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RE: Call Me a Fool but I am Taking 50% of My Crypto Currency Profits and Exchanging for Dollars.

in #cryptocurrency8 years ago

Yep. We've now got major banks (fake money) moving into crypto, and we know those banks want to buy their way with things like pushing segwit and Ethereum. Of course, we can't know whether or not they're manipulating the price, but remember that for them, a few billion dollars of money printed out of thin air to manipulate crypto prices is literally free, and absolutely fits their MO (central banks manipulating markets with inflation? Must be a day that ends with Y...). It's definitely worth being suspicious, and definitely watch out for punishments if things don't go well for segwit or Ethereum, rewards if they do (which might be what we're looking at now).