If you buy Bitcoin and keep it at the exchange, you are net short, you are contributing to the price of Bitcoin going down, even if your goal is higher prices.
Here's why:
Listen to me pleb, this is important.
1/n
@LayahHeilpern No, they’re not funding or buying bitcoins. They don’t want bitcoin to succeed, so they are trying to create a floor anchor. It threatens their business lines
@Route2FI Freedom to me is not working at a large beaurocratic corporation doing things I have no interest in to get a paycheck. Sitting there at a desk from 8-5 to prove I’m ‘working’ so unhealthy and yea, just not true freedom
@twobitidiot@TuckerCarlson Next can we call it big banks specifically? Is there a concern that as part of the quorum deal JPmorgan got a controlling stake at Consensys, which owns metamask and leads ethereum projects? Would be great if messari dug into this!
@Celinchain Question where do u scoop these small cap alts? When it’s not on KuCoin I go to uniswap but gas is crazy. Is there a polygon or L2 swap that works and charges less?
@scottmelker Liquidity drying up. Apparently 1% (0.25 x 4 this year) is the end of the world and investors don’t want “speculative” assets. Will be good to see BTC detach from the Nasdaq and just rip in its face. Then investors will fomo in, and this time I take profits