Huge 462.9 hidden bid at Finex. Hundreds of coins bought so far.
Hundreds of coins dumped so far...
There will be big dumps along the way if bitcoin goes down to $440 and less, Winklevoss twins and Tim Draper could panic sell.
I would think that Draper and Winklevii aren't worried about their next meal or their retirement. No need to panic. They, along with GABI, are actually watching all this with some glee. Doesn't hurt any of them and might actually help.
Vuduchyld - Even though you are suggesting that neither Draper nor Winklevii are manipulating, you are also stating that they ARE profiting from whatever price lowering and/or manipulating that IS occurring.... In other words, you are implying support for the conspiracy theory which suggests that they have an insider's incentive to manipulate and to make EVEN more money.
ftfy
hope I did it right
Hey JayJuanGee...this thread is moving so fast that I missed your post above.
Honestly, I don't know. I was mostly just responding to the notion that Winklevii and Draper could panic sell. I highly, highly doubt that would be the case.
One thing I've noticed as I've aged is that I'm generally a better trader. I'd like to attribute that to accumulated wisdom, but in fact, it's more likely just a function of the accumulation of more assets. I know I absolutely do NOT care what the price is today, tomorrow, or next week. I assess value and nothing the market tells me about PRICE influences my perception of VALUE. I've bought more in the last few days than I expected to buy, I can tell you that. In my opinion, the price-to-value proposition dictated it.
In my younger days, or days with less security, I would unintentionally find myself too emotionally attached to PRICE. I've certainly panic-sold stocks. People like the Winklevii and Draper have literally NEVER wondered where their next meal was coming from. I literally have...and I don't anymore. And there is a difference in how I trade now. And if I'm wrong? Really doesn't matter. Whatever happens, my toes are still tappin'.
Do they have the power to manipulate price, as whales? Maybe. I'm almost certain that they could INFLUENCE it, at the very least. Are they doing it? I have no clue.