/biz/ - Business & Finance

>>7332013
Now listen to this retarded ass theory I have. Institutional money is exiting the stock market through the interest rate bs meanwhile diversifying into cryptos and buying up the supply and manipulating the media to their advantage. I know this is some brainlet level conspiracy but it matches up with everything.

tldr:
>People are panic selling. It will rise again.

It's bullshit though. No one knows what the actual value is and it's only worth what people will pay for it. It's a bubble. It's crashing. Get over it.

>>7332013
>reddit
tl;dr nigger
go back to plebbit and finish your gender transition to shemale attack helicopter

>All that to text just to drive home the point that fiat has worth based on trust
Redditors need to learn how to condense their points

Bullshit. A sell off is not a +60% drop, the bubble fucking popped.

>>7333078
this your first time in the cryptosphere?

The mean is 800, not 8000

>>7333078
>+60% drop
Laughable. I had to deal with $1k to $100 drop in the past

>>7332013
>https://www.reddit.com/r/CryptoCurrency/comments/7vga1y/i_will_tell_you_exactly_what_is_going_on_here/?st=JDANKVDE&sh=c43fd0f2

[deleted]

Do we have an archive somewhere?

>>7333078
you came to crypto one month ago?

>>7333078
>thinks 60% is big for cryptocurrency
hello newfag

>>7332275
Sides. Mine.