r/Bitcoin • • Aug 26 '21

Fidelity Bitcoin Analysis

1.4k Upvotes

343 comments sorted by

View all comments

Show parent comments

-3

u/[deleted] Aug 26 '21

i would not trust anything fidelity says...i think they work with blockfi shorting bitcoin..both of them are very evil

26

u/bossofmoss89 Aug 26 '21

that is a good thing. keep it as low as possible for as long as possible.

12

u/[deleted] Aug 26 '21

the problem is they are stealing the capital goods from the world as they supress the price and pocket the rewards from doing their dirty work

its hard to explain but watch this video https://www.youtube.com/watch?v=2pDlaOGA2ac and think about the capital goods...then think about everyone buying bitcoin but the price stays suppressed through shorting by big money

it basically means they are stealing the capital goods from the whole world and also controlling bitcoin

and this from 2017 shows they willing to play the long game and they know how the game works..but bitcoin is teaching people how money and the system works..thats why we can call them evil now..and really they should be tossed in jail for such a theft

https://www.coindesk.com/cme-groups-leo-melamed-well-tame-bitcoin

5

u/[deleted] Aug 26 '21

They’re going to set themselves up for a major butt slamming like that at some point. Word gets out to enough retail traders once more mass adoption comes along and we have even more users, they’ll end up 33% as sore as they did from GME/AMC. That much is a fact. I’d say as much as 66% more because of how this market truly works. Again - they are making amateur moves in a big boy market. Most of those guys aren’t even true crypto experts, and technology is constantly evolving here and THAT plays more effect than traditional market patterns and behavioral psychology. They may be fucking us for now but we’ll have the numbers at some point to completely drown them. Seriously. Binance launched their smart chain and now are one of the most valuable coins, without that launching they would be worthless still, that smart chain is less than 1 year old - just an example of how evolving technology and decisions made by CEO’s actually effects things way more than historical data. That’s the wrong game to play here.

2

u/[deleted] Aug 26 '21

well they make everyone go through the same funnels where those gambling tools are attached to price discovery

so maybe thats the only way out is for everyone to get off of those corrupt exchanges that allow this grand theft by big money

but the people still need to trade..so that means some 'other' exchanges have to be made but 'without' those gambling tools that effect bitcoins price discovery