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/biz/ - Business & Finance

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8751214 No.8751214 [Reply] [Original]

>short bitcoin
>gain wealth in bitcoin
>bitcoin death spirals
>can't send it to a real fiat exchange to cashout
or
>short bitcoin
>gain wealth in usdt
>bitcoin death spirals
>usdt is now useless
What the fuck are you guys thinking or am I just missing something crucial?

>> No.8751258

The only thing you're missing is that we are trading to increase our BTC stack, not the fiat stack.

>> No.8751283

>>8751258
this

>> No.8751290

krown's livetrading on bitmex for those who care https://youtu.be/UaWM4rcjl08

>> No.8751325

>>8751290

looks like a scammer faggot

>> No.8751355

>>8751258
So you don't think the death spiral is a real concern?

>> No.8752254

>death spiral meme

>> No.8752374

>>8751355

If you actually believe death spiral is remotely plausible you don't understand the fundamentals of bitcoin and need to do more to understand PoW then come back here.

>> No.8752399

>>8752374
If the price drops fast enough in between diffiluty adjustments and their is no economic incentive to mine it, who would mine it?