Why Crypto Crashed Today

My thoughts on why the entire crypto market just tanked... (tl/dr)

The people behind B cash thought that this would be the perfect time to launch a full-scale and highly coordinated attack in it's never ending attempt to become 'the one true bitcoin'.

1) They had that idiot Swede from bitcoin.com come out and announce on every media outlet he was 'selling all his bitcoin, because it's useless'. 2) They then began a well orchestrated FUD campaign that included paid click-farm shills posting everywhere about how Bitcoin will crash there's is the better solution... 3) At the same time Roger, that idiot Swede and others from the Chinese mining groups who collectively hold hundreds of thousands (if not millions) of BTC began dumping just enough to steadily drop the price and reinforce their message... 4) Add in spamming the network with fake transactions to slow things even more...while shouting "See, we're right..."

....All timed to be within 24 hours of the Coinbase announcement.

Clearly a well planned power play and It was clearly successful... (sort of)

Roger Vers and the Swede and the Chinese miners? They all made a shit ton of money. Maybe you did too if you got out in time so who cares right?

You should care.... this past week was an important week for all crypto as it was the first week of real Wall Street money coming into the market with CME futures (5x bigger btw then CBOE). It was widely known that many investors would be waiting to see how things went, to see if it was too volatile, too manipulated... And guess fucking what?

Today Ally Financial announced it has changed it's mind and won't allow its 1m+ customers to trade Bitcoin futures.... people are reading about how corrupt the crypto space is with the Coinbase insider trading scandal... and tomorrow morning they will all wake up to read about how it crashed... And they won't seperate out one coin from another... to them it's all the same and Bitcoin is the leader.

So... the truth is we will recover but make no mistake, the bullshit greed war that Roger the fucking felon started has set back the entire market as the 'institutional money; we all hoped would flood in is now saying "No fucking way"... That and the Roger cartel dumping of BTC in an attempt to get it closer in market share is why we are tanking.

Now go on, flame me back... I expect it..I'm happy to provide references to all of the above (or you can google it yourself).

So realize this.. the threat to crypto is not just from governments or Wall Street or some hacker stealing your shit, it's from greed. Greed from within...

Or maybe not. What the fuck do I know :)