/biz/ - Business & Finance

guys, just so you know, LINKs price isn't going up for a while.

https://www.viewbase.com/coin/chainlink

Several whales transfered to the exchanges and are going to set up a sell wall.
Seeing that it's still Alts Season, i'd just take profits now and throw it into some shit like Doge or XRP or RLC or something.
Less downside potential, more upside potential.

No pasta rockets here, R32 GTR or E30 BMW M3

Where is BTC going now?
Post price prediction for BTC in 1 month

https://www.reuters.com/article/us-usa-fed-williams-analysis/repo-chaos-tests-wall-street-confidence-in-ny-feds-williams-idUSKBN1W333H

Why did the FED let the yield curve invert, they could have lowered short term rates (buying short term bonds) sooner or sold off long term bonds (raising those yields). Then a market they largely control has interest rates triple in a day. This happened august 2007, from a separate cause do to the collateral being toxic MBS'. Unless I'm missing something.

Is this on purpose or are they getting sloppy at the FED. Are they signaling to the market that a downturn is coming?

Or am I being paranoid?

>>15582116
The market loves BTC holders, backrubs and blowjobs for us

>>15259004
you hold a crypto with billions in circulation and a max supply of a 100 billion, dipshit. Don't compare to BTC ever.
>>15258591
This might be 100% spot on but still be bad for BTC price. Being used as money and changing hands fast in high volumes means price is stable.

https://www.coindesk.com/blockchain-token-velocity-problem

Good currencies are horrible stores of values and right now we buy BTC for future value and our own greed. Sorry to burts your p2p cash bubble but heres something that satoshi wrote that will help explain money's history
https://nakamotoinstitute.org/shelling-out/

this will help you make gains outside of BTC if you must
https://ddex.io/trade/SHOCK-WETH

>>15190214
>BTC is now boomercoin. Its had all utility stripped away and been replaced by a husk propped up by hordes of braindead morons using logic like "BTC IS MUH KANG" to justify its #1 position in market cap. The only reason BTC became so successful in the first place is because it was useful, now its not.
>Bitcoin Cash carries the torch of the original Bitcoin idea.

Why is it hard for people to understand BTC?
On-chain upgrades are easy for small scale shitcoins with no real money behind them but BTC has 10 years and millions of peoples retirement plans in it. This chain needs to always be secure. I made min wage and understood how inflation worked against me. When I discovered BTC I bought $200 every 2 weeks until I quit to invest in real estate with crypto earnings. I understood supply and demand could make this less inflationary asset become valuable.

I get that the white paper says p2p ecash but nerds splitting hairs over TX fees and times doesn't scare me. There's 100 cryptos faster and cheaper for TX than BTC. I love EOS, NEO, NANO, ETH and many more but I wouldn't store most of my wealth in them when BTC supply VS demand and stock to flow say that BTC has scarcity on it's side. Inflation matters and it matters more when market makers pull the carpet out and price crashes. Exchanges and the market makers they hire both make money off of you when you trade. Most people are better off buying BTC if you don't understand this space or markets in general.

These new deflationary tokens on ETH and a few on TRX have more volume though. You don't crash the order book as bad when cashing out. The key is finding small supply or great promotional team, most are in the 500,000-10 million token count. Next is burn rate, most are 1-5%. Then you want to check distribution. Too many bots or pajeets and price struggles. You want a high number of holders but also committed holders at the top. Slow distribution is good for tokens that give it all away but the teams who keep a large chunk can bleed holders with a slow sell off. Ethplode is doing that a lil bit.

Post your other deflationary currencies here so I can buy those too.

Everything in this thread is absolute shitcoins, years away from real adoption.

Kucoin is also going to destroy 5 million KCS in december. They're matching the total locked up KCS during the 3 month period and burning them. That will coincide with last possible KCS hitting the market after the lock up. These strategies might not work as well as we hope but I'll still respect their fire for tokenomics on KCS. Too many exchanges never try to get creative with adding uses for their native token

>>15047178
Ethplode has too many tokens and the team holds 95% still? What happens when that supply hits market?

>>15046028
>(NUK)
What's up with this team? First I've heard of it. I hope it's not the team from NUKE, I heard they were cloning AfterSHOCK a week ago but they fucked up the first try.

SHOCK pays divs and is a great airdrop, still ongoing. I'm tiring on how long it's taking but the team is a lot better than most deflats.

FRAG on TRX seems like a good one too. Already has dapps and the ability to stake for divs of those dapps.

Snowtoken.io is another deflat in airdrop. The site is a faucet with a dice game.

I can't believe how much money I'm making off these free tokens. Use caution when you invest your BTC or ETH in these though. I put .25 ETH in CLM before they exit scammed, gone. The only 3 I have confidence in now are BOMB, FUZE, and SHOCK.

I've been buying crypto deflats for years, usually on smaller dexes like WAVES. Some can shoot up in price and make you paper rich but they never get traded at any real volume. These ETH deflats have a bigger audience and it shows. I put an ETH in BOMB at $0.20 and it went 50X, cashed out 25 ETH and kept 25 in BOMB. Took my girl and I, years to DCA that many ETH, started buying with prices at $100 in 2017.

>>14991944
probably this. sad story

>>14991253
might be right but I bet we're at yearly high in sept
>>14991245
I could use some BTC at $3K, christmas would be twice in 2019
>>14991209
Still waiting on that tether collapse? Since 2016? Wouldn't everyone just use dai and usdc instead? The argument is tether artificially pumps BTC? but it allows for dumping of BTC too. I'm missing something?
>>14991170
When I started buying in 2016 I loved the prices going up but then I realized that I need more BTC. I started hating seeing the price climb, 10k, 15k, 20k. When price crashed people would tell me "how about that BTC now" I'd just smile and think about the market sentiment

>>14896056
Bitcoins the best currency only because central banks have never controlled themselves. If 1 single group could ever keep the money press honest they may have been able to beat BTC. No one cares that BTC is 10x more expensive to send or even 100X during 1% of the time, compared to other cryptos. BTC is the only digital currency you can trust the most, Everyone buys BTC because it's value goes up compared to inflated fiat currencies. The controlled decreasing of inflation and scarcity makes it perfect for eating other currencies. You'll learn one day.

>>13762943
because of the fundamentals or because it's a low volume mcap shitcoin?

That looks bullish as fuck actually. Classic bottom.

>>11662841
See pic related...we are all gonna make it frens.

Thank you lucky ducky

Also fuck Canadian geese, they are destructive cocksuckers

>>11541209
stop posting thots reeeeeee

For the bullrun

I have 5k waiting to go in, should I stock up on ETH and get my 32 for staking or keep going for BTC?

XRP is a scam designed to trick us into supporting the banksters who destroyed the economy in the 2008 financial crisis. I don't care if this SHITCOIN reaches $10 EOY. Waste of my time. Blood money.

XRP will be $5 EOY.