The Death of Current Markets
Updated
It is with a heavy heart that I must announce that the entire current cryptocurrency space is outdated and will ultimately be shorted too zero. What does the big money do when they step into a crypto market? They immediately try to pump and dump, shake out the books, and then they gtfo. We rarely see markets that do this sort of trading outside of Forex, and if you've been paying attention, Forex is about to go out the window. Current currencies are going into crisis mode and it's honestly too late. The greed is immeasurable and now the entire crypto space wreaks of sulfur. Big money is very smart... that's usually why they're big money. They know for a fact that cryptos are a liability and should never be HODLed. We just saw recently a market maker take TRXBTC to 1 Satoshi on Binance, a near instantaneous candle on Kraken went from 12k range to 8k a few days before the recent crash. If you don't think for a second that at the very least, TRXBTC is going back to 1 if not 0 folks, you've already fallen for the long con. Big money only HODLs quality, and they're blatantly telling us, which we can clearly see with they're orders, that they aren't HODLing BTCUSD the same as retail investors. Whales want to dump it as soon as it touches the top of a range... that's not a bright future. When markets expand like crypto did in 2017, the volatility should die down... it's increasing!
I bring all of those issues and points up because if you check the article linked and truly understand the implications of what's about to happen in the very near future, you too would understand what I'm seeing. Everyone's been sold the lie that you should fear the 51% attack, buy unnecessary hardware to "protect" your funds, and A LOT of money was dumped into that FUD. One of the main things of Bitcoin is security. If all of the sudden I'm being told that the safest crypto in the world "isn't safe enough", what am I supposed to think at that point? It gives me a Patriot Act, War on Drugs, and War on Terrorism vibe. Fear is being used to promote control and sell a product. It's that simple.
Now, let's dive into the juiciest part of this expose. The linked article confirms that Google has in fact developed the first functional quantum chip. Let me put this into perspective. A current 51% attack on bitcoin right now would cost millions per hours and would take a good chunk of time. Google's quantum chip on the other hand performed a 10,000 year calculation in 200 seconds barely requiring any power because it's a superconductive chip(very little energy is wasted as heat) so it runs at almost 100% efficiency. A trading algorithm, being backed by this chip, could ultimately perform a 100% attack on any financial market place or product. If it's any form of current money, including crypto, it is no longer safe.
I'm not saying these products can't be profitable currently or 5 years from now, it'll be milked as long as possible, I'm trying to say that you've been warned. We ALL fell for the gimmick; I fell for it. We ALL look stupid; I look stupid. We are ALL being targeted; I'm being targeted. Even if you're being stopped out... you were targeted. I'm enraged, disgusted, and appalled at the levels of greed that have come to be. Cryptocurrency, AS IS, was a great idea and invention, but big money literally turned it into the AntiChrist. No matter how ugly it's actions are... we can't look away, we shower it with admiration, it's the most beautiful trading product next too gold. That's saying that a puff of smoke is now more valuable than an ounce of gold.
I will end this rant with a quote. I'm not religious, but we should ALL pray.
"And I stood upon the sand of the sea, and saw a beast rise up out of the sea, having seven heads and ten horns, and upon his horns ten crowns, and upon his heads the name of blasphemy." - Revelations 13:1
I bring all of those issues and points up because if you check the article linked and truly understand the implications of what's about to happen in the very near future, you too would understand what I'm seeing. Everyone's been sold the lie that you should fear the 51% attack, buy unnecessary hardware to "protect" your funds, and A LOT of money was dumped into that FUD. One of the main things of Bitcoin is security. If all of the sudden I'm being told that the safest crypto in the world "isn't safe enough", what am I supposed to think at that point? It gives me a Patriot Act, War on Drugs, and War on Terrorism vibe. Fear is being used to promote control and sell a product. It's that simple.
Now, let's dive into the juiciest part of this expose. The linked article confirms that Google has in fact developed the first functional quantum chip. Let me put this into perspective. A current 51% attack on bitcoin right now would cost millions per hours and would take a good chunk of time. Google's quantum chip on the other hand performed a 10,000 year calculation in 200 seconds barely requiring any power because it's a superconductive chip(very little energy is wasted as heat) so it runs at almost 100% efficiency. A trading algorithm, being backed by this chip, could ultimately perform a 100% attack on any financial market place or product. If it's any form of current money, including crypto, it is no longer safe.
I'm not saying these products can't be profitable currently or 5 years from now, it'll be milked as long as possible, I'm trying to say that you've been warned. We ALL fell for the gimmick; I fell for it. We ALL look stupid; I look stupid. We are ALL being targeted; I'm being targeted. Even if you're being stopped out... you were targeted. I'm enraged, disgusted, and appalled at the levels of greed that have come to be. Cryptocurrency, AS IS, was a great idea and invention, but big money literally turned it into the AntiChrist. No matter how ugly it's actions are... we can't look away, we shower it with admiration, it's the most beautiful trading product next too gold. That's saying that a puff of smoke is now more valuable than an ounce of gold.
I will end this rant with a quote. I'm not religious, but we should ALL pray.
"And I stood upon the sand of the sea, and saw a beast rise up out of the sea, having seven heads and ten horns, and upon his horns ten crowns, and upon his heads the name of blasphemy." - Revelations 13:1
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