I don't for a second believe any of the news out there trying to justify the selloff we are having this weekend.
Thanks for watching.
Tip jar below.
GET FREE BTC AND OTHER COINS HERE JUST FOR SIGNING UP:
RECOMMENDED CRYPTO EXCHANGES:
BUY AND SELL BTC from your phone for CHEAP using Cash App
If your looking to start buying alt coins Binance IS THE BEST altcoin exchange out there.
Please join Binance using this link: binance.com/?ref=10263251
Kucoin exchange is the fastest up and comer and has coins exclusive to it you cant find anywhere else!
NEW KID ON THE BLOCK THAT UTILIZES ATOMIC SWAPS
BUY A NANO LEDGER S HARDWARE WALLET
CONNECT WITH ME:
Add me on Telegram: @mr_kristof
Add me on Snapchat: mr_kristof
Find me on Instagram: mr_kristof
Add me on Twitter: mr_kristof007
Add me on Xbox Live: VoxiKnight
Find me on DTube: d.tube/#!/c/cryptokristof
Read my blog on Steemit: steemit.com/@cryptokristof
DISCLAIMER: THIS IS NOT FINANCIAL ADVICE AND I AM NOT A FINANCIAL ADVISER. AND THESE ARE SIMPLY MY OPINIONS
Who has the most to lose in a crypto world? Banks, Buffets, Governments (taxes). These are also the people and groups who control media, can easily cause panics, and basically disrupt cryptos imminent rise in popularity. But they cannot stop it. It is literally a pandora's box that is wide open. We've tasted freedom. We will never give it up. Coin isn't going anywhere - they know it but they control the media and can create crap like this to make it harder.
This is how we accumulate away from rich people. Buy don't sell, their are only a certain amount of bitcoin. Let's face it Bitcoin is king so hold on till something changes, a new king emerges then you can sell to buy the new king.
so yesterday pump (when eth was not set as a security) was not a startup for a new bullrun, it was again a trap and now they have almost completly removed what they put in. Look at that selling on Binance, you can´t follow it. All these f... exchanges mudholes, everything in this market pure fake. I don´t believe it for one second that real people are selling now because they are scared. Some very few might have to but not the masses.
Neo under 40$, are you kidding me? Back where it was last year many times. Nothing will be sold, you don´t get me out of my position.
NO YOU CAN´T HAVE IT ALL FOR YOURSELF
we the people want some too, we know it will rise again over 100$
THEY will use or produce any news to shadow their real doing. !!!THEY TAKING PROFITS!!!
Question is who are THEY??? Who has that much money in crypto to sell for every shitprice out there? When you look at the order books like Binance, you see that THEY selling for a lower price as they could get. Who is selling 50 BTC for less as they could get? They clearly see that there are MANY MANY MANY buyers and who in their right mind would sell cheap? People who have so much that they don´t care or who simply want that the market (and we) bleed and suffer. What kind of humans are THEY? If it goes after me, investigate, lock every wallet on exchange from them. They will come out and cry "my wallet is locked, how can you do that to me....".
Boy I had people who want to get rich from others, take everything for themself and everyone else gets busted.
I´m far more angry as you are I´m afraid. THEY killing the market and make it look total rediciules when assets drop 90%.
Nobody is selling, everyoine is mega down, everyone is hodling, so what is going on at the big exchanges? Are only bots trading with eachother and at the moment they are set for "sell for whatever bit price is out there". Soon they will turn the switch and then we are orderd to be happy again and build up the price again so that they can short it again in some month.
The tether market manipulation story is complete bs. Because some expert says so. Yet offers no proof. They say that tether was used and is a ticking time bomb. Of course tether was used no shit most exchanges don't accept fiat and use tether.
total manipulation. remember how goldman sachs tried to scare every1 away from bitcoin telling every1 its a scam. well that didn't work . so what was there next move. poloniex. my point being , cant scare u out we will drive u out. also I was watching an interview with Robert d steel the other day and he mentioned something about the 5 big houses that r manipulating bitcoin at the moment. not sure what he ment but its pretty obvious that its going on.
Just saw everyone talking about Hashflare exit scamming. Not that this is a reason but it's one more reason to keep people away from the space. I chalk that money up as a loss. All these stories spreading about scams can't be good.
This whole cryptothing is bullshit, it's a ponzi. Didn't you get that? When there is bullrun, nobody complains. When it goes down everyone cries. It's gambling, hoping someones buys above your price for air. All crypto diehards are so damn naive. You pay what you get, wake up
hold and be patient. The result in the long term will be more fruitful and beneficial. I have invested all my life saving when the price was 10k btc and the price is right in front of my eyes falling. Should i be worried and sell now at a loss. Of Course not coz i believe it will go higher at some point this year.
2017 buy hodl moon lambo is been over in 2017, not sure what you'r expecting. We are in 2018 trader market, where you can profit not only on the way up, but as well as when market going down. BTC no longer needs to or have to, or ever will, go back to $20k ath. If you really want to invest in the long term 2+ years lets say, you better off stop investing in to currency coins as BTC or LTC, instead do research on low cap utility coins, way higher chance to profit. Otherwise, invest smart and don't FOMO. But, most importantly get used to IGNORE the price, just look for trend confirmation before you invest or exit. Don't forget to take in account BTC dominance, BTC volume, whole market itself volume and cap
Sorry, I have to give you thumbs down, because you seems to hodl through the most bearish and gamble trend, which started on 05/11/2018 to present, and now you upset because market dropped a little. You would of have more chances to profit in casino black/red roulette stake.
You all keep forgetting that while you new guys buy and buy and buy here these months, there is big big big guys that bought in years ago at under 1000 usd under 500 usd etc etc, they have TONS of coins, and for them 6-7k is still a fucking good price. This spring is the largest hands change on bitcoin in the past years, insanely large whales selling their coins.
Indeed. Same goes with the Sunday selloff. It's obvious manipulation. It happened so quick that it must be a very small number of people or maybe just one entity, and they chose a low volume day (Sunday). Many of the traders were out riding their quads. If it were a genuine sell such as someone actually liquidating, they would have gone to the OTC markets and got a better price. So they clearly just wanted to push the price down. So I'll just continue my usual routine. I'm in a nice situation financially. It's the result of remaining single plus a frugal lifestyle and a decent paying mechanic job but now my house is paid off and I live well on 35% of my take home pay. That leaves 2800 a month surplus. I generally buy 1000 usd worth of bitcoin every paycheck (and I get paid twice a month). I've been buying regularly (although not as much since until last year I had a mortgage to pay) for a couple years so even at 6800 I'm still sitting on some nice gains. So I'll just continue my usual routine of buying when I get paid, and go on with my life.
They are dumping because on Sunday CFTC issued subpoenas to all those exchanges as they have proof of market manipulation. The rat manipulators are dumping and trying to run with the loot. I know this because I have spoken to the CFTC deputy director and their head attorney.
I think everyone needs to ask to speak to a DMO at the CFTC. Myself and a colleague of mine realized something was wrong when the market cap doubled. It appears that the market was pumped up by deep pockets then dumped down in order for institutional money to hostile take over crypto.
We don't need litecoin. We have bitcoin. That gold and silver thing is just bullshit! Bitcoin isn't gold and litecoin isn't silver. Litecoin doesn't have anything to offer that bitcoin doesn't except a slightly higher supply, a slightly faster block time which is still way too slow and a different mining algorithm. Ethereum is much safer than Litecoin.
OK you don't like Litecoin. Don't buy it. Chill out! The value of a crypto will eventually be based on use-case, LTC will be #1 as a currency used by retailer's. It will also be #1 traded crypto by institutions. Also all ERC20 crypto right now may end up deemed securities and end up worthless or far lower. BTC and LTC are the only safe bets, if there is such a thing in crypto.
Speculators think with quick Lambos but it might be a 10 year hold till you get that Lambo. The market goes up it goes down just like the stock market and forex markets. But I agree its all manipulated and it wasnt because some small exchange in South Korea.
They are manipulating the price AND public opinion, BECAUSE they can't manipulate BTC itself. Just like in gold they're giving us plenty of time to load up. BTC fundamentals are getting stronger everyday. This is investing 101. Buy high value at low prices.
Look at the top crypto hedge funds and what there holding
..its for a reason. 1 btc 2 b-cash 3 ether 4 ripple 5 eos 6 litecoin
You have ether and eos to run everything
Bcash and litecoin for day to day payment transfers
Ripple . International payment system
Btc. For wealth storage and inflation hedge
Fyi ...The sec and.government will tell us what coins we are going to use not the other way around !
It’s really simple as to why the market is going down Wall Street wants to get involved, and they want to buy from much lower prices. Wall Street doesn’t make money by propping up assets for retail investors like us. They make money by taking money from retail investors.
So my advice is to trade the market both long and short or just hodl. But trust me when I tell the real bull market is coming and that’s Wall Street don’t let anyone tell you differently.
media has to peddle fear. mainstream thought is couched in a psychology of scarcity and failure and struggle. its their bread and butter. its all they really know. that's why they don't understand bitcoin. I just tune them out.
I saw the macd and rsi negatively diverging on the hourly and 4hr chart.i saw it breaking bearish but wasn't worried because I had my stop limit set. Well my dumb binance app has had issues with the stop limit! It did not put in my stop order. i uninstalled the binance app and seems to be working now but it sucks that I'm stuck in this long position or take a 15% loss because of this huge drop.not cool binance
F#&KING WHALES DRIVING THE PRICE DOWN FOR THE SAKE OF LETTING THE RICH ELITE IN AT A DISCOUNT PRICE! PRICES ABOVE 7500 OR 8K WONT BRING IN NEW INVESTORS SO THE WHALES ARE DRAGGING IT DOWN TO TRY TO SPARK A NEW RUN!
Great video man. I think everyone just needs to keep a broader perspective on the market instead of thinking even in weekly terms. These dips are nothing in the big picture. Hey, curious, would you be into doing ICO reviews ever? Would love to hear your take on a couple projects like Muirfield IP and Fr8 Network, really interesting looking from what I've seen
The elite were totally caught off guard when the first btc wealth wave hit, now, they are scurrying to figure out a way where you can invest your money, but they reap the big money rewards. They might let you make some pennies on investmentment, but that's all you'll get. Until they get that figured out, this manipulation around seven to ten thousand is all you'll see. Their social model is where they have all the money and common folk like you and me are in nothing but solid lifelong debt.
Seriously, though, I agree it is complete manipulation... the old "big money" families, elite scum who were late to the party, are using what they have under their control to try shake out the weakest hands before things take off BIG time, as necessity for the move to crypto from fiat is increasing rapidly.
Everyone i know in asia is buying! Let them sell while the market takes off! Bitcoin needs to be decoupled from the rest of altcoin. Tron is doing the right thing by exposing to FX via shift markets. Ripple too... Neo is coming up with Neo Exchange paring to lots of coins. Time to let the good altcoin shine!!!
today i bought more crypto, not a lot, im down 2 grand but not selling anything, just buying. Im in it for the long run even if it takes years. wallstreet entered crypto and they are using a tactic called spoofing where they bought really cheap and they have what seems a lot of money to us the average person, they are using that amount they bought as a wall known as spoofing to drive the price down, and shorting it with the futures market, then they have a really big buy order at the bottom where they will buy and then they will use big bids to drive back up after market has been totally depressed and all longs are shaken out, when it goes up people will chase, this might take awhile before that happens. You cannot predict the bottom of where they want to drive it. Just buy a little along the way in cycles.
why would i sell at a loss, thats the stupidiest thing i heard, and yes im going to buy because there will be more bounces, and i will at least profit from the ones i bought at the bottom, ive rode multiple drops , repeat will happen, its not dead. just starting. people who say what you say havent been in the space for years
Hang in there, my man. We'll be back. You know it, I know it, we all know it. I'm certain your content is what keeps some people from walking away.
And i'm ride or die with LTC. 62% of my holdings. Risky, yes. But I just see 15x easily, long term.
I agree with you man. I feel like a lot of other youtubers get caught up in the psychological effects the sell offs saying “its not over, its going to 5k or 3k”. While not being grounded in reality of the obvious manipulation and undervalued position bitcoin is right now.
The miners are interested in finding a nonce which will create a hash with certain characteristics. Lastly, they have to find a random value that they included in the header, which makes the computed hash over that header a value below a particular target. In other words, they do not have to agree to change the protocol. Though there are a few gold diggers attempting to fill their pockets and certain projects that aren`t viable and shouldn`t be encouraged in any way. For users running a complete node, it is a fairly painless procedure to upgrade the software to the newest version. The process of locating a new block to extend the blockchain is known as mining. Proof-of-Work systems utilize cryptographic hashing algorithms to create the action of mining a block a complicated computation. Our software is totally incompatible with altcoins. Changes and modifications to how that it works need to be approved by consensus and every CPU gets a vote. To start with, it`s essential to realize that hardware wallet users control entirely their private keys. Whether you`re bullish or bearish on Bitcoin Gold, you ought not lose your coins as a result of careless mistakes! On the 1 hand, it may result in making a coin that solves all the pending issues. There`s no currency or digital asset named Bitcoin Core. Bitcoin Cash increases the range of transactions that may be processed per block. You could send any quantity of money, any place in the Earth, almost at no cost. You`ve made some great money already on the market, but you want more. For a wealthy individual, BTC`s price premium may be viewed as a plus. For someone without lots of money, BCH`s low price may look like a great deal for Bitcoin. If you have some concerns about the worth of Bitcoin after all forks, you need to be ready for a drop. The distinction is that not all of these suffer the chain split. The primary problem is Bitcoin imposes a hard limit on the magnitude of a block, the location where transaction information becomes stored. The end result is many straightforward wallets, called SPV wallets and very commonly found on your phone, will be quite confused about which chain is Bitcoin. In Bitcoin, the most important reason is known as the network effect.