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/biz/ - Business & Finance


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18998220 No.18998220 [Reply] [Original]

Actual discussion thread
why did bitcoin dump so hard, I dont understand?

>> No.18998245

why does the tongue thing actually work the way it does?

>> No.18998256

>>18998245
It doesn’t though

>> No.18998260
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18998260

>>18998220
>trying to make sense of reality in 2020

>> No.18998261

>>18998220
probably so someone can buy cheap before the halving.

>> No.18998266

>>18998220
>did bitcoin dump so hard
real answer: whales know its going to pump tomorrow so they were shaking out some fags today...i actually think they were hoping for a bigger crash.
anyway all the money + more will be put back tomorrow.

>> No.18998283

The drop occurred in 10 mins. It mostly came from one address. George Soros?

>> No.18998305

>>18998220
Not true, otherwise these porn-addicted incels wouldn't always be asking what pussy tastes like.

>> No.18998354

>>18998305
I think for it to work you must have tasted it at one point in your life. And we licked most things as toddlers, so we have a memory, but not with pussy

>> No.18998367

>>18998220
We literally licked everything when we were babies. That's it

>> No.18998401

>>18998245
cuz hands - sense of touch (for the retards)

>> No.18998408
File: 759 KB, 825x3374, How to live like a king for very little.png [View same] [iqdb] [saucenao] [google]
18998408

>>18998367
only speak for yourself faggot

>> No.18998414

>>18998220
Dude, it was literally the easiest call ever, I kept saying to retards on /biz/ but all of you are 14-year old ADD pajeets.

Crypto is 99.9 percent speculation, crypto prices go up always go up when good news happens, and dump when that event happens because the fundamentals literally don't matter.

Add to that the fact that we are literally in the biggest recession since the great depression, why would anyone buy fucking bitcoin during this time? If anything they would be taking it out as soon as it when up to a good price

You niggers are seriously retarded holy shit

>> No.18998416

>>18998220
Not that complicated to change understand. People who bought a lot of BTC more than 2 months ago making money off of people who bought in the last 3 weeks

>> No.18998448

>>18998414
so you knew, and thats why you shorted and made a few k right?

>> No.18998476

>>18998408
>don't have kids 7 billion is too many
stopped reading

>> No.18998499

>>18998283
source

>> No.18998504

>>18998476
I agree, he is wrong on that one, you have to have kids, but you need to take a few people out in exchange

>> No.18998506

>>18998448
Nah, actually I invested back in eth in like 2013 so I don't really give a shit anymore.
I took out my eth before the halving to get into stocks cuz they looked pretty wild, but then I realized that taxes are going to fuck me over hard if I actually withdrawal, so I'm just waiting for it to crash low enough so I can buy back.

>> No.18998522

>>18998408
>that pic related
cringe

>> No.18998530

>>18998506
not 2013 2016 lol, back when i was a soph

>> No.18998553

>>18998354
The image doesn't say that

>> No.18998593

>>18998448
yeah I knew and shorted, without any insider information

>> No.18998620
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18998620

>>18998220
Because its a total scam
and incredibly faggots just like u are attracted like moth to a flame you utter bag holding faggot piece of shit
Now get back to cuck slaving or dole bludging.

Or stop being a worthless drainage faggot cuckhold on society and get a real job

Fuck it just KYS faggot
Immediately!!

>> No.18998624

>>18998220
>he thinks that was a hard dump.

This is only the beginning famalam

>> No.18998649

>>18998220
because someone with a lot of BTC sold, that's it

>> No.18998667
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18998667

>>18998408
>Don't have kids, well-educated, considerate and conscientious white man reading this

>> No.18998693
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18998693

>>18998414
BTC is a game of (dis)trust depending on the times.

>> No.18998735

>>18998266
The whales stopped the crash someone bought like 90 billion bitcoin right when it hit resistance

>> No.18998747

>>18998735
90 million usd worth of bitcoin was bought I mean

>> No.18999230

>>18998245
because when you were a toddler you put all that shit in your mouth and now you remember it

>> No.18999489

>>18998408
>how to be a powerless, physically weak good goy consooomer that wanks off to his own farts

>> No.18999503

>>18998367
So that's how I remember daddy's cummy's?

>> No.18999586

>>18998408
>If you like booze drink it
>Don't have any kids though
Lol this fedora wearing faggot. I bet this was written around 2010

>> No.18999663

>>18998408
Gay , cringepilled, soi garbage

>> No.18999822

>>18998220
the market cant crash if it isnt artificially high in the first place, so you should be asking "why did it crash" but also, "why did it pump to begin with?"

And the answer is, a bunch of shills shilled the halvening as if bitcoin trades on supply and demand and not euphoria. So a bunch of noob retail traders bought in and got dumped on.

And coinbase went down to stop their users from selling. Coinbase doesnt want btc to die. It's the golden goose for them. Remember, the gold rush, the ppl who got rich werent the miners, they were the pickaxe sellers etc.

Coinbase is a pickaxe seller. They dont give a fuck about btc. They just want to earn those trading commissions.

>> No.18999832

>>18998504
Based

>> No.18999855

>>18998624
Looking for that 2k btc price. I wanna see neets and faggots jump from the rooftops

>> No.19000355

honeslty tho most coins dropped in the same manner today. Look at ETC and LINK. Suffered from the same price drops.

I honestly think someone or a bunch of people sold at the exact time on many coins. maybe it was the same person..