Whats is happening to the market right now?
ETH is dropping as hell. 10% yesterday.
BTC still on the same!
Does anyone knows WHY?
this is just a kind of manipulation of the wholesaler's game to buy at a low price, they always create panic at the small traders to sell their coins, and I still believe that eterum and others will soon go to the moon
We can't control the manipulations unless there's a regulations behind eth platform, but I don't think this will continue to ponder. Whatever it takes the holder will not surrender even though right now many people perish a lot without any successful trades. Eth will soon recovers and survive the current trend happening.
Even if ETH gets regulated by the goverment or any cryptocurrencies get regulated , we still can not control it. Just look at those fiat, how many times it got pumped or dumped by them ? even because of that, some countries were facing a crisis. Manipulation is part of human, as long as you and them are human we can not avoid it.
beside manipulation, the reason why cryptocurrencies moved to the ground was due to fear and hesitation. a lot of thing happened with them when cryptocurrencies reached its peak a few months ago, losing their investment and even some of them were losing their house.