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/biz/ - Business & Finance

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7364048 No.7364048 [Reply] [Original]

Who the fuck is selling at this price /biz/?

All the long term hodlers would have seen the parabolic rise to 20k and taken profit on the uptrend, none of them are stupid enough to sell at 5k.

Whoever is selling here can't be making money.

Who are they /biz/?

>> No.7364114

Day traders, stop losses.

>> No.7364131

they are people trying to minimize losses, and they're right

btc will hit 2k by the weekend.. i've got insider information, can't give you the details but trust me, selling right NOW is the best thing you can do.

>> No.7364153

>>7364048
there are investors which completely didn't research and so they panic sell.
also someone may buy alts for btc now.

>> No.7364167

>>7364131
lol

>> No.7364198
File: 372 KB, 720x788, 1506785066756.png [View same] [iqdb] [saucenao] [google]
7364198

>>7364048
you know who

>> No.7364205

>>7364153
theres absolutely no movement into alts, they get bled harder

>> No.7364236

>>7364167
i'm serious. screencap my post, 2k by the weekend

>> No.7364273

Institutional shorts and people who lost faith. Better sell at 6k than 1k. I'm just hodling and have 20k EUR in Kraken just sitting. In 7 min when the markets open I will liquidate all my stocks. Going to transfer some of that money to Kraken too, but I'm not buying anything before I see a clear uptrend. I think BTC is going to dip to 2k, maybe even lower..

>> No.7364320

>>7364236
Boy I can't wait to post this to r/4chan xD!

>> No.7364328

>Buy bitcoin because it only goes up
>It starts tanking
>Sell to bagholders to at least have something

>> No.7364348

>>7364048
got in march of 17 held mostly eth. Rode my portfolio to 1.6mm a few weeks back just sold most of it for 500k. I'm expecting major selling in the stockmarket in the morning,

>> No.7364365

>>7364048
Sold a third of my portfolio between $16-20k. Sold another third when it fell below $10k to lock in my gains. Thought about bailing out and selling my last third but might as well stick around for the ride

>> No.7364396

>>7364048
sold at 13.2K, 6.5K, 6.2K

now I can put it back in at 3K-4K if it gets that low

>> No.7364397

>>7364348
also I should add I put in around 140k over the past year so im still up.

>> No.7364402

>>7364131
thanks just sold 100k

nigger

>> No.7364463
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7364463

>>7364048
>All the long term hodlers would have seen the parabolic rise to 20k

that is where you are wrong kiddo. I know one of those guys, even when he had a 750% profit he didn't want to sell, believing it will go to 100k

you underestimate the depth of human greed and stupidity

>> No.7364483

>>7364048
Ever heard of the sunken cost fallacy?

>> No.7364502

Euro whales are selling like crazy. Wait for it to go down to 3K

>> No.7364565

>>7364048
its the jews stupid

>> No.7364590

>>7364048
1 year old holders. Did biz forget it was around $2k in march or something?

>> No.7364610

>>7364048
wash trading and day traders

>> No.7364657
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7364657

>>7364198

>> No.7364705

>>7364483
to be fair BTC's real value should be somewhere around $50-100, where the transfer fees are more reasonable.

>> No.7364754

>>7364048
People who bought before $5k and want to take profit.

Anon you are understimating human emotion and greed of traders. I myself am guilt as fuck

I bought at $3k during summer 2017, and rode that shit all the up to fucking $20k and never sold because I thought I was going to 10x after already 10x ing and become a millionaire. Literally euphoria took me over at $20k I thought I was a fucking genius.

I rode this fucking shit all the way back down, getting rid of all my fucking gains over the last 7 months for nothing. And I just sold for 100% profit a few hours ago. If you don't think there are more retard traders like me you're wrong. We are going to $4k soon, no one is buying

>> No.7364765

>>7364048
Lel I just started slowly buying back. Gotta get me these juicy prices

>> No.7364804

>>7364048
>Who the fuck is selling at this price /biz/?
Short seller?

>> No.7364817

>>7364048
>please stop selling. Think of my losses

>> No.7364847

>>7364705
>$1 billion is enough to handle the world's transactions

Fiat money is worth 70 trillion. Even if cryptocurrency handles 1% of the world's transactions and never replaces fiat, it would still need to be worth 700 billion.

>> No.7364882

OP is literally an idiot holder trying to game the market. He's made ten of these threads already. It's time to sell.

>> No.7364929

>>7364847
Yeah, but BTC is by far the most overvalued and overrated coins out there. Monero, Augur, FUN, Ethereum, Quantum, even LTC are much better coins, ie have lower transaction costs and faster transaction speed. Not to mention, some have smart contracts and/or are anonymous and/or are being used to pioneer real online gambling.

>> No.7365018

>>7364765
Anon I...

>> No.7365078
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7365078

>>7364657
sauce on this, holy shit

>> No.7365093
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7365093

I sold
Im done with this shit, atleast I got out with dignity
Now Im working extra hours and night shifts until I get back what I lost. It will take years of hard work and pain

Fuck you biz, I will never forget

>> No.7365181

>>7365093
lmao good luck you dilf

>> No.7365286

>>7365093
Not hodling.....baka. You bitchmade nigger.

>> No.7365368
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7365368

>>7364657

>wen the meme turns out to b reel

>> No.7365463

>>7364048
The newfags and normies. Also governments and globalists who want it cheap so they can own and control supply.

>> No.7365500

>>7364048
Nah, they are not stupid, they sell now and buy back at the bottom for more profits.

>> No.7365521

>>7364048
Well, anyone who bought last january is still up 400-4000%, and it'd be stupid to HODL and sell at 200-2000%.

I mean, I'm sorry you bought in december, but you're never getting that money back,

>> No.7365598
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7365598

>>7364048
>they're onto us. Activate the alts. Sell all of it, everything, now.

>> No.7365617

>>7364657
more of this meme

>> No.7365637

>>7364048
and you could ask, who the fuck is buying over $100?

>> No.7365668

>>7364048
The shit's rigged. Why do people continue to believe there's any logic behind this, outside of the exchanges completely making this shit up? lol.

>> No.7365720

>>7364048
There isn't that much volume. It doesn't take that much money to move BTC up or down thousands in value. We're a playground for whales and wallstreet and they can dictate the price.

>> No.7365752

>>7364048
Shorter making mad gains

>> No.7365755

>>7364817
>think of all the gains in the upcoming years you will miss, once traders unironically kill off the entire market

>> No.7365826

>>7365755
My buy price is 2k.

>> No.7365883
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7365883

>>7365093
>Buy high sell low
Thanks, goy, Now i can buy low and sell high
heh, /biz/

>> No.7365909

>>7365826
You might as well wait until it hits sub 1k because that’s where it’s going when/if it actually breaks 4.

>> No.7365984

>>7364048
>Who the fuck is selling at this price /biz/?

The real question is who is buying?

Your meme coin will literally hit zero in a couple of months and never recover

>> No.7366005

>>7365909
Of course but the moment it breaks 2k, I will be ready. Just waiting to see the right signals to buy

>> No.7366410

>>7365883
WHAT THE FUCK, STILL DOWN?
WHAT IF... WHAT IF I REALLY BOUGHT HIGH BC ITS GONNA DROP BELOW 2K?

>> No.7366463

The sellers are the people who are panic selling alts, they have to sell alts to BTC then to USD in order to exit crypto.

>> No.7366472

>>7366005
If BTC ends up at sub 1k, it’s time to all in on ETH.

>> No.7366658

>>7366463
Or people holding alts see BTC falling, then sell for BTC, buy Tether/USD and buy BTC back and buy alts back

>> No.7366925
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7366925

>>7364463
Yeahhh this is somewhat true. I've been hoarding for a long time. At this point I feel dumb for ignoring my gut and not taking more profit, but even at these levels I'm up like 80,000%.

>> No.7367329

Good news is the price is stabilzing but until when?

>> No.7367387

Anyone got the Chad Hodl meme?

>> No.7367804

One Japan exchange is in maintenance. BTC will probably drop more later.

>> No.7367897

>>7366925
keep holding, sell if it ever makes it to 20k again

>> No.7368343

>>7364463
well no becuase you never know how high the rise will go or how far it will fall.

Your better of waiting it out until a level your happy drawing down from.

Eg who care about 20K when it gets to 100K, that 80 K more a coin...

I am happy to get of the bus at that level.

Then again I am probably throwing away 900K when it goes to 1M a coin