Post
Topic
Board Speculation
Re: The Manipulation is real
by
bamboylee
on 24/11/2016, 07:54:34 UTC
I came back from school like 3 hours ago , I first checked preev.com and the price was 747$ or something now It's currently 715$ . I now know for sure that this definitely some manipulation by some rich millionaires and It has nothing to do with India cash news. Feel free to share your thoughts !

Do not be so paranoid. While I agree that bitcoin is always being manipulated, I suggest not to think to deep about it. There is no conspiracy against bitcoin. It is simply some rich whales selling and getting out of the market.

Right. Bitcoin is so diverse that it is already hard for whales to control or manipulate the market. Though if they altogether dump their bitcoins, it will have a significant effect on the price of bitcoin.