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/biz/ - Business & Finance


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4763427 No.4763427 [Reply] [Original]

Tell me why BTC wouldn't be going down to 6-7k in the next few days?

>> No.4763528
File: 9 KB, 241x209, wojak.jpg [View same] [iqdb] [saucenao] [google]
4763528

>>4763427
I can't

>> No.4763573

>>4763427
uh, dunno, mostly because it's in the international news daily and normies can't help but FOMO into it
>also the investment banks are getting into it with options and futures
>literally going gold mode

>> No.4763586

tell that to tether.

>> No.4763608 [DELETED] 

>>4763573
you really think this piece of shit wont correct eventually?

>> No.4763629

>>4763608
Honestly with all the big names (McAffee for example) touting that it will see 100k+ or even a million I can hardly believe it will really crash anytime before 50k

>> No.4763637

>>4763427
all it takes is three words from one specific man.
BITCOIN IS DONE
t. trump

>> No.4763643

>>4763427
Bloomberg tether fud coming tommorow. I expect it will happen sooner than you expect.

>> No.4763647

The last "crash" was pathetic, we need a big one. Why won't it correct? Goddammit.

>> No.4763652
File: 40 KB, 833x367, zqhnheqmic101.png [View same] [iqdb] [saucenao] [google]
4763652

so when's the ny times article coming out on tether

>> No.4763659

>>4763573
Remember what happened when people started buying gold derivatives?

The price of real gold sank because it was much easier to try to profit on the upwards or downwards trend on gold when you didn't have to buy it and could just buy cash settled pegs/futures/shorts/longs.

>> No.4763675

Because its going up
Are you blind or something? Holy shit retard

>> No.4763690

Needs more time - the last 20% correction lasted for what? 3 days? We need BTC to double day to day before the really huge correction comes.

But it will come and it will be beautiful. All that salt...

>> No.4763693

>>4763643
source? This might nuke bitfinex and binance into oblivion as a whole

>> No.4763777
File: 20 KB, 306x306, 1507253607051.jpg [View same] [iqdb] [saucenao] [google]
4763777

>>4763693
so what would happen to tether price? go down or what?

>> No.4763798

>>4763777
>bloomberg tells normies that tether is worthless fake-dollars used to scam cryptofags
>tether price drops to 0
>bitfinex now holds 0 instead of 100M's
>this kills the exchange

>> No.4763809
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4763809

>>4763798

>> No.4763819

>>4763809
>he believes tether is actually backed by real FIAT
heh.

>> No.4763820

>>4763798
people rush out of tether into other cryptos and moon them u brainlet

>> No.4763886

>>4763693
I caught it on crypto twitter. Some generally trustworthy guys are putting it out there. Just type Bloomberg tether into Twitter and take a look.

All my btc is in dash now, since the two have been seemingly inversely correlated for a bit. Could be bs, but Bloomberg did just put out that BCC bulshit.

>> No.4763921
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4763921

>>4763798
Well actually bitfinex doesn't even hold tether. Yes, not even their own users tether, they sell them on other exchanges and their own users pay with imaginary credited bitfinex tethers.

Yes, imaginary imaginary USD IOUs. I know, It's hilarious.

Essentially, this means the total circulating supply of tether is what we thought it was, plus the entire amount that people "have" on bitfinex. Look at the picture. 1.8m. Lmao.

>> No.4763925

>>4763886
the tether fud has been ongoing since its creation.

you have to wonder why it still exists and nothing happened

>> No.4763935
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4763935

Oh shit wrong pic
Here.

>> No.4763987

>>4763659
Gold had already been around for thousands of years. Bitcoin is still finding its' true value.

>> No.4763999

>>4763637
If trump's words mattered we would already been in a nuclear war wit NK.

>> No.4764004

>>4763608
But it did.
It was long overdue to crash and it only fell to 9k before shooting up to 11k again.
For it to fall below 9k we need some huge negative news.

>> No.4764008

>tfw still holding tether
Anxiouspepe.jpg

>> No.4764031
File: 42 KB, 478x606, 1512282282623.jpg [View same] [iqdb] [saucenao] [google]
4764031

>>4763935
OY VEY

I need them bitcoins people

>> No.4764044

>>4764031
not cool bro. kys

>> No.4764108

>>4763427
Because BTC demand is going up.

>> No.4764709

>>4764044
cool af acktually

>> No.4764725
File: 66 KB, 607x608, 1512332416731.jpg [View same] [iqdb] [saucenao] [google]
4764725

Tell me this: would you sell me your bitcoins at 6000$/coin?
That's what I thought

>> No.4764891

>>4763427
Because bitcoin only goes up not down

>> No.4765334

>>4764891
well, i just cashed out and im buying back in when you have lost half of your money

>> No.4765367

>>4764725
Your argument does not apply. Why would I sell it to you when I can sell it for almost double to another fool on an exchange?

>> No.4766065

>>4763427
Previous spikes the drop has come after price has doubled over a period of less than 2 weeks. We are not quite there yet, price doubled over past four weeks. I think the coming weeks will bring a spike up to 20,000 at least and then the crash. Spike could go even higher. But good luck timing the top if your not monitoring 24/7.

>> No.4766366

I really want it to, and maybe one day it will but here is why that if it doesn't drop in the next 3-4 days it may never drop for a long while.

>CME
>It has been ridiculously stable in the 10k range wether or not it breaks or drops from 11k
>Tether printing

--- On the other hand

>Post CME whales could dump normies after a week
>This is most volatile market and most volatile crypto
>Tether scam gets exposed

>> No.4766828

tether has to die, either now or later when it will be very painful

>for you

>> No.4766852

HIGH DEMAND. Still hard/difficult for Normies to buy. Your limited with credit cards and banks flag/make it difficult for big deposits.

>> No.4766856

>>4765334
>money
Do you mean like, fiat? Why the hell would anyone want that garbage? That's why I have a 9-5 job anon.

>> No.4766861

Fucksake CRASH DAMN YOU!! CRASH CRASH CRASH CRASH CRASH CRASH CRASH CRASH CRASH CRASH CRASH CRASH CRASH CRASH CRASH CRASH CRASH CRASH CRASH CRASH CRASH CRASH CRASH CRASH CRASH CRASH CRASH CRASH CRASH CRASH CRASH CRASH CRASH CRASH CRASH CRASH CRASH CRASH CRASH CRASH CRASH CRASH CRASH CRASH CRASH CRASH CRASH CRASH CRASH CRASH CRASH CRASH CRASH CRASH CRASH CRASH CRASH CRASH CRASH CRASH CRASH CRASH CRASH CRASH CRASH CRASH

>> No.4766877

>>4766366
>>Tether scam gets exposed
I'm fucking counting on it. The moment it dips BTC I'm putting in so much fiat my bank is going to call me crying tears of rage.

>> No.4766939
File: 539 KB, 1024x554, DQmQ9Rgptqb8JCcKVKkrKLh8xRbim6EzfiTFnCJcmMHMUCY_1680x8400.png [View same] [iqdb] [saucenao] [google]
4766939

>>4763427
Daily news + normies FOMO.

>> No.4767051

This:

https://www.rt.com/document/5a251f97fc7e935f068b4567/amp/411869-us-cryptocurrency-ownership-rules

>> No.4767096

>>4766861
>>4766877
It's not going to crash. You know why? There's millions of people that feel the same as you. Any dip gets immediately bought up by a hoard of hungry people preventing any major crashes.

>> No.4767102

>>4763675
Underrated post. It isn't going down.

>> No.4767103

Just accept that it will never dip below $10k again and move on. $15k before 2018 or I will post my keys to /biz

>> No.4767118
File: 19 KB, 320x400, 21909549_146144035988163_8597972060653748224_n.jpg [View same] [iqdb] [saucenao] [google]
4767118

>>4763427
bcuz clearly this time is different

>> No.4767133
File: 6 KB, 200x200, tether.png [View same] [iqdb] [saucenao] [google]
4767133

>>4763427
*blocks your path*

>> No.4767149

>>4763987
down we go

>> No.4767216

>>4767103
This.

>> No.4767404

[D.VA pump & signal]
https://telegram.me/dvapump
This is our profit table. Let's meet on telegram.
XMR +25%
BCH 1st +10%, 2nd +10%, 3rd +15%
KYC +8%
ARK +15%
NEO -8%
OMG +20%
DASH +166%
ZEC +12%
Wavers +45%
EMC2 +30% ('17.12.01)
TIX +48% ('17.12.02)
REP +35%('17.12.03)
https://telegram.me/dvapump

>> No.4767540

>>4763427
because it obviously is (therefore it wont)