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Archived threads in /biz/ - Business & Finance - 2713. page

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Here's why BTC is going to going to fucking Andromeda tomorrow
>largest amount of shorts ever
>meaning the bitcoin has already been sold, and price is still ~8% away from ATH
>meaning all the selling pressure is done, only thing left is to buy
>...hold on to your butts

Think about it, if it has already been shorted in record numbers and remains untouched, then how could it go any lower if everyone is done selling it?
41 posts and 7 images submitted.
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>>2915657
> largest amount of shorts ever
Claim?
>>
How do you know more people aren't going to sell tomorrow?
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>>2915657
it will plummet this week guaranteed
the price is "artificially" high right now because many people are holding for the BCC drop
if BTC were to moon it would've done so 2-3 days ago, but many people are simply not buying it
after BCC is dropped BTC will dip hard since the pressure to hold it is no longer there

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So what's your plan? Convert to fiat? BTC? alts?
Will you dump BCC as soon as possible or hodl it ?
Are you opening long/short positions on anything?
22 posts and 4 images submitted.
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>>2915609
80% Fiat, 10% alts; 10% BTC.

Tomorrow is going to be a slaughter. If the BTC goes up at some points, I expect it to be very short lived and I wouldn't be surprised to see a return to the 2000 or lower.
I'm going to hold my BCC at least for a while as I think it will plunge but not as far as /biz/ seems to think and might swing up and down during the course of the next few days.
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>>2915609
Keeping the majority of my holdings in USDT on Poloniex and might put some BTC in bittrex just for the shits.
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>>2915609
convert to bitbean, sprout, then enjoy life.

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I am poor, what steps can I take to escape.

I work part time, I get paid $184 per week, my rent+bills $146 per week, internet+phone is $9, im a white male with $120 in the bank in a shit town with no prospects.

Eating the same meal of a fried onion, chopped tomatos and pasta.every day is destroying my body from the inside out, so the first hurdle is to earn an extra $35 per week to buy nicer food.

Whos got the best advice on here.

Also I dont want to kill myself.
29 posts and 3 images submitted.
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>>2915606
>I work part time
Didn't even read the rest. Try working full time.
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>>2915606
Start sucking dick for $1 a pop
>>
>>2915617
this
kneepads OP kneepads

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Hi biz,

I bought SIGT at 600sat and sold back at 2500sat few days ago. Now its almost back to my first buy price and I am thinking to jump in it again. Any pros or cons? I think it can go up in few days because of fork but twitter accound is dead for like 6 days now and I am banned on telegram channel so I cant have any info.
Are you gonna jump in it soon?
54 posts and 6 images submitted.
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I think we are heading sub 200 or even 100. Be cautious
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>>2915597

Why you think so?
>>
>>2915642
just wait

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I'm going to help you here.. Listen very carefully. Buy BITCOIN. Send it to an offline wallet. Wait until the fork happens and you get FREE MONEY. Yes FREE MONEY. The coins are already worth around 300 - 400 dollars. PLEASE. Just listen this one time. Don't miss out on the moon mission cause you bought the FUD
31 posts and 2 images submitted.
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>>2915519
i hope you get banned for posting that image
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>>2915519
>Free money
Do you also believe in Santa, moron?
>>
>>2915519
>everyone wants to sell BCC
>free money
>some big BCC backers may sell their BTC
>free money
>bitcoin bubble is about to burst
>free money
>ishygddt

There are some people here who believe that BTC will crash on August 1.

Can somebody explain why it could possibly crash?
17 posts and 2 images submitted.
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A most likely scenario that BTC will hold or even rise today because the sell walls are mostly gone to get free BCC so the road is clear and people are still buying to get free BCC and alts will dip even more and at August 1 people will see the high priced BTC and low priced alts so they will sell their BTC and BCC and buy back into cheap alts.
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>>2915473
>buy back into cheap alts
This meme only exists on biz
>>
>>2915473
Because BCC won't be created out of thin air. That's a value that is going to be taken off BTC.

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https://www.youtube.com/watch?v=RQw8-_KEP18
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Is this the newest pump and dump?
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>>2915391

Yes.
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>>2915395
You mean it's gonna take 1 whole year to pump this shit? Yeah no thanks, I'll buy something else in the meanwhile...

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i am, becouse im to lazy to download all this wallets
11 posts and 1 images submitted.
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>>2915344
It's cool. Until you are HODLING XD and waiting for dividends, wallets are not much necessary below 1BTC.
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Lending out BTC on polo for 3% DAILY lol…
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>>2915352
lies

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AUGUST 1st PLANS.

What is your HONEST plan for tomorrow? I'm planning on just holding everything, but buy btc if it drops sub 2000. I've talked to others who are planning on buying as well. Maybe the short fags will be btfo and it will turn out to be a pump instead?
71 posts and 5 images submitted.
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>>2915333
The more I think the less I think a pump is even possible
>>
50%BTC 50%Alts

Thought about selling alts for BCC but never did and it's too late now, it would be like a 10% gain after a 10% loss.
>>
The more I look at those 40k btc 110million USD short positions the more convinced I am that a btc collapse will NEVER be allowed by ((them))

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What is the best business major?
16 posts and 1 images submitted.
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Pure Mathematics
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>>2915328
>business
>major
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>>2915336
what did he mean by this

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You have no idea how bad it is going to be do you. Every one of you is just hoping it passes over, and things go back to normal, yoyr in such fucking denial. The day of the pink is coming in the next 24 hours and its gonna fuck your whole life up hombre. and not a single move will save you. usd? youre fucked. alts? youre fucked. btc? youre fucked. bcc? youre fucked.
13 posts and 3 images submitted.
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>>2915311
The only thing that stops the whales from liquidating all those shorts is if those shorts are their own.
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>>2915311
Wow there is literally no better time to enter
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>>2915320
tfw I bought almost 4k worth of BTC the other day. I'm pumped motherfuckers!!!! Snap into a Slim Jim brothuuuurrrrrrrrr!!!! DIG IT!!!

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Most amount of shorts ever on bitcoin
Most amount of btc not held on exchanges ever
Bitcoin slowly rising
Hard fork happening in less than 30 hours
Are you ready for the biggest clusterfuck in crypto history?
18 posts and 5 images submitted.
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Oh Lord help me. Now THAT is an ass to be smashed.
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short fags about to get blown the fuck out
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>>2915195
please post more

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Thanks to the anon who posted this a few days ago, your thoughts?
Currently over 40k btc shorting...
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Get ready for the largest amount of liquidations ever in crypto history
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how much money are these position going to wipe out?
Are the whales / exchanges on it,too?
Or are they planning on driving the price up and forcing all those position into margin calls?
OHGODOHGODOHGODOHGODOHGODOHGODOHGODOHGOD
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>>2915205
>Or are they planning on driving the price up and forcing all those position into margin calls?

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Check yourself /biz/
18 posts and 1 images submitted.
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ur average
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>>2915177
So you walked into some rich neighbors garage w/ a friend and took a picture, good on you, the Canadian plumber would have stolen it by now and actually own that overpriced and useless car
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>>2915212
This isn't me, it's the average /biz/ user

Shill me on the promising upcoming ICO s
20 posts and 5 images submitted.
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>>2915156
>buying ICOs

You might as well sign up for Amtrack or Herbalife
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Unironically Teatoken
>>
ClitCoin

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