Quote from: KnightElite on April 02, 2018, 07:03:20 AM

Quote from: Wapinter on April 24, 2016, 09:40:31 PM

I know there are many big players who manipulate bitcoin price and make huge profits but can we the bitcointalk members also form a cartel and let bitcoin price never fall?is it possible that we manipulate price as I am sure most of bitcoin users visit this forum

It is true that there are people who can manipulate the bitcoin price! There are powerful person who can change the price of the bitcoin. The movement of the bitcoin is cause by the powerful person in the cryptocurrency world so I can say that people can manipulate the price of the bitcoin.

That's normal here, that is why the price is so volatile.
Whales will do everything to benefit on their power, they cause pump and dump but they made sure they'll be profitable at the end of the day.
So, we have to believe that what we are seeing now is just a pure manipulation, patience will work in this situation.