/biz/ - Business & Finance

>>6583069

LARP. Anyone who been in crypto 1+ years saw this coming.

Old news

>>6583096
that call tho

>>6583069
U deserve to lose it all if u didn't see this crash coming

>>6583069
What exactly does he mean with 12500% profit?
Is he talking about bitcoin going down to 1k and then back up or what the fuck?

Someone explain pls

>>6583069
>12500% return

Like anyone would've listened and no chance in hell its going 1k

>>6583210
He suggested x10 leverage on short, fucking insane. I'm telling you, no one did it. It's too fucking crazy

>>6583210
They'd probably already be up 1000% or someshit though lol

>down to at least $1,000

Yeah, nah...

>>6583139
not really. literally anyone could tell you it was happening.

also, 1k not possible.

>Be sure to keep any eye on this account and my twitter going forward, I do know of further manipulation and may decide to release information on it once I have my position.

Interesting

>>6583379
that btg shit... it checks out

>>6583245
>>6583279
I cant see how bitcoin is gonna go down to 1k again, makes no fucking sense

>>6583379
Definitely not impossible when one faggot owns most of it

>>6583414

It doesn't check out - BTG was hyping some announcement they mentioned, which would be released later that day. Naturally people buy the rumor and sell the news, it was the most obvious prediction in the universe.

This guy, like John McAfee, knows people are stupid and believe anything they read.

>>6583433
the miners and early adopters own it all

it's possible

unlikely but possible

>>6583462
What a coincidence right, right lol

>>6583462
What about his first two shorting call?

He predicted the squeeze, the btg pump and the btc dump. Chances of him just guessing it are 0.001%

>>6583478
but that has to be a massive selloff
I guess some people have to cash out now
driving the price down at the moment
but all or most of the early/miners...
if that happens than yes it may go down to 1k
people would instantly start to buy bitcoin again
driving the price back up

well maybe he has a point but I just cant see why people would do it at the current price, bitcoin can easily go to 50k

>>6583539
This!

If you look into it, he knows something!

>>6583580
Do you know how much the fees would be at 50k, it wasn't even ready for 20k

>>6583069
My wife's dad's sister in law works for a bank, she says bitcron will go to zero because its used to buy drugs and once the governments hack the bitcoin connection they will use it to spy on everyone. Her bosses told her this today. I'm literally shaking

>>6583590
who even is the guy?

>>6583539
He got within 1% three times. I'm following him on twitter and will go all in on his next call. Lol.

>>6583682
Dr Pajeet Kumur

>>6583647
so much knowledge in here
makes sense you got scared of that lol

>>6583647
lol. so we learn that bank bosses lie to their employees and the employees are stupid.

also

>hack a bitcoin to spy on everyone
and not
>hack a mobile phone to spy on everyone

>>6583647
Toopkek

McAffe is the man

Not this "bigdogg"
Fucking LOL

>>6583718
That arm should grow back within the next day.

>>6583739
why would u even reply to that shit

>>6583647
true if big

he says it not going to 1,000 for months. no need for all this fud

>>6583647
I'm out. Just sold $300 worth.

Thanks just followed this lad

>>6583069
Try messaging the Dogg

I hate to admit it but this is fucking convincing.

>Called a high leverage short 3x within 1%
>Called a BTG pump
>Called the day of the BTC dump

>>6583069
Charts don't lie

>>6583139
It's more like making multiple calls and highlighting the correct ones. It's an extremely similar process to why people fall for fortune tellers or mediums.

Delete this

>>6583923
who is it?

>>6584092
There hasn't been one wrong

>>6583983
I think he's probably right, but t's too risky to set up a short now, has to hit at least 12k again.

>>6584117
Some person om trading view. Has a two month old trading view account and one month old twitter.

>>6584162
name of person though?

>>6584162
The new accounts scare me. Either he's been trying this shit over and over again on different accounts or he waited for this moment...

How can I short in EU anons?

>>6584228
@CollusiveCrypto

it's posted on his tradingview

>>6584228
"BigDogg" lol

What /biz/ thinks caused the dip
>some sort of elborate Wallstreet conspiracy relating to shorts
What actually caused the dip
>Bitconnect schemers funneling 2 billion dollars worth of BTC into FIAT

The guy in OP probably knew about the Bitconnect dump.

>>6583778
>trusting redditaffe

>>6584318
imagine shorting bitconnnneeeett

>>6583778
McAffe is a selfish pumping prick this Dogg is for the people!

>>6584275
>@CollusiveCrypto
thanks man

Where to short btc with leverage? asking for a friend

>>6584449
Bitmex

>>6584449
Bitmex or Bitfinex
I wouldn't do it now tho

>>6584449
Don't ull get liquidation and lose it all

>>6584449
Now is not the time, it can easily bounce back to 12-13k

Ha. Classic bait and switch

He’s loading the fuck up soon to take your idiot pizza slinging cucks short positions.

“Share”=“do opposite”

>>6584527
I shorted not long ago but with low leverage to be safe

>a btc miner will dump bitcoin to 1k

THIS IS SOOOOOO FUCKING FAKE

Judging by this guy's single tweet before his call he is bullish on bitcoin cash and he is either Kim dotcom or in the same circle cuz Kim said he received a 1 billion dollar gift yesterday which had to be this info

>>6584280
also thank you too

>>6583069
I haven't seen this in my fb groups yet. Just wait til the normies get a load of this. They're gonna freak! Hahahahha

>>6584665
You think this guy is Kim Dotcom lol?

>>6584634
It makes sense if you'd bother thinking about it for more than one second

>Sell BTC stash at 15k - 20k range
>Use your massive profits to set up huge shorts.
>Conspire with buddies to crash the price
>You have now multiplied your already huge profits x100.

The reality is, crashing the price will net them a much quicker return than trying to push it to 100k, which may well be impossible.

>>6584665
Can you please explain? What billion dollar gift?

>>6583983
He is in a pump group, he has no inside information and is trying to manipulate the market. It just means he's stocking up and bitcoin will go up

where can I short it?

>>6584880
But he's a nobody. He only had a couple hundred views on that til btc really started crashing and that's only cuz someone posted it here that night. This guy knew something

LOL, look at that guys posts on another story, he's literally some autistic pajeet BCH bagholder

https://www.tradingview.com/chart/BTCUSD/sY63Ub8a-BTC-Evidence-for-Bull-Continuation/

>>6584940
If you've been in crypto long enough, you know that no one knows anything. No one. It's all luck.

>>6584855
And they want to replace BTC with BCH and pose it as the true bitcoin (which it is)

Most miners openly support BCH

They had been planning this for a year, they pumped BTC with the money from the forks and sustained the price up with tether margin longs on bitfinex and cashed out into the normies, they will crash BTC to the ground and BCH will rise from its ashes and they will have made incredible profit in the process

>>6583564
This Anon is correct.
Rule #1 Oldfagbiztard is always right.
Rule #2 If Oldfagbiztard is ever worng, see Rule # 1.I

You did see it, but you looked the other way. There have been plenty of bears on this forum warning you delusional cucks but you know how it goes..

>you didn't want to believe there would be a real correction
>you put yourself in an r/bitcoin like echo chamber that exists throughout the crypto community
>since you've been involved in crypto, it's basically only gone up
>you were not there in 2014 when it crashed from 1000 to 200

Maybe this is a chance for some of you faggots to learn about objectiveness and confirmation bias.

I don't feel much sympathy though, I literally warned you to sell once the crucial support at 12750 was broken. And I was called a pajeet and ignored. Top kek

>>6585115
Only normies left in the market now, surely!

>>6585115
Pajeet

>>6585115
The question is, will it bounce, and how high? I feel like it's just too dangerous to set up a short with any considerable leverage below 10k.

Is tether safe though?

>>6584980

not his post?

>>6584665
>he's Kim Dotcom

Kek

>>6585115
Will it ever recover?

>>6585115
>you were not there in 2014 when it crashed from 1000 to 200

I was.

there was no time for technical analysis on that one, it was just a what comes up must come down sort of thing.

>>6585194
i didnt short, I am not on an exchange that allows it. Just cashed out all my holdings, managed to get out at 13750 but I did lose quite a bit.

>>6585368
probs, but i wont be buying in untill there is real bullish confirmation, and trust me, you will know. a 1.5k bounce is not enough

HOLY FUCKING HELL IF BTC GOES TO 1000$ ALL ALTS ARE GONNA BE WORTH LIKE CENTS OR LESS THAN CENT HOLY FUCKING HELL IM SCARED!!!!!!!!!!

>>6585425
Charlie Lee called a multi year bear market, I can see it.

Is tether safe or should I pull everything out to fiat?

just sold everything.

>>6585469
This.

>>6585469
If you don't have much, go to usdt.

If you're rich af the try and cash out as much as u can.

>>6584559

We're heading lower. Not done yet. HOLD boys.

red all that shit. im out.

you guys think the crash goes to 1000$ for sure?
if yes i think i move everything to tether and buy as much btc as i can in february

guys dont worry, there are more ways to get rich. Were all gonna make it, just not with crypto.

It was fun while it lasted, hope you guys made a decent profit

>>6583069
thanks OP just sold everything

>>6585674
Just cause you're gonna make it doesn't mean we're all gonna make it

>>6585634

If we fall below $8500, we will see $1500.

>>6585674
What's next

>>6584634
The chink miners have the largest BTC reserves after satoshi brainlet

>>6585715
so should i wait if we fall below 8.5k or should i move everything into USDT now?
man im so unsure

>>6585674
>>6585680
>>6585708

DID ZYZZ JUST CRASH BITCOIN?

https://www.youtube.com/watch?v=-EVEf8-SSvQ

>>6585634
No fucking way it goes to 1000, I could see 7k to mid 6k

>>6585115
>you were not there in 2014 when it crashed from 1000 to 200
I was here during that. Thats why Im not stupid enough to think a crash like that will happen again.

>almost 1 million stolen
>mtgox obliterated
>virtually no other high volume exchanges at the time existed

>>6585796
I think 6-7k is the lowest. If it goes to 1k its over because it wont be profitable to mine anymore and BCH will become bitcoin.

Its a possibilty, a lot of rich chinks are banking on this to happen actually and they may have to power to make it happen

>>6585796
Hahhahahah hahahahahhahaha why does everyone think 1k is impossible???

If you got in crypto earlier than 2017 than you know just how possible it is!

>>6585796
For now it settles around $8000. But in the long run, this guy is right, we are going to these levels, it might take long and we'll stay there for months. Funny. You lot enjoy 300% bull runs but can't fathom the same moves in the opposite direction.

>>6585914
Why does nobody is scared of ALTS once btc hits 1000? like seriously everything will be mega worthless, thats the deal here people should change everything to ETH or BTC and cash the fuck out still they can

>>6585891
im not claiming it will crash like that, just that this is a significant correction/or crash.
Not down90%, but maybe 50-60%. We will see

>>6585708
imma make it outside of crypto, i only made 30k in this, i still have 40k debt...

>>6585725
no idea, im on the sidelines untill there is confirmation. There is money to be made if you have the balls to buy the panic dips and sell the bounces..

I am considering a BCH flippenining scenario as a possibility if things get bad enough (undder 7k btc is no longer profitable)

a currency without any set value and is completely free from the government. The only use of this coin is to make a cheap and fast gain. Sad!

Down to 1k it goes!

>/biz/ falls for the oldest con of unregulated financial markets
step 1: create 2^X accounts
step 2: make opposite trades evening out so you gain/lose nothing regardless of what happens
step 3: cull out all the loser accounts, keep the winner accounts
step 4: repeat over and over until you have one winner account left
step 5: your winner account now has a consecutive winning streak of X, which you can use to claim authority
step 6: get suckers to buy or sell when you want to sell or buy

>>6585992
You are right anon I remember when LTC went from $50 to $3. People thought they were safe.
>Muh silver to bitcoins gold
You can still see the hilarious bitcoin talk threads. Being on an alt would be the most retarded thing to do in this scenario. But the newbies still think
>Wow NEO is still holding up pretty well
>XMR has utility
>BCH will be the new bitcoin
Everything will be wiped out

>>6585898
BCH (and mostly everything) will crash way harder if BTC reaches 1k

>>6586133
this

a multiyear bear market is upon us

Looks like we need another dip to shake off the gullible retards still left in this thread

>>6586174
>>6586133
I agree, but once BTC is 0,and dies a chaindeath with no new blocks, BCH could be able to rise from the ashes. The chinks have the means to pump it up too

i wont go lower than 9k-8k if you are selling now.
you are selling the bottom

>>6586289
Daily reminder Buttcoins was $700 a year ago

>>6586289
honestly I get selling at 25% drop.
Selling at 50% drop is just stupid.

>>6586267
if btc dies like that, then the bitcoin name dies too. so the bch brand heist has no value either. it may come down to the best tech coin winning

>>6583647
Thanks i just bought 100k of government hack coin

>>6586342
Daily reminder that there is a magnitude more people in crypto now than a year ago

>>6586430
how many will leave though?

>>6586373
this.
even if we are on our way to 1k (LOL) there will be huge bounces inbetween.

DONT SELL INTO WEAKNESS
SELL INTO STRENGTH
the plebs getting played so hard

>>6583069

>orchestrate signals to occur a couple of times with your btc buddies
>do a couple of posts before it happens
>normies start to follow as you are the only thing that goes to plan in this crazy world
>make outlandish claims to keep shorting btc to $1k
>JUST these niggers

You see, the thing is, imagine if these whales did actually bring the price of BTC back down to $1k. They wouldn't be able to convert their shorts for fiat, governments would unite to make BTC illegal, and their precious would be worth $0. It's not in their interests.

>>6586243
They're probably some pajeets sitting in a discord shilling us.

>>6586430
Just as fast as it went up it's going to go down
Keywords
HIGHLY VOLATILITY
UNSOPHISTICATED INVESTORS
Most people in it for the money will leave. It'll recover, people see easy money get in and are fucked and the cycle repeats. Only bigger this time. Fucking classical Keynesian cycles on steroids is what crypto is. What takes decades in conventional securities takes mere weeks here. Only the true enthusiasts win.

>>6586471
They want to kill BTC and have BCH take over, they already made plenty money on the way up and cashed out into the normies, they want to ride this mofo to the ground, they will explain how it was inflated with tether, how it has become a monster, and how BCH is what bitcoin was meant to be, with its value stemming from actual use

ok, but what about alts ? How will this influence them? Will they go down to the hell or to the moon? what you think ?

>>6586678
hell

>it costs 2k to mine a bitcoin
>miners will dump the price to 1k

Fake or not, allowing the ability to short a security that is so easy to manipulate should be illegal.

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

Anyone find it fishy that kraken timed closing their margin markets with the crash perfectly ?

>>6586856
It will net them a much quicker profit, what don't you understand about this?

>>6586996
As the guy says this whole market is manipulated

>>6586996
Everything in crypto is fishy
>>6586856
>Thinking in 2d on a 5d chess board
>>6586869
No regulation fagot. Regulation is a double edged sword. If the gorvenment is all up in crypto, the 5x gains you are fond of will disappear. If you are retarded and didn't see this coming, and need the gubment to protect you, maybe you're better off as a wagie

>>6583069
https://twitter.com/BitConn3ct/status/953618914830929920

>>6586856
There's only so many miners you can buy.
You need to convince the normies to turn off their miners so you get a bigger share

>>6587246
Bitconeeeeeeeeect
>Last month
>Find out buddy is also into crypto after seeing blockfolio on his phone
>He has a bitconeeeeeeeeect account
>Tell him it's a scam
>Unironically ask him how retarded could he be
>He also has online mining contracts
>Tell him to cancel them all and redeem his bcc
He is basically kissing my ass right now and acting super friendly. I'm a fuckin god in his eyes. He is all over kike book praising me. I have social anxiety...

Who here pulled out and /comfy/ thanks to this thread?

For BTC to go up we need normie money.

Everytime we get stupid growth is from a massive influx of normies.

Right now all normies who aren't already invested in crypto are in "told you so XD" mode and I can't see that changing unless either BTC or some other big coin moons hard.

>>6587691
bull fucking shit

most exchanges had to close down new registrations because they couldn't handle the fucking volume

where are you getting this shit from?

>>6587639
u put ur faith in a tradingview fag called "bigdogg" fucking kys

I advise any normies and newfriends reading this to follow this wise man's advice and start shorting bitcoin. Shorting BTC is the final redpill of investing.

>>6585446
I hope it happens. then i can buy so much VEN.

>>6587792
Daily reminder you bought into an industry started by a weeb with the handle; satoshi nakamoto. Crypto levels the playing field at the beginning of cycles.

>>6583069
I think btc went down because I can hack reality and I wanted to be able to transfer my BTC from coinbase to binance without a huge fee - now that I did its gona hit 19k then 32k.

Reality is a videogame on hardcore mode that you can hack.

>>6588186
Fuk u

>>6587762
You're not disputing what I said in any way.

>>6583069
Have to agree, wish I saw this earlier!

>>6584123
You’re assuming this is the only account under this user. He may have several others that came out wrong and got lucky with this profile and is now highlighting this profile’s success and attributing it to fake “insider knowledge”. This is how a lot of forex traders work.

>>6588800
link me to another

>>6587523
Get him to suck your dick

In this bear market, the only people making money are the members of this group. Join now!/

https://discord dot gg/6ddqFHd

>>6584260
Leave the EU

>>6586123
How do people not know about this? This is everyone claiming to have insider knowledge. If you have actual insider knowledge you don’t share it.

>>6587245
This. Retards don’t have the right to be protected from scammers when they fall for get rich quick schemes. They deserve to be beaten down and shackled into serfdom until such time as their kids or grandkids learn to be frugal and actually contribute to society rather than become degenerate gamblers.

>>6587943
it was prob all part of his keikaku