The reason behind crypto currency falling this bad??
- Thread starter Di DeviL
- Start date
Chris Newman
BANNED
- Oct 13, 2018
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Bitcoin price is totally in the hands of the big whales. The exchanges and the big whales work hand-in-hand.
When leveraged trades get liquidated, the exchanges make huge profits and these profits are shared (by the exchanges) with the big whales.
OK, but how do they do it ? Tether prints billions of USDT (for free, out of thin air) regularly and sells all this USDT (regularly) to the exchanges & big whales at high discounts. So, then the exchanges and the big whales utilize this very cheaply acquired USDT, on a regular basis to manipulate Bitcoin price, in order to continiously liquidate both long trades and short trades. Therefore, Bitcoin price is quite predictable, so no need to worry much : Bitcoin price will go to below US$12,000 this year.
When leveraged trades get liquidated, the exchanges make huge profits and these profits are shared (by the exchanges) with the big whales.
OK, but how do they do it ? Tether prints billions of USDT (for free, out of thin air) regularly and sells all this USDT (regularly) to the exchanges & big whales at high discounts. So, then the exchanges and the big whales utilize this very cheaply acquired USDT, on a regular basis to manipulate Bitcoin price, in order to continiously liquidate both long trades and short trades. Therefore, Bitcoin price is quite predictable, so no need to worry much : Bitcoin price will go to below US$12,000 this year.
Di DeviL
Banned - Multiple Rules Violations
- Dec 7, 2019
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Damnn
manolo12399
Supreme Member
- Jan 3, 2009
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look the stocks, bill Gates etc, all the big sharks, selling their stocks all the time, fucking up investors, and actually they buy lots of land with it, shit is gonna hit the fan, crypto is the same.
- Nov 14, 2008
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Any source to that?
- Mar 21, 2013
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So where are we now in your opinion?
- Nov 14, 2008
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Somewhere between the "Anxiety" and "Denial" phase.
- Mar 21, 2013
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If we go by the shape of the charts, Bitcoin has been going sideways for a while now. Wouldn't that be the depression start? Seems like anxiety has been in early may no?
- Nov 14, 2008
- 807
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Yes, you could be right!
I tend to look at wider time-frames, and this is what I see (I also included previous cycles and how they validate the typical market cycle patterns):
- Jun 2, 2022
- 1,540
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This is the first time I have seen this graph. It actually reflected how I feel in the past.
lotsofmoney
Elite Member
- Aug 31, 2021
- 3,898
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It is not falling bad, it has just become stable at one point.
kunter
Regular Member
- Feb 2, 2020
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what control panel do you use that shows these graphs?Yes, you could be right!
I tend to look at wider time-frames, and this is what I see (I also included previous cycles and how they validate the typical market cycle patterns):
- Dec 3, 2021
- 1,810
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It depends on the market sentiment. There's uncertainty around the world. We're possibly entering a new cold war/world war. With other problems that come with it, energy crisis, food crisis etc, more people are going to keep their money in liquid form or in safe assets like gold. So all these digital assets are not going to bounce back any time soon.
seomaster5
Elite Member
- Oct 31, 2021
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War has some impact but now people are also scared because of Luna incident. It can happen with alt coin and it has broken trust of people.
blog services
Registered Member
- Apr 11, 2022
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bro this alll bcz of big whales whenever they move their holding market fall
GrowthStrategist
BANNED
- Jul 11, 2019
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1) Market Cycles of Crypto
2) Impending economic doom, high interest rates with high inflation (stagflation) - DXY mooning
I'm impressed BTC hasnt dropped further by now. Though we should see below 20k to liquidate 20k buyers
2) Impending economic doom, high interest rates with high inflation (stagflation) - DXY mooning
I'm impressed BTC hasnt dropped further by now. Though we should see below 20k to liquidate 20k buyers
somethingclever
Newbie
- Nov 26, 2008
- 26
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Besides being a faith based fiat currency?
Joeyhart
Junior Member
- Mar 24, 2019
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Because market makers are earning a lot with their sales. Macroeconomics are really bad. But it's all manipulation.