I've just read some news about what happened today. It's been an Asian guy who bought a lot of BTC and triggered the longs of a lot of computers.
The trick is easy, and I think this is the way he did it,. It's just my idea of what happened:
1st: You buy a lot of altcoins some days / months before the big pump.
2nd: One day, you pump BTC if you have a lot of money and computers all over the world buy BTC and other altcoins.
3rd: Since altcoins follow BTC, they all pump with BTC and you earn a huge amount.
News source: www.kitco.com/news/2...een-as-catalyst.html
The trick is easy, and I think this is the way he did it,. It's just my idea of what happened:
1st: You buy a lot of altcoins some days / months before the big pump.
2nd: One day, you pump BTC if you have a lot of money and computers all over the world buy BTC and other altcoins.
3rd: Since altcoins follow BTC, they all pump with BTC and you earn a huge amount.
News source: www.kitco.com/news/2...een-as-catalyst.html
Comment:
More news related to the fake pump: thenextweb.com/hardf...5000-cryptocurrency/
Comment:
Comment:
The manipulation has taken effect among FOMOers.
It’s clear the guy who bought 20,000 BTC in a single trade knew the effect of his trade.
Even professional traders that have been in the market for many years are complaining about this fact on Twitter, Facebook, and the Internet.
It’s clear Bitcoin is a manipulated asset.
It’s clear the guy who bought 20,000 BTC in a single trade knew the effect of his trade.
Even professional traders that have been in the market for many years are complaining about this fact on Twitter, Facebook, and the Internet.
It’s clear Bitcoin is a manipulated asset.
Comment:
End of the trend.
