Im a bitcoin believer but its not stopping me from thinking how long btc will be at this rate
is there anyone manipulating this, who are these people, i believe that they are the rich ones
trying to get lots of it, then pump non stop
thats what i guess ,
please share you thoughts on this lets communicate for bitcoin sake
I am not sure whether someone is manipulating the price. However, this is not the first time bitcoin price dropped down drastically. There was huge price drop from November 2013 to January 2015. Price dropped by 80%+. Therefore this price crash is not a new thing. I hope it will get corrected.
It will get corrected. As with every massive rise in Bitcoins price, there is also a massive correction. That is the drop we are seeing now. Just HODL your coins patiently and we will soon see the price drop stop... It will eventually get to a certain price point where people will not sell their Bitcoins that low. I don't think there are whales manipulating the price to keep it low though, this is just a natural correction.