I just dont understand. What caused the dump???? Nothing bad even happened! No hacks, no FUD...

i use crypto to buy droogs online

They crashed the market to accumulate CUR by themselves

Curio (CUR) will be the first crypto project to make staking/passive income possible with real-world assets as collateral (Ferrari, Real-estate etc).
They are building something similar like MakerDAO, and their own CapitalDEX based on a uniswap fork, as a regulated security-token DEX.

It will be the ultimate form of DeFi

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oh right, crypto can be used as 1.drug buying 2. money laundering 3. wealth extraction of fomo retards by whales

>muh tether fud in 2020

I'll take apetit for 400

i doubled up since this "pandemic".

There's a direct correlation mate. Bring up the Google trends meme lines that show no new customers at all. Enjoy the dump cliff dump in December. Sub 10k possible. Screen cap this.

“Why didn’t BTC just go up forever with no dips??”

KYC kills bitcoin as payment for shady shit

KYC also stops money laundering to a degree, which is the biggest use of btc, so those who are laundering are going to continue dumping out of fear

yeah, it should be:
> I'll take weird things to be surprised about for $1000 Alex
> when a commodity loses some value after an unexplained extreme rise in value.
> What is a healthy retrace?

The supply of greater fools ran out.

>tfw got in at 8000$
man, why i could get a loan back in 2017

the us gobberment moved 0.5 trillion in a covid fund which requires congress approval

it's called whales manipulating their market so they can rebuy in cheap.

it's the lizard people dummy

>+100% over the last week
>consooomers needing money

Why is this happening

Oh my god my Mnuchin came into my room with a plate of tendies and I snacked them out of her hand! I thought crypto was mooning?!

BTC was invented by the central banks for three reasons, first, to split the anti-fiat community, and cause dissension in our ranks; secondly, to divert capital away from precious metals; thirdly, to prepare the world for CBDCs. It ought to have gone to zero after 2017, but it has been pumped and re-inflated by tether and other stablecoins, just as the stock market has been pumped and re-inflated by Q. E. My reasons for thinking as I do:

1) Tether is widely believed to be responsible for the 2017 crypto pump (its own founder admitted this suspicion to Jordan Belfort youtube.com/watch?v=Xzpqxqbq0Jg).

2) Tether now has 10x the mcap that it did during the March crash, when BTC crashed to $4000, and also has a 40 billion per annum printing-rate. The only time when tether was ever audited was 2018, and yet even then it was found to be backed only by “75% cash and cash equivalents.” The truth is, tether is probably “backed” by the very BTC which it is printed out of thin air to buy.

3) BTC volume is only 5% of what it was in 2017, and Google searches for Bitcoin are in the gutter. This shows that retail interest is low, and almost all BTC is going into tether's hands (as DesoGames explains here youtube.com/watch?v=qzDjJ-SrojY).

4) BTC is completely worthless as a currency. blog.plan99.net/the-resolution-of-the-bitcoin-experiment-dabb30201f7?gi=a80dff4c0636 In 2017, you had $100 fees and 3-day transaction times when sending BTC. Even if the Lightning Network were implemented, only 0.1% of the world population could use BTC.

5) The only way to use BTC as a currency is to go through Blockstream's second-layer solutions (like the LN), which track and trace everything you do. BTC also tracks you forever on a pseudonymous ledger, hence why the BTC Twitter hackers were caught within days of cashing out. Physical gold and silver coins are therefore superior for privacy to BTC.

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6) Solutions like BCH are not the answer, since, the larger the block-size, the greater the centralization. To the point where you might as well simply keep your gold in a vault and use a gold-backed crypto instead, because that is no more centralized than what you will inevitably have with something like BCH or BSV. Kinesis (allocated gold on the Blockchain) does everything which BCH claims to do (banking the unbanked, 24/7 transactions, making microtransactions, etc.). youtube.com/watch?v=5Q9aYYluRA0

7) Satoshi is really Adam Back, the head of Blockstream. youtube.com/watch?v=XfcvX0P1b5g Blockstream is controlled by the banks and the Bilderberg Group.

8) Bullion banks are bidding up the price of Bitcoin on the futures exchanges at the same time as they are suppressing the price of gold, as Rob Kientz shows. (youtu.be/Bq9SblPW-6w)

9) Promotion of BTC in the mainstream media is unrelenting, showing that they completely back it. The MSM, of course, is controlled by the bankers.

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Crypto is about to be fucking banned in the US. Hesitate and perish.

10) Russia, China, and the other eastern countries have been accumulating gold to issue gold-backed currencies after the reset, not crypto. They already have enough gold reserves to do this. The eastern countries are where the real production is, so, if they don't take BTC, BTC is good for nothing.

11) Gold-backed currencies in the modern banking system would work with perfect efficiency, whereas no crypto can function as a currency for more than a minuscule fraction of the world population.

12) Money must represent savings, i. e. what is useful for production and industry; otherwise, no country has any reason to take it as an equivalent exchange for their goods and commodities. But crypto stores no intrinsic value. After the reset, then, BTC will go to zero when priced in gold (as Alasdair Macleod says).

13) Crypto has enormous intrinsic disadvantages when compared to gold. If you have gold in a vault, you are protected from the following: Being tortured out of your life-savings within ten minutes; losing them to memory-loss; dementia; a thoughtless mistake when making transactions; a key-logger or other hack; burglary (extremely rare with respect to private vaults); a fire; a hardware failure. BTC also, as I have said, lacks the privacy of gold and silver coins, and is fundamentally unusable as a currency. Whereas digital gold on the Blockchain (Kinesis) or gold-backed currencies in the banking system are perfect as currencies.

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by now even most liberals know that this virus is a huge nothingburger

jews