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/biz/ - Business & Finance


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File: 238 KB, 1139x581, Lehman-Brothers-Stock-Crash.png [View same] [iqdb] [saucenao] [google]
9973232 No.9973232 [Reply] [Original]

Stocks, crypto, whatever

>> No.9973268

nice exit scam

>> No.9973284
File: 95 KB, 1200x708, screen-shot-2017-04-03-at-08-40-40.png [View same] [iqdb] [saucenao] [google]
9973284

>> No.9973295
File: 66 KB, 1151x671, Bitconeeeeeect.jpg [View same] [iqdb] [saucenao] [google]
9973295

>> No.9973308
File: 36 KB, 800x640, 7B39B992-A086-4CCE-9434-0DBAF4B4C61C.png [View same] [iqdb] [saucenao] [google]
9973308

>> No.9973312
File: 55 KB, 1129x600, 2k-at-peak.png [View same] [iqdb] [saucenao] [google]
9973312

>>9973232
this shit.
>tries to kill BTC
>people actually dumped BTC for it.
>suckers got rekt when Garzik decided not to do the fork anymore

>> No.9973351

how do I post an image of my entire life?
>black/irish - kinky red hair and ugly dark skin
>poor family
>genetic heart disease
>genetic eyesight problems
>genetic spinal problems
>hit by a car when I was 10 y/o, didnt go to hospital because family too poor
>find out years later my joints are fucked up from improper healing
>circumcised with poorly healed frenulum - masturbation can be painful from the skin stretching the wrong way
>bought bitcoin at $10
>sold it at $11 and fomo'd back in november 2017
>sold bitcoin for altcoins
>held through January crash
>went down 80% on initial
>sold
>fired from job for being on my phone (selling my shitcoins)
>getting overweight from stress eating now
>summary: nigger/potato nigger mix, going to die from genetic diseases, cant run and have problems walking straight because of fucked joins, dick is fucked up and it hurts to masturbate, JUST'd on shitcoins, no job because I tried to sell my shitcoins at work, now fat

>> No.9973452

Tfw bought the bottom.

>> No.9973463
File: 15 KB, 622x428, vrx1t.png [View same] [iqdb] [saucenao] [google]
9973463

>>9973452
Forgot chart.

>> No.9973477

>>9973463
quick rundown? looks like an absolute clownparade

>> No.9973488

not many people got justed but it's still pretty sad to think about for whoever did:

https://coinmarketcap.com/currencies/monero-gold/#charts

>> No.9973492

>>9973351
Get your shit together

>> No.9973534

>>9973351
>hit by a car when I was 10 y/o, didnt go to hospital because family too poor
>find out years later my joints are fucked up from improper healing
I doubt useless doctors at a hospital would have done anything for you anyways

>> No.9973801
File: 39 KB, 620x445, South-Sea-Stock-graph-620x445.png [View same] [iqdb] [saucenao] [google]
9973801

>>9973232

>> No.9973832

>>9973477
The company is Valent, I really don't know the specifics of what happened, people are in jail however from on this fuck up. I bought on recommendation from bro.

>> No.9973851

>>9973351

what was your job?

>> No.9973860

>>9973295
Ouch

>> No.9973882
File: 3 KB, 216x170, Screenshot_20180621_191536.png [View same] [iqdb] [saucenao] [google]
9973882

bought the dip on this

>> No.9973885

>>9973801
Reminder that Isaac Newton was one of the Biggest bagholders.

>> No.9973976

>>9973284
>>9973295
>>9973308
>>9973312
>>9973463
>>9973801
>>9973882
JUST

>> No.9974061

>>9973882
Ford tho

>> No.9974917
File: 609 KB, 939x480, aaaaa.png [View same] [iqdb] [saucenao] [google]
9974917

>>9973801
>>9973885
Legends says he died bagholding.

>> No.9974948

skycoin

>> No.9974966

>>9973312
I think you meant
>Tries to save BTC

>> No.9974969

>>9973232
Looks like Lehman Brothers is due for a moon

>> No.9974985
File: 6 KB, 299x168, 123.jpg [View same] [iqdb] [saucenao] [google]
9974985

>>9974917
Hey bro

>> No.9974999
File: 599 KB, 540x540, 1523914652928.png [View same] [iqdb] [saucenao] [google]
9974999

>>9973295
You fags may look at this like a meme but is literally the biggest JUSTing of all history of mankind.

>> No.9975149

JUST

>> No.9975199

>>9974999
it wasnt the only one a bunch of regions bank MUTUAL funds went to 0. There has to be a mass kill off of the politicians, bankers, and jews that destroyed america

>> No.9975221 [DELETED] 

>>9974917
kek what a brainlet

>> No.9975240

>>9973351
Fix yourself bro.

>> No.9975241

>>9974917
kek, what a brainlet

>> No.9975326

>>9973312
>four dollars top market cap
Nigga what

>> No.9975367

>>9973295
whatamigonnado?

>> No.9975498

>>9975367
Hey hey hey...

>> No.9975764

>>9974917
Haha f=ma motherfucker

>> No.9975811
File: 81 KB, 640x1136, 1A7B165A-5321-4854-8040-111D44FCB84D.png [View same] [iqdb] [saucenao] [google]
9975811

From $5 to 19 cents

>> No.9975930

>>9974917
Officially /ourguy/

>> No.9975942
File: 59 KB, 1188x397, Screenshot_13.png [View same] [iqdb] [saucenao] [google]
9975942

BTCP was a stroke of genius.
>slowly accumulate coins from a dead project (ZCL)
>announce new Bitcoin "fork" called Bitcoin Private
>it copies the Bitcoin chain AND the ZCL chain
>brainlets assume it'll go to at least $250 because it has "Bitcoin" in it's name
>everyone rushes into ZCL to get "cheap" BTCP and x100s the dead project (2 to 200)
>dump on these fools and acquire ez gainz
>release BTCP
>it's literally just ZCL with a different UI
>starts at 60, quickly dumps to 20 (15 now)
>bagholders get left with a 75% loss
>enjoy the easy x100
>no legal repercussions because everything was technically legal

>> No.9975974
File: 103 KB, 1545x915, china hustled.png [View same] [iqdb] [saucenao] [google]
9975974

>> No.9976011

>>9975811
kek this was my first 10x ever, bought at $0.4, sold at $4

>> No.9976014

>>9975811
LOLOL
I remember that coin going parabolic
It really went to 19 cents? AHAHAHAHHAHAHAHAH
Wow, this market really is a shit show

>> No.9976020

>>9973312

You mean the upgrade that Bcore desperately needed didn't go through due to Blockstream's business plans to replace miners with themselves? Amazing.

Luckily Bitcoin (BCH) forked off and is growing stronger every day.

>> No.9976136
File: 7 KB, 450x270, IMG_4818.gif [View same] [iqdb] [saucenao] [google]
9976136

Own about 70 ounces of this stuff right now.
It's going to be exciting soon.

>> No.9976173

>>9976020
ahahahahahaha

>> No.9976202
File: 151 KB, 399x402, unluckiestblokeever.png [View same] [iqdb] [saucenao] [google]
9976202

>>9973351
Your misery is only scored 0.5/4 on the bad luck scale

>> No.9976573
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9976573

>> No.9976847
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9976847

>>9973295
>From ATH $400 to $0 in less than a month

>> No.9977119
File: 668 KB, 2222x1130, s2xfutures_gambling.png [View same] [iqdb] [saucenao] [google]
9977119

>>9973312
pic related

>> No.9977173

>>9975326
nigga you blind? the market cap is the straight line at the bottom
its 0$ sicne CMC never bothered

>> No.9977190
File: 140 KB, 852x457, anon-leanrs-about-futures.png [View same] [iqdb] [saucenao] [google]
9977190

>> No.9977269

>>9977119
Can somebody give me a quick rundown on this? I was out of the game for a long time when that happened. Were they selling futures for one half of that looming fork, but that fork never happened?

>> No.9977281

>>9976011
stop larping or proof faggot

>> No.9977310

>>9973295
The optimistic little bull trap is adorable.

>> No.9977323
File: 18 KB, 693x311, 20141010-GTAT-stock[1].png [View same] [iqdb] [saucenao] [google]
9977323

>> No.9977339

>>9977323
Story?

>> No.9977353

>>9973232
>That huge bull run just before 2001

Really gets that noggin joggin

>> No.9977382

>>9973232
>be GM Stock pre-2008 crash
>go up to ~$50
>go down to $1 during crash
>go bankrupt and stock is now worth $0
>have a new IPO and start all over
>everyone who held their bags now have their bags deleted
>government literally takes your stock from you

>> No.9977387

>>9973232
This is why you own puts.

>> No.9977439
File: 140 KB, 1879x1010, biz hero 2.png [View same] [iqdb] [saucenao] [google]
9977439

>> No.9977458
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9977458

>> No.9977521
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9977521

>>9976136

Thank you anon.

>> No.9977546
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9977546

>>9977439
who's wallet is that?

>> No.9977548

>>9976136
Prospective buyer here - why did you choose that instead of silver or something else more well known?

>> No.9977566

>>9977439
>imagine not enjoying your 900M but instead lose 2/3 on shitcoins or whatever
wtf is wrong with people

>> No.9977582

>>9977546
>put a mil in bitcoin they said
>you'll get rich they said

>> No.9977595

>>9977439
Im trying to imagine how else I could blow ~600mil. A used aircraft carrier?

>> No.9977604
File: 45 KB, 665x681, JUST.jpg [View same] [iqdb] [saucenao] [google]
9977604

>> No.9977608
File: 77 KB, 1137x620, rip.png [View same] [iqdb] [saucenao] [google]
9977608

Shitcoin

>> No.9977610

>>9977582
except it's more like a billion

>> No.9977619

>>9973351
At least a good read. Hope you manage turn your life around bro..

>> No.9977690

>>9977546

you have the address so you can just google. i dont know who personaly owns that acc though, its not me.

>> No.9977730
File: 58 KB, 1155x589, ball.png [View same] [iqdb] [saucenao] [google]
9977730

I felt like a genius for dumping the airdrops about one year ago :)

>> No.9977878

>>9973351

I know what your life is like anon, try a yoga book maybe

>> No.9977959

>>9975942
saw this guy on plebbit who literally took out a 50k loan to buy btcp, he market bought when it reached 600 usd on some weird exchange in a pump

>> No.9978196

>>9973885
Reminded that Isaac Newton didn't pass his genetic material and is the definition of a human failure.

>> No.9978291

>>9977269
yes

>> No.9978321
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9978321

>>9973832
>people are in jail however from on this fuck up.
Can this be made possible for crypto yet?

>> No.9978391

>>9973351
theres literally nothing you can do and reading your story made me wince
i truly wish you were able to hard reset your life painlessly

>> No.9978410

>>9973351
Hope the rest of your life is better for you anon. You've got this hopefully.

>> No.9978449

>>9973351
Keep your head up bro.

>> No.9978503

>>9974917

That fomo re-entry tho.

>> No.9978556

>>9973295

CONNECTE'D

>> No.9978583
File: 66 KB, 1176x527, Screen Shot 2018-06-21 at 8.14.55 PM.png [View same] [iqdb] [saucenao] [google]
9978583

THE PAIN NEVER ENDS

>> No.9978590
File: 9 KB, 759x383, enron.png [View same] [iqdb] [saucenao] [google]
9978590

The modern classic. There were warning signs in the charts well before the big dump though. People could have got out with most of their money if they paid attention.

>> No.9978602
File: 14 KB, 1118x120, no larp.png [View same] [iqdb] [saucenao] [google]
9978602

>>9977281
thanks again for the monies

>> No.9978610

>>9977339
GT Advanced technologies. They made sapphire furnaces primarily, and were going after the mobile phone manufacturing industry to sell synthetic sapphire for smartphone screens. They made a deal with Apple in late 2013. Market cap was around $2.8 billion July 2014, I can't remember or easily find a chart before then to figure out if it ever exceeded $2.8 billion but it was always a volatile stock and the Apple deal rumors had sent it soaring. But apple strong arm'ed the negotiations, or so GTAT claimed, and basically probably had better lawyers and GTAT made a terrible deal. GTAT then blamed Apple. There is a thread somewhere out there that is like proto-biz of a bunch of people getting completely JUST'd. It's worth a read if you can find it. It's no Lehman, but it hit a lot of retail speculators hard I think.

>> No.9978628
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9978628

>>9978610
http://forum.thecontrarianinvestor.com/index.php?threads/gt-advanced-technologies-inc-gtat.69/page-500

I found it, gonna go through myself. I remember thinking it wasn't even that bad last time I read it because of crypto and shit on here.

>> No.9978631
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9978631

>>9977281
>>9978602
bought at $0.4

>> No.9978640
File: 85 KB, 1200x675, Enron5.png [View same] [iqdb] [saucenao] [google]
9978640

>>9978590

Hmm... that picture isn't great visual representation of the Enron dive as far as time scale and what actually happened. This one has the critical events noted during the downfall.

>> No.9978648

>>9975811
Kek you had 500k, did you really think that some unproven storage platform was worth an Aventador?

>> No.9978655

>>9978631
>>9978602
Why did you switch from ETH to BTC

>> No.9978722

>>9973477
Valeant was a massive pharmaceutical company that basically existed to purchase smaller pharma companies, slash their R&D divisions (the most costly part of pharma companies), and hike drug prices astronomically, then charge these insanely high prices through their own puppet pharmacies that charged insurance companies so consumers wouldn’t notice. But insurance companies noticed and brought formal complains.

>> No.9978726
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9978726

>>9978655
i bought and sold in both for more liquidity

>> No.9979087

>>9978602
the fac is this poorfag pocketshit
get the fuck out of here faggot

>> No.9979125
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9979125

>>9978628
>http://forum.thecontrarianinvestor.com/index.php?threads/gt-advanced-technologies-inc-gtat.69/page-500
You linked to the perfect page. Trading has been halted and these bois think it's a good PR. Great summary - I'm intrigued and am living the drama of the moment through these forum posts

>> No.9979129
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9979129

>> No.9979145

>>9974917
its called gravity

>> No.9979248
File: 58 KB, 1155x587, confido.jpg [View same] [iqdb] [saucenao] [google]
9979248

Confido is probably the worst JUST ever.
They literally exit scammed before the beginning of the most epic alt season in the history of shitcoins.

I'm sure that there are a lot of people that killed themself because of Confido.

Buying a shitcoin called CON-fido, tho...

>> No.9979267

>>9977608
another victim to false Coinbase hype

>> No.9979321
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9979321

>> No.9979333
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9979333

>>9973232
>absolute greatest JUSTs of all time

>> No.9979366
File: 17 KB, 150x200, 1386802802001.jpg [View same] [iqdb] [saucenao] [google]
9979366

>>9973463

What the fuck was the story with Valeant?

>> No.9979372

>>9979333
He had way more than 10k btc, hes still gucci.

>> No.9979373

>>9979366
jews jewing jews jewing jews

>> No.9979390

>>9976136
how liquidable is it though?

>> No.9979391

What does JUST means?

>> No.9979416
File: 67 KB, 1269x726, JUST.jpg [View same] [iqdb] [saucenao] [google]
9979416

One of the greatest JUSTings I've personally received.

>> No.9979436

>>9979391
>What does JUST means?
I mean, the acronym...

>> No.9979483

>>9979436
it means JUST FUCK MY SHIT UP

>> No.9979609
File: 24 KB, 700x530, DCIX.png [View same] [iqdb] [saucenao] [google]
9979609

This board is full of so many fucking casuals.

Check this pic related.

>> No.9979616

gdax is broke guys whats going on

>> No.9979642
File: 59 KB, 400x571, 1457762902922.jpg [View same] [iqdb] [saucenao] [google]
9979642

>>9979416
>bought a 7 cents
>sell at 7 cents
>dont have to pay tax

flawless

jk im never selling

>> No.9979689

>>9975942
that was very neat scam desu

>> No.9979763

>>9979125
yeah, it's an emotional rollercoaster as people think it's going to get bought out, then they file for bankruptcy, then the stock is trading down 90%+, then nothing. kekked hard at the guy right at the beginning who said he bought more, reminded me of /biz/

>> No.9979824

>>9977439
>hehehe, I will stop cash out at 1 billion :3
>...

>> No.9979853

>>9977604
>from 2 billions to $5

Holy shit, we have a winner.

>> No.9979861

>>9973295

>some Whale tried to long at 300

LUL

>> No.9979869

>>9975942
ZCL at $2.45 was my greatest purchase to date

>> No.9979881
File: 1.72 MB, 500x522, 1529433817495.gif [View same] [iqdb] [saucenao] [google]
9979881

>>9973351

>> No.9979913

>>9973351
Are you smart at least? Do you have any advantages whatsoever? Thats a real bad hand there fren but you should always play to your strengths, whatever those may be.

>> No.9979914

>>9979609
Whats the story? I found nothing about it online so was it just diluted like crazy?

>> No.9979921

>>9973801
what the fuck kind of stock market was there in the 1700s...

>> No.9979927

>>9978590

The problem is plenty of stocks tank a good bit (20-40%) and then rebound. That's why this whole game is psychological. You're convinced it's going to rebound. Maybe you pull out and then it starts creeping back up, FOMO sets in, you buy back in. It drops another 10%, then another, then it's too late.

>> No.9979933

>>9978722
Is that illegal? That just sounds like late stage capitalism to me.

>> No.9979955
File: 70 KB, 890x445, shorted.jpg [View same] [iqdb] [saucenao] [google]
9979955

>>9973232
Most shorted stocks in history

>> No.9979965

>>9979921
Pretty sure its been around for centuries. East india trading company and the like.

>> No.9980057

>>9979927

Yeah but that's shit trading. Stock goes down 40% it probably plowed through at least two support levels. Stop loss should have been set a tad below the first support level and, if tripped, you're supposed to wait in cash for statistically advantageous reentry or move on to some other thing that isn't freefalling off ATH.

>> No.9980075

>>9977382
That happened to my dad. I told him that shit was too risky. I dont know why he wont just buy an index fund like everyone else.

>> No.9980360

>>9979914
Yup. Insane dilution.

>> No.9980423
File: 1.48 MB, 1280x720, hanging out with Sayori.png [View same] [iqdb] [saucenao] [google]
9980423

>>9977119
lol

>> No.9980458

>>9978590
The documentary is very good.
Alot of major banks were involved and Ken Lay the ceo had ties to the bush family.
Its a very good lesson on fraud.

In the end the asian Pai I think his name was made it out best.
Saving face, married the stripper and got out with 150 mil.

>> No.9980471
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9980471

>> No.9980482
File: 35 KB, 600x350, 5989BD95-4139-4786-B4DE-A70C13879057.jpg [View same] [iqdb] [saucenao] [google]
9980482

>>9980471

>> No.9980504

>>9974917
holy shit I don't feel bad for getting justed by posw hahaha. Just kidding I'm over it but it's good to know that the smartest people to ever live eat shit from time to time.

>> No.9980560

>>9980057
yeah, after Enron broke down from the lower high made just before the freefall I would have exited

>> No.9980583

>>9979248
If they waited that shitcoin would have seen $10 easily in the bullrun.

>> No.9980665

>>9980458
I think he was caught cheating when he got the stripper pregnant, making his wife file for divorce, which caused him to sell all his stock. Probably the only case in history where getting caught cheating and the subsequent divorce worked out for someone.

>> No.9980856
File: 102 KB, 490x690, Ponzi.jpg [View same] [iqdb] [saucenao] [google]
9980856

>> No.9980938

>>9980856
>last panel
kek

>> No.9980956

>>9979933
Pretty much but the government can still bust your ass if need be. If it's in the name of protecting the consumer they can and will take everything from you.

>> No.9980958

>>9980504
haha posw was my second moon right after pepecash. simpler times back then.

>> No.9981026

>>9977323
>>9977339
>>9978610

http://forum.thecontrarianinvestor.com/index.php?threads/gt-advanced-technologies-inc-gtat.69/

This is essential human misery kino

>> No.9981077

>>9973308
people thought the world was ending

>> No.9981110
File: 87 KB, 1766x856, what happens when you sell CDS right before the credit crunch..jpg [View same] [iqdb] [saucenao] [google]
9981110

>>9973308
Got JUSTED so hard they implemented circuit breakers to make sure that shit never happened again

Also AIG is a great example of JUST, and retards picking up pennies in front of a steamroller

>> No.9981146
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9981146

https://en.wikipedia.org/wiki/Silver_Thursday

>> No.9981158
File: 84 KB, 1820x851, volkswagen short squeeze.jpg [View same] [iqdb] [saucenao] [google]
9981158

https://www.reuters.com/article/us-volkswagen/short-sellers-make-vw-the-worlds-priciest-firm-idUSTRE49R3I920081028

>> No.9981159

>>9973351
It's all up from here, anon! It can only get better.

>> No.9981165
File: 22 KB, 718x383, mainportf.png [View same] [iqdb] [saucenao] [google]
9981165

I started with $20k over a year ago and never cashed out. I'm in it for the long run. ;)

>> No.9981200

>>9981146
>try to be poor man's bogs
>get justed instead
>shitskins take your last penny
kek

>The Hunts lost over a billion dollars through this incident, but the family fortunes survived. They pledged most of their assets, including their stake in Placid Oil, as collateral for the rescue loan package they obtained. However, the value of their assets (mainly holdings in oil, sugar, and real estate) declined steadily during the 1980s, and their estimated net wealth declined from $5 billion in 1980 to less than $1 billion in 1988.[4]
>In 1988, the brothers were found responsible for civil charges of conspiracy to corner the market in silver. They were ordered to pay $134 million in compensation to a Peruvian mineral company that had lost money as a result of their actions. This forced the brothers to declare bankruptcy, in one of the biggest such filings in Texas history.[5]

>> No.9981205

>>9981165
fuck, man

>> No.9981208
File: 79 KB, 1289x670, oG2NzEW[1].png [View same] [iqdb] [saucenao] [google]
9981208

no man could ever be more JUST than i

>ATH of $5 to $0.07 and still dropping

>> No.9981238

>>9977604
yeah, but that's intentional. In fact it's the entire business model to keep doing reverse stock splits.

>> No.9981248
File: 35 KB, 1000x750, FOTO-6[1].png [View same] [iqdb] [saucenao] [google]
9981248

This one still makes a lot of old school mining guys salty as fuck in Canada

https://en.wikipedia.org/wiki/Bre-X

>> No.9981324
File: 102 KB, 1701x790, drxne.jpg [View same] [iqdb] [saucenao] [google]
9981324

DRXNE was/is some shitcoin that was initially airdropped to individuals at the rate of 1000 drxne/person and traded at roughly 750-1000 sats for a while. Total supply was ~75 million with most people owning only marginal amounts, since besides the airdropped quantities a few people had purchased otc directly from the dev

Then out of nowhere it was pumped from 750 sats to 130k sats on little volume (since there was little on the books at that time). Subsequently retraced the entire thing next hourly candle and continued to bleed all the way to 300 sats, after which 252 million coins were dumped (lol) bringing the price from 300 sats to 3. Most epic JUST i've seen firsthand in crypto

>> No.9981347
File: 103 KB, 1707x770, drxne megadump.jpg [View same] [iqdb] [saucenao] [google]
9981347

>>9981324
close up of the megadump portion since it's not visible on the first chart. The entire supply traded hands 3x on that day and a lot of pink wojacks were born. Scooped up a ton at the lows and dumped most on a later runup

>> No.9981477

>>9981248
I remember watching a docu on this, IIRC they threw the guy responsible out of a helicopter over the rainforest in South America

>> No.9981478
File: 419 KB, 1242x1484, image.jpg [View same] [iqdb] [saucenao] [google]
9981478

> Plebbitards fell for this.

>> No.9981489

>>9981248
>>9981477
yep
>The fraud began to unravel rapidly on March 19, 1997, when Filipino Bre-X geologist Micheal de Guzman reportedly committed suicide by jumping from a helicopter in Indonesia
>committed suicide by jumping from a helicopter in Indonesia
>suicide
lmao

>> No.9981498
File: 38 KB, 1704x85, Ouch!.jpg [View same] [iqdb] [saucenao] [google]
9981498

>>9981477

>> No.9981511

>>9981498
so he either got suicided or is now living it up on a beach somewhere

>> No.9981565

>>9981511
Yes there is a movie about this with Matthew McConaughey called Gold.

>> No.9981571

>>9981565
nice, thanks, will check it out

>> No.9981590
File: 607 KB, 769x1704, 1517879183930.png [View same] [iqdb] [saucenao] [google]
9981590

Lost 7k when XIV blew up back in February lmao

>> No.9981603
File: 82 KB, 800x601, grimstarr.jpg [View same] [iqdb] [saucenao] [google]
9981603

what u niggas know about graphs ?

>> No.9981624

>>9981603
>be poker player after black friday
>every time you get better and grow you face better opponents
>gets harder exponentially

Be trader
>Chart patterns stay the same regardless of skill
>Have to keep liquidity in mind when trading larger positions

Yeah I will pick trading over poker any day.

>> No.9981625
File: 111 KB, 625x553, saupload_ltcmroi[1].jpg [View same] [iqdb] [saucenao] [google]
9981625

>name your firm Long-Term Capital Management
>go bust in 4 years

https://en.wikipedia.org/wiki/Long-Term_Capital_Management

One of my all-time favourite JUSTS featuring eggheads flying too close to the sun and being utterly humiliated by their own pride and arrogance

>> No.9981663
File: 59 KB, 782x461, 43516266-15181000792104852_origin[1].png [View same] [iqdb] [saucenao] [google]
9981663

>>9981590
what a great recent JUST, watching the madness play out in real time after hours was fun to watch

>> No.9981703
File: 53 KB, 680x350, bearcrash.jpg [View same] [iqdb] [saucenao] [google]
9981703

This is my favorite thread now

>> No.9981721

>>9981590
>>9981663
what happened?

>> No.9981729

/r/ing quality movies/documentaries/etc about JUSTings
I find them fascinating

Enron: Smartest Men in the Room is pretty good

>> No.9981738
File: 538 KB, 1663x791, 1498326981932.jpg [View same] [iqdb] [saucenao] [google]
9981738

>>9981721
>shorting volatility
>biggest 1 day increase in volatility happens

When you pick up pennies in front of a steam roller, you get roll'd

>> No.9981766

>>9981511
>>9981565
>Walsh moved to the Bahamas in 1998, still professing his innocence. Two masked gunmen broke into his home in Nassau, tying him up, and threatened to shoot him unless he turned over all his money. The incident ended peacefully but three weeks later, on June 4, 1998, Walsh died of a brain aneurysm.
jesus fucking christ
wonder if he faked that aneurysm

>> No.9981771
File: 12 KB, 780x455, 731819[1].png [View same] [iqdb] [saucenao] [google]
9981771

>tfw dodged a bullet
>tfw missed a rocket

>> No.9981779
File: 41 KB, 640x633, 15030702709820.jpg [View same] [iqdb] [saucenao] [google]
9981779

>>9977604

What happens if you bought shares in 2008 and tried to cash out today?

>> No.9981792
File: 59 KB, 1129x512, lmao.png [View same] [iqdb] [saucenao] [google]
9981792

a /biz/ classic

>> No.9981798

>>9977604
story?

>> No.9981807
File: 271 KB, 1366x768, 1516209156679.png [View same] [iqdb] [saucenao] [google]
9981807

>>9981792
>it's just a really long cup handle

>> No.9981822

>>9981792
to be fair, it's just tracking BTC, same chart in the same time period

>> No.9981824

>>9981807
''3$ by end of may bro''

>> No.9981838

>>9981822
>it was just tracking btc the whole time
>meanwhile every other alt coin was going parabolic

yeouch

>> No.9981839

>>9973312
Why did every shit get a 2nd moon in January? WTF happend in January

>> No.9981861
File: 1.55 MB, 903x1100, file.png [View same] [iqdb] [saucenao] [google]
9981861

>> No.9981865

>>9981838
it did as you can see in the pic fucking dingus

>> No.9981897

>>9981865
damn bro a 5x
meanwhile alt coins were 20xing by the week
ouch

>> No.9981903

>>9981603
I came to post this. Theres an even better version thats a gif.

>> No.9981905
File: 23 KB, 1309x186, kek.png [View same] [iqdb] [saucenao] [google]
9981905

>>9979125

>> No.9981917
File: 13 KB, 653x102, TERMINATED.jpg [View same] [iqdb] [saucenao] [google]
9981917

>>9981721
XIV was a fund that was essentially short volatility, which is tracked by an index called the VIX. The XIV fund was essentially holding a large short position in VIX futures contracts, and then selling shares of that "pool" of assets to investors. The prospectus basically said that if the VIX ever doubled in a 24-hr period the fund would essentially have to terminate since being short something that doubles wipes out your capital

of course, the VIX did indeed go on a crazy tear one day (more than doubling), but for whatever reason the XIV was only down like 14% during regular trading. Then, after hours, the VIX spiked even higher and funds like XIV essentially lost 100% as they were forced to cover their shorts at end of day at whatever the prevailing price was, which was skyrocketing due to the forced buyers just described. Anyone holding XIV essentially lost 100% overnight and there was nothing they could do about it if they didnt dump their shit before market close that day.

>> No.9981923

>>9981897
i dont care about this pajeet shitcoin but that chart is identical to at least half of all alts, also you're only displaying USD and not sat/eth value, tl;dr you are a retard and i'm done responding to you

>> No.9981936
File: 37 KB, 246x88, 412c15a348ee833a0abe0466a38acc89.png [View same] [iqdb] [saucenao] [google]
9981936

>>9981923
found the bag holder

>> No.9982010

>>9981917
damn

>> No.9982018
File: 334 KB, 2567x1708, 1sellZCL.png [View same] [iqdb] [saucenao] [google]
9982018

This was ZCL leading up to the BTCP airdrop. In the late hours before the snapshot Bittrex posted to Twitter that they would honor it, driving up the price to around 120. The wallets were locked for the snapshot, and moments after it took place, a single whale slapped the single biggest sell I have ever witnessed live on the book. Price dropped from 858k sats to 120k sats. I remember getting in 1 btc at around 160k sats as fast as I could and flipping it for 2 BTC just a few minutes later. Amazing trade.

>> No.9982021

>>9981917
>>9982010
https://www.zerohedge.com/comment/11131100?sort_by=thread&sort_order=ASC&items_per_page=50&page=3%2C0%2C0%2C0%2C0%2C0%2C0%2C0%2C2

>> No.9982028
File: 31 KB, 199x199, BDF41F4D-8450-4F97-8864-AB3C98F23761.jpg [View same] [iqdb] [saucenao] [google]
9982028

>>9981792
Lol rest in piss linkies

>> No.9982075

>>9982018
Lol, he just didn't give a fuck. Imagine that catharsis, dumping like that on all of the people dumb enough to buy this shit after accumulating that dead as fuck coin for some time beforehand

>> No.9982098
File: 92 KB, 1735x852, futureJUST.jpg [View same] [iqdb] [saucenao] [google]
9982098

>>9982075
The same will happen with XPM and the bullshit Primecoin fork Rhett is trying to scam now. I was lucky enough to own this shitcoin before all this went down so I did okay but I can pretty much tell what's going to come next on this chart.

>> No.9982139
File: 70 KB, 1729x847, impressive.jpg [View same] [iqdb] [saucenao] [google]
9982139

>>9977604
Even on log it's amazing

>> No.9982141

>>9982075
People lost their shit because Bittrex kept the wallets lock for hours after the snapshot. And since they waited to the 11th hour to confirm it on Twitter, almost everyone had moved off the exchange to a private wallet to be make sure they got their coins. So you had all these people just watching the carnage and couldn't move their ZCL back over to get out at 300 or wherever they could. Probably top 3 craziest things I've witnessed live in crypto. Insane speed and huge volume.

>> No.9982148

>>9982141
thanks for the anecdote, that's hilarious and ineresting

>> No.9982180
File: 23 KB, 675x611, 123.png [View same] [iqdb] [saucenao] [google]
9982180

Why hasn't anyone posted HMNY yet? From $2.50 to $38 to $0.30 in a year

>> No.9982196

>>9982180
story?

>> No.9982202

>>9979333
that account currently holds 1050 BTC, but there was no 10,000 BTC trade on it around that time

>> No.9982207

>>9982196
They own some stupid business called MoviePass which lets you see unlimited movies for a flat monthly fee. They're hemorrhaging cash but initially pitched it as them losing money short term to build a customer base on which they could monetize the collected data. Now it's pretty much gonna be delisted or do a reverse split which will further destroy what little equity is left in this shithole

>> No.9982209

>>9982202
he has multiple addresses like all OGs and non-retards

>> No.9982212

>>9982207
>They own some stupid business called MoviePass which lets you see unlimited movies for a flat monthly fee
I was thinking about signing up for that kek

>> No.9982218
File: 530 KB, 1474x738, Screen Shot 2018-06-22 at 2.51.53 AM.png [View same] [iqdb] [saucenao] [google]
9982218

>>9982212
>>9982207
lmao

>> No.9982454

>>9973351
Love you anon <3

>> No.9982524

>>9973232
2014 EU ukraine autism killed russian economy and property prices hard

>> No.9982870

>>9981839
Even dead scams got a second moon but not OMG

FUCKING SHITCOIN

>> No.9982905

>>9974917
f=mAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>> No.9982975

>>9973351
Where do you live? Most western countries have some affirmative action-ish government job programs for disabled people. I think you might qualify with the heart and spine/joint injuries. Govt jobs are pretty comfy and should put you in a great spot

>> No.9982992

>>9982975
wtf are these squiggly lines

>> No.9983035
File: 30 KB, 1373x198, oopsie.jpg [View same] [iqdb] [saucenao] [google]
9983035

>>9981026
Holy shit some legit JUST going on there

>> No.9983065

lmfao

>> No.9983077
File: 49 KB, 1847x205, oopsie2.jpg [View same] [iqdb] [saucenao] [google]
9983077

>>9983035
it is like watching a train wreck in slow motion lol

>> No.9983101

>>9983077
>I lost over 90% of my 25 years of retirement savings. I have still not recovered. I am working on preserving what little I have left for when I try to retire in 2 or 3 years. It looks like I will now have to look forward living off of social security for the rest of my life.
Holy fuck.
Look and learn coincucks.

>> No.9983115

>>9973312
kek this drama was hilarious

>> No.9983158

>>9973351
Just hit the randomize button again nigga damn. You got shit that don't even exist like a ginger negro.

>> No.9983180

>>9977604
>DryShips
>dry ships

No wonder they went to shit, ships by definition need to get wet.

>> No.9983195

My favourite:

https://www.zerohedge.com/news/2015-11-19/devastated-trader-crushed-soaring-biotech-starts-onling-begging-campaign-fund-106000

>> No.9983207
File: 99 KB, 746x512, 1528561229794.png [View same] [iqdb] [saucenao] [google]
9983207

>>9973351

>> No.9983212
File: 113 KB, 1850x247, oopsie3.jpg [View same] [iqdb] [saucenao] [google]
9983212

>>9983035
jezus

>> No.9983217
File: 603 KB, 2732x2048, 2D1A147D-656B-47A7-A14D-8C46CA2DA5B2.png [View same] [iqdb] [saucenao] [google]
9983217

>>9973232

>> No.9983227
File: 32 KB, 686x393, Captura de pantalla_2017-07-04_02-28-14.png [View same] [iqdb] [saucenao] [google]
9983227

This was probably an error by Google, but it was pretty funny.

>> No.9983287

>>9982141
retards, the point is to dump prefork not get forked coins

>> No.9983299

>>9983035
>>9983077
stupid boomers

>> No.9983304

>>9981729
"Rogue Trader" is a great movie about a fund manager who fucked up big.

>> No.9983343
File: 58 KB, 386x474, 1518478545781.jpg [View same] [iqdb] [saucenao] [google]
9983343

>>9973295
BETKONEEEEEEEEEEEKKKKTTT

>> No.9983365

>>9973351
Git fucking gud fag lmao

>> No.9983400

>>9981624
poker is still better than wagecucking. i play poker and invest the winnings into crypto.

>> No.9983408

>>9983400
If you enjoy it sure.

Its too much work for me to become (more) profitable then I currently am.
When I play I play micro stakes.

>> No.9983448

>>9973232
bankrupted cause jews and elites decided to.

>> No.9983459

>>9973232
This is a bad example.
They were just unlucky that market collapse hit right then.

>> No.9983484

>>9974917
He also died a virgin. He was /biz/ personified

>> No.9983578
File: 98 KB, 632x553, 1529643939833.jpg [View same] [iqdb] [saucenao] [google]
9983578

>>9974917
Too real

>> No.9983580

>>9983035
>>9983212
I went down the rabbit hole once and tried to find these people on FB and find out more about their lives since the crash. I recall finding her profile but I can't remember the name. There was like a yearlong gap in posting around the time she got blown the fuck out

>> No.9983721

>>9979333
I dont understand why people think this guy was stupid.

Bitcoin NEEDED these types of transactional purchases to make it a thing. Without people going out of their way to buy things with BTC, without silk road, BTC wouldn't be a thing today.

Besides, if it took 10k BTC just to buy a pizza, don't you think he replaced the btc he spent? are you all that retarded?

>> No.9983731
File: 61 KB, 320x312, amerimutt.png [View same] [iqdb] [saucenao] [google]
9983731

>>9973351

>> No.9983751

>>9983580
She looks good, should find a rich man

>> No.9983760

>>9979145
keked

>> No.9983771 [DELETED] 

>>9977439
how is this even possibru? Is it a group of people? There's only about 2000 billionaires on this planet: it's must be one of them or a few of them pooled together. wtf? maybe a bank or government?

>> No.9983819

>>9977548
South Africa is where 70% of it is produced.
It's not going too well down there. If goverment chimps out, supply could plummet.
Silver is being held down by a futures market and fake comex shenanigans.
Rhodium you could only buy through a fully backed deutsche bank etf or in solid form.
Deutsche bank ETF is trading 10% under spot price, so what is deutsche doing? They buy it up themselves and then sell their collateral (the real rhodium) and pocket the difference.
So this stash of Rhodium is the biggest above ground supply in the world and it is dwindeling. (Only 100 million dollar worth or something)
Soon the buffer between supply and demand will be gone.
Its not very liquid but this has a high chance of going x4 or something.
I recommend solid over deutsche ETF, db could go Lehman.

>> No.9983842

>>9983771
>I should have proofread my retarded reply

How is this even possibru? Is this a group of people? There's about 2000 billionaires on Earth. It must be at least one or several billionaires pooled together—maybe it's a bank, a type of fund, or a government. What's the deal?

>> No.9983907
File: 130 KB, 925x691, E28CBF3C-9C71-4868-9CA1-C3007D3B15A3.jpg [View same] [iqdb] [saucenao] [google]
9983907

>>9978631
Impressive but check this
You’ve been buying my x10 bags kek

>> No.9983917

>>9983101
>I am working on preserving what little I have left for when I try to retire in 2 or 3 years. It looks like I will now have to look forward living off of social security for the rest of my life.

This will happen to the linkies on 01-01-2019. Screencap this. Btw check em

>> No.9983920

>>9983077
Why do they never learn?

>> No.9984252
File: 61 KB, 754x391, BC5F9318-02C3-406F-8B88-8A13038616BD.jpg [View same] [iqdb] [saucenao] [google]
9984252

>>9973232

2nd largest bank of germany

slowly bleeding out

>> No.9984273
File: 66 KB, 747x381, AE110E1F-D051-4679-874C-42D84808363E.jpg [View same] [iqdb] [saucenao] [google]
9984273

>>9973232
largest bank of germany , nearly dead

>> No.9984280

>>9984273

holy fuck . next EU crisis income?

>> No.9984293

>>9984252
>>9984273

This doesn't look good.

>> No.9984306

>>9982180
could I long helios and matheson? or are they done?

>> No.9984308
File: 46 KB, 1057x392, IMG_4823.jpg [View same] [iqdb] [saucenao] [google]
9984308

>>9984252
Same for douche bank.
Germans BTFO

>> No.9984323

>>9984306
You could bet on the comeback of a lifetime. You'd make serious bank but he odds of that happening are very low.

>> No.9984338
File: 70 KB, 960x720, IMG_4824.jpg [View same] [iqdb] [saucenao] [google]
9984338

The pride of belgium

>> No.9984379

>>9984252
All German banks are
They are being replaced by 1 euro central bank, nothing can go wrong with this.

>> No.9984510

>>9982212
heard about it back in November.
paid $95.
i've seen 20 movies.
$12 x 20 = $240
I must be the average Moviepass user which means they are hemorrhaging money.
and I still have another 4 months before my 1 year membership ends.

>> No.9984516
File: 132 KB, 1200x561, 1200px-Bank_of_Greece_logo.svg.png [View same] [iqdb] [saucenao] [google]
9984516

I invested in greek bonds during the crisis. Then got haircutted. My first JUST. Then I got into greek banks, because I KNEW they get bailout. My second JUST when haircutted again

>> No.9984600

>>9973351
>nigger/potato nigger mix, going to die from genetic diseases
>genetic heart disease
>genetic eyesight problems
>genetic spinal problems

So, you're the average American then?

>> No.9984615
File: 138 KB, 477x695, 048593754f62d7f4c548d32a890a9da5.jpg [View same] [iqdb] [saucenao] [google]
9984615

>>9984273
>>9984252
https://www.youtube.com/watch?v=BKr1BTIuBzc

>> No.9984663

>>9973351
Nice larp, mate!

>> No.9984797

0xbtc getting JUST'd, look at the chart hahahahbahahha

>> No.9984851

>>9975942
I fell for this and lost $25,000

>> No.9984950
File: 65 KB, 600x528, wewbruh.jpg [View same] [iqdb] [saucenao] [google]
9984950

>>9979145
>>9974917

One of us , one of us