Jonathon Ryan has egg on his face this morning after claiming in a tweet two years ago that the big hedge funds and banks mass adoption of cryptocurrency will make Bitcoin go to the moon and hit the million mark.
Instead the same companies that he had tweeted about just wiped a couple of trillion dollars off the cryptocurrency market in a couple of days, halved the price of Bitcoin and nearly wiped out a couple of well known stable coins by alleged fraudulent buying and selling patterns.
"I can't believe it", said Jonathon.
"These reputable banks, hedge funds and asset management companies were meant come in and push Bitcoin above the 100k mark and beyond."
"Instead just two companies managed to crash the whole market with some commentators stating that it will take at least 3 years to get back to the levels seen in 2022 and this is a big IF."
Jonathon's girlfriend Kate, who works in a bank herself, was sick of him constantly calling her company a shower of vultures, vampires and frauds who were money grabbing so and so's.
Jonathon who left school at 16, thought there needed to be change in the world banking system so we could cut out the middle man and cryptocurrency was the answer.
"He used to slag me off about it but he was speaking from both sides of his mouth as well."
"We are vultures and vampires and frauds one minute and he wanted to close his current account for more privacy."
"The next minute my company are getting involved in crypto and we are the saviours that will push Bitcoin to 6 figures."
"I wish he would make up his bloody mind."
"He isn't complaining about where I get my money when I'm giving him a few pound because he is broke all the time!!"
Jonathon who has put his whole savings into cryptocurrency is currently down about 50 grand in a day making his wallet now worth about 3K.
"I thought when the big hedge funds and banks came in then they would act appropriately."
"I trusted them!!"
"These are the big institutions we wanted here."
"Now that they are here they are acting like the rest of the cowboys"
Meanwhile over in the murky financial district dripping in gold......
"Well the crypto Twitter brigade wanted us to invest so we invested," said leading market trader Hans Van Gruggelbottom.
"And when we have the funds to crash an unregulated market so we can buy Bitcoin cheaper and for some reason people are surprised and there is uproar."
"We are experts at this remember."
"We are not some spotty teenager at home in his room looking at three monitors just for show."
"This is our living."
"We are good at this."
"Be careful what you wish for!!" said Hans on his 2nd cigar.
Jonathon who started crypto trading in 2017 has been through 150 crashes since he first traded is feeling a bit downbeat at the moment.
"I should be a millionaire by now."
"I haven't purchased a stitch of clothing for 5 years now because all my spare dosh is buying the next big coin"
"But just as it is about to moon, something crashes and I end up having less than what I have started with."
"Everyone says now is the time to buy and but if you are broke and you don't have any savings then I am not so sure."
"It's just like horse racing" claimed an addicted gambler.
"I look up a horse, study the form, see what position it comes, know who owns the horse, know who trains it, check the horses stool to see if it's healthy, then I back it and it comes nowhere"
"But the donkey next to him wins and the horse trainer and his team win big."
"You have to be in the inner circle to really know what is happening."
"And the same applies to crypto."
"The rich get richer."
"And wasn't that the whole problem with the banking system in the first place??"
"Now the rich get richer but there are no rules and regulations!!"
"HAHAHAHAHA."
"Sure isn't that ten times worse??"
"I am waiting for the bounce," said Jonathon while he stares at his laptop.
"Any day now."
Roll on 2025!!! Woooooo