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20916322 No.20916322 [Reply] [Original]

Same fucking pattern every crash

>> No.20916336

>>20916322

Why the fuck has every single crypto dropped at the same time

What possible force could cause that to happen

>> No.20916376

>>20916336
happened last summer with with 14k btc
whales cashes out, liquidates many bulls

>> No.20916383

>>20916336
>shitcoins follow btc
No wonder why

>> No.20916401

>>20916322
U MUSTVE NOT BEEN HERE FOR BLACK THURSDAY. THE DUMP THAT WOULDNT STOP.

>> No.20916423

>>20916336
stop losses retard, is it your first day?

>> No.20916440
File: 94 KB, 1086x638, same.png [View same] [iqdb] [saucenao] [google]
20916440

Obviously the line had to be retested now that its done only blue skies ahead

>> No.20916461

>>20916322
Relax. It’s just exchanges liquidating over leveraged longs.

>> No.20916477

>>20916336
Some whales just buy everything in the top 100

>> No.20916501

this blatant manipulation has to be illegal

>> No.20916522

>>20916501
lol are you stupid? have you seen how manipulated the stock market is? this is nothing compared to that

>> No.20916531

>>20916401
On black monday/thursday the funding rates stayed positive all throughout the dump. This means each dip was trying to be bought by new leveraged longs. With this flash crash the funding rates are turbo-negative already at least for now, so there are no longs to liquidate by going down. Unless this changes soon this could turn out to be a bart.

>> No.20916532

>>20916376
But how does every coin do it at the same moment? Is the 1% really that powerful and do they own a percentage of everything?

>> No.20916534

>>20916401
that was an exogenous event

>> No.20916541
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20916541

>>20916522
i know im running off emotions right now its just not fair

>> No.20916550

Bought another 1k of KNC just now. Ready to make some dosh.

>> No.20916561

>>20916534
It was not. The corona narrative for that is a meme, many people predicted it would happen based on longs being WAY WAY WAY too overleveraged in full euphoria mode.

>> No.20916569

>>20916336
Trading bots. BTC dumping? Sell everything. Also triggers limit sell orders and stop losses along the way.

>> No.20916571

>>20916322
I hope those shorts got fucking wrecked.
Fucking bitches.

>> No.20916575

where the fuck can i do stop losses on crypto

>> No.20916576

>>20916532
Bots selling everywhere

>> No.20916579

>>20916532
>I'm new
We know bro

>> No.20916581

>>20916501
When bitcoin went up trough manipulation I bet you didn´t complain.

Fucking nigger.

>> No.20916586

>>20916534
Go back to Africa.

>> No.20916605

>>20916532
thousands of bots chasing value where they see it

>> No.20916609

>>20916322
that was not a normal crash

someone literally abandoned the market with a whole lot of money. this was the top of this pathetic rally, that's pretty obvious

>> No.20916634

>>20916609
cant just be one person

>> No.20916637

Buy the dip you retards

>> No.20916654

>>20916609
This.

Anyone with a brain knows Monday is going to be bloody.

>> No.20916668

>>20916522
This. People are freaking out about the Zeus capital fud, but Atkinson literally funded a documentary on Herbalife for the same reasons. Stonks are just shitcoins you can’t afford yet.

>> No.20916671

>>20916575
at any big exchange?

>> No.20916686

>>20916671
i dont got a id im on fucking robinhood constantly watching this shit

>> No.20916699

>>20916634
Considering that this market has close to zero liquidity it only takes a single big sell to destroy all orderbooks one by one. A single 1M usd sell will trigger a bunch of red flags and bots inmediately start pulling order, just like what happened during the march 12th massacre

>> No.20916706

>>20916654
you think so ? Watch gold and silver blast of
By the way BTC resistance is at 35k im selling at 31500

>> No.20916708

>>20916609 >>20916654

maybe this was the dump that will continue the rally, someone had to take profits

>> No.20916744

>>20916654
what's going to happen

>> No.20916763

>>20916609
There was money to be made by liquidating longs somewhere because of market euphoria making them careless. Someone took it. Funding rates are negative everywhere I look, there are no longs left to liquidate. Buy the dip (or don't panic sell).

>> No.20916799

>>20916440
>this arbitrary line i drew had to be retested
>had to
market doesn’t work like that buddy.

>> No.20916803

>>20916708
you don't just simply "take profits" in this market.Orderbooks are paper thin even if they don't look like that, a single substantial sell order can rip an entire rally in just a few minutes. Remember, this market has no real buyers, it's all just bots and tether keeping the ponzi alive at this point. There is no money here, and when someone exits the market for real it shows

>> No.20916813
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20916813

>>20916706
>By the way BTC resistance is at 35k im selling at 31500

Thats some fucking delusional shit right there.

>> No.20916826

>>20916634
>what is CZ

>> No.20916834

>>20916336
Because every single crypto compares itself to BTC, the Kang.

>> No.20916849

>>20916744
We go back to 10.2 range. Then we slowly move back up to 11k, then 12k.

>> No.20916875

>>20916813
thats exactly the emotion im looking for same emotions as in 2017

>> No.20916942

>>20916706
no proof tho

>> No.20916947

>>20916609
This is a sucker's rally.

>> No.20916959

>>20916336
Xsn hasn't changed.

>> No.20916982

>>20916609
every crash in every market and every economic system is 'normal' you fucking retard.

>> No.20917001

>>20916461
so your saying it was just dumbasses going long 100x at the top?

>> No.20917018

>>20916942
confidence in governments around the world is collapsing this pushes people to buy gold and silver 2021 will be glorious for precious metals and toilet paper

>> No.20917121
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20917121

>>20916322
ONE THING. I DON"T KNOW WHY

>> No.20917207

>>20916803
True. Hopefully there isn't another massive dump right after this one, but there's definitely a good chance.

>> No.20917239

>>20916336
Most altcoins trade against BTC. Traders bet on the realtive value to BTC, not USD.

>> No.20917304

>>20916686
you a mutt? just sell overnight then, otherwise a vpn and a btc atm will let you trade on any big exchange
consider the taxman might come for your ass eventually if you go the vpn+btc atm route
if you aren't a mutt i don't know why you would need an id
>>20916609
this is a normal bullrun crash in crypto, whales love liquidating fomo'ing gamblers and panic sellers
if it was too much for you exit the market during what crypto haters will call a dead cat bounce, ie. now
>>20917018
It's already glorious for gold/silver and pm miners, where have you been

>> No.20917358

>>20916532
It’s the arbitrage bots bruh. You new?

>> No.20917407
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20917407

>>20917304
This nothing yet
I was riding FVL Freegold Ventures Limited

>> No.20917540

>>20916668
Best analogy. The crypto world has actually been MORE stable this year, actually having gradually rising values, while literally every stock outside of Tesla and Amazon looks like a pajeet shitcoin PnD

>> No.20917731
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20917731

>>20916763
>funding rates are negative everywhere

>> No.20917759
File: 91 KB, 772x988, 1517956861878.png [View same] [iqdb] [saucenao] [google]
20917759

congratulations, you just drew a bear flag, OP

>> No.20918041

>>20917759
8.20

>> No.20918912

>>20916609
wrong, brainlet

someone just saw all the leveraged longs on bitmex on the like, dumped bitcoin causing mass liquidations, then bought back in from liquidators

oldest trick in the book

>> No.20919957

>>20916336
Bot trading

>> No.20920081

>>20916336
gtfo newfag

>> No.20920107

>>20917759
It's manipulation, its already back at 8.50

>> No.20920125

>>20917759
kek

>> No.20920135
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20920135

>>20916336
To get the weak-willed fags to panic and mass sell so that we can buy low again. Jolly good game. Thanks for the money