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wall streeters are liars, opinionated and biased bunch, if there was any manipulation in unregulated crypto markets because they were nascent shouldn't surprise
by whoisninja 8y ago
wall streeters are liars, opinionated and biased bunch, if there was any manipulation in unregulated crypto markets because they were nascent shouldn't surprise you, why? ponder upon the following:
home prices were not artificially inflated during 2008 crisis
usd or other fiat currencies are not artificially inflated (hint: negative interest rates)
stock buybacks are not artificially inflating stock prices
negative interest rates and bond buyback programs are not inflating economies
hedge funds are not inflated, they just market themselves with buzz words like quant investing, alpha etc. yet most of them can't beat S&P and charge 2-20
business of banks are not inflated, they use 50 year old technology like mainframes and are overstaffed and charge $50 to wire $10 internationally
tech companies are not inflated, they sell your freaking data and sell you ads so that you can buy $hit you don't need
---- where there are humans involved, there will be greed