/biz/ - Business & Finance

All you "people" saying BTCUSD cannot fall below 6K or 5.8K due to the exchanges, miners, or CBOE and CMT Group wanting to keep up the price for futures trading need to start thinking like an industrialist. Imagine being in the industry as an exchange or miner and you have a bank with deep pockets backing you. You are working in a unregulated industry. You know your US industrial history. What do you do?

>Short crypto
>Short CBOE
>Short stocks heavily tied to crypto mining
>>https://www.fool.com/investing/2018/04/23/the-4-top-cryptocurrency-mining-stocks.aspx
>Do everything you can to drive the price down so other exchanges and miners cannot break even
>Keep the price down so they can never come back
>Buy the exchanges, CBOE shares, mining operations at a huge discount
>You and your bank become the new Rockefeller and Morgans of Crypto
>Everyone long on BTCUSD loses out of a fortune due to the 6k meme
>Weak hands lose the most

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