The exchange criminals and their games for fulls
There are no fundamentals for any jump back, since we are in a bearish market, where Korea put taxes and tracking of all dealls. India stopped two weeks ago all transfers of fiat to and from exchanges (why don`t you comment on that?), USA starts taxation state by state, Europe about to regulate and probably some countries to ban completely the transfers to crypto. Only Japan is still in liberal. Until what time?
You see, exchanges were deffending the price of ETH on the levels of 1100, 1000, until they can drain some more fiat cash from you. They are doing in again with wash trade orders now, just to protect the 900. Just for less than 5 minutes the price rose from 900 to 940. How do you think it can happen? Day traders?:)
If you are wise enough you will be not part of the riski game unless you have proper software to do it with date trade. For a day trade, you need a lot of cash to risk. Still I believe that some people from Bitfinex will be handcuffed. Hope so for Binance. They are part of it as well. The case is still evolving. If the Bitfinex is down, and appears that BTC, ETH and NEO were pumped with USDT, than...you know...
You see, exchanges were deffending the price of ETH on the levels of 1100, 1000, until they can drain some more fiat cash from you. They are doing in again with wash trade orders now, just to protect the 900. Just for less than 5 minutes the price rose from 900 to 940. How do you think it can happen? Day traders?:)
If you are wise enough you will be not part of the riski game unless you have proper software to do it with date trade. For a day trade, you need a lot of cash to risk. Still I believe that some people from Bitfinex will be handcuffed. Hope so for Binance. They are part of it as well. The case is still evolving. If the Bitfinex is down, and appears that BTC, ETH and NEO were pumped with USDT, than...you know...
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Actually, with what pairs do you think they lift the price up? with EUR, USD, YEN? Apparently not! USDT!!!!!!!!!!!!!!!!! They will squeze this thing until everything blow.