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RE: These Are The 6 Traders Who Were Just Arrested For Manipulating The Gold Market
This kind of crap is the reason why people should buy private cryptocurrencies, right?
You'd have to be a moron to buy something when its price was being manipulated. Since the price of everything except gold has been going up, would we be correct to assume the manipulation was downward? Why would I ever buy something like that?
Whatever the case, those HODLers of bitcoin are looking smarter and smarter every day. I'm told by lots of people 18-34 years old that this kind of stuff just doesn't happen with cryptocurrencies. The 18-23 year olds seem particularlly adamant. They're either right or acting more like kids than adults.
@zer0hedge
Just wait for Traders with the same ethics as these twats try to manipulate cryptos. Its not a matter of if it will happen, it already does. Pump and dumps happen regularly.
Yeah you r right.
Much smaller market so a lot easier to do.
The Gold market is 10 times that of the entire crypto world...and they were able to manipulate that. Imagine what they will be able to do with ETH or LTC.