Post
Topic
Board Bitcoin Discussion
Re: Crypto Whales May Be Behind The Current Bitcoin Surge
by
Flight-87
on 13/05/2019, 18:54:09 UTC
bitcoin surge happens when fiat moves to exchanges and if whales were behind it then you had to look at their bank accounts where they trasfer fiat to buy bitcoin increasing its price, not the bitcoin blockchain!!!

ps. we had 4 huge news today leading to this rise. 5 if you count the price rise and the FOMO itself:
1. Microsoft launching a tool on bitcoin blockchain
2. eBay supposedly planning to accept bitcoin
3. BAKKT announced futures
4. Starbucks, Nordstrom, whole foods now accept bitcoin payments

p.ps. the drop below $6k was whale manipulation months ago. this is just market going back to normal after that manipulation was over.

That news was there for months but bitcoin continued to losing value.

Well said bit, just the right answer to stop the brag of BrewMaster.
What I see and believe is Every big move is a manipulation in BTC game. MS, Bakkt, eBay or any big names accepting BTC? Even that news is a part of this game too.