We're on the brink of stock market collapse yet again, is it possible that the ruling economy, banks, governments and so on, try to kill off BTC and thus our market as far as possible so nobody gets the idea to jump into crypto as a safe haven. Because strong BTC during a financial crisis would seriously endanger traditional stock markets and our current economic system. Actually BTC emerged from the previous financial collapse 2008 and if you think about it, shouldnt this be the time for BTC and cryptocurrencies to prosper and stand against banks and our current financial system? Somehow it seems to me all the FUD and the sudden "invitation of normies" by the media in december led to all this, it even managed to take a lot of trust and split up the crypto community a bit. I've been around Veeky Forums since about 2009 and know about BTC from here since then aswell. Just a thought.
Josiah Butler
>Conspiricy to fuck over basically anyone and everyone to maintain control of global financial markets >Jews Story checks out.
Cooper Torres
Stop panicking. It's the "dumb money" from Christmas that entered and now jumps ship. Bitcoin is up 500% for the 12 months. That is not sustainable. Doesn't mean it must go to zero.
Charles Clark
fuck bitcoin, fuck stocks my theory is that the central banks who are declaring now bitcoin as a threat to the financal economy is win win situation for them they can tell the normies "we told you so guys" and "see guys cause of bitcoin our economy collapsed"
Ryan Jackson
It just came to my mind that this is a possibility while thinking about it. We all know that we're still a bit away from the adoption and real day to day usability of blockchain and BTC. But flooding us unexpectedly with normies to artificially pump the price up so it can dump like a rock and spread overall media-hyped fear to back people off crypto during a financial crisis seems like exactly what they would do to cuck a serious competitor to this enslaving system of debt we're all trapped in.
Nathaniel Hernandez
It's a very plausible scenario.
But then there's the other scenario where Wall Street hopped in around 8k, sky-rocketed the prices, and pull the plug in a world wide FUD, and will now buy in cheaper and control the market. So not only do they control Wall Street, they now have control of Crypto.
Camden Mitchell
Been thinking this for a while. Bitcoin is shit and it will die, but everything else, everyone wants a good price, especially the WS joos.
Jace Peterson
Not panicking, I'm definitely not selling or anything in a massive correction. And I know every ATH always needs to trigger a collapse relative to its rise. But I am also pretty sure that this is manipulated beyond healthy retracement. Yes, 6000$ per BTC is still in healthy range, the way and timing its happening is not in my eyes, just like the timing for media to pick up on the crypto hype earlier this winter. Somethings off about this.
Isaiah Stewart
Oh yeah, I'm definitely curious if old money is screwing with new money.
After all, Gaddafi wanted to go back to the gold standard for trade...look what happened to him. Even SNL (Saturday Night Live) showed him as being a evil crazy person. The media (Jews) are always involved.
Robert Morgan
We are watching social manipulation unfold before us.
Camden Robinson
>We're on the brink of stock market collapse
Nolan Young
All charts almost exactly the same on the crypto side
Owen King
Bitcoin is not in bubble. Anymore. Isn't that perfect place to store cash? You can be 100% sure there is no bubble about to burst eating your money.
Caleb Howard
Yes, the entire global economic system will crash specifically because bankers are scared of crypto.
Are you fucking retarded?
Carter Anderson
...
Logan Russell
Too much coincidence
Stocks falling 666 points just before big crash?
Cabal jews are at it again
Blake Miller
I think you misunderstood me, the stock markets will crash, this has nothing to do with crypto. But while this happens I am pretty sure they will want to prevent the cryptomarket shining as an alternative for our current economic system.
Jeremiah Brown
I told you to buy gold, why didn't you listen? Your internet money is worthless.
Isaiah Thomas
Are you suggesting that major economic movers had the magic power to foresee a stock crash, but not enough magic power to prevent it, so instead of adjusting their holdings in the market that the care about they are instead tinkering with BTC futures? Add more foil OP.
Landon Rodriguez
No, he meant (((they))) knew this economic crash was incoming and (((they))) knew (((they))) had to take crypto down with it or else
Evan Nguyen
I honestly think this is what we needed for crypto adoption. With the meltdown of traditional markets and the lose of faith in the dollar, this would be enough to even convince the normiest of normie to adopt crypto.
Carter Gonzalez
That's not even a correction That's a hiccup
Michael Edwards
Look at the S&P chart. You dont need magic powers to forsee some kind of correction for global financial markets coming very soon. And corrections for a slowly moving market like the global economy are almost always a financial crisis because of debt/interest relations.
Jordan Taylor
You can call it a hiccup, but its the biggest and fastest hiccup we've seen in years, usually followed by a heavy correction that always follows after ATHs, no matter which asset you look at.
Julian Brown
>corrections for a slowly moving market like the global economy are almost always a financial crisis shit like '08 is an exception, not the rule
We'll see I still think it'll be back on the bounce upwards before the day is over. All the fundamentals are amazing right now
Ian Lee
Yeah, thats true. But also every rise needs a natural cool-off phase. Maybe it is just that. I'm not too sure if fundamentals are that good for the market right now, its such a huge topic with so many connected relations. I dont see the world in such a good and wealthy state right now compared to how stocks performed the last month. I dont even see the US economy in such a shape.
Chase Ross
Priced in. Look at the indexes. They’ve all formed a left shoulder. Unless they form a v rebound, which is highly unlikely, they will either flatten out or dead cat bounce. Either way that would account for a right shoulder which is high probability (ie 75%) for further downward pressure. We are looking at another 5% correction.
Daniel Turner
Even if it's as bad as '87, and it won't be due to the lack of outside pressures(storm, Iran,etc) It'll bounce back no impact on the real economy