[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 13 KB, 225x225, BITCO.jpg [View same] [iqdb] [saucenao] [google]
17811597 No.17811597 [Reply] [Original]

>It means higher probability that bitcoin has "conscious plan" in which direction it'll go
>Because it has conscious plan it means that bitcoin movement may be different than stock market
>Because it may be different than the stock market it means we shouldn't be blinded by world events
>Because we shouldn't be blinded completely by stock movement/world events we should look at the thing itself, BTC trends/history
>Which will lead you to think it just another bear trap before 3rd time bullrun to 250K.

Buy at 3K-5K.

>> No.17811624

>>17811597
mind you, I'm also gay

say take my opinion into account

>> No.17811635

>Because the dump was manipulated
sauce??

>> No.17811661

>>17811635
>Stock fall rapidly
>BTC look okayish
>Suddenly in 2 days somebody sold billions worth in half the market price
>Stopped right before Fib line to not break the trend completely

You need to be beyond retarded to think this is normal sell off. Somebody triggered it exactly according to his/their plan.

>> No.17811672
File: 17 KB, 244x420, photo_2020-02-11_12-52-19.jpg [View same] [iqdb] [saucenao] [google]
17811672

>>17811597
>Because the dump was manipulated
Oh like a fucking 40mill spoofwall pumping us from 6k to 10k wasn't manipulation LOL, how are faggot still falling for this shit .

>> No.17811682

>>17811672
I mean, look at bitcoin's usage in terms of transaction volume. The entire market has been bullshit for years.

>> No.17811707

>>17811672

Of course it was, the whole run from 3K to 20K was manipulated as shit, especially the alt run. Big players trigger direction, small fishes just fill in.

>> No.17811711

>>17811597
It has become self aware.
Quick someone pull the plug.

>> No.17811992

>>17811661
THIS
THIS


This was exactly what happened on jan 2018 but with a lot more resistance from the market(because no one is selling and dormant coins keep increasing).

Someone realized that it would look bad for the stock market to go -10% and btc be comfy at 8.7k so they sold a shitton all at once on the big international exchanges.

Make no mistake , check local exchanges around the world and btc is being traded at 7k-8k

Of course no one is buying atm because if you buy at 8k and then it's accepted internationally at 5k you feel like a retard.

But the international exchanges are representing the real volume since it's the exchanges that everyday people use to buy things bypassing capital controls.

In short the price will go up to the fucking moon soon because the market price is about 7k now and international price is shown at 5k.
I have never seen the international btc price being so different than local exchanges, actually i saw it only once(may 2019) and it mooned after.

>> No.17812007

>>17811992
>check local exchanges around the world and btc is being traded at 7k-8k
such as?

>> No.17812068

>>17812007
Exchanges in nations with capital controls like argentina , venezuela & others.

Localbitcoins data in those countries even show this , check argentina price then divide the argentinean peso / usd.

It's trading at 7.6k

Someone dumped a shitton of coins bellow market price in international exchnages to dump the price as the market was openin the -10% day.

>> No.17812075

>>17812068
They are literally terrified of btc and pulling the same shit they did in january 2018.

Problem is that dormant coins keep increasing.

https://bitinfocharts.com/top-100-dormant_1y-bitcoin-addresses.html

They are so fucked that it's not even funny.

>> No.17812090

>>17812007
>>17812068
>>17812075
That said anon we will see the truth after tomorrow localbitcoins weekly data is released.

I am 95% sure that my theory about someone dumping coins bellow market price is what happened.
But we need the localbtc data to confirm it

>> No.17812453

>>17811597
Welcome to the club, precious metals have been manipulated since the dawn of man.

>> No.17813135

>>17812068
The price is the same roughly the same at all exchanges list ed here.
https://coinmarketcap.com/currencies/bitcoin/markets/

How does the premium prices that people pay on localbitcoins represent the real market price in anyway when people had always been paying premium prices there?

>> No.17813197
File: 6 KB, 290x174, images.jpg [View same] [iqdb] [saucenao] [google]
17813197

>>17811597
It will never recover.

>> No.17813269

>>17813135
>How does the premium prices that people pay on localbitcoins represent the real market price in anyway when people had always been paying premium prices there?

Because big exchanges don't always reflect the real price since they are interconnected behind the scenes with thigns like liquid.

The price can go up 20% or down 20% without any movement in the blockchain.
But they are trading between each other and in a lot of cases their clients don't even cash out.

But long term the p2p price wins because as people move to their wallets the exchanges need to provide those coins that they don't always have.

>> No.17813338

https://www.bitchute.com/video/vJpuIgUv6afs/