Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Fact:
Insiders (and therefore the media) *always* know the outcome of something ahead of the Average Joe public. This is how they cheat the system. So they would already know if the COIN ETF was disapproved.
Hypothesis:
So if they already know it is disapproved, why in the last 2 weeks have the media gone into overdrive with the "it's unlikely to get approved" and "low chance of approval" and all the "warnings" and "risks" articles? Wouldn't their behavior be quite the opposite? (meaning no effort need to be expended)
I.E., they wouldn't need to expend so much effort to dissuade the public away from Bitcoin, if the disapproval was already known to them. Correct??
Insiders (and therefore the media) *always* know the outcome of something ahead of the Average Joe public. This is how they cheat the system. So they would already know if the COIN ETF was disapproved.
Hypothesis:
So if they already know it is disapproved, why in the last 2 weeks have the media gone into overdrive with the "it's unlikely to get approved" and "low chance of approval" and all the "warnings" and "risks" articles? Wouldn't their behavior be quite the opposite? (meaning no effort need to be expended)
I.E., they wouldn't need to expend so much effort to dissuade the public away from Bitcoin, if the disapproval was already known to them. Correct??
Paranoid and off your medication? No order, just chaos and coincidences. Read a bit about neuropsychology and stop with the conspiratory nonsense..
Your response to him makes 0 sense because it's a fact just about everything is insider traded. The media, especially CNBC, ALWAYS tells you to dump at the floor and buy at the top, like when they were spamming gold was a "barbarous relic" and then it skyrockets right after. Whether his analysis is true or not is another thing entirely. The banker shills floating around seem to actually want people to use bitcoin nowadays (because they know how easy it is to co-opt), with people like Ben Bernanke and David Cameron endorsing it, so there's no telling what effect things like that will have on ETF approval.