? Bitcoins Boom-Bust Cycles, Is This One Different?
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? Clips!
Don’t Buy Bitcoin. It’s Going To Crash!!!

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? I am not a financial adviser and this is not financial advice. I’m just a humble man with a great passion for all things block-chain, even tangle and block-lattice.

#crypto #cryptocurrency #bitcoin

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34 COMMENTS

  1. I think we will see Bitcoin going even more down till 5450-5500. And if it will break the Novembers support line, it can go even to 5000$, and after that, we will see growth. It's my personal opinion. Thanks to CryptoInfluence.io for introducing me to this awesome channel!

  2. When he said 'masses' he was clearly talking about the people who have purchased bitcoin, not the world population, why would you even assume that lol.
    If you want to talk about market cycles then it looks like wee haven't even hit denial yet, everyone still talking about new ATH coming, the hodl meme still going strong, there is still so much hope around crypto. We still have ALT coins worth billions with no use case, we dont deserve half our market cap.
    You talk about the banks being scared, do you really think the powers of the world who own the banks/politicians and governments around the world will really allow them to lose control of their money and had it over to us, you are smoking far to much hopium.
    The thought that just because btc has recovered from previous crashes so must recover from this is very poor logic.

  3. This "crash" is different. The scale of the run up in the last quarter of 2017, was unique and the primary indicator of the subsequent downturn behavior. The hugely inflated market of late 2017 was driven by new money coming in and speculative fever from already stashed up crypto holders. BUT, it was driven by the issuing of USDT Tether that went into Altcoins (not BTC).
    They wisely realized that they could cause a massive stamped / reinvestment in the market, (not by spending on BTC) – but by massively inflating ALTcoin values. Causing enormous fluctuations (rises) in XLM, XRP, IoTA, almost any coin they choose, and they chose ALL of them. The BTC price rose all by itself, as it has market dominance and was the main gateway to these Alts. Ask anyone; at the time, the price of BTC didn't matter, because we were all selling it immediately for our ALT coin speculations. The current market is still controlled by BTC whales, miners and the centralised powers of BTC. The price of BTC at any point in time, is whatever they decide it will be – (and a hint is) – whatever will give them the most control or hurt their enemies the most (ETH/EOS/BCC/etc). This would indicate they will force BTC much much lower, and will only stop when we break the dominance of BTC. Then they will immediately re-inflate it to 2017 levels, as they own most of it anyway. IMHO.

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