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/biz/ - Business & Finance


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8888516 No.8888516 [Reply] [Original]

Let's be honest. Nobody is going to be buying BTC in the late 8k and early 9k range.

People got burned 4 times by dead cat bounces last few months, so a lot of buyers will be hesitant to buy once we push up to stronger resistance.

Also too many trapped people are going to try dump as they get to the point of break even.

That reversal yesterday was not a true reversal, just big players pumping a lot of money in cause they knew the shorts would trigger a domino effect.

Once the run starts lagging, those fuckers that pumped us will be dropping big red was dildos.

>> No.8888551

/biz/ has become grossly individualistic chasing the kek get.

Is this what humanity is?

>> No.8888586

>>8888516
Btc is kill

>> No.8888597

>>8888516
>Let's be honest. Nobody is going to be buying BTC in the late 8k and early 9k range.
That's exactly why it's going to pump hard with institutional money, because small fish have been conditioned and won't see it coming

>> No.8888612

just one look at the volume confirms it's true
btc only moves on squezes and whales will start squeezing longs as soon as they run out of shorts (looks like they already did)

>> No.8888618

>>8888597
>instituonal money
>btc
Fuck off retard, it's just bored whales. No respectable institutions will be putting down millions into this ponzi

>> No.8888630
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8888630

>> No.8888643

>>8888597
>institutional money
let me in on a little secret
there will be no institutional money until tether and bitfinex with spoofy are under control

>> No.8888647

What a golden buy PRL is in the present context.

>> No.8888651

>>8888618
Stay bitter and poor fuckface

>> No.8888666

>>8888630
>disbelief

>> No.8888680

>>8888666
Hi Satan

>> No.8888708

>>8888651
Why would institutions buy this shit??? So regular joe can dump it on them ?? Think retard.

>> No.8888724

>>>88888777

>> No.8888761

>>8888618
>No respectable institutions will be putting down millions into this ponzi
>institutions literally want to spend billions for painting streets white, that will be covered in dirt and grime after a week
you have way too good of an opinion regarding institutions. they are fucking retarded for the most part and already one big ponzi.

>> No.8888775

>>8888708
>why would institutions designed to make money come into a market and take the lunch money of a bunch of losers on the internet

>> No.8888792

>>8888708

You're right, they definitely wouldnt buy unless they had shaken out the regular joes. Maybe through a non-stop flood of FUD during bitcoins parabolic rise and then manipulating multiple crashes.

Notice how there's no more FUD anymore despite bitcoin being 10x what it was a year ago? Maybe because they don't need to FUD it now that they're buying it.

>> No.8888808
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8888808

Where da puddi @?

>> No.8888835

>>8888516
Thread hijack. Sergeys will and dreams will manifest into reality via the singularity.

LINK 1000 EOY

>> No.8888862

Goatse Coin: http://goatse.cx

>> No.8888930

>>8888808
So close. Link.

>> No.8888950

>>8888516
Buy lisk

>> No.8889106

>>8888862
nothing but pink wojacks in there

>> No.8889152

>>8888647
Why?

>> No.8889158

>>8888792
The crash wasnt manipulated retard it was a bubble popping and people buying BTC just to sell it for a quick buck
>>8888761
>>8888775
Again, There's no actual way for institutional money to flow into an asset like bitcoin. "Institutional" money you're thinking off is probably some rich chinese businessman who likes to fuck around with btc

>> No.8889182

>8888775
you can't take the lunch money of a bunch of losers on the internet if you buy higher than 90% of said losers
daily reminder that btc spent 7 years below $1k and only 2 months above $8k

>> No.8889222

>>8888597
>institutional money

you sound like the type of delusional faggot that thinks government will pay his bills one day, NOBODY is putting their money in this leach fest

>> No.8889237

>>8889158
There are plenty of OTC brokerages that would love to have their business. There's now also legitimate futures contracts allowing them to hedge underlying exposure

>> No.8889264

>>8888680
Hello my child

>> No.8889301

>>8889237
Have you seen the volume for CME and CBOE ? Its shit. Only few people are in that and they are using their lunch money.

Seriously talk to actual people who work in finance and for big institutions, they will be the first to tell you this shit is a speculative bubble and its equivalent of tulips. Do institutions buy into Herbalife cause it's successful? No its retail retards like us who think they can make some money off it meanwhile market makers and whales control the whole market. We the retail retards are just the ones who decide the top.

>> No.8889309
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8889309

we are all gonna make it

>> No.8889326

Sorry to hear you sold your BTC op.

There's 1600+ garbage altcoins that will make you a rich quick though. GL!

>> No.8889329
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8889329

You had your time faggots

>> No.8889341

>>8889301
>Seriously talk to actual people who work in finance and for big institutions, they will be the first to tell you this shit is a speculative bubble and its equivalent of tulips
ironically this are the same guys that love to trade btc, because it's like forex on steroids and full of dumb daytrading fish
it's like hold'em boom 10 years ago

>> No.8889355

>>8889329
>>8889326
>>8889309
Give it two weeks and you'll be posting pink wojaks again

>> No.8889379

>>8889341
Except they play with small positions and have stop losses, those guys don't hodl like tards. When shit starts running out of steam, they'll be the first to dump

>> No.8889429

>>8889379
>they'll be the first to dump
i'm pretty sure they all dumped in january and only margin since then

>> No.8889434

>>8889158
i never said that current pump is due to institutional money, im just saying that your argument that institutional money will never go to cryptos because theyre smart is beyond fuckind retarded

>> No.8889459

>>8888647
>buying anything associated with iota fucktards
not even once

>> No.8889535

>>8889434
>saying that your argument that institutional money will never go to cryptos because theyre smart is beyond fuckind retarded
they will go to cryptos when it's not volatile and not risky
they don't need crypto or any other asset for "sick gains"
they need it to put into some composite product to hedge agains other parts for total yearly gain ~10%
that's all

>> No.8889588

>>8888516
>People got burned 4 times by dead cat bounces last few months
this is not DCB son

>> No.8889707

>>8889588
>this is not DCB son
it's not, because it didn't bounce, like it did at $5900
but it's not a reversal or natural growth either, since there are no buyers

>> No.8889755

>>8889535
all those derivatives are worth hundreds of trillions. if several hedge funds decided to risk just a few percent of their money on cryptos, that would skyrockets current market cap of all cryptos by a factor of 1000 if not more.
again, i never said that all institutional money will go all-in on cryptos tomorrow.

>> No.8890024

>>8888516
It's the bear's turn to lose money.

>> No.8890050

>>8888612
They go where the liquidity is.

>> No.8890080

>>8888516
Because people are fucking gambling addicts. They lose all their money gambling just because someone they know got lucky. The same with crypto. They will see some people make it and will throw all their money at it

>> No.8890092

>>8889755
Just stop anon, he’s clearly an expert on financial institutions

>> No.8890099
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8890099

>>8890080

>> No.8890139

>>8889707
None of the reversals that have happened to Bitcoin have been natural growth.
This is just how the manipulated as fuck crypto market moves.
Whales own everything and everyone else has been shaken out. So they pump the price up in intervals until the price is high enough to attract buyers again and that's when the volume returns.
This has happened after every crash and it always manages to keep a lot of people away, because it looks so god damn shady.
Sideways with low volume, green candle and price stays on a higher level. Rinse and repeat until it makes the news and people buy in.

>> No.8890141
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8890141

Listen here fag, institutional investors don't get burned and they don't get hesitant.

They just pop the short the bubble, and then they enter when shorting is at it's ATH.

Btw, I got raped in prison so I'm spending the rest of my days scamming fags like you, buy my shitcoin Bcash.

>> No.8890319
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8890319

>>8888516
Fucking this. Don't fomo in you plebs. Wait for the dump.

>> No.8890437

>>8888516
Literally bought back in at 6600 on April 6th, and I'm up 40% wtf are you talking about dude.