<table><tr><td>https://steemitimages.com/DQmcRhQZugw3FTc8WDu1Dp75vfzcL4Kq4Wp7N42kXsU5orA/cryptomarket.jpg</td><td>What?  great news the crypto market <br> is going up & down like a YoYo <br>in the hand of someone doing tricks.   </td></tr></table>

![images_334.jpg](https://steemitimages.com/DQmfWhdWN7wpEUhVNBzAkhbmUkq534FiSMwxRTjvVVBdPbL/images_334.jpg) You got it! 

 I'm happy because today there was a tiny bounce up on the big boys in the market and the people who understood what I told them a week ago should have cleaned up extra like I did this morning!  

When they saw this!

For more background, If you didn't read this article from 6 days ago I wrote,
read the article! now!  ![images_208.jpg](https://steemitimages.com/DQmYiHgdH6yKJZrc9nuFaSjRBCmZqhHx2qyQvMjAdwX5bgK/images_208.jpg)
https://steemit.com/cryptocurrency/@richatvns/cryptocurrency-investment-for-those-who-don-t-want-to-day-trade-the-safest-way-to-invest-in-the-market
and my earlier article on:
https://steemit.com/bitcoin/@richatvns/reality-for-cryptocurrency-market-volatility-why-it-will-continue-this-year-simple-and-clear-reasons

So what happened to make me so giddy like a child waiting for santa claus? ![merryxmas.jpg](https://steemitimages.com/DQmXVzVr9o6XE4WMo95sQg8SvqW4AWsftf4cmQ8bjnFDkW5/merryxmas.jpg)

![separatorline.jpg](https://steemitimages.com/DQmanw5G8QAyfhVDYAtjvTqSpZJWwS6UZXJZAvxi24wRzE4/separatorline.jpg)
Hold your horses, read my disclaimer first: I am not a licensed investment advisor, an economist or Journalist. These are just personal observations and thoughts, Essentially I am a pundit and have taken positions in some of the things I talk about...
![separatorline.jpg](https://steemitimages.com/DQmanw5G8QAyfhVDYAtjvTqSpZJWwS6UZXJZAvxi24wRzE4/separatorline.jpg)
Alright on to the story...

Just before I was going to bed this evening I decided to check out how the cryptocurrency market was doing as a whole.

Contrary to belief even though I'm heavily into bunch of different Altcoins, some ICOs, Arbitrage, day trading and building projects on the blockchain... I do not have the market up 24-7 near me every day and do not check if constantly if not actively trading.  After all there is life beyond investment and business... I love Poker, Cooking, Watching Sports, the companionship of the fairer sex, movies, reading, diy projects, mentoring, and politics.

So when I saw the top 20 crypto currencies (except for Tether) were all up vs. USD.
![yeseverythingup.png](https://steemitimages.com/DQmaZ4zssEgvDXJRPXb1c6dvqVxgeG2z4n9nmPjYPQUScdm/yeseverythingup.png)

That's huge 70% of the market capitalization was up just by looking at 19 of the top 20 and only 2 currencies in the top 100 were down!  Obviously the USD must have taken a dive...

Thank you Trump for underlining the value of America abroad.![gopswamp.jpg](https://steemitimages.com/DQmZvij5bVbUnLQmbNmXcMQaLknxrHvKs2nV1LavGMpQW5j/gopswamp.jpg)

![market24hr.png](https://steemitimages.com/DQmbFq573n7a7NiBbE84TAhY3z8jakonwdDWCvnXtJPZizA/market24hr.png)
That's market up almost 20% in 24 hours from invariable weekend dips crypto markets seem to go through!  

Of course anyone watching the market knows ETC/ETH is still lagging behind Bitcoin and Litecoin, because it is getting pressure from other contract enabling coins and is showing strain about the faster blockchains out there.   So Etherum is correcting a smaller ratio against btc.  As bitcoin adjusts its ratio against the whole market.

 ![etherum.png](https://steemitimages.com/DQmaozvoXJJZQ1W3Bj6djGTGCwrL5TqQ7ZgNYAF2UBdSTBf/etherum.png)
But I did not care because I was hedged against that because I had C20 so I went to look at and was surprised to see it was only selling at $1.20

![cryptomarketprice.png](https://steemitimages.com/DQmPX14RHppk2Cop7hrgr1yhvZ9snnMkH4c4GdhDQ8pdtVF/cryptomarketprice.png)

Which based on the previous days price was way off...It should have at least been at $!.24 based (up from $!.20 from 48 hrs earlier)

So I went to see what the underlying assets were worth on the Crypto20 site.....
![c20price.png](https://steemitimages.com/DQmS4q1i7fSDzsQ7Z7bzj7r52p2jv5GQJqpEnp8MbZA5cry/c20price.png)
Hold on the underlying coins are worth more than the index coin and I can just buy them on the exchange and sell them back immediately and make a profit!?!   Are you kidding me....I can sell my remaining ETC even and move into the rest of the top 20 and actually trade into better performers without much work?  

What did I do.....Moved my ether to my Hitbtc account and got 1540 crypto20.
![mytransactionsthismorning.png](https://steemitimages.com/DQme9dCBmXZvnhMVNRfarJgBu3t5pnzV694RaCvqHaL6Dk8/mytransactionsthismorning.png)

![happyuser1.jpg](https://steemitimages.com/DQmRMcW8H1PYQnVJ6z9hLHBzwySjkCPm6KUaCv4YAX85amJ/happyuser1.jpg)at about $1.205 each 
I could liquidate right then on the crypto20.com for $75 profit immediately.
![tokenliquidationvalue.png](https://steemitimages.com/DQmUYYQp1GME6QbB5rRBpZDxfE9pgqQB3Vw3W6Nkm8TZkK9/tokenliquidationvalue.png)
But the reality is essentially I look at it as me getting out etherum a little more and moving into the market through c20 at a 4% discount!!!
Why because what it's made up as:
![c20assetbreakdown.png](https://steemitimages.com/DQmQ7B6ybLVCc1mE498g9Tc8BtXxz7iUSBS7SqoaPup6kHu/c20assetbreakdown.png)
![assetdistribution.png](https://steemitimages.com/DQmfPRULVnpenXwfPwehVttzZeuVdBSHuLVCLoBudCKQaLF/assetdistribution.png)

So why was this exploit there?

C20 is not on the major exchanges, What IDEX isn't a major exchange...YES IT IS NOT A MAJOR EXCHANGE BECAUSE THEY HAVE NOT ACCEPTED A NEW ACCOUNT SINCE EARLY JANUARY.   And HitBTC is slow and small volume wise.
Based on the assets that C20 owns the underlying currencies should go up and down with the market if they were able to be traded by a wider market....

But guess what THEY ARE NOT!   I said that volatility would create none classic arbitrage opportunities, and this is one.
essentially the fund runners become another exchange for the value of the coins and you can arbitrage them.

Buy in one place and sell on the other. Like I just did.

Look at these 2 graphs not the last 1/2 day (and where else they differ going up or down)....
![marketcap5days.png](https://steemitimages.com/DQmSVpTdhD9qJAXKoUo1A6u7PL3EBKcHTeqT6GVcNNobwfY/marketcap5days.png)

![c205days.png](https://steemitimages.com/DQmYUmcyLYxuwKqkJ4Fe51EfWorwppi8NgnRXGpoY4NULTQ/c205days.png)
Note the second chart is the price of c20 on the exchanges,  (note how little the volume has been).
But the first chart the the market capitalization is closer to the real value of true c20 coins underlying assets value.   Because humans buy and sell coins the underlying value gets discounted...

Fortunately there  those speculates and trade C20 and other currencies without knowing what they are about, and sell where they did not need to.  The people I bough from today were uniformed idiots, they could have taken the c20 I bought from them, not sold it on hitbtc (paying a commission) and just disbursed it on c20 getting at least $75 more in ETC then I paid them. 

THOSE 2 CHARTS, SHOULD HAVE MATCHED AND WHEN they don't in a large way its an immediate buy opportunity....NO INDICATOR LINES, TRENDS OR OTHER SPECIAL ANALYSIS IS AND WILL BE NEEDED IN THE FUTURE.

Why am I telling everyone about this?  Because shortly when c20 gets on a big exchange this won't happen. 
 ![bizach.jpg](https://steemitimages.com/DQmNk7w6BwWGFJ3c3hs8x6JroAUadaMMeAqz4RvoTTLtnNQ/bizach.jpg) & this is only 1 of 1000s of Altcoin exploits available.

Follow me and get a lot more good stuff and info!
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