[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 41 KB, 351x450, 12-01-24-Nervous-Guy.jpg [View same] [iqdb] [saucenao] [google]
6099547 No.6099547 [Reply] [Original]

HOW LOW WILL IT GO?

>> No.6099608

>>6099547
going down another 10%

>> No.6099615

Why is this crash happening? newb here trying to understand

>> No.6099650

>>6099615
Korean exchanges were taken out of CMC.
Thus it dropped and people bailing out panic selling. In fact the korean exchanges are just under maintenance tho.

>> No.6099652

>>6099615
coinmarketcap recently removed korean exchanges as a reference. korean exchanges are generally a lot higher than everything else so everything immediately went down a bit, people thought it was crashing so started to sell and triggered a real crash.

>> No.6099662

>>6099650
source?

>> No.6099708

>>6099662
seriously just google it, it's all over twitter, here, plebbit, and tons of other shitty news sites

>> No.6099737
File: 306 KB, 375x376, D598B759-B77B-48D7-9015-79E6FE884EF9.png [View same] [iqdb] [saucenao] [google]
6099737

>>6099652
Wow people are stupid

>> No.6099756

>>6099737
Surprise!!!!

>> No.6099928

>>6099737
They are, so very stupid. Use it to your advantage. It's still early so people waking up might sell more and bring it down more, but this will be the best point of entry in a while. Probably 7-8pm tonight we'll know.

>> No.6099936
File: 68 KB, 1259x815, download(4).png [View same] [iqdb] [saucenao] [google]
6099936

>>6099662
this is something you can easily figure out yourself by looking at the CMC page

the fact that this caused prices to drop is just proof of how stupid the average crypto investor is

>> No.6099987

>>6099547
>General
KILL YOURSELF REDDITOR

>> No.6100061

>>6099737
>>6099928

Keep in mind Coinbase is having withdrawal isssues and Binance was blocking new users. This panic sell is the first wave of normies feeling JUSTed because their friends cant buy their bags.

>> No.6100087

>>6099652
This market is pretty funny...

>> No.6100096

Why not just put your funds in ICX for now? Completely stable.

>> No.6100536

>>6099652
i underestimated normies once again.

>> No.6100598
File: 76 KB, 642x285, ball quote.png [View same] [iqdb] [saucenao] [google]
6100598

>> No.6100771

>>6100061
This is true. The valuation and growth of these shitcoins depends on an endless supply of greater fools. We need Bittrx and Binance to start allowing new users again.

>> No.6100832

>>6100598
I'm illiterate. Where is this from?