/biz/ - Business & Finance

>>16578876
I don't understand

>>16578876
it's an obvious bulltrap, those longs are fake to lure in real longs so the market can be dumped again and the real longs liquidated

literally the only way to make any money for an exchange since there is literally nobody buying or selling anymore

It's not leveraged. It's spot buy.

long/short ratio is decreasing.

>>16578876
>he unironically thinks bitfinex data is trustworthy

https://blockchainwhispers.com/bitmex-position-calculator/

bitmex and binance are still majority short. bitfinex is in the middle of a govt investigation and sketchy as fuck, who the fuck knows what they are doing

>>16578876
Tether is exiting

>>16578876
It clearly means evacuate the market immediately holy shit r u special or dumb?

>>16578946
This is the most probably theory that i been thinking , what better way to exist that scam that by earning longs, they could probably use fake ids in their own site to earn a shitton of money and profit from the tether implosion since people would flee to btc, then they can withdraw those btc and the regulators would never find out.

>>16578893
Holy shit....what if it's tether exiting....

>>16578941
bitmex is a fucking shit show
binance is a little more grounded

>>16578899
literally raw data. What, do you think the inputs for this graph are fake??

>>16578959
>>16578946
>Tether is exiting
I don't understand this narrative. Exiting the synthetic USD(T)?

>>16578888
>Nobody buying and selling
Please explain? The volume still looks pretty decent for BTC and most crypto compared to previous years

>>16578948
>>16578946
>>16578959
>>16578964
dumbest fucking idea I've ever heard
get off my thread or I'll start posting brappers

>>16579072
if Tether implodes, or some bad news comes out that it's insolvent or something, people will immediately sell all their Tether coins for some other coin. Most people will sell it into Bitcoin because it is the most liquid market and pump up the price of BTC. So perhaps Bitfinex is buying Longs thinking this is going to happen. That's the theory

>>16579063
They have been proven to lack the funds to back it a time ago, the tether pumping thing is fud and fake.
The tether lacking funds to back 1 usd 1 tether is real and the regulators have been fucking them up.

>>16579139
This is the idea, also bitfinex and tether are owned by the same french guy that no one ever saw(the bogs probably and not even memeing).

They been hunting at the zoo by doing 8% pumps and dumps short term to rig their casino.

But after they lost nearly 1b in funds to back tether they been struggling , also banks are closing their accounts non stop.

If they are about to get fucked then bitfinex will take the chance to get their funds into crypto since their bank accounts are about to be assraped by regulators.
This mean they will go all in into btc that has the lowest inflation and biggest liquidity.

That's just one theory of why this is happening,

or bitfinex knows they will print tether one last time for one last pump

>>16579139
What makes these fuck wits think they are getting anything out of these exchanges if tether blows up?

>>16579139
this sound plausible. they know how fucked tether is more than anyone else

>>16578997
>What, do you think the inputs for this graph are fake??

>>16580083
The data is provided by the chainlink decentralized oracle network you faggot, they literally cannot spoof it

>>16580125
wow.. the desperation is strong with linkies these days.

>>16579081
This is now a brap thread

>>16578876
It’s gonna dump even more

>>16578876
WHAT DO THEY KNOW

>>16580441
don't make me dump asian feet pictures from twitter

>>16580522
they know.