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/biz/ - Business & Finance


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File: 18 KB, 413x240, binance vs coinbase price arb.png [View same] [iqdb] [saucenao] [google]
17736736 No.17736736 [Reply] [Original]

sooooo, CZ definitely realizes we can all see him doing it, right?

>> No.17736807

>>17736736
yeah that's definitely some sketchy shit. I keep getting CB notifications, "CHAINLINK UP TO $2.90" then I check CMC and it says $2.40

>> No.17736852

>>17736736
> eth completely clogged so there's no arbitrage possible
> most links are on binance
> price get drop harder on binance

>> No.17736877

Pic related too.
It's impossible to place buy orders at $0.0001.
Binance manipulated their own backend to make this happen, and anyone who happened to be market selling at this point got reamed.

>> No.17736913
File: 93 KB, 1088x526, jumping the shark.png [View same] [iqdb] [saucenao] [google]
17736913

>>17736877

>> No.17737088

>>17736877
that was a fat finger
one guy sold +400 000 link the price wicked for lest than 1 sec, cleared the whole order book then bots immediately re-staked it
margin traders didn't even get hit with liquidation because binance require the price to stay low for a longer period of time before triggering, you would have been rekt on bitmex for example
I'm not a binance shill you guys are just seeing conspiracies where they are not

>> No.17737139

>>17737088
It can't indicate that low on the chart without someone actually buying at that level.
But you cannot do that using the Binance front end.
Ergo, someone made it happen from within.

>> No.17737156
File: 24 KB, 870x490, mt-gox-bitcoin.jpg [View same] [iqdb] [saucenao] [google]
17737156

>>17736736
Binance is the new Mt.Gox

Ya'll gonna get Chink'd

>> No.17737161

Fucking deluded retarded linkies "blaming other conspiracy theory" shit
Neck yourself you fucking mentally ill retards, you deserve to be poor

>> No.17737177

CZ traders are just butthurt about people getting 1 cent link so they're being more stingy.

>> No.17737189

where can I see the index or mark price of Chainlink?

>> No.17737211

>>17737161
Try setting a buy at 0.0001 right now.

>> No.17737228

>>17737156
Funds safu since 2017

Fuck off shilllllls

>> No.17737237

>>17737211
i can set the buy through a bot when the price is 1$ retard

>> No.17737273

>>17737211
Bots market buying the dip caused that

>> No.17737279

>>17737139
because it literally went to zero not 0.0001 as indicated
I saw it live the guy market sold ~400 000 links, nobody "bought", it was just one guy selling into the buy orders, the whole order book was cleared

>> No.17737377

>>17737237
>>17737273
It has to be within 30% of the current price level on Binance.
This rule was implemented specifically to prevent this type of wicks.

>>17737279
>nobody "bought"
If nobody was buying that low, then the wick wouldn't go that low.

>> No.17737402

Anyone still using og binance in the usa?
Funds still safu

>> No.17737431

>>17737228
newfags OUT!

Mt.Gox was like Binance, Finex, Stamp and Kraken put together. It was the ONLY exchange with high volume fast moving trades. Anyone who was remotely into trading had a Gox account. Only Hodlers stayed away from it. Even then most people got their first coin on Gox and left it there.

Binance aint shit in terms of size to not be able to pull an exit scam like Gox.

>> No.17737469

>>17737161
Eat bat soup.

China caused the corona virus and the chinamen are rigging their own exchange just like the Chinese Communist Party rigs their economy while stealing intellectual property.

The Chinese elite should all be rounded up and tried and shot in the fucking head.

>> No.17737535

>>17737377
>If nobody was buying that low, then the wick wouldn't go that low.
omg you're fucking retarded
0.0001 is the minimum displayed price on USDT pairs, it cannot display zero the guys literally cleared the entire book
why is that so hard to understand holly shit

>> No.17737676

>>17737535
You have to actually sell to a buyer at that price to make it register on the candle you dimwit.
You think candles just sink from the gravity?

>> No.17737856

>>17737676
jesus christ, his order was more than the entire order book, when every order was filled the candle basically went to zero
even if the lowest price sold was 0.01 the candle still went lower because he literally tryed to sell more
as I said it should display zero but the chart doesn't do that

>> No.17737925

>>17737856
>when every order was filled the candle basically went to zero
That is not how it works.

Once again, you have to actually sell to a buyer at a certain price for that price to register on the candle.
Candles do not go places because of gravity, momentum, inertia, ...

>> No.17738026

>>17737925
ok bro, just keep that thin foil hat on your head, try not to fall of the edge of the earth and be careful for the cia man trying to snatch your 4th industrial revolution erc-20 shitcoins

>> No.17738037

>>17736736
pull your fucking link out from binance,
the chink is using YOUR link to suppress the price

>> No.17738117

>>17738026
This isn't tin foil anything.
If you're not actually selling to a buyer, there is no transaction and it doesn't count towards anything.

>> No.17738158

>>17738026
I watched the 400k market sell in real time. The bots pulled their sell walls and scooped up at least 200k at .0001

>> No.17738201

>>17738037
no he isn't. shitlinks price is way overinflated for the zero product it offers.

get rekt chainfag

>> No.17738240

>>17738158
bullshit, my bot registered a 1$ link price. That's it, you can't check every 1ms and cancel orders and put new orders in the timespan of 1 sale;

>> No.17738289

>>17737377
This fucking retard kek. Even if you can’t place an order lower than 30% of current price, you do realize there are computer programs that can place orders in less than a second? And they’re monitoring prices all over the board, so it’s completely retarded that you think this is a trick by CZ

>> No.17738329

>>17738289
>you do realize there are computer programs that can place orders in less than a second?
See >>17738240

>> No.17738363

>>17738158
BS this was literally a 1sec fat finger wick
there was never an sell wall at that price, it was all market selling

>> No.17738407

we can conclude though that somewhere some dude lost a shit ton of money

>> No.17738417
File: 121 KB, 344x284, 1535074330204.png [View same] [iqdb] [saucenao] [google]
17738417

>>17736736
>Doesn't know the marginal difference between USDT and USD
The absolute state of Stinkers.

>> No.17738450
File: 35 KB, 559x598, 1581292650250.jpg [View same] [iqdb] [saucenao] [google]
17738450

>>17738289
>it is a truck by cz.
This. Soulless fucking insect that he is.

>> No.17738470

>>17736736
anyone able to withdraw from coinbase? 4 hours and my withdrawal still not confirmed

>> No.17738492

>>17737088
Wait one person market sold 400k link?

>> No.17738567

>>17738407
If a market sell clears out the books then if will remain at the lowest possible value .0001 until buy orders come in

>> No.17738625

>>17738492
yes at least
the buy wall must have been stretched thin by the hours of dumping before that

>> No.17738635

>>17738567
lmao no
It stays at the last concluded buy.

>> No.17738699

>>17738240
>buy orders spread to lowest limit possible
>your bot gets pinged upon order clearing
>spreads to lowest limit again
What is recursion

>> No.17738784

>>17738635
Which was .0001

>> No.17738787
File: 80 KB, 826x600, 1579734732855.png [View same] [iqdb] [saucenao] [google]
17738787

WOW WHAT A (((COINCIDENCE)))

>https://www.binance.com/en/support/articles/360040548971

This trading competition for LINK/USDT (of all possible pairings) is about to end in 9 hours!
Just another funny well timed coincidence!

>> No.17738792

>>17738784
Yes.

>> No.17738959

You’re also blaming cz which by extension just means the exchange but it could have been a trader whose own bot did it and took both sides of the orders after the book cleared

>> No.17739339
File: 6 KB, 240x240, 1f55ac05.jpg [View same] [iqdb] [saucenao] [google]
17739339

>>17738201
seething cope nigger
even after todays crash, i'm still up 8x from my initial

>> No.17739396
File: 614 KB, 1497x892, cz binance manipulating chainlink ath down maintenance.jpg [View same] [iqdb] [saucenao] [google]
17739396

>>17738959
CZ has a "history"