No doubt, but you said above is true if Bitcoin price got manipulation from whales. Pump and dump is normal in cryptocurrency since Bitcoin price is high volatility, example last week the price down from $10k to $8,1k in around 30 minutes.
But I don't like you said when the whales or journalism told to sell bitcoin because of cons reasons and buy bitcoin because of pros reasons. I mean, IMO you didn't have much knowledge about bitcoin and didn't know what you invest for. Seems you're only pure following whales or journalism, it's like you doing pure copy-trading from an expert trader. Do you think after you do copy-trading, you will become an expert trader like you thought before?
All you need is knowing what you invest for
Topic: Possible to Manipulate bitcoin price?? - page 4. (Read 1081 times)
Shortly: It is definitely possible!
There are always manipulations, from whales, from exchanges on any financial markets, not only crypto market and crypto exchanges. Have you ever thought why we have news, real, fake, delayed ones? In addition, news always bring markets move up or fall down.
Without price manipulations, we don't have real market because we don't see waves in which we can earn profits if we are smart and get losses if we are stupid and unable to control our greedy trading behaviours.
There are always manipulations, from whales, from exchanges on any financial markets, not only crypto market and crypto exchanges. Have you ever thought why we have news, real, fake, delayed ones? In addition, news always bring markets move up or fall down.
Without price manipulations, we don't have real market because we don't see waves in which we can earn profits if we are smart and get losses if we are stupid and unable to control our greedy trading behaviours.
Manipulating bitcoin price is easily possible & Controled by big fish Trades, whales & holders. If we notice bitcoin chart from January 2017 to till 2020, Eerywhere indicates manupulation. After making market bullish, they told us a fairy story that bitcoin is illegal. Can be stolen by hackers, Reasons for money laundering and so ban by usa, china, india or bla bla bla. Then people sell their hodling share to save theirs balance and thus market drops.
Then Big fish buy bitcoin with low price & start saying that:: bitcoin have a great future. Will hit $100k this year, will hit $1M soon etc etc and makes us crazy to investment in bitcoin again. So Pump-dump Pump-dump is going on & on and they make profit from It(Us). Small traders like us, are in loss after all. I hope soon some celebrety will have revails about how much bitcoin they have & tell us to buy bitcoin so that bitcoin will hit $20k soon as 2017 and then.....
Then Big fish buy bitcoin with low price & start saying that:: bitcoin have a great future. Will hit $100k this year, will hit $1M soon etc etc and makes us crazy to investment in bitcoin again. So Pump-dump Pump-dump is going on & on and they make profit from It(Us). Small traders like us, are in loss after all. I hope soon some celebrety will have revails about how much bitcoin they have & tell us to buy bitcoin so that bitcoin will hit $20k soon as 2017 and then.....
So its the same on all market then not just in crypto, lol
Manipulating bitcoin price is easily possible & Controled by big fish Trades, whales & holders. If we notice bitcoin chart from January 2017 to till 2020, Eerywhere indicates manupulation. After making market bullish, they told us a fairy story that bitcoin is illegal. Can be stolen by hackers, Reasons for money laundering and so ban by usa, china, india or bla bla bla. Then people sell their hodling share to save theirs balance and thus market drops.
Then Big fish buy bitcoin with low price & start saying that:: bitcoin have a great future. Will hit $100k this year, will hit $1M soon etc etc and makes us crazy to investment in bitcoin again. So Pump-dump Pump-dump is going on & on and they make profit from It(Us). Small traders like us, are in loss after all. I hope soon some celebrety will have revails about how much bitcoin they have & tell us to buy bitcoin so that bitcoin will hit $20k soon as 2017 and then.....
Then Big fish buy bitcoin with low price & start saying that:: bitcoin have a great future. Will hit $100k this year, will hit $1M soon etc etc and makes us crazy to investment in bitcoin again. So Pump-dump Pump-dump is going on & on and they make profit from It(Us). Small traders like us, are in loss after all. I hope soon some celebrety will have revails about how much bitcoin they have & tell us to buy bitcoin so that bitcoin will hit $20k soon as 2017 and then.....
Jump to: