Subnostr

Markets are never rigged? Is that what you are claiming? No company has ever paid a fine for rigging a market???

I am talking about bitcoin, not whatever markets you are talking about. Banks and hedge funds break laws all the time and get fined for it. They rehypothecate gold, the short sell equities without borrowing the underlying, and so on.

Everyone's trying to make a buck. But imagining that a group of people are somehow suppressing the price of bitcoin, which is the most free and open market in the history of human civilization, suggests you don't really understand how the markets work.

Tell me, if you would, exactly how "they" are suppressing the price of bitcoin?

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Discussion

Robert Gremillion 1y ago

Please explain 5 months of no $btc week day up days… not one. Supply and demand no worky.

BitcoinStu 1y ago

well for starters that's simply not true. You can look at the CME bitcoin price, which does not trade on weekends. Plenty of up days.

BitcoinStu 1y ago

Since late june at the local high, there have been 26 trading days on CME and 8 of them have closed up. So I'm sure sure where you're getting you're data but "no up dates" is just factually inaccurate.

Robert Gremillion 1y ago

Again - speaking about a 2 hour window

Robert Gremillion 1y ago

There’s still one hour left for them to knock down the price today. Let’s see what they do…