I have been working for an exchange the last months, and I am really worried after seeing so many newcommers bullish on BTC's halving, that enter our telegram group. Oh, by the way, if you didn't tried XXXXXXXX yet, you should take a look because there are some wellcome bonus for trading, and without the need to perform KYC.
Now, let's go to the point. Despite I can seem as a permabear, the truth is that I don't marry any coin at all.
Don't get biased or fall in love with any asset or you will suffer a huge lost. If you entered the crypto space in the last 2 years, I am pretty sure you know what I am talking about.
Being a HODLER probable means right now a big bag altcoins portfolio with over a 90% loss.
![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgflip.com%2F24jr9t.jpg&t=665&c=40uk4gQtP-vvNA)
This is a fact:
A 0,53% of total BTC addresses control 86% of suppply.. a 2,73% of addresses control an 95,35% of supply.
You can check in the link, and in the following image
BTC's supply distribution![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FNHwd7aP.jpg&t=665&c=OhQ1eognocc6Wg)
HAving all this in mind, BTC's manipulation is INSANE and OUT OF DISCUSSION. Don't let you be fooled by BTC maximalists or cyrptogurus. Doesn't matter's news, market sentiment, whatever.. whales just decide if price go up or down. That is all. retail investor don't have any trading power at all. They will move the market and make you FOMO or PANIC. So be smarter, and take care.
Now whales are makign people FOMO, but they will probably dump hard and price will sink. Around 5k-6k, the minning cost won't be affordable by minor players, so they will leave and big minning groups will get all the cake. Retail investors will also sell on panic. This will happen soon, and then they could start pumping price before halving occurs. That way, BTC whales could repurchase BTC at cheap prices, and double their profits with the halving.
Regarding halving, let me inform you taht you shoudl also believe all that bullshit about new ATHs. BTC's growth has been exponential during last decade, and this won't last forever. The charts like the following one, give you a fake impression, because it is a logarithmic scale,.. at some point growth is MUCH MUCH MUCH more difficult. I doubt next halving can make BTC's price go over 15k, and then the problem for crypto industry will really start. People will wake up and understand that this is not all magic what surrounds BTC, and it can't relaly rise exponentially forever. btc maximalists, Cryptogurus, communication media.. only think in their own benefit increasing traffic in their profile pages or platforms or shill their bags.
Halving chart![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fihodl.com%2Fmedia%2Fattachments%2Fd%2Fc7%2F137e64c7d__1500x0__q85.png&t=665&c=9utq_K-OHXfbBQ)
Please take care
updated
Intro message edited.. my fault. Anyone thinking I would put effort on a post for just some promotion, is really paranoid. I posted the link, because I really though it is a great exchange, otherwise I wouldn't risk my reputation working for them. I have been in crypto for a long long time.. maybe I tried 80 exchanges so far, and was greatly dissapointed with the popular ones like Binance or Bitmex with their famous scam wicks, and overload errors, which had a huge loss for so many people.
BY the way.. I would never ever promote a shaddy exchange in my signature like many of you are doing. Lot of people and projects rekt already, and more will come. I received tons of complaints against Yobit in the last year (along with many many many more... Bitebtc, coinsbit, latoken... really a LOT, please conduct due dilligence before depositing your funds) while working for cmc.
https://t.me/CoinMarketCap And NO, I am not promoting coinmarketcap,...
![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FbHQsncw.jpg&t=665&c=cf9oHutaN7zb9Q)
Just for your info, i have been trading since 1998 (yeah, i am a 41 years old guy) in traditional markets (forex, commodities, stocks,..) until 2011 when i shifted to crypto. Bought 100 BTC at 0,51$.. lost them in 2014 (thanks Mt Gox,
reminder: not your keys, not your coins). I survived the dot.com and real state bubbles.. I traded with binary options.. SO yes, I would say I know what I am talkign about when it is about trading. Oh, by the way, I am working on a solution that will really disrupt this shitty unfair world, wehre newbies get rekt because of market sharks and whales. We deployed the algorithm trading system since 4th may and reached nearly a 1400% so far, but hey.. won't write its name, so no one claims I am a shiller. And if you think this is some kind of bullshit, you can find similar companies, like
Renaissance technology that made something similar trading in traditional markets -imagine what we are achieving with crypto due so much volatility-.. from 100$ to $401million in 30 years .
Before you claim I am a fudder, you should better make some research about me. I tried to spread good words and vibe regarding crypto everywhere online and offline for the last years.
https://bitcointalk.org/index.php?topic=2886374.0 BEST advice for this Crash
https://bitcointalk.org/index.php?topic=5069440.0 2346 views and 417 answers I just SOLD my girlfriends car to buy more ETH at sale price
![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
a fudder will sell a car to buy crypto? yeahh, probably
Anyway, let's got to the point. The paradigm changed, I am seriously dissapointed. The Satoshi Spirit is gone, as it is said in the Bronx: "this is the jungle nigga". Social inclusion, financial freedom,.. this doesn't matters anymore, it is about money. Criptogurus and Communications media shilling (both to get more traffic and income), bitcoinmaximalists shilling hard (Novografz, McAfee...) because of their big bags..
The fact is that this is a market where 95% is in hands of a few whales, the rest has nearly 0 chances to success. I have been hearing about massiva adoption, but ar eyou kidding? Who the hell will be interested in something like this? No one! The only that were to step in, are already here. What happened with Bakkt's launch, which supposedly was about to introduce crypto to financial institutions? where is the money? during launch they reached a 700k daily traded volume. The supermarket of my hood has higher turn over. And let me tell you a secret, if financial institutions entered this crypto world , your chances of success will be then negative. We are talkign about very skilled and experienced people with high state-of-the-art tech and huge resources.. so you won't get a f**ing chance against them when it is about trading.
My vision now is that there is lower and lower interest in crypto. People is reallly deceived and upset of manipulation. Let's look back 2 months ago.. China's president, Xi, said everlasting glory to blockchain.. few whales pumped the price, averyone FOMOed.. and boom 45% up. Few days later he highlighted he was talking about BLOCKCHAIN, not crypto.. and dump from 10.5k to 6.5K. And appart from this.. so many scam wicks on a daily basis.. up,down, up, down, liquidating everyone who has a leveraged position. 0 organic move! How would you call a coin that pumps 3k and dumps 4k?a pump and dump coin?
Anyone thinking halving will be great, and we will get new ATH's had just his
brain washed by the BTC maximalisms.
![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fagingcapriciously.files.wordpress.com%2F2018%2F01%2Feshtebahi.jpg&t=665&c=eipfPRla7QhGkg)
Laugh and cal me fudder while you still can. But hey, dont worry, .. it will take only 5 months to see who was right and wrong... and then the one who failed with his claims, should come to this topic and say "yeah i didn't knew a fuck and was absolutely wrong!" Just the same way that happened half year ago, when I relaized there is less and less interest in crypto, and started shorting since 13k... people laughed.. then 12k.. still laughs.. 11k 10k 9k 8k 7k...mm... don't hear much laughs anymore. And I am warning you, the bottom is still far away. I though 5K before.. now I will bet for last low at 3.4k.
My real concern is about the newbies, who don't know they are newbies.. them who entered in the last 2-3 years, and think they are already cryptogurus and pro-traders. Believing this halving miracle, without realizing the implications of an logarithmic chart.. Too many people will get rekt,..
And quoting Satoshi "If you don't believe me or don't get it, I don't have time to try to convince you, sorry".. mean sorry for your loss