Is this the real reason of the market crash?

in #bitcoin7 years ago

The Biggest Heist Possibly EVER is Happening NOW!
This Reddit guy can be saying the absolute truth, the people who hodl will be happy soon.
Early November it's announced BTC will have two Futures Market.
Shortly after the announcement Hedge Fund Managers along with the wealthy elite start buying up BTC by the billions in order to drive price up to ATH (19k) with the knowledge of knowing they would short the 1st BPOE future.
First Future Market set at 15k
Hedge Fund Managers start laddering sales of their now ATH BTCs making BILLIONS.
These large sales slowly create panic and more people start selling. By this time The hedge funds guys are close to cashed out.
Market takes a dump and the Hedge Funds Made Billions buying BTC Low and selling high while at the same time NAILING their short call on Future Market.
.

OK GREAT HEIST RIGHT? BUT WAIT THATS NOT ALL.

Hedge Funds Managers and Wealthy Elite go LONG on BCME Future which is due 10 days after the first futures call.
Market takes a complete nose dive back to 9k and gues who is their to start buying again? Thats right the Hedge Fund Managers and Wealthy Elite.
With their newly made BILLIONS the Hedge Fund Managers push the price back up over course of 7 days in order to hit their LONG CALL on 2nd Futures market.
If you see a spike in the price of BTC and overall market cap after 1pm PST today (when 1st future call settles) you will have witnessed one of the greatest robberies of ALL TIME.
Credit:https://www.reddit.com/r/CryptoCurrency/comments/7r2yyz/the_biggest_heist_possibly_ever_is_happening_now/
U5dscBkr1yEkQMGdLKCTjrx7T5Uyyj4_1680x8400.jpg

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Thanks for the information. But isn't this a not so good thing. I guess.

Yes absolutely. Institutional money can have positive and negative impacts.

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