Is this whats fucking us?
Doesnt sound very good for the future
Is this whats fucking us?
Doesnt sound very good for the future
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The mexican cartel?
No, the Jews
No. It's taxes. People are cashing out before tax season and certain (((people))) are also dumping the market as hard as they can to fuck normies over and anyone who go into crypto in the last few months.
It's just a giant ploy to turn public sentiment combined with natural market forces. They pumped the market in December and got it as high as they could so that they could dump hard until taxes were due and put as many people as possible in tax debt. The result is that people need to cash out entirely just to cover the taxes or a part of them or fail to do taxes and make them a criminal and unable to realize any future crypto gains without comitting tax fraud.
It's going to keep going up a bit and down harder until taxes are finally due and then you will have your moon mission.
100% a cartel is present in the crypto market because of stupid ass futures. The people that thought bitcoin being listed on CME was a good thing are fucking retards. We’d still be going up if it wasn’t for futures
Is this true though?
Your looking at it from an American point of view, what about the european and asia markets? Taxes operate differently everywhere, in UK we only have to pay once we cash out, someone could put £1m in and trade it up to £100m and not pay a £1 of tax until they cashed it out.
This. No one cares about taxes.
Haven't we known about this for a while now? Whales own bitcoin entirely, they can pump it or crash it at will
100% this
Lol seriously the type of people blaming this on tax season are the same people that blamed it on Chinese New Year
it's miners you fucking idiots.
Right now whales are fighting eachother, there's a group trying to pump it and a group trying to dump it. That's why we keep having strange big pump candles and big dump candles, it's incredibly inorganic
dude this isnt whales, these are fucking undiscovered ocean dinosaurs swimming in the deepest depths.
Right now people are cashing out to buy Easter presents, the same thing happens every year
Lol okay bud keep telling yourself that. What’s the excuse gonna be when we don’t go up after Easter? Not everyone in crypto celebrates easter dumb ass
yeah, Easter presents. nice try shlomo
This post reeks of newfag. You faggots are so easy to detect. Go back to r/bitcoin.
it was bait
You have to go back
>Bitcorn Liopleurodons
>People are cashing out before tax season
Only burgers have to pay taxes for crypto and burger make up 5% of the total volume.
Burgers are so poor, they are irrelevant in the BTC market.
You're a fucking loudmouthed retard. Go back to plebbit.
I’ve been here longer than you faggot don’t be mad it’s the truth and you got into crypto in December
(((they))) are cashing out for passover
This actually makes a shitload of sense, thanks for posting
That's nice user. Solid meme potential
The jokes on everyone when this was the bait the whole time
Stop it with the conspiracy theories.
It's really fucking simple. BTC wasn't really worth $20,000. That's it.
Funny high volume DUMP
I ain't givin' you no tree-fitty, you goddamn Loch Ness Monster!
True it's worth like 100k or more
This is true, for now. But it was pushed for that number and that attracted a swarm of normies.
What the OP posted makes a shit-ton of sense. I sold everything in January with 400% profit, but my fear was Tether instead of futures.
Btw, how tether fits in that conspiracy ?
If the name of the game is acquiring btc, giving people iou's for something actually valuable seems like a pretty solid way to go about it.
let's assume this cartel is real, and it's purpose is to protect the legitimacy of usd.
why hasn't another country come in and shit all over them? russia or china for instance.
tldr it's a game to obtain more bitcoins using all market mechanics, shorts, futures, pumping alt pairs with tether to sell later and get more bitcoin, then repeat it and rebuy with more tether at lower price. Shorts, tether, alts, futures are all used to suck as many bitcoins from noobs as possible
They have tried. why on earth do you think USA and its cucks in Europe poke russia constantly? and sanction them over anything, while always trying to make them the bad guy when its simply not the case?
USA tried to destroy russia from early 90s by instaling Yeltsin. Putin came from nowhere unexpectedly and turned it all around and they are again trying to nip it all in the bud.
China is a different story.. USA will well an truly have met their match with China very soon and probably lose. The thing is, they cannot manufacture a war against china because it will be extremely obvious to the world now. The war is being fought economically and USA just cannot step keep up the facade for long. They are using some real desperate tactics to stop it.
CHINA and Russia are both taking steps to weaken the USD every single year.
To all of you in this thread with more IQ than a typical brainlet - I really, really want to believe that this crash is just market doing its own thing. But I have a feeling that cartel is real, some people definitely see threat in bitcoin to their actual financial system. And they want to 1) destroy it (may be too late for that) 2) own as many crypto as possible even tanking the price down, because they know deep down it will be valuable in the future (imo it's hapenning since 17 Dec since futures were introduced). So they decided to let people fomo, pump the price and then dump the shit out of it to scare everyone. In the meantime they accumulate from all of us
This would make sense if people actually paid taxes on crypto, which pathetically few people actually do