/biz/ - Business & Finance

Volume is low as shit

Ain't nobody buying this shit nigga

>>8420624
Whales are buying via limit orders. Little fish are selling to them.

>>8420602

I find it strange how bearish it is now (even the HODL people are selling). A lot of projects actually have some good news coming up and are progressing well. It's a lot of coordinated FUD from news sources and the mt gox bullshit. From the very beginning of january to now it has been nothing but nonstop FUD, to slowly wear away at everyone to sell as low as possible.

Possibly lots of insider trading as well.

See:

Korea fud
China fud
USA fud
Mt gox fud

and many others, all in a span of 3 months

They think it's going to 6k or lower this week.

I think it's going to pump back to 9k at least by the summer time then slow bleed to the low.

>>8420666
Yup and tax fud plus g20 tomorrow. HODLers are retarded and sell at the peak of the fud.

>>8420602

There are no fundamentals. Not sure why coiners can never understand this.

>>8420967
thanks for posting the future eth chart here

>>8420666
maybe it has something to do with the fact that bitcoin is a scam and you got scammed

>>8420602
>fundamentals
>crypto

>>8421082

I never mentioned Bitcoin, I'm talking about other projects in general here. However since they are pegged to Bitcoin they will suffer whatever fate Bitcoin does and that doesn't change until they all have fiat gateways.

>>8420602
Do you really think that crypto mooned because of fundamentals in december?

>>8421082
kekd

>>8421150

this thread has nothing to do with that

>>8420662
I keep hearing this over and over again like it's a mantra or even a coping mechanism. People have been saying this nonsense about 'shaking out the weak hands' since at least 2014

It's ogre, man. The peak at the winter solstice was the high watermark, when people were willing to throw insane amounts of money at crypto because it just kept going up and up, and it stopped once the whales caused a chain reaction starting to cash in on all that market cap. Now the longer people stay in crypto, the more they'll lose, because people keep putting money back into a market to speculate on where the bubble is shrinking and there's no more major investment. I don't think major investment is coming again, I don't think crypto will bounce back this time because it got up so high that something fundamental changed that wasn't a factor in play in previous years, which is that it attracted regulation. Governments and banks didn't used to talk about regulating everything the way they do now. So the more money gets pumped into the market by the little fish, the more the whales will suck up. I'm sure the last 25 billion of networth that just vacated BTC recently was sucked up by the Mt. Gox trustee, too.

>>8421174
>w-why is everybody so b-bearish since d-ecember
>w-what do you mean december had nothing to do with fundamentals???

>>8421174
You were talking about fundamentals and they don't matter in crypto. It's all about fomo.

>>8421199
I never said any of that

>>8421016
>>8421108

>CRYPTO ASSET IS NEW SO PREVIOUS EVALUATION METHODS DON'T APPLY

The fundamentals are the project use case, team, and tethers to real world business. If you dumb niggers weren't so caught up in "MUH NEW PARADIGM" then you'd see this.

>>8421217
>Why is everyone so bearish all of a sudden? The fundamentals have been all positive lately.

>>8421176
she is fucking ugly and those tits are as horrible as your post

>>8421221
>invests thousands of dollars into vaporware ERC20 that can be cooked up in a day by any developer worth his salt because muh solid team
>accuses others of being "new paradigm"fags
my sides

>>8421260
Enjoy your empty bags. I'm going to enjoy her filled ones.

>>8421221

And this is why all cryptos are going to zero.

>>8421323
Hitomi makes me sad. Two monster jugs wasted on a face like that. She looks like the Tau from warhammer.

>>8421383
Wait, now it makes sense. This is why /biz/ keeps pink wojaking... none of you have any kind of accurate perception of the world whatsoever. You can see an attractive woman and think she's ugly. You can look at a shitcoin like Vechain or ChainLink and think it's a great investment. You are all completely clueless, and that's why crypto is like everything else that came before it that you all thought was different too: a lot of losers pay the few winners.

>>8420602
Bitcoin got tether pumped.
Most alts are literal ponzis.
But yeah great fundamentals.