Well, I didn’t dig very far into “ulterior motives”, which certainly make this spam in substance as well as frequency. ShortCoins’ very first post, here preserved in case it gets deleted (subject: “✨✨✨ Time To SHORT For Massive Profits!! ✨✨✨”):
Currently there is not adequate methods to bet on both sides of bitcoin.
But this is all changing starting on December 10th, 2017!!!!
The downfall has already begun B)
Wallstreet is about to collude and drive the price of bitcoin to the ground. 400+ Billion USD is the amount of profits that are up for grab by shorting bitcoin and altcoins. Wallstreet thrives when the USD $ is strong. They also thrive using questionable practices of collusion and market manipulation. Theres no way they are going to let crypto currency get in the way of their profits. There is also 0 chance that 99% of the world is going to agree to adopt a currency that has inflated 15,000% by the first 1% to adopt it. Crypto will certainly crash before the remaining 99% of the world population agree to get scammed by the intial 1% of investors. Wallstreet agreed to add options for crypto because it is in their best interest to create a way to short. They will also collect huge on Fees.
The smartest players who drove prices will start to cash in, and then bet on the downfall. Everyone is going to be scrambling to collect in on this 400 Billion USD that was generated off, essentially, a Ponzi Scheme. You can certainly make a lot of money off a Ponzi Scheme as long as the next guy in line continues to buy into the hype. Institutional investors are about to make tons of money off options. Financial leverage is one of the biggest benefits of trading options. I predict the downslope will be as sharp as the rise.
Good luck, invest responsibly
After I
casually questioned the legalities of FUDding Internet forums while holding a short position on a regulated exchange, ShortCoins started repeatedly, vehemently denying that he holds a short position;
e.g.:
Nullius,
You are making yourself look more and more like a clown. Obviously the boards are public. But you come on each and every single board I make to post your bullshit. All of which you just make up on the fly including dumb allegations of FUD and sockpuppetting. I just laugh because of how off you are every time you try to make an assumption about me.
YES, my screen name is a play on words for Shorting Crypto. You are so smart figuring out that Short Coins stands for shorting coins. How the heck did you figure that one out? Let me take back what I said about your dumb comments on FUD and Sockpuppetting because you are a borderline genius for figuring that out.
Just cause my screen name is ShortCoins does not mean I have a short position on bitcoin, you dolt.
Do you stalk people in real life or just on forums? Weirdo.
…and several others I can’t be bothered to link now. “Doth protest too much.”
It would be implausible to suggest that this not be a lame attempt at profit.