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Captain_Walker
Jun 30, 2018 11:15 AM

Bitcoin - gamblers beware! 

Bitcoin / U.S. dollarBitstamp

Description

There has been serious price movement overnight. The gamblers out there shall be placing bets in the 'casino'. Sorry, it's not for me.

As far as my analysis goes, BTCUSD is still pushing heavily south. In a previous video I warned about BTC having a
.

I'm not telling people not to trade this. I'm saying that this is dangerous - if one joins a bandwagon of hopefuls.

Comment

This is trouble.

Comments
tradewizz
Manipulation at its greatest. The game goes like this: Pump altcoins so everyone starts fomo buying them which increased BTC price as it's the gateway to crypto. Dump alts for BTC once they are pumped to their limits, then sell the acquired BTC for cash thereby decreasing BTC price and dumping further alts. Repeat the cycle. That's literally what it is. Pump and dump. No substance.
Captain_Walker
@tradewizz, Absolutely! Lots of new traders are gonna lose lots of money on this pump and dump game. 'Everybody' is gagging for a bit of the action, except me of course. FOMO rules the greedy and hopeful. The big boys are gonna take their money. Watch for it.
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