/biz/ - Business & Finance

>>9813742
Jesus Christ. This shit really is finished. Even the dumps are pathetic these days. Nobody cares, just long term HODLers left. Guess it's crab market for the foreseeable future.

>>9813742
At least tell us what the fuck your post is referring to. What a completely pointless piece of shit thread

>>9813966
I think it's the volume of Bitcoin on Bitfinex or something. Like the actual volume of the top 1 coin.

2 years of sideway market confirmed. Pump and dump here and there but nothing major.

>>9813966
you are a fucking noob. thats the BTC volume on GDAX...fucking idiot.

reeeee

>>9813754
>Nobody cares
correct and that's the worst part. market just dying in the corner while everyone else goes about their business.

rip sweet, sweet crypto.

>>9814011
t. Bought in December.

It really is dying, the highest volume trade is to EOS LOL

# Source Pair Volume (24h) Price Volume (%) Updated
1 BinanceBinance EOS/BTC $146,111,000 $7,615.48 3.70% Recently

volume is still more than double what it was last year.

>>9814154
So you agree we are going back to 3k?

>>9814174
Nah we are getting set for launch.

>>9814174
are you retarded? How can people be so blind when the same pattern plays out all the time anytime. We're in for a massive pump/upward trend soon. Just like always.

>>9814174
yes

>>9813742
Last time Bitcoin pumped hard it was on low volume. We are about to soar.

most of biz is straight retarded, that very low volume with price holding it's really good, people afraid to buy but also afraid to sell... expect a big movements soon, i think up but who knows?

>>9814238

You realise that the previous bear market was somewhat influenced by 1/10th of all mined Bitcoins getting stolen, right?

How in the name of fucking Christ do you believe that we're going to have the exact same bear market again without such an enormous event?

>>9814238
This is a good chart. I still dont think its going to 3k but it might be a year or more till it recovers. I think there are a lot more true believers this time around; its considered less of a fad.

>>9814280
you do realize the MT gox guy still has 137,886 BTC to sell, right?

>>9814238
mommy

>>9813742
price going sideways
hashrate growing exponentially
difficulty increasing linearly
profitability heading to 0
small miners forced to sell/leave
who funds big miner factories?

GDAX 24H volume below 3k now (2949 at the moment). I don't think its been that low in at least a full year. Grinding to a halt.

50 year old here, been trading for 3 decades now and I can’t believe how you people get blinded by the trees and don’t see the forest.
It made several attempts to go below 6500 and failed… To me this is an excellent indication that powers that be aren’t going to allow it to go down any further....But I don’t see any impetus for it to pop either… We’re simply at an accumulation phase and as such you should be accumulating. I realize so many of you are impatient and want those ‘moon missions’ and 20% daily gains, but trading involves PATIENCE. Do it I did when I first started trading… I worked a day job and did little bit of trading here in there along the way and just accumulated and held. Time and time again I’ve seen so many traders say oh my god if I only bought it back then! Well I’m here to tell you two years from now today is going to be the ‘back then’ so buy now and be patient and celebrate later!

>>9814280
not my chart btw

it's clearly not the same as we should exit it pretty fast and start pumping by q1 2019
this is just the way btc behaved before. crossing the 50wma truly started the bear market in 2014 and it's the same now have you noticed how grindy btc is acting now ?

the chart is giving a very large scale of where things can go I just don't see any move up above the 50 wma this year that's all
this chart is pretty optimistic to be honest. crypto could already be dead for all we know

>>9814358
THE ONLY REASON BTC PUMPED WAS DUE TO NEW MONEY FROM THE MAINSTREAM.

ITS NOT HAPPENING AGAIN YOUR EXAMPLE IS FUCKING RETARDED.

>>9814328
I agree, I have been putting in $50 a week into bitcoin and $50 a week into litecoin since January.

>>9814365
this is just TA fuck face
btc went back up because of eth bringing attention back into the space in 2015

last year bullrun clearly started something in the mainstream and I expect to see more and more mainstream adoption by 2019

>>9814301
They fund themselves. When it becomes unprofitable some miners will drop out, which reduces the difficulty for remaining miners. This will continue until it becomes profitable again.

>>9814412
yes it did

mainstream money came in hard late 2017
go absolutely fuckiing rekt
won't be returning anytime soon

>>9814425
they'll be back
>this time it's different
it's gonna be the same thing all over again

>>9814328
I agree with the sentiment but here is your boomer meme.

>>9814328
thank you
the peoples in here are beyond childish in them of patience

you can show them that even repeating the worst case scenario might last less than a year and they are still mad

>>9814367
Excellent
Tell no one of your monies and keep that discipline strong

>>9814423
small miners will be forced to leave
fewer big miner factories = more centralized
more centralized = more prone to influence from institutions
price will continue to go sideways

>>9814425
what if I told you they never left and many will hold for years the hodl meme has been spread enough

many people are accumulating fiat now now and keeping a eye on the price because of all the mainstream coverage crypto is now consider a more legitimate investment like stocks but with even more impressive potential return and it's open to everyone

the next run might be actually be biblical

>>9814475
centralization and sideways price have nothing to do with your original question of "who funds big miner factories?"

>>9814289
That's nothing, daily volume for BTC is around 500,000 BTC.

>>9814481
This. At least one total normie coworker ive got came in around January and never lost interest in crypto. Its all he talks about now. He watches Coinmastery on youtube, listens to rumors, etc. If this bear market didnt knock him off nothing will.

>>9814238
check this

>>9814454
Too many people know already, I was very vocal in early 2017. Been telling people who ask me about it that I got rekt in the crash even though I am still way up.

>>9814492
sideways price = easier to bleed small miners
more control goes to economically favorable factories
more prone to institution influence
lightning network will be centralized and will not scale

>>9814527
easier to go from 15$ to 750$ than 7500$ to 100000$

>>9814527
yes I've seen it but when we failed to break 10k last month it broke the trend
we're following 2014 now just

look at the 50 wma 2013 never broke bellow but 2014 and 2018 did

>>9814328
HAHA, SHUT UP BOOMER!

>>9814552
institutional money

>>9814527
i unironically agree with this chart, wall street gonna pump it way harder before making the bubble pop

>>9814425
3% have crypto
30% thinking about buying crypto

We are far away from being mainstream

>>9814581
hello question
my theory have problem
china dominates bitcoin mining
why would usa institutions invest in bitcoin

>>9814543
fuck I hate brainlet cashies.
You didnt finish high school idiot, and yet here you are talking about network topology.

>>9814609
China banned bitcoin mining dummy.

>>9814609
>why would usa institutions invest in bitcoin
because they can make money out of it. nobody cares about who dominates what

>>9814613
i have 140 iq and a degree retard
here you are aggressively talking shit on anonymous board
who has the liquidity to run nodes?
bank
why would us invest money into network with chink dominance
>>9814616
i did not know, thank u for letting me know
where is jihan farm going?

>>9814665
>meanwhile us-chink trade war

>>9814683
Jihan doesn't mine anymore, they've sold all their remaining asics, they just produce and sell them now.

>>9814328
Thank you senpai you give me hope

How the fuck is stability a bad thing?

>>9814694
gas will probably be 5$ eoy. the drumpf economy is falling apart.

>>9814683
> I have a degree retard
The more "higher educated" people I meet in live, the more I am sure that a fucking degree in anything (yes even STEM field) does not correlate with intelligence.

Waving your dick around "hurr durr i haz degree" ... fuck off with that argument

>>9813742


Volume (24h)
$3,922,470,000 USD
513,608 BTC

Why do you post false info from shit exchanges? KYS PLEASE.

>>9814804
From my experience (STEM PhD student), getting a degree is a joke even in STEM fields, but getting a PhD is still impressive.

>>9814804
>reading comprehension
are you retarded or just envious?
the brainlet said "you didn't finish high school"

>>9814831
>shit exchanges
>not realizing the volume of gdax is arguably the most important in the entire market

If you can’t see that volume is utterly dead then you’re a brainlet

>>9814831
it means that normies care less and less about bitcorn.

>>9814516
>That's nothing, daily volume for BTC is around 500,000 BTC.

>>9814873
this is a good thing, bullrun imminent

>>9814873

Gdax important.

Are you retarded or a delusional American?

The world doesn't revolve around you, you can all die today for all we care and the world will still go on.

>>9814896
Fuck off retard.

>>9814971
But you are the retard.

>>9814873
>the volume of gdax is arguably the most important in the entire market
Lmao look at this Americocentric ignorant imbecile. Nobody cares about your regulated to death shitty exchanges.

>>9814980
I never said I wasn't a retard, retard. We're all retards.

>>9813742
Its ironic as all hell that you nazi$ have fallen for the spell.

Make a dollar sign in mein kraft. Then you will see how it is only a couple blocks removed from the same sign of a dollar and rotated on the axis. Power is power. Fiat only measures value

>>9814782
We want to make money dumb fuck

>>9814990
I'm not, the other Anon isn't. But you are.

>>9815007
You are, the other anon is, I am.

>>9815007
But I am

>>9814869

>>9814984
Dude, shut the fuck up. Volume is shitting the bed everywhere. Pic related.

>>9815042
This is just the sign of the golden bull run to come. Strap in lads.

>>9814516
Did you even look at OPs post?

Also volume is total buys AND sells. Selling 130,000 BTC would absolutely obliterate the market.

>>9814527

>>9814789
If you ever left your parents' basement, you'd see NOW HIRING signs everywhere, mong.

>>9815054
Of course it would, but what reason would he have to just market sell 130k BTC all at once. Obviously he wouldn't do this.

Can't wait for the cheap vidya cards.

>>9814876

Caring about what the normies think.

The absolute state of /biz/ :/

>>9815088
lol whales will pump BTC during E3 to BTFO vidya fags like you.

>>9814754
hope doesn't get the job done

>>9814280
mt gox dude dumpening still due

>>9814527
Honestly it looks like we're still in a massive bear trap, fallout from the December pump.

>>9815014

>>9814328
fuck off retarded boomer

>pls kids, pump my bags so I can retire at 55 and go on caribbean cruises

I would put a bullet between your eyes if I could

>>9814949
Because GDAX has no wash trading like all the other exchanges. Also it doesn't offer leveraged trading.
I started on cornbase as a european...

>>9813966

>>9814246
>Last time bitcoin was x it did y

When was the last time Bitcoin crashed from 20k to 6k, after a very important fork, after being in the news everywhere?

>>9814101
It would be nice to see farther back than one year. I think the initial huge run to 20k, there wasn't much interest either.

>>9814115
It's summer. Everyone that made 100x last year is vacationing and not trading right now. Add in regulatory uncertainty, and there isn't any new buyers hopping in right now. If these 3 letter gobernments figure some shit out by fall, MAYBE things pick back up.

time to accumulate

>>9815489
Yeah that's totally what happened
And they're all going to come back from their collective vacation soon and start throwing all their new money away too

>>9814289
this is why satoshi created 0xbtc

>>9814552
what make you so sure

>>9815502
Well, I made 100x last year and that's what I'm doing. No one is trading. Prices aren't moving, so fuck it. Just hodl and chill and wait for the action to pick back up.

Wow
Sub 2500 volume

>>9814683
>i have 140 iq and a degree retard
>why would us invest money
Presumably not a degree in English...

>>9815042
Whoosh

Update. Btc on life support

>>9816524
And?
Let it slow down, people are not buying and also not selling, as soon as some good news come out people will buy, buy volume will be even faster 100% compared to the previous day and people will FOMO even harder.

low volume? low everything? high chance of bullrun like the last times (oh sorry, comparisons to behaviour in the past only counts for bears)

>>9815489
>End of december: People want to take a rest before new year. Bull run soon!

>Janury: January is red every year! Market recovered in february 1, 2 and 3 years ago. Bull run soon!

>February: Whales spreading FUD to accumulate. Bull run soon!

>March: Price fell down because of GOX and they ain't dumping anymore. Bull run soon!

>April: People sell to pay taxes! Bull run soon!

>May: Just wait pre/post Consensus pump

>June:.....

>>9816697
6 more months of flatlining and rekt then we will make it fren

>>9813742

>>9816615
what the fuck are you talking about, are you 12?

>>9813742
Let it slow more man...I need it to get to 6800 by August so I can jump back in.

>>9814365


At least someone gets it

The boomers who were investing their 401ks last year all got scared when the gook finance minister FUDed the first crash then the nip lawyer dropped mtgox bombs on an already damaged market

Those 2 killed crypto, its OVER

Just tell me everything is gonna be ok. Tell me I will recover my ath, or at least 50% of it, pls say it.

we are on track for 2019 moon at this rate