Alt coins have been RIGGED for 2 weeks by a rogue exchange.
Our alt-coins are being rigged by a dodgy exchange to drop at the exact second (literally, the exact second) and follow BTC down every time it drops. It’s not a speculative drop, because this is happening in microscopic timeframes.
Now that BTC only has a 53% market share, this feels to me like an exchange based collusion method. Where the alts used to be an alternative to BTC, and have an inverse relationship (grow when BTC shrinks) - now it’s entirely the opposite. The alts are rigged to drop each second BTC drops.
So this will STOP anyone moving from BTC to an alt, because now they’re all rigged to drop at the same microsecond.
It’s too quick, too electronic and too dodgy to be a natural market thing. We’re talking ETH based coins as well, not correlated with BTC.
There's a tiny handful of coins not rigged at the moment, and people are pouring money into them (MIOTA etc) - I feel this is all intentional.
All graphs are exactly the same, any coin, any alt. They are cut & paste'esque.
What’s going on? Who’s screwing with our alts?
[link] [comments]
Read More
