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Bitcoin smashed 9000, The Operation DragonSlayer conspiracy

Bitcoin smashed 9000, The Operation DragonSlayer conspiracy
Bitcoin smashed 9000, The Operation DragonSlayer conspiracy

Bitcoin smashed 9000, The Operation DragonSlayer conspiracy hey everyone and welcome back to another episode of crypto invest I hope you had a great weekend so let us start a another exciting week in crypto currencies there has been a lot of price actions over the weekend there are some news so I want to go over those with you really quickly and I also want to talk you about a conspiracy called the operation Dragonslayer as many of you know on this channel I dont typically talk about conspiracy but this one in particular has gained some momentum and I just want you to can I at least know what it is have some knowledge about it and then we can discuss further in the comment section below so with that lets get into it but before I start I do want to say that this is for informational purposes only and should not be considered as investment advice so with that lets do it so I do want to start with Bitcoin so congratulations to anyone who has been holding Bitcoin over the last few months Bitcoin is busily at an alltime high once again at nine thousand five hundred thirteen dollars Bitcoin has really an amazing run this year starting at 12 months ago back in November of 2016 Bitcoin was at 734 dollars and now we are at 9500 so quite an amazing run for Bitcoin and if you want to take a look at who are currently trading Bitcoin you can see that BitFenix is currently leading away at 10.30 eight percent and then followed by Korean exchange with hum at seven point two two percent and followed by T tax with owned by coinbase in the United State and that is at four point four six percent so the Korean are typically leading the way in term of percentages but this time around which looks like BitFenix is leading away but the Korean are still have a pretty high volume and that doesnt count other Korean exchanges such point one also at around two percent and if you take a look here the Koreans definitely pay a little more premium they are doing an average of nine thousand eight hundred dollars per Bitcoin versus in GD X we are ninety five ninety five and then with BitFenix we are at ninety four seventy so a lot of people are wondering a lot of times why Korean exchanges price a little harder and that is because it is a lot of harder for Koreans you move capital around to be able to buy Bitcoin and move them around its not easy and it is say in the country like in the United States so because of that they do pray a small premium on Bitcoin so if you take a look at the entire market we are currently at 293 billions so this particular sector to cryptocurrencies has been growing quite a bit so if you take a look at the last four months in term of the total market capitalization we started last year in November at about 13 billions and we are now at an alltime high of 293 billion u.s. dollar industry that is not a small number by any measure and with con dominance remaining at fifty three point nine percent which is in my opinions it pretty high consider the last few months you know back in this summer in May and June with con dominance for all the way down to around low forty percent so Bitcoin definitely is leading the way currently so if you take a look at the market cap with out Bitcoin so without counting Bitcoin the market cap as 135 billions and with Bitcoin we are at 293 so thats where they got the 53.9 dominance from so beside Bitcoin growing over the weekend aetherium had gone up quite a bit you it was as high as around 485 now lets retrace back to you 457 which I must say is do a really high number for Tyrion as you know aetherium started to move about I would say 10 days ago its really you know go past us three 80s and now is sitting at 400 and Beyond so pretty good price but Comcast been holding at 1600 and everything else seem to be falling by a little bit but a lot of this is pretty good news because typically if you see Bitcoin go up a lot typically Bitcoin does suck up some capital from other coins but it doesnt seem like this is the case we are experiencing currently so look like the whole sector is growing a quite a bit so something like EOS is up 32 again and EOS already up quite a bit the last 30 days you look at Kedah no up 31 as well so theres a lot of doubledigit gain Estella lumen up 11 so the whole the whole market seemed to be going pretty crazy at the moment so its really hard for you to lose money in crypto currencies I would think if you invest the last three months its pretty hard to lose any kind of money in this kind of market so lets take a look at as far as what is driving Bitcoin price currently and to me we didnt receive any big news over the weekend we did receive a lot of news that cost a lot of excitement into the market so starting with you know this article from concert draft talking about the fact that as Bitcoin price growing higher and higher its gonna attract more and more investors and you know talking about the fact that coinbase gained another 100, 000 users within the last 24 hours from the time of this article once again and then of course you know when the 9, 000 what bitcoin passed its 9, 000 there has been a lot of news coverage surrounding that and it does seem like more and more mainstream investors at least heard about Bitcoin you know coin Bay does add a lot of more users on this platform and based on this article coinbase has you now they have more users that just walk which is a pretty big investment from in the United States and across many countries around the world I do want to say that even though Bitcoin does have more users that just what the average amount of trading volume and the average amount capital that jarrah swap half trading on a daily basis it definitely surpass coinbase at the moment but I think it is just a matter of time before we can see that economies really does take off and it does process a lot more transaction interrupt dollars that charge us what so a lot of the drive will be high the market currently is surrounding Bitcoin I mean I think we are definitely flirting with 10, 000 at the moment were gonna see 10, 000 any time now and a lot of people looking at 10, 000 and maybe a cell war where they gonna go in and unload their Bitcoin at 10, 000 some other people think that were gonna surpass 10, 000 you know without even stopping for anything and 10, 000 is gonna be the beginning up an exponential growth certainly a lot of people believe so I do want to say that there is a conspiracy going on at the moment and its called the operation Dragonslayer and I certainly gonna put this order links in the comment section below for you to look for yourself but I can cover this really quickly about what this is about basically this is a a post coming out from fortune which in my opinion is not the best way to get the news and you know this particular is a copy of that post on reddit but concat read it as to say soku diamond mine so this person say that he is a member of a Chinese wall community and there is a big plan at play here so first there gonna be a lot of manipulation to push Bitcoin to 10, 000 and one bit gonna hit 10, 000 they are go ahead and sale on dumb on a Bitcoin and push it all the way down to sub 1000 levels and a part of that theyre gonna use the selling pressure on the market and they also gotta have Audie miners shipping their hashing power from Bitcoin but Comcast would cause the difficulty level for Bitcoin to go up exponentially and the block gonna take a lot longer to mine and the whole network basically gonna stall and also theyre gonna create some fudge surrounding the whole terrors and BitFenix issue that we talk about in this channel quite a bit that maybe Tara is is another gentlement operations so theyre gonna use that as well to really drive the price action up Bitcoin down sup 1000 and then the next step youre gonna do is they basically youre gonna move a lot of capital into Bitcoin cash and really pump that up and the plan is to have Bitcoin cast at the Bitcoin and that is the plan that they have in terms of the final steps to make Bitcoin cast the true Bitcoin and according to you a lot of no sources its already started as up yesterday so a lot of people say well go ahead and hand with the whole Bitcoin price means searching to me I dont know about that these are conspiracy I dont know who the authors are I dont know what the intention of this articles are or any of this are you have to think about who would benefit most about this guy off post right so number one it could be someone who really loved Bitcoin so theyre gonna create some thoughts some fear and subtlety and doubt she puts a Bitcoin price down using fear tactic and then one Bitcoin does go down value theyre gonna buy a lot of Bitcoin at the bottom so thats one scenario the second scenario is written by someone who dumped like Bitcoin and I just want to create some thought to try it out a bit comprised and then thats the main goal of it or maybe just somebody think its funny to write this article and look for people and see how to panic at they reading this post so a lot of different theories out there again you know and this is also assuming that they can push mid comprise yourself one thousand levels what in my opinion gonna be somewhat not realistic in a way because Mollys also assumed that as we know it costs around one thousand dollars you might one Bitcoin depending where you are in the world obviously depends heavily on your cost of equipment and the cost of your electric city but if it does in fact true that Mac McAfee say that it cost a thousand dollars great one Bitcoin then I find hard to believe that the miner will sell Bitcoin for sub one thousand levels also its also assume that all the miners will be switching from Bitcoin to bacon cash and that the miner will driven by just profit P profit theres some truth to that that the miner acting on you know whether or not how much profit they get and thats where the huge you allocator has power that is their business but we also do know that human is not that logical and you know a lot of miners may not switch over to Bitcoin cash even though when you know bitcoins not that profitable and bit comcast is more profitable at that time because of for the philosophical reasons right you got to think about out as well so I just think this is an interesting piece to know and I do want to share it with you just to at least get you some knowledge of it you know certainly I welcome any comment in the section below you know whether or not you believe in it you dont believe in it to me if this is true or not true that not much I can do about it I am a longtime believer Bitcoin and Im gonna hold bit Congress and you know of course you know this is highly speculative industry right keep the countries are very highly speculative and the money that you have on here you gotta prepare to hold for a long time in most cases because anything can happen right we have seen Bitcoin going from you know ten dollars to one thousand dollars and then fall down to three hundred dollars within the matter of months or I follow the mohawks situation so thats all I have for you in this article I hope its give you some information and if you liked the article hit the like button and subscribe to the channel I do daily article on the topic up crypto currencies so with that thanks again for watching and I will see you in the next article take care good bye

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