I know. But when you are betting on btc to rise and banks can short BTC, i went out of there. I was right, BTC had the first major decline arround that time. M

I know. But when you are betting on btc to rise and banks can short BTC, i went out of there. I was right, BTC had the first major decline arround that time. My guess now and then is that banks were buying BTC to make it drop when they want. PS. I went out BTC 3 times and started all over with the initial starting amount, so saying "betting on BTC to rise" is a bit exaggerated though. PS2. I'm talking about very big "banks" mostly, eg. JP Morgan or Goldman Sachs. When they give a public statement, i'm always inclined to think the opposite.