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Archived threads in /biz/ - Business & Finance - 2575. page

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When bitcoin dips, the next dip is usually higher than the last one. I'm an idiot and didn't buy in the July $1800 dip. What do you think the next dip will be? If it even goes below $3200..
22 posts and 7 images submitted.
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>>2968575

>dip
>bitcoin

choose one
>>
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this chart is more comfy to look at..
>>
>>2968575
NOVEMBER

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Hi /biz/

I already told you about the past 3 moonings of OMG.

Now would be the perfect time to buy in for another one.

Profit and thank me later.
104 posts and 28 images submitted.
>>
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>>2968466
>>
NEO has slowed down.
Selling 70% of my stacks to buy in OMG.
Let this be the right choice please.
>>
>>2968476
Good idea, take profit from ANS and buy some OMG for even more profit!

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It's not too late to get on the SIGT train!
No stopping this once it gets listed in Bittrex
32 posts and 4 images submitted.
>>
Easy 10x once it gets listed on Bittrex.
>>
I love this damn coin
>>
Sig train! Will post nudes for sig!

B7cpjhJysBfZbiwNoa5gD91SiuGEx3gfPZ

Also Ive put around 2 btc over the last day! :)

No more money though but i want more sigt :(

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So there are MANY TIMES more people that have heard of cryptocurrency than people who actually own it. The owners had the genius to see its potential when the vast majority (including most wall street "experts") did not. What do you think is the average IQ of this community? I would put it in the low 130s as of now.
88 posts and 15 images submitted.
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>>2968440
80 IQ avg they're all falling for a ponzi
>>
whenever I mention crypto IRL to people all I hear back is
>oh yeah ive been thinking about getting into that
(2 months later)
>oh yeah ive been thinking about getting into that
(3 months later)
>oh yeah ive been thinking about getting into that

fucking idiots.
>>
>>2968461
Fuck them. I only help those that ask me now.

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Should I order one?
19 posts and 3 images submitted.
>>
>>2968329

Yes, along with a time machine to go back to 2014 with.
>>
only chinks can make money due to economies of scale

the era of owning 1 or 2 brand new miners and making good money is over, it'll take like 4 months to recoup the cost of your miner, then you have to consider increasing difficulty

and i feel theres a new asic coming soon that will blow these old ones out the water... just a matter of waiting.
>>
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I swear to god the chinks mine with the new gen miners for months before they sell them to the public........I mean, I would too.

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This is a friendly reminder that not holding ICN/ICNX is a huge mistake.
13 posts and 1 images submitted.
>>
>>2968280
Unbearable shilling
>>
>>2968280
>2% gains
>made 20x that with sigt
the point is to beat the market
>>
>>2968280
I don't know what /biz/'s problem is, ICN is a fucking fantastic hold and anyone not investing in the #1 crypto index fund is a fucking dumbass
The only huge downside is that its only available on Kraken and liqui, fuck Kraken and their verification process
I picked up a couple hundred ICN on liqui, and its one of my most comfortable holds.
As soon as this shit hits bittrex it goes above 5$ in a day.

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Anybody else NEET but still dress up in business attire everyday? Dress pants are just too comfy desu
12 posts and 3 images submitted.
>>
>>2968268
>Anybody on the spectrum?

I'm sorry for your loss
>>
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>>2968268
>Hey anon's mom. What's anon doing?
>He's playing pretend buisness man!
>It's almost time for his nappy tho.
>>
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>>2968286

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Spoofy is group of traders (possibly even Bitfinex themselves) manipulating the price of Bitcoin:

1) placing large bids ($2M and up) for Bitcoin, usually just under a smaller bid order, only to remove them once someone starts to sell. These orders usually have a lifetime of minutes, or sometimes as short as 5–10 seconds to manipulate the price up (more common);

2) placing large asks ($2M and up), for Bitcoin when he wants the price to go down, or stop going up (less common);

3) occasionally ‘Spoofy’ will allow orders deep in the orderbooks to remain for a few hours, usually $50–$100 below the current price. For example, during the recovery above $2,000, he had roughly 4,000 BTC of false orders in the $1,900 range that were unlikely to execute, and ultimately were never executed.

What is ‘Spoofing’, you may ask?
>Spoofing is placing orders which you have no intent on allowing to execute.

The goal of spoofing is to send false signals to other traders that they will act upon. Placing a large bid may indicate bullishness, causing traders to close short positions and possibly even buy Bitcoins.

You can profit from this by placing asks for your own bitcoin, then send false signals for bullishness, and people close short positions by buying your Bitcoins you have on ask orders.

You can also do the opposite. Placing large asks indicating bearishness, causing people to close long positions, perhaps also into your buy orders.

Bitcoin exchanges are largely still unregulated and do not police for spoofing, wash trading, and other shenanigans.

>Spoofy is able to manipulate the prices so easily because he simply outwhales everyone else on the exchange. Spoofy is a single entity with between $20 million and $60 million USD on Bitfinex, but it could be more.

In order for someone to combat Spoofy (by dumping into his orders before he can remove them all), they’d have to put a lot of money on the exchange.
19 posts and 5 images submitted.
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>>2968160
>In order for someone to combat Spoofy (by dumping into his orders before he can remove them all), they’d have to put a lot of money on the exchange.

Or the exchange could act. The fact that they dont probably means that they're in on it.
Its illegal by the way.
>>
>>2968188
>Someone uses the functionality built into the exchange (post bid/ask, cancel)
>But with more money

It's a conspiracy! The exchanges should treat people with more money differently! That would be fair!
>>
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Spoofy shows himself during three scenarios.

1) The price is falling too fast: Spoofy then places up large bids which trigger a recovery.

2) The price is rising too fast: Spoofy then places large asks to prevent the price from moving too high.
>Spoofy singled handedly prevented $3,000 on GDAX by a constantly re-filling sell order just under $3,000 before he finally let it drop.

3) Spoofy will also drive the price up if the ask side of the orderbook is thin enough.
Spoofy will place his own sell orders, then buy them with an alternate account (or another conspiring trader).
>It’s why we see these vertical price recoveries.
They can simply go back and forth between each of their accounts. $1 million of wash trading only cost about $1,000~ in fees.

>A single real bitcoin sell to another trader pays for all of his wash trading, and that goes out the window if Spoofy is in fact the exchange or exchange management.

Note that Spoofy has been spotted on GDAX as well... however his orders though on GDAX are much smaller. Usually 400–500 BTC spoof bids or spoof asks.

>The exchange rate of Bitcoin has been heavily manipulated as a result of spoofing, wash trading, and other shenanigans.

This is not healthy long term for the price of bitcoin and the possible future collapse of Tether and Bitfinex will cause a dramatic effect on future Bitcoin prices because we will no longer have these false signals coming out from Bitfinex.

I don’t believe a bank is going to do business with an exchange as such as Bitfinex, and banks are probably hesitant to do business with a institution who has also sued a large bank in what was obviously a frivolous lawsuit and then withdrew the lawsuit a week later.

>Nobody needs the ability to place $2M to $15M of buy orders for Bitcoin for five seconds.
They could prevent a lot of this activity by simply not allowing orders over a certain size to be removed until a timer lapses.

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Say it with me:

Universal basic income NOW
18 posts and 3 images submitted.
>>
>>2968158
Out of whose pocket?
You should rephrase that to totalitarian slavery now
>>
anyone who is against universal basic income is just a mad wagie
>>
I want to be a neet:(

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This is a hideout for people who sold pre-August 1st and are expecting a crash

What keeps you from FOMOing?

What did you sell?

Why do you think a crash is still imminent?

Lets get comfy and be PATIENT
18 posts and 5 images submitted.
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Everytime I sell a coin it moons
evertytime I buy a coin it dumps hard
fuck this, despite doing research I always get fucked
>>
>>2968150
Just be calm and patient. Don't get emotional. Emotions lead to bad decisions
>>
>>2968150
What did you sell?

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ARK is gaining again!
$0.88 Today.
17th fastest gaining coin on Bittrex right now.
11 posts and 4 images submitted.
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>>gaining
It's been going down for the last hour
>>
>>2968035
Zoom out of the chart though, Ark always follows a reliable flutter pattern
>>
>>2968035
I keep my ARKs for months and you tell me it is going down a bit for last hour?
Wrong scale mate.

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Apologize NOW. You with your fucking darknet dollars

https://www.rt.com/uk/398754-model-kidnapped-drugged-auction/

A Polish man has been arrested in Italy for kidnapping a 20-year-old British model for a $300,000 ransom. He threatened to otherwise sell her off to the highest bidder on the dark web should the money not be paid. The victim was drugged and kept handcuffed in an isolated hut outside Turin.

“He explained that all the girls are destined for the Arab countries, and that when the buyer gets tired of the girl bought at the auction, he can give her to other people, and when he is no longer interested, she is served as a 'tiger meal',” the victim allegedly revealed.

After being released, the victim reportedly told Corriere Della Sera that she was just one victim of a massive crime network. One of the captors revealed that “he alone had earned over 15 million euros in the last 5 years” through kidnapping and selling women, the model said.
11 posts and 2 images submitted.
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nah
>>
>>2968004
>apologize for free market.

Wow, just wow.
People like you should off themselves.
>>
>>2968021
>>2968014
creeps

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So...

What's the next *big thing* after bitcoin?
31 posts and 3 images submitted.
>>
>>2967929
bitAIDS
>>
>>2967929
You must be new here.
>>
>>2967941
so it's liek real aids except you get digital aids

so its's kinda like being a regular on 4chinks

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can any of you oldfags share some advice with new/poorfag? How do I get good at this cryptoshit?
44 posts and 6 images submitted.
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>>2967898
I started out begging and collecting coins from faucets.
This past month I sold a ton of shit on ebay to help me afford buying all of the weakened coins..

There are lots of ways to accumulate currency, OP. In what way do you wanna make money off of crypto? If you're a starting-up poorfag with 0.00 crypto in your pocket, I suggest grabbing a snack and a drink and spending an afternoon watching horrible advertisements in order to earn tiny amounts of bitcoin.

Another bit of good advice for newfags is: Never ask for advice. Nobody really knows what they're doing and will try and sell you bullshit.
>>
>>2967898
-don't get greedy
-don't panic sell
-don't panic buy
>>
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Buy whatever you can afford in the top 100. They're all going to moon.

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I WANT $1,000,000!!!!!!
12 posts and 4 images submitted.
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>>2967896
Buy a lottery ticket then.
Easy peasy japanesey squeesey
>>
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>>2967896
Its there if you truly want it anon.

Perhaps you should rephrase your statement to "I want million dollars without doing anything for it".

So do you really want it, or do you simply like to whine like a bitch.

Your choice.
>>
>>2968006
deadass

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