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/biz/ - Business & Finance


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4618908 No.4618908 [Reply] [Original]

What's your predictions of timing and what are you basing it on?

I'm especially curious about guesstimates on when bitfinex will be done selling off the bitcoin they are exit scamming with while keeping the price afloat with tethers and exchange manipulation. Considering revelations, decreased trust in them, the ramping up of more tether, and their funky big withdrawals to new addresses, I'd say they are well underway, but there's a lot of user value on bitfinex to siphon off so when they are going to be done is beyond my ability to predict.

The start of recent price spike being led by Bithumb instead of tethers. Is that indigenous korean fomo or the BCH gang pumping BTC as the starting point to something else?
When it started to drop again, 50m new tethers were minted that day 20m and then 30m, and it started to go up again towards 10k. So it's safe to assume tethers are keeping it afloat right now even if they didn't start it this round.

I'm shaking and it's hard to sleep these days. I just want it all to be over.

Any reasonable person can read the tea leaves and predict a crash, but when.

In this thread, give your best shot to predicting and explaining your predictions.