/biz/ - Business & Finance

>>15472616
Never

>>15472616
Supply and demand drive price. Crypto whales won't miss out on BTC's halving. You have to wait for the last year of the halving cycle before the crash. Markets go silly at the end of cycles, alts pump, BTC pumps, Alts pump and then crash again. Sorry for the news but just play accordingly. Spend your coins on BTC or smart contracts that are early if you want to prevent losses

>>15472743
I’m already all in VIDT. If I sell now my stack is so heavily reduced it’s pointless buying btc

>>15472743
>whales wont miss ouy on halving
Yea they might dump before it this time

Seriously, people that buy Bitcoin are so retarded. It's should be exactly the opposite from this, dominance should be falling, not rising. Glad they'll get rekt hard after this shit trend is over.

>>15472616
when it dumps we should see some alts move afterwards
only good alts mind, no bags of shit erc scams that flatlined, they are in the graveyard already

Link will Flip BTC

>>15473421
This is the most retarded shit I've ever read

>>15472616
It will die in Jan 2020 in the great dumpening. Your shitcoins will die too. There will be only Bitcoin (BSV).

>>15473337
>people buy BTC

lel, only Bitfinex buys BTC with their counterfeit USDT. Not a single real peraon has bought BTC since the 2017 pump & dump

>>15472761
Vidt is one of these projects that are capabele of doing a XRB kind of run. It is normie friendly. With more liquidity and exposure it will blast off. I don't know any project that is so transparent about the usage as Vidt. Continouisly rising in the state of the dapp list, being adopted. I know the last few weeks are rough for alts but hold on mate, at least Vidt will get there eventually. I think Vidt will hit 0.30$ before the end of this month. It truly is a great project to hold, although I know many of you got rekt (including me) because of the 4chan Vidt pump and Dump. Right now is the time to buy!

>>15472761
Lmao

>>15473496
when I see a post on biz. if it says how great something is. but it has a lot of sentences. and it's all positivity all over the place. I tend to think. This could be bad!

>>15472616
Shitcoins are all going to fail. There is no such thing as "alt season", it only happened in 2017 because (1) Chinese miners were trying to seize control of Bitcoin so that they could extract undeserved rents forever, and (2) the tech was newly famous and all the dumbfucks on the planet were throwing money at shitcoins thinking they could overthrow Bitcoin because of the FUD bullshit that the Chinese miners were spreading about Bitcoin being unscalable and "old garbage" and "shitty Bitcoin MySpace vs modern shitcoin Facebook".

>>15473544
Haha yeah you probably right, but I'm shilling you a coin that has dropped the last few months and is being used more than ever by actual companies. Buy low sell high. If you don't see potential in Vidt, especially since now when the price is low, I truly don't know why you would be here on Biz. It is sincere advise, keep a few in a wallet somewhere and sell them next month on the bigger exchange. But you are right, most of the time you should do the opposite of what biz tells you to do! :)

>>15472616
Given what you just said you should know it is going to be absolutely amazing when alt season kicks in. So much money into BTC and so many alts at death's door could be huge returns on alts

>>15473544
no sirs. Vidt not bad. Vidt make you very rich sir.

*inserts Vidt meme*

>>15473690
wait until BTC halves supply. I hope Bakkt and Fidelity keep delaying the launch so they miss out somewhat on these next 2 years

>>15473491
I bought BTC @4k USD in 2019... and I'm a real person.

>>15473885
nice try mr Shekelberg

99,9% shitcoins are scams. BTC dominance should be 85%.

>>15472808
Yeah because they hate all that easy money. crypto whales are mostly og BTC holders. They know the drill.
>>15473337
just leave crypto, alts need BTC to pump or more than 90% die. Dumbass rooting against yourself, let BTC run and then pump everything else. Don't fight the market, it's smarter than you
>>15473406
When BTC dumps alts dump too
>>15473425
2nd this
>>15473478
>This is the most retarded shit I've ever read
actually this now the most retarded shit I've ever read
>>15473491
Tether has never pumped BTC, tether lets traders cash out with the IRS knowing. No one ever put a dollar into tether, they only put BTC into it and spend tether on other cryptos
BTC is bought by mostly poor fucks around the world
>>15474008
>95% of shitcoins will fail. BTC dominance should be 85%.
Tweaked it to my liking

>>15472616
The real dominance is 90%, because many are just waiting for alts to moon to buy more BTC.

we will see at least 80% btc domination before an alt run

>>15474051
Then I'm 99% BTC, 1% XMR
>>15474056
looks likely, I think we have another year at the least before alts make serious gains

>>15473873

Bakkt is launching trading sept. 23rd.
Its already accepting deposists in 4 days.

>>15473337
>Seriously, people that buy Bitcoin are so retarded.
Complete randoms are now getting into debt everywhere to buy bitcoin. I have a friend who is extremely poor, always spends everything he earns, he registered on revolut to start buying btc "because it always goes up". There's no future in which it ends good for them, they are only shuffling money between themselves and miners.

In terms of money pumped 2018-2019 is the biggest bubble. Almost $10B transferred to miners.
I'm beginning to be afraid crypto gets banned when bitcoin inevitably collapses. So many people are going to lose. They always start attacking the state for not protecting them from their own stupidity.

>>15474069
I read something like that. This has been expected for a long time so I'm glad it got pushed back passed the rebound
>>15474165
I would like to see BTC address it's mining centralization but you're twisting the natural order of capitalism in to something you think is bad. Miners produce, holders and traders buy, traders and miners sell. The miners spend on new ASICs and cost of production increases, lowering profits. Miners compete on the open market against other miners too. It's not closed off with mining pools open to most

>>15474224
How is that relevant? Bitcoin buyers are poorer by billions annually because it was spent on mining. To profit you must sell to someone at the end, but people only buy hoping to sell higher. It's literally impossible for this to end well for the average buyer.

>>15474320
It's a zero sum game. Money goes in, money goes out. Miners and exchanges take their cut too. Of course it's impossible for an average dumbass trader to win. You're in a war to convince someone else to give you their own money, what do you think trading is? Whenever whales and exchanges stop hunt bitmexicans and take their lunch money they profit at their expense. Did you really think there will be free lunches here? Money does have to come from somewhere. If you profit some loser has to lose.

>>15472616
it's just Craig building it up before knocking it down

>>15474349
Well that's my point

>>15474008
Sometimes when I'm stressed I close my eyes and imagine if I had three wishes. One of them would definitely be for BTC/BCH/BSV to drop to 5% dominance overnight just so you r*dditors would get absolutely anally justed.

>>15472761
>what is the sunk cost fallacy

50% BTC 50% XMR. Cant wait for RandomX btw, mining will be worth it again for normies. Can use my AmD 3900X

This board is full of newfags.

Whales and all smart money only hold BTC as investment in long term (+5 years).

Alts do not can have sustained volume in long term due to lack of demand and tokenomics designed to be used as utiliy token and not as speculative pruporses.

Altseason was a unique event moved by hype, fake news and bots manipulation. With the last regulations exchanges cannot do more manipulation (like in Bithumb for example).

>>15472616
This board is full of newfags.

Whales and all smart money only hold BTC as investment in long term (+5 years).

Alts can not have sustained volume in long term due to lack of demand and tokenomics designed to be used as utiliy token and not as speculative pruporses.

Altseason was a unique event moved by hype, fake news and bots manipulation. With the last regulations exchanges cannot do more manipulation (like in Bithumb for example).

>>15472616
when you start having actual hashrate
get the mining rigs ready

Ethereum enabled '17 run.
Alt season is not coming, because this market is completely different from the wild west back then. Now you have to KYC everywhere, can't do ICOs anymore, pay unfairly high taxes and hype has all died down because of scammers. BTC will pump until someone finally exposes stable coin (tether and other fake dollars) fraud, then it'll drop to its true value. If you didn't make it from 17-18 then you are out of luck.

Before '17 there were less than 500 projects on CMC. By late '17 we had well over 1k then in 2018 2k+ and now in 2019 shitcoins are still popping out. We are at 2.5k+ shitcoins right now. Draw your own conclusions, but for me that's completely crazy and much different from previous cycles

>>15474718
Sure but many of them barely have real markets. It's not an even distribution of investment these coins attract, most below the top 300 are hardly worth mentioning. Top x00 coins will still get noticed.

>>15473478
Keep posting more meaningless dates, pajeet.

>>15473406
>only good alts mind
for example?

>>15473496
>vidt is one of these projects that are capabele of doing a XRB kind of run.
nah... I'd say StakeNet.. not shilling, but it's seriously undervalued and it has great normie's appeal, buy now or regret a second XRB missing forever

t. poorfag with only 5k XSNs

>>15474583
>With the last regulations exchanges cannot do more manipulation
why?

>>15475301
Authorities in most countries do not allow pump and dumps. Exchanges must make public their internal trading activity for tax reports and to check market manipulation with bots.

Bithumb was the exchange that pumped XRP to $3 and this exchange was sold last year due to the new regulations.

>>15472616
There will never be another alt season. Your bags are toast. Welcome to reality

>>15472616
Btc is rising because of the next halving. Some aöts will moon too.

70.4% now. One coin to rule them all.

99% of alts are cash grabs at best. The dominance is a reflection of the average level of crypto-currency knowledge in the investing base. New money bought into shitcoins and is now learning to avoid shit. It's really that simple. /biz/ just learns slower than average.

>>15475710
>Exchanges must make public their internal trading activity for tax reports and to check market manipulation with bots
Curiosity: How do exanges they manipulate the market with bots?They know where the majority of people have their stop losses ok...then what? What is the bot instructed to do with that stop losses? To hit them? Or is it a strategy based only on moving averages? Never understood how do they manipulate the market.... yes selling and buying from themselves to fake volume, but this could be easily spoofed trought proxies

>>15476413
we buy the other 1% :)

>>15476634
10/10 comment. Perfect.

Imagine not being a maxi in 2019 lmao

>>15473421
based

>>15474359
LOL you didn't commit suicide yet?

>>15473496
VIDT does nothing but hash fingerprints. That is the easiest thing to do on any chain. Total low effort scam, No reason anyone would ever buy this

>>15476634
baste

It's not over or a bad thing dumbass, hold through the alt dip like an adult

>>15478218
too busy building to do anything like that