Quote from: xSkylarx on Today at 04:11:01 AM

Quote from: mk4 on April 28, 2021, 02:11:10 PM

It seems that this is the classic case of:

price increase: "adoption! to the moon!"
price drop: "mAniPuLaTiOn!"

Price corrections happen. I'd be more concerned if bitcoin just went up in a straight line without dips.

Most newbie just wants moon when they buy bitcoin or any other cryptocurrency. If the price goes lower than they bought, they easily panic spreading some false news on the internet. I don't know if they know the risk of it if it only keeps going up, they just think of their profit if the target price they want is achieved. Cryptos are really volatile so it is really hard to say if it is manipulated. Why would someone sell their holdings if they know many are waiting for it to go down and take that opportunity to buy.

Well, can't deny it everyone's love when his coin is surging up because they will have tons of profit and that is why we are here right to make a profit. However, the problem is when the coins don't meet their expectation like having a slight correction they get paranoid thinking that it is the end causing a panic over the internet. Correction is normal in a healthy market, not all the time it will surge up there will be still some who take a profit causing a drop. Regarding manipulation, it is really hard to tell if the market is getting manipulated perhaps I will only say that the market was manipulated if something big changes happen on it like a sudden pump or dump.