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RE: Bitcoin Futures Traders Are Quietly Building A Big Short Position

in #bitcoin7 years ago

Wall Street loves to play both sides of the fence....usually within the same building.

At this time, we are seeing just a smattering of what is to come in the future. Wall Street will end up in this industry full force. At present, the shorting game is rather limited but you can expect market manipulation to take place at some point. This is a rather small market cap compared to other sectors. For that reason, Wall Street can control it rather easily.

That said, we are going to see more pressure upon the financial sector as decentralization starts to harm their business. The Internet is coming for the banks and they wont be able to stand up to the power it wields. Give it a couple years and we will see a much weaker sector.

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What he said! Wall Street is already involved in the market and will just continue to get in deeper every day with more and more funds. It´s their new playground to make a bunch of money for themselves while screwing over small investors once again...

I can´t wait for real decentralization of the market to take place!