The BTC dip was "planned" ?
Today I came across an interesting post on Twitter. Which in fact become quite an eye-opener to me.
How would you feel if knowing in advance about the coming dip in crypto markets?
Not only "when", but quite possibly even "How long" and "how deep"
{source: twitter. Click for full size}
I am a huge pro and supporter of crypto world. But with years passing, more and more I'm willing to believe, that it will take quite some time until I see it running as a true free market. Unregulated market
This possibly can only happen when we get to market cap at x50 or x100 from today's figures.
Or x200 ???
Agree? Disagree?
thanks for information on bitcoin crytocurrency world nice updates😊
If you look at some of the data, you will realize that the banks are behind it. As a community we need to stop reacting to FUD. Traders please don't day trade crytocurrencies, if you are going to trade swing trade. Save the day trading for stocks and forex markets, don't let the big banks gain the huge advantage over us that they have had for the last 100 years.
oh, thanks for this great video @duane.dos . Clear and detailed.
yup this video is very informative, and i think it's not the first time they've done this.
Though I agree with you, how can we compete against banks who (possibly) have massive stakes in cryptocurrencies? Once they decided to sell their assets, a massive change in market happens regardless if there are FUDs or not.
What was easy for them this time - can be a whole different story if the global crypto marketCAP is x200 TIMES larger.
Unfortunately, i do not think, that we will see it running as truly free market. Maybe it will be close enough to not see from outside, that it's not free, but there always will be people with deep enough pockets to play games of short-selling and buying back. That's just "making money". And, maybe, that's part of a free market. On other hand, much bigger problems may arise from government interventions. It is crazy to me, that right now central banks around the world are buying government bonds, etf's and God knows what else with "money" created from a thin air. Just to keep all these bubbles from popping. And that's "creating wealth" It's hard to imagine, that Japan's central bank owns 75% of Japan's ETF market (that equals to >5% of total Japan's stock market cap. I can't even start to imagine, what ECB, or FED has on their books... It's a crazy world we're living in...
Some do actually gets a buttload from both the downtrend & uptrend in this market,they are indeed pros !While some become victim of the dip & rise !
@onealfa - I believe this is planned Sir... Nice you decided to talk about it Sir...
+W+ Resteemed
I feel like the futures are heavily affecting the crypto market, we need a better pairing systemn
All we need is - to get rid of those damn banksters from this planet
Agree! This is a Russian roulette
Funny enough I had this thought, but no evidence. It is highly possible!
Side note: I saw your blog a while ago and forgot to follow. Just found you again! Following now :)
I think Steem is the closest to an "honest" blockchain I know of.
i knew that there are people who ar doing this
The crypto market is heavily manipulated since last christmas. And the market will go down further this month. Until February 20th when it might change in the other direction.