/biz/ - Business & Finance

>>9550944
gay larper FUD

>>9550944
finally... we can start going up again

>>9550944
hmm thats not ideal

>>9550983
not necessarily we may be about to get arsefucked by a series of coordinated announcements by regulatory bodies that fuck us all

Oh no! Crypto is dead for the millionth time!

>>9550962
There were behind-the-scenes networking events during Consensus 2018. Many insiders are seething at the moment because an influential attendee of that private event is acting independently and threatening to whistleblow on the majority of these actors. Hence Bitfinex abruptly sending out KYC notices to select clients.

>>9550944

>selling OTC

who is buying then tard? god this larp is shit.

Volume dipped because selling tapered off. It's also the pull back from a rally to almost 10k.

>>9551108
There's always a greater fool to pass one's bags to, especially when offered at a discount.

>>9550944
once this is over i finally buy into coins lol

>>9551115
Give me more info, what kind of illegal activities were discussed?

>>9551115
so a genuine autist genius pissed off at the sea of shit being falsely pushed and sold as groundbreaking and revolutionary has had enough?

>>9550944
So basically this only applies to western coins.

CHINA CENTURY HERE WE FUCKING GO GO GO

>>9550944
I'm risking so much by posting in this anynymoose board.

The absolute madman.

>>9550944
Can you tell us exactly what you're.. risking by posting this?

>>9551115
and why would anyone offload relatively liquid assets at a discount?

>>9550944
Good, coinmetro is my biggest hold.

>>9551429
because they are at a serious risk of being exposed

>>9551355
>>9551405
Because government entities never search 4chan

>>9551429
> relatively liquid assets
You don't understand the scale of the operation.

predictions for price of btc after shtf?

>>9550944

what are you doing with your portfolio now OP? holding for now, tethering up, 100% fiat, etc. what’re you doing?

>>9550944
> drastically lower trading volume
But anon, the trading volume for bitcoin and the market as a whole is consistent with the volume at these prices during the last 3 months.

>>9551454
So how will they explain all the supposedly millions of fiat as the OP larp claims to pop up out of nowhere?

>>9551457
nice LARP

>>9550944
finally ICO distractions will come to an end, and BTC can resume its bull rally. :D

>>9551556
depends where they are if in asia they wont have to explain shit

>>9550944
When you say they are shedding their risk exposure are you saying they're leaving crypto?

>>9551505
All I can say is I can't back out of any of the ICO private sales I took part in, so I'll be going down with the whole crypto ship. I'm not here to shill my ICOs or anything. There's a lot not being said about the market, a lot of crypto hedge funds are folding. I'm even changing the way I write because I'm paranoid as fuck right now. My investment management counsel doesn't want to be liable for having any knowledge of this.

This is not a larp. I can confirm what OP is saying. Things will not be looking good in a few weeks.

>>9551804
I don't know why my ID changed but I am OP. I used private mode and had to switch to a different location. I am done posting here though.

>>9550944
finally i can buy crypto cheap again
ive been saving up

no coiners time to shine

Also, don't fall for the "below ICO price" meme on new tokens. They're selling below because they want to recoup some respectable amount before this shit hits the fan.

>>9551914
so how do we average anons protect ourself? exit the market or what? is this only a burger problem or global?

>>9550944
So I guess I fucked up big time buying XTRD then? Ugh. So be it.

>falling for this elaborate fud

biz is literally full of brainlets

>>9551986
One of the better larps if it is one

>>9551986
You think I'm fudding? Check the pitiful Bitcoin utures contract trading volume. This is toxic.

http://cfe.cboe.com/cfe-products/xbt-cboe-bitcoin-futures
http://www.cmegroup.com/trading/equity-index/us-index/bitcoin.html

Wait what’s gonna happen? Why can’t you shed some fucking details? God damnit is this guy larping or what?

>>9552176
good, we can go back to the moon missions of yesteryear without this futures nonsense.

>>9552199
Even if he’s LARPing, he’s right about the SEC going after ICOs.

https://lat.ms/2wXpLuF

>buying into scam ICOs

I'm safe then

>>9551115
Ah the greater fool theory; a favorite of bitcoin and crypto fudders. Larp detected.

>>9552230
Oh yes, you're very safe, btc 1million eoy

>>9550944
I literally don't even tell biz about 100 sat shitcoins I'm accumulating, let alone massive market moving insider information.

this is the biggest buy signal I've ever seen

Show us your shorts or this isna larp, fag.

>>9552176
>Check the pitiful Bitcoin utures contract trading volume. This is toxic.

I'm confused:
https://www.coindesk.com/bitcoin-futures-volume-spikes-wednesday/
"Available market data shows that CBOE saw its highest-ever volume for bitcoin futures since it first debuted the contracts back in December"

>>9552102
Fraid not son. As a larp connoisseur I can say with authority that this is shit

>>9552501
D E L E T

>>9551230
I wonder who that might be...

>>9550944
When will they stop using barts to kill the volume

>>9551914
They are below ICO price because agel investors sometimes get 25-50% discounts and dump on people who paid the actual ICO price.

I'm in an accredited investor's pool taking part in private sales of ICOs and I have information regarding the overall market trading volume.

Everyone in-the-know are expecting good regulatory news soon and asked their fund managers / licensed investors to increase their exposure as soon as possible. There's many sales happening OTC, hence the drastically lower trading volume, and the recent KYC notice by Bifintex to their select client heralds the upcoming bombshell news.

Call larp, shill, etc. I don't care. I'm already risking so much over this I cannot divulge more. The series of events recently are not mere coincidences.

>>9552501
This is from a month ago and those people went long.

>>9552220
everyone already knows this is coming. don't hold shitcoins and you won't get shitted on

>>9550944
Give us something tangible OP

>>9552624
look up arkk.. etf dumping bitcoin

>>9552633

>But these ETFs' big bet on bitcoin is no longer the case. In mid January of this year, ARK began trimming exposure to bitcoin in both funds, and today bitcoin represents only 0.5 percent and 0.6 percent in ARKK and ARKW, respectively. The cryptocurrency is almost a negligible allocation in these portfolios now.


The dumpening is almost upon us. Get your shorts ready fags.

what do

>>9552771
they already dumped nigger.

Duamp et.

>>9552771
/biz/ logic:
>They dumped in January
>Let's short in May!

guys im just a noob is everything going to be ok?

>>9552851
Flash crash soon. Reminds me a lot of last year's crash after Mark Cuban released his cheap FUD.

>>9552859
What is the FUD this time?

>>9552851
always do the opposite of what /biz/ says and you'll be fine

It's already dumping guys....guys?

>>9552907
It began with Bill Gates and Warren Buffet. Didn't work as expected. Then ETH was supposed to be classified as a security. Again, it didn't happen. Then they faked Vitalik's tweet, which did nothing. Now they're spreading old news about increasing regulations from the SEC and ETFs dropping Bitcoin. I think that will work.

>>9552939
you mean one guy on 4chan? i haven't seen anything about bad SEC regulations anywhere else.

>>9552985
Oh you said old news, disregard my last post.

>>9552985
Operation Crypto-Sweep.
https://www.cnbc.com/2018/05/21/state-regulators-crack-down-on-cryptocurrency-investment-schemes.html

These regulations are good, but of course they will be used to spread fear for a week or so.

>>9553044
>"Regulators in the U.S. and Canada are launching a widespread crackdown on some cryptocurrency investment schemes, members of the North American Securities Administrators Association said Monday.

>More than 40 state and provincial watchdogs are participating in "Operation Crypto-Sweep," which has triggered at least 70 investigations so far. The coordinated effort, first reported by The Washington Post, focuses on a cryptocurrency fundraising process known as initial coin offerings, as well as other "investment schemes."

>"Although the international task force's work is far from complete, my suspicions have already been confirmed: The market for cryptocurrency investments is saturated with fraud, and our work is only revealing the tip of the iceberg," said Joseph Rotunda, director of enforcement at the Texas State Securities Board.

>Securities regulator warns investors not to get fooled by bitcoin scams Securities regulator warns investors not to get fooled by bitcoin scams
8:10 PM ET Thu, 21 Dec 2017 | 00:37
Earlier in May, Texas regulators sent a warning letter to U.K.- based BTCrush saying it was violating securities laws and misleading investors through its marketing. The company published videos showing the interior and workings of what it said was three fully operating mining farms. State regulators said the videos were actually sourced from publicly available stock footage.

>The Texas regulator also took action against Wind Wide Coin, which used pictures of celebrities including Jennifer Aniston and Prince Charles to advertise its cryptocurrency.

>"Promoters also know that anyone can be anyone and say anything about anything on the internet," Rotunda said. "Not surprisingly, they are also manipulating photographs, media, testimonials and other online information to deceive the public into believing their claims."

Looks like they're going after actual scams, the kind that never make it to big exchanges anyway.

>>9553094

Ye, some regulation is actually a good thing. Let's just hope they don't overdo it.

>>9552318
This. They keep using the same words over and over again.

I instantly knew with 100% certainty, that OP was a paid anti-crypto fudder fag, when I read "greater fool".

>>9551115

see: >>9553155 and >>9552318

>>9553155
>>9553188
muh dubs, check em

>>9551115
>>9551457

OP can't get his story fucking straight anyone falling for this is a retard.

>insider accredited investor
AKA he has 1MM USD +, real insider here guys.

>volume dropping because insiders know about regulation, everything being sold OTC

Why sell OTC when you could sell on the market?

>because of how much needs to be sold!!11!

Just to get this straight, no one is buying on the market because of the incoming bad news, yet somehow someone is buying HUGE amounts of BTC OTC, because billionaires are renowned for being uninformed idiots who don't know about incoming SEC regulations? Because by your own logic if the amount being sold OTC is so large it'd crash the market, it means someone very rich is buying that much OTC. Which makes no sense because combine that with low volume on exchanges that means normies (who use exchanges and not OTC) are buying very little, and rich people are buying tons. Which is bearish?

>>9553094
>Looks like they're going after actual scams, the kind that never make it to big exchanges anyway.
Yes, but that instills fear in the market. Even the most obscure scams can affect the price of Bitcoin, and thus of all crypto.

Why are people looking at the volume anyway when it can be faked with bots? (srs question)

>>9553242
Because even if that 'fake' volume is a guy buying and selling his own coins, you can still market dump on him and leave.

If he stops playing the game, then you're just fucked left holding bags. And if someone else decides to market dump on a close to empty order book your bags are now worth -10, -20, -50% less and full panic ensues.

>>9553226
Don't tell me about it. I still have flashbacks to that stupid south korean fud from january 15/16.

probably the tether situation gonna blow up wont be surprised.

>>9550944
Fake news.

>>9553242
When you look at volume, you have to look at the AGGREGATE volume across exchanges. This is because the number of exchanges trading crypto has increased dramatically since december. A larger number of exchanges means that each exchange will lose some trading volume to others. Bittrex and GDAX have lost a lot of volume to newer exchanges like Binance, IDEX, or Bancor, for instance.

Aggregate volume is down in relation to January, obviously, because the bubble has burst. But it still is following the nice linear uptrend from September.

>>9552531
SOMEONE GET MONEY SKELLY A SANDWHICH IF HE DIES WERE ALL FUCKED

>>9550944
Only people who should be worried are you and your accrediated invested friends. Per your info your group holds large positions in crypto and you openly admit to inside trading and exiting the market. Fuck you ponzi boomers give us our coins back