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Topic: Walll Street dumping to buy cheap - page 2. (Read 494 times)

legendary
Activity: 3038
Merit: 1169
December 02, 2018, 01:35:45 PM
#9
They are giving FUD for the purpose of buying bitcoin in cheap value and they certainly want to manipulate the market of bitcoin for their personal needs, And as the way bitcoin's value right now they tend to keep the public in a panic mode in that way they truly have the upper hand in making their profit by buying in the dip because eventually there will be a big pump that will come next in every crash of bitcoin, This is what they are looking forward to achieving.
full member
Activity: 980
Merit: 114
December 02, 2018, 12:28:27 PM
#8
The dumping is really and I believe the big guys are going to get it at cheap price. I think the market is really been manipulated by the big guys and we should not keep dumping with them as enthusiast.  Traders are not going to over benefits from cryptocurrencies market in this condition as the market is been manipulated.
legendary
Activity: 1372
Merit: 1252
December 02, 2018, 11:40:46 AM
#7
Bitcoin's on-chain value activity in the last 24 hours is $6.8 billion or 1.75 million BTC. It's crazy if you think about it, because most of this very likely consists of massive OTC trades, and this has been going on for quite a while now. While people here worry if Bitcoin is able to survive or not, smart money is filling up its pockets silently.

Institutions have for once not been the first to enter an upcoming asset class, and they are definitely out to make up for that. What's easier to get rid of shaky hands by exploiting their stupidity? If you don't know what you hold, you will sell it in an instant when things seemingly turn ugly.

Another advantage is that new money is way more likely to enter at current levels. Fresh capital is what we needed, and we get exactly that.

They crash the market on the exchanges in order to lower the price, and with futures they don't even need to touch bitcoin.

Then once they have crashed the price, they buy actual bitcoins OTC, and since it's OTC, they can massive volumes without pumping the price. The crafty bastards will keep doing this for as long as possible, that's until they dry the OTC market. When it pumps it will be massive as they will be forced to start buying on exchanges.

It is not "wall street", everything a rich company does became "wall street" in peoples minds.
Yeah, there are a lot of companies there that deal with finance and that is why wall street is so famous but there are companies outside of USA like Deutsche and HSBC that is trying to do the same thing right now.

Even smaller banks around the world is doing that, comparatively speaking there are fraction of what wall street is being poured into bitcoin in some third world country because the price is incredibly low right now and considering even a small increase of $100 in price for bitcoin could mean a lot of money for third world country if you consider they are putting up millions of dollars plus the dollar-fiat ratio is usually low in those places so it is times 10 profits there.

"Wall street" is just a vague term to refer to the TPTB, I dont necessarily mean specifically the guys that work there
legendary
Activity: 1652
Merit: 1057
December 02, 2018, 11:22:18 AM
#6
It is not "wall street", everything a rich company does became "wall street" in peoples minds.
Yeah, there are a lot of companies there that deal with finance and that is why wall street is so famous but there are companies outside of USA like Deutsche and HSBC that is trying to do the same thing right now.

Even smaller banks around the world is doing that, comparatively speaking there are fraction of what wall street is being poured into bitcoin in some third world country because the price is incredibly low right now and considering even a small increase of $100 in price for bitcoin could mean a lot of money for third world country if you consider they are putting up millions of dollars plus the dollar-fiat ratio is usually low in those places so it is times 10 profits there.
legendary
Activity: 2436
Merit: 1362
December 02, 2018, 09:18:37 AM
#5
They know for sure they cannot kill bitcoin and they also know
there is massive gains to be made by getting in at the times
when the market is low to lay the foundations for their investments
while looking to the future. this is happening now or will happen shortly.
legendary
Activity: 2170
Merit: 1427
December 01, 2018, 03:43:33 PM
#4
Bitcoin's on-chain value activity in the last 24 hours is $6.8 billion or 1.75 million BTC. It's crazy if you think about it, because most of this very likely consists of massive OTC trades, and this has been going on for quite a while now. While people here worry if Bitcoin is able to survive or not, smart money is filling up its pockets silently.

Institutions have for once not been the first to enter an upcoming asset class, and they are definitely out to make up for that. What's easier to get rid of shaky hands by exploiting their stupidity? If you don't know what you hold, you will sell it in an instant when things seemingly turn ugly.

Another advantage is that new money is way more likely to enter at current levels. Fresh capital is what we needed, and we get exactly that.
sr. member
Activity: 448
Merit: 250
Stake & Vote or Become a IoTeX Delegate!
December 01, 2018, 02:36:59 PM
#3
It's true we are currently living a transfer of wealth and I hope the crypto market will become as he compared with Microsoft, Amazon and others giants. I wonder if Wall Street isn't dumping more than Bitcoin since few weeks. There are many assets massively sold

Also, take in consideration that there are a LOT of people moving from fiat currencies to other kind of assets, like gold, silver, "copper" is the most relevant one in where a bunch of people are trusting at the moment.
Aside from this, some people also want to invest on bitcoin, that is why we might see a pump sooner or later.

copper member
Activity: 2940
Merit: 4101
Top Crypto Casino
December 01, 2018, 02:33:50 PM
#2
Diversity and don't invest what you can't afford to lose are the golden rules in Investment, nothing new. The predictions he did back in 2016, any of us were having the same (It will moon). We also all know that a Bitcoin Future will attract a ton of money into the market.

I watched the video fully and 1 thing I disliked is the guy promoting himself "take a look at me" "See my newsletter subscribers ROI" It starts to be serious at about 35 min. he has a great speech and analysis btw, It's true we are currently living a transfer of wealth and I hope the crypto market will become as he compared with Microsoft, Amazon and others giants. I wonder if Wall Street isn't dumping more than Bitcoin since few weeks. There are many assets massively sold

legendary
Activity: 1372
Merit: 1252
December 01, 2018, 01:19:18 PM
#1
https://www.youtube.com/watch?v=KcgA-hMAozI

Nice vid that explains the obvious but what most newbies don't seem to be realizing: The same people that are saying "bitcoin is dead", "bitcoin is a scam", "bitcoin is a ponzi" and whatnot, are buying when you are sleeping after you panic sell. And this doesn't count all the OTC volume we don't know. The lower the price is the higher OTC volume must be as these big entities keep buying. They KNOW they cannot kill BTC, only become bigger players than the rest, so the plan is obvious: Demoralization to trigger panic selling of everyone, then buy the cheap coins off you.
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