/biz/ - Business & Finance

[Anonymous No.1709508]

>every minute goes a memecoiner commits suicide

Post "HAHAHAHA" to laugh at them.

[Anonymous No.1709563]

>>1709508
The big sell off will be coming soon. It's always a sharp drop then a bear trap then the big pop.

[Anonymous No.1709566]

>>1709508

Fuck them all, never buy in the middle of a bubble, always buy the first steps of a bullish rally.

I don't see any brave coiner today.

[Anonymous No.1709588]

>>1709566
but /biz/ told me to buy high and sell low

[Anonymous No.1709598]

>>1709566

That's it, and have a plan for when you want to exit, paper profits /= real profits. I got off the ride at $1026 a coin, feelsgood.jpg.

[Anonymous No.1709604]

>>1709508
HAHAHA I TOLD YOU FUCKS IT WAS 1920 ALL OVER AGAIN
WELCOME TO THE 30s

[Anonymous No.1709606]

>>1709508
I just buy dips and am in heavy green

Made 12k just this month lol

[Anonymous No.1709610]

Insider selling they know this shit is worthless

[Anonymous No.1709654]

>>1709606
> 12k zimbabwe dollar :^)

[Anonymous No.1709669]

is it going back up or no, I need to know if I should to tell my bank to lock my account so coinbase doesn't take my money sometime next week as I just bought

surely we're going to hit an all time high right?
why would people get skiddish now?

[Anonymous No.1709677]

>>1709669
AHAHAHAHAHAHA FAGGOT

[Anonymous No.1709683]

it's sad watching you guys cope

[Anonymous No.1709693]

I just lost every thing on leverage.

Going Long right before this crash I am fucked. Bros help me out.

1NNrE6u41EG2EBzsAoSE61BQcXcjmCkDU9

[Anonymous No.1709695]

>>1709677
I still think we're going to hit an all time high, $1500 this month

breaking 1000 again means btc isn't a one trick pony

[Anonymous No.1709697]

>>1709669
>coinbase

[Anonymous No.1709698]

>>1709693

Next time, use a Stop Loss, faggot.

[Anonymous No.1709724]

>>1709669

Buys are locked in, genius. Good god you should know this already.

[Anonymous No.1709726]

>>1709695
No way! the dip will get even worse and it will last for the next three years. Coiners get wise with time, risking less.

[Anonymous No.1709735]

>>1709724
how is that if coinbase isn't going to try and take the money until next week?

there's no bullshit I can to tell my bank about to get my account locked, so coinbase give me some 'error processing your request' next week and I don't get the bitcoins

and are there consequences for doing such a thing,?

[Anonymous No.1709746]

>muh moon
>muh btc
When will they learn? BTFO yet again.

[Anonymous No.1709773]

>>1709735
getting an account suspended could be one.

[Anonymous No.1709787]

>>1709773
if I take out my money will the transfer still go through and I'll owe the bank??

[Carbon No.1709791]

>>1709508
nocoiners on suicide watch :^)

[Anonymous No.1709796]

>>1709746

[Anonymous No.1709802]

>>1709669
No, it's falling back to 400.
Wait a year or two and the cycle will repeat though.

[Anonymous No.1709805]

>>1709508

>And then he said "buy Bitcoin!"

[Anonymous No.1709809]

>>1709735
genius plan lol

Is btc mainstream enough now that banks would actually allow this faggot to pull this faggotry?

I dumped at the peak I was shopping for my Lambo I need to know

[Anonymous No.1709814]

>>1709787
Yes plus interest faggot

[Anonymous No.1709822]

it seems like it was yesterday when i read everywhere that bitcoin is a must-buy now. it will definitely go through the roof they said. Also:

HAHAHAHAHAHA

[Anonymous No.1709842]

>>1709822
You should buy the dip tardmonkey, it's the last stop before MOON

[Anonymous No.1709846]

>>1709842
>underwater moon

[Anonymous No.1709847]

>>1709822

Nocoiners are forgetting why the dip happened, it had nothing to do with BTC and everything to do with currency manipulation, nobody could see this shit coming.

[Anonymous No.1709858]

>>1709566
youre an idiot, we havent even started the new bubble. gtfo

[Anonymous No.1709868]

>>1709566

Put together a 20 BTC position in futures this morning at average cost of 962 and flipped it at around 1010 for a quick 0.8 BTC profit

Scared money don't make no money, faggot

Made 7.5 BTC leveraged long on the ride up, too

[Anonymous No.1709873]

>still worth more then when I bought it

Nocoiners on suicide hotline

>captcha
>Volksbank

stay slaves to your bank good goyim

[Anonymous No.1709892]

>>1709847

Quit trying to rationalize.

you were wrong, accept it.

[Anonymous No.1709918]

Tank you me make lots of ¥en from stupid yankees

[Anonymous No.1709920]

>>1709892
What is he wrong about? The dip happened because of Yuan revaluation and the resulting panic in Chinese BTC markets. Crypto is still alive and well.

[Anonymous No.1709935]

>>1709508
realllllllly glad i procrastinated on buying BTC these past few weeks

[Anonymous No.1709947]

>>1709918
>yen

[Anonymous No.1709994]

>>1709947
yen, yuan, ying and yang
its all the same

[Anonymous No.1710016]

Price is about 950 when it breaks 1k again you will all be crying about missing the train again ,

[Anonymous No.1710018]

>>1710016
>977
fixed
>978
fixed myself
>979

No coiners on suicide watch

[Anonymous No.1710022]

>>1709935
the fact is there is no movement bitcoin can make that would make me want to buy it at this price. i need at least a year to acclimate myself to this new level. probably more.

if btc would fall back to a price i would actually buy it i wouldn't touch it with a ten feet pole for a good while either.

[Anonymous No.1710023]

Lmaoooo
Tonald you there?

[Carbon No.1710025]

>>1710016
>nearly at its high point
>missing the train
If you aren't shilling, I don't know what you are doing
If anyone missed a train, the train has nearly arrived at its destination at this point

Its not like if they buy now, they aren't risking a fuckload more than they'd gain

[Anonymous No.1710027]

>>1709695
>using arbitrary numbers to convince yourself that something in the future will happen

There are some sweet gains in crypto, but man, these fucking NEETs buy crypto and suddenly they think they're some sort of trading savants. It's sad, but mostly hilarious.

[Anonymous No.1710036]

>>1710027
>pic related
>you

Enjoying the neet life atm, going to get up in a little bit to watch the wagies get on their train to Wageschwitz, where they will labor. Arbeit macht Frei after all. See you on the train to nowhere wagie, I have to go now, toodles.

[Anonymous No.1710039]

>>1710025
You already missed out on $100 gains from just a few hours ago from buying the dip, the train hasn't even left the station yet m8

[Anonymous No.1710048]

>>1710036
There, there, anon. Dry those swollen eyes. It's not like you can't predict the future, you savant, you.

[Carbon No.1710052]

>>1710022

[Carbon No.1710056]

>>1710052
see
>>1710039

[Anonymous No.1710058]

>>1710048
>tfw to smart to buy buttcoin

[Anonymous No.1710059]

>>1709508

[Anonymous No.1710060]

>>1709892
>"car X is unreliable"
*other person crashes into car X*
>"SEE I TOLD YOU"

[Anonymous No.1710066]

who else bought that dip and made a nice extra 10%? literally money on the table ready to take.

[Anonymous No.1710072]

>>1710059
Kek

[Anonymous No.1710077]

>>1710066
As for myself I panicked in a major way when it went near 900 and ended up losing 5% of my BTC today. Didn't have any fiat.

[Anonymous No.1710097]

>>1710066
I sold everything yesterday. feelsgood man. I made comfy 100% gain over that bull mrun. Not btc though.

As for all cucks explaining themselfs
>hurr durr it wasnt predictable
It fucking was. Deal with ti already.

[Anonymous No.1710099]

>>there are people in this world that still dont have pepecash
>>there are people in this world that still dont have rare pepe cards

be alpha fags

[Anonymous No.1710104]

>>1710077
if i was buying in now id set tight stops around 950/960, its probably going to test 1k again and if it breaches that you could probably make back that 5%

[Anonymous No.1710110]

>>1710052
last time i bought was at 420 and i hesitated years before i bought and didn't regret it.
i have time. i'm not going to jump into this shit. not selling either let's see where it takes us.

[Anonymous No.1710112]

>>1710097
eth/etc? still looking for a good exit for both of those, slowly rising against btc. not so concerned about the fiat value. unfortunately i cant really move all my coins to an exchange to sell, would make it easier to profit on these movies if i could.

[Anonymous No.1710123]

>>1710104
I bought back in at the 940-960 range, own c.36.2 BTC now. It is definitely going to go above 1k and way beyond once the price manipulation gets going again UNLESS there is another major shock like this.

[Anonymous No.1710130]

Guide to bit coin investing:

when threads are: ahahaha no coiners blown the fuck out!! to tha moon!!! suicide watch :DDD

>sell

When threads are: HAHAHA coin fags BTFO. meme coiners on Suicide watch!!!

>buy

[Anonymous No.1710133]

>>1710130
>when threads are: ahahaha no coiners blown the fuck out!! to tha moon!!! suicide watch :DDD
That went on for weeks though.

[Anonymous No.1710138]

>>1710077
>PANIC

Me too. I sold up as it was falling but then it bounced back and is now higher than my selling price ;_;

[Anonymous No.1710145]

>>1710123
then it's going to go up again

[Carbon No.1710149]

>>1710130
Well its more like

HAHAHA NOCOINERS ->HAHAHA MEMECOINERS
>wait a while, then buy before they shift back

HAHAHA MEMECOINERS->HAHAHA NOCOINERS
>wait awhile, then sell before they shift back

some NLP machine learning agents being fed by an anon datamining these threads would probably make a good indicator

[Anonymous No.1710150]

>>1710123
I want it to drop to 700-800 before I start. Waiting on the next drop.

[Anonymous No.1710151]

>>1710097
This is what actually caused the dip today. If the PBOC hadn't performed this operation then it would have kept pushing higher. You just got lucky assuming that nearing the ATH would cause a crash when in reality that had nothing to do with it.

[Anonymous No.1710155]

>>1710151
This.

Today's move by China is only a temporary bandaid though; if anything it's going to make the yuan tank even worse after the initial effect wears off.

[Anonymous No.1710156]

>>1709508
KEYWORD IS MEMECOIN

GUYS

if you want BTC to be a success, stop focusing on speculation- and START MEMEING. Memetics will be the driving force that determines whether or not this thing succeeds.

I

[Anonymous No.1710158]

>>1710138
Just deal with it and buy back, in all likelihood it will go back up and even higher than before. It hurts to lose BTC but fiat is what matters at the end of the day (even though I shouldn't say this).

[Anonymous No.1710162]

>>1710150
Why would it go further down after a catastrophy tier 20+% drop? Just buy back and keep going.

[Anonymous No.1710166]

>>1710158
>It hurts to lose BTC but fiat is what matters at the end of the day (even though I shouldn't say this).
It's very apt to say at this point.
Bitcoin is more like gold than currency for now (only better if it had the same market cap).

When bitcoin eventually turns into an actual currency, it'll be stable and boring, and the time for gainz will be long gone.

[Anonymous No.1710170]

time for the dead cat bounce

[Anonymous No.1710172]

>>1710155
True; why the hell does a country with an export oriented economy try to strenghten its currency anyway? Just let it find its natural price in the market.

[Anonymous No.1710174]

TO DAH MUUUNN

FUCK YOU COIN SPAMMERS

I WAS SO FUCKING PISSED AT 10 FUCKING NEW THREADS EVERYDAY

I DON'T GIVE A FUCK ABOUT YOUR MAKE BELIEVE CURRENCY

[Anonymous No.1710176]

>>1710174
you'll always be a poorfag.

you forgot the golden rule

>buy the dip faggot

[Anonymous No.1710178]

>>1710174
>I DON'T GIVE A FUCK ABOUT YOUR MAKE BELIEVE CURRENCY
Tell that to Nixon.

[Anonymous No.1710181]

>>1710150
anon, you could buy now, and if it does sink, buy again to reduce your average cost basis.

just basic buy the dip strats

[Anonymous No.1710188]

>>1710166
its what matters for bitcoin but for alts you want to pay attention to the btc rate because the fiat rate is normally misleading.

[Anonymous No.1710230]

Mexicans manipulated their currency, and a couple of hours later it's all undone again.

Fucking lmao Pedro (you know where you are).

Expect this little fiasco to tank the peso even harder (go bitcoin), and FULLY expect the Chinese Yuan manipulation to have the exact same effect.

I'm buying the dip, you better believe it.

[Anonymous No.1710240]

>>1710230
>Mexico
>relevant

see >>1710151

[Anonymous No.1710244]

>>1710240
China did the exact same thing, and it'll have the exact same effect.

[Anonymous No.1710246]

>>1710230
Gotta love these little narratives the NEETs dream up to fill in the void.

Dunning Kruger at its finest.

[Anonymous No.1710249]

>>1710244
The PBOC operation is what caused today's events, the Peso's effect on the price is marginal if anything.

[Anonymous No.1710256]

>>1710230
>>1710244
Woops I didn't even really read your post before rushing to respond. sry4 spamming

[Anonymous No.1710259]

>>1710249

>The PBOC operation

spoonfeed please

[Anonymous No.1710269]

>>1710246
Except currency manipulation by China (and to a lesser extent Mexico) are directly responsible for today's little bitcoin kerfuffle.

[Anonymous No.1710272]

>>1710259
In one picture >>1710151 (You)

You can read about it on zerohedge and competent crypto websites

[Anonymous No.1710277]

>>1710269
Let's see the evidence, kiddo.

[Anonymous No.1710279]

>>1710277
Mexico:
http://elb-tnews-ws-672510455.us-east-1.elb.amazonaws.com/ultimas-noticias/banxico-apoya-al-peso-con-venta-de-dolares/

China:
https://www.bloomberg.com/news/articles/2017-01-05/bears-scramble-for-yuan-as-china-chokes-flows-supports-currency?cmpid=socialflow-twitter-business&utm_content=business&utm_campaign=socialflow-organic&utm_source=twitter&utm_medium=social

[Anonymous No.1710283]

>>1710269
>>1710279
Is it going to go down further or was this it?

[Anonymous No.1710284]

>>1710279
I cannot understand why the PBOC did this. If the revaluation was succesful it would only harm their economy.

[Anonymous No.1710287]

Dont you fags have a stop loss option?

[Anonymous No.1710291]

>>1710172
>True; why the hell does a country with an export oriented economy try to strenghten its currency anyway? Just let it find its natural price in the market.
Stop living under a rock. They don't want their currency to devalue now. China is trying to turn into a mixed economy like USA and make the Yuan a reserve currency. If they succeed = Bitcoin dead.

[Anonymous No.1710292]

amateur traders eaten alive once again. billions of dollar amateur money just like stock market

[Anonymous No.1710294]

>>1710283

>three higher lows

I'm 90% sure this won't stop the bull trend

[Anonymous No.1710297]

>>1710279
Conjecture is not evidence.

Neither link even says any single thing about crypto. Try again, kiddo.

[Anonymous No.1710299]

>>1710287
It can fuck you over good when something like this happens.

[Anonymous No.1710305]

>>1710297
It is common knowledge on /biz/ that chinese yuan price is a major driver of btc price

[Anonymous No.1710306]

Nocoiner will post dick for bits
1DrJZG1oV5TY47iJW3P8FtGYRmvtmKrqU6

[Anonymous No.1710309]

>>1710305
>common knowledge
>can't provide evidence

Like I said, dunning kruger at its finest

[Anonymous No.1710315]

>>1709508
Serious question is this the perfect time to buy some if you never invested on it?

[Anonymous No.1710318]

>>1710315
No!

[Anonymous No.1710339]

>>1710283
This was it for this particular event.

The Peso shot right back to where it was before the manipulation, and the yuan will do exactly the same thing as soon as it opens.

If anything, public trust in pesos and yuans has been further eroded.

[Anonymous No.1710340]

>>1710297
Lol.

[Anonymous No.1710342]

>>1710315

Wait a few days to see if it's bull or bear

[Anonymous No.1710345]

>>1710309
>dunning kruge
Bitcoin trend and has followed yuan trend for a year now, and it did so today too. What more do you want?

[Anonymous No.1710350]

>>1710340
>>1710345
>still no source or evidence, just guesses from unemployed, self-proclaimed experts trying to pass off conjecture as fact

I just wanted evidence, but I got exactly what I expected from the NEETs of /biz/. Nothing.

[Anonymous No.1710359]

>>1710350
Information on BTC and Yuan prices over time is easily found online, what the hell is your problem?

[Anonymous No.1710384]

>>1710342
can you explain in leymans terms what this means? how can you know? do you have to constantly monitor the chart?

[Anonymous No.1710391]

>>1710384
You cannot know. Personally I believe that a dip like this leads to a major pump soon.

[Anonymous No.1710402]

>>1710315
haven't you heard?
bitcoin only goes up!

[Anonymous No.1710424]

how do i buy bitcoin on btc-e.com i already signed up but it doesn't tell me how

[Anonymous No.1710428]

>>1710424
you don't you only trade them there

[Anonymous No.1710431]

>>1710424
Check the FAQ or ask support on how to send money there through a SEPA transfer or in another way.

[Anonymous No.1710435]

>>1710424
Go to your account page ->funds -> usd ->deposit
or something like that

Haven't used btc-e in some time

[Anonymous No.1710436]

Genuinely not sure whether to buy back in lads?

BTC seems to have stabilsed around $980 but this feels too high to buy and what if it tanks again?

[Anonymous No.1710437]

BUT WE WUZ GON BE MILLIONARES N SHEEIT

MUH 100,000 DOLLAR PER COIN IN 10 YEARS N SHIETTT

[Anonymous No.1710439]

>this dead cat bounce right now

Muh cheap coinz XD

Fuck off Buttcoin losers

[Anonymous No.1710443]

>>1710437
>MUH 100,000 DOLLAR PER COIN IN 10 YEARS N SHIETTT
Nothing has changed with regards to long term development

[Anonymous No.1710455]

>>1710443
Keep moving those goalposts. I regulary heard you buttcoiners saying it won't drop below 1000 ever again.

[Anonymous No.1710462]

>>1710455
I'm sure you have seen someone other than me post that. Still,
>Nothing has changed with regards to long term development

[Anonymous No.1710466]

>>1710439
>cheap coins

m8 it's almost $1000

I'm going to be sensible and wait for the full crash before buying

[Anonymous No.1710467]

>>1709508
>muh magical internet money
>i-it's totally not a scam guys...
>people are stupid enough to sell shit for "currency" with a no value at all like the retards they are
>I swear it's money...

[Anonymous No.1710472]

>14% drop

That shit isn't normal. Even that rise for 3 months straight wasn't normal. Shit ain't normal peoples.

[Anonymous No.1710480]

>>1710472
>what is volatility

m8 the same thing happens in plenty of other markets. Even something as old as gold can be volatile

Silver is twitchy as fuck and has lost me thousands

[Anonymous No.1710482]

>>1710472
It is no secret that crypto is volatile.

[Anonymous No.1710488]

>>1710480
Silver has been overvalued for years.

I'm starting to notice a trend between metalbugs and memecoin holders. They're all retarded.

[Carbon No.1710491]

>>1710472
for 4pm yesterday and 4pm yesterday

>24 hr period
>gains 10% and loses it all in almost a bell curve

Can someone say pump and dump?

[Anonymous No.1710494]

>>1710467
>muh magical internet money
>with a no value at all

Are you trolling or braindead retarded? Bitcoin IS money because people use it as money and buyers and sellers both agree that it is currently worth $975. It is the same situation with paper currency, gold, cowrie shells, etc. They are all just representations of value with no real value themselves. How do you even function in society being this fucking stupid?

[Anonymous No.1710497]

for fuck's sake get a job or start a business you losers. Stop living in lalaland with all this "to the moon" bullshit and actually do something with your wretched lives. It's fucking shameful. You guys weren't smart enough to put a measly $2,000 into bitcoin back when they were at $0.80 a piece. You missed the gravy train of 2013 and now you fuckers are trying to make good on it with your pathetic 100% returns. "Oh boy just doubled my fucking $1000." $2,000 can't even buy a month's rent in a half-decent apartment.

I took every penny of the money I made in 2013 and put it into starting a marketing firm. Now I make more money while shitposting on /biz/ than you NEETs do in a fucking decade.

Stop jerking off to chinese girl cartoons. Stop smoking pot. Stop visiting this fucking site. Read books. Build a network. Meet some cool people. Make some fucking money and enjoy your life outside of your basement.

[Anonymous No.1710507]

>>1710497
> $2,000 can't even buy a month's rent in a half-decent apartment.
Is this really true in America

[Anonymous No.1710513]

>>1710488

You really think silver is overvalued?

[Anonymous No.1710514]

>>1710494
You're pretty limited on what you can buy with buttcoin. Quit lying, until buttcoin can be accepted everywhere just as well as cash or credit it's just gambling especially if you hold.

[Anonymous No.1710516]

>>1710497
thats cute, guess you wern't smart enough to put enough money into bitcoin to retire during the 2013 ath then?

[Anonymous No.1710517]

>>1710491

Someone once said you can't pump n dump btc cause the market cap.

[Anonymous No.1710521]

>>1710497
post proofs or it didnt happen

[Anonymous No.1710526]

>>1710507

Yes. For the most part.

[Anonymous No.1710530]

>>1710517
>the market cap
Implying you know what that means

[Anonymous No.1710534]

>>1710514
>You're pretty limited on what you can buy with buttcoin

You can buy anything with Bitcoin now that you can buy using fiat currency.

>Buying gift cards for any major retailer using Bitcoin with 0% fee
>Buying fiat currency using Bitcoin on sites like localbitcoins (cash in person, cash in mail, bank wire, etc.)

[Anonymous No.1710539]

>>1710497

That's awesome dude. Look at Chad here gois. Did you ever think that maybe, just maybe, some of us actually trade a small fraction of our net worth and actually know what we're doing? That maybe some of use own 2 businesses and trade for the keks? It was obvious once 1k was hit, it would crash. Now it's a stupid dead cat, that will level out n turn around.

How can you be this ignorant? You're just truly a special snowflake.

[Anonymous No.1710544]

>>1710534
Can't pay my mortgage and bills with bitcoin. For most people thats a hassle. And the fact you have to SELL your bitcoins to buy most things just proves my point.

[Anonymous No.1710548]

>>1710530

> implying I'm not agreeing
> implying I'm not making fun of copers

[Anonymous No.1710559]

>>1710544

>Can't pay my mortgage and bills with bitcoin

You also can't pay for your mortgage or bills using gold. Gold must be a scam.

>And the fact you have to SELL your bitcoins to buy most things just proves my point.

When you use fiat currency, you are in fact selling it.

[Anonymous No.1710560]

I was going to buy bitcoin yesterday but my internet connection is so slow it's going to be days before my blockchain is up to date.

Thank you slow internet.

[Anonymous No.1710567]

>>1710494
im trolling faggot
I have 15 BTC
>inb4 gibbe sum

[Anonymous No.1710573]

>>1710544

Actually with shift card you can.

[Anonymous No.1710576]

>>1710559
Gold isn't a scam but it's a piss poor investment.

You know what I meant about selling. I dont have to convert my dollars to dongs to pay my bills.

Cope harder.

[Anonymous No.1710590]

Lmmaooo cryptoshits

[Anonymous No.1710593]

>>1710480

Gold is pretty stable. It's the dollar that's volatile.

>>1710488

>silver
>overvalued

[Anonymous No.1710610]

>Price hits 1k
>No-coiners cry they missed out
>price dips allowing them to buy in
>they still refuse to buy

I've been riding the money train all year ,i kept telling you cucks to buy but you only take note when there's a bull run and it's too late ,stay poor

[Anonymous No.1710613]

>>1710576
why? of all the metals. The ones we need for technological advancement well into the 22nd century are gold, iridium, platinum, palladium, and even silver.


less important is yttrium, but these are all metals we need for making spark plugs as the developing world begins to catch up to the developed world. The emerging demand for cars and devices requiring printed circuits in the developing world is not something you should ignore.

[Anonymous No.1710616]

what site(s) do u use to see the price? i need a good site currently watching bitstamp but cant zoom in more then a day

[Anonymous No.1710622]

>>1710616
bitcoinwisdom.com

[Anonymous No.1710641]

>>1710099
Checked

[Anonymous No.1710717]

>he didn't buy the dip
>again
oh boy

[Anonymous No.1710737]

>>1709892
>you were wrong
You can still buy before it's back up to 4 figures

oh wait.

[Anonymous No.1710739]

>coiners
AAAAAAAAAAHAHAHHA

[Anonymous No.1710741]

[Anonymous No.1710747]

>>1710739
>hahaha 4 figure bitcoin
cope

[Anonymous No.1710762]

>>1709858
I'm hoping for a good dip so i can get more btc for this 2017 train, but it's probably never going to be as volatile as it was before.

[Anonymous No.1710782]

>>1710593
>Gold is pretty stable. It's the dollar that's volatile.

Wrong. They are inversely related.

http://www.macrotrends.net/1335/dollar-vs-gold-comparison-last-ten-years

>>1710613
Gold has value but doesn't inherently generate value. Companies who use gold do.

I'm not saying there isn't money to be made in gold and silver but the S&P500 historical gains blows both out of the water.

In a perfect world you could accurately predict when the economy tanks and store your assets in metals but no one can accurately predict it so you miss out on gains. Time in the market is greater than timing the market historically.

[Anonymous No.1710791]

>>1709868
>Scared money don't make no money
nigger detected.

[Anonymous No.1710812]

>>1709508
Aleady back at $1000.
Suck it faggot

Make sure to post this shit every time there is a dip on the way to the moon. Your salty coping is cute. When we get to $10,000 then you can kill yourself.

[Anonymous No.1710817]

>>1710762
just buy in a regular way. cost average in, don't try and be too smart

[Anonymous No.1710821]

>>1710488
>Silver has been overvalued for years.

It's below the cost of production for most miners.

you fool

[Anonymous No.1710823]

>>1710812
It will rise to 1100 and then drop to 800.

[Anonymous No.1710834]

>>1710821
No one buys silver at it's actual price. People only buy at spot-price. Also there isn't a silver shortage.

https://thedailygold.com/the-silver-shortage-myth/

Don't do research though, invest in metals! Meanwhile markets are cucking you every step of the way.

[Anonymous No.1710860]

>>1710610
can you explain this "bull" and "bear" thing to me? I googled it but im too retarded to understand what these investopedia fucks are saying

[Anonymous No.1710865]

>>1709610
Bingo

Just like their Wall St. father.

[Anonymous No.1710866]

>>1709698
Algos love to run stops

[Anonymous No.1710869]

>>1710860
Bull means buy and goes up, Bear means sell and goes down

[Anonymous No.1710870]

>>1709847
Mr. /x/ told you it was coming.

But you just mocked.

>>1685847

[Anonymous No.1710873]

>>1710834
Better get your Silver.

It's an antibiotic and Bitcoin is going to need it cause it keeps puking blood.

[Anonymous No.1710877]

The panic in this market is hillarious - is 90% of bitcoiners 13 years old??

[Anonymous No.1710878]

>>1710869
so we want to buy on bull runs and sell on bear traps? Is there a way to know when a bull run is about to start or is just starting?

[Anonymous No.1710894]

>>1710741
actually, we are in the bear trap of the awareness phase now. mania will come in the coming weeks once bitcoin gets mainstream attention again.

[Anonymous No.1710903]

>>1710878

You want confirmation of a bull trend. How much confirmation? Depends on how aggressive you are an a lot of other stuff. Go look at a long term chart of BTC, and a short term with candlesticks. Would you like a neat series that has helped me trade?

[Anonymous No.1710914]

>>1710878
>>1710903

For example, I bought about half of my current stake when I saw the double bottom after the spike, then after the triple bottom, I bought more, then it held 1000, so I bought more, I am now at 100% of my current stake (obviously). This might seem very aggressive, but I only have about 10-20% of the total amount I want before the end of February. So if it gets parabolic, I'll be fine as I'll sell my stuff at unhealthy highs. If it falls, I'm fine as I can wait till the downtrend slows down. If it gradually rises up, I'll be pissed, but slowly buy in on dips.

This strategy is based on my analysis which has led me to believe BTC will have a bull year, and likely hit 1500 at least.

[Anonymous No.1710921]

>>1710914
i dont understand these candlestick things, the chart looks very confusing. the candles seem to be green and red and sometimes they are filled in. Theres also a white line going through these candles, is that what the price is? what id going on!!! do you watch charts at 1h? or 1d? or 15m?

[Anonymous No.1710927]

>>1710921
>>1710914
also what wallet are you using? how are sure you wont get hacked? where are you buying from? how are you converting your us dollars into bitcoins and then trading with them? which exchange are you using? how much are you charged for transavtion fees? if you wanted to convert ur bitcoin back into fiat currency how quickly and easy can you do it and how much usd do you lose in doing so?

[Anonymous No.1710935]

>>1710921

You need to learn what you are trading, why you think its going up down on the long and short term, and most importantly how to read a candlestick chart. I like the 15 minute candlesticks for short term bitcoin and daily or weekly for long term, but I encourage you to find what you like. Let me give you a video series on candles.

https://www.youtube.com/watch?v=k9AlAvYa6MA

>>1710927

I'm getting fucked in the ass by Coinbase, but I'm very positive they are secure, and more positive than ever with the recent IRS pressure. They would have simply exit scammed if they were not legit. And I don't think many bitcoin related sites have been hacked, they just up and leave. I'll probably sell with local bitcoin as the mark up to buy btc is insane and you can make even more that way. But bring a gun.

If you want real security get a hard drive, put your btc on it, then store the hard drive in a safe. I don't worry about that though.

[Anonymous No.1710939]

>>1710927

Only thing you have to worry about with coinbase, is the tax man. If the IRS is monitoring them, they will not exit scam. It would be suicidal. I'm ok with paying taxes, so it doesn't bother me.

[Anonymous No.1710942]

>>1710350
>Yuan low
>Chinese sell Yuan and buy bitcoin because they can't simply buy foreign currency

>Yuan rises artificially
>Chinese buy Yuan back

Ta-da.

Stop making a fool of yourself.

[Anonymous No.1710952]

>>1710491
Today was about currency manipulation, nothing to do with pump and dump.

[Anonymous No.1710956]

>>1710935
in the video he says open and close?

what??? i thought the bitcoin markets never close and its an ongoing process, do you mean close when the clock hits midnight and also open immediately and continue until midnight?the next day?

[Anonymous No.1710957]

>>1710956

It's a stock video. But it still applies for BTC. Also, the candles open, and then close. If you have 5 minute candles on, from 9:00 to 9:05 you will have a complete candle.

[Anonymous No.1710958]

>>1709508
i sold at 1080 its a good day to be a memecoiner

[Anonymous No.1711004]

>>1710957
Hey, I'm just starting, could you recommend any place to get some practical experience on investing? I'm talking about very low stakes as I just want to get a feel for it.

[Anonymous No.1711013]

Tell me the no coiners bought the dip.
Tell me they weren't completely fucking retarded and missed the 100 dollar discount life boat.

[Anonymous No.1711061]

>>1709508
nocoiners always face record levels of cope and salt when they make fun of dips and then it goes the other way and they realise they lost another opportunity

[Anonymous No.1711062]

>>1711013
they didn't
no coiners are retarded

[Anonymous No.1711083]

>>1709508
TA is nothing more than numerology. Past performance is no guarantee of future earnings. Bitcoin will collapse and they'll start Autumn Radtke'ing themselves again.

[Anonymous No.1711325]

>>1710306
I'll give you bits not to show your dick

[Anonymous No.1711338]

>>1711013
they prefer to shit-post than get rich

[Anonymous No.1711368]

>>1710894
Oy vey you know too much!

[Anonymous No.1711393]

>>1710762
>fun times are over
I didn't expect to see this happen within the decade
I really hope shitcoins keep delivering forever, this is much more fun than gambling

[Anonymous No.1711394]

>>1709598
Same here! Good timing, investment bro. Did you exchange for USD?

[Anonymous No.1711482]

>>1711013
Bought the first .1 of my moon ticket. Feels good.

[Anonymous No.1711494]

>>1709508
Should I drop like a hundred dollars on BTC right now?

[Anonymous No.1711495]

>>1711494
It's not a bad idea anon, if you can lose those 100 without problem then there's no reason you shouldn't

[Anonymous No.1711781]

>>1709566
> I don't see any brave coiner today
right here

>>1709693
why did you leverage at ATH?
a retrace was inevitable

>>1709604
>>1709610
>>1709654
>>1709677
>>1709697
>>1709746
>>1709802
>>1709892
>>1710058

are nocoiners the CTR shills of /biz/..?
have they always been so pathetic?

BTC 50% up in December.
Retrace of 20%.
> Bitcoin BTFO again!
STILL UP 30% in last 30 days

Bother me when it falls to 500

[Anonymous No.1711784]

GET YOU BTC OUT NOW CHINA IS READY TO SHORT IT AGAIN WHILE AMERICANS SLEEP

[Anonymous No.1711787]

>>1711784
Unless China is pulling some shit again (or India or something) that we don't know about yet, I don't think so.

The Yuan is going to shit again as we speak, and yesterday's dip was triggered by China manipulating the Yuan into going up.

[Anonymous No.1711790]

>>1711787
Well, it is dangerously approaching today's low. I really cannot sleep. For now I put all my bitcoins into DOGE at 24 for stability stake. Hope it can raise to the high 20's soon.

[Anonymous No.1711792]

>>1711787
Yesterday, some whale sold off 3000 Bitcoin at market value.
Price went from 1100 to 900 and cleared out buy orders.
Price recovered, but then with far less buyers in the market.

When large sell orders came in later that day.
There wasn't enough buyers in the market to keep the price up.
And market retraced 20%, recovered 1/3 already.
Looking bullish.

tl;dr....
ITS FUCKING NOTHING

[Anonymous No.1711797]

Anyone here keeping an eye on btc china? Its scary now. Massive sell offs and reds going on.

[Anonymous No.1711807]

Under 900 now

DRRRROP IIIIIIT

[Anonymous No.1711810]

>>1711797
whales leaving the market?

[Anonymous No.1711815]

>sold it all (4.2) at $1025
>now wondering when to hop back on this train
It will drop more right?

[Anonymous No.1711818]

>>1711815
yes, hang on

[Anonymous No.1711823]

>>1711792
>Yesterday, some whale sold off 3000 Bitcoin at market value.
What is huobi? Literally whales selling of 10s of thousands.

[Anonymous No.1711826]

>>1711810
I have my gut feeling that the third crash would bring it all the way down to the sub 800 range. Fuck. I'll go to sleep. And I'll see if I am right.

[Anonymous No.1711829]

>>1711810
Why would they when there's been so much talk even in the mainstream media about BTC going to 2000?

[Anonymous No.1711830]

Fuck my life lost 20k usd

[Anonymous No.1711831]

>>1711830
How? Margin trading?

[Anonymous No.1711834]

>>1711831
I have 80 btc, it was 1150 now its 900

[Anonymous No.1711835]

>>1711834
Irrelevant if you bought at 700

[Anonymous No.1711837]

>>1711834
You knew when the first crash brought 1125 to 1050 with a dead cat bounce, you knew that was the time to get the fuck out for now.

[Anonymous No.1711838]

>>1709508
Look how fast these spineless cucks jump ship at the first sign of trouble. Literally zero faith in the system they keep touting and they still don't realize that 99% of bitcoin are owned by something like 10% of addresses.

The amount of legal manipulation they do to drive up the price then sell of is hilarious. Literally what Mt.Gox tried to do (fake trades) to drive up price and replace lost user funds.

[Anonymous No.1711841]

>>1711829
short term vs med/long term

Whales can still cause high volatility for example.

> be whale
> have 1000 BTC
> worth $1k each, $1m total
> sell 100 BTC
> market drops say 5%
> buy back 105 BTC for 5% discount
> price rises to $1k again
> now you have 1005 BTC, made free $5k

[Anonymous No.1711843]

>>1711838
so just like every other (((currency)))

[Anonymous No.1711844]

>>1711838
You LITERALLY don' t know what you are talking about.

[Anonymous No.1711847]

>>1711838
10% is controlled by 120 wallets
25% is controlled by ~2500 wallets

not 100% sure, but i think this is actually better than Gold or Fiat.
the Walmart family for example control the same wealth as bottom 5 BILLION people.

[Anonymous No.1711850]

>>1711841
Yes, in other words there's no reason to assume that whales would leave the game.

[Anonymous No.1711851]

>>1711847
>>1711838
forgot pic
https://blog.lawnmower.io/the-bitcoin-wealth-distribution-69a92cc4efcc

[Anonymous No.1711866]

Huobi price leadership seems to have returned.

[Anonymous No.1711871]

its going back up to 1000 atleast now.

[Anonymous No.1711883]

>>1709508
"HAHAHAHA"

[Anonymous No.1711888]

>>1711883
You're kind of late

[Anonymous No.1711890]

Someone who believes in the Elliot Wave theory and claims to understand it please identify and point out these waves on the price chart and post your findings here.

[Anonymous No.1711897]

How long until it drops down to $800-850? It could take several months.

[Anonymous No.1711899]

most of /biz/ bought their BTC quite early.. this doesnt phase me one bit.. still in the green. A correction was bound to happen

[Anonymous No.1711903]

>>1711871
>its going back up to 1000 atleast now.
t. optimistic bagholder

[Anonymous No.1711906]

>>1710156
Are you referring to the $50,000 bitcoin coming? It hasn't even started yet.

[Anonymous No.1711918]

>>1711906
>Sub 100

P A N I C

[Anonymous No.1711925]

>>1711918
That would be great.

[Anonymous No.1711930]

>>1709508
>mfw I bought @ 750
>mfw still massively in the green
>mfw I just keep it around to donate to various online sites and buy games

[Anonymous No.1711968]

Say goodbye to the 900s
F

[Anonymous No.1711973]

>>1711968
Lots of people spooked by yesterday I guess.

[Anonymous No.1711976]

>>1711930
It fell by 100$ yesterday.

It fell by another 100$ today and still falling.

It will reach 700$ by monday.

[Anonymous No.1711979]

it's falling like the snow
like very wet snow

[Anonymous No.1712000]

>>1711976
Very possible, but I think it won't go that deep. The Yuan is bouncing back to the same position it was at before yesterday's manipulation.
Guess it depends on how skittish the bitcoin market gets. Market cap is still tiny, so the volatility is still there.

[Anonymous No.1712049]

>>1712000
the psychological effect of drop will kill the "going to the moon no stops from here" gleam out of a lots of retards eyes. i would expect a downward over-correction because many just woke up and tries to hedge their position from future drops like that.

[Anonymous No.1712080]

>>1711494
I dropped 200. See you in >20% gains land.

[Anonymous No.1712089]

I went in again and bought 4 btc

[Anonymous No.1712204]

>>1712049
You really believe the mental state of autists posting on a chinese cartoon board have any effect on bitcoin's price?

[Anonymous No.1712282]

>>1712204
i believe it will cut back on the "investment" mentality even more.

[Anonymous No.1712344]

CHINA DECLARES WAR ON BITCOIN ABORT

[Anonymous No.1712346]

Fuck every memecoin peddler in this sub.

[Anonymous No.1712362]

>>1712344
source or it's a troll

[Anonymous No.1712872]

Bought 4 today, going to enjoy those gains.

[Anonymous No.1712896]

>there are people who bought at 1100

[Anonymous No.1712918]

>>1712896
FUCK YOU FAGGOT IT'S GOING TO $1500+

[Anonymous No.1712927]

>"investing" in cryptoshit

Just bet it all on red if you enjoy gambling that much

[Anonymous No.1714288]

>>1710436
kek

[Anonymous No.1714838]

nooo..