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/biz/ - Business & Finance


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File: 50 KB, 850x400, quote-i-don-t-look-to-jump-over-7-foot-bars-i-look-around-for-1-foot-bars-that-i-can-step-over-warren-buffett-26778.jpg [View same] [iqdb] [saucenao] [google]
5850071 No.5850071 [Reply] [Original]

I have a pretty crazy theory that I want to share
I have been thinking for a while that something seems suspicious about the way the market has been moving lately. Isn't it strange how most of the coins pumping are all "cheap" as in they are less than $10 per coin? Isn’t it strange how the crypto market cap grew by $58 billion today, but Bitcoin’s market cap did not change at all? Then I had a realization. What if everyone is being played by a greater power. If you don’t like conspiracy theories stop reading now.

Everyone has been justifying the altcoin surges as Bitcoin taking a rest and dumb money chasing “cheap coins”, but what if it is actually institutional investors using alt coins in order to accumulate Bitcoin. It makes a lot of sense. If you look at the dates the surges started

XRP - December 8
XLM - November 27
IOTA - November 6
ADA - November 27
XEM - December 8
The futures trading press release went out on December 1, but what if some people knew that it would be approved ahead of time? If you are an investor with deep pockets you have a problem. You want to be able to bet on Bitcoin’s future price, but you don’t own enough Bitcoin to be able to manipulate the market (it is much easier to gamble when you control the outcome). You need a way to accumulate. Articles start to hit the press about how a small group of whales control a huge amount of the supply of Bitcoin and that makes it dangerous, etc. Big players are trying to convince people that Bitcoin is not a safe investment. Lots of bubble talk spreads. Jim Cramer says you are better off going to Vegas than buying Bitcoin. It doesn‘t scare the public away.

>> No.5850093

>>5850071
These investors are usually the ones who get first stab at new assets. They get to invest early in companies, they get first stab at IPO shares when a company goes public, but with Bitcoin they are late to the party. How are they going to accumulate? They aren’t stupid. They realize that driving the price of Bitcoin down too much to buy cheaper will scare people away from the market, and there is a limited amount of downside (it can only go as low as $0), but there is an infinite amount of upside. They also don’t own enough Bitcoin to crash the market that far. So what do they do?

The answer is: find alt coins that are “cheap”. They know that if someone has to choose between a $15,000 dollar coin and a $1 coin they will choose the $1 coin every time. It is a psychological thing. Everyone just looks at the price and believes that $1 coin can also go to $15,000 one day. So if institutional money starts to buy up huge amounts of these “cheap coins” and gets the general public on board, they can then accumulate huge amounts of Bitcoin without the Bitcoin price changing at all because alt coins trade against Bitcoin! If you want to quadruple the amount of Bitcoin you have, it is much easier to pump up a smaller coin and sell it, than it is to drive down the Bitcoin price 4x to accumulate more for the same amount of USD.

Take a look at some of the headlines lately. I suspect the press releases are also coordinated:

RIPPLE to become the new BITCOIN? Surge in new cryptocurrency as banks FAVOUR it
Bitcoin latest: Ripple’s XRP is best-performing cryptocurrency with 380-fold increase in 2017
Bitcoin price WARNING: The cryptocurrency will burn out in SPECTACULAR CRASH
Bitcoin is Akin to Gambling, Causing Egypt to Ban It

>> No.5850135

In addition to these alt coin surges, every time Bitcoin looks like it is going to break out a new sell wall appears and some market selling into the buys begins to drive the price back down. To me this is a very well executed effort to hold down Bitcoin’s price while accumulating more by pumping alts. I noticed earlier today a $1 million buy wall on XLM that was moving up as the price increased. Is that how a normal person would buy up XLM? It is possible, but I doubt it.

I know it seems wild, but if this theory is correct then it means at some point there will be a pretty fantastic dump with alt coins and a giant surge for Bitcoin.

Of course, I could also just be thinking crazy thoughts.

>> No.5850290
File: 24 KB, 188x260, the-thinker-3.png [View same] [iqdb] [saucenao] [google]
5850290

>>5850135
>Of course, I could also just be thinking crazy thoughts.
Of course.

>> No.5850319

Well yeah

>> No.5850333
File: 669 KB, 1152x1284, 1514988951267.jpg [View same] [iqdb] [saucenao] [google]
5850333

H-have a b-bump

>> No.5850448

>>5850071
So bitcoin isn't slowly dying? When will it surge again?

>> No.5850460

Or you know Bitcoin could just be slow, outdated, rapes you in fees, and that newer technologies are actually good. I would much rather fucking Ethereum be the new king of cryptos than Bitcoin.

>> No.5850462

Tbh, I thought about this too. Especially with the late ripple behavior. No news or whatever can justify this increase. It’s getting heavily pumped by banks/investors and distracts people from what is actually happening.

Look how bitcoin behaved lately and it’s very obvious. Accumulating phase! Every breakout gets stopped immediately by insane sell walls that pop up in a matter of seconds and instantly disappear.

Question is when? Maybe 25% btc dominance? Maybe ripple overtaking btc?

>> No.5850470

Some things up. All the coins you mentioned have a bazillion coins in circulation. I suspect it's easier to make more stable gains if a coin has a ton of coins to buy up.

>> No.5850495

Why even care when 99% of /biz/ is too small to control any part of the crypto market. Just hang on and make some $$$. Fuck it

>> No.5850499

>>5850071
>>5850093
>>5850135
I don't think any of these thoughts are crazy conspiracy. There is market manipulation going on for sure, which means some very rich people doing everything they can to work it all in their favor. The great alt coin dump will happen.

>> No.5850516

>>5850071
I think your theory is definitely plausible. I don’t know how likely it is and I don’t know how biz would take news like this because so many of these fags, myself included, don’t hold BTC anymore.

I just think at the end of the day, 2018 is going to be all of cryptos year, along with 2019. The market cap across the board is going to explode because people are starting to wake up to the idea of cryptos and tokenization.

>> No.5850548

>>5850460

The technology does not matter so much. Bitcoin is THE gateway into crypto and will probably always be. Also it’s the biggest brand (and limited).

>> No.5850572

>>5850071

well said anon

this has been my suspicion as well, this alt hype, especially xrp could be a combination of taking advantage of normie bucks who buy cheap coins and the plan to accumulate btc and finally dump alt bags on "stupid money"

only time will tell, but this might go on for a while

>> No.5850610

>>5850470
>easier to make more stable gains if a coin has a ton of coins
Wait, is the market cap meme real? Do you people really not understand how valuations work?

>> No.5850692

Can someone please explain this to a retard (me) why is it that on kucoin right now ETH/USD is 926 but on Independent Reserve its 996???
pluz i am seriously dumb

>> No.5850696

>>5850572
But isn't XRP already being used by the big banks?

>> No.5850716

>>5850610
no retard? we just pump money into shit we like and fuck off in our lambos.

>> No.5850744

>>5850071
I think alts swap much like fiat currency pairings do, as an inflation of sorts
It's absolutely an experiment IMO, Bitcoin first surfaced in a big way right after the financial crisis, shadowy creator..
I think the whole market was planned from day one, I always have. Just my .02
/tinfoil

>> No.5850773

>>5850548
You do realize that buying cryptos with ETH vs BTC is cheaper, faster, and most exchanges already have ETH pairings for all their listed Cryptos right?

>> No.5850784

>>5850692
>fake money has fake exchange rates decided by fake brains

>> No.5850811

The pump also serves another purpose. I spend 1 BTC on XVG turn it into 6 BTC and want to take profits, I convert the XVG to BTC and sell the BTC for USD on GDAX.

So by pumping these alts they are actually causing sell pressure on the price of BTC as people cash profits. So they can profit from the alt pump, get more BTC that way, and buy BTC with USD at depressed prices from people cashing their alt gains.

The altcoins pumps seems coordinated and I start to think something like this. A big player organizes the game.

>> No.5850845

>>5850696

i donno is it?

i fucking hope so

for all i know they have been dumping for the last 1-2 weeks while printing more in (((their))) xrp labs

its fucked that the devs own 60% and more xrp can be printed - not to mention the possible otc deals..

>> No.5850942

>>5850811
holy post well done anon im out
also capped
also possibly gassing myself as i can't withdraw until tuesday

>> No.5850950

>>5850811
When it crashes and NEETs lose their altbux, fiat, and are massively in debt as a result, the Great Heroes will introduce UBI and then it's LIGHTS OUT for the skill-less VR Matrix-Bots whose cradle-to-grave existence will be logged in The Blockchain. This whole fucking thing is demonic.

>> No.5850963

>>5850811

why would you cash out with BTC when you can do it with ETH?

Not to poke holes in the theory, because i do agree. Unless you're coming from a normie angle

>> No.5851069

>>5850811
that creates as much buy pressure as it does sell pressure

>> No.5851070
File: 418 KB, 1080x1920, Screenshot_20180104-000707.png [View same] [iqdb] [saucenao] [google]
5851070

>>5850845
Heh. Speaking of.

>> No.5851091
File: 186 KB, 431x445, Näyttökuva 2017-12-30 kello 19.52.53.png [View same] [iqdb] [saucenao] [google]
5851091

..not to mention the amount of newbies who have taken out loans, mortgaged their houses and put their pensions, life savings etc into crypto in the last couple of months

if the dump happens it will be a shift of capital from wagecucks to the big players of epic proportions

how many people will default on their loans, lose their house and life savings?

how bad will this shock economies?

>> No.5851127

>>5851091
How many people actually took a loan, let aloan mortgaged their house? Very very few.

>> No.5851131

>>5850071
Your theory is not a bad one and definitely made me think. I would say that bitcoin price was manipulated for a long time. Who wons most of it? China and their mining farms. They " banned " crypto, right? Why? And how does this ban really work out for them?
Now to alts. How many different people own them? I don't know if there is a way to check it, but my very uneducated guess is that lots of people.
What if the shill on alts is the way to throw China's dominance over BTC and it's an effort to prevent the market manipulation by preventing people who hold the most of it to have a humongous advantage and a way of controlling alts market by controlling the price of bitcoin?
I'm not sure but your theory+ a shit ton of the dumb money flooding the market, plus some shady government/institutions fighting over the market share may be a good explanation.
It's important to bounce this kind of ideas because we are a small fish and we need to understand what's going on to try to make it.
How would a higher dump of alts happen?
The complete shit coins are easy to tank but the good coins will hold their ground. The decoupling of the alt market and BTC market already started. The alts start to (slowly) move independent of bitcoin. They are not crashing to nothing with bitcoin but do seem to fly with bitcoin increasing ( not all of them but more and more)
I got out of BTC and right now I'm doing ETH and LTC pairs substantially reducing my ETH and LTC holdings in the process.
At the end I'm not sure who is right, but I'm sure that we all need to be careful and do much more research than we are used to.

>> No.5851142
File: 78 KB, 437x601, newworldcurrency.jpg [View same] [iqdb] [saucenao] [google]
5851142

>>5851091
You're missing the bigger picture

>> No.5851161

>>5850950
>VR Matrix-Bots whose cradle-to-grave existence will be logged in The Blockchain

good luck, I'm behind an unknown amount of monero

>> No.5851165

>>5851091
$UBI incoming.
>Take your vidya ration and go back to your room, slave.

>> No.5851218

I'll tell ya hwhat, anons. It's never as good as a normie thinks it is, and never as bad as a retard schizo like >>5851165 says it is.

>> No.5851219

Someone please explain to me what makes bitcoin special? It was first but it’s fees and speed are so bad and it gets a new fork clone every month.

>> No.5851235

whether it's late adopters getting tricked by the "bitcoin will get replaced" or "next bitcoin" meme or what you say, it doesn't matter, because whales and institutional money are using these shitcoins to accumulate bitcoin either way, so the pump and dumps will play out in the same way, with the dumb money holding the bag because they actually believed any of them could replace bitcoin.

>> No.5851247
File: 11 KB, 220x229, 08350.jpg [View same] [iqdb] [saucenao] [google]
5851247

>>5851127

we can't know for sure, but if you have been analysing social media it could be quite a few

>>5851142
>>5851165

>> No.5851336

>>5851218
Being 41 with a skill and a job and savings and land, I'm not particularly personally worried about the /biz/tards future enslavement, mind. If you can't look at /biz/ in its current state and see just how poisoned the crypto-well has become, you're not schizo--you're just fucking retarded.

>> No.5851341
File: 178 KB, 486x480, weg3.png [View same] [iqdb] [saucenao] [google]
5851341

>>5851070

MAKE IT STOP ITS NOT FAIR

>> No.5851375

>>5851070
Is he Satoshi?

>> No.5851606
File: 629 KB, 600x800, 1506552564953.png [View same] [iqdb] [saucenao] [google]
5851606

These pumps we are experiencing arent organic and feel manipulated as fuck. You just went a step ahead and performed some due diligence.
We are going to experience some pain.
Buy the dip

>> No.5851628

You deserve a bump OP. Good post. I can't work out for the life of me why TRX and FUN has mooned so incredibly in the last few days for no reason. You might be on to something, might not, either way you really made me think!

>> No.5851639

The question is, as someone holding a lot of altcoins right now, should i sell them all and buy ripple instead?

>> No.5851971

>>5850071
>Maybe 25% btc dominance? Maybe ripple overtaking btc?

Methinks OP may have bitcoin bags from when it was closing in on 20K.

>> No.5852129

Maybe instead of financial institutions or (((they))), its simply just big time coin whales. They are pumping alts and holding down btcs price, to accumulate more btc or eth.

>> No.5852144

>>5850692
Yes.

Exploiting that price difference between exchanges is called "Arbitrage," and enough people doing arbitrage will slowly converge the prices down to whatever price difference has zero-return for continuing to exploit it in that way. Often this price difference is not zero as you would think, because sending ETH and USD between the exchanges (mostly USD) has a (usually) large fee. So that price difference you are seeing is likely not exploitable, and if you were to buy on one exchange and sell on another, the fees would wind up equaling the price difference, roughly. That said, money CAN be made doing arbitrage, but the more people doing it, the less you can make.

>> No.5852218

>>5850773
Core cucks think this is January 2017. ETH has taken the rightful spot for defacto crypto

>> No.5852283

>>5851142
That was a really fun thread.

>> No.5852532
File: 286 KB, 1514x936, 1515046945733.png [View same] [iqdb] [saucenao] [google]
5852532

>> No.5852722

Bumperini bumperino

>> No.5852805

>>5852218
We're post-"rightful."

>> No.5852935

>>5852218
>ETH
Doesn't scale

>> No.5852942

>>5852532
a lot of those big addresses are exchange addresses.

>> No.5852947

>>5850333
check'd and kek'd

>> No.5852960

>>5850333
No matter how fake it is, that picture is hilarious.

>> No.5853097

>>5851142
So this is really autistic but in the sentence "can britain keep booming" you can create the word "bitcoin" without using anything twice

And in the sentence "takeshita comes to town" you can create "satoshi nakemoto" without using anything twice

Too spooped to keep going, thats a rothschild owned magazine

>> No.5853142
File: 61 KB, 800x748, NP.jpg [View same] [iqdb] [saucenao] [google]
5853142

>>5853097

>> No.5853176

>>5851142
>>5853097
Where it really gets good is when you look up the Jewish Gematria value of words like 'satoshi'.

Hint: It's got the same number as Phoenix.
http://www.gematrix.org/?word=satoshi

>> No.5853274

>>5850773
THIS
THIS
THIS

>> No.5853332

>>5853142
>>5853176
Should I put on my tinfoil hat anons

>> No.5853340

>>5850071
everyone ITT is now aware that all markets are manipulated...crypto is not immune...

>> No.5853393

>>5853332
>off by one
not yet anon, not yet

>> No.5853436

Do you guys think the reason SEC has nothing against pump and dump groups and similar shady stuff is because of massive market manipulation to help their whale friends who can't do this in the stock markets?

>> No.5853477

is this post connected to this >>5853360
>>5853360
>>5853360
>>5853360

seems like some real insiders have been popping in and out of /biz since december

>> No.5853601
File: 41 KB, 620x465, 1449638077552.jpg [View same] [iqdb] [saucenao] [google]
5853601

>>5851161
>good luck, I'm behind an unknown amount of monero

>> No.5853611
File: 434 KB, 319x240, 1491837936802.gif [View same] [iqdb] [saucenao] [google]
5853611

>>5853097
Crap

>> No.5853619

>>5850135
You're overthinking. The new crypto currency 'investor' has no idea of what market cap is. That's why they buy 'cheap' coins. They seriously expect ripple to hit $900 like ether did.

There's also a new factor influencing the choice for 'cheap' coins: a lot of new investors are from third world countries. They invest tiny amounts, usually less than $500. As they buy bitcoin from sketchy, untrustworthy exchanges they hesitate to make larger deposits. I personally known 3 people from Latin America who invested less than $500 in Ripple, Stellar, and Cardano having no idea of what these coins are supposed to do. They picked these coins because they were being shilled on Facebook and because they are 'still cheap.'

>> No.5853722

>>5853619
>The new crypto currency 'investor' has no idea of what market cap is. That's why they buy 'cheap' coins. They seriously expect ripple to hit $900 like ether did.

Literally nobody thinks that you fucking at idiot. At best 1 out 1000 people who invest into the crypto markets think that. Biz isn't all there is to crypto, retarded faggot.

>> No.5853778

>>5853722
If "investors" were the people "investing," they wouldn't be buying the things they're buying the way they're buying them.

>> No.5853783
File: 38 KB, 720x558, 1497234254688.jpg [View same] [iqdb] [saucenao] [google]
5853783

>>5853722

>> No.5853798

>>5853778
What the fuck does that have to do with anything you cum guzzling cock gobbler

>> No.5853843

>>5850071
Bitcoin is not the crypto that will go on or become THE CRYPTO.
It’s technology is already behind and this matter will get worse in the upcoming years.
While I do believe (((they))) are making moves to avoid the transfer of wealth and freedom cryptos will allow I don’t think they’re that concerned about accumulating bitcoin, in any case (((they)) are already big players in bitcoin. Do you know what Blockstream is?
I think they know that the great revolution blockchain will bring is not bitcoin but all of the different applications alts have. Cryptos like Ethereum, Enigma, xlm take power away from them and eventually they will have to buy in or stay behind, leading to a transfer of wealth and more importantly change in the system. A word where banks can’t retain ur money during transfers, a word where they can’t put massive entry barriers reserving investment for the rich, a world where their inflated and manipulated currency is no the only option, where everything can potentially be recorded in the blockchain to help hold institutions accountable.
That would be a real game changer and I know I wouldn’t want it if I was comfy at the top.

>> No.5853852

>>5850811
Sheeet. What do we do?

>> No.5853905

this is literally what ripple is... a few other coins probably

>> No.5853990

>>5853843
You know how we mention "stupid people" every now and then?

Yeah, you're one of them buddy

>> No.5854006

>>5850071
Well no shit, whales do exist. and futures investors would consult whales due to unregulated insider trading.

Mcafee literally shilled for XVGwhale on twitter, in plain sight , he is now a millionaire and i bet mcafee took a cut.

as far as xlm/xrp , yeah well i see the amount of mainstream shilling.

Really with all this crap there is nothing you can do about it, may as well find a pattern and profit off it./

>> No.5854120
File: 80 KB, 1010x1024, fashwave ride the tiger.jpg [View same] [iqdb] [saucenao] [google]
5854120

>>5854006

>may as well find a pattern and profit off it


RIDE THE TIGER
I
D
E

T
H
E

T
I
G
E
R

>> No.5854146

>>5850071
I think you are right but also for ether. It's pretty much confirmed ether futures are also coming (probably nasdaq) which means there are going to be two etfs: btc and eth. Once that happens other coins are going to be left in the dust.

>> No.5854158

>>5853778
The main characteristic of bubbles is that people stop paying attention to fundamentals.

>> No.5854201

>>5854158
This is a perfect-storm of bubbles because they can say "there are no fundamentals in crypto!" and actually be able to believe it.

>> No.5854204
File: 41 KB, 557x378, opticalFlares_1515052523.jpg [View same] [iqdb] [saucenao] [google]
5854204

>>5850071
such post not allow on 4chan, remove post now

>> No.5854218

>>5850071
If you're saying there's insider trading...newsflash...this is an unregulated decentralized and insider traded market. There is no doubt in my mind large silent krakens are at play; the whales cannot even compare.

>> No.5854250

>>5854158

How do you even begin to analyze "fundamentals" in the crypto space?

There's no quarterly earnings report, no assets/liabilities, nothing in terms of traditional "fundamentals" as they pertain to stocks.

It's literally who can innovate the fastest and garner the most public support first.

>> No.5854262

>>5853722
They do think like that. Right now there's a thread shilling Tron 'because it's less than 0.10.' Look at the catalog.
There's a thread shilling Reddcoin because it's cheap also.

>> No.5854352

The only flaw with this theory is that this BTC-moon then alt-moon cycle has been going on for years. It's always the same, BTC blasts off, alts get justed, then BTC corrects and alts all pump while BTC consolidates. it's happened every time before and will happen again (when XRP starts crashing will probably be the signal for the beginning of the end of this alt pump, so that's when to get back into BTC).

>> No.5854359

>>5854218
The Segwit2x event is when I began to realize this. The magnitude of manipulation and insider trading in the crypto market is unbelievable.

>> No.5854414

>>5854250
>>>5854158 (You)
>
>How do you even begin to analyze "fundamentals" in the crypto space?

By asking very simple questions.
1) does anyone use this coin?
2) if not, will it be used in the future?
3) can it reduce costs?
4) is the team qualified?
5) whats the GitHub activity?
6) do devs write good code?
7) do developers have incentives ($$$) to keep this thing alive?

New investors are ignoring all that and going for cheap coins that rise fast. It's the penny stocks mentality. This will end badly.

>> No.5854439

>>5852935
Is scaling faster than bitcoin while also performing triple the number of transactions while also being more decentralised.

>> No.5854477

>>5850071
>Normies don't wanna buy parts of btc
>Normies don't wanna buy something worth 15k
>Normies think they can buy 30cent coins and ride to 15k

>> No.5854481

>>5854414
SC is a good example of blockchain that "does something."
A billion dollar Dropbox startup.
k.

>> No.5854507

>>5853843
This.

>> No.5854512

>>5854414
reminds me when people were paying 10k to register random shitty domain names like feeb.com . dotcom boom was retarded

>> No.5854671

>>5850071
bitcoin is an actual bad investment you nitwit.

if bitcoin were to mass adopted (pretty much the goal of bitcoin) it would not scale. It is technologically infeasible due to its data structure and mining system.

It is absolutely not a safe investment. Just read the white paper, wikipedia the math stuff you don't understand. Put two and two together.

The rise of these alt coins is not coincidental, they do things that btc can't

XRP, scales linearly because no dumb mining system (cooperative nodes instead of competitive), and it doesn't store every transaction ever made, unlike bitcoin.

XLM, fully anonymous, unlike bitcoin where every transaction is traceable.

IOTA, storage complexity doesn't scale much better than btc, but transaction speed increases as more nodes are added, so the network scales..


I can go on all day, btc is just an inferior product and people with actual math and computer science knowledge have started chiming in

>> No.5854672

>>5851971
This.

>> No.5854778

>>5854481
>>>5854414
>SC
>A billion dollar Dropbox startup.
Keep in mind that 1 billion dollars is the value of circulating tokens, not the value of the startup that develops SC. The company's value would be much lower.

>> No.5854981

>>5854778
Right. What I seriously can't wrap my brain around is why a cloud-storage-blockchain solution needs its own currency. Is the idea that I'm going to use my ETH to get SC so that I can spend ($5USD) for storage? Who wants to do that?

>> No.5855091
File: 1.41 MB, 280x210, 1501051670510.gif [View same] [iqdb] [saucenao] [google]
5855091

>>5854981
Storage can never be decentralized, and if it was, it would be for pedo's anyway. yeah seems as useful as DentistCoin.

>> No.5855092

>>5850696
Yes

>> No.5855124

>>5850696
Yes, the main function of Ripple is to supersede SWIFT

>> No.5855301
File: 394 KB, 1317x864, Your Retarded Theory.jpg [View same] [iqdb] [saucenao] [google]
5855301

>> No.5855329
File: 260 KB, 1920x1080, Terminator.jpg [View same] [iqdb] [saucenao] [google]
5855329

>> No.5855452

>>5855301
Agreed, bank want to be the main player in decentralized payment systems. XRP/XLM are the potenial players

Thats why privacy coins will be huge demand, especially likes of monero/navcoin (not verge, its flawed)

More reason why platform coins ( eth,etc,ada,lisk etc.) are the only suitable long term investment.

>> No.5855533

>>5855452
>Platform coins
>wanting people playing games on your blockchain while you try to conduct a billion-dollar business

People are waiting 8-12 hours for ETH confirmations right now. 30%+ uncle rate.

Privacy coins have a future, because of the black market. Other than that, you will see coins designed by business/government for business/government. Because they are not fucking around with their money.

>> No.5855623

>>5855533
ADA will solve all ETH problems apparently. But ETH is the best there is so far.

Yeah, thats true about privacy coins, remember bitcoin boomed for that exact reason.

Ive heard alot of talk about how crypto feels like an experiment to establish a one word currency, xrp feels exactly like that.

But really what more can people do other than sit back and profit ?

>> No.5855632

>>5855533
I liquidated yesterday. Took Kucoin 9 hours to get my shit to Coinbase. Once normies (not known for their patience) realize they're a half a day away (because crypto-pussies) from using their internetbux for emergency weed missions, this whole stupid house is going to collapse.

>> No.5855696

>>5855632
Im already seeing panic with nomies not setting their TX fees correctly and getting their BTC stuck in mempool. Its a normie meme to think you can choose the TX fee and confirms dont matter. pajeets are already scamming with fake transactions for this reason.

>> No.5855720

>>5855623
>XRP is that. That's why its the only coin I hold.

>>5855632
I'm waiting on an ETH transfer with 0 confirms so I can buy some more XRP.

>> No.5855744
File: 189 KB, 1600x900, frodo holding ripple ring.jpg [View same] [iqdb] [saucenao] [google]
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>> No.5855794

Virtual reality is the future. A.I. relations are the future. Bitcoin and crypto are the future. I really hope anyone holding real physical gold sells that shit now before crypto really does overtake gold. Which it will. Early VR games are already making people care less and less about the real world.

>> No.5855829
File: 447 KB, 1920x1080, One crypto to rule them all.jpg [View same] [iqdb] [saucenao] [google]
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>> No.5855915

>>5855794
>Early VR games are already making people care less and less about the real world

Yeah im finding more people talk about it, usually the depressed kind of people, I personally want to stay away from that shit.

The gold meme will die , just like the spice meme did, the pearls meme, the dotcom meme, and the silver meme. It will be literally be no longer be mined and used only for microplating circuits.

>> No.5856021

>>5855915
>>5855794
We're approaching a self-imposed Matrix-like existence where UBI slaves use INTERNETBUX to buy nonexistent goods in a VR world. The people who thought TV made people complacent had no sense of scope for just how willing people are to turn themselves into jacked-in Nothings.

>> No.5856177 [DELETED] 
File: 122 KB, 800x1150, olie.jpg [View same] [iqdb] [saucenao] [google]
5856177

BTC pairing makes the whole thing a bit nonsensical.

Why the fuck would the marketcap go up on bitcoin if I bought it above marketprice, then I switch that btc for a shitcoin, again above by marketprice, which makes the marketcap of that shit going up up too. So with 1 unit I have made the marketcap go up on two different coins (btc and the shitcoin).

This is beyond stupid. I understand its not a 1-1 thing, but, realistically, BTC marketcap represents the majority of real investment in cryptocurrency.

>> No.5856207

>>5856177
> BTC marketcap represents the majority of real investment in cryptocurrency.

this. Its the OG normiecoin

>> No.5856209
File: 115 KB, 640x930, bitcoin meme ball.jpg [View same] [iqdb] [saucenao] [google]
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>> No.5856757
File: 39 KB, 388x388, pepe neon glasses.jpg [View same] [iqdb] [saucenao] [google]
5856757

>>5854414

Well, you can't really predict the future, but you can evaluate viable use-cases.

A qualified team is definitely a consideration. Money flow also a big one. Making sure the GitHub repos actually have real updates and not just "moving stuff around" updates, also good.

What draws me into a coin or token is whether it is a novel platform that enables a new paradigm of activity on blockchain technology, or whether it is developed for a niche that caters to companies that make billions of dollars of revenue each year that can offset costs via adoption. Companies always want to make more money, if adopting and integrating a new blockchain tech enables that, they'll burn $800 million to make $200 million more every year. Find a coin whose tech offsets $1 billion in costs and I'll ride it straight to the moon.

>> No.5856790

>>5853332
>>5853393
no thats the skull and bones digits.

Yale illuminati grooming

>> No.5856812

>>5856757
>tech crippled by crypto-pussies
We're still in alpha.

>> No.5856857
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5856857

>>5856812

>tech crippled by crypto-pussies
>We're still in alpha.

What did he mean by this?

>> No.5856914

>>5856857
>>5856812

Trying to justify why ETH is shit with empty promises that it will someday be updated, (even though etherium developers dont give a fuck and just want to unload bags)

Buy ADA, the only solution.

>> No.5857663

>>5854671

XRP is no blockchain. its horseshit
XLM is not fully anonymous (i really had to laugh here)
IOTA is not working right now, its just theory

You can go all day talking bullshit, yes you can

>> No.5857683

bitcoin 1 mega byte

this 4chan board is served to you with more than 1MB block.

go and buy a floppy disk, faggot.
nobody wants your BTC bags.

>> No.5857715

>>5850071
>what if it is actually institutional investors using alt coins in order to accumulate Bitcoin

Surely everybody already here understands that is the starting point of every trade decision you make?

No "What if", kid. That's rule one of the crypto game. We don't say "stop measuring your gains in worthless fiat" for nothing, you know.

>> No.5857770

>muh arbitration is manipulation
Welcome to the market kiddie

>> No.5857951

>>5850548
>Also it’s the biggest brand (and limited).

Brands come and go. The fact that something's limited doesn't necessarily make it valuable. What people really want is a good ROI.

>> No.5858139

Get into this PnD backed by whales. Guaranteed profits.

https://discord dot gg/hTTEEt2

>> No.5858140
File: 10 KB, 350x420, 2EA42FCE-03A0-4AD3-AC8E-14B4D11B82C7-1761-00000263C2C60202.png [View same] [iqdb] [saucenao] [google]
5858140

>>5851628
>Why FUN has mooned

Because FUN has a working product coming out in a month.

>> No.5858387
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5858387

Tfw want to invest in crypto but poorfag and not yet 18

>> No.5858489

>>5858387
litebit.eu with tier1 certification, which is just phone number not more you can buy like 1000€ a week, 250€ max / daily deposit with sepa

no need to be 18
i guess others wont take it so seriously either

>> No.5858582

you mean now that we have CBOE futures and everyother bitcoin market is a wildwest galore with no regulations people will exploit this to manipulate the price?

very shocking news never saw that one coming how could this EVER happen

>> No.5858839

>>5850333
Can we just use the name Durgesh instead of pajeet ?

>> No.5859454

>>5858489
Is it worth it? Would I even make much at all?

>> No.5859551

>>5859454

Ada, xrp, neo are safe bets right? there are some that have real users / products, but still a lot of scam
>>5853360

or go with small sum all in in low-cap coin on kuCoin

better than stocks and interest

>> No.5859598

>>5859551
Do you have any resources where I could learn about it?

>> No.5859605

>>5850071

Its called smart money

>> No.5859816

>>5859598
im not sure what you mean, coinmarketcap, look here, watch youtube, look at the dev team, git hub, the roadmap, active twitter/ community

and well like with stocks if you like the product by it.

https://www.youtube.com/watch?v=RRjfbR44F9A&t=1s

check this dude out at 15 mins it gets even more interesting
>90% coins are scams,
>ppl want to buy coins that 10x, 50x fast, doesnt matter if its legit or not
>panama papers and other leaks shame rich people to bring money back to USA;EU they invest partly in crypto to avoid tax and so on

so hes assuming there will be a superbig bubbleburst at some point in the future maybe at 7 trillion or even much later

at that point you will be happy if you invested in skycoin or ark, xrp, ada i guess wich are legit product and others of course

but until the bubble bursts you can buy scam coins more or less, because the whole market is going crazy and it kinda doenst matter which coin you buy (ofc you still want the mooning ones)

>> No.5859914

>>5859816
So I would still be able to do well using litebit.eu ?

>> No.5859972

>>5859598
>>5859816
also this
https://www.cnbc.com/2017/12/26/ten-years-in-nobody-has-come-up-with-a-use-for-blockchain.html

blockchain is just a database right? It can be a fast db and very secure one, but still it just more?

do i want in 20 years to hold all my assets in blockchain and if i loose my priv key or get hacked all is gone?

boomers hate the idea, i'm not super in too it either but at least the banks can't triple lend my cash out to others and i have my money but still

>>5859914
sure buy there than transfer to binance or whereever,

maybe you can use another exchange better

i just used it because i wanted sepa and it got shilled on a german forum>>5859914

>> No.5860248

>>5853843
>eth
>not a Jewish coin
Fucking newfag