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RE: I No Longer Fear Bitcoin Dips On Saturday.....BTC Is Just Drunk As Usual
the crypto markets are just as manipulated as everything else, they just cant ever keep it down. the alt coins are wild, but btc and ltc is being keep lower at the moment. its not time for them to explode totaly before the markets do, and that wont be before btc gets segwit, and can be used on a larger scal
There will always be a little manipulation in most markets, those who can play bigger hands will always put those dents in the market...sometimes even without meaning to. But there is coming a stabilizing force soon in a project called Omega One...actually just wrote about that the other day. This thing is a platform to create a more spread even play on sell offs, one that will time sells a bit more evenly so it won't create such volatility. Reason we have that right now going on or like the FLASH CRASH we seen on Eth this week is due to a little less professional setup in our current exchanges. Fiat exchanges have these kind of setups that are decades old, rules and regulations and major inside trading keep those markets looking good when they really aren't. Omega One is a decentralized version of a fix, after looking into it I kind of have a bit more hope we may get an environment to change the game a little better, well as long as they can pull off their claims lol. All in all, BTC is never done. Just glad its not like it was when I first started, back then you may have a downtrend that could take half a year to recover, its a blessing right now the way it bounces back due to more traders