Quote from: Periodik on November 10, 2018, 03:25:12 AM

Quote from: nonconformist on September 14, 2018, 12:21:37 PM

I've heard that there are people wanted to suppress the price of bitcoin up to 95% from it's all time high. The article also said that they also suppressed the price of gold and silver. Maybe we are experiencing it right now. What do you think about this?

There will always be manipulation to a certain extent. The rich are the ones who can only do this. The simple investors, even pooling together, cannot influence a market that is in the billions of US dollars. While I think there are market influencers present not just in the crypto market but also in the stocks and in forex and in any market to be exact, they cannot dictate everything. Especially in crypto.

In fact, it is the influence of rich people on Bitcoin is very large. We underestimate their actions. They carry out their manipulations when it is convenient and profitable for them to do it.