There is a lot of FUD (Fear, Uncertainty, Doubt) out there and talk of the bubble being popped. I remember in my youth people talking about putting your money in a savings account where a good one might grow by 9% in a year. It was considered smart by the average people.

So in that system if I put $100 in that account a year later I would have $109. I used to talk about hypotheticals of winning the lottery. I dreamed that if I were to win the lottery and put $1,000,000 into the bank I would make $90,000 per year. I could more than live off of that then and now.

That was the status quo. The risky investments that might pay off more were generally in stocks.

So currently as I write this here are some current prices from coinmarketcap.com on this February 6th, 2018.

• Bitcoin: $7,097.75
• Ethereum: $716.18
• Steem: $3.18

So for this to be a collapsing bubble then the losses should be staggering right?

If you only purchased a few months ago when it was around $10,000 and saw bitcoin soar to $20,000 then you might think it is a crash because you are thinking way too short in terms of time frame on an investment. You would have taken a loss.

However, what were the prices last year at this time.

• Bitcoin: $1043.52 (It is up 680% from last year)
• Ethereum: $11.35 (It is up 6309% from last year)
• Steem: $0.16 (it is up 1987% from last year)

For the record this trend is the same for the stock market as well. Even with the huge recent jobs stocks and cryptocurrency are substantially higher in value than they were this time last year. That isn't a crash, or a bubble popping. For people investing only recently it may seem that way, yet that kind of short term thinking is going to typically lead to doom in any stock or crypto investments. Long term things still look beyond compare when setting it next to a savings account, CD, etc.

What you are seeing here could easily be triggered by powerful people that own a lot of stocks and a lot of crypto. They sell off a lot of it, this causes FUD and other people panic sell off driving the price lower. They wait. They buy in on the low and they force multiply their wealth.

It can also be done by these same people when say they don't like Trump and want to make him look bad. I mean in the U.S. the wealthiest most capitalist people in our nation are actually left leaning people pushing for socialist agendas. Why? Socialist agendas lead to government backed monopolies. Who do you think will control these monopolies?

Cryptos are still a great investment, and things are not nearly as bleak as the media, and some people giving into the FUD are trying to paint it.

Now, it could get bleak, but for it to truly be a crash the prices will need to fall lower than where they were last year. If they don't then it is still a far better investment than an interest bearing savings account.

What we are seeing here actually seems like a combination of things. It seems like a deliberate sell off to provoke these reactions coupled with a trend that seems to have happened for the last four years at this time of year.

The following charts are bitcoin from January 1st through February 6th compared by year:

2015

See that big dip on January 14th. There is a similar dip displaced by a few days every year as I will show.

2016

2017

2018

Though there have been coordinated efforts that seem to have impacted prices such as false news reports in India and other places, it typically rebounds quickly.

However, the recent decline has also corresponded with a similar decline in the stock market. This was immediately after Trump received a 75% approval of his State of the Union address. Is that coincidence. I don't think so.

I see all of this in the crypto space as an already annual trend being exacerbated by propaganda, political agenda, and intentionally triggered declines due to large sell offs.

I don't see it stopping crypto. It is just spooking people, but considering how UP we are from last year in both crypto and stocks this is not really a crash. It is just being harnessed as a political weapon to make it seem like it is.

They are intentionally pouring gas onto the fire that is the FUD.