>verifiable undeniable proof btc is being bought with fake tether, literally the next gox event, literally existential btc crisis that could end the coin, price is 100% manipulated
>"$10k soon guys! segwit2x guys!"
we are definitely balls deep in peak mania right now.
Bcc is taking over noone wants your ass segwit its still bullshit like btc thats why miners are moving and price will plummet
I'll be balls deep in your gullet if you don't hush up and let us hit $40k by September you little shit
Nobody gives a shit about Bitfinxed's stuff. USDT is still pretty much pegged to the dollar. No need to panic if nobody else is. It might all collapse eventually, but just ride the wave until it does.
>>3113442
you dont understand. an exchanges sister company is printing millions of dollars of fake money to manipulate the price of btc to recover from a hack.
this entire house of cards is about to collapse. your 1000% gains were in monopoly money, not usd, and once the bank run starts youre fucked. you wont be able to sell your btc for current prices because theres not enough usd to buy it.
>>3113385
You realize all the fake tether only accounts for about 5 to 10 percent of the price right?
>>3113494
>you dont understand
But I do understand. I was around for the Mt. Gox collapse, yet here I am with over half a million in crypto. If it turns out to be true and it all collapses eventually, then so be it. In any case, I'm not going to try to time the collapse.
>>3113513
It's being used to spoof trade bots. Basically, right this second, there are tons of bots full of BTC that they bought at ridiculous prices that they will never be able to sell. So the $300M+ of fake money was used to move 10x as much money. Meanwhile, people are hoarding BTC because of the rise thinking it'll go to $4800.
>>3113513
The spoofing started around the time of the Bitfinex, which was right before the 500% rise. So we are looking at an 80% retrace that could destroy the entire market, even alts like BCC which keeps getting shilled here. Most people can't even cash out because only a few exchanges use ACTUAL usd and require ridiculous KYC shit.
>>3113797
*the Bitfinex hack