Ludwig Von
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February 22, 2018, 04:14:55 PM

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.

Ever notice that after a day or two of nothing but down across all cryptos, suddenly out of the blue some random shitcoin that no one expected will start pumping for no reason? Yeah, the whales do that on purpose... to concentrate all of their new $$$ resources on one pump and lure in the gullible.

Couldn 't agree more. Looking at the events where we pump on thin air and drop as a  deflating balloon in a sequence with an almost fixed frequency for no reason connected to the real world is more than explaining enough...