Cryptos will pull through

Never should have connect it to the bankers money probably.

The cleasening continues?

"Hey Crypto Coop!", now that is the first time I've been addressed to in that manor. Just checked out at the register at a local supermarket in the smalltown I live in. A fellow investor in Cryptos is on his way in while he greets me like that. We have a short conversation about what is happening in the Cryptos realm right now. There are these rumours about a Group Of Voltures {GOV} that is trying to crash the Cryptos market, on behalve of the Banking Monetary Governance {BMG} system. Almost dumping BTC at the tick of a clock, set about 15 minutes apart. And I already started to wonder if there were PUT options on Bitcoin and the other Cryptos and since when? Still wonder why the heck there was this cheer about getting the mainstream in anyway. That is in no way an alternative I think. You won't get any happier by inviting the dark side in, is it now?

Yet, no matter what, this is the situation, whatever is causing the huge pump at the end of 2017 and the pulsating dumps right now. The fellow Crypto investor I am talking to does doubt it is orchestrated from the BMG. There are too many huge influantial multinational companies involved to have it destroyed in this way. It could be that the price is being forced down. Done artificially by using trading bots backed by enormous amounts of bankers money. Scaring the weak hands out off Cryptos and going towards a more stable price for Bitcoin. Clearing the path for trading on the traditional financial market. And it is a kind of logical that if BTC becomes an EFT {Exchange Traded Fund} then it needs to be backed by as much Bitcoin as possible. It is all about derivatives these days, or so it seems. But this could mean that the traditional financial market is taking over...

What alternative?

If trading botnets can manipulate centralized Crypto exchanges by creating sell walls that keep lowering the price, then there must be a buying party too. They could be both fueled by the same side. It would need a lot of bankers money to be able to do so, almost if it could create it endlessly out off thin air. Only one system can do that legally, as in allowed by the ruler, that would be the banks. Take a monster like _the European Central Bank- {ECB}, they have been printing extra tens of billions of Euro per month since somewhere in 2016. Where does it all go? Can we see the receipts please? But that this is actually happening is speculation at the most. Be sure to mention a tin-foil-hat and call it a conspirancy theory and it will be laughed away at an easter lunch. Yet, it will be hard to deny that there is something fishy going on. And if you looks like a fish, smells like a fish and swims in the water like a fish, how big are the changes it is a wolf dressed in sheepsclothes?

Yet this way, whatever the reason for what is causing the clockwise dumping right now, Cryptos are not going to be the alternative. Even though Decentralized EXchanges {DEX} like Bitshares {BTS} do have market pegged Assets like bitEuro, enforced Crypto market crashes will not create the needed faith and trust for this system. And that is where the challenge is for those who want the Cryptos as an alternative to work. Of course it will be all over mainstream media: "Bitcoin is dead!" (Again!?) or "It is a DOTCOM bubble, like 1997" and "It is like the TULIP bulb mania of 1637!" Just let them, it is the stintch of the fear of an old dying system that is about to crash and burn. Look at the extreme debt of all of the so called Western countries, look at what the stock market is doing. It is like a dying swan song. Week after week some huge multinational Social Media company is announcing that it will censor Cryptos related advertising. It is almost like a panic attack.

If it does not kill Cryptos...

First they ignored Cryptos, then they laughed at it and now they are fighting it. Did those in the Cryptos realm really think the Banking Monetary Governance {BMG} system just would let this happen? Those who are very rich in bankers money will go bankrupt if their system crashes and humanity moves over to Cryptos. If that happens there is no way the current self acclaimed rulers can turn back time. So, right now, everything is being thrown at Cryptos. One attack wave after another and a lot of people will freak out and sell in panic. Bad news, sensation, it is the end of the world as we know it. So just make sure you feel fine. (Yes, there is a reference to a song in there, it is an easter egg.) These are tough times to have investments in Cryptos. And it reminds me of to advice you to only invest in Cryptos what you are willing and can effort to lose. No matter though what mainstream media tells you or centralized multinational companies are announcing they will censor and block, Cryptos are only dead when they went all the way down to ZERO. And if it aint killing it, it is only going to make it stronger.

And my fellow Crypto investor and I agreed upon that we'd rather see it go down all the way to ZERO than that we'd sell. So, stay calm and HODL all the way!

Happy easter and may the Cryptos be with us!

Stay calm and just HODL all the way...

Image CC-BY-SA @oaldamster.