Updated important pieces of the timeline -- added Tether & Facebook FUD (interesting!)
Some pieces of the timeline:
Tuesday, Jan 30* Profits starting to be taken from US Stock Market -- start of stock market decline.
* Bloomberg REPEATS OLD Tether FUD. [see below re: my comments about this]
https://www.bloomberg.com/news/videos/2018-01-30/crypto-exchange-bitfinex-tether-said-subpoenaed-video* Profits starting to be taken from Crypto.
* Facebook bans cryptocurrency & ICO Ads [FUD]
https://techcrunch.com/2018/01/30/facebook-is-banning-cryptocurrency-and-ico-ads/Wednesday, Jan 31* More Bloomberg Tether FUD [see below re: my comments about this]
https://www.bloomberg.com/news/articles/2018-01-31/why-crypto-traders-are-so-worried-about-tether-quicktake-q-ahttps://www.bloomberg.com/news/articles/2018-01-31/bitcoin-extends-cryptocurrency-slide-amid-facebook-tether-fearsFriday, Feb 2* Janet Yellen served her last day as Fed Reserve chairman (after threatening several interest rate hikes earlier in the year).
https://www.youtube.com/watch?v=EU8_H7x0KwAhttps://en.wikipedia.org/wiki/Janet_YellenSunday, Feb 4* Janet Yellen suggests stock market and real estate markets are BUBBLES. Notice she said this 5 days AFTER stock market rapidly started to decline.
https://www.youtube.com/watch?v=EU8_H7x0KwAMonday, Feb 5* New Fed Reserve Chair Jerome Powel sworn in.
* Dow Jones dropped 6%
https://www.youtube.com/watch?v=EU8_H7x0KwAhttps://en.wikipedia.org/wiki/Jerome_PowellTuesday, Feb 6* In early morning USA hours, before the typical American wakes, ETH tanks down to $575 and IMMEDIATELY rebounds. Large buy orders triggered. [I am speculating largely from stock profits.]
* SEC hearing LATER in the day: in SUPPORT of crypto AFTER the the drop and incredible bounce back up, after thier cronies buy orders are triggered... again the FUD from Bloomberg/Facebook/Janet Yellen and SEC hearing announcement caused panic sell off.. and they all KNEW (the insider team of elites) what the buy in order point would be. It's not even illegal for them to do this since it is unregulated. The drop and bounce was in early morning hours while Americans were asleep.
* SEC hearing says they want to target ICO's.
Some thoughts: yeah because they don't want competition I figure with the set of coins/tokens they are interested in?.. which I speculate will all be ETH based? Speculating ETH will be the investment coin -- due to the larget investment coming in and PoS--, and Bitcoin will be the coin used as currency (Coinbase is adopting Segwit and Lightning network which wil lmake trnsactions affordable). I am not sure where Ripple stands in all this but it grew peculiarly fast yesterday -- don't know if it was just some more pump and dump action or not.. why would the elite invest in a coin where the ceo owns the controlling share.. I have no clue.Feb 7 to Feb 9* More profits taken from stock market yet crypto goes up / holds steady / down slightly from recent peak.
Regarding TetherBloomberg spread more FUD about Tether because I think they didn't want people to secure their funds when BTC/ETH started dropping (which they knew darn well it was going to happen).. i.e. they wanted the traders for example on Binance to fear using Tether and not selling then buying back cheap like they did. Also I trade on Binance and it was down recently for thirty hours due to DoS (denial of service) attacks. I notice more lag when eth is starting to drop fast on binance when I am on the ETH/USDT page getting ready to sell to Tether.. I believe this is when the DoS attacks are happening.