The REAL reason behind yesterday's crypto crash!

in bitcoin •  2 months ago


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Well.... this something that I've written about before, and I'm afraid I will have to take full responsibility here, as I forgot to give advance notice! So sorry, my bad....I'll try to remember for next time!

Many people have written about yesterday's crypto crash, pointing possible contributing factors like incoming news from Goldmann Sachs, Shapeshift or even re-activated Silk Road BTC wallets. Whilst these might be interesting readings on why we are seeing red across the board today, I'm sure that I hold the REAL truth behind the sudden market movement.

Correlation is...


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However, as I had written about before, the large downward shifts in crypto are highly correlated with the lengths of my air-bound travels. Every time I board a plane, the price of crypto drops. IF I travel a long distance, it will likely drop a much larger percentage. This has several correlated events now and so the linkage is starting to rise above the dust level of spurious correlations and co-incidence!

Hands off the wheel!


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At the moment, I'm still trying to figure out what the actual causation factor is, but seriously, why can't you guys keep things running on the level or the green whilst I take a day off to travel around to the other side of the world?. During the summer, I stayed out of the air for our holidays and stuck to staying at sea level on a little ferry ship, just to let the crypto market get some stable long term growth under the belt. So, you can thank me for that little respite...

Subscribe now to early warning!

So, in keeping with the entrepreneurial spirit of Steemit, I'm going to start up a private subscription notification service. For a small donation to any of the below addresses, I will let you know in advance when I'm going to do an air flight. The larger the donation, the more time I will give in advance, so that you'll have time to prepare for the eventual fall! For Premium membership, I will let you know ahead of time if the flight is going to be a short domestic trip, a longer within continent inter-country trip or a whale of an intercontinental flight!

Sign up early, and don't miss out on your chance to rake it in when the next downturn occurs! It'll give you a great chance to sell at the top and then catch a nice upswing from between 10-20 percentage points down! FOMO FOMO FOMO!

DOGE

DPxnDMu9yqmzHKHzKLFS58y8wqyChaYBgg

ETH

0xc3c18827986c176d0efc415661420540c2bf0bbf

BTC

1BryNn3T8Uae3wAs2BgX7KCaVoKKxELotc

LTC

LceXuqDwcBrhafdZUR32rQ9Pv34YWS3NAj



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Posted from my blog with SteemPress : http://www.gamerjokerbreadder.com/2018/09/06/the-real-reason-behind-yestrdays-crypto-crash/

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btc going to 5000$

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Big call! I hope you aren't right though!

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Not likely and I'd gladly put my money where my mouth is on this if you want to bet.

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I'm with you there, I just bought a bit more BTC. Hopefully it won't go too far down, but I didn't have time to mess around on the trade market.

Lol Are you kidding us? If you're to travel next time without telling me, may you miss your flight! 👌

Cheers Buddy, nice move ✌

Posted using Partiko Android

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Sorry! I'll make a post the next time I'm going to crash the market!

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Sorry! I'll make a
Post the next time I'm going
To crash the market!

                 - bengy


I'm a bot. I detect haiku.

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Trufflepig and you in one day! My favourite bot friends!

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You better do lol

Posted using Partiko Android

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Need to check out Choon if you haven't yet bud ;)

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That I will! It's on my to do list....

Thanks for letting us know. Now if you could just give me a heads up next time, I'd like to pay to have you orbit the earth a few times and I'll massively short the markets. Ha ha. Is $3.00 enough to massively short the markets?

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That should cover it! Although, based off previous experience, if I'm going to orbit a few times it might drive the price negative. People will be paying you to take it off their hands!

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That sounds like a perfect plan. I don't see how this could go wrong. The seeming absurdity of such a correlation should keep us from getting arrested on insider trading. Little do they know the power that your taking of flights has on the markets! Muah ha ha!!!

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We shouldn't have done our conspiracy on a public blockchain!!!.....

Amateurs!

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Dang it! Now the world will have caught on, so the next time you get on a place, the drop won't even happen. Correlation broken! I guess that's a good thing for you if you want your investments to go up. Heh.

Can’t be any worse than following “techical indicators”.

The incraption point was breached in a backwards lotus pattern indicating a bull market with a 50% possibility of a bear market emerging after the next moving denominator level is tested.

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If Mr. "I'm a TA god" can make hundreds of thousands a year on steemit with his nonsense why not this? LMAO

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Ha ha, love it! All those big words must mean you know what you are in about! Go out on a limb and make it 55 percent!

Hi @bengy!

Your post was upvoted by @steem-ua, new Steem dApp, using UserAuthority for algorithmic post curation!
Your UA account score is currently 3.688 which ranks you at #5066 across all Steem accounts.
Your rank has dropped 18 places in the last three days (old rank 5048).

In our last Algorithmic Curation Round, consisting of 450 contributions, your post is ranked at #165.

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Coins mentioned in post:

CoinPrice (USD)📉 24h📈 7d
BTCBitcoin6461.816$-8.03%-6.45%
DOGEDogecoin0.005$-3.19%64.31%
ETHEthereum227.483$-12.38%-18.64%
LTCLitecoin55.959$-10.73%-6.29%
PARTParticl2.948$-14.27%-12.58%

You got voted by @votefun thanks to Bengy (also musicapoetica). To support development, check out @rishi556. Hosted on the @cryptowithincin discord.

This post has received a 3.13 % upvote from @drotto thanks to: @sbi-booster.

i will sent this to every airline company out there in order to ban you! you will never travel again via plane!

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Ha ha! Nothing can stop me flying! Maybe if I go by underground, things will head up into the green!

Hi Bengy. Found your post at #steemitbloggers. So glad to have finally discovered the centre of the universe... :-)

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Haha! Yes... it always turns up in the most unexpected of places!

I've read as well about a major market exit @bengy. I still think that is a choice to just fill massive bags, preparing to autumn and winter. I didn't took a single profit yet from steemit, just powering up all the way up!

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I invested some and I've also occasionally taken some of the liquid payouts to invest in some smaller altcoins! Stuff that I don't want to risk funds from my main investments upon....

We are SO proud to have you as a member of our
FANTABULOUS @steemitbloggers family!
uvoted and resteemed!

❤ MWAH!!! ❤

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You got voted by @curationkiwi thanks to Bengy (also musicapoetica)! This bot is managed by @KiwiBot and run by @rishi556, you can check both of them out there. To receive maximum rewards, you must be a member of @KiwiBot. To receive free upvotes for yourself (even if you are not a member) you can join the KiwiBot Discord linked here and use the command !upvote (post name) in #curationkiwi.