Re: Is there manipulation of sharks ?

Quote from: rose9696 on September 07, 2018, 06:44:31 AM

Quote from: boyknightvn on July 11, 2018, 02:30:01 PM

I feel that sharks (Big traders) haven't collect enough Bitcoins. You can see that there were scandals when Bitcoin price rose. The scandals were exchanges hacked, China suppressed Crypto, etc whenever Bitcoin price up.
It's not a good news for Bitcoin and prevent price rise but it still rising, is this a signal that Bitcoin coming back ?
How do you think about it ?. I want to know your opinion

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Thank you

I think the Crypto market is a collection of complex and unclear sequences. Everything is always in silence and only God knows what they are doing. But I feel that this is a market being exploited by the sharks. They use Crypto to launder money or evade state tax authorities. But Blockchain technology is still there and I believe the future of Crypto will be good if it is improved properly.

There is no market that is not manipulated and we should not forget that and manipulations come in different forms. As long as there would be some in the bigger positions with a lot of the funds, controlling a market will not be a problem.

That being said, the only thing that makes the crypto market different from other market is the fact that it is new, the market is decentralized with no form of regulation whatsoever compared to other mature markets where manipulations are limited to a very good certain extent.