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File: 104 KB, 588x439, bitcoin whales.png [View same] [iqdb] [saucenao] [google]
8550131 No.8550131 [Reply] [Original]

what's happening is that whale permabulls are bankrupting high leverage cowboys who destabilize the market. By the next bull run, only permabull hodlers will survive, we will have support lines made of steel.

Daily reminder that crypto's federal reserve (bitfinex) is not dead yet and has printed 300 MILLION tether.


It's not over until Bitfinex operators decide to resign, which will probably never happen. You simply don't stop when you make insane amounts of money every month.

>> No.8550182

tl;dr the whales are sending a message: only hodl, if you try to trade the king you will get rekt

>> No.8550238

once traders give up, the whales will push the range to 9000-10000, and repeat the cycle. The market cap is still very small, there's still a lot of money to be made from bitcoin. We have Twitter's CEO and Peter Thiel. We have exchanges making billions in trading fees. If you think they will let bitcoin die, you are delusional. It takes little money to pump bitcoin because it's illiquid, relativity.

>> No.8550289

>tl;dr the whales are sending a message: only hodl, if you try to trade the king you will get rekt

this

>> No.8550351

Delusional and retarded, lots of whales happy to short this down to 4k

>> No.8550401

>>8550351
there are a lot of money to be made from pumping it, not as much to be made from shorting, which is very risky because the liquidity is very low, it takes small amount of money to destroy most shorts. why do you think banks and governments haven't managed to short it to 0 yet?

>> No.8550415
File: 2 KB, 125x125, 1521064036429.jpg [View same] [iqdb] [saucenao] [google]
8550415

>>8550182
>>8550289

tfw sees the signs

>> No.8550417

>>8550131
I dont know why he makes these posts. He himself has said he has held his stack through the ATH to -80% drop.

>> No.8550426

>>8550401
Because they dont care? And youre wrong, a lot more money to be made by shorting - price falls like an elevator, but it goes up like stairs. + market is overinflated and full of debt, bubble is far from popping deluded moonkid

>> No.8550475

>>8550426
>Because they dont care

If they didn't care they wouldn't be regulating and fudding the shit out of it.

>a lot more money to be made by shorting

a lot of money to be lost too, retard. shorting bitcoin is the riskiest thing you can do.

https://twitter.com/BitmexRekt

>> No.8550522
File: 27 KB, 575x250, bruno-le-maire.jpg [View same] [iqdb] [saucenao] [google]
8550522

>>8550475
>fudding the shit out of it.
See pic related