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RE: How Poloniex manipulates the price

in #lisk7 years ago (edited)

It's an objective reason here, as you can see, Poloniex added today a warning about lisk and the price started to decrease immediately. I didn't expose my emotions in this post, though I should've been.

The same happened this night with STEEM as soon as they changed the warning about a date when it will be available (as I explained here). It doesn't matter if they do it intentionally. What matters though is that they address the technical issues in the worst way possible. When a service is bad, the customers shouldn't be silent about it and the issues should be solved!

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I think that's what going on with Bitcoin right now. Goldman-Sachs comes out saying they're going to advise their clients to look into crypto, and Bitcoin starts rising fast. Then a week later their analyst says that Bitcoin could hit $4800 before falling back to the upper $2000's. Call me crazy but it seems like a gigantic whale just jumped into the Bitcoin pool with pump and dump on their mind.