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i mean for all markets, but crypto are just situation squared and 100x the amount of fraud (the entire industry is basically a fraud, with almost no exception)

I don't hate USD, i hate Tether because they print unbacked Tethers, therefore making themselves a fraud and a ponzi scheme For now, the peg is 1$. But will it always be? The CEO when asked on CNBC whether can they guarantee they will always be able to redeem Tethers for 1$, he said "I can't...

yesh, but when the tide finally shifts most will lose everything

This only applies to your way of trading, which is in&out on a daily basis. What if i want to make long term bets? It's the opposite of your strategy that 100% relies on you getting the timing right or if it drops a few points you get stopped out. It's like buying insurance (low cost with high...

Maybe i am trying to figure out if i am right or not? It beyond obvious, but maybe there is something that i am not seeing.

We are at such a bad point. The reality is that the situation could NEVER be worse, yet the stocks are at ALL TIME HIGHS. What i am trying to imply is that there is some correlation between the stock market and economy. In reality, they are correlated one to another. But we have gone so far...

For as long as Tether fraud is alive, the dips get bought. There are infinite Tethers to be printed. For as long as Tether is pegged to the dollar, situation is somewhat under control; and so is the price of Bitcoin. If Tether loses peg to dollar, they will sell Bitcoin to save face... and...

Crypto is the last resort for everyone. If you can't make it in real world, you go to crypto. According to Saylor, Microstrategy would have failed if it weren't for crypto. Jump Trading might have blown up in trading so they resorted to pump and dumping shitcoins and ponzi schemes (LUNA/UST and...

The rats are leaving the ship. They are selling so they will be able to pay the fines to the government and not spend a lifetime in jail. This is just how government does business. And it's ingenious. They let the criminals and fraudsters run free to scam and rob as many people as possible...

Your only hope here is that charts look so bad that traders are shorting bigly (negative/neutral funding rates are implying so also), and the Tether fraud will accumulate those shorts and pump the market back higher. The fact that Bitcoin is so fucked at this point is your only savior at this...

You are fooling nobody. You were bearish at the lows and sold the bottom then got bullish at the top and longed the top! https://www.elitetrader.com/et/threads/btc-lower-high.380386/ https://www.elitetrader.com/et/threads/btc-smashes-69k.380453/

I had to bring a bucket near my desk while reviewing monthly charts. Everything looks so bad, i might have as well puked. Crypto is beyond fucked at this point. You can hope and pray the Tether and Bitfinex fraud do some more manipulation and pump it back to -wherever- before inevitably this...

One system tries to create economic growth, the other one is driving up manipulative bubble with no socio-economic benefits. Bitcoin does or produces NOTHING. It wastes TREMENDOUS amounts of energy only to solve ARBITRARY mathematical equations and contrary to common belief it IS NOT...

There are some similarities, in a sense that both systems are using fractional reserves. But the difference is that one has authority to do so by the government, while the other is a criminal organization run from god knows where. It's a question of IF not WHEN they get shut down. (it seems...

Let's not forget before tether "switched" to US treasuries, they were allegedly holding majority of their billions in commercial debt. Commercial debt is apparently a small market(not many dealers of big size) and nobody has ever heard of Tether, ever. If there was such a buyer in the market it...

Where lies the catch? Why isn't everyone doing it if it's the easiest?

Have you ever heard about the classic fable about the frog and the scorpion? Bernie Madoff banked with Jp Morgan. Cantor Fitzgerald gives this scheme 0 credibility, more so it creates a false sense of trust. If it turns out to be a fraud, could we be surprised that a banker has screwed...

when you invest in Bitcoin you are de-facto investing in Tether. If Tether is a sham, Bitcoin price will be (potentially catastrophically) impacted.

he never said how much treasuries are they holding. I believe they have some. But i don't believe they have as much as they claim to have. It's evidence free that they have the money also. If they have the money, then why can't they have an audit? And it's reasonable to be suspicious.

Keep on dreaming! Bitcoin is on the verge of collapse. The only hope right now is the fact that Morgan Stanley will be approving Bitcoin ETFs on August 7th and the advisors will be allowed to solicit ETF purchases (apparently you couldn't trade them before, or did i get that wrongly)? Also...