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blackpilled

05/23/21 9:41 PM

#2326 RE: StockPanzer #2325

defi looking good, brave browser allows access just starting this week to .crypto domains, which upsets all of tech. we are at 1994, be patient and stack. 1 eth equals about a whole gold coin is a fine place to be as this technology unfolds. NFTS seem silly until robust .crypto domains are untouchable by large tech accessible on everyone’s smart phone.
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xZx

05/23/21 9:53 PM

#2327 RE: StockPanzer #2325

people aren't believing the media hype, it's just that crypto is a lot easier to manipulate than most realize.

groups of whales load up on ETH shorts:

https://ftx.com/en/tokens/ETHBEAR

then they start the news fud, while groups dump into the bid and drive the price down.

they are so heavy into their short, those gains offset any cost of bid-whacking.

then when it's time to push it back up, the whales dip into that massive warchest of cash and buy their dip.

the icing on the cake is how easy it is for algorithms to influence price action. this began years ago in equities markets and now flourishes in an unregulated crypto space.

need to go back up? just push a few buttons. retail is more than happy to chase.