/biz/ - Business & Finance

Let's be real for a moment, in a year from now the people who sold under 7k will be mocked and ridiculed just like the people who bought over 20k in 2017.

Let's have an honest discussion on the price performance of coins heavily shilled/discussed on /biz/, and how they have been in terms of investments in retrospect.

Long-term shilled coins:

LINK: Little to no movement, downward trend. Bad investment
REQ: Massive pump, slow sustained dump. Bad investment
ICX: See REQ
VEN: Huge pump during the alt bull run, kept its value pretty well. Solid investment
XLM: Held its value, but has not really pumped. OK investment
OMG: See XLM
XMR: See XLM

Shilled heavily for a short period of time:

DBC: Piece of shit
BNTY: Piece of shit
RLC: Piece of shit
SKY: Actually did alright. Solid investment
0xBTC: Piece of shit
HOLO: Massive early pump, held value alright. Good investment

From what I can see, /biz/ usually makes terrible calls. Seems that unironically doing the opposite of what /biz/ says seems like it would be a good trading strategy.

Any coins missed?

What if coinbase is waiting on LINK to release mainnet before they list new tokens?
What if coinbase is the trigger for the golden bull that takes LINK to 1k eoy?
What if coinbase and LINK partner up?

>>9439674
the guys behind Zippie were the guys who built Nokia in the early 2000's, saw the signs early, bailed and built a ridiculously ambitious hardware project on their own, which, although not globally successful, tells you a bit about who they are. Besides that's one fucking moot point. One look at Zippie and you can see it is exactly what crypto and blockchain need atm, which is brainlet proof UX for the masses where you don't have to memorize private keys or any of the other barriers for entry that you don't even realize exist anymore, being the December crypto veteran that you are.

>>9399886
It’s not a meme it’s a scam. They’re even threatening to murder OP for talking about it. Solid project. Good team. Fun community.

>We have a very strong green candle.
>We bounced from the bottom of the Bollinger Bands .
>We are trading within an ascending channel .
>The last two candles together give out a bullish signal.
>MACD starting to curve up.
>RSI had a strong bounce from a low that it hasn't seen in over a month. From here it is already curving up.
>Trading above EMA100 and 200 lines.
>We broke above the EMA50 resistance, which will now work as support.
>We are green on the Ichimoku Cloud .
>The STOCH reached bottom and it is curving up with plenty of room left for growth.

If you aren't long right now you're a fucking retard who will never ever make it.

Compare unknown coins such as ARN or DLT (low caps (15-30m) to the last bullrun and they follow Bitcoin almost exactly, as do the higher market cap coins. With that said, wouldn't it make more sense to buy lower market cap coins with a higher multiplier? ARN is almost 10x and DLT 5x. Assuming the coin doesn't exit scam or is complete vaporware with no updates on GitHub or social media, etc - is my logic flawed? Really not trying to shill the above coins, I am interested in them definitely, but I'm hoping to pick them up during next flash crash for a good return.

Digital currency is the inevitable part of the digital future and a decentralized one is the one people will pursue. Even if you hold a trashy shitcoin, there's a still a good chance you'll 2x your money when there's a bullrun.

Exchanges, market makers and miners have made too much money and potential money they can make just to let this market die. It doesn't take much money to move the market up.

FOMO is part of human psychology and there's always millions of degenerates willing to gamble on shitcoins.

Because i don't know if it is hetero CP or gay CP.

>>8537251
I mean yeah... I guess... depends on a lot of things, but people will certainly leave you alone here and mind their own business for the most part, while being civil and courteous. However I wouldn't move to Helsinki unless you know what you are doing (there are nice and really nice parts), since this place is pretty much taken over by apologist lefties and immigrants (though not quite to the level of Stockholm). Instead if you're looking for a comfy life, go to a smaller city and buy an old "front line veteran's house" (rintamamiestalo). They are basically the middle class quiet suburbs of Finland and will set you back around 200-300k€. Once you're settled in, make friends with the neighbors, enjoy the fast internet and live your life and do whatever the fuck you want.

>>8484191
Not to mention the large pool of cycling nodes are verifiable people voted in by token holders whose proposed changes take months of checks and balances to come into play. Anyone who doesn’t play by the community’s rules will be voted out.

Ethereum is controlled by 3 mining farms.

EOS will be the fastest and most decentralized blockchain in the world.

The only real question is will /biz/ make an educated decision to remain in crippling poverty.

Because you suck at making decisions. You determine your entry and exit. Your gains your losses. It's all on you.

>>8272492
I just read that their credit platform makes you stake monaco. Which is crazy because there's only 13 mm coins atm and there will be less with the token lockup for people who want metal cards.

So Idk probably over $100 but maybe not for a few months.

People who spend a ton of energy to unironically FUD a specific project are only doing so to convince themselves they've made the right choice by not holding that coin. When ETH was getting shilled in 2016, people would hop in the shill threads with genuine reasons why they felt ethereum was vaporware. They convinced themselves not to buy, and here we are...

He said there'd be a big red candle right before the big green candle and with great volume.

After last week's 1.01-1.02 Tether, it has been in the .98-.99c range for a couple of days now, meaning the whales are selling their tether back to BTC now that that Jap cunt has done what he did.

Higher lows boyos, you know what this means.

>>8152312
when you dump 30 eth on ether's ark make sure you register and use a username like "AmericansAreFat" or "KingWhale" to piss off the Whaleburgers.

>>7961647
I doubt it, and you have to wear those things like 12 hours a day or something. You're probably normal OP, stop stressing.

>>7831568
>>7831615
>>7831652
>>7831653

Please see:

>>7831636

>>7820793
Cardano also has an active test net with smart contract support.

EOS doesn’t even launch until June 2019.

>>7814208
why would you do this OP? at times like these you shut the fuck up and accumulate.

Actually man I'll try at a slightly sensible / somewhat answer:

The sheer compression of time you've had cryptos in coupled with the unfamiliarity of the subject-matter, the means by which information is disseminated on it and the sheer network effects in social media which has never happened before (Trump got elected against all the powers of the establishment) means the psychology of the investors is quite different.

Anyone who knows crypto knows it's insanely speculative and volatile - it can turn you into a millionaire or leave you with nothing - so the psychology / sentiment of the players (particularly the veterans) involved is something quite unusual.

In this case for example you've had a cycling of smart money speculators and some very big-balled HODLers who have been buying since we hit the bullish hammer under the 200ma.

Surely and slowly as speculators cycled in and out they were leaving price positions increasingly until fully occupied by HODLers and thus had no choice but to speculate above them.

So you have slow steady speculation starting however rock-solid support from HODLrs underneath - it's just an idea however you've got to consider the idea the pscyhology or people in crypto might be, for several reasons, unusual until it's a slightly more mature market resembling the usual stuff.

TL:DR: There may be a number of reasons why the psychology / sentiment of the participants is unusual.

Unless your net worth is high enough that you literally can't deploy cash fast enough/have enough time to manage deals personally, then you should not be investing in highly speculative assets like crypto or your Californian uncle Vinny's marijuanna farm. Much better in the long run to build tangible skills by building businesses/investing with a set methodology. Especially if your net worth is under $5M or so, it's pretty "easy" to get 20x - 100x on one deal that can then be repeated in the future if you don't have room temperature IQ. Unfortunately most people think short-term and don't care about building a good track record they can leverage later to do bigger and more exciting deals. A track record allows you to do things like get blank cheque offers from VCs.

Start building some useful skills, anon

>>7617196
In fact you’re literally a European talking about tethering up because of how weak handed you are itt