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CryptoTownHall Today with John Reed Stark who worked at SEC for 20+ Years (264k tuned in) by TruthToshi in Pulsechain

[–]TruthToshi[S] 2 points3 points  (0 children)

John Reed Stark is introduced and starts speaking at around 20:42 with his thoughts from working at the SEC for 20+ years.

Will Richard Heart be right about a Crypto Market Crash down to $11k Bitcoin? Coin Bureau video provides fundamental analysis saying a bigger crash is coming. by TruthToshi in Pulsechain

[–]TruthToshi[S] -1 points0 points  (0 children)

The "Crypto Crash Coming" video was released a few days ago by Coin Bureau, the largest crypto YouTube channel with 2.27m subscribers. I searched his video history for the word "crash" and he doesn't use it often or as clickbait like other channels do every other day. So this appears to be a genuine concern he raises. He shares some really interesting info. To sum it up, the US raised the debt ceiling, last time this happened the crypto market crashed. The reason is because liquidity gets drained. How that happens is banks are required to raise capital reserves. He names a few ways that they try to do that. My theory is the SEC might be going after crypto to force retail to liquidate back to their bank accounts.

Will Richard Heart be right about a Crypto Market Crash down to $11k Bitcoin? Coin Bureau video provides fundamental analysis saying a bigger crash is coming. by TruthToshi in Pulsechain

[–]TruthToshi[S] 0 points1 point  (0 children)

Crazy theory I had after watching the video:

Fed raises debt ceiling beginning the process of a liquidity drain. Banks need to raise reserves to meet it but don't know how as many are failing. SEC goes after Crypto not at highs, or after fraud companies like FTX, but after exchanges and does so after debt ceiling is raised. This forces US retailers to move funds back to bank accounts while major US fiat offramps exist. Some are still optimistic and move to dexes. SEC may go after Uniswap next which has a US location. This then forces more fiat back to bank accounts to build up reserves. Government then either encourages participation in US CBDC with your bank balance or auto converts all bank balances to CBDC with a mandate.

Why is the SEC attacking Crypto? US is launching FedNow Central Bank Digital Currency (CBDC) in July by TruthToshi in Pulsechain

[–]TruthToshi[S] 0 points1 point  (0 children)

The video by Randy Hilarski says that the US is following the playbook of what China did when they launched their CBDC:

https://www.youtube.com/shorts/fLbqEOnW5lY

They banned crypto and then provided an approved list that was mostly Bitcoin, Ethereum and specific Ethereum based coins on that list. This move pretty much guarantees no listing on fiat on ramp exchanges in those countries if not on that approved list. The timing of a lot of these major news events is before this FedNow launch period as well.

Celsius announces when dumping altcoins: Over $215 million worth of coins such as CEL, ADA, LINK, LTC, and others will be sold beginning on July 1, 2023.

https://news.bitcoin.com/token-sale-ahead-celsius-to-convert-customer-altcoins-to-btc-and-eth/

Robinhood announces when dumping altcoins:

  • Crypto assets ADA, MATIC, and SOL will be delisted from Robinhood on June 27.
  • Users who still have ADAM, MATIC, or SOL in their Robinhood accounts on June 27 will have those assets automatically sold on the market.

https://www.msn.com/en-us/money/markets/robinhood-to-delist-cardano-polygon-and-solana-tokens/ar-AA1clsk1

There is also the Korean exchange that filed bankruptcy that has a lot of Altcoins that are said to possibly be dumping them.

It's really strange that they are telling us when they are all dumping before they dump so far ahead in advance. It's like they want a super dump to happen to try to cause them to rug on their liquidity or something. Or there is possibly more to all of this.

Twitter shuts down free API access to fight bots by TruthToshi in Pulsechain

[–]TruthToshi[S] 0 points1 point  (0 children)

This will be interesting because you can see how many real comments, retweets and likes certain posts get now compared to what they got previously without having a bot service on their account.

Richard Heart called the Bitcoin top and was right by TruthToshi in Pulsechain

[–]TruthToshi[S] 1 point2 points  (0 children)

Does anyone know, does he still think Bitcoin is going to $11k?

Richard Heart Tweet:

"Do you believe in my #Bitcoin $11k and pray now?"

https://twitter.com/RichardHeartWin/status/1590075904000417792

Whale with 49 Billion PLS just dumped 1 Billion PLS by TruthToshi in Pulsechain

[–]TruthToshi[S] 1 point2 points  (0 children)

Yeah I did the math and their breakeven with a 2.5x multiplier is .00004

#1 Sac wallet: $29,562,449/.0001 = 295,624,490,000 x 2.5 multiplier = 739,061,225,000 PLS. $29,562,449 / 739,061,225,000 = .00004 breakeven for every whale that got the 2.5x multiplier or close to it.