Perpetual futures 30x leverage https://www.bybit.com/trade/usdt/BTCUSDT Long @63633 Liquidation @60750
What's the spread on those? I never heard of Kalshi, do you think your funds are safe? Perpetual futures are liquid 24x7 and check out the spread on bybit, very very liquid 99.9988% btc trades to $100k before 1/1/2025 Are you trading btc still? post a trade, take a position, nothing ventured nothing gained By the way, I trade long vol, leveraged long vol, leveraged twice long vol mstr call options, case in point If you're so sure that that my prediction of $100k/btc before eoy 2024 has no chance, you are most welcome to sell as much of those call options on Kalshi. FREE MONEY $$$$
kalshi is cftc regulated https://kalshi.com/blog/article/how-is-kalshi-regulated safer than any crypto exchange. I am slowly but surely divesting crypto. Maybe should speed that up. Your original projection was 150k, now it's 100k https://www.elitetrader.com/et/threads/bitcoin-price-thread.315402/page-610#post-6022323
No, $100k/btc 99.9988% probability is what I said on that post $150k is a probably,, big difference You don't like $100k/btc? bitcoin was less than $60k at the time So, you're not trading but selling bitcoin/crypto? I thought you sell short the rallies? I don't see any trading calls from you, don't be afraid to make a call, or even trade and post it. This is a trading site
I'm waiting for the squeeze like GME that cannot be turned off. I want the God/Omega candle. I will of course be happy with $100k, but I want fireworks. I want to see every paper Bitcoin outfit exposed. On the one hand, I think its incredible that all the selling from Germany and Mt. Gox for example has been absorbed without too much downside, but how on earth hasn't Bitcoin already gone to the moon? It just doesn't add up to me to be honest. Who the fuck is selling outside of these two big players to meet all the bitcoin that the ETFs have been soaking up? But luckily with Bitcoin, in a time of crisis, there will be no way to fake having bitcoin, and i even imagine that after a huge move, much of the bitcoin proxy profits will be turned into real bitcoin, so that will provide even more buying power. Whereas a major dump can happen after a parabolic move in some stock, it can't stay that high. But with bitcoin, I think it easily can and even accelerate, so this is what I'm waiting to see.
That multiplier value is stupid. It's like the same thing they did with the original 5x BTC multiple size at the very beginning. Which everyone HATED by the way. Stick to decimal point movements... knock it off with the odd numbers.
TradFi is dampening the btc volatility, too many basis trades that are capturing juicy yields, i.e. Millennium fund buying billions of $ worth of Ibit and selling futures to lock in double digit APY's With the accelerated approval of Ibit options, things may continue On the other hand, these are the best traders and when time is right, they'll lay off the shorts or the ones too slow would get rekt, part of TradFi doing TradFi business I'm starting to dabble on the Perpetual futures in anticipation of Uptober which is getting near, hope I don't get liquidated with a flash crash Global liquidity is about to explode, China printing is in the news, other global central banks will follow, and bitcoin will benefit just in time for the strongest quarterly performance Q4 Buckle up
Havent done my due diligence but this one just hit the stream too: This is one of the things Ive been waiting for in terms of adoption.
Yup, that PayPal news for business accounts is great! River came out with a report that there's an explosive growth of their (private) business clients that are buying bitcoin for their treasuries Individuals have been able to do this with PayPal for a while, using bitcoin as a savings account instead of cash... and now this news allows PayPal business accounts I've done it for my family, we have majority of our net worth converted into bitcoin as our life savings account Individuals and businesses will come to realize their wealth is melting when measured in the best money in the history of the world