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/biz/ - Business & Finance


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6575919 No.6575919 [Reply] [Original]

Why are all graphs on Coinbase the same-ish?

>> No.6575941

>>6575919
they save on graph pixels that way bra

>> No.6575956

>>6575919

bots

>> No.6575987

>>6575941
also, all three markets are correlated as fuck

>> No.6576071

>>6575919
All coins are actually just the same coin and the Jews have been tricking you to think otherwise all along

>> No.6576085

>>6575987
>>6575956
>>6575919

Retards, these trade primarily against USD. More people are selling than they are buy, aka exiting crypto to fiat. The correlation is no coincidence and is completely obvious to what is currently happening. What are you not understanding?

Also, “muh bots”. The fuck do you think bots do?

>> No.6576127

The entire market is being manipulated. All coins dump with each other. It's a joke.

>> No.6576346

>>6576085
This. If you conceivably hold enough market share, or can get enough big fish together, you could pump and dump everything over the course of a couple of months, bringing investment confidence up and vacuuming up the money that comes into the market by selling off at a much faster rate. If you don't think some of the biggest active wallets aren't manipulating shit you're crazy.

>> No.6576462

Coin markets are strongly correlated. For some reason Ethereum Classic has the least amount of correlation with the rest. Can anyone explain this?

>> No.6576523

>>6576462
bigbuxx bitcoiners didnt diversify in it, duh

>> No.6576568

>>6575919
Because most of the coins live off Bitcoin.

If Bitcoin tumbles, they tumble, if Bitcoin is strong, they are strong.

>> No.6576670

They save money by just using the same charts. Its just a different colour so you think it's different

>> No.6576995

>>6576568
>Because most of the coins live off Bitcoin.

Alts pumped as Bitcoin was crashing at the end of December last year.

>> No.6577042

>>6576995
bitcoin diversified into these alts, that was why it dipped, people were closing positions and looking for other moon missions.

>> No.6577875

>>6575919
Bots linked to BTC

>> No.6577924
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6577924

>>6575919
They are derivatives of BTC

>> No.6577979

its some weird mental trap that whales hold.
they think bitcoin is the only coin that matters even though it is a piece of shit