A thought experiment
........ It rallies to $5350
My long gets cashed out. The short gets a little larger. Not that much without a long covering.
Then it drops , and smashes through all support to $1150
The short gets cashed out too. I am flat, quite a bit richer and flabbergasted.
Then the unthinkable happens... and it drops again
to $530.....
Markets are haywire, trading platforms freezing up, going off line, metric sites are spewing out jibberish
On Finex it flashcrashes to $75
Coinbase flashcrashes to $50 and goes offline
The price rises to $750 and stabilises for 6 hours
Still stymied, I'm scrambling to digest what the fuck happened.
My questions on the WO thread remain unanswered, my attempts at a rational discussion submerged in noise and weee's. I consider putting Proudhon on ignore, but eventually decide against it.
I try to buy physical if I get the the time.
It drops to $350 and becomes stable for a day........... What are you guys doing at this point and up to this point? what is your next move? are you rekt? are you happy, are you trading hand over fist? are you drinking? are you jumping out of a window?
I'm richer and probably a bit greedier. If I have any fiat left, I might buy some more physical, but won't be trading for at least a few days.
(Bonus question- Bitcoin SV OR Bcash or Ripple or Doge or ETH or some other shitcoin is simultaneously going parabolic and either Craig or Rog or Vitalik are on youtube shit talking about how they are now number one, what are you doing? did you FOMO SV or Bcash, Doge or ETH or rando shitcoin? or no because rekt, rage quit, drunk etc)
If it's SV going parabolic, my bcashABC short would probably turn into a significant asset. Provided it's still open: I haven't cashed it out yet, but the itch grows stronger every hour.
Sorry I know its sordid and dark.... but I am curious to your answers
especially if they are amusing
Oops. Amusing. Ehm, sorry, I hadn't read that final word until, uh, the end.