Post by onefreetrajectory on Dec 5, 2017 20:18:16 GMT
Its been hard to peel my eyes away from this 6 month chart or here
Now the party is starting for bitcoin with CME CBOE beginning futures trading on 12/10.
As global central banks fiat currencies deflate BTC and cryptos go up, and are we to believe its completely organic or will the last few months meteoric rise be attributed to the coming futures trading and complete F*#$age that will ensue?
Bitcoin cannot be naked shorted so presumably "they" would have to play a different game to manipulate. One that rules fear of say? regulatory woes and other means? Who could not have FOMO on this chart? This smells of OPK at 19 but on a scale we could barely imagine. Do we think the establishment will give up their fiat without a fight? I think this will be a bloodbath before its over if it ever ends.
The article says:
oh how naive. One can imagine painting the tape with infinitely small percentages of bitcoin on a volume beyond the exchanges capability to transact in sufficient time performance causing massive panic on top of regulatory fears. Every share/bitcoin/percentage of bitcoin they own, they can short.
I love the promise of bitcoin and cryptos, but to feel they are free from manipulation .. well thats foolish.
Which way will they go first? My bet is they take it up and suck in more retail and international traders running from failing fiat. We will know their weapons are tuned when the flash crashes are less volatile and they can persistently keep a downtrend in tact. Just my opinion.
One can only hope that the short traders will flock to this opportunity like a flame and dare I say, leave OPK alone?
Now the party is starting for bitcoin with CME CBOE beginning futures trading on 12/10.
As global central banks fiat currencies deflate BTC and cryptos go up, and are we to believe its completely organic or will the last few months meteoric rise be attributed to the coming futures trading and complete F*#$age that will ensue?
Bitcoin cannot be naked shorted so presumably "they" would have to play a different game to manipulate. One that rules fear of say? regulatory woes and other means? Who could not have FOMO on this chart? This smells of OPK at 19 but on a scale we could barely imagine. Do we think the establishment will give up their fiat without a fight? I think this will be a bloodbath before its over if it ever ends.
The article says:
And dollars, unlike Bitcoin, are in nearly infinite supply. I’ve heard arguments that the recent price rise in Bitcoin is partly because the CME and CBOE are building inventory. That’s pure disinformation. What inventory are they building when they are never going to settle the trades in Bitcoin?
I love the promise of bitcoin and cryptos, but to feel they are free from manipulation .. well thats foolish.
Which way will they go first? My bet is they take it up and suck in more retail and international traders running from failing fiat. We will know their weapons are tuned when the flash crashes are less volatile and they can persistently keep a downtrend in tact. Just my opinion.
One can only hope that the short traders will flock to this opportunity like a flame and dare I say, leave OPK alone?
