I'm not convinced by the narrative behind the flash crash. this is the supposed narrative:>the chinese restricting rare earth product exports and trumps tariff retaliation against china will kill the US economy.i dont really see it personally. the tariff stuff is old news, china already retaliated multiple times with basedbeans, their own tariffs and the general ongoing tit for tat has been rumbling on for the best part of a year. what i see is market manipulation, the whole lead up to this the market was acting weird. Bitcoin crabbing at ATH, BNB manipulated to the moon, coordinated KOL shilling of Zcash and everything else crab dumping. then several large shorts loaded up, then trump writes "a tweet" that in precisely 14 days he will make china regret their rare earth metal ban. then big dump (flash crash candle on most alts back to 2024 lows)im not convinced this was organic
You don't understand, we're so cooked.
>>61088869Nah, it's a classic crowd panic over very little.No fundamentals have changed, we'll be back soon.
>>61088869>trump puts pressure on Israel >crypto flash crashes im noticing
>>61088884what pressure is this? the thing about asking them to pick between USA and China?
>>61088896He pressured bibi by threatening to pull military aide if they didnt accept his 10 point plan, and wouldnt you know immediately after the most kiked market on the planet implodes
>>61088919Netanyahu literally goes around the United Nations telling representatives be controls trump. And does so openly in israeli media. You don't understand the situation
>>61088940Exactly my point, and the second Trump stepped out of line the biggest liquidation in the history of crypto occurred
>>61088954So the axiom of pol still holds?
>>61088954Liquidation for who? Trump and their connections made a killing shorting the market.
>>61089254may i see it?
>>61089254I'd also like to see what you're referencing, please.
>>61088869yeah its the trillion dollar ai shuffle that made markets overpriced
>>61088869If both sides actual issue larger tariffs, that means they collect more tax revenue from that, but also prices increase. Would consumption remain long term if prices rise, overall?
>>61089329>>61089294
>>61091585prove those were trump controlled?
>>61088869If I'm not mistaken, GME had a coup the day prior to the crash, in which Ryan Cohen issued a warrant dividend. This forces a game of musical chairs, as everyone who believes they own 10 shares of GME is entitled to purchase 1 other from the company, but only a tiny tiny fraction of people have a broker that bothered to keep certs on hand. This would cause a sudden rush for *any* kind of liquidity by the brokers, who are all on the hook.
>>61088869CZ sold everyone's coins nigger. That's all there is to it.Like how is it possible for something to dump so hard it goes to zero unless you own all the coins or you own the exchange that holds all of the coins?
>>61088873
>>61091664use logic
>>61088869I trade based on lunar cyclesFor me the only narrative was>It's a full moon, so short because it's going to crashThe news involved with the crash is irrelevant. The simulation we're living in will generate a narrative for the normies to understand every cycle. Based knowers don't need a narrative and just trade based on the "rules" that govern our simulation.
>>61092472I prefer Ouija board trading, communicating with spirits to make informed trade decisions
>>61088869The reality is liquidity in the market is just shit and has been getting awful for years. There's no real money moving in 90% of the space and eventually something was going to give.I don't think the tariff news was necessarily so bad it had the effect but liquidity had just reached the point any negative pressure couldn't be absorbed. If you look at BTC and ETH they didn't really drop all that much. But alts like xrp, link and avax absolutely collapsed.The space is just a ghost town and this sort of price action was inevitable. Likewise if we got renewed interest we could moon but I don't see that coming from anywhere right now.
>>61092464Why dont you spell out the logic
>>61088869I’d be more worried if China wasn’t staring down the barrel of absolute demographic collapse. Production will shift away from them anyway. The US economy will crash for other unrelated reasons, but the tariffs are a step in the right direction to fixing it. The problem is that Americans don’t have the patience to rebuild and too much bureaucracy. Unironically the government needs to go
