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To: aMorePerfectUnion

How does one buy futures of a finite resource? I missed the boat, of course, but seeing how they are being gobbled up by huge investment firms and a single tweet can plunge or raise them 50% in an hour it appears to have reached the point of being a plaything for very wealthy institutions.


4 posted on 10/20/2021 8:41:27 AM PDT by Organic Panic (Democrats. Memories as short as Joe Biden's eyes)
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To: Organic Panic

… happens every day - it is a contract to track movement IIRC


5 posted on 10/20/2021 8:50:31 AM PDT by aMorePerfectUnion (Fraud vitiates everything ᡕᠵ᠊ᡃ࡚ࠢ࠘ ⸝່ࠡࠣ᠊߯᠆ࠣ࠘ᡁࠣ࠘᠊᠊ࠢ࠘𐡏⁻ )
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To: Organic Panic

Scarcity plus demand equals “to the moon”.

Scarcity will only get worse (or better for those holding BTC),

Demand is likely to also expand exponentially as more entire countries adopt BTC as a legit currency, as well as the financial institutions fighting over the leftovers as they try to fund their investment portfolios.

This is going to get sporty...


6 posted on 10/20/2021 9:04:03 AM PDT by Wildbill22 ( They have us surrounded again, the poor bastards- Gen Creighton William Abrams)
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