/biz/ - Business & Finance

No reason. Clown market

no underlying, it pumps for no reason and dumps for no reason

>>22684541

Bobo.

You fuckers know that you can just take a break from crypto, right?

Did this bitch's death trigger all these red dildos or was it going to happen today no matter what?

Bitcoin took a shit

>>22684541
https://www.youtube.com/watch?v=y28Diszaoo4

>>22684541
The whales exchanged everything they owned, from BTC to YFI, for OXT. That's why OXT has pumped so hard. They'll exchange it back by tomorrow so that OXT dumps 58% and they can buy back into $9600 BTC.

>>22684541
It’s Monday, anon

https://www.youtube.com/watch?v=KV5QlSgq7lg

Token not needed
for everything

Just sell everything for btc and you will be okay

>>22684541
repo market squeeze it is about to get fugly. No place to hide. Not stocks, not bonds, not fiat, not property, not crypto. Guns and ammo. Stagflation here we come

>>22684609
>Did this bitch's death trigger all these red dildos
it's the "FinCEN Files" scandal happening to banks worldwide atm

>>22684762
this

>>22684762
this is bullish for XRP

>>22684541
September is always the worst crypto month. Who knows why but it is.

>BTC follows stock market
>Rest of crypto follows BTC

Its all so tiring

>>22684878
>xrp is the bankers coin
>xrp profits from banks getting rectally raped
True shizo posting

>>22684927
More like
>stock market dips a little bit
>BTC follows the stock market and dips even more
>ETH follows BTC and dips even more
>most alts dollar values are calculated against ETH so they lose value when ETH loses value AND also dump against ETH

>>22684589
>pandemic
>riots
>cities burning to the ground
>FED on full damage control doing everything to stop the collapse of a century old scam
>"no reason"
or maybe youre just a delusional bulltard?

I'm literally a huge faggot, I never sell anything, I never realize any potential PNL profits. I always get fucked in the ass with a porcupine. Miss out on everything.

>>22685058
Same.

>>22685284

we got this fren I believe in both of us. The good times will come yet.

I tried so hard
And got so far
But in the end
It doesn't even matter

>>22684929
true xrp schizo sees all news as bullish

>>22685058
>>22685284
Good morning fellow huge faggots. Let's not be clowns next time.

>>22685058
this is also my problem...whenever I am profiting I'm like 'wow this is awesome it's only gonna go even higher I'd be a fool to sell now' and then it dumps beyond all measure

>>22684762
Ah yes, just like how the Panama papers were gonna shake shit up and put all the corrupted banksters, ceos and others in jail.
Face it, they'll walk, with a fat bailout for their work while you, me, everyone else pays the bill

>>22684762
>banks allow criminals and billionaires to do whatever they want, no matter what laws are broken
>anon tries to transfer 5k to a crypto exchange, gets flagged and locked down

i dont know i will play battlefield and listen to the new cumtown ep

>>22684541
on sale September

Because new research shows that 1,500 BTC get lost everyday. In 40 years, more than 90% of bitcoins will forever be out of circulation.

>>22684896
get ready for october idiot, it will be worse. Mt Gox will sell 152k Btc in october.

>>22687349
that doesnt mean what you think it means tard

>>22687377
I thought they closed down since the robbery

>>22685058
>invest 10k€ in coins
>great gains, portfolio worth 16k€ after a few weeks
>never sell
>portfolio now worth 9k€ and dropping every day

I'm not cut out for this shit.

>>22684541
Because you haven't sold, yet.

Fear and panic as the election draws closer, combined with corona and banking scandals.
It was apparent that there would be a plunge as for the first time since post-march fall, the short/long ratios crossed into short majority yesterday evening

>>22685392
This!

>>22684541
if you dont know sell rosh hashana, buy yom kippur no one can help you

>>22687975
Where do you find this info?

>>22688227
binance futures, trade information tab.
It shows the ratios of all the different contracts.

>>22684541
Because the dollar pumped....you're supposed to be looking at DXY

It's simple, what goes up must come down.

Jesus fkn christ even silver is freefalling through support.. all my miner call options, my leveraged instruments FUCK FUCK

GIVE ME ROPE HOW CAN YOU BUY THE TOP ON ABSOLUTELY EVERYTHING GODDDAMN

>>22685058
I converted half of my shit to tether last night kek

>>22684927
Yes they are all private assets as opposed to public (government)

>>22684541

Because of a dead jew.

>>22687314
This. The reason I dumped my shit was because I know that there's gonna be a crash in mid October. If anybody is interested:
>Crash October
>Fed bails everybody out again
>USA turmoil November regardless of winner. If Trump wins cities burn (this is the most likely scenario) or if Biden wins he dies within a year of taking office and Kamala takes the reins.
>Successful vaccine announced March
>Widely distributed in western world by June-July
>A crypto bullrun that dwarfs 2018 commences due to the inflation of various world currencies.
I think the XRP schizos might actually be right, but don't buy it yet. Other cryptocurrencies will also have value but I think XRP will probably be the main currency for transactions.

These are my predictions. Take them as you will.

>>22684762
that is the excuse that is probably going to be given. But each time its just a small fraction of people profiting by dumping the market. Lockdowns will probably be blamed too just like in spring

>>22688829
If the US were to collapse into civil war, what would it mean for crypto?

>>22688829
Forgot to mention that the crash in October will be caused by surges in Covid-19. We got too cocky opening up schools and restaurants. Combine that with lower rates of vitamin D in the population due to less sunlight. It'll be carnage. Swaths of people in their 50s+ will be dead and unhealthy people in their 20s-40s will be left with permanent cardiovascular and/or neurological damage.

>>22686922
>>22686922
this is why you do all your illegal activity with a bank

>>22688929
I think a full-scale civil war is super unlikely. I wouldn't be surprised if there are skirmishes between right wing and left wing militias. If a civil war does happen and the military doesn't get involved (or defects) it will be a bloodbath for Democrats/leftists. In the scenario the the military breaks up,
I imagine that a large chunk of the military is going to be on the side of the right-wing. USA would turn into a much more socially conservative and authoritarian state (but very lax on economics). It wouldn't be /pol/'s dream ethnostate, but it'll be a lot closer to it than the USA is now. To answer your question, this would probably be great for cryptocurrency. The USD would be devalued significantly by a civil war, which means the smart money of the USA would immediately try to find any stores of value they can. Cryptocurrency would be an effective one because it's harder to steal than something like precious metals.

>>22689001
I don't really buy that. I know tons of people that have/had it and none of them were in bad shape. I'm not sure what I should do with my UNI money. I know I want to invest it but I'm not sure when will be the right time

>>22689304
short btc

>>22684541
Your ID is green. Happy days.
I'm gonna kill myself now.

>>22689304
Most people don't have permanent effects but a non-insignificant number of people do. Sorry, I didn't intend to make it sound like this would happen to most people, but re-reading that post I can see how it could be interpreted that way. Most people that catch covid will be fine, but a percent (probably in single digits for unhealthy people, lower for healthy) have permanent damage and that absolutely cannot be understated. It would be so much better if they just died. Being permanently disabled means they'll leech on the system until they die. Once it is realized that these "lingering" effects don't go away, shit will hit the fan. Covid-19 also might effect fertility in men.

>>22689620
I've been sick/having stomach problems since mid February. I'm not sure if I ever had corona or not. I think it may be due to anxiety/stress

>>22684596
what is Bobo????????????

>>22686486
i also do this.

It's stocks too

>>22689686
It's probably stress. Sorry to hear about that bro. I don't mean to fearmonger or anything. Honestly, I'm looking forward to the turmoil. I want to see our great society be tested. It's been a while since we've cut the wheat from the chaff and had hard times.

>>22684541
RGB died, the soul sucking demon that kept her alive has decided to suck out everyone else's portfolio

>>22690095
Fuck that hag, I hope she's rotting in hell

>>22684541
Probably some kind of manipulation bitcoin options on the derivatives markets expire this week or something along those lines.

>>22684541
Juice are cashing out

>>22689983

It's /biz/'s nickname for a Bear, a seller in the market or someone who aims to profit from a downtrend.

>>22688829
>>22689001
>>22689001
This is what its like to be schizophrenic but also low IQ

DOW down 800 points

>>22690267
>explaining shit newfags

>>22690026
It's not fun. I had an EGD done and the doctor said I had esophagitis from acid reflux. I've been on medicine for like 4 months in total now and it's gotten better but still causes occasional problems

>>22684733
checked and kek'd. time to price this in

>>22684541
I see a line of dildos they're all painted red
Shilled shitcoins by Pajeet just wishing I was dead
I see the girls /biz/ posts but I know they're all men
Oh fuck I've sold the low and bought the high again

>>22688829
>no digits
Sorry, not happening that way. Here’s what going to happen. The stock market will flash crash in October taking BTC and the rest with it. It bleeds through November through the chaos of another Trump victory. things will pick back up in December, after he announced a plan for the chaos, but nothing happens until after the inauguration. February will begin the golden bull.

>>22691023
I'm fine with that outcome. All I know for sure is that the golden bullrun will happen after a crash and that crash is coming soon. An early rebound would be nice. I plan on buying back in around November/December.

>>22690383
>Calling me low IQ while double replying to my post
Oof, that's gonna be a yikes from me, sweaty. Are you mad because you're bleeding and I predicted the market?

>>22684609
Not that much but yes bc of political uncertainty. Scapegoat imo
>>22684762
scapegoat but enough to make the markets shit themselves
>>22688829
Probably

Also
>Kung flu round 2 and UK's possibility of another national lockdown (fuck me sideways) had the FTSE shit the bed today. Added to that my pea-sized brain tells me that Friday was expiry date for options etc and we're probably seeing the aftermath of it.
The flu is probably the most influential cause as all markets are down (stocks, pms, commodities, crypto)

>>22684733
/thread

Boomer markets crashing and bringing crypto down with it. Fucking boomers ruin everything.

>>22685058
>>22685605
>>22686486
I'm doing this shit but I'm probably stay retarded and will hold every fucking time

>>22685022
Then explain why the S&P hit ATHs in the middle of all that? Fucking nigger.

>>22690827
10/10, 11/10 if OC.

Clown market. Crypto is still just a sham.

>>22691506
>fed literally printing money to buy shares
>hurr durr why da sh anh peh go up durr

>>22691800
Kys

>>22685022
What do any of that have to do with crypto though

>>22686922
>it's the "FinCEN Files" scandal happening to banks worldwide atm
checked
>>22684762
what's happening exactly?

Anyone having eye problems recently?

Even though job and go home to screens before this, seems like my eye sight is rapidly depreciating. Also my one eye is blurry idk from stress or something else

>>22690383
>This is what its like to be schizophrenic but also low IQ
why not present a counterargument?

>>22690383
based

>>22684541
it's only a matter of time

>>22690456
Stop eating like shit and take probiotics. Those jew doctors will just try to make a profit off you by selling pills.

>>22691711
Checked and yes, it was some OC thanks bro!

>>22691386
Good plan, same here fren

>>22689135
Add PM to that mix as well. Yea, my stack is dumping with everything else. Just making a better buying opportunity thsi weekend is all. And if you're stacking silver/gold, add brass to the mix as well. Lots of it.

>>22684541
HEX isn't

>>22692087
seething brainlet

Alright I'm going to give the plain answer because idiots in this thread couldn't figure this simple shit out.

Crypto dipped today because the Dollar (DXY) went up massively today. Crypto is an asset that is invested against the dollar so when the USD increases crypto usually falls. And DXY rose sharply because of new virus cases in Europe which caused their currency to plummet against the USD.

I'm going to /thread myself. bye retards

>>22693025
hex is always the opposite