Bitcoin & All Cryptocurrencies Are Collapsing! We Are Witnessing The End of Blockchain!

in #bitcoin7 years ago (edited)

Just kidding, again.

We are continuing to see bitcoin and most other cryptocurrencies sell-off, however, just as we said they should and would do after such a parabolic spike higher in the last few months.

Bitcoin has fallen the least of the major cryptocurrencies… again, just as we said it would.

It has fallen 26% from its high 34 days ago.

Ethereum has fallen 51% from its high 30 days ago, also as we expected. I told subscribers to sell Ethereum near $400… it is now below $200.

What many don’t know is that this summer will likely be an incredibly volatile time for all the cryptocurrencies.

Bitcoin has actually improved its speed and transaction costs dramatically in the last few weeks but that is likely temporary until a more permanent solution can be introduced. And we are still very, very far from consensus on how to improve bitcoin.

Numerous hard and soft forks are all competing and coalescing around an August 1st deadline.

We could see a lot of panic selling if things get messy. And if things don’t get messy and are solved in way that is perceived by the majority to be a major improvement to bitcoin, we’ll likely see a big spike in buying.

Stay tuned to The Dollar Vigilante’s Youtube channel as we’ll be interviewing Roger Ver to get his take on what may or may not happen in the next few weeks. And, as we usually do, we’ll release this video to subscribers first so they get the first opportunity to act on the information.

As well, in our last issue of The Dollar Vigilante newsletter we went over a lot of the possibilities and how to protect yourself from possible loss if a hard fork is implemented. You can subscribe here to access that information right now.

When it comes to the other cryptocurrencies, the other side of almost every transaction is bitcoin. So, a sudden drop or rise in bitcoin will have major repercussions for the value of the other cryptocurrencies.

In other words, buckle up for an interesting few weeks ahead! You’ll want to make sure to subscribe to our newsletter so you get all the best information, analysis and recommendations in real time.

This is absolutely not the end of the cryptocurrency space. In so many ways it is really just the 1st or 2nd inning.

We’ve made massive gains over the last six years while everyone said we were crazy. We made over 100,000% gains on bitcoin and a 20,000% gain on Ethereum, recommending it at $2 in 2016.

And we are just about to recommend a cryptocurrency which is at the same level of development that Ethereum was when we recommended it at $2 last year. And I think it could easily outperform Ethereum in the next 1-2 years.

Yes, it really could make a 20,000% gain in the next 1-2 years. $1,000 invested now could quite easily be worth $200,000. You can’t call us crazy this time because we do it all the time! And, with the cryptocurrencies selling off right now it is the perfect time to buy some.

I’ll be releasing this cryptocurrency pick to subscribers in the next 24 hours. You can get first access to it by subscribing now HERE.

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Good information when confused
My heart is very heavy.

Great post. I started to follow you on youtube few days ago as well as on steemit now. What to say? Those are just great days to buy dips on som every promising cryptos. It was very disappoining to see most of the coins falling by double digits with BTC still hanging up high. I have been waiting for a significant drop in bitcoin since its ATH and it seems like it is around the corner. Have may buy orders set at 1900USD/BTC with more money set on side for more buys after we see what happens with the UASF. Good luck to all of you and STEEM on.

I belive everything will be ok, cuz Bitcoin is more then currency, it's whole ecosystem with ovn culture (or subculture)

When the price is in a down trend I always watch this video..

I look at that and can't help but notice a trend of where Bitcoin does crash a lot, but also, in every subsequent example it is with higher numbers each time. ($0.06->$0.36->$0.21, $0.85-$29->$3, $13->$213->$70). This trend may or may not continue, but looking at what has happened in hindsight, I remain optimistic.

This video is hilarious.... Thanks for sharing! Brings a lof of optimism into the market these days! The moral of the story for me is: BUY THOSE DIPS!

Hello guys first of all keep calm and pay your attention here i see lots of new people panic about the crypto market but according to me this the one more opportunity to ready your bag with alts in deep prize .
At a moment don't do any trade just wait and watch till the market looing stable once market stable fill your bag with alts and hold them it will surely go up and u earn lots of profit ..@clickindiaa
Ps : this is my personal view and i m gonna do same . Take your own decisions

Thanks for sharing!

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This was one of the funniest intros I have ever seen. I've watched it like 5 times now. Great job!!!!

We're separating the men from the boys 😂... get ready to be lock and loaded with your fiat currency fellow anarchists 🙌🏼💪🏼💯

Whatever you do, don't leave it as fiat 1's and 0's in a bank account.

The damn evil bankers lol

They hate it when people do not live their entire lives in debt. Muahahaha!

Debt is an illusion. Some people could take out a large loan put it all in crypto and go bankrupt over time and leave the country they live in. If the money is fake, so is the debt. It's just a way to create slaves.

If you get a loan from me on lendingclub.com, it is just an illusion? I shouldn't be paid back? That's not theft?

I think I should provide collateral first. It totally is theft. I am talking about lending from a country that has personally robbed you via taxation and use it for wars you don't support.

Yeah, that's different. Get back every penny you can. Bleed the beast to death by a thousand cuts.

Separating the PITS from the POODLES...........JERRY SITZ !

No Bitch Zone for anarchists 😂😂😂

Great post thanks. Best strategy of all time in crypto.......buy and forget. Check in a few years what you are worth.

Exactly. This happens to the stock market all the time. The people who believe in the platform should really just stay put and wait for time to do the magic. Cryptocurrency has already proven its worth. We just have to wait and see how this will go as commercialization of the product progresses

Exactly, don't buy and tomorrow think you a millionaire 🤣

I love the vodka pic :D