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Re: dandream post# 25641

Sunday, 10/03/2021 1:03:47 AM

Sunday, October 03, 2021 1:03:47 AM

Post# of 58950
Thanks dandream!
One of the real problems coming are the arb desks/institutional customers and whales, along with high leverage sites, being offside short and covering where a nightmare situation occurs and they break ranks from a bear pool standpoint and it’s everyone for themselves on covering, let alone other factors, like the announce Monday on trade violations by China according to the administration and what will be done to heat up a serious and potential financial conflict with China.
Maybe that’s another reason why China banned all crypto except their own along with a lack of central control (sounds like the Fed), fear of capital flight and other complex accelerant issues to their economic situation. This is just unfolding and who would say Bitcoin and other type positions are not in some degree a hedge to competent portfolio managers across the spectrum. This is just beginning!
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