Crypto Crash: When Market Manipulations Generate Disaster

Based on the behavior, we have to distinguish between 2 main classes of bots across the cryptomarkets: - Traders - Manipulators The first group operates based on the anticipation of trends and patterns by feeding on historical and real-time data. The 2nd class of bots follows increasingly a swarm logic that serves a different purpose: Poisoning the market "wells" to feed the first category of bots with real-time fake data. By serving such strategies, these bots constantly act to promote or to prevent certain trends and patterns and hence behaviors in and by the average trader bots (and humans) that move along a predictive line of reasoning. This is a de facto poker game: Trading has become gambling!! Given that these hostile bots are run by rival Pump & Dump gangs and franc tireurs across highly fragmented and unregulated exchanges, there is always the possibility of triggering either a virtuous or vicious cycle that could become very powerful via an echo chamber effect. The end results are always unexpected and extremely difficult to anticipate. This happened before and now is in full development in front of us. Can OTC and DEX help to prevent the cyclic disasters? I wouldn't hold my breath!

Comments

Post a Comment

Popular posts from this blog

Hitler’s Circle Of Evil: A Great Documentary to Watch

If you still think that Nazism was a bolt from the blue and that Hitler and his gang were parachuted from another planet, think again. Watch Hitler’s Circle Of Evil to learn how Nazism has grown deep through the German democratic institutions with significant financial support by the usual "hidden hands" to become one of the major nightmares of the XX century that left behind 55 million dead. This documentary is a crucial wake-up call for those wishful thinkers who still dream that the US, and more in general the Western democracies, are vaccinated against such a risk. Just carefully watch the documentary then try to put in perspective many US administrations since the end of World War II, in particular the current Trump's administration. You would be damn surprised to find out that Germany indeed lost the war but Nazism as ideology in its deepest criminal plans continued to our days...underneath... and that it can reappear publicly on the political scene anytime. The Cor...
Read more

Biden-Harris vs Trump-Pence: Where Are We Headed?

Image
I believe that we must distinguish between two analytical levels: Reporting on the facts and tactics used by the parties involved, on the one hand, and lasting and strategic consequences for the US political system, on the other. Regarding tactics, the situation is quite dynamic, and legal specialists are essentially divided on what the American Constitution would allow, especially regarding the legal loopholes that Trump's supporters would like or simply could use to try to reverse the situation on the ground. A likely and highly risky scenario for the Biden-Harris ticket is that Trump's campaign operatives could be able to force the adoption of what is established by the Amendment 12 of the US Constitution whereby the states through their members in Congress will choose the president and vice-president based on one vote per state. Most probably all of this would result inevitably in a victory for the Republican side as they control the majority of St ate delegations in Congre...
Read more

California Wildfires: Is this all about climate change?

Image
Golden State Burning The short answer is a big NO! A longer one needs a few more words. There is currently an overall consensus that the electrical lines running above ground are the main culprit of several of the ongoing disastrous wildfires across the Golden State. According to Wikipedia, the state of California has 26,000 miles of high voltage transmission lines, and 240,000 miles of distribution lines. Distribution lines bring electricity directly to homes: Around 66% of them statewide are above ground. That is a dramatic picture indeed. 66% of California's statewide distribution lines are above ground. For transmission lines, the cost of under-grounding is about $80 million per mile while for distribution lines, the same expense is about $3 million per mile. All that compared to overhead lines at about $800,000 per mile. The state's largest utility, PG&E, has 107,000 miles of distribution lines, 81,000 miles of which are overhead. The cost to convert all of PG&E...
Read more