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/biz/ - Business & Finance

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13632399 No.13632399 [Reply] [Original]

>/biz/ overran with newfags and permabulls
>cryptoblogs unironically calling this golden bull or """next 2017 bull run"""
>volume is gone
>can't even withdraw on the largest exchange
how is this anything but a fucking bullshit trap?

>> No.13632409

>>13632399
>volume is gone
its literally at ATH faggot

>> No.13632425

>>13632409
no it's not you idiot. look at one fucking chart comparing today to Dec 2017

>> No.13632459

>>13632409
the absolute state of crypto "investors"

>> No.13632502

>yet another bull flag is being painted
>yet another pump on the horizon
10k End of May

>> No.13632507
File: 24 KB, 479x451, 2019-05-13_2238[1].png [View same] [iqdb] [saucenao] [google]
13632507

>>13632425
>>13632459
>hurr durr no voluum

>> No.13632515

>>13632507
>has no idea what wash trading is

>> No.13632528
File: 91 KB, 490x341, 1533648864637.png [View same] [iqdb] [saucenao] [google]
13632528

>>13632515
>b-b-but its fake

>> No.13632542

>>13632515
wash trading like in 2017/2018?

>> No.13632546

>>13632528
yea Bitwise was just lying when they found 72% of transactions were wash-related

>> No.13632548

>>13632507
>>13632528
CMC you retard.
look at spot volume.

>> No.13632555

>>13632515
Wash trading has been going on for years. Nothing has changed.

>> No.13632565
File: 64 KB, 1874x889, D6S_UyCUIAI94oj.png [View same] [iqdb] [saucenao] [google]
13632565

coinbase and gdax are leading the rally brainlets

>> No.13632569
File: 227 KB, 744x266, 2019-05-13_2244[1].png [View same] [iqdb] [saucenao] [google]
13632569

>>13632548
>durr look at shpot voluum

>> No.13632598

>>13632399
>overran
You want the past participle there, which is overrun.
If you're so sure, why don't you short maximum and then come back crying about how irrational and manipulated the market is?

>> No.13632605
File: 83 KB, 1293x580, btcvolume051319.png [View same] [iqdb] [saucenao] [google]
13632605

>>13632565
yup leading the rally alright

>> No.13632655
File: 91 KB, 750x750, serveimage[1].jpg [View same] [iqdb] [saucenao] [google]
13632655

>>13632605
>cant even draw proper arrows
the absolute state of low-volume-fudders lmao

>> No.13632724
File: 152 KB, 2059x833, vol.png [View same] [iqdb] [saucenao] [google]
13632724

>>13632605
it's even worse if you look at tdv.
you can't show volume by btc volume because it changes based on the price all the time.
you have to denote it in an absolute term - USD. which is why TDV is the better volume indicator.
so basic yet so many on /biz/ don't even know.
tried to get similar scale but look at the volume now.

>> No.13632741

>>13632515
If you make millions of dollars, do you really give a shit if its real volume or wash trading?

>> No.13632782

>>13632741
If you want to know your profit taking exit point, yes. If it’s real, you can hold longer until it peters out. If it’s all wash trading, you need to cash out right before the wash traders do, because they intend to dump it.

>> No.13632940
File: 9 KB, 738x128, 1557193334824.png [View same] [iqdb] [saucenao] [google]
13632940

>>13632409
most volume is fake. Look at the markets tab, full of noname exchanges nobody actually uses.
Real volume is much lower.

>> No.13633023
File: 119 KB, 1819x728, vol.png [View same] [iqdb] [saucenao] [google]
13633023

coinbase tdv.
every bull run starts with a tiny bit of volume and inches up and up until it explodes like dec 2017.
but I think we're due for a pullback soon. I can be wrong but the big volume claims are misleading.

>> No.13633095
File: 18 KB, 637x631, 1512502227479.png [View same] [iqdb] [saucenao] [google]
13633095

>>13632724
>you can't show volume by btc volume because it changes based on the price all the time