/biz/ - Business & Finance

>>20749055
>inb4 SXP is back above 2$

Based Dubai whales, please just give us some pre-pump, like 2x/3x would do for starters

>Honk

Hi anon, are you me?

So in spite of today's dip, events of recent days and final dip of 18th of March, I came to some realizations and came up with some questions about current state of things and how I perceive it. Please do criticize me and point my wrongs.

1. Now that we have futures, it seems that major cryptocurrencies are totally manipulated. So what happened during 18th's dip, was that huge buys were made and those are and will be sold at certain price, likely high price of end of the month futures (http://www.cmegroup.com/trading/equity-index/us-index/bitcoin.html)), to prevent/limit bigger growth. Likely with high liquidity coins, such as ADA, XLM and XRP: shitloads is bought during a dip on interest, and then it slowly gets distributed until profits are made dumping on those buying premium price. And those doing that even profit from price decreasing, further forcing it to go down through shorting.

2. Crypto is pretty much dumping something bought cheaper, for more. "Buy low, sell high", so truthful, UNTIL institutional money starts coming in, but then that would mean decrease of profits for THEM, as blockchain is cheaper and some costs are no longer neccessary, making procedures more efficient, thus cutting income.

3. In order for all this to keep rising, more people have to get involved. So money has to be flowing in, otherwise it stagnates and eventually bleeds. So we're building a pyramid, where those on the top, wealhiest, will not get any wealthier if bottom layers won't keep comming. To put more simply: those at the top mean nothing without bottom support. 99% crushes 1%, if it only wants to. Regards with cryptocurrencies, I'm not saying it's a bad thing, as we can create our own financial systems, where we mutually keep benefitting the higher our pyramid gets.

4. Cryptocurrencies have possibility to contribute to spreading wealth worldwide. If our political "leaders" embraced them and instead of spending money on pointless things
such as wars... 1/2

Gib LINKs

0xbfdbd9c2e27fe9a79e24c5bd5226e8a4e01c6312