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.
It is manipulated by huge whales. This is the reason it goes down without any reason at all and withoutany news that makes some people panics sell.
Sometimes we can see that a news in other countries make the prices really goes down. When someone banned crypto in their country due to the potential threat or when the government make a sudden rule.
But what if the whales does not exist and it is just the owner who really hold a lot and just manipulating a lot?