Archived threads in /biz/ - Business & Finance - 5317. page

>>2099977
Dammit you ruined muh millionaire dubs specifically banking on RDD.

Also I can't tell if a chart like this is great or terrifying, shouldn't a good chart be virtually the mirror of this?

im a new coinfag, what does the graph mean?

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>>2099987
>>2099988

>>2099938
Yeah, it's going pretty good.

It's going to be at $150 within the next two weeks. Buy while it's sub $100.

>>2100707
Maybe day trade a bit while it's under $100.

who cares
it more than likely does not matter to me

>>2099935
I took a shit and I ate a cup of noodles. Those are two things

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If stocks are down that means my crypto is going up
If my crypto is going down oh no I lost $200
If the world is ending my guns suddenly appreciated

only a few btc left in 10 sat sell wall

once thats gone, all systems go, moon imminent

Not buying a coin that was delisted from polo.

>>2099905
For real? Why

>>2099583
Put in .4btc, let's see.

And why ?

>>2099619
Triangle magic, I thought it was bs myself but I'll be damned if those technical analysis people don't call the market all the time. I've been making many shekels from the posts on trading view.

The best example of this is on the night of January 20th and early morning January 21st. You can actually see these bars on Dogemonitor. Throughout the day session on january 20th, volumes were noticeably higher, slowly pushing prices upwards. Following this, the first massive price spike occured at 19:00, and BTC was continually pumped into the market to a price of 242 satoshis - this is the effect of the market hysteria caused by those initial large purchases knocking down "sell walls", while simultaneously publicizing the fact that a mysterious chinese investor has come to "pump" doge. Then, an orchestrated effort on their part quickly causes a massive panic selloff, whereupon a few large sell orders "juke" traders into panic selling as they fear the rapid rise will be followed by a rapid fall, and the whale grabs the panic sells as traders panic in a process known as a "shakeout" or "washing", or zhencang.

>>2099444
This allows the whale to recapitalize their investment at a lower price, essentially juking traders into selling their assets out of fear, while the whale knows full well when the dust is settled the price will be higher. With regard to the psychological game Wukong plays, he tells those in the IRC to "hold no matter what", serving two purposes - one, it makes sure he remains in control of the bounce back, namely that no one in the IRC "jumps the gun" and pushes prices up before he has a chance to start buying at the rock bottom, and two - those who do fall for his shakeout, despite his warning, are more inclined to trust him and not themselves, as they were just juked out of gains (without realizing it was Wukong who juked them in the first place).

Nevertheless, such a large investment ("pump") on their part is quite expensive, and to recoup and profit from their antics whales have a more insidious and profitable method of profit-generating manipulation than simply "pumping". Studying the chart over the history from January 20th to today, you will notice that within the overall down trend from the high, there are also periodic cycles downwards, where the price holds for some time, followed by upwards, where the price holds for some time. This is how the whale makes money.
The process consists of placing a "wall", a large amount of BTC discouraging traders from betting on price movement in that direction, and encouraging greedy traders to bet in the same direction as the wall - e.g. a sell wall at 165 encourages traders to sell at 164, to try and "undercut" the wall. The whale knows this, and happily will buy up all the sell orders coming in at 164, causing the market to "stall", essentially pausing any movement while the whale quietly accumulates doge. Occasionally a whale will allow prices to fall even further, should the selling ramp up, and then move the sell wall down, allowing the whale to continue racking up doge at cheaper and cheaper prices. Once the whale has accumulated a hefty position in doge, he removes the sell wall and simultaneous places large buy orders at prices higher than market, pushing the market up and inciting traders to quickly buy in, in anticipation of a pump. This causes a rapid escalation in prices, and further large buys placed by the whale allow him to influence the other traders to push the market to whatever price target the whale has in mind. At this point, the whale locks in the price by placing the remaining BTC he has as a "buy order" at a price slightly lower than market, encouraging the traders to place buy orders slightly above his wall.

Be real m8s. Is this going to hit $1 ever? Will normies actually use this bullshit?

Started with 3 USD a month ago. Holding 140K REDD now after making good giant on XRP.

1 Cent when?

>>2099307
normies love this bullshit

the camwhores alone will drive this to $1

>>2099264
Oh you think DGB is going to moon, you are wrong, its going to go to Saturn.
bitter nocoiner

>>2099264
>larping nigger
>nocoiner poorfag
>kys

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>>2099271
>no coiner
heh. okay friend. Saturn coming right up.....

>>2099221

Sitting on 2M

>>2099227
1.4M here!

high five rdd-bro.

hope we actually get past this wall, then we will take off to lambo land

>>2099221
fucking BTC confirmation times
cucked out yesterday, should have pulled the trigger at 5 sats
why am i stupider than a nigger?

>>2099189

That was a quick FUD thread. You gonna' do this all nite dawg?

>>2099189
I sold all mine at 409 sats when I found out it has not pairings with any companies.

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>>2099189

just hit 9 SAT nice

>>2099109
don't miss the train again anon

why do you keep denying yourself success?

so desperately wants a dip to buy in. should've bought in when you had the chance

>>2099034
literally a wagecuck's worse nightmare. this is why i am in coins.

>>2099034
Are you serious OP? Is this real?

If it's real, and you don't divorce your wife this minute, you are a pathetic cuck

this is so hot

just let it happen naturally. you niggers want everything yesterday. it won't be .15 cents over night. if you're holding than hold the bag, buy the dip if you choose.
undervalued coin and it's value is going to show in coincidence with more constant normie exposure to crypto.

just wait faggot

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>>2098922
My fiance and I are planning to write Boogie2988 a letter since he stated he loves getting those. Planned to do it regardless since he's a favorite of ours, but I feel like it would be perfect mentioning this cool new crypto currency that aims to be the standard for microtransactions for all of gaming, and asking him to check it out.

Can you imagine him devoting a few minutes on one of his videos to talk about it?

Instant exposure to close to 1 mil normies.

Everyone needs to shill this to the top youtubers.

We need to subtlety fill /v/ in on this. Just tell them about the gambling aspect. Don't tell them about the coin because they'll cry about Bitcoin being a scam.

/V/ has huge influence on the gaming community.

>>2098912
They are like fleas on the nuts of this board.

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Learn to spot the Jew.

>>2098912
what other news does it have? seriously considering selling off

Its been pretty calm lately, just slowly growing so its not as exciting as the more volatile coins.

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check the dubs

It's fucking dope. New update coming soon.