If you've been around the cryptosphere, you've probably heard both camps on whether BTC is manipulated. Many say it's the "weak hands", others blame large institutions, while other's say it's all that MT GOX guy doing another dump? What do you think? Is it manipulated? Please include your reasoning on the matter.
The market is still very young and easy to manipulate. I think large investors will not deny themselves such an opportunity. The cost of the whole market at 300-400 kk $ is not that much. Moreover, there is no clear legislation for crypto-currencies.