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Crypto pump and dump appears complete. Tears incoming. Coinbase is down, zero account balances.

 
jlee2027
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02/28/2024 12:39 PM
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Crypto pump and dump appears complete. Tears incoming. Coinbase is down, zero account balances.
Get out. Have seen this with too many stocks.

Last Edited by jlee2027 on 02/28/2024 01:14 PM
jlee2027  (OP)

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02/28/2024 12:40 PM
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Re: Crypto pump and dump appears complete. Tears incoming. Coinbase is down, zero account balances.
https://imgur.com/a/zh7LJdA
jlee2027  (OP)

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02/28/2024 12:42 PM
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Re: Crypto pump and dump appears complete. Tears incoming. Coinbase is down, zero account balances.
They always get some whale to slow buy up the price for days and days until the victims start buying, and hit a sudden sell wall (which was pre-arranged).

The sell wall has been hit. It was, imho, 63,800. Now, it's all downhill with a few hopeful moves back up that don't stay.
Anonymous Coward
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02/28/2024 12:43 PM
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Re: Crypto pump and dump appears complete. Tears incoming. Coinbase is down, zero account balances.
yes guaranteed dump incoming.
Anonymous Coward
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02/28/2024 12:45 PM
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Re: Crypto pump and dump appears complete. Tears incoming. Coinbase is down, zero account balances.
They always get some whale to slow buy up the price for days and days until the victims start buying, and hit a sudden sell wall (which was pre-arranged).

The sell wall has been hit. It was, imho, 63,800. Now, it's all downhill with a few hopeful moves back up that don't stay.
 Quoting: jlee2027


Don’t they usually keep it rising for a month and let it stay flat for another month?
Anonymous Coward
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02/28/2024 12:50 PM
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Re: Crypto pump and dump appears complete. Tears incoming. Coinbase is down, zero account balances.
May be. But it won’t be you llamas that predict if/when it happens. I think I hear your mom asking you if you want another hot pocket op.
Anonymous Coward
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02/28/2024 12:54 PM
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Re: Crypto pump and dump appears complete. Tears incoming. Coinbase is down, zero account balances.
If you was to print your own currency you would be thrown in prison... "They" are allowing crypto to grow so that when the time is right "They" can declare it illegal, wipe it from the internet and magically wipe out Trillions of debt from the market.

Prove me wrong !
Anonymous Coward
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02/28/2024 01:00 PM
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Re: Crypto pump and dump appears complete. Tears incoming. Coinbase is down, zero account balances.
I notice that a certain user with a Yosemite Sam avatar hasn’t weighed in on bitcoin soaring. 1rof1
Anonymous Coward
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02/28/2024 01:07 PM
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Re: Crypto pump and dump appears complete. Tears incoming. Coinbase is down, zero account balances.
If you was to print your own currency you would be thrown in prison... "They" are allowing crypto to grow so that when the time is right "They" can declare it illegal, wipe it from the internet and magically wipe out Trillions of debt from the market.

Prove me wrong !
 Quoting: Anonymous Coward 86832858


Can't disagree. They'll short the fuck out of it first, though, and convert by dumping. Then they stomp on it legally. Dangerous levels of energy use threatening the planet. Used by terrorists and criminals. Unregulated. Dangerous for citizens -- see what happened? Have to protect our citizens. But we recognize some utility in the concept of digital money and we have a better one for you right here. Here's some free digital money to get started. Oh, and ignore the transparency to us of all transactions.
Anonymous Coward
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02/28/2024 01:10 PM
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Re: Crypto pump and dump appears complete. Tears incoming. Coinbase is down, zero account balances.
Get out. Have seen this with too many stocks.
 Quoting: jlee2027


Yep. It's obviously a whale generating hype to pull in enough exit liquidity for them to bail out of that made-up bullshit money.
Victor Vectors

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02/28/2024 01:10 PM
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Re: Crypto pump and dump appears complete. Tears incoming. Coinbase is down, zero account balances.
Get out. Have seen this with too many stocks.
 Quoting: jlee2027


2012 Halving:
Date: November 28th, 2012.
Block Reward Before: 50 BTC per block.
Block Reward After: 25 BTC per block.
Price on Halving Day: $12.35.
Price 150 Days Later: $127.00.

The next Bitcoin halving is expected to take place in April 2024
jlee2027  (OP)

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02/28/2024 01:14 PM
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Re: Crypto pump and dump appears complete. Tears incoming. Coinbase is down, zero account balances.
jlee2027  (OP)

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02/28/2024 01:16 PM
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Re: Crypto pump and dump appears complete. Tears incoming. Coinbase is down, zero account balances.
Anonymous Coward
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02/28/2024 01:26 PM
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Re: Crypto pump and dump appears complete. Tears incoming. Coinbase is down, zero account balances.
They always get some whale to slow buy up the price for days and days until the victims start buying, and hit a sudden sell wall (which was pre-arranged).

The sell wall has been hit. It was, imho, 63,800. Now, it's all downhill with a few hopeful moves back up that don't stay.
 Quoting: jlee2027


Yep, we've all seen this pattern happen countless times before. What's different is how close we are to the halvening. I think they may have some major black swan event to disrupt the halvening process
Anonymous Coward
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02/28/2024 01:33 PM
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Re: Crypto pump and dump appears complete. Tears incoming. Coinbase is down, zero account balances.
(presses button) and it's gone.





GLP