Another Bitcoin Future Bubble..Jan 26th
If you don't overstand what Bitcoin Futures are it's fairly simple but complicated. Do your research! Let me post a few pics I found that should give you a quick insight into what's happening with the Crypto Market.
Not long ago I posted a chart when the first Bitcoin Future contract expired on January 16th. Basically, in order for wallstreet to profit... the price of Bitcoin had to be low. So its pretty simple the banks, wallstreet, and govt collaborated and dumped almost $200 Billion in the market cap. This boosted Bitcoin to almost $20,000 from $11,000 in a very short time in December when they began around Dec 10th . See that word 'short' thats what they call it, 'shorting Bitcoin'. Then all of a sudden that $200 Billion was dumped and the market, so called, collapsed or crashed.
NO....it just went back to normal before these wallstreet, banksters, politrickans started with their illegal activity of buying and selling Bitcoin ..with NO..Bitcoin!!!!! Please somebody explain to me how you can do this...legally .. in contract with the Blockchain. We need Blockchain police toarrest these criminals. hahahaha. It's funny how much they are panicking!! I love it! They have done enough damage on this planet. So Steemians just buy in the dip. Pushing forward...in Awareness...H... and oh yeah, the media belongs to them... so watch the scapegoats,, like South Korea in the first crash ... the media didn't mention one thing about these illegal futures affecting the Bitcoin price. Watch the media with 3 eyes..///
It's obvious to see that 'THEIR' futures contracts don't work on wallstreet.. hahahahah... easy to see why it doesn't work on the BLOCKCHAIN..that's designed to expose corruption!
yes, I think that the media didn't mention one thing about these illegal futures affecting the Bitcoin price.
I have been watching their tactics... they call it a "media blackout." From my research they have been using this for years now. This situation is a combination of distraction and blackout. It was all about S. Korea. They didn't mention one thing about Ripple's lawsuit! It's obvious they all work together. What's funny is, they wont WIN this one. Doesn't the unestablishment overstand that the people of the world are fed up with their greedy and manipulative ways. I get a kick out of it, just watching them shake in their boots...
I could have seen a future where BTC would have stayed at a much higher price... but these futures contracts are literal war on the crypto space. These investors have billions in their chest which they can deploy at any time.
They only care about making money. If forcing BTC down makes them money then they will do it.
Yessiirr!! They are doing their best to make up for all the money they lost to the Crypto space. I don't think they actually seen this coming. And i also think they underestimate the POWER of people when they come together. Thanks for the input... til next time... go well...H
You're right, I didn't hear about this, but, I thought it curious when the stock market sky rocketed, I guess we don't have to guess where they moved their money after the sale. There were other solid indicators as well, the Asian New Year has taken a three week toll, for four years running at this time. Great post! Very imformative, To get more votes, I'd suggest added detail, explaining the finer points of your article, that seems to help. Good luck! Steem on!
Thanks Mark I will do just that for my next posts. Appreciate the comment and feedback! Steemin on!!
Very insightful. This is why I am pro blockchain. It should weed out a lot of corruption but I guess with every new day and technology, a new scammer is created. Good thing about BTC is that it always goes up tremendously every time it falls. What do you think it will be worth at the end of next month?
HEY... BLOCKCHAIN TO THE MOON@ BEYOND...LOL... BTC END OF FEB...$15,000 NOW THAT FUTURES ARE OVER..... CAN GET BACK TO NORMAL.... THE NEXT RISES, I SEE, WILL DEPEND ON THE BIG COMPANIES COMING IN.... WALMART, AMAZON, MCDONALDS, ETC....THROUGHOUT THE YEAR...IT WILL BE INTERESTING
Those are very exciting. I've been hearing a lot of the walmart coin. I wonder if Amazon will make their own coin or just adopt one that is already existing? Curious about Facebook Crypto too