Blackadderrr
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December 09, 2017, 10:52:48 PM |
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Currently there is not adequate methods to bet on both sides of bitcoin. But this is all changing starting on December 10th, 2017!!!! The downfall has already begun B) Wallstreet is about to collude and drive the price of bitcoin to the ground. 400+ Billion USD is the amount of profits that are up for grab by shorting bitcoin and altcoins. Wallstreet thrives when the USD $ is strong. They also thrive using questionable practices of collusion and market manipulation. Theres no way they are going to let crypto currency get in the way of their profits. There is also 0 chance that 99% of the world is going to agree to adopt a currency that has inflated 15,000% by the first 1% to adopt it. Crypto will certainly crash before the remaining 99% of the world population agree to get scammed by the intial 1% of investors. Wallstreet agreed to add options for crypto because it is in their best interest to create a way to short. They will also collect huge on Fees. The smartest players who drove prices will start to cash in, and then bet on the downfall. Everyone is going to be scrambling to collect in on this 400 Billion USD that was generated off, essentially, a Ponzi Scheme. You can certainly make a lot of money off a Ponzi Scheme as long as the next guy in line continues to buy into the hype. Institutional investors are about to make tons of money off options. Financial leverage is one of the biggest benefits of trading options. I predict the downslope will be as sharp as the rise. Good luck, invest responsibly You're acting as if 99% of the world used their brains. They don't. Which is almost always why they're in the 99% in the first place. Also, if you believe that Bitcoin is a ponzi you're either a clown, or a FUDster who's trying to pick up coins at a discount. Good luck with that. I don't understand why people are so terrified to grow some balls, be honest, and just admit that it's all a Ponzi. Where I grew up many people made their incomes being involved with Ponzi schemes...not as organizers/operators but rather people that knew to get in early and get out early. They never lost money. It was the HODL mentality that always lost everything. You are the clown for ignoring the reality. When someone pools their money with others into a system that produces no interest earnings, goods, services, or especially pay dividends....it's a Ponzi. Don't be part of the 99%...be honest and use your brain. Call it what it is...since it is what it is. That said, get out now...ride the futures to the downside, and then buyback when there is blood in the streets. I found this on your website: "I believe that our most powerful asset as modern Asian girls is the freedom of our minds and the power of the internet." You know that Bitcoin stands for freedom of our money with the power of the internet, right? Stop wasting your and our time. You clearly haven't done any due diligence.
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Realist247
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December 09, 2017, 10:58:57 PM |
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Currently there is not adequate methods to bet on both sides of bitcoin. But this is all changing starting on December 10th, 2017!!!! The downfall has already begun B) Wallstreet is about to collude and drive the price of bitcoin to the ground. 400+ Billion USD is the amount of profits that are up for grab by shorting bitcoin and altcoins. Wallstreet thrives when the USD $ is strong. They also thrive using questionable practices of collusion and market manipulation. Theres no way they are going to let crypto currency get in the way of their profits. There is also 0 chance that 99% of the world is going to agree to adopt a currency that has inflated 15,000% by the first 1% to adopt it. Crypto will certainly crash before the remaining 99% of the world population agree to get scammed by the intial 1% of investors. Wallstreet agreed to add options for crypto because it is in their best interest to create a way to short. They will also collect huge on Fees. The smartest players who drove prices will start to cash in, and then bet on the downfall. Everyone is going to be scrambling to collect in on this 400 Billion USD that was generated off, essentially, a Ponzi Scheme. You can certainly make a lot of money off a Ponzi Scheme as long as the next guy in line continues to buy into the hype. Institutional investors are about to make tons of money off options. Financial leverage is one of the biggest benefits of trading options. I predict the downslope will be as sharp as the rise. Good luck, invest responsibly You're acting as if 99% of the world used their brains. They don't. Which is almost always why they're in the 99% in the first place. Also, if you believe that Bitcoin is a ponzi you're either a clown, or a FUDster who's trying to pick up coins at a discount. Good luck with that. I don't understand why people are so terrified to grow some balls, be honest, and just admit that it's all a Ponzi. Where I grew up many people made their incomes being involved with Ponzi schemes...not as organizers/operators but rather people that knew to get in early and get out early. They never lost money. It was the HODL mentality that always lost everything. You are the clown for ignoring the reality. When someone pools their money with others into a system that produces no interest earnings, goods, services, or especially pay dividends....it's a Ponzi. Don't be part of the 99%...be honest and use your brain. Call it what it is...since it is what it is. That said, get out now...ride the futures to the downside, and then buyback when there is blood in the streets. I found this on your website: "I believe that our most powerful asset as modern Asian girls is the freedom of our minds and the power of the internet." You know that Bitcoin stands for freedom of our money with the power of the internet, right? Stop wasting your and our time. You clearly haven't done any due diligence. I've been following BTC since 2011. I happen believe in certain alt-coins for the long term so in the spirit of truly free markets we agree...swallow that truth first. I follow this forum since it's good to have a finger on the pulse of what the dumb money is doing...especially at this point. Just because I am honest and you are clearly full of shit or just stupid and cannot see the obvious reality...plus you have an enormous barely literate troll army that has your back (while I do not) doesn't mean that I am not allowed to speak my mind.
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Walrus1
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December 09, 2017, 11:18:47 PM |
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I think you are getting the dynamics wrong. Yes, shorting bitcoin might be profitable, but only if the price falls as well. So for Wall Street whales to profit from going short on bitcoin, it means that they need to also get for it's price to fall, and in order to do that, they need to sell BTC. Do they have BTC already? Maybe they do, and maybe that's why we saw the price of BTC increasing like crazy, but maybe that was just legit adoption. So if Wall Street whales don't have BTC, they have no control over it's real price, so they will take huge risks by going short on BTC.
To be honest, I think they already hold some BTC, and they will short and sell BTC at the same time, and they will win from both sides. But the thing is, why stop there? They can then go long on bitcoin, and buy some coins to make the price increase, and again will profit from both sides. I don't think they will destroy crypto. They will do what they do best, they will collect huge profits with crypto, and they have a lot to gain with it's existence.
funny thing is the futures market does not need to buy one Bitcoin to do budiness, it's all on contracts. They may buy some to hedge but they can operate long and short without holding any Bitcoin
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ladydark
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December 09, 2017, 11:22:21 PM |
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These futures contracts aren't being transacted over the Bitcoin Blockchain. These contracts are bets about future prices, they don't actually require anyone to buy and/or sell Bitcoin for each contract. The Bitcoin price isn't going to go crazy each day. There are currently futures contracts on oil, gas, pigs, coffee, oranges, soy beans. Are the value of these items going crazy each week? No.
That's really a good point.I think it would make clear those minds who are still confused about whether bitcoin futures would affect the bitcoin price positively or negatively.Even i was afraid of that thing and about the future of bitcoin.As said,bitcoin futures and blockchain will travel in separate tracks without disturbing both.
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SamReomo
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December 09, 2017, 11:34:29 PM |
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You are still living in the age of Vintage movies buddy. Bitcoin isn't any kind of ponzi scheme. It's the new form of currency of this digital age and coming ages. Those 1% who back then invested in the Bitcoin knew its features and were very sure about its importance and value in those time, but unfortunately you haven't understand Bitcoin till this day. How can you even think Bitcoin as a ponzi scheme without knowing anything about it. Look man Bitcoin is the new revolution and crypto-currencies will be the feature of almost all the businesses in next few years. I would recommend you to learn more about Bitcoin and crytos in general before posing such kind of non-sense topics. It would really be the best decision for you, and you should also try to bear in your mind that within few years the Bitcoin will reach millions.
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ShortCoins (OP)
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December 09, 2017, 11:46:35 PM |
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I believe crypto is the future of the monetary system.
I also think shorting bitcoin is smartest move right now for the reasons outlined in this thread.
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UsernameBitcoin
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December 09, 2017, 11:59:07 PM |
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I think my trading days with cryptocurrencies are over after I learned the hard way that it isn't easy to do and the market is too volatile to take chances when buying and holding has already proven over and over again to be a superior method.
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ShortCoins (OP)
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December 10, 2017, 12:04:18 AM |
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Hehe volatile markets are exactly what produces profit for day traders though.
If markets weren't volatile there would be no swings. Each swing represents profit regardless of direction
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jakezyrus
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December 10, 2017, 12:14:24 AM |
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I think my trading days with cryptocurrencies are over after I learned the hard way that it isn't easy to do and the market is too volatile to take chances when buying and holding has already proven over and over again to be a superior method.
hard way are always rewarding and much better than an easy way with only less to limited profits , in other words trading is still the best to earn a descent amount of income although it is much harder and more riskier than simple investing and hodling but you cant really earn that much on just hoarding your coins beacuse your eanings are only based on the movements of bitcoins and this is the reason that limits your gains. altcoins arent really that volatile but bitcoin is. being volatile is infact good and benificial because we humans can possibly earn an income because of it and the reason why cryptocurencies are volatile it is because it is decentralized therfor no one holds and controls the market and people can freely buy or sell it resulting for it to bloat and pump.
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ShortCoins (OP)
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December 10, 2017, 01:17:52 AM |
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Who else is going to short BTC?
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ShortCoins (OP)
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December 10, 2017, 02:24:02 AM |
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Tomorrow is going to be crazy.
I wonder what the shorts vs longs will long like?
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ShortCoins (OP)
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December 10, 2017, 03:12:55 AM |
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Looks like the pricing is dropping already in anticipation of the shorts tomorrow ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif)
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Irvinn
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December 10, 2017, 08:08:28 AM |
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I think that now a sharp drop in the bitcoin rate will not happen. Bitcoin for a while will still show its volatility and will grow in its value further. We are waiting for eight months ahead of bitokoin for the next month and this can not but affect the increase of its growth. In addition, in recent days there has been a good improvement bitcoin, in fact, its main shortcomings with scalability are removed. For bitkoyina there are no barriers for further growth.
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Stingray1970
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December 10, 2017, 08:12:35 AM |
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Remarkable that all of these newbies advocate selling your bitcoins, don't you think ?
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bitfools
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December 10, 2017, 08:20:34 AM |
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Well said Realist247
The Truth Teller in these situations is always the black-sheep. Nobody is even mentioning that Goldman-Sachs is the OWNER of this new CME OP, that tell's all u need to know same as LIBOR, they just want to control the price, to protect the US Dollar. What of BTC? Just a bunch of GEEKS circle-jerking and driving up the price, and idiot day-traders enjoying the ride, well now its all down hill, BOTD is now a quick way to go broke, .. HODL is fine if U got your btc for free, by mining, Hell when I go to coinmarket to see a price there it is all u need to know "BUY BITCOIN TODAY WITH YOUR CREDIT CARD"
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bitfools
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December 10, 2017, 08:24:26 AM |
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I think that now a sharp drop in the bitcoin rate will not happen. Bitcoin for a while will still show its volatility and will grow in its value further. We are waiting for eight months ahead of bitokoin for the next month and this can not but affect the increase of its growth. In addition, in recent days there has been a good improvement bitcoin, in fact, its main shortcomings with scalability are removed. For bitkoyina there are no barriers for further growth.
Normal 10-20%, now we just had a -30%, is this your new normal? BIG players & Gov want OUT, major holders since 2013 want an exit, lots of BTC billionaires, have been HODL'ing since 2013, but now everybody knows that its game-over. Smart Guys are going to be those said "I cashed out before it was all gone" GOV is going to destroy BTC with regulation once ppl get hurt and start complaining about losing all their money on BTC's bought with credit cards, and 2nd mtgs on their house.
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Duogembrot
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December 10, 2017, 08:30:14 AM |
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Currently there is not adequate methods to bet on both sides of bitcoin. But this is all changing starting on December 10th, 2017!!!! The downfall has already begun B) Wallstreet is about to collude and drive the price of bitcoin to the ground. 400+ Billion USD is the amount of profits that are up for grab by shorting bitcoin and altcoins. Wallstreet thrives when the USD $ is strong. They also thrive using questionable practices of collusion and market manipulation. Theres no way they are going to let crypto currency get in the way of their profits. There is also 0 chance that 99% of the world is going to agree to adopt a currency that has inflated 15,000% by the first 1% to adopt it. Crypto will certainly crash before the remaining 99% of the world population agree to get scammed by the intial 1% of investors. Wallstreet agreed to add options for crypto because it is in their best interest to create a way to short. They will also collect huge on Fees. The smartest players who drove prices will start to cash in, and then bet on the downfall. Everyone is going to be scrambling to collect in on this 400 Billion USD that was generated off, essentially, a Ponzi Scheme. You can certainly make a lot of money off a Ponzi Scheme as long as the next guy in line continues to buy into the hype. Institutional investors are about to make tons of money off options. Financial leverage is one of the biggest benefits of trading options. I predict the downslope will be as sharp as the rise. Good luck, invest responsibly it seems that if bitcoin is used for short-term play it will be a great loss, it is better to play bitcoin for long term it is more profitable if you want to play short term you can play altcoin available at cheap price.
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BTCMILLIONAIRE
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December 10, 2017, 07:08:50 PM |
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Currently there is not adequate methods to bet on both sides of bitcoin. But this is all changing starting on December 10th, 2017!!!! The downfall has already begun B) Wallstreet is about to collude and drive the price of bitcoin to the ground. 400+ Billion USD is the amount of profits that are up for grab by shorting bitcoin and altcoins. Wallstreet thrives when the USD $ is strong. They also thrive using questionable practices of collusion and market manipulation. Theres no way they are going to let crypto currency get in the way of their profits. There is also 0 chance that 99% of the world is going to agree to adopt a currency that has inflated 15,000% by the first 1% to adopt it. Crypto will certainly crash before the remaining 99% of the world population agree to get scammed by the intial 1% of investors. Wallstreet agreed to add options for crypto because it is in their best interest to create a way to short. They will also collect huge on Fees. The smartest players who drove prices will start to cash in, and then bet on the downfall. Everyone is going to be scrambling to collect in on this 400 Billion USD that was generated off, essentially, a Ponzi Scheme. You can certainly make a lot of money off a Ponzi Scheme as long as the next guy in line continues to buy into the hype. Institutional investors are about to make tons of money off options. Financial leverage is one of the biggest benefits of trading options. I predict the downslope will be as sharp as the rise. Good luck, invest responsibly You're acting as if 99% of the world used their brains. They don't. Which is almost always why they're in the 99% in the first place. Also, if you believe that Bitcoin is a ponzi you're either a clown, or a FUDster who's trying to pick up coins at a discount. Good luck with that. I don't understand why people are so terrified to grow some balls, be honest, and just admit that it's all a Ponzi. Where I grew up many people made their incomes being involved with Ponzi schemes...not as organizers/operators but rather people that knew to get in early and get out early. They never lost money. It was the HODL mentality that always lost everything. You are the clown for ignoring the reality. When someone pools their money with others into a system that produces no interest earnings, goods, services, or especially pay dividends....it's a Ponzi. Don't be part of the 99%...be honest and use your brain. Call it what it is...since it is what it is. That said, get out now...ride the futures to the downside, and then buyback when there is blood in the streets. I found this on your website: "I believe that our most powerful asset as modern Asian girls is the freedom of our minds and the power of the internet." You know that Bitcoin stands for freedom of our money with the power of the internet, right? Stop wasting your and our time. You clearly haven't done any due diligence. I've been following BTC since 2011. I happen believe in certain alt-coins for the long term so in the spirit of truly free markets we agree...swallow that truth first. I follow this forum since it's good to have a finger on the pulse of what the dumb money is doing...especially at this point. Just because I am honest and you are clearly full of shit or just stupid and cannot see the obvious reality...plus you have an enormous barely literate troll army that has your back (while I do not) doesn't mean that I am not allowed to speak my mind. You obviously don't know jackshit about economics, finance, or even business. But anyways, enjoy getting out early and forgetting to get back in for the post-pop grind.
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Pidgeon
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December 10, 2017, 07:10:01 PM |
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How is that shorting coming up? Bankrupt already?
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This was a space meant for something intelligent to be written!
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NiceSoft12
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December 10, 2017, 07:22:21 PM |
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facepalm.jpg
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