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/biz/ - Business & Finance

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4263009 No.4263009 [Reply] [Original]

BTC @ 7500
B2X @ 1500
=9000

Somehow BTC is now at 7200 and not 9000. Please explain why.

>> No.4263015

See >>4262919

>> No.4263017

>>4263009
btc is overvalued and needs a correction. that's why

>> No.4263029

WE ARE THE SX2 MARINES AND WE ARE NOT SELLING... BECAUSE WE LITERALLY CANT

>> No.4263032

>>4263015
By what magical mechanism would USDT pump BTC? You do understand people sell BTC to buy USDT because they anticipate BTC losing value against USD

>> No.4263068

>>4263032
Let me explain you brainlet, the FUD against Bitfinex tethers is that they dont have enough fiat to back up the amount of tethers they print out. Some believe that Bitfinex is a huge whale. If the FUD is true then they can go on an infinite long position enough to raise billions in BTC's marketcap get it? Then they dump on the people that FOMO because of the pump they started.

>> No.4263100

>>4263068
SHUT IT DOWN. OY VEY!
>>4263032
>>>4263015
>By what magical mechanism would USDT pump BTC? You do understand people sell BTC to buy USDT because they anticipate BTC losing value against USD
Just like in fiat monies. BFX tethers aren't backed by shit

>> No.4263110

>>4263100
This conspiracy is chemtrails tier

>> No.4263209
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4263209

>>4263110
Found the jew. You think its a coincidence BFX are exiting the market? They don't want the SEC, the only serious auditor in the world, in their books

>> No.4263412

>>4263009
because you only get 2x coins for the amount of bitcoin you happened to have at a certain time when 2x took the snapshot to go on from.

>> No.4263625

>>4263009
Nice, would racemix/10

>> No.4263641

>>4263009
You're doing it wrong.

BTC was at 7'500 because the 1'500 were FREE.
That means btc price was 6'000 + 1'500.
That's were it's going.

>> No.4263983

>>4263641
Doesn't make any sense

>> No.4264052

>>4263983
People were ok to buy btc at 7'500 because they knew they would have 1'500$ bonus for free.

People wanted to sell their 1'500$ worth of s2x, that means they spent 7'500, sold their s2x for 1'500, only spent 6'000 and still had a full btc.

Are you indian ?

>> No.4264057

>>4263983
it fucking does. he's saying futures had b2x at 1500, you were to get a b2x for having a btc, not anymore though