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/biz/ - Business & Finance

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57796825 No.57796825 [Reply] [Original]

"ETF" is the same as "corona dump" and "FTX crash" -- people who think that dump in 2020 happened due to the meme virus and think BTC dropped to 15.5k because of FTX, those very same people also think Bitcoin pumped due to the ETFs.

>> No.57796881

enlighten us nigger

>> No.57796919

>>57796881
Nah he's right. Narratives are ad hoc reasoning as to why the market moves... or something like that

>> No.57796948

>>57796919
so it's all just whales buying or selling and creating narratives to give themselves cover so normies do not see that the markets are all just whale manipulation games?

>> No.57797074
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57797074

>>57796948
Essentially yes. They invent fake stories while wykoffing the public or whatever

>> No.57797081
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57797081

>>57797074
>whipsaw

>> No.57797086

>>57796825
It dropped due to rone you nigger, literally every market dipped the same time, even i panicked, but bought bat and eth in the meantime, bcoze i am a.badass.

>> No.57798053

>>57796919
>>57796948
>>57797074
One of the most bizarre examples of this is the "Elon Musk added Bitcoin to his twitter profile and that's why BTC suddenly started gigapumping just as it was about to fall through a critical support which if it had failed would've caused further megadumpage... Elon Musk heckin saved Bitcoin! It's all suddenly gigapumping thanks to him!"

>> No.57798091
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57798091

>>57797086
>It dropped due to rone