Why Is Bitcoin CRASHING Again? – What You Need To Know

Why Is Bitcoin CRASHING Again? – What You Need To Know



Josh Sigurdson reports on the most recent dip in the cryptocurrency market as we see Bitcoin fall around 11% in 24 hours, breaking support levels.
After a double flat top and higher lows, many were expecting to see an impending rally happen, but of course that did not happen. Bitcoin dragged every other crypto into the red today.
Interestingly there’s an ETF decision coming up shortly which gives it some bullish sentiment. While it’s not ideal, it’s what preceded the last massive bull run.
The reason for the most recent dip? More media and government FUD of course!
While the SEC goes after many of the ICOs as if people can’t be responsible and take care of themselves, the CFTC continues its price manipulation probe against the online exchanges. More of a reason to avoid online exchanges.
All the while, the Canadian government has put in place more ridiculous regulations to stop money laundering and financing that in reality is best done in fiat. Of course they will use any excuse possible to go after cryptocurrencies that are truly decentralized. The regulations will mean exchanges have to report people to the CRA if they have more than $10,000 Canadian or $7700 USD.
Even more proof that exchanges are terrible. Time to truly decentralize folks! All of this FUD is futile long term as the market is still in its infancy. Most of these laws are unenforceable and will lead to further interest.

Everyone needs to relax.

Stay tuned for more from WAM!

Video edited by Josh Sigurdson

Featuring:
Josh Sigurdson

Graphics by Bryan Foerster and Josh Sigurdson

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2018

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39 Comments

  1. World Alternative Media

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  2. Bilderberg conference is happening now. Crypto currencies was revealed as one of their topics of discussion. Maybe there was more than just talking about bitcoin. A demonstration maybe?

  3. If we put money into TD Waterhouse…can the bank still get a hold of that money or is it only what is in their savings or checking accounts ? Thank you. Great videos

  4. What you aren't appreciating is what you don't know. Blockchain has surreptitiously been superseded… An example of where this could go along with demonstrations is contained in this article: http://voteloony.com/index.php/101

  5. olli tuovinen

    Cryptos are trash.

  6. Jacob Broughton

    Great video man. I think everyone just needs to keep a broader perspective on the market instead of thinking even in weekly terms. These dips are nothing in the big picture. Hey, curious, would you be into doing ICO reviews ever? Would love to hear your take on a couple projects like Muirfield IP and Fr8 Network, really interesting looking from what I've seen.

  7. bboyhp54 hieu

    http://mixfaucetsbrasil.com.br/index.php?ref=RE-0009237
    Web kiếm sat. 10 p đc 100 sat. Miner…. 4 sat 1 click.. Ngon không chơi uổng lắm. Fay về thẳng ví paucethub

  8. Coinrail exchange just got hacked billions of crypto coins were stolen?
    Thanks, buy I will stick with my silver and gold God's money and sleep well at night!

  9. Rocco Siffredi

    BTC is dying a slow dead by thousands cuts…and the positive news that could pull it out of this spiral are simply not coming…face it folks

  10. High or low i am buying crypto 🙂

  11. Explain to me how you are fighting against the central banking system and government by making gains on bitcoin – gains that you withdraw to your bank, making your bank richer, gains that you pay taxes on, helping your government

  12. Paul Castellano

    BCN less then a penny now!! soon $7.43 per coin easyist way to get rich fast!!! bytecoin bytecoin go go go PEOPLE RESEARCH BYTECOIN WOW!!!!

  13. Paul Castellano

    Bytecoin = HUGE gains on july 4th BCN strong buy less then a penny .

  14. Paul Castellano

    BCN Huge News anyday!! less then a penny buy millions of coins cheap sell @ $7.00 soon!! now less then a penny was 5 cents = LOAD LOAD. My god its so cheap you researh you will see 100% this is HUGE news coming on BCN july 4th .

  15. Eugene Rodriguez

    Can you buy groceries,gas,n booty with it……nupe

  16. I started investing in crypto last year and I went down the drain until I found a comment on YouTube about Evan Gilmore. I didn't hesitate to contact him, I traded with him and went from having 4Btc to 12Btc. Thanks to everybody who posted about Evan Gilmore, you are all part of my Success Story. Let’s keep spreading Words about him to help the Ignorant people who are loosing, If you have less than 3 Bitcoins or more why not trade it and make more profits? It’s no News that Evan Gilmore has been helping so many of us out here with new working strategies to trade our Bitcoin. Imagine selling each of them at 30k in a few months, you can contact him via email at {Evan.troygilmore101@gmail.com} or Telegram +1 904-428-8349 seek his guidance

  17. Kevin Belcher

    Bitcoin is just out of date code. There's thousands of others that are better. It will go to it's intrinsic value of $0

  18. Yes, stock up!!
    Also check SOLAR POWERED MONEY
    One of the best examples of block chain combined with decentralized crypto bitcoin to create a decentralized market of products and services!!
    POWERFUL
    https://thesunexchange.com

  19. เพิ่มภพเธียร มุขเบญจรงค์

  20. I recomend FirstMillionRoad for all crypto shrimps

  21. Peter Oitzinger

    HODLing Down to Zero:
    https://youtu.be/YGHi9GJa_H8

  22. "Most terrorism funding comes from governments…" Yeah and governments aligned dark off-the-books accounts. But governments aren't frank about it and don't want you to know they finance the "enemy" to collect tax payer money to military and intelligence industry.

  23. The Triggering

    Bitcoin $2,018 in 2018….been saying that for months

  24. Rupert Chamberlain

    If we go down a route that circumvents establishment control, we will get a bumpy ride until they have regulated structures they are confident that they have regained their grip on our lives.

  25. O gee, paranoia again? Just watch https://youtu.be/wzzZT95ijTo…..

  26. Fiat is used for money laundering because it can exchange hands without ever touching a bank or anything that would track it. Whereas crypto is tracked online and the Blockchain remembers everything. People who think Bitcoin is less secure than fiat simply don't know the complexities of the Blockchain and that's why we need to inform them. Their ignorance is not always their fault. /shares video

  27. buy lots of btc… short btc with futures… sell lots of btc to tank the price… cash in with futures… buy some more btc on the dip with the profits of shorting btc with futures… start again from the top…
    Stop buying bitcoin until parasitic whales go away… try other cryptos until there are more cryptos/fiat pairs created on exchanges.
    The bitcoin battle is lost but the currency war is going to be won by cryptos…
    An idea of a killer app = a decentralized payment system that accepts all major cryptos and fiat…

  28. buy lots of btc… short btc with futures… sell lots of btc to tank the price… cash in with futures… buy some more btc on the dip with the profits of shorting btc with futures… start again from the top…
    Stop buying bitcoin until parasitic whales go away… try other cryptos until there are more cryptos/fiat pairs created on exchanges.
    The bitcoin battle is lost but the currency war is going to be won by cryptos…
    An idea of a killer app = a decentralized payment system that accepts all major cryptos and fiat…

  29. People are so worried about having their investments going to the moon. Guess that rocket is fueled by hopes and dreams.

  30. If cryptos turn out to be a giant ponzi, would it be fair to target those who promoted it? Not sure what your goals are, but I’m hoping to buy in and have another idiot pay a higher price than I did.

  31. GO JOSH (っ◔◡◔)っ ❤

  32. eurosensazion

    Crypto will be facing the wrath of the EU soon. They are discussing how to even tax it's use or even ban it in some way. Regardless they will be implementing endless regulations and rules to try to limit it's use. Many other nations will follow same path.

  33. The more you guys in the comments spread your fear the more I will be buying.ive been picking bitcoin up on every dip.the old system won't go out without a fight but the future of money is decentralized. It would be naive not to invest in crypto. The world average price to create a bitcoin is about 8k usd. Why wouldn't you buy this dip?????

  34. Carlos Salinas

    shitcoin is rat poison squared

  35. I hope it goes down to well under 5k

  36. What exchange should we use?

  37. Bitcoin 100000 what happened ????? You were taking up crypto so much a couple mounts ago

  38. Bitcoin crypto clown quack bubble continues to loose air. Hold on for more blood and pain. FUD lol idiots.

  39. Frederick Vesseur

    Buffet, Gates and Munger have sold their secret stash of BTC to short Bitcoin.

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