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RE: The mystery of the $13 ETH - My theory about what happened on Coinbase/GDAX today

in #ethereum7 years ago

flash crashes are a common method used on the manipulated stock exchanges worldwide,it wouldn't surprise me in the least if what your saying is true, sell off high, then buy back minutes later making a fortune, but it is the little man who suffers...... ring any bells !!!!

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The big boys are entering the game.

Yes. It does worry me in general how volatile the market is and how easily manipulated it can be. It is also magnified because a lot of people are investing out of greed without really understanding what Ethereum is or how the technology can be used. These same people are the ones who are most likely to scurry away as soon as they fear the market will crash.

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