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/biz/ - Business & Finance


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29737217 No.29737217 [Reply] [Original]

why is it dumping

>> No.29737306

to buy the stock market crash

>> No.29737308

Too much bad news over the last few days, especially the last 48 hours. Incredible amounts of FUD from twitter and politicians.

>> No.29737579
File: 135 KB, 600x900, jessicakhater.jpg [View same] [iqdb] [saucenao] [google]
[ERROR]

>>29737217
same reason it dumped before musk bought in.
corpos can borrow bitcoin from those shady lending services like Blockfi, Celcius, etc.
they're not paying out annual interest in bitcoin to not manipulate the markets.

>> No.29737853

>>29737217
Futures short contract expires tomorrow, someone wants it low, F2pool has been pouring BTC into the system.

>> No.29737922

>>29737853
/thread

>> No.29737928

Chinks

>> No.29737978

>>29737853
was this the same reason back in 2018 Jan?

>> No.29738042

biden economy

>> No.29738198

>>29737978
Dec 17/Jan 18 was peak mania after about a 20x from the peak of the previous bullrun.
We have currently just a little over 2x'd from the last peak.

>> No.29738262

Joe Biden is a faggot and a fake president. Did you really expect him to let you make it? He may have literally cut the bull run off halfway through.

>> No.29738269

>>29737217
Yeah I don't get it either. I'm holding anyway, I just find it interesting

>> No.29738419

Nothing to do with crypto specifically. The whole market except commodities are about to crash as the central banks lose control.

>> No.29738502

>>29737217
If you wanna see for yourself watch this weeks vids from this guy
https://www.youtube.com/channel/UCI7M65p3A-D3P4v5qW8POxQ

If not, see below.


>>29737853
This

>>29737922
And this

>> No.29738572

>>29737853
>>29737922
>>29738502
>>29737217

Reminder futures expire 4pm londom time which is about 10 hours from now, so we're going to be looking at potentially 35k till a buy in

>> No.29738747

>>29738572
You think it will rocket up after that? Time for some cheapies

>> No.29738778

it's not dumping shut up

>> No.29738789

>>29737928
it was dumping way before china woke up

>> No.29738806

>>29737217
Cucks sold

>> No.29738824

>>29738572
>Reminder futures expire 4pm londom time which is about 10 hours from now, so we're going to be looking at potentially 35k till a buy in


Where can i check the expiry date?

>> No.29738834

>>29738778
it's kind of dumping bro

>> No.29738846

>>29738747
it wont rocket but itll slowly climb back up, anyone who has a pulse has seen obvious price supression since btw was 58k
>>29738778
retard

>> No.29738889

>>29738824
I got confused about this myself but I know that cme group closes their emini s&p futures at 9:30 which matches their closing time for future trades, so my guess is trades market closed = expiry is exercised, so its 4pm london time on the 26th at the end of each month.

>> No.29738925

>>29738572
so you are saying we should wait for bugers to wake up and dump the market even further? sounds like a retarded plan.

>> No.29738934

>>29738846
cool, thanks bro, I love a slow, steady gain to be honest, this is gonna be peak comfy

>> No.29738960

>>29738789
Bugs don't sleep. Especially the ones working in the mines.

>> No.29738970

>>29738747
also i recommend to buy after you see a giant red dildo, what happens after that with small volume from bots & retail investors you don't really know so only buy after you know f2pool is comitting to the huge ass dildo

>> No.29738986

>>29737217
faggot chinks are bot dumping to buy cheap BTC when it moons, it will always have support at 40k (people aren’t retards)

>> No.29739038

>>29737217
btc futures expire tomorrow

>> No.29739095

>>29739038
lol

watch out for short ladder attacks!

>> No.29739186
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29739186

>>29739038
Are we bullish or even more bearish after they expire?

>> No.29739531

>>29738970
hell yeah, call me the dildo hunter

>> No.29739593
File: 15 KB, 400x366, images (4).jpg [View same] [iqdb] [saucenao] [google]
29739593

Despite anything happen from the "other side" this correction make bullrun safe, we're gonna see $200k BTC this year
WAGMI

>> No.29739687

>>29739593
fuck yeah, we're all gona make it, no fucking question, we're early, we're gonna tell our mulatto grandkids we bought bitcoin back when it wasn't even a million bucks and they won't comprehend it and get sick of our fucking stories

>> No.29739955

>>29739687
lmao, I hope you're right anon

>> No.29740237

>>29739955
have I ever lied to you bro?

>> No.29740300

>>29740237
Well, probably not heh

>> No.29740338

>>29737217
In hindsight, this dump was inevitable. Every single indicator was pointing towards an overheated bull run, simply too much momentum. F2Pool did us a solid by dumping their bitcorns to keep the circus running.

>> No.29740353

>>29737217
>Huge volatility on the last day of the month
>On a massively manipulated futures market
>>29737853
This anon gets it

>> No.29740403

>>29740338
Hopefully this chases away a lot of the redditors and casual buyers too. We didn't need them, they were shitting up good pumps like BNB, GRT and FTM and treating it like a fucking DOGE run

>> No.29740406

>>29738572
nah 39k is the absolute bottom and if it gets there it wont be there for long. I think that 44k it just hit is about as low as it's going.

>> No.29740439
File: 118 KB, 800x600, 1612106130203.png [View same] [iqdb] [saucenao] [google]
29740439

>>29738198
>THE SAME THING AS THE PAST WILL HAPPEN NOW AGAIN
>BUT THIS TIME IT'S DIFFERENT!!!!!!!!

>> No.29740462

>>29740353
can any Americans confirm if the end of the month is a common payday? I believe it's around now that neetbux come in too. We might have a nice fucking rebound coming in

>> No.29740480

>>29740406
kek screencapped

>> No.29740483

>>29740338
actually the complete opposite is true, rather people string pulling f2pool know that people are susceptible to price changes now that were in unchartered territories for ATH's, looking at it objectively there is no reason we should have actually went down.

>>29740406
i wouldnt be surprised if it goes below 40k, they have spent a lot of money to collude with f2pool, if anything once its below 40k people start having weak knees and price movement is much easier.

>> No.29740507

>>29740480
lol don't you dare screencap that

>> No.29740573

>>29737217

btc? it's not dumping, it's still massively overpriced.

>> No.29740587

>>29740406
Cope.

>> No.29740636

>>29737217
judens

>> No.29740703

>>29740483
>looking at it objectively there is no reason we should have actually went down.
this, bears are acting irrationally