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.
5 days ago price was $2000 lower that it is today, that does not
look like dump, that looks like recovering previous value.
You are in crypto-world for 5 years and you still do not understand
basic fluctuations that Bitcoin make. After that dump in 2013 many
people saw opportunity to buy more Bitcoins for lower price, same is
happening again. In dumps you are accumulating more Bitcoin for
discounted price and if you wait long enough new ATH will come and
you will earn your money back and make profit.
Comparing 2013 and 2018 is almost impossible, back that Bitcoin
was not so popular and adopted like it is now, just wait and you will
see Bitcoin price $19000 again in shot time.