Quote from: Bobby park on December 23, 2017, 07:07:52 AM

Quote from: Minerdude8 on December 23, 2017, 06:55:23 AM

I just looked at the graphs of litecoin, bitcoin, bitcoin cash and ethereum at coinbase and they all started a downward spiral at the same time (07:44 am Florida time) and the reached a bottom at 9:16 am. I have never seen anything like this before. Was there any new information around this time or is this just some manipulating all four at the same time with their bots?

This is kind of shocking.

It just explain that not only bitcoin crashed during Christmas season. We expect also that all market price are volatile. Maybe there are whales that sell out this week. I think there is no also bots who controlled this four but the investors decided the price of these four cryptocurrency. It is unnatural to see that they are crashing down simultaneously but I know they will recover someday.

It seems to me that the market might be owned by a few people with some advanced bots that can control the market price. That is a dangerous and an inefficient market.

Minerdude8

Posts

Merits