/biz/ - Business & Finance

>>9109341
that's for pussies
>kys

>>9109341

It's already been confirmed that it's being sold in a private sale and not an exchange so as not to affect the price

stop FUDing, it's obviously having no effect anyway

>>9109341
I dont have much of the shitcoin BTC, can't wait for this to dump market share though.
NANO is the future, resistance leads to despair.

>>9109390
Yeah btc totally isn't going to take half the market with it...

Stop loss: none

Can't shake me out cux

>>9109406
Short term. Long term BTC will lose position #1 and useful coins with adoption are going to replace it.

>>9109341
Fuck off retard.

$130M Tether issued, 16000 BTC's moved. At $8700 per coin and with a -6% premium (doubt the trustee cares what he sells it for, it's not his money) it's $130.8M

He must have sold it over the Bitfinex OTC desk. My opinion is that bigger players drove price down so they could buy cheap from him on the preassigned date

>>9109373
confirmed where?

>>9109441
>useful
>NANO

>>9109441
Whats the time frame and any coins you favor...just your opinion, of course

>>9109497
OTC sale and you're still posting in your retarded thread? KYS

>>9109505
2-4 years. IOTA NANO EOS SONM ZEN Phore Syscoin.
There are so many promising projects that I'm likely missing a lot. BTC's biggest idea is to staple on a value network - that's what the chain should be for, fucking fix it.

>>9109524
where is the OTC sale confirmed? i can't find it anywhere online

>>9109524
Proof? All I see is you coping.

Kys
Y
S

>>9109341
>Tether
>>9109367
This.
>There are people on biz right now that only know how to make money in a bull market
>There are people on biz right now that don't know you can "Tether up/Cash out" without touching Tether or USD to avoid taxes on each trades.


In situations like this your can make more money when BTC crashing than you can chasing moon missions if you know what you're doing, just by trading BTC, no need to touch altcoins.
Why are you missing out on these gains? BitMEX (the "mex" stands for Mercatile Exchange) is the only crypto exchange in the world that offers 100X leverage (but it's not because you can that you must, go small and work your way up).
Let me explain what this means. So lets say you were to have shorted (placed a sell order) for BTC at $10 000. Let's also say you only have .1 BTC to trade with, or $1 000 worth. With .1 BTC at x10 leverage you can sell 1 BTC. Then for every dollar BTC goes down, your position is worth $1 more. Say BTC goes to $8 000, if you close your position you then get the difference which is $2 000 in profit paid to you in BTC, that's a 200% profit
I would suggest you learn TA before you start trading. You can train using their testnet (free).
You want a moon mission? BitMEX is your moon mission.
Euros and others can sign up but US users are banned (just sign up with a proxy and then you can login from a US IP with no questions asked). If you're going to sign up use my reference code, using a reference code gives you a %10 discount in fees. May not sound like much but it's saved me hundred of dollars in the past weeks: https://www.bitmex.com/register/toYHiE

>>9109686
My advices if you want to stay safe, and if you don't want to use Tether

0. x100 leverage is pure gamble I can not stress this enough, use lower leverage

1. Read the docs and make sure you understand exactly how the contracts work (both futures and swap), profit/loss calculation and how liquidation works. Make sure you understand the difference between mark price and index price.

2. x1 shorts are way to cash out without using the Tether time bomb or Fiat:
Say you have 1 BTC which is worth 10 000$ at a given time in bear market and you think it's doing to dip further you short sell 10 000$ worth of contracts which will cost 1 BTC
A few months latter BTC @ 5 000$ and is bullish again, you decide to go long again so you buy back/close your short position you still have 10 000$ worth of contracts so you have now 2 BTC.
You can even get paid funding rates for holding your position + makers fee for going short
https://www.bitmex.com/app/perpetualContractsGuide#funding
If you're "cashing out" long term and you don't want to pay funding fees use futures contracts (XBTH18, XBTM18) not the swap contract (XBTUSD)

3. The interface may seem a bit complex to some, don't let that discourage you, it has very advanced order types and you can practive with testnet BTC (get some from a faucet) on bitmex's testnet.
Make some trades on the testnet to confirm your understanding of the contracts and the site in general.

4. I prefer trading on Cross. It's very important to not trade too many contracts, I trade 1 contract at a time. I strongly recommend not to trade so many contracts that your are more than 2x leveraged. Ideally less than 1x, at least in the beginning.

5. Don't forget to set a stop loss, plan your trades and trade your plans.

Trading with above x5 leverage is a lot harder than most people think. By far most traders on there lose money because they use too much leverage, those that trade with x100 leverage lose all their money, so don't use that.

>>9109700
i am about to short bitcoin right now with 10x leverage, im not sure wether to short now or wait a few hours. what do you think?

>>9109767
I'm shorting @ 9320 then taking profits @9130

>>9109844
i was planning to short at 9300, and i think its gonna drop back to under 9k

Tether is a crutch for people without iron nuts

>>9109986
And people that like money

16,000 total, maybe wholesale price of 8500, lets see

$136MM worth of reasons to dump

>>9109341
Maybe this is related somehow to what this dude is writing (read below the chart and in the comments):

https://www.tradingview.com/chart/BTCUSD/RwXjfet9-Manipulation-and-big-bear-reversal/

>>9109767
You wipe yet?

>>9109459
WHY PRICE SO LOW GAIJIN? I TRY GET BEST PRICE

>>9109341
This is why NANO will be 1# within a few months
NANONANONANONANO

Bch might be second /s

>>9112540
Bch more like Sch (shitcoin cash). But yeah totally agree with you about NANO. Its still crazy undervalued, good time to buy imo. And keep in mind im saying this as a LTC holder, i just dont think Litecoin can go anywhere but down.

>>9109341
I hope it gets dumped so I can buy some cheap BTC.