Following my yesterday article on "The coming rise of privacy coins", today I want to talk a little about what is really happening at the moment and how I see the near future evolution of the crypto market. For those who are in the field already a long time, you all have noticed since July the market is not at is best. For sure we have seen some good growth and also some big fall. Of course, some are the result of "pump and dump" from large fish, but here I would like to take your attention in the last two months. All of us have already noticed the last two-month pattern. In fact for two-month now we see the market green for a few days (rarely more than 4 days) than it goes red for some days (sometimes for 5 to 6 days) and the same thing happen again and again every week. This is not the consequences of the weekend but more about what is looking like a global politics with a agenda. let's look at it closer, I will not mention the hard forks who also can have an effect on the market. In the month of August and September, the market has suffered from the Chinese ban on ICOs, followed by some rumors, then again the Chinese ban on Bitcoins exchange, JPMorgan Chase Bank false announcement, then the South Korean regulation on ICOs and today the Swiss lawmakers are now working on how to regulate ICOs and soon another country will also get into it and another one .... What it is said it is for make sure ICOs were not used to laundering money and also fight terrorism, we all been used to the song of money laundering and counterterrorism when it comes to taking some of our freedom, and always made in the name of freedom. Only stupid people can believe in such a lie, but it works and still working on most of the population. What is driving all those government to suddenly start to make laws? The fear of losing their power. The fear from the banks to see your money invest in a way it can benefit you instead of them. The fear of a growing awareness in people minds about a better system which benefits the people and not the elite of the old and corrupted system. The fear for them to see the collapse of their system in a way that is out of their control. Anyway, they are well aware of the fact that their system is coming to an end soon, but for the moment they are prepared to it and if it collapses in the way they already design it, they will get the full benefit of it when normal people will suffer and die from it. So this is why they are implementing more and more rules country after country, it is still going slowly but fast enough to bring the crypto-currency market to more red days than green days and it is designed to drive people out of the crypto world. We already see how this kind of rumors plus announcement and false announcement can drive the total market cap down of 80 Billion dollars in two days. Even if the crypto trader is well aware of how to react in case of FUD or any announcement it is still a big problem to prevent mass adoption. This is why yesterday I encourage you to buy gold and silver (not by contract but real gold and silver) and also to buy privacy coins. I am really interested to hear what you are thinking about it and what are your recommendation.
