Or maybe everyone is bailing out because they know that "regulation" means help to the big banks to "manipulate" the cryptocurrency space... if it is not already them doing it now! Similar to all the other financial markets that they control.
Interesting he says: "Assuming that the likes of the SEC and FINRA begin clamping down on fraudulent trading practices, and assuming that these practices were vital to Bitcoin’s precipitous rise, then Bitcoin may very well struggle to climb as quickly in 2018 as it did in 2017. Not only will the parties responsible for manipulative trading be inclined to sell their ill-gotten gains and run, but an increasing number of people will fully realize that the cryptocurrency market is a hive of dubious activity."
It appears Mr Chandler either does not understand that it is the regulators and their cronies that are the biggest fraudsters in the world... or he is one of them? Will be interesting to see if the banks are already the manipulators, or if they are only just starting -needing their crony mates to help them try to take control of the crypto markets as well.
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- What really is Bitcoin? Who's buying stuff?
Or maybe everyone is bailing out because they know that...
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