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Is The Big Bitcoin Crash Incoming? by builderofcastles

View this thread on: hive.blogpeakd.comecency.com
· @builderofcastles ·
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Is The Big Bitcoin Crash Incoming?
<img alt="Bitcoin rocket to the moon" src="https://images.hive.blog/DQmPqwdV4M2rprX16c6v38iSAWyxSqfiaaLKLyLgr3mR463/BitcoinMoonshot.png">

Is this the prophesied bitcoin moonshot?

Or is this the lead up to the big crash?

<center><img  alt="- - - - - - - " src="https://images.hive.blog/DQmXew34of9kAYtbc4N3afKqGa9a2aNZZEurE9uKgYLgisP/HorizontalRule2.png"></center>

There is a problem with bitcoin (and all cryptos)

There is a different but similar problem with gold and silver.

PMs and cryptos are being manipulated.
There are companies that restrict the supply
There are groups that manipulate the prices through short selling
And there are groups that manipulate access to these commodities.

You can see this from various analysis.  
GATA having done a thorough job that shows gold price manipulation... that the SEC seems to be ignoring
The selling of the Mt. Gox bitcoin at the worst time imaginable.
And if you want to buy large quantities of any of these things,  you are going to pay a lot more.
(If you want to buy tons of gold, you are looking at 2x - 10x the spot price)

<center><img  alt="- - - - - - - " src="https://images.hive.blog/DQmXew34of9kAYtbc4N3afKqGa9a2aNZZEurE9uKgYLgisP/HorizontalRule2.png"></center>

But the real problem with cryptos is that they aren't really a thing yet.
They aren't an investment.
They are a speculation about what will be used as money in the future.

But, at some point, bitcoin crosses the line, and becomes  a money. (we call this adoption)
Then what?

Then everything we know gets thrown out the window.

Everything gets flipped.  It is no longer BTC/USD  it becomes USD/BTC
Where the ups are way up, and the downs are more like moves sideways.

<center><img  alt="- - - - - - - " src="https://images.hive.blog/DQmXew34of9kAYtbc4N3afKqGa9a2aNZZEurE9uKgYLgisP/HorizontalRule2.png"></center>

They say that everything that goes up must come down, except that isn't true.
There are several things that become necessary for life / ubiquitous and when that happens, it sets a floor, where it will only go below when something far better comes along.

I believe we are about to see a huge crash in bitcoin.
As the controller/manipulators try their hardest to destroy it one last time.

I also do not believe many people will be able to buy any bitcoin at those low prices.

I believe that now is the best time to buy bitcoin.
Even if we are going to see a 50% (or 80%) correction soon.
Because, after this last attempt to destroy it, bitcoin will kick over that line of becoming money.
And its price will stop being measured in dollars.

How many million-dollar-bills would you buy for $10,000?  for $20,000?

<center><img  alt="- - - - - - - " src="https://images.hive.blog/DQmXew34of9kAYtbc4N3afKqGa9a2aNZZEurE9uKgYLgisP/HorizontalRule2.png"></center>
<center><em>All images in this post are my own original creations.</em></center>
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