DrJLT

BTC biggest pump and dump yet (crash next Monday?)

BITSTAMP:BTCUSD   Bitcoin / Dollar
Supposedly, the recent series of rallies are motivated by the launch of future contracts on major options exchanges. Now, trading has begun on CBOE             , but what's the volume? At this point it seems to be just a little over 2k: http://cfe.cboe.com/cfe-products/xbt-cboe-bitcoin-futures

2k in 7 hours on the first day of trading -> probably not going to be much over 5k / day for a long time -> meanwhile, on bitcoin             exchanges the volume has been over 800k / day.

Obviously, this is the biggest pump & dump scheme in this market yet. I suspect friends of these exchanges, perhaps including some major banks, have already huge positions on bitcoin             . Once they've made enough, there'll be a huge dump.

It's not meaningful to look at the charts for a hugely manipulated asset. I think it'll do exactly the opposite of what you think. Once the market has reached consensus that this is a new paradigm, and that bitcoin             will be 1m or 100m -> it'll crash to 1 or 2k.
you keep saying that for two weeks now and bitcoin didn't crash yet :D
i hate bitcoin
Antworten
Interesting, but don't you think this is possible?

Antworten
DrJLT VicentSus
@VicentSus, yes it is.
Antworten
Surely it would be a mistake for big institutionals to rush in on the first cycle. They'll wait and see. Maybe do so trials before committing large volume to futures trading.
Antworten
yes i have come to the conclusion this is all about increasing the liquidity and market cap of bitcoin and crypto as a whole as such six figures next year entirely possible
Antworten
DE Deutsch
EN English
EN English (UK)
EN English (IN)
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Startseite Aktien-Screener Devisen-Screener Krypto-Screener Wirtschaftskalender So funktioniert es! Chartmerkmale Hausregeln Moderatoren Webseite & Brokerlösungen Widgets Stock Charting Bibliothek Feature-Anfrage Blog & Nachrichten FAQ - Häufige Fragen & Antworten Hilfe & Wiki Twitter
Profil Profileinstellungen Konto und Abrechnung Meine Support Tickets Support kontaktieren Veröffentlichte Ideen Followers Ich folge Private Nachrichten Chat Abmelden