/biz/ - Business & Finance

>>18150822
>>18150868
You can speculate and try to read the chart all you want.
If you've been in the scene for long and curious enough to research the technology and really try to understand the technical aspects, **Not the false story we told each other for years** The one being that BTC is some sort of safe heaven from traditional markets and independent from world events, well current events shows you couldn't have been more wrong. Anyways you would understand that BTC as a system, or the system it evolved to, is fundamentally flawed. BTC is economic. It needs constant growth in usage AND technological progress for it to survive longterm. The current model isn't going anywhere because it has 0 utility. The hodl meme was the death of BTC.
I will say it again. The purpose of the scheduled dump is to put a premature end to the money laundering scheme, the ICO scams, the pedophile money, the drug money, basically the crime money.
>NOOOOO YOU CAN'T JUST PUT AN END TO THIS AND DEVALUE AND BREAK MY CRIMINAL INTERNET COIN ASSET!!!!!!!!!!!
Yes they can and yes they will. Sorry.
You can probably short it and make a nice play out of this situation. But if you do so, make sure to be on a very reputable exchange and have your ID pegged to your coins and pay your taxes.

>>18055184

>>17631126