Reply to: Bitcoin Shortage - This is not a drill people!

[mattfx]

I've not bashed him as far as I'm aware, well played indeed that man if he actually gets his cash out. Until you're off exchange with the cash in FIAT, you haven't made a dime. I think there will be a lot of refugees. Or is that cryptogees, can you do that?

A bit like in "The Big Short" - as long as you cash everything out before everyone else you should be fine. I guess the trick is not to get too greedy.

[glebe digital]

Don't understand why everyone is bashing Scooter for getting a guaranteed profit..

I've not bashed him as far as I'm aware, well played indeed that man if he actually gets his cash out. Until you're off exchange with the cash in FIAT, you haven't made a dime. I think there will be a lot of refugees. Or is that cryptogees, can you do that?

[glebe digital]

A bit like if everyone sold their house at once.

Only if every house magically disappeared at the same time. These crypto exchanges are massively under capitalized, if you haven't drawn your loot off the exchange before it gets greasy you'll probably lose the lot.

[mattfx]

Don't understand why everyone is bashing Scooter for getting a guaranteed profit..

[TheGreenBastard]

He was posting last week to sell. He then got ridiculed. Even though he was locking in his profits.

Usual CUK knocking of anything decent.....

Locking in profits =/= predictions.

[BrilloPad]

Worth considering that many of these exchanges may not actually have the FIAT to allow folks to check out.......an enormous mass of 'value' has been created from nothing & I'd be surprised if the exchanges have the float to cover it.

A bit like if everyone sold their house at once.

[glebe digital]

Worth considering that many of these exchanges may not actually have the FIAT to allow folks to check out.......an enormous mass of 'value' has been created from nothing & I'd be surprised if the exchanges have the float to cover it.

[BrilloPad]

Examples? They've been terrible - and that's in a bull market were everyone's an expert.

He was posting last week to sell. He then got ridiculed. Even though he was locking in his profits.

Usual CUK knocking of anything decent.....

[scooterscot]

The re-posting of that image with the intent of using it as an argument is embarrassing.

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Gonna keep this comment until January

[TheGreenBastard]

The re-posting of that image with the intent of using it as an argument is embarrassing.

[scooterscot]

What makes you think that it will collapse - I am sure you would have said that a week ago when it was 7K

Dont tell me you would still be holding your short position? if so I would be amazed

Because not 60 days ago people were trading BTC for $4k - Just sold last wod at $12.7k a BTC. Now moved all in dollars except for a couple of hundred grand pocket change..

[northernladuk]

Anyone having a deja vue with DimP and his gold here?

[TheGreenBastard]

People can scoff, however so far Scooter's crytpo predictions have been very impressive.

Examples? They've been terrible - and that's in a bull market were everyone's an expert.

[barrydidit]

Has anyone heard from that wazzock that threw his hard drive away with all those bitcoins on it? I bet they're worth about half the nation debt by this time

[LondonPM1]

More and more people are trying to clamber onto the ladder in a desperate effort to join the rush. Ignore it. This going to be the mother of all corrections, not something you want before Christmas.

What makes you think that it will collapse - I am sure you would have said that a week ago when it was 7K

Dont tell me you would still be holding your short position? if so I would be amazed