With futures hovering over the market, will there ever be another bull run?

[Anonymous No.9619994]

https://www.ccn.com/bitcoin-price-drop-from-20000-likely-due-to-market-manipulation-traders/

Seems like institutional investors can curb stomp the market whenever they please. Am I wrong?

[Anonymous No.9620009]

>>9619994
the notion that futures will prevent an asset's value from rising is pure voodoo fud.

there are futures on gold, oil, all kinds of commodities, and they have all experienced fantastic appreciations in value that follow "bubble"-esque cycles.

of course traders can "manipulate" the market but only as much as they're willing to put in to risk. if they want to sell all their shit and buy in lower, then well, that's how the market's going to go. futures or no futures.

[Anonymous No.9620089]

Bitcoin will never reach an ATH again.

Crypto is now a closed system.

[Anonymous No.9620241]

>>9620089

>closed system
case in point. pure voodoo fud.

[Anonymous No.9620364]

>>9619994
ccn.com is just awful

[Anonymous No.9620460]

>>9619994
Ok. Here's my enlightened view.

Yes, it was a pump and dump. They spent months pumping Bitcoin only to dump it and short it with the new futures contract. Who did this? The same people who make the futures contract exist in first place. Wall Street and the SEC. Good luck reporting the manipulation to the SEC then! They are behind it.

They shorted Bitcoin in two ways:
-first, using the cash settled futures
-second, borrowing a shit ton of Bitcoin from a early adopters - one of them was Roger Ver. Remember when Ver transferred 25k Bitcoin to Bitfinex? They also borrowed from Mt. Gox.

If you look at /biz/ archives, a lot of people were aware of what was going on. This was something we discussed a lot here. So I'm not at all surprised. A lot of people decided to take the hopium pill, saying it would keep going up forever and selectively finding 'evidence' to support a bullish view.

The good news is that eventually the shorts will be closed, so we can expect a big green upward move at some point, likely before eoy.

[Anonymous No.9620506]

>>9620460
When will we see green? I want to the good old days of /biz/ back.

[Anonymous No.9620531]

>>9620506
Whenever we find a bottom and people who shorted at the top conclude it's time to close the big shorts.

[Anonymous No.9620540]

>>9620531
My thoughts are pic related.

[Anonymous No.9620581]

>>9620540
Maybe. It's anyone's guess. But I don't think we're going to run horizontally for such a long time because that's not profitable. The big shorts want volatility to make more money. Selling power is already losing steam at 7k, so I think 6k might be the bottom. Before eoy those guys will close shorts and long, but first they need to wait for the right conditions.

[Anonymous No.9620601]

>>9620581
I really hope so. This is such a boring market.

[Anonymous No.9620619]

>>9620241
There is literally no new fucking money coming in, we are all just fighting over scraps on our IDEX shitcoins. One coin pumps, another dumps, and so on.

[Anonymous No.9620629]

>>9620460
>If you look at /biz/ archives, a lot of people were aware of what was going on.

Yep, this was discussed in detail all over. EXACT predictions of how alts would pump as well. People knew, it was fucking obvious, but emotions get the better of a lot of us and we held on anyway.

[Anonymous No.9620642]

>>9620629
This.

[Anonymous No.9620650]

BTC won't rise, definitely never see anywhere near 20k as it is a worthless shitcoin that refuses to scale.

Once BCH breaks out we'll see a real bullrun.

[Anonymous No.9621281]

>>9620460
My thoughts exactly i sold before crash now looking to get back in between 200b-270b mcap. How do you guys track the addresses of satoshi, roger ver, mtgox and the like? Where can I find their addresses?

[Anonymous No.9621401]

>>9619994
Oh yes there will be another bull run but now mah frens maybe not gonna happen this years but 2019 will gonna crazy af m8.