lauren on Nostr: Show me where exchanges are buying their #bitcoin Oh, you can’t? Until then it’s ...
Show me where exchanges are buying their #bitcoin
Oh, you can’t? Until then it’s all a leverage game. Just a balance on an exchange. Just because it’s on their balance sheet doesn’t mean they’re actually buying bitcoin when their users are buying.
It’s a coordinated attack on leverage. Paper Bitcoin. Exchanges are allowed to do whatever they want. Price action isn’t real.
Published at
2024-07-05 11:34:02Event JSON
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"content": "Show me where exchanges are buying their #bitcoin \n\nOh, you can’t? Until then it’s all a leverage game. Just a balance on an exchange. Just because it’s on their balance sheet doesn’t mean they’re actually buying bitcoin when their users are buying. \n\nIt’s a coordinated attack on leverage. Paper Bitcoin. Exchanges are allowed to do whatever they want. Price action isn’t real.",
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