Emperor Bitcoin and The Great Crypto Civil War
Traditional Market Whales vs Legacy Bitcoin Whales have begun the Battle for 2018 Supremacy. First they sent in the CBOE infantry. Then CME brought the Calvary. Never mind AXA, Goldman Sachs, and Wall Street waiting on the hill holding their Billion Dollar Banners High on behalf of King Dollar. Upon the field, Shiva the destroyer walks beside new Crypto Blockchain Millionaires and it's united front. King Dollar, The Oligarchs of Oil, and Bishops of Debt had reigned for many moons and would not go quietly into the night. The enemy has deployed it's diversions in the guise of BCash and a man wanted in Belize. But this hardened band of HODL Warriors have stood their ground. With it’s Loyal Advisor, Litecoin and Man at Arms, Ethereum by his side, Emperor Bitcoin’s war cry empowered his army forward through the fray.
2017 saw the One Hundredth Monkey learn to crack the coconut as Bitcoin gained popular attention and wider adoption. Altcoins rained down from heaven. A fertile crypto valley blossomed. Over recent months, Chicago's big dogs of war were unchained as CBOE and CME offered futures trading on Bitcoin. Roger Ver was selling BCash on CNBC better than the Slap Chop guy on Home Shopping Network. John McAfee exposed himself siding with the likes of Adam Guerbez and other projects previously dead in the water as he attempted to Lazarus like pump them from his Twitter Hide Away. And proving there are those whose only selfworth is rooted in the illusion of just financial wealth, turncoats turned to embrace the false profits of Bitconnect, USI Tech, and Ponzi Parades. Hearts were broken to see those we once trusted unload their heavy bags of CrapCoins on new recruits. The old Jesuit game of "Divide and Conquer" was afoot amongst the Blockchain Nations. Even the fearless Chikun, who once soared above the eos of legalese and ether of secrets, came down to earth, as Charlie Lee reduced his stake in his own creation.
But all was not lost. Despite BCash being added to Coinbase, it's Ivory Tower is still bleeding. It is nearly Christmas, John McAfee and other Pump and Dump Clubs too obey their instincts to Take Profit for the Holidays. The Holidays always see profit taking, the same has and will happen again near Labor Day. As the Traditional Market Whales tried to Shake Out the Little Fish to send them scattering into BTrash and McAfee Coins, the mighty Legacy Bitcoin Whales settled in for the winter. This was their Valley Forge. This would be their Gettysburg, their Waterloo. The Battle Cry was simple, it had won them many battles before, it would win the day again. The youtube channels like Tone Vays, James Bond, and others continued the simple message of hope just like the words of FDR, JFK, and Churchill's did on radios decades ago. Where was Fontas? Who is Loomdart? It did not matter, for the Twittersphere was a constellation of CryptoMedici's who echoed the battle cry that would save them all. Soon, even the newest member to the cause would know one simple prayer to keep them warm in the coldest winds of uncertainty.
"Stay Strong. HODL On."
Whether Bilderberg is behind the Crypto Civil War or not, the Emperor has spoken. Whether adopted or the rightful heir to The Elite’'s one world currency, Bitcoin continues to strike like Zeus to slay the Titans. After a meteoric rise in just the past year, Bitcoin hit All Time Highs December 16th. Altcoins had begun a bull run on December 12 that began turning bearish December 21. Bitcoin's top showed healthy signs of correction December 17. Three days later, the bottom dropped out. December 22, 2017 would become another Black Friday for the books. Bitcoin's price plummeted over $5,000 in a matter of hours, but over the course of less than 24 hours recovered $4,000 and by the time the next days candle had begun, the mighty hammer of Thor reminded us nothing can stop this beast of a coin. Beast Coin, I just had to say it, because it's fun. And those who HODL'd through the storm could also look back and smile. Their hands were strong from facing these dips before. This was after all, only a 33% dip not to be feared, but faced. And while those who shorted the market may have picked up a penny, if they did not take profit, they were left bleeding in the streets. As the carnage settled, as some Pump and Dump clubs swept in like scavengers, as Wall Street, Chicago, London, and Switzerland Shorts retreated back to Hades, the Bitcoin Whales marched on with the wizened Little Fish in tow.
Today is Saturday, December 23, Christmas Eve Eve, and currently Bitcoin is ranging around $16,000 again. I personally had cashed in my BCash around 15K before getting a good night's sleep during the steepest fall. I woke and video recorded the Bitcoin Bounce at 10K Live. I posted it on Steemit, Blockchain's Decentralized Information Exchange. I should have trusted myself, I had drawn FIbonacci levels in calculated preparation for a correction. I fired early, a lesson learned to trust oneself and wait to see the whites of the enemy's eyes before pulling the trigger. My field notes still suggest a range of 13K ~ 15K through the Holidays. People are rightfully taking holiday profits to invest in the greatest of Values, Time with Family and Friends. Sure, there are Lambo Yachts flying to the Moon, but Bitcoin's greatest holiday gift is not the price. Bitcoin is the face of Blockchain, and it has shown that if we stand strong and HODL on to our faith in something, it will survive, no matter what the opposition brings in Fear, Uncertainty, or Doubt. One need never have Fear Of Missing Out on anything if one is investing their time and energy into it. To restore balance to the universe, one need only restore balance in one's own life. Fiat is not going away anytime soon, perhaps a truce is on the horizon. Perhaps peace is possible. I know not, I only know change is inevitable, and for those who believed in Bitcoin on Black Friday, Bitcoin believed in you.
The Emperor has spoken, "Stay Strong HODL On."
Previously….
Working towards the World's first "Proof Of Humanity" Blockchain, IMPROVCOIN
Join the @jacobts Curation Trail. Help yourself by helping others.
Comedia del Improv Class. January 2018 at The Improv Shop in St Louis
Charting Price For Beginners on a Budget from someone getting by on Bitcoin.
This is Why I am on Steemit. Why are you here?
contact earn.com/jacobts | twitter.com/jacobts
Micro Invest with Acorns
Binance | Coinbase
This had me rolling! Don't fall for the Pump and & Dumpers this Christmas folks. Resteemed!
Hilarski, it is an honor to see you in the comments. Thank you for all you do for steemit. Glad you liked my fantastical Bitcoin Story. Wishing you a Happy Holidays!
Historic post Bruv! Highly rEsteemed.
Oh, this is the kind of thing that I adore on steemit! AH HAHAHAH. Mucho Nice Find Frank.
Fantastic post. Extremely well written. Thank you and HODL together
HODL on Friend! Thank you for stopping by.
That was entertaining. Part of me always wonders if I should have BCH or not. I did not have the benefit of the fork. However I prefer other coins to BCH. The only thing is that maybe BCH still has a movers advantage compared to other alts and possibly it is easy/easier for merchants to adopt BCH in addition to BTC since they share so much in common. But so far I still don't trust it. What do you think?
I agree with your assessment completely. I think in the long term we probably won't have either. I'm afraid bitcoin core has been compromised. I would do some digging into what segwit actually did because it basically ruined bitcoin. I don't know if I trust BCH but their open letter was really good and so far they've done amazing things. If I had to choose I would take BCH, but honestly I think something like cardano will likely outlast them both.
As time heals all wounds, so does it allow a balanced reflection. I agree with @littlejoeward on some points. But the evolution in the tech continues. As far as BCH goes, if it fluxuates, it becomes a trading vehicle. So, it's all good. But at the end of the day: Who is Chicago, WallST, London, Swiss Big Boys sinking their options and futures billions into? The Emperor.
Awesome piece man. Agree with everything you said, with one comment: I don't have much faith in BTC per se (though i still hodl it), but more so in other crypto coins that offer added functionality, better scalability, lower fees etc. But that is besides the point you made anyway. Looking forward to your next piece.
Thank you! Followed and looking forward to your future works. I agree BTC has a ways to go. But at the same time, it has also shown to attract the attention of Big Boy Billionaire Legacy Markets. Hence, it is not going anywhere anytime soon. CME is just getting started shorting it. Switzerland is just getting started investing in it. HODL on and Happy Holidays.
How did I never see your posts until now? You are awesome. Hilarious! ⭐️⭐️⭐️
I am delighted by your comment. Thank you!
I see you too are a writer, and I look forward to catching more of your work.
All the best!
This was brilliant 😂 now I feel like a 300 warrior.
HODL!
Cheers! Happy HODL Days.
Beautiful. Hail to the Satoshi Warriors and Bitcoin Keepers, the old Gods have returned and Babylon shall burn once more!
Wow. I like your panache. Happy Holidays!
As over-the-top and aggrandized this post has been, there is a kind of literal truth to it.
The movements of value across various currencies and industries is kind of like the movements of troops in war. And there will be real-world consequences for these battles.
Like it or not, we are all in the middle of this. Anyone who HODLs is part of the overall strategy. Those who buy and those who sell are also playing a part, for good or ill.
And here, on Steemit, is where all the voices congregate. Every expression of amazement or prediction for the future finds its way here. It's the place where people can point out what's happening and know that their readers understand what the conversation is about.
These sure are exciting times.
I completely agree with your reflection. Thank you for reading. Looking forward to learning more from you and the rest of steemit.
I'm new to steemit and this post was SO enjoyable to read!
Welcome. Stay in touch with those you appreciate. Steem on and be blessed! Happy Holidays :)