Post
Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
cAPSLOCK
on 12/02/2021, 14:22:26 UTC
This guy says Monero is the most shorted coin
https://twitter.com/monerotrader/status/1359185389899063298
comments?

Huh.

I am no expert on this... but damn.  That makes XMR one of two things.  Either being massively manipulated, or a candidate for a huge short squeeze, or both.

There was a similar post circulating on the Bitcoin Cash subreddit. The case for a massive short on either of these coins is likely based on complete fantasy.

The Bcash guys are blaming under-performance relative to Bitcoin on: a) massive shorting of BCH and b) rampant purchases of BTC with un-backed Tether.

I want to be very clear that my post had NOTHING to do with blaming any underperformance on anything especially not Tether conspiracies. 

If that site is accurate Monero has an out of proportion amount of shorts, and that is very interesting.