Is this the real reason of the market crash?

in bitcoin •  7 years ago 

The Biggest Heist Possibly EVER is Happening NOW!
This Reddit guy can be saying the absolute truth, the people who hodl will be happy soon.
Early November it's announced BTC will have two Futures Market.
Shortly after the announcement Hedge Fund Managers along with the wealthy elite start buying up BTC by the billions in order to drive price up to ATH (19k) with the knowledge of knowing they would short the 1st BPOE future.
First Future Market set at 15k
Hedge Fund Managers start laddering sales of their now ATH BTCs making BILLIONS.
These large sales slowly create panic and more people start selling. By this time The hedge funds guys are close to cashed out.
Market takes a dump and the Hedge Funds Made Billions buying BTC Low and selling high while at the same time NAILING their short call on Future Market.
.

OK GREAT HEIST RIGHT? BUT WAIT THATS NOT ALL.

Hedge Funds Managers and Wealthy Elite go LONG on BCME Future which is due 10 days after the first futures call.
Market takes a complete nose dive back to 9k and gues who is their to start buying again? Thats right the Hedge Fund Managers and Wealthy Elite.
With their newly made BILLIONS the Hedge Fund Managers push the price back up over course of 7 days in order to hit their LONG CALL on 2nd Futures market.
If you see a spike in the price of BTC and overall market cap after 1pm PST today (when 1st future call settles) you will have witnessed one of the greatest robberies of ALL TIME.
Credit:https://www.reddit.com/r/CryptoCurrency/comments/7r2yyz/the_biggest_heist_possibly_ever_is_happening_now/
U5dscBkr1yEkQMGdLKCTjrx7T5Uyyj4_1680x8400.jpg

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Copying/Pasting full texts without adding anything original is frowned upon by the community.

These are some tips on how to share content and add value:

  • Using a few sentences from your source in “quotes.” Use HTML tags or markdown ">" before the quote.
  • Linking to your sources.
  • Include your own original thoughts and ideas on what you have shared.
  • It is recommended that the quotes should not cover more than 50% of the whole post. At least 50% of the content should be original.

Repeated copy/paste posts could be considered spam. Spam is discouraged by the community, and may result in action from the cheetah bot.

If you are actually the original author, please do reply to let us know!

Thank You!

More Info: Abuse Guide - 2017.

Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:
https://www.reddit.com/r/litecoin/comments/7r3sce/wall_street_vs_hodlers_the_first_war/

Thanks for the information. But isn't this a not so good thing. I guess.

Yes absolutely. Institutional money can have positive and negative impacts.

Congratulations! This post has been upvoted from the communal account, @minnowsupport, by siddharth from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, someguy123, neoxian, followbtcnews, and netuoso. The goal is to help Steemit grow by supporting Minnows. Please find us at the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.

If you would like to delegate to the Minnow Support Project you can do so by clicking on the following links: 50SP, 100SP, 250SP, 500SP, 1000SP, 5000SP.
Be sure to leave at least 50SP undelegated on your account.