/biz/ - Business & Finance

Well, if you are holding a lot of tether now is a great time to go shopping.

>>57238846
wrong

>>57238846
>just time the market bro

>>57238824
Based Paint user

>>57238850
They get cheaper!?
I'll wait for the Valentine's Day sale.

>>57238846

50/50 on if it was

A "intern posted prepared tweet too early"

B jew rat wanted reason to delay

>>57238906
give me one single reason for btc to be above 48k

>>57238824
anyone who sold off that volatility is a pussy faggot who quakes at the knees at any chance they get when faced with fear "ohh-oh nooo it's too volatile this asset is t-too unpredictable for me! i better stick with stocks"

>>57238974
Because of block chain and to own the system duhhhh

>>57238864
lol

>>57238824
Of course they did

>>57240319
Anyone blaming Gensler is a snake or ignorant.

>>57240401
explain

>>57241341
Seems clear to me that the tweet and the volatility was coordinated.
Check the timing >>57240319
It's not due to the retraction of the tweet which caused the dump.
About a week ago the price dropped 8+% due to a 'rumour' spread by a journalist, garnering more volume than this more recent drama. The journal article is another instance of a red herring.

There's been multiple liquidation events the last month, none as notorious. Hacking the SEC's account and causing such volatility is a clever way to shift any attention away from the truth - whales liquidating traders/obfuscating their buys/sells.

The regulatory commission is often critiqued because the industry is based on fraud and thrived off of the compatibility issues of old legislation on new technology. The crypto-world would rather side with billion dollar exchanges who actively scam their users than siding with law enforcement, simply because regulation is perceived as something that would lower the prices. Rather than accepting the reality that their investments rely on fraud.

So, if you blame volatility on a tweet, it's clear that you're either a shark, trying to draw attention to a red herring, or ignorant about the reality of the situation and choose to ignore similar, more extreme volatility and liquidating events in the recent history.

>>57240401
they ct retards, so they are beyond retarded. gensler is a meme punching bag for ez x views
>>57241807
>if you blame volatility on a tweet
anon, single tweets do impact markets heavily when most who trade are perma connected online and/or have trigger buy systems.

So...if they announce the ETF approved tomorrow, we can expect a quick, short rise, followed by a longer, deeper, bottom?

>>57241985
The whales already panic sold

>>57238824
First they bought, hence the massive green candle.
Then they sold as it became uncertain if the tweet was legit.

>>57238824
well no shit, the BTC ETF was mostly priced in. Now ETH is going to go on a run in anticipation of its ETF.

>>57238824
WTF bros, I thought Jews were gonna pump my bags...

>>57238824
The reason it dumped is because the SEC posted a weird tweet : "$BTC" that was quickly deleted, and started liking weird posts left and right. It became obvious to anyone investigating that it was a hack, well before Gensler posted his tweet.

>>57242241
this

Even the actual "approval" tweet was suspicious, since there are a bunch of very specific applications each with their own deadlines. The SEC would not just put out a blanket statement saying "we approve spot ETFs today saar".

>>57242290
People saying BTC will dump are delusional or just want to go back in time and buy at 16k. Cope and seethe capo.