Topic: Theory on the real cause of today's chaos - page 2. (Read 348 times)
Pretty old and recycled theory. I think there has been a lot of evidence, maybe not enough proof yet but there is more research that indeed finds some behaviors of manipulation going on in exchanges, especially since early adopters held a lot of coins, big enough, if working in groups, to make price movements desirable for them. I think a lot of the whales made profit since November, and now they are preparing this crash so they can buy back into crypto even more. Imagine all the Tethers waiting to buy now.
Hi folks.
Just sharing this interesting views of a poster on reddit:
It is likely that such drop is clearly caused by manipulation indeed, I find this theory interesting.
One can also notice that every year since 2015 there is always a drop in January and this may be also due to Chinese new year. This is also possible but I don't believe small holders will cause such drop, so the hedge funds theory is more likely.
You can read more here > theory on the real cause of today's chaos
Just sharing this interesting views of a poster on reddit:
Quote
The cause of today's chaos is likely large hedge funds using expiring BTC futures contracts as safety nets to exploit the only sure-thing in this market: a large amount of new/overextended investors who are easily moved to panic sell during a flash-crash.
It is likely that such drop is clearly caused by manipulation indeed, I find this theory interesting.
One can also notice that every year since 2015 there is always a drop in January and this may be also due to Chinese new year. This is also possible but I don't believe small holders will cause such drop, so the hedge funds theory is more likely.
You can read more here > theory on the real cause of today's chaos
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