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/biz/ - Business & Finance

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25252575 No.25252575 [Reply] [Original]

>we are reorganizing our treasury and balancing our crypto/dollar ratios
rest assured, these will be sold thoughtfully and not all at once in order to minimize market impact

>sold thoughtfully and not all at once
uhhhhhhhhhhhhhh
this is the top

>> No.25252645

Bitfinex are desperate scammers, if they are in such dire straits they need to market dump to balance their books then it's good for bitcoin long term. They'll basically just be selling their allocation to Grayscale or Microstrategy, who are far more responsible custodians.

>> No.25252700

its literally over

>> No.25252720

>>25252645
This.
Perfect time to buy the dip. The last scammers are about get shaken out

>> No.25252777
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25252777

>>25252575
> They're having BTC liquidity problems

>> No.25252783

>>25252645
>>25252720

Weird cope, but ok.

>> No.25252852

>>25252575
Finally the dump I've been waiting for.

>> No.25252891

>>25252645
do you even know what rebalancing is

>> No.25253093

HOLY SHIT
This is the dip you've all been waiting for. 21k confirmed?

>> No.25253215

>>25252777
Checked

>> No.25253262

1 billion dollars worth of btc wont move the market significantly, its the panicking retards selling that will.

>> No.25253303

Without any irony, this is a good time to open a short.

>> No.25253308

they are fomoing into chainlink and there is not enough volume on the btc/link pair so now they need to sell btc for usd to buy on the link/usd pair

>> No.25253400
File: 263 KB, 2556x978, saint-saylor.png [View same] [iqdb] [saucenao] [google]
25253400

>>25252645
>Microstrategy
>Responsible

pick 1, even their execs are bailing out of the stock after Michael's latest dumbass idea of taking on convertible notes so he can get hearts on Twitter by announcing they bought bitcoin

>> No.25253423

>>25252575
BTW it's a fake account lol https://twitter.com/paoloardiono?s=20

>> No.25253524

>>25253423
good eye

>> No.25253567
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25253567

INSTITUTIONS WILL GOBBLE THIS UP

>> No.25253611

>>25253400
they're probably unironically buying BTC for themselves. His entire board is all-in on BTC as a future-proof store of value; they're trying to buy before the institutional money rolls in Q1 2021.

>> No.25253657

>>25253423
>Joined December 2006
Not fake

>> No.25253710

>>25253657
it's fake retard

>> No.25253730

>>25253657
yea but the real one Joined January 2010

>> No.25253767
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25253767

>>25252645
confirmed

>> No.25253781
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25253781

HUEG BUY SIGNULLL
BUY BITKORN NAAAOOO!!!

>> No.25253808
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25253808

>>25252575
Cheap bitcoins soon?

>> No.25253809

>>25253611
>Institutions buying bitcoin because institutions are gonna buy bitcoin because institutions are gonna buy bitcoin

Checks out

>> No.25253839

>>25252575
the tether scam is paying off
>print billions in unbacked tether
>buy btc with fake money
>pray to god someone is dumb enough to now buy your btc with real money
>enter michael saylor

>> No.25253884

>>25252575
tether scam unrevels?

>> No.25253953

>>25252575
its over in a sense but also there are algorithms optimized to buy/sell shit and have the lowest possible impact (lookup: Almgren-Chriss
order-splitting algorithm)

>> No.25254085

>>25252575
wait nvm thats a fake paolo lol

>> No.25254089

>>25252575
In case no one understands dollar/crypto ratio means dollar/tether ratio. Like we all have said they have printed unbacked tether, now they have to sell buttcoins to cover their asses. This has to happen before january 15th.

>> No.25254128

>>25254089
so is it time to sell? you think btc is gonna go up any more before then?

>> No.25254222

>>25254085
<tfw fake paolo causes btc to drop from 27000 to 26700 in less than half an hour

KEK, 6/10 FUD

>> No.25254280

>>25254128
It is hard to say because who knows how big the gap is. If it several billions then the market will take a hard hit. It is clear by his wording however that they will sell at least some of their buttcoins on their exchange, so the whales are not ready to take on all of Bitfinex’s buttcoins.

>> No.25254338

>>25254222
Checked

>> No.25254718

>>25253567

I want to punch this dude so fucking much

>> No.25254785

>>25254128

Since tether scam reveal i believe they stopped printing unbacked tethers.

Since close to 70% is backed.

From 2018 dump until today they were selling bitcoin for real money to not implode the market

>> No.25254845

if he really sells, why would he annouce it so the price dumps in anticipation. dumb move, but no they are acutally manipulating markets with statements like that