Visiting nostr:nprofile1qqspcm9j9xtt42lfyx7dghytvgfm9k4sjmuguja9v7x585v45xrg25gpz4mhxue69uhhyetvv9ujumn0wd68ytnzvuhszrnhwden5te0dehhxtnvdakz786mrnl during a rip adds a layer of drama.
Love it. I got mine as an actual assertion from a relative. Statism is a crippling disease.
Gonna riff off thisβ¦
βRegulations help drive innovation.β
Trading chickens for quilts? π
On the comment reward: to disincentivize single user spamming, is this selected from npubs who commented, rather than the entire pool of comments? I know someone could spin up infinite npubs but at least that would require effort beyond mashing the keyboard.
Stocks are dumping, bitcoin is ripping.
Let's test out nostr:nprofile1qyd8wumn8ghj7mn0wd68ytnnw4jx7cmpwfkx7uewvdhk6qgjwaehxw309ahkvenrdpskjm3wwp6kyqpqe85mms9s8ssm6vm6ztw0tdrr6j0a4l5gf2sjhw2scxpwnexmaxuqke6td7 100000
tch-kee
See y'all after Easter βοΈ
π Long Rekt: 310.20 BTC on Binance @ $80747.33 ππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππππ
This degen just lost $25,048,064.01.
https://relay.utxo.one/a494b2c71299d365344a19d2408ffcefaa1c2413157b46b6f5477e9a08e38a4a.webp
GM coffee people.
We have GMs here in the midwest.
In case you've never heard this term in this context, here you go. They want you in debt and they think it's funny.
#debt #creditcard #deadbeat
How would large institutions such as nation states manipulate the price of bitcoin in a way that allows them to purchase more without the price immediately rebounding?
Manipulating the price of Bitcoin, especially for large institutions like nation-states, involves complex strategies that aim to influence market sentiment and trading activity. Here's a breakdown of potential tactics:
1. Coordinated Disinformation Campaigns:
* Spreading False Narratives:
* Institutions could disseminate negative news about Bitcoin, such as regulatory crackdowns, security vulnerabilities, or environmental concerns, through various media channels.
* This could create fear and uncertainty, leading to a sell-off and driving down the price.
* Strategic Leaks and Rumors:
* Releasing carefully timed, unverified information can trigger panic selling.
* Conversely, they could release positive but delayed information after they have made their purchases.
2. Market Manipulation Tactics:
* "Spoofing" and "Layering":
* Placing large, fake buy or sell orders to create the illusion of increased supply or demand, then canceling them before execution.
* This can manipulate the order book and influence other traders' decisions.
* "Wash Trading":
* Simultaneously buying and selling Bitcoin to create artificial trading volume and inflate or deflate the perceived market activity.
* Large-Scale Sell-offs:
* Institutions with significant Bitcoin holdings could execute massive sell orders, triggering a cascading effect and driving down the price.
* Utilizing Derivative Markets:
* Taking large short positions on bitcoin futures exchanges, which can magnify the effects of downward price movements.
3. Regulatory Influence:
* Implementing Restrictive Regulations:
* Nation-states could introduce regulations that limit or prohibit Bitcoin trading, creating a climate of fear and discouraging investment.
* Selective Enforcement:
* Enforcing existing regulations unevenly can target specific exchanges or individuals, creating uncertainty and instability.
4. Gradual Accumulation:
* Over-the-Counter (OTC) Trading:
* Large institutions can purchase Bitcoin through OTC desks, which facilitate private, large-volume trades that don't significantly impact public exchange prices.
* DCA (Dollar Cost Averaging):
* Making small, consistent purchases over a long period to minimize the impact on price fluctuations.
Key Considerations for Rebound Prevention:
* Creating Sustained Fear:
* The goal is to instill long-term doubt in Bitcoin's viability, preventing a rapid price recovery.
* Controlling Information Flow:
* Suppressing positive news and amplifying negative narratives to maintain downward pressure.
* Utilizing Illiquid Periods:
* Performing large sell offs during times of low trading volume, so that the price is impacted more heavily.
It's important to note that Bitcoin's decentralized nature makes it challenging to manipulate completely. However, large institutions with significant resources can exert considerable influence.