#the cause of today's negative spiral is (not surprisingly) writing! | Explore Tumblr Posts and Blogs

koolkat9 · 3 years

Text

So...Alice Au Fic Idea

Because I’m obsessed and after that drawing and listening to “Servant of Evil” on repeat I needed to write out a plot idea.

First off, I tried to make Arthur evil, I really tried, but it didn’t work. Like its clear he isn’t a good guy, but like he doesn’t know he’s evil or relishes in that fact. Second off, Halfway through I’m like, wait there are other characters I can use, so if I write it I’ll probably write more interactions at least between Feli, Kiku and Ludwig. Lastly, I don’t know if I’ll ever write this because I do two things in it I don’t usually write so who the heck knows. Anyway, without further adieu here is a plot outline.

- Open with them as children

- Arthur is tending to the garden one day and feels someone is watching-> behind one of the rose bushes he spots Ludwig and he asks Ludwig if he could help him-> Ludwig agrees

- Through this the two become friends, but unfortunately it doesn’t last long as Arthur gets less free time as he begins his schooling and training to be the next ruler

- They are properly reunited again when Arthur becomes crowned and Ludwig is assigned as his personal guard-> both are ecstatic by the arrangement as they missed each other

- Not long after feelings began festering and the two have a secret relationship

- Though Arthur tends to be somewhat of a tyrant when he becomes king, taking things too far when it comes to keeping law and order, the two are quite happy

- Then comes word of an outsider in their land-> Arthur having a negative experience with outsiders, demands she be brought to him-> Ludwig is somewhat confused since there is no proof this individual is dangerous, but Arthur brushes him off and tries to distract him (somewhat works)

- One day, while in town on an errand for Arthur, he comes across a young girl (liechtenstein/Erika), the outsider-> he goes in to capture her and fulfill his duty, but stops as she sees her buy some food for a beggar-> for the rest of the day he follows her only to see Arthur’s fears are misplaced-> At one point she catches him, but surprisingly she isn’t mad at him-> “A-Are you going to capture me?” she asked timidly. Despite this question, she made no move to run. He knew he should though. That’s what Arthur wanted. But at the same time, she didn’t appear to have a dangerous bone in her body and Arthur...well...he was stubborn and had trouble admitting he was wrong. Who knows what he would do to her. “No,” Ludwig answered.-> As an apology for spying on her, he offers to treat her to lunch

- He returns to the palace that evening, wanting to forget today ever happened-> Arthur is suspicious as to what took him so long, but Ludwig doesn’t fall for Arthur’s attempts to get him to talk-> Giving up Arthur requests he joins him in his chambers

- Things continue to go well. Ludwig spends his time, trying to keep Arthur distracted from the search for the outsider and just over all happy and he more or less is doing it successfully

- Unfortunately, Ludwig meets Erika again after she wanders onto the castle grounds and guards begin to pursue her-> she runs into Ludwig who helps her escape-> this second meeting sends him into spiral of conflicting feelings and values: Loyalty to and love of Arthur and his morals and belief that Erika is innocent and shouldn’t be going through this

- Arthur is concerned with how trouble Ludwig is, but becomes too consumed with finding this girl running amuck in his kingdom and poking into things he worries will spell danger for them-> His obsession and rage comes to head when Erika accidentally destroys some roses and finally gets caught and Arthur finds out Ludwig has been ignoring his orders-> Arthur is furious, but he can’t bring himself to do anything more than kick Ludwig out

- Ludwig, now out in the kingdom realizes the unrest and after running into his old friend Feliciano he hears that many are planning on overthrowing Arthur and saving Erika-> Ludwig knows he has to warn Arthur, but Feli advises against it since Arthur isn’t the best guy-> “I know that...but he really believes he’s doing good. Someone has to put him on the right path and I know only I can get away with it.”

- He ends up sneaking in with the help of his friend Kiku who’s part of the royal court

- Arthur at first doesn’t want to see him, but Ludwig tells him that it's important and it's a matter of life and death-> Arthur asks all his guards to leave for five minutes-> Arthur tells him what he’s heard and witnessed and begs Arthur to run away with him-> Arthur refuses at first, but Ludwig finally says how he’s realized how different and downright scary Arthur has become after taken the throne, how he’s tried to ignore it and act like everything’s fine-> he asks once more for Arthur to come with him, that they could be as they once were, have the life Arthur occasionally dreamed of without responsibility and Arthur finally agrees and suggests they meet at nightfall

- They meet, Arthur has gathered some essentials-> Ludwig asks what’s going to happen to Erika and Arthur states that she’ll probably be broken out by the rebels and although he doesn’t seem to happy about that, Ludwig ensures that Erika is overall a good person and it will turn out alright

- As they are about to leave a guardsmen (or at least someone dressed as one) comes running towards Arthur, spear drawn-> Ludwig jumps in the way, taking the blow for him-> He crumples floor and Arthur follows in complete shock, the assassin quickly forgotten-> “No...nonono,” Arthur whispered desperately, collecting Ludwig in his arms, “No, love, Ludwig don’t you....don’t close your eyes. S-Stay with me. LUDWIG!”-> Erika, recently free comes upon the scene and is devastated to find the kind guard that helped her bleeding out-> Arthur begs her to help Ludwig, to heal him regardless of what happens to him

- Erika agrees and demands the rebels do not touch Arthur at least until this issue is solved

Now I’ve got two endings for this. In case I do write this, I’ll put it under the cut:

Ending 1:

- Unfortunately, Ludwig subcomes to his injuries and passes away, but before that he asks Arthur to keep on living, to do what he can to make up for his mistakes and that he hopes to see him again be it in the afterlife or rebirth

- Erika offers to put Arthur on house arrest in the little cottage he planned on running away to and Arthur agrees, but before leaving he says that if Erika needs it she can reach out to him any time and that he is sorry for all the pain he’s caused

- Fast forward centuries later, we are in a more modern time following a man strikingly similar to Arthur-> said man happens to bump into someone strikingly similar to Ludwig-> The Arthur looking man goes to curse out the other, but when their eyes meet something clicks and they feel like they recognize each other-> Instead the Arthur like man apologizes as does the Ludwig look alike, offering to buy him a coffee (In case you hadn’t caught on the two were reborn and now can have a more normal and happy life together)

Ending 2:

- They manage to save Ludwig

- Erika realizing how much they love each other and as repayment for Ludwig’s kindness agrees to let them go under the condition they primarily stay at the cottage they planned on going to (almost like a house arrest)-> the two take the opportunity

- Fast forward a year or so later, Ludwig and Arthur had made a happy and peaceful life for themselves-> Erika, who decides to stay in Wonderland becomes a fine ruler and even checks in and gets advice from Ludwig and Arthur-> They have adopted some dogs upon Ludwig’s request, Arthur has grown his own rose bushes, red like he’s always wanted, giving one to Ludwig everyday-> just very fluffy, very domestic

And there. Now that this is all written out maybe I’ll actually write it for my 100 follower milestone?

#hetalia #hws #alice au #gereng #engger #geruk #hws germany #hws england #guard x royal #plot outline #part of me wants to write this #but i don't know if i have the heart to #like the ending i feel flows better is something i promised i would never do #but maybe i could break that promise #i mean it isn't all sad

25 notes · View notes

evan-hand-soap · 5 years

Text

I’ve been dying to write something for mha

Therefore, this is a hc thing for Bakugo, Todoroki, Hitoshi, and Dabi with a s/o with a panic quirk. Basically, you can look at anyone and know their deepest fears and use those against them to fight back or force someone into doing what you want, by giving them a panic attack. Let’s get start! Enjoy:) Warnings and things: Cursing

Bakugo🔥

He originally hated your guts

He, just like other people, thought you were a psychotic lunatic who will eventually drop out of UA and become a villain

Because after all, your quirk doesn’t really give off the heroic vibe

His point of view towards you changed during the trip to the training camp

During the attack, he admired how you were scaring villains shitless left and right

After that, he attempted to become your friend

See how I said attempted?

To yours and his surprise, he was actually trying

He, yet again, surprisingly, apologized for being an ass and treating you like you were a villain

Eventually, he succeeded at befriending you.. which is when his crush started forming

He admired how you could defend yourself and weren’t a weakling

He admired your quick, witty remarks to other people

He loved everything about you

Which is when he started spiraling because he didn’t want these feelings

He ended up acting upon these feeling and asked you out

And by asked out, I mean, violently demanded a date

But you laughed it off and agreed

And thus bloomed your relationship

Like I said, he loves the fact that your not defenseless and can stand up for yourself

But if he hears your name mentioned at all, even if it’s positive or negative, he doesn’t hesitate to invite himself into the conversation

He’s punched Mineta on a couple of occasions for perving out about you

He’s not too big of a fan of PDA because he still has to put up his ‘stern’ persona

But when your in one of your dorms, he’s clingy and more cuddly than you could imagine

His favorite thing to do is open the door to the room and then once it’s shut, bear hug your and drop you to the bed, then smother you with kisses

His kisses are usually just rough and full of passion but sometimes rarely you’ll receive a slow and sweet one

Usually it’s when he’s tired

It took you a little bit to get used to this side of him but you wouldn’t complain at all

On a bad day he doesn’t say a word to you, grabs your wrist, storms to his dorm, flings the door open, kicks it closed, scoops you up, and collapses on the bed and hugs you like there’s no tomorrow

When you’ve had a bad day, he gives you a chain of confusing emotions

First he’s pissed off and questions who was an asshole today

Then you receive an apology for yelling at you

Then he insists you go to his or your dorm and rest

If you’re ever doubting yourself, he’ll also get pissed and start questioning you who told you you can’t be a hero

If you tell him it wasn’t anyone, he’ll just wrap himself around you no matter where you are, and tell you things that help

Like, ‘you get to make what you want out of yourself’ and ‘you’re only villainous if you have bad intentions’

He gets really anxious when you’re faced with villains because he’s afraid they’ll try and kidnap you like they did him

Because he’ll admit, your quirk doesn’t really have that heroic flash to it

Resulting in the villains possibly wanting you for themselves

He knows you can stand up for yourself, but at times he’s gone up to someone who’s a constant ass to you

*cough*Monoma*cough

And socked him in the face without prior context

It resulted in him having a few days under house arrest but he’d gladly do it again for your sake

Todoroki ❄️🔥

At first, he didn’t pay much attention to you or your quirk

And by that I mean he pays A LOT of attention to you and your quirk

But he never says anything to you because he’s too lazy

He hears everyone saying stuff behind your back about how your like a villain

And his natural instinct tells him to tell them to stop talking like that about you

Because it’s just not nice to let it continue + he sees the good in you

At one point, he made an effort to talk to you because it seemed like you were sad

And thus evolved a friendship with you and Todoroki

We all know that are boy Shouto isn’t very familiar with emotions

So when his crush started forming, he assumed it was anxiety or something

He eventually didn’t know why his ‘anxiety’ has been lasting so long and only kicked in around you

He went to Midoriya for advice since Midoriya struggles with... anxiety, too

This is to which when Midoriya told him it wasn’t anxiety and that he’s got a crush on you

Todoroki didn’t really act differently around you because he’d had these feelings for so long and didn’t know

Everyone but you could pick up on the fact that Todoroki had a crush on you

Your classmates were irritated with the fact that he wasn’t doing anything about it and that you didn’t realize it

It’d gotten to the point where All Might could tell, too, and it annoyed him too because he’s probably you and Todoroki’s #1 shipper

He thinks it’d be adorable so he purposely teams you two up for everything

But he’ll switch it up once in a while so it’s not too suspicious

Your class had ended up forcing him to ask you out, so he did and ofc you said yes

He, just like Bakugo, isn’t big on PDA

But Todoroki will still hold your hand and kiss your forehead every so often

He’s not one to get jealous, either, but sometimes he’ll get suspicious about someone flirting with you and not stopping

He’ll come over and wrap and arm around your waist and overall just make your relationship obvious

(I really like the idea of All Might just completely stanning his students relationships)

He’s kind of like your personal photographer, along with everyone else in your class

They all just happen to have a phone open and camera ready when there’s a cute moment between you two

Todoroki is a big cuddler

Whenever you two are alone, he’s all over you, smothering you in love

He’s not big on lip kissing but when he does, it’s soft, sweet, quick and innocent

You’ve only ever gotten a rough kiss once, when he’d gotten really jealous and angry because you were really uncomfortable and a guy wouldn’t stop hitting on you, no matter how much you said to stop

To which he just walked up to you and snagged you by your waist and just kissed you roughly right there and whispered something in your ear

And then dipped, dragging you behind

The only type of public affection he doesn’t really mind is holding hands and sleeping on his shoulder on buses or during breaks and such

He doesn’t get angry easily but one of the things that angers him the most is when someone tells you you’re nothing more than a worthless villain

Your quirk gives off the impression that it’s harmful and scary

After all, it’s purpose is to scare someone into being like a personal puppet and you’re the puppet master

It’s not very soft and innocent compared to other quirks

But once someone gets to know you, you’re really sweet and pure and only have good intentions

So when someone treats you like you’re a villain, he’s not very happy pissed off

He’s not one to go and throw punches at someone for this, like Bakugo, but he’ll definitely intimidate them into not being such an ass

He also hates when you doubt yourself because he only sees your future full of success and you doubting it won’t get you there

He’s only ever been supportive of you so when you’re not being supportive of yourself, he’ll take as much time needed to get the point through that you’ll do great in the future and be nothing but successful and happy

Hitoshi😈

At first, he only ever heard rumors about you

He’d hear things like ‘have you heard about that girl in 1-a?’ ‘Yeah! I heard she’s a freak!’ ‘She’ll definitely be a villain if she has the chance’ ‘what kind of hero has such a horrifying quirk?’

He shook it off as nothing much until he heard a comment that compared him to you

‘She’s even more like a villain that Shinso! And that’s saying a lot!’

It not only annoyed him that you were being talked about, but it made him more eager to meet you, just to see what everyone was talking about

On the day that they announced about the sports festival, he planned to tell class 1-a to give it their all because he’s determined to steal a spot in the hero course

Everyone else planned to swarm the room and scope out their competition

As he was monologging about how they should try their hardest, a kid behind him cut him off by yelling something about you

‘Hey look! It’s the weird freak girl!’

Everyone looked to you and you rolled your eyes and insisted you’re not a freak

After everyone had left, he stayed behind to apologize about everyone being like that to you and that he struggles with the same problem

You two bonded over that and I really like the word thus, so thus a friendship was born

When he realized he had a crush on you, it was after the sports festival when he was moved into class 1-a, taking Mineta’s spot (cause no one likes Mineta)

He found his eyes gradually finding their way to you during class and was more nervous around you

He beat himself up everyday for having these emotions because you’re his best friend and if you don’t feel the same, it could ruin everything

He got a odd burst of confidence one day and took it upon himself to ask you out

He doesn’t seem like a big cuddler but oooooooo is that false

He enjoys the idea of PDA

But like, he’s really chill about it

Some people don’t even know you’re dating because he’s so chill about it

He doesn’t do it to show you off or anything. He simply does it because he feels like showing he cares about you and isn’t scared to show it

If you’re not too big on it, he’ll do is best to restrain himself and do whatever you’re comfortable with

He doesn’t kiss you much more than a few pecks when you’re put in public but when you’re alone

Ooooh boy is the boy kiss starved

Depending on his mood or amount of energy, the kiss varies

It’ll be a lighthearted quick kiss if he’s feeling lazy or tired

If he’s angry it’ll be rough but yet still a little gentle

If he’s sad, it’s slow and long but will result in cuddling and sleeping

If he’s feeling neutral, it’ll be a pretty average kiss(?its hard to explain)

It’ll just be calm, relaxed, and passionate and probably end in a makeout session

He feels less on edge in the relationship because the base of it is trust and loyalty

You have to trust him and his quirk that he’s not going to use it against you unless you’re sparing in class or something

And even if your fighting in trainings, he feels like he’s breaking your trust by doing so

You enjoy combat with him because you absolutely refuse to use your quirk against him, therefore it helps you get better at physical fighting

After trainings you often find each other apologizing for fighting, even though that’s what you signed up to do, no matter who it’s against

Like Bakugo, he’s really anxious when you’re faced with villains because your quirk is so... dark- that they’d want you to work for them

He has faith that you’ll be okay, but it still gives him a panic attack when hears something about you and villain(s) in a one on one fight

Because of how everyone looks at you, you’re kinda depressed not the happiest person

He’ll gladly skip class if your having a crash of depression and take you to the dorms to relax and know everything’s okay

Sometimes you’ve been caught doing so but he completely takes the blame and insists you don’t get a punishment for it

He’s not easily jealous, mainly because most people know you’re together and people know his quirk so they’re kinda scared

But those who don’t will soon find out if them mess with you

He’s depressed not too happy, either, so he knows how to deal with that stuff

When you two are alone, it’s usually pretty quiet, him laying on yours or his bed with his head in your lap, you messing with his hair, mumbling things to each other

It’s just all around a really great way for you two to relax

Dabi💙 (has a quote that’s literally just the f word repeatedly)

You never really saw the point in being a hero

Sure there was fame and pride and all that dumb stuff

But you never understood why someone would want to help someone else

Why stop chaos when you can cause it?

Plus it’s way easier to go out of control and ignore the laws rather than enforce the law and be constantly nagged at for one mistake

You don’t do full time villain work yet, but rather watch from the sidelines and scoff whenever a hero showed up

Long story short, you heard something about the Leauge of Villains trying to recruit more people

You figured ‘why not?’ And decided you might as well give it a shot

It could be fun?

You were able to get a chance to meet with a man named Giran

Who was willing to take you to the league

He brought you to their main area, which was a simple bar

(Enjoy a little bit of dialogue that I say happened)

“Who do you have for me now, Giran?” (Shigaraki)

“A girl. She came to me herself.”

“How can we trust that? You idiot! She could be working for someone.”

“I don’t know. She seems pretty genuine.”

“Who are you?”

“Y/n y/l/n.”

“Quirk?” “Its called Panic. If I look at someone, I know their fears, then use it as a way of attack or pressure them into doing things for me, by giving them a panic attack.”

“Why would you want to work with us?”

“Killing people is way more fun than therapy.”

You were recruited into the League of Villains after a little bit of more questioning

You’d met everyone that was currently recruited and it was like a breath of fresh air around them... oddly

Blah blah blah, more villain leauge stuff blah blah blah

One day in particular stuck out to you, when you met Dabi and Toga

You were just sitting on the bar top, leaning against the wall by the TV with a soda in your hand up by your mouth, since you don’t drink liquor because here we don’t drink

You were just talking with Shigaraki and stuff when they walked in and you choked on your drink when you saw Dabi

Great first impression

Once you heard his voice you knew you were done for

Once his eyes landed on you, he gave you a small ‘wassup’ nod and you internally freaked out

Once they were recruited they introduced themselves to you and you returned the gesture

Long story short blah blah blah, you became best friends with Toga and close friends with Dabi

Once Dabi’s crush evolved, he wouldn’t hesitate to flirt with you and make you a blabbering, flustered mess

Shigaraki absolutely hated this, since he’s evolved a type of father-daughter relationship with you

Twice and Toga think it’s super cute while Kurogiri and Mr Compress think it’s ridiculous

Everyone else just ignores it until something actually happens

Once you actually started dating, you met his passionate, soft side

He’s big on PDA

Basically clinging to you 24/7 besides in fight/mission type things

But he does in nonchalantly

He’ll have you in his lap and kissing your cheek and neck during villain meetings but he’ll act completely subtle

Which makes everyone just completely look past it

He’s a huge tease

He’s constantly teasing you about whatever he can think of as long as it’s not too mean

He’ll tease you physically, as well

Letting his lips hover above yours, foreheads presses together, then once you lean, in he breaks character and puffs a big gust of air into your mouth, then laughs at you

Or rest his hand on your torso, slowly moving his hand to your waist, sending tingles through your body with his touch

To then stop right on your upper hip and then pushes himself off you and makes an excuse like he has dishes to do even though you’re in the bar and there isn’t any sink nor dishes

He admires your quirk more than almost anything

He thinks it’s the most beautiful thing in the world to watch

And thinks it’s the most hilarious thing to sit back, relax, and watch you horrify someone into practically shitting themselves

For revenge on him for all his teasing, you’ll scare him with your quirk every once in a while

He laughs it off after a quick scream, but internally, he’s cursing like never before

Seriously, his only thoughts are ‘Mother Fucker- fucking fucking shit- holy mother fucking shit what the fuck— who the fuck- where the fuck- when the fuck- why the fuck and how the fuck!?!’

The first time you did this to him, you’ll never forget because it was probably the funniest thing you’ve seen him do

He was just walking the closet in the morning for a shirt and you snuck into his apartment and put whatever he’s afraid of in his closet

And the boi just shrieked like a little girl.

It made you noticed by causing a loud wheeze to erupt from your throat from the kitchen

You still tease him about it and all he replies is ‘haha very funny’ and then goes silent, only causing more laughter

After you scare him a little too much, you apologize while laughing and pull him into a big hug

He secretly loves dropping his head in your lap and drifting to sleep with you running your hand through his hair

His kisses are either soft and slow to rough and passionate there’s really no in between

You get one or the other and that’s that

But you don’t complain about it

He has complete trust in you that you’ll be fine on missions

As a villain, they get back talked a lot, which is normal and something you should expect when walking into a villain carrier

But when he heard something about you

Oh boy is he defensive as crap

At one point you were mentioned on the news and they were saying bad things about you

And the whole squad was gathered around the tv and he just chucked his bottle at the tv, stabbing a hole through it

He had to replace the Tv cause it pissed off Shigaraki

Thank God he never really hears it in the moment on the streets or something because he probably would’ve killed a dozen+ people by now

He’s all around, a really affectionate, defensive and passionate guy

He’s a genuine sucker for you omg

20 notes · View notes

linabrigette · 5 years

Text

Tumultuous Crypto Market: Bitcoin Market Cap Finds YTD Low Under $100 Billion

After remaining stagnant at $6,400 for the better part of a season, Bitcoin (BTC) finally saw an awakening on Wednesday, as the now-1o-year-old crypto asset saw an influx of trading pressure. However, as many feared, this awakening, while powerful in its own right, wasn’t the one that many optimistic crypto investors were hoping for.

Instead of breaking above the well-cited $6,800 line of resistance, BTC fell, collapsing under $6,000, then $5,800, and finally at $5,700, where the asset is approximately situated at the time of writing. Now, for the first time in over a year, the market capitalization of BTC has fallen under the level of psychological support at $100 billion.

Seeing that this sell-side action came out of nowhere, surprising traders with their pants down, so to speak, consumers have sought to determine what catalysts sent bitcoin spiraling.

The Bitcoin Cash Hard Fork Catalyst(?)

After not covering the cryptosphere for weeks, CNBC’s Fast Money segment surprisingly brought on Brian Kelly and Meltem Demirors to discuss the potential factors behind crypto’s most recent downtrend.

Crypto melting down today and @BKBrianKelly takes to the charts to get to the root of what exactly happened. pic.twitter.com/O6bAZ0O4Nm

— CNBC’s Fast Money (@CNBCFastMoney) November 14, 2018

Kelly, who has been the topic of light controversy in the past, drew attention to the upcoming Bitcoin Cash contentious hard fork. The BKCM CEO, who dubbed the Bitcoin ABC and Bitcoin SV debacle “a crypto civil war,” attributed this market’s most recent decline to concerns that BTC and BCH markets, along with the networks they represent, will under-perform as the hard fork comes to pass.

Related Reading: BCH Fight: Bitcoin Cash Bashing Heats Up, Rivals Duke it Out Ahead of Hard Fork

Andy Bromberg, co-founder and president of CoinList, echoed Kelly’s comments on the looming hard fork, telling the Wall Street Journal:

“A single event, like a fork, can be a significant factor across wider crypto markets thanks to their relative immaturity… Large holders will often make trades across multiple coins, causing ripple effects beyond the asset that instigated the movement.”

However, discussing the potential Bitcoin Cash “catalyst,” Mati Greenspan, eToro’s in-house crypto savant, begged to differ. Commenting in response to Bloomberg’s piece on crypto’s sell-off on Wednesday, Greenspan pointed out that the hard fork catalyst is invalid, alluding to his thought process that the reasoning behind the catalyst is evidently flawed.

This sentence literally makes no sense…

“Some traders speculated that investors may be leaving Bitcoin to raise funds to buy Bitcoin Cash after it splits in anticipation that each of the new coins will appreciate.”

— Mati Greenspan (@MatiGreenspan) November 15, 2018

NewsBTC’s Joseph Young made a similar comment, noting that BCH actually under-performing BTC, rendering Bloomberg’s claim false.

Keeping this in mind, Charlie Hayter, the founder of London-based CryptoCompare, addressed Bitcoin’s most recent move lower with a bit more caution. More specifically, Hayter was hesitant to bring attention to a specific catalyst. Still, countering Crypto Rand’s recent call that the collective value of all crypto assets had broken out of a falling wedge, the CryptoCompare executive noted in a Reuters interview:

“What you are seeing… is a breakout on the downside. Sometimes when things happen, it takes a while for the true reason to become clear – an exchange trade or regulatory action.”

Related Reading: Prominent Analyst: Crypto Market is Undergoing a Clear Breakout

Barry Silbert, the show-runner at New York-based Digital Currency Group, simply chalked this recent rut to a round of “capitulation.” In the eyes of some analysts, a phase of capitulation could be seen as a perpetuation of the bear market, but, others have claimed that these strong sell-offs could signal that BTC has bottomed.

The bottom line is that everyone and their dog has different opinions about bitcoin’s recent move under $5,700, indicating that there were likely a number of stimuli, including the aforementioned, that beckoned the bears in.

Even Nouriel “Dr. Doom” Roubini, the now-infamous NYU Stern professor that bashes Bitcoin incessantly, had something to say about the market’s most recent collapse, doubling-down on his anti-crypto sentiment. In a controversial tweet, which came just a few hours after BTC moved under $6,000, Roubini noted:

“I could gloat about Bitcoin collapsing 10% in a day to $5700. But that is still some way to ZERO where Bitcoin belongs. Actually since Bitcoin is The Mother of All Toxic Pollutions & Environmental Disasters its true fair value is highly NEGATIVE with the right externality tax.”

Although Robuini’s aforementioned bashing of Bitcoin isn’t a welcome sight, many analysts and industry leaders have maintained that the world’s first blockchain is poised to succeed in the years to come. As reported by NewsBTC previously, industry players, like Tim Draper, Tom Lee, and Mike Novogratz, have expressed their overt opinion that bitcoin is likely to surmount its all-time high at $20,000 in due time.

Featured Image from Shutterstock

source: https://ift.tt/2qLAp1A

The post Tumultuous Crypto Market: Bitcoin Market Cap Finds YTD Low Under $100 Billion appeared first on BTC News Today.

from WordPress https://ift.tt/2zj5zlD via IFTTT

#Cryptocurrency news #Bitcoin news #btcoin price today

0 notes

cryptnus-blog · 5 years

Text

Tumultuous Crypto Market: Bitcoin Market Cap Finds YTD Low Under $100 Billion

New Post has been published on https://cryptnus.com/2018/11/tumultuous-crypto-market-bitcoin-market-cap-finds-ytd-low-under-100-billion/

Tumultuous Crypto Market: Bitcoin Market Cap Finds YTD Low Under $100 Billion

Seeing that this sell-side action came out of nowhere, surprising traders with their pants down, so to speak, consumers have sought to determine what catalysts sent bitcoin spiraling.

The Bitcoin Cash Hard Fork Catalyst(?)

Crypto melting down today and @BKBrianKelly takes to the charts to get to the root of what exactly happened. pic.twitter.com/O6bAZ0O4Nm

— CNBC’s Fast Money (@CNBCFastMoney) November 14, 2018

Related Reading: BCH Fight: Bitcoin Cash Bashing Heats Up, Rivals Duke it Out Ahead of Hard Fork

Andy Bromberg, co-founder and president of CoinList, echoed Kelly’s comments on the looming hard fork, telling the Wall Street Journal:

This sentence literally makes no sense…

“Some traders speculated that investors may be leaving Bitcoin to raise funds to buy Bitcoin Cash after it splits in anticipation that each of the new coins will appreciate.”

— Mati Greenspan (@MatiGreenspan) November 15, 2018

NewsBTC’s Joseph Young made a similar comment, noting that BCH actually under-performing BTC, rendering Bloomberg’s claim false.

“What you are seeing… is a breakout on the downside. Sometimes when things happen, it takes a while for the true reason to become clear – an exchange trade or regulatory action.”

Related Reading: Prominent Analyst: Crypto Market is Undergoing a Clear Breakout

Featured Image from Shutterstock

0 notes