/biz/ - Business & Finance

>>8201815
My shorts are also ready. Feels comfy.

>>8201815
>This now following the last wave all the way down to $3-4k
Why are bears so fucking retarded.

>>8201815
>>8201826
B-B-B-B-B-But Oracle Z said we are going to moon?!!!!! AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>>8201847
?being this mad
Sorry, I can't hear you over my gains. Stay poor.

>>8201847
Bears are just like the bulls. They hope their outcome will be on top. Just like the bulls hope for the price to rise, bears hope for it to fall. There is money to be made on either side, just got to pick the right one

>>8201910
>trying to short something like bitcoin longterm

>>8201929
Enjoy getting dumped on by the Mr. Gox trustee

And Karpeles when he gets his coins back

And CW when the Tulip trust expires

Enjoy

>>8201815
Nice i read some entrails of a cat that got run over. Saw bulls stampeding

>>8201955
good luck on this lol

I don't trade on margin, I've held my coins for years now and I guarantee you I've made more than you and will make more than you in the future.

>>8201994
>>8201929
Shorting feels so wrong but so right. Am I going to make it bros?

>>8201815

>>8201994
It seems you're not very comfy with the truth

>>8202048
>Currently in a bear pennant
What a moron

>>8202083
I am tho. Who here also comfy with their shorts?

>>8202020
>shorting low

you do realize you're literally selling low right? BUY LOW SELL HIGH
LONG LOW SHORT HIGH

jesus christ you people are fucking mental

>>8202141
how many times are you posting the same picture in this fucking thread you stupid fuck

>>8202020
>>8202141
shorting at a major support line
literally gambling

>>8202197
The what now?

>>8202211
If you say so anon.

>>8202228
didnt see your entry lol

>>8202228
Nice gains. Death cross also forming on the MA. This shit is going down hard.

>>8201994
What are you currently holding?

>>8202405
His mom's tendies.

>>8202449
Delicious

>>8201815
All these fucking drawings are incredible. Do any of you really believe any of this actually works? How far removed from sanity are you?

>>8202458
If it works, it works. Stay mad.

>>8202552
what leverage is this? x100?

>>8202692
probably 25

>>8202048
he better be fucking right because I just bought

>>8203060
March 8 is today and everyone looks as it is gonna go lower. Don't trust random faggots on twittter or me for that sake. Btw he has a consistency of about 5% on his calls. He just keeps saying he's always right, but he's always wrong.

>>8202552
>>8202301
>>8202020
>>8202141
>short Bitcoin after 25% decline in 2 days

A plan well vised only a true professional trader could come up with.

>>8201892
>Japanese trustee dumps 8k BTC because of legal case
I PREDICTED THIS!

>>8201980
you will be in for a surprise, young autist

Lol at the bulls posting their cope lines. It doesnt take a genius to know this is dropping to 4k.

THAT 0 VOLUME HOLY FUCK ITS OVER

>>8203118
>>8203133
If it works, it works. Stay salty. Better HODL anon, it's gonna be a bumpy ride all the way to the bottom.

Holy shit that sell wall. Bye bye moneh

I'm considering a long here. We have big support in the area of 9k-9.4k, so if I can long at 9.6-9.7 the trade has a good risk reward ratio.

>>8203303
Very risky imo.

>>8203303
you should have done that at the beginning of the pennant (9300) right now the pennant is almost complete and longs aren't the smartest idea...
Just telling you what I think.

>>8203303
strong support at 9.3k

Don't short. Short is a leveraged position where you have to borrow coins. This is bad because you can lose all your money.

Just move over to tether, until it starts going back up again.

>>8203303
I personally do expect a green candles pushin the price just below 10k or just into 10k. Max is 10.15k though. But I'm not sure if we're going to see a price above 9850 right now.

>>8202405
btc of course, but mostly eth. I think eth will surge after all this mt gox shit. As for smaller positions- neo omg xmr nano.

>>8203303
Plus we're crossing the EMAs into a death cross which could spiral us down to 8k very quick.. don't just long because you think
>price is low
>support
Cause those supports break quickly as we saw last time with the push down to 6k

>>8203364
estimated time on death cross?

>>8203216
I mean seriously: 10k for a memecoin?
RIdiculous. It will bounce back many times, but the destination is clear to everybody with a few braincells left.
WS will short the shit out of these cultists.

>>8203379
See
>>8202301
Even with moving averages, a cross is forming on the daily. It was fun while it lasted. You can make money even when the market is going down tho. If you feel confident enough, just short and put stop losses.

>>8203379
As soon as the bear pennant is done, you can see the lines are a nanocentimer away from eachother. If the pattern is right we should see a small push towards 9.9k-10.1k and then take a dive testing the 9.2k support, if that breaks we're in the low 8's and likely we will see a fast dip into 7k as 9.2k is one of the most important supports right now. Expect to see a result today

>>8203397
>you have to buy a whole coin
>$10k BTC is "expensive"

I bet you think ripple and tron are "cheap". Fuck off.

>>8203397
Its that the market is highly speculative but honestly in the long run. This is cheap. By the time society deems our age enough to retire we could have retired 20 years ago from that age by buying BTC at its current price.

But this is not how a market works since we want to make money now, not 20 years later. Simple psychology. Also you need to learn to look at marketcap, the marketcap of BTC is still a spic compared to the marketcap of Gold, USD and other financial instruments.

Its here to stay and a lot of people don't realise how conveneint BTC actually is in comparison to gold and USD. And no I'm not talking about illegal stuff.

Its stupid to both short and long near a major support level. Its basically a coin flip. It either holds or breaks.
Dont be stupid and wait for a confirmation of the direction before doing any trade.

>>8203551
>the virgin wait vs. the chad coin flip

there's a lot of fear in the hivemind at the moment. Which means now is the time to be greedy and buy buy buy. If you chose wisely that is

>>8201815
longed at 9400 plus shorts paying me interest
beat me OP

>>8203344
double checked. I cant believe biz retards are want to gamble with their 2017 gains.

>>8203344
>>8204034
what is stop loss

>>8203442
21 million x 10k for a dinosaur meme, ripple is expensive, trx should be 0

>>8203541
I understand, but why should it be bitcoin?

>>8201815
>that filename
the irony

>>8204136
Bitcoin has a lot of unique features no other coin has:
>first mover
>Anonymous creator
>Main player in the market and position, everything depends on it
>continual development, although slow, reassures market position.

You can't deny BTC of its rightfull place. Its like saying why shouldn't silver be gold? Why shouldn't platinum be gold? FLIPPENING?!
No, it just doesn't work that way. No other coin will ever have what BTC has.

I'm pretty sure some coins will still hold their heads above the water in a full blown crash but when things start picking up again, all eyes on BTC. This explenation might not be satisfactory but there's a sublte truth to BTC you can't deny. Plus I'm pretty confident that just like with the internet which was unscalable untill early 2000's that Blockchain/BTC will experience the same.

Every feature you hear about coins are just excuses for price movement. News is bullshit aswell, its just an excuse for market makers to push the price where they want it to be. Same applies to any financial market.

sorry to burst your bubble but this shit isnt crashing its going to break 11k

>>8201815
I know it's time to increase my positions when people who draw memelines are fudding.

>>8204474
FUCK SELL SELL SELL

>>8201815
t. sold at 6k

>>8204474
What makes you say that?

>>8204474
remember remember always do opposite of omegafag says
omegle always wrong never right
cya at 6k

Huh. Fakeout was confirmed indeed.

>>8201815

Cue instant flip with a 500 btc market buy into 11k. Wouldn't surprise me in this fucking insane market

>>8205051

How long will this be your boogie man? I pleaded with /biz/ to tether Tuesday night with Cohn resigning and the tariffs looming. Nobody listened.

trying to predict btc price with triangles kek

>>8204474
>omegamale calls crash for weeks and it never happens
>finally calls pump and a huge red candle appears

>>8205495
What is the current BTC price, by the way? I heard it just hit 9250.. Could be rumors, though

>>8205540
fuck, this is funny but i don't like it

>>8205551
Did your triangles predict the January/February FUD news too?

>>8205540
>>8205606

Pump in a month then

>>8204474

>>8205636
>le China FUD
>le January dip
>le Wall Street futures
>le SEC FUD
>le Mt. Gox money
Are you going to come up with excuse after excuse for eternity?

>>8203541
>the marketcap of BTC is still a spic compared to the marketcap of Gold, USD and other financial instruments.

Coping this hard. Why the hell would btc ever come close to competing for gold or the usd?

>>8201815
>Muh Elliot Waves
Looking forward to your editing on this in a few weeks time.

>>8205712
Coping? I'm bearish as fuck, this is a rational fact considerd for longterm. Fucking dumbfaggot.

How long will the 200 EMA hold?

>>8203252
Here, take the high res version, with added shading.

>>8201892
You literally have a better edge playing blackjack without card counting. Good luck with your gambling addiction though

>>8205697
Are you going to avoid the question for eternity?

lol @ the mad permabulls itt
stick to reddit, kids

>>8205921
Nigger, I you were in crypto longer than three months, you'd know that FUD happens all the time, any time, and even worse things than just FUD, retarded December buyer

>>8206003
*if

>>8204474
if you numales cant realize that red candle was just a shakeout for the weak handed cucks like yourselves. I stand by my prediction

>>8206132
implying the term "weak hands" has any sort of weight in the finance sector, invest with your fucking brain not memes.

>>8205697
>>8201815
>>8201826
Anyone believing in TA is a retard.
A single jap has been dumping the market for 3 months straight. TA faggots B T F O

>>8206233
Wall Street futures, don't forget about Wall Street futures!

>>8206003

no shit FUD happens all the time, and it usually has a noticeable effect on the price. My point is your gay little triangles can't predict the future of the market. TA fags definitely didn't predict events like Mt.Gox or the other news that helped drive the price down.
Fucking brainlet i swear.

>>8201910
Bitcoin price based on transactional volume should be between 7K and 21K - anything lower than this is oversold, anything higher than this is overbought

8700 soon.

>>8204474
oh jeez, it's this guy

we're going to 8K, aren't we?

>>8206132
Thanks just shorted 100k

1 hour chart looks vicious.

>>8206260
And my point is, you come with fancy gay explanations literally EVERY FUCKING MONTH to justify your misery and inability to fit in the market. Last time it was CME futures, remember?

>>8201815
nice memelines

>>8201815
Ta fags are unbearable. See you at 1 mil per coin cucks.

>>8203303

Fucking TA faggots there is no support. Your meme lines have nothing of value in a market that is entirely manipulated by couple individuals.

>>8206460

> entirely manipulated by couple individuals

this is truth most wont admit to themselves...

much decentralized...

>>8206132
your words have no value

>>8201815
glad i sold everything yesterday and exited +/- 0. this shit is going down.

the real bloodbath everyone thought already behind us is approaching...

the hype is over and new buyers dry up. its going back to 3 digits.

it dumped at the same time yesterday...SAME TIME....fucking timed and planned...

new paradigm all the way...this is one broken speculative manipulated shit....no real future in it...only quick buck making for those who can ride the whale waves

Support didnt hold, we fell back into this monstrous downward channel again.
If we wont return back in a timely manner (24 hrs or so), we are going to 2k, or even lower.
The future of btc and crypto decides in a next day or two. Will be interesting to watch.

>>8206460
Just bought the dip at 9.2k. If you look at the chart there are a lot of previous tops and lows around 9k, therefore this will probably act as a support.
>but whales dump below the support in one big order, therefore support doesn't exist !!!!!

>>8201892
what site is that?

I don't give a fuck if it goes to 0. All my life savings are in this shit but I don't give a fuck.
I'm behind 4 grams of phenibut, nothing's gonna make me care right now. I'm holding.

>>8206848
>mfw I'll never be that cat getting licked by a qt
why live

>>8206953
Enjoy not being able to afford phenibut you stupid cunt. You bought at 19k didn't you

>>8206911
or it will crash again

>>8207311
Bought at 8 k so it's still up. My shitcoins are down these days but not too bad. Sold nuls with over 30 percent gains and sub is going up today.

>>8207398
>30% gains
*breathes in*
HAHAHAHAHAHAHAHAHAHAHAHAHHAH

>>8207569
I'm buying in when it dips more. Not abandoning my long term positions if there is any long term at all on this hell train.

>>8201815
So you think you have magical powers to predict the future because you have the Power Of Drawing Triangles.

LOL.

>>8202048
Dude, this guy is a MLM fuckwad. He's just trying to sell copies of his shitty book for $20 a pop. He's a bottom feeder.