If it only happened once then it might have been a coincidence.
It's not a coincidence but either someway people think it’s bad or manipulation. Each time they announce of buying BTC, price goes down a bit usually. It should be up but going down. I don’t know why but people may think of it as bad because of someone getting more influence in the market. Maybe people are evaluating in that way lol.
Topic: Microstrategy rug us again? - page 4. (Read 645 times)
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If it only happened once then it might have been a coincidence.
It's not a coincidence but either someway people think it’s bad or manipulation. Each time they announce of buying BTC, price goes down a bit usually. It should be up but going down. I don’t know why but people may think of it as bad because of someone getting more influence in the market. Maybe people are evaluating in that way lol. 
Also saw this news that Saylor bought bitcoins again. On the one hand it is very positive news, because if they are buying, there is bound to be growth in the long term, they have never been wrong. But it very often happens that after they buy, the bitcoin price goes down in the short term. Basically, we can expect that now to buy some bitcoins as well!
Bitcoin sharply drop after Microstrategy announced they purchased a total of 4167BTC. The price is building a bullish momentum when the price drop coincidentally after the announcement. This is not the first time happened that involves whale company announce positive new while price moves in opposite way.
Does this institutional investors manipulating the price or traders is just using there news as a negative signal?
Does this institutional investors manipulating the price or traders is just using there news as a negative signal?
I've found a "sharp drop" only when zooming in to 1h or less.
The price has fallen back to the awful value we had at midnight. I am surprised you survived the price we had 4 days ago...
No. For now it's a dip for ants (Bitcoin price can easily change even 8-10% per day, now the overall is -1.30%) and I advise you look at the charts set to daily. It would benefit your hearth and your sanity on long term.
About manipulating - everybody who can earn a dollar off manipulating the market, will do it. And a lot of whales go by "buy the rumor, sell the news"; well, they've just "sold the news" (the whales, not MicroStrategy)
On long term, compared to what is that Korean guy planning to buy, this is really small.
Bitcoin price will keep going up and down. Manipulation may or may not be involved. Try to stop panicking because of that.
Think about it. Would it make sense for them to want the price to drop, literally just after pouring 200 million dollars? Wouldn't it make more sense for them to want the price to drop before their purchase?
Something something correlation is not causation.
Something something correlation is not causation.
If it only happened once then it might have been a coincidence.
I doubt microstrategy are doing market buys and just pushing the price up however most of microstrategy's announcements of buys have been near a downturn so maybe that's what people are expecting - this mightve just been part of a dca or an evolution of their strategy to match the market.
I doubt microstrategy are doing market buys and just pushing the price up however most of microstrategy's announcements of buys have been near a downturn so maybe that's what people are expecting - this mightve just been part of a dca or an evolution of their strategy to match the market.
Bitcoin sharply drop after Microstrategy announced they purchased a total of 4167BTC. The price is building a bullish momentum when the price drop coincidentally after the announcement. This is not the first time happened that involves whale company announce positive new while price moves in opposite way.
Does this institutional investors manipulating the price or traders is just using there news as a negative signal?
Does this institutional investors manipulating the price or traders is just using there news as a negative signal?
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