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> That’s a FAAAAAAAAAAR more speculative asset than crypto and yet it still trades at higher volume than crypto does. The difference is that most volume in cry
by arcticbull 4y ago
> That’s a FAAAAAAAAAAR more speculative asset than crypto and yet it still trades at higher volume than crypto does.
The difference is that most volume in crypto is fake, and the price is controlled by a small cartel of exchange owners and an $82B Bahamian counterfeiting operation whose 'bank' is run by the creator of Inspector Gadget. That's the risk that's not disclosed.
- robopsychology 4y agoIf the price is controlled why does it drop so much?
- arcticbull 4y agoIf you're the house, then you profit when you know where it's going. The bigger the move, the more profit you can make.
- piva00 4y agoThose in the cartel need exit liquidity sometimes. It's manipulated, not 100% controlled.
- deleted 4y ago[deleted]