Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: Sachinist on December 07, 2017, 01:33:58 AM



Title: Bitcoin bubble - need for market regulation
Post by: Sachinist on December 07, 2017, 01:33:58 AM
Isn't it awesome that bitcoin is close to $15k? Yaay!

6 months ago, it was $1k. Overall crypto market cap doubled in just last 2 weeks. Where did all this fiat money come from in such a short time? Truth is nowhere. The massively inflated values come from market manipulation.

Don't listen to me. Go and verify why so much volume for bitcoin right now is coming from KRW pair? Bitfinex continuously manipulates the direction of market with tether, most of the time over 1 billion volume of tether.

Bitcoin needs a blockchain solution for market regulation before these manipulators destroy it through exploitation.

Lest we forget - http://money.cnn.com/2000/11/09/technology/overview/ (http://money.cnn.com/2000/11/09/technology/overview/)