What we all really wonder is whether BITCOIN will lift ALTCOINS with it, at least enough so that those who are at a loss and those who managed to buy at very low prices can get a piece of the pie.
BINANCE and other EXCHANGES, as well as the creators of the coins, will finally have a breather after 4 long years of persecution by Grandpa Biden's government, knowing that the first executive decision in economic administration by Donald Trump will be to fire the leader of the 'Shock Point' operation to destroy ALTCOINS, Gary Gensler, Chairman of the Securities and Exchange Commission of the United States. This single action changes the entire landscape for the cryptoverse; many are unaware of the visceral disdain and hatred that Republicans have for the cryptocurrency market.
But why is Trump's victory so relevant to us? Well, take a seat and watch BITCOIN rise like that rocket 🚀 that the bulls love to use; nothing will stop it after the announcement of Donald Trump as president. Now, those responsible for keeping ALTCOINS undervalued better make them rise as well; they better not keep bleeding the 47% of the market that ALTCOINS represent (12% belongs to ETHEREUM), because a boycott against the EXCHANGES would ultimately lead to their collapse, simply because the people holding ALTCOINS will not tolerate seeing BITCOIN at 80 thousand dollars and beyond while watching their ALTCOINS stay in the red, or showing that false green color with truly absurd prices. You will forgive me, but they are robbing those who hold ALTCOINS and think they will get away with it; they should look in the mirror of many who are paying jail time for being dragged by GREED, or do they forget that one of the richest and most influential men on the planet was very close to jail not long ago? I am talking about Elon Musk, who was accused and brought before a judge for manipulating the market with cryptocurrencies using Dogecoin. The plaintiffs asked Elon Musk for 270 million dollars for the money his manipulation caused them to lose. So I hope those who program bots to drive down the price of ALTCOINS read me, because we can file a lawsuit if it is proven that the ALTCOINS market is being manipulated. Another case that demonstrates that justice always arrives is the case of Mt. Gox, a BITCOIN platform that was forced to pay around 10 billion dollars to people like us and return 140,000 bitcoins. So those who think we are stupid should think twice, and this goes for the paid YouTubers as well; they should know that it is a SERIOUS crime to manipulate the market and offer misleading offers to investors or members of the EXCHANGES, because today we can lose 5 thousand dollars due to their lies and manipulations, but tomorrow that 5 thousand dollars lost can turn into 5 million dollars paid for damages. So to those who read me and try to normalize market manipulation and misleading offers, they should know that it is a crime to lie to get someone to buy or sell an asset, and when someone feels like it, they can sue, and many will have to pay. For now, the paid YouTubers are feeling confident, working for EXCHANGES like Bitget, Kraken, and Bybit, to name just three, who pay them to sell smoke, to convince people to buy this or that project because it is about to explode, that the coin 🪙 MONOS will rise to the sky and do 100 X; that is a crime and as I said before, serious, very serious. I will write to YouTube reminding them that investment advice is prohibited, that YouTube has a responsibility to allow scammers to proliferate on the platform, and mind you, I agree with serious individuals like Mateo, who doesn't sell smoke and doesn't deal in lies; he makes mistakes sometimes; that's human, but he is a serious guy. So know that we have rights, and when necessary, we will enforce them. By putting in 1 dollar each, we can hire the best law firm in the Big Apple and send more than one scammer to jail and recover all our money. So I hope to see ALTCOINS outlining that green line to the sky and beyond in a few days; remember this struggle is for everyone. Don't leave me alone, write and comment. A hug and blessings to all.
Jorge Ferrer
Bachelor's degree in Business Administration