avvi | on Nostr: We have conflicting thoughts about whether it's good or bad to have substantial ...
We have conflicting thoughts about whether it's good or bad to have substantial corporate open interest in the #Bitcoin market. While pile of new money propels the marketcap higher – much delightning the fiat maxi ngu mindset– it also spills into a higher risk of coordinated sell pressure on the spot market. If complimented with PR campaigns spreading FUD, it is likely to create a strong market alliance that could interfere with openmarket dynamics.
Published at
2024-10-24 14:05:30Event JSON
{
"id": "6a2d1839b481548fed92868715fa99ee7f1d32c483dddb41e5aa249ec442d047",
"pubkey": "db540d27261af6da5cc543941a6aaf6235a5425f098828adbbe565541ef7b6f5",
"created_at": 1729778730,
"kind": 1,
"tags": [
[
"t",
"Bitcoin"
],
[
"t",
"bitcoin"
]
],
"content": "We have conflicting thoughts about whether it's good or bad to have substantial corporate open interest in the #Bitcoin market. While pile of new money propels the marketcap higher – much delightning the fiat maxi ngu mindset– it also spills into a higher risk of coordinated sell pressure on the spot market. If complimented with PR campaigns spreading FUD, it is likely to create a strong market alliance that could interfere with openmarket dynamics. \n\n",
"sig": "1121f2739adbca38d6ef06d648fc91241d9c6ae4a6f3c09d7a18c5466468a0c1f8dbc550f107bad60b454fffc52f0f6178f4f1ee98058b73c418038b12101496"
}
