Bitcoin controlled by High Frequency Trading

[Sir Alpha_goy]

Always has and will always be.

Bitcoin price discovery is by no means natural.

Chinese adoption does not pump the coin.

Wall St. got found out so they created a Wall St. sidechain called Bitcoin.

The entire BItcoin business model mirrors Wall St.

Pro high frequency traders from Wall St. have been training noobs to be like them to create an ecosystem where the greed systems keeps on going.

They will use these noobs to crash Wall St for them.

Meanwhile they will always be a million steps ahead of you.

The federal reserve model has been injected with steroids and renamed "Bitcoin"

You are printing currency out of thin air and use "technology" to mask what it really is.

Wall St pyramid scheme being demolished in a controlled manner all while building new pyramid in parallel.

You have been fooled libertarians.

You know it.

They used your desire for something better and steered it back towards the old paradigm.

They baited you with riches and you took the bait.

You have been bought out.

You are sell outs.

You knew it when alt coin scene started breeding like a virus fueled by greed.

[unamis76]

Always has and will always be.

Bitcoin price discovery is by no means natural.

Chinese adoption does not pump the coin.

This is true, at least partially, in what regards trading.

Wall St. got found out so they created a Wall St. sidechain called Bitcoin.

The entire BItcoin business model mirrors Wall St.

Pro high frequency traders from Wall St. have been training noobs to be like them to create an ecosystem where the greed systems keeps on going.

They will use these noobs to crash Wall St for them.

Meanwhile they will always be a million steps ahead of you.

The federal reserve model has been injected with steroids and renamed "Bitcoin"

There is no "business model" in Bitcoin. There are high frequency traders and frequently pumped volumes... And there will be always more "knowledgeable" people trading. The federal reserve model you refer to wasn't the reason Bitcoin was created nor why it is used...

You are printing currency out of thin air and use "technology" to mask what it really is.

Out of thin air? What are 1,580,034,399 GH/s to you?

Wall St pyramid scheme being demolished in a controlled manner all while building new pyramid in parallel.

You have been fooled libertarians.

You know it.

They used your desire for something better and steered it back towards the old paradigm.

They baited you with riches and you took the bait.

You have been bought out.

You are sell outs.

You knew it when alt coin scene started breeding like a virus fueled by greed.

The old paradigm is trusting money to banks. Whoever does that here is their own problem.

I guess deep down inside you were all just banker wanna bes at heart.

No, thanks

[unamis76]

You are printing currency out of thin air and use "technology" to mask what it really is.

Out of thin air? What are 1,580,034,399 GH/s to you?

1,580,034,399 GH/s is a bunch of people promised wealth by a central idea.

If BTC is not worth "x" amount of dollars (which were also printed out of thin air) means GH/s = zero.

When you are priced in fiat out of thin air paper then by default you are a derivative of paper out of thin air.

Out if thin air masked behind technology.

GPUs used by engineers to run simulations.

Not a new technology.

That is called a gimmick.

Uneducated wide eyed noobs promised wealth get sold by salesmen very good at what they do.

Nobody was promised wealth. At least I do not remember reading about it in the whitepaper.

Bitcoin could be worth 1$ tomorrow, the ideas would be the same. If you think math and printing presses are no different, then you should read a bit more about mining.

After seeing these and your previous posts seems like you're regretting something Makes me remember this thread...


edit

"Goldman Sachs Admits Bitcoin is ‘Ideal Vehicle’ for Public Transactions"

https://news.bitcoin.com/goldman-sachs-bitcoin-ideal-public/

Bitcoin, however, has been deemed by some experts to be much more than a “new type of database technology.” In fact, it has been lauded for its potential to democratize finance, protect human rights, and even reduce violence.

Last time I checked one of the reasons for violence according to libertarians was central banking.

Now we cheer when they validate Bitcoin.

Well, I'm certainly glad you're not cheering banks and their opinions of Bitcoin

[killerjoegreece]

Bitcoin controlled by High Frequency Trading

[boopy265420]

Bitcoin's market works in same way as any other whether it of stock exchange or Forex everywhere big traders are seen controlling them.Bitcoin is also being used as tool of making money by these high frequency traders who are moving market as they want.There are huge ups and downs in prices since Chinese factor is involved recently.These type of radical changes in price are not healthier for Bitcoin in my opinion.

[yayayo]

We could post these articles all day as central banks wrap their tentacles around the Bitcoin ecosystem.

It's understandable that banks "wrap their tentacles" around Bitcoin, because Bitcoin is an imminent danger to their business model. However the fact that banks are involved in Bitcoin businesses does not necessarily mean that they control Bitcoin. All they control are the business dealings at their exchanges. So the claim that Bitcoin would be controlled by HF-trading is not correct.

Bitcoin as a decentralized network is working independently of the decisions by its users to buy or sell Bitcoin. Bitcoin HF-trading is only possible with Bitcoin IOUs, not with real Bitcoin. It's subject to the decision of the users if they accept Bitcoin IOUs as real Bitcoin or not. The quality of the IOUs will become apparent, as soon as users try to withdraw their funds from the exchanges...

ya.ya.yo!

[BillyBobZorton]

Well we can't do nothing about wall street demons printing money and playing with bitcoin price can we? So our only hope is that as more and more money comes in, manipulation will be way harder.

[Soros Shorts]

I'm curious, which Bitcoin exchanges are capable of supporting "high frequency trading"?