Topic: warning - bitcoin futures. Get coins off exchanges ! - page 2. (Read 666 times)
Why should we get off our bitcoins from all exchanges. thats just a FUD.
I respect people's predictions, projections and even the spread of FUD as they are all part and parcel of an open market. We have to admit it that at some point in our own Bitcoin story we had been induced by false information thinking they were right and then we learned our lessons...as if the loss we incurred were the necessary tuition fees we have to pay. This scenario painted by the original poster is something we have to see if it can really come true. As what we understand, nobody can pretty much predict the details of what can be. At least we are warned and it is all up to us to do something about it or not.
I dont know exactly how it will work if bitcoin has big marketcap?
But if its happen mean they have so much bitcoin more than we can imagine.
Actually more people prefer to store their bitcoin not in exchange wallet.
But if its happen mean they have so much bitcoin more than we can imagine.
Actually more people prefer to store their bitcoin not in exchange wallet.
USDT = is already being accused of running shady
Exchanges = almost all of them are centralized
Storing btc and crypto in their individual wallet is safe but as price volatility is quite high we can loss so much in possible dump within next few weeks.
There is no option right now for us to hedge against possible correction after this huge rally. I am still trusting exchanges and USDT with my coins and fiat so that I will not loss anything during huge dumps.
I also think whales from wall street gonna manipulate market more than what Chinese used to do.
Exchanges = almost all of them are centralized
Storing btc and crypto in their individual wallet is safe but as price volatility is quite high we can loss so much in possible dump within next few weeks.
There is no option right now for us to hedge against possible correction after this huge rally. I am still trusting exchanges and USDT with my coins and fiat so that I will not loss anything during huge dumps.
I also think whales from wall street gonna manipulate market more than what Chinese used to do.
Yup! As we are seeing the price pump in a mileage right now and we can reach a new All Time High that's gonna be the start for some manipulators or big whales to dump their bitcoin, yes this is a possible outcome now that the price is heading to a new beginning,
Let's just be ready for that big dump or correction that is about to happen but the crash that some are predicting are not gonna happen bitcoin had a huge sum right now even if it dips I think it will be in the $8000 mark or $7000 value and not what people spreading some FUD on the forum.
Is there a source about this futures-scenario? An article? Who is dealing them?
It's very hard to prove, but it is long been suspected to happen in the gold market.
What makes me suspect it is the limit on withdrawals on bitcoin And the fact that the futures is settled in cash , not bitcoin.
The last time I read about CME buying bitcoins future and all that stuff was like this " CME and other few big companies are waiting for their proposal to be accepted "
Well up until now I don't think they have still got their hands on bitcoins because it will start around january 2018 ^ thus the initial rise of bitcoins right now .. is in now way related to the CME or other big Whales! Thus for few more months we can be assured and still hold on.
Also they are going to hang for the long run.. fhey won't dump the bitcoins suddenly thus.. we can expect a year or two of tremendous growth.
Thus its safer to hold your bitcoins right now..!!
Well up until now I don't think they have still got their hands on bitcoins because it will start around january 2018 ^ thus the initial rise of bitcoins right now .. is in now way related to the CME or other big Whales! Thus for few more months we can be assured and still hold on.
Also they are going to hang for the long run.. fhey won't dump the bitcoins suddenly thus.. we can expect a year or two of tremendous growth.
Thus its safer to hold your bitcoins right now..!!
Is there a source about this futures-scenario? An article? Who is dealing them?
That's a different and very serious claim you are making!
I don't think that people should store their Bitcoin on exchanges, but if you are saying that they aren't in cold wallets, rather they are beng loaned out (like fractional reserve banking) that is a fairly big claim.
There is this thing, it's called the Block Chain, if what you say is actually happening, then it should show up there. Show us your work!
When futures are available, I expect less volatility, not more.
I don't think that people should store their Bitcoin on exchanges, but if you are saying that they aren't in cold wallets, rather they are beng loaned out (like fractional reserve banking) that is a fairly big claim.
There is this thing, it's called the Block Chain, if what you say is actually happening, then it should show up there. Show us your work!
When futures are available, I expect less volatility, not more.
People MUST get their coins off all exchanges!
Yes, that scenario is likely to happen, but why get all off exchanges ?
I have never been fond of keeping my holdings on exchanges.
Only the value of their BTC will change, not the fact that the BTC they hold on exchanges is theirs ?
Unless the exchange gets hacked, I miss to see the point of your advice.
Coins laying on exchanges can be borrowed and sold short driving the bitcoin price down. If the furures are also shorted then huge profits can be made by those with deep fiat pockets and the bitcoin market can be whipsawed and made to scare off investors.
Even if they say they don't lend your coins on the exchanges, how would you ever know ?
USDT = is already being accused of running shady
Exchanges = almost all of them are centralized
Storing btc and crypto in their individual wallet is safe but as price volatility is quite high we can loss so much in possible dump within next few weeks.
There is no option right now for us to hedge against possible correction after this huge rally. I am still trusting exchanges and USDT with my coins and fiat so that I will not loss anything during huge dumps.
I also think whales from wall street gonna manipulate market more than what Chinese used to do.
Exchanges = almost all of them are centralized
Storing btc and crypto in their individual wallet is safe but as price volatility is quite high we can loss so much in possible dump within next few weeks.
There is no option right now for us to hedge against possible correction after this huge rally. I am still trusting exchanges and USDT with my coins and fiat so that I will not loss anything during huge dumps.
I also think whales from wall street gonna manipulate market more than what Chinese used to do.
People MUST get their coins off all exchanges!
Yes, that scenario is likely to happen, but why get all off exchanges ?
I have never been fond of keeping my holdings on exchanges.
Only the value of their BTC will change, not the fact that the BTC they hold on exchanges is theirs ?
Unless the exchange gets hacked, I miss to see the point of your advice.
The danger is a whale can buy short futures. Then he sells all his bitcoin. The price crashes as other sellers exit, he covers his shorts and buy back all his btc. This is how markets are manipulated with futures. And it's about to happen with btc. Bitcoin has been free of wall street manipulation until now.
You have been warned!
And where are they going to get the huge amounts of bitcoin to sell short and crash bitcoin. ? From the exchanges ! Remember big exhanges restrict withdrawals and they signed the New York Agreement for sw2x. ie.They have indicated their desire for centralized control.
People MUST get their coins off all exchanges!
You have been warned!
And where are they going to get the huge amounts of bitcoin to sell short and crash bitcoin. ? From the exchanges ! Remember big exhanges restrict withdrawals and they signed the New York Agreement for sw2x. ie.They have indicated their desire for centralized control.
People MUST get their coins off all exchanges!
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