Saturday, 31 December 2022

Possible bitcoin flash crash new years *Thought experiment*

I mean everyone is hammered and distracted probably not thinking about a flash crash of bitcoin. Could be the perfect time for the world economic forum to strike. Hack exchanges or hack the algorithm that controls price of bitcoin and send it to 0. Set those buy orders for 0.05 cents cause santa is coming for round 2. Imagine while the world is drunk, they crash bitcoin systematically through a massive short attack/ hack/ coordinated selling by institutions to drop bitcoin to nothing.

It could work if the exchanges of the world banned together to cause this event.

It was just a thought. Just wanted to share it.

I mean the story could spin it as millions loose bitcoin in massive exchange coordinated hack. Bitcoin algorithm hacked and bitcoin sent to 0.01 cents briefly during the new years party. Bitcoin not trusted is this the end of crypto? I mean the bitcoin github repository is there open for all to see. It could be possible someone is sitting on an exploit waiting for the world to be distracted. If this happens it wasnt me.

But maybe just sent buy orders for bitcoin at 0.10 cents usd Please. Just trying to help yall before they do what they do.

Also this isnt just bitcoin but all crypto.

submitted by /u/steveo199
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source https://www.reddit.com/r/btc/comments/zzeqrf/possible_bitcoin_flash_crash_new_years_thought/

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