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/biz/ - Business & Finance

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29300789

It's all so fake an gay Anonymous Sun Feb 21 10:36:01 2021 No.29300789 [Reply] [Original]

>majority of bitcoin trading is a hoax
https://www.cnbc.com/2019/03/22/majority-of-bitcoin-trading-is-a-hoax-new-study-finds.html
>The analysis showed that “substantially all of the volume” reported on 71 out of the 81 exchanges was wash trading, a term that describes a person simultaneously selling and buying the same stock, or bitcoin in this case, to create the appearance of activity in the market. In other words, it’s not real.
>Those exchanges report an aggregated $6 billion in average daily bitcoin volume. The study finds that only $273 million of that is legitimate.
>single anonymous market manipulator pushed bitcoin to 20k
https://www.cnbc.com/2019/11/04/study-single-anonymous-market-manipulator-pushed-bitcoin-to-20000.html
>Griffin and Shams were able to follow the clusters of data to a source: “One large account at Bitfinex.” The digital currency exchange Bitfinex is one of the largest in the world. The study found that, through Bitfinex, the single player was able to manipulate demand for bitcoin via “extreme” flows of tethers. The Wall Street Journal first reported on the updated study’s results on Monday.
95% of all trades are fake trades made by exchanges bots and a single player pushed the price of bitcoin during the last bullrun just like the pump from 150 to 1k was made by mt gox willy and markus bots, let that sink in

>>	Anonymous Sun Feb 21 10:39:00 2021 No.29300934 The top is in boys

>>	Anonymous Sun Feb 21 10:39:27 2021 No.29300966 >>29300789 Thanks for the cnbc update, my little news achor. So cute

>>	Anonymous Sun Feb 21 10:40:32 2021 No.29301025 >>29300789 Good means most people are holding

>>	Anonymous Sun Feb 21 10:40:56 2021 No.29301051 >>29300789 Keep seething, cuck

>>	Anonymous Sun Feb 21 10:41:20 2021 No.29301066 >>29300789 arbitrage and scalp bots are not the same as wash trading. they provide real traders the liquidity and opportunity to use limit orders. it's practically a public service.

>>	Anonymous Sun Feb 21 10:41:38 2021 No.29301087 >>29301025 means that almost nobody is buying retard

>>	Anonymous Sun Feb 21 10:42:22 2021 No.29301136 File: 343 KB, 758x792, 1613813059234.png [View same] [iqdb] [saucenao] [google] >>29300789 I don't care.

>>	Anonymous Sun Feb 21 10:42:40 2021 No.29301155 >>29301051 >plebbit spacing

>>	Anonymous Sun Feb 21 10:43:17 2021 No.29301197 >>29300789 >jewish fud by the (((mainstream media))) coming back strong after the sabbath, i see.

>>	Anonymous Sun Feb 21 10:43:43 2021 No.29301216 >>29300789 >2019 fuck off

>>	Anonymous Sun Feb 21 10:44:10 2021 No.29301234 >cnbc as source get out

>>	Anonymous Sun Feb 21 10:45:05 2021 No.29301288 >>29301197 >jewish fud against jewish and kike owned exchanges

>>	Anonymous Sun Feb 21 10:45:20 2021 No.29301301 >>29301216 do you really think anythings changed?

>>	Anonymous Sun Feb 21 10:45:31 2021 No.29301311 >>29300789 >>29301087 >article from 2019 >stupid boomers don’t know about bots Waste of a thread

>>	Anonymous Sun Feb 21 10:46:09 2021 No.29301347 >>29301288 *jewish and chink >>29301234 yeah instead of real sources like coindaily or someshit lmao >>29301216 >implying the situation changed in any way

>>	Anonymous Sun Feb 21 10:48:51 2021 No.29301490 >>29301311 the price increase and the entire volume of trading of crapto is made up by bots owned by the exchanges, it's not that bots are part of market it's that they are the fucking market

>>

Anonymous Sun Feb 21 10:54:29 2021 No.29301799
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>>29300789
> Grayscale Bitcoin Trust has buying up over $1 BILLION in Bitcoin every month -HOAX
> Tesla bought $1.5 BILLION in Bitcoin - HOAX
> Microstrategy purchased over a BILLION in Bitcoin -HOAX
> Square Cash App sold $1.6 BILLION every quarter - HOAX
> Guggenheim Macro Fund allocating up to $1 BILLION in Bitcoin - HOAX
> Square purchased $50 Million in Bitcoin in 2020 - HOAX
> MassMutual bought over $100 Million in Bitcoin - HOAX
> London based investing firm Ruffer buying $744 Million in Bitcoin - HOAX

>>	Anonymous Sun Feb 21 10:55:23 2021 No.29301835 >>29300789 When CNBC start kvetching. You know Bitcoin has become a threat to the establishment. Same thing happened with the rise of Sanders and Trump. This article is a STRONG BUY SIGNAL

>>	Anonymous Sun Feb 21 11:00:42 2021 No.29302142 >>29301799 all of that shit wouldn't cover the bitcoin weekly trading volume anon >>29301835 no anon, those articles are from 2019

>>

Anonymous Sun Feb 21 11:07:16 2021 No.29302547
File: 75 KB, 680x680, 3ffa126231cdb31b1f5f61df7d66066272704ebb5e5dd0389f4255181dcbc5c0.jpg [View same] [iqdb] [saucenao] [google]

> Grayscale Bitcoin Trust has buying up over $1 BILLION in Bitcoin every month -HOAX
> Tesla bought $1.5 BILLION in Bitcoin - HOAX
> Microstrategy purchased over a BILLION in Bitcoin -HOAX
> Square Cash App sold $1.6 BILLION every quarter - HOAX
> Guggenheim Macro Fund allocating up to $1 BILLION in Bitcoin - HOAX
> Square purchased $50 Million in Bitcoin in 2020 - HOAX
> MassMutual bought over $100 Million in Bitcoin - HOAX
> London based investing firm Ruffer buying $744 Million in Bitcoin - HOAX

>>

Anonymous Sun Feb 21 11:11:31 2021 No.29302768

>>29300789
this article is old af but it's true
>mfw biz thinks a bunch of random no name exchanges pump out hundreds of millions of dollars in volume daily every single day
there's so many shitty scam exchanges that pop up, you guys have no idea, I remember some guy put his crypto in one of them and it wouldn't let him withdraw