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RE: DAILY STEEM REPORT MAY, 24TH - STEEM 1.34$ + 908 New Accounts
Is someone trying to take control by a pump and dump? How many going short?
Is someone trying to take control by a pump and dump? How many going short?
I don't know what happend, but I guess that we have now some money from banks onboard. Maybe JP Morgen didn't only buy Zcash....
With the money the banks have, they could pump, dump, make money going short, and cause havoc, all without really effecting their balance sheets.
Agree, manipulating the market, what they always do....
Indeed, what better way to keep control?
Crypto is not regulated, so I guess there is no control, thats the whole idea about Crypto...
Sorry, I meant, how else do banks maintain their control of the finance markets, if they let the crypto's runaway? At some point even the mainstream would take notice if there was no manipulation. If however things crash, then a lot of people may go back to traditional institutions.