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30249296 No.30249296 [Reply] [Original]

>f2pool dumped hundreds of millions of bitcoin to protect their shorts
>general market crash
>bitcoin still can barely be suppressed
>already poomping again

Just accept it Bobo. It's over

>> No.30249432

>>30249296
Wasn't even looking anymore, then saw your post... Holy shit! It is true! it is going back!

>> No.30249479
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30249479

>>30249296
check the price again

>> No.30249666
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30249666

>>30249479
>staying close to or above 47k with sell pressure exhausted

>> No.30249884

>>30249666
Checked. It's really astounding especially in the macro sense and not considering only f2pool smacking the shit out of for a week

>> No.30250089

Knowing the kind chinese gov I am pretty sure that with the ban on the minners they will aslo confiscate the coins, so if I were the owner of a chinese farm I would OBVIOUSLY sell all of it before getting robbed, I MEAN, have my btc 'confiscated'... They are not doing it to be mean, they are doing to not lose it all.

>> No.30250160

Whats f2pool

>> No.30250241

>>30250160
Chinese bitcoin mining consortium. They have been dumping hundreds of millions of dollars of bitcoin and are almost certainly shorting it as well. Did the same thing in January. They started dumping more after it went above 50k because hey were freaking out. If they keep doing this during true institutional fomo they are going to be rekt

>> No.30250658

>>30250241
1) Why are they doing this
2) is this bullish or bearish

>> No.30250852

>>30250658
To try to make money from shorting and manipulating the market. Possibly fear over China cracking down on crypto.


Bullish. They are dumping a LOT and it is still barely dipping. They started turbocharging their dumps after it regained 50k.