Cryptocurrency Markets Are Rigged
ALL MARKETS ARE NOW RIGGED.
Let me repeat that for you, all markets are now rigged. Equities, bonds, it doesn't matter. Even physical metals are rigged through the derivatives.
Until recently the crypto markets have represented something which has never existed in the modern world, a market which trades solely on supply and demand. Take for example the following charts taken today. Notice how closely both Ethereum and Ripple trade patterns mimic one another. These charts are taken today.
Their variance of trade is less than 2% from one another.
THIS IS AN IMPOSSIBILITY.
Its the trading bots. The bots watch the bitcoin moves causing some correlation. The human traders are the ones that break the correlations.
It is very possible but there is more evidence of manipulation. Stay tuned. I will post some charts if I have time tomorrow.
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STOPThank you very much.