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
Well said! Someone with a lot of capital is trying to manipulate the price only to buy a lot cheaper. New investors are very sensible for such manipulations, and sell coins very cheap. What is happening means only that soon the price will go to space!
That is the strategy of the big investors, they do that because when they succeed in getting a low price many people who own coins will panic sell and that can be one way to get prices and pump easily. including what is experienced by eth coins.