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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 421.32-0.5%Jan 16 4:00 PM EST

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To: Haim R. Branisteanu who wrote (166620)1/2/2021 8:15:30 AM
From: Follies  Read Replies (1) of 219431
 
From my little understanding of bubble charts BTC is being unloaded by the bigger players,
My guess is the bigger players are trying to get in not out.

If BTC was a stock the board would be issuing more shares like Tesla. But no one can issue more BTC. The rate of new BTC is known, constant, and small.

There may be a crash in the derivatives of BTC but not BTC. I expect to hear a large whale is beached because someone in the organization decided it was smart to write billions of contracts to deliver BTC which cannot be delivered and marked to market results in billions $ lost.

This is reminiscent of the sub prime market when Kyle Bass was buying insurance against losses for loans he didn’t own. It’s one thing for me to buy life insurance on my life, it’s another thing when a million people buy life insurance on my life. I wouldn’t want to be me then.
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