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/biz/ - Business & Finance

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File: 344 KB, 1279x800, Arthur-Hayes-Bitmex-v3.png [View same] [iqdb] [saucenao] [google]
21918933 No.21918933 [Reply] [Original]

"But Q4 is going to be a humdinger."

what does he mean by this? is this bullish or bearish for BTC in Q4?

https://blog.bitmex.com/dreams-of-a-peasant/

>> No.21918983

>>21918933
>is this bullish or bearish for BTC in Q4?
I think you missed the point. He runs the highest volume btc casino and makes money if it goes up or down. He literally couldn't give a shit as long as there is volume, which i'm guessing there will be plenty of immediately after the US general election.

He meant Q4 will be a humdinger for his personal bank account.

>> No.21919113

>>21918983
what does humdinger mean?

>> No.21919143
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21919143

>>21918933
Lol whole article is defi and yeld farming bullcase kek wtf is going on
Also he talks of btc and eth as equals what happend to double digit shitcoin and timeline is this?????????????

>> No.21919445

>>21919113
learn to use the internet
but it's reallllly bullish

>> No.21919463

>>21919143
He bought your bags at 80$

>> No.21919464

>>21918933
>humdinger
wew the only person ive heard use this word is my dad
>>21919113
absolutely hectic, in this case it could swing either way

>> No.21919494
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21919494

>>21918933
Is ETH not a DOUBLE DIGIT SHITCOIN anymore? Why is he talking about the Ethereum ecosystem positively?

>> No.21919537

Be honest /biz/, he is easily the most based man in crypto
He's rigged the whole game, but only degenerate gamblers ever pay the price

>> No.21919553

>>21919494
He keeps buying ERC tokens now, it's hilarious how he changed his stance

>> No.21919636

>>21918933
he's been pretty good with his calls
i just need my shitcoins to moon
to convert back to BTC before it moons to $1M

>> No.21919653

>>21918933
Who the fuck is this nigger

>> No.21919655

>>21919553
Has it ever occurred to you that the man whose worth comes from liquidating noobs public stance and private stance may be contradictory for personal gain?

>> No.21919713

What the fuck is a humdinger

>> No.21919722

>>21918933
I dont trust anything to do with this nigger.

Also if CZ endorses something, I steer very clear of it because only bottom feeding cattle would be so stupid to jump on board what comes out that chinks fucking mouth.

>> No.21919812

>>21919655
You do understand money from liquidating goes to toher side of bet lol?
And he makes money if you get rich or get liquidated literally in same %

LOL

>> No.21919833

>>21919812
Oh an actual retard! Too dumb to actually read the documentation of the exchange he trades on. I’ll give you a hint, Bitmex Insurance fund. Holds over 30K BTC, i’ll let you figure out how that happens, idiot.

>> No.21919874

>>21919833
based retard

>> No.21919911

>>21919812
actual mongoloid spotted

>> No.21919940

He should be jailed for insider trading and market manipulation

>> No.21919958

>>21919143
I'm still waiting for $50

>> No.21919966

who cares what he thinks he was flat out wrong about btc crashing more in april

>> No.21919990

>>21919833
The insurance fund take a small percentage of liquidations to protect against a liquidity squeeze in the event of catastrophic market activity. It’s really not a big deal, maybe they could reduce the percentage slightly but I bet it is as close to balance as it could be. If you are getting liquidated it’s your own fault anyway.

>> No.21919997

>>21919812
>another retard poster
this is bullish

>> No.21920039

>>21919990
I think you misunderstood me, I was merely pointing out that Bitmex makes a lot of money off liquidations. I don’t margin trade much and if I do its no more than 3x. Margin trading is like entering a race against Usain Bolt and expecting to win, absolutely braindead to do if you are a retail

>> No.21920055

>>21919966
arthur is never wrong. bitmex is THE market controllers. they have 400k - 1,1m bitcoin in possession. Whatever arthur says, he says to create liquidity and benefit bitmex.
He says 50k eoy in 2018, wops it went to 3k.
He says eth double digit shitcoin, opsi daisy it went to 80usd
He tweets about a bitcoin price - daily top is in
He says bullmarket has begun - everybody shorts
He says buy the dip - it fucking dipped again
Arthur is a mastermind, he creates liquidity and takes the market to the liquidity.

>> No.21920085

but, a true sign that the real golden bullrun is actrually coming in 2021, is the fact that even bitmex is legitimizing with KYC in february 2021. Big boys will be coming, and arthur will be prepared to unload his million bitcoins without repercussion from the SEC

>> No.21920089

>>21920039
And I’m just pointing out that the money they take serves a functional purpose to protect the traders on their platform, no doubt its a nice cream for them if they close up shop though.

>> No.21920147
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21920147

>> No.21920393
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21920393

>>21919494
>Why is he talking about the Ethereum ecosystem positively?

He's not dumb. He sees the way the ETH ecosystem is progressing at a breakneck speed compared to BTC.

>BTC devs have done NOTHING towards scaling or making BTC useable for day to day life apart from make a fucking autistically terrible UI/UX in lightning network.

>BTC scales through being wrapped on Ethereum.

>DEX's are coming for BitMEX's neck and there is nothing he can do to stop it.

>Cryptographically secure and trustless ETH based stable-coins are better for the end user than centralized Tether that is reliant on Paolo getting out of bed in the morning to hit the brrrrrrr button and tweet a reply to @whalealerts whenever a payment lands in Tether's Cayman Islands bank account, all the while avoiding arrest by Eurorpol and/or getting whacked by the Romanian mafia because he froze their USDT funds on-chain.

And most importantly -

>It is impossible for inspired madlad devs like Andre Cronje to build on BTC because of the retarded scripting language compared to ETH's solidity

The retarded maxi's (coping 2017 top buyers with <1 BTC bags) will seethe at this, but it's the truth.

They will cope post and say 'Defi is a scam', but if it was all being built on BTC they wouldn't say shit.

The toxic maximalist hubris has pushed the bright devs away from BTC and towards ETH.

>b-but muh digital gold!

The Oil market is bigger than the size of all raw metal markets combined, including Gold.

Buy Digital Oil.

Buy Ethereum.