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      "body": "@@ -2377,17 +2377,16 @@\n urn!%0A%0A**\n- \n Alts, al\n",
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      "author": "seivold",
      "body": "![0C5857F8-25B5-4E64-8350-D072DFC2856E.png](https://steemitimages.com/DQmUztDXkhbXdwXUyFNAzpDmmFWh3gWJ5FHiVir4hViqZAa/0C5857F8-25B5-4E64-8350-D072DFC2856E.png)**Why would the markets drop so hard**?\nLast year it was pretty much shown that crypto (especially Bitcoin)  could weather any storm and still come through. \n\nThen much of the world became aware of crypto and tons of new people wanted in. They started investing. With unprecedented numbers of new people signing up for exchanges, the world of crypto was on fire. Crypto was all over the news channels. \n\nTraditional big money saw how easily the market could move and they had proof it could garner main stream interest. In fact, now it is all set up for money to flow. The public has seen it acknowledged as more or less legitimate and many new people have already made their first purchase. \n\n**Problem**: Now, big money is interested and wants in! The big money and friends don’t pay retail, they buy low!  They don’t want to take too many chances. That’s how they go to be there. On top of that, many  bonus checks have just been issued to people that might know what they are doing when it comes to markets. Even more money ready to be invested. \nIf they would have invested recently every time there was a dip in Bitcoin, there would have been tons of people all wanting to buy also, so it never went down enough to get a decent discount. \n\n**Solution**: wait a while, let the market go sideways, pump altcoins so the public gets excited about them and forgets about Bitcoin. \nNext,  take advantage of FUD and work the markets so bitcoin goes down significantly. Once we have some good drops in price, the public will FUD bitcoin themselves  and it will fall even further. At this point bitcoin is in the news again only people are asking “is Bitcoin finally dead?” the average newer investor is too scared to buy up cheap bitcoin so there is less support.  All the while,  big money has been buying in at a nice easy pace so the price doesn’t moon because the average investor is still waiting to see what happens. Once the big money is in: create some pumping action, it will hit the news *Bitcoin is back!* and then it’s another free for all with the big money already holding huge bags and easily taking crazy profits all the way up. \n\n**Bitcoin, All time highs**! \n\nOnce Bitcoin has its fun, it’s the Alts turn!\n\n** Alts, all time highs**!\n\n\n\n\n*This is by no means meant to suggest or be any type of investment advice. Always do your own research and consult with a qualified financial advisor before investing in cryptocurrencies*",
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      "body": "**Why would the markets drop so hard**?\nLast year it was pretty much shown that crypto (especially Bitcoin)  could weather any storm and still come through. \n\nThen much of the world became aware of crypto and tons of new people wanted in. They started investing. With unprecedented numbers of new people signing up for exchanges, the world of crypto was on fire. Crypto was all over the news channels. \n\nTraditional big money saw how easily the market could move and they had proof it could garner main stream interest. In fact, now it is all set up for money to flow. The public has seen it acknowledged as more or less legitimate and many new people have already made their first purchase. \n\n**Problem**: Now, big money is interested and wants in! The big money and friends don’t pay retail, they buy low!  They don’t want to take too many chances. That’s how they go to be there. On top of that, many  bonus checks have just been issued to people that might know what they are doing when it comes to markets, even m",
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      "body": "**Why would the markets drop so hard**?\nLast year it was pretty much shown that crypto (especially Bitcoin)  could weather any storm and still come through. \n\nThen much of the world became aware of crypto and tons of new people wanted in. They started investing. With unprecedented numbers of new people signing up for exchanges, the world of crypto was on fire. Crypto was all over the news channels. \n\nTraditional big money saw how easily the market could move and they had proof it could garner main stream interest. In fact, now it is all set up for money to flow. The public has seen it acknowledged as more or less legitimate and many new people have already made their first purchase. \n\n**Problem**: Now, big money is interested and wants in! The big money and friends don’t pay retail, they buy low!  They don’t want to take too many chances. That’s how they go to be there. On top of that, many  bonus checks have just been issued to people that might know what they are doing when it comes to markets, even more money ready to get in. But a good price! Need an entry point. \n\n*How are they going to get in*? \n\nIf they would have invested recently,  every time there was a dip in bitcoin there were tons of people all wanting to buy, so it never went down enough to get a decent discount. \n\n**Solution**: wait a while, let the market go sideways for a time, pump altcoins so the public gets excited about them and forgets about bitcoin. \n\nNow take advantage of FUD and work the markets so bitcoin has some nice drops. Once we have some good drops in price, the public will FUD bitcoin themselves  and it will fall even further. At this point bitcoin is in the news again only people are asking “_is bitcoin finally dead_?” \n\nAt this point, the average newer investor is too scared to buy up cheap bitcoin so there is even less support . \n\nNow, big money can buy in moderately slowly so the price doesn’t moon because the average investor is still waiting to see what happens before they buy in. \n\n**Once the big money is in**: there is some positive price activity. A little pumping action and it will hit the news. Bitcoin is back!  Then it’s another free for all with the big money already holding huge bags and easily taking crazy profits all the way up. \n\n**Bitcoin, All time highs**! \n\nOnce bitcoin has its fun, it’s the alts turn! \n\n**Alts, all time highs**!\n\nRinse and repeat! \n\n\n\n\n\nDisclaimer: \n*This is most definitely not any kind of investment advice, just a basic opinion. Always do you own research and consult with a qualified financial advisor before making any type of investment decisions*?",
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      "author": "seivold",
      "body": "Very nice analysis. There are all kinds of meanings to be  discovered in patterns. Prediction, one of the holy grails. I would be interested in where else you might go with this. Thanks for sharing!",
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      "body": "Scam warning! Please DO NOT SEND ANY ETH TO THE ADDRESS IN THE IMAGE BELOW! IT IS AN EXAMPLE OF A SCAM THAT IS GOING AROUND ON SOME SLACK CHANNELS!  It seems nearly everyone of my slack channels sent me a message just a few minutes ago letting me know that there is a fantastic last minute token leftover sale at the most amazing prices.  Too bad it's A SCAM!!' Beware, do not send any eth to any of these types of messages on slack. Below is an an example of just one of many messages from many different slack groups I belong to and they all had the same sent to eth address for every different company. Just a reminder to for those that may be new in crypto and not know to be very careful about messages on slack. Happy Investing Everyone!😊![IMG_4816.PNG](https://steemitimages.com/DQmRYURXQTg8t1pJaR1HRVMfZMPAuefWPSSTrWvaiQ6vqTp/IMG_4816.PNG)",
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      "author": "seivold",
      "body": "So sorry for the late response. I was not in country for several weeks and my internet connection was terrible. As far as point 3 was concerned, perhaps I should have qualified that more as part of he rumour mill. I have some Chinese friends in China that have been saying that litecoin will be more important than bitcoin in China for a couple of months. I am not sure I believe that but there is a lot of  buzz about it there. Their adoption of mobile payments is astounding there and some are saying that litecoin is more suited to the task in the crypto arena. Personally, I think it is anyone's guess as to which crypto currencies will start being used more mainstream, but it does seem like they are going in that direction. You can find many articles that lean towards the idea that there is a positive future for litecoin in Asia. https://www.bitsonline.com/litecoin-amazon-good-news-lee/  \n\nhttps://www.google.com/amp/s/amp.reddit.com/r/litecoin/comments/6ewowm/litecoin_is_chinas_most_bought_coin_anyone_else/\n\nhttps://www.google.com/amp/www.livebitcoinnews.com/chinese-cryptocurrency-traders-show-increasing-appetite-litecoin/amp/\nAs far as the litecoin technology or the litecoin experiment is concerned, some have been saying it was a hoax but I am not so sure of that. Even Charlie Lee apparently wasn't sure. Here is an interesting communication. \n\nhttps://alanjudi.com/litecoin-mit-edu-goes/\n\nI was under the impression that there was an experiment where litecoin was given to MIT students and they were going to develope some kind of technology around it. I am as interested as you apparently are and will continue trying to find out more. Thanks for you comment!",
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