[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 803 KB, 1440x2960, Screenshot_20200523-225512_TradingView.jpg [View same] [iqdb] [saucenao] [google]
19300249 No.19300249 [Reply] [Original]

Just to imagine there's people thinking we gonna moonsoon chills my blood, look at that god damn exauthed run attempt, couldn't even visit 9.5k and still in oversold territory with volume getting lower and lower.

If you're holding any shitcoin lube up...

>> No.19300300

>>19300249
ta doesnt work when tether printing exists

>> No.19300342

>>19300300
Facts, nigger

>> No.19300364

What IS cryptocurrency anyways? I understand it's just a scam for retards to buy into the "idea", but has anyone ever asked themselves WHAT it is?

People are buying into it in hopes of it rising up more so they can profit. This is easy to understand, but what exactly is it for? Because in the meantime only criminals use it to their advantage. Yes, they do, don't even try to pretend like that's not what it's for. No practical reason to use it unless you're doing something you shouldn't.

It's not backed by anything aside from "bro trust me" and its value is based on the USD (or whatever shit currency your gay country has). You still NEED the USD. Not to mention it doesn't matter because it's not backed by the government. You can't "do" anything with it. I understand the technology. You know, the same technology that's in Apple Pay, Android Pay (Google Pay? Don't know because I don't use poor people phones), Samsung Pay, and shit like that. I'm genuinely curious what the "point" is?

>> No.19300385

>>19300300
>>19300342
Cope

>> No.19300400
File: 1.01 MB, 1905x966, Bizcoinsitescreendump3.png [View same] [iqdb] [saucenao] [google]
19300400

when your bitcoin becomes your shit coin.

back your very own coin, /biz/coin - /our/coin

>> No.19300405

>>19300364
>What IS cryptocurrency anyways?
A solution desperately searching for a problem

>> No.19300442

>>19300249
No, jew.

>> No.19300450
File: 20 KB, 250x375, 1558558326021.jpg [View same] [iqdb] [saucenao] [google]
19300450

>>19300249
> Dude we're gonna dump
> Source: my phoneposting TA.
No

>> No.19301379
File: 38 KB, 800x600, when u see it.jpg [View same] [iqdb] [saucenao] [google]
19301379

>>19300364

>> No.19301441

>>19300249
do you see us fulfilling the 3500 cme gap meme?

>> No.19301513
File: 39 KB, 480x540, 1582975393895.jpg [View same] [iqdb] [saucenao] [google]
19301513

>>19300450
>>19301379
seething perma bull fags

>>19301441
It obviulsy looks crazy atm because of current price and momentum but still entirely possible given the current factors worldwide and ez manipulation of the crypto market. CME gaps have become self fulfilling prophecy

>> No.19301632

>>19300364
Apex boomer comment

>> No.19301701

Keep holding your dick on the sidelines you absolute bobo keks.

>> No.19302068

>>19300364
BTC is a scam bought into by retard zoomers pajeets and chinks.
Its not going to last, the gubberment will release its own version officially backed by USD.

>> No.19302093

>>19300300
based

>> No.19302130
File: 135 KB, 600x450, mememe_3b76f78d0ae4ec3cafce847621a2b8cd-1.jpg [View same] [iqdb] [saucenao] [google]
19302130

>>19300249

TA is astrology for men

>> No.19302134

>>19302068
This is why you should only buy coins that serve a purpose, like Link, Eth, Cardano, Tezos etc. They arent trying to be money, the coin is just to power their technology. Technology that will be used by corporations and the world in general. Any coin that is trying to be money will fail.

>> No.19302146
File: 101 KB, 1280x719, LOKI comfy.jpg [View same] [iqdb] [saucenao] [google]
19302146

>>19300249
It's all about ALTS now for the next few weeks. LOKI should 5x from here.

>> No.19302199

>>19302134
It won't be, corporations will use governmentcoin not a coin that is decentralized.

>> No.19302425

>>19300249
Bitcoin isn't for transactions nigger. It's for wealth storage. You convert it to monero if you want to move moneis around.

>> No.19302458

>>19302425
Why not use stable coins for that since bitcoin is so volatile?

>> No.19302581

>>19300249
Literally what run attempt? Bitcoin does whatever the fuck it wants.. And ifnit wants to go up, nobody can stop it.

>> No.19302770

>>19302458
I have no idea. BTC is treated as gold instead of a currency. If you want widescale adoption of crypto it needs to be largely worthless since it's basically digital money. But for that to happen the digital printer needs to hog all the CPU power and then we're right back where we started aren't we?

>> No.19302985

>>19300300
Kek. You know why they print tethers? To have enough liquidity for when people sell bitcoin.

>> No.19303050

how many times do i have to tell you dumb faggots that TA is fucking nonsense. Law of market efficiency and information integration literally makes what you fucking retards waste time doing and watching on youtube akin to smearing feces on the wall. any time it 'worked' is mere coincidence. it maybe can work if you're looked at like a $10k mkt cap coin with 10 wallets. thats it

>> No.19303089

Btc and most cryptos has no compelling use case. A buddy of mine that works in the banking system says the government is working on cracking down hard at crypto in the coming year. I live in the EU.

>> No.19303104

>>19302425
it cannot work good as a store of value tho. THe best stores of value has to be physcial things by definition. Good stores of value still need usecases, bitcoin has none. Gold is being used as jewlery, in electronics, medcal stuff, rocketships etc. A store of value that people use simply to store value and nothing else, will not work ong term u idiot.

>> No.19303144

>>19303104
Yes it will. Source: suck my dick faggot

>> No.19303230
File: 54 KB, 610x343, maxpayne636-610.jpg [View same] [iqdb] [saucenao] [google]
19303230

>>19303104

>> No.19303279

>>19303050
Retard

>> No.19303303

>>19302134
>coins that serve a purpose like Link, Eth, Cardano, Tezos
none of these do anything of any value despite being in development for years

>> No.19303363

>>19303279
compelling retort, enjoy getting absolutely REKT from your faggy useless strategy