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RE: Crypto Market Crashing Hard | Reasons with My Opinion

in #bitcoin7 years ago

@jixijenga excellent analysis mate, i really like you thought process. It's quite obvious actually, specially when a power emerges, "authorities want control"... It's just matter of time, when it will be become what it's meant for... :)

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Hey, thanks! At this point I'm up in the air about what authorities want to do or why, but I was discussing this with friends and I'll say here what I said to them regarding legislation here in the US of A:

I'm not saying it'll be a false flag, let's not get too weird, but it could be something. With the amount of crypto stuff out there and it trying to go mainstream on several fronts let's be clear the "old guard" is still quite relevant. Drug dealers, smugglers, and so on. Nefarious characters who need a currency that can get them what they need without the bread crumbs and paperwork. Somebody dumb out there pulls something and it might be the thing "they" are waiting for, targeted legislation is likely already written and waiting to be introduced.

What this means is that, for you, there will be no warning. They will not want to warn you because it'll spoil everything, if they can't catch your funds in the market it'll be like a gun amnesty that asks no questions. People who want to take the guns want you to lose your rights, people who want to take the crypto want you to lose your money. So you need to be vigilant as ever.

Listen for things like, "how could they afford this?" asked on mainstream media. That's the hook. They'll ask it, some expert produced for the occasion will inevitably blurt out "bitcoins!" and that's that.

Those of us in the gun culture have been conditioned to listen to buzzwords with a learned ear, we hear it and we know what tickles a politician's fancy. Soccer moms bawl about children, darker-skinned community figures from some inner-city group fighting some inner-city problem say it's time to disarm racist whites, Dianne fucking Feinstein opens her mouth, and Hillary Clinton tweets how she woulda, coulda, shoulda. We're used to this here in America, now it's your turn to learn the buzzword bingo. Sorry in advance if this all comes down the pike.

There's a lot of weak hands out there who won't be quick enough to catch it, but they'd happily contribute in the panic. Just like with this dip I wouldn't expect entities here to buy in when it hit the floor, and believe me, crackdown here on crypto would shatter the markets. My advice? Stay vigilant, keep your head on a swivel, never exist a conscious moment in condition white. That's not just with crypto, that's with life, if you train yourself to exist at a higher level of alertness it will become your natural state.

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