Is it time to short some BTC in case an huge ETC pump happens again?

Pursuer

legendary

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Where is my ring of blades...

Quote from: thejaytiesto on August 12, 2016, 09:02:41 AM

It looks like the Ethereum Foundation is a scam that was manipulating the ETC price. Now that they have been exposed, ETC could potentially go 0.006+ continuing where it left. The potential FOMO could ensue, making a dip on BTC. Check the news:

http://cointimes.tech/2016/08/12/etcdao-stolen-coins-frozen-by-exchanges-was-sent-by-ethereum-foundation-developers/

these are some big ass whales that are playing around in there. they have so many coins and so much money at their disposal that we can not even start to fathom !
they are keeping a coin up at 0.02BTC that was barely hanging on to 0.01BTC a while back before the hack and fork and the separation. that has to give you an idea about how rich these people are.
and now they try their best to keep ETC price down to ensure the existence of their fork ETH.

crairezx20

legendary

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Thats a bad news for those who buying ethereum these past weeks and this is good news for etc who holding a lot of etc right now.
Many members are already been discuss to dont trust ethereum but they are not listening..

talkbitcoin

legendary

Activity: 1372

Merit: 1032

All I know is that I know nothing.

i think it is a risky play to ever invest in ethereum (classic or fork) but the risk also brings rewards too. so buying some ETC at this point since the price has gone down due to the massive dump by foundation manipulators.

also you should keep an eye on bitcoin because the price of BTC is at a critical moment which can get on a rocket overnight an go to the moon.

Ayers

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Leading Crypto Sports Betting & Casino Platform

i think this is a wrong move the bitcoin is slowing recovering, it's better to buy more bitcoin than anything else at the moment, and a return to $660+ is imminent and maybe another pump will start after that

European Central Bank

legendary

Activity: 1288

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is there any rhyme or reason to any of these movements? by rights eth should be way lower than it is now but that hasn't happened. I think alts seem to have an extra dislocation to news compared to bitcoin. people just wanna keep on pumping and dumping no matter what's happening beyond the exchanges.

we saw that yesterday with that fibrecoin shit. as far as I can tell it don't even have a functioning blockchain.

thejaytiesto

legendary

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Merit: 1014

It looks like the Ethereum Foundation is a scam that was manipulating the ETC price. Now that they have been exposed, ETC could potentially go 0.006+ continuing where it left. The potential FOMO could ensue, making a dip on BTC. Check the news:

http://cointimes.tech/2016/08/12/etcdao-stolen-coins-frozen-by-exchanges-was-sent-by-ethereum-foundation-developers/

Topic: Is it time to short some BTC in case an huge ETC pump happens again? (Read 613 times)