The sad part is I'm only half way joking here. Meaning, that as much as the premise is quite stupid, it could effectively be true. Now, Why is the price of bitcoin still tanking? Nobody truly knows. However, I've read quite a few analysts explain in their own ways their elaborate bearish sentiments.

Oooohh Tether.... le sigh

I'm not trying to FUD, but the facts are pretty clear. For anyone who cares to do some digging it becomes apparent some of the "pumps" are not organic in the least. Just like with any other financial market, crypto is not immune to manipulation and the magic USDT has become the ideal tool for the market's puppeteers.

For those who are not familiar with the chart I'm showing; Pepe, our most hated/loved frog friend is standing in awe, as he has discovered a day were the printing press for the magic money decided to get "down with the sickness". Listen, I realize everyone who participates of crypto, who really participates does not like me using the terms "magic money". I've had a few purists get angry at me for even joking about it, pointing out that the true scam is FIAT. So please note, I don't disagree with that, but that is not what I'm talking about here.

Let's bust out the 8 ball

The experts always speak of these things in hindsight. Their videos and publications will always start with something along the lines of - "I kind of knew that Gox Trustee was about to dump, but nobody could confirm until...". I expect this time to not be any different.

But, lets play a little game, what do you say? Here is what we are going to do. I'm going to list three premonitions (obviously biased and possibly all incorrect). You my dear reader will pick one of them, and the first two winners will get 1 SBD each. Ready?

Here we go:

• (a) Mt gox trustee selling off $400 million + again
• (b) Korean uncertainty related to Trump's summit
• (c) Big money Manipulation coinciding with Coinbase's announcement

As you can clearly see, I'm biased and I've only given you three options being the last one, the one that is tickling my brain at the moment. I may be a bit too conspiratorial for most, but then again, the market is so unreasonable, it requires some crazy.

Tell you what....

Give me your own theory, write it out and if you are correct, I'll send you 1 SBD as well. I'm sure there are many possibilities I'm failing to consider. How could I know more than the collective? Impossible I tell you, impossible.