The only victim will be the people who give these magazines credibility.
Frankly, I do not understand people how to invest huge amounts of money, for example, 50 thousand dollars, because of a tweet by Elon Musk or a recommendation in a magazine without doing some studies.
We cannot consider it market manipulation especially if there is a small line at the end of the article like “This is not investment advice.”
Advice is if someone asks others to invest and will ensure that they achieve profits with obtaining that money.
Topic: Deception of manipulators or new rise in prices? - page 3. (Read 413 times)
and I think that market makers will not raise prices now, because many people bought bitcoin in the range of 45-60 thousand dollars.
I'm not that much convinced that you're correct since in the last year the trading volumes weren't so great.
While indeed, some could have been buying in around the first months of 2021, afterwards there weren't so many new buyers, especially knowing that certain institutional investors kept buying and stashing all they could. (..and the price still managed to jump to 69k despite the low volumes)
So while I clearly don't agree with those "known bloggers" strategies (I'm not convinced they care much of crypto as long as they get so many followers and probably income off them), I can't really tell that your conclusion is that much correct either, especially with so many good news (about adoption) coming. But maybe I'm wrong... I don't have a crystal ball, so I can't tell anything for sure.
Two well-known bloggers with a large audience are talking about the rise in the price of bitcoin.
https://twitter.com/MMCrypto/status/1490958391048810496
"#BITCOIN IS EXPLODING!! [finally]"
https://twitter.com/TheMoonCarl/status/1490988524920709127
"#Bitcoin to $100,000 this year or I delete my Twitter account..."
According to the laws of the market, most participants lose their money, and I think that market makers will not raise prices now, because many people bought bitcoin in the range of 45-60 thousand dollars.
I think that this is a big deception and a trap, after which the price will be reduced first to the range of 32 thousand and then even lower, for example, by 25 thousand.
https://twitter.com/MMCrypto/status/1490958391048810496
"#BITCOIN IS EXPLODING!! [finally]"
https://twitter.com/TheMoonCarl/status/1490988524920709127
"#Bitcoin to $100,000 this year or I delete my Twitter account..."
According to the laws of the market, most participants lose their money, and I think that market makers will not raise prices now, because many people bought bitcoin in the range of 45-60 thousand dollars.
I think that this is a big deception and a trap, after which the price will be reduced first to the range of 32 thousand and then even lower, for example, by 25 thousand.
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