Market movements like we have been watching since last night do stink! also buy orders have fallen from 8M USD to 4.5M during the last week which just can be buyers waiting for their paycheck but if the market magically recovers Monday morning and continues it's climb, it's a very stupid market manipulation move.
The number of eyes watching Bitcoin from all over the world now will trigger some press about the Bitcoin market being cornered and a bucket shop etc. making Bitcoin look like a pump and dump.
If such a story gets in the press with quotes from economists, it will be a fast death!
So if there is "a few" controlling everything, their lust for cheap coins puts the whole project at risk!
The number of eyes watching Bitcoin from all over the world now will trigger some press about the Bitcoin market being cornered and a bucket shop etc. making Bitcoin look like a pump and dump.
If such a story gets in the press with quotes from economists, it will be a fast death!
So if there is "a few" controlling everything, their lust for cheap coins puts the whole project at risk!
I think you have a nice conclusion with the wrong statements...
the manipulators want price to go up. This selloff was natural, many people sold small chunks, thats normal at this level. I mean... its time for many people to begin taking profits.
the manipulation was buying all the way up to $69 at market price, that was stupid manipulation and if this gets noticed by media, it will be a complete fail for everyone.
?
