Bitcoin is going to "0"

27 Jan 2019

I've shorted my first bitcoin after a year of watching and waiting for the bear market to begin. When it broke down from 6k i figure I take out my life saving to short it on its way to zero because everyone will want to buy while accumulators over last year will be trying to get out of their underwater postion. Here I am shorting the 3550 level. Tone Vays said the deadcat bounce was over and that bitcoin will go to sub 3k now. Tyler believe bitcoin will go to $900 but I say "0". Bitcoin is a ponzi scheme based on zero fundamentals and it has no principle for being sound money. I have decided to close my SPX short and short BTC at 1.5x. Bitcoin will never actually overcome central banking because central banks have more money and people trust in their dollar that is backed by the faith of the US government and its people. BTC is backed by nothing and fully autonomous w/ market manipulators from CME shorting it lower and lower. Craig Wright also claims that Lightning Network is a ploy by Blockstream to keep the network cost of mining high. Bitcoin cant scale to the world. If bitcoin fails every other crypto will fall and the only thing thatll be left standing is ripple. Thats only because ripple isnt a scam like bitcoin. Well good luck my fellow bear, I also plan on longing the dollar with my profits because Trump is going to back the US. Dollar w/ gold.