/biz/ - Business & Finance

This is true. Just look at overall crypto marketcap in 2016 and 2017, it increased like a motherfucker. It WILL NOT repeat that kind of insane growth therefore the random shitcoins won't pump.

I agree, actual quality coins will still pull 2-3X, and this is still the only place where you can double your money in 25 minutes - if you get in position in time.

Normie adoption is what we DO NOT want. We need a massive crash. Sadly, it won't happen, since there are too many fat cars in crypto already. As for ICO's - thank god they're over.

I got it in at the very last moment where I could "make it," but it was too late because I was a newbie and failed to capitalize on it. Because of this, the remainder of my life is forever doomed. Words cannot describe how saddened I am.

>>4034032
It has been like that a for a while recently, fortunately shitcoins are still good for trading

>>4034032
This is BS. This is like saying you missed the Microsoft rocket ship in '95 and therefore have no future moon missions in stock trading. That's utter BS and you know it. The total market cap is less than a 1/4th of a percent of the total economy. We are the early adopters and once people start investing in actual blockchain solutions instead of investing in BTC, there are plenty of moon missions to be had. People invest and make lots of money off of things other than gold and commodities.....The crypto space has plenty of niche markets that have yet to be tapped and one day all the things you see in business today will have some kind of involvement in blockchain technology, whether its service or a product.

Icos tank because of unfair investor and presale discounts dumping on the market. They aren't dead. They just got greedy

>>4034186
I personally believe that we are in a massive bubble that will pop any day now. And when crypto as technology does mature, so too will the markets surrounding it, being regulated as well. The days of x100 or even x10, are soon to be over. Don't get me wrong; I'm still in the game, playing as hard as I can, but I have a nauseated feeling in my gut that it will be to no avail.

>>4034186
>The total market cap is less than a 1/4th of a percent of the total economy.

This doesn't worry you? It's fucking MAINSTREAM, nigger. There's no more room for SIGNIFICANT growth.

>>4034288
Did you think he meant 25%? I thought so as well till I realised how ridiculous that was lol. 0.25% ain’t too bad, he just phrased it pretty badly

>>4034288
Are you fucking retarded or this is bait. Crypto is a WORLD WIDE currency. 1/4 of 1% is NOTHING

>>4034032
Just so we can all remember, 100% gains relatively speaking is insanely good. Like you just beat 95% of all stock traders this year good.

People seem disappointed if they can't get 100% but sheesh, don't take it for granted.

>>4034032
>Ico
>Solid project
Pick one. All icos are horseshit and they are the main cause why crypto is perceived like a fucking scam everywhere. Pieces of shit are worst than doge and rdd combined.

>>4034110
The hodl mentality fucked me.

I got into crypto and the first thing I saw was antshares so I bought some.

By stoke of luck it fucken went from $5 to $50 and I thought wow that was easy.

Everybody was screaming hodl and moon and next ethereum and I believed them because I was new and ignorant.

Ended up watching almost all that money dissapear.

Every single time I've hodled something I've ended up making so much less than if I'd just cashed out.

At this point if you hodl you're just making it easier for the actual sellers to get a good price.

>>4034284
I've been hedging my bets more and more. Slowly taking profits and trying to at least pull back my initial investment. I don't want to be all in when shit hits the fan.

>>4034490
Hodl is a meme. Take profits. Sell your loses. Trade less. Aim for 2x-3x consistently. That's enough to make you a millionaire.

>>4034032
This. OP is completely correct..

The mobile app market is saturated to hell. The crypto ICO market is saturated to hell.

There needs to be either another market to get rich off of or it will be worth waiting for a while for a new one to appear.

Crypto needs to crash. And with crash I mean go to dogshit worth. Start all over.

This is not going to happen tho.

>>4034186
He's not wrong.

Idiots who get in now and are happy with 10-20% still think they're making money. They don't understand that you used to be able to 10x your money in this market, hold, and watch genuine new paradigms form before the market shot even higher.

>>4034032
b̴̨͖̠͇̜̯̞̤ͬ͑ͤ̂̎̃̒ṙ̴͉̳̗̈́͑̽ͯ͝a̩͈̪͛̂̉́͝ͅḭ̧̘̞͒̽ͅn̥̘͔͚ͫ͂̈̆̎̾ͬ̎̍l̶̤͍̝̘̝̉̌ͣ̂̂͡ͅe̛̼̓ͧ̚͘t̸̛̘̟͖̹̦̟̠͒ͦ͝ͅ ̸̙̫̟͇͎̖̭̬ͩ̐d̪͇ͬͫ̿̎ͦ̀́e̢̯͍̮̯͉͇͆̿ͪ̂̓͐ͦ͝t͙͙̫̘ͫ͂͊͛͊̍̂̍͘e̳͈ͬ̍̕̕c̶̹͚͉͕̖̋ͮ͑͊͐͜t̶̶̡̟̩̠̻̠̖̘͊ͤ̇̀ͭ͛ͅẻ̻̜̞͖͓̓̋̉̍ͧ͞d͇̺̊ͭͧ̿̏ͨ̚!̻͙̗͈̹̰̻̋̃ͦ͆̽͑̏ͅ ̮̠̹͍̮̬̦ͭͬ<̥͈͇̦̝͚̿̀͑ͯ͂͞3̼̰̟ͬ̀ͤ̀̚ ̯̹̖̹̪̖͆̔̃͊͋͢<̡̯͙͌͂̄͒́͠3͕͚͎͇̖̺̗͔̂̇̒ͤ ̡̘͉̺ͮͦͮͣ̀̚<̖ͨ̄͋͐́́͞͞3̴̛̹̦͕̯ͪ̍ͮͨ̄̂̋͡

>>4034601
Make money, 10-20% per trade.
Outperform 99% of day traders in the stock market.

Apparently is an idiot.

OP is a a beacon of truth in a sea of shills. I'm waiting for the North Korean army of hackers to fuck us all. Some cocksucker watching porn on the Coinbase network would probably do it.

>>4034642
You're missing the goddamn point. We used to make 3-4x per day a couple times a month, regularly.

There's a reason we teased the fucking stock market and called them nocoiner idiots. Nobody gives a fucking shit about beating them because it was so easy to beat them in a single day. You morons who are satisfied with the current status quo deserve to stay poor.

>as long as i'm better than m-m-muh day traders!!!
Fucking retard.

God I miss the golden age months back

>>4034032

this is true

institutions are mainly trading btc only, very rarely eth.

think about it. if big investors/institutions buy into ICOs then they will get heavy discounts and go for the quick 20+% profit. you're never going to get your "moon mission" now

you can still hit 2-3x by trading shitcoins but those are risky as fuck since it's manipulated by pump and dump groups

>>4034032

Bullshit. boomers do not invest in crypto, but young people who just start trading and investing are more likely to get into crypto than into stocks. I'd say we have a long way ahead of us.

so you think you could be millionaire from random shitcoin pump?

you would be constantly crashing the price trying to cash out small chunks of your gains and running out of time

>>4034697
>months back
Fuck you. You mean years ago.

>>4034685
Not sustainable growth.

You can chase the dragon or you can play with low risk and still make money.

>>4034722
A couple years or even just months of it was sustainable enough.
Nobody fucking wanted "sustainable growth" you moronic fuck, we just wanted to get rich. Fuck what happens afterwards.

From here on out there is no more of that.

>>4034032
you dumb fool, this is biz. make a biz out of crypto bc it is undervalued retardo


0ut.

>>4034032
Agreed -- that's why I'm going all-in on ASTRO

>>4034741
Yeah look at what happened this year. Crypto transitioned to mainstream and all you people who got in early became rich as fuck.

There's absolutely no capacity for that to happen again on the same scale.

Crypto isn't just going to magically find another wave of people who pull 200 billion out their ass to fuel all the shitcoins that already made a 2000% flip this year.

You're delusional if you think you can buy shit and just wait for everything to go your way.

The easiest way to make money is to invest in these pre pump shitcoins and grab the 2,3x gains but at the moment people have clued on and so it's also the easiest way to lose money.

I don't get why some of you have to be on your fucken high horse and get all delusional about this shit.

Let me blow your here.
You can be PRO crypto and realise it's all a joke bubble, at the same time!

>>4034858
To add to this there's no use being salty cause now your moonshot chances are dried up.

As somebody said before you shouldn't take for granted how easy it is to make money in this space and even 10-20% is fucking terrific as far as I'm concerned

>>4034490
Same every fucking day I wish I sold OMG when it hit $13-14 after getting in at .40

Now I gotta chase moon missions to get back to where I was

>>4034858
but there will surely be another "crypto" or something in the years coming

>>4034550
>Aim for 2x-3x consistently
I don't think I've 2x'd anything in 3 months. I'm just doing terrible

>>4034642
You do know people trades stocks with leverage right? you really think people spend all day for 0.01%?

>>4034902
There could and there could easily not.

It terrifies me that people are willing to throw all their money at this like it's some kind of guaranteed get rich gamble.

>>4034032

Have you bothered at all to look at the alt market today? Once the BTC madness settles, there will be lots of money going into alts, as is happening now after BTG. It aint' over. For ICOs, yes, probably. Also, it's def. not over for coins that deliver real technology that would be mass adopted as blockchain becomes more mainstream.

>>4034921
I said 10-20... You said 0.01? Where's your scale bro. Day traders make at least 10-30x that lol, but that's still 1-3%

we need to find a new "crypto"

crypto is ded now

we have matured

>>4034032

Plot twist: OP has only been trading for 3 months. Btfo kek

>>4034552
you guys are overreacting

if ico's or crowdsales get banned or regulated then its a good thing. it will make all the good technologies pump like crazy.
the whales that invested in 100x coins will get fucked and the people that invested in real tech will get rewarded

>>4035011
>"we have matured"
>"ded"

>>4034921
Using leverage means you can't "hold" anymore though, because you will get margin called.

Our volatility is drying up and this is not a good thing.

>>4035080
No. If ICOs get regulated they will be indistinguishable from the mobile app crowdfunding market. They will continue to grow even more because idiots are happy doing all the same work for pennies on the dollar of what they could have gotten before.

What's going to happen is market volatility will be dead, and it's already dying. We don't see 100x missions in a few days or on an ICO anymore and we actually used to. Yes 100x, and 10x was common enough to be expected.

The market is saturated. Idiots will keep running the same playbook even with regulation because they are happy making scraps for money.

>>4034032
This is not entirely true. It's not the end of crypto, it's the end of the age of the whitepaper.

All of these past moon missions have been promises. Promises that >solid dev team and >great whitepaper would deliver a working product with real value. The people spouting "hodl" weren't malicious, they were oldtimers. In their time you'd make more out of holding solid projects than flipping 20% when some stupid empty news came out. The oldest, most prestiged coin after btc is eth, and eth has yet to deliver real-world solutions for real-world problems.

We always needed delivering, but we were irrespnsible. We threw millions at stupid icos time and time again, all the capital we had to invest in crypto is already in. There's barely anyone left to pump the market, and most coins will experience horrible drops until someone delivers a great product and hope is restored. Be ready for that, because the moon missons based on reality will dwarf those we've had.

Stop buying ICO's till they reduce the hardcap to less than 5 million

aaaaaa.

>implying the era of low market cap shitcoins going 10x is already over

EXN and the various Ethereum (insert color here) are the next 10x moon missions.

>>4035376
>various Ethereum (insert color here)
lel i 2x'd on eth lite because some guy on biz shilled it. where can i find info on these shitcoins?

>>4034100
You are an idiot. The only thing that will propel the market higher is normie adoption. Without it this thing will wallow and die, BTC will be done for good.

>>4034288
Reading is fundamental. Thankfully we have retards like you tossing money into the pot. Crypto is a ponzi, all investments are ponzi schemes at some level. We need fresh blood to keep this growing.

>>4034032
The reason ICOs lost their appeal is because it's literally vaporware. People were running to ICO's acting like they'll have a finished product ready as soon as the token is released. Furthermore, they underestimated how long good software development actually takes.

If you want moon missions what you need to do is look at the ICO's released back in 2015 and early 2016. The ones that are preparing to launch the product their ICO actually promised, but lost public attention during the development process.

>>4034384
Yeah that isn't even taking into account the black market. So really that 0.25% is likely closer to .015% or less, depending on how big the actual black market it.

>>4035456
https://coinmarketcap.com/new/

BLUE and ETG have crazy low market cap thanks to low supply and price - the moment they get listed on another exchange they'll go parabolic

>>4034550
This 100%.

>>4035187
>What's going to happen is market volatility will be dead

you might be right, but not exactly
only 1% of the world popuation hold crypto and only 5% of crypto owners own large amounts like miners and whales.
the money will come when the news gets out. most of the big tech's in crypto are only few months old, if not a year at most

You dumb shits there will be plenty of moonmissions ahead.

There will be plenty of 10x coins.

Fucking faggots stop fucking hyping all these shitcoins and scam icos and start making money.

Plenty of moon missions left, they just aren't fucking icos, troll bitcointalk altcoin announcements instead of 4chan and look for stuff that is brand new and innovative you dumb faggot

>>4034032
https://www.coindesk.com/ledgerx-trades-1-million-bitcoin-derivatives-first-week/

What about this? Institutional investors are just getting started it seems. If you ask people who invested in 2014-15 I bet they didn't have any faith that the total market cap would go up so much. Institutional money is what we need to get normies fully on board as well, and if they are willing to invest in Bitcoin why wouldn't they be willing to trade alts down the road.

>>4035681
>There will be plenty of 10x coins.
give me just one...p-please

>>4035230
This.

>>4035187
There have been plenty of pumps all the time.

The only thing that is dead is ico flipping

>>4035913
MOD has an actual product and has received actual funding aside from their ICO. Read their whitepaper and judge for yourself. It opened at .5 and quickly shot up to .8 within a day which is still below ICO price but it won't stay that way for long.

>>4035913

Syscoin will be a perfect example of a coin that went x10 or more. Good luck anon.

>>4036272
ICO's are bubbles and scams. Dont do this.

>>4034032
One of the shittiest posts I have seen here. You're a loser.

>>4035540
Normie adoption plateaus and the kind of normie adoption you're talking about takes years and years to achieve. I'm talking about getting the same ROI you'll see in crypto for the next 5 years happening in just a week here many times over.

Nobody is saying crypto won't keep on growing, but the real money, the "moon missions", are over. And no, doubling or tripling your money one day isn't a fucking moon mission. Newfags think it is because they don't know how it used to be.

Reminder that Monacoin 10x'd a couple weeks ago

This thread is depressing as fuck.

>>4035674
>the money will come when the news gets out
Stop deluding yourself you moron. Silicon valley knows. Every tech venture capitalist knows. The public knows. The news is out. It happened. You either made it or you didn't.

It is about getting into good chinese projects with small relative market caps. e.g. ASCH if you didn't already know

>>4036463
Reminder that the entire market used to 10x regularly and repeatedly without panic sellers.
Now you actually to have to pick good coins.

>>4036479
its not over retard. plus there is money to be made trading this shit across the whole spectrum and will still be profitable until the day this cascading market steadies at least in the case of the biggest coins. If you ain't bot trading then I don't know what the hell you doing though.

>>4036460
Sure the euphoria can't last forever. But doubling or tripling your money can still make you filthy rich really fucking fast, months instead of weeks. Take that and the sustainable growth normies bring and you could have a decade of good opportunity. This thing needs new cash, it is a market growth cannot happen without it. Unless you think it all crashing down will solve the problem, it won't, because crypto will be dead, dead, dead.

>>4036504
>monacoin
>good

Lmao
Also it's not exactly hard to 10x when your market cap is in the low single digit millions. You being so negative about crypto when it's obviously still in its infancy with insane growth potential is laughable

Wew, so you are mad that by just being early isn't enough anymore?

>>4036479
people know about crypto but not the market itself.
the only reason crypto even made it to the news is because of the 4K to 5K spike that happened. most of the normies i ask around have some btc and that's it. they don't know much about it

>>4035913
COSS, but it'll take a year or so.

>>4036474
nah man. we have enough COSS to buy a house and a fitting lambo soon

>>4036772
this is one of the few altcoins I can 100% guarantee will at least double within the next month.

>>4036504
>>4034032
That's absolute bullshit. There never was "regular" moon missions that did 100x without any panic. If you think so then you are probably very new. The nature of the market just changes, it goes through different phases:

1) First there was only bitcoin and it mooned hard
2) Then there was the first altcoins and bitcoin copies in 2013 (they all mooned hard and ltc was even $50 back then at the peak)
3) Next was a long bear market after which bitcoin and the established old alts mooned hard
4) Then was ICO flipping - buy any piece of shit ICO and it mooned
5) Now we seem to be in some kind of bitcoin fork era where there are many forks just giving free coins to holders raising demand on btc.

During all these times there has always existed the occasional PnD and new legit coins that moon because they actually are good.

>>4035230
>and eth has yet to deliver real-world solutions for real-world problems.

Soon...

>>4036960
i see your point
but i think what he meant was people buying 1000 dash or 1000 eth at pennies when the first alts started to surface. the cycle will probably repeat itself

>>4034032
>>>4036555

>>4036961
>>chainlink
>enterprise software
>private network
>authorative nodes
>>bitcoin
>ethereum
>>strictly limited supply, pseudonymous libertarian dev let the project grow beyond his own ambitions
>experiences 8% yoy inflation, eponymous leader is a marxist skeleton
>>bitcoin mainnet chain fits on a 40 dollar hardrive
>unsustainable growth of ethereum mainnet chain, will require a datacenter in 5 years.
>>the fap worthy c++ of bitcoind
>github.cum/ethereummmm
>disorganized pile of crap code, javascript???
>>perfect application of game theory keeps all participants honest and engaged
>gas heehe, poo poo fart pee pee diarhea
yeah satoshi would be all over that shit