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/biz/ - Business & Finance

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29385452 No.29385452 [Reply] [Original]

So why the dip is happening? I mean, what is the reason behind it?

>> No.29385616

>>29385452
you

>> No.29385664

retard musk tweets + correction from bitcoin's recent explosion

>> No.29385700

>>29385452
First time?

>> No.29385808
File: 19 KB, 400x400, 1609322549637.jpg [View same] [iqdb] [saucenao] [google]
29385808

>>29385452
Because either pee pee or poo poo

>> No.29385875

>>29385452

A minor dip triggered a chain of sell orders that caused a flash crash to 46k.

The dip got bought up within minutes and we're back to where BTC was 3 days ago. These paper handed pussies will not have to buy back in much higher, which will further drive the price up again (at their cost, lol).

Nothing to worry about.

>> No.29385878

>>29385452
parabolic growth is unsustainable perhaps

>> No.29385921

>>29385452
Because Daft Punk broke up.

>> No.29385967

>>29385452
Why is he so small??

>> No.29385976

>>29385452
number go up, number go down

>> No.29386015

>>29385921
truth

>> No.29386016

>>29385452
>So why the dip is happening? I mean, what is the reason behind it?

IF YOU CAN EXPLAIN TO ME WHY THE PUMP HAPPENED AND WHAT THE REASON BEHIND IT WAS THEN YOU WILL UNDERSTAND THE ANSWER TO YOUR OWN QUESTION

>> No.29386035
File: 765 KB, 1668x870, 1613167394369.jpg [View same] [iqdb] [saucenao] [google]
29386035

>>29385700
Yes. I'm a bit scared but I will just hold. It would be beyond retarded to sell at a loss, since then what would be the point in investing to begin with? plus, it's money I can afford to lose, which /biz/ showed me is an important aspect behind the psychology of holding.

>> No.29386197

>>29385967
He is on his knees, getting used to it

>> No.29386228

>>29385452

when leveraged longs start to sell, it went vertical.

when there are no more aggressive sellers it bounced.

this is what is called dead cat bounce, by the way

>> No.29386264

>>29385921
>Daft Punk broke up
it's real holy shit

>> No.29386268
File: 97 KB, 750x906, 1553090625599.jpg [View same] [iqdb] [saucenao] [google]
29386268

>>29385921
*cracks sip*

Damn.

>> No.29386281
File: 69 KB, 1000x753, 1613230276948.jpg [View same] [iqdb] [saucenao] [google]
29386281

>>29386016
Pumps can have both "organic" or natural causes (like, a product trully has innovative features, or it have a good shot at being the "next big thing") or be merely PnD (the price went up because a bunch of whales manipulated the market) so I'm not sure how does that answers anything.

>> No.29386312

>>29385452
1.5 bn Whale sellof. More incoming.

>> No.29386338

>>29385452
Literally nothing and it isn't a big deal unless you panic sold. Scale back the charts to 1yr and you'll see its just a blip.

>> No.29386373
File: 346 KB, 936x936, 1517541208423.png [View same] [iqdb] [saucenao] [google]
29386373

>>29386035
damn dis boi gunna make it

>> No.29386431

>>29385921
Goddamnit

>> No.29386454

>>29386035
Okay, enjoy your first dip fren.
There will be more but just hold and stay strong.

>> No.29386461

IT HAPPENS TO MAKE FAGGOTS LOSE THEIR WAGIE MONEY

>> No.29386536

>>29385452
>WHY NUMBA NOT GO UP FOREVAH?
Are you 12 years old or something? Jesus christ dude

>> No.29386600

>>29385921
if this isn’t bearish i don’t know what is

>> No.29386618
File: 26 KB, 660x546, 1614002680969.jpg [View same] [iqdb] [saucenao] [google]
29386618

>>29385452
>american minorities wake up
>check their bitcoin stock poorfolio
>panic sell everything at market
>head out the door to another 12 hour day at the amazon warehouse
i hate them so much, i really do.

>> No.29386665

>>29385452
Because lil bitcoin stocks don't go up forever.

>> No.29386681

>>29385808
Just wait til he see pee pee poo poo

>> No.29386700

just hodl idiot

>> No.29386805

>>29385921
This

>> No.29386817

>>29385875
Were you perhaps being a bit devilish and spreading some fud all around during the dipping?

>> No.29387051

>>29386536
I mean, it's perfectly reasonable to ask why things happen. Not all dips are created equal.

>> No.29387124

>>29385921
That's the saddest news I've read all day. Man I used to be a huge fan back in 2011.

>> No.29387204

>>29385452
You're going to lose your mind if you try to explain every little move a market makes. Just relax

>> No.29387209

>>29385452
I sold the absolute top 70% of my BTC, took some juicy fiat profits. Then sold early/mid into this dip.

Looks like this could be a dead cat bounce. Or just an extremely anomalous blip. However, we were on par for a bit of a correction at some point. Before maybe turning around and going up parabolically again.

>> No.29387217

>>29385452
It's just a correction before the next pump in the ongoing bullrun. Did you really think we were going straight to $100K without making a few pit stops?

>> No.29387226

People are selling.

>> No.29387236

>>29386228
Number go down more?

>> No.29387360
File: 232 KB, 1280x944, 4a0d239242d9736f77fe32bd400db1ca.jpg [View same] [iqdb] [saucenao] [google]
29387360

>>29387124
>mfw all this life I thought they were black
>they're actually white and look like dorks
Don't know how to feel about this.

>> No.29387375

>>29385452
Price goes up, price goes down
>>29387236
Nah

>> No.29387452

>>29386035
true, but there's another aspect to it. if you think it will drop more before recovering you could sell and buy more at the dip.
a bit risky though cause it happens so fast and you could miss your sell point on the way up

>> No.29387497

>>29387360
left one isn't white, thats an arab

>> No.29387523

>>29387360
??
blacks cant make that kind of music videos

>> No.29387585

>>29387497
>>29387360
>urraround da raurd, urau raudurr

>> No.29387806

>>29387452
It certainly is a possibility, but since I'm new to this I just don't have the knowledge to pull it off. I could end up doing it by pure dumb luck, but I'm not feeling lucky today, and based on what I've read, this sort of corrections after a pump tend to happen. I think the market will correct itself by going up, in a couple of hours or even days.

>> No.29387914

>>29385921
shit this sucks

>> No.29387922

>>29387051
Because a dump was overdue, look at the charts for 1 second
The market doesn't allow anyone making money. Normie fags were fomoing in the last days and they needed to be shaked out

>> No.29387974

>>29387360
>only niggers can make good music
this is your brain on USA

>> No.29388042

>>29387922
>the market doesn't allow everyone to make money*

>> No.29388136

>>29385452
Gamestop

>> No.29388185

>>29385452
Mt. Gox released their BTC

>> No.29388202

>>29385452
number too big, now number must go down

>> No.29388217

>dip will be over before tomorrow and i wont get a chance for discount cryptos

>> No.29388222

buying the dip only works if it's a true dip compared to your cost average

buying btc dip at 40k when your cost average was $3000 is not buying the dip. it's called being a mega fucking retard

>> No.29388237

>>29387974
Well most of their songs are just samples from black artists. Hell harder better is just a unchanged instrumental with lyrics added

>> No.29388274

Overnight treasury bond volatility was very high immediately after tbond futures opened. Traders don't usually do shit until they get to their desk at 9 am in their local time. Most btc traders are east coast us
The regained stability was from legarde saying she's looking at long bond yields. Even though its only euro bonds shell buy the us bond traders felt easier and bid back up

>> No.29388383

>>29386536
OP actually seems reasonable, you autistic faggot kys

>> No.29388434

>>29387806
I'm also new and I also have only about $1k so I don't care too much

>> No.29388461
File: 2.31 MB, 2555x3000, BHS.png [View same] [iqdb] [saucenao] [google]
29388461

>>29385452
People are cashing out of the crypto scam because the COMEX is about to default. Buy silver and silver miners like BHS.

>> No.29388506

>>29385616
This, but unironically. I haven't seen this many impersonated sell signals posting here since ... forever.

>> No.29388832

>>29385452
It's called a correction you newfag, this always happens. This correction can result in a serious bear market like it did in 2018 though.

>> No.29388939

>>29388832
A correction isn't a 10 second sell off you retard

>> No.29389001

>>29386035
smart move but don't be delusional at the actual peak at 150k+

>> No.29389047

>>29385452
Just a correction. We had this many times in 2017

>> No.29389195

>>29388939
A correction can last days or even weeks you ignorant fuck.

>> No.29389281

>>29385452
i bought i'm so sorry guys.

>> No.29389284

I heard it could be a bitcoin miner group shorted bitcoin at the top and dumped a ton of their bitcoin on to the market which started the crash

>> No.29389479

>>29389284
>b-but what about muh decentralization!!?

>> No.29389565
File: 134 KB, 605x795, 1494067887713.jpg [View same] [iqdb] [saucenao] [google]
29389565

>big boy make money
>big boy want to get money out
>big boy sell lots of funny money
>funny money price go down
>big boy want to buy again
>he sells yet more to make funny money cheap
>funny money is now cheap
>big boy scoop up cheap funny money and keep the in between for himself and do cocaine & hookers

There you go, spoonfed your little newfag ass. You're welcome.

>> No.29389569

>>29386197
lol

>> No.29389596

>>29387922
>watching 1 second charts

>> No.29389752

>>29385921
NOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO FUCK YOU FUCKING FAGGOT

>> No.29389834
File: 44 KB, 493x486, 1588317914174.jpg [View same] [iqdb] [saucenao] [google]
29389834

>>29385921
Really?

>> No.29390334

Tether

>> No.29390523

>>29387360
Dunno what that pic is, they're robots anon.

>> No.29390671

>>29385452
The Chinks did it.

F2Pool is a chink mining company that just had massive outflows. They probably went leveraged short and then dumped their BTC all at once.

>> No.29390800

>>29386600
Double dubs, bear market incoming

>> No.29390840

>>29385452
chink price manipulation

1 upvote = 1 gassed chink bugman