This whole thing is beginning to feel weird to me. Why do all altcoins go down at the same time like they are all connected. Are they connected? It feels like someone is continuously hacking cryptos, I mean who are those selling at these low prices? I expect people to be buying not selling now... I actually wrote a post last month claiming that the bull market had started, but apparently not... these markets are so unpredictable like I would have never guessed steem price would be at 0.80 cents like who is selling at this price?
Good questions.
could be market manipulation, people shorting on margin. I don’t fully understand the dynamics of how that would work, but it’s make sense...@dana-edwards has posed the idea that it
Looks like everything is getting shorted...less than 1% of the market takes an indifferent position when the whole market is in a bear period.
Rather fucked, isn’t it. Doesn’t exactly reflect the core free market principles.