Does this mean we are dumping straight to 1k or below or will there be a pump and dump?

Does this mean we are dumping straight to 1k or below or will there be a pump and dump?

Either way, it sounds like there's never been a more reliable time to open some short positions. Easy money.

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Other urls found in this thread:

bitcoinist.com/institutional-investors-incoming-sec-formally-considering-bitcoin-etfs/
reuters.com/article/us-israel-hungary-soros/israel-backs-hungary-says-financier-soros-is-a-threat-idUSKBN19V1J4
twitter.com/NSFWRedditVideo

> Soros: When I See Bubbles, I Buy Them

You realize this guy isn't just some short-selling monster that shorts every market into the ground, right?

Soros has been shorting since $19k, just that there's heavy resistance on $6k now so roll out the fud, first it was the India ban,now his supposed arrival in the market. Literally nothing but media manipulation. Either way crypto is dead.

>shorting the bottom.
being this dumb. if you wanna get rid of your money why dont you just flush it down the toilet. it would be much quicker.

Yes user, Soros made his billions by waiting until a market dropped 70%-80% and then decided to get in and start short positions. Why is Jow Forums so fucking retarded?

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god being old must suck. He doesn't notice the fucking drool hanging off his lip

OP here again. Forgive my being a brainlet, people are saying things like "short BTC to the ground" but how does a large number of open short positions cause the price to fall?

We are going to sub 1k my fren. Probably to 800.

when you open a short you are selling btc

If I am understanding it correctly I am borrowing BTC and selling it at the current price, then waiting to buy back when the price dips to return the BTC from whoever I borrowed. A large number of new shorts would just push the price sideways, no?

If crypto wins he loses.
Because he is not an early adopter.
He will crush bitcoin to the ground. We are talking $100 btc. Then he will see if it is possible to control the whole mining scene. When he sees that it cannot be manipulated 100% crypto is kill. Unless he is willing to let go some degree of control because of the massive gains. Then he will become one of the biggest crypto whales and we will see the biggest bullrun yet after which he will dump/short hard and then we will get steady growth.
But my guess is that the minute he realizes that crypto cannot be totally controlled like fiat he will kill it or literally die trying.
The only ones that could save crypto are the ones that will forget about fiat prices and still vouch for it for the tech and the real world use some of the projects have.
But price wise and market wise crypto is fucked. Most shitcoins will die.
Legit projects will remain but lose 95-99%of their actual fiat value.

On Jow Forums, people are only bulls or bears. The concept of traders that trade both ways is beyond these fucking losers.

bitcoinist.com/institutional-investors-incoming-sec-formally-considering-bitcoin-etfs/

The btc price for 20k wasn't low enough for the 1%. Now at 6k they bring in the cavalary.

Kek
Short the bottom long the top

Fool.

The dude does seem to find the worst way to go about things though. Doesn't help that in old interviews he laughs and says he sees himself as a good or he loved working with the Nazis.

Correct. This far-left assclown has FAR more money than sense. Literally anything is possible with his retarded money and lack of logical thinking

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Bruh this dude single handedly crashed the british economy a couple years ago. If you think the whales are bad now just wait for him to start playing the market. But i do agree that biz is retarded.

Soros is fed up with fiat he wants revenge, pumping hard

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you dont get to his level of power without logical thinking brainlet
he knows exactly what he is doing

Do you really think this guy just accidentally became a billionaire?

Always do the opposite of what biz says

BUY HIGH, SHORT LOW. ~absolute state of Jow Forums 2018.

couldnt have said it better

so i should open a short right now? im so fucking confused...

Can anyone give me the rundown on how he successfully shorted the British pound or whatever? How'd he actually decrease the value of the currency?

Does Soros visit /biz?

So wait, the new meme is 1K now? Ok. I'll expect to see it baldly repeated ad nauseum now.

Because it organically tanked and then it has the weight of him on top of it to depress it even more until he closed his short

How does his open short impact the price?

/ourbear/

neither does most of biz and they're mostly in their early 20s.

>he loved working with the Nazis.
Why wouldn't you?

he literally worked as a banker for Nazis and was in charge of accounting wealth stolen from jews, while being a jew himself. shitter is a litteral satan incarnate

>was in charge of accounting wealth stolen from jews
Jews stole it from the Germans first in Weimar times. Soros is an accelerationist who just wants to watch this kiked world burn, Jow Forums dislikes him for no reason.

Soros is hated by jews and nationalists alike. Soros associating his name with crypto may give governments an excuse to ban crypto as a tool for terroists in the future. China can argue on those grounds, especially if another color revolution sponsored bySoros knocks on their doors
reuters.com/article/us-israel-hungary-soros/israel-backs-hungary-says-financier-soros-is-a-threat-idUSKBN19V1J4

what do you mean? you dont get where he is by being lucky. he has twice the IQ of all biz users combined. and i feel pain deep in my heart while saying this but its the truth

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I doubt he started from nothing mate

What a stupid tweet, crypto morons will literally invent anything to make them feel better, i guess when youre 80% down all you have left is hope

Hope he buys as much coins as possible and dies so the coins die with him. Bull market then

SELL SELL SELL
GET THE FUCK OUT BEFORE HE MOVES, HE'S SINKING THIS SHIP AND IF YOU'RE A SMART WHITE MAN YOU WILL ABANDON THIS SCAM MARKET AND SAVE YOUR MONEY FROM THEY!
Seriously. If you want to fight the culture war, you cannot afford him a single penny. Cash out, exit, leave, whatever, and post proof or you prove you're nothing but all bark but a little bitch who probably is an infiltration agend on behest of liberals.

All this fear, all this blood on the street.
Was this what he meant all along?

this picture made me have to go beat my dick
now im back fuck you

he actually had a logic backing his decisions. Nazis would've stolen it anyway, so it might as well be him. I don't think I would've done anything differently. It's about adapting to your environment and thinking how a very shitty situation can actually benefit you

babby Soros' first short

Meanwhile /bizpol/ would just blame everyone else for being in a shit situation. It's why most here will never actually make it since they're more busy with playing the victim than adapting and seeing solutions.

>he loved working with the Nazis.
Reading through his ((wikipedia)) page he was 13 when he was a delivery boy for the nazis and by his father's guidance he warned the jews he delivered documents to that they're gonna get deported. Doesn't look like he was that bad when he was Yung Soros.

This, and also he knew that with enough pressure the Bank of England would be forced to devalue to protect the economy. So, it was like, as long as he could hold on long enough, BOE would eventually socialize the losses that became his personal profits.

He went on to do the same thing in dozens of other countries.

He has never made money honestly.

You are borrowing and can sell at whatever price you want. Technically you dont even need to sell, you can give back the same btc you borrowed, the other party dont care.

He's been shorting since 19k, now he wants to pump it to 100k so he has more liquidity to short at the top.

100% serious.