Post
Topic
Board Speculation
Re: Roger Ver's trick to drop BTC to $1300: a call to whales to SELL NOW PLEASE!
by
player514
on 14/11/2017, 19:04:32 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!!

I'm not sure what you mean with the second paragraph. Are you saying that it's dangerous because we haven't seen what the support at 5000 is? That shouldn't really matter if the support is so strong at 6000 right? Because in order to get to 5000, we need to reach 6000 first, considering we're coming from the top down. I'd only assume that more people would try to buy when a drop comes down to 5000.