MM

MaximumStudent1839

> Strokin asserts that Binance can crash Bitcoin's price to $30K–$50K with just three clicks No. That is absurd. If CZ can do that, BNB would be top 2 at least by now. > liquidating 133,000 traders There is your problem. The space has gotten addicted to perp trading. Heck, they have become so much of a volatility junkie that they have to leverage volatile memes like Fartcoin. The shit is already volatile by itself. Wintermute and such are MM. They can make money from searching where liquidity lives. If there is a huge spot of liquidity from leverage, wtf do you think they will do? It is their business. If ppl don't do crazy levels of perps, they have no leverage to hunt.

Lantjiao69

MM is eating good this year, and you call them dumb? 🤣

paidzesthumor

Data scrape a sample of your winning trades, develop a trading model then test against the remainder of your wins to validate if it’s an exploitable pattern. Some prop shops might be willing to nibble on your strategy but just know you’re trying to sell to traders whose strategies are virtually certain to better than yours and at scale. IMO it’s more valuable to demonstrate a track record of self-learning, analyzing, refining and improving your strategy and articulating your conviction and rationale behind the changes you made rather than any raw genius or skill. As far as tools go, you can either monetize it or shop it as part of an interview process if you’re looking to get a 9-5 a trading software engineer. My own two cents, monetizing SaaS in the trading / MM space is a lot tougher now with AI. People can dunk on vibe coding all they want but the reality is that the bar to impress with an MVP is way higher now.

innocentrrose

I still use MM because it’s what I’m used to, and what I started with in 2021. BUT I will say after using other wallets throughout the last year alongside it, MM is kinda ass compared…

Pretenderinchief

No news was bad news. Idiots putting on massive leverage on possible positive tariff meeting so the MM decide to wipe them out before heading north slowly. Everyone in here with a 300 dollar portfolio decides to come in here and type "WE ARE DEAD".

Lufia321

MM also does that with scam sites

PandorasBucket

I see I guess I already have so many wallets added in MM that it would be a huge pain in the ass for me to switch at this point.

ftball21

Exactly. Connecting a *hardware wallet* to rabby is a far superior ux compared to clunky MM

HSuke

I think you might be alone on that opinion. Exodus lacks half of the advanced features of MM, Rabby, and CB wallet. It's one of the most basic wallets I've tested.

Environmental_gobrrr

I used to be in the same shoes as you tbh MM is shit rabby was ahead of the curve and you have/had to manually change the network fill all the bullshit details moreover when i used to use MM I couldn't see the portfolio value including all chains and the mobile UI it was too damn laggy very annoying

d_drobot

Bruh, MM has had simulations before rabby was launched

PandorasBucket

I still see no reason to switch from MM. I've never understood the hate.

Pinewatch762

UI sucks, swap features suck, gas is more expensive. Rabby allows you to add usdc to a gas account so you don’t burn eth for swaps and transfers. MM has the one up with the fact you have to manually add coins. Rabby also has a risk rating and simulates swaps and transfers

Pinewatch762

Rabby is so much better than MM. and I’ve used metamask for YEARS prior to rabby

HBRWHammer5

Another EVM wallet, far superior to both phantom and MM.

Lufia321

Why does MM suck? Genuine question because I have no issues with MM.

HBRWHammer5

Metamask sucks, Rabby is amazing and deserved to eat MM's market share

jclaslie

The sad part is that most people don’t even use them, or don’t know they exist. The MM team needs to do more work on raising awareness about the usefulness of snaps.

BakingBreadBB2

Snaps are really turning MM into a Swiss army knife. I was very close to replacing it with Rabby completely, but snaps came in clutch

namieorange

Only thing I still think is a good enough reason to expect an alt season. We know how easy exchanges and MM can manipulate to create fear like we saw on 10/10. But also FOMO. IF we end this cycle without any stories about alt season, insane days of gains for a few weeks. But instead end with the sour taste of crypto only being risk no reward game. Then their business is done for. Nobody will come to this market if they can get more gains less risk just going with stocks. It is in their interest to keep the narrative and greed so we keep coming back. So I think we'll probably have another leg up and sort of an alt season, probably with QE

b1mm3rl1f3

They'll say the same thing in 2030 @ $1MM and 2040 @ $10MM lol

thupkt

That's a straw man. Until BTC is $100MM/coin everyone can buy a sat for under a buck.

thupkt

Ideal? 21MM BTC

thehighgrasshopper

I see your 1MM and raise to 2MM.

zaareno

The main difference is Bitlock isn't really a plugin system like MM. It's more like verything is native: Charts, swaps, sniping, scam detection, dust cleaner, etc...

BoringPrinciple2542

We are talking about approximately 2.1MM BTC that has been untouched for 14 years hitting the market. That is about 10.5% of all BTC mined to date (about 19.9MM). I hate to break it to you but that absolutely could have a stupendous impact. For context this is around 3.3 MicroStrategies…. If this group does in fact have control of all of the wallets they have claimed to have seized (and so far there is evidence that they do) then they 100% could cause a massive crash. Not just by being on par with Mt. Gox but also the cascade effect as an avalanche of people get margin called. Then comes the chaos as millions of retail investors watch the price fall like a rock and panic sell. Feel free to bury your head in the sand but I prefer cold hard facts.

GabeSter

I’m sure the tweet is 70% bait and 30% ass kissing but it’s 100% real https://x.com/cz_binance/status/1981782733316927964?s=46&t=_XdO1MM-IScHom7IthfJPA

Puddingbuks26

Agree, lost around 60k on same issue on Kraken. IF MM matches below on a spike ur cooked indeed

Specialist_Log_7020

Still new to it, but so far Bitlock has been faster and cleaner for farming setups than MM.

thupkt

I know three cold wallet HODLRs I knew four. The fourth had $30MM BTC stolen from him (IDK how, I know I know!) and six months later KHS he was so devastated. He even promised me he would call if he was ideating. *Mind your wallets!* Do it for my lost friend.

_that_random_dude_

The volume you see on exchanges are 90%+ trading bots and MM orders. The retail has very little impact on anything This while market is decided by the daily vibe trading of bots and sometimes whales deciding to fuck with the price

normnormno

Majority won't take it seriously until it sits over 1MM per coin. Even people that own it don't understand. I always laugh when I see bitcoiners say "when bitcoin gets to a million, a million won't be worth having" Sure buddy. More bitcoin for me.

namieorange

What could be causing it? MM playing with us? People got over their fear?

dataCollector42069

For some reason, I always just picture everyone having to wear suits lol. MM side the pay is amazing but it is quite taxing on the mind. Bonus is about 30% on my side but a good base (especially for Chicago).

dataCollector42069

Hows the pay like for Market Risk at Tier 1 banks? I do something similar, though on the MM/HFT side of things.

Consistent_Panda5891

Gold never crash, as much expect a 10% correction in long term before an additional 15% pump. Silver is slightly undervalued than gold, that's what people will buy in that case. Noone will buy BTC if they haven't bought yet lol, BTC has already 1/10th gold market cap which is huge and not allow any monster move up. That's why MM try to push it lower

peepeepoopooxddd

HL had a meltdown and wouldn't accept deposits or withdrawals. My trades wouldn't execute. Binance had coins crash 99.99% because the order book was empty and there weren't MM / arb funds to prevent a total crash. I don't know much about the other exchanges during this crash, but if you say Binance or Hyperliquid were functional, you're delusional.

Aware_Ad_618

Tbf fractionals are sketchy. Fractional shares are something brokers and MM invented WHATS THE POINT OF A STOCK SPLIT IF FRACTIONALS ARE AVAILABLE Fractionals are not real

Financial-Link7328

It’s always been this way. MM, whales, pump & dump, KOLs scamming Chin up another day

RedPillVoice

Nothing healthy in BTC drop. All corrupt MM manipulation - especialllh with gold going UP all 2025

1StpKlosr42

Moons is actually looking pretty resilient here, no wonder the comments and daily discussions get downvoted to oblivion. It doesn't align with the market manipulators plans to fleece retail. Unlike Useless, Fartcoin, SPX, Pump, Kaspa, Pengu and all the other fake "community" projects by MM and big $ trying to AstroTurf this sub with their army of shills.

namieorange

Not any indicators, past data or moon theories THIS is the #1 reason I still believe an euphoric phase and alt season is still coming. If we finish the cycle like this, then nobody will remember this crypto bullrun. Nobody will talk about the huge pumps day after day we had. Most of the ones who remain wont touch crypto even from 10mtd away. It will end with a very sour memory and no gains compared to stocks. It is in the interest of thosenwho run the show, Exchanges, MM and the whole casino to hold the narrative and keep us coming back. Also for them to exit after a big pump, obviously before most of us can even take the crumbs they'll leave. So yeah, I still see them trying to keep the narrative intact. We all saw last week howneasy it is to manipulate the whole market

WinterPurple73

there is only one long leverage at 109K, but something tells me MM won't touch this for now, instead will go for the short leverage at 112K.

gemeplay

Honestly, more than half decent chance that what we are going to get here is a dalai lama reversal and a turbo moon, after some sideways consolidation. Those who don't know what this is, its a very common pattern in cypto. I've seen many during my time in bitcoin. Here's an example from 2022: [](https://www.google.com/url?sa=i&url=https%3A%2F%2Fx.com%2FMisterSpread%2Fstatus%2F1799834753283293235&psig=AOvVaw1VFEJE7bVM_5CLOLhS9Nhj&ust=1760688350126000&source=images&cd=vfe&opi=89978449&ved=0CBYQjhxqFwoTCNCm6LOhqJADFQAAAAAdAAAAABAE)Seems like a perfect play from MM to liquidate all of the leveraged longs by dunking it, grabbing that liquidity and eliminating overhead sell pressure, then using the shorts at the bottom to liquidate them and Well, that or the top was 6th October, as per the 1064 day trend from bear market bottom to top. Right now, I am holding, but as I am a trader not a hodler, I will yeet my bags (probably by end of this year), since I am up big since the lows in late 2022, and buy back in oct 2026. Q4 2026 should be big buying opp once again for stocks, gold and bitcoin, all due to bottom within a month of each other. Up huge on all of them so far, but just sitting back and letting the market do its thing.

No_Coyote_5598

yes, and they get busted, never has someone traded $190MM with insider knowledge and got away with it in regular capital markets. Hence those markets would crumble as investor sentiment would die and retail would lose confidence. Apples to oranges comparison, weird take bro

b1mm3rl1f3

Pretty common even among long term OG holders. I read about a guy who used 2x leverage on a $30MM stack, that’s how he got to $30MM in the first place. So stupid to go all in but greed is a real thing

panthera_N

CZ is MM and BNB can absolutely be 2nd, no problem with this

diamondhands95

I think i just burned my moons.Changed phone and i cant open my vault , they dont appear im MM,i ve imported nova and moons contract.F

20yroldentrepreneur

There were hundreds of millions of airdrop points being farmed on aster with billions of volume which were ending Oct 8. I had called this timing as the last chance MM can wipe out huge numbers of overleveraged traders.

user_name_checks_out

Where did he say that he had $10MM?

dstred

Even a 5y.o. kid could have realized by now that this was a planned robbery. All leverage traders lost all of their collaterals. Exchanges' marketmakers were part of that robbery imho. The liquidity in the orderbook on 99% altcoins is only marketmaker's orders, so when the time has come MM removed their orders so that a very small amount of asset could nose dive the price to zero

Individual_1ne

No one shorts bitcoin that heavily. Lol. MM's would be lucky to pocket 1/4 of that

imfrombiz

Rumor is MM were locked out and orderbooks were thin so it doesnt take much sell pressure to dump token price on a central orderbook.

dataCollector42069

I worked for a MM for years

chanmalichanheyhey

i am afraid its not as simple about the market recovering back to pre-tweet levels, even if Trump walks back on his threat 1. Plenty of traders already got fully rekt, they dont have the capital or stomach to jump in anymore 2. We havent seen news on quant traders and MM or even CEXs going bust yet. Not even a business days to fully reel in the damage

Rafnel

There will be no response because they have no idea lol. "Market maker" is just an evil boogeyman term thrown around on investing subs. 95% here wouldn't even be able to define what a MM does without googling.

__Butterflyeffect__

This was no crash this was intentional MM move. They now realize profits and simultaneously go long to close the gap and vice versa. This was no crash because people don't believe in Bitcoin anymore. Narratives don't change yet

fizikxy

If I was Trump i'd be crying tears of joy for having manipulated my followers into being so deranged and obsessed with me that they are now blaming Leverage for this event. How hard is it for people to accept that this was a coup between Trump&Friends + CEX/MM's? A "dip" of this size does not happen randomly due to a tarriff announcement lmao. They timed it deliberately so people would shift blame onto "markets reacting to tarriffs", but even they couldn't predict that MAGAts would now make leverage the boogeyman.

namieorange

Got it. Could also be rebalancing accounts after the crash where they MM. Many orderbooks got emptied after the crash

dataCollector42069

except the previous time didn't cause all MMs to pull out and show how fragile this coin is without MM liquidity.

Djamt

I've been in crypto since 2017, one of the biggest lessons I've learnt is not to trade leverage, so I spot trade and also have bags, so this dump didn't affect me at all. It's not under attack, it's a leverage flush, a big one, MM's can't control a market with that much leverage in the system. Everyone talks about buying low and selling high, but when the time comes to buy low, nobody does.....

dataCollector42069

I work in the financial markets and knew most of the volume was all MM. Was quite interesting to see how thin the books were without them. Retail doesn't give a fuck about crypto, its mainly MMs waving their dicks at each other

bizaroo933

If Gary Gensler was in charge, MM’s and exhanges would never dare do this much manipulation. With their hero Trump they do what they want. Crypto president my ass.

namieorange

Yep that's why I'm saying we're in a scam market. MM, exchanges and whales dont ever care to put an act anymore

Subject-Reindeer-671

Chance of Bitcoin going to $1 MM…..very high

aBBazaBBa321

Sry foe the newb question but How do you mean use leverage and MM is bait? I'm new to the coin as of this year and I just DCA when I can. I'm currently using strike, is there a way to tell if you're up without adding every single transaction.

DaveyJonesXMR

MM's/Whales are just doing what they should be doing if there ever is gonna be another FOMO cycle. Not allowing free riders in. Thats why buy and hold till your comfy probably is the best strategy.

EarlyIsland

slippage insane bc alot of MM stop quoting when these type of things happen

bitaurusmaximus

How someone can foresee the happening checking on LTC which is light years away from its peak? That’s a crazy indicator. The whole crypto reaction is ridiculous and done by manipulating MM players and crypto platforms. I buy the dip with leverage and tight SL, not holding anymore any coin except BTC.

VillanOne

Banks, broker, MM, whales and China liquidating Marge is calling and don't forget to keep staking

GengisKhansLeftNut

I wouldn't call it a conspiracy even. And I would not be surprised if the MM morons overleverage/run out and panic because they are dumb and greedy.

bizaroo933

MM’s can proudly announce another ‘BREAKING: MORE THEN 1 BILLION LONGS GOT LIQUIDATED’. Fuck this market

_that_random_dude_

I’m an eth bagholder since 2021. This shit has been stressing me out a lot, especially the last few weeks. My average buy was about $2000, dca’d out as it climbed up. I had half of it waiting to sell above $5000, but god damn it has been really stressing me out these ups and downs. I just sold while it was falling an hour ago. I thought I would be sad about the missed opportunity of selling higher or mooning. But let me tell you man minutes after selling I feel so much lighter. All that stress is just gone. I locked in my profits, and honestly I don’t care if it goes to $10k now. The mental strain is really not worth it. And I doubt it’s going above $5k at this point tbh. If you’re already in reasonable profit, just sell it man. It’s so much better for your mental health. Not an investment advice but more a mental health one lol. Good luck to the rest of the gamblers here. I’m out, and probably won’t be back for a long time. MM and whales fucked up by scaring the retail this much, let’s see if many of them will ever come back

jclaslie

Hmmm… So, how does this work from a user perspective? Let’s say I want to pay with funds sitting in my MM wallet. How do I do that?

Kobebean-goat24

I would wait and stack up a lot of cash preparing to unload when it retests 69k ATH. I know I’ll get downvoted because the DXY has been in free fall, but BTC has never failed to retest a previous ATH and confirm it as support. Somehow someway the MM will crash us in the middle of the night on a low volume weekend to 69K before we absolute moonshot to 200K and beyond….maybe I’m just hopeful….but if you buy now you’re okay too in the long run because 126k won’t be the top.

AllCapNoBrake

Looks like all of the leverage is long, so JP's speech tomorrow could be the catalyst the MM's use to do the usual sweep, so they can then rebuild their leveraged long positions.

b1mm3rl1f3

Bears are aggressively shorting and MM is drooling 😂

user_name_checks_out

If you post information that can be used to identify you, then anybody can follow that up. OP has posted here that his net worth is north of BTC 85 / $US 10MM. That might be enough to tempt a rogue reddit employee to track him down using his IP address etc.

AllCapNoBrake

You're asking us to time the market for you. You'll have to figure out the ebs and flows and wing it from there. There's currently 97M in long leverage sitting at 119.8k and there's also 90M in Short leverage at 122.5k. Will MM's want to buy low and then sell high, or sell high and then buy low.

Captain_Fredl

Sadly BTC didn’t got the big liquidity cluster at 108k some days ago. Could be a good play for MM again

user_name_checks_out

I got you. So someone who today owns $1,000 worth of bitcoin will, "in 20-30 yrs", be worth more than a $US millionaire, because by then bitcoin will be worth $US100MM. I did not get that from your original post. Next question, for bitcoin holders, your categories are "Pre 2013", "2015-17", and "2025". What are the categories for: - People who bought bitcoin in 2014 - People who bought bitcoin in 2018-2024

Gishky

Bitcoin MAY also hit 0. Or 1MM. or any other random number you could come up with...

b1mm3rl1f3

He’s making $500MM a day with bitcoin, the most profitable company in the US. Who wouldn’t be?

Medium_Change4574

Idk man, I am neither a MM nor an exchange lol. It's just a theory

panthera_N

MM read your comment, felt scared, thought about it all night, and decided to fulfill your request

AllCapNoBrake

Those are leveraged longs sitting at 111k & 110.9k (about 111 million worth in total). MM's are not going to let those just hang out.

AllCapNoBrake

Ya, THOUGH, they are rebuilding their wall of paper BTC shorts at 114.8k (41.2M), so just MAYBE MM's will at least push it up there to create a higher low , then go back down to grab the longs at 110.9 (111M between the wall at 111 & 110.9) Time will tell.

AllCapNoBrake

Presently 52.6M in short leverage at $114.4k Presently 66M in long leverage at 111k and 53.9M in long leverage at 110k. I'm guessing if this daily candle does not close above 114.0k, the MM's will push price down to take out the leveraged longs first between 110-111k.

Scared-Metal9294

Which one is going to have the larger upside potential? If Wall Street is planning on moving onto blockchain I would think that Ethereum would have huge potential upside. I’m not sure if BTC will climb to $1MM relatively quickly. I’m guessing with the new governmental push and regulatory approvals with the Trump administration ETH will increase in value much quicker.

Noxo93

Gr8 b8 m8 , MM trying to get retail to sell so they horde more for cheaper

AllCapNoBrake

55M in leveraged longs at 107.6k Based on everything you've seen this year, do you think MM's push down to take them out and then push lower to grab the what will become the newly rebuilt wall of leveraged long positions, or do you think they won't keep trying to buy lower and just let the price rip to the upside?

buxmell

who are making this propaganda? MM?

Zombird-of-Exit59

Damn that blows. We’ve all been there. First year I lost 450,000. Margin trading doesn’t pay. Took a year off then started again, slower and more strategic. Now, year 6 and I’m up 2 MM. don’t quit. Get Fuc..ng smart and learn from ur mistakes. Eat, shit, and breathe the market. Read and draw ur own conclusions. Never get attached. Sometimes take the loss and move somewhere fresh. It works. Good luck.

Damafisch

I have a few reports I can send you. Dm me your email. Also happy to chat about your project, interested in the MM space. What do you do exactly?

thranetrain

I agree with this 100% and is my exact take. Adoption drives the first 'half' of major growth and CAGR, then monetary debasement/global real gdp growth gets us to steady state similar to where stocks are today. The thing I grappled with for a while is the question of 'how much purchasing power will $xx btc price get me in 20 years'. The simple answer I've landed on came from a Jeff Booth (among others) take which is: what % of global adoption do you expect? Pick a number in today's dollars. Let's say 20% which is roughly 200T. Easy rough math says that's $10MM per coin IN TODAYS PURCHASING POWER. Even if monetary inflation runs wild, if you expect btc to grow to 20% (in this example) of global capital, you can expect $10MM/btc in today's purchasing power, regardless of monetary expansion.

ExitGlum334

Lol nobody can call the market except the MM

Kratagon_

Bitcoiners need to understand: if you sold, it was because you wanted or needed to. 2030: Trader who sold at 500k 2042: Trader who sold at 1MM 2054: Trader who sold at 2.5MM 2224: Trader who sold at 1T So, are you going to wait for this to happen, or are you going to sell when you need to? If you don't sell and enjoy it, your children or grandchildren will be the ones who sell it!!!

stellarfirefly

Moving only a portion is the best part of your strategy by far. You're thinking in terms of diversification. As for when to do it, that is the gamble. Lots of people will say to just go in right away and don't look back, taking emotion and timing speculation out of it. Some will say to wait for the next dip. As someone who is already invested in stock and MM, I would suggest simply taking your same strategy and translating it into $BTC. When you invested in your stock and your MM, did you wait and try to time your purchases with market lows? Or did you just buy in the moment you had the funds? Or a combination of the two? Take that same strategy into $BTC, treating it like you would any other highly volatile investment.

bigcig

could be worse, you could be stuck asking yourself if all that weed you smoked was really worth close to $500MM now.

MichaelAischmann

Slow and steady is fine by me. If you want more action you can create it yourself. Navigate to the margin section of your favourite exchange. Tread lightly, MM don’t want leverage trades to succeed.