/biz/ - Business & Finance

>>6586338
no u stupid cunt

>>6586338

>>6586338
no, are you a newfag?

When ETH went from $420 to $130 was much worse.

No, but it's going to be a particularly bad new years correction because of the amount of normie money pumped in

>>6586338
No. Wait till it hits 3k, then we'll talk.

>>6586403
eth is almost down 50% from its ATH though

BRAAAAAAAPPP

>>6586757
that's not as big of a drop as the one you're responding to though

>>6586783
it took around 1,5-2 weeks for ethereum to fall from 420 to 130, it didn't just happen overnight, ethereum has dipped almost 50%, and thats just in a couple of days

this dip is far more serious, as this is related to bad news, whilst the july crash was just a correction getting out of hand

the charts speaks for themselves

>>6586338
>>6586393
>>6586403
>>6586553
>>6586783
>one of the biggest
Yes, it's one of the biggest. Don't try to act cool, you faggots.

>>6586364
kek

>>6586338
>he wasn't here when buttcoin crashed to ~$250-$300 after breaching $1000 for the first time, reaching an - as of 2013 - ATH of $1300
>tfw sold for 1 BTC I mined @ 1000 during the 1300

>>6586931

It has little to do with bad news. It's a correction.

The bigger the pumps, the bigger the correction.

Look at the marketcap graph for the whole crypto market. It went up x3 in the space of a month with far larger dollar value gains than ever before.

Therefore it should come as no surprise that this correction is the biggest we've ever seen. It would be strange if it wasn't.

The fact is, even with some ups and downs, the overall market over the past year has been very bullish. This is arguably the first natural major correction we've had since 2016. You could say it's been long overdue.

>>6587340
That’s what I was thinking. The bigger the the pump...the bigger the correction. I’m holding my shit hard as fuck. We will see new moons again one day my friend.

>>6587207
That was mt. Gox you faggot. And it recovered 4 years later

>>6587439

Correction implies your asset still has value and hasn’t broken trend line lol

>>6586757
Look at DBC Chart right back to ico price

>>6587546
Muh technical analysis

Yeah ok bro and my ju ju bones say we’re going to pump again.

>>6587340
>Being this retarded
>CNBC
>Korea
>That boomer burger Jew
>That boomer burger old money investor
Also obligatory
>Bitconeeeeeeeeect
It has everything to do with bad news. Pull your head out your ass

>>6587139
Surely from a market cap perspective, its the BIGGEST.

Is it January? Oh.

>>6587340
>>6587679

I would argue it has EVERYTHING to do the the recently aquired (((Bankster))) ability to short BTC with futures schemes.

See this >>6587069

>>6587139
It's not, kys newfag

>>6587830
It's now almost 50% down and it's only half January anon

haha put all my alts into btc now btc transaction is stuck

Maybe it has something to do with pic related.
The entire initial rally to 1k might have been orchestrated by a single actor.
You would be foolish to think something similair isn't going on right now.

>>6587830
Doesnt this signify a incoming years long bear market?

>>6588192
>mfw charlie lee was right

>>6586338
no.