Re: BIGGEST DROP without a clear reason for it --> MARKET MANIPULATION
Market has been sinking for a long time... although the news comming are mostly good.. and today a drop fo 12% of marketcap without a clear reason?¿?
i only can think about : market manipulation!
I think you're jumping too early to a conclusion. This might a thinking fallacy (ignorance fallacy). If you don't know, doesn't mean the answer is the only thing that you can think about. Maybe they know what you don't know i only can think about : market manipulation!
BTC is supposed to be decentralized.. but i heard some time ago, this just the other way arround.. 2or 3 big mining groups have a 90% of the supply...
Obviously, there is no 2 or 3 party that control the 90% supply of Bitcoin. Did you mean 90% of the hashrate? That's not true. Even the cumulative top 5 total hashrate "only" accounts for 60% of the hashrate. I agree with the poster above, regardless what caused this drop, right now is a very good time to buy nevertheless. I've been expecting Bitcoin to drop below $6K since a few months ago (read my post history), thought it would never happen in 2018 considering how stable Bitcoin these days but it finally broke. I will definitely buy more of these cheap coins once I got some money in my hands.