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/biz/ - Business & Finance

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55764764 No.55764764 [Reply] [Original]

Some entity is artificially holding up the price of Bitcoin above $29,000.

>> No.55764767
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55764767

>> No.55764771

>>55764764
Mmmmmmmm bobo cope
Delicious

>> No.55764778

>>55764764
this will dump hard on monday

>> No.55764839

his name is michael

>> No.55764850

>>55764764
>>55764778
>/biz/ back
>same dumb faggots start spewing their retarded shit all over the board
It's all so tiresome

>> No.55764859
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55764859

>>55764764
there is no such thing as an artificial BTC price moron. it's worth what it's worth. the market is a mechanism for price discovery.
your smooth brain wants a God and a Satan because you cannot understand market complexity.

>> No.55764925
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55764925

>>55764859
imagine unironically believing this
price is determined by market makers

>> No.55764930

>>55764925
>the price is x
>imagine ackshually believing the price is x
This is how you sound right now

>> No.55764956

>>55764930
a market maker can easily absorb buys and sells with their stables and tokens created out of thin air, so the price x doesn't represent reality

>> No.55764973

>>55764956
>the price is x
>the price isn't ackshually x
Do you deny the rest of reality in this same way?

>> No.55764980

>>55764859
Holy shit how new are you? So you honestly believe this lol?

>> No.55764982

>>55764973
he doesn't get your point but let me say this

The natural organic price action without market maker intervention would be less volatile. That's why they need to be hanged.

>> No.55764986

>>55764859
Read more about https://www.investopedia.com/terms/p/plunge-protection-team.asp

>> No.55765023

>>55764767
the crab is exceptionally heavy this weekend, i wonder if it means that something big is happening next week (in either direction, i really don't know anymore).