Post
Topic
Board Speculation
Re: Roger Ver's trick to drop BTC to $1300: a call to whales to SELL NOW PLEASE!
by
aso118
on 14/11/2017, 18:49:38 UTC
I've noticed something alarming about this BCH influenced BTC crash/correction

Has anyone noticed that the very rapid drop and resultant rebound didn't get the chance to actually test support at $5k? I can't help but think that this might be a deliberate attempt of Roger Ver and co, to ensure that Bitcoin then carries on up to new all time highs, having not tested support since $1300. They'll back off now, and let the BTC community think that BCH has failed, ensuring that $5k doesn't get properly tested.

This might result in an inevitable retrace/crash back to $1300, which would be when he could pump BCH again to cause a real 'flipenning'.

So basically, PLEASE SELL!!

$1300 is far, far away. Even if $5000 was not tested, there are a lot of other support levels. Moreover, if the price drops sharply  new investors will step in. There is no reason to expect a doomsday scenario.