/biz/ - Business & Finance

did you shorted?

>centralized eth clone now worth 2x as much as ETH was 6 months ago
>ghostchains valued more than fortune 500 companies
>mainstream media, twitter, youtube, all talking about their trading strategies and memelines
>/biz/ is entirely price prediction threads, nobody even pretends their shitcoins have any underlying value so long as they can convince people x token is going to x price
>tether now printing $1b per day when the idea of them ever doing a $1b print was considered fud in 2017
>cz is now one of the richest people on the planet
>tokens with absolutely no use like DOGE, AAVE, AMPL, LINK etc are valued in the tens of billions of dollars
>/biz/ is the busiest board on 4chan and has 1.5x as many posts per hour as /pol/
>newfags who bought shitcoins weeks ago are paper millionaires
>even scams which rugpulled in 2017 are pumping
How can anybody look at this market and think we're not at the top

>within six months at most you will get to witness the downfall of BTC, TSLA, Bitfinex, USDT, MicroStrategy, DOGEcoin, the US housing market, the US indices, the COMEX, the major investment banks, and best of all, it will probably all happen within the same week.

The next year is going to be exciting. I can't believe I'm finally siding with /pmg/, but they seem to be the only good guys at the moment.

>>27342827
>Chinese PnD

>>26101505
>33k is capitulation
you're a baby bobo. 33k is "waiting for the next leg up".

7k is real capitulation. We will see it again, don't you worry.

High IQ post.

This market is so overvalued it's insane. Alts which don't do anything and can't be used for anything are valued more than ETH was 6 months ago. They'll all bleed to 0.

>>25908956
LMAO Niggers tweet efferium and you didnt sell

>the 80% crashes happen in a single day
it usually takes a month bobro. Patience.

https://www.youtube.com/watch?v=b_Uq5QCHcU0&feature=youtu.be

Go to 22:03 and listen for 2 minutes. It's actually over. The Tether fud was real.

finally

>entire market has used defi and crypto collateral to leverage themselves to the absolute hilt on longs
This is better than 2008. People are using LINK to collateralize ETH purchases to collateralize BTC purchases to collateralize more LINK purchases. All it takes is one card falling and it's over.

>27.4k REJECTED
>42.1k ABSOLUTELY BTFO IT'S OVER MUMU
>99.9k TRIPLE TOP AHAHAHA STRAIGHT TO 50K YOU GO

>red ID
is this the beginning?

Post your shorts.

>>24694579
>>24695965
>BTC is worthless as currency because it doesn't do anything
>my favourite shitcoin is much more valuable because 2 people have run basic computations on it in the last 12 months alone!
Anyone who thinks BTC is a shitcoin is not going to make it, and I'm extremely bearish on anything they hold. You just don't understand the value of crypto.

>>24602623

Show me your red ID

Learn proper motion tracking, you low effort fucking faggot