/biz/ - Business & Finance

>>29451238
because every coin is tied to bitcoin, bitcoin goes down - every other coin goes down with it
it's a pyramid scheme, what did you expect retard?

>>29451238
First time into a Ponzi scheme anon ?

>>29451323
JUST MAKE IT STOP DUMPING YOU PENIS-LICKING FAGGOT

just sell unless you want that 109k to be 60k in two days

>>29451380

sell

it will be back up soon enough you autist.

>>29451238
soon you can escape your six figure hell

>>29451238
sell

>>29451488
Underrated

>>29451488
with a rope around his neck

>>29451238
sell right now

>>29451238
only you can stop your infitie losses by selling asap

>>29451238
There there, I went from 140k to 85k over the past week or two

>>29451238
The ride never ends

I don't know, anon. FTM and IOST are doing breddy gud

>>29451323
Then why does LINK go down no matter what BTC does?

Can someone tell me why is it crashing second morning on a row to similar figures? I mean, what caused it? Musk didnt fully cadhed out? Other big ass wales taking profits?

>>29451674
This is just the beginning. BTC will be 20k in 5 days.

I'm very happy about my experience so far.
Tried to invest in small amounts, so IDGAF if I lose it all. Made huge (percentage) profits, and ALWAYS cash out to Fiat.

So now I am just laughing at all of the despair

>>29451238
Let me call the /biz manager, so they will freeze the market for you. jk.

>>29451323
Retard here, why is everything tied around the price of bitcoin?

>>29451638
shitcoins can go down independently separately from bitcoin sometimes but shitcoins cant make bitcoin go down

>>29451238
Dump now

>>29451918
Because king shitcoin rules over the rest of them. Simple as.

>>29452271
But they're different projects, why would one effect the other?

>>29452398
>But they're different projects,
Oh you have so much to learn friend. Crypto markets are not like stocks, where different stocks rise and fall based on the individual performance of each company. Crypto market is Bitcoin, everything else is shitcoins grabbing on to its coattails for the ride. All that other shit about fundamentals, project goals, blockchain, etc. means fuck all. They are complete memes. You buy them for higher profits (and higher losses) alongside Buttcorn's movement, everything else is a lie.

>>29451238
whast your folio look like? mine dumped from ~$220k a day and a half ago to $185k currnetly

>>29451488
Racist

>>29451323
reminder that only nufags trade shitcoins

>>29451734
I hope so, that's payday.

>>29452731
Don't do this to me dude, I bought 5,000 worth of XLM because I believed in the project

>>29452731
this. did you seriously never notice that most coins' whitepapers and mission statements are just marketing Madlibs? NOTHING MATTERS NOTHING MAKES SENSE

its like going onto linkedin and trying to puzzle out what half those cunts spamming it actually do for a job

>>29452731
I'm pretty sure Ethereum isn't a lie.

>>29452398
Cryptocurrency is a young market and name recognition is king for now, like >>29452731 says.
It will not always be this way. In fact, as soon as king shitcoin gets flipped for the first time in the coming bull run, it will likely mark the start of a more mature and uncorrelated market.

>>29451918
it isn't. I don't know why people can't see this but when everything goes down, that indicates macro econ variables at play.
Are you also surprised to know that the stocks prices are correlated to each other?

>>29452398
>different projects
AHAHAHAHHAHAHHAHAHSHSHAHAHAHHAHAHAAAAAAAAAAAAAA
Scams, all of them, except maybe eth, but shit doesn’t scale, so current valuation is laughable.

>>29452731
>Crypto markets are not like stocks, where different stocks rise and fall based on the individual performance of each company.
Lol then explain how so many hundreds of projects outperform Bitcoin by a huge margin over extended timeframes.

>>29451638
Because LINK is the eventual successor.
Once BTC brings down all shitcoins, LINK untethered to it will rise to take its mantle.

>>29452731
>>29453216
These posts /thread

>>29453365
Yes absolutely, but only if they actually start rolling out the features they've been promising for all these years.
Which will never happen.

>>29451535
>underrated
You fucking posted that a minute after his comment.

>>29451238
HOW COULD THIS HAPPEN TO ME
I'VE MADE MY MISTAKES

>>29453361
Hype and survivorship bias my negus, Bitcorn is bloated, it's much harder to punch its performance, and novel shitcoins start at like $.0004 so of course people are gonna go all in thinking they've found the latest and greatest new paradigm. For every 1 of these projects that has better profit margins than Bitcoin, 10 have exit scammed and run off with your funny money. None of them can survive on their own merits, they are Bitcoin imitators that people are hoping to get in on early for easy money.

>>29451238
>Round 3 begins
I'M NOT GOING BACK TO WENDY'S YOU FUCK YOU CAN'T MAKE ME GO BACK

>>29453243
Legal black swan incoming. Only privacy capable blockchains and otc digital securities will survive the flippening

>>29453633
>words words words

It's simple: Bitcoin has extremely limited functionality.
Smart contracts add a ton of functionality, but isn't very useful without reliable cross-chain and off-chain data.

Blockchain has huge applications, but it's waiting for Chainlink.

>>29453119
no projects only numbers, no emotions only numbers

>>29451864
Great, now do it with big money ya fag. I'm still holding fat bags, which are making my anus bleed rn, but I knew enough from 2018 to take some profits to stable thank god

>>29453672
the requirements to get the "Monero Good Ending" basically requires cryptocurrency becoming illegal and XMR ruling over the remaining $1,000,000 marketcap as every other dollar flees

>>29453837
The "Monero Good Ending" is a secret ending. You need to play through the game 20 times and get every other ending first.

All you niggers got played by big tech and hedge funds, here's what went down:
>loads of earnings calls this week
>stonks take a big fucking nosedive as results are more shit than expected
>all big tech and hedge funds withdraw bitcoin to buy the dip
>billions funneled out in a matter of minutes, causing bitcoin to do a minor 9/11
You poor saps never saw this coming did you

>>29454390
>>stonks take a big fucking nosedive

???

>>29451488
come home white man

>>29454465
Yes, welcome to the bear market faggots.

>>29454643
Forgot pic

>>29454643
>"stonks take a big fucking nosedive"
>Dow went +0.10%

Take your meds.

>>29454712
>one stonk that has been rallying for years on end took a loss
>"STONKS HAD A HUGE BIG FAT NOSEDIVE TURBODUMP CRASH, GUY'SE!!!"

Stop being 12 years old.

>>29451238
my poorfolio went up

>>29454716
>>29454786
Hey don't believe me. I don't care. Just wait and see. Yesterday lots of earnings calls near market close, prices dropped around 10% on many stonks. Let's see if people wanna sell more when they open in ~6 hours. Could be just a correction, but the hedge funds wanna buy the dip regardless, which is why they are selling their bitcoin to free up funds.

>>29453837
The real redpill is that the monero good ending is also the xrp schizo good ending- but very few people will see both

>>29451238
Hello, im a whale.
Bitcoin will pump back in 3 hours.
Local low around 48k
Dumb all your shit in long contracts. leverage is ok but leave enough room in case some faggot scratch his balls and accidentally place sell order.
Screencap this

>>29453012
Dead

>>29452398
arbitrage bots make many trades between alts/btc and usd/btc, thats why they all dump at the same moment

just stop selling lol are holders retards?

WHEN THE FUCK IS THIS GOING TO END I BOUGHT YESTERDAY THINKING IT WAS A DIP

>>29453335
yeah I'm sure retards sell because of macro econ variables and not because they see btc drop and know shitcoins will also drop because this is a market of retards so they sell before it drops too much

>>29451238
Newfag, altcoins always dump when Bitcoin dumps.

>>29454786
that's the point, stonks like these have been artificially pumped forever. if they're coming down, the non-meme inflated stocks will come down too

>>29457333
whoa...
really?...
Not good......

>>29451674
miners are dumping billions of BTC

>>29453662
better prepare your CV bro

>>29451674