I've heard that there are people wanted to suppress the price of bitcoin up to 95% from it's all time high. The article also said that they also suppressed the price of gold and silver. Maybe we are experiencing it right now. What do you think about this?
We call them "whales". They do all that they want due to their resources. 
Topic: Do You Believe that there is a crypto cartel suppressing the price of BTC? - page 3. (Read 510 times)
September 14, 2018, 08:55:00 AM
September 14, 2018, 08:48:20 AM
I do not know, but it's possible. Market value is still too low for giant business people.
September 14, 2018, 08:35:32 AM
crypto can occur with an unpredictable increase, you can see the history of btc increase last year from $ 6000 can continue to increase to $ 20k, indeed this year is very different but we remain optimistic
September 14, 2018, 07:46:17 AM
Being a decentralize currency this can possibly be controlled by those whales that owns huge amount of bitcoin as they can create FUD that will panic the weak investors to sell their bitcoin to make the price lower and then they will buy at lower price. This is same principle in traditional investment as those who owns bigger shares has a control the market.
September 14, 2018, 07:37:50 AM
I think people are dumping to create a FUD so others will dump to and they can fill their pockets cheap for the next bull run because I think the price of bitcoin will indeed reach 100,000 dollars and more but the only question is when... so those people want to make big bucks and sell for a fortune. If I had the money to do this I would do it aswell... but unfortunately I dont so this is more proof that we need more decentralized money... more people need to own bitcoin so nobody has so many bitcoins that he can dump it on the others... but this is just my 2 cents.
September 14, 2018, 07:29:48 AM
indeed it seems like that, crypto prices are currently depressed, and I think it takes quite a long time to recover.
September 14, 2018, 07:26:58 AM
I think that's quite possible.
If earlier the price of bitcoin was 20, 000 dollars.
If the price falls by 95%, bitcoin will have a cost of 1, 000 dollars. And this is quite real in this mood of the market
If earlier the price of bitcoin was 20, 000 dollars.
If the price falls by 95%, bitcoin will have a cost of 1, 000 dollars. And this is quite real in this mood of the market
September 14, 2018, 07:21:37 AM
I've heard that there are people wanted to suppress the price of bitcoin up to 95% from it's all time high. The article also said that they also suppressed the price of gold and silver. Maybe we are experiencing it right now. What do you think about this?
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