Post
Topic
Board Speculation
Re: Roger Ver's trick to drop BTC to $1300: a call to whales to SELL NOW PLEASE!
by
aardvark15
on 15/11/2017, 13:07:44 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!!

It wouldn’t surprise me that whales would try to manipulate the Bitcoin market. It has happened many times in the past. There is also a possibility that Bitcoin is in a bubble and could drop anyway, a few whales could push the market that way if that’s the case. However, I don’t see a reason why BCH is a better alternative to BTC. BCH will eventually have the same issues with slower transactions over time as well. I think the similarities between the two are not stark enough to make BCH a good alternative.