Any solid evidence that it is not? Are you a banker? Just curious. Either you are likely involved, or you don't get it yet. Sorry for the frankness. When you have been investing as long and as successfully as I have, the footprint is obvious to you. Do you really believe that virtually every investor, in every decentralized coin especially, decided to sell aggressively today? If you do, then I can't help you.
RE: Is this a coordinated takedown of the cryptocurrency space?
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Is this a coordinated takedown of the cryptocurrency space?
So, paranoid conjecture it is then...lol. The stock market has had numerous crashes over the years, with most or all stocks going down in one day. This isn't a conspiracy either. We're just spoiled because the crypto market has been going up so much. A correction must be a conspiracy? Give me a break. It may be or it may not be but you need more compelling evidence than "I can see the footprint".
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If you notice, I put a question in the title. I am certain it is, but "ignorance is bliss" and you are welcome to live your life in that manner. I on the other hand, and those who understand how this world works and how the current system is thoroughly manipulated will just back up the truck and buy at all these great opportunities that are provided for us by the manipulators. In the end, they will definitely lose this battle because they don't own the printing press, which their lives depend upon, to these decentralized coins.
Curios how the bank backed cryptos are the least affected. Except for ether and that's because Microsoft and other powerful entities are in the process of acquiring as much as they can.
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XRP is down a lot since yesterday so I'm not sure what banker cryptos you are referring to that aren't being impacted. Look, I am all for buying on the down swings. I will be picking up some things on the cheap as well. I don't fear the downturns. All I asked was if you have any solid evidence of conspiracy. And you just don't. No need to get all angry about it.
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You were the one that attacked my post that began with a question. I just get frustrated with people who don't understand to what lengths those in power will go to ratain that power and have far less experience and knowledge about it than I do. I have been watching it for decades now. When you have been doing this as long as I have and have heard and seen the things that I have, things are clearer. One day you will understand how blinded you were during this period in time if you actually believe that there is no manipulation going on today.
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I didn't say what I believe because I don't have any evidence either way. And I didn't attack your post I just asked if you had any solid evidence to support it. Doesn't mean you can't post the article or that I disagree with it. Just wanted to be clear if there was anything other than paranoid conjecture to support it. I'd like to see that evidence. That's all, I'm done here. Best of luck to you with your investments!
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Thank you. But I don't need luck. I have been a VERY successful investor for nearly 30 years now, FAR outpacing the DOW every one of those years except for three. I wish YOU luck. And I don't see how you don't consider calling my post "paranoid conjecture.. lol," and "give me a break," not attacking my post.
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I apologize for that. I did not intend it as an attack but I can certainly see how it came off that way. I guess I was a little put off about being accused of being a "banker" and I let my anger get the better of me. I will be more careful with my wording in the future, thank you for letting me know. Seriously, no hard feelings I hope.
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Of course not. No hard feelings at all. Isn't it sad that being called a banker somehow carries a negative connotation to it now. When I was growing up, they were highly respected, almost revered, individuals. That just shows how far the industry has fallen. Too many people have begun to realize that at some point along the way, the industry went from being the wonderful, helpful, service oriented institution that allowed a young family to buy a home, a car, and truly always had the "customer first" approach to a "masters of the universe" attitude. They are so big and powerful that they control the Fed (which is not part of the government buy simply a consortium of all the biggest banks in the country) who has a printing press. They use that printing press to influence everything in our world today. It's sad. And, they do this with 95% of the population completely unaware. Almost nobody knows this, but the Fed operates a HUGE stock, precious metal, and now surely crytocurrency trading institution. This is where thy manipulate everything financial related from.
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