Yea...
For all you guys yelling this market crash has nothing to do (anymore) with the BCH/SV 'wars'.

BTC -8%
BCHSV +25%


I don't think it could be any more obvious.
2100+ Cryptos of which only 2 are going up... Seems legit.

As i mentioned before, there is no BCH/SV war, there's only a smokescreen with the goal to destroy Bitcoin and most if not all altcoins.
And we are letting them... Just saying...

Hold on, this is going to be a deep dive! With little support and a broken protocol.
See you guys at 3000.

Just wondering guys, you were all so confident we were in a strong bull market and would break 10k easily, looks like the opposite is becoming a reality and we're heading straight back to new lows.

With the few bulls still standing the ETF was basically their only hope of a recovery. Now that the ETF has been rejected again we can expect a long term serious bear market to continue exactly as i predicted.

https://www.coindesk.com/winklevoss-brothers-bitcoin-etf-rejected-by-sec-for-second-time/

This is it, every single indicator that offered some hope for the bulls has been broken.
We have now entered into a very strong and confirmed long term bear market.

No, this is not a BUY NOW warning, this is a SELL NOW warning.
Maybe consider to buy back when it reaches around $3500 maybe and more around $1000. It's a matter of weeks or few months at best for a better opportunity.
For now it will be a slaughterhouse like never before. 80% of the coins being dumped now are from long term holders, they want OUT!

Guess what that means, ask yourself, why do the biggest supporters of bitcoin want out?!

A good read for all you  people.

https://medium.com/@kaistinchcombe/decentralized-and-trustless-crypto-paradise-is-actually-a-medieval-hellhole-c1ca122efdec

For all i care you keep investing your money into this scam. It simply doesn't work in the real world!

You WILL LOSE YOUR MONEY!

It's simple. This time Bitcoin failed to deliver on its promise. Meaning it's fundamentally different from previous 'corrections'

Finally, after years of being dead in the water and being ignored, actual adoption came to the market.
Then the network actually got some transactions going and utterly failed to deliver. With confirmations taking days at a cost of $50 per transaction!
The dev team has known this scaling problem for almost 10 years and what have they come up with? Nothing!
Yes, only now there is something in the works, lightning network, a system that fundamentally cannot even work and even as a concept completely defeats the entire point of "A Decentralized peer-to-peer Cash." -Satohsi Nakamoto.

A hand full of early adopters and devs sold millions of coins at $15-20k range to y'all bag holders and are now some of the wealthiest people in society. Which was of course the plan all along.

Keep buying that 'dip' guys! LOL

We failed to close above the 200 day and we just got a very bad death cross, both signalling an upcoming hard sell.
We'll see $6000 real soon and i think we'll drop much lower even.

Thoughts? Why has bitcoin failed again to recover? MtGox? Governments? Criminals selling off?

First Bitcoin was the economic and monetary revolution of money.
A digital p2p cash.

And then when people figured out it didn't work as such, having ridiculous fees and transaction times. It was decided to not call it that any longer but to call it instead:
A digital store of value.

And then this 'store' of value lost almost 80% of its value in a matter of weeks and days.

What is left now? Nothing.

A useless system that only functions as pump and dump, to scam people into, to trick them into buying something with no real world value.

Bitcoin set out as an amazing project but it got hijacked by greed and turned into a for profit scam.

I'm really glad governments globally are preparing to completely outlaw this kind of crime.

Bitcoin has been the biggest scam we've seen in modern times.

We want this open free world Satoshi envisioned? Get out of this scam and invest in the real world, don't let criminals take over our society!

I've said it a hundred times before.
Once again you all fell for the bull trap.
Resistance has been broken again and today we've seen a drop even harder than the past weeks.

Target level for this week looks to be around 3000-3500 USD.

While everybody was waiting for Bitcoin Core to be overtaken by Bitcoin Cash, the real killer crypto is actually doing it.
Billions of capital are rapidly flowing out of Bitcoin Core, into Ethereum!

For years Ethereum has been known to be the successor of Bitcoin Core, the market is only now realizing it.