Quote from: Realist247 on December 11, 2017, 05:03:15 PM

Quote from: Paulbounce on December 11, 2017, 03:02:08 PM

Love it. All the FUD before the future trading started. BTC will drop in price etc etc blah blah.

What happened. The trading platforms website crashed in minutes and Bitcoin rose 10% in five minutes.

Go home Wall Street boys. You can`t tame Mr Bitcoin.

Many, myself included, were warning that now the whales have the ability to hedge their coins and lock in their sale price if they try to dump enormous numbers on the exchanges. It would likely cause the prices on the exchanges to crash but they wouldn't lose anything if they sold enough short futures contracts. As said above, people weren't saying that these events would happen on the 1st or 2nd day...but they probably will happen sooner or later.

Why to crash the price in a bloody day, why to pour all their coins on the market, why not just sell it in some little fractions and keep the average sell price higher rather than selling a huge pile at higher price in the beginning but after a surge in the price they won't be able to sell their remaining coins on a good price... also, to short someting is risky enough especially in bull trend... I know that the trend won't last forever but why to start shorting from a lower price instead of letting the price gain more and start it from a higher level? I will be really corious in the coming days