You are viewing a single comment's thread from:
RE: Nasdaq expecting to launch Bitcoin futures in Q1 of 2019
Um...does this offer another way for them to cause the prices to tank?
Though I don't think it's a smart bet to expect crypto to fall much more, so I guess shorting it or similar doesn't offer much worry anymore.
The crypto market is still extremely small...I wonder about all this fervour about futures markets now. They're cool and all, but will there be much interest? Big players could potentially buy the entire market currently.
I don't think that is the play anymore no. I think wall street helped send prices to $20k in the first place. Then they are also likely a big part of the reason for the 85% drop. They will try to run prices again, if they can.
Well, they had to get a buy in after they shit on it for so long they missed the boat. Isn't that how they do it? When you get FOMO and you have enough money, you simply drive down the price so you don't miss out.
I think they get in, drive the price up as high as they can. Then short it, and drive prices down as far as they can. Rinse and repeat.
That seems rather likely. They got in, pumped it, dumped it, wiped, and flushed. Now they're ready for another pump...if they feel like it. I think they probably will, when they feel like it, because crypto is so much easier to control, and produces such great returns, even on short term trades. I often can make 10% in a single day, or more. I've made around 20% in less than a few seconds before, thanks to being VERY quick with trades during a spike.
Yea plus they know retail wants in when it is going up, and they are the easiest to take money from.