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12170633 No.12170633 [Reply] [Original]

If you see this chart and don't want to buy it, I doubt there's any helping you.

Someone is accumulating, A LOT.

>> No.12170645

>>12170633
which coin?

>> No.12170648
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12170648

>>12170633
A lot of garbage

AM I RIGT BOYSss

>> No.12170659

>>12170633
What coin?

>> No.12170686

>>12170645
>>12170659
What's funny is that if I had simply told the coin at the onset, you all would have a very different reaction.

This is discussion of the chart first and foremost.

>> No.12170719
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12170719

>>12170633
>>12170645
>>12170648
>>12170659
>>12170686
>le reddit on the blockchain coin

also if you can't find a coin based on simply looking at OP's chart within 5 minutes of seeing it, then you're a newfag and you need to lurk more.

Merely buying based on charts alone is also absolutely fucking retarded. For example Steemit let go like half their staff recently, so if you're bullish on this coin you might be retarded. I do admire that they have a use case and are trying to actually do something useful with blockchain but I think they'll be replaced by bigger and better projects very soon.

>> No.12170742

>>12170719
steems 3 month chart looks nothing like that.
next.

>> No.12170744

>>12170719
What coin is it though?

>> No.12170750

>>12170633
it's IOTA

>> No.12170752

>>12170744
it's obviously a coin that someone(or a corporation) is putting very large buys in

>> No.12170800

>>12170744
>>12170750
>>12170742
oh whoops, had the wrong window open. It is IOTA. Point still stands, buying on 3 month TA in this market is retarded.

>> No.12170844

>>12170800
It is.
I'm not buying based on TA.
There's a multitude of reasons to buy and hold IOTA.
3 month chart showing very obvious extremely large buys is just one more reason though.

>> No.12170869

>>12170844
companies usually buy offchain
iota is also not profit oriented and they have feeless transacions

>> No.12170900

>>12170869
Usually but not always.
Also they've had some interesting collaborations lately, which if I was an astute investor in those particular meetings, I would probably go buy large amounts afterwards.

Just some unusual coincidences.

>> No.12170906

>>12170900
the problem is a company could run all of their transactions by using just one (1) IOTA

>> No.12170936

>>12170906
What you're failing to understand is what happens when standardization and global adoption happens.
This is what we're looking for when investing in cryptocurrencies, no?
Not to mention, isn't that a draw for a corporation?
Being able to use the network nearly for immutable, verifiable transactions, including the sale of data feelessly?

>> No.12170992

>>12170633
Chart actually looks ok. Project is retarded dogshit, but who carss about that?

>> No.12172117

>>12170992
I love when people talk about things they know nothing about.

>> No.12172302

>>12170936
What is the use of the coin?