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/biz/ - Business & Finance

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8229292 No.8229292 [Reply] [Original]

what the fuck is BTC doing? why the sudden drop?

>> No.8229309
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8229309

>Whales are accumulating
USD

>> No.8229316

>>8229292

because people are fucking retarded weak-handed bitches that are impatient when it comes to uptrend/volume. Literally a bunch of scared faggots. Not kidding. Not other space is as susceptible to FUD as crypto.

>> No.8229344
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8229344

>>8229316
>muh weak hands
Yeah. A couple of nervous redditors ust dumped like 20 million USD worth of BTC across all the exchanges simultaneously in the course of 1 minute.

This was never your game to win son.

>> No.8229370

>>8229344

There are 10s of millions of users across all exchanges. do the math, retard

>> No.8229439

>>8229370
lol

>> No.8229465

>>8229292
Investors are starting to realize this is a literal ponzi

>> No.8229472
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8229472

>bitcoin is at bargain basement prices again

Yesssssss

>> No.8229511
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8229511

>>8229465
It truly is the greatest transfer of wealth in human history. Just now in the way reddit thinks.

>> No.8229524

>>8229370
And one group in particular is waking up.

Fucking Americunts

>> No.8229563

>>8229316
Lol there are no where NEAR buy orders that can offset even small dump of big guys. This shit is dead.

>> No.8229608

>>8229344
Who is this nig nog i keep seeing him everywhere

>> No.8229610

>>8229563
This is why regulations exist. Hot sim is not for the masses.

>> No.8229636

>>8229608
That's oj simpson

>> No.8229646
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8229646

>>8229292
America is waking up to find out that all the Mount Gox Bitcoins are being dumped on the market by the Japanese liquidator.
No actually most of them still have no idea Bitcoin is a dead man walking, but once the media picks up the story Bitcoin will cease to exist.
Either get out or go into ETH and hope it flips Bitcoin. Because the other scenario is Bitcoin drags the entire market down to zero.

>> No.8229662
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8229662

>>8229524
Oi, not to worry milord, I 'ear word from passing merchants that the king means to buy into bitcoin soon. We Europeans will be wealthy again soon, and we'll cross the great water and show those colonies what we're made of

>> No.8229681

>>8229608
kenny west

>> No.8229727

>>8229292
>MtGox trustee Kobayashi has been liquidating BTC from December
>liquidated 35k BTC
>still has 165k BTC to liquidate
MOOOOON, 200k EOY!!!!

>> No.8229766

>>8229608
He's the GOAT: Larry Bird

>> No.8229786

>>8229727
This but unironically

>> No.8229894

Right now, technically, we've made a higher low than earlier...

>> No.8229921

>>8229727
1) He's done liquidating until september at the very earliest.
2) there's a decent chance he won't need to liquidate the rest and the BTC will be redistributed to people instead.

>> No.8229936

>>8229921
Is this statement based on reality or Reddit feels?

>> No.8230090

>>8229936
Reddit feels, the court said he can't give back the btc. He has to sell it, and give the amount of dollars or yen or whatever it was worth at that time

>> No.8230187

>>8229472
Have fun with your Goodwill prices in a week.