Can the Banksters Crash Cryptocurrencies?

in #cryptocurrency6 years ago

Hi

I was listening to x22 Report & his interview with Jeff Nielson - in which he explained how the banksters could manipulate the price of crypto currencies - They could buy up loads of cryptos, which would increase the price of cryptos and then sell them all at the same time - creating a crash.
Isnt there something that could protect the cryptos from this? Perhaps if cryptocurrencies werent just valued in terms of the USD but also in terms of gold?

Coin Marketplace

STEEM 0.28
TRX 0.13
JST 0.032
BTC 60385.11
ETH 2889.75
USDT 1.00
SBD 3.65