Post
Topic
Board Speculation
Re: Charlie Lee: Chinese bitcoin FUD is whale manipulation
by
john2231
on 22/09/2017, 22:48:21 UTC
Bitcoins Intention was to brake the banks dictatorship. As we can see, nothing changed with bitcoin. Instead of banks, now whales dominate everything, manipulate and steal.


Wrong. Bitcoin was all about putting fair rules for everyone, and the rules are fair and clean, open source, there are no lies within the protocol. You can never stop whales from forming and you can never stop them from telling lines. If you are stupid enough to fall for the FUD and sell and lose your BTC then that is your problem, not anyone's else or BTC's problem itself.

Just to add on to your post.

"Bitcoin has no ethical rules" it only has "Technical Rules".

Pump&Dump, market manipulation, stealing, scamming, crashing the market and going short on it.... all allowed in Bitcoin.
So Bitcoin is ethically as fair as Anarchy...
That is why we are here i think of bitcoin it is because there is no ethical rules everyone will do what they wanted to they their bitcoin..
And it is also decentralized no can be manipulate bitcoin but there are whales that actually holding a large amount of bitcoin and sold then crashing  the market just to buy a cheap price again.. that is why right now the price of bitcoin is hardly to get recover of the price because i think mostly bitcoin users right now are new in crypto..  
We already experience of abuse by whales .. since op posted as a proof i think those whales are paying to post publicity their fake news into a well known bitcoin news until its spreading and other bloggers too are posting news in their blogs until it getting trending since people before are not easily be fool they do an effort right now just to buy a cheap price of bitcoin . now if they seen the price was increase like in the past few days when the price hit 4k they are starting dumping again to make a profit..