/biz/ - Business & Finance

>>25955111
you arent wrong but how do you know that its ending soon?

>>25955111
Why would you NOT invest in a bubble? Bubble's make people rich until they burst.

>>25955111
post short

>>25955111
You're wrong about Cardano and its usage. It's pretty much the Ethereum killer, with the Goguen release coming up.

And yes it's a bubble but so what... do you hate money?

>>25955111
you are right about everything except btc

>>25955111
you had 10 years
seeth harder, niggerloving nocoiner normie

>>25955178

Only thing I can post is the resemblance to 2018.

These shitcoins do not deserve their market caps. There's no way you can justify them

>>25955111
Comparing companies and total supply of currency doesn't seem fair, but you probably already know that.
Pic related

>>25955197
you could have bought bitcoin last march and made a 10x
you stupid fuck

>>25955111
Simple explanation
https://youtu.be/ZJmWCvZG7eI

>>25955197
you seem like a guy with a brain, and yes what you say makes perfect sense. But you have to also price in that 20m$ dump on cardano for example would bring the price down 50%, so this market cap is just a placeholder. Thats why its not going down

Meh
bobos are still to cocky

>You must realize that most robbers do not actually want to steal all your money


That might be comforting if most robbers weren't niggers and therefore fucking retarded and give fucking shit projects

> Still you can find how they try to tell about fake dump 500%1500% income

That’s why I don’t follow them and use my own pool on PoolzFinance lmao

>>25955241

yes. thether is shady as fuck. I wonder what impact they had in pumping out the entire market. The ability to mint tethers without having to prove any backing is just scary because they can use the usdt as manipulative buy walls on margin, buy and liquidate people, pump shitcoins on their usdt pairs and so on and then burn the tether at the treasury

>>25955111
You're still going to regret not buying ADA after the Goguen release in March...

Who cares if it's a bubble? Haven't you learned anything from the last decade... bubbles come and go. Hodlers make money.

>>25955111
Someone got the horns. Poor pooor nocoiner

>>25955138
not OP. don't own any BTC but can trade BTC CFDs on my broker. I do pure TA, just here for the fun memes.

There has been no HTF (higher timeframe) sell signal since price bounced from 4k. When price did pull back, it landed right into a demand zone, filling more buy orders that were left behind on the way up.

Do not short fellow BOBOs. we need to see a break of the big wicks at 30600 and 27000 to confirm a bear run. (this information will probably be out of date when btc goes higher than current ATH).

>>25955111
I just hold Bitcoin, 21 of them.

>>25955189
cardano is a vaporware gaming blockchain with a founder that tried so hard to fuck up eth by investing in etc development.

after the goguen release there will still be nothing noteworthy on cardano and you'll be talking about the next "groundbreaking" release

>nothing achieved since inception
>mUh EtH kIlLeR

ngmi

>>25955369

Wouldn't expect you to understand this level of discussion. You're basically an euphoric shitcoiner riding a pump and dump. You see the real story of this space the moment you get out of the bubble for a second. A lot of shit doesn't make sense in this space (10x, tether, valuations, peak bubble) and it kinda calls for a correction. And I'm not saying this out of personal interest.

>>25955189
lmao Cardano is a literal shitcoin

>>25955189
>muh eth killer
lol

Current market dynamics are skewed up. Get out then get back in once they start making sense again.

This looks like the classic “return to normal” phase before the long red candles. Might be wrong, idk, but I don’t care. I made my fortune with these absurd scamcoins

>>25955241
Pseudoscience
Bitcoin doesn't store any energy, it just burns it without giving anything of value in return that can't be achieved by more efficient means with altcoins. The only thing it has going for it is the brand.

>>25955504
You don’t know shit, keep crying

>>25955919

"grunt grunt...grunt...."

"grunt"

I'm afraid you're out of your element here

>>25955111
of course, but nobody cares

>>25955937
I wouldnt care if you were just a bobo troll but you seem to be serions so let me remind you where you stand in the fois chain: You got nothing, everything you said you said it because you did read it somewhere piece of shit dimwit. Stop acting like you are analyzing or predicting anything. CRINGE!

>>25955872
brand is everything forget the whole decentralized thing btc has

>>25956072

Don’t worry, anon. They will care in a few days when the great post euphoria awakening happens. Everything will make sense then

>>25955937
What element does this thread represent? Everyone knows cringey nocoiner cope when they see it.
You probably sold tesla early, too.

>>25955111
You fool. This is money. Gold is 10trillion. We are at 1T. This bubble will surpass gold.

>>25956281

Gold being at $10 trillion didn't stop BTC from going $1200 to $170 in 2014-2015 or from 20k to 3k back in March. We are talking about bubbles here, dummy.

And yes, probably the best way to detect a bubble that will soon burst is by looking at the rest of the shitcoins and where they're at. Try to justify the market cap of any shitcoins in there. You can't. You have straight abandoned shit, memes and projects with almost 0 adoption apart from gamblers that are worth billions in market cap

>>25955111
T. Bobbo that just got liquidated

>>25955189
Is this the 244156th eth killer we have heard about?

>>25956352

>Unironically looks at marketcap

>>25955111
Cope. Suck a dick anon.

>>25956369
>>25956420
>>25955919

kids these days

>>25955353
This

>>25956430
You sound like an emotional woman on her period. Go buy some cryptos anon.

of course it's a bubble! we'll be going up this year and from midjanuary 2022 onwards it will be a bear market.

ride the market, then get out

>4yearcycles

$Aave holds $3B in TVL and the marketcap is $1.7 you should be a retard to call this one a bubble. Others might be overpumped, some are legit.

>>25956563

You’re straight shithead for recommending anon to buy any crypto here. You can at least suggest him to wait for a while and see how the market evolves

>>25955197
You are a midwit, there is no bigger curse than being a Dunig Kruger in crypto. You either have to be a based retard or high IQ to understand what's coming.

>>25956747
>linear scale

>>25955111
Theoretically I could create a new cryptocurrency and make the supply 1,000,000,000. If I sell 1 coin to someone for $1 then my new cryptocurrency has a billion dollar marketcap. The volume on a lot of altscoins are extremely low compared to companies of the same size on the NYSE. Not even counting the lost coins, the actually amount of money investors have put into ADA is nowhere near $9 billion. If you look at the float, liquidity, and orderbooks on most altconis it does not take much to move the price. A $1 million market buy order on ADA would move the price way more than a $1 million buy order GODADDY ($11 billion mrkt). I don't think comparing the marketcaps to companies of similar size is a good way to look at it. The real marketcap is probably much much lower for all of these altscoins. I know this sounds like retarded hopium, but even Ethereum could 10x under 2 years. Never underestimate the pumping ability of shitscoins

exchanges are manipulating this pump with tether

>>25956747
anon I....

>>25956352
my opinion this latest bubble is purely created by stimulus money, and normies sitting at home pumping it into crypto for the first time. so this can go two ways, keep pumping if more stimulus comes or come crashing down if normies need to start pulling out money to survive. Its very risky right now. Who knows where things are headed. i think there's lots of weakhands entering the crypto market making it more volatile than ever.

>>25957113

Someone has to take profits at one point... and it won’t be the normies with their stimulus money. It will be the fuckers who are 10x on their initial multi million investments who are going to paint this thing with red candles. The normies will follow once they get over the denial phase

>>25957113
Michael Saylor himself could move the price more than 1 gorillion normies with their stimmy check. I agree that normies could be helping some, but big players are doing the real pumping

>>25955347
There is nothing wrong with Bitfinex/CryptoCapital and Tether

All the information was available back in April 2017 when Tether launched due to Bitfinex schenanigans

Everyone knew.
They chose to play blind and play along, because, muh gainz.

Coinmarketcap is in on this scam.
Solution would have been simple, just dont include the USDT when showing BTC/USD price. Binance and other exchanges are also in on the scam, they showed USD when they meant USDT.

>>25957355
Cope, swan looking right

>>25957355

Of course CZ is enabling that shady activity. The fucker was making $10M in fees per day on the BTC/ETH USDT pairs alone just a few days ago

>>25955457
>gaming blockchain
nigga what?

>>25957473
in the early stages of cardano charles marketed it to japanese investors as gaming blockchain

pic related

>>25957355
Well, obviously coinmarketcap is in on the scam - they're owned by cz. Why do you think he bought them?

>>25957919
it's one of the most visited crypto sites, also by noobs.

marketing controlled by cz is worth A LOT

>>25955189
There are like 100s of smart contract platforms out there and each one of them thinks they're the Ethereum killer.

>>25957390
>I don't feel so good bros

To fulfill our regulatory requirements and ensure the highest possible level of protection for our customers, Bitstamp Europe S.A. is implementing additional KYC and AML controls, which also means we have to ask you for some additional information.
We are required to collect new information regarding your finances, trading and activity by the end of January 2021. This means that you need to provide us with the required information and documents even if you have already done so in the past.

>>25955111
Keep going. EOS - the fag resigned still a top 20 coin.

Ripple massive security breach, still mooning.

>>25957919
who is cz?
what is an alternative to coinmarketcap

>>25958290

The CEO of Binance, the guy who claims he has no property and is always on the run for some reason

I wonder why...

>Attain Corp of japan was the fundraising lead in the 2015 cardano ico
>cardano raised 63 million from its ico in japan between 2015 and 2017 promising returns like bitshares and ethereum (last pic)
>2016 charles says he will work on ETC, hires 7 devs to work exclusively on ETC (tweet by barry silbert) - 1 month before q1 2017 and the launch of cardano
>charles doing exclusive ETC yt videos with cryptocurrencymarket
>japanese investors got vouchers for their cardano tokens
>launch was supposed q1 2017
>japanese investors had to wait until the release of the buggy deadalus wallet to redeem their vouchers (q1 to q4)

https://web.archive.org/web/20171119070841/https://warucoin.com/gyousha/ico-insider/ada-coin/cardano/

https://web.archive.org/web/20170301021410/https://note.chiebukuro.yahoo.co.jp/detail/n389578

>>25955872
>see mcdonalds
>see chanel
>see rolex
Brand is EVERYTHING dumb fuck

>>25957939
I think you're agreeing with me? There's no way that Coinmarketcap is profitable. CZ owns it so he can push his own agendas. There's a reason that anyone who knows anything about the crypto world stays the fuck away from it.

>>25958290
Coingecko is fine.
You can look at DEXTools too, but I don't trade in a way that justifies it.

>>25955111
>You are in a bubble, you greedy pigs
Everything is a bubble right now. Best example: TSLA

>>25959100
it's a marketing move. it's like buying a 33 year old cristiano ronaldo from barcelona because juve knew that, even if he's not as good as he was as a player, he can bring in hundreds of millions in shirt sales etc and that still justified the money they exchanged to get him.

coinmarketcap is still used by many so he has an outreach, as you've said, to push his agendas. coinmarketcap earn for example - if you want free crypto you have to have a binance account.

which normie would say no to that?

the hubris on this fucking guy..

>>25959528
real madrid of course lol hahahaha

>>25955111
Incredibly strong buy signal

>>25955111

You are right, but only about certain aspects. Yes, 95% of these are shitcoins, but value will flow from them and into real projects with value.

>>25955189
Cardano is the most memetic of all euthereum killers.
It's compeltely bare and unfinished compared to polka and cosmos.

Not that the other two are any better, as in, it's still meme "blockchain 3.0" dead on arrival projects only good for trading and speculating.

Google and other web 2.0 giants were also valued in the tens and hundreds of billions before they got the traction and use case to justify it. In technological space the value is mostly speculation.

Not to mention that the "10-20 winners" from crypto potentially will be valued more than the whole Nasdaq combined, even excluding BTC.

We're talking here about changing the whole financial system not to sell some retarded gadgets.

>>25955111
Thread last night didn't gain enough traction so you posted it again? I'll repeat what was said there: Crypto "marketcap" is not the same has stock marketcap and it's useless to compare them.

>>25959684

Changing the whole financial system with Dogecoin, Litecoin and some other abandoned shitcoins, whitepapers and concepts. Not to mention the hundreds of shitcoins that will die because the lack of funding or insider rug pulling. In all these years I've seen the top 100 changing like 3-4 times.

I'm not talking about the potential of the tech here. I'm talking about shitcoins being inflated in prices and market caps. This is a good signal of a bubble just like with the 2018 one when fucking Cardano was at the same valuation as SpaceX and Dropbox with a whitepaper alone

>>25959879
You keep mentioning SpaceX (did in the other thread too), why? It is not publicly traded. Also SpaceX is currently valued at like 50B, but only because Musk doesn't care. If SpaceX were ever to go public it would pull a Tesla real quick because people invest (speculate) on the future gains of the company. If the potential is a fleet of 1000 spaceships fanning out in our whole solar system, that potential can be propped up pretty high.

>>25955111

>>25955111
>Litecoin and BCH are shit

Yeah we fucking know. That's why smart money holds BTC/ETH/LINK/AMPL

>>25955111

>comparing currencies and stocks

It's like talking with drug addicts lol

>>25960082

Yes, you dumb fuck, because whenever you buy a stock or crypto, you look at the market cap first and the potential of that market cap once the market for that niche reaches saturation.

Holy crap at the stupidity

>>25960118
OP see >>25956856 and stop comparing marketcaps of cryptocurrencies to U.S. companies

>>25955111
>Cardano - Telegram bagholders
Get back to your McJob wagie.
I'm gonna kek so hard when impoverished thirdworlders who bought crypto make it before you

>>25957230
and big players never take profits right!!
right?

>send help

>>25960470

Microstrategy is up like 4x in 2 months lol

They just turned a $300M investment into $1.2B

Of course that they will liquidate some of their holdings

>>25955347
Minting makes it easier.
But the mechanism itself in regards of washtrading USD/BTC could be done even with short term loans of paper USD.. FED actually did the same play with stonks can't recall the meme name they called it, but basically were taking overnight loans to pump it

>>25960534
Want to know something cool about MicroStrategy? They are a publicly traded company that has ahem... 6x'ed this year alone (thanks as well to outside investments from other companies interested in their BTC strategies). Why wouldn't Saylor just burn through that cash before anything else? I know its stupid to believe what billionaire traders say and should usually do the exact opposite, but MSTR has NO reason to dump any of their bitcoin.

>>25955111
hahaha BRRRRRRRRRRRRRRRRRRRRRRRRRR

>>25955111
>People still don't know about XSN
ISHYGDDT