You are viewing a single comment's thread from:

RE: Crypto markets are seeing Red

in #crypto7 years ago

MYSTERY SOLVED. Mt. Gox trustee continues to dump large amounts of BTC on the open market. They claim they are trying to do it in a way which will not effect BTC prices - but I think that's complete B.S. This drop is simply a manipulation by big money to drive the price down, shake out weak hands, and buy it all back up at reduced prices.

I have a post about it on my blog, but will not be posting a link on another steemians more successful post - as that is bad SteemIt ettiquete. However, there's a good video there from Bix Weir and he gives an excellent report about what's going on.

This is a temporary situation. HODL for a while longer and we're all going to start seeing a massive rally, I believe.

Sort:  

Do you have a link?