Post
Topic
Board Altcoin Discussion
Re: The Truth about CryptoCurrency
by
AmarO
on 24/05/2017, 19:56:35 UTC


But, if the wales stop their pump (manipulation) the prices will NOT be stable. Instead they will come crashing down as people get out of their positions. This is inevitable in the near future. Be careful everyone.




Yeah you're right, they're going to milk it as long as possible. If they got out and a coin started running downhill there would be noone to stabilize it but now they put big buy walls to reassure people to keep their coins. Then they push it back up. You see it with XRP the past day went down low then sellers panicked with huge sells then Whales set a 150 BTC buy wall that almost broke and another one behind it. Without those huge buy walls to relax the market it could just tumble right down with a panic effect.