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/biz/ - Business & Finance

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12216473 No.12216473 [Reply] [Original]

I THINK THAT HOLOCHAIN DUMPS

>> No.12216500
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12216500

based+redpilled

>> No.12216508
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12216508

>> No.12216577

Its not even dumping. Bots are arbitrage trading the ethereum pairing by trading btc for eth then eth for holo then selling that holo back to btc to take a profit

The BTC pairing hasnt moved

>> No.12216906

>>12216473
meh, 3rd rate meme

>> No.12216998

>>12216577
its about to go to 11 sats HAHAHAHAHAHAHAHAHA

>> No.12217126
File: 130 KB, 574x536, Screen Shot 2018-12-24 at 1.31.40 pm.png [View same] [iqdb] [saucenao] [google]
12217126

>>12216998
yes dude any second now

>> No.12217604

>>12216473
Dumping upwards.

>> No.12217654

>>12216577

The massive amount of sell orders at 12 and 13 sats make that impractical. It may take weeks to sell it back for BTC with this volume and who knows what the fuck happens with prices then. The arbitration bots are simply re-adjusting based on the ETH/$USD pairing and are set to keep the price topped out around $0.0005

>> No.12217711

holy fucking shit someone is dumping hundreds of millions

what the fuck

>> No.12217842

>>12217654
They just market sell at 12 any time the eth pairing goes out off wack with the the BTC pairing. The only reason the eth pairing was so high in the first place was because eth decoupled from btc and dumped, this caused a huge eth spike in every coin with an eth and btc pairing. Look at the eth charts. every coin that has an eth and btc pairing is down right now, its all chengpeng's bots arbitrage trading. The only coins that arent down are those that were on a natural price pump on their btc pairing.

Holo is a weird coin though because the eth pairing is dictating price action because the BTC pairing is too small for movements. But its also subject to the fluctuations of eth itself. What this means is the only way to properly read and understand holo charts is to view the btc pairing as the over all value. while the eth pairing is indicative of price action but not actual price and if eth is moving independently of btc it becomes useless

>> No.12218653

>>12217842
ITS LITERALLY OVER LLLLLLLLLLLOOOOOOOOOOOOLLLLLLLLL