Jacob King

[Jacob King @JacobKinge]

JUST IN: FTX founder Sam Bankman-Fried loses attempt to overturn his 25-year prison sentence.

[Jacob King @JacobKinge]

Bitcoin is the most centralized asset ever, marketed as “decentralized.”

If you understand how the Bitcoin blockchain actually works, it becomes obvious that it is not immutable or untouchable. The code can be changed, and the chain can be controlled through coordination.

For those who don’t know, Bitcoin runs on a single public blockchain, and control of that chain comes from who produces the blocks.

Today, block production is dominated by only 4 mining pools: Foundry USA (30%), AntPool (18%), ViaBTC (11%), and F2Pool (10%). Together, the top pools routinely control over 65% of total hash power, and the top 5 over 75%.

Officially, these pools are “separate” on paper, but they all work together. They share the exact same private funding, have same aligned incentives, and overlapping miners. This creates a de facto centralization where a single group influences block production, censors transactions, or pushes protocol changes at will.

In reality, fewer than 10 people control most of Bitcoin through the top mining pools and core developers. Revealed from the Epstein files, Israel also funded much of this early development, covering over 60% of the core developers’ salaries. “Decentralized” is purely marketing.

Stablecoins give this same cabal another lever over Bitcoin. They want prices up? Easy. They print unbacked Tether or USDC out of thin air and inject it into exchanges they control or influence, like FTX (before it collapsed), Binance, Bitfinex, Coinbase, and others. They want prices down? Just pretend to burn the coins, trigger panic, and the market enters a bear phase. These mechanisms make Bitcoin’s price highly manipulable despite its “free market” image.

When a small group produces most of the blocks, transaction censorship, reordering, and enforced protocol changes are no longer hypothetical.

Bitcoin is marketed as pseudo-anonymous and seizure-resistant, yet governments have seized millions of dollars in BTC with ease. Do you ever wonder how?

The 2021 Colonial Pipeline ransomware payment was traced and recovered almost immediately by the FBI, which they later admitted they got access to the wallet’s private key (Very sus!). Similar seizures occurred with Silk Road, the Bitfinex hack funds, and multiple darknet and ransomware cases. This level of enforcement is incompatible with claims of true privacy or sovereignty. They clearly have backdoor access.

Bitcoin functions like a Trojan horse. It was hyped as a financial miracle, sold to the masses, and accepted without skepticism.

In reality, it is a speculative gambling chip, heavily surveilled and quietly managed by insiders. Strip away the mythology and it is no more valuable than a digital beanie baby with better marketing.

[Jacob King @JacobKinge]

MICHAEL SAYLOR: "I said to you 'never sell your Bitcoin.' I never said that the company wouldn't sell its BTC ."

[Jacob King @JacobKinge]

JUST IN: Markets are plunging, with over $2 trillion in value gone in under 2 hours.

The S&P 500 reversed gains and fell more than 2%, erasing about $1.1 trillion in market capitalization.

The Nasdaq dropped around 3.75%, wiping out another $800+ billion.

[Jacob King @JacobKinge]

@MindMathMoney “And they still won’t flinch”

What do you mean by that? Would selling their coins be considered flinching, because I have some news for you…

[Jacob King @JacobKinge]

BREAKING: MicroStrategy, $MSTR, announces it has bought 1,550 Bitcoin for an average price of $65,332.

This latest Bitcoin position is currently down over -$3.61 million.

[Jacob King @JacobKinge]

BREAKING: Elon Musk is projected to become the world’s first trillionaire this Friday following SpaceX’s anticipated public market debut.

[Jacob King @JacobKinge]

BREAKING: Bitcoin is now expected to fall below $50,000 this year.

There is now a record high 65% chance of Bitcoin falling below $50,000 in 2026.

[Jacob King @JacobKinge]

Bitcoin is very far away from bottoming out. Still a long way to go.

[Jacob King @JacobKinge]

BREAKING: Bitcoin plunges below $61,000, lowest range in half a decade.

Over $635 BILLION has been WIPED OUT from the crypto market in less than a month.

+$500M in crypto liquidations hit in the last 1hr, long positions accounting for $450,000,000+

[Jacob King @JacobKinge]

@_JonnyBlaze_ @ScamcoinSPL Ummm. 🙈

[Jacob King @JacobKinge]

BREAKING: Michael Saylor is down nearly $11 billion on Bitcoin, making him the largest loser in the entire market.

In 2000, Saylor lost -99% of his wealth after betting heavily on dot-com bubble stocks and was ranked the #1 biggest loser of the crash.

History is repeating itself. Exactly as I said it would years ago.

[Jacob King @JacobKinge]

BREAKING: Crypto markets have officially erased over $2 trillion in market cap since the record high seen in October 2025, now down -48%.

[Jacob King @JacobKinge]

@ScamcoinSPL Babe, he’s selling. It’s over.

[Jacob King @JacobKinge]

If people are worried about Bitcoin crashing to $60,000, just wait until the news gets out that Saylor will be forced to liquidate 81,000 BTC to cover Strategy’s liabilities.

The bear market is still in early stages. We are still dangerously overvalued. Remember, this market is all propped up on fake demand. It will all come crashing down much faster than it went up.

[Jacob King @JacobKinge]

JUST IN: Strategy officially records its LARGEST EVER unrealized Bitcoin loss of -$12 BILLION after selling $BTC.

Strategy basically lost 4,800x MORE than it made from selling 32 BTC for $2,500,000+

[Jacob King @JacobKinge]

@freedom8_martin No

[Jacob King @JacobKinge]

Bitcoin is essentially a giant game of musical chairs.

As long as new players keep getting lured into the game, and stablecoins fraudulently print to rig prices upwards, the music keeps playing.

However, smart money has already been quietly heading for the exits for the last 6 months while retail investors are still being sold dreams of endless gains. Even Bitcoins biggest promoters, like Michael Saylor and Mark Cuban, are jumping ship. They know exactly what’s coming. The entire system depends on confidence, liquidity, and a constant flow of new naive buyers who are sold a pipe dream . Once that flow slows, the cracks become impossible to ignore.

The music is about to stop and, not everyone will find a chair. The quoted price will prove to be an illusion of liquidity, and many holders will discover there are far fewer real demand buyers than they imagined. The true price is far below even $10,000.

A major crash isn’t a matter of if, but when. If you’re holding Bitcoin or crypto, it’s best to cash in, because the next bloodbath is going to be brutal. Bookmark this.

[Jacob King @JacobKinge]

@rebel_thecat Simple: Fiat, Stocks, Gold.

[Jacob King @JacobKinge]

1. Governments are not buying. That’s fake misinformation by maximalists.

2. ETFs have been recording record outflows for the last year. Nice try.

3. You have absolutely no idea what you’re invested in or talking about.

4. Please Keep holding. You need the lesson Mr Market will soon show you…

[Jacob King @JacobKinge]

Michael Saylor, Mark Cuban, BlackRock, Coinbase, Tether, Binance, the top three mining firms, Mara Holdings, CleanSpark, Core Scientific, GameStop, and dozens more are all dumping their Bitcoin after urging everyone else to buy in at the peak and HODL forever.

Bitcoiners got played and became their exit liquidity. Bitcoin was never going anywhere; it was just a tool for the elites to milk poor, naive sheep.