Quote from: normanz on July 13, 2018, 05:42:32 PM

Quote from: Predict0r on July 06, 2018, 08:27:14 PM

By the most logical thinking:

There's strong evidence that the late 2017 spike in Bitcoin value was due to manipulation via Tether.

IF that is so, then that entire episode actually means nothing, and...

Bitcoin etc values will decay back to their historical levels prior to pump & dump.

This will be slow because interim buyers won't want to take the losses.

Look at BC charts for the past 6 months. It's very easy to imagine the average value continuing to decay down to $400 in 12-18 months. And that's what makes sense - at least, more sense than anything else.

A few brilliant traders will make money getting in and out during the decline, but all the other players here are just rearranging deck chairs on the Titanic. The only "charting" you need is the big picture here:

https://imgur.com/a/QTYOQyL

Unfortunately, there seems to be no reliable way to buy a put on BC for that time-frame, or I would.

I do not think the way you think, even though the market is falling now but bitcoin can still increase. I think in september the bitcoin price will get better and so will increase gradually.

Everybody is entitled with their own opinion. I think the manipulation via tether isjust an opinion and not the truth. No legitimate source that it is real. 2017 was the historic moment for bitcoin and cryptocurrencies. And it is not just a history because it will keep happening and wven be more than that. Bitcoin and crypto now is very useful and surely will be able change the way of payment and online transactions.