You are viewing a single comment's thread from:

RE: The Deception, Manipulation and Fraudulent Bubble is the Mother of all Bubbles that few people are talking about. Here's why Blockchain will change everything and why the Steem Blockchain will be a +$500bn Social Media Powerhouse..!!

in #steem7 years ago (edited)

Hi Stephen, lying in the bath enjoying your video's, In video 3 you talk about the manipulated finance markets, and say that the bockchain will stop this.

Can't the same tools manipulate the blockchain, the value is what the exchange says it is.

If someone decides to short a token with billions of dollars, the n it seems the same as the stock market.

In video 4 you mention the Kieser report again lol, your claim to fame, but again I watch Max and he comes as a central distributor of information. Working for Russia Today, is it possible that he is being paid to bring down the USA Government.

Great info, made my bath more enjoyable thanks.

Sort:  

Than you.

Can't the same tools manipulate the blockchain, the value is what the exchange says it is.

There is no exchange. The Blockchain is the exchange. In the future there will be no exchanges. As for settling naked shorts in fiat instead of the underlying token they are shorting it means absolutely nothing. They could short billions of Bitcoin coins and drive the price to $1 but it means nothing if they are settling in the printed fiat garbage used to drive the price down. That's why I have said from the beginning, these Bitcoin Futures are a total joke. They may well have called them Bitcoin Bananas..!! Stephen

Thanks for your reply Stephen, but without an exchange a crypto token does not have a value, I still find it difficult to understand what you are saying with the greatest respect.