Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Tabata11
on 13/04/2015, 21:57:31 UTC
whats happening to btc
why it is crashing hardly, anyone have idea for this
i haven't seen any bad news why it is dropping -6%  Cry

Because greedy whales want more

And the market follows

Everyone knows the best way to acquire more of something is to sell all of that something you currently possess. Catnip prices too high? Sell all your catnip and watch global catnip prices plummet. Re-buy at the bottom and own ALL the catnip. Very easy!
These whales are not so clever; WeltMaster has them all figured out!

do people do this with stocks...and is that even legal in a regulated stock market? Wouldn;t this be price manipulation?