To short a stock you need collateral on the books. By running up nvda and btc, real estate and so on, Wallstreet can use these assets on their books as collateral for the stocks they have shorted in case of a margin call.
If any get margin called they will ‘sell’ those assets for cash. Markets go bye bye.
If anyone wants to correct me feel free.
Not saying btc is a bad play, but we bout to have another dip. In 1929 the elite of the day all sold their stock that summer, coincidental of course. What happens October of 1929? Then those same elite families buy stock on the Penny’s. Remember Q said Bubble crash lie steal repeat or something like that?
Sorry, i'm stupid... Eli5 me?
To short a stock you need collateral on the books. By running up nvda and btc, real estate and so on, Wallstreet can use these assets on their books as collateral for the stocks they have shorted in case of a margin call.
If any get margin called they will ‘sell’ those assets for cash. Markets go bye bye.
If anyone wants to correct me feel free. Not saying btc is a bad play, but we bout to have another dip. In 1929 the elite of the day all sold their stock that summer, coincidental of course. What happens October of 1929? Then those same elite families buy stock on the Penny’s. Remember Q said Bubble crash lie steal repeat or something like that?
The way BTC is moving does seem like some whales getting liquidated.
A very weak halving so far. Me thinks we get a massive dip to scare out the n00bs then we have one of the best having rips ever.