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/biz/ - Business & Finance


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8311662 No.8311662 [Reply] [Original]

BITCOIN IS MOONING. BEARMARKET IS OVER MARK MY WORDS. BEARS ON SUICIDE WATCH

>> No.8311703

>>8311662
Medium of maybe

>> No.8311729

What I don't understand Is the reason behind these crazy swings. I know its supposed to be volatile but this shit spikes $200 in a few seconds, then continues to bleed then does a random $500 green dildo. Are people buying shit loads at a time? That's the only way I know the price can just shoot up, then weak handed niggers sell the micro pump?

>> No.8311758

bears btfo

>> No.8311801

>>8311729
this, its so fucking volatile right now, those random $300 candles every few hours like holy shit? decide wtf you wanna do already

>> No.8311807

Why would you be a bear if you can be gay?

>> No.8311829

>checks price
No its not faggot kys

>> No.8311833

>>8311729
Probably some coordinated whales looking to short squeeze some people, so they can dump and rebuy cheaper, becoming even fatter whales.

>> No.8311863

>>8311729
basically you have bitfinex and bitmex controlling the market. the operators of the exchanges can see the whole order book and when bearfags load up on 100x shorts, they manipulate the market with a giant green dildo candle to liquidate all that margin short money.
they do the opposite when people load up on 100x longs and you see a giant red candle to liquidate that money.
until retards stop using margin this market will continue sideways with random pumps/dumps to liquidate everybody

>> No.8311882

it seems like we have all collectively lowered our expectations.

i remember when moon used to actually mean skyrocketing in price instead of jumping a couple hundred and then dumping that same amount a short while later.

>> No.8311922
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8311922

>>8311863
So what you are saying: bet against the TA?

>> No.8311966

this will bleed to 8900 again, then pump, repeat. They can do this all year

>> No.8312015

>>8311863
FUUUUUUCK. I know some of my normie friends only trade on margin on metatrader4, they hold no coins. But they're only messing with 1k, but when you go 500x margin even 1k could do some damage