Bitcoin Forum

you have already noticed that the Manipulation has begun. the whales have dumped a very large amount of bitcoin in less than 20 minutes. this is never normal in my books.
the first 20 minutes of Bitstamp shows nearly 1000BTC dumped at once.

the last squeeze to get all the impurities aka weak hands out is getting real.

what will this dip be?
please vote

I noticed "the manipulation has begun" since January, lol.

I had a sell order just moments from going through then the whales started dumping.
That would have been a sweet gain if the whales could have just waited 10 or 20 mins longer, well thats the way she goes.


Anyway I think people are still feeling the burn from the last round, a lot of people will just shrug it off and say nope not this time.

From what I read it was some 4-5000BTC in a first step and then another ~2000BTC.
I also think it's an attempted market manipulation. Right on time a lot of newbie to jr members start crying out that Bitcoin is falling, Bitcoin is failing, new forks and so on.
I can't predict how low it will go, it depends a lot on how many such dumps can be done and if the weak hands get finally scared. For now the strategy seems to have failed, the market have eaten quite well the dumps and the price seems to keep recovering constantly after each dump.

The recent dump could be due to the factor that BCC is gaining some momentum, so some people are panic.

i voted for the second option because mostly i hope that is true :P
but my experience says some people will never learn. they will be manipulated again into selling when it is too late and feel the sour taste of loss like those who sold under $2000 recently.


yes, very momentous this BCC is.
another -11.87% drop today. (it is not even released yet and it is getting dumped, total -24.18% in less than 3 days)
another exchange saying they won't add BCC support today (how many is that now!).
much support, such wow...

from my prespective "the manipulation has begun" since the beginning,
because the price was not stable from the start and volatility.
but from OP prespective seems like he's talking about preparation for whales facing 1 August,
that mean 'manipulation' or i called it 'Bull Trap',because in my opinion we will see another huge down from here,or might be just around $500 or so.
but nothing goes wrong from my view,because Bitcoin always survive and stay strong for the past years

Manipulation is nothing new in the whole market of cryptocurrency...meaning Bitcoin and all the other alternative coins including the fake ones which has no chance to survive next month. Okay, as an unregulated and decentralized market, we are witnessing both volatility and manipulation in Bitcoin and I think they can even be tied together.

Anyway, I am sure that this time if Bitcoin can go down even to the $2,000 level there will be many buyer who will be back picking up Bitcoin as it can be a good opportunity for some profit-taking after August 1. Anyway, we are nearing the deadline and let's just watch what will happen in the Bitcoin ecosystem.

May be there are still some newbie traders out there who are still panicing after seeing viabtc announcement about hard fork. They should realize that viabtc doesn't have enough mining power compared to what other mining pools have that will support segwit in future.

I think that we gonna see the hard fork in August 1st and viabtc announcement would consider as true according to my view because they can help to accelarate the transaction as well as number of confirmations for the transaction also seems gonna increase in next month. We need to wait and confirm it.

I don't think it will go below $2000. Even with the uncertainty about the August 1 hard fork, the price was hovering around the $2k level.
Now there is no panic, although the price might dip when the whales dump.

Looking at the BCC price on viaBTC I also just wondering where said momentum is supposed to be. Which exchanges have made official statements regarding BCC so far? I only know of Coinbase.

These last few days before August 1 will be hard, the dumps and pumps will probably appear more frequently than usual and miners will playing games so be prepared for everything. I expect hard fork to be in place after August 1 and that everything gets back to normal so we have to be patent and with strong nervs in the upcoming days.

It has been already proved that if you panic and sell your coins during large dumps like few days ago we had due to hard fork rumor you will be the only one who will loss during such short dump.

If bitcoin price will dump during hardfork, i will buy more cheap coins for easy profit.

The big whales are giving it easily in the hands of bigger sharks who are getting ready with their missiles to attack with a hard pump once August 1 locks in.
This dip could be harder than ever and could even lead btc to 1400 or a bit more lower but not less than 1000 because it has got such a base which will not let it dump below that level.

Already,the manipulation has almost come to an end.Big whales have already had a great meal and now they are over expecting by dumping their bitcoins.But this time,i think that newbies will be careful enough to avoid selling their bitcoins at cheaper price.Thats why we could see bitcoin price has not fallen more.

it was a rough calculation based on the charts i can get from bitcoinwisdom. and i was only talking about the first stage not the total in longer period.


i admit this time was much slower and much harder to dump the price, that is mostly what i meant by this topic/poll. it doesn't seem to be at the end though. the price is still struggling. and when it does, the negative news which is mostly mixed with FUD pours in.

Nothing surprising in this. Whales are dropping bitcoins in order to reduce the price. They've invested a lot of money in it to provoke panic. Now they sell expensive and prices will fall, and then they will pay off from people who are afraid of cheap coins and after August 1, when the panic is over and the price will grow they will trade expensive coins.

The market listens to real news, not just price movements. There are people who held when bitcoin fell from $1200 to $300 and have held all the way up to $3000. Traders might be buying and selling, but nobody is panicking right now.

It seems you are not reading what others are saying here. The reason you gave is what the whales wants you to believe or what you gave yourself because I can't see the relationship between the two just like saying because ETH is rising then BTC should fall?. Its purely marker manipulation and beyond that, nothing else the market will kick start itself all over again.

nah, he has probably fallen for the hype and bought into BCC's fake price and has been losing money ever since he did so.
just a desperate attempt, don't read too much into it ;)