Crypto is a Ponzi

Simply put, time is limited for Crypto. I expect another bear swoon maybe as soon as this Summer. The counter to this is Bitfinex and Tether will pump BTC in one last glorious exit pump, dumping at a peak on retail noobs conditioned to HODL. This will be the last hurrah.

Bitfinex implicated in a 850M fraud on April 24.

800M tether printed since April 24. This is fine.

— Coinspeak (@coinspeak_io) July 13, 2019

Regardless of timing, there will be a massive cleansing of Crypto.

I called this BTC ponzi pump as it happened:

BTC is the Lehman Brothers of crypto.

— Coinspeak (@coinspeak_io) June 24, 2019

Don't forget, this BTC pump got started because of an April Fool's joke.

BTC jumped 21% in one hour to break $5k. Fuel to that fire: 300 million in fresh Tether.

This is fine.https://t.co/5EG5bPzd5G

— Coinspeak (@coinspeak_io) June 26, 2019

I wasn’t the only one:

BTC is the Fyre Festival of crypto.

— Warboat (@warboat1) June 26, 2019

This tweet was near the current BTC top:

Current day chart.

Could run quite a bit more, but don't get fooled. This will come back to earth hard. pic.twitter.com/owQlCOKLBy

— Coinspeak (@coinspeak_io) June 26, 2019

This call on BSV paid off well if you took it at $57. Within weeks it hit $240+ and is now sitting around $160.

I don't see how the BSV news could get much worse and support did not break. If you were looking for a moment to add this seems like it.

BCHBSV and BTCBSV ratios also at ATH. pic.twitter.com/xsAmzZBdkJ

— Coinspeak (@coinspeak_io) April 17, 2019

So how does this end? All the shitcoins, including BTC, with their broken economic models, experimental blockchains and “second layer” solutions will fail. This may take a year or more but it will happen.

Only one coin will survive.