This is a totally organic and healthy pump. There is nothing to see here...

It won't dump, not this time, bear fag.

Blow me, bearfaggot.

people would actually have to want to buy it for it to go up.

We are in an April style month long bull run. Probably to 8k then bleed back down

>this time it's different
lmao

i'm just watching out for you guys. you don't have to be so mean.

Lolwut, BitCoin always recovers. You're the one saying this time it's different.

>pls dump I didn't buy

are you braindead? this is the recovery. there will be a dump like always. it's not different this time.

My bet is, come back in a week, and this will have been an obvious Bart. It's their pattern. There is nothing to indicate why this happened, no major news or trends, and the crypto market didn't change overnight, and become un-manipulated and organic. It's still the manipulated, unregulated investment asset it was last week, there's nothing to indicate it's any different from last week. But it's pointless to point that out to the "bulls" crowd here, they're acting like Frenchmen after winning the World Cup, they won't listen, because crypto has become like a sports team for them.

I don't have anything at risk in crypto, so I'll continue to be cynical, and expect more of the same from the market moving forward. I come here once a week now, i just got lucky that today it was during an artificial pump. It's just amusing how the entire place went from "I have to get a job" and "fuck this ponzi" to "19K incoming!" and all the neets are shopping for lambos again. Them getting their hopes and dreams crushed AGAIN will be just as amusing as it always is.

Seriously, i doubt 99% of /biz holds more than a fraction of one bitcoin. a $3-400 dollar jump is positive, to be sure, but it's not life changing money for someone holding a percentage of one coin.

If you had any sense, you'd think what I am - some whale hodlr is pumping the price to sell off a block - and the usual exchange fuckery because the chart went sideways and their fee revenue dried up. Plus, the usual bot feeding frenzy.

When a bulltard can say "the price went up because [verifiable event/influence]", then i might pay more attention.

>BTC starts going up
sell now guys, dump any second
>BTC starts going down
sell now guys, it's going to dump even lower

>The beginning of a new Bart
>the delusion on this board
dios mio

Can't wait for the mass dumputis

pretty rational take desu. I agree with the exchange thing too. They need to keep barting these stupid ass 100X traders or they stop their revenue stream.

so in any case. just follow Charlie Lee's based advice, get one (1) BTC and hold it until you need it.

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C O P E
O
P
E

There is a reason. Big US government thing tomorrow about crypto. Insiders already know what it's going to be announced. Welcome to the new bull run.

>giant ass green candle on btc
BUY NOW, GUYS. DON'T SELL.
>giant ass red candle on btc
SELL NOW, GUYS. DON'T BUY.
you're literally saying buy high sell low. classic biz.

OK, conversely, could you not argue that something/someone has been holding BTC down? There's been tons of major, positive, news streaming in over the past months/weeks without any price action, maybe it took a catalyst to kickstart it?

>There is nothing to indicate why this happened, no major news or trends
Lol of course there was. There was a good chance we would see a massive pump.... Sorry you didn't trade that obvious inverted H&S.

No, I am saying that faggot and faggots like him always are telling people to sell because muh incoming dump.

have fun scalping your 2% swings up and down when 1 day you'll wake up to btc gaining 1-2k overnight but you'll be too much of a tough guy to admit it can go past the previous ATH
>look at how bad ass I am guys, when you buy I sell he he look at me everyone

lol fuck off, you think you discovered some secret by leaving emtions aside?

If this were true, just playing against the barts until they flatline would make you stupid rich.

Put your money where your mouth is.

thank you for posting it all out what i was trying to convey in my op. it's so obvious there will be a dump but the neets on biz are too blinded by greed to see it. it's the same shit that made them hold their coin from january for 6 months and lose 90% value.

What part of ETF you dont understand, dumb pasta poster?

Goldman Sachs is in. Insiders are buying already.

btcnn.com/goldman-sachs-appoints-cryptocurrency-friendly-david-solomon-as-new-ceo/

if you look closely, you see that it wasnt a bart but multiple small pumps. thus i believe the pump is healthy.

It always looks organic when you look at 1 minute charts lmao.

it's market psychology, bro. there is a reason the price does what it does outside of news. it's not JUST manipulation.

they tried to push it down below 5800 and it rejected hard two times. the third time they tried to get it to sub 6k, the bears couldn't stop the bulls from forming a daily higher low.

therefore, the trend has changed at least in the short/medium term. bulls buying only confirmed the trend change.

what happened just now should come as no surprise to anyone.

i think you're forgetting that beyond the bullshit, there is a very important use case for bitcoin and many cryptos in the long term, which CANNOT be denied (it's deflationary, programmable, borderless money, whose use will only increase with time as the technology improves).

no doubt it's manipulated and you're right to be skeptical, but DESPITE all that, it's not going away and it offers something as a currency that fiat cannot.

>We are very interested in cryptocurrency but we will not be investing in any of the ones currently in circulation. We will be creating our own with far superior features.
Fuck

BEARSCUM ON SUICIDE WATCH

implying normies have any bags to dump

50k Incoming!!!!!!!

Lol.. insiders bought your bags at 5800

People will buy the very top of the green candle then it will dump again. Rinse and repeat for infinite wealth.

Tbh I can see BTC as a store of value and to send large payments across the world in the future, but a deflationary currency will never be what we use day to day. I think USD and EUR will just become digital currencies and we will keep using that.

Kill yourself

Bruh, there have been many hundreds of these during any bull run crypto has had.

>implying I sold at 5800

Insiders can't buy my bags if I don't sell.

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Yes, and what usually follows this kind of pump?

>We'll make our own cryptocurrency
It will never work. Bitcoin network will hold the same value as the USA's M1 before these people even realize what is going on.

During the rallies? More pumps. Month after month.

This is how I know we're not at the fear stage yet.

I've been around, newfren.

Clearly you weren't here in April because people were saying the same thing as you and it dumped in may.

sell the news

Implying I give two shits if it dumps to $250.

So why are you here?

You are right we are still in the beartrap stage.

Same reason I go to /tv/ even though I hardly watch movies or TV.

lel

no doubt USD and EUR will have their own blockchains and everything as cash is phased out.

no doubt they will also be centralized, making them less secure, and probably not as advanced or useful as decentralized cryptos which have a leg up.

the most a government can do is mandate people to use their currency, but if that's the case, people will just exhange their btc for EUR or whatever.

eventually blockchains will communicate with each other, making it possible to pay in btc and for the person on the other end to receive ltc.

national currencies will be used for a long time, but in the long they probably won't be able to compete.

core cucks creaming in their jeans cos the sickly core pumped 10% in an hour - sad part 10 percent is under 6 hundred

Mr.heart pls go

unironically this. im waiting for 7.6-7.7 to dump and then place buy orders at 5000.01.

Read for comprehension next time, smugboy. I don't have any money in crypto.

Put my money where my mouth is? I just got done explaining that it's still the same old manipulated, unregulated investment asset it's always been - ie. the reason why I'm not risking money on it.

I know I'm talking to degenerate gamblers, but for fuck's sake.

>it's not going away and it offers something as a currency that fiat cannot.
I didn't say anything about that, that's your dead horse to flog.

wait to see the fomo

>There is nothing to indicate why this happened

If you don't know, does not mean there isn't. google "cboe contracts expire"

Wow great insight, genius.

And I thought this was a boring safe investment all along!

I guess you got burned and are just trying to warn others, good on you. But the house has no edge here, just more information than you have, more money than you have, and teams of talented people smarter than you are.

If you're losing, it's not unexpected, but you only have yourself to blame.

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ayy this guy can move a decimal point. thanks for the info fren

Are you really trying to make the case that I'm butthurt?

What the fuck is wrong with you?

Oh, Jow Forums. The home of projection. Moving on...

Haha, I don't think I called you butthurt, salty or angry anywhere. I called you burnt.

>What the fuck is wrong with you?
Thou doth protest too much, for someone trying to make the point that he's not upset ^_______^

The same could be said about the dumps. They didn’t look organic at all either.

Waiting for the people who don’t watch charts all day to see this, or the countries who will wake up to it.

>Store of value
Deluded it's for fucking buying things so you never have to cash out or pay tax you dumb core retard

current Bitcoin inflation is 4%

Just saying..it's still more than fiat for now.

normies sold the bottom and are sweatin