/biz/ - Business & Finance

>>14598019

>>10857335
Coin market cap

It's not an exchange hack, you fucking idiots.

There are only 2 scenarios that could have happened, neither of which where Binance was at fault:

Scenario 1:
>Phishing site

Scenario 2:
>Malware, probably injected through ICO websites.

Whichever happened, they probably played it off something like this:
>Users entered their login + 2FA
>The attackers logged in with these settings on the users Binance account, activated trading APIs, stored the keys and lied in wait
>They emptied whichever accounts didn't have 2FA, and did a co-ordinated pump and dump with all the accounts using 2FA, because of the impossibility of withdrawing from the accounts

>>8108162
>BTC has done a 6-11k recovery
>should stay around 11-13k, then alt season begins

Being in alts was retarded when BTC was at $6-10k. Now it'd be retarded to sell. The risk-reward scenario when it comes to missing out on gains from seeing BTC hit $12-13k, versus missing out on the beginning of alt season just doesn't make it worth sitting in BTC.

But I agree that this chink hypecoin is one of the worst options.

Best invastmunt

>thinking that anybody is going to trust exploit-ridden intel sgx to secure a derivatives contract worth more than $5.

>>7996173
>tell me why you know more than Money Skeleton

When Ethereum was $40, Money Skelly told me that it's overpriced, and should be somewhere around $7.

Plus, Money Skelly is infamous for wanting to kill the speculative element of crypto, which made him a rich man in the first place. Oraclize is a piece of shit solution, but it doesn't further the speculative market like LINK does.

>>7986655
Oh boy, might as well call it jiblink

>>7970775
This pump was because the European Commission were bullish on crypto an hour ago in their press briefing after the meeting to discuss regulation, you fucking retards. That's why BTC has been falling this week in the first place, since people assumed the worst.

It has nothing to do with your faggy TA.

>>7941864
You didn't address any of my points either. Bitcorn is a shitcoin, but it'll never lose its sentimental value.

>Option A: List 50 different payment options on my website: BTC, LTC, Nano, XMR
>Option B: Have 1 single payment option where anyone can pay with any crypto of their choice, and I still receive LTC, because I prefer that one for some reason

And I'm not being negative. I'm addressing a very real issue, since most of the tech already exists, and the payment solutions are in development.

>>7865601
>Holders when they realize nobody gives a shit about Bitcoin Private
>ZCL tanks after the fork because it was only a vehicle to receive Bitcoin Private
>Bitcoin Private tanks because everyone is expecting a surge of buyers, who would have bought into ZCL in the first place if they gave a shit

You faggots are retarded beyond belief. But it's your money to lose.

>>7812986
>Nobody uses it anymore, so the problem fixed itself
>Now you can come back and use it

Imagine how much of a fucking brainlet you'd have to be to think like this.

5.8k was despair and now we return to mean.

It IS the meme chart.
Just a little bitch stretched horizontally and squeezed vertically.

>>7594845
>BTC needs to take its medicine
what in the absolute fuck am I reading?

I don't understand what's so hard to believe about it. Anyone who's been in the game for more than 1 year are up to $500k+ if they started with a decent amount and weren't retarded.

And /biz/ was full of cryptofags one year ago.

I've cashed out $300k to buy a house and $85k to pay off my mothers mortgage, but still have a $600k folio that will be by my side until it's $5M+.

>>7493674
I'm a lazy chubby slob but good job, anon. Wish I had your dedication when it comes to stuff like this.

Not going to waste my time calling this faggot.

>>7462168
you're right crypto is dead. game over. sell all your coins at a loss now and submit an application to walmart asap.

>SEC/CFTC/US Senate spends 4 hours shilling crypto as the future
>They compare crypto to the invention of the internet, cellphones and wireless
>One Senator drops the "20 trillion" word when talking about expected future growth
>Retards are wondering why people are suddenly having confidence in the market again
>It has to be manipulation

I was one of the people who sold prior to the Senate hearing, because I, like everyone else,expected the SEC/CFTC to shit all over crypto and force the price down even further. That did not happen, so I, and people with half a brain bought back in.

>>7131471
Why the fuck do you care what some PhD cunt thinks about the LINK whitepaper? If you've read it and you have an IQ above 105 you'd already know that yourself.

>>6974602
>a board they don't belong in

I've been browsing both /pol/ and /biz/ ever since /biz/ was created in 2014. Now what?

>>6876178
>Shitcoin A: 100 million marketcap
>Shitcoin B: $1 billion marketcap

Now, which one do you think will have the hardest time doubling in price?

>bought this thinking it was a shitcoin i could ride to 2x
>put in 0.5 BTC for easy 2x
>start reading about project
>wew lad, this thing might actually go 10x
>see it take off on plebbit
>see someone placed a $100k bounty for etherdelta hacker
>check blockfolio
>already up $2100

tfw accidentally entered a $100M marketcap moon mission

>>5340241
Fine. Just hold till BTC reaches $8k because of retarded fucking normies.

Like I posted earlier, this was an extremely simple risk/reward scenario for people who weren't overly greedy. Since we all know the chances of a BTC crash is higher than ever right now.

>Risk +70% of entire stack by holding
>Cash out and wait 2 weeks for BTC to either shit the bed or stabilize
>Worst case scenario: miss 2 weeks of meager gains