- Dec 13, 2020
- 1,410
- 713
Today’s P&L : 16,326$
Is it mini bear market bull run or a bear market mini bull runInsane mini bear market bull run, guys!
can btc reach $30k?
i bought at 16.8k and sold at 18.8k yesterday. Sheez, I should've hodled lol!
it can be fake run
Just look at the chart history, you'll see lots of fakes.Fake? How can it be fake?
24H %
11.13%
24H Low
$18,817.30
24H High
$21,237.15
Maybe you mean unsustainable?
Whales use debt to buy crypto.The cost of debt is determined by the FED interest rates.
Good job data, good CPI report. Stocks also going up.Why this sudden surge? There is no good reason to this boost, Crypto is in negative environment and all the govt agencies started bring down one by one. Soon it will be tougher to be in this market for any startup.
We're talking about billions of dollars here. No one can just print USDT out of thin air and expect to get away with it. Not to mention, what's the incentive for them to risk their multi-billion dollar business with a stupid scam like this? It would land them in prison and they would lose all their assets.As usual, the big whales are pumping Bitcoin price, to create a "fake out" and then liquidate trades. The big whales are pumping Bitcoin price, so that gullible crypto traders will now open long trades, most of them leveraged trades. It is nothing but the usual "fake out".
Tether "prints" (out of thin air) trillions of USDT as and when it wishes. This USDT which costs Tether nothing and is printed out of thin air, very regularly, is sold at a very highly discounted price, to exchanges (mainly Binance). So, Binance on a regular basis buys USDT from Tether at very highly discounted price. And Binance is in collaboration with the big (crypto) whales, uses these cheaply acquired USDT to manipulate the price of Bitcoin,with the motto and objective of LIQUIDATING trades (both long trades and short trades). Because when trades are liquidated, Binance makes huge loads of money (profits) and share the profits with the big gangs of whales.
Now, in order to maximize their gang's profits, the big (crypto) whales trade in a way to create regular "fake outs" in Bitcoin's price, on a regular basis, so that traders get fooled and then the big (crypto) whales reverse the "scene" with Bitcoin price in order to get maximum trades liquidated. This is why 90+% of crypto traders lose money, because like fools they go by technical analysis & fundamental analysis, not knowing that Bitcoin's price is manipulated by the big (crypto) whales. (Ofcourse, the fundamental aspect also sometimes affects Bitcoin price by a few %).
The USDT FUD is like 7 years old now. Multiple investigations have been made nothing happened yet. It's just people believing the fairy tales they read on twitterWe're talking about billions of dollars here. No one can just print USDT out of thin air and expect to get away with it. Not to mention, what's the incentive for them to risk their multi-billion dollar business with a stupid scam like this? It would land them in prison and they would lose all their assets.
same here. playing with past ventures profitsHindsight is a wonderful thing mate.
All my crypto is play money as in the past I kept withdrawing initial investments, so now it's all pure profit.
$30k would be nice, $60k even nicer lmao.
hmm both make sense but it's a "mini bull run" inside a "bear market", so maybe bear market mini bull run is correct?Is it mini bear market bull run or a bear market mini bull run
I'm still waiting for the $5k valueIf it drops to 8k (I doubt it tbh) I’ll definitely buy
I bet you bought your loved ones some nice stuff, worth more.Damn, I sold some at $17K, last Tuesday.
Why? I need friends, the streets are lonelyDon't do this LOL
Funny enough, that's actually what I did.I bet you bought your loved ones some nice stuff, worth more.