/biz/ - Business & Finance

thanks reddit

>>5630775
req pump coming tomorrow

>>5630938
Why tomorrow

I unironically believe this.

My only issue with REQ is that I bought in at 6 cents and sold for 5 cents and then it mooned and I don't want to buy back in even though I should. I should just bite the bullet and do it.

>>5631054
Do it fag

Anyone else expecting a bit of a dip tomorrow? It's done this before without news and never seems to hold.

>>5630961
Check the order book atm, its pumping at night and holding.

it doesn't have an X in its name so it won't moon

also the logo isn't visually appealing

I sold this at 49k an hour ago, didn't expect it to blow through the 49.5k wall. Now it's eating at the 50k one and I'm getting antsy. There's a pretty good chance it'll come back down in the next few hours but I seriously feel like buying back in at a minor loss for peace of mind, fucked this one up.

>>5631340
OH FUCK IT JUST GOT EATEN WTF

>>5631228
>>5631340

>>5631353
Just get back in anon my guess its gonna go higher tmr it set a pretty good resistance around .32

>>5631340
exactly the same here.

But there 's also a big wall at 52k (300+eth)µ.
So wont buy before that

>>5631444
I was gonna buy back at 50.1k and blinked it was gone. Now to buy back in I have to go in at 51k, fuck me.

>>5631449
There were massive walls at 49.5, 49.78 and 50k too.

>>5631471
I was part of that wall.
Let's hope the 52k wall will stop people.

I never shorted REQ, the moment I do, no more pnd lmao.

Buy volume seems to have slowed again so I'm gonna wait. If it eats over half that 52k wall or it gets pulled though I think I'm going to have no choice but to go in at a loss.

I'd still be at a net gain from todays REQ daytrading so it's not the end of the world, fucking sucks though.

>>5631534
Unless he pulls it I think it probably will stop people, there's really not a lot of volume going on at the moment, it's just that there's no sell pressure.

>>5630775
Holy fuck check that chart. This is going to moon like never before.

comfy with my 35k REQ

>>5631555
the order books has been eating walls all night, wouldn't be surprised.

>>5631054
Bought at 700, sold at 900, rebought at 1200. Never selling it again.

Why does every buy order look like a fucking bot, I don't get it, why would the whales slowly eat their own walls? (Noticed this on the earlier wall).

Holding 9,000 REQ and 5.1 ETH, buy more REQ or stay put?

>>5631340
thank god my buy order got filled over night

>>5631282
>Offers two reasons that are completely subjective

new wall at 51.3k. That's good.

I need to buy back at 45k

Holy shit, it's the first time I short REQ, I slept so badly, waking up every hours to check the charts.

That's really not good.
What do you advise me biz

>>5631670
Are you new? That's whale buying it's own walls.

>>5631823
Yeah Bitcoin tanking briefly saved your ass. I'm trying to have iron hands and wait for it to drop back down but sometimes 5% just isn't worth it.

>>5631769
It's all psychology. The walls are there to mislead you.

>>5631854
Yeah I mentioned that earlier. What's the deal with that? I understand tiny, tiny buys, to trick people with the chart. But there's these systematic purchases of 597 and 2500. Wtf?

>>5631876
I know what walls are used for but that has nothing to do with what I said.

>>5631897
>but that has nothing to do with what I said.
What? It's literally the direct answer to your question.

>>5631931
See the first part of that last reply. It'd make sense if they were doing it with tiny amounts, but I've watched them literally eat half their wall to keep the chart looking up.

>>5631958
Again, it's to mislead you to think there is an organic pressure. And it works, since most brainlets here fell for it.

>>5631958
Yes, I saw that too, >it might be just 2 whales fighting each others.

Or really could be a whale eating its own wall to make people fomo, but doesnt seem like it

>>5632010
>2 whales fighting each others
Lmao, no such thing. Forget it.
>Or really could be a whale eating its own wall to make people fomo
Precisely.
>but doesnt seem like it
Only if you're new.

>>5632030
So where do you think the price is going today?

Are we going back to 0.45 or it's the moon mission?

why the fuck isnt this falling like the others? no reason for it to be up 20% while link is struggling to breakeven

>>5632081
>no reason for it to be up 20%
DYOR is not a fucking meme. Read the whitepaper and look at the coin and it's partnerships.

>>5632030
It's a good chance it's a pnd, since it's req after all. Still it's kind of a bad one usually /biz/ gets flooded with BUY BUY threads whenever req raises 10%. Now it's silent, nothing at all. All fomo'rs are looking at the Ripple charts.

Holy fuck Berlin-anon was actually right.

>>5632007
Wouldn't it be smarter not to constantly do buy orders of the exact same value then?

>>5632129
Well REQ raises and drops 30% any other day so it doesn't really mean anything

>>5632075
>back to 0.45
What do you mean? 0.38 was ATH. Price target for today is beyond my guess right now, but I am fairly certain it's going to moon. This looks like a pre-pump or insider-trading before some huge news hit. Other than my long-term stack of REQ, I'm all in with my day-trading stack. I'm selling the news at the top of the second candle on 30 minute chart, or approximately 45 minutes into the pump. Depending on how much it's going to correct I'll rebuy the dip.

>>5632104
Na he's right, it continuing to go up like this is not right.

the fact it keeps going up is honestly pissing me off

>>5632240
This. Please come down (to at least 49k).

>>5632123
>It's a good chance it's a pnd
>Now it's silent, nothing at all.
You answered yourself.
>>5632167
It would, but crypto traders are mostly brainlets so it works good enough. And it's not like the orders are same size all the time.

>>5632240
Same, it makes no fucking sense.

Fuck it, I bought back in on that 51327 wall, it was getting demolished. It's a loss but only 2/3 of the gains I got today from day trading so whatever. You win some you lose some.

Now it'll dump on me.

>>5632129
>>5632190
>>5632212
When do you lads reckon it'll hit .45, then?

Again, this fucker bought his own wall.
I'm stop this daytrading bullshit, whenever I make a move, it's money lost lmao.

>>5632296
Some time in January seems like a safe and not unreasonable guess at the growth rate of crypto.

>>5632296
You know you probably shouldnt sell at .45 if the new is that major, simply because of the amount of FOMO in these markets .

>>5632296
No fucking idea, maybe today. Depends on the news. 25% from here is not far-fetched.

>>5632266
>And it's not like the orders are same size all the time.
Yeah but.. right now I see 6 559, 3 265, 2 557, 2 740, and like 10 854 buys in the order history without scrolling. And they tend to happen directly next to each other in seconds. How dumb are people?

t. dumb person who bought back in anyway

>>5632421
The sell walls are just for us normies who think they won't get passed and put a sell order, then we fomo back in after the sell wall disappears.

T R I C K E D

>>5632515
reeee it's dumping again my hands were not strong enough

>>5632421
If you see a lot of small orders in quick succession it's artificial. Big order = probably artificial.
Buy into sell walls, sell into buy walls, especially if there's a gap, e.g. buy wall is at 2690 sats and the next buy order is at 2675 sats -> it's nigh certainly going down.
Once you learn to spot some of these patterns you'll win most of the time. Still, sometimes it's not worth trying to time it (such as right now).

so its going up because of what news ?

looks like its finally selling off now
glad I waited

>>5632691
Thats what we're waiting for.

>>5632691
>what news
None so far.

>>5632658
I dunno about buying/selling into walls just cos they're there, even if there's a spread. I do do it sometimes but it's really situational.

Also RIP my moneys.

>>5632711
I wish I'd waiting with you anon :(

>>5632691
Uh, there is no news? They even said there was going to be no news til the 5th yesterday.

A whale on such a small volume (not that small) can fuck things up so easily.

Is there any whale here who can tell me in average how much they gain everyday?

>>5632729
>I dunno about buying/selling into walls just cos they're there, even if there's a spread.
It's not the sole factor to consider, but it's a major one. Always try to figure out what the whale would want you to do and do the opposite. But sometimes you might make an correct decision and get JUST'd still. There's always a risk, it's not a fail-proof strategy. I got burned yesterday playing the bot during QSP pump, though admittedly I made some ADD-related mistakes.

>>5632030
Actually is more likely it to be 2 whales fighting , if you werent new you'd know that whales are constantly trying to fuck eachother up and we the poor people we are the collateral damage

>>5632891
>werent new
Nice argument m8, thanks for showing me the way. Just changed my whole strategy.

>>5632882
The thing is, sometimes by making a decision you make his decision. If a sell wall is up and nothing happens to it, he might raise it. But if you (and others) buy into it, he has a reason to dump everything and set lower walls to reaccumulate what he just sold.

>>5630775
My holds are FUN, REQ, and XRP
My body is so ready for 2018

>>5632950
Sure that can happen, but unless you're trading relatively huge volume at a time it's usually not worth it.

>rebounds back to 51000
ugh I give up
I'm going to sleep

>>5632950
>>5633120
As I said, it's not fail-proof. You won't have a 100% success rate. But you don't need to.

>>5632919
Good, so you come from that website that pays you one cent to shill worthless shit on biz

>>5633143
This is the correct thing to do desu. Just buy in at a minor loss (I assume this is your case) and fight another day.

>>5633193
Are you high?

>>5630775

I tried to tell you all yesterday. The normies will soon buy REQ and LINK and FOMO all over the place.

>>5633253
Ofc why not whatever you say pajeet

I only have 160 REQ and I'm happy it's going up, but the rest of my portfolio is falling...

>>5630775
Poorfag here, just bought some.
pls moon, pls moon

Derisked and exited, I'll always remember Request as my first alt.

>>5633325
> NOICE :D REQ to $1 soon.

>>5633294

You forgot one minor ingridient

>>5633355
sssshhhh

>>5633310
>t. I have no arguments so I'll call him pajeet instead
sure bud

>>5630775
Asian whale signals, get in for gainz https://discord.gg/ZHtnrdq

>>5633371
Stop trying to use white people comebacks on me pajeet

>>5633294
The thing is, so far we haven't missed anything exciting, everyone will hop on with all of the profits but none of the wait

>>5633437
That's exactly what a pajeet would say.

>>5633355

We're gonna make it brother.

>>5633355
Noo, I don't want to by LINK.

>>5633644
>he fell for the memes
LINK is a great project. It's stupid to not allocate 10-20% of your portfolio into it. It might do nothing for months and then suddenly 10x in a week.

>>5633703
fuck off with dont want your shit link shilling here you faggot

>>5633539

Holy shit that picture is good.

We sure are gonna make it brother

>>5633729

I'm starting to think people who post things like this are just trying to accumulate themselves and are waging a disinformation war in order to keep others afraid. FUD to accumulate as it were.

>>5633729
That's a buy signal if I ever seen one.

>>5633703
I invested in Ark instead. I don't want a portfolio full of ERC20 tokens anyway since they're probably doomed.

>>5633980

I'm a deluded ARKie, stinky LINKy, and a rekt REQ and loving it.

They make up 25% of my port.

>>5630775

nobody wants your bags anon

>>5633762
Welcome to linkies

>>5631054

I had 4.5k. Sold it trying to daytrade and it mooned, could only afford 3.5k. Was too butthurt to buy less for the same price and kept trying to daytrade to up my portfolio and chase those loses. It mooned again and now I could only buy 2.5k

I'd just jump in, your ass will only get more and more sore if you try what you're doing.

>>5633980
I used to be a deluded Arkie. Then ICX came along.
I still like Arkies and wish them well, for the memes are exquisite. ARK is a good project, but I don't think it's a good investment.

>>5631054
I said this about bitcoin. Bought at $200 sold at $600 and then stopped buying back in "because I already missed the moon.

Don't be me and just buy back in again before the true moon starts.

It started.

>sold my 60k ico stack at 40% loss because I thought I got confido'd

how do I kill myself

>>5634640
Glad I bought back in now.

>>5634663

Don't an hero, just buy back in and enjoy lambo.

>>5634663
tfw bought my stack at 40% below ico price.

Thanks anon! You paid for my new car!

fuck this shit, i'm leaving crypto

RIP, was that it? Should have sold at the top I guess...

>>5634818
Yes, sell now. It's over. It was a scam all along. Take your losses and move on.

>>5634864
I meant for today.

>>5634880
Day trading is clearly not for you.

>>5634894
Um... I'm up 10% today but ok.

>>5634910
Good for you.

>>5634910
>10% in this space
>Uhm...

>>5635135
I did 6 trades on the waves earlier.

can some explain us, what is the meaning of the token burning? the absolut number of req tokens will go down, cause the req token will burn?

>>5631054
>tfw bought at ico and holding for 2 years
gonna keep coming to /biz/ just for posts like this

>>5635150
Kek, and I held Ripple for 30%. Funny that. But I started on request margins, just don't get attached anon.

>>5634005
you're a faggot, that much is for sure

>>5635202
Ok, but I wasn't holding Ripple. I can't hold everything anon.

>>5634864
Wish I hadn't resold it at 55k :)

>>5635429
hold my bags pl0x

Why is this rising right now?

>>5635538

FUCK ITS GOING DOWN, SELL SELL SELL SELL

>>5630775
Can’t even hit 40 cents

>>5635581
Idiot

>>5635581
Fuck me, I should have been more greedy with my rebuy. Got back in at 54500 which was pretty fucking minor.

>>5631054
fuck you must wanna kys

>>5635592
>t. increasingly nervous noREQie

>tfw only 2k REQ
Got in at ICO prices. Chances of REQ giving me playground money to chase moon missions? ($5k-10k)

>>5635672
By the time that stack is going to give you playground money it will be too late to make it. I'm sorry. This market will not last forever.

>>5635625
Wrong

>>5635706
>3k

Well. I didn't sell the big spike, wondering if I should sell now and expect a sub 50k buy in or not.

Though, it's been so unpredictable the last few hours maybe it's better to just throw the towel in on this one.

I got milked

Nice the final shakeout has begun.

so it's going down now?

JUST

If anyone wants to see where Request could be heading in the payment world, take a look at Stripe.

They’re a payment processor backed by YC that pretty much came from no where to be a multi billion dollar company.

Before the ‘majority of YC companies fail’ argument pops up - yes the majority of venture capitalist backed companies fail, if you don’t know that obvious and well known fact you shouldn’t be investing at all in my opinion. What it does do is give them the best chance possible for major success as a start up.

Since YC seems to be all about collaboration it seems likely that Request would have the same access to resources that they did coming up, and even more now that Stripe made it big.

It’s incredible that Request are likely to get help from a company like Stripe along the way, and in my opinion it would be a dream for Request to partner with them.

From the front page of the YC site:

“I doubt that Stripe would have worked without YC. It’s that simple. Acquiring early customers, figuring out who to hire, closing deals with banks, raising money – YC’s partners were closely involved and crucially helpful.”

Patrick Collison, Founder

Stripe seem an overlooked comparison, I urge anyone interested to look them up. Being the same industry with the same backers makes their story very relevant to Request.

YC state in various places how focussed they are in helping their companies through the network of companies that they already have:

Because we fund such large numbers of startups, Y Combinator has a huge alumni network, and there’s a strong ethos of helping out fellow YC founders. So whatever your problem, whether you need beta testers, a place to stay in another city, advice about a browser bug, or a connection to a particular company, there’s a good chance someone in the network can help you.

Crypto signals:
https://discord.gg/9v2Dmmu
https://discord.gg/exwGHHE

>>5631827
>implying this is not now the absolute state of crypto

>>5630775

this constant shilling is pathetic

>>5633325
>I only have 160 REQ
ouch

And now where at the point where I shouldn't have bothered buying back in 2 hours ago. Fuck.

denied by bitcoin ~one hour before the final push to .50
JUST

>>5636362
Ooooh that's what did it. Fuck I really need to dedicated an entire monitor to my BTC chart.

>>5636428
Everything is dropping, REQ just so happens to drop faster because it was in the middle of a pump.
I'm just going to hold, no use selling at this point. It might bounce back. There's a good chance the whale is using the opportunity to shake out normies.

>>5636550
I'm definitely not selling at this point, I just wish my 54500 buy hadn't gone off.

We don't need you get rich today pnd pajeets swarming around this coin. It has steady, natural growth and is the comfiest hold of all time.

>>5636573
If that's any consolation to you, the order book looks bullish still. I don't think the pump is over.

>>5630775
https://discordapp.com/invite/2p2Jvbv

req will be giant according to this discord group of whales

>>5636634
Leave.

>>5636634
report this pajeet

>>5636650
SO after the PND, what price do you think this will be?

>>5636724
Steady uptrend. It might dip below the support line for a short time, but should stabilize around 2.4-2.5k.

>>5636910
Thanks anon, i'll sell then when the pnd seems to be done.

>>5636941
I'll probably look to sell just below 3k.

>>5636910
It feels like we've come so much less far than that shows :(
Days in the crypto world age me by months.

>>5636982
don't you think the pump seems to be getting out of breath.

ITS PLUMMETING

ABANODON SHIP, ABANODAN SHIP

FUCK FUCK FUCK FUCK AHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH

>>5637028
kys

>>5637003
Yeah, blame bitcoin. Anyway, it dropped too fast, there should be a bounce. Not selling just yet.

>>5637058
Alright thank you

1.3 million REQ sell wall kek. I like this.

>>5637245
Why would anyone do this

>>5637245
Lmao so I guess he s going to eat his own wall?

>>5637336
>sell now guys, it's not going any higher

Sell??

>>5637336
To scare brainlets into selling. Just like every other sell wall in the history of crypto.
>>5637370
Lmao that would be quite expensive.

>>5630775

LOL REQ is a SHITCOIN!

>>5637434
If only every shitcoin gave me 10x ROI in 2 months.

>>5637461
tfw only 2.5x with low investment because brainlet

>>5630775
Lmao REQ is making me green in this red morning.

>>5637461
For how long have you been into crypto mate?
Do you daytrade often?

>>5637682
Since October. I day trade when the market is right.

Fuuuck it's gonna fall back to my original buy in order pre-pump.

>>5630775
This shit hit .40 cents before the BTC dump. We're heading to $1 in January, folks.

Thinking about selling now, i'm afraid with the drop of btc and eth, alts are gonna bleed the fuck out, especially those pumped right before the crash

>>5636002
This desu. Fidget spinner will rule the world soon.

Jesus, 1.4 mil sell wall.. fugg

>>5638715
almost every single pump REQ established a new floor though and if it did fall below it quickly came back up
one day this token is going to moon like crazy and there will be a lot of pink wojaks
>mfw holding REQ

$1 jan 2018

the coin of our time

paypal 2.0

>>5638788
Yes, sell now. It will never go past that legitimate sell wall.

>>5630775
Why are people using 'PayPal 2.0' as the tag for this coin
What about its potential in accounting/finance/auditing, seamless transfers between every currency including fiat (cashing out anyone?)?

>>5638586

>>5638962
>mfw when PayPal 2.0 is actually FUD

>>5638962
That's the 2.0 part.

>>5631054
People like you should not be trading.

>>5631054
this is the new shit, buy low and sell even lower

>>5639462
kek

>>5638825
50k here and /comfy/

Tonight's moon and my baby FOMO hurts too much, I'm going to bed.

>>5639611
Are you selling before sleeping?

>>5639611
>sleeping in the midst of a pump

>>5639622
Nope. I never sell coins I actually want to hold long term while I'm sleeping. If they dip, they dip. But if they moon and don't come back I have no choice but to kill myself.

>>5639646
Na it's fizzled out imo. It might bump up again briefly but I doubt it'll break ATH.

>>5639662
Well if you don't plan to sell then it doesn't matter, that's true. But I'm looking for an exit point with my day trading stack.

>paypal 2.0 removing visa and mastercard fees
>implying banks are gonna let this happen
I still hodl desu

>>5639697
I day trade my REQ holdings desu, since I only have 3500. Missing a good flip would be sad but whatever. I don't even catch every one of them while I'm awake.

>>5639709
>Banks are all powerful omniscient beings.
>Implying they aren't run by fallible humans and in many cases outright idiots.

They're legal criminals but they aren't all powerful.

>>5639861
they are more than capable in ruining a small company, especially the one which needs partners in the financial sector... I wouldn't be surprised if they cocblocked the shit out of them

>>5639949
Yeah? How are they gonna do that?

>>5639949
I mean how are the gonna do that?

>>5639982
can't tell you exactly, but if they can blackmail a whole country...

>>5632691
buy the rumour sell the news..
there is no news

>>5635581
I would kill myself if I had gyno this bad

>>5640056
Lemme grab my tinfoil hat.

>>5630775
https://discordapp.com/invite/2p2Jvbv

this group called it way before it was "mainstream", great signals join the whales anouncing their pumps adn get free money, i x4 my investment in 10 days just following their calls

>>5640150
>Libya
>Iraq
>gold dinars and the fight to maintain the petro dollar

>>5640175

fuck off ranjeet

>>5640280
>petro dollar

>>5640150
you think paypal can operate without the support of big financial companies? say they blocked the use of their credit cards and bank accounts to the req project. People wouldn't bother to get to it via some obscure third party route. If there wasn't the option to send money directly to paypal wallet from your credit card, nobody would use it.

Alright lads, it's about to break out any minute.

>>5640150
greece was literally pumped and dumped
its unrealistic to think banks are going to stop blockchain tech though
thats like the post office destroying the internet to secure their jobs

>1M sell wall

alright guys see you next moth

>>5640341
>>5640429

>>5640378
Once that 28 btc sell wall drops, maybe

>>5640458

month*

>>5640458
I hope you sold. See you.
>>5640472
>sell wall
>he doesn't know

Just like yesterday I will warn you guys I'm going to buy another 2 BTC worth of REQ. Don't sell your REQ let Reddit normies dump their "bags" on me. Delicious cheap REQ.

I and a lot of online store owners are accumulating REQ. I fucking love that reddit keeps dropping the price low so that I can have another wave of buying. But I like most (oldfag) /biz/raelis so don't sell

>>5640339
>federal reserve

>>5640493
I mean, I know it's fake.

>>5640551
>>>/pol/
>>5640564
My bad. Most don't, so it's easy to assume.