Is Bitcoin Dead? Why Are The Crypto Markets Crashing & How To Make MONEY NOW!!!!

in #bitcoin8 years ago

Are Bitcoin and Cryptos Dead.jpg

Aloha Steemit!

First off, if you don't know me my name is Kinghuman and I went from being a dumbass truck driver to a millionaire via online income. You can find me on Youtube. Now for my post....


If you're in a panic about the fall of Bitcoin and the total freefall in the cryptocurrency markets just stop, take a deep breath and THINK about what's REALLY going on behind the scenes.

First off, the big institutional investment brokers like Goldman Sachs have been buying cryptos building a huge inventory and now they're all dumping. Also, as you may know, Wall St. got into the business of selling Bitcoin futures. The big guns went huge into shorting the Bitcoin futures contracts and now those contracts are coming due.

Coincidence? I think not!!! It's all too easy to see if you know what to look at but the bottom line is what this all means for us, the small investors.

The big plutocrats are manipulating the markets for their own gain. Nothing new, they do this stuff all the time to line their own pockets. Yes, it's illegal but they just pay a small fine and that makes it all good, right?

BULL!!! That small fine is just the government getting their "cut". Like the Mafia does. No difference. This really pisses me off too because not only are we getting fleeced by the big banks & plutocrats, but then our government adds insult to injury by taking a cut of the action and keeping it. OK... I don't want to get into a huge digression here so let me get back on track with the whole Bitcoin thing...

Like I said, yesterday the Bitcoin (and all cryptos) markets crashed hard. Should you panic and sell off??? Well, to answer that question you first need to take a good look at yourself & access your risk tolerance. Actually, this is something you should have done before even getting involved in the crypto market on any level.

Be honest with yourself and discard all the hype the so called "Gurus" have hit you with. Ask yourself this... if you lose $1,000 how butt-hurt will you be over it? If losing $1,000 is a harsh stench crap for you to swallow, then get out, walk away now and never look back.

However, if you would "kill yourself to death" (copyright 1975 kinghuman) if you found out that your $1,000 would be worth $500,000 (or more) two years down the road - then you need to weigh that into your investor profile too. Which scenario would pucker your butt more? Now you know what kind of investor you are and we can proceed.

Here are some facts that should help put you on the path that's right for YOU...

  1. The largest bank in Japan has just announced they will be launching their own crypto trading platform.
  2. B of A has filed a patent for their own crypto exchange.
  3. Virgin Atlantic accepts Bitcoin.
  4. Microsoft accepts Bitcoin.
  5. Dell accepts Bitcoin.
  6. Expedia accepts Bitcoin.
  7. Israel is launching their own crypto currency.
  8. The FBI owns 1.5% of the worlds Bitcoins
  9. Bitcoin jumped 1,298% in 2017
  10. Crypto is about to make the worlds first TRILLIONAIRE

These are just the stats folks. I didn't make this stuff up and it's not "Fake News" (lol). This is the new age we are living in and personally I see this whole crypto situation as a total disruption that can make millionaires out of regular "Johnny Lunch buckets".

The fact that this new currency vehicle can empower the masses to becoming independent - well, that's the fly in the ointment that really scares me. See, the powers that be don't want the avg. person to be independent. The big plutocrats want the slave class to stay slaves.

Plutocrats make their money by manipulating & monetizing the slave class, so anything that threatens to cut their base will be something they will do their best to shut down. OR... they can jump on board and milk the situation for themselves.

Well, at first the plutocrats decried cryptos and denounced them in a blatent propaganda campaign designed to keep the mainstream masses away from cryptos. The threat of investors redirecting their funds away form "their" markets into markets that "they" couldn't (or didn't) control & manipulate scared the crap out of them.

You had Goldman Sachs saying Bitcoin was junk but then, behind the scenes, they rushed to buy Bitcoin with both hands. Yep, it looks like now these assweasel (copyright kinghuman 1975) plutocrats have decided that they can make more money by joining in and manipulating the markets rather than trying to crush cryptos.

Good news for us because we know what these scumbags are all about. Pump & dump and they'll do it as many times as they can. As long as we know this we can just ride their wave and prosper as well. At least that's what I'm doing.

I am not a professional investment advisor and I am NOT giving you investment advice here. I'm just giving my two cents so take it for what it's worth and don't bust my chops about it. Beware of all the new Bitcoin gurus that are suddenly experts on the subject.

Research for yourself and make informed decisions. It's YOUR money and nobody cares about YOUR money more than you do.

Be safe guys and you'll prosper.

Cheers!
Kinghuman

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