/biz/ - Business & Finance

the jews

>>23250537
old gox coins sold

>>23250537
i was here but i dont remember anything except i was trying to buy as much link as i could.

BSV drama supposedly. but it was just miners selling

We realized the true value of Bitcoin, and now it's forgotten again

>>23250537
Normies capitulating

>>23250537
Final catapultation of the cycle.

>miners try to artificially uphold the price at a certain tolerable level (~6k), selling less and less to not be unprofitable
>no one is buying, mania over
>at some point they have to cover cost => capitulation and drop below artificial level

>>23250537
tether burning 1/3 of the supply

>>23250551
CORRECTISCH

>>23250537
Just a tight squeeze of welling pressure. I remember seeing the big tail on the buy candle just before and thinking this isn't a good sign.

I watched in real time as half the market disappeared overnight and plummet further over the next few months.

Here's one of my favourite meme charts from back then.
>pic related

>>23250804
well that didnt work out lmfao stupid ta faggot

whales pulled a short at the bottom and it paid off.
Most anon were pretty depressed by then but schlop schlop poster kept it real.

>>23250537
cucks sold

>>23250537
Coinbase had unexpected maintenance at the peak of the insane pump.

The fed increases interest rates

>>23250537
massive descending triangle

>>23251756
he was basically asking why such a triangle would form, not if it was there or not
patterns do not cause, they emerge

>>23250537
Not enough fear, peak fear was sub 4k, sadly like a lot of people I thought it would go even lower that's why I have a suicide stack of link and not a make it stack

>>23250551
fpbp
/thread

Dude. I don’t have fucking price historic data memorized like a fucking retard. Wtf are we looking at?

>>23251931
many coins are at that exact point right now, which is probably why OP made the thread. chainlink, most defi scams etc.
knowing what exactly caused the chart to drop below that baseline is therefore valuable, as it could tell you whether or not you should expect another drop or not
also nigger

>>23251790
The gist is, someone isn't going to buy your buttcoin for higher than its current price which you can tell because it fails to break resistance. Why? Well there a number of reasons. I would say the most obvious one was the media attention btc got at the time which cased a rapid parabola, the bubble popped, and then uncertainty.

>>23250537
>What caused this crash in November 2018?
we ran out of buyers. simple as.

>>23252001
Chainlink looks nothing like this retard.

can't remember but it was a blessing, we got $0.20 LINK. although lowest i got it at was $0.30 (at that time) as didn't have more fiat to put into it
but had bought a lot at 0.17 previosuly so wasn't too bitter

>>23252060
"aha"

>>23250537
My first crypto purchase was 2 or 3 days before that crash. I thought I was finally buying the bottom. Its ok though, I just kept buying and now I'm going to make it. >>23250537

the impetus at the time was claimed to be CSW selling his core coins to pump bsv price over bch. Bitcoin all is so boring

>>23252002
i read that drivel twice, but gave up.
god, you are one shitty poster, do you know that?

Basically pure technicals/inevitable. There aren't "causes" as such.

News follows charts.

>>23252001
cope
you had three years

>>23252259
nice reading comprehension you fucking retard

>>23250537
bcash fork

el año q eche al moraco

Textbook descending triangle and you guys say ta is bullshit