I don't have enough pink Wojaks for this

I'll just go long right now then beat them before they switch positions

Kek

so the mother of all short squeezes might happen? nice

but why? why would people out of all times sell the bitcoin once an issue like this gets settled for the foreseable future? why won't exchanges trade against them, given every one is most likely a scam? this is the most obvious bait ever and everyone is taking it

This is a bait so big there are not enough red flags to cover it.

So everyone holding their BTC will make the price go down?

meaningless

bfxdata.com/positions/btcusd

wew lad

some big boys are putting on some big bets

But if no one is selling because they are all poised for a short, then its going to go up.

So based on 24hr volume this is over 1 days worth of volume short. This is looking tasty for a short squeeze

Literally the potential for an PnD is there...no scammy group needed. Just need to coordinate buyers to force liquidation.

When short BTC in a fork does that mean you also owe BCC at fork?

This is....interesting.

Follow up question

When margined long in BTC do you get extra BCC?

depends on the exchange
kraken will give you BCC for BTC longs and alt against BTC shorts

>short positions literally double the long

Wew fucking lad the short squeeze is going to be ridiculous. We might hit 4k if the shorter start to panic cover

people being stupid usually explains every market move

>No one is selling because everyone is shorting

If you're already shorting a coin how exactly are you supposed to sell it? Doofus.

He will buy some coin, so he can sell it so it will go down, then he can short.

it'll go up until most of them are liquidated then it'll go down

Would be funny to see a mega whale go ham on those shorters

Ok, so if EVERYONE believes it's going down, and they are shorting appropriately, then where is the eventual profit going to come from? The whales? The normies? Who's giving us all this money?

this

there are some big players out there that can and will easily kick off a short squeeze when they decide it's time

Exchanges will collude with the whale cartel and drive the price up,margin calling right before August 1st then immediately shorting.
Don't forget to get "hacked" for extra spice.

The answer is that YOU are going to give ME your money, motherfucker. If I can convince, or distract, or mislead, or simply talk out my ass at you enough that you make a bad decision, and another.

Take everything you read here from anyone with a high dose of skepticism. We are not your friends, and you are not my friend.

ohhh jessica, you're so dramatic. stop telling people we're not friends.

Shut up and give me money, you.

>Whatever will happen, there will be so much butthurt.
This lmao

nocoinz detected

Bu-but user, I am your friend. We're all friends here on friendchan.

HODL

you retards know that when everyone is shorting it just sets up massive short squeeze rallies right?

I'm hodling for the squeeze

bfxdata.com/positions/ethusd

...

Can someone elaborate shorting for me? If you are shorting on an exchange, is the exchange the party that is temporarily buying, or does there have to be another user of the exchange that is on the other end of the short? Hopefully that makes sense

top kek

how do i get this whalebot

Why is everyone panicked? It doesn't seem like it'll fall. Even after, supposedly this trend continues until 1st of august, people will still go back to selling their alt for BTC, because once they change it to BTC and get their BCC, the price of the alts will still be lower, so they'll just buy it right back up

telegram

how use telegram confuses me

based ireland

just search for the name of that channel

38k BTC short and rising.

Gonna be a rocket if we can get them to unwind

Operation: "THE LAST REAL pump and dump" buy as much BTC as you can in the next 24 hrs

That is what lending is for. Need lenders to short

lel wrong pic

also good luck in your interview lad

Bitcoin can pump to 4k and make these cunts liquidate on the way up

Orrrrrr

This group has inside info and will fuck us all over

Orrrrrr they're just betting BCC will cause bct to drop around $500 making them millions

Honestly it's a stupid bet for them

That went horrible actually. That feel when not even McDonalds wants to hire me.

Good thing BurgerKing is always looking for new crew members

Damn, what went wrong? Was it an actual crew member (burger flipper) job?

Nah just a regular cashier position. I didn't get the job because i didn't have a PPS number, and i couldn't get one because i didn't get a job

reminds me of September 10 2001

Biggest short squeeze in bitcoin history

Just because you imagine it won't fall doesn't mean it won't.

Action 1: Convert all Alts to BTC for future BCC

Reaction1: BTC price rises

Action 2: Get free BCC, exchange it for free money

Reaction 2: May or may not gain profit due to reasons, if profit is gained, BTC simply rises up slightly. Overall has a very minimum impact on BTC price

Action 3: Personal maximum BTC profit is achieved, but Alts still low due to holding for so long. Buy them.

Reaction 3: Price of Alts go up to their usual average price rate. BTC goes down and averages again. Balance is achieved.

Why is this so hard to understand?

>inb4 there will be serious interest in BCC
>inb4 BCC will be bought in such large quantities that it can make BTC tank

Even if it'll fall, it won't drastically change the status quo

You're all fucking retarded.

People are going long and short on BTC at the same time so they can get BCC and not lose money if BTC crashes in the process.

How fucking retarded would you have to be not to see this?

If you want to take advantage of it, loan out your BTC on Poloniex for 3% per day right now.

People are short BTC to get more BCC

Could just be one investment group cashing out for whatever reason.

lmao