Topic: What IF? - page 2. (Read 372 times)
I don't think its a "smoke screen" at all. With the rapid growth of Bitcoin in just over a month going to 20,000$ there is no doubt in me that the market confidence will also shrink that one massive selling will give a big panic selling in the market. And if this "moon" happen too fast again we will just see another repeat of what is happening now. Which means another profit taking will happen. The only good thing that will happen is to start things slowly to make traders start buying cryptocurrency again.
I'm not really fond of conspiracy theory but i read one theory about manipulating price and it seems more logical than just buy low and sell high. Here is the topic link https://bitcointalksearch.org/topic/m.32733172 and medium link https://medium.com/@super.crypto1/4th-dimension-bitcoin-manipulation-cartel-can-it-be-burnt-no-way-c53de65c166a which has been suspended.
I'm not saying that there exist some sort of cartel that manipulating the price rather than the state government trying to control and supress the price but camouflage themselves with other names, in the end its about making profit that matters and the logical way to think is who has much money to control the market than the market maker itself? When they start implementing futures contract for bitcoin, they can manipulate the price even without having bitcoin to sell at high. All they have to do is own much money to dump sell order in a certain price and the price will start to dropped.
And one more thing, the government already owns a large debt that increasing every year. How will they pay it if export and taxes can't cover all that interest?
I'm not saying that there exist some sort of cartel that manipulating the price rather than the state government trying to control and supress the price but camouflage themselves with other names, in the end its about making profit that matters and the logical way to think is who has much money to control the market than the market maker itself? When they start implementing futures contract for bitcoin, they can manipulate the price even without having bitcoin to sell at high. All they have to do is own much money to dump sell order in a certain price and the price will start to dropped.
And one more thing, the government already owns a large debt that increasing every year. How will they pay it if export and taxes can't cover all that interest?
This can be possible scenario. We all have thought about it once in a while. Thanks for putting it in words.
The scenario where price is being manipulated for accumulation is very troubling because it actually takes the capital away from all small investors who put in money during FOMO runs.
I think we should start discussing how we can identify and do something about such manipulative scenarios.
1. Can we track the addresses which are making such simultaneous transactions for consolidation?
2. Is there a way to link those addresses that are supposedly involved in such consolidation? It's a given that they won't be buying off exchanges but rather directly from the miners or big holders.
3. Normal investors must say no to FOMO and only invest what they are willing to lose. That way, you don't lock your capital at ATH.
The scenario where price is being manipulated for accumulation is very troubling because it actually takes the capital away from all small investors who put in money during FOMO runs.
I think we should start discussing how we can identify and do something about such manipulative scenarios.
1. Can we track the addresses which are making such simultaneous transactions for consolidation?
2. Is there a way to link those addresses that are supposedly involved in such consolidation? It's a given that they won't be buying off exchanges but rather directly from the miners or big holders.
3. Normal investors must say no to FOMO and only invest what they are willing to lose. That way, you don't lock your capital at ATH.
Nah! This is way above normal correction or people taking small profits with every spike in the price!! Based on the impulsive selling whenever there is a likelihood of a break out, totally make it seems there are just some cartels who have ganged up against the growth in value of bitcoin (charts don't lie, you should see the response on the candles with the dumps and the bulls hiding in their caves).
I absolutely share the same theory with you and since we had the announcement of CBOE and CME future trading, I suspected this day would come as that seemed more like the ushering in of killer whales in the market; totally different from the usual bitcoin whales we've always had. When you have a breed of manipulative investors in the market, who already have series of certificate and PhD in manipulations, my theory is that they would definitely want to drive the market down as much as they can, to be able to have a huge position for the future.
However, nothing good comes without paying some price for it, and if it keeps going like this for a while, unfortunately, the small fishes are the ones who will be suffering it, most especially when they have bought at the peak, except for those who are not bothered, understood what they are holding and already know there is a looming great future for bitcoin but we all know most new investors from last year got in to get rich quick.
I absolutely share the same theory with you and since we had the announcement of CBOE and CME future trading, I suspected this day would come as that seemed more like the ushering in of killer whales in the market; totally different from the usual bitcoin whales we've always had. When you have a breed of manipulative investors in the market, who already have series of certificate and PhD in manipulations, my theory is that they would definitely want to drive the market down as much as they can, to be able to have a huge position for the future.
However, nothing good comes without paying some price for it, and if it keeps going like this for a while, unfortunately, the small fishes are the ones who will be suffering it, most especially when they have bought at the peak, except for those who are not bothered, understood what they are holding and already know there is a looming great future for bitcoin but we all know most new investors from last year got in to get rich quick.
What IF this is all a smoke screen?
We have seen a constant price suppression for a while now. Just as the Bitcoin price wants to break out, it is being pushed down again. Why would that be? Well, it can be several things :
~ Normal corrections.
~ People taking small profits with every spike in the price
~ Manipulation to keep the Bitcoin price low, to slow down adoption.
~ Price manipulation by people invested in Bitcoin Futures to keep the price stable.
My latest conspiracy theory is this :
Someone has seen the future They recognised that Bitcoin will be going to the Moon soon, and they want to buy as many coins as possible before this happens. How do they do that? Well, by buying a lot of coins and then gradually dumping those coins back onto the market, with every bad news that are announced.
They only need to trigger a panic response with every little dump, to push down the price. So it requires a lot less coins to do that. They cannot dump all those coins at once, because it will tank the price, so they dump it slowly.
This is where the Long Con is coming in. As soon as the price hits a All time low, they start aggressively buying back in at a much lower price again and this triggers a buying frenzy again.
Rinse and repeat and you make tons of money, selling on the way down. When it is at a all time low, they can buy back massive amounts of coins at a very low price to maximise their profit, when it goes to the moon.
This is the only thing that I can come up with, to explain the economy behind this price movement. What do you think?
We have seen a constant price suppression for a while now. Just as the Bitcoin price wants to break out, it is being pushed down again. Why would that be? Well, it can be several things :
~ Normal corrections.
~ People taking small profits with every spike in the price
~ Manipulation to keep the Bitcoin price low, to slow down adoption.
~ Price manipulation by people invested in Bitcoin Futures to keep the price stable.
My latest conspiracy theory is this :
Someone has seen the future
They only need to trigger a panic response with every little dump, to push down the price. So it requires a lot less coins to do that.
This is where the Long Con is coming in. As soon as the price hits a All time low, they start aggressively buying back in at a much lower price again and this triggers a buying frenzy again.
Rinse and repeat and you make tons of money, selling on the way down. When it is at a all time low, they can buy back massive amounts of coins at a very low price to maximise their profit, when it goes to the moon.
This is the only thing that I can come up with, to explain the economy behind this price movement. What do you think?
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