We all know that no one can really predict the value of bitcoin. The volatility is to high and we could lose our investment even in a day. With the bloodbath that we experienced few weeks back there are lots of doubts and fears coming in. Is bitcoin's value really manipulated by whales? or its just that, most of the investors shifted to a different investment vehicle?
I really think the adoption of bitcoin is increasing everyday, but why is the value is not going on a bull? Please enlighten me guys! Thanks!
You should stop worrying about 'investors' abandoning Bitcoin. If the price of Bitcoin drops due to whales dumping, the price really won't stay down for ever. It is going to be a temporary blip, before the price recovers. If some people decide to shift to alternate investment vehicles, they really won't be missed by the Bitcoin community.