http://blossom.happytavern.co/c6b38dece26fb42e950400ed3c93e94cf1e16380a192490cb545b2ff56a0e727
Discussion
Again? 😂
Some of you still haven't understood that if most people store IOUs on CEX the marketmakers and naked short can print any profitable number.
It doesn't even matter that 15 M coins are in self-custody when paper markets define the price with only 1M real coins.
Bitcoin value on CEX is arbitrary and easy to manipulate. You want 80%+ of the volume traded on DEX.
Agree. People are still not grasping self custody.