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/biz/ - Business & Finance

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15763208 No.15763208 [Reply] [Original]

Serious question...

Since CME and bakkt allows for shortselling of bitcoin, which is allowing ((Wallstreet)) to suppress the value of bitcoin (into oblivion) form now until forever, what are the REALISTIC odds that the people behind bitcoin (bitmain, and whoever else), just jumps ship over to bitcoin cash and BCH becomes the new "real" bitcoin?

>> No.15763256

>>15763208
It might be worth reading the whitepaper. Bitcoin cash is already the real bitcoin.

>> No.15763281

>>15763256
cool story, but you know exactly what I fucking mean, douchecanoe

>> No.15763334

>>15763281
You mean you want to flip the people's revolution of money into a greater slave role for yourself in fiat. I understand but maybe grow a spine instead.

>> No.15763357
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15763357

>>15763334
you have a behavioral disorder, don't you?

>> No.15763371

>>15763357
Probably but I'm not a slave and don't sell to fiat.

>> No.15763380

>>15763208
They can't suppress the price of bitcoin, because bitcoin whales and the chink exchanges and mining pools will have more money.
I doubt they will start burning billions of $ to match their bitcoin stacks.

>> No.15763404

>>15763380
>they

they who? motherfucker, you think bitcoin miners have more money than bankers? you think bankers aren't profiting from short selling the ever-loving FUCK out of bitcoin?

I was wrong about the behavioral disorder. It's a developmental disorder.

>> No.15763420

>>15763404
Lmao

>> No.15763428

>>15763371
explain how the FUCK BCH is fiat? This coming AFTER you called BCH the real bitcoin? Bruh, you're STOOOPPID stupid.

>> No.15763443

>>15763428
Lmao you’re so mad dude and responding to the wrong people. Very boomery of you. Big yikes.

>> No.15763451

>>15763208
Yeah, that 5 million in volume the first week, Wall Street is really all over Bakkt, isn't it?

>> No.15763479

>>15763451
>that 5 million in volume

is all it takes to shave 20 percent off the price in a couple of days

>> No.15763519
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15763519

can any anons without learning disabilities contribute to this conversation?

>> No.15763713

this board is useless

>> No.15763794

You are useless OP
Go take your retarded questions to >>>/adv/

>> No.15763900

>>15763794
I didn't know they turned in to a crypto board.

>> No.15764395
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15764395

bump

>> No.15764907

>>15763208
Futures trading does not suppress the price, it's a zero-sum betting game

>> No.15764920

>>15763256
Wrong. BSV is the real Bitcoin.

>> No.15765418

>>15763208
lmao
shorts do not suppress the value
in fact, they can be squeezed to violently raise the value
shorting an asset which is not regulated by anything is suicide, specially with leverage

>> No.15765436

>>15764907
this
you're betting against other gamblers
not only that, crypto exchanges are open 24/7 across the world with no day off.

>> No.15765813

>>15763208
you monkeys realise there's always someone on the other end of a derivatives position, right? Capacity to short means someone is equally longing before the contract settles.

>> No.15765922

Dont listen to the slaves, if the controller of a fiat currency wants to print up and throw away money they most certainly can suppress the price down for a temporary period.

there are a few bottlenecks if you work your way down from central bank to exchange, etc, but I've been off the opinion that whatever they want to fake, is faked, for the time being.

compliancy by the public is required tho

>> No.15765998

>>15763208
Cme is cash settled

Bakkt is physically settled

Look up what this means and how you can suppress the price with one and not with the other.

I won't spoonfeed you any more.

>> No.15766052

>>15764907
zero sum over what time period. suppression can happen for months or years

>> No.15766597

>>15765998
you're a fucking retard. you don't have to physically hold any commodity to short it. being able to short it means being able to create more selling pressure. more selling pressure means a bear market. period.

ARE WE FLIPPENING TO BCH OR WHAT YOU FUCKING ASPIES? DID ANY OF YOU EVEN UNDERSTAND THE FUCKING QUESTION??