The quite good analysis from the author of Super Crypto. He conducts a research about the market fall reasons. Carries out the comparative analysis with the markets of precious metals and futures. Useful long-read as information for reflection.
4th Dimension: Bitcoin-Manipulation-Cartel — Price-Suppression is their Goal
Every market has three major dimensions and everyone knows that
1) Technical Analysis 2) Fundamental Analysis 3) Manipulation.
Cartel — The 4th dimension of the market
There is 4th dimension that exist in FEW Markets, Its called “Cartel”. Its primary Goal is “Price-suppression”. Please note — it IS NOT “Manipulation”.
Is Cartel Active in Crypto Space?
Absolutely, YES.
I called for Bitcoin correction of 95% before CME opened its doors. Check my Twitter account @Super_Crypto So far 70% of it is already in place. (But don’t expect 95% correction to happen in one shot. We will see many Rallies and Dumps in between. Nothing goes in a straight line. 20K is just the first inning. We are in for a long ride of a few years.)
Since When Cartel Is Active?
Cartel entered Crypto space somewhere in Oct-2017. Their presence started showing the HOUR CME-Futures Market Opened it doors for Crypto.
Bitcoin DUMP started exactly at the moment CME opened Doors at 5PM on Dec-17–2017. It still continues (image last updated Mar-10–2018)
Read more:
https://medium.com/@super.crypto1/4th-dimension-bitcoin-manipulation-cartel-can-it-be-burnt-no-way-c53de65c166aTwitter: @Super_Crypto
Medium:
https://medium.com/@super.crypto1I in many respects agree the author of article.
There are several moments which are difficult for explaining with simple combination of circumstances.
1) The moment of an entrance of Big money matches with the pumping of the crypto market.
2) A prohibition simultaneous (almost) on advertizing ICO and cryptocurrencies in the leading Internet giant.
3) The fall in the market does not coincide with a multiple increase in investments in blockchain-projects. Investments continue to increase despite the fact that 80% of projects in 2017 failed
4) 30% of investments - money of venture funds or rich private investors. And it besides, in spite of the fact that 80% of projects of 2017 failed
More than a half of investments into ICO in 2018 were collected at a stage of the closed sales and Pre-Sale. TokenData statistics demonstrates to it.
Total amount of the funds raised in 2018 constituted about $2 billion, at the same time $1,63 billion were invested by private investors during the closed rounds.
More than half of all investors in 2017 invested no more than 1 ETH.
But all the small investors invested barely 1 % of the total amount invested. This is a sign that ICO was not as public as it looks. Also, a large number of small investors might be considered a potential part of the ICO investments market. I assume small investors who were successful could have invested more. The main impact was made by mainly medium and big investors.
All this doesn't correlate with fall of the crypto market in any way
https://medium.com/@fisherinfo/what-is-common-among-best-icos-58913928e38https://www.reddit.com/r/ICOAnalysis/comments/7t2xdg/ico_analysis_financial_approach/