Post
Topic
Board Speculation
Re: What is your Bitcoin price prediction for 2019
by
deisik
on 26/08/2019, 08:28:28 UTC
I personally think that it will at least come close to the ATH because there is some shady pumping going on by the whales.

Shady pumping? I usually see people only complain when the price gets dumped down.  Cheesy

Mind to explain what makes you think the pumping is shady? All I have seen so far is regular fomo activity combined with short squeezes. I can see how people get the impression that there is something shady going on with big green candles popping up out of nowhere, but it definitely isn't shady or manipulation

I have a ready and easy to understand explanation if you are curious

It is just a human nature to consider shady anything that people can't grasp and thus fail to understand. Basically, it is just an instinctive (read, kinda automatic and uncontrollable) reaction to events and situations which don't fit their idea about how things are or should be. People implicitly assume they are right, so when they are indeed proved wrong and there is no recourse to an imaginary Ignore button, the only option left is to assume that something shady is going on or taking place, i.e. someone deliberately trying to pull a trick against them. In other words, it is a protective mechanism for the ego which would otherwise get hurt and humiliated by the incomprehensible reality