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/biz/ - Business & Finance

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29956865 No.29956865 [Reply] [Original]

In case you're not autistic and not staring at charts at 2:30am, BTC just ate through a 150 sellwall like it was nothing. All whale-niggers deserve the rope.

>> No.29956937
File: 235 KB, 677x650, 1575849852249.gif [View same] [iqdb] [saucenao] [google]
29956937

>>29956865
>>>29956865
In English, nerd

>> No.29956982

>>29956937
If you don't understand what I typed and the accompanying image you're probably too poor to post here.

>> No.29957044
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29957044

>>29956937
it means some of us are going to make it and panic sellers will be forced to take hrt and become our fuck holes

>> No.29957085

>>29956982
No shit douche-cannon that's why I'm asking for simple words that simple cunts can understand so that given enough time and investment I can stop being poor.

>> No.29957096

>china wakes up
>market dumps a bit
>OMG YOU GUYS I HAVE THE T. BITCOIN FINNA DROP

yeah naw

>> No.29957160

>>29957044
that's a cute boy
more?

>> No.29957185

>>29957085
People who sold thinking the market would free fall are currently getting their cheeks blown out

>> No.29957193

>>29957044
Checked.
I may be a dumb cunt but I'm also an acoomulator not a seller.

>> No.29957246

>>29957085
I hate to break it anon, but what he said was in English.
Lurk moar

>> No.29957257
File: 117 KB, 680x550, 8BA22A95-3E53-4232-98D4-BDEB33261C25.jpg [View same] [iqdb] [saucenao] [google]
29957257

>>29957160
faggot

that’s all I got and no I don’t know who it is

>> No.29957283

>>29956865
Bulls go, om Nom nom

>> No.29957319
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29957319

>>29957085
>No shit douche-cannon
Do you happen to browse reddit by any chance?

>> No.29957450

>>29957246
Yep, I know
>>29957319
How dare you?

>> No.29957546

>>29957450
Okay anon I'll give you this one spoon feed.
Image is a picture of the current buy/sell orders. More red=more selling, more green=more buying
You can maniuplate the price by placing large sell/buy orders on the market to drive the price either way.
Some whale put ~150 (several million dollars) worth of sell orders up at a set price.
There was so much buying pressure that the wall of several million dollars was filled in less than a minute.

>> No.29957568
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29957568

>>29956865
>In case you're not autistic and not staring at charts at 2:30am, BTC just ate through a 150 sellwall like it was nothing. All whale-niggers deserve the rope.

Crypto newfag here. What happens to the whales at this point? Do they just have to buy back in at a loss? Do whales actually FOMO too?

>> No.29957610

>>29956937
There was a person(s) who thought a price point was the highest possible. It got blasted through like it wasnt there and the price continues to climb up.
Which is rather surprising honestly with a historical sense of more that there will be 3 spikes close together. That 58k? Nah, that was spike 1. spike 2 and 3 are most likely going to 2x the normal sitting price. I'd say the new normal price is around 46,000.
>What does this even mean?
Next spike will peak at 92,000. Most likely will happen in this month. Next peak may not be until April/June and will be another 92,000 or very well could get to 138000. It wont hit at once, more of a over 2 weeks, 1 week to lower back to new higher medium price, 1 week crab and back up.

>> No.29957651

>>29957568
whales aren't retarded lmao, they didn't get rich panic buying and selling assets. when you're already rich the most important aspect of investing is preservation of value

>> No.29957748

>>29957568
>Do whales actually FOMO too?
Yes, that's why huge sell walls are getting eaten lmao. If we break ATH again then the real mission begins, get ready for at least 100K.

>> No.29959673

>>29957044
>panic sellers will be forced to take hrt and become our fuck holes
Checked
Anon, my hands can't be any more diamonds.

>> No.29960085
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29960085

>>29957085
>douche canon

>> No.29960194

>>29957610
just surprised by your impending accuracy, fren, screencaped

>> No.29960327

>>29957748
this anon understands that going from 60k to 100k is as easy as going from 36k to 60k :)

>> No.29960614
File: 150 KB, 1280x779, Bitcoins over the years.jpg [View same] [iqdb] [saucenao] [google]
29960614

>>29960194
It is a more of guess work and economy. With the 1.9 trillion stimulus, talks of a 6 trillion stimulus following it will be a comfy summer.
March is normally bad because of tax reasons, last year was worse because of kungflu. This year is different because of the influx of money from stimulus and savings accounts and such being absolute junk that wont even cover inflation.

>> No.29961018

>>29957610
Nice
Ima take notes

>> No.29961439
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29961439

>>29956865
>trying to buy the dips
>waiting for BTC to dip to 42k for mega gains
>snaps back to 47k
>always buying the top when big green line go up because what if it’s the LAST dip
I’m trying to buy the dip I promise.