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/biz/ - Business & Finance

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File: 57 KB, 599x315, 92867740_3162525427100476_5929624023427186688_n.jpg [View same] [iqdb] [saucenao] [google]
18368964 No.18368964 [Reply] [Original]

Is he right?

>> No.18368991

>>18368964
yes, math is always right

>> No.18369004

>>18368964
I believe everything this man said because it's exactly what I want to hear.

>> No.18369017

>>18368964
$400m new money in tether is literally a slow weekend these days

>> No.18369028

>>18369017
kek

>> No.18369035
File: 49 KB, 1208x451, muhhalvening.png [View same] [iqdb] [saucenao] [google]
18369035

>muh halvening

'member LTC?
I 'member

>> No.18369052
File: 185 KB, 1846x535, bitcoin_investors.png [View same] [iqdb] [saucenao] [google]
18369052

>> No.18369058

I don't get it.

How can a currency have cash inflow? And remain the same value on top of that?

>> No.18369063

>>18369058
cash outflow?

>> No.18369089

>>18369035
>oh nooo 3%
>>18369058
miners need to pay bills

>> No.18369099
File: 131 KB, 396x385, 1500968512182.png [View same] [iqdb] [saucenao] [google]
18369099

>>18368964
We can already see the volume on the charts. This guy is a complete idiot and has zero how the market works.

>> No.18369100

how much of the 400m is actual fiat? a fraction I would bet, rest is fake tether to pump the scam

>> No.18369106

We lost a thread for this

>> No.18369112

>>18369099
zero idea on*

>> No.18369122

>>18369063
ok, i got it.
Is that a real thing - the value of a currency is directly correlated to the amount of its total IN/OUT exchange that occurs? That doesn't sound real.

>> No.18369127

>>18369099
>trusting volume figures
Ah, a newfag, still struggling to comprehend the idea of /unregulated markets/ I see?

>> No.18369137

>>18369035
btc halvening never pumped it's price on the same day you fucking retard, indeed on 9th july 2016 bitcoin actually dumped, it always pumps a year after that

>> No.18369142

>>18369127
Versus some twitter user with numbers pulled out straight of his ass? Retard.

>> No.18369154

>>18369137
this, we need to wait 6 months before GBR starts

>> No.18369203

>assuming all trading is zero sum
>assuming all trading is zero sum
>assuming all trading is zero sum
>assuming all trading is zero sum
>assuming all trading is zero sum
lol

>> No.18369459

>>18369127
well the real number can only be lower so this isn't helping op's case

>> No.18369472

>>18369137
halvening never pumped the price, it was always whales manipulation

>> No.18369581

>>18369122
In/out exchange is the definition of supply and demand setting the value of something.

>> No.18369609

>>18369089
>miners need to pay bills
large mining operations don't live paycheck to paycheck. they usually have enough breath to wait for favorable market conditions, and thus the entire premise of this tweet is bogus.

>> No.18369662

yes moon

>> No.18370383

>>18368964
>he doesn't know that the elites are the ones behind the 400M accumulation

>> No.18370519

>>18368964
No, because newly minted BTC accounts for a fraction of the traded volume. The price of BTC is driven by speculation. The effective supply of liquid BTC (the btc you can buy) is decided not by miners but by holders who decide on trading or continuing to hold. If the market is bullish, people will not want to sell BTC, so the effective supply is reduced, making it much easier for the price to go up. If the market is bearish, people will be willing to sell BTC, flooding the market with BTC driving the price down.