Seriously, just stop.
Stop giving this half-autistic troll exactly what he wants. Haven't people figured out the Internet yet? Or even just bullies in grade-school? Stop reacting like someone else's personal plaything: this will lead to not being treated as one.
My last post talked about how we are trapped in a wedge and running out of time. What happened next? Musk makes a tweet and now it's his fault the market dipped a tiny bit? Like, no. The childish emotions running rampage on crypto twitter are embarrassing and they encourage even more trolling. Cut the shit.
So Musk tweets this shit right at a resistance line and the market crashes and now it's his fault? He's toying with you. This is a game to him. It's not hard to draw a resistance line. Lets not forget that the only reason Bitcoin even broke $40k to begin with is because Tesla bought in. Yeah, let that sink in a bit.
In a very real sense he's earned the right to do these things. This is an UNREGULATED MARKET BY DESIGN. Stop asking for regulations! It's truly pathetic: and not in the insulting way. More along the lines of actually feeling sorry for the millions of people who allow day to day volatility of crypto to get inside their head and manipulate them. That's gotta be pretty stressful shit.
No joke this is going to kill dozens of people or more. Stress is the silent killer. One day we're fine and the next day the doctor tells us we have 5 months to live. How did this happen? No one knows.
I am 100% serious when I say that this is literally becoming a matter of public safety. There are now far too many people involved with crypto who can't handle it. The market crashes 8.5% inside of the most obvious wedge ever and now Elon Musk needs to pay for his treachery. Gah! Get over yourself. Do some deep breathing and get some exercise. Stop looking at charts. You're not a professional gambler.
Seriously though.
The manipulation hasn't even begun. Everyone wanting the institutional corporate sharks to get involved so the price goes up. Well, "be careful what you wish for" couldn't be a more accurate statement.
Again, this is an unregulated market. Or rather: the market regulates itself. Cryptocurrency IS the government. A borderless permissionless one with pre-set rules. If you don't like the rules: make a better crypto/government. Easier said then done obviously.
This actually goes all the way back to the Steem Hostile Takeover. There was no theft. Nothing illegal happened. Why? Because who's laws define said activity as illegal? The United States? Some other bullshit imperialist nation? Steem is the government. Hive is the government. We make the rules. Not them. What they say doesn't matter. That's the entire point of running thousands of decentralized redundant nodes across the entire world. We make the rules. It's our turn, dammit.
Conclusion
So when I see people crying out for the SEC to come slap Elon Musk on the wrist for his Twitter trolling, I'm immediately reminded that over 90% of the people around here only care about number go up. That's not what crypto is about. Number's gonna go up and they'll still be poor because their money management skills are abysmal and the sharks are going to fleece them a thousand times over. Wise the fuck up. This shit has only just started.