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/biz/ - Business & Finance

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9828725 No.9828725 [Reply] [Original]

Ok memes aside

Other than TRYING to fuck the market, why would someone/group MARKET SELL thousands of BTC

What the fuck mates

>> No.9828740

>>9828725

If you crash the market before someone else does you win.

>> No.9828751

>>9828725
https://www.zerohedge.com/news/2018-06-10/bitcoin-tumbles-after-major-crypto-exchanges-subpoenaed-manipulation-coinrail

?

>> No.9828770

>>9828725
Drop the price buy more

>> No.9828775

To accumulate

>> No.9828777

>>9828725
Clean out the greedy faggots with your 100x short

>> No.9828791

>>9828751
Coinrail gets like 2 million volume no ones gives a shit about it

>> No.9828834

>>9828725
People market sell when they have no clue how market sells work, or when they know things are going south for sure.

>> No.9828883

Because even retards (you) know that the whole crypto is bullshit and just a way to earn more of those filthy fiat.

Furthermore like 80% of BTC is in the hands of like 100 people who happened to mine this shit when it could be done easily or bought under a dollar. Now, if they dont make retards wanting to buy their shitty coins for real money they hold just thin air. But if they pay for marketing and lure retards in they actually manage to make real money.

If you are not a retard believing in the lies of HODLing and BAD FIAT INFLATION and shit like that you simply dump when there are enough retards to do it.

>> No.9828905

>what are liquidations

its like all of biz doesnt know how the market works

>> No.9828950

>>9828725
because they're exchanges and don't pay fees to do so, but they get to liquidate a bunch of margin positions too

>> No.9828971

>>9828883
2012 oldfag here
always checking in when shit goes south for a quick laugh
buy now if you have a brain
out

>> No.9828980

>>9828725

>hey i just woke up form a coma since 2014 i wonder how much my BTC is worth?

>> No.9829008

>>9828980
Not enought to keep mining rigs.

>> No.9829014

ITS THAT WHALE FROM A COUPLE DAYS AGO WHO MOVED 94,000BTC (700 million dollars) ONTO AN EXCHANGE WITH NO FIAT PAIRS

PREPARE FOR ABSOLUTE ANNIHILATION

<$1000 HERE WE COME

>> No.9829017

>>9828834
Not really, if you are a whale, you know you'll clear the orderbook. Let's say you have 10000BTC. You set your lowest sell price, and sell everything that comes above. You can start with a market sell and later put in walls, so that the pump gets stopped and you still fill. Wait a bit, repeat, etc

>> No.9829057

>>9829014
what if i told you that news stories like these exist just so people have a "reason" for the crash

>> No.9829136

>>9829057

i dun get it

>> No.9829382

>>9828725
Tuscon