I believe the way Byteball was distributed had to do with both the pump and the dump of BTC.
Inflation is a push for prices, including cryptocurrencies' prices.
I read Mt. Gox is a reason too, but I believe the recent drop is due to Binance's hack.
After all thieves can profitably sell at any price, since they paid at or close to 0.
i cannot agree more with this article scandinavian!!!!... i always speak about cartels among my friends trying to explain my point of view in such things... yesterday evening i had a conversation with a friend of mine who is really disappointed about bitcoin price and crypto fall... i was trying to explain him the very own things your article speaks about ,struggling to avoid him from selling his crypto at this level...
... well-said!!!...i hope everybody reads this article!!...resteem definitely!!!
This was an excellent breakdown of the issue. I found the Article by Super Crypto fascinating and it must have taken some time to compile. I also wrote a post on it and my opinion is that this breakdown is correct.
We do not always see the hidden hand everywhere and people would tend to rather believe it is not true to feel at ease but a recent video just further confirmed their involvement in everything (not just the crypto, fiat or gold market)
Even JFK spoke about them how many years ago. Now they rage war, execute false flag operations and steel trillions under our noses and no one seems to give a damn. If you have time see my latest post on it.
Like your take on the matter man, it is always better to stay calm in a FUD fed world but also plan according to new info that becomes available. I will not sell my crypto even if the market goes to zero (which I think is impossible) because I know what the potential is of the underlying technology.
The problem comes in when people that don't understand the technology spend money on crypto which they cannot afford to lose. When the market falls in this situation, there is not a lot of people that would be able to make calculated, logical decisions. This is when emotion takes control.
I have been following it, and there is just WAY too much speculation about it by people who can only, at best, guess the "facts". I'm not saying it isn't true, I'm saying let's deal with what we know for sure and can observe. Otherwise it just degenerates to become another tinfoil hat internet conspiracy.
Here is what I posted as a reply to similar posts elsewhere:
There is most definitely market manipulation in crypto. You learn that in your first week of trading. It would only make sense that syndicates collude and assist each other in making money.
Exactly how far this goes/what size groups work together/if banks work with crypto whales or not/if banks are crypto whales or not/how much of the FUD spread by institutional money is purposefully to drop crypto prices/how co-ordinated the various attacks are is anyone's guess. Only the biggest of the crypto holders would know, and
I think that we see less and less of them as the market become bigger and bigger 2-3 years ago they had much stronger affect but now we see less and less from them
Very interesting to read. You write with great ability. I also got confused with bitcoin that has not improved as expected by many people including me. Many of my friends are selling their bitcoin out of annoyance. But I let or hold in hope the end of the year will get better again. ...
I will resteem soon!
The harder blows will come now that the market is small, when the market grows its influence will gradually lose power. But if we play their game by buying Ripple or similar, and succumbing to their ups and downs, then there will never be a bigger market.
Technically, market manipulation is proportionally difficult to the transactions volumes. Higher the volumes, more difficult to manipulate. If we assume there are some players manipulating the market, they can only gain when other players (plebs) follows their moves: buy with them, sell with them. So one way to shut them down is to trade against them. Buy when market dips (before they start buying) and sell on market peaks (before they start selling).
Mar 28
Crypto has got a trick: Bitcoin isn’t the only asset.
When alt coins are going to be paired with USD and no longer are affected by BTC price action I wich the “cartel” good luck in surpressing all crypto assets.
If you believe that there will be a one world order in the future. Then they will eventually have control of the medium, be it BTC or some new blockchain or hashgraph to come. But they will control the global currency. I wish u could be optimistic, but history shows me how bad guys areable to cause massive atrocities. They are bound to be repeated.
I believe the way Byteball was distributed had to do with both the pump and the dump of BTC.
Inflation is a push for prices, including cryptocurrencies' prices.
I read Mt. Gox is a reason too, but I believe the recent drop is due to Binance's hack.
After all thieves can profitably sell at any price, since they paid at or close to 0.
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i cannot agree more with this article scandinavian!!!!... i always speak about cartels among my friends trying to explain my point of view in such things... yesterday evening i had a conversation with a friend of mine who is really disappointed about bitcoin price and crypto fall... i was trying to explain him the very own things your article speaks about ,struggling to avoid him from selling his crypto at this level...
... well-said!!!...i hope everybody reads this article!!...resteem definitely!!!
Thanks man! Appreciate your comment and resteem.
thank you for post sharing...
Follow you blog and vote.
This was an excellent breakdown of the issue. I found the Article by Super Crypto fascinating and it must have taken some time to compile. I also wrote a post on it and my opinion is that this breakdown is correct.
We do not always see the hidden hand everywhere and people would tend to rather believe it is not true to feel at ease but a recent video just further confirmed their involvement in everything (not just the crypto, fiat or gold market)
Even JFK spoke about them how many years ago. Now they rage war, execute false flag operations and steel trillions under our noses and no one seems to give a damn. If you have time see my latest post on it.
Like your take on the matter man, it is always better to stay calm in a FUD fed world but also plan according to new info that becomes available. I will not sell my crypto even if the market goes to zero (which I think is impossible) because I know what the potential is of the underlying technology.
The problem comes in when people that don't understand the technology spend money on crypto which they cannot afford to lose. When the market falls in this situation, there is not a lot of people that would be able to make calculated, logical decisions. This is when emotion takes control.
I have been following it, and there is just WAY too much speculation about it by people who can only, at best, guess the "facts". I'm not saying it isn't true, I'm saying let's deal with what we know for sure and can observe. Otherwise it just degenerates to become another tinfoil hat internet conspiracy.
Here is what I posted as a reply to similar posts elsewhere:
There is most definitely market manipulation in crypto. You learn that in your first week of trading. It would only make sense that syndicates collude and assist each other in making money.
Exactly how far this goes/what size groups work together/if banks work with crypto whales or not/if banks are crypto whales or not/how much of the FUD spread by institutional money is purposefully to drop crypto prices/how co-ordinated the various attacks are is anyone's guess. Only the biggest of the crypto holders would know, and
For the record, I DO agree with the article, I have thought this way for a long time, it would be surprising if it didn't happen.
I think that we see less and less of them as the market become bigger and bigger 2-3 years ago they had much stronger affect but now we see less and less from them
hmm
So what do you suggest as the best option? How to proceed ?
Very interesting to read. You write with great ability. I also got confused with bitcoin that has not improved as expected by many people including me. Many of my friends are selling their bitcoin out of annoyance. But I let or hold in hope the end of the year will get better again. ...
I will resteem soon!
The harder blows will come now that the market is small, when the market grows its influence will gradually lose power. But if we play their game by buying Ripple or similar, and succumbing to their ups and downs, then there will never be a bigger market.
We must to find a way to track those cartel and get ride of them they making really bad name for cryptocurrency
Nothing we can do. Not possible. The only thing is to hold your cryptos and dont fall for their game.
Technically, market manipulation is proportionally difficult to the transactions volumes. Higher the volumes, more difficult to manipulate. If we assume there are some players manipulating the market, they can only gain when other players (plebs) follows their moves: buy with them, sell with them. So one way to shut them down is to trade against them. Buy when market dips (before they start buying) and sell on market peaks (before they start selling).
Mar 28
Crypto has got a trick: Bitcoin isn’t the only asset.
When alt coins are going to be paired with USD and no longer are affected by BTC price action I wich the “cartel” good luck in surpressing all crypto assets.
If you believe that there will be a one world order in the future. Then they will eventually have control of the medium, be it BTC or some new blockchain or hashgraph to come. But they will control the global currency. I wish u could be optimistic, but history shows me how bad guys areable to cause massive atrocities. They are bound to be repeated.