Topic: Assault of Wall Street against crypto, fault put on the Chinese. Opinion. - page 2. (Read 189 times)

Knowing how there are conspiracies unearthed that are close to this, I wouldn't be surprised that it is true or it will be true but for now, we can only theorize and speculate.

If it would have been coordinated plan then BTC would have been zero and alts would have been in negative.
Government would have asked banks to swipe off all the money from crypto investors, but they can't do that.

Know why? Because the givernment itself know the benefits of crypto space. They are already getting big portion of taxes from the crypto income made by the millionaires.

Lets not argue that its anonymous and millionaires or billionaires don't tell their crypto income, because one word for this - Elon Musk - The billion Dollar SpaceX mission!

Tell me why would Elon's banker refuse to get payment from him if it's from crypto and nice and long lasting?

Think about the big picture here mate!

And that helps spread the FUD. That helps market operators to achieve their goals. If no one would give a f* about fake FUD it would be much harder for them.
Now no one is looking on the chart. Everyone is talking about how much they hate Musk, how much they hate China government. People are wasting time trying to find out a reason for such dump in media. In articles that was paid to appear. Or are made in a way to bring attenction (click-baits) People are frustrated and scared. People are making wrong financial decision based on emotions they are facing.

Just go through this logic with me:

1- We just had second bloodiest day in crypto in last 6 years. No1 is covid panic sell.
2- During Covid panic sell SP500 was crashing, all stock markets were crashing (Europe, Asia), gold was crashing, silver was crashing, oil futures had negative price first time in history, unemployment claims have broken the ceiling. Bitcoin did -55% in 10 days.
3- during "Elon said game" BTC dumped 49% in 10 days. global environment was healthy. SP500 was ok. There was no global FUD, no panic outside of crypto
4- during "Elon said game" Elon said obvious things that every investor know about (I'm 100% sure that he knew about it too in the moment of making financial decision few months ago). China is banning crypto for 10th time? It does not matter too.
5- now answer my question. Was BTC strong at 60k but it was attacked by enormous powers of influence that smash it down ruining its fundamentials that price was build on or maybe BTC was super weak at 60k that even a butterfly's wing would knock him over (tweets with obvious things)? I guess that second part is correct. BTC was super weak at 60k, had no support and was shorted by whales which bought FUD in mass media after that.

Now you should answer a question. Is BTC stronger here? Did it found support? You should definitely not try to do financial decision based on investigation of FUD articles. Create a story based on them, spread them out because they are all just paid FUD to justify -50% dump out of nowhere.

We will see more articles, more FUD. But you should not read them and try to figure out how they connect with each other. You should observe how market reacts on them. No matter if they are true of fake news. If market dump after fake news - price is too high and will go down, beacuse its too weak. If price will not react on bad news - dumpers are out, time to go up.

Why the hate and aggressivity, lot of people believe the narrative in the press. It is good to have another bell and try to understand what is happening behind the curtain. Bring your analysis, be constructive.

The world keeps producing FUDs so as to destroy weak hands. Back in 2017-2018, China also had the same regulation on bitcoin, cryptocurrency, and crypto mining which create huge FUDs and sell-off. In this financial game, there are winners and losers, you can not expect everyone to earn in with cryptocurrency. The money needs to flow from ones' pocket to others. right? If not, how can you able to make money? It is an intrinsic element of investing.

Personally, the current big sell-off has not] harm to me. I have already made a 50% withdrawal to cash (sorry cryptocurrency) so that I can wait for this big dump. Currently, 20% of my portfolio is on cash, which is equivalent to my initial investment so that means I lose nothing. The fact is that cryptocurrency can't increase forever in a short time, there must be a reversal, and whoever sees it first, will be the first one to secure the balance. Be safe my friend. This game is not for novice anymore. Institutional investors, sharks, and big firms have already shared their piece of cake. Without being cautious, losing is the only posibility

So what? You solved it. Congratulation ... will it give back your money you already lost on 50% market crash? NO. Does it help in predicting future price moves? NO. So you just wasted your time.

Do market operators (AKA market manipulators) use mass media to help with position that they have opened? For sure. Do they open their position randomly and then force market to do what they want or maybe they analyse chart, environment to see that BTC has no support below 50k, that pumped too hard too fast, that market is full of newbies, full of tik-tokers and shorting BTC is the most profitable scenario at 60k range? So they shorted BTC and than started to FUD? So all you had to do was to analyse chart and emotions on market to know that they will dump and send FUD. Not analysing what FUD news they used post factum. Creating such stories has 0 value for your wallet.

So they use musk for fud... ok .. possible. They use china ban crypto fud... for sure. They did not dump crypto to destroy Chinese government crypto... XD ... thats hilarious.

"Suddenly Wall Street can accuse China of the fall of crypto." This is even more stupid. What for? Crypto dumped because it has no value - thats the WS whales narrative.

You cannot connect the dots? You think that these people are not coordinating to make billions? Then you are living in a fairy tale. About money, things are not happening randomnly.



I am not a stupid fake news writer. I am an analyst.

Wear this hat. This should protect your brain cells from bad people attempting to influence yours behaviour using 5G... I'm sure all this bad people will try to stop you from telling everyone true.

A lot of hypotheses collected in 1 threads and none of them has anything to do but guesswork. Most of them are simply stupid because of lack of ability to compare a scale of events. You see an apple lying in the middle of the street and you assume there must be an apple tree nearby. You do not take into account that an apple tree in the middle of the street would be absurd, that it is more likely that this apple just fell out of someone's bag. But knowing the fact that there must be an apple tree in the middle of the street you assume that the governments of the world have deliberately planted it right in the middle of the street to reduce the number of internal combustion cars that will most likely crash on the apple tree. Next thing is ... buying insurance against a collision with an apple tree growing in the middle of the road?

Just stop this nonsense. Take a look at market, at your portfolio, at market, at portfolio and try to figure out what should be your next move to either earn from this dump caused by unjustified cause or safe whats left in it.

In 1 month everyone has lost 50% of their value in crypto.
The banks had just offered crypto portfolios to their investors.
Everything was perfectly coordinated.

The message is as follows.
"WALL Street is the best investment. USD $$$ is the best currency. Crypto is just good at losing your money."
"Practically, the USD raised 50% against crypto, everyone should have sold."

This is all an attack on the crypto by the institutions and by the American FED.

The signal for the attack was given by their puppet Elon Musk, and the banks looted the portfolios they had just created, teaching their investors a lesson.

Because the digital Yuan, the official Chinese crypto currency was just introduced on May 12, this kills 2 birds with one stone and flops the Chinese government crypto.

These fools saw nothing coming from the Machiavellian plan. They pushed their crypto by banning Bitcoin mining! How stupid.

Suddenly Wall Street can accuse China of the fall of crypto.

But in reality it is indeed the US and European capitals investors which has suddenly withdrawn 1 Trillion off the value of the crypto.

The global financial system continues its hegemony and continues to manipulate people to make profit.

Just be aware of what is happening. The financial system is not better than ever, lot of conflicts and wars leaded by Europe and US, and inflation is coming big time!
The banks were in the red, they raided their own investors crypto portfolio and refilled with some cash.



Original article is here: https://nicolas-choukroun.medium.com/assault-of-wall-street-against-crypto-fault-put-on-the-chinese-ec6e71a1f811