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investor2004

12/07/17 7:00 PM

#24433 RE: Beerholder #24432

I hear what you are saying. But with the volumes, and the money flowing through, and ALL mms looking to be controlled with those 5-10k asks and hitting asks and bids when it suits to hold it in milliseconds in response(robo controlled to get an outcome) I really think this is way above the pay grade level of a couple of day traders. Like I said in my previous post, I am guessing it is some sort of hedge fund or someone hired for a purpose. It is just to massive and has gone on for to long, and involves way to many shares and money, and is to coordinated to be done by some small day traders.

Think about how we are talking 100s of millions of shares traded. The S1s made this a target for shorters. That is textbook. However, what they did not anticipate is BTC exploding and now they are paying for that misstep trying to control things here with the volumes and demand. Look back to prior to the first s1. Prior to that filing BTCS followed fairly closely BTC up and down. Now, not so much. Considering this, what would it take with fake share dilution to hold this down to not lose your pants on a multi million dollar short bet that went bad due to BTC? Just think about it. There is some serious problems at this point on the short side of the fence just like Darkpool is pointing out also. Sooner or later those problems will have to be dealt with regardless of people losing their shorts on shorts to cover. JMHO. GLTAL>

DarkPool

12/07/17 7:38 PM

#24436 RE: Beerholder #24432

Yes. Reason the spread is what it is. MMs are trading the spread and making a killing. Naked shorting shares to do this. White collar crime at its finest.