Post
Topic
Board Speculation
Re: Why does the Bitcoin price keeps nose diving?
by
ProperFerret
on 28/11/2018, 20:43:41 UTC
Well we can see that there are FUD everywhere and the one that will give Bitcoin a breather is moved till next year of Jan.  Isn't this obvious?  The market is somehow being manipulated, probably a huge entity wants it to buy at its lowest and created an issue and confusion that started during the BCH war and they are successful in shaking weak hands.  In short, an upsurge of Bitcoin supply that is on sell wall overwhelm the buy order and sadly those who are buying adjusted their buy order to gain more profit when it is fulfilled.

Could it that people need to now trade bitcoins on other platforms that are independent and not sold out to the corporations that see them and other cryptos as a threat.