The problem with accurately assessing the current crypto market and the 2017 bull run is that we were never informed enough to put a finger on what happened and who did it - and the answer is, the budding middle class of the world's second economy, China. They have massive, historically unprecedented power to inject wealth in any the market and they chose the cryptocurrency market.
We are nearing the end of an insane bull run. There's is no denying it. Ask yourself - what news or prospect caused the bull run and I will answer - there was never any news or prospect. Bitcoin is no better in its fundamentals than it was in 2013. The Chinese have created the biggest ponzi scheme in history in a true greedy Chinese gambling fashion way, while being completely oblivious to the monster they have created.
The Chinese will now be forced to exit. And we will see blood like we have never before when the wealth, which we were all introduced to this year, disappears between in our hands like a fistful of sand.
Remember, if BTC goes, so do all the alts. Sell now, save your life.
>>3432787
Nice just sold 100k
>>3432787
Every time some faggot tries to kill crypto, and crypto survives, we become more confident about the future. China is doing everything it can, which amounts to North Korean-style threats, and the best they could do was cause a 20% dip. Whales are dumping daily and the price starts climbing right back up. This isn't a fad, this is the future of money, rejoice!
You are right op, but people will be scared to read because they are scared too. Scared of their coins, money, lives...
>>3432787
ROOOAAAR!
too bad we will see people commit suicide because they bought BTC at 4900
>>3432996
I think alts will be worse. People's perception of wealth has shifted because of all of the free China money. Once it disappears, even a McDonalds wagecuck job will start to look good.
>>3432787
Nice just shorted 100k at x100 leverage.
Nice just 1000000000000000000000000000000000000000000000000000000000042069
Buy the dip you cuck this is how you make money
>>3433207
I won't be able to figure out the dip in what's coming
I don't want to catch a fucking anvil
"buy the dip" is a good way to become a bag holder under a bear market like this
I unironically think Bitcoin will go to $30
1) wealthy tax evaders don't give a fuck about the law
2) the world is bigger than china
3) the bitcoin market is not crypto
>>3433378
>3) the bitcoin market is not crypto
False
When BTC falls, everything else goes after it, no matter the potential future use cases
>>3433378
>>1) wealthy tax evaders don't give a fuck about the law
this is very wrong in China
you may get executed for no reason if you disobey the government even if you are a wealthy china man