Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
JayJuanGee
on 30/03/2018, 01:41:15 UTC
Guys, your reasons for the continuing downtrend are all wrong.

It's pretty simple.

1. Whale(s) spend a full year pumping Bitcoin and altcoins to the moon, using massive leverage.

2. Whale(s) gain control of the float and thin it out, pushing prices to the moon.

3. Whale(s) massively short sell/dump in one go. Ending bull run.  Whale mega money then sits on sidelines.

4. Whale(s) use lotza coins to squeeze remaining float up and down to make money trading. Mostly down.

5. Average Joes finally lose interest. Sell at bottom.

... and then... eventually... (*we are not there yet*)...

6. Whale(s) use sidelined mega money to scoop up cheap coins at the bottom. Downtrend over. Next bull run starts.

There are no "reasons". There are no plausible "FUD". Its just the way it goes.

Yep!!!!  This was all pre-planned from a year ago and perhaps two years.  There are whale manipulators who  knew these details all along.   I knew it.   Roll Eyes Roll Eyes

Plus all the nervous retirees that cant wait another year!

I don't have any problem with Torque's ascribing several conspiratorial whale manipulation factors to bitcoin price dynamics, yet my problem is that he seems to get so caught up in the idea of manipulation and conspiracy that he just drifts off into fantasy land to go to such extreme suggestions that these manipulations were planned years in advance.  Don't get me wrong, Torque says a lot of interesting and informative things but the level of conspiracy just frequently devolves into ridiculousness.