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/biz/ - Business & Finance


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File: 7 KB, 575x135, sellpressure.png [View same] [iqdb] [saucenao] [google]
52542016 No.52542016 [Reply] [Original]

>"In 1920, Charles Ponzi was indicted by a Federal court and sentenced to life in prison. Despite that, a group of his victims held onto the hope that he would be released and deliver on his promises. They held onto their shares and refused to cooperate with Federal prosecutors who would redeem their shares for restitution rewards. Some of his former investors created a secondary market to buy and sell shares of Charles Ponzi’s company."

An ICP insider is probably selling half a million per hour in small chunks to avoid detection. That is why the ICP 1 day chart looks like a staircase instead of a ramp. Meanwhile people here are still holding onto hope of price change. When BTC pumps, ICP dumps so people can buy BTC. When BTC dumps, ICP dumps so people can tether up. When BTC crabs, ICP dumps because everyone knows BTC is a more stable investment than the death spiral known as ICP.

>> No.52542026
File: 30 KB, 955x508, staircase.png [View same] [iqdb] [saucenao] [google]
52542026

The staircase formation that I'm talking about in pic rel

>> No.52542061
File: 51 KB, 1363x556, Capture.jpg [View same] [iqdb] [saucenao] [google]
52542061

>>52542026
holy shit a bitcoin insider is market dumping for icp

>> No.52542070
File: 235 KB, 800x800, 1665516660890246.jpg [View same] [iqdb] [saucenao] [google]
52542070

Don't care, never selling.

>> No.52542666

>>52542070
Your choice.

>> No.52542688

>>52542070
You'll soon smoke cocks instead of cigars. Stupid baggoid.

>> No.52542945
File: 234 KB, 1284x539, 6BDE933D-6456-4DBE-8D34-7ABAE521AB0A.jpg [View same] [iqdb] [saucenao] [google]
52542945

>>52542016
BUYING you gay retard

>> No.52542978

>>52542016
>Bitcoin insiders are dumping to prevent ICP from mooning

>> No.52542996

>>52542666
>>52542688
Imagine caring this much about a coin that someone holds. Who gives a shit? You’re a fucking loser.