why is it tanking

[Anonymous No.5069968]

it's gonna recover right

[Anonymous No.5070018]

in a month or two when you loose all your hope and everyone on this board will call it shitcoin
it happens every time

[Anonymous No.5070387]

It's over bois

[Anonymous No.5070421]

>>5069968
It's a fucking correction. It's like you've never seen BTC act like this

[Anonymous No.5070427]

>>5069968
There’s no reason for it’s recovery.

[Anonymous No.5070429]

Might resurrect in 2 years

[Anonymous No.5070449]

Nope it done the maker destroyed it by saying it will go to $4. he should be sued
someones probably hunting him now

[Anonymous No.5070514]

can you imagine the CEO of Apple saying ok everyone calm down our stock is going up fast i think it going down to $1.???????
so tell me why this cunt said that someone going to put a hit out on him

[Anonymous No.5070532]

It will recover around xmas when tech-savvy normies show their clueless aunts uncles and cousins coinbase

HODL, this shit hasn't even begun. Ignore the shills

[Anonymous No.5070560]

>>5070449
>>5070514
Yeah what the fuck was that guys problem.
Like...your own product man...

[Anonymous No.5070587]

It has been floating around $280 for hours. Starting to ebony me.

[Anonymous No.5070609]

pump and dump is the name of the game the last 2 months.

[Anonymous No.5070642]

>>5069968
Why is it tanking?

Maybe the better question is, why did it rise 200% over the course of less than a week with no change in its underlying fundamentals?

>inb4 totally untestable and unfalsifiable "normie" theories, which are not fundamentals.

[Anonymous No.5070660]

>>5070421
> A correction

A correction correcting what? Its hype/use?
All this market is full of shit, once the hype goes, the coin value goes, stop talking about corrections for fucks sake

[Anonymous No.5070682]

I knew I should have sold when it hit $450

[Anonymous No.5070707]

>$270
>was $100 a fucking week ago
>tanking
fucking clueless newfags lmao

[Anonymous No.5070719]

Always do the opposite of what /biz/ says

[Anonymous No.5070735]

>>5070560
Its was his Tweet that stoped the run i believe we be at $600. right now
if he shut his fucken mouth

[Anonymous No.5070741]

>>5069968
IT'S DUNZO

F

[Anonymous No.5070750]

[Anonymous No.5070773]

>>5070660
Thank you.

We are in a casino, where the games have no rules but many best pay off, and half the people here don't realize it, and don't understand that there is no basis upon which any of this is happening at all.

>BUT MUH STOCK MARKET IS STUPID TOOOOO
It is, but not nearly as stupid as crypto.

[Anonymous No.5070781]

JUST;.

[Anonymous No.5070790]

>>5070750
bought at 390

[Anonymous No.5070793]

Not till bitcoin pumps, holy fuck the newfag normies

[Anonymous No.5070894]

>>5070642
>give me an answer
>no not the right one becaue it hurts my feelings wahhh

Kys

[Anonymous No.5070897]

>>5070790

[Anonymous No.5070939]

Zoom out to a one week chart you fucking retards

[Anonymous No.5071012]

>>5070790
classic /biz/

[Anonymous No.5071270]

>>5070939
This. It will continue to deflate every day. There is a steady downward trend.

You can only make money with it now by making smart day trades.

[Anonymous No.5071300]

>>5070642
Actually, normies sounds about right given the spread between other exchanges and gdax/Coinbase. Huge FOMO influx from the futures run up, followed by buying in of LTC when everyone sees they can actually own one whole Litecoin as opposed to the sliver of Bitcoin they can afford.

[Anonymous No.5071365]

>>5071300
Yeah but this FOMO doesn't make ancient whales any less influential.

[Anonymous No.5071442]

bought at 350 because I'm dumb. Should I just cut my loss now and switch to something else or wait?

[Anonymous No.5071892]

>>5071442
buy high sell low

[Anonymous No.5071896]

>>5071442
Yes, buy high, sell low, and certainly don't switch to btc as the ratio tanks otherwise you'd make money

[Anonymous No.5072096]

>>5071300
Sure, it SOUNDS right. But nobody knows!

A better theory is whale pump, followed by FOMO from a fairly even mixture of normies and /biz/lets and whoever else.

Do people honestly think that a mass of normies just spontaneously and simultaneously, without any coordination, started buying this last Friday morning?

Everyone focuses so hard on what they think the normies are doing with the Coinbase coins, and not nearly enough on what whales are doing.

I'm gonna say that the spark was coordinated pump, and the bleed-out right now is everybody gradually leaving to chase the next coordinated pump.

[Anonymous No.5072284]

LTC is one of the only coins in the red right now in the top 100. so expect it to pump back over $325 tomorrow morning at least.

It will get another pump

[Anonymous No.5072318]

>>5072096
I'm starting to think this whole market is just one calculated manipulation of whale-groups and we're just pawns in their game.

[Anonymous No.5072393]

>>5072318
aka "the planet Earth"

[Anonymous No.5072421]

>>5072318
short term market play is a zero sum game. One guy only gains if another guy looses. So yes, we're all manipulating each other to some extent to rob the other person of their money. This is less true with long term holdings.

[Anonymous No.5072451]

>>5072318
Now you're starting to get it.

Keep going down that road.

This whole thing is a complete illusion. The same illusion as any financial market, but without the benefit of being established and matured, and full of even more massive, unchecked, in-plain-sight corruption than the established markets.

You can make money, you can make lots of money, but this iteration of this market WILL fall, and Crypto Market 2.0 will rise from the ashes.

Only naive, inexperienced people and deluded fantasists are unable to see this whole thing for what it is.

[Anonymous No.5072834]

>>5069968
i feel like the normie excitement over litecoin died down now

no more pumping

[Anonymous No.5072921]

>>5072451
I'm suddenly pretty depressed now, but also really want my lambo.

[Anonymous No.5073268]

>>5072834
>i feel like the normie excitement over litecoin died down now
ha, wait till they get disappointed with losses and dump it for good at the same speed they were buying