They now will be ripping us in some other way. [oda.krell corrects: that's not "they" vs "us"]
Market landscape have changed.
Bubbles are now will be totally different too.
We won't profit from bubbles anymore, we'll get ripped instead.
That's how much I've managed to get from post of oda.krell discussing posts of billyjoeallen.
But what exactly have changed, how exactly we'll be ripped and what all this mean I cannot figure out. Could anybody (maybe even oda.krell or billyjoeallen themselves) explain what do they mean by it? Below is the text that get me so frightened and confused.
larger number of better traders that took full advantage of the ability to short on the highest volume exchanges, something that didn't exist until 2014. As a result, the market landscape changed substantially.
...
Pre-BFX/OKC: rally time -> get on board everyone! -> bubble in the making, everyone profits
Post-BFX/OKC: rally time (or what looks like it) -> everyone gets on board -> savvy traders skim profits from the pigs
...
should anticipate this strategy and stop blindly following the unmotivated rallies until a "real" rally starts.