Quote from: 1Referee on January 14, 2017, 03:50:50 PM

Quote from: noormcs5 on January 14, 2017, 03:42:04 PM

But this time it wont drop much. Times have changed now and Bitcoin has been becoming a major currency of the world day by day, month by month. So dont expect much decrease in price this year.

Bitcoin as a whole may have grown in recent years, but the level of manipulation is still the same. Just look at how easy the price went up to $1100 where the smarter people here were expecting a massive dump to happen, while all the noobs here though the price would go up even further. You know why the smarter people here have been expecting a massive dump? Because it's no coincidence anymore that everytime the price goes up quite a bit, something pops up causing the price to tank again. It's manipulation from the highest levels. It's so obvious, that if you play it right as a trader, that you can gain massive profits in a very short time. That's the difference here. Wink

In fact, the smarter people here (at least, so they were presenting themselves) had been expecting the dump at first at around 800 dollars per coin when Bitcoin just started to climb, then it was 900 when Bitcoin didn't even stop at 800 (though they were less vocal after it hadn't crashed), which later became 1,000 dollars. Some even tried to outsmart the market by going short at that price tag only to lose massive amounts of money at the end of the day. Or were they really noobs, all these guys expecting a dump at every round number?

Or, rather, not particularly different from the noobs you refer to