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Matrixport... What the heck?!
20 sats \ 4 comments \ @Fabs 3 Jan 2024 bitcoin
Yesterday, Matrixport posted this;
https://m.stacker.news/10590
Only to follow up on the above today with this;
https://m.stacker.news/10591
What. In. The. Fuck?
The above "Doom report" is supposed to be the reason for today's dip (which I took advantage of, reaching yet another goalpost).
Why would someone do this? What would cause such a quick change of mind?!
I'd say this falls under the category of market manipulation, what a bunch of trashcans.
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0 sats \ 3 replies \ @grayruby 3 Jan 2024
Classic market manipulation. Liquidate the highly long levered futures traders with a false etf denial. The algos pick up the news first and sell causing liquidations and by the time it is determined to be nonsense the damage is done and the trader suckers are carried out.
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10 sats \ 2 replies \ @Fabs OP 3 Jan 2024
Yeah, it's a shame.
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661 sats \ 1 reply \ @grayruby 3 Jan 2024
It's unfortunate there are so many bad actors and fools in "crypto". That's why we stay humble and stack sats right. I didn't mind a little discount on my daily stack to celebrate genesis block day.
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10 sats \ 0 replies \ @Fabs OP 3 Jan 2024
I agree on the last part, but I'd rather "zap" them some bullets between their ribs.
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