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/biz/ - Business & Finance

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8730158 No.8730158 [Reply] [Original]

Why won't rich people pump bitcoin back above $10,000

>> No.8730234

>>8730158
Because they want to stay rich

>> No.8730257

Please rich people pump back to 20k, I at least want my initial investment back

>> No.8730274

>>8730158
There are bigger stakes here anon.
Wait untill summer and at least hodl whatever coin you have.

>> No.8730280

>>8730158

i thought there would be a bump for taxes, but apparently not

>> No.8730401
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8730401

>>8730257
>this retarded

>> No.8730435

>>8730280
Noone with significant amounts of capital would need to sell just to pay taxes. Small intelligent retail investors would have sold in December or January after calculating how much they'd owe. That would only leave brainlets to sell for taxes and they tend to not have much capital anyways.

>> No.8730437

because they can make much more by shorting in a market without buyers
then buy cheap, and only then pump it

>> No.8731061

>>8730158
Rich people will pump it above 9k.
Then poor people will pump it above 50k, and that's when rich people will dump.

>> No.8731984

>>8731061
Thatd be perfect. Buy back at $17k.