Archived threads in /biz/ - Business & Finance - 245. page

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https://cointelegraph.com/news/breaking-all-chinese-bitcoin-exchanges-must-close-by-september-30

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I've been trading on and off since May and have lost $5500 despite bitcoin more than doubling overall. Is there anyone more shit at this than me?

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>website
jadecoinofficial.org
>twitter
@jadecoins

Token sale has been locked in. It starts at 4 PM CST today. 5 million tokens will be sold at $.01 each, which is half of the total supply of the tokens.
https://discord.gg/ZE4WrA

https://etherdelta.com/#JADE-ETH
remember the devs are the only ones selling at the price of $.01 at 5 million tokens. the other sell orders are memers

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I'm holding my coins with the grip of gods. The only time I will sell is when I have enough to quit my job.

Who else holding strong?

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There are literal shills and useful idiots en masse arguing on reddit that crypto needs regulation and to make a deal with the established financial institutions.

I think this is the flux of normies everyone has predicted.

I think monero and currencies like it are the only goddamn hope.

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It is a highly fascinating experience to see the reactions here. It looks so much like the tulip hysteria! As if people never learn from history.
With tulips at least you had some pretty flowers.
What is the bottom line for bitcoin?

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Please, i need them

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holly sweet jeezus monkey peenis

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I feel like it's some sort of a ruse and I've fell for a meme. During the last few months I've tried multiple 'algo strategies' based on moving averages, trends, stochastics, bollinger bands and fibonacci retracements (usually combined in a smart way), even written my own bots.

Honestly it seems that all of the 'popular' strategies are luck-based at best, and this is because of one simple reason: it's much easier to detect an profitable exit point than to detect where trend will reverse without murdering your potential profits.

Having some sort of system in place which would control your losses/winnings usually ends up limiting your wins while not doing much to loses.

Honestly I was more successful trading 15m on my own and just stopping the trade wherever it when the wrong way, which is weird because most 'professionals' look down upon this timespan. Of course, the single profit was usually much smaller than when working on 1h-1d candles, but it was definitely easier to control and prevent losses leading to a higher success rate and actually coming out in the black.

So now I'm thinking about writing a 15m bot based on my personal findings, but something tells me I'm going to get owned because there must be something I'm not taking into account.

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https://www.cryptocoinsnews.com/chinese-bitcoin-exchange-viabtc-will-shutdown-amid-crackdown/

ITS HAPPENING

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Guys this is just FUD, the price is actually still at $5000.

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So you buy Amazon or not?
1000 SYS = 1 Lambo in 2018

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which coins are easy money, but BTC

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I ONLY HEARD ABOUT BITCOIN LAST MONTH AND I BOUGHT WHEN THE PRICE WAS $4600

I WOULDN'T HAVE DONE IT IF I DIDN'T CAME TO /biz/

THE BLOOD IS ON YOUR HANDS

FUCK YOU FUCK YOU FUCK YOU FUCK YOU FUCK YOU FUCK YOU FUCK YOU FUCK YOU FUCK YOU FUCK YOU FUCK YOU FUCK YOU FUCK YOU FUCK YOU FUCK YOU FUCK YOU FUCK YOU FUCK YOU FUCK YOU FUCK YOU FUCK YOU FUCK YOU FUCK YOU FUCK YOU FUCK YOU FUCK YOU FUCK YOU FUCK YOU FUCK YOU FUCK YOU FUCK YOU FUCK YOU FUCK YOU FUCK YOU FUCK YOU FUCK YOU FUCK YOU FUCK YOU FUCK YOU FUCK YOU FUCK YOU FUCK YOU FUCK YOU FUCK YOU FUCK YOU FUCK YOU FUCK YOU FUCK YOU FUCK YOU FUCK YOU FUCK YOU FUCK YOU FUCK YOU FUCK YOU FUCK YOU FUCK YOU FUCK YOU FUCK YOU FUCK YOU FUCK YOU FUCK YOU FUCK YOU FUCK YOU FUCK YOU FUCK YOU FUCK YOU FUCK YOU FUCK YOU FUCK YOU FUCK YOU FUCK YOU FUCK YOU FUCK YOU FUCK YOU FUCK YOU

AND FUCK YOU

YOU'RE ALL GOING TO PAY FOR THIS

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https://seekingalpha.com/news/3295650-chinese-framework-virtual-currencies?app=1&uprof=45&dr=1#email_link

>After cracking down on cryptocurrencies, China now wants a regulatory framework to support digital tokens.

Bitcoin crashed about 40% in two weeks after hitting 5k ATH.

For reference:
- bitcoin also crashed 40% after hitting 1.2k ATH in January
- bitcoin also crashed 40% after hitting 3k ATH in June

And we all know what happened after those January and June crashes.

Strap in for the next moon phase, buttercups.