Battered Crypto Hedge Fund Three Arrows Capital Considers Asset Sales, Bailout

Re:Battered Crypto Hedge Fund Three Arrows Capital Considers... by DebtDeflation on Friday June 17, 2022 @12:47PM (#31780904)

>$5,000 BTC and $200 ETH are in site if Tether starts to fail.

IMO, pre-2017 prices for BTC (<$1000) returning is inevitable. If Tether fails, then pre-2014 prices (<$100) are more likely. BTC was at $5K a little over 2 years ago, anyone who thinks the bottom is at that level is deluding themselves.

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Re:Battered Crypto Hedge Fund Three Arrows Capital Considers... by code4life on Friday June 17, 2022 @02:32PM (#31782409)

You could be a millionaire if you are right.

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Re:Battered Crypto Hedge Fund Three Arrows Capital Considers... by DebtDeflation on Friday June 17, 2022 @02:38PM (#31782488)

You can be right and still go broke shorting something. "The market can stay irrational longer than you can stay solvent." And shorting crypto has additional challenges beyond shorting traditional securities.

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Re:Battered Crypto Hedge Fund Three Arrows Capital Considers... by chollida1 on Saturday June 18, 2022 @09:18AM (#31789568)

I'll take that bet. I say BTC doesn't breach $5,000 in the next 18 months.

What do you want to bet?

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