/biz/ - Business & Finance

WallStreet insider here:

BTC is being pushed down by bankers in order to accumulate more.

Also; Tether is our enemy #1 - literally the only reason it did not go below 5k, which was the initial goal. Some big people are currently trying to build a case against Tether but it's going to take at least 6 more months.

How can everyone be so blind as to what's going on? The big players in the financial world were not going to just sit back and let your average joe make ridiculous gains in an unregulated market, while they made meager gains under heavy regulation.

It was pretty clear from the moment futures began trading on BTC that wall street was going to short the shit out of BTC and use their tools (the media, financial resources, politicians) to cause the market to plummet and collect their gains from the people dumb enough to swap futures against them.

The real gambit is happening now, while the idiotic normies panic sell everything they have, and wall street comes in and buys everything up dirt cheap. Do you really think big firms aren't interested in the cryptocurrency market? It's completely unregulated, there's so much to gain from PnD's, lower fees, etc., of course they're going to leverage this.

Morale of the story is not only hodl but buy as much as you fucking can because when the market comes back the big players are going to take this thing into the stratosphere.