/biz/ - Business & Finance

>>1708761
Yes, what the hell? Why? How does that even work?

WOW

RIP IN PEACE LEVERAGED SLEEPERS

>>1708761
HAHAhahAh
You
Lost
This is going to be awesome seeing how low it goes. $800? $600?

>>1708766
either way, we win

>>1708761
>>1708762
>>1708765
>>1708766

>babby's first rollercoaster

>>1708761

HAHAHAHHAHAHAHAHAHHHAHAHA

LMAO

COINERS ON SUICIDE WATCH
COINERS ON SUICIDE WATCH


#BTFO
#REKT

If you want to buy, now's the time. Shit's going to shoot back up just as quickly.

Ahahahahaha


F

I PUSH MY FINGERS INTO MY EEEEEEEYES

>>1708761
Calm down faggot.
It's already recovering.

>>1708775
They won't listen

>>1708800
no it's not
still going down

Coiner here. I hope it goes below 1k so I can buy the motherfucking DIP.

Fuck dudes it keeps declining :(

Why is bitcoin going down even?
is there an actual reason?

>>1708833
It was 7200 Yuans minutes ago.
It's already at 7700.

You guys deserve to be poor.

>lost almost $100 in an hour

RRRRRRRRREEEEEEEEEEEEEEEEEEEEEEEEEEEKKKKKKKKTTTTTTTTTTTTTT

>>1708840
Whales cashing out their gains, weak hands follow. Remember to buy the dip.

You people have nerves of jelly if you can't stand a little dip like this.

>$1150 per coin
>crashes down to $800 per coin
>BITKEKS REKT

>months later
>slowly climbs up to $1500 per coin
>crashes down to $1200 per coin
>LOL FUCKIN BUTTCOINERS

>months later
>slowly climbs up to $2000 per coin
>crashes down to $1700 per coin
>COINKEKS BTFO

>repeat indefinitely


nocoiners will always lose

>>1708849
lel
but
anon
I am weak hands
I bought pretty high and now have a 10% gains
that's fine with me

Bitcoin was pretty much at the same level as its all time high from 2013, of course something like this was about to happen.

Retards get nervous, while smart people follow the trend and know a new all time is coming up.

>>1708761
>OMFG THIS IS THE END

this is why nocoiners will always stay nocoiners

Already back at 8,000 yuan

Poorfags will never learn

Here come dat boi, weak ass bitches.

Sell now faggots

Is this one of the ways nocoiners cope guys? They can't handle any sort of slight drop or correction and grab hold of smaller loses in the day then there was gains as a way of COPING?

Nocoiners will never fucking learn will they folks.

>>1708881
Seriously, if you can't see that this was the absolute top in months. You deserve to lose money.

>>1708880
>sell low faggots

Good advice there, bucko.

>>1708897
>up 40% in a month
>"""""""""""low"""""""""""

>>1708907
>he follows the X axis instead of the trend

>>1708909
No buy back after the dump.
That's a downward trend.

>>1708881
Is a no coiner someone with literally no coin, or someone like me with a bit less than 1 coin is a no coiner?

>>1708911
>he thinks a couple of hours make a trend

>>1708915
Yes, keep holding.

>>1708920
I will, my ignorant friend.

And btw, the trend you're looking for started somewhere in September 2015, and has been going up very consistently for about 16 months now.

Thanks for the laugh though.

>>1708914
Dude, i still feel like a nocoiner @18btc

>>1708921
Honestly, what's your prediction?

>>1708928
New ATH of at least 1600, more likely 2-3k by summer or end of year.
Could go a LOT higher for instance if gold and silver bugs start learning about bitcoin.

Then at worst a correction of a few hundred (depending how high it goes), and after that another rise.

There are a large number of events coming up that will influence bitcoin (ETF acceptance, segwit, war on cash & gold, economic downturn in EU and China, etc.).
Things are looking very good for XBT to say the least.

Now is probably the very best time to get in for the long haul. Bitcoin isn't super new anymore and has gone through some shit already, but hasn't even begun to go mainstream yet, even among fellow autists or novelty-hungry traders.

If things go they way they seem to be going, right now is going to be pre-2013 bubble bitcoin times a thousand.

>>1708761
AHAHAHAHAHAHAHAHHAHAHAHHAHAHHAHAHAAHHAHAHAHHAH!!!!!!!!!!!!!!!

>>1708936
>>1708928
Also, bitcoin is going to get a lot more stable in the future as adoption increases. That means less volatility and risk, but also a lot less gains to be made.

Looking at MACD and CCI, now is the ideal time to buy.

>>1708925
Exactly, that's why I asked.
People here invested their saving into btc, or at least what would be my saving, so I'm not sure where I stand

>>1708914
You have part of a coin that makes you not a nocoiner. You have some faith in bitcoin and wish to be part of epic gains to the moon.

?

It's literally nothing

TIME TO BUY

>>1708761
at what volume?

i want to buy, fuck these fucking kike coinbase coinjar shits not verifying my accounts, fuck you

>>1708954
solid advice

>>1709015
I said "looking at MACD and CCI".

Shorting Bitcoin is always a dumb idea.

I cashed out when it hit $1000 some days ago.
Feels so good now ~~

>>1709018
only time will tell if this is a bear or bull trap anon.

>>1709014
How long ago did you try to sign up?

What is a trailing stop?
Kek, greedy faggots got REKT.

WHAT THE FUCK I BOUGHT LITERALLY 2 MINUTES BEFORE THE DROP


REEEEEEEEEEEEEEEEE MY FUCKING SAVINGS

>>1709029
>Buying at the top
Anyway don't worry it'll go back up

>>1709029
HAHAHAHAHAHAHAH
>>1709033
bagholder lmfao

>>1708880
Friendly reminder that you should've listened

>>1709029
Just hold, wait for morning trade of chinese again. Some fat whale did a massive sell off.

it's going down
im yelling timber
huhuhuhu yeee

Buy the dip

>>1709038
This.
Set us back only like two days of over-the-top boosting, it's a blip on the radar.

>>1709038
>Some fat whale did a massive sell off.
And where's your proof? Lmfao youre pulling shit out of your ass.

>>1709038
>Some fat whale did a massive sell off.
triggering a lawine

holy shit it's crashing

Bitcoin is a scam. Everyone knows that.

>>1709041
Good goyim.

>>1708761
Is USDT really backed in USD ?? where can i buy an alt coing backed in gold ?

under 900

Just lost $5k on my leveraged bitcoin. Bank account wiped out.

Goodbye

>>1709050
>Bitcoin is a scam. Everyone knows that.
anon i have been trying to warn every fucking one of the hysterical shills that what they are spouting is utter nonsense, but you just fell from the other side of the horse.

bitcoin is not so much a scam, but more of a fucking meme. in the gold rush back in the days lot's of people were burned and impoverished in the chase of gold. yet nobody called gold a scam. even tho there were plenty scams involved.

this is the same, the only one guaranteed to profit from bitcoin is the exchange. not even the miners are guaranteed to turn profit not even if they steal electricity.

AHHAHAAAHHAHAAAHHAHAAAHHAHAAAHHAHAAAHHAHAAAHHAHAAAHHAHAAAHHAHAAAHHAHAAAHHAHAAAHHAHAAAHHAHAAAHHAHAAAHHAHAAAHHAHAAAHHAHAAAHHAHAAAHHAHAAAHHAHAAAHHAHAAAHHAHAAAHHAHAAAHHAHAAAHHAHAAAHHAHAAAHHAHAAAHHAHAAAHHAHAAAHHAHAAAHHAHAAAHHAHAAAHHAHAAAHHAHAAAHHAHAAAHHAHAAAHHAHAAAHHAHAAAHHAHAAAHHAHAAAHHAHAA

it's called a correction, which was needed.

It's a correction, and it's been some time coming.

Calm down faggots.

>>1709069
>>1709068
turn off the proxy samefag

>>1709068
>>1709069
hahahahaahhahahahahah youre sounding like ETH and ETC bagholders back then.

this is absolute entertainment.

>>1709069
>>1709069
You're so delusional it hurts

>>1709062
What is guaranteeing a profit is the ability to quickly exchange BTC to USD. If you can work the exchanges or mine you can easily just turn it into fiat or physical gold.

>tfw copped the dip

>>1708858

yes yes yes
Looks like I made the right call
I sold

>>1709070
>>1709071
This is a 16-month trend, and this is not the first correction.

But hey, whatever makes you happy lol.

>>1709071

nope, sold at near top, just waiting to buy back.

>tfw bag holding eth and bitcoin since last year

feels bretty gud desu

>>1709074
it's not exactly a guarantee, it's a possibility.
but the exchange users suffer a net loss. and then you get the "hacks" where even if you stayed on top of the waves you still lose.

>>1709078
prove it

China's aggressive revaluation of the yuan caused a panic, might not be over yet

Fucking finally. Hopefully my altcoin holdings get back up again.

Here's hoping for a crash to at least $500.

>>1709083
>China's aggressive revaluation of the yuan c
Tell us more.

Retarded people with no understanding of basic economics are buying BTC right now when the Chinese control the majority of it. If the USA's growth slumps in 2017 and Chinese Yuan appreciates, then prepare for a massive dumping.

>>1709085
You're delusional if you think that's going to happen.

>>1709083
>pump
>insert irrelevant bad news
>dump

Perfect pump and dump loop that has been going on since 2013

>>1709085
kys retard

>>1708761

WRRRYHYYYYYYY

>>1708766

my buys are at $600, I think we could even hit $500 though

>>1709080
But you are implying that the fact that it's a meme doesn't mean we should try and squeeze it for profit.
Lots of things were memes throughout history and someone was always there to milk some shekels out of them. You just need to be careful and carefully evaluate the risks that you are describing.

Just buy the dip, it will go back up again

>>1709088
it's already going back up

Get ready for the pump, you panicking ninnies.

>>1708857
this contains a lot of truth. over the short term, it is a price BTFOing, but over the long term it is just natural ups and downs.

those who bought wanting it to climb so they could sell and make a few $100's in a few days might have taken a hit, but just don't sell at a loss if you don't have to. keep it till 2018 and gains will be made.

>>1709089
You're going to be eating your words.

>19 posts by this ID

coiners are truly on suicide watch

This movement literally proves that BTC is a scam/gambling.

>>1709096
>it's already going back up
>Going back up with Yuan strengthening
How does economics work, durr

>>1709092
It's already rebounding. Literally only fell to the price coin was 6 days ago.

Fucking no coiners, can't ever deal with dips.

> Fell 20%.
> Puts it back where it was last week.
> Already recovered 40% of fall.
> Currently just under 1000

The only issue here is i missed the dip.
FUCK

>>1709102
It proves that there's still volatility, which is exactly what you'd expect from something with this kind of market cap.

It means great potential for gains, and for loss too.

Price is recovering, I'm literally watching my CFD account equity shoot up in real time

Calm your tits, fellow coiners

Let this be a lesson, nocoiners and panickers.

I'm not a holder of any coin but this seems healthy to me? A little minus -10/15% looks organic. I'd be happy with this becouse why not buy more?

Sadly I'm a poor student...

>>1709104
The only people who don't have coins are retards who don't understand markets and sperg out whenever a dip happens like its 2008

Should I buy more to lower my average btc paid price, and thus reduce my losses in the future?

>>1709112
It is healthy.

A lot of people on here are just too ADD to think beyond five minutes in the future or past.

>>1709086
its on the news services sector on china are heating up. We need to be sure this is valid news comparing it to the other sectors and checking the size of that compared to the whole gdp.

>>1708761
Fuck you mexico!!

>>1709115
Link? Nothing on google I can find yet.

>>1708849
Mexico fed trying to stabilize the peso

>>1709118
http://www.cnbc.com/2017/01/04/china-services-sector-activity-rises-to-17-month-high-in-december-caixin-pmi.html

>>1709122
xie xie

Confirmed: BANXICO IS INTERVENING IN THE MARKET, CENTRAL BANK GARCIA SAYS

http://www.zerohedge.com/news/2017-01-05/bitcoin-battered-mexican-peso-surges-amid-speculation-intervention

>>1709126
>BANXICO
link dude.

coinbase is down?

China's bank is also intervening

AHAHAHA PRICE GOING DOWN AGAIN

COINFAGS ON SUICIDEWATCH

>>1709128
FUCKING MEXICO!

>>1709131
its always fucking down.
esp when there is movement in the market
i think people sit with the graph open and hit refresh.

site was made by monkeys

If India's bank gets involved it'll be a bloodbath

Can somebody please explain what China and Mexico have to do with this?

Please use simple words and setences

i just became a coiner and i already lost 3 usd

>>1709139
Nothing

>>1709139
China owns the majority of BTC. If China's currency strengthens, then other currencies are less desired and Chinese start dumping.

>>1709139
coinfags btfo

>>1709139
Afaik Mexico is artificially intervening in its failing currency, which will lead to bad things for bitcoin in the short term, but good things in the long term since that kind of manipulation reduces trust in national currencies.

These are extremely rare occurrences that really do a number on markets, and it's exactly the kind of thing bitcoin holders should be looking out for due to the young age and high volatility.
Ironically, this type of government intervention is also EXACTLY the kind of thing bitcoin can eventually help combat.

Wonder how many will not buy the dip this time.

why is monero not dropping like bitcoin?

>>1709152
It rhymes with sombrero, so the Mexican govt. leaves it be.

wow its fucking nothing

>>1709152
if the monero/btc rate is constant... it is droping just like bitcoin

hopefully bitcoin completely collapses and we can purge the bitshitters from the board once and for all

>>1709139
China and Mexico's (and India)currency began to plummet so people there bought bitcoins to protect themselves(why BC went up)-now the banks are taking action reversing the trend so people are selling BC and buying the peso and yuan

>>1708762
The same exact way as the price rose unsustainably for no reason

>>1709149
I am too lazy to post an ancap ball cartoon but it would be the appropriate response to this post

>>1709158
It didn't collapse in late 2013, it's certainly not collapsing now.

Imagine if coinbase, kraken, and EVERY SINGLE BITCOIN EXCHANGE IN EXISTENCE were to suddenly get hacked.
Add to that government intervention by China (which is this current Mexican intervention times 1000), and you'd get some idea of what happened in late 2013.

>>1709158
This board was only created because of bitcoin, go discuss finance at reddit.

are we /dead cat bounce/ now boys?

>>1709163
Post it anyway.

>>1709149
>>1709159

So, if a nations currency/economy drops they try to protect themselves by buying lets say BTC. But when their national currency/economy grows stronger they dump the BTC?

>>1708761
What is dollar cost averaging?

Going down again.

This is bad.

>>1709171
Sort of.

It's a very short-term solution, since the reason for the currency drop is only superficially patched up by artificial govt. manipulation.

coinfags will not recover from this

>>1709174
>>1709180
Enjoy it while it lasts. This is a hiccup that couldn't be predicted.

>>1709180
Short termers will cash out and take the loss. Long termerd will buy the dip and cash out in a few months/years to come.

>>1709178
What do you mean by manipulation?

>>1709184
DEAD CAT BOUNCE

>>1709180

If it hits less than one dollar I'm buying the fuck out of it and I dont even care

>>1709187
The Mexican central bank artificially inflated its dropping currency, as far as I can tell for now.

>>1709189
seems likely at this point

shitcoin is on its last legs

>>1709189

>>1709171
Yes same with gold

Below 900

>>1709193
Ahhh, like when people did panic when Donald Trump became president. Thanks, very interesting.

HOLY SHIT. I LOST FIVE MILLION DOLLARS ON A FAILED LONG. I LOST EVERYTHING

>>1709199
Nuke mexico

>>1709199
proof or never happened

China appears to be fucking with its currency too.

https://www.bloomberg.com/news/articles/2017-01-05/bears-scramble-for-yuan-as-china-chokes-flows-supports-currency?cmpid=socialflow-twitter-business&utm_content=business&utm_campaign=socialflow-organic&utm_source=twitter&utm_medium=social

This kind of smoke and mirrors won't last.

>>1709199
Screenshot or it didnt happen

>>1709199

These dicks aint gonna suck themselves

I put my fucking savings into bitcoin today

>buying a limited currency in a deflating market that can be easily dominated by a couple big players

There's a reason why nations got rid of gold-backed cash and instead switched to Fiat Money in the early 20th century

Enjoy being bitches. The bank always wins.

just opened a bottle of wine and enjoying the show

>>1709202
they are revaluating the economy now. bad time for bitcoin i think. but we must see through this small disruption. if its only mexico we are fine. but if it goes through falling over night it means china must be helping this crash.

coinfags, now y'all are broke you can have a job sucking my dick for 1$ an hour

>>1709205

All 12 dollars ?

>>1709202
>>1709211
>“We know the capital controls aren’t working because that’s why they’re having to raise the overnight deposit rate so aggressively by the PBOC, which is still basically the guiding hand in the offshore yuan market,” said Michael Every, head of financial markets research at Rabobank Group in Hong Kong. “It’s an incredibly aggressive tactic.”

In other words: China being retarded and ham-fisted as always. Hollow noise, stay cool.

>>1709205
Welcome to /biz/

>>1709214
where are my kneepads

>>1709205

What price did you buy at anon, and how many coins?

YOU BUY COIN NOW!

Huobi is in mid 6000's, yet bitcoinwisdom says its 7685

I'm not glad about this

>>1709196
Back up to 960

>>1709216
>>1709202
>High short-term funding costs, which will continue to trend higher, could dissuade significant short yuan positions from being added in the near term, Societe Generale strategists led by Jason Daw wrote in a note Thursday.

Exactly like I said.

>>1709228
Stay cool or panic?

>>1709228
Yes yes, you're right.
Let's go down another 10%

>Not investing in China
>Not holding Yuan when the West is collapsing
China always wins

>>1709232
Keep an eye out in the short term, but things should look up in the long term.

>>1709240
Should I buy the dip to reduce losses?

Huobi at 6370 already.
It's worse than it seemed

>>1709233
I'd say it takes up to 120 minutes for the bigger drop to come

Mexico AND China fucking with their currencies at the same time, this is like seeing a unicorn blowing an honest jew (I'm kidding, mensch).

>>1709228
>36 posts
>shilling memecoins for the last 5 hours

holy fuck you guys are dedicated

>>1709240
is there another drop coming?

>>1709246
My (((coincidence))) detector is going wild right now

>nocoiners missed a great dip YET AGAIN because they were too busy celebrating the "crash" on a chinese cartoon board

forever poor

>>1709246
If India clears their throat BC is fucked

>>1709254
>missed a dip

No, we're still fully in the dip

>>1709248
I'm pretty worked up about what's happening.

This is a major road test for bitcoin, and it's showing tremendous resilience.

Two major governments both manipulate their currencies AT THE SAME MOMENT (including the most significant country for bitcoin), and all that happened was a few days of incredible gains were reversed.

>>1709249
>>1709241
Stay frosty, shit is tender right now.
I'd say this could be the last good dip, but don't bet anything you're not willing to lose entirely.

>>1709257
So that's something to keep an eye on, isn't it?

>>1709254
>missed a dip
Sure boy, the real dip is next week

>>1708849
I'm just pissed I don't have enough in my USD account to buy too much during the dip because I spent it all when it was in the $600s. If it hits that range again, at least I can stock up on a little bit more.

>>1709254
Still falling breh.

Guys, what's the perfect time to buy ETH? I'm willing to get rich on the long run. Grabbing my hammer right now, sayōnara piggy bank...

>>1708857
https://www.youtube.com/watch?v=XbZ8zDpX2Mg

when will you dumb nocoiners learn to stop investing in ponzi pyramid schemes

Oh god.
Saved for 4 years, put 80% of that money in at $970 a coin, and quit my job. Had enough to live off for 5 years. Literally have to work by next month

just waiting next great crash about 1btc= 200-300 usd range.
and will definitely buy some of them

AND IIIIIIII'M FREEEEEEEEEEEEEEEEEEEEEEEEE

FREEEEEEEEEEEEEEE FALLIIIIIIIIIN

YEAH I'M FREEEEEE EEEEEE EEEEEEEEEEEEEEEE

FREEEEEEEEE FALLLIIIIIIINNNNNN

FREEEEEE FAAAALLIN I AM FREEEEEE FAAAAALLIN I AM

>>1709264
At around 7$ - 7.5$ a coin

>>1709271
The chinese thank you

>>1709267
he speaks like a retard but he's right

nothing else crashes repeatedly like shitcoin

Bought yesterday at 1100,was laughing when it got to 1175 when I went to bed. Oh well

>>1709260
India seems committed to retardation though

>>1709282
> all time high
> it's great idea to buy some
what retard.

>>1708761
>mfw I was going to buy more yesterday but then decided to wait one more day because I was too lazy to do all the steps needed to transfer the money
looks like NEETdom truly is the path of the enlightened

>>1709284
Just like China.

That's the thing with retards: you never know what they're gonna do next, except that it's gonna be something retarded.
Now that's predictability you can take to the bank.

>>1709227
>Back up to 960
>Back
hahahahahahahah are you fucking retaded?

>>1709292
Is this how coiners cope?

>>1709295
Facing the facts is a coping strategy, sure.

>>1709304
Mental gymnastics while you lose money is coping, yes.

>>1709306
What mental gymnastics?

>>1709294
Was under 900

>>1709311
>I'm pretty worked up about what's happening.

>This is a major road test for bitcoin, and it's showing tremendous resilience.

>Two major governments both manipulate their currencies AT THE SAME MOMENT (including the most significant country for bitcoin), and all that happened was a few days of incredible gains were reversed.

>>1709315
Tell me what part of that isn't factually true at this point.

>>1709288
>buy more yesterday
why ?
what logic is that? you know it will definitely crash, so wait not wait for a dip?

Is this the proof that BTC is fragile, since it has no ceiling nor a floor.

>>1709312
It was over 1100

>>1709325
>>1709294
Math is hard, isn't it?

>>1709316
> it's showing tremendous resilience.

Also, proof of goverments involved?

>>1709321
It's proof that BTC is volatile.

Also ironic that the very thing that hurt bitcoin today (i.e. govt. intervention), is the very thing bitcoin could eventually protect against.

I just want it to crash so i can get back into the game

>>1708761
can't say we all didn't expect it, when something goes up 50% in a month somethings gotta happen.

>>1709329
lmfao http://coinmarketcap.com/currencies/bitcoin/

>>1709338
It's a completely different reason for crashing though, nobody saw that coming

>>1709330
It's not showing tremendous resilience?

We're back at New Year's eve levels, despite this massive government intervention.

>Also, proof of goverments involved?
Mexico:
http://elb-tnews-ws-672510455.us-east-1.elb.amazonaws.com/ultimas-noticias/banxico-apoya-al-peso-con-venta-de-dolares/

China:
https://www.bloomberg.com/news/articles/2017-01-05/bears-scramble-for-yuan-as-china-chokes-flows-supports-currency?cmpid=socialflow-twitter-business&utm_content=business&utm_campaign=socialflow-organic&utm_source=twitter&utm_medium=social

Next time read the thread before asking to be spoonfed.

>>1709333
Look, it's always the same with bitcoin, i've been following from 2013.

It's just a pump and dump get rich quick scheem. You can profit from it.

But it's always the same story. Price rises tremendously, (the pump) some irrelevant shit "news" comes out. And this is considered major.

It always happens at the very top. And then comes the massive dump.

Same story, every time. Prove me wrong

>>1709288

88 Dubs confirm! I had the same thing,

>Sold my 6 coins a couple of days ago for $1021 ea
>Went to sign up on coinbase because the last exchange I used charged me too much in fees
>Put number in, won't send me a confirmation sms no matter how often I try
>Go ah fuck it
>Come home, this thread, the joy

Gonna see how far the knife falls, then get on the ride again. 2k by the end of this year is a go go.

>>1709345

Does this start the downtrend?

>mfw

https://www.youtube.com/watch?v=1k6fbLzMBKc

>>1709345
Except Bitcoin has been on a 16-month uptrend.

For something with this kind of volatility, that's more than impressive.

Now let's see if this massive govt. intervention manages to make more than a brief dent.

>>1709352
I hope so, I want to get in on this train at a reasonable point for the long term

>>1709352
Look at the charts, if there is a dump and no buy back, it will most of the time go down more.

Same for up, if it pumps and there's no sell off it will most like rise again later.

>>1708761
not worried, I thought if it would crash it would go to $700. (Knock on wood)

>>1709362
Do I get on the train now or wait ?

I'm not a nocoiner

>>1708761
>>>1709038
>>Some fat whale did a massive sell off.
>And where's your proof? Lmfao youre pulling shit out of your ass.
Transactions are public, dumb nocoiner

>>1709318
I am accumulating a low marketcap altcoin. I wouldn't have held onto the btc I was going to buy

>>1709350
Sometimes coinbase is buggy as fuck. Once it didn't let me log-in for 2 weeks and fucking support literally stopped answering me after 2 replies

>>1709315
All of that is true, once the Yuan (never mind the Peso) starts going down again (ie tomorrow) BTC will go up and up again.

>>1709357
Sure, but it came from a 16 month downtrend

>>1709337
Just buy back in, trade alts to get back to your earlier position.

t. panicked and lost 1 BTC feelbadman

>>1709381
Yuan will never depreciate under a Trump mismanaged administration. 2017 will be a bad year to buy BTC with China's economy improving and USA's languishing.

>>1709381
Time will tell

>>1709367
It could bounce massively within 24 hours, buy back in as soon as the price seems ok

>>1709388
>he believes this
All Trump needs to do is say something like "I'm going to make it so the USA will trade less with China" and their economy will take a free fall

China needs the US, not the other way round

>>1708761
>Trump President
>USA losing
>China winning

Good luck with that

>>1709374

Shit just worked out today, almost got swept up & spat out in the tulip mania stage.

>>1709367

Wait, the volume is fucked, it's going to tank even harder, the volume on sell orders is only going up, it's like 20k plus atm.

>>1709372
How much are we talking here? I'm curious how many BTC it takes to impact the exchange rate.

>>1709384
Which again undermines your claim that bitcoin is all "pump and dump".

It's neither "pump" nor "dump" when it takes 16 months to rise or drop.

>>1709388
Lowering the corporate tax to 15% will provide a massive boost to the American economy.

>>1709393
The world needs China.

>>1709393

Exactly. All Trump has to do is slap a tariff down, buddy up with Russia (which seems likely), and the only real threat to the USD (The BRIC nations pushing the IMF for SDR) gets rekt.

It will take Brazil, Russia, India and China together to beat the US in a trade / currency war, US just gonna do their business as usual and drive a wedge in there and watch the deal go to shit.

>>1709398
He's wrong

>>1709399
Nocoiners are mostly teenagers who are only on /biz/ to baitpost. They have no understanding of markets so deploy terminology they don't understand like "pump and dump" in order to pretend to be in the knowledge and get replies. Ignore them.

>>1709393
>All Trump needs to do is say something like "I'm going to make it so the USA will trade less with China" and their economy will take a free fall
>Believing the orange man's bluster.
China is immune to USA now. They have a stronger and bigger economy by PPP. There's going to be another massive BTC drop when the Chinese starts dumping again under Trump's retardation.

>>1709410
They're on very thin ice, hence today's massive bluff.

>>1709410
lol, all this butthurt bias will do is cost you money. Might want to fix your liberal asspain and look at the facts, jimbo

>>1709399
>>1709410
60% rise in a month. To 20% drop in a day.
How the fuck is this not pump and dump?

Still i'm pro bitcoin though, else i wouldn't be here

>>1709419
Because today has nothing to do with pump&dump, and everything with failing currencies (peso & yuan) squirming against the dollar, leading to butthurt government intervention.

>he didn't put a short order before going to sleep
lmaoooo

>>1709388
Literally the only person in the world who thinks trumps deregulation is going to hurt the American economy. Will trash the environment, not the monies

>>1709423
Yes ofcourse

Bros, nocoiner here.

Where do you buy BTC? It's 950$ now but I can only find 1040$ and so from direct dealers. Where do I look?

What's good goy in chinese?

>>1709435
Coinbase

>>1709442
and buy monero?

>>1709450
U exchange btc for monero. I think shapeshift

>>1709410
Their economy strongly depends on the American consumer. If our economy tanks so will theirs.

Will it drop again? Or is it constantly rising now?

Do I buy now or wait for an hour?

>>1709436
Ni shi hao you

>>1708761
Chinese economy is basically a leveraged bet on the USA economy.

>>1709460
Why the fuck do you think we would know

>>1709466
>>1709442
Fuck me, bros. My country is not supported by Coinbase. Wat do?

>>1709457
>>1709429
>>1709415
>All these dumb laowais

Bought a small amount on this dip to start my position for 2017, expecting 1500 by EOY. Going to be watching very closely next week to see if we reverse this, then I'll either be buying a lot more or waiting.

>>1709472

Do you think I give a fuck about you? Google it yourself moron.

fuck coinbase
>buy 250$ to increase your limit
*buy 250"
>244$ left to increase your limit
*wait a week and buy 250 again*
>wait 30 days for your limit to increase
REEEEEEEEEEEEE

PRICE GOING UP

BUY BUY BUY

Just sold all my 155 BTC and will never look back, get off the ship brahs the ride is over

Been here since 2013, made ~450k in total earnings, but it's very clear now that it won't get any better than this

New adopters have to learn that they just came to late to the party

Get off now or lose

BUY THE DIP

>>1709435
Go find a page where BTC sellers are ranked.
We dutchies have this one

https://www.bitcoinsvergelijken.nl

>>1709510

>>1709510
Screencapped for later use.

>>1709513
Bedankt kerel, ben nieuw op de markt dus dit komt goed van pas. Nog meer tips?

>>1709501

Dead cat bounce.

>>1709526
>>1709513
Goed bezig jongens

>>1709513
>955,40e laagste prijs!

gdax.com heeft ze voor ~936e staan, kutindex zo te zien

Lmao fucking coiners and their shit coins will never learn

>>1708761
in one month everyone is going to be saying, "Damn remember that $200 dip? I really wish I bought more then :' ( "

>>1709515
>>1709520
Stop clinging

You came too late.

>>1709510
heh, nice try kid...
nothing personnel but i just sold my 156 bitgoys, ant you better beleive i will NEVER look black.
gonna take $451,000K USD dollars to the federal bank to cash in for a new ferrati (the red one).
never speak to me again or i will hire my lawyers to sue you into the okayman eyelands.

>>1709526
Ik heb alleen nog maar bij bitonic.nl gekocht, erg betrouwbaar en een scherpe prijs. Dus ik zie geen reden het ergens anders te proberen.
Welke portemonnee gebruik je? Ik bitcoin core dus heb verder ook niks met een derde partij te maken

>>1708761

Coiners tears are delicious.

Time to buy is NOW, not in the middle of a bubble.

>>1709534
More like:

Why didn't i sell during the all time high?! :-(

>>1709542
Ik stuur gewoon SEPA naar kraken, 2 dagen wachten en dan betaal je geen fees

/biz/ No.1 rule: DON'T GET FUCKING GREEDY

SELL NOW

>>1709552
Gemak is ook wat waard.
Bij bitonic of een vergelijkbare verkoper betaal je met ideal en heb je ze na 5 minuten. Niks geen account ergens waar je van afhankelijk bent van een of ander platform of wachten op je muntjes.

Belachelijk trouwens hoe de NOS bericht over btc, de laatste maanden is er een gigantische stijging geweest maar ze krijgen het voor elkaar de focus op de dip van vandaag te leggen

http://nos.nl/artikel/2151585-bitcoin-keldert-in-een-paar-uur-ruim-20-procent-in-waarde.html

>>1709542

Heb momenteel alleen een coinbase wallet, maar daar ga ik vanmiddag wat aan doen, dan maak ik een hardware vault

>>1709567
Les #1, vermijd de grote media

>>1709576
Ik vind de NOS toch echt wel een van de weinig betere media. Sowieso is er geen slechte reclame dus het is leuk dat ze er weer een artikel over hebben

>>1709590
NOS is staatspropaganda, niet gek dat ze negatief zijn over BTC

>>1709510
Two governments did some dumb shit that is sure to bit them in the ass in the long run, but suddenly it's all over?

NEDERCOINERS HERENIG U

sold at the top

>>1709624
kys

>>1709618
Hallo ik ben hier.

yassin

relax about the bitcoin, chinks are buying back up so it should recover quite easily

guys Ive been in this shit since 2012, its gonna go straight up to 1400-1500 next. this is equivelant to the 2013 rise to 800 and dump to 600 before it continued.

>>1709645
stay deluded, cointard

>mfw put all my bitcoins to dogecoin
>price is stable relative to USD and gained bitcoins

I haven't bought any bitcoins before, i almost bought yesterday but i'm happy i didnt. Now the price is about 1k USD a piece, should i buy 10 now or wait till it drops again? Looking at the last months trends it's very high now, and i feel 750 is the median price the last three months.

Also if i buy now, will i get it for the current price or what the price is in three days?

And what is the best wallet to use?

>>1709236
I agree that China had a good year, but when Trump puts a toll barrier on them, wont the Yen drop?

>>1709404
LOL no MNCs that want a larger amount of profit per product manufactured need china

Scratch that they're in Bangladesh now mainland china wages too high :(

>>1709674
>yen

>>1709550
In 2013?

BUY THE DIP

When India removed it's highest bill, did it increast BTC price? Venezuela is about to do the same, remove a bill which is 70% of their paper money, this to remove black money etc.

Do the Chinese have TWO currencies? Slippery fucks

Also lol @ these fags talking about how there are big playas that will fuck over /biz/nigs

No fucking shit the games rigged come up with an instrument that ISNT manipulated by richfags to make money on the daily

>>1709704
>Do the Chinese have TWO currencies?
?

>>1709706
RMB and CNY

rmb can't be traded by laowai

just bought some bitcoin and eth
that was the dip r-right?

>>1708835
>This
>This so much

This is the start of a downtrend

I'm gonna go balls deep in this next week.

i heard its recovering
rr rr right guys?

>>1709709
RMB is just a different name for CNY retard

>>1709668
>I have no idea what I'm doing or how to do it, I should ask this anonymous community of unhelpful idiots who enjoy seeing people fail what to do with this 10k.

>>1709723
Idk why they use CNY calling code, yuan just means "dollar" in Chinese basically. It's referred to as renminbi (the currency) by Chinese afaik

>>1709734
this
>>1709668
listen you rookie 4chan isn't a rookie friendly place, its all memes and no help

>>1709410
>China is immune to USA

Pfffft no. Their entire economy is based on selling us cheap garbage. They need us but we don't need them. Sure if we ceased trade it would fuck us up good until new supply chains can be established but they'd get blown back to the stone age.

>>1709734
I'm just analyzing and wouldn't invest before i'm sure.

>>1709782

Buy a little here, then wait till next week for confirmation of bear/bull trend

>>1708840
Bitcoin takes a dive whenever Chinese Yuan increases against the US Dollar.

>>1709501
Still so far to fall!

Aaaaand here's what those darn Mexicans have been up to, see pic.

And as I predicted their little ham-fisted currency manipulation did absolutely nothing but cause a blip on the radar, and their little peso is once again shitting the bed versus the dollar.

Not a single doubt that the same shit is going to happen to the Yuan.

HELLO FELLOW COINERS!

DID YOU COPE WELL TODAY?

COPE COPE COPE

Hey, bros, Kraken offers 966$ for 1 BTC and Coinbase asks me for 974$. What gives?

Any hidden comissions I should know about?

>>1708761
>Any hidden comissions I should know about?

Could be commissions but each exchange has its own Market, so it's normal to have variations in price like that.

As people trade between them while the gap is profitable, it eventually gets stable.

>>1710220
shitters

>>1708840
Mr. /x/ told you and you didn't listen.

>>1685847