BTC ...The Killing Machine for ALTS

in bitcoin •  7 years ago 

BTC ...The Killing Machine for ALTS

While there has been no evidence of a coordinated strike at the Bitcoin price from these Whales so far, there is danger entering the waters as of this week.

The arrivals of Future trading through the CME and CBOE has allowed a different breed of Bitcoin investor to enter the market, a type that can dwarf many of the current Bitcoin Whales. These Wall Street-types can now with protection be a part of the Bitcoin wild ride, but can they also manipulate it? The manipulation that would be seen by the future traders is also different as, for the first time, there is a reason to be a shark; a killer whale; and drive the price down in order to profit.

Source and Full Story: https://cointelegraph.com/news/whales-and-killer-whales-bitcoins-big-money-movers

For more Update a head at @rajag234

bitcoin cryptocurrency btctrading btc
7 years ago by

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      ·  7 years ago 

    Just means set some low buy orders so if it spike crashes you get some Bitcoin for the low low before it rebounds.

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    2 votes
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      ·  7 years ago 

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        ·  7 years ago 

      yea agree

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        [-]
          ·  7 years ago 

        Bitcoin too must develop and evolve... Futures trading, is part of bitcoin's evolution... Lets see what mutations will come out of it?

        Your post has been resteemed to my 2800 followers

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        2 votes
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          ·  7 years ago 

        how do i use this?

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          [-]
            ·  7 years ago 

          I Agree, I think everyone should be on alert, the Banksters are here!

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            [-]
              ·  7 years ago 

            Yea right

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                ·  7 years ago 

              Can you tell me about the above "Power Resteem Service? BTW, VTC is halving today, good coin in my opinion.

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                  ·  7 years ago 

                Dont know abt power resteem service

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                  [-]
                    ·  7 years ago 

                  Oh, I thought it was you I had to thank for that. :)

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                    [-]
                      ·  7 years ago 

                    Considering about 40% of BTC is owned by maybe 1000 people most of which know each other, yes this is absolutely a possibility. At the same time, these whales could end up pumping an few alt coins as a side effect.

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                      [-]
                        ·  7 years ago 

                      yea right

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                          ·  7 years ago 

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                          [-]
                            ·  7 years ago 

                          you got up voted for $1.58 at 22% by @hamza-arshad

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