/biz/ - Business & Finance

[Anonymous No.22174975]

Bitcoin fell because of longs being liquidated.

This is literally why it will never be 20k again.

Exchanges will trade against their client positions in order to liquidate their leveraged positions and take their shit.

When there is optimism in the market a million longs pop up then the exchanges have a reason to stop hunt their positions, the liquidations plunging the price.

Leverage and futures have destroyed crypto but retarded gamblers will just keep doing it.

[Anonymous No.22175128]

k

[Anonymous No.22175710]

>>22174975
Where can I invest in dubucoin

[Anonymous No.22176116]

>>22174975
Ah yes, you get it now..
That's the reason I stopped buying.. it's unfortunate, but places like bitmex are running the show now..

[Anonymous No.22176358]

>never
>exchanges

[Anonymous No.22176416]

Just.

[Anonymous No.22176441]

Fucking gooks all same boy lookin'.

[Anonymous No.22176542]

>>22174975
>Exchanges will trade against their client positions
If only you knew how bad this really was

[Anonymous No.22176607]

>>22175710
Imagine longing the Twice bull run.

[Anonymous No.22176654]

>>22174975
Youre an example wy /biz/ can't trade...

Every short position has to close as a buy. Shorting makes the price go up over time and without a steady supply of short sellers standing in the way rallies eventually putter out...

People also seem to believe hodling keeps price up, when its the opposite.

[Anonymous No.22176763]

>>22174975
not sure if this is a <90 or 130+ IQ post - but you are fundamentally correct

[Anonymous No.22177482]

Thats why defi will end the chinks

[Anonymous No.22178466]

Just

[Anonymous No.22178530]

>>22177482
S-class waifu
C-class anime