/biz/ - Business & Finance

>>9190077
Thanks for insight.

Also, any thoughts on this pic? As far as I know China has banned crypto for Average Joe, and at the same time they are building entire blockchain infrastructure in order to put whole country on a rails of blockchain in a near future. It's kind of country which can build 10 million cities in like 14 months, and right now seems like they are putting as much effort into making this space. Also there were articles about Social Credit System which was kinda scary, but if you go deeper, looks like they are actually going to implement it, since there's no bigger control freak than current Chinese government. Also this video makes you think - https://www.youtube.com/watch?v=p95WWUVVN6g

I'm not talking about price predictions and so on, just curious if I'm the only one who thinks in this way or I'm not alone.

>>9133108
Sure
Wait till Q3 when China will enroll and launch their blockchain infrastructure which will be used for Social Credit System and force whole country to be put on rails of blockchain. Keep in mind that China is a kind of country which builds 10m cities in 14 months. They have banned crypto for average joe, meanwhile building shit to make it work, fast. I'm sorry for you if you will miss this because you find it too complicated to understand how it will work together

>>9133159
Well, people even can't make a baby from first attempt, so what we could expect from being successful in crypto from first attempt. Thanks for support, I've done a lot of mistakes, but at least I'm learning fast. Likewise, wish you all the best

>>9123899
Looks like it's always good idea to buy cheap exchange tokens. Any thoughts on Bibox gems? There's evidence pretty much every bibox-exclusive coin is at huge accumulation stage right now, and still will be till Q3

And also please answer this one about Ambrosus - >>9123768
Thanks

>>9109075
I can't tell anything about possible profits from these coins. Try to find few hours to do your own research, there's not really much articles since projects are quite underground and below the radar, it's not that much information you will have to process and it's quite easy to take notes because of this.

In general there's evidence that OkCoin and Huobi ex-founders are accumulating these coins, which to me signals they are super confident this will be very promising thing in the future. Thing is, there will be more coins unlocked which will increase total supply in three times in may-june, which will not allow it to increase in value that much. But after summer, things gonna be wild. Just watch the timeline of these coins and notice how they are designed to work together exactly from Q3, looks like they are assembling whole new system and going to launch it all at once later this year.

I could elaborate more of my thoughts on this, but people call me tinfoil paranoid when I'm trying to explain my opinion

Also, keep in mind, it's Asians, they are smarter than you, so you could be played and fooled very easily. They are very good at money saving, even shit-tier pajeet job guys could have 10,000$ in savings because they count every penny, and during price fluctuations for 3-9% before Q3 they could establish cashflow from your pocket to theirs, and then project could just disappear since they already made money from you.

I have very mixed feelings about this, never felt more uncertain in my life. I'm only sure about this is very big game with very big money involved, and politics as well. No idea how this will end

Welcome back. Remember some of your previous threads, nice discussions.

Would like to ask your opinion on general market stance and global vision.

1. Do you think there will be a dip after current run, and this dip will be last before gradual organic growth (if we exclude any noise like FUD from media / twitter drama / etc)?

As far as I know there are 300+ crypto hedge funds at the moment, as well as everyone waits for tax season to finally get over to get their tax returns and pour this money to crypto market, which will cause for significant increase, and this increase will signal to media to start shilling this space again and cycle will continue to run

2. Any ideas about whales operating under small exchanges?

Right now we have phenomena called Bitcoin which nobody actually understands; it's flying over the world like a black hole, sucking all the money and constantly increasing in price x5 x10 over and over again. Sometimes it pops, and a group of people gets 80% of money sucked from previous cycle, and it's nearly impossible to find out who they are.

Alongside, in previous year we had article about China's social credit system, and last weeks there were been much threads about Banyan Network, UUU Network and other coins from Bibox exchange.
Thing is, Bibox is fairly unknown exchange, but has very big density of unbelievably nasty projects which are _very_ related to "social credit system", and also if you will look closely most of these coins are designed to show zero price action before autumn, but most likely these projects will be _forced_ to use by 1.5 billion people later this year.

Looks like China has banned crypto for average joe, but actually is building infrastructure to put entire country on rails of blockchain in like no time, while others are playing crypto kitties. And of course by doing this they will suck literally billions of speculative capital from rest of the world.

I know it's quite long, sry for this.
Any thoughts?

>>9044909
Glad I'm not only one who concerned about this. Do you have any opinion on any other bibox coins? Banyan, HPB, CPChain, Bottos, IPSX, JNT and Datawallet are freaking me out a bit. There are very huge rumors about what's going on within NEO ecosystem (China banned crypto for average Joe, meanwhile starts to put whole country on blockchain rails) and all these projects right now look like will be _forced_ to use by 1.5billion people. At same time it could be very elaborated fraud if turns out this is just vaporwave which was sucking money out of people who thought they are most keen and smart investors in the field. In my opinion just way to much effort was put in order to get just <2 million USD by this way, but anyway at the moment it freaks me out a bit

Would be good if your point is true and Korean insiders just getting as much as possible in order to become largest shareholders of future >billion assets