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/biz/ - Business & Finance

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19671244 No.19671244 [Reply] [Original]

What you folk call "Whale" here. I'll let you in on some foreplanned knowledge, two european billionaire relatives are about to order their two blue chip publicly listed companies to dump all Bitcoin holdings, amounting to a value in the region of USD$1 billion between those businesses. The coins will be sold off over a period of 24 hours which began an hour ago. My own analyst predicted a price drop of approximately $5-6000 perBTC bringing it down to around that per coin. This could possibly trigger a slightly higher short term drop to $4000 per coin. This is the death of cryptocurrency as we know it, and bitcoin will trade between 4000-10000 for a further 3-4 weeks before tapering out to around $10-20 per coin.
My family own sixteen banks in the EU, and I can confirm the information above is true.

>> No.19671945

>>19671244
Which two businesses?

>> No.19671999

thank you sir I just dumped

>> No.19672275

lol

>> No.19672351

Thanks to those two Idiots. Hopefully they will never buy again !!! ...... and you stupid boy, say good bye to your useless banks.