Member Info for Chaebol

Im glad Reddit cleared that up lol

So the 85 percent loss is just an illusion a figment of my imagination. Traps set and inefficiencies found, this is way beyond retail capabilities.

Wall Street were behind this and if Wall Street is behind it, Citadel are the biggest winners.

But keep digging baker gregg, i'm sure reddit will have all the answers soon.

Herdie, went under 10 bucks at one point this morning, doubtful he will get funding, unless good old Citadel or genesis make an offer.

and it's all legal, retail been killed on this.

Here it is again in case you all missed it x;)

https://twitter.com/argoblockchain/status/1524051852853055488?s=21&t=-T2-IE8T8YhJhnE5jyKOAw

'That's unfortunate because everyone knows you NEVER sell for a loss".
Almost as good as Seamen Stnz 'Gold Isnt safe'

Kind of makes Stop losses irrelevant ?

forced sales at losses happen all the time

Luna going from 88 to 15 and ust peg at 60 cents is the only evidence i need

genesis trapped do kwon it really is ruthless.

I just hope ken and citadel wanna go long on btc or do they just keep mullering him down to zero.

Wall Street is always ruthless in the end.

Whats sadder about this luna ust mayhem is it shows the instis control crypto now.

A company like citadel with its money and experience will destroy retail.

A stable coin was rumoured to be targeted never thought it could be luna, seeing a thread about the purchase of btc via genesis, i think thats where the trap was set.

poor old do kwon, His net worth has crumbled by 85 percent in a week. That'll teach ya for taking on Chaebol x lol

but jesus what a **** show.

is pw involved with any companies that are doing anything good

CBX

PLUTO

i reckon pluto just disappears 1 day or another yop token theft?

what a couple of dogs theyve been and then the biggest dog of all argo blockchain x;)

OLD PW looks like he could be a pump and dump queen looking by his track record.

Baker greg,

You shouldn't be trading if you don't' get this. It's simple finance.

Way above your pay grade baker gregg.

DK and citadel are the 2 biggest entities causing this drop in btc right now and citadel aren’t stopping till dk is buried has dk sold 25,000 btc at a huge loss ? And is citadel shorting the hell out of this…..and just burying dk.

. But yeh I’ll have a coffee with my sausage roll Greg

As for DK yep said entities have destroyed him think I’ve just seen Luna at $25 !! And now it looks like he’s being backed to the tune of another billion - Mental.

He underestimated shorters capacity for persistence and being relentless x;) he must be getting some good margin calls now.I see sustained short attacks on luna theyre just wrecking it, plus the peg chaos, he could go down if this keeps falling lets see his family tweets then x

Hexam,

Funny months now for crypto especially June July, I'm not being a dick when i say i think further pain looks obvious.

27k is huge i think.

if that gets eaten on the next downward spiral, max pain! but support at 27k will be interesting.

the average price in 2021 during the bull run greg.

Not now.

Herdie, I think we going much lower, especially after you just bigging it up lol to think my short was only 6 weeks late on btc, hurts today ! real bummer ! knew i should have rolled it!

Do kwon hadnt come along who knows where btc would be now he's getting mullered now, shorts wont forgive him, especially the way he carried it out.

what was the average price of btc in 2021 ? was it 48k ?

Could have sold those 61 coins 2 months later for 60k plus

my point and the Problem, is those coins were sold in August due to liquidity needs so its not a good sale its a forced sale just like whats going on now.

The market controls you. If you have a policy that you hodl during a bull run then surely you have a policy not to sell when btc hits lows.

limping along this is a good thread,

Don't spoil it.

Herdie,

Argo have to now mine double what they mined last year to produce the same revenue, could be problematic adding to hodl especially as the price goes lower.

'They sold 61btc at 48k in august i seem to remember'

That solved everything didnt it, needed hundreds of millions to complete helios
so a 3 million dollar sale month before Nasdaq listing/dilution 'kept the lights on' to a degree......

Agreed Harchris, I said in September they should have just diluted the **** out of it,

Maximum pain would have been felt but it would have stopped a lot of this constant drag on funding which led to even poorer sentiment and volume. They missed a trick last year and then when he did dilute that 26 mill after pawn hub movie they were stuck because people were already ****ed off with the dilution lie. Now selling btc at these levels shows is worse than the dilution imo 60k plus to under 30's has been a terrible scenario that is now playing out.

Harchris,

A flawed strategy imo.

Volume was so large last year that the miners mining 900 btc per day would have no effect on the price whether they hodl or not.

Might start having an effect now, when the whole market knows your a seller the price usually starts falling.

‘Argo actually going up today on NASDAQ. Odd.’

I thought you’d be used to the upside down action that arbk has on the us markets by now ? X;)

Btc price will be interesting tonight, don’t think it’s long before 30’s have long gone, will be interesting to see the bounce support at 27k

Not seen anything online about it Herdie.

Stocktwits have probably worked out how to get 18 cents back on the price ;) sell the dust collecting machines.

Since the Ercot announcement, it’s been a death knell to miners especially Texas based. I’m reckoning riot have hit big issues at whinstone, until these super centres are fully up and running you won’t find out what issues you have riot must be hitting unexpected issues.

It’s in freefall and really shouldn’t be.