/biz/ - Business & Finance

>>58108931

they pump it before selling you retard
this is bullish

so pic related, but for solana?

so its not just crypto?

someone be brutally honest please
Is the whole thing complete bullshit?
like look at h-bar right now. Volume dead as fuck but price pumps
look at x-rp, pumped on bullshit news, now it bleeds
how is it not a scam?

>>55605358

he's not wrong

For every 100 million transactions, less than 100 are real
most transactions are the exchange buying and selling to itself to keep the price in a certain range. Prices are set to where those few real transactions occur. Often the exchange to hold the price in a range for a while despite no real transactions. This is done in anticipation of real transactions happening in a higher range after the release of some economic data report.

A lot of bagholders bought in at 32-40k and are looking to sell even.

pic related is whats happening at the highest level before baggies join into the selling.

>>55534721

retail doesn't prop up the price
but whales will maintain the level that the few retail fomos are willing to buy (get caught in the wash trades)
For a while I was thinking that not even the retarded pepes existed. But now I think they do

ok
then buy bitcoin
why are you here telling us?
my opinion is that wash-trading whales are offloading to retards

whales not done distributing

amazes me people still haven't figured out how this scam works

>>55462436
>>55462345 (OP)
>>55462412

in other words
<------------------

I've been DCA selling all year in 0.1 BTC increments

>>55451352
no i fucking wouldnt

what happens to them when tax time comes?
All those millions upon millions of taxable events, how do they calculate the taxable gains?

maintaining the plateau level of a bart via wash trading has zero cost. It's the only way they could pull it off.

Does it cost them money to prop up the price of an asset during the plateau of a BART?

After they've pumped the price to a certain level, they maintain that level through wash trades, profiting off midwits who jump into their wash trades. But does it cost money to maintain the price, or could they in theory maintain that level indefinitely?

>>55316219

some whales finished offloading their bitcoin
some whales weren't done yet

the whole market is fake

The coins are the process of being distrubuted.
What do you think this pump to 31k was? Retail FOMO? Wake up anon.

>>54895988
>buy up allat once and trigger the god pump

thats not how it works
pic related but in reverse
they'll keep it low as they accumulate
then initiate a massive burn at once
at least thats how I would do it

>>54685224
That's not how it works

>>54575026
he understands