If people manipulate as you suggest, just play along. Either:
1) Hold for long term, or
2) Short bitcoin during a panic sell session
Never ever panic sell.
Its really not that difficult. But people are controlled by fear. That's why professional traders eat them for breakfast.
Well, I have 2
BTC. I am working on a regional developement and charity project. Non profit. But some aspects of this project are not cheap and I hope that bitcoin will rise in value and I will be able to finance the project with it. But will not hold it for long. I expect that the price of
BTC might rise as soon as February comes and USA has problems with it's debt and government - ''The dollar crash apocallypse'' chapter XI. If the market is right - I will sell. Maybe the big players are aiming at similar events as well?
But do these big players possess a threat to the independancy of bitcoin? It's decentralization and function?
I am curious about bitcoin and am considering to start another project that would help the bitcoin grow. But I am not sure if I believe in the idea as much as I did a few months ago.