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/biz/ - Business & Finance

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15005960 No.15005960 [Reply] [Original]

>be whale
>post random optimistic price predictions
>force it into meme image
>use whale power to make price predictions come true
>when it "comes true" yet again in october 2019 people start to actually believe it
>keep helping to pump it to 21k around december 2019
>by now even hardcore skeptics start to lose reasoning and buy in.
>watch as mainstream news reports fuel bitcoin by reporting "bitcoin soars, finally broke 20k record"
>half way into january 2020 it actually looks like BTC will reach 29k USD
>whale finally sell 10 thousand BTC
>BTC price drops to 700 USD from the whale dump and the panic sales, including from other whales
>BTC price fizzles out as more and more sell and facebook's Libra gains more partners

>> No.15006011

Upvoted

>> No.15006033

>>15006011
Thanks anon!

>> No.15006047

>whale finally sells 10 thousand BTC
>wall gets absorbed by euphoric permabulls
>whale should have listened to his own prophecy

>> No.15006851

>>15005960
If they mark up the market over 20k, then 10k btc at that point would not dump the market more than 5-10%.

>> No.15007204

>>15005960
I was thinking the same thing about this theory. Very likely. They literally could dump into all the buy orders and clear the order books in one minute.

>> No.15007213

Why at 20k? why not now

>> No.15007226

Asuka, her power

>> No.15007261
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15007261

>>15005960
this board needs more smug faces

>> No.15007283

>>15005960

>be non whale
>post random price predictions
>make up fud story about previous whales to make predictions come true
>have no impact on market
>OP necks himself as he realizes he's a huge faggot