/biz/ - Business & Finance

>>29713785
miners selling and instructions wanting a discount

Should we buy more chainlink and tezos?

chinks

gotta REALLY shake out those weak hands this time

The stock market

cycle topped. now we flip bear. elon's tweets getting normies in prematurely and stock market crashing accelerated the process

Time to shake out the paper handed faggots

Bond yeilds are up so investors are bailing from safe havens including bitcoin.

>>29713785
The pressure of the Bitcoin Dome.
You can't beat mathematically proven concepts.

>>29714376
now this is meme lines

didn't New York completely ban the trade of Tether a couple days ago?
are you guys retarded? it's tether.

>>29714376
Please, more Domeposting

L2pools and fearful americans

>>29714376
Based and dome pilled.

>>29713785
basically everything. bonds yield surge sent everything into panic mode and crypto is just as correlated with everything else, so here we are. yawn idgaf. everyone here seems like it's babby's first cycle. fuckin noobs.

Dump eet to 5k

>>29714376
lmfao, it’ll keep moving. Show me what this dome was like during the first peak ;)

>>29713785
https://twitter.com/CryptosR_Us/status/1365012057578491913

>>29714497
Personally I'm enjoying increasing my bags at a discount.

heres a better question op, what caused a rise in the first place? because it sure as fuck wasnt tangible value. LMAO

>>29713785

mass mania from seeing green, followed by mass hysteria at seeing reds.

>>29714568
Are you investing rn? What's your poison?

>>29714621
XRP

>>29714376
nice purple taco

>>29714716
I'm still just sitting around for that one to get cheaper, bought it a while back and made a bit off it. Should have kept onto it for longer tho

>>29713918
correct answer but no one cares

>>29713785
Elon again

>>29714987
This thread is fucking depressing
90% of biz posters are retards posting random bullshit and have literally no fucking idea what's going on, still revel in their own ignorance

Yeah, it's F2P
Retards.

>>29713785
You did

You

stupid

zoomer

fagoot

who the fuck wants to be in a market where retail tries to bankrupt their own broker and cause financial collapse?

>>29713785
SERGAY BETRAYED

>>29714568
posts like this always reek sell signal desu

>>29715312
Yeah bro its just F2Pool and nothing else at all

>>29714987
Does that mean bear market or it will go up again soon?

Unironically I think the involvement of mbas and robinhood users who don’t know or care about the actual purpose or technology behind crypto. All they see is the nasdaq going down so their Bitcoin stock should go down too.

Elon Musk

>>29715312
it's a plain old market cycle
that being said miners cannibalizing each other trying to get each other to capitulate in march would be sweet

>>29715754
lambos on the moon sir

>>29714376
This is some nuclear-grade FUD lmao

>>29713785
people selling

Doesn’t matter really; don’t bet what you can’t afford to lose. Hodleydoddley.

>>29715754
>>29715853
you tell me
the cheapest miners by electricity cost have a marginal profit of 600 percent right now.
you know a typical business is considered high margin if it's 40%-50%. successful restaurants slave away at 10% profit margin.

>>29716389

I'm a miner and my revenue has taken a big hit in the last 48 hours. What's worse, the coins I mine are losing value so fast that my accumulated revenues are bleeding faster than my mining revenue comes in. Depressing AF

>>29717313
>You don't immediately sell the coins you mine

You're doing the mining thing wrong. What prospector dug for gold and sat on it?

>>29717313
yea it's the cannibalization and pressure from other miners to force miner capitulation
>>29717722
i plan to mine and hold in bear runs.

>>29717722

I've made an additional 12% (over BTC) by trading my earnings this month. So it's still been better than selling right away. It just sucks when the market sinks like this and you're basically mining for nothing.

>>29713785
a year ago BTC was 10k. today it's 47k
if this looks like a crash to you then you're in the wrong game

>>29718790
>a bubble?
>whats that

you literally just gave the bearish case

>>29714376

KEK I haven’t been laughed so hard for a while. Peter Schiff level FUD

>>29718978
Value only increases over time dumbass.

>>29713785
>crash

This isn’t a crash. It isn’t even a 30% dip

>>29719045
There's only a certain number of tulip bulbs anon

>>29719134

> chart from 400 years ago proves bitcoin is going to 0

>>29718978

did the Tulip bubble repeat itself over and over again? no
clearly we're looking at a cycle

>>29719045
Bearish as fuck post

btc can go up or down no one knows.

>>29718486
>mining for nothing.
not worth it with btc under 50k?

>>29719363
>cycles don't crash

>>29713785
sorry it was me

>>29718978
Not comparable at all. Crypto has utility outside of making money. Defi has limitless potential and millions of brilliant devs constantly innovating. We're literally witnessing the birth of a new financial paradigm and you're posting 400 year old charts. ngmi

>>29714376
OOOOHHH AHHHH I'M DOME'INGGGGGGGG

>>29713918
Miners are such cancer. Jesus. Chinks fucking everything up as usual.

>>29719657
>Crypto has utility outside of making money
Bitcoin has barely any.

You don't think people were hocking all the delusional bull rationales for tulips back then either?

>Tulips cure all disease!
>Tulips are backed by the Pope!
>Tulips expel Satan!
>Tulips achieve enlightenment!
>Tulips will replace currency!

Thursday

>>29714376
d-dome-sama!

>>29714376
this is probably really true since i'm looking at this shit now

>>29719657
Bitcoin is the cancer of crypto. It has no use. Even as a store of value it's shit becausr it's slow and inefficient.

>>29719987
>Bitcoin has barely any.
Correct. That is why I'm bullish on defi. Did you even read my post?

>You don't think people were hocking all the delusional bull rationales for tulips back then either?
No. Post proof

>>29720256
Motherfucker did I say Bitcoin? Niggers here need to learn to read

>>29717313
Then tell your miner friends to stop selling. There should be a miner union

>>29713785
the peak

>>29714376
>only ever gone up eventually
>YEAH CUZ TOP OF DOME THIS TIME FOR REAL

>>29714530
Schiff's Dome... if BTC keeps climbing, it forms an ever expanding dome so that the latest ATH is touching top of dome

>>29717722
the gay kind

>>29719927
If you want, you can solve the blocks on a napkin and submit them manually yourself. Or just crack sha256 with a functional quantum computer and tell no one.

>>29714376
>shape-posting

>>29714376

only buy what you can afford to lose half of
jus put down another 2k

If I didn't have weak hands i'd have made like 8k by now