week or so back, still think it makes sense. If 2013 is any analog we bounce here to like 10-12k again before sideways and then another rejection take us all the way down to the 200 week at ~3k by EOY 2018. I hope I'm wrong

>> No.8888584

>>8888496
possible. Though you have to remember buying back then was a lot harder

>> No.8888667

>>8881793
cuck

>> No.8888742

hodling my stinky til linky $1000 confirmed EOY

>> No.8888830

My nano stupor will save my future 1000$ EOY

>> No.8889213

>>8881486
PUMP IT GOY

>> No.8889868

>>8881486
25% ANGLE UP - BART FORMATION

>> No.8889873

>>8881486
PAMP IT

>> No.8889937

>>8881486
Whales coming together and pumping bitcoin.
Thats literally it.

>> No.8889967

>>8881530
>missed the launch
>missed low earth orbit
>missed trans lunar injection
>still time to buy a massive dip before moon
>ragequits anyway

>> No.8889973 [DELETED] 

>>8888888

>> No.8889979

>>8885543
Shorts. The money was already in, the price triggers just moved it out of the market and into whales pockets.

>> No.8889985

>>8881497
i hope its not a fucking giant bart

>> No.8889999

We are in a massive accumulation phase, you tradelets. I hope you know what that means for the immediate future.

>> No.8890030

>>8889973
Did japmoot delete the 8888888 get?

>> No.8890048

>>8889999
This number pattern reveals profound veracity.

>> No.8890074

How do I buy bitcoins at best rate? help a grandpa out

>> No.8890081

>>8890074
post your hand as proof
I want to see how old you are

>> No.8890112

>>8890081
fuck off weirdo.

>> No.8890119
File: 68 KB, 498x654, 1523401126335.jpg [View same] [iqdb] [saucenao] [google]
8890119

>>8890112
fine, no advice 4 u

>> No.8890709

>>8881486
We had 4 months of bear market, do you think it will last forever?

>> No.8890733
File: 768 KB, 841x630, bogged.png [View same] [iqdb] [saucenao] [google]
8890733

The bart to end all barts

>> No.8891040

>>8888888#

No

>> No.8891066

>>8891040
what did the 8's say? I was out at a club grinding on latina ass. so i didn't get to witness

>> No.8891070

Bull’s back boyos

>> No.8891082

>>8888044
a little late, don't he, kek?

>> No.8891210

>>8891066
Sure you were. Anyway the 8's were some pajeet beggar posting his ETH address.

>>8888888#
>>8888889#

>> No.8891223

>>8881486
https://www.youtube.com/watch?v=0rwZeTccJ34

BART

>> No.8891293

>>8886263
>he's never seen the 30min MACD form a bull flag by going to the hist line or slightly below it before pulling back up
>he will FOMO buy when it crosses back upward at a price higher than the one he sold at
lmaoing at ur life 30 min MACD'ers

>> No.8891352

O R G A N I C G R O W T H

>> No.8891369

>>8881486
T H I C C

>> No.8891384

>>8888496
its not 2013 anymore its current year

>> No.8891392

>>8891384
This time it’s diff-

>> No.8891414

>>8891384
stay poor

>> No.8891421

is it better to hold 100% BTC or to diversify and hold alts?

>> No.8891427

The simpson pattern is not complete until we go back to 7.5-7.7k.

>> No.8891433

>>8891421
When it's BitcoinSeason.com, you hold bitcoin.

>> No.8891439

>>8891392
it's been different every single year since 2013, dumb nigger faggot

>> No.8891447

>>8881645
Das rite we on dat ripple shares

>> No.8891448

BARTED

>> No.8891453

>>8881497
fpbp /thread

>> No.8891462

>>8891448
Holy shit the bart is here

>> No.8891465

nice, i woke up just in time for the bart

>> No.8891481

>>8881486

We left the fast barts and transcended into slow barting.

Once the slow barting is done somewhere around early may we will go into hibernation barting, which will last until late august.

By then Soros has accumulated enough to pump btc into hyberbart mode, breaking ATH followed by the biggest dump in history.

>> No.8891596

>>8891481
is biz finally back online??

>> No.8891600

FPBP

>> No.8891608

>>8891427

Getting there ;)

>> No.8891616

>>8891596
no

>> No.8891624

>>8891608
>>8891600
Is no one going to talk about the fact 4chan was just offline for like 6-7 hours? Are these just bots talking?

>> No.8891635

>>8891624
I'm not a bot Anon ;(
There's rumors circulating about the shutdown, lurk around.

I'm just laughing at my bag holders cause I realized my gains today :D

>> No.8891645

>>8881486
Aborted Bart.

>> No.8891646

We are not in a bull market.

We are not in a bear market.

We are in a bart market.

>> No.8892555

u t e

>> No.8892565

>>8891624
I haven't been able to post all day.

>> No.8892598

>>8892565
the jews are on to us!

>> No.8892601

>>8891481
What's your sell target?

>> No.8892616

>>8892565
greetings test initiated false meltdown ii u gg t 4444 7 7 4 EMP

>> No.8892665

>>8890733
How he is holding the weapon if he has two phones on his hands?

>> No.8892694

>>8892665
The bogs have prehensile peni.

>> No.8892733

>>8881730
>this is a sucker's rally!

>> No.8892776
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8892776

>>8885632
U mad?