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/biz/ - Business & Finance

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4753454 No.4753454 [Reply] [Original]

what is the prospect for btc price after 18th december?

>> No.4753506

>>4753454

Really don't think anyone knows.

>> No.4753514

They are going to short the fuck out of it like retards and try to stop BTC. Of course, some Korean whale will buy it up and liquidate their positions. They think BTC is gold and silver.

>> No.4753534

>>4753454
some are saying it will dip a few days before with people pulling out their money to place it with CME.

which makes sense tbqh

>> No.4753538

>>4753454
I look forward to it, futures will probably smooth the volatility of the market desu.

>> No.4753566
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4753566

>>4753534
MFW when they get destroyed shorting it.

>> No.4753603
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4753603

hummm

>> No.4753727

>>4753514
that's not how shorting a cash-settled asset class works...nobody is trading the underlying.

>> No.4753770

>>4753727
They are making bets in cash that the price will a certain amount on a date. These assholes will have a much lower price than BTC is currently at now which aims to buy it and dump it thus shorting it.

>> No.4753772

dont even fucking bother trying to figure it out. just sell half your bitcoin and watch what happens

>> No.4753852

>>4753770

>These assholes will have a much lower price than BTC is currently at now which aims to buy it and dump it thus shorting it.

>which aims to buy it and dump it

So they're going to moon it, open short positions in their futures and then dump it?

If they don't already have an immense amount of coins, we'd see this happening from a mile away.

>> No.4753902

>>4753603

Also I barely ever see this kind of theory. Everyone thinks wall street is going to fuck it somehow with an attack while they are shorting it. Usually the theory goes they either use their power to expose shady exchange shit, causing them to tank, or they are already sitting with a big stash of coins and going to dump them.

>> No.4753924

>>4753852
>If they don't already have an immense amount of coins, we'd see this happening from a mile away.
You really think that billionaire Wall St types don't have loads of BTC. How naive are you?

The thing about BTC that works in our favor is that's it's world wide and how small amount of the asset it is. One whale on a buying spree in Korea could fuck all these asshole.

>> No.4754099

look.

hodl is not just a meme. its a weapon to fight.
the only people that will suffer are those who attempt to trade btc.
they can make the price fluctuate all they like, but if all youre doing is buying and holding, who the fuck is playing their game?
btc wasn't made by ancients who could not have predicted futures and derivatives. on the contrary.

>> No.4754265

All I hear is the fear about shorts.

I'd make a dip first, then buying futures at current market price, then call my korean friends to pump it.
Much easier and less risky than hoping for our honey badger to die