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RE: Bitcoin Drops Back Below $10k, Catches Down To Nasdaq

in #bitcoin7 years ago

@zer0hedge...bro How are they shorting when everyone is on HODL? Don't tell me naked shorting already permeated the 'decentralized exchanges'...because if so, you'll be waiting a LONG time. Just ask everyone holding gold.The decentralized exchanges are tiny at this point. Shorting is taking place on regular exchanges as well as via Wall Street funds.

And I didn't say naked shorting. Plenty of people put up BTC (and other coins) for borrowing.

In reply to How are they shorting .See, I told you it was in a "rising wedge" formation, and that it was bearish.
And now, after all the early adopters have exited and the newbies are holding the bag, it's gonna resume its collapse...thank you for sharing with us..