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RE: What is going on here on a deeper level? Quality Cryptomarkets Redditpost
Those who got in early profited. Unfortunately the market is timed by the whales to cause a shakeout and not everybody wins (those who didn't take profits and latecomers). I think those with a sufficient knowledge of finance and tech will make it thru this market.
Yeah and to make it all worse I don't like the trading of ETFs on Bitcoin, its a nice way to hedge market manipulation; I am not convinced the SEC couldn't be bought in order to hinder crypto-markets. Crypto threatens that entire system.
SEC, Government, JSE/NASDEQ, Banking