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This is what a total obvious scam looks like....
ETH/CNY = $208 - $218
ETH/USD/KRW = $258 - $263
There's a $45 - $50 difference between every other currency and CNY.
Exchanges & wall street whales have pumped up the price with bots not allowing the prices to go down.
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>>3496142
are you not aware of what the chinese are dealing with right now
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>>3496142
This is a free market.
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THE CHINESE ARE LITERALLY STUCK WITH WHATEVER THEY STILL HAVE THE EXCHANGE. THEY CAN NO LONGER REIGN SHIT ON US WITH CNY/USD ARBITRAGE. THAT IS WHY THE PRICE IS DECREASING. THEY'RE ALL SELLING ON TOP OF EACH OTHER IN A BLOOD BATH THAT WE ARE NO LONGER CONNECTED TO AS OF 9.15
i know a lot of you wanted to buy a further dip but then well you should've been up at 5AM PST
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although it is kind of funny seeing them regulate themselves into oblivion as the USD/CNY exchange rate starts to go up
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>>3496162
this is a scam market where exchanges and whales (those who got in early) can manipulate the price anytime they desire
it's not a true market unless the price is dictated by real people buying & selling.. not bots
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>>3496190
Crypto needs to regulate how many of their coins are allowed by one person and only allow a certain number to be bought by each unique person.
That is the only way to create fairness.
Exchange employees & their bots have 200,000 ETH (+ it increases with all the trades on website)
Fat Whale and his automated bots has 100,000 ETH
Guy 2 has 10,000 ETH
Guy 3 has 1000 ETH
Guy 4 has 100 ETH
Guy 5 has 10 ETH
Guy 6 has 1 ETH
No matter what Guy 2-6 do... Fat Whale & Exchange employees have the upper hand and can manipulate the price/volume to make huge gains for themselves and cause all guys to lose. There is nothing the Guys can do besides basically hope for the best.
How is that a fair market? This is way worse than the stock market and insider trading.
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>>3496163
Believe it or not, this guy is 100% correct lol
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>>3496279
This is way worse than a casino because the exchanges don't lose money...they make millions a day taking trading fees.
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>>3496279
Fuck off, socialist.
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>>3496296
nobody cares. do you want the government to hack wallets and redistribute them
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>>3496651
>hack wallets
wallets aren't hackable
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>>3496163
I'm sure some smart ones can easily dump on us exchanges
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>>3496190
Yes, and my government is allowed to print USD out of thin air, making my retirement money worth less and less.
Thread posts: 14
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Thread images: 2