The future. Cunningly disguised as
A thought experiment
I'd be running around trying to find out why the crash happened.
Did the tptb suicide a buncha 'core devs'? Did it get banned by the G20/Gxx? Did the miners really steal the segwits?
The sort of news that affects price in dollars, but doesn't touch Bitcoin itself?
Or is it something actually serious?
Not gonna elucidate on those possibilities.
If it wasn't serious, I'd fill my bags and answer newbie bleatings here and elsewhere.
I have the fear that what we are observing is bitfinex exiting from their fractional-reserve scam, almost unnoticed.
Bitcoin was pumped really fast with really big volumes, and I think that the retail FOMO in 2017 was not a cause, but a consequence of such pump. The pump was sustained by finex's tethers, either if they were real or not.
I think there's a chance this is a well-executed "willy bot" pump and dump, markets are crazy but there are too much people buying and selling in panic without reason for this to be real.