22 DEC 2017 - Ow

[Leo Bonhart]

 

[Skeletor]

NOOOOOOOOOOOOOOOOOOOOOOOOOOOO

 

[millais]

Oh boy, I can't wait to hear how our favorite crypto day trader fared this day.

 

[Leo Bonhart]

NOOOOOOOOOOOOOOOOOOOOOOOOOOOO

If not a NASCAR entrant, I'm sure they can still sponsor an entry at the Wabash County Demolition Derby at this point.

 

[Skeletor]

It still cracks me up that Dogecoin is the only crypto that's actually used for its intended purpose.

 

[CrunkLord420]

I'm excited to hear about how crypto is dead because it retraced two weeks.

 

[Some JERK]

I'm excited to hear about how crypto is dead because it retraced two weeks.

I've only been peripherally aware of the crypto-currency market, but did nobody see this correction coming? Really?

 

[CrunkLord420]

I've only been peripherally aware of the crypto-currency market, but did nobody see this correction coming? Really?

Everyone saw it coming, the BTC charts were disgustingly green. The FOMO is unreal and unsustainable. The real question is if we enter a bear market for any real period of time or if we're just going to turn this weekly red candle green.

 

[Leo Bonhart]

The recovery is on, but perhaps 'tis the proverbial beartrap before another dip.

Personally, I took advantage of Litecoin's speedy recovery to sell some and buy some still-struggling Monero. Time will tell...

Also today I learned there is a difference between 'Never invest what you can't afford to lose' and "Never invest what you're not prepared to tell your wife you've lost'.

 

[AnOminous]

Everyone saw it coming, the BTC charts were disgustingly green. The FOMO is unreal and unsustainable. The real question is if we enter a bear market for any real period of time or if we're just going to turn this weekly red candle green.

Could just be a bunch of selling at a high price, partly because the bubble is becoming obvious even to the suckers and partly, yanno, because it's CHRISTMAS and maybe people are buying stuff.

People should just ignore the day to day bullshit. It's meaningless.

 

[millais]

lol

and this is what /biz/ looks like

 

[CrunkLord420]

Could just be a bunch of selling at a high price, partly because the bubble is becoming obvious even to the suckers and partly, yanno, because it's CHRISTMAS and maybe people are buying stuff.

People should just ignore the day to day bullshit. It's meaningless.

yes good goy, buy those (((consumer goods))) and leave the coins to the cryptojew and cryptochinese.

 

[Null]

expected. you don't go from 6k to 20k in a month without a pop. no clue why people are surprised. ride the waves fam

on the plus side, if people did kill themselves, that means their wallets are lost forever and BTC deflates more

 

[ES 148]

 

[DangerousGas]

Hopefully the gene pool has shed some of reddit's "to the moon!" dickheads in the wake of this.

 

[Pepito The Cat]

on the plus side, if people did kill themselves, that means their wallets are lost forever and BTC deflates more

Man, the crypto burried-treasures will spike...

 

[Null]

Man, the crypto burried-treasures will spike...

pour a fouty out for the niggas we lost along the way

 

[AN/ALR56]

This shit is fascinating

Anyone has a good starting book on the finance market?
I want to know what a "beartrap" is

 

[millais]

 

[Kazami Yuuka]

This shit is fascinating

Anyone has a good starting book on the finance market?
I want to know what a "beartrap" is

Sometimes, the price of stock will start to drop at a very high rate. This causes some people to sell off what they have. But the rapid price drop was only temporary, and quickly recovers. Thus, it is a "trap".