Retail asleep ... Spot market dead except the exchange bot action ... OG whale comes in and spot sells 80k coins ... #Bitcoin has to give ... Institutions, corporations, nation-states and ETFs buy OTC paper IOUs like crazy but price-neutral ... Where does this leave us? #fucked #gackt #rekt
Ergo #Bitcoin always only crawling up in slo-mo and crashing violently is not sustainable. The same goes for IOU paper coins. Something has to happen, right here right now and NOT tomorrow, in months, years or decades!
