It's fucking happening
Golden Bullrun
user, I....
buywalls are bearish. a whale sets it up to force other buyers to bid a higher price than his wall if they want to buy before him. This lets him dump at a price above his minimum (his sell wall)
Nice bait!
dassalotta coinZZZZ!
>a whale sets it up to force other buyers to bid a higher price than his wall if they want to buy before him
Which drives prices up.
lol no, all buy orders above his wall get dumped on, then he removed the wall when he is finished dumping and the price freefalls
just how new are you
imagine being this retarded
the absolute state
This is a stupid strategy. If not enough people want to buy at a higher price and instead a bunch of people sell to him then he'll end up with even bigger bags of something the whale wanted to dump...
That's why it's usually pulled as soon as someone starts to sell into it
whales are not stupid they know when to pull
>thinks the whale will allow his wall to get sold into
>doesn't understand you can cancel orders
What? No, you use the buy wall to drive prices up, and keep moving it up while buying cheap btc. Once price keeps rising on itself, you remove the wall and sell your cheaply bought btc. That's how pump and dumps work.
>buywalls are bearish
>buying is bearish
kys
t. january newfags
if you unironically think buy walls are bullish you need to get out because you will never make it
this guy explains it
January 2014 faggot
>t. january newfags
Do you remember wolong? If not, then you are the newfag here, newfag.
>no response
So, tell me, retards. Why is it called pump and dump, if there is no pump? And how do you pump prices, if not by forcing people to sell you?
Funny how Jow Forums paints itself as knowledgeable... But, as it is usual in Jow Forums, aren't able to refute with a logical explanation, not even one that makes sense.
w-why does she have a large hairy penis
digits
checked and redpilled
it happened around midnight GMT. Maybe they just wanted to end on a green candle.
Cuz she's giving a blow job
that's a hand/wrist....
behind that you can see HIS balls.
It was a Kwanzaa gift from her uncle Alfredo.
>buy walls are bullish
you really are a fucking brainlet. kys. imagine being so dumb you cant put together more than one step in logic.
Me see big buywall at single price. Me frontrun big fish. Me smarter than him
Buywalls exist only to make dumb fucks fomo in and push the price so whales can set sellwalls and manipulate another wave of retards into "taking them down". Don't play their shitty mind games.
>>buy walls are bullish
I didn't even say that. We are talking about a pump and dump here, not some random buy wall that came out of nothing. Hell, I don't care if it's bullish or bearish, as long as I can be part of the PnD, idgaf about your retarded words.