Rakesh Kumar (Cash Planet)

I am Cryptopreneurs having established companies operating in real estate, Software,finance, Media & Retail industry on mission to change lives of 1000 families

[Marouane @dogofallstreets]

Terra Luna UST attack explained:
#Lunacrash

[Rakesh Kumar (Cash Planet) @CashPlanet1]

crypto exchanges have programmed the increase and decrease in price of bitcoin with Nasdaq & SP500 indices..What a manipulation😆and then people believe that the prices of crypto exchange are fair and driven by the buyers and sellers..

[Rakesh Kumar (Cash Planet) @CashPlanet1]

insiders with access to the database trading on their own exchange — Bitfinex officers trade on the exchange themselves. They state that they avoid conflicts of interest, but there is no oversight or transparency on this."

[Rakesh Kumar (Cash Planet) @CashPlanet1]

Expert of trading have been saying for ages that the crypto market is manipulated. In the reply to this tweet I will share all the tactics which are almost impossible to be practised in traditional stock trading.

[Rakesh Kumar (Cash Planet) @CashPlanet1]

front-running — where an exchange operator takes advantage of a buy or sell order before other customers can. Yobit had problems with the authorities in Russia, Ukraine and Indonesia (translation) for this.

[Rakesh Kumar (Cash Planet) @CashPlanet1]

https://t.co/CZg8ASPH4S

[Rakesh Kumar (Cash Planet) @CashPlanet1]

On June 13, University of Texas finance professor, John M. Griffin, and doctoral student, Amin Shams, published a paper arguing that price manipulation played an outsized role in bitcoin’s rise in value during 2017.

[Rakesh Kumar (Cash Planet) @CashPlanet1]

Every major exchange have their own crypto currency whose prices are heavily influenced by the parent exchange. Nothing is fair and unmanipulated in crypto world.

[Rakesh Kumar (Cash Planet) @CashPlanet1]

A company that controls both a highly traded cryptocurrency and a popular crypto exchange could have the motivation and ability to influence prices in its favor.Why then all the crypto exchange are allowed to own their own cryptocurrency like Binnance exchange owning Binance Coin

[Rakesh Kumar (Cash Planet) @CashPlanet1]

In the paper the authors argue that half of the increase of bitcoin’s price in 2017 could be traced to periods following the creation and introduction of tether to various cryptocurrency exchanges, typically while the price of bitcoin was in decline.

[Rakesh Kumar (Cash Planet) @CashPlanet1]

Tether Limited, recently published a three-page report by the law firm Freeh, Sporkin & Sullivan LLP stating that the company had sufficient capital to back existing tether coins, the law firm didn’t conduct an official audit. No external audit has been produced to verify this

[Rakesh Kumar (Cash Planet) @CashPlanet1]

Tether crypto which accounts for 20% of the crypto Currency trade in a particular day claims that every tether is backed by $ but no one externally has verified their statement.

[Rakesh Kumar (Cash Planet) @CashPlanet1]

Prosecutors at the U.S. Department of Justice (DOJ) were working with the CFTC to investigate the potential price manipulation of bitcoin, Ethereum and other currencies.

[Rakesh Kumar (Cash Planet) @CashPlanet1]

Bitcoin was invented to give an alternative to centralised stocks, fiat and various other asset class but unfortunately 40 % supply of bitcoin is in hands of about 60 whales who rig the price of bitcoin to whatever they aspire. These 60 whales plan together.

[Holger Zschaepitz @Schuldensuehner]

Valuations of global equities have already fallen sharply. But even so, global market capitalization is still 127% of global GDP, well above the 100% threshold that Warren Buffett said was problematic.

[Rakesh Kumar (Cash Planet) @CashPlanet1]

@ImAvatarOffice Bihar #IMAVATAR @sumitkapoor16 @xravexbabyx @TapasCrypto @CuffinTheDip2xs @ElonMansur