The Ugly Side Of Crypto I am absolutely disgusted with today’ | Blockchain Whispers ® Official (By D Man) -- The Most Amazing Crypto Channel Ever Created By Mankind!

The Ugly Side Of Crypto

I am absolutely disgusted with today’s cex exchanges.

I feel they are not even trying to hide the fact they trade AGAINST their clients.
Zero ethics. I watch price action and can’t believe how blatant, how greedy, how discusting their every chase for stop is…

… it’s not stop you see. it’s stop THEY see. Quantities. Levels. Mathematics.

And they go for it ALL

I support Sovryn because they have a chance at making fully decentralized exchange.

I don’t think they will make it.

I supported bzrx as well for the same reason. As back then 3 years ago promising bitmex competitor.

They didn’t make it and they won’t make it either.

I am calling you, if you have entrepreneurial spirit, and basic desire, focus on making fast decentralized exchange. It can have l2 your home token, with its blockchain to provide full transparency and speed and once every block just submit all the transactions to make it on the main blockchain, prefferably Bitcoin.

It’s possible to do so.

It’s quite easy.

And guess what… even when you take all the manipulation of trading against the clients… it’s still profitable in the fees you’ll be making.

You don’t need to be cheaper. I’d pay even more expensive fees to trade on a fair platform.

Fuck exchanges.

And no, I didn’t get rekt or anything, I just spectate price action for you closely last few days and I can predict what is going to happen by just asking myself what would be the nastiest move…

If you zoom in to the pic here, these were supposed to be the SAME levels… but if you zoom more, you’ll see the right one is a bit, just a bit lower… to get the stops placed at the previous wick length. Phew motherfuckers, exchange owners… countless of such moves… countless of bullshit order reading… now see on other charts, the wick didn’t happen like it happened on Binance futures… nasty shit.

On spot actually the wick right is HIGHER than wick left… because it’s symbol for bullishness… but no, they were so greedy they had to go hunt for stops that were on that wick, motherfuckers…

Please, replace them, in a dex, transparent way.