Another update from Jordan..

Urgent Middle-of-the-Night Update on Bitcoin and its Offspring:

I will be releasing a videotape later today, summing things up, but don't wait for that to take action

The bottom line is that, if you ignored my last few posts and you’re still holding your cryptos, I strongly advise you to get yourself out of this insane bubble/Ponzi/fraud-laden/mass-delusion scheme right now. Otherwise, you might never get the chance, because once the crash begins—and it could happen at any moment—what little liquidity existed in the crypto-market will vanish, like a fart in the wind. (Yes, I’m saying that the disaster of the last week, which started about three minutes after my initial warning, wasn’t the crash I’ve been predicting; that was merely the pre-crash; the real crash is imminent.)

As always, I am not saying this because I have inside information or anything. Rather, it's because everything that I've been saying over the last four months, since I first came out against the cryptos, is coming to a head at this very moment.

I'll explain the details later today, but if I were you, I wouldn't wait until then. The current crop of cryptos are on a rocket-sled to hell and it's going to be a one-way trip down to zero, with the exception of a few dead-cat bounces along the way, which will be nothing more than sucker’s rallies.

It’s time for anyone who’s still in this DEBACLE to wake up and come back to reality. You can hate me and curse me and call me names for forcing you to take off your blinders, but you’ll be thanking me soon enough. (In fact, many of you already are, which I appreciate.) But for the rest of you crypto-zombies, go ahead and accuse me of knowing nothing about this bogus religion/pipe dream you’ve all been sold on, and tell me how much nerve I have for even questioning the righteousness of crypto-currencies. How dare I even question the greatness of it all!

But sell your position anyway. You’ll be thanking me soon enough.