Anyone hear any news as to why BTC is carshing right now?

Didn't you read the recent reports?

Most trading volume is fake.

You are dealing with a highly manipulated market.

The 'news' sites likely get handouts to pump out rubbish.

nsa coin for Shekel Worshipping Golems

They give me no memos here.

because the group with the most bitcoins is the fbi?

If I remember right it's the FBI CIA and North Korea.

I haven't looked lately.

It hasn't even gone below where it was a few weeks ago. We are about to change the world...

The only thing I know of crashing is a few of these tweedledick moderators cars.

Because its a scam?


Nah too easy.

Little bitches can't hold on for shit.

A 20% re-tracement is not a crash.

Uses Coinbase to buy $25.00 worth of Bitcoin.

Watches YouTube video made by a spastic millennial.

Suddenly becomes an expert investment analyst.

They are pumping it to make some quick profit before the massive Tether scam is exposed.

Tether was the sole reason BTC went over $19,000 per coin. Tether was created out of thin air and handed to coin exchanges which used them to drive the price of BTC to an insane level. Exchanges were rewarded by receiving even more Tether created out of thin air.

Major coin exchanges were in on the scam. The creators of Tether made deals with big coin exchanges to carry Tether on their exchanges in exchange for thousands and thousands of Tether “stable” coins.

Tether created coins out of thin air and put a value of $1 per coin. Tether is supposed to be backed by dollars. For every Tether in existence the creators of Tether are supposed to back each one with $1. There’s no way Tether is backed by dollars.

Major exchanges went along with this scam and told their customers that Tether was a “stable” coin backed token for dollar. Massive amounts of fiat money was made from this Tether scam.

Must be nice to create something out of thin air and give it a value of 1 dollar per coin. I guess not much different than what the FED does.

Soon the Tether scam will be exposed and Bitcoins price will be drastically lower than what it costs to mine them. At this point Bitcoin mining will be nothing but speculative mining hoping someday years from now Bitcoin will once again be profitable when mining it.

Making a lot of assumptions mate.

Long squeeze. Rare, but it happens. Happened about 9 pm very fast. My hunch is profit taking before the run up about to happen. Get ready.

[link to datamish.com (secure)]

Last Edited by Moon&Stars on 05/17/2019 12:33 AM

Not really. That's the pretty standard shitcoin story. "Some random fuck on yewtube said shitcoin was the money of the future, even though nobody in history has ever bought anything with it. It'll go to a million dollars one day. That's what he said. I'll be able to buy a Ferrari. Except Ferrari doesn't take shitcoin... ah whatever..."

Throwing down that bet he'll win about 98% of the time.

I just heard something that isn't verified as of yet, but would explain the long/short action generated at Bitfinex. Tonight, the NY AG may have blocked Tether transfers to Bitfinex.

Did you see all the BTC/USDT pairs about a week ago?

It's not carshing. It is experience a brief correction that was widely predicted and expected. A few days of establishing support at this level, then off to test new resistance levels, up above 10g. Buy now.

This drop is imho a healthy correction and only indicates a soon to come huge rise, in the bigger picture btc is set for a logarithmic rise to upwards of 100k. It may take some time but it's only a matter of time.

The same reason it went up, manipulated bs

Donald Trump.

this

i dk how people fail to understand markets do not move in straight lines.

normal cascades of profit-taking, as well as manipulation, causes every market on earth to zig-zag.

sorry op but this is a 1* thread. watch charts more.

with the way some you of talk, news shows must tell you market retrace is huge deal. they are part of the manipulation to feed the profit-taking. - you are selling directly into buyers hands.

Agreed Tether is a scam. Most of the Crypto community have known this for many years. However, what they are doing in creating money out of thin air is nothing new... as most of us here know. The difference is that they may not be protected by the same Cabal of criminals that protect the Banking criminals. In which case they will go down.

If/when Tether/Bitfinex go down, this will cause a lot of turmoil in the markets with a significant drop in price. However, This will not mean the end of Bitcoin. It actually might mean the end of the easy manipulation of its price and a massively fantastic opportunity to buy on the dip.

You see, tether has been used as a mechanism to manipulate Bitcoins price. Once it is gone and the other honest Stable coins take its' place, the sooner we will see a freer and more stable bitcoin price.

Briefly. When the recent USDT & Bitfinex problems, the NY AG investigation started up - I got out of USDT trading. Only trading against the USD now. So glad.

Indeed. A buying opportunity. A blockchain analyst who is well connected believes that as soon as this weekend the run up to 10K could begin.

they ran out of suckers.

need to recharge.

Let me tell you about Bitcoin. I've been following it for some time now.

Bitcoin relies on newcomers coming to the table. It's the same old story every year. Bitcoin's going to be worth £50,000, everyone buys in, then it crashes hard. Those who bought in, lose their money and drop out. Next year same story, different punters at the table.

That's the story of Bitcoin.

DO YOU REALLY WANT TO KNOW?

Massive sell off from a few elite that got word of an INCOMING situation!

P.s.

I knew this would happen 2 months ago!