Bitcoin

fmyth

WKR
Joined
Mar 14, 2019
Messages
1,848
Location
Arizona
I have do doubt that GS is buying up bitcom with both hands. But make no mistake, Goldman is not buying to hold. They will hold until just before the bottom falls out of the retail market. They will be selling with both hands while retail investors are wondering what’s happening. It’s called a pump and dump
That's a serious and bold accusation. What evidence do you have to support your claim that the second largest investment bank in the world is involved in a "pump and dump" scheme? Goldman Sachs has been in business since 1869. You don't stay in business 156 years running "pump and dump" schemes on the public.
 

fmyth

WKR
Joined
Mar 14, 2019
Messages
1,848
Location
Arizona
i believe it's basically a house of cards and mostly fraud, which is propping up the liquidity & price of everything. maybe i'm wrong, but that's the bet that i'm putting my money on.
By "putting your money on it" do you mean you are backing up your outrageous claim by shorting Tether? If you have the receipts why not place the bet?
 

slowcal

FNG
Joined
Feb 11, 2025
Messages
11
By "putting your money on it" do you mean you are backing up your outrageous claim by shorting Tether? If you have the receipts why not place the bet?
no, i'm not shorting tether. I'm not aware of any good ways to short it, but even if i did, I don't have any insight on timing a downturn, so i think it's best to just avoid it. "Markets can remain irrational longer than you can remain solvent” - John Maynard Keynes
 
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