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/biz/ - Business & Finance


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12057522 No.12057522 [Reply] [Original]

This is the bottom.

>> No.12057531 [DELETED] 
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12057531

>>12057522
I'm still scared fren

>> No.12057539

>>12057531
Check my digits.

>> No.12057545
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12057545

you wish

>> No.12057548

Last two digits are ETH bottom

>> No.12057551

>>12057531
that's because you have no testicles

>> No.12057554 [DELETED] 
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12057554

>>12057539
Checked. I feel a bit better now.

>> No.12057556

>>12057554
I meant check my digits here: >>12057522

>> No.12057557

>>12057548
that's about right

>> No.12057566 [DELETED] 

>>12057556
I understood

>> No.12057578

>>12057522
this bitch will bottom out at $42

>> No.12057581

>>12057522
there is no bottom

>> No.12057589

>>12057522
NO, you're the bottom

>> No.12057595

>>12057581
We're down 95% from ATH. This is the bottom.

>> No.12057607

>>12057595
Notice the digits ending with 95. 95% from ATH is the bottom. That's it, folks.

>> No.12057610 [DELETED] 
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12057610

>>12057595
That doesn't mean it's over, could go down 99% or more even.

>> No.12057612
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12057612

>>12057531
Hang in there, you're gonna make it fren

>> No.12057618

>>12057610
That math is wrong. Amazon crashed 92%.

>> No.12057623

>>12057545
underrated but also false

>> No.12057631
File: 12 KB, 717x176, eth orderbook.png [View same] [iqdb] [saucenao] [google]
12057631

Order books are empty on the sell side. This. Is. The. Bottom.

>> No.12057647
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12057647

>>12057631

>> No.12057693

>>12057631
you do know this chart is bearish? it basically means buyers expect it to fall further

>> No.12057705

>>12057522
OH NO NO NO

>> No.12057709

>>12057693
You're right. But it could also mean that there aren't many sellers left at these levels. There's no way to know for sure.

>> No.12057713

>>12057631
>falling for fake buy walls
spotted the newfag. go buy the "bottom". go all in

>> No.12057714

>>12057581
this
Soon you'll owe money for holding ETH

>> No.12057718

The bottom is 0

>> No.12057762

>>12057709
nope, sellers aren't putting orders on the book anymore, they're looking to market sell right into the buys thats why it looks like that

>> No.12057777

>>12057762
you don't know shit, bitch, quit acting like you do

>> No.12057790 [DELETED] 

>>12057777
Lucky quads. I know who I'm believing.

>> No.12057793

>>12057777
:(

>> No.12057795

>>12057709

A lack of sellers generally causes a increase in price.

But then again, the lack of regulation in crypto means that you can't always expect things to act normally.

For example, in regulated markets you have "market makers", who exist to provide liquidity in the market. They buy when no one buys, and they sell when no one sells. That is their function and they create (relative) price stability.

>> No.12057799

>>12057777
Checked.

>>12057762
You don't know what's really happening, you can't draw this sort of conclusion based on the order book.

I'll just tell you this: if you place a $3 million buy order on Coinbase Pro right now you will temporarily pump the price to $150.

>> No.12057801
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12057801

>>12057777
checked

>> No.12057811

The bottom is $7 like the Money Skelly has said. Why won't anyone listen

>> No.12057823

>>12057522
What do you guys think about the upcoming fork next month?

>> No.12057836

>>12057799
lol try it. S m h at this noob giving advice.

>> No.12057861

>>12057607
notice the digits. $7 is the bottom

>> No.12057864

>>12057861
I didn't give any advice.

>> No.12057912

>>12057799
I would like to hear your logic on that 150 price increase lmao

>> No.12057931

>>12057811
Source

>> No.12057937

>>12057912
Sum of all orders from $85 to $150 is around $3 million, so a market buy of $3 million (if such a thing was allowed) would cause a spike to $150, but then the price would crash back to the 80s. It would be bullish anyway.

>> No.12057982

>>12057799
Limit orders would trigger and bots would try to push it back down. You're right that the order book is thin, but that's not all there is to it.

>> No.12057992

If I get dubs ETH goes to $7.77

>> No.12057997 [DELETED] 
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12057997

>>12057992

>> No.12058044

>>12057937
it is allowed, why do you think ETH flash crashed to $14 this week

>> No.12058053
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12058053

>>12057545

>> No.12058059
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12058059

>>12057589
>>12057578
>>12057545
>>12057693
>>12057713
>>12057714
>>12057718
>>12057836
I gave you everything you needed to succeed yet you didn't listen.

>> No.12058075

>>12058044
Only in some exchanges.

>> No.12058090
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12058090

>>12058059

>> No.12058185
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12058185

OK, so is anyone going to thank me for the call? Give me some recognition please.

>> No.12058205 [DELETED] 
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12058205

>>12058185
Thanks fren
>>12057612
>>12057647
>>12058090
Thanks to you too

>> No.12058220

>>12058185
check back in 2 hours

>> No.12058245
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12058245

>>12058220

>> No.12058865

>>12057762
>I know what everyone is doing

Shut the fuck up retard

>> No.12059351 [DELETED] 

>>12057799
but no one with $3m to blow like that would be willing to do that, when they'd get more ETH by pushing the price down

>> No.12059457
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12059457

>>12058205
Np.

>> No.12059647

>>12057522
100% $80 bottom

hope you got in /biz/ we're climbing to $200 by costinnipple release (jan 12th)

>> No.12059861

>>12057522
or not, what we should do?

could someone please stop selling this shitcoin

>> No.12059995

>>12059861
buy more at $70
buy more at $60
buy more at $5
buy more at $0

>> No.12060287

btc 1300 means eth at 15. Only decent historic support is at 15.

sub 1k btc = $7 eth

>> No.12060540

>>12057548
This is the correct answer.

>> No.12060589

>>12060540
558 tmrw

>> No.12060617
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12060617

>>12057522

>> No.12060663

>>12058059
>>12058185
/biz/ got it right for once but no one gives credit to OP.

>> No.12061068
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12061068

I can't believe this shit. And I bet some /biz/ retards bought on pick too.

>> No.12061100

>>12058059
this bitch will bottom out at $42. not 41. not 43. screencap this

>> No.12061120

>>12057607
Idk who the fuck you are with your shitty analysis but we were literally lower yesterday so we cant be at the bottom today, its just a dead cat bounce. Bottom between 33 and 66 bucks

>> No.12061492

>>12061100
WEW LOOK AT THOSE NUMBERS

JUST SET BUY ORDER TO $41 ALL IN 10X LEVERAGE

CAP IT