Bitcoin: The 9 Inning Game

In my view — Bitcoin is a 9 inning game. Currently we are in the 3rd inning. This is how it is being evolved.

Inning #1: The Moon Phase into the Futures — 2017

Bitcoin Run 2K to 20K — This was not an organic rally. It was a manifactured pump with much bigger long term goal.

Since 2015 Gold’s “descent” & Bitcoin’s “ascent” is considered a “normal” event. I do not think it was. As of now, very few people agree that Bitcoin’s moon rally to 20k was a “manufactured” event.

Inning #2: The CRASH after the Futures — 2018

$20k to 3k crash. No one believed this will happen, but IT DID!! I view this as the 2nd inning.

This is how it was carried out:
Cartel Strike #1 and #2
Cartel Strike #3
50% Flash-Crash $6,500 to $3,200

Inning #3: Fractional Reserve Bitcoin

  1. If I am right: This is going to be the longest inning - Few Years.
  2. There will be MANY RALLIES in this inning.
  3. The goal here is to increase the Bitcoin supply & the volume on the futures market (FR, Commingling, Rehypo & Derivatives)
  4. Expected Outcome is worst than the Crash phase = Disillusioned masses that start hating the asset itself (look at Gold)

Please read following posts to understand why I believe “Bitcoin supply will increase”

End of 21 Million Bitcoins as you know it
Futures Markets: Volume harmful for Bitcoin

Innings #4 to #8

Many possibilities here. It is too early to talk on this. Depending on when “They” lose control we may go to inning #9 straight away.

Inning #9: Bitcoin, Gold, Silver Moons

— The Game ends when “They” lose control over the Markets.
— The collapse is slow first, then sudden.
— The Fractional Reserve (Paper supply Ponzi) ends.
— Bitcoin, Gold, Silver moons.

Be warned this phase may also include societal collapse. Look at Venezuela — Gold and Bitcoin have mooned. Are people happy about that? Probably not. Both the assets have worked as an insurance.

Genesis of the 9 inning game theory

I would point out 2 examples from the recent History.
— Gaddafi lost his life & country for trying to create Gold-Backed Currency.
— Saddam lost his life & country for trying to back Oil with Euro.

Same applies to Bitcoin. Unfortunately, there is no CEO-of-Bitcoin who can be killed to destroy Bitcoin, therefore, REST ASSURED, there will be efforts to keep the Bitcoin pinned down. This is the genesis of 9 inning game theory. Current Inning #3 (Fractional Reserve Bitcoin) is the Key phase of this game.

Hillary Emails Reveal NATO Killed Gaddafi to Stop Libyan Creation of Gold-Backed Currency

Iraq nets handsome profit by dumping dollar for euro

The real reasons Bush went to war

Still have doubts about Gold & Silver manipulation?

Former JP Morgan trader pleads guilty to manipulating US metals markets for years. Edmonds, a 13-year J.P. Morgan veteran, said that he learned how to manipulate prices from more senior traders and that his supervisors at the firm knew of his actions.

Where is the Future Bull: Bitcoin or Silver?

Many more Medium posts here

Tip Jar — Why not?

Bitcoin
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LTC
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Bitcoin Cash
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I called for 95% correction in Bitcoin at $20k in Dec-2017. We got 85% by late 2018. I was wrong by 10% :)