I don't think that this is exactly price manipulaiton.
Those crypto news sites publish only what the people want to read.Most of the crypto users want positive,optimistic news about bitcoin and the other cryptocurrencies,so those crypto news blogs just serve that purpose.If the bitcoin price does up after a bunch of optimistic publications in those news sites,this is a self-fulfilling prophecy,not a price manipulation.
Topic: This strategy is mostly used for price manipulation - page 4. (Read 776 times)
99% of the things you read from news sites is not written to manipulate! they are publishing those articles to get clicks and earn money from those clicks. they don't care even if bitcoin dropped to 0 or went to $1 trillion. in both cases their source of income is from those clicks aka the traffic they get.
with that said when the community is desperate for seeing positive news to justify the rise that we are having they start publishing positive news and quote people who said "bitcoin to the moon". and when the community mood is otherwise they start quoting those who said "bitcoin is gonna die".
it is more like moving with the wind rather than wanting to cause the wind!
with that said when the community is desperate for seeing positive news to justify the rise that we are having they start publishing positive news and quote people who said "bitcoin to the moon". and when the community mood is otherwise they start quoting those who said "bitcoin is gonna die".
it is more like moving with the wind rather than wanting to cause the wind!
Thanks for your sharing.
But I think we can combine with the move of money (BTC or altcoin) to guess the next action of whale.
Do you know any source that allow we find transactions of all of big wallet ? If yes, can you share it ?
Thanks a lot
But I think we can combine with the move of money (BTC or altcoin) to guess the next action of whale.
Do you know any source that allow we find transactions of all of big wallet ? If yes, can you share it ?
Thanks a lot
Price manipulation is done by using many ways.Publishing speculative news in favour of boosting bullish trend is a way.Here on the below link,we could see that news sites continuously release news that bitcoin price is to boom.If we see such moves,we should be cautious about investing otherwise we may get fooled and we might have to regret for our wrong investment.Don't let news media to decide your fortune.
https://www.reddit.com/r/Bitcoin/comments/9dimq2/headlines_two_days_ago_this_is_how_market/
https://www.reddit.com/r/Bitcoin/comments/9dimq2/headlines_two_days_ago_this_is_how_market/
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