I'm in an accredited investor's pool taking part in private sales of ICOs and I have information regarding the overall market trading volume.
Everyone in-the-know are expecting bad regulatory news soon and asked their fund managers / licensed investors to shed their risk exposure as soon as possible. There's many sales happening OTC, hence the drastically lower trading volume, and the recent KYC notice by Bifintex to their select client heralds the upcoming bombshell news.
Call larp, FUD, etc. I don't care. I'm already risking so much over this I cannot divulge more. The series of events recently are not mere coincidences.
not necessarily we may be about to get arsefucked by a series of coordinated announcements by regulatory bodies that fuck us all
Wyatt Brown
Oh no! Crypto is dead for the millionth time!
Lincoln Clark
There were behind-the-scenes networking events during Consensus 2018. Many insiders are seething at the moment because an influential attendee of that private event is acting independently and threatening to whistleblow on the majority of these actors. Hence Bitfinex abruptly sending out KYC notices to select clients.
David Foster
>selling OTC
who is buying then tard? god this larp is shit.
Volume dipped because selling tapered off. It's also the pull back from a rally to almost 10k.
Christian Nelson
There's always a greater fool to pass one's bags to, especially when offered at a discount.
Christopher Turner
once this is over i finally buy into coins lol
Cooper Gray
Give me more info, what kind of illegal activities were discussed?
Nathaniel Torres
so a genuine autist genius pissed off at the sea of shit being falsely pushed and sold as groundbreaking and revolutionary has had enough?
Carter Ramirez
So basically this only applies to western coins.
CHINA CENTURY HERE WE FUCKING GO GO GO
Joseph Morris
I'm risking so much by posting in this anynymoose board.
The absolute madman.
Connor Garcia
Can you tell us exactly what you're.. risking by posting this?
Jason Evans
and why would anyone offload relatively liquid assets at a discount?
Austin Robinson
Good, coinmetro is my biggest hold.
Nolan Price
because they are at a serious risk of being exposed
Ryder Flores
Because government entities never search Jow Forums
> relatively liquid assets You don't understand the scale of the operation.
Connor Garcia
predictions for price of btc after shtf?
Dominic Richardson
what are you doing with your portfolio now OP? holding for now, tethering up, 100% fiat, etc. what’re you doing?
Xavier Jones
> drastically lower trading volume But user, the trading volume for bitcoin and the market as a whole is consistent with the volume at these prices during the last 3 months.
Jose Collins
So how will they explain all the supposedly millions of fiat as the OP larp claims to pop up out of nowhere?
nice LARP
Robert Hernandez
finally ICO distractions will come to an end, and BTC can resume its bull rally. :D
Hunter Russell
depends where they are if in asia they wont have to explain shit
Eli Evans
When you say they are shedding their risk exposure are you saying they're leaving crypto?
All I can say is I can't back out of any of the ICO private sales I took part in, so I'll be going down with the whole crypto ship. I'm not here to shill my ICOs or anything. There's a lot not being said about the market, a lot of crypto hedge funds are folding. I'm even changing the way I write because I'm paranoid as fuck right now. My investment management counsel doesn't want to be liable for having any knowledge of this.
This is not a larp. I can confirm what OP is saying. Things will not be looking good in a few weeks.
Landon Peterson
I don't know why my ID changed but I am OP. I used private mode and had to switch to a different location. I am done posting here though.
Adrian Price
finally i can buy crypto cheap again ive been saving up
Lincoln Phillips
no coiners time to shine
Camden Bell
Also, don't fall for the "below ICO price" meme on new tokens. They're selling below because they want to recoup some respectable amount before this shit hits the fan.
Ethan Kelly
so how do we average anons protect ourself? exit the market or what? is this only a burger problem or global?
Daniel Perry
So I guess I fucked up big time buying XTRD then? Ugh. So be it.
When will they stop using barts to kill the volume
Landon Bennett
They are below ICO price because agel investors sometimes get 25-50% discounts and dump on people who paid the actual ICO price.
Angel Young
I'm in an accredited investor's pool taking part in private sales of ICOs and I have information regarding the overall market trading volume.
Everyone in-the-know are expecting good regulatory news soon and asked their fund managers / licensed investors to increase their exposure as soon as possible. There's many sales happening OTC, hence the drastically lower trading volume, and the recent KYC notice by Bifintex to their select client heralds the upcoming bombshell news.
Call larp, shill, etc. I don't care. I'm already risking so much over this I cannot divulge more. The series of events recently are not mere coincidences.
This is from a month ago and those people went long.
Carson Young
everyone already knows this is coming. don't hold shitcoins and you won't get shitted on
Josiah Evans
Give us something tangible OP
Thomas Morales
look up arkk.. etf dumping bitcoin
Grayson Jenkins
>But these ETFs' big bet on bitcoin is no longer the case. In mid January of this year, ARK began trimming exposure to bitcoin in both funds, and today bitcoin represents only 0.5 percent and 0.6 percent in ARKK and ARKW, respectively. The cryptocurrency is almost a negligible allocation in these portfolios now.
The dumpening is almost upon us. Get your shorts ready fags.
It began with Bill Gates and Warren Buffet. Didn't work as expected. Then ETH was supposed to be classified as a security. Again, it didn't happen. Then they faked Vitalik's tweet, which did nothing. Now they're spreading old news about increasing regulations from the SEC and ETFs dropping Bitcoin. I think that will work.
Carter Taylor
you mean one guy on Jow Forums? i haven't seen anything about bad SEC regulations anywhere else.
These regulations are good, but of course they will be used to spread fear for a week or so.
Benjamin Price
>"Regulators in the U.S. and Canada are launching a widespread crackdown on some cryptocurrency investment schemes, members of the North American Securities Administrators Association said Monday.
>More than 40 state and provincial watchdogs are participating in "Operation Crypto-Sweep," which has triggered at least 70 investigations so far. The coordinated effort, first reported by The Washington Post, focuses on a cryptocurrency fundraising process known as initial coin offerings, as well as other "investment schemes."
>"Although the international task force's work is far from complete, my suspicions have already been confirmed: The market for cryptocurrency investments is saturated with fraud, and our work is only revealing the tip of the iceberg," said Joseph Rotunda, director of enforcement at the Texas State Securities Board.
>Securities regulator warns investors not to get fooled by bitcoin scams Securities regulator warns investors not to get fooled by bitcoin scams 8:10 PM ET Thu, 21 Dec 2017 | 00:37 Earlier in May, Texas regulators sent a warning letter to U.K.- based BTCrush saying it was violating securities laws and misleading investors through its marketing. The company published videos showing the interior and workings of what it said was three fully operating mining farms. State regulators said the videos were actually sourced from publicly available stock footage.
>The Texas regulator also took action against Wind Wide Coin, which used pictures of celebrities including Jennifer Aniston and Prince Charles to advertise its cryptocurrency.
>"Promoters also know that anyone can be anyone and say anything about anything on the internet," Rotunda said. "Not surprisingly, they are also manipulating photographs, media, testimonials and other online information to deceive the public into believing their claims."
Looks like they're going after actual scams, the kind that never make it to big exchanges anyway.
Jordan Cox
Ye, some regulation is actually a good thing. Let's just hope they don't overdo it.
Luis Ward
This. They keep using the same words over and over again.
I instantly knew with 100% certainty, that OP was a paid anti-crypto fudder fag, when I read "greater fool".
OP can't get his story fucking straight anyone falling for this is a retard.
>insider accredited investor AKA he has 1MM USD +, real insider here guys.
>volume dropping because insiders know about regulation, everything being sold OTC
Why sell OTC when you could sell on the market?
>because of how much needs to be sold!!11!
Just to get this straight, no one is buying on the market because of the incoming bad news, yet somehow someone is buying HUGE amounts of BTC OTC, because billionaires are renowned for being uninformed idiots who don't know about incoming SEC regulations? Because by your own logic if the amount being sold OTC is so large it'd crash the market, it means someone very rich is buying that much OTC. Which makes no sense because combine that with low volume on exchanges that means normies (who use exchanges and not OTC) are buying very little, and rich people are buying tons. Which is bearish?
Grayson Sanchez
>Looks like they're going after actual scams, the kind that never make it to big exchanges anyway. Yes, but that instills fear in the market. Even the most obscure scams can affect the price of Bitcoin, and thus of all crypto.
Brayden Howard
Why are people looking at the volume anyway when it can be faked with bots? (srs question)
William Foster
Because even if that 'fake' volume is a guy buying and selling his own coins, you can still market dump on him and leave.
If he stops playing the game, then you're just fucked left holding bags. And if someone else decides to market dump on a close to empty order book your bags are now worth -10, -20, -50% less and full panic ensues.
Don't tell me about it. I still have flashbacks to that stupid south korean fud from january 15/16.
Landon Myers
probably the tether situation gonna blow up wont be surprised.
Sebastian Scott
Fake news.
Hunter King
When you look at volume, you have to look at the AGGREGATE volume across exchanges. This is because the number of exchanges trading crypto has increased dramatically since december. A larger number of exchanges means that each exchange will lose some trading volume to others. Bittrex and GDAX have lost a lot of volume to newer exchanges like Binance, IDEX, or Bancor, for instance.
Aggregate volume is down in relation to January, obviously, because the bubble has burst. But it still is following the nice linear uptrend from September.
Andrew Gomez
SOMEONE GET MONEY SKELLY A SANDWHICH IF HE DIES WERE ALL FUCKED
Benjamin Long
Only people who should be worried are you and your accrediated invested friends. Per your info your group holds large positions in crypto and you openly admit to inside trading and exiting the market. Fuck you ponzi boomers give us our coins back
