Why did BTC crash today? I actually dont know why

Mario if he dead

didn't crash hard enough, fake and gay

either go down to 14k, or keep going up. This is no crash, it is boring crab market again.

Because America had it's turkey day and it needs money to pay for turkey so they sold bitcoin to pay for turkey dumping the price

Attached: turkeys.png (990x139, 11.93K)

seems probable

nofucksgiving

This boomer I know who has no experience put money in to NIO on T212 and is up $5000 since summer and I'm more or less equal on what I've put in on Chainlink. Fuck that coke sniffing Mercedes driving noob.

>normies
Looks who's talking lol

Crypto faggots are the worst.

Attached: 1583609615191.png (700x695, 772.43K)

unironically and literally this.
amerimutts gonna crash this thing with no survivors

Lmao who the fuck has to ask that from them self

cucks sold

CZ is the new Hayes and he decided to long squeeze his customers for free coins.

Waiting to get into BTC once it drops below 12 at least.

jews

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.

(1/3)

Attached: 1.png (750x450, 330.02K)

Its funny because the 2018 crash also happened in winter around the same time as this one

It was a false pump. The whales were unloading before the market freefall in 2021.

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.

(2/3)

Just a correction in a medium bullrun , will go back to 9-13k, re buying opportunity and then real bullrun will begin

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.

(3/3)

Attached: 3.png (1291x1790, 320.48K)

*Chads

Goldman Sachs and other equity firms for tax purposes can only pump crypto once a year I think

you base that on what?

They killed my homie Mario

actually looking at how the bears are defending 17000 this is probably a futures settlement manipulation scam.

because it´s fundamentally flawed and is going to zero within 2 years top. Screencap this post

you are all a bunch of bi polar fags.

its crashing today because it had a massive run up to serious support which is the ATH.

a pullback is inevitable nothing goes up in a straight line forever.

Im buying the dump, starting at these prices and I got another lump of cash to buy when/if it goes lower which I think it will be 12-13k.

I hear every damn tin foil hat theory about gold, and the gold standard and any other fag know it all calling for 10k and oz and other retarded prices for silver and it has NEVER happened for the last 10 years and it WONT happen. All the theories on this shit is from these experts that are part of the precious metals cult that will gladly take your fiat cash for these rocks they claim to be the most valueable thing on the planet and calling cash and fiat the most worthless shit on the planet. isnt that funny how they all accept the worthless shit for the most valueable thing..

your money.. go buy your peice of shit rocks.