Message from @Martin Wiethaupt
Discord ID: 407355829935669259
violence is the ultimate currency
Hedge funds have swung their bitcoin-futures bets to the bullish side for the first time, a marked turn around from a few weeks ago, according to figures released on Friday.
The data from the Commodity Futures Trading Commission suggests a shift in sentiment among so-called “leveraged funds,” a category that includes hedge funds. Ever since late December, when the CFTC began publishing weekly reports on the new bitcoin-futures market run by Cboe Global Markets Inc., CBOE -0.10% data had shown that these funds were bearish on bitcoin, unlike smaller investors who are overwhelmingly bullish.
Futures are a type of derivative that allow traders to bet on whether the price of an asset will rise or fall. Long positions in bitcoin futures profit if the price of the digital currency rises, while short positions pay off if it falls.
The most recent CFTC report showed leveraged funds with 1,142 long positions in bitcoin futures, more than double the 518 short positions they held.
more reason not to brag about your crypto profits
buy sub
anybody reading this, if SUB hasn't spiked yet
do it
$sub
its on sale!
lol
@Deleted User if it doesn't hit $3 in February i'll let you light me on fucking fire bro
Screencap: Cardano (ADA) will rise to 3x it's current value in less than seven days.
1) VOLUME: South Koreans are pouring a massive influx of their own currency into this coin. Look no further than CoinMarketCap; 81.5% from KRW and 3.92% from BTC.
2) PREMIUM PRICE: They are paying 8% more than the price in BTC to obtain it in their native currency. This should ring alarm bells for you. Asians aren't stupid; if they're paying an 8% premium for a coin, I'm certain that it will provide them with at least 8% returns.
3) UPDATE COMING SOON: It is a proven fact that whales time their pump and dumps in accordance with the release of information. Which coin has an active timer on their website announcing the release date of their next update? Cardano, which is getting updated in seven days and a half days.
4) PAST ACTIVITY: If you doubt the impact an update can have, think back to the start of January. Whales timed their sell orders with the release of the update and pocketed a nice 200% return in a week. You're delusional if you don't think is going to happen again.
5) FUNDAMENTALS: Just the fact that the team spent two years on research and over a year for development sold me the coin. They are a brilliant team with a spectacular platform - period. If you're skeptical, do your own research and make your own judgement.
6) RANKING: The coin has existed for four months, and in that time span has risen to the fifth ranking. There is something special about this coin, otherwise it would have remain among the other shitcoins that never see the light of 1 USD.
7) FEBRUARY IS COMING: Yes, historically January has always been a slow month. This coin will be the first moon mission of February; a rampant bull market will follow. Buy now to put yourself in the best financial position when the market picks up again.
Cardano will once again rise past $1 USD and more than likely hit $2 USD by the time the update is released. Good luck /biz/bros, I'll see you on the moon.
translation: we're gonna pump it hard
$ada
Its always good to be first on something. I've been looking at WISPR. Its not even on coinmarketcap yet.
https://wispr.tech/en
Very nice use case as well.
@grlc
$grlc
$TEL
jeez the garlic discord has 35,000 people on it
Hot damn
Ooooosh
comments are pretty cash
Yes lol
$dbc
<:pinkwojack:401275495045398529>
<:pinkwojack:401275495045398529>
$icx
$wtc