I know we have bobos and bullmemes rampant right now but can we have a serious discussion on why this run is happening with evidence: Bull Mode Reasons: >BTC bottomed out at $3.2k as we had retraced by over 80% from ATH >we were completely oversold after the November sell off/capitulation which should have pumped us by exhaustion alone >BTC has moved back to it's overall logarithmic growth trend which has been predicted for many years now Bear Run Reasons: >volume is dropping across most exchanges while price continues to rise >suspicious timing considering it's happening simultaneously with Binance and Tether news >almost zero media attention outside of cryptosphere
i don't understand the austrian concept of monetary value when ultimately political stability and military presence guard you against debt
this is becoming more of my position desu. clown market cycle of BTC
Easton Diaz
it was the futures and leveraged trading. i swear you guys are on another planet where everything is a mystery so you dont have to personally account for your mistakes
Isaiah Fisher
the futures market is almost non-existent and never was (not talking about bitmex "futures").
dude i run a BTC full-node on my NAS having a full copy of the blockchain at all times. if my ass goes down and node shut down there'll still be some guy somewhere else on this planet who keeps this shit going. no "military backing" can compete with that.
Brody Reyes
Pump n dump
Kayden Stewart
DELETE
Nolan Roberts
Everyone will pump to $10000 and then panic sell back $3200
This time everyone knows how to play the game
Eli Nguyen
based as fuck
Josiah Martinez
I was FOMOing as a Bobo, so that confirms to me that you are correct.
It's all down from here. Thanks for stopping me from buying at 2019 ATH.
Levi Howard
You cant exclude the meme from the ta its the most important part retard
Easton Martin
This FOMO is tough as shit. I keep refreshing the markets every 5 minutes.
Lincoln Diaz
Its all about tricking normies from rekt alt prices into BTC on the already lowest exchange prices, to literally fuck them all.
Reddit is full of pro BTC supporters now that arnt even 2years in the market.
Expect a big BTC market dominance drop within the next weeks.
If you dont do the opposite now you really deserve the low level returns
Its an obvious bear >funds locked on binance cant xfer to a fiat paring exchange >binance “hacked” >bitfinex loses 850m in illegal banking scheme >bitfinex fundraises “1bil” >start buying up btc to recoup loses >bitfinex lawyer admits tether is only 74% backed Just think of it, what if finex said they only had 74% of bitcoins? Everyone would go insane. But tether admits it? >n-nah thats bullish for btc 74% and cash equivalents Cash equivalents = crypto Bitfinex is desperately trying to pump btc to recoup their losses on their illegal banking scheme so they can say they’re 1:1 backed again before they get rekt by investigators. Binance and Bitfinex have colluded to make this happen, for obvious reasons as Binance is the biggest tether holder. Its not coincidence that the bitfinex bitcoin premium is dropping right after binance locks up. Once we see coinbase 1000+ you should know to exit. They’re all just trying to make this happen again just like in 17’ with the coinbase 1000+ so they can max out profits in fiat. Freezing binance prevents everydays holders from selling their bitcoins and tether against real markets. Binance will unfreeze their big guys before they unfreeze the plebs. Binance desperately wants to unload their tether but would that would give them a mega loss, so instead they collude with bitfinex to keep the ponzi alive. Pic-related, Bitfinex employee admits tethers are backed by crypto and not USD, if crypto drops they’ll be unable to stay solvent. Screencap this, get out of tether before its too late.
>political stability and military presence guard you against debt not for long
Justin Parker
same
Aiden Young
Tightening of capital controls in China
Isaac Butler
deluded bulls will ignore this user
Camden Williams
It was never supposed to go below 6k organically. The dump to 3200 was manipulation to shake people out.
Tyler Wright
alt season
Cooper Gomez
trips confirm im 90% in alts, plz be right
Ryder Brooks
checked kek confirms
Asher Turner
Bull mode. You have things like Bakkt and multiple ETFs lined up, not to mention large vendors opening up to using crypto, particularly bitcoin as opposed to other shit coins which is why btc is leading atm. Tether really needs to go to speed things up, but once the space is legit and more bigger players join, it will be harder to manipulate than it is now.
Jack Rivera
You're approaching this in a completely WRONG way. Fuck the "reasons" and the "news", they literally don't matter. What matters is how do you upkeep the pareto principle, where the top 5% of market participants fuck over the 95%. You do this by inflicting the maximum amount of PAIN. How do you inflict pain, you ask? Well, it's quite simple. Binance hack? Fucking pump it. Tether FUD? Fucking pump it harder. >"This sure is not a good time to buy you see, there's a lot of uncertainty around here. It would be foolish to buy. I only buy when everyone agrees that we are bullish."
Joshua Murphy
Cue everyone running around trying to find the "reason" for the pump. They don't buy, they just analyze everything. Guess what comes next? >"Oh fuck this is it, I'm missing out, I'm going to buy now. BAM, GET FUCKED Jow Forums
biz is full of retards, do not forget this. You are talking about the retards that added to the pump of btt, then asked why they were dumped on by chinese scammers. When you are retarded, reality is always a mystery when you don't know wtf is going on 100% of the time.
regulations regarding USD to crypto are changing. liquidity will be fucked, this shit is gonna dry up faster than your nannies vag you fags
Henry Cooper
200 day golden cross, 2020 and the halvening is coming up and 3200 was the ATL of the previous year. it was obvious bull run setup. btc market cap is heading to 1 trillion with or without you the question is when? in 20 years at most
this. Jow Forums in general is filled with unsucessful, low iq PEOPLE (INCLUDING ME)
Luke Parker
>meme free discussion This isn't Reddit. This thread should be deleted.
Camden James
>calls it Reddit >doesn't even tag OP get out of here loser
Landon Sanders
>Bear Run Reasons: >>volume is dropping across most exchanges while price continues to rise >>suspicious timing considering it's happening simultaneously with Binance and Tether news >>almost zero media attention outside of cryptosphere
Volume dropping b/c less coins are for sale at these prices meaning less money to pamp eet. timing is a smoke screen to hide the real reason which is the bigger pattern happening again media attention comes back after 20k breaks
Henry Hughes
where i see the coinbase 1000+ ?
you mean coinbase btc price 1000+ above other exchanges?
Nocoiner here. I'm thinking the exact same thing, I've noticed the couoling between the NYSE and the crypto market. Very similar to gold/bonds.
Elijah Baker
I think it's a combination of this along with the geopolitical situations in Iran and Venezuela. We're seeing a new age where governments are avoiding sanctions with BTC, and that kind of money will inevitably cause price fluctuations.
Jose Barnes
lol
Juan James
Just a huge short squeeze. More money is to be made by squeezing shorts of bobos who think rationally and choose not to gain on the emotional decisions of others. Dump incoming.
Liam Reyes
gold and bonds don't upgrade gold and bonds are platforms for innovation look again.
Dominic Myers
The people who can move the market needed somebody to buy the bags that they bought below 5k. It's going to go up until their bags are empty, and by the various estimates of real volume, they've got a while to go.
Juan Martinez
>Cue everyone running around trying to find the "reason" for the pump THIS. There is no "reason", only chart. I hope half of Jow Forums kill themselves over missing out.
