/biz/ - Business & Finance

>>8736511
BULL RUN OFFICIAL

20K IN TWO DAYS.

NO WAY!!! NO WAY!!! UNBELIEVABLE!!! IT KEEPS GOING UP!!!!

And... it's out of gas already. Back to 7000 with you.

Wtf is this? 1 nanosecond graph?

>>8736551
BUY THE DIP!!! BUY THE DIP1KFSPB@!!!!

TOO LATE!!!
TOO LATE!!!

>>8736511

checkout the newfag thats never seen a bart before

>initiate downtrend
>bart to blow out all the highly leveraged newly opened shorts
>completed bart blows out all the permabull retards like yourself

>>8736610
Someone should write a book about how to trade Simpsons patterns.

>>8736511
>He said for the 3rd time this hour

Face it bud even a dead cat bounces.

>>8736681
THERE IT COMES
THERE IT COMES
ANOTHER BIG GREEN DILDO
IT'S NOT A BART, IT;S A SIDESHOW BOB

>>8736566
It's literally out of gas. Could not stay above 7400. Super weak bounce, best case we're going sideways in the low 7000s for the foreseeable future.

>>8736724
its seems like everyone on /biz/ thinks there are people that LIKE to pay a higher price for the bitcoin they are buying . . .

I want 1 billion dollars in bitcoin, so i'll just buy up the order books on every single exchange.

just kidding, i'm not a fucking retard, so i'll buy 1 million dollars at a time, waiting for the price to fall back as far as possible before buying any more

>>8736511

>>8736997
this
if you have 1 billion to invest you're gonna take a few months to spend it

Wow, this is the real bull run. Finally!

We gonna make it!

>>8737597
>>8737748

Hopefully we do make it but here’s a judgmental plush pepe in case we don’t

>>8736511
So natural, so organic.

>>8736997
If you're looking to drop a cool billion on BTC you buy OTC to the maximum extent possible. You don't go on fucking GDAX and hit market buy twice a day regardless of amount until that process is complete. What will drive the price up at this stage is normie money and that is NOT entering the space. Institutions are quietly accumulating and KNOW the bottom isn't in yet.

>>8738318
you can only buy coins that people are willing to sell, particularly OTC. There's not some magical counter to buy 100 thousand bitcoin at, you'd have to strike a deal with one of the few people with enough to sell to you.

So i agree, but the "maximum extent" is nowhere near enough to stop you from having to buy most of those coins on market

and 1 billion is a small amount of money institutionally speaking.

its barting again.

BARTED

>>8738821
>>8738846
kek glad i sold

>>8738318
Yeah, but doesn't the dealer offering the OTC have to buy the actual coins from an exchange?

>>8737136
>I'll protect these people from permanent capital cost.

The way this thread just stopped talking about the "rally" after it dumped 400 bucks is great

>>8740097