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/biz/ - Business & Finance


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15210907 No.15210907 [Reply] [Original]

Strap in, buckos.

>> No.15210934

>weekly close
>in a 24/7 market

You dumb, kid?

>> No.15210952
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15210952

>>15210934

>> No.15210955

>>15210934
learn what a candle is.

>> No.15210963
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15210963

>>15210934

>> No.15210979

>>15210934
Are you new? Everyone knows traders look at closes to determine support/resistance. The longer the time frame, the more important. With BTC, the closes are based on UTC time. The highest weekly close since Jan 2018 just happened, and is a very bullish signal.

>> No.15211007

>>15210979
He's actually smart in a way because traders are fucking retards and i think that's been established in almost every sense of that word

>> No.15211036
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15211036

>>15210907
last week was bullish engulfing so this week was sure to pump, but then it rejected the same trend line from the previous weekly tops
if it was that bullish it would not have rejected the level and closed above 12k

>> No.15211062

>>15211036
Relax, Tether printers will resume after the AidilAdha holidays

>> No.15211077

>>15210979
If it never closes then maybe your candles are bullshit?

>> No.15211084
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15211084

>>15211062
or they will keep burning
the NYAG case isn't closed

>> No.15211129
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15211129

>>15210934
>You dumb, kid?
t. Brainlet

>> No.15211343

>>15211129
>bitcoin never moves according to TA
>TA based of market trend of markets which actually close and open

Why is it a stretch to assume that 24 7 exposure to market force results in TA being inaccurate? You think more data points help? Apparently not.

>> No.15211448

>>15211343
but the candles do close you dum fuck. otherwise we would not have weekly or monthly charts
and yes trader do trade according to closing prices of these candles

>> No.15211483

>>15211084
those are reserves being burned, NOT circulating tether
mcap is still the same after that

my personal take is they're moving those to the dark chain, but who knows. the prints will continue regardless.

>> No.15211512

>>15211483
>the prints will continue regardless.
unless they get shut down ...

>> No.15211528

>>15211512
Good luck shutting down an enterprise based in hong kong lmao

>> No.15211560

>>15211512
take this from someone who was a bobo and was 100% into tether fud, tracking all of the breadcrumbs

it's obvious there is very little they can do now. tether themselves are wising up and realizing what they're doing is unsustainable. if dark tether is true, this ponzi will continue on indefinitely, until crypto becomes so massive that tether will be irrelevant/will fade into the background. do not bet against tether.

>> No.15211594
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15211594

>>15210934
>You dumb, kid?

>> No.15211698

>>15211448
No the candles don't close...its just an arbitrary measurement created by observers. Candles aren't real.

>> No.15211712

>>15210934
dumb ass nigga

>> No.15211934

>>15211698
candles represent price moment for given length of time, they might be arbitrary but so is the measure of time
only a retard would fail to understand this

>> No.15211960

>>15211698
holy shit imagine being this fucking stupid

>> No.15212211

>>15211560
Unless they fail and crypto doesnt become massive

>> No.15212333

>>15210979
Mmmmn Jan 2018
I know what the means
I'm hard

>> No.15212354

>>15212211
well most of us are extremely bullish for crypto long term, no clue what you're doing here if you aren't

>> No.15212527
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15212527

NOPE sorry but CHAINLINK is going to take 5% dominance from BTC thx

>> No.15212962
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15212962

>>15210934
Holy shit the absolute state of /biz/

>> No.15213191

>>15211560
https://medium.com/coinmonks/did-tether-just-create-a-2-27-billion-monero-like-dark-pool-using-liquid-522178e4e508