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52468432 No.52468432 [Reply] [Original]

FTX was just the first domino to fall, CEOs of every other exchange are clearly shook and coping hard right now. They're not ready to come to terms with the fact that the dream is over and their companies are insolvent, but they can't all live out this facade of abundance and stability for much longer, cracks are starting to show despite the effort to paper over them, subconsciously they're already engaged in damage control and one of them is going to break soon and start off a domino effect. It will go all the way through to Binance, and will end with the total implosion of Tether. It's over for crypto.

>> No.52468687

>>52468432
>t. sub 80 iq
where is your guardian op?

>> No.52469034
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52469034

>>52468432
They said the same thing in late 2018 while the hashwars was going on and tether was the only stablecoin worth mentioning.

Right now we have no hash wars, deflationary ethereum, fed peak in march next year and stablecoin diversity.

>> No.52469625

every retard doomer post like this speeds up the bullrun by ab hour

>> No.52469806

>>52468432
Bankmans the reason why it was shorted and BTC could not reach 100k despite cycle and chart indicators

>> No.52469837
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52469837

>>52469806
Correct he created fake btc supply on the exchange layer.

>> No.52471157
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52471157

>>52468432
buy signal

>> No.52471344

>>52468687
you would be shocked to learn this is actually how stupid average iq people are

>> No.52471435
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52471435

>>52469034
>They said the same thing in late 2018
BTC already struggled to do a ~3x from prev ATH, especially considering the massive inflation. The long term security model of BTC breaks when the coin price does not increase enough, as each halvening the block reward shrinks. So it's clearly running out of steam on those fronts and big players wont keep buying in if L2 tech takes another 18 months 3 more times to kinda work. We might see more ATH's, sure, but unless something big changes this will eventually die off.