/biz/ - Business & Finance

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Anonymous Mon May 27 13:39:14 2019 No.13863645 [Reply] [Original]

Why are people calling this run artificial? I mean the volume is huge, is that not an indicator of organic/institutional interest?

>>	Anonymous Mon May 27 13:40:16 2019 No.13863657 coz tether is not following

>>	Anonymous Mon May 27 13:40:56 2019 No.13863668 Tether print machine backed by nothingburgers just produced hundreds of millions of fake dollars in the last 2 months. That is why. They use fake dollars to buy crypto while normies put in their life savings.

>>	Anonymous Mon May 27 13:56:32 2019 No.13863898 >>13863668 Basically an advanced form of counterfeiting that boomers can't grasp, so the secret service ain't doing shit about it.

>>	Anonymous Mon May 27 14:00:46 2019 No.13863965 google trends give it away, my dear goldman sachs. Now go and fix that window into what you're doing. Better luck next time manipulating the price.

>>	Anonymous Mon May 27 14:41:22 2019 No.13864540 >>13863668 I've just checked. Since the beginning of Feb the volume has increased by 50% (from 2 to 3 billions)

>>	Anonymous Mon May 27 14:45:49 2019 No.13864609 File: 70 KB, 720x960, 1548892607818.jpg [View same] [iqdb] [saucenao] [google] >>13863645 xplain that photo

>>	Anonymous Mon May 27 15:21:31 2019 No.13865066 >>13864609 It's her cuck bf.

Anonymous Mon May 27 15:22:51 2019 No.13865086
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Because nothing has changed for bitcoin? Lightning is still a dud and the fees are still out of control. Meanwhile tether is printing out the ass. This bullrun is not sustainable.

>>	Anonymous Mon May 27 15:47:10 2019 No.13865477 >>13863645 asian currencies tanking vs. USD, pump is money fleeing SEA like 2017

Anonymous Mon May 27 16:02:05 2019 No.13865677

>>13863645
- Price has DOUBLED since two months ago, on zero news and no change in market prospects or sentiment (other than the change in sentiment brought about by the price doubling itself).

- There has been only one significant pullback, and the market bounced off of it almost instantly.

- Nearly ALL of the upward movement since April 1st has come in the form of huge out-of-nowhere price spikes happening in brief windows of two hours or so, as opposed to gradual upward movement. Obviously that's not large numbers of retail investors buying in (ie, new money coming into the market), because large numbers of retail investors wouldn't just suddenly and independently rush into the market all at once simultaneously. These are massive whalebuys (with additional fuel from the resulting short liquidations). Retail does not cause sudden price spikes, and again, virtuatlly of the upward movement since April 1st has come in the form of these sudden spikes.

- Bitfinex and Tether are in huge trouble. Bitfinex is being sued by the NYAG, and all sorts of dirt is emerging about Tether and market manipulation, suggesting extremely troubled fundamentals in crypto-land. Yet, in the midst of that, this mega-pump is happening? Bullshit.

Go ahead and make money off of this, but the "bullish" trend right now is the most obvious manipulation in the history of the cryptocurrency market. It's literally right there in the charts staring you in the face.

inb4 the brilliant "durr hurr jealous nocoiner COPE" rebuttals. I'm IN this market right now, and I've been making money all the way up. But I don't believe this horseshit for a second and I've had my finger on the eject button the whole time because there's no way that there isn't a massive crash coming.

Anonymous Mon May 27 16:09:31 2019 No.13865785

>>13863898
>so the secret service ain't doing shit about it.
they are...investigation is going. it took 2 years to shut down 1broker after they first started investigating. It took several years to take down the liberty reserve too.
https://www.bloomberg.com/news/articles/2018-11-20/bitcoin-rigging-criminal-probe-is-said-to-focus-on-tie-to-tether

>>	Anonymous Mon May 27 16:18:23 2019 No.13865892 >>13865066 she's hot desu

>>	DarkTrip !nNThBA7CKU Mon May 27 16:21:07 2019 No.13865925 File: 72 KB, 427x427, 1558882682837.jpg [View same] [iqdb] [saucenao] [google] >>13865677 how long till eject?

>>	Anonymous Mon May 27 16:22:35 2019 No.13865946 >>13863668 I don't understand how this works

>>	Anonymous Mon May 27 16:23:52 2019 No.13865977 >>13865946 It’s a fud claiming tether isn’t backed by money in a bank. No one actually knows if it is or not.

>>	DarkTrip !nNThBA7CKU Mon May 27 16:24:55 2019 No.13865993 >>13865946 it doesn't long term which is why you need to tread carefully. once there's a proper audit the house of cards comes down

>>	Anonymous Mon May 27 16:25:42 2019 No.13866004 >>13865977 Even if it is backed, it's still market manipulation.

>>	Anonymous Mon May 27 16:27:18 2019 No.13866021 >>13863645 It's typical "disbelief" from the samefags who said we bottomed at 6k, the samefags who think TA doesn't work, the samefags who fomo at the top and ride the bitch all the way back down to zero.

Anonymous Mon May 27 17:15:13 2019 No.13866797

>>13865785

LR ain't anything like this though. This is some advanced cuckery. Though they maybe investigating, it doesn't take a rocket scientist to figure out this is fraud and should be shutdown ASAP.

Remember when they "investigated" silk road? Took them a few years and all they had to do was Google the guy. Bet the same thing is happening here that they're over thinking it n taking days to make an arrest.

Anonymous Mon May 27 17:27:49 2019 No.13866988
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>>13863645
They are pumping your bags for free and you are complaining
You DID buy the dip right?
Tether is fake and is all irrelevant unless the "real" money come in.
Consider how long way BTC has to go before boomers consider buying. ..30k minimum.
Boomers do not understand the concept of buying the dip.
They are used to eternal growth all their lives.
They buy stocks, RE ...because it always goes up.
To funnel boomer wealth into BTC they have to see the pattern, that is above 30k minimum.

>>	Anonymous Mon May 27 17:30:54 2019 No.13867032 >>13865925 10k btc is the signal.. I might get to 15k, doubt it gets higher

>>	Anonymous Mon May 27 17:32:03 2019 No.13867047 >>13863645 They missed the pump so they're just salty as fuck and want it to come back down, not that they'll buy when it does

>>	Anonymous Mon May 27 17:40:07 2019 No.13867171 File: 916 KB, 1440x2559, Screenshot_20190527-173903.jpg [View same] [iqdb] [saucenao] [google] >>13865677 This nigger knows what's up. Just take a scroll through all the BTC pairs and notice the vast majority of its volume comes from USDT.

>>	Anonymous Mon May 27 18:15:43 2019 No.13867682 >>13865677 Exactly my reasoning too. I'll Hodl what I bought sun $4k, but I'm not buying this run. Not with $1B + Tether getting printed.

>>	Anonymous Mon May 27 18:18:36 2019 No.13867726 >>13867171 They're pumping their bags up with fake tether in order to plug the hole in their balance sheets. their LEO IEO was another attempt at raising funds. Mt. Gox did something very similar before they went insolvent.

>>	Anonymous Mon May 27 18:23:09 2019 No.13867789 probably because everytime bitcoin went up in the last 2 months it was by 20bil market cap in basically a day then did nothing for weeks. the other shitcoins basically followed that pattern respectively. totally organic bro

>>	Anonymous Mon May 27 18:24:30 2019 No.13867812 File: 303 KB, 1080x1830, Screenshot_2019-05-27-21-41-43~2.png [View same] [iqdb] [saucenao] [google]

>>	Anonymous Mon May 27 18:26:41 2019 No.13867841 >>13863645 >>13865677 This fucking guy gets it. Based as fuck.

Anonymous Mon May 27 18:35:16 2019 No.13867957
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>>13865677
WRONG

one look at the charts blows your wall of text

i marked the spots where there is pure retail buying (no spikes)

you are so deep in disbelief that you literally make up arguments. dissonance much.

>>	Anonymous Mon May 27 18:40:10 2019 No.13868019 >>13867957 Why would a small investor want bitcoin? just by sending it to an exchange and back you lose $8.50

>>	Anonymous Mon May 27 18:40:13 2019 No.13868024 I haven't bought any crypto since 4k btc. This whole thing is fake and can detonate instantly. I mean res dildo to 3.5k in an hour instantly. There is no legit volume sustaining what is happening.

>>	Anonymous Mon May 27 18:42:17 2019 No.13868054 File: 22 KB, 1045x368, file.png [View same] [iqdb] [saucenao] [google] >>13863645 >Why are people calling this run artificial?

>>	Anonymous Mon May 27 19:21:45 2019 No.13868500 File: 140 KB, 1114x1741, vol.jpg [View same] [iqdb] [saucenao] [google] >>13868054 can't use CMC data. it's an aggregation of every btc pair so any shit coin that's added that wasn't there in 2017 adds to the total volume.

Anonymous Mon May 27 19:23:30 2019 No.13868518

>>13868500
>>13868054
similarly, xbt volume on bitmex is through the roof but that's whales playing whale games. doesn't mean anything.
fiat volume is all that matters. all bull runs start small. but i have a bearish bias and i think we go lower before any higher than $10000

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