/biz/ - Business & Finance

>>12741892
I’m in, im a poorfag so i just have 70 dollars but what the fuck ever

this plan has been in motion for years
problem is the sell orders arent hitting ;/

>>12741915
That’s because there’s not enough active traders involved

>>12741892

That’s not how you do it. Setting your sell orders to 50k won’t work dumbass, no one will buy them.

The real secret is to open your own exchange, no KYC required to trade, create your own tether USD or whatever.

Spoof like 500 million USD in volume, overnight have a massive “bull run” (by selling and buying your own orders) to 5k, arbitrage bots automatically open accounts and start mass buying btc to dump on your huge buy orders. At this point you’re losing money, HOWEVER it turns out you need KYC to withdraw. KYC takes 3 months, meanwhile you dump your BTC on bitfinex, to recoup your losses.

>>12741940
Shut up and go away you idiot

>buy btc at $3500
>set sell order at $50000
>billion dollars of orders between current price and $50000
>btc dumps
>op panic sells at $1000

>>12742016
>what happens to price when there's no low sellers

>>12742833
>what happens to price when longs get purposefully liquidated in a chain reaction

>>12742871
>moving selling price to $50000 will cause longs to get liquidated

huh.. ya know what? this just might work!

>>12742961
>moving selling price to $50000 will prevent the market makers from dumping on your sorry ass
>moving your selling price to $50000 will magically remove all 99.99999% other sell orders