/biz/ - Business & Finance

as expected, we shaked out all whales now steady growth

dead cat bounce

>>28690972
They literally banned everyone asking questions from their chat anon

why is it back. nothing works

-73.2% 24h

>>28690972
>imagine holding onto dead cat bounce

Finally got rid of all the paper hands, better to buy now and enjoy the comfy ride

>>28691137
it literally dropped 87%. doesn't matter how unfinished the product is, it got oversold HARD

>>28691137
see rubic

>>28690972
>be me
>bought at .04 and .07
>sold half at .39
>websitelaunch.finance
>sold half of what's left at .25
>plummet.Inc
>last sale at .20

Deadass I thought this was going somewhere, but when the site launched it was clown fiesta. I didn't think it would drop back to 8 cents though. Holy shit how did they fuck this up THAT bad. They were on track to be Rubic's sidekick but wowwwww that is bad.

>>28691088
HAHAHA youre a retard

>>28692398
this shit got me high on hopium

EAT A GIANT COCK YOU FUCKING COORDINATED FUCK FUDDERS WANTING ME TO SELL THIS GEM

+100% last 30min

>>28692398
BASED and ASKO PILLED

all you faggot malaysian fudders eat a dick hahahahaha

go feed your village you fags

>>28690972
FUDders bought the dip, moron

kek, FUD drastically decreased the moment it hit 5 cents

>>28690972
devs are incompetent, you hate to see it. The only worthwhile thing they have is AskoLend and that was made by dOrg. Hope they don't actually rugpull this shit tomorrow and at least they fix their shit so they don't tarnish dOrg's track record.

I missed the dip at .05 and had to buy at 0.8 I want to rope myself

>>28692792
>>28692398
nooooooooo why is it going back up???
i really thought it was a dead cat bounce.

ASKO team is convincing me

Jesus christ. I wake up to an extra 500 dividends and a bloodbath. Was the main net launch that bad?

Can someone give me a non-shill non-FUD level headed take on the current ASKO situation?

I have never seen such an insane amount of shilling and fudding in 1 day

>>28690972
Nothing is back. You can say that at 30 cents

>>28693014
it was a total shitshow. but at least their lending dapp works, right? anyone checked it out yet?

FUCK I wanted to buy at .08
Guess it’s over for me

>>28693076
Site looks ugly. Lend is deployed but was slowed due to ETH congestion and gas. Liquidity being added

Imagine seeing this chart, recognizing the pattern, being aware of the team, the tokenomics, and still continuing to hoddle.

>>28693160
So it looks alright going forward but it was a bad launch?

>>28692906
>dead cat bounce
oh it is, but it has a lot more bouncing to do

>>28693200
I have no other choice. I spent $900 on this at ATH. Now it's worth around $200. Makes no sense to just sell now.

>>28693125
Well, the price is below 10 cents again.
Maybe not everything is lost and you can buy even below 1 cent!

No skin off me I got a small bag of this shit buying a bunch of speculative crap but some of you putting 25k into Jesus Christ.

You guys are retarded, these fking gooks are playing you rn. Bought a huge bag at 6 cents lmao

I guess 0.20$ EOD, 0.80$ end of next week

IF YOU BOUGHT INTO ASKO WITHOUT REALIZING THAT IT WAS AN OBVIOUS PUMP-AND-DUMP, YOU SHOULD NOT BE IN CRYPTO.

YOU ARE AN EXTREMELY EASY MARK FOR SCAMMERS, WHICH MAKE UP 90% OF THE CRYPTO SPACE, AND YOU WILL 100% LOSE ALL YOUR MONEY

>>28693464
biz keeps falling for it
remember d0rg is still involved.

>>28690972

>price tanks from 45 cents to 9 cents
>literally down 70% overnight
>bounces one cent from whatever 7 or 8 cent floor it was at

take a moment anon to realize how retarded you are for celebrating a coin that has undoubtedly completely failed its launch and is being exposed for being dogshit. perhaps admit that the team is completely incompetent and launched an amateur pile of trash.

sometimes you make stupid decisions and fall for scams in crypto. you can make money trading dips and peaks with scams, but they are scams nonetheless. if you're smart, you'll learn your lesson and move on

>>28691115
Wow source? Red flag

>>28690972
Rubic all over again

>>28690972
>.09 again

aaaaaaand right back down we go

next support at .03

>>28690972
I sold at .18 and genuinely do regret not buying back at .05 or .06.
I would have sold again at .1 but it would have been worth it.

>>28693503
Wow I almost bought but didn't since it was at the top. I think I'm stupid still please help me avoid falling for scams

Guys don't be fucking retards, this was the biz shill of the week, PLT is the next one that will 2x or 3x and then dump the same way, don't get emotionally attached to fucking internet tokens.
Just buy and then sell whatever is being shilled here without thinking about it, your priority should be taking 2x profits and fucking off.

So yes, buy PLT and sell it in a week or two.

Imagine selling all your shit at a loss because the dev has a cute giggling dog as avatar

This is the absolute state of crypto and biz rn..

>>28693635
Can't wait for limit orders on RBC to pick up these mass sell offs

>>28693706
LEAVE CRYPTO BEFORE YOU LOSE YOUR MONEY, YOU FUCKING IDIOT.

>>28693706
If you knew not to buy because it was at the top you're smarter than me lol.

>>28693823
based me too

holy shit I wish I had some spare eth

this is a 1 usd token minimum, lmao

>>28690972
>1m candles
>it hasn't gone down for 9 minutes, fudders BTFO

lmao

>>28693823
I dumped my asko because the shit website and all that reflects incredibly poorly on the team and I don't have that much faith in the coin, but I am not parting with my rubics. They will have to pry them from my cold dead hands.

>>28693944
Checked green rubic ids. Wgmi anon. Shame seeing all these anons buying into rabid shitcoins like asko and losing everything.

RBC dumpers saved ASKO in the first place

>>28693848
>Buying internet lottery tickets with more money than you can afford to lose in the first place

Whoops

>>28694252
Why the fuck didn't the image upload

>>28694303
That's a lot of ASKO

>>28694138
The current market conditions make it extremely fucking easy to make money for anyone who isn't a complete fucking idiot. It's far from a lottery. I've been trading alts for the past 3 years, but I have never increased my stack by more than 2500% in one month like I have now.

This is not a lottery. This is a zero sum game and a transfer of wealth from retards to people who know what they're doing. If you believe it's a lottery, you are most likely the one handing your money over to people smarter than you.

>>28694303
stakers are unstaking and selling. we will see more sells like that throughout the day.

>>28690972
Sold the top, bought the bottom
And all staked
Feels good man

All sellers and swingers will ROPE when we hit $1

>>28694383
>The current market conditions make it extremely fucking easy to make money for anyone who isn't a complete fucking idiot
explain or youre larping faggot

>>28694604
You can't teach a fish to climb a tree.

If it isn't obvious to you, you will always be a mark in crypto.

How retarded must anyone be to buy a PAJEET RUGPULL SCAM even after the rugs been pulled

>>28694604
>Not making money in the golden bullrun
What is there to explain, retard?
Just don't be pumped and dumped and you will have your lambo.

>>28693978
I just got a hard on reading this kek

>>28694383
How did you learn?

You dumb fucks don't get it...a website was a few hours late and had some formatting issues..ok?

The product is legit, the team is legit. It's not a scam you idiots.

$2 eom

>>28694698
The RBC PnD has unfolded over months. It literally doesn't have a working product. You underestimate human stupidity.

>>28693848
No. It's my only hope.
>>28693938
I wasn't sure. I have a rule to never buy at the top, my rule was wrong last year when Link hit 6$, and $8, but in general I've learned not to FOMO. I still wasn't sure this was a scam though.

>>28694104
This. The amount that left rubic wallets into this shit. And now they're down whilst rbc is on a healthy incline waiting to pop again as soon as limit orders are successfully implemented. When will you adhd retards learn to hold and not buy McDonald's coin or askshit or whatever anonymous token of the week is.

>>28694383
Please teach me. Please.

>>28694777
I don't think its a scam.
I think they have a product but they have fucked the launch, and their website looks shit, and they have no marketing team.

>>28694763
Deceit or ignorance. Go and spend 5 minutes looking into it and you will see how undervalued it is

>he doesn't know
it's over

feel so vindicated for telling you retards this was a shitcoin and to take gains now all the way from 0.03 to 0.30
now look at you
who got burned
tell me, which of you did not listen and just called me a stinking poo

>>28694777
Wait, those people are on Asko team!
How did you find them?

>>28694959
Well all my hopes are on Rubic now.
Been holding a 15k bag for a while.

>>28692982
Felipe is the kind of guy that pimps his niece that jumped over the border

>>28695046
Cant get burned when you bought at .005 kek. Good luck with your other endeavours fags I'll be sitting here with 500k EOM

I know how it feels, Asko bros...
My rubic haven't been cubic lately either.

>>28694959
I've spent 5 minutes looking into it and know there are working products that already have cross-chain operability (with more chains) such as Anyswap. RBC is all promises. Everything in their marketing material is "coming in Q2." Don't be surprised when they are nowhere near ready by Q4...

>>28695150
hope you took some profits at the very least after a 20x
surely you didnt hold all the way up and down anon

>>28695050
Someone posted in a thread yesterday.

>>28695232
Rubic stayed Cubic anon, these ASKO faggots are not brothers of yours, they fucking tried to ape off of Rubics name, every OP post saying
>ASKO is the next Rubic
>RBC is over onto the next one
>We shilled you RBC now we shill you ASKO
and now they got BTFO rekt to oblivion and they deserve all of it

>>28695336took profits at .5 100x felt good for a sec

>>28693503
I am definitely the dumbest motherfucker in this thread.

>>28695469
It's only -67% for the day as of right now, wtf did you do anon.

>>28695469
fucking legend I saw you since -120

>>28695469
It's only $800, so consider it a cheap but VERY important lesson.

>>28695469
It could be much worse.
I was up $10k on this shit and barely made it out with some profit.
Those non actualised gains sting.

Let's go ASKOchads!

>>28695953

The bot still posting lmao

Lmao why would you ever sell this except to take out initial profits. This is just the beginning

>>28693579
they banned me and other anons

6c eod let's gooo!!!

Should I buy in now that it dumped?

>>28696247
idk but I've been watching the price ever since I got up an hour ago. Ready to buy.

>>28696247
Should have bought at 5 cents

>>28696247
I think it may never go back up now

>>28696053
I'm still seeing buy orders being filled despite the price collapsing. I'm just gonna hodl in hopes that it claws its way back up near 0.40 over the next few months.

>>28695469
You're not an expert at spotting Pajeet Scames and what to avoid trading. Congratulations your 800 dollar loss was an education that cost thousands at a state university.

>>28696053
I'm not a bot you dumb kike.

>>28696474
Say something a bot wouldn't say.

>>28696358
Why would this go up? Serious question

>>28691115
post link

>>28696528
Tongue my anus you nigger bitch.

>>28696711
Thanks anon.

>>28695953
It will return to 20c today anons. Just watch the whales shake weak hands. Release was not a failure you just have coordinated shill groups trying to pump plt now

>>28696344
nice FUD, Curry's got us covered!

>>28696895
How do you know

>>28696827
Lol no. This was a disastrous launch. Dev pump and dump scheme. Everyone has useless bags now dude. Reputation ruined.

>>28696358
i honestly can't see this ever being more than 20c again.

>>28696966
We must have faith anon, we must have faith.
A person named Curry, WOULD NOT PUMP AND DUMP US.

IT'S INCONCEIVABLE.

>>28690972
I picked up some on that dip. Lets go

>>28697168

>>28697168
>We must have faith anon, we must have faith.
>A person named Curry, WOULD NOT PUMP AND DUMP US.
>IT'S INCONCEIVABLE.
Oh you're mocking them. Its over. I got burnt on DBC, btcp, and fun in 2018.

>>28695256

yeah, anyswap, where trading 1 ETH for fucking BTC currently causes over 1% slippage in addition to $50 in ETH fees. how will they possibly gain traction against such a bohemoth?

>>28697336
No, i'm only half mocking them, i still have my bags, i haven't sold. I wouldn't lose much by selling even now at this low price, i got in so early. I just believe in the functionality of this coin, it should go up. We shall see. It's not a good launch by any means, but we'll see what happens.

AHAHAHAHAHHAHAHA. LOOK THAT CEO PIC
https://asko.finance/#team

I bought in at .023 so I'm still up a 4x and the divvies are rolling in. The only regret I have is that I didn't swing but can't win em all. They just need to hire a decent front end coder

Asko was my first crypto i bought, got on at 0.20 and was too greedy... didn't sell at 0.40... what are the red flags to avoid PnD like this one? I'm still learning albeit very slowly

>>28696358
Stage 1.

>>28698316
Did you pay attention to the threads? Warnings were repeatedly posted that mainnet launches always are followed by a dip. In this case is was a fucking crash from hell and not just a dip, but the sentiment remains. Pay attention, and not everything negative is FUD.

>>28698316
>every coin dumps on mainnet launch. no exceptions.
just remember this for your next coin that has a mainnet launch coming up

>>28698528
Quant pumped on mainnet. but your sentiment as a general rule is true, and most coins are not as fucking sick as QNT

>>28698391
>not everything negative is FUD
>not everything positive is pajeet shilling

most people have a very hard time understanding these it seems, very black and white thinking

yeah I see the dump on mainnet happening... is there any chance this goes back up to 20 cents at all so i can at least get my initial funds back?

>>28698862
Most people in crypto are retarded. That's why it's so incredibly easy for people who aren't retarded to make so much money here.

>>28694383
show me your portfolio

>>28699216
Yes, it's crabbing up as we speak, people are going to fomo back in at some point seeing that they fucked up, not everyone obviously since many actually just cashed out profits and are going to their next pnd.

>>28699384
I tethered up yesterday because I believe there's a massive correction on the horizon.

So I have no portfolio to show. And even if I did, I wouldn't want retards on /biz/ holding what I hold.

Yes the launch could have been better, but the price has recovered quickly and will get back to 20c in the next 24 hours, especially after lend is up and running. You have to have patience to hold for more than 1 fuckin day is all.

>>28699614
larping faggot

>>28699577
it's a dead cat bounce like i said earlier. it'll keep bouncing down to 0.003.

>>28699903
Wrong, the dead cat bounce happened after the first massive sell off where it went from 5c to 12c
You can't even read TA for shit, leave the astrology to people that actually know what the terms mean.

>>28699984
i'll see you under 5.5c in a few hours, buddy.

>>28700164
See you at 15c at T - 60m

>>28699984
nope he's right, it's going to keep bouncing back down until sentiment shifts

>>28700224
D E L U S I O N A L

>>28700224
>admitted to there being a dead cat bounce
bro, do you really think there can only be one bounce? it's literally in the name.

>>28700365
Well...

>>28694777
>king shill
this has to be satire

>>28700365
Where did I ever claimed there was one?
I'm seeing 4 right now after several drops and spikes.
Right now it's crabbing, no where near a bounce, it's slowly building up value and if you look at the books the buying pressure is currently higher than the selling.

>>28700464
>>28699984
>the dead cat bounce happened after the first massive sell off where it went from 5c to 12c

>>28700322
It’s getting close. It was at 14c again but encountered resistance.
Idk if I should ride it out the week and sell before next weekend or just accept the small gains and move on

>>28690972
its over bros

>>28700546
Meant to refer it as a plural, pic related are the ones, the currently thread is an upwards consolidation after this massive sell off.

>>28700564
I'm gonna ride this one out because if asko reach 0.40 again, /biz/ will seethe and there will be posts of the CEO dog picture and many creative captions. So much potential for memes.

>>28700711
well, good luck with your coin, man. i hope you make it out with breakeven or profit. i already sold my bags last night for 3x. i knew mainnet would cause a dump like always.

>>28700862
>knew mainnet would cause a dump like always.
I don't think anyone imagined a dump of this magnitude LOL

>>28700862
I'm in profit, I sold halfway between the first and second bounce I marked.
Bought halfway through the pump of the last bounce.
My retarded move was staying awake until 7AM and not tethering before going to sleep.

I was suspecting a huge dump, but not to this level.

>>28700862
Should've known that would happen. Everybody said it but I only got out with like 300 USD profit. My unrealized profits were like 4k that I lost from not cashing out 3 days ago and fomoing in at 25 cents last night. Sold at like 8 cents near the bottom

>>28700711
i trade on the 30min. it looks like this is the first bounce.

>>28700711
>>28700840
It's a matter of asko surviving until btc goes sideways and alt season starts in earnest

>>28701101
>>28700711
>>28700417
What website is that again?

>>28701101
30m is too risky for low marketcap, you don't have a decent overview of the huge swings little buys in the 2-5 ETH do to it.
It's so volatile that retards call people buying in that volume to be whales.

1m is too little, but 5m is perfect for that kind of visual, I actually just sold part of my stack now.

completely rugged

>>28696247
I hope you did anon we are already swinging back to .20

>>28701251
yeah, but this coin has such low volume that only the 30min can show you the bigger picture. i've been trading on the 30min and it hasn't been wrong so far. we'll see how this one goes though.

>>28701229
https://www.dextools.io/app/uniswap/pair-explorer/0x63804d757b5b7c43509fded8f7ce10cc0bac2ae0

>>28690972

Why? We fudded to get this shit cheap? You didn't win, we did, lmao.

>>28701491
thanks, gonna bookmark it so I don't look like a newfag again lol

>>28691504
Very similar but I got in just before you at .03. But I bought back in at .06. I really do think this has potential and is worth a bag below .10. Yeah, the launch was rush, devs made the mistake of guaranteeing a date without making sure all the kinks were ironed out. There’s huge benefit to being able to launch when demand is high, but not at the expense of dropping a buggy product. They honestly shouldn’t have give a public date, instead set an internal date, realize they needed another 48-72 hours to fine tune things, have a smoother stealth launch and better press.

>>28701137
>implying alt season hasn't started

even mainstream coinbase alts are putting in +50-100%'s per day. In what imaginary universe do you live where that does not qualify as alt season?

Keep this piece of shit pumping back up please. I need to dump this garbage soon.

Bought both dips. Stay poor faggots

>>28702934
Its not going back up mate. Better sell now. I'll buy your bags gladly

What a bunch of assholes.

>>28700322
What the fuck bros, I thought I was delusional

>>28693076
Other than the usual whale dump. ALWAYS gets people scared. Everything is fine. Right now the price is still above what it was 3 days ago. THAT'S GOOD.

Price rose so fast, the ASKO telegram team wasn't ready for the influx of people. 2000 wallets added in under a week. Lots of assholes were spamming on the telegram.

4chan fud of course. They ALWAYS shit on popular projects.

And the website looks pretty fiverr tier. They needed something easier to navigate for Askolend. They're still working on the aesthetics.

>>28704708
who cares about the frontend?
they're still writing the contracts.

>>28700224
Since my prediction was spot on, literally an hour later 15c, here is my next prediction.
20c, will dip, then trace to 25c.

>>28695469
I lost 6k. It's ok Fren, didn't do my research and just fomoed. Should have known better. It's champ change but it was my first rag pull.

>>28704348
Delusional is a good thing
reality is an illusion, exile.

>>28700224
Damn, that's impressive. Nice call.

>>28705011
i got nowhere to go so ill stick around. at 30 cents ill be in profit.

>>28693234
yeah buggy site and launch delayed a few hours, but they are listening to the community and implementing feedback which is nice

>>28705011
Your going by fib retracement levels anon?
Can you spoonfeed us TA noobs how you expect the coin to range under 0.2 and pump to 0.25? What technical indicator or technique are you basing that off on?

>>28690972
not falling for your pajeet scam.

>>28705902
why aren't you in chainlink or something, this ain't for you

>>28696081
"me" isnt a source, pajeet

>>28690972
>>28690972

No one cares you fucking faggot.

Buy cardano or neck yourself