that drop was one hour after the latest billion tethers

the new narrative is apparently that the pump is in 90 days when financial advisors are finally ready to push bitcoin ETFs on their customers (for some reason)

ETFs put bitcoin on steroids!! y’know, asthmatic with shrunken balls

the bitcoin market is fake and in tethers, but the retail securities market is real and in dollars

my brother in Satoshi, you are the exit liquidity

  • The Snark Urge@lemmy.world
    link
    fedilink
    English
    arrow-up
    5
    ·
    11 months ago

    The integrity of our securities markets is a low bar if we’re being honest. Companies don’t trade on fundamentals these days. Nothing does, it’s all been turned into a casino by bad actors.

    • gerikson@awful.systems
      link
      fedilink
      English
      arrow-up
      5
      ·
      11 months ago

      It may be a low bar, but it’s a bar most Bitcoin trading systems fail to clear. It’s obvious to everyone outside the bubble that there’s rampant insider trading and front-running on most exchanges. Heck, even the insiders know this and trade thereafter.