A hoax on /biz/ caused a cryptocurrency to lose $4 billion in

>>131403955
https://archive.is/xobOd

>>131403955
Well... don't invest in them then? what's the point of this thread

>investing in shady meme currencies peddled by shitposters
y tho

I want to start playing around with crypto just to see how it works what's a good place to start learning?

After it climbed a few hundred percent in value some shitposters on /biz/ tried to continue the correction by claiming the russian kid died. This is a perfectly natural correction in the price.

>>131403955
thanks /biz/

Now I can buy my GTX 1070.

Die Ethereum cucks.

>>131407084
This please somebody crash the crypto market with no survivors so I can finally buy a rx 580.

>>131403955
>4Chan
>C
Every fucking time.

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>>131403955
/biz/ here
We did it lads
They even put a hyperlink to 4chink/biz/

>>131403955
I can't believe it's that fucking easy to move these markets

Something's up

>>131403955
You're a retard if you actually think some shitposting on /biz/ caused this crash. Stop giving clicks to normie clickbait articles.

>>131407547
It's not. Well at least Ethereum isn't this easy, /biz/ just added some panic to it

>>131403955
Didn't the same thing happen with twitter bots and the actual stock market?

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>>131407547
This isn't the first time or the biggest time a board on 4chan caused a stock to plummet. /b/ did the same thing to Apple a long time ago.

>>131407219
I just went to best buy, and frys electronics yesterday. It was the first time I've been to a physical electronics store in a few months. My friend told me about the graphics cards being in short supply, and I didn't believe him. But there were racks 20feet long with every fucking graphics card gone. Fucking incredible

>>131407084
Still have the x3.5 ROI in ETH. Latefags just panic sell

>>131407219
Well, for one thing, we can actually kill that son of a bitch.

This drop was a proof of concept that killing him off would indeed turn things back to normal.

Fucking cucks going out and buying 10 gfx cards at the same time need to die aswell.

>>131403997
Godspeed

>>131403955
The hoax didn't do shit. ETH has been dying for two weeks now. Have you been to /biz/? One of the slowest boards on 4chan.

Price was dropping well before this

>>131407743
This article is on one of the most read crypto news sites

>>131407547
if markets are illiquid enough or scared enough, sure.
individual stocks face this kind of stuff too from fake news or real news.
some years back, tesla stock would falter from any single scrap of bad news, like a fire in a factory somewhere, or a car crash.

>>131407880
fuck yourself, fucking austrian piece of shit.
>>131407928
fingers crossed opportunist-niggers stop buying gfx cards asap so I can finally build my rig.

I FUCKING NEED TO RUN CFD DAMMIT!!!!!!!!!!!!

Just heard about this ethereum coin.
>Another crypto currency had a massive growth over the last few months
Why do i always fucking miss those things? Its not hard to mine 10k of a coin day one.
Anyway, i am happy i actually bought my 1070 last year before the price hike.

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>Implying it wasn't the ICO scams that caused this
>Implying it wasn't the scaling issues that ETH has that was exposed by the traffic these ICOs generated
>Implying it wasn't people realizing Ethereum is not in any universe worth $350+ per token

Fake news.

>>131407084
GTX 1060 are going for more than 1080

Shits crazy

>>131407968
the eth crash started before the pajeet shilling fud. did it contribute? possibly but so say bizrael caused it is fucking pants on the head retarded

>>131407968
I don't care where it is, it's objectively untrue.

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>>131403955
I went over to /biz/ for the first time awhile ago and it was 80% people trying to pump up or dump cryptocurrency
almost no other business talk

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Feeling a bit dirty here lads, took a huge hit on my portfolio but it was worth it reving up those FUD memes

>>131408034
most altcoins are shit i dont even know why people buy them

dont forget this
>>>/biz/2620729

>>131408098
exactly. We need to do something about this shit. I have a lot of free time, if you are interested we can arrange an operation...

>>131408201
the reason why /biz/ was invented was because /b/ and /g/ were getting spammed by shills trying to p&d. /biz/ is strictly a containment board. Everyone over there is a retard trying to get rich quick

>>131408267
I assume that in hope one of them just pick up steam like etherium did

>>131408045
All these things are the real reasons. The new ICO wave is whats killing the market. Too many greedy faggots.

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>>131408453
Now this, can't stop laughing. Great day for ETH!

>>131407547
it's only a 22B USD market, and you need some education to get it, what did you expect?
more corrections will come, but cryptos are not going away

>>131408158
Yes it just contributed
Also
RARE

>>131408345
What do you have in mind?

I'm not seeing how you can profit form this, it's far too late

>>131403955
Suckers falling for this obvious pump n dump hoax

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>hoax
You guys are morons. When the next (((insider))) causes a sell-off panic, BUY BUY BUY.
You'll thank me when the market "recovers".

>>131408614
This goy knows what hes talking about. So listen to him.

>>131408385
Or pretending to be rich.

>>131408019
the flag and the salt combine to offer a delicious trait

>>131403955
>Are cryptocurrencies a mistake?

>implying they weren't a scam in the first place

>>131408213
You shitposted this on /biz/ BEFORE selling?

>>131408591
>>131408614

Vitalik has literally run scams in the past. I'm done with Ethereum.

http://www.newsbtc.com/2016/08/17/gregory-maxwell-vitalik-buterin-ran-quantum-computer-scam/

/biz/ was a mistake

summary of all threads:
>i lost all my savings in moonbeanethVRX coin
>the train leaves now, we go to moon
>weak hands weak hands
and then when someone posts an actual small biz entrepreneurial or finance thread its:
>lol nocoiners, NEET lambo life ftw

that board needs to be terminated

>>131408795
You live by the meme you die by the meme

>>131408888
> weak hands
top kek
nice digits, btw

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>>131408385
>trying to get rich quick

Maybe with tumblr dogs coins. Rgt is where its at

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>>131408614
>>131408746
Well this is quite the paradox

>go to /biz/
>the entire board is filled with people trying to get rich quick off of cryptocurrencies because they missed out on bitcoins
Jesus Christ

>>131408888
Quads of truth. There's literally a thread up offering ETH for dick pics right now

>>131408559
I don't want to profit.I want to fuck over the 5000 morons around the globe who think they got rich and basically went out and bought every new-generation gfx card in production.

I lack the programming skills as of now, but I am thinking a distributed worm, much like what happened with WannaCry, that goes and launches background applications that memory-leak the GPU.

>>131408779
>implying an anarchist would be in this board.
>implying I am using the flag unironically

Do you have nigger dna in you,son?

>>131409025
Welcome to biz

>>131403955

Man, i wonder how many of those Anons made some cash last night. I wonder how much some of them made...

>>131408992
Don't go there it's just cancer

do we know how many ethcucks killed themselves because of that drop to 10 cents?

>>131403955
Just a bump in the road. Nothing to see here

>>131408971
thanks senpai, damn it feels good to be a gangster

DOGECOINS WILL SKYROCKET WHEN?

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>>131409102
GUYS BUY TULIP COIN I HEARD A KYRGYZSTANI WHALE CABAL IS PREPARED TO PUMP TENS OF THOUSANDS OF SATOSHI INTO IT ON THIS OBSCURE EXCHANGE DON'T MISS OUT
>days of Tulip Coin generals
>price rises 10 sats
>crashes to single digit Satoshi value
>never hear of coin again

>be unable to mine ethershit
>it goes to the fucking moon
every time

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>>131409075
> hurr durr joke's on you

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I wish I bought in on that bottom at ~275

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>>131409197
>Open long position on G.Dax
>go to sleep
>wake up dead

>>131408559
the alternative is we somehow convince nvidia/gigabyte -asus-msi-evga to mass-produce gtx 1070s, flood the market and reduce their value.

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>>131408888
>unique culture conquering the economics of the world while we conquer the political realm and /TV/ sets the culture of the world
Wtf I love /biz/ now

We world community nao

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>>131409102
>>131408992

>>131406571
>Voting in meme presidents that are being peddled by shitposters
I think you fail to see how powerful these message boards are

>>131408992

It's tragic. For every successful cryptocurrency, there's about 50 which will flop. You may as well just throw your money at penny stocks and hope to turn a profit

>>131409577
Nigger they couldn't even pump a 1 sat shitcoin on a single exchange

>>131409645
But did he get the half a bitcoin tho?

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>>131409670
>implying getting caught wasn't part of their plan

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>>131409645

>>131406876
Why not create your own?
>Stamp 100.000 leafs
>say each one can be backed by their weight in oil
>hoax some proof
>push them in the market
>use enough to get oil value worthy of 100.001 leafs plus stamping cost
>you already won
>outjewthejew.jpg
>you are now unstoppable

>>131403955
the "fake news" came out after the crash started

and it wasn't just ethereum, the whole market dipped

it's normal, it happens, 4chan had nothing to do with it at all

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>>131409836
I'm sure he did, always trust us bizlets we would never lie to you never ever.

>>131410263
Then why aren't my shit coins crashing this federal reserve with no survivors?

>>131410648
All you have to do is hodl and the rest will take care of itself.

>>131408614
>>131408746

WEW
E
W

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>>131411432
>t. Bancor bagholder

>>131408019
Wtf I haven't been on /biz/ for months is there some meme now making gfx card a commodity??

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>>131411432
How do I make more money though? When do I sell?

>>131412380
The Chinaman and Loo evader wont stop hoarding cards they can use to mine, normies and /v/fags are eating it all up at inflated prices

>>131403997
Yoooo

>>131412650
Just hold, sell when you got enough for that lambo

hodlers - what coins do you hodl?

>>131403955
I remember you guys shilling this shit here

was so obviously fake, weird people actually fell for it.

>>131403955
More fiat currencies won't resolve the fact that were still using a fiat currency.

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RIPPLE IS MOONING TONIGHT BOYS

BUY WHILE YOU STILL CAN

SELL YOUR ETH, SELL YOUR BTC, BUY YOUR EXPRESS TICKET TO SPACE

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>>131415352

>>131415352

Is this some kind of fidget-spinner-themed currency? If so I want in.

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Great joke guys, really really great. Never get tired of lulz

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>>131407084

If I ever meet a legit crypto miner irl I'll beat the shit out of them while violating their anal cavity with a cheese grater. Fuck these people.

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FUCK OFF FAGGOTS >>>/biz/2621965

>>131403955
I wish I had more liquid money for this hoax. That dip was a great time to buy if you we're a late purchaser.

>>131403955
Not for this anon.
Buy ethereum at 12 dollars 6 months ago
Sell ethereum at 440 dollars 1 week ago. (Not in the us where it peaked at around 408)

>>131403955
This is bullshit fake news anon, the Vitalik death meme started a day after the crashed started.

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>>131403955
How the fuck does a currency that isn't real crash?

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>>131403997

>>131418269
Because people believe in it, what difference is there with crypto currency and a fucking leaf.

>>131418269
>currency is real

>>131418269
>How the fuck does a currency that isn't real crash?
How is one currency any less (or more) "real" than any other currency?

>>131418269
the same way any other fiat currency crashes

>>131419365
Because money is tangible. Gold is tangible. Shitcoins are just numbers on a screen.

>>131403955
Btc about to get hacked too

>>131403955
speculations are a mistake thx to trump revoking the laws put in place by obama the next stock market crash is in making by the same fuck ups.


Dont invest in the US markets you money is lost there.

>>131408201
It's either that or someone asking how to get rich quick. Of course, it is one of those first post best post situations. The best answer is always "invest in knee pads".

>>131407789
top kek

>>131419604
>Gold is tangible. Shitcoins are just numbers on a screen.
But both only have value because enough people agree on it. That's it.

>>131403955
is /biz/ becoming george soros?

Is it a good time to buy? I had decided to stop at £250 worth of memecoin but there's so much potential to make $$$$$$$ here that I'm tempted to dip back in. ETH price unlikely to be this low for a while.

>>131409468
I bought a bunch of Dash coin at $0.50. Held it for a long time. Then it jumps up to $11 and I cashed out thinking I was sooo coool. With in a couple months it was over $100. Now it is over $150. I could have been a gorillionaire.

>>131420271
george soros is a mod

>>131420271
>we are the jews now

yes

>>131420271
Imagine a collective working as currency manipulator. THE POWER WE CAN WIELD!

You know what the scary truth is, it's easy to do this with regular currencies too

>>131409577
I wished I would have saved it but there was a thread were Trump's uncle was given Nikola Tesla's research papers and it goes on about time travel and cloning.

>>131420618
It's not. You need massive economic influence yourself to do it. Not just any manipulation, but manipulation backed by economic power ala George Soros.

>>131407084
I sold my 1070 for 900 fucking dollars and bought a 1080 for $500.

What the fuck is going on, are miners this stupid?

>>131420717
>are miners this stupid?
Yes

Working as designed

>>131403955
>Are cryptocurrencies a mistake?

No, they are just extremely speculative and volatile because they are still being developed. If you want to buy into ETH now is a good time but remember that it will always be the silver standard compared to Bitcoin.

>>131418269
the idea is that since the dollar and all currencies bond to it are a giant scam based on loltrust we make our own scam and go 2damoon :DDD because internet let's you do that

they are not currencies, they are basically poker
>which begs the question when is the big rl one gonna pop

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>>131408746
>>131408614

>>131419604
Money is just numbers on paper

>>131420429
No.
>>>/biz/2622720

>>131424694
Meant for
>>131420345

>>131407547

There's literally nothing else driving the market than the mass hype/hysteria cycle.

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>want to invest in cryptocurrencies
>shit like this happends
it really dont feels reliable

They are basically shills shilling

>>131407928
I just hope that there ia sone real investment threads on /biz/ soon. Been skipping that cancer for long time.

>>131403997
thx m8, live long and may the force be with u