/biz/ - Business & Finance

>>7141232
Doesn't matter. The crypto is here to stay and money will be made.

Down short term, up long term.

>>7141232
>what happens after a mania crashes
it goes down and stays down

>>7141289

/thread

come back in 6 months

stop being a fucking idiot taking advice from every confident sounding neckbeard you see on 4chan and form your own opinion by doing your own research. you're fucking pathetic.

February 19th.

You've been warned.

Dropping. Wont see 10k again till 2020

>>7141635
Actually 18th.

>>7141289
Exactly this.

>>7141232
Bitcoin will go to 200$. No one uses it !
Ethereum will follow since 99% of all ICOs are vaproware / scams

>>7141232
Lots of money by end of year if u just hold fren

>>7142288
ACKCHUALLY 17th.

>>7141232

Put your money in ETH and wait out the storm

>>7142288
>akshually
It's the 17th. Screengrab this.

>>7141232
Check Google Trends: nobody gives a fuck about crypto anymore.

Normies are panicking and new coins are being mined. No new money, less companies are interested, more scam, more PnDs, everything looks like shit.

In other world we are crashing. It's slow, it's painful, and there is not much you can do except for selling or shorting (which is kind of risky because we don't know the bottom yet). Nothing last forever anon...

>>7142288
Green id and dubs confirm - it's 18th :) (I have seen a video about that date :)

Do you know what I know? :)

>>7141635
>>7142288
>>7142425
You're all right though. Anything after Chinese New Years, which is February 16th, will be good for Bitcoin and hence the rest of the market.

This is really no different than when we all waited for August 1rst 2017 because the market was crashing and then it "magically" shot up again.

>>7142612
Is this what they’re referring to?

>>7141232
>What is going to happen? Up or down?
yes

>>7142568
Certainly not. 18th was chosen because they like irony.
https://media.giphy.com/media/jWexOOlYe241y/giphy.gif

>>7142612
No, it's not that... Apparently, on the 18th will be a good news from US...

>>7142351
>$200
Sorry friend, but the days where 1 bitcoin = 10 handjobs from your mom are over.

>>7142612
>>7142681

Bitcoin will hit 7k at exactly 17:33 GMT tomorrow screencap this

>>7142721
the only good news would be a leveled mongrellica at this point

Btc will be dethroned by eth and all alts will be coupled on eth. Btc going up or down wont affect the market anymore. It will follow eth

With eth being the new king, it will burst from ath to ath. Shitcoins are no longer affected by btc and will reach new ath too thanks to eth

I have prepared you.

>>7142799
digits confirm weak hand hodl

>>7141272
This, stop chasing the next 100x, you had your chance with BTC, you had your chance with ETH and you had your chance with NEO. Just invest in projects you believe in, Crypto is in a slump but it will recover, decent gains are guaranteed in the coming years.

I've realized op... that no matter how smart fags here sound.... most are complete over hyped RETARDS.

Example coin goes up, autism starts increasing in stats. They start posting threads claiming moon, everyone gets in. They say GET IN NOW, YOU WILL NEVER SEE IT AT THIS PRICE AGAIN. Anons buy at ATH..... 2 seconds later it dips or crashes

Example $5 XLM (EOM), $100 ven (EOM), $100 ICX (EOM) etc

I can go on for ages, what i'm trying to say is. Do not listen to these fucking mongoloid bafoons. Come up with your own thoughts and theories. Biz is wrong 90% of the time.

btc will be worth 18.55 USD before JULY

>>7142915
>years

Niggas be making 20x in a month, and I have to sit waiting years? fuck you man, fuck you. im selling my bags GOOD DAY SIR

>>7142612
Why exactly? Do the Chinese get some sort of bonus on their new year?

>>7141232
everything will go up significantly

>>7141317
Where do you find your info?

Wealthy CME brokers, traders and their clients control the fate of the market now. They have normalized it, so people will flood back into equities and bonds. The risk vs return just isn't their any more for the crypto market, better off buying some Vanguard funds. Will ETH be widely adopted? That is a big IF

>>7142967
They're not though, the last time that happened was maybe NEO or ETH, both of which were like two out of the thousands of shitcoins around now, it's all luck based, either invest in long holds or play the actual lottery, you'll be better off.

>>7143172
yep, it's literally a lottery right now
There are soooo many projects promising to change the world and sound amazing. Too many to name, there is absolutely no way to tell which one will be the next 100x

>Just buy ICX anon
>Just buy VEN
>Just buy XLM
>Just buy NEO

fuck off, no one knows you pajeets. It could be the most unexpected coin that makes it

>>7141232

You're gonna get rekt is what. Everywhere you try to get info about crypto online you have people endorsing fraud, tax evasion, market manipulation, infecting people's computers with mining bots. And to top it off now you bunch of shitters think it's a good idea to screech at retailers asking them to take dirty money in exchange for goods and services and take on risk.

The good guys like myself will escape because we paid the government. I can't wait to start reading stories about local bitcoin honeypots being set up to catch tax evaders and crypto getting kicked in the nuts with enough regulations to send the cheats to prison.

>>7141232
>>7141272
Crypto is going down.
Pretty much ALL coins have no use. Why would people and businesses buy a bunch of shitcoins to use the blockchain when there are already professional services dedicated to implementing blockchain in industry.

>>7141232
Bitcoin going down to 1$ Ethereum going up to 6k. Everything other than erc20 will disappear.

>>7143172
It's not luck-based and it's not particularly hard unless you're a fucking retard. Learn how it all works and DO YOUR OWN FUCKING RESEARCH. 40% of the people on this board are fucking retards who can't think for themselves, 40% are shills and MAYBE 20% arn't that bad.

Of course you're gonna lose money if you follow /biz/ advice and chase the latest moon-mission. Invest in great companies with a strong competetive advantage, it's not that fucking hard you stupid idiot.

I've realized op... that no matter how smart fags here sound.... most are complete over hyped RETARDS.

Example coin goes up, autism starts increasing in stats. They start posting threads claiming moon, everyone gets in. They say GET IN NOW, YOU WILL NEVER SEE IT AT THIS PRICE AGAIN. Anons buy at ATH..... 2 seconds later it dips or crashes

Example $5 XLM (EOM), $100 ven (EOM), $100 ICX (EOM) etc (all doing horribly right now btw)

I can go on for ages, what i'm trying to say is. Do not listen to these fucking mongoloid bafoons. Come up with your own thoughts and theories. Biz is wrong 90% of the time.

Eth shills never left I see. You commie faggots saw Bitcoin explode, drank the Kool aid, and bought an altcoin based on hype because it was cheaper to buy.

Eth will always be cheaper to buy than Bitcoin because it's hot garbage

>>7143527
Hi I would like one blockchain implemented please.

You understand 99% of cryptocurrency consensus methods (blockchain, tangle, whatever the fuck, not XRP) require actual public decentralized node/networks? Otherwise you just have a centralized series of nodes basic oracle or mysql network.

>>7143527
Thats why you invest in crypto's that do have a use and are truly disruptive and have real companies lined up because it's better than what we already have. Example is syscoin.

But I totally agree most coins are absolute garbage and I only hold them for making money shortterm.

>>7142864
would eth mooning make erc20 tokens inherently more valuable or am I deluded?

things that have value will increase in value over time crypto is no different

>>7141317
>implying you can predict the volatility of a market complex as crypto

>>7142509
but less than 1% owns bitcoin
if everyone buy it it will be worth 1 million
why can't I be part of the one percent?
it's dipping right now because chinese killer whales are cashing out to celebrate the new year
pls take out a loan to buy sir

>>7141232

Bull. Here's why I think this way:

Tech bubble in the 90s popped at 3T.
Crypto market hit peak of around 900B this year.

Tech bubble was confined to the US with limited access, mostly institutional money with retail following.
Crypto is international with easy access to all. Currently it's mostly retail money with institutional money recently entering (Bitcoin futures).

We haven't even hit 1T yet, and the market is accessible to an enormous population. In addition the institutional pump hasn't even happened yet.

Compound this with:

1.) USD weakening due to economic competition with the yuan, including petro yuan contracts openly competing with petrodollar contracts

2.) Stock market bust cycle is due to occur, people tend to flock to store of value options during this time

3.) Use case cryptos for smart contract and blockchain ledgers haven't been adopted into mainstream business yet.

My opinion is that we've barely gotten started. The technology is fantastic, and by fantastic I mean it can save alot of money for organizations willing to use it. The decentralized aspect of crypto is what will push the envelope because by cutting out middlemen, you are cutting out the salaries/fees/profits that grab the money for keeping track of the ledger.

I don't care if people are going to hate on me for saying this, but we are still in the speculation phase. The infrastructure for smart contracts and IoT blockchain ledgers don't exist yet. When it starts entering the industry we're going to see what real exponential movement looks like, and the haters are going to eat their hats.

Why people want this to fail so badly is baffling to me. I don't know if they want to buy in cheaper or if they legitimately believe that blockchain ledgers and smart contracts are going to cease to exist.

All I really know for sure is that market creation like this only happens once in a lifetime. You can participate or you can watch from the sidelines.

>>7145212
agree

BTC the king will be 85k for next xmas

trips confirm faggggots

>>7145212
>Crypto market hit peak of around 900B this year.
Thats just BTC doing its thing though. Majority of the marketcap is because of BTC hitting near 20k

>>7145212
why does every fucking retard compare crypto to the tech bubble. THEY ARE ONLY RELATED AS IN "AN APPLE AND TOMATO ARE BOTH CONSIDERED A FRUIT". THEY ARE USED WIDELY DIFFERENT APPLICATIONS.

>>7145883
you make a fruit tart with apple and pasta sauce with tomato.

>>7145883
yes, but in the end it's just money flowing in and out

>>7145212
Agreed. Reply of the day!

>>7141232
If you'd buy XRB and stop falling for FUD you'd be set, but you probably only invest in memes like turtle and shit huh

Oh well

>>7145212
Unironically this, I cannot fathom how people argue with this logic

Strap in boys, we're going to make

>>7145212
this is the correct answer/speculation
>>7145883
no you are a fucking douchebag if you are incapable of identifying parallels and similarities from other speculative markets such as the tech boom. History is unfolding in front of your eyes and your cynicism and lack of belief into blockchain technology is blinding you

>>7145212

What have you invested in?

>>7145212
You people don't get it do you?
The crypto market is slowly deflated by devaluating btc.
Alts may rise, they will not do much fiat-wise.
That way pressure will be taken off the crypto market while keeping people from panic selling.
We are treading water and shitcoins get justed finally.

>>7146419

CMT, OST, AMB, VEN, GVT

I'm investing in strong smallcaps because I need more profits to place in largecaps. VEN hardly counts as a small cap nowadays but it's due to moon in Feb.

I think supplychain coins are a solid use case for blockchain, which is why you see coins like VEN and WTC doing so well, aside from the enormous partnerships of VEN.

Because of that I will be distributing profits into Shipchain and EXIMchain when they enter the market. I don't know if they can compete with established coins but I can tell you that supply chain coins are hot items this year.

>>7145212
holy shit this is correct. we might make it i just have to remember to sell

>>7145212
what coins have you invested in plz

>>7146818

No XLM or TEl...

Hummmm

>>7145212
is ICX a good coin? it will do what you are talking about, banks, schools, vending machines, financial institutions, hospitals etc.

>The infrastructure for smart contracts and IoT blockchain ledgers don't exist yet. When it starts entering the industry we're going to see what real exponential movement looks like, and the haters are going to eat their hats.

>>7147158

I consider ICX a midcap. It's established, it will do well. I'm just looking at smallcaps for their growth potential. I believe that a smallcap with a solid team/strategy will grow at a faster rate than midcaps or largecaps. So when I find something I like with a small marketcap, I consider it more valuable than established coins due to its faster rate of return. Having an exit plan is where it gets tricky.

SOMETHING HAPPEN ALREADY FUCK

IM TIRED OF THIS BEAR MARKET

I CANT TAKE IT ANYMORE

IM DOWN 70 FUCKING PERCENT

70 PERCENT!!!!!!!!

AHHHHHHHHHHHHHHHHHHHHHHH

IM GANNA SELL MY BAGS, THIS IS THE END FOR ME, IM GOING TO KILL MYSELF AND MY WIFES SON

GOODBYE 4CHAN

>>7143001
They get red envelopes filled with $$$ from their senpaitachi

>>7144609
Less useful.

What's happening is that the industry is restarting. So much of the wealth of the industry was based on btc speculation, whoever Satoshi is or was couldn't have expected what is going on. But we're entering a post-bitcoin crypto world. The bad news is that 2018 is going to be extremely painful for those who held their wealth from before from the btc fueled bonanza. Sell to fiat NOW if you haven't already cashed out.

Bitcoin will die and bch will probably die by association, all of shitty altcoins will just die, and even the useful coins will take a haircut (even eth and neo). The good news is that for all the people that lost the chance in say 2011 to get on bitcoin will have the chance to make the big fucking gains in 2019 onwards by buying up cheap fucking cryptos this year. As an industry it'll rise like a phoenix much larger than December of last year. We all have a second chance to be cryptocurrency billionaires... but the bitcoin bonanza already sailed. It's the dawn of a new era, whether we as community like it or not.

>>7148050
Spoken like a true nocoiner

>>7147603
Too late to sell
I'm sitting on 30% loss and waiting for a rally

>>7147794
I don't mean tokens that are literally just payment options but platforms like PFR WISH and BBT for example

Bitcoin bounces off 8800 and we head back into a bull. Everything follows in a mass panic buy!

>>7148109
Either niggertier reading comprehension or you gave up halfway through the post.

Payment coins are dragging down crypto's public image. The normie world is not interested in paying with crypto, at least not where I live (USA). The stereotype of crypto as nothing more than a "payment system" for obnoxious libertarian blowhards, criminals, survivalists, and comp-sci majors is delaying public awareness of all the other stuff blockchain is good for.
The entire "#paywithcrypto" campaign, etc, is counterproductive.

>>7142967
link

>>7143368
You're a real piece of shit you know. Go fuck off to reddit/irs

Bitcoin will remain kind around 10k...and when i say bitcoin i mean bch. Trips of truth and bitcoin oracle already confirmed. April 2018. It is known.

>>7147603
Yo send me ur bags before you do, psycho

>>7145212
Cryptos will fail for the same reason communism fails, (((they))) won't let it happen

>>7149171
Oy vey goy, read some history. The Jews were behind the Bolshevik revolution, dontchaknow.

>>7149171

Shut the fuck up commie kike

>>7149171
(((they))) are communist you red fuck. die.

>>7142688
/Thad

>>7149171
Communism was jewish, and now cultural Marxism is jewish. That phrase is the absolute stupidest thing I've ever read on /biz/, and that's something. If anything nationalism is what (((They))) don't allow.

It only took 12 years of natsoc to bring the worst economy of Europe that was crippled by corruption and hyper-inflation to a world super power that rattled the Establishment to its very core.

>>7149617
>It only took 12 years of natsoc to bring the worst economy of Europe that was crippled by corruption and hyper-inflation to a world super power that rattled the Establishment to its very core.

Yeah no shit, they enslaved how many millions of people to do it? Also that shitty third German attempt fucked up their country right after their faggot nazi leaders killed them selves out of shame.

>>7149617

> thinking natsoc is any different from communism for 99% of people

you realize both are severely authoritarian states, both of which would absolutely suck to live under. Technically the USSR became a superpower from a shithole with communism just like the nazis became powerful with natsoc, both of them only succeeded because they were able to force people to work and produce like fucking robots.

You should be grateful that the US is the model of the western world. You and the rest of the natsoc low iq retards are unappreciative of the freedoms we have

back to /pol/ or /his/ retards
this is /biz/

>>7141232
Bitcoin will slowly bleed its value into better tech
ETH will moon slowly with current network cap, fastly with implementation of a high throughput protocol
Alts will eventually approximate the price of their actual utility on a case by case basis
Like, you know, everything
Duh

>>7143368

HAHAHAHAHAHAHAHAHA

GOOD GOY JACOB GOOOOD GOOY

little cuck paid up to the kikes LMAO NOW PISS OFF BACK TO PLEBBIT YOU LITTLE INSECT

>>7149764
>enslaved how many millions of people to do it
>remove the sole cause of all the problems, financially and socially, and magically the problems disappear
Woah anon... you’re really making me think. Not a lot. Just a bit.

>>7141232
Turtle is going up and is showing no signs of slowing down, 10x gains by the end of the month!

>>7149851
That’s just patently false. They became a world superpower on sheer numbers alone and the fact that only half of their country was destroyed while all of the EU was decimated. And after that they stole nuke tech from the US which is the sole reason why they are in anyway relevant to this day. Is everyone on biz some retard ledditor now? Is there a cripplechan getaway for the old biz like there was for the old pol that I don’t know about? Seriously fucking tired of the leddit posting.

>>7149617
>communism is jewish

No it's not you dumbass piece of shit.
Have you ever travelled to a communist country before? Jews don't make a fucking dime in those conditions

>>7149895
>Alts will eventually approximate the price of their actual utility on a case by case basis

So, pretty much zero until 5 years from now

>>7149851
I'm not American. But th-thanks.

I'm pretty sure alts are in a bubble and there is nothing you won't be able to accumulate at 50+% off within a month

>>7150043
You have no idea how close we already are

>>7143527
Just look at VEN and the numerous partnerships they have been announcing over the past few weeks, in a few months VEN will be implemented by said companies.

>>7150008

you made no real arguments dumbass. what are you even trying to say. USSR did not just depend on population, the fact is they were able to turn their people into slaves just like the nazis did, which is why both of their countries went from shitholes to powerhouses in short time periods.

funny thing is that looking at history we can see that natsoc and communists are both idiots. Capitalism came out on top and it always will. And if you want biz to be like pol, then go to pol. this board isn't for you

>>7150387
Germany never made their population slaves, you still believe 70 year old allies propaganda?!

>>7148560

Why would I do that when I can mine salt here all day. I got plenty of popcorn and enjoy watching the daily melt downs while you scam and fud each other. There was a point I tried to participate and tell people about sound investments but fuck that. I want to watch you guys get eaten.

>>7147565
which small caps do you like? actually what is considered a small cap to you like under 1 billion or under 100 million?

>>7141289
8 more weeks of down..
Also join this https://discord gg/pFGxB6r

>>7141232
In all seriousness it will certainly go up before or after it dips a certain amount

>>7141232

In the end, they will all be worthless.

I tried to write a reply in detail, but it was too long to post, so I will give the cliffnotes, and I can explain any point in detail if you want...

1. Means of exchange can be anything that two parties agree on; but their value is based on the integrity of both parties. When you have two anonymous parties who have never met transacting business, trust works against the system.

2. If there was a single crypto, there is a chance it could become a viable alternative to currency. But each new coin devalues existing coins, and each new coin serves to remind the holders of other coins that their coins are essentially valueless.

3. The addition of all these new coins (1384 and growing) prove that the only coin that will work in the end is one that is regulated and offers protection to both buyer and seller.

4. As a result of 3, if the need for a digital currency grows enough, a nation(s) or large companies will create a new regulated coin which will instantly become the go-to coin for the masses.

5. When 4 happens, all of the existing coins will become worthless.

6. The "value" of the current coins is deceptive. The "market cap" isn't the true market cap, and doesn't reflect how much real currency is in them, but is an exponentially inflated value based on scarcity, speculation, and an inflated bid/ask.

7. Because the most popular coin (bitcoin), still only has roughly 1000 people holding 40% of all coin, there is no broad support for cryptos. Instead, it is simply the same people bidding each other up in the hopes of getting rich quick.

8. When the price of bitcoin really starts to fall, the entire system will collapse because there isn't enough real currency in the system to support the fake/inflated market cap

>>7148369
Jan 7, 2018 ZRX .37 cents BTC $17,131
Today Jan 31 ZRX $1.80 BTC $10,169
The market is moving past bitcoin (and all crypto payment currencies) toward blockchain related alts it is happening underfoot. The impediment is btc as the primary trading pair.

This is what cryptofags actually believe.

>>7150387
The nazis made their country great prior to internment camps you fucking retard. Camps weren't even open until 1941 and they were a super power LONG BEFORE THAT. The USSR was entirely dependent on their population. The USSR was never a power house either. The soviets literally turned their country from shit to shittier while the nazis went from shittiest to greatest. Seriously how fucking stupid are you? Did you actually fail elementary level world History?

If they didn't outnumber the nazis 20 to 1 while the nazis were fighting a two front war while receiving arms and supplies from the US, the USSR would have been gone within months before the winter came. Capitalism came out on top because the Nazis got 1v7'd retard. And the only lost when another army of literal German Volk (US midwest) came to turn the tide.

Jesus fucking leddit man I hate what this board has become. Kill yourself, dude.

>>7150387
>>7151057
And the only capitalist country in the war didn't actually experience any damage or battles on the front. Post war, every other relevant country spent decades rebuilding themselves with resources from the US. It's how we got rich off of it.