Information for reflection.

in #trading6 years ago

In January, I expounded the idea of ​​adding Bitkoy futures, because everyone reacted positively to this news, we saw growth of up to 20,000 dollars, but this news is not bright, why? The US unequivocally oppose botcoin, they can not somehow forbid it, but at the same time try to control it. Why did they refuse to register ETF for bitcoin? Because the ETF must have a basic security asset, if you buy an ETF on bitcoin, it must be provided with a real bitcoin on the broker account. A futures contract is not bitcoyne, ie, when buying futures, you can not take a signal to a cold store or pay them somehow. It's just a speculative tool. You open a position, for example, to buy 1 cue ball at 15 000 dollars, close it at a price of 16 000 dollars, you will receive 1000 dollars to your account. If I wanted to bring down the cue ball, having a lot of money, I would do so:

  1. A long time to buy a huge amount of bitcoin directly to the market, raising the price in any way. In the end, buying them almost continuously without kickbacks, creating a strong growth. Maybe Tether did just that.

  2. Start trading bitcoin on a controlled platform and make sure that everyone is guided by the price of this platform.

  3. Legislatively prohibit the trade of bitcoin on unauthorized exchanges. By the way, you can not trade on bfinex, if you are a US citizen.

  4. After many people switch to fyuchi, active sale of bitcoin on all stock exchanges will begin, sending the price down as much as possible, simultaneously opening many short-futures deals. One option is to FIRST open shorts on futures and then sell the cue ball on the main stock exchanges. The people will get used to the fact that the fuchs fall first, and then the cue ball on the stock exchange, and they will focus on the futures exchange rate.

  5. All this is supported by some negative news about the cue ball.

  6. The course falls with a stone down, people are bought, but sales volumes are so big that you remain an investor, or you sell at a loss.

  7. The rate goes up to $ 6000-7000, then bounces back up to $ 10,000-12,000, then the smooth decline begins almost without rebounds. The HYIP level falls. People cease to believe in eternal growth. Within a few months the rate is up to $ 2000-4000. In all media will write - the bubble burst. The course will for a long time hang out at this level, and as soon as the latest "hamster" sells its cue ball, everything will start over a new one in a few years.

Why did I remember this?

Now I'm watching a picture of how bitcoin is exactly following the CME futures exchange rate. Only the course on CME refreshes hai, as soon as motion begins on bitfinseks.

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