im not talking about posters on here, but its starting to get a little old and tiring seeing 'experts' shill random bullshyt coins all over the place talking about the research they did (great devs, awesome roadmap, amazing whitepaper, newly hired devs from paypal, partnerships in the works, same old shyt...). this is all over twitter, youtube, reddit. people who got lucky in a crap-shoot bullmarket back in Q4 2017 are now having their word being taken as gospel and people are blindly throwing money behind it. once tax season touches down it'll be even worse. there will be money to be made for sure, but people need to stop acting like theres a tried and true science behind this; most of this shyt is unprecedented and frankly there are not THAT many things out there in the world that would be made better with smart contracts and a dedicated digital currency
the amount of manipulation out there is staggering and can only ultimately lead to regulation or more laws IMO. i dont see how it cant. all it takes to manipulate one of these low market cap coins is a couple hundred grand of BTC or Ether and a small group of dedicated people. the best are these big discord groups dedicated to pumping...that almost work like a ponzi scam. 100/1 odds that you'd see a huge uptick in buy activity on the target coin less than an hour before the administrators of the group announce the "pump of the day." by the time they announce it and the regular joe lambo starts buying it up, they have the sell orders in - and still convince the group to "hold through, buy more on the dip!" while they're offloading everything and tanking it. if you can get lucky and get the timing down, good for you...
with that said I think there is so much 'whale money' tied up in TRX that its bound to pump again. it has to. its gonna be crazy when it happens because most tron bag holders are dying to get out. look at the order books
i fell victim to trying to ride waves and got caught holding bags of ENJ, FUN and a bunch of other worthless garbage that wont be around in a year. never again
even trying to longterm hold things you believe in is tough because a lot of the good ideas have rivals/competition. could something like XRP and REQ co-exist? what about WaltonChain and VeChain? or BTC Private and Monero? to the layman these things arent that different, and at the end of the day the layman matters most
i watched this shyt go down wit xvg
you could literally time whether the shyt was going up or down by reddit or twitter posts
it was way to well timed to be coincidence
it would be moving sideways
then a fomo shyt storm would hit all socials
followed by a fud shyt storm
followed by another fomo shyt storm
over and over for at least two weeks
i was in at 3 cents
i rode the waves selling piece by piece as it went up
holding when it went down
i kept waiting for it to get back up to 29 cents
i finally dumped it all at 22 cents on new years eve before they missed the wraith deadline
