Post
Topic
Board Economics
Do you think there is institutional manipulation of the Bitcoin price?
by
Kprawn
on 26/05/2018, 15:09:32 UTC
We have seen reports lately that the US Justice Department has opened a criminal probe into alleged price manipulation of

Bitcoin and other digital currencies. We have seen for months now that the Bitcoin price cannot get momentum and as soon

as there are positive signs that it is recovering, then it drops down again. In many of these instances there are no negative

news that would have triggered that downward spiral. There are also no Alt coins with significant growth during these times,

 for us to say that these Alt coins are the trigger behind this. The only logical conclusion for this is that someone or a group of

people are "killing" the correction phase of the Bitcoin price.  Angry

Do you think there are some sinister agenda behind this or is this just Bitcoin whales doing their normal thing?