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/biz/ - Business & Finance


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3347423 No.3347423 [Reply] [Original]

HOLY SHIT SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL

https://yunbi.com/markets/ethcny

>> No.3347467

WE ARE DOOMED CONVERT TO FIAT QUICK

>> No.3347475

>>3347423
Don't know if this actually means anything, or not... monitoring.

>> No.3347483

>>3347475
arbitrage will bring the price down soon

>> No.3347484

deluded mETHeads on suicide watch

>> No.3347490

Why would we sell at the absolute lowest point?

Fucking Wojacks..

>> No.3347494

HODLing intensifies

>> No.3347498
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3347498

>> No.3347501

>>3347423
Nice, just sold 100k

>> No.3347512

>>3347483
Well I mean it's already trading @ $232 here

>> No.3347513
File: 796 KB, 511x694, bestever.png [View same] [iqdb] [saucenao] [google]
3347513

Its 278 on Binance.

Both BTC and ETH are dropping like rocks

Wait till Arbitrage kicks in

China about to make a buncha money off of Binance noobs

>> No.3347516
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3347516

>>3347423
cant wait to buy eth at 13$

>> No.3347519

ITS" GOING DOWWNWNNWNWNWNWNWNW

WE ARE DOOMEOMED

>> No.3347521

>>3347483
Its yunbi.

>> No.3347523

>>3347490
>Why would we sell at the absolute lowest point?
>absolute lowest point

HAHAHHAHAHHAHAHAHHAHAHAHA

You people are fucking delusional, the 'dip' has only just begun.

HAHAHHAHAHHAHAHAHHAHAHAHA

>> No.3347542

acquire ETH on Yunbi for $230

Sell on Binance for $278

Who else doing this?

>> No.3347552

>>3347523
>>3347519
>>3347513
Yeah I don't know what it is, but for some reason I'm disinclined to believe any of this right now. Sorry.

>> No.3347556

There is about 5% chance ETH dips to $150 tonight.

>> No.3347560
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3347560

>>3347542
good luck with that, eth is going to get hammered with transactions as ICOs refund people : )
you wont see your eth for days

>> No.3347561
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3347561

>>3347423

How nice of them to offer a sale before the tech has reason to get a high price and stay there or moon.

>> No.3347567

>>3347552
Believe what you want, but dips last longer than half a day, if you think we're bouncing back to where it was in a few hours you're retarded. BTC is going to drop to support in th 3000s and alt-coins with suffer alongside.

>> No.3347574
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3347574

>>3347561
this man invested in pepecoin.
yep, do what he tells you anon. what could possibly go wrong

>> No.3347588

>>3347423
>https://yunbi.com/markets/ethcny
Bear season is open boys. We've been telling you for weeks and you haven't been listening.

>> No.3347590

>>3347542
Knowing yunbi your ETH should reach binance sometime Friday.

>> No.3347603

>>3347542
it's $310 on coinbase wtf , will this actually work to buy cheap sell for more on a different exchange?

>> No.3347606
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3347606

My screen doesn't show any red because I've protected myself by loading up on NGR

>> No.3347614

>>3347567
The bottom line is: I don't you know the future. As much as you, and so many others here like act, nobody knows what the future will bring. I never said it was bouncing back to where it was, I'm simply questioning what's being sold here.

>>3347556
I like this a little better. Speaking in terms of probabilities is far closer to the truth I think.

>> No.3347624
File: 143 KB, 500x524, 1504564275106.png [View same] [iqdb] [saucenao] [google]
3347624

>falling on Binance as well
>falling on Kraken and on Polo
holy fuck
I'm getting a hardon right now

>> No.3347631

ALLL CHINESE MARKETS ARE TRADING ETH 20+ DOLLARS LOWER THAN WESTERN MARKETS

SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL

https://www.chbtc.com/eth
https://www.yuanbao.com/trade/eth2cny
https://www.viabtc.com/quot/realtime?currency=cny&dest=eth

>> No.3347633

>>3347614
>The bottom line is: I don't you know the future. As much as you, and so many others here like act, nobody knows what the future will bring. I never said it was bouncing back to where it was, I'm simply questioning what's being sold here.

Of course, but anyone can see a clear trend. Buying in now would be like buying in on subprime mortgage bonds a couple hours after the start of the GFC.

>> No.3347638

ETH price on Binance is tumbling.

Under 275 now

It will be 270 in 5-10 minutes

>> No.3347652
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3347652

It's over johnny

>> No.3347659

Binance ETH/USDT: 270.22

Took less than 5 minutes

>> No.3347674

>>3347652
>not even half of a btc
>its over

>> No.3347677

>>3347603

If you can get fiat onto Exchange A

Theoretically, yes, you can do this.

Your results may vary though

>> No.3347687

>>3347633
Yeah well, I'm not buying. I'm just not SELL SELL SELLing.

>> No.3347694

>>3347513
>shes a lifetime bagholder

>> No.3347704

>>3347659
It's $232 on Kraken, and it's been there for hours, so I don't really know what that means that it's $270 on Binance. It would seem to suggest (although I don't know) that china is still catching up, and not the other way around

>> No.3347738

>>3347704

ETH/USDT has lost 10% in 3 hours on Binance

>> No.3347786

>>3347738
it takes at least half an hour (transfer) for arbitrage to kick in.
chinks are smart capitalist beasts, however.
it's definitely falling.

>> No.3347811

ETH on suicide watch
A hi hhhhhhbbbhbhhbbb

>> No.3347830

>>3347786
so in an hour it will transfer over to usa prices? thats when the drop will be for us?

>> No.3347845
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3347845

Be smart. Take up shorting positions this is going to be the crash that kills crypto. Shorting is a way to profit from its death. R.I.P. crypto, it was good while it lasted.

>> No.3347851

229 Ahhhhhhhhhhhhhhhhhhh

>> No.3347880

Oh I guess I was wrong about the Kraken price, it's actually $300 heheh.. ok I'm slightly more concerned now, but I'm still not convinced this means much.

>> No.3347901

is it normal for crypto to sell for a lot less in China?

>> No.3347909

>>3347830
in theory that depends on the volume and the supply demand

in practice, panic sells are highly contagious

It already ate a lot of buy depth in binance

>> No.3347910

>>3347901
No

>> No.3347981

>be me
>deposit 2.5 eth on yunbi
>its been 3 months
Slowest fucking support ever

>> No.3347983

>>3347423
you can see from the chart eth wasnt trading at all for a whole day, who knows what's going on there. Okcoin has eth at 290 and btcc at 260

>> No.3347984
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3347984

>>3347423

this me right now

>> No.3347985

>>3347845
See this thread has been up almost an hour, and there still is no real change on my exchange. So what gives? Is this some kind of trickery? I mean like, if you can just go to a chinese exchange website and effectively predict what's going to happen here in a hour, wouldn't we all be rich? That seems like it would be the ultimate advantage, don't you think. Or maybe this doesn't actually mean what people are claiming it means around here.

>> No.3348063

>>3347985
some trends are uncertain

but it's pretty clear this situation can only be kept at expense of stupid and uninformed buyers and tends to normalize

>> No.3348066

Yeah, see? No response. The moral here is: newcomers beware. Very few people here are actually your friend. I may be shining a light on the truth now, but in another thread I might be trying to misdirect you and take your money. So, the game is afoot.

>> No.3348081

Who gives a fuck about what China does with ETH? Their volume in ETH trading is so tiny, it's borderline insignificant.
Look at Korea, still trading $290. Arbitrage between china exchanges and western exchanges will barely affect the price.

>> No.3348091

>>3347985
Delay.
Look here:
https://bitcoinwisdom.com/markets/bitfinex/btcusd
Pretty clear downward trend, BTC is nearly below 4k.

>> No.3348111

>>3348063
uh-huh ok. I'm not saying everyone is unscrupulous. The majority are simply mislead themselves, and repeating the dogma. But they don't know what the fuck is really going on.

>> No.3348114

>>3348066
>Can't wait even 5 minutes for a response on a slowish board like biz before sperging

You don't have the patience for cypto.

>> No.3348126

new sell walls appeared on binance
fuck, I'm making accounts there
I could have been that guy

>> No.3348151

>>3347423
is the graph not loading on this site for anyone?
the websocket data responsible for loading the graph isn't connecting
i think that means Chinese are hitting the site so hard right now with legitimate traffic that they're accidentally DDOSing it

>> No.3348194

>>3348091
The point of this thread is ETH, so I'm not sure what you're signifying there.

>> No.3348222

yunbi is a massive scam, good luck getting coin out

>> No.3348225

>>3348194
Fair point. Same goes for ETH though, you can check the charts yourself.

>> No.3348226

>>3348151
answer me

>> No.3348252

LOL

ETH/USDT Binance: $255

I TOLD YOU BUT YOU DIDN'T BELIEVE ME

>> No.3348255

whens the best price to buy in ether? we going sub 200?

>> No.3348267

>>3348255
Dont buy in until it's clear we're on an upward trend again.

Better to miss the bottom and buy in 10% up from it than buy at some arbitrary amount some idiot on biz tells you and proceed to drop another 30%

>> No.3348270

>>3348225
Yeah, you know I tried that, but I couldn't actually find eth charts for bitfinex, strangely enough.

>> No.3348272
File: 27 KB, 2172x74, Screen Shot 2017-09-04 at 9.44.06 PM.png [View same] [iqdb] [saucenao] [google]
3348272

Guys......look at this picture...120 !!

No joke I sold at a loss and started shorting after seeing pic related and other markets selling eth at 240 ish. I dont see how this isnt going down. Comfy short.

>> No.3348282

>>3347513

>China about to make a buncha money off of Binance noobs


It's happening now

>> No.3348285

>>3348270
solid advice. Why is everything dropping thought. china didnt ban bitcoin or eth only icos.

>> No.3348290

>>3348270
Coinwisdom doesn't have it for some reason.

https://cryptowat.ch/bitfinex/ethusd/6h

Not as good a tool but still a clear downward trend.

>> No.3348318

>>3348285
https://en.wikipedia.org/wiki/Panic_selling

people are not rational

sell before it's triggered

might happen, might not
but if it happens, prepare your diapers

>> No.3348323

>>3347624
this pic lol

>> No.3348356

ETH is $242 on Binance

You were warned an hour ago that this would happen.

I hope you put up some short orders

>> No.3348398

>>3348290
I'll give you that it's dropping. A little. I'm still not all that concerned.

>> No.3348433

I trust binance

>> No.3348470

On Binance, there are only 80ETH buy orders between 240 and 188

lol

This could get UGLY

>> No.3348505

>>3348470
ETH just dipped to $225 on Gemini.

It's likely going sub $80 again before tomorrow morning.

>> No.3348519

Right, how do I short on bittrex

>> No.3348539
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3348539

How come selling on blockfolio doesn't automatically credit you for the amount of ETH/BTC you sold the altcoin for? This is annoying.

>> No.3348540

this is so messed up

screams fraud all over

Vitalik needs to be jailed. He's the devil incarnated.

>> No.3348547
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3348547

fuck I tried to sell my eths to kraken to sell higher
30 confirmations required
still waiting
FUCK THIS NIGGERS

>> No.3348595

>>3347542
>>3347560
>>3347590
>>3347603
hes lying. etherium network is clogged as fuck it will take a day to do this.


meanwhile i have 1500 dollars locked in at 370 when i bought in at 360 yesterday. im kinda fucking pissed. but i have 255 left in fiat to buy a coin if it drops that low.

all my sales are locked. i cant trade shit. and probably have to wait a week before eth back to 380 and neo back to .007 sats.

>> No.3348615

This was all a plot to make us all angry enough to kill Chinese with Relish in WW3.

>> No.3348628

>>3348470
You sure got a lot to say about it don't ya? One of most vocal people in this thread.

>> No.3348703

>>3348595
>eth back to 380 in a week
loool
look at the previous falls
several weeks

>> No.3348733

>>3348703
what about neo?

previous history suggests that it can pump back up to 0.01 in an hour.

>> No.3348745

How the fuck is it that much lower there compared to here in the us

>> No.3348771

>>3348745
theyre money is better than us

>> No.3348806

>>3348771
So don't short all the way down to $230

>> No.3348883

For the newfags: What's happening on /biz/ 24/7, is that people are trying to scare you into making a bad decision; one that will cause you to lose money, which they are poised to take. There are two different kinds of fear, for different situations: FUD and FOMO. Both of these are simply tools used by unscrupulous people (such as those in this thread, and also myself) to manipulate you. So, once again: beware what anyone says, especially those who seem really adamant and/or confident about what they are saying. The advice to 'do the opposite of what /biz/ says' may actually get you better returns than say randomly picking.

>> No.3348944

>>3348883
people also post genuine advice you just have to weigh what people say with the realities of things and judge for yourself instead of getting caught up in emotion

>> No.3348974

>>3348944
There are a few here and there :)

The majority are either confused, or actually malicious.

>> No.3348981

>>3348883
as a newfag FOMO is my biggest threat, FUD only empties my wallet on future winners.

>> No.3349013

>>3348981
Exactly. So the whales, or sharks maybe can come along and scoop it up.

>> No.3349080

why dont ppl just buy from chinese market and sell on a exchange where its like 10% higher?

>> No.3349235

>>3347513
>https://yunbi.com/markets/ethcny
explain arbitrage please.

What happens when that kicks in?

>> No.3349253

>>3347423
crypto without chinks is a good thing you should all be glad

>> No.3349258

ETH just crashed to $155

>> No.3349277

>>3349258
Good. Fuck ETH. Stupid bullshit. Sell that shit.