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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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2672621 No.2672621 [Reply] [Original]

hey guys, itcha boy cryptocat here coming at you with some sad news.

i have warned you about this yesterday in my AMA thread, but ETH is going to go into a coma.

i know a few whales (we're talking about several million dollars in holdings) that have been cashing out for the past few weeks.

take my advice and sell off your ETH. everyone's about to panic here. buy at the bottom and you can maybe 2x-1.5x your ETH holdings by the end of it all.

in the meantime, please join me in the ETH burying ritual:
1. open cryptowat.ch
2. turn on The Doors - The End
3. grab your favorite beverage from the fridge
4. enjoy

love,
cryptocat

>> No.2672641
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2672641

>>2672621

What do you think is gonna happen with ethereum tokens after ethereum collapses in the next few days? Also whats gonna happen with general altcoins?

>> No.2672663

Why is Ethereum suddenly collapsing?
There's 10+ threads about this. I'm not sure if this is organised FUD or /biz/ actually knows something.

>> No.2672665

Don't forget to sell your eth first. And maybe microwave some popcorn. Don't salt it though, the salty tears of the hodlers will be all you need.

>> No.2672666

Fud from a btc shill

>> No.2672678

>>2672663
The vitalik rumors started here and spread

It's organized

>> No.2672693

>>2672666

Lol. So naive. BTC is fucked as well. It's going back to the 1500s at best. Don't cash out to BTC lol. USD is the only thing that's safe right now.

>> No.2672707

>FUD hitting critical levels.

Ahhh, time to buy.

>> No.2672709

>>2672666
i'm not a BTC shill. i am advising everyone to go into cash until the market stabilizes. i am literally trying to save you money.

>>2672663
i answered this yesterday:
>>2662000

>> No.2672712

>>2672621
What's the bottom?
$150?

>> No.2672727

>>2672712

$150 is a little high, I think. But around there is probably a safe spot to get back in. It's hard to call bottoms and tops in these things though. But I think sub-200 is pretty well guaranteed.

>> No.2672744

>>2672621
>cryptocat
You're a Firefox otr enabled chat plugin?

>> No.2672745

>>2672712
Buy in at $160 if you can.
>And if the Ethereum price retreated to between $150 and $200, it would be cheap enough to merit buying more.
-Michael Novogratz

>> No.2672759

>>2672712
My humble opinion is 50

>> No.2672804

>>2672759
Post some screenshots of order history to prove you've actually cashed out please.

It's hard to believe you without some proof

>> No.2672852
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2672852

>>2672804

>> No.2672896
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2672896

>spreading some fud to make the most of your short
Can't say I really blame you.

>> No.2672932

wouldnt it just make sense to margin short eth?

>> No.2672952

>>2672759
This. Just when you think it's over, it won't be.

>> No.2673466

>>2672641
I'd like to know this as well

>> No.2673475

hey man what's up, just sold 15 eth, feeling pretty good

-Merk

>> No.2673505

>>2673475
Ok Merk I just sold mine too thanks for the heads up brother

>> No.2673697

>>2672621
Did you ever read the book VURT? You remind me of the Game Cat.

>> No.2673983
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2673983

this isn't even over, lol.

>> No.2674018

>>2673983
why are you posting charts with 5 minute time frames? Are you a fucking retard or something?

>> No.2674077

>>2674018

They're sweating because they know ETH can bounce back at any minute and they need to constantly watch the markets so they don't get fucked when it rapidly reverses on them.

Just buy ETH now and make a profit once the news is announced, literally easy mode trading.

>> No.2674117
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2674117

Screencapped and MFW it doesn't go down at all

>> No.2674121

Niggers in this thread, there was a Ethereum dev meeting in youtube this morning, go look up the Ethereum foundation YouTube channel and watch. All the core devs agreed the price is gonna tank soon, probably down to mid 20s and they're planning on selling & dumping before it's too late. Don't believe me though, go watch the video for yourself.

>> No.2674133

>>2674077
a ton of people shorted eth to make some gains and have to fud so they don't have to sell the house.

>> No.2674172

>>2674121
and at what point of the video did they say this?

>> No.2674195

>>2674117

MFW It already has. A lot.

>> No.2674237

>>2674172
About 2/3 to 3/4 of the way through. I watched it live and wasn't paying attention to the time. The topic came up when they were discussing staking vs block rewards and Vitalik was talking about possibly adjusting the block reward based on price.

>> No.2674261

cleverly disguised FUD to benefit shorting positions. well done OP, well fucking done.

>> No.2674275

>>2673475
>>2673505

hey dude whats up its me again, still feelin pretty amped about selling my eth, gonna keep ridin this wave haha

- Merk

>> No.2674624

>>2674121
Link or BS

>> No.2674643

>>2674624

https://youtu.be/wLaI7680I4w

All I can remember is it was at least halfway through. Maybe 2/3