Is something big is coming ?

• From Last 48 hours whole cryptocurrency market is in BLOOD BATH  .
• Investors has withdrawn more than $ 20Billion in just 24 hours from BTC .
• Ethereum Price goes down 30% in just 2 days.
• Rumors of Ethereum's cofounder Vitalik Death.
  

Lionel Laurent, a writer for Bloomberg, claims bitcoin and other
surging cryptos are bubbles that will eventually burst. He cites a
recent warning by Aberdeen Asset Management’s Peter Denious
that speculation is feeding the frenzy, and he believes too many
people are investing in cryptos as a way to escape worries about
the condition of publicly regulated markets.

Denious claims a lot of money will be lost before a lot
will be made, calling it a “gold rush” mentality.

While low yields drive wealthy investors to bigger risks such
as Argentine debt, some view cryptocurrencies are seen as an
escape from instability and financial repression.

Should a bubble burst, investors will need to lower their expectations
about what cryptocurrency can achieve without rampant speculation.

The more troublesome scenario is that political instability about
wealth inequality and central bankers will drive more people to
cryptocurrencies. Albert Edwards of Societe Generale has observed
that people are close to turning against unaccountable and unelected
central bankers following years of economic stagnation and crisis.

On Thursday, all the top 25 cryptocurrencies, including bitcoin, Ethereum,
and Ripple, experienced a huge price fall. The average value drop exceeded
ten percent in almost all cases. Both Ethereum’s and bitcoin’s market cap fell
by billions of dollars, with BTC dropping to $37.4 billion and ETH to $28.9 billion.

 According to Ramakrishnan, bitcoin experienced its biggest correction
in two years. The banker had seen the opportunity in the fall to show
traders and investors a technical analysis “to demonstrate to you how
traders can benefit enormously by paying attention to technical factors.” 

I THINK THIS BLOOD BATH WILL MAKE PLENTY OF MILLIONAIRES.........

BEST OF LUCK TO ALL OF YOU.....

REGARDS,

AFFAN AHMED KHAN