/biz/ - Business & Finance

[Anonymous No.8709654]

Margin traders should read this.

[Anonymous No.8709711]

They dont care.

[Anonymous No.8709778]

>>8709711
They should

[Anonymous No.8709807]

Its true. Those of us who saw this in January are not in the market, we are waiting for the real crash.

[Anonymous No.8709835]

>>8709778
why margin traders specifically? Shouldn't the entire community care?

Btw I don't give a fuck lel

>>8709711
this

[Anonymous No.8709840]

>>8709711
true, I don't care. If you could pay $1 fee to earn about $100 would you pay the fee? I know the fees are high but crypto market moves fast and I don't have to stay in a position for long.

[Anonymous No.8709883]

>>8709835
>community

No, because anyone rational is in this market LT. Short term market manipulation is whatever. Anyone trading ST deserves to get justed hard.

[Anonymous No.8709908]

>>8709835
Margin traders specifically because the playing field they are playing on isn't level. They are betting against people that control the price movements.

[Anonymous No.8709956]

85% of exchange reported volume is, to be diplomatic, questionable. pay attention to withdrawal delays. the exchanges are living off of manipulated liquidations. this is a scandal waiting to explode.

the cboe volume is insanely light. crypto is radioactive right now. anyone defending the exchanges at this point is not credible.

but what do i know? i'm just an outsider nobody.

[Anonymous No.8709982]

>>8709654
You reall think nobody on /r/buttcoin holds crypto or margin trades?

They're just bearish

[Anonymous No.8710013]

buttcoin faggots are so fucking annoying, they pretend like they know everything but always spew non factual conspiracy tier garbage.

[Anonymous No.8710059]

>>8710013
I love that it exists, just so I can live off their implicit embarrassment in spending years of their lives dedicated to hating something they don't understand when they could've made insane returns. It'd be one thing if BTC was back at $200, but it's still up 7x from its previous ATH in 2014. The level of cringe and autism on their forum is unbeatable.

[⭐Anonymous⭐ No.8710064]

>>8709654
>virtually no sane people buying at the moment
Why do they keep saying this? Many people are buying the dip

[Anonymous No.8710078]

>>8709982
Oh yeah I'm sure people there do margin trade. The trend is downwards and has been for a while, all logic points towards a further crash.

But a whole lot of bears are getting liquidated by these unnatural pumps.

[Anonymous No.8710160]

I don't really buy the underlying theory but don't want to argue. There is a good point that trying to win back money in a market where you've already lost a lot is a horrible idea. Play things safe broskis.

[Anonymous No.8710187]

>>8709654
thanks reddit

[Anonymous No.8710239]

I was beginning to think the blatantly coordinated "I'm getting rich shorting BTC" shilling meant a bull run was imminent, but it seems it may have just been exchanges trying to rope more mugs into the game.

[Anonymous No.8710259]

>>8710064
Are they sane? fag poster

[Anonymous No.8710305]

>>8710064
Where? Outside the pump and dumps to liquidate positions, the volume is almost nonexistent. It just sits there, trading sideways leaning down.

[Anonymous No.8710307]

>>8710259
Time will tell. I'm between jobs at the moment, but if I wasn't I'd still be throwing money at this.

[Anonymous No.8710316]

>>8709654
Back at college in 2009 I shared an apartment with two comp sci guys who mined and bought thousands of Bitcoin, they kept on telling me to get into it but I thought the idea was stupid and just kept laughing at their comedy gold, I would relentlessly mock them for wasting their time with internet monopoly money.

I later moved cities but as time went on and the Bitcoin price skyrocketed I started to see pictures on facebook of their now awesome lives of leisure, travelling around the world doing what the hell they wanted for the rest of their lives.

I had a job I loved in the retail service sector but still, I started to fall into a deep depression thinking about what could have been if only I'd listened to them and not simply mocked them.

Then I found /r/Buttcoin, the great people there allowed me to realize that I'd made the right decision by not getting involved in Bitcoin, and simply laughing at butters.

I learned about the moral implications of Bitcoin and now when I see these facebook photos of my friends having fun in exotic destinations I feel sick, because I know their great lives came from helping pedophiles, child-torturers, terrorism, snuff-porn creators, animal cruelty enthusiasts and libertarians.

Now I dedicate most of my free time to watching the Bitcoin price, seeking out and mocking Butters wherever I can find them all for the sake of comedy gold.

/r/Buttcoin saved my life.

[Anonymous No.8710318]

>>8710064
>Many people are buying the dip
everyone is wating for the price to drop more. At one point today the price was at a standstill for like an hour

[⭐Anonymous⭐ No.8710319]

>>8710239
yeah bro i'm sure exchange staff goes to /biz/ to post shit in fact i'm probably arthur hayes encouraging people to short

>>8710259
Yeah what the fuck is wrong with buying in now? There's not enough evidence that the BTC downtrend will continue. At the moment it's just sideways movement, why would you not buy?

[Anonymous No.8710321]

Redditards can't stop with their conspiracies. Where are the proofs?

[Anonymous No.8710338]

>>8709778

If you're not consistently making money margin trading you're the exact kind of brainlet who needs to leave. Redditors are acting all smug but they haven't realised that the oldfags here no tonly rode the pump up til january, but are making a killing on the crash.

pro-tip: real margin traders use small amounts of leverage. I've been 3x short with a big stack since 11.4k, so unless it hits 14k I'm not getting liquidated. I also open swing short with 4-5x leverage on other exchanges and take advantage of arbitrage.

[Anonymous No.8710348]

>look guys, just sharing information
>i totally not have an agenda
>i just care about you out of the goodness of my heart
shut the fuck up you fudding pos. i wish everybody on buttcoin would just get a massive coronary so we could just trade in peace without one of those lemmings popping out of the woodworks spouting (((their))) propaganda

[Anonymous No.8710368]

>>8710348
*every 5 seconds

[Anonymous No.8710370]

>>8710319
Bc were going to 4k

[Anonymous No.8710377]

>>8710160
fucking gambling idiot

[Anonymous No.8710392]

>>8710013
The were right about zero adoption and overall shitty technical problems with blockchain. Since I keep an open mind, I was able to sell at january since some of their arguments started making sense.

[Anonymous No.8710418]

>>8710316
Hahahahhahahhahahahahhahahahahahahahahha

So you’ve justified your lost opportunity,

Your friends are killing it. Your not.

Oh and don’t pay taxes, your supporting cp lovers

[Anonymous No.8710431]

>>8710319
Too volatile
Too risky
Shit liquidity
Shit volume
Manipulated pricing
You can buy on bull trend confirmation I don't get what would possess you to take any position atm.

[Anonymous No.8710452]

>>8710319
> implying exchange staff wouldn't just pay Pajeets 1 sat per post instead of doing it themselves
> implying this wouldn't be profitable

[⭐Anonymous⭐ No.8710453]

>>8710370
Based on what? most charts suggest uptrend, mining pools need to keep the price from plummeting before they get wiped out, exchanges need to keep the price up to keep interest. Go on tradingview or twitter or telegram or discord. There's little consensus or evidence that it will go under 6.5k. I would love for BTC to go to 4k so I can buy more, but until then I'm happy averaging down

[Anonymous No.8710458]

>>8710431
>tfw im a hodl faggot

im new to this trading shit and wish i got out.

[Anonymous No.8710467]

>>8710418
>Falling for the pasta
Anon, I ...

[⭐Anonymous⭐ No.8710469]

>>8710418
>being this much of a brainlet
how is this even possible

[Anonymous No.8710473]

>>8710453
>Go on tradingview or twitter or telegram or discord. There's little consensus or evidence that it will go under 6.5k.

Nigga what??????? Literally everyone is calling for a consolidation to 4k

[Anonymous No.8710478]

>>8710418
This is pasta

[Anonymous No.8710548]

>>8710078
There's irrational exuberance in the bears right now. A manipulated market will reverse on that.

[⭐Anonymous⭐ No.8710577]

>>8710473
hope you're right

[Anonymous No.8710615]

>>8710577
Fuck off faggot, you're polluting every thread.

[⭐Anonymous⭐ No.8710635]

>>8710615
Idc about your shitty threads go kys

[Anonymous No.8710643]

>>8709654

[Anonymous No.8710733]

>>8709654
I've been saying this for weeks, that all of the action is margin trading, and the only "whales" are the exchanges themselves, getting fat and happy off coins the retards here throw at them. It's fucking obvious, look at the fucking charts. That's why TA fags are so funny, they're trying to predict a rigged market, but they don't get that it's rigged, and that the people rigging it are doing it in patterns that can't be analyzed or predicted.
Why do you think they monitor the trollchat on Bitmex? They see everyone babbling about longing - hey guys, engineer a sideways movement for a while. Then pump or dump it, and the liquidation rolls in. Since they're in strange, far off exotic lands, away from pesky laws and regulations, they're free from prosecution or lawsuits.

But I don't expect the no-lambos and true believers here to understand or accept any of it, because they're entitled to wealth they didn't earn, right? They'll cling to the dream all the way to $1, still bleating sadly "12k any day now! 60K this time next year!"

[Anonymous No.8710749]

>>8709840
The point went right over your head, at 30,000 feet with dinner service and a movie.

[Anonymous No.8710760]

>>8709956
cboe has been trading btc on thin volume since it launched, don't worry about it.
the public are definitely not buying en masse, but institutional players and big buyers are setting up the market for that there alt season.

we're still cleaning up, but words like 'radioactive', 'dead', etc., etc. are just public fluff

t. a nobody too

[Anonymous No.8710769]

>>8710064
Volume say "no".

[Anonymous No.8710784]

>>8710733
B O G G E D
O
G
G
E
D

[Anonymous No.8710798]

>>8710733
But everyone knows that they're doing this (anyone can see the number of open shorts/longs) so all you have to do is make the same move as the whales. They're always gonna act in their own sefl interest, so us little guys just have to make the same move and we get rich too. And everyone knows this, and that's how the market works to determine the price.

[Anonymous No.8710801]

>>8709654
>Reddit screencrap
>All of crypto is a giant conspiracy
Fuck off

[Anonymous No.8710831]

>>8710160
The whole thing is like a carny game at a carnival - you're gonna keep trying to spray water in that clown's mouth or get the ring on the hoop, to make back the money you lost already. I'm sure psychologists have a phrase for it.
But the no-lambos and true believers refuse to accept anything except what they want to hear, and will until it's all over - and they'll still stubbornly refuse to accept that it's over, like those old as fuck dudes fuming in their trailers that Nixon was innocent.

[Anonymous No.8710846]

>>8709654
nice blogpost you should go back faget

[Anonymous No.8710884]

>>8710319
I can almost guarantee you Bitmex was here shilling, about a month ago. Those reps who are in the Trollchat 24/7 said that they monitor places like Reddit.

Oh, by the way, the "high rollers" in trollchat? They're either paid to be there, and the ones that aren't have multiple accounts, and wash trade by having one account pump shorts, and the other account pumps longs - that way, one account will always be a "winner", no matter what the line does.

It's all the biggest scam of all time, and you little faggots run over there like retarded moths to flame, throwing your pennies at them.

The only people getting lambos now are the exchange owners.

[Anonymous No.8710899]

>>8710733
The entire premise around TA is specifically to trade around market manipulation.

[Anonymous No.8710931]

>>8710899
>/biz/ being astute

[Anonymous No.8710942]

if any of you believe your broker is working in your favor, you deserve every single margin call

[Anonymous No.8710944]

>>8709654
>M-muh consiparces
Literally screams I GOT LIQUIDATED
Dude sucks at trading and had to cry to reddit about everything being rigged against him
>Th-they must be looking at my positions
No exchange gives a shit about your 2 BTC short position. It's your own damn fault for being a sheep and doing what everyone else is doing.

[Anonymous No.8710958]

>>8710798
Dude. There are no "whales". The "whales" are trading bots and the exchanges themselves, and they spend as much time trying to stop you from predicting their patterns as they do anything else. Unless you work there, you're playing a sucker's game.

Go to bitmex and enable the liquidation alert. That's Bitmex making money. Every dildo is profit for them, and every dildo is someone losing their life's savings.

Wake the fuck up. You're so blinded by greed and NEET daydreams, you're pumping a scam. If you TRULY want crypto to succeed in any way, you need to be against this kind of shit.

[Anonymous No.8710970]

>>8710899
LOL. You moved the goalposts so fast I could hear them squeak. But like I said, I didn't expect any of you to accept reality.

[Anonymous No.8710974]

>>8710338
Give me contact info and teach me senpai i will tip u

[Anonymous No.8710982]

>>8710884
Just because there's bunch of retards who can't into risk management doesn't mean you can't make money on Mex. Fuck off High leverage cuckold.

[Anonymous No.8711005]

>>8710974

I'm doing good on my own ty.

[Anonymous No.8711045]

>>8710982
First, anyone who uses the word "cuck", or any version of it, is a mealy mouthed neckbeard, so anything you say is irrelevant.

Second, I didn't say nobody was making money. I'm sure some people are scraping a couple hundred or thousand off the dildos, but the overwhelming number of "I lost everything!" posts in their own chat, and on almost every forum that discusses it, proves my point.

Don't come at me with your fedora, silly neckbeard.

[Anonymous No.8711179]

>>8710970
>nobody here acknowledges the market is manipulated
>nobody here makes consistent gains regardless

[Anonymous No.8711244]

>>8711045
You need to go back /r/buttcoin

[Anonymous No.8711376]

>>8711045
>First, anyone who uses the word "cuck", or any version of it, is a mealy mouthed neckbeard, so anything you say is irrelevant
I was starting to believe to you for a quick second before you revealed you're a newfag cuck.

[Anonymous No.8712100]

>>8709654

[Anonymous No.8712224]

>>8710974
Same. Or at least explain to me what the things in your post mean specifically. T brainlet

[Anonymous No.8712284]

>>8710316
B8 pasta

[Anonymous No.8712668]

>>8710431
You will never have "confirmation" a bull run is imminent before it happens and we reach 10k while you are sleeping. And volume is already shown to be faked; that means all momentum indicators are wrong.