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/biz/ - Business & Finance


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52657371 No.52657371 [Reply] [Original]

So now we know SBF spoofed the entire 2021 bullrun. Where does that leave us in terms of BTC and future runs? Are we still technically in the same cycle as 2018/19 as it would've crabbed for the last 3 years? Is BTC going to pump again? Is it over? Or 500k next cycle where it pumps the equivalent of 2 halvings instead of 1?

>> No.52657436

>>52657371
Sam suppressed the price of bitcoin by market dumping his customers funds
Without him the next bullrun should be better

>> No.52657460

>>52657436
It was proven he pumped it up too that whole period that was just vertical in 2020 was so blatantly obvious.
My question is without him doing that where would we be in terms of a cycle?

>> No.52657467

>>52657371

Dump to 1800-3000 was on the cards before the scam exit pump that occured.

The floor is unironically 'nobody gives a fuck about btc, but everyone is using CBDC's'

>> No.52657492

>>52657460
>here would we be
We would have gotten closer to 100k or past, and we sure as fuck wouldn't be below 20k right now
Take this as a blessing in disguise.
No one thought they would get prices these cheap again

>> No.52657524

>>52657460
>proven he pumped it up too that whole period
Show your proof
Everything I’ve seen has shown him dumping bitcoin
If he pumped it, he still dumped it even more
He didn’t have any bitcoin left
You have to be pretty stupid to believe what you do

>> No.52657528

>>52657460
>"it was proven"
he says
>"that whole period"
he says
>"blatantly obvious"
he says
>"without him, where would we be?"
he says

>> No.52657551

>>52657524
There were threads on here for a solid week I cbf finding it. Check the archives

>> No.52657592

>>52657371
where's this phhoto from? polease tell. I did tineye and can no find. not fair. good photo, need story. please story. https://tineye.com/search/1bd36aeb230dd23368651d4bd49df8648c5d9b08?sort=crawl_date&order=asc&page=1

>> No.52657609

KEK this fucking pic.

>> No.52657674

Exchanges accumulate liquidity and then hit the gas, its just how it goes. Nothing changes

>> No.52658035

SBF SHOULD BE EXTERMINATED ALONG WITH HIS KIKE PARENTS FUCK KIKES HOLY SHIT MONEY LAUNDERING FOR DEMS WHILE HUNTER BIDEN SMOKES CRACK AND PEDOS IT UP

>> No.52658073

>>52657609
>Do you feel in charge?

>> No.52658111

>>52657460
>he pumped it
Solana maybe
He diluted BTC supply (both with take paper-BTC IOU and (((perpetuals))) ) and you could clearly see FTX spot suppression when compared to other exchanges.
He also pumped briberies, not BTC, even on CNBC interviews he was always referring to BTC as “slow, inefficient, polluting, not the future of payments”
Definitely did not pump BTC

>> No.52658377

>>52657551
You’re wrong though
The numbers show he was dumping bitcoin
He wasn’t ever pumping bitcoin
He was selling fake bitcoin
Those volumes were all fake
You guys should be smarter than this
You’re literally saying the opposite of what wax actually happening
>durr check the archives
No fuck you, that’s not how biz works
Post your proof or we’re calling your lying ass out

>> No.52658387

>>52657371
Anon, he made tons of paper bitcoin. More paper bitcoin than real bitcoin was mined during the time ftx was operating. He suppressed the price of bitcoin - he didn't pump it.

>> No.52658441

>>52657371
this is a meme i've heard going around.did he spoof all of it? the second spike? is there
>proof?

>> No.52658612

>>52657460
the second run to ath was spoofed for sure, we should've entered the bear then. If anything SBF unintentionally did us a favor, imagine how low btc would be now.

>> No.52658660
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52658660

>>52657371
Basically everything since DeFi summer 2020 was a scam and we should have had a bearish crab since then
>OHM/MIM/TIME/SPELL
>NFTs
>TERRA/LUNA
>SOL/AVAX/APTOS
All garbage scams. Nothing of value has been created since DeFi 1.0. L2s are the only things with potential and they are all centralised at the moment like IOTA in the “coordicide soon” stage.
So to answer your question the last bullrun was fake and nothing will happen until CCIP + DECO launches.

>> No.52658767
File: 196 KB, 1357x855, griffin shams.jpg [View same] [iqdb] [saucenao] [google]
52658767

>>52658377
Sam, get back to the polycule. No one is buying.

>> No.52658935

>>52657460
>It was proven he pumped it up
He didn't pump anything. The fact that his entire operation was ran on paper bitcoin means that he absorbed any price action that would have otherwise gone to actual BTC movements.
Fuck this jew and fuck all other wrapped BTC fractional scams. Satoshi would be fucking disappointed seeing what his vision has turned into.

>> No.52659496

>>52657371
no of course not. the level of jewry this Jew committed set crypto back for years to come. we're going to crab for the next 5 years at the minimum.

>> No.52659521
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52659521

>>52657371
He didn’t spoof it. He was successfully running arbitrage, until he started losing money.

>> No.52659570
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52659570

>>52658767

>> No.52659616

>>52658612
You literally couldn’t be more wrong
Printing fake bitcoin doesn’t make price go up, it makes price go down
Dude I don’t want to call you names but you’re acting like a retard
>>52658935
>he gets it
Thank you
Half the people in here are dummies

>> No.52659840
File: 28 KB, 494x310, SBF FTX kek.jpg [View same] [iqdb] [saucenao] [google]
52659840

>>52657460

When he took out Bitmex and Hayes then the market started pumping with FTX. he took over the mantle of Pump and Dump.

>> No.52660413

>>52657371
Here's the real. Bitcoin don't care. Bitcoin don't care about your SBF. Bitcoin don't care about your Do Kwon. Bitcoin don't care about your Gary Gensler. Bitcoin don't care. Bitcoin do what Bitcoin do. Simple as.

>> No.52660738

>>52657371
SBF and CZ injected money when it previously fell below 16k citing concerns with bitcoin hitting levels that would be bad for everyone involved. with sbf out of the picture and CZ looking out for nobody but himself we are going to get lower as every single centralized exchange hits insolvency. thats where we are now and usually at this point exchanges try and stay afloat but everyone can just blame SBF and just file chapter 11 ASAP like blockfi did.

what hasnt happened yet is every mining company going insolvent and selling off en masse in an effort to stay afloat/avoid loan defaults. alot have but nothing compared to the exchanges that are dropping like flies atm. basically the super cycle is dead, and if you still think there will be another bull run then you are exit liquidity. but by that same token there will never be this big of a bear market for crypto either. we will not have a crab market either, what we will have is entire crypto ecosystems get wiped out (eth, solana, shiba inu) unless web3 gets rushed out to save everyone.

>> No.52660768

>>52657460
those shady actors were the reason real institutions didnt come. they knew about all the fuckery going on. now that the space is clean (we just need genesis and eventually tether to do down), trillions of real unleveraged usd can come to the space.

>> No.52661304

>>52660738
Some straight up schizos running through biz right now

>> No.52661388
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52661388

>>52661304
Hahaha

>>52660738
I didn't take time off of biz, to come back to this trash

>> No.52661805

>>52657371
Based King Arthur will retake his crown. Things were better then.

>> No.52661826

This run was heavily manipulated by this fucking cocksucker Jew, he instadumped spot buys from his customers and also pulled liquidity from chains to his Cucklana scam by farmraping with half billion in stables

>> No.52662253

>>52657371
Where's the JoJo edit of this?