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/biz/ - Business & Finance

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File: 94 KB, 594x524, Screen Shot 2017-07-09 at 11.49.56 AM.png [View same] [iqdb] [saucenao] [google]
2755657 No.2755657 [Reply] [Original]

fucking brutal

just brutal

how is crypto supposed attract more normies if shit like this is supposedly "normal"?

>> No.2755668
File: 180 KB, 1140x513, Screen Shot 2017-07-10 at 11.20.21 PM.png [View same] [iqdb] [saucenao] [google]
2755668

>>2755657

haha i accidently attached yesterday's screenshot...we'd kill for that right now lol

>> No.2755678

This isn't normal, but it wasn't unexpected

>> No.2755694

man look how good LTC is holding up

>> No.2755712
File: 637 KB, 300x167, playtime.gif [View same] [iqdb] [saucenao] [google]
2755712

>>2755657
>closed my eth short at 0.103

>> No.2755728

>>2755694

LTC is the best performing non shitcoin, I think its pretty much as low as its ever going to be. If i had more cash i'd dump more into it fml

>> No.2755731

>>2755657
We have officially dropped below $80 billion market cap gentleman. A one day drop of $15 billion. Nice knowing you all.

>> No.2755739

>>2755731
Just thinking about how many thousands, hundreds of thousands of people got fucked gives me a boner

>> No.2755742

>>2755731
Comfy desu

>> No.2755744

>>2755739
More than a German New Years eve celebration.

>> No.2755754

>>2755744
explain reference

>> No.2755771

Isn't this good? Any fresh meat that just invested will be turned off for the foreseeable future. You haven't lost anything until you sell. This is also a deterrent for any weak hands and potential new investors. It's just bought us all a few more years of accumulation until proper working products finally hit the market. We'll be fine as long as no one panics.

>> No.2755774

>>2755771
>as long as no one panics

a bit late for that don't you think?

>> No.2755780

>>2755771
If you're in shitcoins you have a 90%+ chance of never recovering, so you've already lost.
If you're in ETH you're probably 60-70% chance of never recovering and also being fucked.

Just because you've still got as many imaginary coins that nobody wants doesn't mean you haven't lost.

>> No.2755784

>>2755780
Why is ETH fucked?

>> No.2755790

>>2755784
Because it's a giant bubble and even Vitalik admits so

>> No.2755793

>>2755784
Fueled by hype and uneducated investors that have a high chance of just cashing out and driving it even lower

>> No.2755797

>>2755754
That cologne germany thing where the muslim migrants got drunk and raped all the german women on new years eve.

Actually a lot of it was just groping, there was like 200 reports of abuse but only 2 rapes. The women described it as "fingers in every orifice."

This was in december 2015.

>> No.2755811
File: 52 KB, 367x500, Muslim Marriage.jpg [View same] [iqdb] [saucenao] [google]
2755811

>>2755754

>> No.2755818

>>2755657
It's called a correction, it can either trend up or down or sideways. It's a market, these things happen. Normies should have did their research

>> No.2756005

>>2755780

>implying ETH isn't the shittest of the shitcoins

>> No.2756122

>>2755793
>>2755790
Seems like a lot of people want cheap ETH here :P.

Myself included really. So SELL SELL SELL CRAAAAAASH goys

>> No.2756246

>>2755694
It's a message. LTC is actually the test ground for the new Bitcoin improvements. This is not shilling, but everyone should buy Bitcoin once the massacre is over.