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/biz/ - Business & Finance

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9131083 No.9131083 [Reply] [Original]

Why isn't bitcoin crashing

>> No.9131114

>>9131083
Crashing means there arent enough buyers. Litterally every single financial institution is either getting in on this right now or its looking into to get in.

They alone will make this go 10-11k. Once we are there normies will start to fomo back in.

>> No.9131124

Because we are going to the moon Mr. Bear take my hand

>> No.9131142
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9131142

funds are safe as fuck bearfriend

>> No.9131162

It's still down $700 from three days ago and looking to move significantly lower. If that's not enough for you, bearfriend, you're being too greedy. Just be patient.

>> No.9131171

>>9131114
>there arent enough buyers
with algos theres always buyers

>> No.9131190

>>9131114
this once cnbc and goldman and other normie news outlets start claiming crypto as legit enough they will all come flocking back like the sheep they are.

>> No.9131191

>>9131114
>Assuming all of the "buyers" right now are not bots
>Assuming that institutions won't crash or can't it in order to accumulate
>The normies that got burnt won't jump back in unless it's back to 19k, normies that haven't gotten in already hear all FUD the stories from the one that got burnt

>> No.9131201

mt. gox moved 16,000 btc from a wallet this morning
why would they move funds from storage wallet unless they were planning on selling...
our day will come shortly bears, patience

>> No.9131225

>>9131162
Ding ding ding. Volume was way higher on the big bearish candles and we printed a bearish engulfing on the daily a couple days back. This thing is not looking likely to hold the 200 EMA; the aftermath could be bloody.

>> No.9131251
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9131251

Bitcoin is an idea and ideas are crash proof.

>> No.9131296

>>9131114
U fucking moron the financial institutions were buying in 2016. They are trying to prop the price up with these bullish predictions so they can cash out since they arent playing with mommy and daddys allowance money.

>> No.9131356

>>9131296
No they werent

>> No.9131362
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9131362

brb 11k

>> No.9131364

>>9131225
Also, really obvious bear flag on the 15 and 30 minute charts; probably looking to continue the final push down to break the rally's channel soon.

>> No.9131368
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9131368

>>9131225
Volume is a lagging indicator. It is nothing to go by.

>> No.9131371

>>9131356
Lol ok kiddo. Actually youre right they were buying in 2015

>> No.9131415

You should be buying PFR instead of whatever crap youre holding. Their mainnet comes out on April 30th. Do you realize that Localbitcoins now has KYC? Do you understand that once PFR is out, people will all jump ship to avoid having to upload documents? People kept doubting the project but these guys deliver. Do you want to be poor forever.

>> No.9131480

>>9131371
I dont think you understand

>> No.9131529
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9131529

>>9131083
>1

>> No.9131588
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9131588

this whole thread is mad fud we're getting rich you idiots stop arguing and talk about the hookers and lambos after we make it.

>> No.9131599

>>9131588
Damn, guess i gotta sell now.

>> No.9131672
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9131672

>>9131083

>> No.9131680

>>9131201
They're buying alts like EOS and SKY.

>> No.9131703

>>9131083
bearfag pls go

>> No.9131730

>>9131114
It's funny how you always say institutional money is trying to get in, as if they aren't in already.

>> No.9131749

>>9131201
They sold on OTC you faggot

>> No.9131847

>>9131225
love how you pretend to know what the fuck any of that means

>> No.9131918

>muh institutions
>muh soros
>muh bull run
normie bullfags going to get pink wojaked hard

>> No.9131979

>>9131225
True, i'm thinking we get another push to 10k then we going straight down to doggy hell

>> No.9132034

>>9131114
>aren’t enough buyers
Every time someone sell there’s a buyer. If no one buy the price just sits flat, do nothing. In fact, in order to crash there has to be a ton of buyers just at successively lower prices

>> No.9132113

You should be buying PFR instead of whatever crap youre holding. Their mainnet comes out on April 30th. Do you realize that Localbitcoins now has KYC? Do you understand that once PFR is out, people will all jump ship to avoid having to upload documents? People kept doubting the project but these guys deliver. Do you want to be poor forever.

>> No.9132125

>uh duhhhh i think it gon go up then it gon go down
>uhhhh it gon go down
>no it go up
>lol u wrong
>ok just wait me take picture... u wait..