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/biz/ - Business & Finance

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18916919 No.18916919 [Reply] [Original]

Who is actively suppressing the BTC price and why?

>> No.18916944

>>18916919
probably the inventor of it because he can. sorry your stupid memecoins have no value based on anything in reality

>> No.18916956
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18916956

>>18916919
Zoom out

>> No.18916964
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18916964

>>18916919
Eat a dick mumu, see you at 7k

>> No.18916967

WHAT DO I DO DO I SEELLL AHHH????

>> No.18916972

miners who sell at the top before they capitulate from the halvening. A lot of miners will be forced to quit, and they will sell

>> No.18916978
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18916978

>> No.18916987

>>18916967
you should have sold the second it 9400 and was immediately rejected for the 3rd time
anyone that couldn't see a correction coming was blind.

>> No.18916988
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18916988

It's a mystery

>> No.18917011
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18917011

I shorted at 9400

>> No.18917012

>>18916972
Yeah. All pumps are just miners exiting at the local top.

>> No.18917956
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18917956

>>18916978
WTF is going on there!?

>> No.18917980

>>18916919
Chinks probably

>> No.18918039

>>18916919
>actively suppressing
people who sell high(er)

>> No.18918111
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18918111

>>18917956
Those are men

>> No.18918123

Its just algo shit, once or twice a day algos will trigger a chain reaction that will make the price shoot up or down.

There is no fundamental or logic to it.

>> No.18918177
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18918177

>>18916964

>> No.18918184
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18918184

>>18916919
>They bought?

>> No.18918191

>>18916978
With a crisp glass of sav Blanc in my hand I give a smug smirk to the camera. I have been preparing for this moment all week. Bruno Malli gloves, silk scarf, ridiculously oversized pocket square, and 1:1 gold plated replica Rolex Presidential. My autism prohibits me from being not being overdressed for everything I attend. Fraud?!? How can I be the fraud look at what I am wearing!

>> No.18918218

They also need to eliminate some of the more profitable longs before they continue shooting up, with the benefit of dumping the shorts that were just opened

>> No.18918230

>>18916919
It's down $100 compared to a few hours ago. I wouldn't call that "suppressing the price" and more that we've been pumping nonstop and a couple hundred dollars difference when we're almost at 10K is expected.

>> No.18918252

>>18918230
How do you guys sleep knowing you could fall asleep and wake up to it being down 50%? Atl east with stocks they stop until a time.

>> No.18918274

>>18918252
lmao all the big moves with stocks happen after the day is over. at least with crypto you have a chance to sell at 12am

>> No.18918337

>>18918252
Bitcoin never sleeps, not once did a circuit breaker trigger through the worst sell-off of the DOW. It never stops trading, and it never will. It is the ultimate expression of a free market where price discovery still exists.

>> No.18918612
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18918612

>>18918184
doomp it

>> No.18918689

>>18918337
Remind me again the rough ownership distribution of this paragon of market freedom and discovery? Is it still like 90% owned by <100 addresses?

>> No.18919357

>>18918252
>How do you guys sleep knowing you could fall asleep and wake up to it being down 50%

How often has that actually happened? The last time it did I bought more since I'd been waiting a year after missing out the first time; I knew that I probably wouldn't get another chance. And the only reason I likely got a chance to buy at that level again is because of a global pandemic that cut everything in half. We're now higher than we were before the fall off.