I can understand that people feel like that, but if a similar scenario unfolds, then use it as the best possible opportunity you'll ever get to buy as many coins as possible.
The thing is that there aren't that many coins left to buy for the general public, and in case the market happens to decrease significantly (which I don't think will happen), large pockets will buy up even more coins.
Direct result is that with less coins in circulation, the market is far easier to increase. See it as a shakeout of weak hands before the next rally comes up. People shouldn't sell any of their coins.
Selling coins is like rewarding large players for their manipulation attempts. Instead, use it to buy more coins as I said, which is exactly what I'm doing.
same here
even if my original question does play out.....i'm anything but long term bearish. i see it more as an opportunity.
there is substantial evidence 2013 was absolutely manipulated and 2017 also was but the extent is much harder to measure with the bitfinex/tether fiasco.
the one thing that seems certain is larger players want to accumulate as many coins as possible and the reason why is blatantly obvious. there are only so many left and the total supply is likely to only be around 16m with so many having been lost over time. if satoshi was indeed Hal which is a very likely scenario that treasure trove is likely also lost, you know, the huge stash of coins that never moved.. the strong hands want to control the majority because at that point the price can be inflated to quite large sums allowing them to trickle sell a few coins at a time into the strength and having more money than any person in recorded history ever has.