Post
Topic
Board Speculation
Re: Lose all your capital fast, with MatTheCat and his TA 101A!
by
r0ach
on 04/07/2016, 22:48:34 UTC
bitcoin is very manipulated because its a small market.

alot of coins in a small number of hands.  

thats a dynamic that is very bad for individual traders or small investors since you can be easily cleaned out by whales.

with gold or more general forex its not the same dynamic, more of a balanced market (although still heavily manipulated), so you probably have a better chance

Not really.  I think I read 50% of gold is owned by central banks and 50% private.  No idea if that number was right, but I don't think Chinese miners own very many coins and most of it is in individual's hands.  Central banks and the JP Morg naked shorts are probably more dangerous than any Bitcoin whales.