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RE: A different Bitfinex/Tether conspiracy theory
You certainly have a point but I don't fully agree. Those that controls the media can move the price (significantly) but not control it all the time. Also who controls the media nowadays? especially in crypto. If you have a popular twitter account you have some control/impact.
Also I think it is easier for small traders to make money in this environment, just swim in the whales wake and eat their leftovers. Small traders mostly get hurt when they get greedy, they see the juicy meal and try to get ahead of the whale, and many times they get gobbled.
That may be the best metaphor I ever thought of
Of course it is easier to make money in this environment..but also to lose money..All you can do is choose your strategy to fit whatever way the market moves..
It is certainly not the small fish with an active Twitter account who makes headlines..it's the whales...and now, Maybe Wall Street who wants to make money on their Bitcoin contacts..What I'm trying to say is money controls news, FUD and whatever..