Basically exchanges have spent the last year monitoring very sophisticated fund flows from a single consortium of very large crypto whale manipulators who have been orchestrating the brutal continued dumps since 2018.
It became clear they were not going to stop doing this, making the multi billion dollar industry players in this market very worried.
It also became clear the primary outlet for these moves shifted to binance where the dumping group expended significant time building a network of KYCd accounts for trusted large moves over the course of years.
Binance finally decided to pull the trigger, either orchestated the hack or let it happen, knowing the whale group was imminently about to move tens of thousands of Bitcoin and equivalent Ether back into their platform for a final major, multi-year market killing move allowing them to spend the next 3 years accumulating so much of the assets they could control the market going forward forever... Mmm mmm mmm oh no no. This is no good.
So brilliantly the hack happens right before the initiation of days of transactions to situate the dump group properly... Suddenly poof. No withdrawals. More importantly no deposits. Whale dumpers very angry now. Don't have backup infrastructure in place at such short notice to orchestrate major dump on such short notice. Plan is ruined.
In conjunction with other exchanges, primarily coinbase and bitfinex, binance all Co. Implement own funds to pump BTC as much as possible in 1 week period, changing fundamental and technical market structure for rest of the year. Even if they were to dump now, effect would be nothing what they wanted. Now entire plan which they've been working towards since before 2017 bull run is ruined. Many people in a lot of trouble. Lots of money just got fucked up this week with very dangerous people. Maybe they aren't trusted anymore. Maybe some end up dead. No good.
Market is saved. Bull run rest of year upon official announcement of fidelity go-live
Except it's going to dump once it hits 7.2k checkem
James Baker
You're over thinking it lmao
Noah Gutierrez
It's a cool story. Wish you had evidence.
Landon Perry
Interesting if true.
Jason Phillips
...is he really though?
Juan Harris
Waaay too much imagination.
Anthony Fisher
I'm more inclined to believe this than 95% of the other shit the Jow Forums conspiracy tards churn up about CZ and tether et al
Samuel Reed
CZ is Satoshi
Anthony Hernandez
I prefer to believe this version of the tale so let's run with it.
Gavin Lopez
This was fun. Good read.
Luis Gutierrez
It actually sounds legit.
Eli Perez
wouldn't be surprised the early adopters it feels have being nothing but cartel-like shit cunts... at what point does a mother fucker need even more wealth why can't they sit in their multi million dollar paid off home and pursue btc for the greater good? the greater good being making myself as rich as possible of course
Kayden Anderson
This is actually very accurate, how do you know this OP? I thought i was the only one..
Easton Carter
Does this have anything to do with the contact poison conspiracy theory?
>mfw reading this while listening to the super fast techno music from the "play what you listen to while Bitcoin pumps" thread. Holy fuck dude.
Jackson Johnson
Holy shit. All I know is this is gonna be a wild weekend.
Eli Cruz
I had the same suspicions we are in for a wild ride.
Matthew Long
Source?
Aaron Gomez
Muh dick
Lucas Young
Significantly more believable than all the TA memesters saying "LELELELEL WE GO 2K NOW"
Daniel Adams
Honestly, the pure TA faggots ripping their hair out because it has to go down to x and every single indicator says sell all the while BTC is pumping is crazy. Its almost as if Fidelity throwing the green light on for an institutional on ramp IS THE MOST BULLISH THING EVER AND YOUR TA DOESN'T MEAN SHIT RIGHT NOW.
Gabriel Moore
based
Cooper Flores
TA is garbage and only works on legacy markets because its nothing but bots.
Connor Thompson
Wtf I love Asians now
Thomas Collins
So you're thinking that now that whales could dump their billions of bitcoin at a higher price they won't want to even though they'll get more money for it?
You also know that there are still thousands of whale bitcoin on binance and other exchanges like finex and huobi that have higher volume, and again, trading is still active on binance.
well, he certainly would have not done this for us, but for the chinese government, they would stand to lose more than they already have, which is quite a bit. make no mistake he does not give a shit about us, just about keeping us coming back.
Dylan Sanders
Cool. Se are back to december17 science fiction stories. Back to 3500USD within 4 weeks.
Caleb Baker
The deep state is rumored to be manipulating bitcoin and it was slated to end this year. CZ is a white hat. Sauce: Utsava-- a psychic youtuber who's videos are consistently deleted
Anyone have any confirmation about a currency reset back to the gold standard and the abolition of the IRS?
Daniel Cruz
There isn't enough tin foil on earth to make your hat.
Christian Perez
kek
Lincoln Lee
gold and silver nigga. The coins to be in before the overnight gold revaluation.
Levi Young
trump is a gold standard guy. trump knows america cant go further without it and knows america would fucking boom harder thean anything without anyone paying income taxes.
you see, jihan was the canary in the ASIC mine this whole time
Zachary Reyes
Yep. The thing is that TA does work... in mature markets. So TA will work when things are slow but when BTC wants to pump, it doesn't give a shit about indicators and that is what the TA fags fail to realize. Every single institutional investor is getting in the game, I dont give a shit about what the homosexual TA flag says, that a fucking buy.
Traded them for eth. Deposits working just fine. Op's theory is shit. Ill withdraw the eth to my wallet when binance opens withdraws and just be all in eth. LINK was the last thing i held other than eth.
