How to suppress Bitcoin’s price?

The case of Gold

  • lend some gold at low or even negative interest to those willing to short sell it. Thereby they can repeatedly apply temporary downward shocks to gold market, without reducing their gold position.
  • embrace futures markets and make physical holding inconvenient (e.g. delaying introduction of a Gold ETF as long as you can). Price can be bullied with futures once open interest of futures markets surpasses that of physical trading. Futures require margin only in form of any other successfully pumped assets, wich they have plenty.

The case of Bitcoin

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Independent, Bitcoin Developer since 2012, Former: CLA @ Digital Asset Holdings, VP @ CoinTerra, CEO @ Bits of Proof, Engineer, Financial Risk Manager.

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Tamas Blummer

Tamas Blummer

Independent, Bitcoin Developer since 2012, Former: CLA @ Digital Asset Holdings, VP @ CoinTerra, CEO @ Bits of Proof, Engineer, Financial Risk Manager.

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