Bitcoin and everything associated with it. The home of cryptomaniacs and their adversaries. - page 203

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TheXpert:

It's just that I've heard so many homegrown gurus about bitcoin's collapse that it makes me sick.

All you have to do is abstract away from the conventional wisdom, and it becomes clear that bitcoin can disappear for only three reasons - global scribe, discrediting the chain, evolution. And the latter -- a change to a better counterpart.

No restrictions, controls, pressures, sharks or states will be able to break it.

Let's assume that we already have all the manmade and unmanmade bitcoins. Multiply that by $1000. We get a measly $26 billion.

Now see the first post in the thread: EURUSD 9.12.2013. How long will this ascending scam last? and read that financial fraud in the interbank foreign exchange market was about $4 trillion daily.

Clearly there is no point in dumping cryptocurrency as it plays no role even in the criminal turnover of global finance - a drop in the bucket.

 
Reshetov:

Now look at the first post in the thread: EURUSD 9.12.2013. How long will this ascending scam last? and read that financial fraud in the interbank foreign exchange market was on the order of $4 trillion daily.

is it turnover?

Reshetov:

Let's assume that there are already all the wagered and as yet unwagered bits. Multiply that by $1000. That's a measly $26 billion.

and there's a capitalization, isn't there?

 
sanyooooook:

is that a turnover?

It is a turnover. But if you multiply the pips that moved that turnover by the leverage and the number of insiders, you get a hefty profit.
 
Reshetov:

Clearly, there is no point in dumping cryptocurrencies, because they do not even play a role in the criminal turnover of global finance - a drop in the bucket.


That's what I'm saying: Bitcoin is still growing and growing.

 
Reshetov:
This is a turnover. But if you multiply the pips that moved that turnover by the leverage and the number of insiders, you get a hefty profit.
On what leverage?
 
sanyooooook:
which shoulder?
Who cares which leverage? The point is that $4 trillion euros were only turned at the very end of the European session to move prices for just one interbank manipulation. And this is just the tip of the iceberg, i.e. how much of this turnover has yet to be detected by regulators. If you look at the turnovers of other criminal schemes, Bitcoin can't compete with them by any measure.
 
I don't get you: let's compare the turnover of the euro scam with the capitalisation of the bitcoin, the euro scam was done with whatever leverage, and get what?
 
Also, which banks give other banks leverage to do shenanigans or is leverage not necessary for shenanigans? )
 
no need to compare the ass with the finger, the bat is too young.
 
sanyooooook:
I don't get it: let's compare the turnover of the euro scam with the capitalization of the bitcoin, the euro scam was done with whatever leverage, and get what?

It's okay. Do you want to compare the masses of money? )

Anyway, Jura's right.

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