Without shorts, a market has no pessimists. “If you do believe it’s a ridiculous price but you don’t own, there’s no way to express that view,” Giancarlo told CoinDesk, adding:
“If you don’t have that derivative, then all you’ve got are believers [and] it’s a believers’ market.” And this is exactly why $$$ ponzi is collapsing and Fed resumed money printing. They pay with newly printed $$$ the scam (aka derivative) of selling something they don't own! |
|
|
|
Bitcoin going up
It's Sunday night f f s
Who is buying now
Earth is not flat! It's day somewhere. |
|
|
|
The best from España franquista. Caudillo must be happy and laughing in his grave. |
|
|
|
|
Nice!
Shorts getting rekt one after another.
Expect ATH this year!
|
|
|
|
Who sold at the bottom?
Roach 🤪 He sold way below the bottom. This is why he is mad and obsessed with bitcoin. Who sold at the bottom?
d_eddie because of "trading with a hedge"?   |
|
|
|
I started doing this as a hedge (to mitigate damage).
It is not a hedge and certainly you don't mitigate any damage! Lets say you hold 5 bitcoins short and 7 bitcoins long positions. I hold 2 bitcoins long position. Price movement in either direction will bring both of us one and the same profit or loss. The only difference between us is that I pay rollover fee for 2 bitcoins while you pay rollover fees for 12 bitcoins. |
|
|
|
What you say sounds true if taken literally and out of context, but I know I consistently gained from this, at varying rates according to market volatility and predictability.
You've gained from this because price moves within range. If price gets on a trend you'll lose twice as much you've gained during the range trading. Holding both short and long positions is very expensive way to purchase adrenaline. Bungee jumping is much cheaper and will get you more adrenaline. |
|
|
|
Short closed with tiny profit. Long still suffering. Wait and see.
Holding equal size of both short and long positions at the same time is very stupid indeed. You just pay rollover fees on both sides without any chance to make profit or loss. |
|
|
|
there is one reason (besides many others) why BTCitcoin will succeed: printing infinite FIAT money to avoid the next recession
While recessions are part of the fiat game by design, aren't they? Not anymore! Game has changed in 2008. There will be no recessions anymore. There will be money printing until the final and total collapse of current financial system. It is close. |
|
|
|
We are going to end up with 95% renewables in 20 years because they are cheaper than everything else when combined with hydro storage and battery storage.
Battery production and then battery "utilization" at the end of battery life (solar panel respectively) is much more damaging to Nature than using coal. You just want China to do the dirty job and produce the battery and export it to the "clean" country and then the "clean" country will be paid by Chinese for the carbon emissions China produces to make the battery for the "clean" country. Then at the end of the battery life the battery will get repatriated back to China for utilization which is even more poisonous for the soil than the production. As an alternative used batteries and solar panels can be dumped in some third world countries. Do you think people at the production and dump sides are really that stupid? Don't be naive! |
|
|
|
Here childhood has been stolen? nha..  that must be the dumbest pic I've seen in a long while How it's dumbest? Can you explain? I will say one should feel sad looking at those kids working at this age while they were to go to school. He is a commie. Of course he thinks that picture is stupid. Greta is not working, Greta is talking and traveling the world as politicians do. Greta is playing. Greta will probably be one of the world leaders in the future while the other children would die. It is a dumbest pic. Greta is a psychopath. She is a child and her labor is being used by even bigger psychopaths. |
|
|
|
When FOMO? I can't predict. But I'm positioned to benefit.
Nobody is really interested in what you think. You're a loser. |
|
|
|
|
I love to buy cheap bitcoins!
|
|
|
|
A falling wedge has a descending base, not a horizontal one.
That's descending triangles....a beariish pattern.
Falling wedge is indeed a bearish pattern. but that doesn't matter as this is exactly what graph "painters" want you to see! TA is not a prediction tool, TA is a manipulation tool. Graph "painters" use TA pseudo science to shape small fish behavior. |
|
|
|
I know how LN works as I'm using it. You don't because you don't use it.
You don't have to open a channel to every person in the world you *potentially* might need! Most people would need 5-6 channels opened where they make payments on regular basis.
Jesus christ. Do you even read your own posts? You're NOT describing any type of monetary system. All you're describing is a system designed to facilitate permanent vendor lock-in. Okay, so instead of having only a single channel open to Bank of America, some people MIGHT also have a second channel open to Amazon.com LOL. What happens if you want to buy your neighbors lawn mower? Oh, that's right. Since it would be prohibitively expensive to open a channel with him, you're using a permissioned ledger where you need to ask permission to your Bank of America channel if a payment can be sent to him. Oh, woops, Bank of America detected that you do not hold neo-Marxist views and refuses to route any of your payments so your permissioned ledger Bitcoin isn't even usable. The endgame evolution of all digital shitcoins is nothing more than a Chinese social credict score system. They're all completely fucking garbage. Physical metals are money, not this trash. I do. However, you seem to forget what you're arguing about? What "channels" and how will you open them to pay to somebody on the other side of the globe with your physical gold or silver? Fuck off. You edited my post to edit out all evidence clearly showing Lightning Network is a useless, permissioned ledger scam, so I added it back. I've already explained why LN is garbage and none of it is lies or exaggeration. You do not get to pretend that the real world functionality of LN is different from how I stated. Good look with your digital shitcoin scams. The majority of the population refuses to use a cashless society slavery system that abolishes cash, so your pump and dump scam and Chinese social credit score system cause is pointless regardless. So, you're paid per number of words you're posting here! How are you paid? In $$$, in bitcoins, or in physical gold and silver? |
|
|
|
I know how LN works as I'm using it. You don't because you don't use it.
You don't have to open a channel to every person in the world you *potentially* might need! Most people would need 5-6 channels opened where they make payments on regular basis.
Jesus christ. Do you even read your own posts? I do. However, you seem to forget what you're arguing about? What "channels" and how will you open them to pay to somebody on the other side of the globe with your physical gold or silver? |
|
|
|
Tell me r0ach, why are you constantly trying to scam us into PM's, whilst trying to scam us out of BTC? Impressive. I mean your shill narrative - is scam you all the way. Biggest scammer I've seen anyways. # ~
Another reason is to not induce accelerated development of the Lightning Network which actually is the Bitcoin killer app.
I'd love to hear why if you don't mind. It gives elegant technical solution to economic challenge. The economic challenge: Why should your purchase of a coffee or beer be written on the bitcoin blockchain and remembered forever? Obviously, it is not so important for the rest of world's population! If it is so important for you, you can still write it on the blockchain paying the appropriate tx fees. If not, well, use LN! |
|
|
|
Another reason is to not induce accelerated development of the Lightning Network which actually is the Bitcoin killer app.
You have no idea whatsoever how Lightning Network works if you think that's the case. It's 100% useless because the only manner in which it can function in the real world (when on-chain transactions are prohibitively expensive) is each user only having a single channel open to a well-connected bank who routes all their transactions. You cannot afford to open a channel to every person in the world you *potentially* might need to send money to, nor can you fund each of those channels with proper liquidity because channel liquidity is not fungible with one another to make larger purchases. It will just be you connected to a bank in a permissioned ledger. 100% fucking useless:  I know how LN works as I'm using it. You don't because you don't use it. You don't have to open a channel to every person in the world you *potentially* might need! Most people would need 5-6 channels opened where they make payments on regular basis. |
|
|
|
|
Show Posts
