Archived threads in /biz/ - Business & Finance - 5061. page

Esketit

looks like a nice pump lmao
i will throw some in

Glad to have you good folks on board. should be an enjoyable ride.

enjoy your handbag

>>2272124
Oh, i guess you missed the train last week. I could retire off what i've made so far on this coin. How many times are you going ot be able to justify to yourself that it wont be worth it before you commit suicide anon?

>>2272151
got so much money, you spend your days on 4chan.

yes.

its a good entry time for LTC IMO.. only gonna go up with bitstamp adding and Yours network launching

>>2271807
ETH and LTC have been way too stable in the last days.

I think something big and good will happen to ETH, Not sure about LTC

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indeed

>>2271764
Honestly wouldn't doubt it.

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You guys are all the same. This market isnt a 1 day win big cycle. It takes weeks of up and down days to climb to significant gains, keep chasing 2x and 3x pumps and looking at the world like a fucking ant

This coin consistently rises to the top, holds massive volume, and when people buy it they HOLD. Thats why every time a surge in volume happens, less and less is needed for the price to rise. Whale manipulation or not real crypto gains are a game played over weeks or months.

Calling these 2 days a "pump", cashing out your gains and losses means misisng out on the next "pump", one more pump in the series of "pumps" that brings it over a dollar.

This is a top coin. You guys are blind if you arent looking for the next XRP, the next PIVX by finding what happened when it climbed from half a penny to $.40 in XRP's case and 2 bucks in PIVX's case.

Track DGB's rise, look at some god damn charts. spouting memes here and chasing pumps will make you break even. You're better off holding ETH if you play this market that way, seriously

>>2271903
yeah but ETH is lagging pretty hard

>G-guys I fell for some random shitcoin
>Please take those coins off of me

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I'm so happy i got in early with Espers. This'll be the crypto I will make the most money on.

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>>2271778
we hodl

You've been told for WEEKS to buy in.
Why did you wait?

>>2271757
because the coin is almost useless and it's based on pure speculation

same problem with SWT :/

>>2271726
but I do anon

>>2271726
>expensive
>crowdy
>loud
>depressing
>thugs
No, thanks. It's only good in anime.

>>2271746
>but where's the subtitles?

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When banks reduce their appetites for making loans, economies slow down and suffer. The gain that indebted consumers made from the cryptocurrency translation resulted in offsetting losses for banks. Since there are a lot fewer banks than borrowers, the gains for each individual borrower are a lot smaller than the huge losses that the banks will take in receiving loan payments in a currency that is in free fall because of the supply-demand equation for the more favored crypto. What you then have is a mortgage crisis like in 2007, magnified several times over. In the mortgage crisis, individuals received small benefits by living in homes without paying mortgages, while banks and holders of mortgage backed security liabilities died a death of a million slashes as they absorbed all of the defaults. This time it will be far far far worse.

What makes this scenario even more catastrophic is that in order to stay in business, the banks will need massive capital infusions from governments, just like last time. But since governments cannot mine cryptocurrency like they could print currency, whatever infusions of liquidity they make to the banks to save them will simply serve to push the value of cryptocurrencies higher, causing this entire process to multiply to the point of runaway reaction. Cryptocurrency mining procedures are just too small and difficult and time consuming to be useful in a liquidity starved world.

The solution, of course, is to pull the cryptocurrency plug once the problem appears. But as we see time and again in financial crises, by the time the problem appears its way too late to take corrective action that would avert a catastrophe.

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So that's where the world unwittingly is going, and because governments have lost so much trust in their constituencies, and also because they have shown an incredible set of blind eyes to work on fixing problems, this deflationary firestorm will occur and destroy the world's financial system. There is a huge amount of money to be made on all of this, just think about who gets hurt if the major banks really fail and the governments are unable to save them. Bank stocks, industrial stocks, home builders, home furnishers...basically everyone. This is the one scenario in which the stock market could not even be saved by the government printing press...what an interesting idea !

So from an investment standpoint, the growing wave into cryptocurrency will provide the investment opportunity of a lifetime. Its the perfect storm...it combines the seemingly universal dislike of government intervention to prop up highly overvalued stock markets so the rich get richer while the working person cannot get a decent raise, with the also seemingly universal desire to keep the internet free and beyond the clutches of government regulation. It gets rid of these dastardly Central Banks that have done nothing to help anyone but that same wealthy one percent that benefits from zero percent interest rates, and individuals love the perceived strength that a currency freed from government entanglement means to a free world. Everyone sees the nirvana, but hardly anyone understands the devastation that deflation has on a world so over-leveraged on debt.

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Interestingly, the winnings from this deflation have nothing to do with whether you decide to put a few thousand dollars into Bitcoin so you can look cool to your kids and co-workers. No, the profits in this one will be in the old school avenues, assets denominated in the old currencies that crypto is looking to replace. Imagine shorting Goldman's stock and actually seeing it drop and stay down. Or seeing Berkshire Hathaway put that old man who has been a beneficiary of his time sink into oblivion and turn the old wizard into an old fool.

The most interesting times in the financial world occur when the world moves from one age to another. Think of agrarian to industrial, industrial to government/military, and now government/military to information age. At all of these interfaces, the seams were sharp enough to cause a terrible rip in the fabric of the world economy, and winter came in the form of global depressions to wipe away the old leaves and dead wood. Cryptocurrency will be the death knell of the government/military age, because it takes government out of controlling the money. There will be a new money with millions of new overseers and a free market that replaces the dominance of small cabals of government bureaucrats who dictate the terms of commerce in the world.

>>2271453
Both allow you to buy low and sell high.

>>2271453
Bittrex obviously. Poloniex is a piece of shit.

>>2271453
Bittrex has a way nicer UI so I use that

whoa

>i joined a public discord with a bunch of goobers from /biz/ in it
>look! i have secret insider info to the shill team!

yeah i'm in that discord too op

Thanks, little russian kid named proof. I'm glad little russian kids always tell the troof and never lye.

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>>2271444
How to buy Etheroll for all you /biz/ness men wanting to board the rocket on the ground floor. Etherdelta is hard to use, which is exactly why Etheroll is cheap-- but a Liqui.io add is confirmed in the next week by the Devs, and Bittrex has expressed interest. Needless to say any centralized exchange listing will cause the price to explode

it's just a shitty proof of concept, I'll buy into ethercasino when it comes out, until then fuck off with your shit-tier pump&dumps faggots

>>2271488
>he thinks he can stop the rol

HOLD
IT'S WHALE MANIPULATION
It didn't stop before getting to 2600, that's why it's correcting MAJOR right now
Sell walls are being built, keep your DGB safe!

>>2271364
dump to 500 sats

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>>2271364
Nice try Schlomo

>>2271196

There's a telegram group that does swarm AI every week, https://t.me/cryptoswarmai

>>2271196
Programmed an arbitrage bot checking arbitrage opportunities within Poloniex. Very rarely there were some but not profitable.

Arbitrage between exchanges is very much there, it's just very risky.
>dont forget about the fees, the fees will kill you

>>2271326
>Programmed an arbitrage bot checking arbitrage opportunities within Poloniex. Very rarely there were some but not profitable.

Did the same on bittrex.
Never found arbitrage that is above cost of fees. But haven't tested much.

Only got 23k of it... Should wait for the dip but this shit keeps on skyrocketing.

>>2271054
bought for 197, get cucked

>>2271054
Yea buddy, i got in at 379. What wallet are you using to hold yours?

>>2270983
I'd like to get a bike but I'm afraid of dying

>>2270983
Nice bro I have a zx6r. Thinking about maybe selling it and buying an 09 or higher r1.
But I feel like I need more experience with the 636 and need to practice wheelies on the zx6r first and get comfortable with wheelies and stuff first before I upgrade.

I haven't spent any of my crypto gains. I've been holding my ETH since March. Haven't touched a dime. Or spent any of it. 6 months from now, it's gonna be way over 500 bucks.
This train is just getting started.
When it hits 500 though i'll probably buy myself an r1, and a GTR, and a house.

>driving a motor bike
Enjoy being ripped to pieces. You just bought your death with crypto -> crypto kills -> don't do crypto, not even once