/biz/ - Business & Finance

>>55645751
Stinkcels literally have no arguments.
Their entire existence depends on this ICO premined shitcoin from 2017 achieving a more ridiculous valuation than it has already achieved (a company that makes $32 per day is worth less than a Lemonade stand run by kids).

>>55607796
No one, NO ONE, is going to pay more than your break-even purchase price on this shitcoin.

>>55442022
Forget ETFs.
You can find a single high dividend bluechip stock like the Canadian natural gas distributor Enbridge, which pays a 7% dividend and has literally zero risk of going bankrupt because it's a regulated monopoly.

Also qt pic.

>>54720122
Bingo.
It's the Vechain business model:
>run a scammy ICO in 2017
>raise hundreds of millions from shitcoiner retards in a bullmarket where every shitcoin appreciated 100x.
>Withhold over 60% of the premine
>Start shopping around for a use case in what can only be described as a soft exit scam (after several years, bagholdrers will forget and lose interest in trying to legally pursue an offshore entity)
>Buy yourself celebrity endorsements from prostitutes like Eric Schmidt
>Buy yourself some commercial endorsements from hundreds of literally who crypto websites that no one uses or has ever heard of.
>Pretend to operate a software infrastructure company while just dumping millions of premined tokens to the spot market.

You can't deny that Chainlink is a mirror reflection of Vechain.

>>13479579
>This tether shit has always seemed sketchy to me.

This.

It was so insidious, most people didn't realize their exchanges were being flooded with digital IOU tokens that were minted by some tax haven and professional money laundering assholes operating out of the Caribbean.

The systemic risk to the entire Bitcoin market is not even knowable at this point.

The only way to secure myself is to use exchanges that have real fiat pairings.

I think Binance is going to implode because it relies so much on Tethers and they are operating in a very grey legal area with no banking partners for liquidity.

How plausible is ETH running up to $10K?

How big of a market cap would crypto have to be?

So what's the general investing strategy here?

Flipping pump and dump shitstocks?

Anyone do security analysis and value investing?

>>13133396

>Female to male

>Chad

>>13020443

Lmao, did it actually break 3 cents?

Well fuck me, this might actually be the start of a general trend reversal in ALL of crypto if even fucking REQt is moving...

>>13007521

Binance is getting scammier by the day, and the greater sway over the entire market they have, the higher the chance of all of us getting GOXed again.

Anons should start shifting away from Binance.

You can't un-Chink a Chink.

>>12927076
>>12927707

Nashfags, hold my hand and tell me why you think I should move over to Nash.

>>12828394

Holy chocolate milkies.

mama, gibe..

>>12659399

You summed up most ICOs.

Millions thrown away on incompetent software pajeets and beta nu-males who had no idea how to run a business, finish a product or secure a single purchase order.

Crypto destroyed billions of dollars of capital.

>>12650848

>Young guy in his 20s or early 30s suddenly dropping dead of Crohn's Disease somewhere in India

Lmao, the cost to get a fake death certificate in Pajeetland is probably like 20 US dollars.

Leafs are absolutely fucked.

Serves you right for not using Kraken.

>>12029430

No one is going to accept heavy rocks in times of social crisis.

There's absolutely no evidence in modern history to support this doomer-prepper-rockfag fantasy scenario.

All of the countries who fiat FAILED, reverted to the US dollar, not some fucking shiny metal, for every day trade and living expenses.

Jesus, rockfags are worse than VeChink shills.

>>11837398

This.

Holy fuck, how can anyone be this reckless and brain-dead?

Were they greedy or did they only get sold on the upside?

About tree fiddy

>>11418849

>86 BILLION supply
>$1 EOY

So who pays 86 billion dollars for a group of Chinks with no product, no sales and just a bunch of powerpoint slides?

>>11282478

>Believe me

I believe you have very heavy bags and will say anything to try and recover your loss.

>>11203897

$3K is absolutely necessary to shake out the last of the normies, pajeets, moon-chasers and other bottom feeding organisms that have arrived here in 2017.

Only with these creatures squashed, can the Golden Bull Run begin.

>>11122061

>Thinks whales actually buy and sell thousands of crypto on Binance.

>Implies it's even possible to sell hundreds or thousands of BTC or ETH without crashing the entire exchange and order book.

You realize that the only alternative now is to call some Boomer literally sitting at a desk and PC in Bitfinex's office and matching orders on Skype with a spreadsheet.

Or using some centralized dark pool like Kraken, which exposes you to manipulation and small order book.

REN can actually bridge ALL of these and provide access to their provably fair global order book, and even share a profit from the trade to the private Kraken's of the world.

It's actually pretty damn clever.

Which OTC whale manager won't want to give their clients a bigger pool of orders and liquidity?

>>11017571

This is a correct response to the faggotry on display in OP.

>>10862846
>>10863409

We still have not seen $3K Bitcoin, which means we're not officially in recovery mode.

Too few of you have squealed in capitulation.

Bobo will strike back.

>>10764286

So how much is REQ going to be worth once they handle fiat-crypto automatic payments without Metamask?

This is 2-3 years out, but I think a market cap in the 1-5 billion range is possible.