Tag:trading

Number go down — the single trade that crashed Bitcoin
Bitcoin is going through the roof! — it’s manipulation with Tethers, not organic demand
The “Bart” — sudden hundreds-of-Bitcoin pumps or dumps, to burn the margin traders
The OKEx margin trading disaster — how crypto margin trading goes wrong
Notes from the crash: watching the Bitcoin pumps and dumps live on GDAX
How to read a crypto market depth chart, and why people went “HOLY CRAP” at the overnight Tether chart
Why you can’t cash out pt 1: Why Bitcoin’s “price” is largely fictional

Public discussion and media coverage of Bitcoin assumes certain things about Bitcoin:
• Bitcoin has a price, that you could expect to buy or sell it around.
• Bitcoin is like buying a share in a company, or a commodity like gold — the market works the same way.
• Bitcoin is liquid — you can easily convert your money to Bitcoin, and your Bitcoin to money.
None of these are true.
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