Bitcoin Crash Exposed: Grifters and the Great Sell-off

Ross Gerber, the man who signs the checks at Gerber Kawasaki Wealth and Investment Management, stands by his desk like a weathered farmer, pointing a steady finger at a sly fever called internal grift that has gnawed the cycle to bone and left the market leaning like a tired mule on a long road home.

He argues the Bitcoin downturn wasn’t a dash of fate so much as a flood-speculative, scammy schemes that siphoned coin from sturdy assets, burned the little folks, and knocked the wind clean out of the market’s sails.

The ‘grifter’ cycle theory

In Gerber’s telling, this crash follows a dusty, familiar road. When the price of the king coin climbs, slick fellows with bright smiles and brighter hopes crowd in beside it, hoping to pick the fruit while the tree is heavy with it.

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“The crooks come in with scam/shit coins and burn everyone,” Gerber wrote.

He argues that the parade of low-utility, high-hype tokens acted as a parasite on the ecosystem, clinging to the vine and draining its strength.

Instead of capital lingering in Bitcoin and feeding the root, it wandered off into these speculative byways, turning the road into a pothole where the wheels could not quite find traction.

There were “no new catalysts” to push the market higher once these blossoms withered, and the heat went out of the engines.

“Now there is no new catalysts. Just bag holders,” Gerber noted. “Selling begets more selling due to leveraged idiots.”

A buying opportunity for ‘adults’

Even as he casts stones at the market’s miscreants, Gerber remains a Bitcoin bull with a stubborn, patient smile.

His firm, Gerber Kawasaki, holds Bitcoin alongside its top equity positions, such as Nvidia (NVDA), and views Bitcoin not as a carnival of coins but as a legitimate asset class-distinct from the “crypto casino.”

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2026-02-08 14:30