/biz/ - Business & Finance

OOOOOOOOOOOHHHHHHHH NONONONONONONOONONONOONON

IT'S OVER

>Cash it all out

>>7185786
thats it.
a pleasure larping with you.
\o
https://www.youtube.com/watch?v=alo3KFRfLvE

old news

>>7185786
May based tether come save us

>>7186126
They already dumped. That's why they stopped printing. Now they buy the dip.

>>7185786
Holy shit, it's real. It's moving to Bittrex.

SATOSHI SENPAI IS THAT YOU

>>7186126
>mfw when we are praying for the crypto fed to save us
We are truly kikes.

It's being sent to Bittrex am I right?

NO PLEASE PLEASE STOP PLEASE I'M BEGGING YOU IT HURTS IT HURTS SO MUCH

NONONONONO

LoL. Weakhand Nakamoto.

>>7185786
FUD you guys are fucking retarded if you fall for this shit. fucking bizlets.

Holy shit, the top two richest accounts started selling.

https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html

>>7186306
It is not FUD tard. Look it up in the blockchain. It is public you can front run them

>>7186306
its fake?

>>7186306
The wallet is real, the transaction is real, the sell order will probably be real too

hahahahaha are u retarded i cant stop laughing XD this boy is going to buy alt coin dips and not selling BTC hahahahaha

He is selling 15k btc every now and then. I think he is unaware of the dip

>>7186385
Public ledger
You can watch them selling it
>Is it fake

>>7186458
Yeah, he probably needs to pay for rent.

Isn't the largest wallet Satoshi himself?

>>7185786
the wallet has 180,000 BTC in it, even if this is an actual holder, so what? he sells 7,000 BTC out of his 180k, maybe he needs cash for something else. Obsessing over the 3% wallet movements of whales isn't doing anyone any good and you're wasting your time

Maybe the monthly bills were just due today?

A whale dumping btc on bittrex... fucking Lmao as if cunt

>>7186551
7000BTC is almost enough to clear all of GDAX buy book.

>>7186551
"He" has quarter of a bil usd in "his" wallet? Pretty sure we're dealing with some (((bankers)) here at this point.

>>7186770
It's the DoD

it is all the jews that bought you greedy assholes BTC when you bought cRipple

>>7186551

>Why did he only sell 7000 BTC instead of everything

Fucking retard. There aren't enough buy order to cover anywhere near what he has. He has to sell in chunks, otherwise the price will plummet to nothing.

Already confirmed its the Winklevoss twins

>>7186940
fucking weak hand frat boys.

>>7186551
You moron, if they sell everything at once they could crash Bittrex, Bitfinex, GDAX, Binance and Poloniex on one setting

lmao

>>7185786

Its the fucking Bulgarians

https://cointelegraph.com/news/bulgaria-seizes-enough-bitcoin-to-pay-off-15-of-national-debt

>>7185786
Why bittrex? Is he going to tether up or buy eth?

>>7185786
wait but why did he send it to Bittrex? You literally can't sell for actual USD on Bittrex? Maybe he's doing it anticipating the USD market opening on Bittrex in the next couple of days? Or getting some alt coin?

>>7185786
I thought Roger Ver had like 300,000 BTC? In which case this isn't the biggest whale.
(Satoshi doesn't count)

>>7186940
Source?

>>7186999
>weak hands
>has made it this far

He's gonna buy link with all that BTC, woke whale

he's going to buy ETH

>>7186541
He’s dead

>>7187097
1. Sell BTC on Bittrex for USDT
2. Redeem USDT through Tether Inc. for real dollars

>>7186375
this guy is missing from the list
https://bitinfocharts.com/bitcoin/address/3D2oetdNuZUqQHPJmcMDDHYoqkyNVsFk9r

>>7185786

If it's moved to Bittrex then it's clearly fucking not being cashed out as they don't do fiat.

Seems to me as though someone might be doing some alt shopping.

>>7187005
yeah right you think they are dumb enough to crash the price with a fuck ton more coins still in storage

>>7187470
And you know what that means.

>>7185786
WE NEED TO STOP THIS NOW

>>7186770
Winklevoss?

>>7187470
>If it's moved to Bittrex then it's clearly fucking not being cashed out as they don't do fiat.
You get USDT from Bittrex and redeem it through Tether Inc. It's not that hard.

>>7187470
>move that kind of money arpund to buy alts on the day the market shits it's pants
Yeah nah

>>7185786
Remember what happened to Litecoin after Charlie Lee dumped?
GET THE FUCK OUT OF BITCOIN NOW BEFORE IT DUMPS TO 3K

>>7187205
Why would he buy ETH with USD?
Some sort of complicated ARB?

>>7186541
Satoshi is the CIA, they have been funding black ops with BTC
The Trump/Nunez memo has got them freaking out about possible reforms to the agency.
Screencap this.

>>7187602
but that make no sense just go to coinbase / gdax and get USD directly
if you send it to bittrex is to buy alts

EVERYONE STFU ONE SEC

Any of you altfags still holding?
Am i the only one left

>>7185786
>bought 20k on New Year's Eve.
That's some next level shit there. I wonder what the dumped for them.

>>7188095
still holding 10k fun
rest is in ETH

>>7188095
I'm holding 20k LINK plus some ETH & ETC.

>>7188261
LINK, huh?

>>7188095
ballsdeep in xlm. hodl till fairx and beyond.

anyway. since our whale transferred 4000btc to bittrex, obviously to trade altcoins, he will buy a fuckton of whatever coin he finds promising.
prepare for huge buy orders.

>>7188261
>link
I have some bad news for you

>>7187113
He sodl most to help pump bitcoin cash

>>7189102
You people are dumb as shit. It wouldn't make sense for him to go btc -> usdt -> USD when he can just go btc -> usd through a website like coinbase. He's probably buying eth or xmr

'Bitcoin Jesus' says investors should be ready in case bitcoin falls out of favor

>>7187426
>https://bitinfocharts.com/bitcoin/address/3D2oetdNuZUqQHPJmcMDDHYoqkyNVsFk9r
that the bitfinex cold wallet you dumbass

>>7189589
actual if factual

>>7187216
No, I'm not.

>>7185786
I'm not dumping. I'm just manipulating market expectations so I can buy it back tomorrow.

FUD niggers detected

>>7187113
>current year biztards legitimately believe Ver to be the largest whale
you know you're having problems when you don't even know the name of your lord and master

>>7186456
this guy gets it

>>7186551
180k?
So, this is probably Bitfinex / Tether unloading - or rather, 'doing a buyback' to pull some of their fat out of the fire.

>>7187241
please show one example where someone successfully turns their tether into USD?

One example. Please.

https://www.youtube.com/watch?v=yHM0ow6Pc_M

>>7191040

I'm sure the people who run the exchange have turned it into a bunch of $, but I know that's not what you meant.

NONONONONONONO DAAAAAAAAAAAAAD PLEAAAAAAAAAAASE NOOOOOOOOOOO DONT NOOOOOOOOO REEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE

Weeeeeeeeeeeee!

>>7187241

You can't redeem USDT for USD.

He's just trading altcoins lol

>>7190893
It's the Vinkelvosses.

>>7185786
That's more than enough to smash the 8k support level into oblivion

>>7191477
You think 7k bitcoins being sold is enough to crash it 17%?
Lolwut

>>7191477
after they load up on XLM, ADA, ETH, the holy trinity of development and progress.

the dump on bitcoin core retards, its gonna be yuge

>>7185786
i wonder if they know you cant cash out

>>7185786
Can anyone explain to me why only a handful of transactions are showing up here?

>>7191513
>t. Retard that doesn't know how to interpret market depth

>>7191477
lol you realize there are multiple exchanges now right?

>>7186306
you can see the tx's on the blockchain you dumb nigger

>>7191561

That's the big final laugh. Bitcoin shows a market cap of $153B, but that's only because of the artificial price support.

As soon as a few big names try to cash out and they discover there's no real $, the balloon pops.

>>7191237
so you can't give one example. got it.

Can't cash out in bittrex so they are just alt buying

>>7191651
The actual cash has been slowly drained into the personal bank accounts of the Tether mafia over the past half year. The true underlying value was substituted with Tether
It's like how beekeepers steal the honey but replace it with cheap sugar water or high fructose corn syrup and the bees carry on eating the low quality substitute like everything is fine

Guys usdt on bittrex is stable and at an higher price than real usd on other exchanges, so obviously this 7k BTC guys isn't dumping on that pair. I think he's accumulating altcoins instead with all that BTC,

>>7191584
>implying bitcoin is a market
Its a ponzi scheme that requires new money to always come in.
The new money is not coming in anymore hence the price is falling. The cost to mine a single bitcoin is now 4,300 USD
Bitcoin is going to collapse. Interest in crypto is falling off

>>7191774
Tell that to the shit coiners.

>>7191746
buyin altcoins is obvious
which ones
XLM, ADA?
NANO isnt even on bittrex yet
are they gonna buy GBYTEs?

>>7191774

I'm glad people are starting to figure it out.

Unless you've always known, and were one of the few people who understood what I was talking about in this thread I OP'd last night.

>>7162641

>>7191869

Actual link:

>>7158418

OK FAGS
Which alts are dominated by bittrex? There will be local pump.

Cardano? I don't believe he's getting this shit

>>7189192
neo

>>7186126

>>7185786
is xmr increasing on buttrex?

>>7191774
This guy gets it. Ponzi schemes only work when the government forces you to pay in or get raped in prison.

>>7192272

The other side of the whole "unregulated" argument.

Regulated also means protecting both buyer and seller.

When this whole crypto pyramid collapses, people are going to be ass out with absolutely no recourse.

And when they will complain, they will be reminded that they insisted on an anonymous system with no regulation.

>>7188095
I’m all in on ETC at the moment. Planning to flip it to OMG before March.

>>7192356
The reason it's collapsing is because of regulation. Look at what India just did. Regulation will just allow the government to choose which premined coin will be adopted so they can be the winners. Government regulation always leads to cartels and monopolies.

>>7187756
>crashes btc
>subsequently eth crashes
>introduce new money to buy cheap eth
>profit

post your face when it goes go all in your coin >@ market buy

>>7192458

No, it's collapsing because it's a classic Ponzi/Pyramid scheme.

And as someone pointed out, these only last as long as new investors can be found.

Once the current coiners are out of money, there won't be enough new investors to keep the bubble going. And as soon as it stops growing, it pops.

This bubble is working out exactly like every other bubble in history.

>>7192590
>Once the current coiners are out of money, there won't be enough new investors to keep the bubble going. And as soon as it stops growing, it pops.

No it plateaus and people use it to buy stuff. But if the government says you can only use Fed Bux to buy stuff (actual monopoly money) then it crashes.

>>7192590
But there billion of potential investors still. Just wait till your bank account suggests you to invest in crypto, dotcom bubble popped that way

>>7192590
that's why the internet isn't around anymore

>>7187602
>It's not that hard.
nigger, they don't do that. tether inc is closed to actual users.

Surely the only thing worth moving your shit to Bittrex for rn is ZCL?

>>7192685

If it could be broadly used to buy things, it would have utility and it might not crash.

But right now, outside of the black market, there are a few places that accept it as a stunt, but there is no real support for its use as a payment method.

Instead, the "value" (and especially the rise in value), wasn't because of utility but because of speculation.

Instead of buying to use, they bought because they thought they would be able to sell later for more.

This is the primary symptoms of all bubbles.

I don't know how old you are, and I don't know how much you have studied bubbles (or if you can talk to someone other than me who lived through all these things), but compare the whole crypto craze to....

... the baseball card bubble.
... the housing bubble.
... the beanie baby bubble
... the silver rush of the 1970's.

There are the same common themes in all of them, and it these common themes that define it as being a bubble.

>>7192745

Real people with real money aren't going to invest in cryptos.

Most of the real money is held by old people, and when you reach a certain age the name of the game is capital preservation.

This is why steady dividend payers remain steady.

No one past working age is going to put their money into an investment that has a 50% chance of dropping 40%. It just isn't going to happen.

>>7186007

No you fool

This is the beginning

https://www.youtube.com/watch?v=Y0SwlMohRng

>>7187046
he's buying alts

>>7192803

But the internet isn't a ponzi scheme.

But... the dot com bubble was.

People threw money at any internet company that came along. They didn't take the time to figure out what the company did or whether it was sustainable, they just assumed that if it was about the internet it will succeed.

This is why we keep talking about the dot com crash. Yes, there were a few companies who succeeded and are still around, but you could line the roads with the bodies of people who lost their ass putting all their money into fly-by-night internet companies with unsustainable business models.

>>7192859
>>7192859
>But right now, outside of the black market, there are a few places that accept it as a stunt, but there is no real support for its use as a payment method.

That is because it is in legal limbo because until this year it has been mostly seen as a novelty for nerds. But as we've seen in India and other places governments are beginning to see it as a legitimate threat to the fiat ponzi and will make it illegal and morons like you will like clockwork blame free markets. Well fine, I'm all in blackmarket coins they will hold value higher than I bought in at least.

>Instead, the "value" (and especially the rise in value), wasn't because of utility but because of speculation.

People are speculating that it will be legal tender at some point. But again today India declared it isn't and will punish anyone who disobeys. If I buy a house and the government confiscates it for no reason other than it has a monopoly on guns and thugs, that dosen't mean real estate is a ponzi it means the government is authoritarian.

>>7186750
Thats the problem. He cant even sell it.
I mean hed still be rich but all of the remaining coins wous be worthless.
I guess hes going to buy eth or other dipping shitcons

>>7192214
look it up yourself faggot

>>7191774
>implying gold is a market
Its a ponzi scheme that requires new money to always come in.
The new money is not coming in anymore hence the price is falling. The cost to mine a single peace of gold is now 4,300 USD
gold is going to collapse. Interest in gold is falling off

https://www.youtube.com/watch?v=bUFWXpYJKaI

>>7193069

India isn't trying to stop cryptos because they think it's a threat to money, they are trying to stop it because it is at best a ponzi scheme and at worse a criminal enterprise designed to steal peoples money.

Or do you think that "cloackcoin", "HTMLcoin" or any of the other 1500 low-level coins are anything but scam?

Last time they did this was Oct.24 went from $6000 to $20000 shorts are gonna get rekt!

>>7188095
All in on fun

>>7193221
fuck you nigger

I assume the info isn't available, but I would love to know which percentage of holders bought coin on margin.

With price drops like these, margin calls would be going out. If they can't pay in more money, their positions are sold off, which drives the price down even more, which wreaks more people,etc

And can anyone tell me what the conversion from Rai stone to bitcoin is?

I've got a pretty big holding I'd like to convert.

>>7193470
Check bitmex rekt

>>7185786
In his perspective he's probably taking profits while he can, dumping 4k on a 172k stack isn't really much

>>7193232
>>7193025
This is obvious. We're here to bet on the spread of lasting belief in the most viable protocols. Fortunately, there is a lot of time between now and the big, huge, final stage of disillusionment where true economic viability of a mature, widely used technology beats down everybody's expectations. This current selloff is just a tempering of expectations according to the capabilities of the tech as it stands now. However, there are obvious, attainable improvements (scaling solutions, oracle solutions, UX improvements, general shifting of the overton window wrt the technology, etc) that will be made in the coming year that will reignite imagination and set off a whole new period or two of overblown expectations and overvaluations. Yeah, remember the dotcom bubble but don't let it turn you into fearful knowitall cowering in fear behind an ego of "wisdom."

>>7193676
Imagine being a billionaire but not actually being a billionaire.

The feeling must be insane

>shopping spree for altcoins

>>7193256
Yah Can't let people make choices for themselves. People like you can't be reasoned with.

>>7193800
Considering altcoins also dumped I would have done the same thing

>>7185786
sweet jesus

>>7188095
Excdpr for my eth Im holding FUN, OMG, and BAT

>>7193708
>obvious, attainable improvements
Are you a distributed systems engineer? You can't get everything you want in a distributed system. I repeat: there is no perfect distributed system. The solutions to fundamental problems with bitcoin are not known

>>7193025
>few companies

Almost 50% of the companies survived the crash...

Economic collapse is coming. Banker whales pulling their money out of non-necessary assets. Bond market entering a bear market. Stock market is down. Silver and gold are down. Be scared. Someone got insider tips

>>7191561
Bingo. I wonder if most paper-rich crypto people realize they can't cash out. The bigger you're the more you're fucked.

>>7193931
s&p 500 is down 0.06%

>>7194116
This is what always made me chuckle at all the people who would get triggered by the 'cant cashout "meme"'' posts. Everyone literally cant cashout which is why people should take profits from time to time.

>>7193931
usa stock market is up over the last week and up bigly over the last month. foreign stock markets are all up over the last week

its not correlated at all with the crypto crash

>>7193931
I'm basically 99% fiat. Like 200k. What should I do with it? I am scared

>>7194120

>>7193868
Yeah, that's fair. There isn't a perfect centralized system either, hence the crypto experiment. I'm not a system's engineer but there are hundreds, if not thousands of systems engineers trying to figure out those problems right now through Bitcoin, Ethereum, Monero, Factom, Lisk, ChainLink and a handful of other generalized protocol projects. Of course they don't know the exact solutions, that's why they are trying new things that seem like they will work. Lightning? Casper and Plasma? Bulletproofs? Decentralized oracle networks? Some of those things will work, some won't, but they will ultimately give us more information about just how far things can go or what developers should try next to improve the technology. The fact that solutions are unknown is a GOOD THING for us as speculators.

>>7194120
GDP growth will be 6% next quarter

Don't listen to these fucking retards USA is doing awesome

>>7192685
Nobody is buying bitcoin to use a currency and you know it. Also, if you want to use bitcoin as a currency it doesn't matter what price bitcoin is at, since it's almost infinitely divisible. BTC at $100 is just as usable as a currency as BTC at $18,000 is

>>7194170
>the 'cant cashout "meme"
Well, of course it's a meme. You can cash out, I did it at the end of last year. But if you try to do it when the market is crashing, you might have a problem if everyone else is trying to do it too. Coinbase probably doesn't even have enough money to pay everyone back

fuck is it going to rebound?

>>7194297
I meant that as a response to the claim that the stock market is down... 0.06% is not much. s&p 500 is maybe in a very minor correction. I agree with you.

>>7194375
It'll bottom at 6k

>>7194650
you think its going to go up after that or do you think the new govt regulations will keep it low?

>>7186486
interesting consequence of a public ledger: everyone can see when the whale's selling.