Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
savetherainforest
on 04/06/2016, 04:06:58 UTC
at some point they will run out of idiots to borrow coins from and then the market can find the monetary premium instead of bouncing along on the cost-of-production floor (which is ever-increasing and soon to be doubling anyway)

in fact I find strange the many thousands of coins lent out on BFX at a rate always <0.00X%.
Don't these lenders think if they are sabotaging themselves lending at so low rates to shorters against their coins value?

I stopped lending when rates on Polo went below 0.04%/day.


Dude .. I made like 2.8% - 3.5% just in a week of trading! And the exchange trading bot holds the prices from both sides always on longs and with a diminishing return scale applied! So when people get scared and panic, that bot makes huge profits! Considering they don't pay fees for any of their transactions!