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/biz/ - Business & Finance


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9603710 No.9603710 [Reply] [Original]

Yesterdays plunge was due to the latest China crackdown on Bitcoin. And that is a country where 50-80% of worlds mining operation happen and where rich use it to bring their money out of the Party's reach.

There is just too many factors under the control of one actor to even bother with trading in it.

>> No.9603764

Lalala I'm covering my ears I can't hear you

>> No.9603772

Agree

>> No.9604299
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9604299

Today's fall on when fatasses wake up will be glorious. China will never stop taking US for a ride.

>> No.9604789

So what is today’s excuse ?

>> No.9604820
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9604820

>>9604789
https://www.bloomberg.com/amp/news/articles/2018-05-24/bitcoin-manipulation-is-said-to-be-focus-of-u-s-criminal-probe?__twitter_impression=true

>> No.9604827

>>9604789
Cashing out for veterans day

>> No.9604836

>>9604789
happens every memorial day, americans cashing out to buy tiny US flags

>> No.9604856

>>9604820
thats old news

>> No.9605215

You don't know anything about China

>> No.9605327

>MUH CHINA FUD
>MUH KOREA FUD
you know that what goes up must come down again, right? you don't have to rationalize everything to blame somebody else for your own stupid investment decicions...
YOU FUCKED UP. there is no one to blame but you...

stop shut the fuck and grow a pair or get back to wagecucking.

the victim mentality of most people on here disgusts me.

>> No.9605998

>>9605327
why would you say anyone fucked up?
looking at the price charts random movements within 20% in a day or so is completely natural to bitcoin. there is no fucking up unless you consistently buy high and sell low all the fucking time. just stop trading and ride the roller-coaster, cash out in 3 or 5 years and check your gains!