CRYTPOCURRENCY DIP. ARE YOU PLAYING OR BEING PLAYED?

in #busy7 years ago (edited)

images (1).jpeg

Crypto is not dead only bankers want you to sell to buy your coins at cheap prices. Don’t believe? Why did bankers buy an exchange?.
See full story of the purchase here:

https://coincentral.com/goldman-sachs-funded-circle-purchases-poloniex-400mln-buyout/

“In 2015, the company received the first ever BitLicense from the New York State Department of Financial Services, and it also received the very first virtual currency license from Great Britain in 2016.” Why are governments issuing licenses if crypto is dead?

If crypto is a scam, why are governments quietly preparing to allow average investors access?

crypto can be the biggest bubble in world history, but only IF it becomes less difficult. How does a 90 year old lady buy crypto? She can’t even use the Internet, never mind access the best exchange, execute a trade, withdraw her coins to her wallet that she downloaded, maintain all the passwords and wallet ID’s somewhere safe. This is CRAZY. And terribly inefficient. What you need is a bank, maybe with a “crypto investment account”, where grandma sends $1000, in the bank, in person, problem solved. Then the bank invests in crypto for her. This is how normal investors will flood into the market in 1 years time. We are the early adopters who get the market readying

Crypto is the perfect bubble, but a bubble is not just $200b of crypto, that is a tiny bubble, do you know that the Dotcom bubble in the 1990’s was $1.7 trillion, adjusted for inflation since this date, this is $2.78 trillion, or 2780 billion. Crypto can increase another 10 times it’s current price just to be the same as the dotcom bubble

images (3).jpeg

Do banks want to make 10 times their investment or just buy exchanges and then shut them down for no profit?

Hell no....they are extremely smart
Preying on people weaknesses
Selling the rumors
And gaining from it
Also think some organization bought the script or the exchange "yobit"
Giving out free coin
Upon registration...this guys are the ones criticizing and still buying the crypto's in turn
I'll say "Wall street baby"
Banks wanna control the crypto cap
And they're currently on it
Starting from exchange's
Where the most trade happens
A crypto ain't crypto unless it's listed on an exchange
So buying crypto exchanges is giving power back to them(the banks)
The index fund of crypto is already being worked on.
Coinbase spoke about such intentions on cnbc last week or so.
Ethos also knows as bitquence( BQX) is doing that already.
They'll decide when people should trade....the volume they want you to trade per day....increase the withdrawal fee etc
Increasing withdrawal fee will replace the taxing they've been wanting on cryptocurrencies.

images (2).jpeg

In my suggestion, it's better you become one of the players in this crypto dip game by buying the dip at a convenient level for you
And retreat from being played by the forces behind this temporary dip by selling your coins at great loss.

I will appreciate your FOLLOW and UPVOTE. Kindly drop a COMMENT and don't forget to use the RESTEEM button, to pass it on.

Sort:  

For future viewers: price of bitcoin at the moment of posting is 7704.50USD

Thanks I really love this contribution my dear friend. All viewers kindly note the price because tables will be turned sooner than expected.

Congratulations @emmyslot! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

Award for the number of upvotes

Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here

If you no longer want to receive notifications, reply to this comment with the word STOP

Upvote this notification to help all Steemit users. Learn why here!

Congratulations @emmyslot! You have received a personal award!

1 Year on Steemit
Click on the badge to view your Board of Honor.

Do not miss the last post from @steemitboard:

SteemFest³ - SteemitBoard Contest Teaser
The new Steemfest³ Award is ready!

Support SteemitBoard's project! Vote for its witness and get one more award!

Congratulations @emmyslot! You received a personal award!

Happy Birthday! - You are on the Steem blockchain for 2 years!

You can view your badges on your Steem Board and compare to others on the Steem Ranking

Do not miss the last post from @steemitboard:

SteemFest Meet The Stemians Contest - The mysterious rule revealed
SteemFest⁴ - Meet the Steemians Contest
Vote for @Steemitboard as a witness to get one more award and increased upvotes!

Coin Marketplace

STEEM 0.16
TRX 0.16
JST 0.028
BTC 69517.21
ETH 2432.96
USDT 1.00
SBD 2.38