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RE: Decentralized Cryptos Following The Same Pattern

in #blog9 years ago (edited)

Interesting. Could it not just be the market is looking at Bitcoin as a bellweather? Back in the day the DJIA was seen as a bellweather of the American economy. GE was seen as a bellweather of the conglomerates etc...
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Well I suppose anything can be manipulated. Remember George Soros broke the Bank of England by shorting $10 billion Pounds. Pocketed a billion in profit too.