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馃毃 EMERGENCY 馃毃 BITCOIN DUMPING RIGHT NOW! (Exact BTC Price Targets) - YouTube
Channel: BitBoy Crypto
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welcome to big boy crypto my name is ben
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every day on this channel i show you
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how to make money in cryptocurrency if
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you like money and you like crypto
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make sure to hit that subscribe button
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if you like these time sensitive videos
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that could save you
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a lot of money make sure to go ahead and
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smash that like button as well guys
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tonight we're gonna be talking about an
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imminent bitcoin dump we're gonna be
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talking about
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where it's going what you can do about
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it
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and lastly we're gonna be talking about
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who is doing it if you watch this
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channel you probably already know
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who it is so let's start
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with what's going on right now with
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bitcoin the price has plummeted
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uh bitcoin had been playing around in
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the 48
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000 to 52 000 range for a good
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period of time and so i decided when it
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was right at about forty eight thousand
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dollars to take along
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uh for our 10k to 100k by bit challenge
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sorry i'm just watching my dog my little
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puppy chew on everything henry
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so anyways i put it along but i was
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smart enough to set a stop loss because
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i knew
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if it broke 48k it was going down
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a whole lot and so i said that stop-loss
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and it turned out to be a prudent move
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because i did get wicked out
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not even wicked out it was plunged out i
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did lose a little bit in the trade
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i think we lost about four thousand five
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thousand dollars in the account we're
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still up
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a good bit uh but the problem is
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is that earlier today i had seen on
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market cypher that there was a red blood
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diamond and we tweeted about that i
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decided to go ahead
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and take the risk anyways because we had
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bounced so many times off the 48
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000 level and unfortunately as you know
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as we've talked about here
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it did not happen i did get stopped out
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of the trade
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so now where am i looking for bitcoin to
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go well
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right now i'm looking for bitcoin to go
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all the way down somewhere in the 38
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000 to 42 000 level
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process that for a minute doesn't sound
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good does it now there is a chance we
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get a double bottom around 44 to 45 000
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uh but if we don't if none of those
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levels hold then a lot of people are
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looking at the
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psychological level of 40 000 and then
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38 000
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uh as a really really strong level of
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support now
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we looked at on the charts yesterday on
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the live stream
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that if that did happen it wouldn't be
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that uncharacteristic for bitcoin
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25 to 40 dips in bear market or in bull
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markets are
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totally totally normal so what can you
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do
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with this information well obviously if
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you
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believe the market is dumping you can
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short the market
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there's a lot of reasons to suggest that
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it is going to continue to go down now
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for me
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personally i don't short in a bull
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market i only shortened bear markets
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only long in bull markets to me it gives
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me a higher winning percentage
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but if you are a type person who likes
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to do that a lot of people are taking
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the position
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that this is going to fall much further
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now if you would like to short the
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market
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you guys can uh not only sign up for buy
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bit uh
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in the links down below or at
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bitboycrypto.com
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by bit we've got a new page with a lot
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of different promos on it uh you guys
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can head over there
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you can also sign up for our bitcoin
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trading competition which starts
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next week because i have a few more days
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to sign up for that before it starts
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we'll be uh talking about that
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competition just a one week competition
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uh
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you know it's a few thousand dollars
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hopefully we're gonna be giving away
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it's gonna be fun so make sure you join
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us
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do that in the links down below uh in
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the description
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uh but you can do that you can enjoy the
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market right now and it might not be a
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bad move
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honestly i'll be honest with you
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the only reason i'm not in a short right
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now
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is because i said i wasn't because i
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said i wasn't going to do it you guys
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see my trades
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i don't trade on other accounts right
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now i just trade on the ones you guys
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see i mean that's the most important to
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me the most important thing that i do
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to teach you guys how to trade uh with
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my trading career anyways is teach you
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guys how to do it
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show you guys my trades and things like
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that so don't really do it personally i
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do it for the channel
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but what i would say is i didn't think
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about it
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i did think about taking a short right
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now so when we talked about
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what it's doing we've talked about where
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it's going we talked about what you can
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do about it
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but the question is who did it who done
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it who done it you already know f2pool
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obviously uh is the culprit here
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uh now f2pool itself does not sell
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bitcoin it's a pool made off of a bunch
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of miners and i was just
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recently watching a video by crypto
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daily i like crypto daily cameron
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he's a good guy uh he's actually the
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inspiration for my channel when i
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started my channel he was the guy i
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watched and wanted to pattern myself
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after
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never dreamed i would have more you know
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a bigger following than him uh he's
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awesome very funny you know it should be
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called like
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crypto twice weekly but you know it is
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what it is
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uh but you know the thing about it is
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he made this video where
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my dog in the background odie welts odie
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wills
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leave that toy alone no do whips come
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here buddy you want to come here you
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guys want to see the old lady come here
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come here come here honey come here here
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it is look at that boy
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look at that boy right there he's a
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pretty dog you're pretty dope he's a
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good old hunting dog
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he's still a puppy he's still a little
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puppy a little puppy
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all right so the point here is guys is
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that
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he made a video talking about how it's a
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little bit of a conspiracy that f2
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selling
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because even though clearly they're
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dumping in mass the people that make up
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their pool
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that it's just kind of like random
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happenstance that they're doing that
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it's
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not that uh they are leveraged trading
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and on the way down and they're shorting
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it
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intentionally to basically make all of
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the bitcoin back that they just sold
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and i would really challenge him on that
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point and and the reason is
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i understand what he's saying he's
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saying that it's not one entity
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but the people doing this that are
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dumping
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14 000 bitcoin in a day or
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4 000 bitcoin in an hour
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there's coordination there you can't
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just dump
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some random guy in sheboygan wisconsin
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there's a guy
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mining in sheboygan wisconsin i'm sure
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i've used him as an example twice so
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he's got to be real
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some guy out there in sheboygan
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wisconsin who's mining he
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isn't dumping thousands of bitcoins to
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an exchange
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sending them to gemiini custodial
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they're they're not doing that
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okay he's selling off a few here and
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there
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he's doing it maybe peer-to-peer he's
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not
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able to dump 14 000 bitcoin in a day
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nobody is really except for uh these
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people that are in coordination with
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things like the otc market and are
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working with exchanges to
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to sell them off to their reserves so
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the point is
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is yes a money pool is made up of a lot
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of people
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but what's really happening in china
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with all of these mining pools is a lot
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more coordinated
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than people would like to think there's
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a lot going on under the service and
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we're going to be exposing a lot of that
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here pretty soon i'd make the argument
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that in some ways you know a lot of
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bitcoin's owned by china for sure i mean
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if you add up all the chinese mining
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pools
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it's over 50 of the hash rate and when
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you
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sit here and think that bitcoin's
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supposed to be decentralized
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china's communist there's no such thing
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as a private business income
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in a communist country a true communist
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country like china
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but yet all these mining pools are
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businesses in china so
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it makes you wonder chinese government
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might have their hands in
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a little more than they should so uh
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they're not
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stopping they're not changing uh this is
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gonna continue
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the only difference between now and when
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it's probably happened before is this
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exposed
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now we see when it happens we cannot let
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these people off the hook
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uh you know i just hope somebody's able
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to track down these addresses and find
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out who the people are
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that are doing it so drop your comments
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down below let me know what you think
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is going to be happening in the near
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term for bitcoin is it going down that
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low is it going to bounce back
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beforehand let me know what your charts
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are telling you
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that's all i got be blessed goodbye
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