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Title: Attack On Crypto Currencies – Market Manipulation By Banks/Governments Post by: cryptocoinmkt.com on December 09, 2013, 06:30:07 PM http://www.moneyaccumulator.com/1610/attack-on-crypto-currencies-market-manipulation-by-banksgovernments/ Comparison of what happened to the violent downward movement in price we saw over the weekend for Bitcoins and all Alt-crypto currencies. People in the finance industrial well know, that HFT supercomputers can manipulate price with flooding buy/sell orders in split seconds. Maybe, the banks and governments have already adapted the technology to Bitcoin and Crypto coin exchanges. If they want to scare people out of crypto coins , fear is probably the best motivator. Hmmmmmm............... Title: Re: Attack On Crypto Currencies – Market Manipulation By Banks/Governments Post by: Oldminer on December 09, 2013, 06:37:47 PM Quote The big Banks and Governments will use fear and human psychology to scare people away from crypto currencies, they will make it so volatile that most people (non-traders) cannot handle it. Crypto-currency has always been volatile Title: Re: Attack On Crypto Currencies – Market Manipulation By Banks/Governments Post by: cryptocoinmkt.com on December 09, 2013, 07:13:19 PM Quote The big Banks and Governments will use fear and human psychology to scare people away from crypto currencies, they will make it so volatile that most people (non-traders) cannot handle it. Crypto-currency has always been volatile Good point. I guess the human psychology of greed and fear will operate with or without HFT (high frequency trading), but manipulation might help push the fear or greed a notch further. Crypto-currency markets though are never dull though. :) Wild swings. |