Yeah there are alot of proven fraud pumps before but this one is very recent so people cant still prove if this was the whales doing this for their own sake.I dont think they would do this because thsi will be a huge gamble they are literary putting their exchange to a dice where then can lose bigtime or win
Some member of the exchanges before are being caught manipulating the market especially in South Korea cryptoexchange, but the recent pump now is different because we are not just talking about one exchange here we are talking about the whole market which is doing better. Yes, its a big gamble to the exchanges they can’t just take profit on that. 
Topic: Biggest inside job fraud ever? - page 2. (Read 281 times)
Yeah there are alot of proven fraud pumps before but this one is very recent so people cant still prove if this was the whales doing this for their own sake.I dont think they would do this because thsi will be a huge gamble they are literary putting their exchange to a dice where then can lose bigtime or win
It seems that this ridiculous bitcoin pump is just an inside job of exchanges, they pump bitcoin price by spending their own crooked USD-T not covered by USD 1:1, the price goes up, and as it doubles, they just cash out the profit and coverup the deficit of real USDs by cashing out the 8000 vs 3500USD difference.
The 4k to 8k pump has fundamentally very very low reasons to happen so suddenly except any conspiracy...
Thoughts? Many previous sudden BTC pumps were proven as a fraud before - remember Mt. Goxs pump to 1000+USD in 2013, Sergei Mavrodis sudden Ponzi-scheme pump from 300 to 600USD 2 years later etc.
We have a lot of exchange and they move the same, so you’re saying that there’s a group of exchanges who agrees to pump bitcoin without having its real volume? This kind of analysis started years ago, and its not proven so i believe bitcoin really deserve its current price and it will pump more. The 4k to 8k pump has fundamentally very very low reasons to happen so suddenly except any conspiracy...
Thoughts? Many previous sudden BTC pumps were proven as a fraud before - remember Mt. Goxs pump to 1000+USD in 2013, Sergei Mavrodis sudden Ponzi-scheme pump from 300 to 600USD 2 years later etc.
Justin Sun's statement of buying over $40M worth of coins using USDT somehow supports your theory but I don't think we can already assume that exchanges have conspired in order to make this pump happen. If they do then they are subject for market manipulation which already is in place in some areas particularly the US, and so US-based exchanges would have been nabbed by now if this is to be proven. But yeah, I don't think the sudden influx of money in the cryptospace is done by real USD but rather mostly USDT. The only ones who will lose in the end though are exchanges left holding the token if people are intelligent enough to actually withdraw funds immediately after profiting.
Of course we would feel like the pumps are being created by the huge players so they could benefit from it,
But it would be really hard to prove all of this?
I mean even if they are the ones who are behind it they are risking their own money on it what if they pump it and the people or investor decides to take profit?
They just lose their money for nothing so for me this is all just a theory.
But it would be really hard to prove all of this?
I mean even if they are the ones who are behind it they are risking their own money on it what if they pump it and the people or investor decides to take profit?
They just lose their money for nothing so for me this is all just a theory.
It seems that this ridiculous bitcoin pump is just an inside job of exchanges, they pump bitcoin price by spending their own crooked USD-T not covered by USD 1:1, the price goes up, and as it doubles, they just cash out the profit and coverup the deficit of real USDs by cashing out the 8000 vs 3500USD difference.
The 4k to 8k pump has fundamentally very very low reasons to happen so suddenly except any conspiracy...
Thoughts? Many previous sudden BTC pumps were proven as a fraud before - remember Mt. Goxs pump to 1000+USD in 2013, Sergei Mavrodis sudden Ponzi-scheme pump from 300 to 600USD 2 years later etc.
The 4k to 8k pump has fundamentally very very low reasons to happen so suddenly except any conspiracy...
Thoughts? Many previous sudden BTC pumps were proven as a fraud before - remember Mt. Goxs pump to 1000+USD in 2013, Sergei Mavrodis sudden Ponzi-scheme pump from 300 to 600USD 2 years later etc.
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