SilverDoge wrote:I've taken out perhaps my initial position, but that is about it. Much of my crypto stack is in smaller cap stuff or items that haven't even launched MainNet yet (DBET, QRL, WGR, Tezos, etc) so it either wouldn't make any sense to cash that out, or I actually can't (like XTZ). The banks and Wall St want exactly this: capitulation and your BTC as cheap as possible. I'm not giving it to them. Those futures markets are CASH settled. They hold zero bitcoin. They have the option to take delivery of zero bitcoin.
The way I see it, if somehow the banks are able to actually control bitcoin, then exchanges will begin using other trading pairs that the banks don't control. Currently if you want to kill an alt, just knock out BTC and that will assist. But what if you had atomic swaps, DEXs, and cross-chain real time trading (Loopring) where you don't even need BTC? Take away the bank's supposed power. Haven't I told you this is going to be a war? We don't pack our things and go home simply because the enemy has shown us his cavalry displayed across the battlefield. Let's dance!
Oh how i missed our conversations..
Those are all fine, I'm just getting out of the way for a little bit. The small cap stuff is fine if your long term. I'm in DBC, HVN, NAV, NEO, OMG, ETH for the next wave. I do think a number of banks were able to get control of some btc by buying ( like Korean government insiders ), by means of XRP. Banks were able to get xrp at next to nothing and sell it to the general public for $1-3 trading xrp for eth and btc. With the meteoric rise of ripple, promoted by ripple, media, and banks no less. My conspiracy theory is, they were late to the party, hyped ripple & xrp and got a bunch of BTC dirt cheap because they don't use that stuff anyways. This gave them the ability to manipulate BTC price on both ends by owning and from the futures contracts. My plan is to ride it out when it dips and go back full force and buy back at a discount. I'm not planning to exit completely, but enough to feel relaxed through this wave and watch without any anxiety. You sir, have nards of steel, me, nards of silver (for sale) or maybe gold, which in .9999 is pretty soft. Let them have this battle, as the war continues.
Other conspiracy theory, Jamie Dimon operates Bitconnect and now bitconnectx..
According to the numbers, please feel free to correct me. http://www.cmegroup.com/trading/equity- ... tcoin.htmlhttp://cfe.cboe.com/cfe-products/xbt-cb ... in-futureshttps://www.investopedia.com/news/first ... red-10900/
Jan 17, 2000 contracts at 1:1 on for CBOE
Jan 26, 1087 contracts at 5:1, CME
means ~5400 vs 2000 Did i read those right?
Next one for CBOE
February, 8840 for CBOE on Feb 14
And tether printing factory..