Sujet : What a Physics Student might see [Rotate Capital] (Was: So how does the Bitcoin rugpull work?)
De : janburse (at) *nospam* fastmail.fm (Mild Shock)
Groupes : sci.physicsDate : 26. Feb 2025, 13:38:03
Autres entêtes
Message-ID : <vpn1v9$ok31$1@solani.org>
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Hi,
What a Physics Student might see, except
for maybe Fuckfick
physfitfreak@gmail.com , who
totally sucks at physics, except for his anal
physics where he is a true expert:
- If the outflow is domainated by whales,
if if the high supply is domainated by
large valumes.
- Then mostlikely the inflow by a few
retailers, that want to buy the dip,
doesn't generate enough demand to rise
the price again. Depending the price might
of course go up again. But if the is not
a flash crash, it might spiral down.
Currently:
In the past ten days, whales have offloaded over
30,000 BTC, intensifying selling pressure and
contributing to the price decline.
This might continue as long as the price is high
and as long as there are attractive alternative
investment possibilities.
But interestingly this time, not into altcoins –
Unlike past cycles where Bitcoin sell-offs often
led to altcoin pumps, altcoins are struggling!
LoL
Bye
Mild Shock schrieb:
Hi,
Ok guys, its very easy. People sell Bitcoin,
there is a more supply than demand, so the
price of Bitcoin goes down.
But what are the people that sold Bitcoin,
what are they doing with all the Fiat? Well
I guess indicators show that most of it
goes outside of USA, if you assume that
a certain surge in stock prices outside of USA,
has to do with available liquidity to invest,
on not only with favorable prospects.
LoL
Bye
Mild Shock schrieb:
Hi,
>
Interesting erosion of Bitcoin prices, and
all other cryptos including Ethereum and Altcoins.
>
On 21.02.2025 it went to 99'000 USD,
and 10 hours later it was at 95'000 USD.
https://coinmarketcap.com/currencies/bitcoin/
>
A Bybit Hack stole some Cold Wallet funds! Maybe
they should change their name to Bye Bye Bit,
>
and relocate from Dubai to Pyongyang!?
>
LoL
>
Bye