Re: BTC are getting dumped, is this repeat of 2013 pump and dump?
Looking at the volume and what just happened to Bitcoin in last month, its obvious that this is the biggest Pump and Dump since 2013, dumping is happening now but they try to control it until they dump their huge bags.
Little guys and new comers with up to 5 coins is the ones that will loose and pay the price.
I've been in the game 5 years now and i can smell it, i'm not saying sell your coins, all i say is don't buy as we are experiencing mother of all dumps since the introduction of Bitcoin.
If you don't believe me just look at the graphs and read the posts from 2013, these posts are repeating now with the guys saying it will sky rocket and deep inside they know that its wishful thinking.
2013 is much different in my opinion. There are only few investors as compare to today which you say has so many new comers although they are usually the victims of this dump if the "manipulators" decided to do so.
But I just checked the price and it looks like is it still above $15K, much to my surprise. I guess the bulls and the bears keep fighting it up. We are still not yet seeing a dump as you have speculated, but pumps and dumps are just normal part of the ecosystem. Its how you handle and face them.