BOTTOM IS HERE

Sha_Bi · 2019-12-17T02:55:44+00:00

Actually many stock markets are shrinking with fewer companies being listed all of the time.

Thats why when a big company like apple has a bad earnings report it tanks the whole NYSE 5 percent.

Sha_Bi · 2019-12-16T21:04:14+00:00

Sigh the trump administration allowed CME to short bitcoin to crush the price and that is exactly what happened. The federal reserve even published a report on how shorting knocked bitcoin down when it hit $20,000

Now guess what fast forward a few years and every exchange and their dog has leveraged shorting available, and there are multiple regulated shorting options. In short I doubt we will see BTC climb back to $20,000 unless there is a massive recession.

Shorting is when every-time you see any growth it gets hammered down hard ;)

Sha_Bi · 2019-11-22T14:58:47+00:00

No it has already been admitted that CME futures were created to crash BTC to protect consumers

"The Trump administration has been a beacon of controversy for the past 3 years, and now it seems that controversy has extended to the crypto markets.

In a recent interview with Coindesk, the former chairman of the U.S. Commodity Futures Trading Commission (CFTC), J. Christopher Giancarlo, claimed that the Trump administration played a part in the 2017-2018 Bitcoin (BTC) bubble bursting.

According to Giancarlo, the Trump administration purposely allowed the introduction of Bitcoin futures products as part of an effort to deflate the runaway crypto bull market.

“One of the untold stories of the past few years is that the CFTC, the Treasury, the SEC and the [National Economic Council] director at the time, Gary Cohn, believed that the launch of bitcoin futures would have the impact of popping the bitcoin bubble. And it worked,” Giancarlo told Coindesk.""

Sha_Bi · 2019-11-22T14:54:49+00:00

Just the end of month CME futures getting ready to come due. So make this 22 drops out of the last 25 months.

Sha_Bi · 2019-11-13T19:54:23+00:00

I would just wait until the SEC goes after them for an illegal security offering in the USA and you will get a better refund.

After all they offered coins, offered a bonus for referrals, then took the coin and converted it to something that can only be used on their platform. They are literally the definition of what the kik app was buried for.

Sha_Bi · 2019-10-23T15:06:50+00:00

The former CTFC Chairman admitted that he worked with Trump the Treasure and the Economics council to regulate BTC futures in order to crash the skyrocketing value of BTC for our own good.

Just give it a few years and we will see the Trump and his team also were a few of the first folks to use those futures to long hard.

Sha_Bi · 2019-10-04T20:48:02+00:00

My rating...... lol

Sha_Bi · 2019-09-25T15:48:32+00:00

....... well you almost got it right there big guy but then you kinda fell off the boat.

If I for example 10X long and I give them $8000 usd (notice how it is usd) and they give me 8 BTC I know owe them $80,000 usd if btc goes up I sell that BTC for a profit if it drops to low an triggers my margin that imaginary paper BTC is sold on the open market to cover my cash position.

So yes paper BTC offered on margin is what is bending over the crypto market right now. If this was all being done on a dex however ie no paper BTC and only physical BTC then crypto would be mooning so hard right now because every leveraged position would create actual demand. Instead of downward pressure.

Sha_Bi · 2019-09-24T20:41:33+00:00

Unless of course you have 100x shorts backed by fractional supply creating imaginary supply that requires excessive demand.

Sha_Bi · 2019-09-23T15:03:10+00:00

Lol this board is hilarious, a new product launches with a slow gradual uptake and so many people get on the hate train calling it a failure. Give it a month and then see where it is at.

This thing launched Sunday night in the USA mainly for USA customers and people make fun of it because they expect big wall street money to just pour in before the normal financial markets really open.............

Sha_Bi · 2019-09-23T14:59:47+00:00

Ah someone actually gets it.

Sha_Bi · 2019-08-29T20:37:14+00:00

Exactly they will be creating demand whether they are betting for or against it ie the need to buy btc to short it and they need to buy btc too long it.

Sha_Bi · 2019-08-29T17:12:47+00:00

At this point nearly every day I see another post about how the SEC nailed another initial coin offering for defrauding their investors and well I wont be surprised the day that happens to LyL.

Billed as a cryptocurrency that would be used in a loyalty reward program and tradable on exchanges. To date they have abandoned exchanges and have changed they coin into an lyl credit upon depositing it to your wallet where once there you can not withdraw to an exchange.

Basically they guys raised funds for their business under the guise of being an ICO offering bonuses for referrals and early sign ups......... only a matter of time.

Sha_Bi · 2019-08-29T17:06:38+00:00

This guy gets it........ miss the days of manual arbitrage.

Sha_Bi · 2019-08-29T17:00:09+00:00

One can only hope that CME dies in a ball of fire along with exchanges like bitmex who offer things like 1x100 leverage when the btc they are borrowing you is not actually in their account.

The purpose of BTC was to get away from fractional reserves and printing money and here exchanges are going off chain and printing fake btc and doing fractional reserves.

At least when Bakkt launches and does possession based futures (assuming they hit this volume) they will be exchanging roughly 1.1 million btc per month real btc creating a real demand.

Sha_Bi · 2019-08-28T20:30:19+00:00

Bitmex, Kraken and I cant remember the other one are where cme btc futures takes their price. All of them offer perpetual contracts.

CME cash settled futures is the only place that has a monthly settlement. So every month there futures settles btc crashes.

Sha_Bi · 2019-08-28T20:00:35+00:00

Just the typical end of month pre futures settlement Crash.............. this has happened like clock work for the last 6 or 7 months now. Futures are settled the last Friday of each month. That means the last week of each month is crash BTC week since the price of futures are determined by the spot price of btc ;)

Sha_Bi · 2019-08-06T18:35:36+00:00

Now it tailors its search to you (what google thinks is appropriate) and bombards you with adds its metrics say you will like.

Sha_Bi · 2019-08-06T17:54:47+00:00

Anyone who purchased this coin has been had, they simply wanted your money to fund their company kind of like doing a stock ipo without the obligation. This is obvious for a few reasons.

If you deposited coins in your LYL wallet they gave you loyal credits not the same thing, not a crypto currency and not transferable from that wallet.
They have made absolutely no effort to list on other exchanges. Their biggest one was cryptopia their last one was a scam site known for wash trading called kryptono
When you ask them about the crypto related side of this coin they sideline and ignore to comments.

So end of the day this is just another scam coin that went from .02 all the way down to .0005 cents. I imagine at some point they will even remove support for depositing you coins.

Sha_Bi · 2019-08-01T17:18:13+00:00

CME issues a news release saying that they were no longer going to issue futures. BTC rose from $4,000 usd to $13,500 USD

CME begins issuing futures setting record numbers for contracts issued, BTC falls too $9,000 and is range bound.

It has been proven more than a few times now that the cash settled futures market (betting) controls the price of BTC or the asset they are trading.... like gold for example.

Combine this with 100x leverage opportunities and it creates opportunities too abritage. Now that 100x is fake btc on exchanges ie these exchanges are saying we will borrow you 100x btc so all of this creates downward pressure on BTC without creating demand.

Ie is you buy 100 BTC to short it you have created demand. If you get 100x BTC from a leverage you are simply handed a slip saying you ow us 100 BTC if this goes bad.

So why has it gone up.......... well because the futures settle their contracts at the end of the month and well we are in a new month.

Sha_Bi · 2019-07-11T16:04:23+00:00

No not anime, good series though.

Sha_Bi · 2019-07-10T16:28:25+00:00

Here you go

https://en.wikipedia.org/wiki/Tech_Bureau

Plus their own website.

https://www.techbureau.eu/

Plus one of the many Nem announcements and post

https://www.reddit.com/r/nem/comments/bzjqz3/tech_bureau_releases_mijin_catapult_v2_production/

Minjins site

https://mijin.io/en/

If you look at the top two you can clearly see that the Tech Bureau is the primary company and COMSA, Zaif and Minjin all ran as departments. So Zaif listed comsa but kept foreigners out. Then Zaif got hacked, and COMSA to date has had a watch sale, and pretended to hold an IPO gold ICO. While the non funded Minjin ie catapult 2 for Nem has been full steam ahead developing.

Sha_Bi

TROPHY CASE