d_eddie
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February 22, 2018, 03:38:30 PM

Also once again.

Notice

How

Everything

Is Pegged

To

Bitcoin

I remember a time when it was the complete opposite.
Any explanations on this development?

The whales control more than you think. They control the floats of all the major altcoins, and peg their trading bots to the Bitcoin price so that small traders "have nowhere to run." That is, they will only pump the coins they want to pump as an out to falling prices elsewhere.

I have to agree with this reading of things. Torque might be a master of paranoid thinking and a conspiracy nut, but more often than not subsequent events agree with his (broad stroked, not numerically pinpointed) predictions.