Do you agree that this is done intentionally and these swings up and down are arranged by those who do it deliberately and trying to redistribute Bitcoins from millions of small holders in the hands of the richest people of the planet?
With Best Regards
I don't believe in that, because it sounds like yet another conspiracy theory - people talk about it, without showing any evidence - no leaked texts, no names of the suspects, no investigations, just some mysterious whales and manipulators. You can apply Occam's Razor here and make a much simple explanation for volatility - it's simply here, because Bitcoin is still new, still wasn't massively adopted, still has uncertain legal status. I don't see anything anomalous in Bitcoin's market, there's plenty of non-crypto markets that are just as volatile.