[CharlesInCharge]

At bitcoins height and reading the following post at the time, i advised my brother to sell his long time saved coins to start a business but he didnt listen and is out 50k had he sold.

Spoiler!

12-07-2017

Dear Phaggos:

I learned how to read last week, so have been researching this BTC and how CME futures might impact it. The more I research, the more I am convinced that this is a bad thing for the price, not a good thing. My stance has changed quite a bit. First, we must look at how the CBOT started, and it's purpose, because the CME is tied to the CBOT.

The Chicago Board of Trade was started to save farming in this country. After the civil war and Lincoln was assassinated, you had all these farmers ejaculating over the current price of corn, then growing that corn, and when it was time to harvest the corn, prices had TANKED. Why? Because you and all your butt buddies decided to grow corn, so now there is a huge amount of corn for the cornhole out there. Supply\Demand. So, what are we gonna do now, Kuntface? Well, I'm gonna grow some wheat, because I see the price of wheat is high, but then what happens when it comes time to harvest the wheat and sell it? Oops, me and my phaggos all grew wheat, so price of wheat is low, we're losing all KINDS OF MONEY beyotch ! ALL KINDS. Again, Supply\Demand. Ok that's it, we're losing all kinds of money in farming, so we're all gonna quit our jobs, move to NYC, and become bank tellers.

So, Congress goes WHAT THE BIZNATCH? We're gonna run out of farmers and everybody is gonna starve. We have to save farmers or nobody is gonna grow crops and we won't have anything to eat. So, we're gonna allow the public to speculate on the price of these crops, and we're gonna build a BB.COM forum in Chicago for all our phaggo miscer normie speculators, and we're gonna call it the Chicago Board of Trade. Now, some miscer can go to the CBOT and buy a contract of Corn, and one contract is 5,000 bushels. So, why would a miscer be interested in buying a contract of corn? Because he wants the price to increase in the future so he can sell the contract to someone else at a higher price, you dumb bish ! When is the expiration date of the corn? Well, it could be 3 months from now, 6 months from now, 1 year from now, etc., depends on what date of expiration you choose for your contract. You just need to sell your corn contract before it expires, otherwise you own 5,000 bushels of corn and have no place to put it, bish. So, when you bought the contract of corn, YOU PAID THE FARMER that grows it, miscer ! The farmer gets paid and doesn't care what the price is in the future, because his corn has already been bought. This is how our government saved farming in the USA. Is it really this simple? Of course not, son. It's far more complicated than that, but I'm not here to write a book about the intricacies of commodity trading while you're having anal sex with your ho. I've given you the bottom line, the big picture.

So, that's how our government saved farming---by controlling the drastic price fluctuations of commodities. They wanted to stabilize and control the prices son. Now, why are they introducing tradeable futures of bitcoin onto the Chicago Mercantile Exchange and onto the Chicago Board Options Exchange? FOR THE SAME REASON. Whenever they introduce something into the CME or CBOE or CBOT whatever, it's to control and stabilize the prices son. They want to stabilize the price of bitcoin. Now, why do they want to stabilize the price by allowing people to buy futures contracts of bitcoin? Well son, my guess is that they want to stabilize the price because they are afraid of these crypto currencies messing with the DOLLAR, sons. So, they want people to be be able to come in, short the PISS out of it by shorting a huge amount of contracts, which will control the huge rally bitcoin is experiencing, because that controls sentiment. When people see Bitcoin futures tanking, they worry about their "real" bitcoins on the exchange, so they then start worrying about their ETH, so Ethereum tanking too, and then their Monero, or LiteCoin, etc. etc. etc. all the other 1,000 crypto currencies out there. Sons I am bailing on half my shiz. My average buying price for all my shiz on BTC has been 7300 and I'm bailing on half of them. Bailing on half my ETH too and I've only experienced $100 per coin growth on ETH. Gotta do it sons.

So, cliff notes are as follows:

1.)Suck my micro penis
2.)When tradeable futures of BTC start on the CME on December 18, it's not going to be good for the price. Within 3 months, prices will be much lower
3.)I am the world's foremost expert on expertness