Backin5mins

Crashed ETH buying 😺's!
Had ☕ & 🍪 with Charlie 🤓. Shared an MTR with Ben 🧙🏼
Still don't know what I'm doing 😂

[Backin5mins @_backin5mins]

#Bitcoin was designed to remove intermediaries, to be peer to peer money.
#DeFi should build on that principle, yet much of today’s DeFi has reintroduced middlemen.
Wrapped #BTC on account based chains works, but ...

[Backin5mins @_backin5mins]

@angrycryptoshow @IOHK_Charles A new baseline.
A baseline better than 10 years ago.
Success is the progressive realisation of predetermined goals.

[Backin5mins @_backin5mins]

@GeroWallet Do you think you could make it "Zero fees" until ADA is actually worth something and people want to spend it?

[Backin5mins @_backin5mins]

@bigpey Do you also remember the VHS to Betamax conversation 🫤

[Backin5mins @_backin5mins]

@Yesreel_ @IOHK_Charles

[Maya Parbhoe @MayaPar25]

I grew up on an internet where Anonymous was challenging governments, hacktivists were exposing corruption, and cypherpunks were writing code to undermine centralized power.

Now I watch Bitcoiners celebrate getting invited into the institutions those people wanted to make obsolete.

It’s surreal.

We went from “information wants to be free” to paid newsletters.

From challenging surveillance to accepting it as the price of compliance.

From fuck-you money to “look how many billionaires own Bitcoin.”

From questioning the monetary system to cheering for dollar stablecoins and Wall Street adoption.

And apparently, if you still care about the political and philosophical principles behind this technology, you’re being divisive.

I remember when being divisive toward concentrated power was the entire point.

The early internet wasn’t perfect. Neither were the hacktivists. But at least they understood something we’ve almost forgotten:

The goal wasn’t to become powerful enough to sit beside the people controlling the system.

The goal was to build a world where nobody had that kind of power over you.

We didn’t lose the technology.

We lost the audacity.

[Backin5mins @_backin5mins]

@Yabba900 @MidnightNtwrk Some directions on this would be helpful please 👍

[Backin5mins @_backin5mins]

@IOHK_Charles @DC_Draino A democratic choice is the illusion bought into.
Either way a govt of 'crony' capitalism.

[Backin5mins @_backin5mins]

@Sssebi 😂

[Backin5mins @_backin5mins]

@filbfilb This is the sort of thing I remember you talking over my head about 🙂

[Alex Mason 👁△ @AlexMasonCrypto]

🚨 BITCOIN IS BEING MANIPULATED, AND I HAVE PROOF

Everyone is talking about how Bitcoin went down $3,500 in 15 minutes.

Everyone’s posting about it…

But almost nobody is explaining what actually caused it.

Stop staring at the chart. Look at the flows:

Within minutes, wallets tied to Coinbase, Binance, Wintermute, and ETF-linked addresses all became active simultaneously.

Large blocks moving between exchanges.

MASSIVE market sells hitting thin order books.

Why?

To trigger PANIC, liquidate longs, and pull new shorts into the market.

Here’s what really happened:

– Liquidity was thin
– Leverage was heavily stacked
– Funding was already stretched

So price gets pushed lower aggressively.

But here’s the part almost nobody is watching:

On November 27, one of the BIGGEST Bitcoin options expiries of the month hits.

And the level insiders are watching is $74,700.

That is where the manipulation gets interesting.

They push Bitcoin lower.

Liquidate longs. Trigger panic.

Force retail to short the breakdown.

And drag price toward $74,700 before expiry.

WHY?

Because that is where the options positioning becomes most profitable for the players already on the right side of the trade.

Insiders opened the positions first.

Then they move the market toward the level they need.

And once November 27 passes?

The pressure disappears.

The manipulation is finished.

And Bitcoin is free to continue higher.

That is why I’m watching $74,700 more closely than ANY other level right now.

And insiders don’t have to choose one side.

They can attack both:

Push Bitcoin lower. Liquidate longs. Trigger panic. Pull new shorts into the market.

Make everyone believe the bull run is OVER.

Then, once retail starts panic-selling and the leverage is gone…

BUY THE SAME BITCOIN BACK CHEAPER.

If you’re new to this market, understand one thing:

Bitcoin almost never makes violent moves like this because of headlines alone.

It moves toward liquidity.

Watch funding rates. Watch open interest. Watch the liquidation map.

Reminder: I called the Bitcoin top at $126,000 and told you to start buying again around $60,000.

The next call will matter even more.

When I EXIT the markets completely, I’ll post it here publicly like I always do.

Turn notifications on.

If you’re not following yet, you’ll understand why that was a mistake later.

[Backin5mins @_backin5mins]

@bigpey Dinner time?

[Backin5mins @_backin5mins]

@CSWAP_Destroy Is it possible to split the dRep roles of governance into areas of specialised interest. Rather than having all encompassing isolated priorities.
This way developments could happen in parallel, without other projects feeling alienated?
The whole idea is decentralisation, isn't it

[Backin5mins @_backin5mins]

@chepurnoy Sounds good.
How do we get people using it?

[Backin5mins @_backin5mins]

@Web3Marmot If you zoom in even more the candles look even bigger 👍

[Backin5mins @_backin5mins]

Well that's a depressing and scary thought.

So much to look forward to. 🫪

[Bitcoin Sweden @swedenbtc]

@Sssebi No it is not. Im gonna show u a chart that has nothing to do with crypto. It's SPX+gold+silver+palladium+platinum+oil/M2. If this goes down to the lower trendline again - we have a lot further to fall. I highly doubt crypto will go up if this goes down.

[Backin5mins @_backin5mins]

@RickMcCracken @Sssebi Hedging like a true trader 😂

[Backin5mins @_backin5mins]

@sz8ng Can someone tell me the use case of Strike token?

[Backin5mins @_backin5mins]

@MidnightNtwrk Can anyone point me to a reference to understand why I'm not seeing my claimed midnight tokens in my wallet please.

[Backin5mins @_backin5mins]

@filbfilb It's like they think we don't know what's going on. 😏

[360Trader @360_trader]

Chart Request winner: $ADA 📊

Weekly chart, and it's still well under its bull-market stage. That stage really doesn't start until $1.37 breaks.

First it needs to get back above $0.25 quickly before I'd be interested.

Last cycle ADA went 2000% off a base just like this one. We've seen all this before. Now it's a matter of waiting for the altcoin bull market.

Thanks @cryptophantom13 for the pick 🙌

[Backin5mins @_backin5mins]

@karma44921039 Ai, a very manipulative Ai.
I'm pretty sure I've heard all of his work and never heard this before.
Until it's proven, I'm not buying it.

[Backin5mins @_backin5mins]

@LaPetiteADA First, well done for speaking out.
Second, to answer your question, it's about being prepared for the possibility and giving you agency.
If everyone only focused on how awful the assailant was, you may become a recluse.

I say assailant, to not generalize 'men'.
I hope ur ok.