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/biz/ - Business & Finance


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6140550 No.6140550 [Reply] [Original]

Someone's trying pretty hard to find the floor on XLM

Whales trying to trigger stop losses?

What does this mean?

>> No.6140744

>>6140550
the whale fags have been at it for months now, killing every upswing we've had. without them XLM would probably be 3$ right this moment.

eventually all the weak hands will have been shaken out and they'll let it go. then moon and another shakeout. rinse and repeat until fairx or some other news.

>> No.6140893

>>6140744
When are you planning to take profits?

I was thinking of selling about 1/3 my stack at 1.50

>> No.6141063

What do they do? Put in a cheap sell order? Why does it go that low wouldnt it get filled at market rate?

>> No.6141242
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6141242

they pushed even lower, but keep finding support

>> No.6141387

>>6141063
They sell at market value in an extremely short time period with a large volume trying to break support. I've seen it happen all on one exchange on Binance.

The hilarious thing is that it always bounces back to .60. Must piss them off.

Whales the jig is up. We all know that once the Norman arrives after Binance allows newbies that this thing will skyrocket to Pluto. None of us are selling.

>> No.6141517

>>6140550
Nigga other coins have been doing this in the last 8 hours including Ether. I never noticed it before today. Something is up.

>> No.6141650

>By design, transactions on Stellar are very low cost. As of 2016, one lumen will cover 100,000 transactions.

>You may choose to purchase lumens as a supporter of the Stellar.org mission.

Why do you even hold these? Are you believers in the "mission"?

>> No.6141672
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6141672

>>6141387
Jep. We're in for a ride. Seen it few years ago with gold, when everybody was sure itcould go only up..
It'll rise for sure, but gotta try every damn trick in their book first.