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49558514 No.49558514 [Reply] [Original]

Why are the whales abandoning Bitcoin?

>> No.49558588

>>49558514
Because its a ponzi scheme that has no real value. Its measured in USD because it has no use other than being a way to launder USD.

I guess if your a criminal its great otherwise its a pozi and whales are dumping on fidelity and the like who started crypto funda

Simple as.

>> No.49558727

>>49558514
They aren't

>> No.49558808

>>49558514
test

>> No.49558834

>>49558514
They want to liquidate the gamblers with Kangaroo charts.

>> No.49558846

>>49558514
They're not.

>> No.49558876

>>49558514
BTC has the most +1 btc wallets ever at a price of 27k US dollars. Doubt it

>> No.49558893

>>49558727
>>49558846
Prove it.

>> No.49558895

>>49558514
That and BTC is gaining massive dominance from such a small range. A range of 27k to 30k has caused a massive continuous climb in dominance

>> No.49558920

>>49558514
The "whales" are financial institutions who view Bitcoin as a risk asset. They're abandoning Bitcoin because they view the current monetary and fiscal environment as bearish for risk assets.

>> No.49558980

>>49558893
Why do we need to prove a point that OP made?
Go to school and learn how this shit works, retard

>> No.49559085

>>49558588
Checked. Came here to say this.

>> No.49559139

>>49558588
>>49559085
is nasdaq and sp500 the same ponzi? because they look like crypto now.

>> No.49559179

>>49559139
The companies on those indices actually sell products or services and give dividends to shareholders.

>> No.49559202

>>49558514
what? they're not abandoning it at all they're moving the price down so they can buy it for cheap when no ones looking

>> No.49559318

>>49558514
The more btc you got at cheaper prices the lower you are willing to sell at if it looks like there is a crash coming. Pretty simple stuff.

>> No.49559367

the price is going down because i am buying more

>> No.49559412

>>49558514
Whales are buying

>> No.49559542

>>49559412
So Why can’t the price even hold 28k?

>> No.49559562

>>49559542
10 billion shrimp are selling

>> No.49559647

>>49558980
>t. hopium addict
why didn‘t you sell instead of lecturing on a bengalian noseflute board?

>> No.49560112

>>49558893
Prove that whales are leaving.

>> No.49560123

>>49559179
>products or services
>Nasdaq and S&P500.

>> No.49560165

>>49559542
>Whales do a sell off.
>People start to buy it up.
>Whales dump some more.
>Everyone paper hands it.
>Whales buy it again for cheaper and start the process over again.
>I'll keep holding.

>> No.49560179

>>49559647
>why didn‘t you sell
Because I understand how trading works and I'm not retarded like you?

>> No.49560618

>>49558514
The realize their hardware wallets will become wet in the ocean

>> No.49560645
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49560645

>>49558514
https://en.wikipedia.org/wiki/Recession