In this new age of information, it is absolutely imperative that we identify when we are being lied to. If the truth is impossible to decipher because there is a flood of contradictory data out there, we should at least be aware that someone is trying to hide the answer from us.
Some of the same people who are telling us that blockchain is going to zero are the same ones that are pumping millions into blockchain analytics. Does that add up to you?
Seems like a normal article right? Nothing out of the ordinary. Well, when I read news like this I see the true intentions of these snake hypocrites.
Why are governments and corporations spending millions on databasing the blockchain if they think it has little intrinsic value? Do not allow The Shadow King to deceive you. The United States government is prepping for another moon landing, and they have a finger on the launch button.
ETF
I said it before, I'll say it again: The SEC isn't denying Bitcoin Exchange Traded Funds because they care about investors. They don't care about market manipulation. They have actively manipulated the market already. They are waiting for the end of the year to artificially inflate the price and force investors to pay taxes on money that shouldn't exist.
An Exchange Traded Fund is the best way to ensure that the majority of money entering the space is accounted for and taxes are unavoidable. This is obviously just a wild guess. An ETF very well may not get approved in late November (literaly no one else expects it to) , but I'll be a little surprised if the powers that be don't capitalize on this opportunity. They certainly seem to be preparing for such an event. How else can you explain exponential analysis growth in the face of a year long bear market?
FOMO > ETF
Many have made the argument that a Bitcoin ETF won't affect the price much. That may be true, but it's not just the ETF we are talking about. What about all the positive news coverage that will accompany the ETF? The FOMO created by the media is much more powerful than the ETF itself.
The SEC has been planting the seeds of a FOMO frenzy by denying so many ETFs in a row.
No, you can't have it. No, you can't have it. No... Oh look it's December here you go. APPROVED.
Do you realize how easily this situation could turn into another x20 Bitcoin storm?
Not good.
I hope I'm wrong. I don't want to be right. I don't want the establishment to have that much power over the most popular decentralized trustless asset. Being able to manipulate Bitcoin so easily makes it less trustworthy. The money entering the space will be dirty money. If the establishment has control over Bitcoin then they also indirectly control every other coin connected to it, which is all of them. The entire space loses credibility during such an event, regardless of how much we enjoy the outcome of the price action.
Fool Me Twice.
If prices moon again in December, make sure to sell enough off to pay the taxes. Also, assume that many other investors are going to be thinking the same thing, because this already happened just last year.
In the future, always be on the lookout for the hypocrites saying one thing and then doing another. Sometimes, it can be quite obvious what a master manipulator is trying to accomplish, no matter how amazing of an illusionist they are. You just have to look in the right place.