Post
Topic
Board Bitcoin Discussion
Re: Why does bitcoin crash occasionally?
by
armansolis593
on 23/01/2018, 04:54:20 UTC
-snip-
could it be large-scale market manipulation?

Yeah, a few days ago bitcoin was averaging at $12k after their pump it is now down to $10k again, this is probably due to the whales that has been manipulating the market for their own gains.

Or is it simply FUD leading to a wide-spread panic selling?

It has also some effect on small scale traders because they cant really compete with the big traders they only go with the trend that whales decide.
FUD can really spread fear when your budget in the market is low, cant blame the small traders as they only want to profit on what ever they can hold.