What the fuck? Why are we pumping so early? We haven't even dropped to 9k yet, so why are we suddenly pumping...

So they can accumulate

If they waited till it fell further they could get better prices though

The amount they can make from bottom shorters is probably more than whatever savings they get from cheaper bitcoin

(((Dead Cat Bounce)))
(((Satoshi Nakamoto)))
(((Market Manipulation)))
(((Ponzi Scam)))

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correct, but we're at the mercy of whales and have been since April

>pump it to 14k
>begin wyckoff distribution
imagine not knowing this
phase b just began

So DCA in?

just buy in now and sell at 13k+ again

Because you're not looking at the right memelines
Markets almost never trade in straight lines and trenches like most TAfags forecast

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it's a trap

>whales pump it up a bit to accumulate
>omg we going to 13k+ again!!
No

Because the time travelling was not larping 1800 coins are mined per day at 10k usd each those are 18M usd sold per day by miners.

If a day 19M usd enters the market btc price grows , if less than 18m enter the market the price falls.

But next year after the halving 9M will be needed per day to prevent the price to fall.

Once we go bellow fiat inflation next year the world will learn a hard lesson on the damage the keynsians have done as btc moons forever due to having less inflation than fiat.

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Because normies need to completely forget about crypto and new fags and redditors need to be shaken out before things really take off. This isn’t a bad thing user.

they aren't accumulating user...

>Why are we pumping so early?

do you really need to ask ?
notice how bitfinex is at a premium again when it was at a discount for the last 5 days

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It just got pumped by another whale from 10.8k up to 10.9k. What the fuck are they doing

also, he said 9.2k~, that means AROUND 9.2K, not EXACTLY 9.2k, and we already touched 9.6k in most exchanges.
that's why

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its a whale super pump. anything could happen

Uh-no

If we don't break 11.2 or 11.3k we're really going back down, and it doesn't look like we're gonna hold there long at all if we do based on how steep the drop has been of late

>Once we go bellow fiat inflation next year the world will learn a hard lesson on the damage the keynsians have done as btc moons forever due to having less inflation than fiat.

THIS MAN UNDERSTANDS

Uhm...

you're underestimating them
they know TA fags will fomo because of pic related

finex is going to pump this shit until tether explode

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didnt you hear that they printed 200 million tether? i instantly closed my short. i knew this shit was gonna happen. the scam must go on

It's an obvious bull trap, I hate bearfags but it's the truth

it hasnt moved from any of their wallets. but maybe just the idea that more tethers got printed made whales fomo

12,000 is the target. Shorters get rekt.

except it has?
etherscan.io/tokentxns?a=0x5754284f345afc66a98fbb0a0afe71e0f007b949&p=1
the already moved about 26,7 million dollars into exchanges

I made $7k profit off the rise to $13k and Tethered. I honestly thought it would go lower than $9.6k last night, so when I got home from work today and saw it back at $11k, I FOMO'd in. Then I showered, had a drink, relaxed and looked at the situation objectively. I realized this was going to drop like a stone probably sometime in the next ten hours, and immediately Tethered again. Look at it this way - this is either going to be the run to $16k, or it's going to descend/crab. It can't be both, and which is more likely looking at the TA right now?

BTC will retest $10.2k in the next 24 hours - screencap this.

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oh noes, 26 million.
that moves the price 100 bucks, not 1000

are you really denying the relation between usdt mc and btc price ?

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>jun 12
did you just forget we retraced 25%?

Screencapped

tradingview.com/chart/USDT/fHQGjpgT-R-I-P-TA/
watch the chart
there's about 30 days delay between USDT mc and btc

the pump we're seeing now isn't caused by the coins printed today
it's the 400M printed in June

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Tfw bought the dip

thats nice, but it still doesnt explain the retracement

Tfw sold the dip waiting for it to dip further

that's just normal market behavior to a parabolic move
they are not retarded they just let it drop and waited for the market to calm down and now they resume the pump

>dead cat bounce higher every few years

If anyone here was a sane person who is legitimately convinced in long term profit they would just automate all their coins to sell at a certain price which they feel as acceptable and never open up an online anal sharpie selfie imageboard again in their life

if we don't get a red week after btc paint the biggest shooting star ever this will be 100% proof of complete manipulation

>trading btc for fiat ponzi

8.8k-9.6k was the area where the retracement would stop for a majority of people though. That or 7.5k and clearly we found the level.
Pushing 13k by the weekend

imagine falling for the fucking DCA meme in 2019

so what youre saying is
you cant predict the market based on tethers

We only hit 9.6k for like a minute though, I don't think this pump will last.

yes

suckers rally

thats not what you implied

I honestly though they were going to wait for a big red weekly candle after the shooting star but apparently they have others plans

>we just needed to cool off for the next rally

Too many shorters, they're gonna get liquidated at least till 12k. After that, we'll see

well you can't ignore basic market behavior
but the break from 5k to 6k then following into 7k was 100% manipulation that was supposed to be resistance but it was obliterated

I'll make it simple
as long as they print new USDT you can DCA or buy dips etc because you can be sure the price will go up eventually
if they start burning coins like in October you sell at the first singe of a dip

So let me get this straight, your all butt hurt that Bitcoin is going up? Shouldn't ya'll be happy?

not everyone is a retarded hodler

Hodlers are basically chum for the people making money. Your coins dont move, so they dont affect the market. Your money has been absorbed into someone else’s profits, and if you hodl until you die, your coins move out of circulation forever.

I can't wait for the jews to shut it all down and reck all you faggot shitcoiners. The mass suicides are gonna be beautiful.

Hold until we die? That doesn't even make sense.

And if people did and the coins are lost forever then Bitcoin is even rarer

Sounds like your shorts got liquidated and you lost money. True story huh?

why do you think we need to go back to 9k?
did you not fill your bags at 4k?
are you really that fucking retarded?

so uhhhhhhhhhhh when we sellin boys

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Many people that burn themselves hard with speculation, not everyone is a fox, most are sheep. At least Hodlers are consistently accumulating, in good and bad times, keeping the casino alive with their idealism. Bitcoin would go the way of every failed shitcoin without them.

Hodlers are the equivalent of little old ladies playing slots in the casinos a penny at a time. They dream of hitting it big one day but what they are really doing is keeping the lights on for the casino and feeding the big boys.

I don't think they see it as a casino. Put 5k into Bitcoin in 2016 sell it during the crash, and you would achieve more than many neurotic gamblers. Just google "Lost a lot of money in crypto", not one of them Hodlers.

The whales are fighting, (((they))) are accumulating as much as possible and shaking things up. BTC can go down to 6k again or shoot up to 17k

What about that business with a huge wallet and the "i'll buy you" message or something?

GooseCoin future coin
i buy

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this

get in while you can, dont say nobody told you about it

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Is tether gonna show itself as a scam and fuck everything up?
What would even be the effects?

>needing more proof that it's manipulated

>wyckoff
D or 1 hr?

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>Keeps getting pushed above 11.3k
FUCKING DROP AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

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of course , we are about to take off

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fuark, same here
I had set an automatic buy order, and that there btc fucker just brushed above it without crossing the line

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It's too early for this

Clown world economics bitch, now we are gunning for $60k. You don't want to be in anything else except Bitcoin for the next few months, or would you like a repeat of the last 3?

Not really 1800 coins mined per day at 10k usd each it´s 18M per day.

As long as the market is buying more than 18m btc the price of btc will be on the rise.

While it's true that this prehalving bullrun seems way too early localbitcoin statistics show a lack of btc in the market.

Which means that people are buying and saving them.

It's too early for this, there isn't enough momentum. We won't make it in this run, we need to dump down a bit more first.

>Iran crisis increasing oil price
>Lower interest rates announced
>Election year gibs debates
>Stock market not even growing with lower interest rates
>Boomers about to retire
>Qe infinity
>Libra to be Tether on steroids
>LTC halving
>BTC AND BCH Halving together

You guys are not paying attention

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So... what you're saying is dump your saving in to BTC.

100% , this is the best chance to make it for a normal individual.
Also btc is the best ready for a recession and will moon even more.

So this shit is ready for the worse circumnstances possible at this point.

Libra is too late to the party by next year btc inflation will be 1.80% and libra backed by a lot of fiat currencies will have a 3% of inflation minimum.

BTC won and BCH too if it survives the halving without any 51% attack.

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I meant too early in that it should have dropped to at least 9k before the real bullrun.

What quantity Link and BTC are required by the halvening to pay off a few debts and live an upper middle class life?

So what does all this mean? I know that LIBRA is going to be big, Facebook users are all normies and most of them have never traded crypto. Imagine if 1 billion people all get familiarized and trade crypto within a year. Facebook is too big to fail and it has the funding of the entire fiat currency, Literally all of worlds wealth has supported facebook by (((them))), They just throw money at facebook because it's part of their plan. Scary times ahead

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Others I'm looking in to LINK, LIT, XSN (in that order).
Am I on the right track, boys?

Too many people were tricked by whales in march everyone was waiting to fomo a year before the halving and the fucking whales bought at 4200 13 months before the halving fucking everything,

I saw that shit live the price went from 4200 to 5000 in a matter of minutes , after that people waited and nothing , then more people fomo.

Then everyone waited for it to go back to 4500 and it went up again to 7400 and everyone waited for 6000 and it went to 9000 and everyone waited for 8000 and it went to 13.000

Everyone now sees sub 10k as cheap because it is.
Notice how the price up goes 10x faster than the price down.
People are fomoing and only people selling are those that want to rebuy at lower price , but that level of selling and buying at lower price is becoming smaller and smaller.

We are mooning for real.

I would put all in BTC and no link or eth , the smart contract crap has not produced anything except propaganda to gain retards buying.

The fact that btc dominance is growing so much shows that big investors are not buying the muh smart contract idea this time.

Sure you can bet on chainlink to go to 10 but in my opinion that's fucking gambling , btc is the safe investment.

Inb4 linky shills

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based

Libra is going to have controlled creation and destruction of coins and controlled nodes(that earn fees).

But the wallets will be anonymous like btc wallets , facebook is going for the fees(and probably a proxy to buy btc as a corporation).

Libra is literalyl going to be supertether imagine to cash out by buying libra and buying then back btc in the next bullrun all without using cash a bank or anything like that.

No , proof of work based currencies only , ltc and btc would be the ideal ones.

But btc and bch will have their halvinsg after ltc so they are going to steal ltc momentum.

BCH is also riskier since it will be halving a few weeks before btc(and the hashing power can then move to btc for the fees as people fomo) causing bch to be very exposed for a few weeks.

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this is only possible because they have infinite USDT to pump it tho
this shit can crash hard if tether is proved to be a scam

Not true and i will refute that shit right now.

Let's assume that Tether is creating coins out of thin air and buying btc.

When they buy btc they are selling Tether which means that someone is buying Tether.

If Tether crashes and burns the only people that lose are those that bought those inflated out of thin air tethers and sold their bitcoins.

The price of bitcoin goes unaffected only the price of Tether.
The only reason that Tether seems to be a big part of btc purchases is because degenerate traders that buy low and sell high buy tether after they made an income and then rebuy at lower prices.
If tether is bullshiting their numbers eventually they are going to pay the price not the people inside btc, the supply of btc will not be affected by tether being fake printed only the retards that sold btc for tether.

Prove me wrong , pro tip you can't.

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>The price of bitcoin goes unaffected only the price of Tether.

USDT amount for over 65% of the buying pressure
you really think btc price isn't going to drop if 65% of the buyer vanish ?

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