/biz/ - Business & Finance

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let's see how intelligent this board is Anonymous Mon Nov 23 20:47:21 2020 No.24197790 [Reply] [Original]

where do you think money flowing into alts is coming from?

Do you know what happens next, right?

>>	Anonymous Mon Nov 23 20:48:30 2020 No.24197831 money isn't flowing into alts. its flowing into ethereum. alt pairs are tied to ethereum price.

>>	Anonymous Mon Nov 23 20:49:00 2020 No.24197848 >>24197790 The blockchain? Lol who tf knows kek

>>	Anonymous Mon Nov 23 20:49:26 2020 No.24197862 >>24197790 tether keeps pumping, it's cool

>>	Anonymous Mon Nov 23 20:53:07 2020 No.24197973 >>24197790 Comes from btc. Create a bit of fomo, last maybe a week to distribute if it's weak, longer (month) if people are deluded. BTC can chop around while alts go nuts. Then take profits from all crypto back into USD / markdown phase.

Anonymous Mon Nov 23 20:53:42 2020 No.24197996
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>>24197790
>The value is not inherently tied to the market volume. Last time bitcoin was at $20k, the market cap of bitcoin was 10x larger.

This is uncharted territory and were all going exploring together.

>>	Anonymous Mon Nov 23 20:55:02 2020 No.24198034 File: 49 KB, 251x258, 1604073128145.png [View same] [iqdb] [saucenao] [google] Finland

>>	Anonymous Mon Nov 23 20:55:38 2020 No.24198050 >>24197973 We have a winner. Except the big money already bought and is now distributing BTC to people FOMOing. BTC correction is coming.

>>	Anonymous Mon Nov 23 20:56:07 2020 No.24198069 >>24197996 This doesn't make sense to me

>>	Anonymous Mon Nov 23 21:14:09 2020 No.24198577 File: 38 KB, 1002x696, 530AAD89-DE09-4DC6-A2FF-BC0ACF0B5457.png [View same] [iqdb] [saucenao] [google] >>24197790 >what’s happens next? Money flows into defi

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