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/biz/ - Business & Finance

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16394494 No.16394494 [Reply] [Original]

>Saw the Upbit hack announcement
>Shorted ETH @ 142
>ETH starts pumping instead
mfw I realize yet again that this market is rigged

>> No.16394532
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16394532

>>16394494
Hack eet.
Make him think it will dump, then stake eet when 2.0 comes out.

>> No.16395229
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16395229

>>16394494
Another proof that bobos are retards , every exchange hack has caused A PUMP.

Why?Game theory again comes to pump cryptos , if exchanges are hacked the hackers can't sell them fast due to being followed so all of the sudden liquidity disappears of the market causing the price rise.

Binance hack of 7000 btc this year caused a massive pump.

>> No.16395746

>>16394494
You got BOGGED

>> No.16395758

>342k ETH taken out the market
>somehow you believe this is bearish
I really don't understand you people

>> No.16395803

>>16394494
so...dude....that market place where eth was sold just lost all their supply and they publicly announced they will buy more from other assets to cover....
Do you understand why your gov schools have done you a complete disservice. You stupid faggy commies cant even think!!!!

>> No.16395811

I sold.

>> No.16395821

>he shorted when 50mln mETH was taken of the market indefinitely.
Who actually goes?
>Oh shit, these people left their money on an exchange and the exchange is hacked and they lost everything so I better sell now before ''???"'

>> No.16395840

i kinda understand op's reasoning, he thought the hacker would dump immediately
but you have to understand there's no "hacker". it's the exchange taking some profit quietly. they'll unload slowly with their friends' OTC services

>> No.16395844

>>16394494
hacked means those coins are basically out of circulation u dumb n i g g er
lower supply = higher prices
u dumb n i g g er

>> No.16395858

>>16394494

Why the fuck would it tump price on 50 mil hack?
You think someone can dump 50 mil on any cex just like that lol

>> No.16395870

>>16395840
You cant dump 50 mil, there is contract adress 0 cexes not going to lock him out moment funds touch cex...
You need multyyear plan how to mix shit and dump it in steps lol

op's reasoning is retarded

>> No.16395881

>>16394494
>he thought the eth would be instantly dumped on the market

>> No.16396320

>>16395229
>Another proof that bobos are retards
as if we needed any further proof
still, being continuously vindicated isn't bad either

>> No.16396335
File: 488 KB, 1920x1280, todayishall.jpg [View same] [iqdb] [saucenao] [google]
16396335

>>16394494
>not realizing hacks are bullish representing the project has enough interest to target it

>> No.16396347

>>16394494
>reacting on the news EVER

>> No.16396368

>>16396347
lmfao this

only the most retarded retail plebbitniggers make trades based on crypto news outlets

>> No.16396532

>>16394532
Fpbp

>> No.16397215

>shorting literal who needs instead of longing eth blog post

wew lad