mindrust
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Bitcoin or gtfo


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April 01, 2018, 03:43:57 PM

Bitcoin has a secret weapon, it is call scarcity!

Take those coins away from the market and they will need to pump it again to shake the tree.  Grin



Not when they can provoke a massive panic selling, making the price drop to uncanny and unimaginable low levels.

Remember, they can print fiat money out of nowhere and at any time. Fiat money for them is infinite, and that's where most people base their perception of value.

The ensuing crisis from so much printing will be blamed on crypto, prompting legal persecution against it.

They were able to manipulate the price to below 8k in a matter of months. And this with only 10% of volume in the exchanges, the rest locked in personal wallets.

The solution is for the exchanges to create a private conclave and put a stop to it, blocking any trade below the mining value, with full authority and in a very artificial and biased way. This should be a international private conclave to protect crypto against the sharks from the banks and governments.

If they print money to feed their short positions then we print tethers to feed our longs.

Problem solved. Fight fire with fire. Fuck all.