I totally agree with the points you make. While everybody is blaming banks and other rich people that are manipulating the fiat and exchange markets the same happens with the crypto whales.
The markets are manipulated by a small amount of people and the great „independence“ from banking and regulation has been hijacked by whales and big investors which, I assume, are banks again.
Not only are the whales deciding when values pump or dump, exchanges are doing the same. Remember OCN Poloniex with fake TXIDs and the rumour about massive arbitrage trading while normal investors coins were blocked?
Nature of mankind arrived once more greed rules...
It becomes more obvious that most likely regulation will be the only way to save crypto from bubble bursting on a long term. Sad this is, the dreams have bursted long ago,
Totally agree... I can't count all attempts to contact us to involve us into a convoluted "pump and dumps" scheme. It is done by most of really huge TG groups. So sad. It really looks like this market needs regulation.
We would like to change that, eradicate that sketchy behaviours and fill in the niche - provide real crypto intelligence with honest approach. Just give us time and we will get there!