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Bitcoin is massively, overwhelmingly manipulated by a very small number of actors. The price is a complete fantasy, and exists mostly to transfer money from new
by user-the-name 5y ago
Bitcoin is massively, overwhelmingly manipulated by a very small number of actors. The price is a complete fantasy, and exists mostly to transfer money from new investors to those manipulators, and bitcoin miners.
There is a lot of money going in. There will not be a lot of money coming out. The money is gone.
- drunkpotato 5y agoSeems that people don’t like it when you point out the con!
- jkepler 5y agoWould you mind documenting this claim, please?
- user-the-name 5y agoThere is, of course, no simple guide you can follow to learn all about it, that's kind of the point of scams. You have to keep your ear to the ground and follow what's going on. But, https://archive.md/DfAwG https://archive.md/DfAwG is a pretty good hint among many. And certainly look at what's going on with Tether.