/biz/ - Business & Finance

[Anonymous No.29989762]

BOBOS BTFO

[Anonymous No.29989836]

>>29989762
>BOBOS BTFO
>implying
bruh

[Anonymous No.29989838]

>>29989762
>BOBOS BTFO

This is one of the most bearish signals yet retard

[Anonymous No.29989860]

(((GOLDMAN SACHS)))

[Anonymous No.29989898]

>>29989762
They are going to short it.

[Anonymous No.29989899]

>>29989762
Bearish

[Anonymous No.29989907]

>>29989762
>futures
anyone else getting 2018 flashbacks

[Anonymous No.29989919]

2017 like news

[Anonymous No.29989923]

>>29989907
Yes

[Markys No.29989989]

is this legit? will this token make me rich sir?
or you just try to scam people with shitcoin
>I have already hold GSX and received bonuses

[Anonymous No.29989991]

>>29989762
>bitcoin
I wonder if these boomers think that bitcoin is the only crypto.
Bitcoin is the lamest coin, it does nothing.

[Anonymous No.29990063]

>>29989762
this is bearish idiot

[Anonymous No.29990089]

>>29989898
Madkek big if true

[Anonymous No.29990113]

>>29989762
>Goldman selling futures is bearish
OH NO NO NO NO NO

[Anonymous No.29990131]

>>29989991
>it does nothing.
except lead the entire crypto market. If bitcoin gets shorted to the ground, the whole rest of the market deflates as well

[Anonymous No.29990163]

>>29989762
Super bearish. Time to get out of BTC.

[Anonymous No.29990175]

ah good old times i remember when they started to trade BTC futures and the bear market started good old days.

[Anonymous No.29990244]

>>29990131
So stop buying it and giving it that power you faggot.

[Anonymous No.29990249]

>>29989762
>(((goldman sachs))) starts trading unbacked paper bitcoins
extremely bearish

[Anonymous No.29990283]

>>29989836
>>29989838
>>29989860
>>29989898
>>29989899
>>29989907
>>29989919
>>29990063
>>29990113
>>29990163
They're going to Long it. This time it really is different.

Refer to stock 2 flow model

[Anonymous No.29990318]

old institution screams at disruptive technology . png

[Anonymous No.29990329]

>>29989762
>(((goldman sachs))) rigging the market like silver and gold
extremely bearish, and SEC will probably do nothing otherwise the USD goes to zero

[Anonymous No.29990336]

>>29989836
>>29989838
>>29989899
>>29990063
I’m watching a Juventus game rn so I don’t have time to explain why you idiots are wrong. But you are all wrong ok. This is basically good news for Bitcoin. If you don’t see it then maybe you’re a just dumb and that’s not my fault.

[Anonymous No.29990360]

>>29989991
>muh use cases
>muh fundamentals
nobody cares

[Anonymous No.29990373]

note how it's always bitcoin this, bitcoin that.

[Anonymous No.29990377]

>>29990244
I dont, and wish btc would get flipped, but that's obviously not happening anytime soon, and the market is still very much tied to it.

[Anonymous No.29990415]

>>29990131
Good, then I can finally buy cheap ETH

[Anonymous No.29990425]

>>29989762
The beginning of the end.

[Anonymous No.29990430]

>>29989991
its the only store of value, the only money, the only non-derivative cryptocurrency. if crypto wins, bitcoin has won, if bitcoin loses, crypto is going to need to pivot to something entirely non-speculative non-financial.

[Anonymous No.29990455]

>>29989838
>>29989898
>>29989899
>mass buyers bad for asset
yeah fuck off faggots. And no one is as retarded as you to short bitcoin giving how its basically been growing for 11 years

[Anonymous No.29990514]

>>29990415
>cheap eth
if bitcoin dies its not cheap until it's zero.

[Anonymous No.29990523]

We are fucked, this is 2018 all over again

[Anonymous No.29990525]

if BTC is getting taken over by old banks I really hope it gets flipped or else we're all fucked

[Anonymous No.29990536]

>>29990283
This person gets it. I hope you get you’re dick sucked good my friend.

[Anonymous No.29990564]

>>29990089
it's not a joke faggot which you would know if you understood the state of central finance

[Anonymous No.29990575]

>>29990455
goldman sachs rigged silver and gold market for years
then they get a fine and they keep doing it
i'm scared for btc, these fuckers will trade paper bitcoins that don't even exist

[Anonymous No.29990642]

>Goldman Sachs, the worlds greatest shortseller, is getting into BTC
this is absolutely bearish

[Anonymous No.29990696]

>>29990455
For bobos and nocoiners/shitcoiners everything is bearish. Ignore them.

[Anonymous No.29990702]

>>29990525
>taken over
it can't be. its not an alt, it doesn't have VC investors, it doesn't have a leader. banks can buy bitcoin just like everybody else, provide services for it just like everybody else. they cant print it, they cant change it.

if bitcoin can't withstand banks "taking over" it, you think any altcoin can? keep dreaming.

[Anonymous No.29990719]

>>29990575
THIS
and if you buy up a large amount of shorts and demand delivery they will give you back your money and kick you the fuck off the exchange

[Anonymous No.29990742]

>>29990430
Kinda disappointing how crypto is pretty much chained to that fucking fossil.

[Anonymous No.29990823]

>>29990696
It is already going to zero, except in the next 10-15 years, because is going to 1m then 10m.

[Anonymous No.29990843]

>>29990742
if thats how you think, might as well sell all your crypto now, because you don't understand why any of this had any value at all.

[Anonymous No.29990864]

>>29990742
N E W F A G
E
W
F
A
G

[Anonymous No.29990924]

>mainstream brokers start getting heavily invested in crypto
>heavy regulation follows in their wake
>no longer possible for anyone but them to profit off it with the introduction of unnecessary hoops to jump through, red tape, extra taxes, and heavy control and manipulation
>crypto becomes just another controlled and manipulated commodity like stocks

You should know by now that something becoming mainstream doesn’t make it flourish, it becomes stripped of what originally gave it value and it becomes trash. This website is a perfect example.

[Anonymous No.29990948]

>more futures
>bobo btfo
gme diamond hands fellow redditor!

[Anonymous No.29991045]

>>29989898
good luck with that now that normies know what a short squeeze is

[Anonymous No.29991076]

>>29990924
not true at all. regulations apply for the regulated. not everybody is under the same regulations, and nothing has changed since btc was defined as property years ago anyway.

[Anonymous No.29991085]

>>29990336
b&r

[Anonymous No.29991135]

>>29991045
anon, reddit ended up handing all their money to the hedgefund they tried to squeeze lmao

[Anonymous No.29991222]

>>29989860

[Anonymous No.29991331]

>>29990244
No

[Anonymous No.29991343]

All according to the plan

[Anonymous No.29991425]

>>29990948
OP here,

thank you anon!
What these shmucks here don’t understand is that GS starting to trade BTC derivatives is extremely bullish. Just look at the last time they did, it went from 20k to 50k in only a matter of years!

[Anonymous No.29991426]

>>29991076
Heavy taxes and taxes that apply to crypto conversion have been implemented. If more countries follow suite and more tax/control methods are implemented then it will drastically change the maneuverability, functionality, and ultimately lessen the overall value of the crypto systems.

[Anonymous No.29991473]

How do you buy "futures" for a cryptocurrency am I retarded?

[Anonymous No.29991534]

>>29989907
I do, anon. *sips*

[Anonymous No.29991552]

>>29991473
You aren't retarded, just a lazy fuck

[Anonymous No.29991624]

>>29989762
00000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000

[Anonymous No.29991632]

>>29989898
This trading does not equal them becoming delusional “holders”

[Anonymous No.29991718]

>>29991426
they always were implemented if crypto was property. you cant seriously have expected crypto to remain 100% tax free, or everybody would just immediately funnel their money through it.

there are already tax-free ways to get liquidity like loans. trading has and always will be taxable income, like it has in every single market

[Anonymous No.29991777]

>>29989898
They are going to short BTC just before the stimmy checks? LOL

[Anonymous No.29991854]

Explain this thing to me guys. Goldman starts trading futures. A lot of people short btc. In order to short it I would have to first borrow btc, then sell it and buy it back later from someone else. Does the borrowed btc come from Goldman Sachs? Wouldn't they need pretty high btc liquidity for this to work? Or have I completely misunderstood everything?

[Anonymous No.29991864]

>>29989762
>Goldman Sachs
These crooks being involved is not bullish

[Anonymous No.29991944]

>>29991777
Checked

[Anonymous No.29991969]

If they short Bitcoin to death I can guarantee Wall Street will have to deal with at least a few crazy Americans and their AR-15s.

[Anonymous No.29991992]

>>29989762
crypto newfag here. why is goldman sachs opening futures trading dangerous to bitcoin? why are anons saying it killed the last bullrun?

[Anonymous No.29992052]

>>29991854
No they’re are gonna be borrowing directly from satoshi. But they have to ask nicely first :)

[Anonymous No.29992106]

>>29991854
>Does the borrowed btc come from Goldman Sachs
Guess what anon? They will make derivatives! This will let them naked short sell just like the have been doing with PMs for decades. 21m BTC? Sure, but when the paper BTC printers start up, suddenly they are effectively trading a 100m BTC market. 200m BTC market. More. There are HUNDREDS of paper contracts per ounce of physical silver

[Anonymous No.29992253]

>>29991473
you choose a contract that you want to buy for a coin. contracts are distinguished by date.
you buy x amounts of contracts at some price, with a short or long position.
these contracts will be force sold at the above date
if you open a x1 short you will be liquidated at double the shitcoin price and lose your contracts. if your shitcoin reaches $0 you will double your money. if you open a x5 short you will be liquidated at 1.2 the shitcoin price and if your shitcoin reaches $0 you will x5 your money.

[Anonymous No.29992350]

>>29989762
>he doesn't know

[Anonymous No.29992352]

>>29991854
You can't understand it because its a fucked system

[Anonymous No.29992388]

>>29992052
Ah yes, of course

[Anonymous No.29992433]

>>29991777
Hard check

[Anonymous No.29992461]

Futures are always bearish. They exist for the sole reason of price suppression.

[Anonymous No.29992476]

>>29991135
Because stock markets can be controlled by the same people shorting effectively shutting out the competition. Crypto is completely different and can be purchased by the entire world at any time of the day.

[Anonymous No.29992584]

>>29991854
Futures are an obligation to deliver btc. If they short futures they have a contract within which there is a deliverable from some liquid counterparty. They don't need btc to do it. However, they are not retards, and never go 100% long or short but instead have a mixture of long and short positions that may selectively alternate between net short and net long.

[Anonymous No.29992598]

>>29992476
see
>>29992106

[Anonymous No.29992653]

>>29990283
This, Wagmi biz/ bros

[Anonymous No.29992768]

>>29990244
>stop making money

[Anonymous No.29992799]

>>29992598
>>29992106
But wouldn't the known fact that there will only ever be 21m bitcoin in existence change this? People can just call them out on their bullshit when the numbers don't add up.

[Anonymous No.29992838]

>>29991426
Crypto gives a fuck about jannies, tax, gubment, jews, niggers, trannys and other shit.

[Anonymous No.29992853]

>>29992799
Still waiting on that silver squeeze, eh anon? Silver to 300$ any day now...

[Anonymous No.29992903]

>>29992106
Silver isnt on a blockchain so you cant track it lol, same with stocks

[Anonymous No.29993104]

>>29992799
It just becomes debt. There is a market for what're essentially accounts receivable. So say there exist obligations to deliver 1,000,000 btc and only 1 exists in the market, just for example. Those obligations aren't fried. They're just going to need to be filled in 1,000,000 transactions of that one btc.

[Anonymous No.29993123]

>>29992903
We know for a fact that the paper to physical silver rate is at least 200:1 lol. We have been calling them out on their bullshit since the 70's. No one really cares because that's just how the market works. Why would the market treat BTC any differently?

[Anonymous No.29993282]

>>29991777
You will never get your biden bucks.

[Anonymous No.29993364]

>>29993123
theres little to no financial demand for silver vs bitcoin, its a terrible PM

[Anonymous No.29993482]

>>29989762

[Anonymous No.29993515]

>>29990336
Invest in chiliz if you haven't already.

[Anonymous No.29993691]

>>29993364
as far as MC and trade volume go they are pretty damn similar actually. but they do the same with every commodity, if it has a limited supply it will be ruined by derivatives

[Anonymous No.29993752]

>>29990336

Juve are shit sack pirlo

[Anonymous No.29993888]

>>29993482
Oh boy, here we go

[Anonymous No.29993969]

>>29993691
silver doesnt though, its just a poor-mans gold. nowhere near as strong as bitcoin, i doubt they'll be able to push bitcoin around even 10% as much as something like silver

[Anonymous No.29993980]

>>29989898
Tripple doubles confirm.

[Anonymous No.29993984]

>>29989762
Tame redux

[Anonymous No.29993991]

>>29991718
He’s talking about increasing restrictions on futures trading, withdrawal sizes, development and release on major CEX, taxable event def changing etc. They will make it extremely inconvenient to use crypto as a financial instrument for speculation for anyone but wealthy institutional investors. I don’t care about the tech, I want to speculate on crypto’s value and make money.

[Anonymous No.29994052]

>>29993482

See here. That’s what I’m saying. It’s very good for btc :)
>>29991425

[Anonymous No.29994192]

>>29994052
haha

[Anonymous No.29994262]

>>29993969
Well I don't know what that "doesn't" means here, you can look up the MC and estimates trade volumes for silver if you want. but they do it with gold too which is inarguably a bigger financial asset than BTC right now. I just think silver is a better example because of how similar the two assets are

[Anonymous No.29994288]

>>29990336
>This is basically good news for Bitcoin.

[Anonymous No.29994323]

>>29989762
But is that a bitcoin backed paper or its just accounted in bitcoin price without cover?

[Anonymous No.29994352]

>>29989898
>short BTC
>No BTC appears on the market
It's completely different, you know.

[Anonymous No.29994363]

>>29989762
>Futures
They will be cash settled. This is really bad.

[Anonymous No.29994468]

>>29990455
Goldman Sachs trading BTC futures is literally what crashed the market in 2018
some people are saying they're going to long it this time - maybe they're right

but this is hardly a guaranteed good thing

[Anonymous No.29994584]

>>29993991
they can try, decentralized exchanges are where the action is going to end up if they push too hard though. speculators will end up taxed whatever they do, if theyre trading, thats just how society has worked for a long time.

>>29994262
gold is bigger than bitcoin, my point is silver as a store of value is a mirage, and its legacy status makes it very easy to push around, bitcoin being an actual bullish asset is a lot harder.

[Anonymous No.29994616]

They're going long this time. Not entirely indicative of BTC's future, but I don't think they're going to short since thats what people expect

[Anonymous No.29994734]

>>29994584
lol okay well when you get done being mad at silver you should look up what derivatives do to commodity trading

[Anonymous No.29994742]

>>29989762
>>29989838
>>29989898
>>29989899
>>29989907
>>29990329
>>29990425
>>29990523
>>29990642
>>29990575
>>29991343
>>29991534
>>29993888
bobo niggers, please riddle me this
Grayscale owns 3.5% of all circulating BTC
Exchange supply is at an all time low since 2019
Average realized profit just hit an all time high last month since 2018
If they're going neck deep in shorts, just with WHAT bitcoins are they going to short this you outback rice-eating niggers

[Anonymous No.29994786]

Did somebody say futures for bitcoin

[Anonymous No.29994929]

>>29994323
futures are bets. every short has a long taking it.
you need an index and the funding or the settlement deadline will make sure that price of future tracks close enough.

[Anonymous No.29994963]

>>29994363
Yep, but for now just wait for the high to hit.

[Anonymous No.29994996]

>>29994734
i, along with most people, just dont care about silver, thats the point. its easy to manipulate markets like it. comparing the bitcoin market and its trajectory with silver is just a bad take

[Anonymous No.29995491]

>>29994742
They don't need BTC to settle paper contracts in cash, that's the whole fucking scam of fractional banking lmao

[Anonymous No.29995641]

>>29994996
>comparing the bitcoin market with silver is just a bad take
not true, they are incredible similar as far as MC and trade volume go
>comparing bitcoin trajectory with silver is just a bad take
true, good thing no one ITT did that

[Anonymous No.29995877]

>>29993969
Bitcoin moves 10% in 24 hours all the time.

[Anonymous No.29996030]

>>29995877
he means they won't be able to manipulate it 10% as much as they have silver, not that they won't move the price 10%

[Anonymous No.29996085]

>>29993104
What a complete house of cards the finance sector is...

[Anonymous No.29996115]

>>29992799
>People can just call them out on their bullshit when the numbers don't add up.
That would be antisemitic, anon

[Anonymous No.29996167]

>>29996115
kek but also sad :(

[Anonymous No.29996280]

>>29996030
I'd argue the reason we see 10% change already is manipulation

[Anonymous No.29996494]

>>29994742
>>29995491
wrong
do you think GS will just short any open market without having the guaranteed power to manipulate it?
They could on btc crashing with billions of dollars, but how would they control its price action? It would require them to convince some massive fucking whale to dump it, so they either have some insider info or insider multi-wallet multi-millionaire whale that will be paid by them to dump some unholy amount of bitcoin on the market, or they're about to go long, and start manipulating the market with the infinite amount of fiat they have, it's always the path of lowest resistance that wins anons, i'm not saying they will never short btc, but it's very clear which position they're going to take so early in the market

[Anonymous No.29996504]

>>29995491
Fractional banking only works in trust based systems. Bitcoin is trustless. You can print as much paper as you like saying you own X amount of Bitcoin, if GS does not hold Bitcoin, it can not short bitcoin because they can not influence the actual trading at all. They are essentially just setting up a fake exchange if we go by the bear fud. A fake bitcoin exchange has no bearing on the actual market of bitcoin.

[Anonymous No.29996651]

>>29996494
>it's always the path of lowest resistance that wins anons
well considering we are up about 20x from the bottom and in 2017 futures drove us into the ground, the path of least resistance is down

[Anonymous No.29996659]

>>29996494
Bitcoin may very well be a good investment going forward, but all the people here who still think crypto is some secret club are in for a rude awakening. The big money institutions are rolling in, and they will take over the market just like they do with the stock market.

[Anonymous No.29996922]

>>29996504
>if GS does not hold Bitcoin, it can not short bitcoin
>A fake exchange has no bearing on the actual market
seriously anon, go ask the people in /pmg/ about how this works. there is literally nothing about btc that changes this. they will buy 100k BTC and use it to short sell 10m

[Anonymous No.29996927]

This is extremely bearish.

[Anonymous No.29996989]

>>29996927
Why dont they fuck off

[Anonymous No.29997006]

>>29996927
>THIS TIME IT'S EXACTLY THE SAME

[Anonymous No.29997127]

>>29996989
(((because)))

[Anonymous No.29997214]

>>29996927
>>29996659
>>29996651
Can someone please invent a coin that detects purchase and swap attempts by (((institutional investors))) and immediately fatally electrocutes them through their computers?

[Anonymous No.29997221]

Blessed be you all.
BTC 222k eoy

check those digits

[Anonymous No.29997258]

>>29997006
its a good reason to hedge

[Anonymous No.29997280]

>>29997221
Damn, so close

[Anonymous No.29997354]

>>29996922
It only works because Gold and Silver are already corrupted. Nobody can check whether or not they hold all that Gold and Silver. Its all just paper based. And as I said before, it would only work on their own "exchange". They can not do this on actual exchanges.

[Anonymous No.29997431]

The Jews have cut off your bullrun prematurely it seems, the meltdown alone next week will be absolutely worth it lmao

[Anonymous No.29997850]

>>29997214
parsiq is working on this

[Anonymous No.29997877]

>>29996927
except they never opened their trading desk BECAUSE it crashed anon
https://www.businessinsider.com/goldman-sachs-retreats-from-launching-crypto-trading-desk-2018-9?IR=T
get btfo'd

[Anonymous No.29997883]

>>29997354
First of all, they corrupted metals easily, fractional banking has a much much much shorter history than gold and silver does in the financial market, so something not being corrupted doesn't protect it. Second, metals do have actual exchanges, they are gold and silver dealers lol. And physical metals carry a premium from "actual exchanges" because everyone knows they have more inherent value than derivatives. This doesn't stop spot price from dominating the physical price lmao. Also, look at dogecoin, a huge amount of the recent volume for the pump went into robinhood, which is NOT an actual exchange and did not back every position with doge, and yet because RH number when up, "actual exchange" number went up. You have to be the most idealistic person on earth to think they won't manipulate the price the same way they do every single other commodity on the face of the planet

[Anonymous No.29998154]

Can an anon who made it send an assault team to C4 bomb Goldman Sachs in New York ?

[Anonymous No.29998189]

>>29997877
Well doesn't this just trump the narrative of this entire thread and every other thread like it. Funny the article is behind a paywall so no one will read it and just post the same FUD nonstop over the next week leading to a BTC crash they'll blame GS for. Funny indeed.

[Anonymous No.29998328]

>>29989762
>he doesn't know

[Anonymous No.29998337]

>>29997877
they need the market cap above a certain level i guess. they will not play in the kiddie pool. too shallow.

[Anonymous No.29998385]

>>29996927
>>29996651
>>29995491

From the article:
>Goldman sachs is taking steps to set up a Bitcoin ETF
They are going all in

[Anonymous No.29998457]

>>29998385
non-deliverable forwards
the fuck that is? i'm too lazy to google

[Anonymous No.29998500]

>>29989762
They always dump it

[Anonymous No.29998589]

>>29998457
They put your money in the roulette instead of you.

[Anonymous No.29998662]

>>29998500

Nope.
It's gonna pump to oblivion.
Check'em

[Anonymous No.29998688]

>>29997883
I still stick to my statement. Bullion banks are powerless because they do not participate in finding the prices, they are just retail stores.
With Crypto there are decentralized and centralized exchanges that all serve the purpose of price discovery 24/7, one pseudo exchange alone can
A) not deliver the liquidity needed to manipulate
B) not attract enough buyers and sellers
C) not hide the real price of BTC over prolonged periods.

[Anonymous No.29998850]

>>29990575
riggers gonna rig

[Anonymous No.29998966]

>>29989762
Ohhhh no no no
NO FUCK
NOOOOO
AAAAAAAAAAAAA
FFFFFUUUUCKCKCKCKKCKCKC FUCK FUCK FUCK FAAAAAAAAA

[Anonymous No.29999636]

Newfag here,did this happen in 2017 before the crash ?

[Anonymous No.30000055]

>>29989762
It is over. These kikes will crash the market again. They really thought of everything so they could make you eat the bugs.

[Anonymous No.30000397]

>>29999636
Yes. It was announced exactly at the peak of the bubble, as a matter of fact. Now, bitcoin will probably still reach ATH in the next 3-4 weeks but it won't last long and it will crash HARD right after it along with the american stock market. Be very careful when you sell.

[Anonymous No.30000447]

>>29999636
>>29997877
>>29998189

[Anonymous No.30000538]

>>30000397
you are a nigger, see
>>29998189

[Anonymous No.30000826]

>>29997877
>>29998189
two options: GS wanted to go long but decided against it and turned down the best buying opportunity of the past 5 years, and only now are deciding to buy the top, or GS wanted to go short and missed their chance, and finally see that chance again

[Anonymous No.30000926]

bullish af

[Anonymous No.30001018]

>>29998688
>>29997883
No answer?

[Anonymous No.30001392]

>>30001018
I tried to explain how derivative manipulation works and you just stuck your fingers in your ears and said "I disagree", not much to respond to

[Anonymous No.30001515]

>>30001392
You didnt really entertain my arguments.
You just said: It was easy to manipulate because the bullion dealers didnt care and the spot price mattered. Yeah, it mattered on centralised exchanges that all hinged upon the actions of a few financial criminals.

[Anonymous No.30002265]

>>29998688
>>30001515
okay, well I feel like I already responded to your points but lets go over it again
a) the only need a fraction of liquidity because they use a derivative model, they could buy 10k btc and short 1m btc worth of contracts if they felt like it
b) GS are massive, and they are not the only option. a huge amount of money already goes through pseudo exchanges like CME and RH, this is just opening the floodgates
c) the entire point of price manipulation is to hide the real value of things lmao, simply saying they can't is literal cope

[Anonymous No.30002356]

>>29994742
>He thinks Jews need actual buttcoins
What is the $?
What is $SLV?
What are oil futures?
Jews can literally print numbers out of thin air on their databases and say an asset is backed 1:1. They own the system. No one will tell them shit. How do you think they made coronabux fagot? As antisemitic as I am, I must admit, Jews are the masters of this here game.

[Anonymous No.30002473]

>>29989762
Shit where do I remember this from?
Seems familiar

[Anonymous No.30002580]

>>30002356
It seems like Islam is the answer.

[Anonymous No.30002689]

>>30002265
So they would just lend money to themselves to leverage their shorts? Honestly no idea how that would work. The selling pressure would be non existant in that scenario, because price discovery of bitcoin is not solely decided by these pseudo exchanges. RH is not an exchange, they buy and sell but they dont connect buyers and sellers, the fact that they can not fulfill their obligations and that they might do reserve bullshit is a valid concern but the volume on not just Robinhood but also the hypothetic GS exchange is laughable. The price fluctations will also never really be a good long term indicator of demand, because the amount that is being traded on exchanges is far lower than the amount being held off exchanges and the derivatives wouldnt change that fact. I mean exchanges with precious metals are limited by nature of the physical supply. Bitcoin is freely and easily tradeable and traceable. It just doesnt make sense to physically hand literal tons of gold over via the NYSE, but a billion in Crypto can easily be traded in seconds.

[Anonymous No.30003509]

>>30002689
Maybe we are running into a problem with English. Are you a native speaker? Pseudo means not real, so saying RH isn't a pseudo exchange because they aren't an exchange doesn't actually make sense. And yes, they will create a DERIVATIVE lmao idk how else to explain that to you other than telling you to google what that is. The whole point of derivatives is allowing buys and sells to take place based on the price of something without actually having to buy or sell that actual something lmao

[Anonymous No.30004012]

>>29989762
Oh god not again

[Anonymous No.30004590]

>>29996659
>big money institutions dick BTC back down to 5k-10k so they can be whales at a discount
>buy BTC when this happens

Sounds good to me fren

[Anonymous No.30004991]

>>29996659
The biggest difference is crypto doesn't have the equivalent of SEC (((regulators))) to shut it down and rewrite the rules whenever institutions lose and goyim make too much money. Most institutional investors are only going to buy into established boomer coins so chasing shitcoins will still be the Wild West and outside of institutional influence. I'd also bet the average retail crypto trader has a much higher balance than the average retail stock trader plus crypto has a lot more whales that are unaffiliated with institutional investors than the stock market so it won't have the same great white shark vs minnow dynamic as stocks.

[Anonymous No.30006233]

>>30003509
How are you going to write a derivative onto the chain? I think you keep missing the point being made.

[Anonymous No.30006345]

Is no one setting up a BTC 50k waiting room by the way? We're at 49,268.

[Anonymous No.30006423]

>>29989762
>Futures
>Nobody BTFO
You know they can short it right?

[Anonymous No.30007157]

>>30006233
Thank you for voicing your opinion. The other guy doesnt get it. Bitcoin is a trustless public ledger, you can not just create paper saying "I have X bitcoin lol, trust me and gib me leverage"
Bitcoin is the antithesis to fiat, derivatives and trust based systems.

[Anonymous No.30007307]

you all think GS would have to BUY bitcoin to short it? are you aware of all the tax haven unregulated exchanges that are operating right now? said exchanges are literally the sole biggest holders of corn. You don't think these jews would manage to flip some exchanges to do their bidding for them?
Also protip: derivative exchanges impact the price of the market just as much as the actual spot market. Algos and bots run this show. Somebody overruns the derivatives with shorts, the bots will arbitrage the price down on spot exchanges.

[Anonymous No.30007397]

>>30007157
this is wrong. We're not playing with 15m bitcoin when there are derivative markets for bitcoin. No you can't withdraw more than the existing coins, but you can effectively trade with more than 15m corn and manipulate the price.

[Anonymous No.30007451]

What about Crypto trading platforms? Do they actually store all the crypto they sell tokens for?

[Anonymous No.30007468]

>>29991992
soon we will have IOUs for bitcoins, ETFs, paper bitcoin, fractional bitcoin banking and everything else in the financial Jungle that bitcoin was trying to abolish

[Anonymous No.30008054]

>>30006233
>write a derivative onto the chain?
What the literal fuck are you talking about, do you think they carve each share of SLV onto a silver bar?

[Anonymous No.30008185]

>>30007468
Bitcoin wasnt trying to abolish speculation. Bitcoins main goal was to become digital cash, untainted by central banks and authorities. Speculation is to be expected, and if people want to leverage themselves 125 to 1 then so be it. The only gripe I have is with the argument that Goldman Sachs can just mint pretend bitcoin. Leverage is one thing, but paper Bitcoin is not going to happen. Bitcoin ownership can not be made up. It's the key to bitcoin's value.

[Anonymous No.30008325]

>>30008185
>paper Bitcoin is not going to happen
anon, the CME has been trading BTC futures for years now...

[Anonymous No.30008444]

>>30008054
Again. The limitations of physical goods forced people to use paper instead which is highly dangerous and relies on trust. With Bitcoin you can not just lie your way into ownership. You either have it or you dont. And if they want to leverage themselves 125 to 1 Bitcoin then theyre free to do so. Does it add to the volatility? Yes. Does it matter in the long term price discovery? Hardly. The value of Bitcoin is that it is unlike Silver and Gold. It does not rely on make belief and reserve banking frauds.

[Anonymous No.30008447]

>>29989762
fake screenshot

[Anonymous No.30008602]

>>29991969
oh yeah just like when the ar15 guys came out when they said you cant work and locked you up in your house? lol

[Anonymous No.30008623]

>>30008185
how fucking uneducated are you on this subject? take 5 minutes to do some reading before spewing this braindead crap.
you cannot create bitcoin out of thin air and withdraw it to a wallet, that is correct, HOWEVER, that is not what anybody is trying to explain to you. you CAN create bitcoin out of thin air to trade and manipulate the price with, especially when these dogs only settle their trades in CASH, it does not benefit them if the price goes up.

[Anonymous No.30008668]

>>30008444
>With Bitcoin you can not just lie your way into ownership. You either have it or you don't
Oh my god are you actually this naive? You can say this about literally any commodity. How is this any different than saying "if you don't hold physical metals, you don't own metals"? it's literally the exact same thing

[Anonymous No.30008684]

>>29990742
>>29990430

it is, and it isn't.
BTC is a uniquely valuable asset and will always be, but also, 'crypto' will grow to include things like connecting regular business transactions to blockchains. these use cases will gain value independent of BTC eventually, it's inevitable

[Anonymous No.30009015]

>>30008623
So it's just a market that is entirely removed from the actual good's market, and just relies on the price of the underlying commodity.
Remind me again how this can result in manipulation. Anybody can trade a gazillion bitcoin papers on a secondary market and it will not influence the price itself. It will only influence the price of said paper. The fact that Precious metals are so easily manipulated is that they are not being traded freely, due to the bullion fees/premiums and the problems that arise from physical goods. I am pretty certain that all the derivatives in the world can not hide the true price. Just like the housing bubble could not hide the real state of the US economy and the over leveraged households and Banks.

[Anonymous No.30009179]

>>30009015
>So it's just a market that is entirely removed from the actual good's market, and just relies on the price of the underlying commodity.
>Remind me again how this can result in manipulation.
Anon, have you been living under a rock for the past 300 years?

[Anonymous No.30009532]

>>30009179
Whatever. The problem is not a Bitcoin problem, it's just a central bank problem, because this kind of criminal speculation is everywhere, the pump and dump, boom bust is the name of the game of cheap money. So it's kind of useless to debate.
The spot price matters and over time it reigns supreme.

[Anonymous No.30009854]

>>30009532
oh man anon, this is why I know you are out to lunch. spot price is the opposite of actual price, spot is decided by paper lmao. if you can buy an ounce of minted silver or gold at spot price and get it delivered, post your ETH wallet and I will send you money
>of course you can call delivery, if you are one of the 8 banks on our preapproved list that is...
I wouldn't even be surprised to see premiums appear on crypto, if you want to trade on a real exchange, price will be 5-10% higher than spot

[Anonymous No.30010845]

>>29990283
Yep, we're going to fucking Andromeda.
>be bearfags
>"It actually was different this time.."
Bobo's will be completely BTFO for all eternity.

[Anonymous No.30010886]

>>29990283
delusional bulltard

[Anonymous No.30011267]

>>30009015
are you a noob?
>buy asset
>short sell asset futures
>dump asset on market, tanking price
>profit from futures

[Anonymous No.30011489]

>>29990283
Stock to flow is fud, it does not account for 50% of fiat expansion in 2020 + 50% commodities price rising + chip shortage.

With asic chips shortage we are having a second halving effects as miners no longer have to sell btc to buy new asics and as supply chain inflation increases electric costs will go up causing two other halving effects.

BTC will be around 1M usd in 2023.

[Anonymous No.30011546]

>>29989762
HERE WE FUCKIN' GOOOOO

[Anonymous No.30012233]

08900

[Anonymous No.30013511]

>>29993888
lol @ that pic

[Anonymous No.30013675]

So many seething nocoiners itt lmfao, reminder that a single btc will get me a kilo of gold next week if I wanted, but I don’t cause it’s going nowhere