I dont think you can say more liquidity is negative just because there is shorting. When a stock goes from being listed on otc to being listed on nasdaq or nyse (where people can short), it is always positive.

One person can have both an account on a bitcoin exchange and a futures exchange. When one exchange is higher than the other they buy one and sell the other.

Or a person with a bitcoin exchange account makes some kind of private deal with someone with an futures account.

I could probably find more by Googling about futures arbitrage.

Bitfinex allowed shorting and the Nov 2013 bubble started right after they opened.

They are futures contracts which means eventually at some date on the contract, the exchange has to buy actual bitcoins and deliver them. In addition, the futures prices will move the bitcoin price by mere arbitrage.

Its definitely positive. It means everyone with a brokerage account suddenly has access to bitcoin without having to deposit onto a third party exchange they might not trust, and they can go in and out of bitcoin trades next to their stock trades. It means massive liquidity. Think billions of dollars suddenly added to the finex order book. Possibly with leverage too. I posted on here some time in 2013 or 2014 a prediction that if BTC were to be integrated with standard brokers, the price would immediately surge to $10K. This is what the rally has been all about.

I see multiple people drawing logarithms on a logarithmic chart. Why dont you just find a different log base and have a line on the chart?

Is polo borrowing our EMC2 and doing its own arbitrage?

I think there is much more than 1M bitcoins lost.

Here we go. Not the direction you picked but will be good action nonetheless.

Einsteineum on Bittrex. I flipped this one for a 100% profit and then it kept going another 100%. It has 15K of volume.

Bitstamp on the other hand has 9K of volume which pales in comparison to Bitfinex and other exchanges. Ive been trying to trade there and it's tough.

I'm complaining about this exchange, not making a speculation.

Also my stolen account has thousands of posts.

I have to make a confession. I dumped at 3K for a 100% profit. I had held for 2 weeks and didnt want to be stuck holding another 2 weeks while bitcoin cash or whatever went crazy. That was me the giant volume bar the first time it hit 3K. I had no idea about the pump on Bittrex and missed out on another 60% profits. Oh well as long as I consistently make profits and dont get greedy then this is what is working for me.

It seems like theres still alot of money to make arbing if polo will raise my limit and neither polo or bittrex screws up my transfers but thats a lot of IFs.

Also there should be good trades on any dips with all this volume. I already made a trade 44->47

A $30M coin has done more volume in the last 24 hours than Bitstamp.

Nobody understands us.

"People check their stocks once per day"
"I dont see you on the phone making any calls"
"What are doing looking at this wall of numbers all the time"

Polo's tiny fiat-based withdrawal limits that have remained the same throughout the entire 5,000% bitcoin rally is like they are living in an old timey fiat world.

I believe they used this on the dow during a stock market flashcrash in 2010.

I find the sudden volume and rally on bittrex without any corresponding movement on polo to be bizzare. Its almost like someone is running a fake site (bittrex) or a exchange controlled pump on bittrex to try to move polo.

I'm not saying there is anything wrong with EMC2 but I was happy to see 3k and now there will be backwards momentum from that crash.

Whoever is buying 4k on polo is crazy unless theyre trying to arb..

If I could, I would exit on bittrex no question. Polo's withdrawal caps have cost me a fortune.

Bittrex is now 75% higher than polo