JayJuanGee
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How much alt coin diversification is needed? 0%?


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October 26, 2016, 07:46:46 PM

I sent a transaction like 2 hours ago and it still hasn't confirmed. What the fuck is going on? Blocks are full, I know but the last block was .75 MB

This is basically what's going on, and it doesn't look good for the future panic buys Roll Eyes

https://www.bitcoinqueue.com/details/2d.html

Maybe there is a certain amount of opportunism pumping going on?

If there is a bit of locking out of folks, and inability to anticipate or to get "in" for a pump, then the pumpers can feel a bit of pleasure in locking folks out of the pump, and then get the price to a point in which they can dump onto folks?  Is that price point mid to upper $700s? 

If this does not play out well, then the pumpers (manipulators) could lose control over the situation if it gets into the mid $800s.  I am of the theory that manipulation does exist; however, not even the manipulators have perfect information or are able to completely control price directions... but they are in a decent position to take advantage of situations as they present themselves and maybe even to manipulate within those newly evolving parameters (more quickly than the regular guy).