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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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55418775 No.55418775 [Reply] [Original]

>take all their fiat in 2021
>take all their crypto in 2022 (ftx, celsius, etc)
>give them only a few weeks in december to accumulate at the lows
>pump it aggressively in 2023, forcing anyone that wanted exposure to buy at much higher prices
I don't understand what the whales' game is here.
They took everyone's fiat at the top, and they rugged everyone's coins at the bottom so who do they expect to buy their coins at these levels?
I think even casino's have to let the little guys win every now and then.

>> No.55418783

6 months under $20k
>only few weeks

>> No.55418788

Isn't "whale games" just people with a ton of money who can afford to fuck around even if they lose?

>> No.55418790
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55418790

Chaos rules.

>> No.55418799

>>55418775
Zoom out. Bitcoin has been the most predictable asset on the planet since 2011.

>> No.55418814

>>55418783
That clearly wasn't enough time. Otherwise, interest in crypto would match the increase in price since then.
Tell me, why, at 25k last week, was exchange volume hitting record lows. It's a complete ghost town. Even here, there's record low interest in the space.
Idk.
I'm thinking about this from a business perspective.
If I'm an exchange, I need more gamblers not less, but everything that has happened so far has almost been designed to just eliminate every last player.

>> No.55418841

>>55418775
The whales game is to acquire as much market share as possible and keeping retail as having as little market share as possible. We probably crab between 20-30k rest of this bear market. Nobody will want to buy back in because everyone wanting to buy back in is waiting for extreme lows, just look at all the bear posting here bragging about waiting until 10k to buy back in

>> No.55418871

>>55418814
>exchange volume hitting record lows. complete ghost town. record low interest in the space

I accumulated at the lows but it sounds like it's buying again time to me

Captcha: baseddwr

>> No.55418881

>>55418871
Wtf s 0 y is now based?
Testing: onions

>> No.55419063

>>55418841
But that's the thing, when the market is completely cornered, why would anyone be interested in being a part of it? This thing is a quantum computing breakthrough away from going straight to zero anyway, which even the BlackRock etf filing mentions btw.

>> No.55419376

>>55418775
hodling for a year to a year and a half when buying at halving is a guaranteed win formula pretty much, thats 1/4 of the cycle you an profit as an idiot

>> No.55419457

>>55419376
More like you'll be lucky to break even.

>> No.55420182
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55420182

>>55419063
>quantum computing breakthrough away from going straight to zero anyway
quantum is fake and gay, a breakthrough in quantum would cause so many changes that btc would be the least of concerns. you are a vocal idiot.