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/biz/ - Business & Finance


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File: 136 KB, 931x698, Screen Shot 2017-12-10 at 1.45.33 PM.png [View same] [iqdb] [saucenao] [google]
4942479 No.4942479 [Reply] [Original]

CME TIME

>> No.4942505

Ride it to 0.

>> No.4942517

>>4942479
2hrs and 10min till futures open...

>> No.4942522

Wait I thought cboe opened futures today and cme opened it on the 18th

>> No.4942534

>>4942479
nice just bought 100k

>> No.4942543
File: 436 KB, 600x666, 1494955935689.png [View same] [iqdb] [saucenao] [google]
4942543

Short squeezing will become so much more fun now

>> No.4942549

Just opened a short 1000x leverage and will dump my 10000 BTC stash

>> No.4942556
File: 289 KB, 654x662, Screen Shot 2017-12-10 at 1.51.29 PM.png [View same] [iqdb] [saucenao] [google]
4942556

>>4942479

>> No.4942560

>>4942549
cuck

>> No.4942580

Why is this different to trading XBT futures on bitmex? Suddenly everyone is going on about shorting bitcoin when we've been able to do that all along

>> No.4942600
File: 113 KB, 652x367, cmebitcoin.jpg [View same] [iqdb] [saucenao] [google]
4942600

>>4942479
slaughter time

>> No.4942603
File: 1.39 MB, 2448x3264, 1493923984167.jpg [View same] [iqdb] [saucenao] [google]
4942603

>>4942556
boomers gone get justed by NEETS. Couldn't be happier

>> No.4942616

>>4942580
People can now do it within an actual safe environment, rather than a shit hole "exchange" in bumfuck nowhere

>> No.4942621

>>4942580
boomers can't into crypto exchanges.

>> No.4942626

>>4942522
Yeah, these guys are just trying to make ppl panic. Always do your research. Good on you, anon. You restore faith my view of humanity.

>> No.4942643

Evens I buy bitcoin now
Odds I short

>> No.4942670

Please crash it to at least 10k I’ve been waiting for this moment for weeks

>> No.4942671
File: 247 KB, 400x416, 1504445053950.png [View same] [iqdb] [saucenao] [google]
4942671

>>4942479
>Hi / Low Limit

BUY HIGH SELL LOW
AAAAAAAAAAAAAAAAAAAA

>> No.4942698

>>4942580
no different, just 100x bigger

>> No.4942710

Can someone explain to a brainlet why futures would lower the price?

>> No.4942763

You can't short. Get ready for 40k btc

>> No.4942765

>>4942710
Well as you see these fat cat jews have been pumping the fuck out of BTC the past months now they can dump their physical BTC and short with margin and make a killing

>> No.4942767

>>4942710
The FUD surrounding it can, not the futures itself. It is the same story with every FUD event Bitcoin has endured. Buy the dip and chill.

>> No.4942784

>>4942763
I will cum in my shorts if that happens

>> No.4942797

>>4942763

Why not?

>> No.4942875

>>4942765

or they want you to think

>> No.4942923

>>4942710
>Go short on bitcoin futures, 100x leverage.
>Sell my stack of 1000 btc on the real exchanges.
>I am now rich and the bitcoin price is a lot lower.

>> No.4943085

>>4942479

...AAAAAAAAAAAAAND nothing happened

>> No.4943180

>>4942710
When you buy futures you are betting that the price of bitcoin will go upo or down but you are betting in USD for a USD reward. When gold or uranium futures were released people used the easier option and instead of buying gold or uranium they bought futures instead and if No one buys the actual thing then you have no buyers and the price crashes

>> No.4943229

>>4942479
>16000 / 14000
Wow they have literally no idea how to price it, couldn't be any more useless.
Hey it's between 10k and 20k! We think!

And the worse part is this bullshit will reduce volatility.

>> No.4943316

>>4942543

Yup. This is the new bear whale /biz/. Its us vs the bankers. But if we eat through their sell walls this time, we stand to force them to push the price up for us on the other side.

Who's going to win this one?

>> No.4943371

>>4943316
>Who's going to win this one?
koreans.

>> No.4943399

>>4942710

Futures contracts are designed to help the producers of a commodity hedge against price movements. The Chinese miners have never been in this for speculation, they just want a reasonable 10-20% profit margin so they have certainty of cash flow so they can take out a loan to buy more mining gear. That is what these futures will enable them to do. There will be a race to the bottom among the miners to lock in their bitcoin sale price (pro-tip: it takes about $500 in electricity to produce a bitcoin, less in china). Basically futures turn a speculator's market into a producer's market.

>> No.4943436

>>4943399
>pro-tip: it takes about $500 in electricity to produce a bitcoin, less in china
mcaffee claimed a few weeks ago it's 1000 dollars per coin.

>> No.4943471

>>4943399
> pro-tip: it takes about $500 in electricity to produce a bitcoin, less in china
and 7 asics because they die every month

>> No.4943481

>>4942765
Maybe a stupid question, but when you short anything isn't your gain based on the percentage decrease of what you've shorted? So... Why would a high BTC price matter?

>> No.4943497

>>4943316
>he thinks we can compete with bankers

>> No.4943502

And Bitfinex's parent company was recently struck off the record. Today marks the beginning of the Tether exit scam. Jesus christ this drop is going to be insane to watch.

https://twitter.com/Bitfinexed/status/939938165028196352

>> No.4943503

>>4943371

>koreans.

nuh-uh
http://news.hankyung.com/article/2017120847521

>> No.4943556

>>4943481
The faster it pumps, the harder it dumps

>> No.4943574

>>4942549
Post address

>> No.4943756

Is this when the banks go all in and Satoshi dumps his stash on them to explode the global oligopoly?

>> No.4943801

>>4943497
>he thinks bankers can compete in a free market

>> No.4943862

The masses really think bitcoins going to die because of futures? Whew lad.

Protip-The masses are ALWAYS wrong.

>> No.4943882

>>4943862
No, the masses are always right, they're just late on every trade.

>> No.4943891

>>4943862
the masses are the ones buying BTC at 15k and are about to get dumped on by banks
fucking retard
the smart ones bought a year ago and sold off a bit after every pump

>> No.4943911

>>4943862
The masses don't even know futures exist or what they are.

>> No.4943925

>>4942479
>>4942522
https://fia.org/articles/open-letter-cftc-chairman-giancarlo-regarding-listing-cryptocurrency-derivatives

>> No.4943978

GETTING CLOSE

>> No.4944002

Hmm. I see we have an IQ gap that can't be bridged. Carry on, Bolsheviks.

>> No.4944007

>>4942784
I'll be a millionaire if this happens

>> No.4944011

>intentionally trying to predict value of something as wild as BTC

literally no one in their right mind is going to buy a futures contract

>> No.4944015
File: 33 KB, 651x85, Screen Shot 2017-12-10 at 2.22.11 PM.png [View same] [iqdb] [saucenao] [google]
4944015

DOTH APPROACHETH

>> No.4944050

I will hold my neo and watch the show. Maybe I buy a Bitcoin under 10k maybe I will sell some neo to dollar, or maybe I just go to sleep

>> No.4944088

>>4944015
3 hours? i can never get burger time right

>> No.4944089

>>4944050
This. I still regret selling the China FUD in September. Just gonna hold through wathever happens.

>> No.4944097

>>4944050
Maybe you get left in the dust holding a Chinese alt

>> No.4944109

>>4944011
Unfortunately, bots don't have minds.

>> No.4944122

>>4943801
This guy gets it.

>> No.4944177

>>4942549
You do realize none of these futures markets actually have any BTC, right?
It is all a LARP
Wall Street will short paper bitcoin to 0 while every exchange in the world that actually holds BTC will just go on keepin on.
Than all of wallstreet will go on CNN MSNBC and pronounce crypto non-viable cuz see see look at how low the price is on our fanfiction paper bitcoin exchange.
Every boomer alive who believed their NEET son will go the wall street rout instead of actually buy the coin on an exchange, get burned in the short squeese so hard boomers have to sell their houses.
Basically this whole thing is a generational gasing against boomer's growing interest.
Which is fine honestly.
It will only be American Boomers who torch themselves.
And
it is not as if they made up more than a few satoshis of the market before now anyway

>> No.4944183

>>4942522
the screenshot is cboe, OP is a brainlet

>> No.4944198

>>4943399
>500 dollars per coin
false
Its roughly 10+ grand at the moment. A difference between market price and hashrate is an exploitable market incentive which also secures the network. Even with added variables like asic tech and electricity costs, they are still directly correlated. It was designed this way on purpose.

>> No.4944212

>>4944097
Maybe you should dyor on neo to see why i feel so confy. Neo is gonna be so massively huge you wouldn't believe it if you didn't dyor for some day's.

>> No.4944263

>>4944212
Same can be said about LUXcoin and Luxgate project.

>> No.4944359

>>4942616
BitMercatileExchance has been the best exchange i've issue thus far, never saw it offline not one minute, whilst coinbase kraken bittrex and other always have some conveniant wallet maintenance when something big is happening or are offline when there a huge pump/sell off.
But yeah it doesn't compare to some professional traditional exchange

>> No.4944361

>>4944088
Its a little under five hours.

>> No.4944362

>>4942479
NOOOOOOO i dont want the normies here. I havent accumulate yet.

>> No.4944374

>>4944362
You are the normie.

>> No.4944395

In three hours, this whale-fueled pumped will crash down to Earth. Why would an institutional investor own BTC when they can trade futures settled in cash?

>next-gen currency

It's being treated as a commodity

>blockchain public ledger creates new paradigm, decentralize power

Banks are already implementing blockchain tech, and have the infrastructure to handle massive amounts of transactions, unlike these startup exchanges

If you view BTC as anything more than an easy flip, then enjoy the ride down

>> No.4944419

>>4944395
You underestimate bitcoin. Wall Street people love it. Why kill the golden goose?

>> No.4944460

>>4942797
Because my internet meme coin is super power

>> No.4944483

>>4944177
Furthermore it is not just the buyers who will get fucked on the paper market
If you are shorting and not an insider you will be fucked just as hard if not harder.
Because there is no direct connection with the BTC market and these futures markets the market owners at any time could readjust the price to what whatever they want
So joe blow shorter will see a trend in the market and short at 100X margin.
Then the marketeers will suddenly switch their index to the prices on exchanges experiencing high volume and high price.
Excuses of course will be made "owe the BTC market is volatile and the top exchanges change all the time. We are only correcting out index to more accurately reflect the market."
All those shorters are then fucked in the ass with margin calls.

>> No.4944486

>>4944419
>sell coins at 14k
>buy at 8k
>get back to 14k in 2 months
WHY WOULD THEY EVER DO THAT?!

>> No.4944515

>>4944419
You underestimate wall street.

>> No.4944528
File: 277 KB, 469x452, 1512892391912.png [View same] [iqdb] [saucenao] [google]
4944528

>>4944486
Because it's going to be like 35k by March.

>> No.4944547

>>4944483
If you short with 100x leverage, you don't deserve nothing but getting ass-raped.

>> No.4944584

>>4944528
you don't know that, but you know exactly whats going to happen if it drops low

>> No.4944620

>>4944528
The only reason it's this high right now is because of them manipulating the price. You underestimate their power.

>> No.4944635

>>4944547
Dodging the issue mate?

>> No.4944653

Bros wall street views crypto as the replacement to fiat. They're not shorting believe me.

>> No.4944675
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4944675

>>4944620
>their

>> No.4944745
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4944745

>>4944653
>not shorting
Screencap this guy and post in two weeks

>> No.4944798

Why is it still not crashing?

>> No.4944810
File: 70 KB, 666x629, 1424322161493.jpg [View same] [iqdb] [saucenao] [google]
4944810

>>4944675
fucking jews

>> No.4944920

>>4944798
Because it's fucking nothing you faggots

>> No.4944995

>>4944395
>Banks are already implementing blockchain tech, and have the infrastructure to handle massive amounts of transactions, unlike these startup exchanges

Yeah I work for a bank and it's really not as high tech as you think. We're so desperately outdated and the cost to replace our systems is so phenomenal that leadership just bury their heads in the soil about it. We focus on making it look slick on the user side when the backend is an absolute state. Even with its huge fees and slow confirmation btc is better than traditional route, the only difference is that the banks have the resources and relationships to make it look good to the user.

Once something comes along that's better than btc banks will be blown away.

They are absolutely shitting themselves and simply buying any startup they find to try and get an advantage. The problem is they're so old creaky and bloated that bolting more startups on won't solve the issues. It's time for a clean start.

>> No.4945013
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4945013

hurrr durrr short

>> No.4945137

>>4942603
His portfolio is 56% BTC and 44% shitcoins.

>> No.4945272

I read that cboe futures are long contracts only. Is this correct?

>> No.4945287

>>4944995
I work in IT and I can confirm big companies (so also banks) have huge issues replacing their technology due to the cost and security issues. Some large banks still run on the COBOL language (more then 15 years old now) and their are little programmers left that can create new code for it.

>> No.4945308

>>4945272
Not that I know of. Either way it wouldn't change much, someone's got to be writing the contracts you're buying, and that's not going to be the platform taking the short end.

>> No.4945341

>>4944653
4 hours to get out.

>> No.4945415

can I just have an ETF Short BTC 3x please?

>> No.4945421

>>4945272
No they are long and short, this is a lie being spread. Text related: "Position Limits:
A person: (i) may not own or control more than 5,000 contracts net long or net short in all XBT futures contract expirations combined and (ii) may not own or control more than 1,000 contracts net long or net short in the expiring XBT futures contract, commencing at the start of trading hours 5 business days prior to the Final Settlement Date of the expiring XBT futures contract."

>> No.4945447

In the futures market for every short seller there has to be a long buyer. It's just like sports betting and the house gets a small percentage. If too many people try to short it, there wont be anyone to buy those positions.

>> No.4945583

>>4945447
> If too many people try to short it, there wont be anyone to buy those positions.
that is what they want
no buying power
lowe price

>> No.4945584

>>4945447
Stop losses and people closing their shorts will be the buyer for new people opening their shorts, that's how flash crashes happen.

>> No.4945676
File: 421 KB, 2048x1365, 0sftrko26v8z.jpg [View same] [iqdb] [saucenao] [google]
4945676

it's habbeding

>> No.4945697

>>4942670
Are you buying? Or is it some faggotty schadenfreude desire?

>> No.4945712

>>4945676
Source

>> No.4945741

>>4945584
If you aren't just talking out of your ass can you explain this please?

>> No.4945764

>>4945447
Yes but if you think about it further loads of people will sell BTC on exchanges and go to markets with more protection / regulations. (Just like with gold) The goal of these futures is to get loads of people into the futures so the BTC market will die off since it's "safer" to just buy the future / short contract instead of an actual coin. This will cause a decline in BTC's price for sure.

>> No.4945791

>>4943497
Bankers have explicitly stated that they want nothing to do with Bitcoin futures. They're literally pooing their pants.

>> No.4945801

My prediction.
BTC crashes now very hard. When futures start all go long since Bitcoin recovers. Than when it hits 20k all go Short and the shit will burn

>> No.4945821

>>4945741
https://www.cnbc.com/2017/06/22/ethereum-price-crash-10-cents-gdax-exchange-after-multimillion-dollar-trade.html

>> No.4945856

>>4943756
Such an awesome kill switch he implemented. No wonder the banks want nothing to do with futures knowing that Satoshi could fuck their shit up at any time.

>> No.4945887

>>4945741
I mean that's some pretty basic trading knowledge anon.

If too many people try to short and there's not enough depth, what happens isn't that you can't short anymore, it's that we fall off the book and the price goes to basically 0.

Now if a lot of people have stop loses or large margin positions open, those people will get called and spam market orders in a chain reaction, so the price can fall VERY low VERY fast.

Ask GDAX. They just banned margin trading almost entirely after they had the price crash down to $0.10 one time.

>> No.4945900

finex and stamp on suicide watch right now
cash the fuck out retards

>> No.4945942

>>4945900
Why

>> No.4945946
File: 50 KB, 592x520, Clipboard-1.jpg [View same] [iqdb] [saucenao] [google]
4945946

>>4945821
REEEEEEEEEEEEEEEEEEEEEE

>> No.4945976

>>4945946
Are those sell orders?

>> No.4945997

its dumping now

>> No.4946002

>>4945942
He is poor and wants cheap coin.

>> No.4946004

>>4945976
https://stocktwits.com/jdemasie/message/86641301

>> No.4946008

1k in 1 min

>> No.4946012

Well, it was fun while it lasted boys

>> No.4946036
File: 96 KB, 1407x709, Lol kraken.png [View same] [iqdb] [saucenao] [google]
4946036

The definition of irony is making money shorting the must explosive instrument in history.

>> No.4946037

>>4945856
>No wonder the banks want nothing to do with futures knowing that Satoshi could fuck their shit up at any time.

poorfag here
I only have 1K in fiat to use tomorrow to short BTC; I've been poor my whole life and I'm ok with it because I rally hate when someone steal my shit (fucking gypsies); I really understand bankers that don't want to mess around BTC or any other crypto since the early miners can crash the price at any time "stealing" everyone else already on board. Maybe one day we will have solid laws regulating it; I'll wait that day.

>> No.4946063

>>4945946
HOLY SHIT, YESSSSSSSSSSSSSSSSSS

1800 ETH reporting in. I know why I have my money parked on the lowest buy ins and not in useless tether. they filled it hahahaha. screen coming asap

>> No.4946078

My theory is BCH is next in 2018 for futures.

>> No.4946080

This is just typical whale fud bullshit taking advantage of the baseless tension and shaking out a few weak hands. Literally nothing.

>> No.4946098

>>4946080
D E N I A L
E
N
I
A
L

>> No.4946110

>>4946037
You're going to get fucked on .
>>4946098
You'll see.

>> No.4946164

costs approximately 15 mil to drop bitcoin 10% right now. so if someone with 15 mil borrows that many and then sells them, the market's gonna fucking tank

>> No.4946215

>>4945946
>>4945976
>>4946063
>being this new

>> No.4946290

>>4945741
Well that's why I was asking because this isn't normal trading, there are zero assets being exchanged, it's all just cash bets.

>> No.4946296

>>4946164
>not understanding that futures are settled in cash and based on a financial auction site
They're not actually buying BTC on Bittrex you literal brainlet.

>> No.4946349

>>4946296
>They're not actually buying BTC on Bittrex you literal brainlet.

The move would be to buy futures and then manipulate the market. They're waiting for the futures market because it's easier for them to get their money out there, but they'll do both.

>> No.4946372

>>4946296
> They're not actually buying BTC on Bittrex you literal brainlet.
this is what /biz/ really believes
they were accumulating for past month you literal retard

>> No.4946397

bithumb still down "for matinance" on a futures day
lmao this is gonna be good

>> No.4946404

>>4945272
It is not even possible to have just long contracts. you always need a counter side or else the cme would hold the total risk

>> No.4946405

If btc crashes people will try to cash out.
Where do the flee into?
Maybe ETH?

>> No.4946425

>>4946405
>Where do the flee into?
>Maybe ETH?

lmao

try into the ocean like lemmings

>> No.4946439

>>4946405
inb4 the convert into tethers, try to withdraw into $ and cause Finex to implode.

>> No.4946544

>>4946405

lmao
they'll cash out at 14K then they'll "buy the dip" at 12K, then oooops they'll cash out at 9K and then they'll buy the dip again at 7K then they'll cash out at 4K just because...

ah ah it'll be fun

>> No.4946552

>>4946405
Obviously Bitcoin Cash :) Cashening before EOY

>> No.4946553

>>4946439
please explain. y not go into another coin?

>> No.4946555

T minus 11 minute's.
Does it just start exactly then?

>> No.4946576

>>4946555
1 and 11 minutes. Starts at 6pm est. 4:49 rn

>> No.4946578

>>4946552
*bcash

>> No.4946603
File: 823 KB, 1035x612, IMG_7486.png [View same] [iqdb] [saucenao] [google]
4946603

>>4946578

>> No.4946611

Fuck. Ppl are gettin antsy.

>> No.4946627

>>4943502
This slightly spooks me, so should I pull my measily stack of iotas out? The fucked up iota wallet also scares me desu.

>> No.4946629

>already converted everything to fiat for today
feels good man

>> No.4946648

Let's show these wall st normies what volatility really means boys.

Maybe we can set their whole shitty project back a few years

>> No.4946651

>>4946629

Same. Starting to feel comfy.

>> No.4946652

10k in 10 min. Cap it.

>> No.4946667

>>4946627
Just don't be the last one to get out, or you know what they say about holding bags...

>> No.4946693

>>4946296
Wrong, they buy a shitton of BTC set up a short contract and then dump all their BTC so their short comes true. Futures are a bunch of horseshit and just encourages market manipulation. This shit will cause major crypto crashes, lower crypto volume (muh safer futures), and a more stable market (booooooooring). Fuck whoever introduced futures. The same shit also fucked up gold

>> No.4946740

>>4946576
You sure?

>> No.4946743

who throwing in $5 for every 1k below 11k today just for laughs?

>> No.4946782
File: 91 KB, 645x729, 1512229972964.png [View same] [iqdb] [saucenao] [google]
4946782

>selling btc

>> No.4946788

>>4946693
Probably bildaburg, since they own Blackstream.

Stay strong with bch.

>> No.4946843

>>4946693
You can't just "buy a shit ton" of btc though without pushing the price sky high.

>> No.4946845

>>4946693
>The same shit also fucked up gold

are you referring to the gold that exists only on paper or those lovely gold plated tungsten bars? :wink: :wink:

>> No.4946864

>>4946788
Don't own any BTC myself I also do not trust futures one bit. Own a bunch of solid alts, but then again these fuckers could literally make some shitty future of whatever coin they want and the big bois will come in and fuck the coin for their short opportunity.

>> No.4946882

WHY IS BTC DROPPING REEEEE SOMEONE EXPLAIN HOW THESE FUTURES MATTER AT ALL WTF???

>> No.4946922

>>4946845
The shitty gold on paper of course.
>>4946843
>What is dollar cost averaging
>Private deals with large BTC holders
>BTC sure has not mooned like crazy over the last few months
Ever wonder why such things happen anon? There are plenty of ways to get large BTC stacks without adjusting the price to much.

>> No.4946923
File: 247 KB, 638x359, IMG_7541.png [View same] [iqdb] [saucenao] [google]
4946923

>>4946843
What do you think happend the last teo weeks brainlet?

>> No.4946928

>>4946553
Because hedge funds and bankers would rather cash out in fiat they can actually reinvest in proven assets instead of unstable cryptos. After BTC drops, all these retail investors that poured in last week are gonna avoid other cryptos they know nothing about because they can't stomach the losses.

>> No.4946948

>>4946882
they take a huge short position and at the same time sell a lot of btc to crash the market
and that's how they make their millions

>> No.4946956

BITCOIN SURGING. IT WAS ALL A RUSE.

>> No.4946995

>>4946882
Futures are like sports betting. Will person A win or will person B win? The problem is manipulation. People might pay person A money to loose on purpose for example. (In this case sell a shitton of BTC to create a massive price drop) Either way massive dump incoming of BTC, as long as people buy up all the BTC we will be fine. But if they don't...... you will see the biggest candles in the history of crypto

>> No.4947005

>>4942580
we have, now (((they))) can to

>> No.4947011

>>4946956
i don't even feel sorry for retards falling for this bulltrap 1h before massive crash

>> No.4947038

>>4946956
All of this fud is coming from r/btc. They know btrash is on borrowed time. If they can't close the gap with btc they're boned. No one will mine their shitcoin anymore.

>> No.4947054

>>4942479
Hey goyim futures hurr durr
Sell your Bitcoin
Look price is dropping
Sell your bitcoin

>> No.4947059

>>4947038
who the fuck even cares about bch today?

>> No.4947106

>>4947059
They've been trying to get BCH off the canvas since Friday. Every attempt has been beaten down savagely. This dip was another Vermin dump.

>> No.4947119

>>4946995
Isn't shorting like saying 'hey, I bet this asset goes down, gonna buy it again when it's cheap again' ?
Futures add another layer or uncertainty or something?

>> No.4947140

>>4942784
I will come in your shorts if that happens

>> No.4947161

>10 minute delayed quote
>it's been more than 10 minutes.
>no quotes showing
wtf happend brehs

>> No.4947174

>>4947140
I'll short your come to make sure it happens :^)

>> No.4947181

What if they are dumping the market now, opening contracts and saying hey, think it will be lower this time next month know damn well it wont?

>> No.4947200

when does trading of the futures begin? t-... minutes?

>> No.4947212

>>4947161

it starts in 45min.

>> No.4947217

>>4947200
45min...

>> No.4947216

>>4947161
has it started yet?

>> No.4947228
File: 42 KB, 271x200, 200_s.gif [View same] [iqdb] [saucenao] [google]
4947228

>>4942763
yes

>> No.4947238

>>4947161
5 PM Chicago time

>> No.4947291

>>4942479
What does this third party gambling on the price of bitcoin affect the price of bitcoin?

>> No.4947348

>>4947291
>he thinks they won't trade coins to make ends meet
do you even understand how much money they got? literally can buy all coins and won't even notice that shit, real money is going to be in this gambling

>> No.4947428
File: 83 KB, 569x398, 1512785550335.jpg [View same] [iqdb] [saucenao] [google]
4947428

>>4947291

>> No.4947443

>>4947348
I'm talking in 30 minutes, won't affect BTC at all
On the other hand, the banks can't steal BTC, as long as there are enough bagholders, the banks won't have control over the price
What will happen won't be decide in a day, over 3-5 years maybe, when the banks have to pay out.

>> No.4947456

>>4947443
agreed, i think this will be a non-event.

>> No.4947488

faggots who think this will affect the most volatile 'currency' in existence.

10 people hold like 99% of all bitcoins

you tremendous faggots get worked up about anything

btc will surge to 50k in a month

screencap this

>> No.4947505

>>4947291
You’ll soon realize that investors on the whole are the absolute retards and get spooked at the slightest bit of bad news. When a bunch of people start betting on bitcoin to fail, a large amount of bitcoin holders will think the gamblers know something that they don’t. Then they’ll sell off and prove the gamblers right. The people who call the bluff get fucked over right along with all the idiots who buy into the FUD

>> No.4947520
File: 9 KB, 515x211, screencappy.png [View same] [iqdb] [saucenao] [google]
4947520

>>4947488
what makes you so confident, dingbat?

>> No.4947529

>>4947488
>screencap this
Trying to get famous on an anonymous imageboard

>> No.4947555
File: 27 KB, 385x385, 1510341427056.jpg [View same] [iqdb] [saucenao] [google]
4947555

>>4947505
so do i sell

>> No.4947562

>>4947443
>>4947456

what about miners with huge amounts of coins? aren't they tempted to manipulate the prices just to make real money with the futures? (I would)

>> No.4947580
File: 93 KB, 1466x414, 1Capture.jpg [View same] [iqdb] [saucenao] [google]
4947580

>>4947488
happy?

>> No.4947591

>>4947505
When BTC hits 10k, so many people will step in again, maybe at 12, 13k even. Bottom will never be reached.

>> No.4947616

>>4947488

Screencaped to post when BTC is $1,500

>> No.4947639
File: 242 KB, 566x635, smiley-face-thumbs-up-thank-you-clipart-panda-free-clipart-images-4eZHzt-clipart.jpg [View same] [iqdb] [saucenao] [google]
4947639

ITT, reassure yourself that nothing is wrong and bitcoin will be fine. Or if you don't have bitcoin, reassure yourself that you are not missing out on anything, and those faggot bitcoin holders are about to lose serious money!

>> No.4947818

>>4947639
what about those who have coins for longterm, Fiat to buy more and some for gambling? Can we just shitpost

>> No.4948199

Got my stop sell/buy orders ready. If it tanks I sell if it moons I buy.

Who else here /genius/

>> No.4948231

>>4948199
>buy high sell low
True /biz/

>> No.4948245

rain in 5

>> No.4948252

>>4948199
Don't forget to use x5 margin if you're going to top long/bottom short.

>> No.4948412
File: 581 KB, 663x868, bleeding.png [View same] [iqdb] [saucenao] [google]
4948412

OH SHIT ITS HAPPENING

>> No.4948442
File: 858 KB, 1600x1597, 1476072224068.png [View same] [iqdb] [saucenao] [google]
4948442

TO THE MOON!!!!!!!!!!!!!!!!!!!!!!!!!!!

>> No.4948448

WEW LAD

>> No.4948466

WEBSITE DOWN

>> No.4948471

WHAT THE FUCK

>> No.4948478

GOD DAMN IT I MISSED THE DIP

>> No.4948503
File: 303 KB, 598x714, HYPER mathew mcnuggets.jpg [View same] [iqdb] [saucenao] [google]
4948503

WE ARE GOING TO FUCKING SATURN

>> No.4948559

Feels like an ico pump. No selling what so ever since open.

>> No.4948645

https://www.youtube.com/watch?v=AFks9A9TCF0

>> No.4948654

>>4943502
what does this mean?

>> No.4948688

NEW PARADIGM!!!

>> No.4948735
File: 1.62 MB, 1280x1280, 88aa226c-71df-4864-ab55-0c4aa835b844.jpg [View same] [iqdb] [saucenao] [google]
4948735

>>4948442
>>4948503
samefag? your images are giving me nausea.

>> No.4948739

>>4948503

holy shi-

>> No.4949168

>>4942479
Doesn't this all sound like they're trying to sucker normies into shorting?

I've never heard of any other derivative opportunity (they) have shilled to normies so much, ever.

>> No.4949209

>>4949168
Normies don't know about shorting or futures, normies buy bitcoin for christmas because it's all people are talking about?

>> No.4949216
File: 61 KB, 640x640, milkies4.jpg [View same] [iqdb] [saucenao] [google]
4949216

livestream for those interested, CBOE website is down (wonder why lmao)

https://www.youtube.com/watch?v=9zj0ttLruAc

>> No.4949446

WALL STREET FUD FAILED I REPEAT WALL STREET FUD FAILED THEIR SHORT WILL GET FUCKING LIQUIDATED SOON HAHAHAHA

>> No.4949466

>>4949209
You're a retard

>> No.4949482

>>4949466
No you.

>> No.4949630

>>4949482
4u

>> No.4949719

>>4949446

lmao calm down, it went up like $500 and flatlined.

>> No.4949754

>>4949216
moar of this semen demon

>> No.4950048
File: 100 KB, 1080x1080, milkies3.jpg [View same] [iqdb] [saucenao] [google]
4950048

>>4949754
@anneleeze
unfortunately her insta is blocked

>> No.4950894

>>4945741
Yeah how would that happen futures use the index of at least 3 exchanges >>4945887

>> No.4950920

>>4945942
Bitfinexed twitter

>> No.4950938

>>4942479
prepare for the dump

>> No.4950961

>>4950938
There's no dumps only moons

>> No.4951245

>>4948199
RIP
This will hurt.
Big green then big red right after...

>> No.4951390

This is agony, watching it go sideways, waiting for it to do something, going up now...