/biz/ - Business & Finance

Asian whales aren't done dumping...

Didn't you guys hear about one of the original BTC miners dumping his 30k BTC he's accumulated over the past 10 years???

You guys are fucking retarded if you think this is going anywhere near 10k.

I expect to see us below 5k by the end of the year.

The bear market isn't done. We have so much to short. People will keep dumping. \

Don't come at me with this bullshit "Muh bitcoin miners won't let it drop"

or by 2036 all the BTC will be mined.

Doesn't fucking matter...there's enough BTC circulating around throughout all these gamblers and wall street crooks and other international whales that this can easily tank.

If the only way to make money is by shorting or scalping a few percent trades to then just sell it off and wait for another opportunity to load your bags and ump on unsuspecting noobs entering the market in hopes of getting rich quick. They will keep this thing suppressed until everyone gives up and goes back to the stock market or forex trading where there's actual GDP behind it.

Bitcoin is backed by nothing but greed and a few SJW's that want to take away control from the government.

You dumb mother fuckers really thought you'd get BTC back to 10k+?

dream on