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/biz/ - Business & Finance


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3524446 No.3524446 [Reply] [Original]

GET ME OFF THIS ROLLER COASTER

>> No.3524448

>>3524446
Uh oh

>> No.3524449
File: 11 KB, 184x184, fe653c0eab00d0fa09fc4c0a385666e19f0477b1_full.jpg [View same] [iqdb] [saucenao] [google]
3524449

>> No.3524454

>believing fake news

>> No.3524455

sigh are people going to get manipulated by the MSM again

>> No.3524457

>>3524446
Guys you know how you always post "OMG ITS CRASHED, WHY DIDN'T I SELL?"

Well this is it. It's your sign to sell before the dip. Don't post a pink wojak.

>> No.3524460

>>3524446
I just got paid Friday and ready to drop another pay cheque desu

>> No.3524461

>>3524446
Good fuck china. When they are ready to overthrow their shity government and rejoin the rest of the world I'll be glad to see them come back.

>> No.3524471

>>3524457
I'd rather hold through a dip than get manipulated by a bunch of kikes with their fake news. eat shit

>> No.3524475

>>3524446
>implying chinks will sell and not just stored on a wallet
Just think if you were a chink and your corrupted communist gov is trying to ban something that has the potential to make you rich in the future would you sell it or store it ?

>> No.3524515

Can't trust wsj. Fake news.

>> No.3524523

>>3524446
How do you widen it more than shutting down all Chinese exchanges?

>> No.3524529

SELL MORONS FFS

>> No.3524531
File: 329 KB, 1338x1333, bitcoin investor.jpg [View same] [iqdb] [saucenao] [google]
3524531

The chinks have no power anymore, shits priced in. PBOC is out of ammo, we are going $6000, sorry nocoiners.

>> No.3524535

Same shit, it's priced in, nobody cares. They'll put regulations in place and the chinks will be back. Whatevs.

>> No.3524538

>>3524446
Wow WSJ really wants to keep accumulating

>> No.3524541

its going down for a reason. dont be so dense.

>> No.3524542

it is the same woman journalist that published the fud articles that made everyone dip. fukin chink

>> No.3524544

I want off Mr. Bitcoin's wild ride.

>> No.3524549

>>3524446
Probably localbitcoin etc. but feedback loops are severed so there shouldn't be much if any fallout from this

>> No.3524559
File: 132 KB, 1715x878, muh china.png [View same] [iqdb] [saucenao] [google]
3524559

>>3524541
>I sold, please sell too

>> No.3524561

HODLING 4 LYFE

>> No.3524569

>>3524446
jews at it again, fucking lying kikes

>> No.3524570

>>3524559
i sold $30 ago

>> No.3524573
File: 69 KB, 328x277, 1500154861417.png [View same] [iqdb] [saucenao] [google]
3524573

LET THE BODIES HIT FLOOR
LET THE BODIES HIT FLOOR

LET THE BODIES HIT FLOOR
LET THE BODIES HIT FLOOR

LET THE BODIES HIT FLOOOOOOOOOOOOOOOOOOOOOOR

>> No.3524578
File: 42 KB, 1555x311, YourFuture.png [View same] [iqdb] [saucenao] [google]
3524578

>>3524570
>he fell for ((mainstream media)) again
RIP my man

>> No.3524587

kek at this weak fud by the mainstream media

>> No.3524612

>>3524570
And the market is doing nothing. kek well done weak handed fag boy

>> No.3524622

>>3524587
You don't think it won't work? Poor child... when will you learn

>> No.3524625
File: 19 KB, 117x300, meme.gif [View same] [iqdb] [saucenao] [google]
3524625

>he sells during a bull run

>> No.3524667

>>3524622
It won't, this is nothing new and has been 100% priced in. Anybody who sold on this needs to buy back before it breaks through 4k and continues up.

>> No.3524678

>>3524667

This is new. Before we thought it was just exchanges that were closing temporarily.

>> No.3524690

>>3524625
because kikes and chinks told him to do so

>> No.3524706

Does anyone have any insight into this?
As in, why are China clamping down on crypto?
Is there a (((bigger))) picture?

>> No.3524709

>>3524678
>crypto is kill in chinkland until regulations are put in place

Simple. People are already understanding that it was all a massive overreaction anyway because the Chinese aren't as big a player in crypto as they thought.

>> No.3524714

>>3524446
Thanks, just sold 100k

>> No.3524722

>>3524706
they're communists

>> No.3524747
File: 150 KB, 990x1146, 1505415229627.jpg [View same] [iqdb] [saucenao] [google]
3524747

THE ABSOLUTE STATE OF /biz/

>> No.3524754
File: 24 KB, 300x366, IMG_6953.jpg [View same] [iqdb] [saucenao] [google]
3524754

>CHINA BANNING BITCOIN AGAIN

>THIS TIME IT'S REAL I SWEAR

>> No.3524761

Who gives a fuck about china. Stop dancing in their palms you fucking idiots.

>> No.3524796

>just hit 4k on bittrex
>eating through massive sell wall

HAHAHAHA fuck you dumb fudders

>> No.3524804

FYI China is not only targeting Crypto. They are limiting your ability to trade between fiat currencies in general.

>> No.3524831

This was always the move that made the most sense for China.

China is extremely protectionist concerning new technologies, almost all western websites are blocked in China, their market presence is given to government backed Chinese knock-offs instead. Banning western cryptocurrencies is a natural extension of that policy and if you doubt that China does not have the power to do that you don't know shit about China and how extensive their surveillance is. IF they'll ever have cryptocurrencies it'll be something that the party can manipulate/roll back at will.

China already has Alipay and other online payment solutions that are extremely commonly used, even beggars use them. That's like the convenience of a widely accepted bitcoin without the inconvenience of its volatility.

China is doing whatever it can to stop capital flight which is an extremely big issue for them, bitcoin's one of biggest selling points is that it enables this. It's directly at odds with CCP policy on this front.

Chinese investment markets are often extremely manipulated and are under direct CCP control, their entire housing market is a bubble that's currently being managed by the CCP, that's what their politicians and economists are used to, and the public does not have enough experience with managing their assets. The few times a panic happened in the Chinese stock market it sparked widespread dissent against CCP. Things like that are the biggest threat to CCP's existence, a housing market crash would probably wipe them out, and they know it. That's why they're trying to manage all capital within their borders.

I can see the Chinese state using crypto but they will NOT allow their citizens to access it.

>> No.3524845

Got the blockfolio btc @ 4k alert.
Here we goooooo!

>> No.3524853

>>3524446
>BTC moons to 4k

I am confused.

>> No.3524855
File: 5 KB, 236x190, pd.jpg [View same] [iqdb] [saucenao] [google]
3524855

>>3524761
LOW IQ
O
W

I
Q

>> No.3524859

>>3524853
Like we've all been saying this was priced in.

>> No.3524863
File: 82 KB, 305x407, 1338308783648.jpg [View same] [iqdb] [saucenao] [google]
3524863

Bitcoin has finally reached the stage of enlightenment. From now on, ANY news from China will cause it to moon.

>> No.3524866

>>3524706
The government wants to push down the price so they can get it cheaper.

>> No.3524891

>>3524446
Like I give a fuck

>> No.3524902
File: 289 KB, 1920x869, shhhonlyupnow.png [View same] [iqdb] [saucenao] [google]
3524902

>>3524570
It's over. Buy now or buy at an ATH.

>> No.3524913

>>3524866
>monopolise BTC
>no one can use it so everyone lose interest and price plummet
>monopolist dump to recoup loss
>BTC in circulation and mooning again
>repeat infinitely

>> No.3524958
File: 19 KB, 480x202, eda.jpg [View same] [iqdb] [saucenao] [google]
3524958

>>3524446
China btc volume less than 20%
Sell off dipped btc over 40% and it has returned to about -20% ath
All those who were going to sell in China have already sold

The dip was a gift
Good riddance to china

>> No.3524974
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3524974

>>3524958

>> No.3524975

I still don't get why you people are investing huge amounts of money here at cryptocurrency. it has no fundamentals, and the price is solely driven by the psychological sentiment of the world. I'd stick to stocks and fx thank you.

>> No.3524993

ROFL
Chinks own the most btc fuck are you talking about 20% maybe in alt coins

>> No.3525002

>>3524993
this. don't they have lots of mining dcs in there?

>> No.3525014
File: 21 KB, 341x202, download (1226).jpg [View same] [iqdb] [saucenao] [google]
3525014

SELL

>> No.3525015

>>3524975
You have no power here, jew.
The time of fiat is coming to an end, you are right to fear.

>> No.3525017

(((Wall Street journal)))

This is basically central banking and Keynesian economics propaganda

No different than Rachel Maddow

You're not going to get anything of value from this or any other main stream media besides getting a pulse on normie news

>> No.3525021

Hell yeah bro check the exchange volume for btc on chink exchanges this is going to be fun. All they do is mine bro

>> No.3525029

Goof fuck this ponzi chink miner scheme

>> No.3525033

>>3525014
>156 btc

Step up your FUD, niggerjew.

>> No.3525048

>bought £20k worth of bitcoin @ £4200 per coin

I HURT MYSELF TODAY

>> No.3525053
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3525053

>>3524993
listen to me very carefully.

you're a fucking idiot, i know that's gonna be hard for you to understand or even comprehend why that's so, but take my word for it. you're a complete doughnut.

>> No.3525067

>>3525029
ur mum a ponzi scheme
everyone get a turn only if they find another guy to fuck her too

>> No.3525080

>>3524859
By priced in you mean essentially burned coins being priced in? What confuses me the most is this spectacle of combat over a shrinking pot of coins that will have to unwind when someone realizes they can cash out for more of something else.

>> No.3525100

>>3525080
I mean everybody already knew that China was cracking down on crypto in order to regulate it, and the price reflected that. A slight variation on the same news was never going to cause another sell off. People who dumped are retarded.

>> No.3525272

>>3524446
Wouldn't this just make Monero (XMR) sky-rocket?

>> No.3525286

>>3524570
LOLOLOLOLOL

Fucking pussy

>> No.3525359

>>3525272
That and Verge, DeepOnion kind of coins.

>> No.3525360
File: 378 KB, 765x839, ChinaCucked.png [View same] [iqdb] [saucenao] [google]
3525360

>>3524570
ahahoooly fuck aahahAAAAAAAAAAA AA A A AAAAAAAAAAAAAaahajaajaAJiAEaeaeadoooowowowowAHAHAH

>> No.3525385

>>3524446
Good news most chinese holders fucking sold most of their bag up to around 2800-3300 during the the Third Impact.

The crash is over now, no matter how they shill their panic we all know JOPMorgan brought many BTC as well as other institutional investors.

This shit is over. Up to 5k before December guys.

>> No.3525411

>>3525385
Only thing I hate is I only had 150 spare euro's for that 2800 dip.

>> No.3525426

Wtf all my coins are being pumped?

Waves is starting a pump.

>> No.3525462
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3525462

>>3524446
AS IF I GIVE A FUCK

IM GOING DOWN WITH THIS BABY

CAPTAIN NEVER LEAVES

>> No.3525482

>>3524523
With full internet control you can do anything.

>> No.3525541

>>3524531
this is bullshit

BTC/CNY is still a competitive pairing
there is room to fall for sure

>> No.3525631

>bitcoin starts to recover
>WSJ releases yet another FUD article reiterating on shit we've known for weeks

Hmmm... could it be the jews?

>> No.3525667

>>3525631
Duh, it's always jews.
They are literally the guys that invented the concept of the scapegoat, no joke.

That doesn't mean you shouldn't hate the chinks though, next time they get Nankinged you should cheer.

>> No.3525677

>>3525667
Oh, Nanking is a lie, much like the holocaust, by the way.

>> No.3525691

>>3525667
I can't wait for the 30th of sep. Those faggot chinks have no self control, and should stay the absolute fuck away from any kind of market.

>> No.3525712
File: 1.98 MB, 500x341, tumblr_n7c534b6gh1shbc9ho1_500.gif [View same] [iqdb] [saucenao] [google]
3525712

no effect, positive effect if any, traders have are already become immune to china ban news

>> No.3525885
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3525885

>>3525411
I only had 60€

>> No.3525923
File: 1.51 MB, 1946x3456, biz.jpg [View same] [iqdb] [saucenao] [google]
3525923

http://www.strawpoll.me/13956881

>> No.3525989

why does china want to ban btc?

>> No.3525990

>>3525923
That's cyberpunk as fuck chummer

>> No.3526000

>>3524446
good, when shitty governments amazing tech I gain more faith in it.

>> No.3526004

>>3525989
They are panicking about BTC killing their fiat currency, like all others governments.

>> No.3526020

>>3526004
How can they stop this? BTC is hard to moderate since its a cryptocurrency right? Can they disguise these purchases or investments as Digital Goods?

>> No.3526024

>FAKE NEWS makes entry-level plebs sell
>price drops a bit
>smart /biz/ investors buy low
>price moons
>profit
Why are you people even complaining?

>> No.3526053

>>3526020
They can't.
They aren't panicking for nothing, you know.
I'm pretty sure bitcoins' birth was the opening of a pandora's box, for good or good.

>> No.3526118

>>3524455
I hope so. It's making me rich!

>> No.3526229

>>3524902
What is a bubble for 500 Alex?

It'll crash one day. But not today.

>> No.3526255

>>3526053
Imagine a currency were a inflation is actually a good thing, were you can have as many alternatives that coexist as one anyway. It's a future were EVERYONE can eventually become "rich" to a point were we start evolving past the need to currency all together. U-fucking-topia. Crypto is the endgame currency before the next step in our evolution.

>> No.3526275

>>3526255
Space credits?

>> No.3526283

>>3526275
Likely wont even be necessary at that point, Depends on how our technology progresses.

>> No.3526349

i'm going to be selling and buying 4100/4000 wall all day. time to load up on fud

>> No.3526457

Newfag here.

Is it worth buying bitcoin if I don't have all day to look at graphs?

>> No.3526490

>>3526457
You should have bought at the dip newfriend. Keep watching because there is another dip coming because the Chinks are gonna stop trading BTC completely on the 30th of this month. Buy everything you can when this happens...

>> No.3526512

>>3526490
Why not buy now, sell on 29th, and buy after the dip though?

>> No.3526948

>>3524446

https://news.bitcoin.com/after-the-boss-calls-bitcoin-a-fraud-jp-morgan-buys-the-dip/

>Selling your Bitcoin because of FUD
>giving jews free money
>actively refusing to become a millionaire


Buy every dip ever. It's free money

>> No.3527248

>>3525048
lol yea? watch this
>bought $28k of btc at 4197 on september 11

>> No.3527255

>>3527248
>>3525048

HODL

>> No.3527502

>>3525923
That looks cumfy as fuck desu.

Where @? I'd like to move there.

>> No.3527517

>>3527502
If only it wasn't shopped.

>> No.3527537

>>3526283
Maybe once we have medical tricorders and organic material replicators in every home. maybe

>> No.3527554

>>3527517
Of course, still nice tho

>> No.3527641

>>3524831
this

>> No.3527658
File: 25 KB, 353x460, 34534r.jpg [View same] [iqdb] [saucenao] [google]
3527658

AAAAAAAAAAAAAAAAAAAAAAAAAA

>> No.3527784

>>3527537
we're not as far off as you think for both those things.

>> No.3527933
File: 10 KB, 225x225, 14680600_1303434803001143_681292246128834188_n.jpg [View same] [iqdb] [saucenao] [google]
3527933

>>3526024
This x100

>> No.3528599

>>3525048
bought 30k btc at $600 in 2014
feelgudman

>> No.3528729

>>3524446

Commies are the most useful entity on this planet right now for the "free" world. They're gonna make us Republic and Democratic users rich af.

>> No.3528828

>>3524446
Why wouldn't China ban bitcoin and all crypto? What do they have to gain from it? It only threatens their capital controls. What use does China have from crypto? Explain

>> No.3528835

How the fuck is BTC heavier than ETH?
This bitcoin bubble will be the end of us all

>> No.3528874

>>3524706
They dislike money leaving the country. Big part of the reason the country grows so much is that the govt will do anything to keep the money in.

>> No.3528890

>>3524457
This, at least one smart person here.

>> No.3528912

>>3524531
Idiot. The chinks can still use NK and Jap exchanges, access to those will be banned soon, killing a huge portion of the market. Don't cope so much buddy, ok?

>> No.3528924

>>3524535
>They'll put regulations in place and the chinks will be back. Whatevs.

Cope. The regulations will just ban crypto. Tell me - WHY WOULD CHINKS NOT BAN CRYPTO?

They have lot to lose from Crypto gaining popularity and very little to gain from allowing it. Tell me again how crypto would be "good for China". God the delusion here is almost as palpable as reddit. What has /biz/ become.

>> No.3528960

>>3528924
governments banned alcohol and look at how widespread it is right now

lmaoing at your life, statist cuck

>> No.3529044

>>3528960
lol the difference is that it was literally impossible to trace alcohol back in the day as people just fermented fruits in their basement and you couldn't enter people's houses without a warrant

not comparable to bitcoin which requires access to the internet, has a money trail and is EASILY traceable without ANY requirement for warrants

god lolbertardians are so fucking stupid, stop bringing up this shit example to literally any ban ever when it's NOT at all the same thing

>> No.3529065

Can anyone give me a reason why China wouldn't ban:
1) Cryptocurrencies
2) Exchanges
3) Access to foreign exchanges
4) Access to VPNs that are used to avoid these bans?

Why would China ever allow a crypto that:
1) Stimulates capital outflow
2) Is a threat to RMB
3) Stimulates dark markets
4) Is uncontrollable?

Why do butters fantasize about China issuing licenses or anything like that for exchanges? That works in democracies, it does not work in China where they rule with an iron fist.

Do you really think they care about "freedom of the people" and all that liberal bullshit?

Why would they care about allowing your precious coins?

They already banned internet currencies in MMOs in 2009 and also have censored internet access heavily to support their gov agenda.

inb4 someone says "China will be missing out" or "left behind"

Missing out on what? Left behind on what?

Capital flight? Dark markets? Internet ponzis? Speculation? What will China lose?

Explain to me, I'm really dumb and can't understand.

>> No.3529085

>>3528960
You never told how buttcoins will be good for Chyna

>> No.3529093

>>3529044
the bottom line is that where there's demand there's supply and no law will ever change that. chinks will trade OTC, or buy from some other place. all the commie government is accomplishing is actually making bitcoin more scarce and thus more valuable

>> No.3529136

>>3529085
it makes money for the rich chinks and that's all that matters. nobody cares if it's good or bad for china

>> No.3529159

>>3529065
yeah these people are stupid, china has every reason to benefit from just confiscating all bitcoin mining factories/chinese exchanges and hoarding crypto for themselves instead of letting their citizens gain more power

"b-b-but they can tax it" again you stupid mother fuckers that can't think out of the box, can't think 2 steps ahead, they benefit MORE from just taking everything for themselves, they can use the factories they confiscated to mine it, and if they hoard it, they can price manipulate so that they get insanely richer than they already are

>> No.3529166

>>3529136
How does it make money for the rich Chinks? They won't be forbidding miners.

>> No.3529194

>>3529166
because they can use it to move money outside of their commie shithole. do you really think rich people just leave their money uninvested? no they use it to make more money and cryptocurrency helps them with that

>> No.3529231

>>3529093
no that's absolutely retarded, go back to econ 101

increased difficulty of obtaining said bitcoin will LOWER demand, thus lowering prices, it has nothing to do with supply because it hasn't changed holy shit

also do you really think that if all the sweatshop normie workers started finding loopholes to buy bitcoin that the CPC wouldn't see the MASSIVE amount of retards using chinese ips to connect through vpns and then just dumpster them all in one go? normies will be easily scared off of crypto if the cpc decides to make an example of crypto retards trying to bypass the law by jailing them, and chinese prisons are WAY worse than american prisons

the average normie in china is NOT going to risk throwing away their life over digital tulips lmao

>> No.3529242

>>3524446

(((WSJ)))

Yeah.. nah cunt.

>> No.3529266

>>3524544
The ride never ends

>> No.3529285

>>3529231
basically this. remember earlier this year when china unblocked exchanges and maga tards thought they we would see a dump? of course what happened is normies bought in to make cigarette money, here we have the opposite, it's straightforward as that. how much it actually matters in the bigger picture is negligible though

>> No.3529307

>>3529266
Double Dubs confirm

>> No.3529329

>>3524578
>striking it rich in bitcoin is no longer an option
whoooo boyyy

>> No.3529337

>>3524475
seriously I don't get why people assume there will be a flood of people trying to SELL their BTC for cny??? that makes no sense. People buy btc for a fucking reason.

>> No.3529349

>>3529093
>the bottom line is that where there's demand there's supply and no law will ever change that. chinks will trade OTC,

They won't trade OTC, because OTC trading will be banned soon. Follow the news pliz

>> No.3529374

>>3529349
lmao how can you ban OTC trading? what if I'm a chink and want to meet with a guy to buy a bitcoin through a flash drive or something, what's the gov gonna do about it? they'll never ever find out.

>> No.3529380
File: 323 KB, 3264x1044, Screen Shot 2017-09-18 at 12.42.32 PM.png [View same] [iqdb] [saucenao] [google]
3529380

>>3525272
and yet....

>> No.3529394

>3 days letter big giant headline states "CHINA SET IN NEW BITCOIN REGULATIONS"
>shit fucking drops
>/biz/ omg regulations r a gud thing y it be dropping!?
You fucking know the big giant headlines are made to spread FUD.

>> No.3529502

>>3524457
>>3528890
haha I hope you guys didn't ACTUALLY sell

>> No.3529586

I think china banning bitcoin validates holding BABA. The chicoms don't allow outside interference in their command economy, and won't allow a company vital to China's economy to fail.

>> No.3529855

will it go up ot down?

>> No.3529896

>>3529855
I mean. China sold already. I don't think you can sell twice.

>> No.3529918

>>3529374
They banned lcoalbitcoins lol

>> No.3529945
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3529945

>>3524974
>that filename
FUCK OFF, PAJEET

>> No.3529950

>>3524457
>he actually sold
lmao

>> No.3529970

>>3529896
>fukashima
>hiroshima
>nagasaki
that's exactly what they want you to think.

>> No.3529978

>>3529896
Wrong, China just migrated to Jap exchanges. True sell off will begin once those are banned (access to them)

>> No.3530073
File: 1.08 MB, 360x202, sscoh.gif [View same] [iqdb] [saucenao] [google]
3530073

>>3529978

>> No.3530746

>>3525885
It'll dip harder before the end of the year, trust

Have your shekels primed and ready

>> No.3531377

>>3525541
Cope. China has detached itself from the price.

>> No.3531417
File: 71 KB, 500x450, a9acbe7b509b583aec6ed6775d765271dcd7e0f7f734445dd02a10efb0afd88a.jpg [View same] [iqdb] [saucenao] [google]
3531417

This kills Bitcoin Cash, not Bitcoin. The mother eats the child.

>> No.3531523

>>3531417
What a perfect /biz/ meme, surprised it hasn't taken off.

How much can I save it for?

>> No.3531549

>>3525923
fake photo

still gomfy

>> No.3531621

>>3525923
>2017
>Living in a city

Why when you could have a rural compound? Especially if your "job" is being a lambo-driving moonman?

Also this is shooped, I can tell by the pixels and also having seen a few shoops in my time