Theory: Stocks profits soon to be dumped into crypto

[geekcryptogal]

You notice all the stock profits taken again on Friday.

I think they are going to funnel more into crypto, and have ETH eventually dominate.  Then ETH will switch to PoS, then they will use their massive amounts of ETH for insane PoS rewards (and lots of them).

I predict a gradual slide downwards from say $949 or say just over $1000 for the next 6 days until their withdrawels and deposits clear.  Then price will drop down fast to about $625 then immediately bounce back up after their buy orders are triggered-- to give the overal chart an appealing linear growth appearance, with a bubble that was popped.

Crazy conspiracy theories I know

[geekcryptogal]

Some pieces of the timeline:

Tuesday, Jan 30
* People start taking profits from US Stock Market.
* Bloomberg REPEATS OLD Tether FUD. [see below re: my comments about this]
https://www.bloomberg.com/news/videos/2018-01-30/crypto-exchange-bitfinex-tether-said-subpoenaed-video
* People start taking profits from Crypto.
* Facebook bans cryptocurrency ads and NY Times and Bloomberg spam this news.

Wednesday, Jan 31
* More Bloomberg Tether FUD [see below re: my comments about this]
https://www.bloomberg.com/news/articles/2018-01-31/why-crypto-traders-are-so-worried-about-tether-quicktake-q-a
https://www.bloomberg.com/news/articles/2018-01-31/bitcoin-extends-cryptocurrency-slide-amid-facebook-tether-fears

Friday, Feb 2
* Janet Yellen served her last day as Fed Reserve chairman (after threatening several interest rate hikes earlier in the year).  [https://www.youtube.com/watch?v=EU8_H7x0KwA]

Sunday, Feb 4
* Janet Yellen says stock market and real estate markets are bubbles [https://www.youtube.com/watch?v=EU8_H7x0KwA]

Monday, Feb 5
* New Fed Reserve Chair Jerome Powel sworn in.
* Dow Jones dropped 6%  [https://www.youtube.com/watch?v=EU8_H7x0KwA]

Tuesday, Feb 6
* In early morning USA hours, before the typical American wakes, ETH tanks down to $575 and IMMEDIATELY rebounds. Large buy orders triggered. [I am speculating from stock profits.]

* SEC meeting LATER in the day: in SUPPORT of crypto AFTER the the drop and incredible bounce back up, after thier cronies buy orders are triggered... again the FUD from Janet Yellen AND the announcement of SEC meeting caused panic sell off.. and they all KNEW (the insider team of elites) what the buy in order point would be.   It's not even illegal for them to do this since it is unregulated.  The drop and bounce was in early morning hours while Americans were asleep.

* SEC meeting says they want to target ICO's, yeah because they don't want competition I figure with the set of coins/tokens they are interested in.. which I think will all be ETH based.  I think ETH will be the investment coin -- due to the larget investment coming in and PoS--, and Bitcoin will be the coin used as currency (Coinbase is adopting Segwit and Lightning network which wil lmake trnsactions affordable).  I am not sure where Ripple stands in all this but it grew peculiarly fast in one day -- don't know if it was just some more pump and dump action or not.. why would the elite invest in a coin where the ceo owns the controlling share.. I have no clue.

Feb 7 to Feb 9
* More profits taken from stock market yet crypto goes up -- and is now coming down.  Perhaps to even lower levels for them to buy in cheaper as more stock profits come in.

Regarding Tether:
Bloomburg spread more FUD about Tether because I think they didn't want people to secure their funds when BTC/ETH started dropping (which they knew darn well it was going to happen).. i.e. they wanted the traders for example on Binance to fear using Tether and not selling then buying back cheap like they did.   Also I trade on Binance and it was down for thirty hours due to DoS (denial of service) attacks.   I notice more lag when eth is starting to drop fast on binance when I am on the ETH/USDT page getting ready to sell to Tether..   I believe this is when the DoS attacks are happening.

[crzy]

I know that stock is obsolete it is just a matter of time for blockchain technology to takeover. The stock exchange market need to get alone with blockchain technology in order to survive.

Everything has time and  i guest is the best time for blockchain to take over from stock exchange.

Stock exchange is good for me and I think its good to use blockchain technology in stock market. I think blockchain can really go beyond stock market specially when they failed to adopt this new technology. Cryptocurrency is good and it can really go beyond the stock market.

[Digital Mutant]

hope your theory is right but I thing that it will be a gradual process of adaptation for new investors and for institutions
it would be crazy if all you say would happen
but I think that in order to make crypto stronger we have to HODL bitcoin and diversify in good project
only in this way crypto market will grow strong

people continue pumping shitcoins an this is not good because it is only speculation...

[geekcryptogal]

hope your theory is right but I thing that it will be a gradual process of adaptation for new investors and for institutions
it would be crazy if all you say would happen
but I think that in order to make crypto stronger we have to HODL bitcoin and diversify in good project
only in this way crypto market will grow strong

people continue pumping shitcoins an this is not good because it is only speculation...

Yah I believe the SEC will kills those not only because most are fraudulent, but to kill any competition for their preferred set of coins/tokens the insiders have determined.  Ripple skyrocked yesterday for some reason.. would banks relaly use this? I thinkt hey are saying not right now, to drive price down so they canbuy cheap here in a few days.. or it could be a total pump and dump.. I have no clue.  But I am gonna get pretty much just ETH right now.

Will ETH be the main investment coin for PoS? Or will there be some token of ETH that will be the one they use for PoS? I guess we'll see.  Can you stake all your ETH tokens along witht he ETH coin as a whole or have to stake them individually? I don't know a lot bout PoS, as I am new to crypto just 1 1/2 months ago.

I think all most everyALT coins were created by the insiders so they could get some really nice pump and dump action.  They have profressional day tradersa nd bots to assists... decades of trading experience in this team.   Most of the websites look eerily similar.  Even Bitfinex site looks similar to alt coin sites, with vector graphics.. perhap sall these sites developed by the same graphics arist/web dev time the insiders have.

[Bitcoinjheta]

hope your theory is right but I thing that it will be a gradual process of adaptation for new investors and for institutions
it would be crazy if all you say would happen
but I think that in order to make crypto stronger we have to HODL bitcoin and diversify in good project
only in this way crypto market will grow strong

people continue pumping shitcoins an this is not good because it is only speculation...

Yah I believe the SEC will kills those not only because most are fraudulent, but to kill any competition for their preferred set of coins/tokens the insiders have determined.  Ripple skyrocked yesterday for some reason.. would banks relaly use this? I thinkt hey are saying not right now, to drive price down so they canbuy cheap here in a few days.. or it could be a total pump and dump.. I have no clue.  But I am gonna get pretty much just ETH right now.

Will ETH be the main investment coin for PoS? Or will there be some token of ETH that will be the one they use for PoS? I guess we'll see.  Can you stake all your ETH tokens along witht he ETH coin as a whole or have to stake them individually? I don't know a lot bout PoS, as I am new to crypto just 1 1/2 months ago.

I think all most everyALT coins were created by the insiders so they could get some really nice pump and dump action.  They have profressional day tradersa nd bots to assists... decades of trading experience in this team.   Most of the websites look eerily similar.  Even Bitfinex site looks similar to alt coin sites, with vector graphics.. perhap sall these sites developed by the same graphics arist/web dev time the insiders have.

Well, for me in regards to the subject creator and to this subject. They are only one person who truly believe that the stock market will dumped in crypto anytime in this month of February. This person can not give a big impact in threaten us to make panic because this are all rumors in fact the value in a market are stabilizing playing from $7000 to $8000 going up.

[geekcryptogal]

I am just speculating.  I have no clue.  I am just sharing my thoughts.  It's just a theory.  Perhaps maybe some stuff to watch out for.

I hope you are right.  I've been having a hard time deciding whether or not to buy in at this point at $850, or wait.

I would of bought in,  in the low 600's the other day but GDAX took forever to clear my ACH deposit.  They cleared it the afternoon after it climbed fast.

I gave the links to the youtube video i watched about the fed reserve chairmen change and her comments over the weekened...click the video link and watch yourself.. he has 730k followers:
https://www.youtube.com/watch?v=EU8_H7x0KwA

Janet Yellen's Wiki:
https://en.wikipedia.org/wiki/Janet_Yellen

Jerome Powel's Wiki:
https://en.wikipedia.org/wiki/Jerome_Powell

[geekcryptogal]

Updated important pieces of the timeline -- added Tether & Facebook FUD (interesting!)

Some pieces of the timeline:

Tuesday, Jan 30
* Profits starting to be taken from US Stock Market -- start of stock market decline.
* Bloomberg REPEATS OLD Tether FUD. [see below re: my comments about this]
https://www.bloomberg.com/news/videos/2018-01-30/crypto-exchange-bitfinex-tether-said-subpoenaed-video
* Profits starting to be taken from Crypto.
* Facebook bans cryptocurrency & ICO Ads [FUD]
https://techcrunch.com/2018/01/30/facebook-is-banning-cryptocurrency-and-ico-ads/

Wednesday, Jan 31
* More Bloomberg Tether FUD [see below re: my comments about this]
https://www.bloomberg.com/news/articles/2018-01-31/why-crypto-traders-are-so-worried-about-tether-quicktake-q-a
https://www.bloomberg.com/news/articles/2018-01-31/bitcoin-extends-cryptocurrency-slide-amid-facebook-tether-fears

Friday, Feb 2
* Janet Yellen served her last day as Fed Reserve chairman (after threatening several interest rate hikes earlier in the year). https://www.youtube.com/watch?v=EU8_H7x0KwA
https://en.wikipedia.org/wiki/Janet_Yellen

Sunday, Feb 4
* Janet Yellen suggests stock market and real estate markets are BUBBLES.  Notice she said this 5 days AFTER stock market rapidly started to decline.
https://www.youtube.com/watch?v=EU8_H7x0KwA

Monday, Feb 5
* New Fed Reserve Chair Jerome Powel sworn in.
* Dow Jones dropped 6%  
https://www.youtube.com/watch?v=EU8_H7x0KwA
https://en.wikipedia.org/wiki/Jerome_Powell

Tuesday, Feb 6
* In early morning USA hours, before the typical American wakes, ETH tanks down to $575 and IMMEDIATELY rebounds. Large buy orders triggered. [I am speculating largely from stock profits.]

* SEC hearing LATER in the day: in SUPPORT of crypto AFTER the the drop and incredible bounce back up, after thier cronies buy orders are triggered... again the FUD from Bloomberg/Facebook/Janet Yellen and SEC hearing announcement caused panic sell off.. and they all KNEW (the insider team of elites) what the buy in order point would be.   It's not even illegal for them to do this since it is unregulated.  The drop and bounce was in early morning hours while Americans were asleep.

* SEC hearing says they want to target ICO's.
Some thoughts: yeah because they don't want competition I figure with the set of coins/tokens they are interested in?.. which I speculate will all be ETH based?  Speculating ETH will be the investment coin -- due to the larget investment coming in and PoS--, and Bitcoin will be the coin used as currency (Coinbase is adopting Segwit and Lightning network which wil lmake trnsactions affordable).  I am not sure where Ripple stands in all this but it grew peculiarly fast yesterday -- don't know if it was just some more pump and dump action or not.. why would the elite invest in a coin where the ceo owns the controlling share.. I have no clue.

Feb 7 to Feb 9
* More profits taken from stock market yet crypto goes up / holds steady / down slightly from recent peak.

Regarding Tether
Bloomberg spread more FUD about Tether because I think they didn't want people to secure their funds when BTC/ETH started dropping (which they knew darn well it was going to happen).. i.e. they wanted the traders for example on Binance to fear using Tether and not selling then buying back cheap like they did.   Also I trade on Binance and it was down recently for thirty hours due to DoS (denial of service) attacks.   I notice more lag when eth is starting to drop fast on binance when I am on the ETH/USDT page getting ready to sell to Tether..   I believe this is when the DoS attacks are happening.

[boboking]

1) The rich investors knew the crypto market was going to plunge just before the SEC meeting.
2) They sold off their stocks (down 9% or so since Jan 22) anticipating the crypto plunge
3) They now have funds available in their accounts to play the crypto market.
4) Crypto market will go to astronomical levels it has never seen before, like 100k+ for BTC.
5) Media will talk about it nonstop, and ignorant masses (like I was a month ago) will invest buying at market price
6) This will become the new bubble.  Huge one.
7) The intelligent advantaged seasoned rich traders sell off and play/milk the market daytrading (with assistance of bots & computers)
bubble pops
9) Huge transfer of wealth, yet again from the ignorant lower class to richest people.  Just like the tech bubble, housing bubble -- now the crypto bubble.

Just a thought anyways

It is possible, investors will invest on anything as long as they know they will gain profit. Since the crypto market is new they know that there are still a lot of room to grow.

[geekcryptogal]

They spreading more FUD as of yesterday, reported today in Cointelegraph:
https://cointelegraph.com/news/ny-fed-economists-advanced-economies-may-not-need-crypto

I am not buying into this and going to buy more coins when they are cheap and HODL.  I see prices going down more so they can dump their stock profits in, soon.  And most likely it will be between 2 am and 4 am I am guessing, when Americans are asleep.  Like they did on Feb 6.  Any good programs to send me alerts when a coin reaches a certain price?

I think there will be intense FUD the next few days, driving the market down to say ETH of $650 or lower so they can buy in with their stock profits.  $300?  $100?  I am gonna buy big time at those prices.

I see BTC and ETH being the new global currencies.  ETH was built by Western team to be ASIC resistant so chinese couldn't mine it so quickly. The East owns the most BTC. Chinese not allowing citizens to trade on exchanges because they don't want them gaining any BTC or ETH.   Yesterday US feds say they cracking down on people using foreign exchanges to deter trading and gaining more BTC and ETH.  ETH grew quickly because the West needed to catch up to China with respect to BTC and ASIC.  Value of ETH went up very fast this past year, and is closing in on BTC with respect to market cap.   I think China probalby created bitcoin, with the ASIc miners already designed.  Uncle Sam btw has money invested in crypto -- I am assumign BTC and ETH.

See this interesting video on global currency reset:
https://www.youtube.com/watch?v=uy9TwmK6Tm0

Since I don't have a hardware wallet, what would be the best ETH wallet sofware?  I need something fully opensource only.. because I fear backdoors in software that isn't.  Backdoors the global elite have access to.  I don't think anyone should trust their BTC and ETH on any exchange.. even on GDAX ETH/BTC is not FDIC insured, but the fiat is (which will soon be worthless).

[Synash0619]

1) The rich investors knew the crypto market was going to plunge just before the SEC meeting.
2) They sold off their stocks (down 9% or so since Jan 22) anticipating the crypto plunge
3) They now have funds available in their accounts to play the crypto market.
4) Crypto market will go to astronomical levels it has never seen before, like 100k+ for BTC.
5) Media will talk about it nonstop, and ignorant masses (like I was a month ago) will invest buying at market price
6) This will become the new bubble.  Huge one.
7) The intelligent advantaged seasoned rich traders sell off and play/milk the market daytrading (with assistance of bots & computers)
bubble pops
9) Huge transfer of wealth, yet again from the ignorant lower class to richest people.  Just like the tech bubble, housing bubble -- now the crypto bubble.

Just a thought anyways

I think it will remain theory, because most people on stock market still not adapting to cryptocurrency for one very simple reason and that is there are no formal introduction to them the benefits of BTC on people life's. Many are still laggards to crypto they still awaiting for others to enter first.

[Georgos]

I have not enough knowledge to either bid for it or go against it, but your theory seems feasible, not that it will happen, but they way you tell it, it seems possible for me to happen.

[geekcryptogal]

I have not enough knowledge to either bid for it or go against it, but your theory seems feasible, not that it will happen, but they way you tell it, it seems possible for me to happen.

Yeah I have no clue really.  Sometimes I get paranoid and come up with crazy theories

[farhaan]

Every body is getting aware nowadays  that cryptos would be the future hereafter including stock market investors.So that means that huge money is yet to enter the crypto market.So we could expect new ATH prices to get achieved.