Alternative media nails it

Bitcoin crash unfolds almost word-for-word following my prediction

Extreme price volatility has already destroyed bitcoin credibility

I did not crash bitcoin; I only predicted the crash

(NaturalNews) In what has to be the most accurate currency crash prediction ever made, bitcoin crashed today from $266 to a low of $105 in a rapid "free fall" market crash pattern, erasing $1 billion in currency valuation in a matter of hours. I openly and publicly predicted all this would occur yesterday , in both a Natural News article as well as national radio via the Alex Jones Show broadcast aired on over 120 am stations.But the real story here isn't that I accurately made this dire prediction less than 24 hours before it took place; the real story is that this crash was almost certainly caused by a. That's all explained below. (This is a Natural News exclusive. Nobody else has realized this yet...)The alternative media has already begun to pick up on the story of the crash and the prediction I made just hours before it took place. Mac Slavo of SHTFplan.com writes: Anthony Gucciardi of StoryLeak.com writes:See the prediction I made on air, on, in the following video, where I said:What's especially freaky about this bitcoin crash is that it followed almost word-for-word from my predicted "recipe" of how the central banks could destroy bitcoin.According to The Guardian This giveaway is what apparently caused the bitcoin crash. But I have news for everyone. Having now made, on the record, the single most accurate crash prediction ever publicly announced on bitcoin, I think I've earned the credibility to tell you more:How do I know that? Because the "bitcoin giveaway" that crashed the market today wasto determine the "buoyancy" of the bitcoin market. By injecting a predetermined amount of supply into the market and watching the price reaction, it can easily be calculated how many bitcoins will be required to crash the entire market down to a desired price level, causing aThis engineered crash was, in effect, adesigned specifically to calculate what is needed for a much larger attack planned for the future -- an attack that will decimate bitcoin and cause long-lasting distrust in non-centralized currencies.Again, I predicted this would happen almost word for word in yesterday's article, in which I outlined a 6-step "recipe" the central banks would use to destroy bitcoin What we saw unfold today was step 2. Step 3 is next, but the central banks may wait weeks, months or even years before pulling the trigger in step 3. (The timing is impossible to know.)Although bitcoin quickly recovered some of its losses today, theis a huge red flag for this currency. Why? Because it meansbecause they could lose half their pay values in mere hours. This damage is already done. In the minds of merchants who were considering accepting bitcoin, bitcoin's reputation has been destroyed as of today.So this crash event is terrible news for bitcoin's wider acceptance as an everyday currency. I'm even thinking of pulling it from the Natural News Store , since we can't rely on bitcoin payments to have any real value by the time we get paid.On the speculation side, bitcoin volatility is also a red flag warning sign: Volatility equals RISK, and risk is something that a lot of people don't have an appetite for. Once people full realize that bitcoin won't keep going up "forever and ever" as they had foolishly dreamed, most of them will exit the market by selling bitcoins. After all, most of the buyers had no idea what bitcoins were in the first place, so there's really nothing stopping them from ending their little investment experiment.Finally, I want to dispel any rumors that I personally caused the bitcoin crash. People claiming this are using the same lame excuse the central banks use when they want to blame patriots for bank runs. "It's their fault for telling people to take their money out of the banks!"I didn't crash bitcoin and I have no insider information on bitcoin other than the same public information we all have access to (bitcoincharts.com, Coinbase, etc.). Anyone blaming me for crashing bitcoin is just flat-out stupid and delusional, and they're probably angry at me because they lost money in the bitcoin crash (which I warned them would take place).I love how insane our world has become where. The mere act of saying 2 + 2 = 4 makes you a conspiracy theorist these days, it seems. And don't even get me started on the U.S. national debt or the global derivatives pyramid scheme (which will also collapse in time, by the way).Honestly, the bitcoin bubble was not that difficult to predict.Only a fool could have failed to see the signs. But the world is full of fools, I've learned. And when they are blinded by greed, no amount of good sense can penetrate their skulls.So I'm just the guy blowing the whistle and warning people about mathematical reality. I have no horse in this race when it comes to bitcoin, unlike other large-scale bitcoin holders who stand to lose millions of dollars if valuations tumble.If I were an evil sonofabitch who only cared about money, I could have long sincethrough the use of some relatively simple automated algorithms that I already described on the Alex Jones Show. But that's not what I'm into. I don't feel like I'm "winning" by taking money from other people who are losing it. That's not what I'm about. So instead of bilking the bitcoin market, I'm warning people about it instead.If I'm going to take money from someone, I want it to be a voluntary transaction where they gain something of value in return (such as buying superfoods from the Natural News Store). I have no interest whatsoever in zero-sum-game transactions where my "win" requires someone else to "lose."I despise Wall Street, in other words. And central banks. I don't hate bitcoin, for the record, but I do know when something looks like a bubble and people need to be warned. My hope is that the hype mania of bitcoin can burn out and we can get back to the old bitcoin that was less volatile and far more affordable., but now it is obvious that its reputation can be decimated at the merest flinching of the central banks.To think: this crash was caused by nothing more than $13,000 or so worth of bitcoins flooding the market all of a sudden, causing the loss of $1 billion in market valuation. How's that for outrageous volatility?