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8810434 No.8810434 [Reply] [Original]

Why isn't it going down

We were supposed to be below 6k by now

>> No.8810446

>>8810434
relax and just wait a few days

>> No.8810449
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8810449

How could the government let the market be longed like this?

>> No.8810573

>>8810446
Been waiting weeks and its still not dropping

>REEEEEEEEEEEEEEEEEEEEEEEEE

>> No.8810678

>>8810434
It's just being prolonged so alts can bounce a bit, be patient anon pound town soon

>> No.8811922

>>8810434
>doesnt realize the correction is over
see you at 10k, lmao

>> No.8812070
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8812070

>>8810434
why am i getting margin calls? this bulltrap is lasting longer than expected

>> No.8812088

>>8810434
We were also supposed to reach 30k in January. People aren't too good in judging when one trend is over.

>> No.8812119
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8812119

>>8812070
Soon my friend, soon

>> No.8812127

>>8811922
Scams all over the industry
Horrible managed projects still operating
Manipulation does not tries to hide anymore

Sure, "correction is over".
We did not even crash yet.

>> No.8812332

>>8812127
>We did not even crash yet.
You're dumb as hell. Even if you believe that it will go down again, you can't say that over 95% of tokens and coins going down 60 to 99% in the last three months doesn't qualify as a crash.

>> No.8813085

>>8812332
>you can't say that over 95% of tokens and coins going down 60 to 99% in the last three months doesn't qualify as a crash

Sure I can. I can even justify it.
A crash usually has a corrective impact on the market. Fonds and the like get crushed and vanish, if they did not adjust their risks accordingly. Companies close down, as the demand they build their business on were artificial.

But this the "correction" did not had any of this, there were no corrective impact. The only thing it did, was pushing down the cryptoportfolio of a couple of hodltards. Aside from Bitconnect, all projects are still "operating" aka "at least they post something on twitter from time to time". No stress, not even on retarded projects that did not cash out the ETH from their ICO.

As soon as we see these exact projects crash, bitfinex crumble and most scamers leaving the market, we can say "it is over" and assume a new bull. But with all these factors still in, we are just done with the foreplay. The gangbang has not even begun and reality will neither use lube to pound your smooth underage virgin pussy, nor will it do you the favor of finishing outside.

>> No.8813126

>>8812088
this

>> No.8813238

>>8813085
I know you cunts are saying the most retarded things ever to accumulate as much as you can during april but c'mon man, this is fucking futile. Anyone who hasn't sold yet it's obviously not going to sell now. Why don't you try doing this stuff in reddit? They are quite stupid, they might even fall for it. It's a more efficient use of your time.

>> No.8813269

>>8813085
Wtf are you talking about. A bunch of crypto hedge funds CLOSED, do you not follow the news at all? There were SUICIDES. It was a CRASH.

>> No.8813310

>>8813238
You dont understand the point. All it needs for the price to drop, is not just people sellin or not sellingg.

It is more about people stop buying.

>> No.8813312

>>8813085
None of them catastrophic things happened in any previous crashes tard

>> No.8813381

>>8813310
So stop buying. You and your friends are the ones doing it now afterall :^)

>> No.8813392
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8813392

>>8813085
>crypto is the same as stock markets.

>> No.8813435

>>8813269
Strange how I never heard of any of this and I follow crypto news. Got sources?

>> No.8813449

>>8813269
>A bunch of crypto hedge funds CLOSED, do you not follow the news at all? There were SUICIDES. It was a CRASH.

And yet, we still have Verge (which ACCIDENTALLY hardforked), Tenx (with a literall conman as CEO), Tron (with a copy/pasted whitepaper) and dozens of project in the market, all above ICO price. With a systemical danger in the form of Tether and manipulation on the exchanges itself.
The market is the same it was in december, just with less idiots buying.

>>8813312
>None of them catastrophic things happened in any previous crashes tard
Lehman Brothers
Dotcom shutdowns

Find me equivalents of similar impact in crypto space. Did polo shut down? Bittrex? Which project had to close down, because their ETH-funds could not provide enough liquidity for them to pay their rent for another month?

>> No.8813583

>>8813392
Just applying basic logic for you brainlets.
Stop handwaiving "this market is different" and deconstruct it, if you like. You will realize, that every crash in history, be it dotcom, subprime or beanie babies had actual impact on the market it was traded on. Sometimes, it spread (subprime & dotcom), sometimes not (beanie babies).

With crypto, we still see no consequences. We are at "return to normal" and at best only a couple of months away from a major crash way below what you would consider rational.

>> No.8813874

>>8813583
>crypto
>logic

pick one.