/biz/ - Business & Finance

>>57933469
you're a gay cocksucker dude

>>57933469
This extraordinary and unprecedented selling has been going on since like the 4th of March Where's my dump OP? are you talking about the 5 minute wick to 59k? Because that got eaten up quick.

>>57933474
>gets angry at a bearish chart, at the reality we live in
You're confirming OP is correct. You're backing him up, underscoring the importance of his chart. OP's right over the target and he's drawing your flak.

>>57933501
I didn't and haven't read the post

>>57933501
Screencapped this post btw I've been waiting for a dump too but Blackcock keeps eating it up

>>57933469
Anyone who says noob instead of newfag is a newfag and not worth taking seriously.

yeah im thinking 100k eoy

>>57933474
>41 sec after thread posted
Paid shill reply. One of those shills constantly refreshing the catalog waiting for any damning bearish information to be shared which they don't want the "nasty goyim" to know about. The jews truly are desperate to get anons to fomo in now to buy high and baghold, just like around the April 64.8k and November 69k tops in 2021.

>>57933603
Noob predates 4chan. If you think "noob is a newfag term!", then you're a projecting newfaggot.

https://www.youtube.com/watch?v=nKrvCVAD2xA

>>57933732
>/pol/chud being a bear
No wonder bears lose long term you have these retards in your ranks making you all look bad

>>57933966
It's a newfag term because no one here uses it, you newfaggot tourist tranny pajeet. Now fuck off back where you came from and kill yourself.
>posts a video for a term people know has been around 20+ years and everyone saw in WoW
Like you can't more obviously be some shit-colored shill.

>>57933991
>cries about /pol/ and uses "chud"
Kek thanks for 100% proving my point.

>>57933993
First saw PP on their site when the series was served as flash (FLV) videos.

>>57934002
>tranny shill doesn't know what IDs are

>>57934002
I have a feeling you think you're smarter than you really are. Saving schizo images and constantly being contrarian doesn't make you smart btw. Yes, you are still a /pol/chud

>>57933993
Also noob predates PP.

>>57934024
>implying I don't know who I'm responding to
See: >>57933991 Quote:
> >/pol/chud being a bear

>>57934029
>loudly demonstrates to everyone he's JlDF and doesn't belong on 4chan

>>57933474
All this megaseething by bulls at ~69k in every thread is extremely bearish. How easily triggered they are. Like they're on the brink of having a nervous breakdown and/or ready to suddenly any moment explode in anger and lash out at everyone. Like they don't feel safe. Like they know BTC might gigadump any moment.

>>57934667
very true dessu

>>57934667
muh etfsss

serious question:
if there's been so much "sellage" then why are we literally at all time highs
it's seems to me that ATHs would be the result of "buyage," but maybe I just don't understand wtf those terms mean

Trying to get me to sell so you can buy my cheapies. Nice try, Vitalek

yes yes, I have a degree as well

>>57936089
that's what op seems to fail to grasp
this data is EXTREMELY bullish
the fact that we are selling so much and the price is still that high is the most bullish signal ever
it means that no one is left to sell in the next months, only up from here
thank you OP just bought more

>>57936371
You don't understand what you're seeing in the chart at all, if you think anything about it is bullish. It's unfathomly bearish that there's so much selling lately. The selling now far outweighing any previous buying zones means this sell zone (60k range) is a top zone which will become a very difficult resistance later (not a become a support, but a resistance – it /would/ become a support if this was a buying zone; it's not; it's a sell zone). That doesn't mean BTC can't pump to lets say 75k or even 80k first, but it does mean BTC will fall down far below 60k later and then much later will have an immensely difficult time breaking through the resistance in the 60k range due to all the selling which occurred there.

>>57936089
That sell zone depicted in the OP chart is just a rough zone, an area, it's not saying BTC couldn't go to 70k. And the chart is from March 3rd. If the screenshot was taken now then that red circle would be even larger and the line maybe even thicker, as more selling has occurred since then. The circles in the chart represent volume or amount of BTC bought and sold, green being buying and red being selling. More buying occurred during the dumps in mid-late 2022 than in 2023 or now. And more selling has occurred now during this bullrun (especially in this last rally starting in October) than the buying which occurred during the bear market.

>>57937165
what differentiates a buy and a sell? is it who the market maker is?

>>57937165
And regarding the "it's not saying BTC couldn't go to 70k" and "That doesn't mean BTC can't pump to lets say 75k or even 80k first", there was a lot of selling from 31k to 36k yet the price continued up. But of course that wasn't /as much/ selling as now. And another thing to note about the 31k-36k sell zone is that it as well would become a resistance area, if BTC were to drop below 30k. But again as there was less selling in that zone, it wouldn't become as strong of a resistance area.

And as there was a lot of buying a few k above 20k, /that/ zone is a good support area. If however BTC would drop under 20k, then it would very easily hit sub 10k as there was (comparatively) very little buying around 15.5k.

>>57937165
>crypto is volatile
You could have used fewer words. Also, let's all just forget about institutional adoption. Those ETFs are completely meaningless.

>>57937315
>And another thing to note about the 31k-36k sell zone is that it as well would become a resistance area, if BTC were to drop below 30k. But again as there was less selling in that zone, it wouldn't become as strong of a resistance area
Is it realistic to extrapolate this way though? Can the buying/selling ratio at a price level months ago really inform trading months later if it returns to that level?

>>57937295
Buying is purchasing. That's when Bitcoin is bought.
Selling is the opposite of purchasing. It's when Bitcoin is sold.
That's the difference between buying and selling.

>>57937425
But don't you need someone to buy in order to sell?

And someone selling in order to buy?

Who is buying the sells?

Who's selling the buys?

>>57933469
That doesn’t make sense. If people have taken profits and price hasn’t dipped then it’s only upwards from here

>>57933469
*ahem*
ETFs
I rest my case

>>57937461
Of course but the price changes. A coin is $100 and someone sells it for $95, someone buys it for $95 but then someone else (or the same guy) now sells it for $90, and so on it goes. So simply there's more selling, than buying. Until that changes. At lets say $25 where most people think owning the coin is worth more than than the $25 because they think it will go up and become worth more than that. So they're now willing to buy at $26, then $27, $28, $29, $30, $35, $40, etc. More buying than selling = price goes up.

>>57937350
>>57937490
bearish posts

>>57937165
>It's unfathomly bearish that there's so much selling lately.
nigger hahahah are you that blind that you don't know every trade has 2 sides?
YOU HAVE TO FIND A BUYER IN ORDER TO SELL
AND WHAT DOES IT MEAN IF THERE IS THAT MUCH SELLING BUT THE PRICE DOESN'T GO DOWN?
WHAT DOES IT MEAN, NIGGER?
It means that all these sellers are always find a buyer that DOESN'T go "you know what? this price is a little too high for me, i'm not gonna buy here, i'll buy it from you at -10%"
this is NOT happening
instead, they are all buying at this price, that is the reason why is not going down
NIGGER

THERE IS NO "BUYING" OR "SELLING" VOLUME
THERE IS ONLY VOLUME
PEOPLE SELL BY PRICE STAYS HIGH = ULTRABULLISH

NIGGER

>>57937608
in just two months ETFs hold 2% of all Bitcoin
by the end of the year that'll easily be 20%
keep telling us how the market is going to dump with $2.5B of inflows a week

>>57937638
based

>>57937608
>posts pepe
A thought provoking retort. You're right. I need to sell everything before it dumps so whales can grab more cheapies, you absolute cocksleeve.
There's no convincing niggers like you, because you aren't here to discuss. You are here to disrupt. No one cares about you, but lurkers are here and they deserve better posts.

dumping is bullish. once they sell they can't sell again. only diamond hands holding now boys

>>57937639
>Major institutions adopting BTC
top signal

get sidelined faggots

>>57937638
>this much anger coupled with such profoundly low IQ
Super bearish post.

>measured in fiat
Irrelevant and retarded, of course the effect is stronger as its fiat value is much higher

>>57937425
>>57937461

>>57937776

>>57933469
is this just covering the amount of buys and sales or is it weighing the volume of the buys and sells? Larger buyers are in the market that could buy up a lot of small sellers

>>57938540
And it went back up. Imagine that. Almost like it's volatile or something. It's ok if you sold on the dip, anon. If you sell now, you can avoid that catastrophe altogether. The banks will be ok without you. :)

>>57938672
> 6x-ing your funds for free is le bad, because... it just is okay
> :)

>>57938540
Pomp is a fucking retarded faggot

>>57938752
Please, anon. No one wants to deal with your strawmanning. Take it up with Women's Horizons

>>57933469
>buyage

>>57933993
>newfaggot, tourist, tranny, pajeet, shill, go back, kill yourself
Randomly mixing together all the (what to you are) "4chan expressions" you can think of into one single post in a desperate attempt to fit in and show "look i'm totally one of you" doesn't make you fit in at all. Quite the opposite. You don't pass the smell test.

>>57933966
>https://www.youtube.com/watch?v=nKrvCVAD2xA
jfc, man, why'd you have to take me back

>>57933474
kek fpbp
So much retard shill TA being spammed

>>57933732
>takes meme made by anons
>edits to shill his propaganda angle
>accuses other anons of being dishonest
Kys

>>57938949
You're too low IQ to understand that selling at the top here >>57938540 and rebuying near the bottom would've multiplied your coins by about 6 times, which was this >>57938752 anon's point. That's not a "strawman", it's simple math. Even if you sold at 15k (not the very top) and bought at 6k (not the very bottom) you'd still be MUCH better off than if you just held through that entire bear market, which you failed to understand (due to your low IQ). Additionally his point was also that this other low-IQ anon here >>57938672 would've preferred to "hoddel with le diamond hands" like a plebbitor all the way from that top to the bottom, rather that multiplying his coins effortlessly for free by selling near the top and rebuying lower. Both of you are apparently too low IQ to comprehend that, or that institutions-cope as illustrated here >>57938540 is a top signal.

>>57938949
>that retarded pic
And of course, how utterly unsurprising that you posted a plebbit meme.

>>57939359
yeah and it uses the reddit A. Everyone who is anyone knows it's spelt nigger.

>>57939467

'Sellage'
Lots of people sold and the price didn't go down. That means people want to buy. Every seller needs a buyer.

>>57939359
>>57939467
>>57939542
Why are glowies on /biz/? What could possibly be here to subvert with this tryhard inorganic raiding?

>>57939359
that pic was a 4chan meme in like 2009