/biz/ - Business & Finance

>>30113493
>>>infinite money supply provided by tether to keep shorting
that's not how shorting works

>>30113577
Explain Gamestop. BSV is hated by bankers, tether is in bed with bankers. Do the math.

>>30113637
You need to borrow the asset to short, not dollars/tether.

>>30113493
It will have its day in the near future fren. The community needs to learn to HODL and keep their coins off the exchanges — no liquidity = moon. This recent consolidation between $180-195 has been comfy as fuck though

>>30113812
Gamestop had over 100% of the available stock shorted, you think these guys play by the rules? lol fuck no.

>>30113935
Bsv is a coin that is actually being supressed

>>30114101
nope.
its just trash.

>>30113812
Cross collateral

>>30113812
They cheated and borrowed more than the available amount of GME in existence. There is far less oversight in crypto.

>>30114101
Correct it’s one of the most manipulated assets in the space alongside link and and is statistically the most shorted.
>just a little sustained buying pressure and we pop though
>>30114188
Faggot alert

>>30114239
You still need to borrow the asset. Sure they could be naked shorting but that still isn't about Tether.

>>30114196
That would need collusion with tether/bitfinex in which case they could just do naked shorts right away.

>>30113980
Crypto is completely different from stocks, nothing prevents a broker or clearing house from magicking fake shares to short out of thin air, and it's totally okay that they do that until they can't make up for it in real shares on the open market after they FTD. All BSV exists on a blockchain so there's no duplication shit going on.

>>30113935
I just want my day fren. Been holding since 2018

shut up and just run an OXEN node already. no one cares about your BSV crap no more

>4x as much short interest on BSV ($3.5b marketcap) as long interest on BTC ($1t marketcap)
Seems perfectly normal right?

>>30115766

>>30114534
that's now how blockchain works man. you can't know what goes on behind the closed doors of an exchange. The price is literally just an sql field, there's no oversite to ensure things are done by the books.

https://en.wikipedia.org/wiki/SegWit

>Segregated Witness was activated on 24 August 2017. The bitcoin price rose almost 50% in the week following SegWit's activation.[6] On 21 July 2017, bitcoin was trading at $2,748, up 52% from 14 July 2017's $1,835.

Once the network is crippled, they pump it.
I can just see the deal with the miners.
>If you support this fork we well pump the hell out of this coin and shill it on TV.
>对

>>30115766
>>30115809
Idk how much longer I can take this

>>30116225
It's a sick joke, anon.
https://en.wikipedia.org/wiki/Bitcoin_scalability_problem
BitCoin does scale, you can send BSV for under $0.001 right now... lol

>>30113493
Look here, Pajeet. You are shitting where I eat.

>>30113493
Good

>>30113980
>>30113637
Absolute fucking state of nubiz
These retards don't even understand what a fucking short is
fucking go back

>>30117710
nubiz? lol, bitch i've been on 4chan since 2003 and crypto since 2012.

>>30117710
eat my ass faggot

>>30115809
83023 BSV @ $189 per BSV = $15,691,437 short interest in BSV
1530 BTC @ $51300 per BTC = $78,489,000 short interest in BTC

BSV is THE most shorted asset on finex relative to longs and literally no one cares because there is zero demand. No one's buying this piece of shit. The value of it has gone down against THE DOLLAR since March 2020. The only holders are conspiracy theory nutjobs who buy into CSW's bull.
There's an occasional short squeeze and that's it. That's why your coin exists.

big cake is enq, that is what you should look at now
look at it and tell me that I am wrong
look at their pos and poa nodes, if you smart you will know everything

>>30119385
and you probably made absolutely dogshit returns cause you're too retarded to understand how a short works
thats why you showed the transaction and not your folio

>>30113493
>>30113493
>>30113493

>>30113493
it's literally a scam, that's why

>>30116225
why are you letting cultists bully you into holding a shit asset with huge opporunity costs? these people are morons who think cryptocurrency is about ligitation and lawyers instead of technology.

you could've made it so many times over since 2018 but you choose to hold this garbage shilled by a conman who has failed to sign the genesis block over and over again.. why? sunk costs?

>>30116398
wow a shit chain that nobody uses is cheap. amazing.

>>30120881
what if CSW is Satoshi?

>>30121276
He's not, but if he was it still wouldn't matter. Pretty clear consensus from the Kleiman lawsuit that he has no access to the coins. Every big wallet he claimed he had access to was either disproven (old Mt. Gox address etc.) or the actual owner of the wallet came out and signed a message declaring against him. Fucking hilarious.

>>30121751
He is :)

>>30121008
>bcash

>>30114534
Exchange transactions have nothing to do with the blockchain. Just like spot price of paper silver has nothing to do with actual supply/demand and thus price of silver.

>>30117710
Actual retard

>>30120881
It's not a theory that banks conspired to control BTC via Blockstream. It's far more ridiculous to believe they didn't at this point.

>>30123889
>most disruptive coins to government and banking are the most suppressed

Really made me think.

>>30113812
No you are a fkin newb dude. China keeps printing more usdt . They use usdt as a way to manipulate futures- (you use usdt to gamble w/ on crypto futures )
They liquidate traders on both sides of graph, and then when they are ready they moon the coin

>>30124071

>>30117710
You can short any coin on kucoin or binance jidf using usdt as collateral -

If this tether is corrupt it makes all of crypto FKED and corrupt (manipulated by CCP whales who no own the most USDT— because they have been manipulating crypto collectively for 4-5 years with trading bots etc

You have to be high IQ to understand how fked things are. Elon right now is trying to short bsv because the (((establishment))) doesn’t owl bsv- they all bought btc

>>30117710
>>30114426
You can short any coin on kucoin or binance, newfags; using usdt as collateral -

If this tether is corrupt it makes all of crypto FKED and corrupt (manipulated by CCP whales who now own the most USDT— [what do you think causes flash crashes : flash pumps- that are near impossible for human traders to predict/ react in time )
] because they have been manipulating crypto collectively for 4-5 years with trading bots etc

You have to be high IQ to understand how fked things are. Elon right now is trying to short bsv because the (((establishment))) doesn’t own bsv- they all bought btc

>>30125752
Eth goes from 300-2k, ltc from 40-220+, Bnb from 90-300+, link - 5-30, ORN 4-15+

EVEN DOGE HIT ATH- bsv only ran to $320s during this premature ccp- mandated bull run

All time highs all hit-

BuT not for BSV

>>30120881
Except if you actually look at the chart the Y axis is in USD. It literally says right at the top. So much for your "theory" (disinfo).

>>30125914
In 10 years only BSV will remain, everything else will go to zero. Dev's aren't going to build on shit coins that can't even scale or that have a constantly changing protocol.

>>30121008
I guarantee you Calvin is behind this bsv manipulation. Why did bch go to $4k randomly before ?

The bch fags have been ruining btc for years Now. Now that BTC is dead they are going after bsv

Bsv was HIGHER than bch prior to this China bull run-

Now bch is $500+ Nearly $300 more than BSV-

Fuck you Calvin Ayre

>>30126174
but no one cares about tech and fundamentals man. they just wanna gamble and pump price which unironically i want to do now. but its too late for that as always

Not to mention that finally bsv started to go green last night. “Peaked” at $193 before kucoin did a “maintenance update” on futures -

Then Crypto dropped

>>30121222
>wow a shit chain that nobody uses is cheap. amazing.
BSV=~300k daily transactions for $0.001 each
BTC=~300k daily transactions for $26 each
Tell me again how 20000 times lower transaction fees despite similar transaction volume is a "scam", shill.

>>30113493
I bought some cities on that gay 'city on chain' app a long time ago for fun and forgot about them. Lately I've been getting like 10-20 money button payments a day from this cities (vs nothing the entire time before now), so apparently there's some growing interestm

That said BSV is obviously total trash that will never be worth anything.