crypto market completely off. chinese copy cat coin with no fundamentals mooning. ppc crap coin in top 10. btc barely doing anything.
penny stocks are a sane investment compared to this. no way fresh blood will enter this mess.
ofc no sane man will buy btc while core devs are doing nothing about blockchain issue with ddos, it obviously shows that btc's technology is still not ready for stable working unlike ltc, thats why market makers are having fun with their willy-bots on chinese exchanges pumping ltc not even considering touching btc, probably market makers are ddosing blockchain to get huge profits from ltc pump cos they really may start panic buys till even 20$ or even more if btc's ddos issue wont be resolved soon. but anyway - btc's price simply cannot move higher from current ~270 lvl due to: 1) ddos issue harming btc reputation; 2) greece hype is going to an end pretty soon; 3) btc is simply overbought and waiting for correction to 255$ atleast before any solid bullish attempt. ofc chinese idiots are trying to pump it a bit thats why we've been watching weird spikes on their shitty exchanges but without market makers permisson they will fail again and again until someone on stamp or finex starts to dump to end this pity attepmts from idiots. overall its really sad for btc, im mostly a bear but all this uncertainty with ddos and blockchain issue makes me sad, ive been expecting a dump to 100-150$ for a while but now even i dont want that scenario to happen because without fixing of ddos blockchain issue it might be the last nail into the coffin of btc.
btw, what if market makers have been accumulating ltc all this time till now by hilarios prices? just imagine such a crazy scheme: they've accumulated >50% of ltc over a year or so and now they just decide to fuck btc by ddosing blockchain. after that they just replace btc with ltc spreading news about huge technical issue of btc making its worthless and pointing at fighting developers to blame. just imagine how much money would they make with such scheme cos if btc devs wont fix this fucking problem ltc may be easily pumped to btc price levels.