Post
Topic
Board Altcoin Discussion
Re: All coins are now dying, what do you think?
by
cInfiniteBtcLetsShare
on 19/12/2017, 00:22:20 UTC
Cryptocurrency is not dying atm. The value of most coins/tokens is increasing HOWEVER

Be aware that a whale using volatility software/trading bots is active and they completely control the prices of all coins including BTC.

I have spent many hundreds of hours looking at this situation. The whale operates with tens of billions of dollars. The whale is invested atm. Where this is all going and how it will end is unknown. If the whale pulls out at some point then the price of all coins will.... You can best see the bot in action on coincap.io . Look at the major coins to best see the bot in action. Focus on the price of a coin and see how the value of coin constantly bounces between 2 values and sometimes 3 values. This is the bot in action. Most of the daily trading volumes are not organic but are from the whale/bot

This Bitcointalk  forum thread below explains the whales actions to a tee.