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November 27, 2013, 08:55:31 PM |
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I haven't logged onto the internet in days, and just looked at the cryptocurrency charts.
In my 30 years as an investor. This is the worst Manipulation I have ever seen in any market in my entire career (reminisce of the dot.com mania)
$100-$400 Dollar swings in the matter of minutes. Wow, alot of you people are going to get burned bad.
Cryptocurrency may have a future once its regulated , and markets are more stable, but alot of you will lose money in the meantime before the government puts there claws into it.
These wild swings are an obvious sign that something is controlling it for profit.
Whos not to say the EXCHANGES are hoarding the majority of the coins, and when the price gets high, they dumpem at a huge profit, and knock the price back down. Rebuy them at a lower price (wash, rinse, repeat).
Those wild huge dumps, its a Big Red Flag of thats whats happening .
And when no more suckers are buyng coins at these premium prices, they will dump a tsunami of coins on the market and bring it back down to double digits again.
ONLY THEN, Will everbody be crying "It was in a bubble stupid"
And once you greedy people Finished Getting Burned, losing alot of money, and complaining about it. Only then will you wake up to reality.
That will be the REASON for government to step-in, regulate it, and control your New World Order currency.
Thats why BTC was released anynomously. So they (Gov.) could easily step in and take over it.
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