Bitcoin?

[Anonymous No.8096937]

HOLY SHIT WHAT THE FUCK WAS THAT

[Anonymous No.8096954]

>>8096937
calm your tits and pump some alts

[Anonymous No.8096968]

>>8096954
sure dude, it dropped 200$ within seconds

[Anonymous No.8096972]

>>8096937
It was a trap.
Sell everything.

[Anonymous No.8096974]

stop hunt. kek. get rekt

[Anonymous No.8096975]

>>8096937
YYYYYYYYYYYYEEEEEEEEEEEEEEEEEHAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAW

[Anonymous No.8096984]

Umm nothing? Zoom out

[Anonymous No.8096986]

HOLY FUCK, EXIT ALL MARKETS?

[Anonymous No.8096988]

>>8096937
Arthur "the hunter" Hayes

[Anonymous No.8096990]

more like Buttcoin amrite

[Anonymous No.8096992]

>>8096937

Me, when you let your guard down for that split second.

[Anonymous No.8096996]

Low volume and thin orderbooks. Price can easily be moved either direction at this stage.

[Anonymous No.8097000]

Its a stop hunt you fucking noobs. look at the buy volume. some poor faggots just got liquidated and some whael just got some cheap BTC.

[Anonymous No.8097004]

>>8096975
this

[Anonymous No.8097007]

Notice how the volume was so so low during the past hour, as if all the insider whales KNEW beforehand about the dump.

MAN ITS CRAZY!

[Anonymous No.8097012]

>crash it

[Anonymous No.8097031]

>>8096990
unironically yes

[Anonymous No.8097034]

got out in time =)

[Anonymous No.8097052]

jesus christ, it fell 0.5% in a few seconds in such a volatile market????????????

arhgggggggggggggggggggggg time to panic sell

[Anonymous No.8097080]

>>8097052
bitcoin doesnt fall that fast
if this would be about some random coin, it would be different

[Anonymous No.8097100]

>>8097052
meaning that if it has to fall that fast, it must have been a triggering point for someone to get out

[Anonymous No.8097116]

wtf...WTF .......i got lost 50k.....that was on loan...holy shit ...wtf am I gonna do....I'm fucked.

[Anonymous No.8097130]

>>8097080

Yes it does, all the time

[Anonymous No.8097132]

>>8097116
I hope you're not serious, anon
if you are, then this is your lesson not to margin trade

[Anonymous No.8097135]

>>8097052
I'm freaking out man!

[Anonymous No.8097136]

>>8097130
so it loses 100m within 2 seconds? cmon dude lol

[Anonymous No.8097143]

>>8097116
>wtf...WTF .......i got lost 50k.....that was on loan...holy shit ...wtf am I gonna do....I'm fucked.

You cant be THAT stupid.

DId you long?

[Anonymous No.8097145]

>>8097116

literally kys

[Sadst No.8097146]

>>8096975
/thread

[Anonymous No.8097152]

>>8097136

Yes. Zoom out

[Anonymous No.8097155]

>>8096937
that was me getting liquidated

[Anonymous No.8097159]

>>8097152
I'm talking about how fucking fast that was not that it goes from 11k to 10k.

[Anonymous No.8097160]

>>8097136
are u new

[Anonymous No.8097168]

>>8096968
Fuck off new fag it also pumped thousands in minutes before

[Anonymous No.8097173]

SATOSHI MOVED HIS COINS!!
HE IS DUMPING !!!!!

[Anonymous No.8097180]

>>8097159
Ignore him he's a tard. You're right, when it dumps that hard that fast we're in for a protracted dump for a few days

[Anonymous No.8097193]

Shhhhhhhhhhhhhhhh

Beilieve in Z

[Anonymous No.8097207]

>>8097168
>>8097160

Honestly I'm tired of kids like you not understanding the basic market.

[Anonymous No.8097223]

>he didn't buy TBC that only goes up in value
lmao

[Anonymous No.8097227]

DROP DEM BAGS YO

[Anonymous No.8097242]

NO NO NO NO NO NO

[Anonymous No.8097246]

>>8097159
>>8097136

This happens literally all the time you fucking brainlet, and the reason for it is twofold:

#1: Market cap is not representative of how much actual money is in BTC, and it's way lower than the market cap suggests (total USD in cryptocurrency markets estimated at ~$6 billion)
#2: Order books are thin on most cryptocurrency markets, so price moves easily.

Whales stop hunt all the time or generally try to fuck with margin trades so they get BTC cheaper or get to dump their bags by pumping it that way. It flash-crashed $1000 last week, so I have no idea where you get your ideas from.

[Anonymous No.8097274]

>>8097207

It is you who do not understand the market. You would be right if it was any other asset class, but it's cryptocurrency and it's not a normal market.

>>8097180

He is wrong, see >>8097246

[Anonymous No.8097281]

>>8096937
>liquidate them

[Anonymous No.8097290]

Relax your tits.

Just a small retrace.

Zoom out.

[Anonymous No.8097298]

I don't even know how somebody could fall for this obvious bulltrap. Whales dumped alts and pumped btc to dump it.

[Anonymous No.8097301]

>BTC goes down
>DGD goes up
really makes you think

[Anonymous No.8097303]

Its almost as if there is big resistance at $12k.

[Anonymous No.8097307]

>>8097274
>>8097246

I'm buffled at how wrong and out of context you seem to be.
If you are not even able to understand my point, there is no need to make another one.

[Anonymous No.8097313]

If it goes under the 50 day/11100 then I'll pay attention.

[Anonymous No.8097322]

>>8097146

Still here like a colon cancer in remission I see?

[Anonymous No.8097340]

>>8097080
Yes it fucking does. Stop being delusional. If it can gain hundreds in seconds, it can lose hundreds in seconds.

[Anonymous No.8097345]

>>8097307

Your point is that you're shocked how fast that was, but this happens on a semi-regular basis. Stop bullshitting.

[Anonymous No.8097359]

That's nothing.

[Anonymous No.8097375]

>>8097116
0/10 bait

post feet.

[Anonymous No.8097382]

>>8096937
you just got beared

[Anonymous No.8097395]

Making way for BTCP

[Anonymous No.8097399]

I TAKE YOUR LONG
NOT FOR A REASON
JUST FOR YOU (stop hunteer)

IN MY SPREE
THERE'LL BE NO ONE LEFT

LIQUIDATED
IS THE WAY
YOU'RE GOING TO BE

AND IM STILL
ONE A SPREE
STOP HUNTER

[Anonymous No.8097405]

Just a weak handed pajeet selling off after he FOOM bought and got nervous at the low volume. The rest is just panic. We'll be back at 11400 shortly.

[Anonymous No.8097428]

>>8096937
stop watching 1m candles

[Anonymous No.8097485]

that's less that $200 drop when the price is over $11k, its an every day occurrence you stupid ass hole

[Anonymous No.8097497]

>>8096937

[Anonymous No.8097540]

>>8097136
>He wasn't around a year ago when Ether went from $400 to fucking $5 and bounced back to $250 in literally 30 seconds

You know literally nothing about the markets lmao

[DarkTrip !nNThBA7CKU No.8097590]

>>8097540
ok so tell us more about that
where?

[Anonymous No.8097606]

>>8097007
If the whales “knew about this” they would have dumped every single btc beforehand. Let’s not pajeet around the bush; you’re a fucking retard

[Anonymous No.8097616]

>>8096937
Love these price dips. I've been buying coin for 2016 prices the past 2 months. Am so glad i cashe out in December. Have fun being poor you guys!!!!

[Anonymous No.8097621]

>>8097485
No, this was significant. Look at the change in volume. It was a massive simultaneous dump and the sell orders were large and many. Something coordinated happened. It's not nothing.

[Anonymous No.8097630]

>>8097590
https://www.cnbc.com/2017/06/22/ethereum-price-crash-10-cents-gdax-exchange-after-multimillion-dollar-trade.html

[Anonymous No.8097632]

>>8097590
Probably that flash sell on kraken that caused all that butthurt a while ago

[Anonymous No.8097635]

>>8097606
There were 500+ BTC hidden sell walls on finex earlier. There had to be a reason they hid it instead of just selling it outright

[Anonymous No.8097642]

>>8097207
New fag

[Anonymous No.8097645]

noobs accept you were stop hunted. buy back in now like people who realised are doing.

IDK why people even set stops in crypto, especailyl when volume is thin. making it too easy for them

[Anonymous No.8097660]

>>8097080

Did you get into the market today? Just last week bitcoin dropped 1200 dollars in like 6 hours.

[Anonymous No.8097686]

>>8097635
Nah, the market is not as manipulated as you think it is. It is propped up by retarded Africans and Vietnamese with their $500 bitcoin packages and when it’s not going up it’s going down and fast. You are kidding yourself if you think bitcoin isn’t going on a big slow slide to $3~k

[Anonymous No.8097697]

>>8097590
It's pretty cool to watch

[Anonymous No.8097706]

>>8097590
these retarded bear trips really are all newfags kek. I guarantee they're all December buyers who are clutching their bleeding alts like a bunch of salty retards

darktrip,bearfag,sadst, no one likes you. go away

[Anonymous No.8097738]

>>8097697
i orgasmed

[Anonymous No.8097743]

>>8096988
so this nigger just front runs all his customers and liquidates them constantly with insider info since he can see all the orders.. lol how is this nigger not strung from a tree and why do people keep depositing and giving him money

[Anonymous No.8097751]

>>8097645
Stop saying stop hunt in every post like it’s your new favourite word you sperg.

[DarkTrip !nNThBA7CKU No.8097752]

>>8097706
dunno why you think im permabear I was long 7x until that 200 point drop was up 45% made like nearly half a bitcorn

>>8097697
>>8097632
>>8097630
thanks brb setting a bunch of low limit buys

[Anonymous No.8097812]

>>8097136
It did not lose 100m, retard.

[Anonymous No.8097868]

You know what's going on?

Whales want to crash bitcoin to oblivion. Before doing that they want to prop it up as much as possible by making you believe the bull market is back. They want you to fomo. Why? Because when they crash it you will be panic selling and making it easier for them to crash it. The more you guys are the ones selling during the crash, the less they have to sell their own coins.

So what just happened? They are driving the price up with their bots, but they hit some strong resistance around 11.5k, not enough normies and clueless traders are buying in, they want you to pump it they don't want to pump it all by themselves. They couldn't get you to fomo past 11.5k, a bunch of you have opened margin longs which slows down the pump when you close your longs as the price goes up, so they just liquidated a lot of longs that were opened recently, which will offer less resistance to the pump. But not only :)

A bunch of you have just opened margin shorts now, at around 11.3k. And they are gonna use them against you. As they drive the price up you will close your shorts or get liquidated, which will pump the price.

They make you fomo buy so you pump the price, they liquidate your longs so you don't offer too much resistance to the pump, and they make you fomo short so you get liquidated and pump the price on the way up. And when they decide the pump has gone high enough, they will remove their walls and crash it to the ground, and you will be the ones selling on the way down. Bitcoin was one huge pump and dump, we had the pump last year, now we're having the dump. But they want to maximize their profits on the way down, so they don't crash it all at once. They do what they are doing now. Enjoy the show.

[Anonymous No.8097943]

>>8097193
>Z

[Anonymous No.8097964]

>>8097868
>Whales want to crash bitcoin to oblivion. Before doing that they want to prop it up as much as possible by making you believe the bull market is back. They want you to fomo. Why? Because when they crash it you will be panic selling and making it easier for them to crash it. The more you guys are the ones selling during the crash, the less they have to sell their own coins.

/thread
Finally someone who gets it.

When do you forsee this total crash? sooner or later

[Anonymous No.8097976]

>>8097868
It's forex 2.0, I feel right at home.

[Anonymous No.8097997]

>>8097136
bitcoin isn't a company, it doesn't matter how much market cap it loses. the price simply went down, people are paying less for it then they were.

[Anonymous No.8098025]

the same bums who own all the tether are the ones frantically selling off their BTC - why?

they have it coming and with it BTC

... boggles the mind how idiots believe this will just carry on as usual

[Anonymous No.8098031]

It does it all the time and continues to moon

[Anonymous No.8098040]

https://www.youtube.com/watch?v=xiWtqVtd1Oo

[Anonymous No.8098077]

>>8097964
I'm guessing this month or the next, they will time it with some really bad news, tether being exposed as a fraud and/or China banning bitcoin mining

[Anonymous No.8098097]

>>8097697
this is one of my fantasies in dreams, damn this is so beautiful. you just had to be in the right place and the right time.

[Anonymous No.8098133]

>>8097751

[Anonymous No.8098180]

>>8097868
is this why the number one volume for btc right now is btc/usdt?

[Anonymous No.8098210]

you fucking pajeets are ridiculous. if you look at the chart and draw two or three fucking lines, then you see whats up. it's not whales. it's normal market behavior.

[Anonymous No.8098226]

meh? shhh breathe? volume too low for safe margins?

[Anonymous No.8098264]

>>8098180
Indeed they're most likely using usdt to prop up the price now as they did during the pump last year

[Anonymous No.8098404]

seems like dgd is rising when btc goes lower, is it a better alternative than going in tether when btc crashes ?

[Anonymous No.8098407]

>>8097697
THANKS FOR THIS GIF. I remember back when this shit happened. Good times.

[Anonymous No.8098482]

>>8097868

I've heard this theory many times but i still don't understand why these "whales" would want to crash something they are so invested in. It's only in their interest to make it rise long term or keep it at a certain level indefinitely.

The only reason i could possibly think of is that due to the generally low liquidity in crypto, these guys have so much BTC that there isn't enough for them to cash out. If they wanted to cash out to billionaire status into fiat they would make btc worth almost nothing in the proccess. They need people to buy it from them. the higher the price the higher the average price they cash out to fiat at.

however even in that scenario, there are enough big time whales around that nobody has such control over the market on their own unless in agreement. Also, if its really a "which whale can cash out first scenario" they isn't enough room for them all. who will just say "yeah sure do it".

Lastly, If they "want you to sell" along with the normies so that "they have to sell less of their own coins" to crash it.... why? it makes little sense. Lets crash something im a potential billinaire in for no reason. Their goal is to keep it high so they can cash out each last BTC they own.

[Anonymous No.8098500]

>>8097080
its clear you just got into crypto and think its suppose to move slow half percents a day like stocks. fuck off newfag.

[Anonymous No.8098521]

>>8098482

Look up accumulation and distribution cycles

Those who kill it with crypto are forex traders, not some scummy hodlers

[Anonymous No.8098534]

(You) soon https://www.youtube.com/watch?v=TRXdxiot5JM

[Anonymous No.8098555]

>>8097007
Whales don't respond to market movement, they create it

[Anonymous No.8098559]

>>8097207
T. Newfag

[Anonymous No.8098573]

>>8097868
>They make you fomo buy so you pump the price, they liquidate your longs so you don't offer too much resistance to the pump, and they make you fomo short so you get liquidated and pump the price on the way up. And when they decide the pump has gone high enough, they will remove their walls and crash it to the ground, and you will be the ones selling on the way down. Bitcoin was one huge pump and dump, we had the pump last year, now we're having the dump. But they want to maximize their profits on the way down, so they don't crash it all at once. They do what they are doing now. Enjoy the show.
Q?

[Anonymous No.8098609]

>>8097173

Seriously

[Anonymous No.8098694]

>>8098521
>accumulation and distribution cycles

quite interesting. Seems we are in a distribution phase before but a possible accumulation now depending on how the next week goes. unless i totally misunderstood.

I stil don't see how that would make whales want to crash it liek the conspiracy i quoted does. you're trying to say hes theory is a load of bollocks aren't you?

[Anonymous No.8098794]

>>8096937

>1 minute candles

[Anonymous No.8098867]

>>8097012
how much btc to end this faggot

[Anonymous No.8099206]

>>8097868
Q predicted this.

[Anonymous No.8099252]

>bitcoin goes down a 0.5%
>bitcoiners freak out
Boomers.

[Anonymous No.8099265]

>>8098694

1. Look at order book thickness sub $10k on Bitfinex
2. If you don't think that the price is going to slice right through that into $9k area, possibly way further, you might wanna get your IQ checked

This is a setup that's been in the making for a long time. Buckle up, kids

[Anonymous No.8099588]

>>8099265

thats a really abrupt drop.

[Anonymous No.8099668]

>>8097868
good explanation. got out at 17k wanna reenter after everything settles down. i believe that crypto and decentralization is the future. how long do you think the bear market will last?

[Anonymous No.8099719]

>>8099668
lmao it ended like 3 weeks ago retard

[Anonymous No.8099746]

>>8099719
that was only the tip of the 15inch dildo

[Anonymous No.8099751]

>>8096937

Quad top then bottoming out confirmed.

[Anonymous No.8099760]

Fox Business Channel had BTC/USD on the currency ticker yesterday. No joke

[Anonymous No.8099798]

>>8097868
Btc would have to go to 20k for my 11.3k shorts to be liquidated, im not worried

[Anonymous No.8099904]

>>8098482
They're making money on the way up and on the way down, the pump from last year was obviously not sustainable, they couldn't cash out everything and didn't want to anyway, probably they believe in bitcoin long term, most top bitcoin wallets are still holding a lot. They long on the way up and short on the way down. Maybe bitcoin will go sub $1000 soon but they will have made massive profit since last year while still having their coins before the next real bull run starts, but this time the bull run will rest on a sounder basis than propping the price up with fake money (tethers). Goldman Sachs is said to enter the space this April, when real institutional money comes in it will move up again, possibly for good, until then the whales will make a lot of profit on the way down.

[Anonymous No.8099920]

>>8096968
>200$
>What is percentage?

Brainlett_bottomless_pit.jpg

[Anonymous No.8099924]

asshole

[Anonymous No.8099943]

>>8099904
so they have only 3-4 weeks to completely crash it?
nahh

[DarkTrip !nNThBA7CKU No.8100014]

cmon everyone long again it's not dumping

[Anonymous No.8100082]

whale here we are going down before going up again

[Anonymous No.8100100]

>>8100082
How low are you thinking?

[DarkTrip !nNThBA7CKU No.8100123]

>>8100082
well get on with it im sick of this flatline no vol

[Anonymous No.8100124]

>>8100082
>whale here
>20 bitcorns
Kek'd

[Anonymous No.8100140]

>>8096975
You are my best friend <3

[Anonymous No.8100159]

>>8100082
a whole 16 btc omg you cutie pie

[Anonymous No.8100167]

>>8100124
idk how to show the whole order

[Anonymous No.8100670]

... ta bullshit but real simple > buying time > selling time ... inb4 selling time down to ~10500 - 9500 > then up to fuck knows where if things stay the same

[Anonymous No.8100707]

>>8100670

oh right here you go niggas

... what i'm really expecting is the us gov shitting all over tether an bitfinex SOON

[Anonymous No.8100913]

It drops real fast but rises just as fast

[Anonymous No.8101418]

>>8097697
what the fuck the whale just market sold all?

[Anonymous No.8102385]

>>8098097
Only bots could actually but the dip.

[Anonymous No.8102457]

>>8101418
No, you idiot. Back then GDAX still had margin trading. What you're looking at is a combination of stop losses, liquidations and a thin order book. It was caused by a big market sell (but not enough to absolutely crash the price, only like 20 or 30%) by an ICO contributor.

[Anonymous No.8102504]

>>8102457
>sold over 100k ETH for $0.1 when the price was $300
how did that happen

[Anonymous No.8102530]

>>8102504
I just said how it happened?! If you don't know what stop losses or liquidations are, then use google. Or google flash crash.

[Anonymous No.8102546]

>>8100167
Sup whale, are you a lone whale or in a coordinated group of big whales if so, what can you tell us about going down?

[Anonymous No.8102557]

>>8100913
desu this is just manipulation, its just not worth this much

[Anonymous No.8102620]

>>8097080
found the newfag

[Anonymous No.8102636]

>>8102530
yeah, ok, but who would sell it? someone has to have it to sell.
as far as i get it, someone had over 100K of ETH but didn't want to sell it, so he flash crashed it so he could short it with huge leverage?
why sell so many, not just a portion? did he buy it back himself? i guess so

[Anonymous No.8102724]

>>8097007
Whales dump into the pump. Need volume for the liquidity

[Anonymous No.8102754]

>>8097868
>MUH WHALES
Please. I have heard this so many times before, if it were true BTC would be worthless.
>BUT THE WHALES ARENT DONE YET J-JU-JUST WAIT MUH WHALES
No you retard, BTC is more than a pump and dump scheme. People who scream about whales don't even know what a blockchain is other than what they heard from some retard on youtube.

[DarkTrip !nNThBA7CKU No.8102790]

>>8102636
may needed some cash quick and the market impact model said best way to get best price was to wipe the book, that's the way some instruments are remember traded volumes were smaller back then

[Anonymous No.8102832]

>>8102636
Nah. There was no way to short that much. The ETH contract on Bitmex had almost no volume and were no other real alternatives.
The ICO whale was most likely inexperienced and wanted to cash out.

Also happend on Kraken several times, mostly because you could use Eth as collateral to long Eth.

[Anonymous No.8102858]

THEY SOLD, PUMP IT NOW

[Anonymous No.8102860]

>>8102636
>>8102790
no it was a dumb ass ico that market sold because they dont know about liquidation

[Anonymous No.8102888]

>>8102860
but there was more than one price
$0.1, $77, what did he do and how retarded can you be?

[DarkTrip !nNThBA7CKU No.8102923]

>>8102860
ah...

[Anonymous No.8103831]

>>8102636

Im gonna explain it to you because youre clearly a brainlet.

There are TWO kinds of stop losses: stop limit and stop market. A stop limit is like saying “if btc hits 5k, put an order to sell at 4k”, he problem is what if btc crashes from 5k to 3k before your order gets filled? In that case your stop limit failed. So some people employ stop market, “if btc drops 10% sell at WHATEVER THE MARKET PRICE IS” so now imagine eth crashes ten percent because of one big whale selling at 10% below market, suddenly my stop loss triggers and sells my eth at a 15% loss because that way my order gets through. But then if i just sold eth at a 15% loss, that triggers YOUR stop loss, which triggers someone ELSES. And because some retards did “stop market” they basically had their computer say “hmmm, eth just dropped below 300 USD, triggering my stop, the current price is 10 cents, i will sell for 9 cents”

In other words consecutive stop markets act like dominos. This is without even factoring in leverage.