How fucked are we?

Are we even fucked with these news?

What is the right answer guys?

George Soros will likely try to short btc to the ground (and since futures are cash settled, that means he can buy a """small""", direct btc position, while making a large cash-settled future bet, and then proceed to reflectivity.exe the crypto market.)

At the same time, an institutional investor such as George Soros, signalling loud and clear that he will enter the market will likely lead to others doing the same. And regardless of whether these assholes are "long" or "short" the fact remains clear: in the short term they will have to invest their capital (and thus raise the price of btc) in order to play in the market and looking at things more long term: cryptocurrencies will be bullish due to their censorship border-less nature.

What do you anons think?

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if something like Request succeeds at having an easily accessible fiat pairing for every coin out there Bitcoin won't matter anymore
Soros is probably aware of that but who knows

>buys bitcoin for billiions
>crashes the market with shorts and selloffs
>"hehe goyim i told you it was a scam all along"

He'll burn through crypto for a quick buck like he does with everything else he touches. If he's ruined entire countries before, crypto probably doesn't stand much better of a chance.

theory a:
traditional markets collapse due to trade wars, debt bubble popping and soros already balls deep in crypto. media is just confirming that he is in already. normies will flock into crypto soon once all institutional money flows in.

theory b.
he pumps crypto to the moon, once normies flock and think they never have to work a day again, he pulls the plug.

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You're absolutely retarded here guy. Nobody gives an absolute shit about your ass coin. This is about the crypto market as a whole. Everything (((Sorros))) touches becomes a shit show. This is not good for us if he does to crypto what he did to the currencies he shorted.

Why do you niglets talk about this as if it's Soros himself who sits on the computer in his underwear clicking away?
And why do you utter complete morons think rich people would crash the value of something? Do you know why they don't? Because they realize that the only thing scaring away everyone does is making nobody buy anything. Good job, you have all the bitcoin in the world. Shame nobody wants to buy.

OP was literally only talking about Bitcoin
also if anybody wants this market to not be a joke it has to be looked at as more than Bitcoin

Not sure what his game is, I wouldn't say he's going to short it immediatly to shit although thats a very good possibility. From what I read in the news article he said that BTC would always be favorable with corrupt governments to ''offshore'' money, so obviously the devil figured that buying BTC at certain time points can work out very favorably since there is always a demand for cryptocurrencies like BTC or Monero w/e. Meanwhile he probably thinks its a bubble and wants to short our dreams.

I think you're wrong.

Soros is not a major short seller. I think he has sensed the bottom and wants speculative gains.

Ok Jow Forums i'm going to break it down for you

The reason we went to 6k and 6.5k from ATH was because this faggot and his trading group were doing their usual tricks from the shadows and in complete secret

Them being open about it isn't the warning of the crash, it's the mark of the reversal, expect soon enough massive big media promoting crypto

it's going up for now for sure. soros will crash it from 300k to 30k lol.

Yea btc will pump 1 more time then btfo all bag holders

I think you could be right. He famously said "If want to buy $300 million of bonds, so start by selling $50 million. I want to see what the market feels like first."

I actually agree with theory b . Soros won't and can't short btc without first propping up the price from the price slippage of a big player like him entering the market*. With that said, other big players that will follow Soros lead will have to equally buy into the market if they want to eventually short it as well. Further raising the price.

For me, this is bullish, as Soros will add legitimacy to the market. I really don't like the fact that he has gotten in this "early" but it is what it is.
*technically he could if he uses otc trading but I have no idea how available is the infrastructure for that sort of buy.

>George Soros will likely try to short btc to the ground

proof or fuck off

he wanted to feel the pink wojaks?

If he takes a short position, BTC crashes, we buy the dip. After hes done shorting it he will go long, we get rich. Best news ever.

>implying he'll ever be done shorting

This faggot is a shorting legend. Read his bio br0.

as much as i hate the jews and think insider jews are the deep root problem of many things, george soros is not buying or maniuplating btc

Didn't this faggot lose a billion dollars shorting the stock market after the election? He's on a losing streak

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He's down over a billion dollars unrealized. Now he's doubling down in crypto. Degenerate gambler

im guessing you only got into trading recently, soros likes to crash currencies and markets.

I wish I was rich enough to lose a billion dollars and still have multiple billions

To crash something it has to first be inflated.

> “When I see a bubble forming, I rush in to buy, adding fuel to the fire,” he said in 2009. “That is not irrational.”

You should try actually reading 'The Alchemy of Finance'

Everyone seems to just know about his short of the pound and assume that Soros just shorts things.

>implying he didn't start the massive bullrun last year
>implying he hasn't been crashing the market for months

You don't know what shorts are do you?

How the fuck would he short it? What possible broker would take the other side against him?

my biggest issue is the fact that George boy is deciding to make his move so early in the game.

We still don't have reliable decentralize exchange technology.

we still don't have crypto to fiat bridges/apps that make easy to buy in and out of the market.

we are still at the mercy of regulatory bodies and we have yet to gain a countries support for btc.

Impressive

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is that really his wife?
you'd think a billionaire could do better, so what if he's ancient and looks like a demonic handbag, money's money

It will be over sooner at least. Either this will accelerate the collapse, or start to reverse the downtrend.

So you guys know Soros will destroy the market. Why are you still in crypto? Don't you believe in your own fear mongering? Hell seeing you just know he's gonna actively destroy, why not jump into shorts?

Why would he even pump BTC, ironically he can make more pumping LINK from 0,7 to 1000 USD.
He shoerted british pound.
This faggot goes after the strongest beast and kills it like a tropky.
Gives a lot of dopamine. Man who killed british pound, now he wants to enter the history as the one who rekt BTC.

this, one thing is for sure and that's the market is gonna see big movement one way or the other. which is good because sideways makes me more depressed than crashing

this

I thought this was just some fake news, but holy shit this fucking devil is actually going to enter the market? Only a matter of time until we see another bull run.

P.S fucking take profit this time anons. Just take some profit.

He probably shorted from January, but is now announcing his presence in crypto markets.

just a reminder, he has a HUGE position in overstock. he probably bought into BTC around that time.

Different game though. How can he "ruin" it? Shake out the pajeets endlessly? Cool, holders just keep buying the dips. The price floor just creeps higher. Anyone in this to the endgame isn't selling - especially not below 6k.

>George Soros will likely try to short btc to the ground
Nah. He would have shorted it in January. Unlike Jow Forums, he's a smart man.

These are the anons that get it. When are you 19k bag-holders going to realize that by the time you read something in the news, it's already too late.

You're expecting Soros to short the market NOW? You're expecting a giant crash NOW? So you think it's all a coincidence that we've already seen a massive crypto crash these past few months and then Soros shows up out of nowhere?

He's been in since at least December and rode these coins all the way down. As usual, Jow Forums, you're too late by the time the story hits the mainstream news.

He's already bought at this point.
He made the announcement to attract some dumb money

>Everything (((Sorros))) touches becomes a shit show
>The firm was founded in 1969 by George Soros[1] and in 2010 was reported to be one of the most profitable firms in the hedge fund industry,[2] averaging a 20% annual rate of return over four decades.

he actually has the Midas touch.

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