/biz/ - Business & Finance

Inb4 all of wallstreet gets tethered.

>>4820474
I will kek so fucking hard if that happens

>>4820434

>wallsteet gets all their boomer cuck investors to short
>insides go long
>tetherpump.exe
>wallstreet rakes in money, boomer cucks get liquidated and calls for crypto to be regulated so kikes can control it

Doesn't shorting involve buying, and hence increasing the price?

>OP doesnt realize theyre cash settled futures

ahahahahahahahahaha

>>4820434
If they want to do this, let them get burned. The normie hype pump has just started. This bubble will keep bubbling for a good long while.

PREDICTIONS OF BTC PRICE WHEN FUTURES START TRADING

Kek, I can't wait to see them try.

>Half of Wall Street shorts
>Half of them go long
NO SURVIVORS

>>4820434
OH SHITTT!!!!!!!!!

>wall street dinosaurs try to short BTC
>they get tether'd

>>4820531
This will actually happen.

>>4820565

$20k

>>4820534

there's no bitcoin involved in the futures just betting on the price. it does nothing to the actual bitcoin ecosystem however people can manipulate bitcoin price to profit on the futures

>>4820499
>>4820474
>inb4 the jew loses
I wouldn't bet on it guys

>>4820531
Honestly this. Boomers will get squeezed so easily, they don't wanna be on the losing side of a moon mission.

>>4820577
Like that's not going to be a vertical hydroponics farm. Dirt in space ... cmon.

>>4820531
I would probably be taken to a mental institution for not stopping laughing hysterically

>thinking Jews will lose against internet magical money

>>4820754
I'll enjoy watching you jump off a skyscraper, wall st. friendo.

>>4820638
Jews always lose. Their god hates them.

if you actually want to make crypto money discord.gg/JKNnVpZ

>tfw boomers and kikes get tethered

>>4820624
>people can manipulate bitcoin price
how? Doesn't that require vast amounts of money now BTC Market Cap is the same as the GDP of New Zealand?

They're so scared, look at how hard they want people to short and bet against bitcoin, they're going to be very disappointed.

This so so funny. I've been encouraging shorting bitcoin on many YouTube videos and Twitter. Doing my part to make this The Big Liquidation

>>4820878
>doesn't understand marketcap
>doesn't understand tether and wash trading
>TO DA MOON kek
this is going to so fucking funny

>>4820544
Was anybody really expecting settlement by delivery for these futures?

>>4820848

Implying there aren't insiders who know Bitfinex is about to get audited, setting BTC for a massive crash

You realize that at certain point people are just going to jump to Monero, right?

Watch how Bitfinex will become transparent once the shorts are in. They show their reserves are accurate and demand created the tethers.

They have a million ways to tether people.

>>4820754
>jews

They are old as fuck. Things are never going back to the way that they were. The times, they are a-changing. You can't fight progress.

The beauty of cryptocurrency is that we are the distributors, the platform and the delivery mechanism. We control the story. We control the flow. They feel like they've been treated unfairly? Put a pillow over that feeling and bear down down until it stops kicking.

We have the guns, we have the firepower. They have the swords and knives and stoneaxes. We fight, we win. We don't fight, we win. They die out either way. They are the passenger pidgeons and thylacines. Nobody cares about them. It's either going to be a bloodbath or we'll wait you out and get the whole thing without a fuss.

My message to them: don't fight.

>>4820434
Man, I am blow the fuck out. How will bitcoin ever recover?

>>4820914
>they all think this is completely and has never happened before
>it's just 10x bigger than last bubble
>like last time was 10x bigger than the one before it
>10 times more retirements tranferred
>oldfags are now 10x richer
>2 suicides last time
>will be 20

>>4820976
If there is a crash just because Bitfinex gets taken down, that's a great opportunity to buy. It will recover after a few weeks probably.

>>4820434
Reminder

>>4820987
This is what bitfinex has been doing since they started this tether scheme.

>Grandpa, where were you when the US economy collapsed?
>Sonny, that's how I made my fortune. Here, run down to the machine and buy Pop-pop another Bitsoda

>>4821055
Reminder you're gonna need large amounts of leverage to profit in a market collapse.

>>4820576
>smart money goes long on garbage vapor money that is already obsolete

>>4820474
>tethered
>>4820531
>>tetherpump.exe
>>4820597
>tether'd
>>4820848
>tethered

that's like what, a billion fake dollars so far?

>>4820534
shorting means you borrow and then agree to give it back at a later date, plus any dividends and fees. so you can borrow, cash it out, let the price drop, and then buy it back for less, give it back. you can also get raped badly if the security moons.

I've been trying to figure out how to buy put options on bitcoin, they're similar to shorting but with less risk- essentially you have the option later of selling it at a set price, so if it drops precipitously, you're not fucked anymore, but you can also just not execute the contract if the value increases.

>>4821039
>>>/r/ancapmemes

It's just means more people losing money on crypto which means more shitcoin pumps

>>4821032
Might take a bit longer because all the normies will be scared away.

For every rich man who wants to short BTC< many are waiting for dips to buy more. Did you see how quickly that dip to 10.9k got snatched up a few days ago? This game can be played both ways, shorters are going to get fucked anally.

>>4821166
implying bitfinex doesent lay out huge bait for the gramps at wallstreet
implying it wasnt their plan all along to fuck the wallstreet guys
bitfinex is in taiwan or somewhere like they care about US economy
you dont need a lot of tethers to liquidate shorts

>>4820848
What does tethered mean?

Also, its very common for hedge funds to actually being doing the opposite of what they say they're doing. They're the ones who are actually GETTING YOUR MONEY WHEN YOUR SHORT FAILS. Fucking kek.

>>4821279
>What does tethered mean?

The exchange bitfinex uses tether coin, supposedly "tethered" to the dollar 1:1. Problem is, they have around 800 million in circulation, where they can't possibly have 800 million dollars in cash laying around.

https://themarketmogul.com/814m-tether/

>>4820434
challenging the autists who made an orange man into U S President?

What could possibly go wrong? PLAY BALL

>>4821343

"Oguz Serdar, a USDT user who encountered issues when attempting to convert $1m USDT into dollars said he, regarding the company, “I don’t think they have even $100m or $200m in a legitimate country.” On declining his request, Tether told Serdar that “due to ongoing banking difficulties we are only able to process requests for verified corporate customers.” Serdar was unable to transfer his funds directly from USDT to dollars."

hahaha

>>4820434
Not really. First they need to say it will drop, they take all the money from peole beting it will and invest it in BTC. Making the price go up. Then when people start betting it will keep going up then they sell the BTC to tank it. Making more money to invest in more BTC. Ad infinitum until BTC = $1000000 each which is where it will stay. The only problem is that they will have a LOT of BTC and I won't. I will maybe be able to get 1btc but that will be enough I guess by the time they have had their wicked way with it. $20k by new years and maybe a plummet back to $15k after once the futures market shifts towards it going up and up. It is Christmas and a lot of new investors are coming. Christmas = family time and the spreading of information + Christmas money in many cases (not me, poor fag).
So invest in BTC, wait for the times when wallstreet dumps BTC on the market to flip thier futures and buy buy buy before they pump it back up again. The game is now rigged and it will not stop till it hits 1million minimum. Or we get to see mcaffy eat his own dick, so it is win-win really.

>>4821387
Look what happened after Thanksgiving and that was only the Americans who got together for the holidays. Christmas will be x1000.
Not to mention all the Bazingoids now investing in alts.

>>4821387
>Or we get to see mcaffy eat his own dick
I want this so bad that im not sure which i want more

>>4820531
yes, this will be the outcome. But who cares. As long as Biimers get fucked for the third time I'm happy. Hopefully tens of thousands of those cowards and fools will use the rope exit.

>>4820640
I suppose the whole thing is rotating for artificial gravity

>>4821420
IKR. It really is win-win. Even better if it gets to 900k a btc. I actually think the crazy bastard would do it too. He doesn't have too many years left and he would become an immortal legend for at least a thousand years if he did it. Even if it's as a figure of ridicule but I think that could go either way. He may get mad resp[ect for it, not like he will get much more use out of his dick anyway.

>>4820531
/thread

>>4820434
>boomers short Bitcoin
>crypto is too autistic to sell because of people shorting
>all the shorters get burned

>>4820434

This.

I've been trying to warn people that this "institutional money" meme is NOT a good thing for Bitcoin. Wall St has the money and the leverage to naked short this shit straight to hell. And they will.

>>4821637
so you telling us bitcoin will go to $8 again, very good, can't wait to load up on cheap coins

>>4820534
Not in this case. They will not buy Bitcoin, just bet against it's price. It will all be done using cash settlements, the hedge funds will not actually buy Bitcoin.

>>4821637
I don't get the bitching. I mean it's not like you can not short it yourself. Also, there's that weird rule of thumb: the market always fucks over dumb money. now, I know the crypto crowd definitely looks like a bunch of basement dwelling mouth breathers compared to even the most moronic wall street trader, but we're actually on the right side of history for once. The old financial system is dying. Even bloomberg moans and whines about it. (in 'appropriate' ways)

>>4820434
>20 per cent

brainlet here, what is shorting and how do you do it?

>>4821825
you know what they say: losses from shorting can be infinite.

>>4821892
https://www.investopedia.com/terms/s/shortselling.asp?ad=dirN&qo=investopediaSiteSearch&qsrc=0&o=40186

>>4821920
And where do you "borrow" cryptocurrency?

>>4820576
Initially they will only be allowed to short. We all know what's gon' happen if Tether keeps being printed and used to pump BTC's price. Baby boomers don't know shit and they are not used to losing anything. They had it easy their whole lives. They will get BAMBOOZLED and then they will cry for muh gubermint. We all have been fucked by Tether/Bitfinex and the exchange bots at some point, but we have a thick skin and we always recover (a life of rejection, cuckery, denial of freedom/happness and market manipulation have made many of us immune to psychological pain, but the Boomers will not handle losing so much money in one single big short). If the old crybabies feel like they got scammed somehow... CRYPTO IS FUCKED. THE DAY OF THE TETHERING DRAWS NEAR...

>>4821637
Lmfao no they won't you baboon! Do you know how many wall street investors have money in btc?

If Wall Street gets liquidated by fake internet money I will literally cream my pants.

>>4821637
It's future. Naked shorting means nothing.

lol @ tether shareholder equity being <$400,000 when there's $800,000,000 tethers circulating.

leveraged 2,000x, what's the big deal?

>>4822000
>mfw the banks fail again
>mfw the gubmint can't bail them out this time
>mfw NEETS become the bank

>>4821981
at exchanges. kraken, poloniex, bittrex, bitfinex, bitmex, ... among others.

>>4822000
trips of truth

>>4822000
>000 check'd and kek'd
PRAISE KEK! It's a sign... it's happening, guys. IT'S FUCKING HAPPENING

>>4820531
boomer investors don't usually short right?

>>4821013
Not with bitcoin though. Cockstream is owned by bildaburg.

>>4822117
Some boomer is arguing with me on YouTube saying "you can't short Bitcoin" and "that's not a true short" because it's not a derivative.

>>4820531
This is exactly what's about to happen

>>4822140
They will with all this MSM FUD. That is when Wallstreet futures market companies invest all the money they get from boomers shorting into BTC making it rise and them not have to pay out. Then when boomers start going long they can dump their newly accumulated BTC to short the market and they win again. rinse and repeat all the while making BTC go up and up in waves towards that 1million mark. This is 100% what will happen. First, they will dump what they have already accumulated in BTC once futures open to prime the market. So be prepared for it to dump back to $8k maybe or something once they open.

>>4821282
>>4821248
Read these posts anons ITT. Set a stop loss order in case BTC does actually dip in price by a lot, but don't give up your BTC so early.

>>4820434
If dubs, crypto will crash and die on the next 3 years

>not buying waiting for 10th
>its literally happening already
should i just pour everything into xmr instead or should i wait it out in fiat and go in after dust has settled?

>>4822244
Oh shit. Kek wills it!

>>4822185
>arguing on youtube

it's btw the other way around unless he's selling a derivate he doesn't own himself.

>>4820434
All I want is the catalog to be entirely pink wojaks

>>4821637
ehh just because you can naked short doesn't make it a big deal. It provides liquidity. Also leveraged naked shorting means that they can be squeezed out of a position.

>>4821682
boner for this timeline

>they all short
>greedy crypto ecosystem keeps on pumping as usual
>they get liquidated

Can't wait

>>4822314
>they just kill tether with FUD and cash out
>no dude they are gonna get tether pumped lmao
its not like its hard, especially when you know tether is a scam already

>>4820434

All memes and speculation aside, how much of your own money would you pay just to be witness to a bank pink wojaking? Forget what will or won't happen, how amazing would it be to see an actual big bank attempt to short BTC with leverage and literally get JUST'd into bankruptcy by some crazy event like Chinese gov announcing they will be buying bitcoin as a national reserve.

Imagine what would happen if a bunch of crypto autists actually bankrupt a bank. The butthurt would make the 2016 election look like a splinter.

Idk if it will happen but I can dream.

Oh look, we're prepping the FUD for the next dip. Make sure to buy a shit ton this time, guys. It's getting more and more predictable each time.

>>4822375

that level butthurt can lead to war- be careful

>>4820434
I've been saying this ever since the CME showed interest, (((wall street))) is only interested in quick money, Short selling is the best way to do this.

pic related who owns all the tokens?, it isn't us

>>4821013
fucking idiots like you think your in control, look at the guys running the exchanges - the goddam bitfinex ceo Phil Potter is an ex Morgan Stanley derivatives trader from Yale

>tfw convinced my mom to sink $20k in btc instead of this futures garbage

>>4820434
>Betting against bitcoin ever

I would love to see wall street try this but i dont think they will. They know just as much as we do that bitcoin isnt going anywhere but up.
They are just trying to reduce confidence among normies.

BTC will be $25k next year, cap this

>>4820434
Oy vey that’s right you bad goyim! How dare you not put money in the banks!

dubs = 100k BTC in 2018
not dubs = 5k BTC in 2018

>>4822481
>goes full on purple wojak in 4 days
how are you going to explain to your mom why she lost her money?

>>4822503
Dubs and BTC crashes

>>4822244
Oh fuck, I have to plan accordingly.

its literally started lmao
all the exchanges reviews flooding with 1 stars and calling them scams
holy fuck this is mt gox part3

so how much longer do we have to make profits before everything becomes regulated and the government gets involved? 6 months?

>>4822185
>arguing with a boomer about crypto
They're all bitter nocoiners and of course they'll say, "That's not a REAL short", because even though they FUD BTC all day they don't actually have the balls to short it. The few that do out of an emotional need to be right about "fake internet money" being right will lose their shirt and I won't be able to stop laughing for a decade.

>>4820640
>Dirt in space
Actually it does make sense to have dirt in space from a human perspective, but yeah not for farming.

>>4822122
>22
DUBS CONFIRM

>>4822599
Gov is full of the dumbest fucking idiot boomers on earth. We have at least 5 years. Probably more.

>>4822748
>implying Congress isn't impulsive with sticking it's hands in things it doesn't understand
>implying that they won't just pass some ham-handed legislation regulating crypto just to put geriatric likely voters at ease
>implying implications

We're fucked after 2019 desu

>>4820640
One puncture by a meteoroid and the entire thing gets sucked vacuus like a freak pool drain accident victim.

>>4822599
The US government does not work that quickly.

Now that I think about it, the best way to keep BTC from getting regulated would be to make it a political issue. If we can trick one party into supporting regulation, the other party would likely take the opposite stance. Leading to gridlock and no actual change.

>>4821682

I'll set up my own lightning network master node.

>>4820434
>>4820434
>>4820434
>>4820434

Dear everybody that posted in this thread.

Welcome to idiocy.

The headline quote here was actually posted by a Bitcoin investor, who said something to the effect of "there are people out there who see Bitcoin as one of the best investments, like I do, and then there are those who see it as one of the greatest shorting opportunities ever".


It isn't one of the greatest shorting opportunities ever. The greatest shorting opportunities ever are when you have insider information on companies, and have the ability to manipulate prices on small cap stocks easily.

These don't apply to Bitcoin. It isn't an easy or safe short because not only has the price increased massively, but nobody knows exactly where the fuck the "top" is, and shorting into a bull market is a retarded idea in any case, especially when you are dealing with a new asset class that has comparatively little investing research.

That said, there could be a retarded panic, but futures will not have any long term effect on Bitcoin. In fact the worst you can expect is a very good buying opportunity if you are in cash, or a boring dip like many previous ones in Bitcoin before continuing on its exponential trajectory of absorbing the capital of competing assets within its class (bye bye gold).

Futures won't do shit.

>>4820640
It’s obviously a curved structure that can rotate you absolute fucking brainlet

Wallstreet won't get tethered. The tether pumps are soon over.
Bitfinex is exiting. >>4822077

>>4823700
so after 1100% increase you dont think we've seen the top of this bull run?

>>4822509
Should I be holding cash before this?

SHOULD I HODL OR CASH OUT BEFORE THE CME

>>4820531
Yup

>>4820434
sould we tell them about tether ?

>>4823794
Stop shilling this bullshit, it's annoying.

>>4823700
>BTC will keep rising forever with no correction

futures will short BTC, it will flash crash,that will be the correction.

BTC rose with basically NO support lol. its fucked as soon as it starts going down. huge correction, will eventually surpass ATH tho

>>4820531
Kikes are already controlling it. It's called Blockstream.

>>4821343
So whats the plan for when futures are enabled? Is everyone buying tethers to survive whatever may happen? What if the proce actually skyrockets because everydad and their dad are actually going long?

>>4821013
>Coincucks actually believe this
>This is your brain on anarchy

I can name 10 ways to cripple BTC right now.

- Government moves in to regulate, adds corporate gains tax (in progress already)
- BTC banned, so you simply can't cash out (happening in few countries)
- Big bagholders sell their BTC together and crash the plane with no survivors
- Cryptocats-tier bullshit to clog the networks
- BTC exchanges go belly up and declare that they simply lost $500 million worth of BTC (Has happened before, will happen again)

Enjoy the ride coincucks

>>4820434
>every normie gets into BTC after talking with it over Christmas get-togethers
Same thing happened over Thanksgiving and it's x2 in price since. Go ahead and short, Shlomo.

>boomer faggots think the paper scheme they run in commodities will work in crypto
>get called to deliver
>oh shit

>jews fear the samurai

Thank you Satoshi.

>>4822244
oh no... trip and dubs... let me dump now senpai

>>4824575
How will thether actually play into this?

>>4824706
Hi Bitfinex

Also, no. People need to know. The Goxening 2 is happening Right Now.

>>4822476
Address does not correspond to wallet, or even user.

Trump will announce rules on crypto that will outlaw what bitfinex is doing on tether.

Wall Street has tentacles throughout Washington. You've gotta be retarded if you think shitcoins exchanges can outsmart it.

>>4820531
It's most likely what will happen, can't wait to see boomers being abused by shitskins in retirement homes.

>>4825245
Trump is also antiregulation and will let the free market operate how it will unless it undermines his own businesses or ability to make money.

>>4822140
They will if the Talmudvision tells them to.

>>4825245
>Trump announcing anything on a $300bn industry versus a $10 Trillion industry

Nice joke retard

>>4820434
>coming for your gainz

>>4823457
Hi! I’m from /pol/, I thought I’d share some of my experience with autist politixal analysis of advanced government politics and say: this shit won’t work.

>Boomers trying to use Coinbase

I'm gonna buy the dip.

>>4827409
You're gonna be buying a lot of dips

>>4820474

>>4820534
it means borrowing and immediately selling

>>4824759
you forgot the main reason
>all these FOMO retards realize BTC cannot be used for anything due to its limitations
>cant cash out without taking a bullet to the face
>scramble to alts

These people don't seem to understand crypto is an inevitability. Did they really think they were going to control the transfer of value forever, in the age of the internet?

1QLY NdoLf7PVdgHo3CGH5YH1YvM6HNBCoM

Can someone send me 0.0005? I’m just that much short for a buttplug I want

>>4823700
It's easy as fuck to manipulate crypto prices though.

If it's a small cap coin, then it's just play money for the big players. If it's the top coins, you just have to partner with an exchange. Look at how easily Bitfinex pumped BTC.

>>4820434
>based autists collude to get whales to HODL btc with iron hands
>boomers get short squeezed
>price spikes
>dump all over boomers dumb faces

>>4820434
lmao! fucked! shorting btc into the ground! wouldn't make them any money! lmfao! it'd be in their best interest! LMAO!

>>4820531
>calls for crypto to be regulated so kikes can control it
i appreciate /biz/ for the many lulz i've had. but don't for a second pretend to imply you faggots know anything about how crypto works.

Im so sure the institutional investors and analysts are telling the public the truth

>>4822503
BTC will be 25k by friday

>>4820434
cant be shorted if you dont sell

This is fucking interesting. Are ((they)) behind bitfinex after all? That could possibly destroy btc. Fool boomers to short, ((they)) go long. Tetherdate shorts, pump btc. Boomers and neets fomo into btc and long futures (only boomers), ((they)) go short. Exit btc for fiat.

>>4820434
>bought 1BTC at 3.5k
>fucked
My friend, it can drop like a rock and I will still be good.

>>4830005

>ever investing in unregulated markets

Qualified financial adviser here. You are all tiny minnows about to get swallowed by killer whales. And there is NO legal protection if you get anally violated.

Only play with money that you feel comfortable losing. It could be tomorrow, it could be two years time, but this crypto market WILL be manipulated to your detriment. And once widespread fraud is uncovered and market integrity is lost, you wont be able to sell at ANY price.

Ignore this warning at your peril.

>>4820434
>they really think it will be just like 2008 when the fraudulent sub prime system collapsed

>>4830036

same. and they can short it all they want, doesn't change the number of bitcoins I have.

>>4820474
This is splendid. Bitcoin being a trojan to wallstreet.

>>4830154
>regulation
lolololololol
Stop being a salty nocoiner

>>4830174
yea only that nobody will care about your bitcoins after that. ever again. it's just hyped at the moment so people actually buy and fill those shorts which is necessary in the first place.

What So you think happens to for example ethereum if btc takes a tumble? The value of blockchain technology seems to be somewhat alarmingly tied to btc. I've made myself believe btc goes down and bitfinex=wall street

>>4820544
this

>>4820926

Well if they want it to have any actual impact on the true bitcoin exchange price, then yeah. There will be a huge price divergence imo.

Bitcoin: $0000 - $1000: 1789 days * * * $5000- $6000: 8 days $6000- $7000: 13 days $7000- $8000: 14 days $8000- $9000: 9 days $9000-$10000: 2 days $10000-$11000: 1 day $11000-$12000: 6 days $12,000-$13,000: 17 hours $13,000-$14,000: 3 hours

>>4830154
>but this crypto market WILL be manipulated to your detriment.

>be evil banker
>"I will manipulate the market so that when people think it's going to go up it will go down and vice-versa"
>don't know that /biz/ philosophy is to buy high sell low
>accidentally manipulate /biz/ into success

>>4820474

what do you mean by teathered

>>4822222

The blockchain is more brilliant than anything any of these guys have ever conceived of. All they know is how to manipulate markets and people but for once a market is beyond them.

This is going to be amazing.

I have 0 BTC or any crypto. Would it be wise to wait for this supposed shitshow? I don't feel comfortable buying in the middle of this huge fucking rally. Unfortunately I wasn't paying attention when BTC was much less expensive.

>>4822113
Just a couple more years brethren

>>4821039
<3

>>4830154

Typically financial advisers use the word “certified”, not qualified... CFA or CFP. I know this bc I worked in the financial industry and not once in all my years did I hear someone say they were a qualified financial adviser.

Nice Larp