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/biz/ - Business & Finance

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5349002 No.5349002 [Reply] [Original]

don't you find strange that 95% coins went down at the same time?

I strongly believe that this dump is caused by small group of wealthy fuckers

>> No.5349054

>>5349002
95 percent of coins are tied to BTC value

>> No.5349059

>>5349002
No shirt goofball, they are shaking easy money from all the weak hands that recently entered the market and buying back in cheap.

>> No.5349079

>>5349002
king is falling

>> No.5349138
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5349138

>>5349002
>>5349054
>>5349059
>>5349079
are you ready, /biz/???

>> No.5349184

>>5349002

It's a dump by the rich can buy a few planes and yachts for their Christmas vacations, while normies dumping so they can buy a new iphone with their earnings.

>> No.5349254

>>5349059
>>5349054
>>5349002
probably reptilians hugh?

Its not complicated. Greater fool theory only works for so long. Especially if your token is unusably slow and crippled by fees

>> No.5349283

King grows, alts bow down
King falls, alts follow

Given that BTC will be dethroned soon, perhaps the market will detach from blockstreamcoin.

>> No.5349339

>>5349283
>BTC will be dethroned soon
If this happens crypto dies with it

>> No.5349403

>>5349339
bullshit

>> No.5349446

>>5349403
Crypto as we know it dies.

>> No.5349467

>>5349054
you mean 100%

>> No.5349513

>>5349446
A new crypto emerge. Detached from a single asset.

Beautiful

>> No.5349643

>>5349513
But how will I cash out my alts when they were all bought with btc?

>> No.5349658

>>5349002
learn how markets work newfag

>> No.5349685

>>5349002
No, people investing in alts saw how BTC dropped and feared other coins may be next so they started dumping. It's just like the stock market. When one or a few really big stocks experience a huge, rapid drop, many other stocks follow suit.

>> No.5349692

whos buying these bitcoins right now someone anwser me

>> No.5349758

>>5349002
Yah think?

>> No.5349881
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5349881

>>5349446
>>5349513
>endings are just beginnings
t. oldfield

>> No.5350116

>>5349002
What, like 95% or so of bitcoins are owned by the 1% richest wallets (And every person owns multiple wallets).

So it really just needs to be one rich guy who starts selling to cause a run on the market, then he buys it up again at the bottom.

>> No.5350140
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5350140

>>5349002
holy fuck, newfags need to get gassed

are you retarded?