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/biz/ - Business & Finance


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6267864 No.6267864 [Reply] [Original]

I’m not seeing a lot of optimism in /biz/ right now, so let’s try to change that.
ITT we are twitter crypto investors

>What is going on? Why does it keep going down? Is it all the FUDs? I bought my first 10 XRP shares last week at $3 now it’s $1!! @Ripple can you tell us about a new partnership to fix this? I guess I’m joining the #hodl gang! Because I think XRP is going to be 5000 very soon! So everyone should buy buy buy $XRP #xrp #ripple #xvg #trx #crypto #cryptotrader

>> No.6267921
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6267921

Twitter hasn't stayed there. We've had such an influx of newfags since XRP spiked, its awful.

>> No.6267990

>>6267921

OMG poor baby man WTF...

>> No.6268043
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6268043

>> No.6268106

>>6267921
You laugh and mock them, but where do you think your rise in portfolio is coming from

>> No.6268188

>>6267864
What is going on is that the SK justice minister went on record, telling people that crypto is not seen as an investment, but rather on pair with gambling.
He also mentioned that it does not contribute to the economy of SK and people are already to heavily invested in it, so should a crash occur, the damage would be fatal for a lot of people.

They are planning on to enact a law prohibiting transactions on virtual currency exchanges.

http://news.naver.com/main/ranking/read.nhn?mid=etc&sid1=111&rankingType=popular_day&oid=003&aid=0008388129&date=20180111&type=1&rankingSeq=1&rankingSectionId=101

>> No.6268498
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6268498

>>6267921
>My tax money is paying for some worthless single mother's gambling habit

>> No.6268611

>>6268043
please tell me you slapped that guy anon

>> No.6268629
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6268629

>>6268043
Is this bait or a serious post?

Nobody can be dumb enough to believe that a fucking shitcoin which the company owns most of and can be printed at a whim will ever compare to bitcoin in price

I've seen a lot of screencaps here and I'm either a lot smarter than I give myself credit for or there are way more dumbshits in the world than I thought

>> No.6268639
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6268639

>>6268611
Wasn't me.

>> No.6268682

>>6267921
>>6268043
Jesus why is it always Ripple with the normies?

>> No.6268747
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6268747

>>6268682
Because they think that if banks support it, it's good

They don't realize that anyone buying that shitcoin isn't smart money, they are the prey. They think the banks are their friends.

>> No.6268752
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6268752

>Why y’all sleeping on #xvg #verge? Start buying this shit up!! It’s a private coin. I don’t know what’s taking so long! It’s has so much good news and it hasn’t exploded yet!

>> No.6268754
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6268754

>>6268682

>> No.6268811
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6268811

>>6268682
They have no idea what a crypto currency is.

>> No.6268925

Why don't we shall hard on twitter to normiepump our shitcoins? Co-ordinated effort on one coin we all hold.

>> No.6268929
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6268929

I thought Verge was vaporware anons, i-isn’t it?

>> No.6268941
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6268941

>>6268811
>>6268639
>>6268752
I have nothing but contempt for these people

>> No.6268975

how the fuck is this going to end well when every single retarded normie is getting into cryptos now? the gov gonna regulate the shit out of it so these retards can't lose everything they have

>> No.6269016
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6269016

>>6268925
t. Pajeet

>> No.6269101
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6269101

Respect the hustle

>> No.6269126

>>6268929
he is not wrong though.

>> No.6269148

>>6267921
fortune == $11.37 profits

>> No.6269207

are there any good crypto fags that you guys follow on twitter?

>> No.6269250

>>6268929
@DoYouEvenXLM bro?

These tweets help me build a list of coins to never buy, or to swing trade for normie cash

>> No.6269276

>>6268682
Because they can get a lot more of it for their money, and it's easily available outside of exchanges.

>> No.6269416

>>6269250
Just sold 100k

>> No.6269520
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6269520

Switching from one vaporware project to another #justnormiethings

Seriously what is with the normie obsession with XRP, TRX, and XVG.

>> No.6269695
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6269695

>>6269520
>underrated Wraith

I think there is a massacre coming and I'm going to make out much better than Twitter.

>> No.6269755

>>6269520
Laugh now but when they hit 10000 each you'll be crying

>> No.6269906

>>6267864

Crypto has limited real world use potential. Some commentators pretended it did because they didn’t want to be ‘behind the times’.

Why would a future paradigm shift in online money involve dozens of shitcoins, each worth hundreds of billions? It’s over-saturated. They are not differentiated from each other and it is speculation.

>> No.6269939

>>6268629
Here's a little thought-experiment, which helped me to answer this question:
Think of the average american and how intelligent he/she is.
Now remember: For this person to be the average, 50% of the population must be even dumber.

>> No.6269971

>>6269906
That's why over the next two quarters the market is going to consolidate heavily into a few top coins. The overall marketcap will fall, but whoever is holding the right coin is going to make it.

>> No.6270010
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6270010

I hate these faggot moon kids on twitter too

>> No.6270034

>>6267864
>9. Poo in loo

>> No.6270096

>>6269939
This is why democracy does not and cannot work

>> No.6270246

>>6269939
George carlin also said:
"Shit Piss Fuck Cunt Cocksucker Motherfucker Tits"

>> No.6270534
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6270534

>>6267921
Why do you think it's so fucking easy to make money in this market? Blockfolio said that in the last month, only 46% of their users portfolios experienced profits. IN THIS FUCKING BULLMARKET.

We need these normies to give us their money. Cheer them on.

>> No.6270682

>>6270534
>failing at quoting a larper
Top kek

>> No.6270757

>>6270534
>BULLMARKET
This is NOT a bullmarket. The global crypto market cap even broke the upward exponential.

>> No.6270792

>>6267921
parody account

>> No.6270877

>>6267921
We were all newfags once, they'll learn.

>> No.6270890

>>6269939
You literally don’t know how averages work. Ironic huh
>Americans

>> No.6270921
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6270921

These are the fucking people we're dealing with here.

>> No.6270947

>>6270921
There were 7000 votes on that survey btw

>> No.6270994

/biz/ shilled both TRX and XRP (and also Verge, and Link, and so forth), I don't see how it's any different from Twitter.

>> No.6270999

>>6269939
>me = 140 IQ
>you = 60 IQ
>your mom = 50 IQ
>your dad = 70 IQ
>70+50+60+140=390
>390\4=97.5 average
See here, you and your family of retards (making up 75% of the population) are all below average despite being in the majority of the population.

>> No.6271061

>>6268043
And people think the real dumb money has entered the market yet.

>> No.6271163

>>6270921
At least they understand that BTC is a shitcoin, that's a start.

>> No.6271219

>>6269755

Do you understand the concept of market cap and supply?

>> No.6271801

>>6268682
RIPPLE IS BEING SHILLED ALL OVER TV, THAT'S WHY

>> No.6271875
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6271875

>>6270999
>70+50+60+140=390
>me = 140iq
GZ anon you win the lottery

>> No.6271917

>>6268682
they want smart money, not crypto. XRP is the closest thing to that.

>> No.6272109

>>6270999
>>6270890
The IQ is literally defined to have an average and median of 100. (Normal distributed with mean 100). That said, in reality, the median is below 100, in other words, the other anon was correct to assume that the "average" guy is stupid.