Lets all punish the Exchanges so they dont earn money from us. They make alot of money from us. I personally saw them roll down the price, within 5minutes price went down from $11600 to $7000. What do you guys suggest we do?
You do know that the price is dictated by users and not exchanges, right? If this is the case, no one would be using the said exchange due to them deliberately changing the prices at will, which there isn't any documented proof that this is really happening. Also, all they do is facilitate the trades happening, receive funds and let users withdraw funds.
Its not the users that caused the price to go down, its definitely the Exchange. Its impossible that more than half users dumped their bitcoin in the 5 min time frame.
Ahh, you clearly don't know what you're talking about. A 5-minute window is already long enough for users to react to a certain event in the market. Too much tinfoil on your hat, dude.