I think most of us would admit something rather strange is happening across the crypto community in regards to massive fluctuations. This is Tuesday morning in central US time zone. I took a look early this morning and noticed an interesting pattern. During the night, about 1:30a.m. ish US central time, something hit BTC, ETH, and even litecoin. There's showing up a double dip within what looks to be a couple of hours in the charts.
This concerns me because now I'm beginning to wonder if major 'powers that be' have found a way to exploit this crypto system as they have for the precious metals and stock markets. It's well known that major market manipulation takes place within the metals, heck the whole system, to keep real assets suppressed. Unfortunately this has gone on for some say over a century. Needless to say I expect it to continue being manipulated into insanity land like it is being. While crypto may not be a hard physical asset, it IS an asset that can be exchanged for such, think silver, real estate etc. Perhaps what one can do is simply be aware and "don't drink the kool-aid". I like to think of it as every silver ounce I buy, I'm wringing the neck of some manipulative authority (insert your favorite name here).
Just something to raise the eyebrow this morning. What say you?
thanks Wil, following
I've definitely noticed some weird patterns like that myself over the past few days. Strange price spikes that suddenly drop off in the middle of the night. I've been attempting to time my transactions around these spikes which I assume is what others are doing as well, which could actually be reinforcing this pattern.
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Very good work dear friend @wilsilver you have a lot of reason in what you plan in this post, you have to be very careful where you put the investment the market is much more fruitful than before, the bitcon points to reach the u $ s 3000 being there Collapses to the $ 2500, thank you very much for this information