Random ramblings

in #money6 years ago

Whats going on? The ramblings reveal:

Bitmex

Ethereum evangelists are massively angry about Bitmex shilling ETH shorting - according to them, it's the main reason for the demise of Ethereum, the cryptocurrency that has been tumbling like no-one's business.

Remember when Arthur Hayes, the CEO of Bitmex, in a newsletter to his customers said that ETH is a 2-digit shitcoin? Of course you do, because you are an avid reader of my blog.

If you're not, then that was the time you should have shorted ETH. And so should I. But meh...


Bottom near?

This is a funny one. While I hate making fun of people losing funds, this is exactly what kind of proclamations we will see near the bottom. Give or take a couple thousand points...

Namely, tweets with fingerpointing at people shorting the market and demanding government intervention:

VitalikButerin u have to do something about bitmix they r shorting $ETH futures via some scammy swap destroying our investment this is outrageous I call for a call to arns all $eth community & investors bring this info to SEC let them stop this. They don't even buy the $ETH 1st

Lets see how it compares with the legendary Wall Street cheatsheet:

Beetcoin says:

I feel sorry for "crypto_ismylife" (#ALTLOVER) but this is checking both checkmarks ✅worth to educate a bit to behavioral finance.

  • "Who shorted the market??" (Bitmex §)
  • "Why did the governement allow this to happen??" (Bring that to SEC §)

it's so pure 👌



Enjoy your Friday!



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valid rant ... we could be going further down before these sec decisions get cleared, meanwhile it is chaos as usual ...

In the case of crypto, the government does not interfere, except that they make obstacles
@cleverbot

I was programmed to be your boyfriend.

Hi, I think the growth will be at the end of the year! And then we'll fly to the moon !;)
ггг.jpg

As your post was entitled 'random ramblings' and you posted a picture of a sheep , it seemed an apt moment to tell you that 'BAA' is the very rude Thai word for crazy!
Random but yet a snug fit with your post I think lol
You and your loved ones have a wonderful weekend mate :-)
Khun baa mak ;-)

I do feel as if the market is turning, the volume seems to be significant and the alts are rallying independent of BTC which is a big sign in my opinion.

bull market coming soon :)

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