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/biz/ - Business & Finance

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7187717 No.7187717 [Reply] [Original]

Why is the market so shitty? What’s causing this?

>> No.7187851

>inb4 da jooz
>Though it really is the Jews

>> No.7187887

>>7187851
this. CME futures and CBOE futures.

>> No.7187931

People selling the bitcoins they bought previously, presumably at a higher price.

>> No.7188044

>>7187717
this bitch is a one trick pony; she does that face in literally every picture

i hope this dumb ironic weeaboo whore's face gets stuck like that

>> No.7188050

>>7187717

market is moved by bots. bots trade small amounts upping the price a bit over time until the people eventually join in the party and at the peak of the party there is a cash out...of those who bought before the bots upped the price

what is happening now is bots doing the same but in a reverse...coins accumulated for a later dumping fest

there is no new paradigm, there is no fighting the banks, there is no fiat liberation...the game is the same as it ever was

>> No.7188051

You being an idiot.

Just zoom out to the 3-month graph you insufferable. fucking. retards.

>> No.7188082

>>7187717
Everyone has started to think they're trading geniuses, so imagining they're in some american film drama where they short the entire market and walk out with billions, they began selling their positions to the pros, hoping to buy back at meager prices.

>> No.7188114
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7188114

>>7187717

>> No.7188128
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7188128

>>7187717
>>7187851

>> No.7188300

Investment in crypto is not based on crypto delivering value to anyone, in contrast to a stock or something where you hold a part of a company which (hopefully) is producing stuff and making money. Instead its price depends entirely on speculation which has over time been fueled by a feedback loop of people getting interested in crypto which causes prices to rise which in turn get more people interested. Essentially crypto has run out of people with capital to get interested.

The prices won't go higher unless there are new buyers and when people see the asset they were "promised" an over 100x return on feel cheated and have therefore sell.

>> No.7188679
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7188679

Not sure what it is about this thot, there's something alluring about that cross-eyed, slack-jawed face, I just can't put my finger on it

>>7187851
>Implying it ever ISN'T the Jews

>> No.7189242

Better question is why did the market do so good at all when cryptocurrency is literally son faggots programming pixels and saying they are valuable