Bitcoin Forum

Hello y'all, I recently noticed something about Bitcoin, it seems that the countries that have more users of the crypto are manipulating the currency behind the scene. Forget the issue of it being demand and supply. Take a look at when China brought up a regulation on bitcoin in the country, the price of bitcoin dropped rapidly, so that the rich elites can buy much of the currency during that period since the price is now lower.

This is what am guessing though and I shouldn't be criticised since we're in a free world in which nothing is free. ;D ;D ;D

what do you mean when the price goes down chinese buys a lot of bitcoin and then they sell it when the price goes up?

I mean when China made the regulation the price dropped right, so during that period you could buy more bitcoins at a lower price then hopefully it would pick up.

So maybe if China lifts the restrictions then the price can rise faster.

So basically you're saying if you decrease(or ban) the supply - the price goes up.

Groundbreaking discovery.

Nonsense. It is not manipulation but rather that's the market's reaction since the stance of the Chinese investors lowers because of China's regulation but it recovers despite of it whoch proves that Bitcoin is well distributed worldwide and China alone can't bring down Bitcoin.

I think enterprevic means that the Chinese themselves took profit from this, this has happened millions of times with stocks. Your post will make sense if you know that in the near future China will lift the restriction on ICOs, but in the present situation I am not sure any manipulation occurred to be honest.

I don't agree... the market psychology has its cycle and of course the market (people) decides when to sell and when to buy, not China. Imagine this - even though China bans cryptocurrency, if people from outside of China won't sell, the price wouldn't go down. Therefore, it's more appropriate to say that it is the NOOBS who were manipulated, not BITCOIN.

I doubt they were able to capitalize on the dip. Japan took up where China left off after all. The Chinese in general were fairly panicky because of all the uncertainty. That being said, governments can manipulate the price to some degree with their regulations. Most are not large enough to make a significant impact though.

It is very hard to picture this as it would need a massive manipulation to affect the market like it is unstable today. Bitcoin just like every stocks depend on several and myriad variances in which its prices are being based upon and yes one change can make a difference but it has to be monumental. L

It could be that way, you never know. That's the cool thing about Bitcoin, that addresses don't have to include private information to create them. However I think it's a little bit of a conspiracy theory, because why would they do it. It also would cost them an insane amount of money to get enough power to manipulate the price.

I don't know what made you think bitcoin has being manipulated. We all know that, from last year onwards Chinese government was against cryptocurrencies and no wonder this year they banned the usage of bitcoins. We all are humans and its human nature to panic quickly and because of that many sold their coins. Because of that btc price went down . In this matter frankly speaking, I don't see any manipulation here.

there is always going to be a certain level of manipulation in all the markets and bitcoin is no exception. in fact things are more severe in bitcoin because it is a small and unregulated market.

but to say "the countries that have more users" and then say "China" doesn't make sense. there may be a lot of traders in China but not users. and the price drop and the manipulations were mostly in USD market not the CNY one. CNY price dropped hard to 30-40% lower than USD equivalent!

I think bitcoin can not be manipulated by any country. The state can only make the rules of bitcoin circulation in the country, from the celebration can harm or benefit the owner of bitcoin.

I think what they meant by manipulation is someone pushing up the bitcoin prices or pushing the bitcoin prices down, just how people do it in the stock market. Not necesssarily have to be done by a certain country.

Good point, this is an open market movements, it is uncontrolled so easy to expect that some body play with it to make profits. We will see much more fluctuations in coming days as I expect.

Who says all that information is coming from the actual government? I bet multiple sources twist or thicken the story to their own benefit.

You are thinking exactly the same as what I think but it's not just about them. The real thing about it is the one that you are trying to forget the issue of it's supply and demand. But who really knows if there is a sabotage in the market of bitcoin as it's a normal thing into something that is really profitable. Even in different business sectors there is a manipulation that's happening like in electricity, banking, retailing and other industries.

If that's the case I think they're not aware on what is written in bitcoin, not literally written but the characteristics per se of bitcoin, it is naturally madw being decentralized , in which no one can hold general control aside from his own account, this is what makes a bitcoin unique and yet doing some thing behind the scenes? I think thats abide the law.

It is difficult to say whether this is really intentional manipulation of the bitcoin markets or not. When a large country like China puts bans or restrictions on bitcoin trading it follows from natural market forces that the BTC price will fall somewhat due to Chinese traders cashing out to withdraw or move BTC somewhere else, not to mention the FUD (fear, uncertainty, doubt) effect from the news itself, which tends to affect even non-Chinese traders on a psychological level. This does not necessarily suggest intentional manipulation; it is quite possible that the Chinese government simply wants to introduce regulation to this particular market sector and/or clamp down on fraudulent activity.

This is how corporates and illuminati groups always catch the international shares and ruling the most of the corporate companies under their control. Whenever the price starting to dump in the price index that time we have to be careful and should not sell out the coin for fortnight atleast. There is a supply issue will happen if mass holding happens from every side. Then according to supply and demand theory bitcoin price will bumps up.

Be it demand or supply, manipulation had always been there. But it's not country based now as when China tried to back off of Bitcoins, there were holders and supporters who managed to take the price back to where it was. It shouldn't be considered manipulation but a "dump" of Chinese in their exchanges to shift their money from their own country to offshore countries and to its vie, others joined the "party". And I hardly believe there will be any in China who will now take their funds back to the country while their government is planning to "regulate" Bitcoin exchanges through licensing techniques. The drop may be due to one single country but buyback was being done by the entire force that was inserted through other countries being listed in the top 10 countries in terms of trading and usage of Bitcoins.

Yes most of the assets that is listed in trading platform are always being manipulated by rich guys and same goes for bitcoin. However its quite easier to manipulate crypto market because of very low marketcap and high number of newbie crypto traders.  ;D

The one who have been with crypto trading for years have also bought large stack of bitcoin when it was being dumped due to Chinese BAN fud along with those rich manipulators from china.

I think you have raised a valid point. That's how the market can be manipulated by certain individuals or entities from behind. You may add Jamie Dimon as one of the master manipulator when he announced that bitcoin is a fraud or like it to a tulip bulb. The price plummeted but they secretly bought huge amount of bitcoin at floor price and sold it when the price goes up again. It is very fraudulent, but no one can stop this practice because bitcoin is de-centralized. But as for China, I really believed that they didn't do it purposely, its that the timing of their sudden anti-bitcoin stance is not right.

I think so too, it's one of the big financiers or whales, by making negative news about bitcoin and following the big selling panic, that's where the game is started by the financiers by buying cheap prices, my advice for bitcoin users should not be easily affected by panic selling.

in my opinion, this might be true because most of them who are investing in bitcoin are business minded and this is their way of doing their business - Always buy low and sell high. What we can do when the big players play like in this case, is for us small players to go with the flow or ride with the wave/trend of bitcoin's price volatility. We must know when to enter and when to overcome greed and exit when you gained enough profit.

Exactly what I meant I didn't mean like it is being manipulated directly, it's just that since the chinese know that they've got a stronghold of the market they just make policies that cripple the currency so investors can buy during then when the price is low. ;) ;) ;)

Well, we never know. That could be possible. Most of the big whales came from China. They can bribe some personalities or government staffs to create some FUDs to scare people and eventually sell their bitcoin because they are panicking. Also they could bribe media to spread and sensationalize the FUDs.  Look at JP Morgan CEO Jamie Dimon statement. The media sensationalized the statement and people buy their drama. There are rumors that they actually buying at the dip. Seems like a pattern to me. China drama don't work anymore. So another drama is created by Jamie Dimon. People buy that but not last long because people now are more aware.

For me it's because of people itself. People who are holding bitcoin when they panic sell. Also for fake news that are spreading about bitcoin, so the price can be affected. Since, it's decentralized digital currency , government don't own the bitcoin. We do whatever we want.

Panic sell/buy have been around for quite some time. Many use this tactic to buy/sell bitcoin at the right moment.
Off course many follow news and make moves on what they read or hear sometimes this is good but we saw that news many times comes out late when all is over.

When China made the ban on ICOs and later on Bitcoin exchanges, the market reacted due to fear of the unknown since China at that time was still a major player in the Bitcoin market. This is just a natural reaction from the market. Traders as well as speculators know that people would be reacting negatively to the news...that is why the value of Bitcoin suffered or got into the dip. It did not however made Bitcoin collapsed that why when there is a dip there would be many who would buy the coin because they are taking advantage of the opportunity. This is just a natural cycle for Bitcoin and there is nothing new here.

Now, if you are trying to posit the idea that China intentionally ban the ICOs and the Bitcoin exchanges so that the elites can buy more Bitcoin then that is just another conspiracy theory and certainly if you believe that then you don't really grasp the mentality and mindset of the Chinese government. The Chinese government has its own agenda and for now Bitcoin is not a part of that...in fact they are introducing their own cryptocurrency right now which they can control anytime unlike Bitcoin.

And when the price of Bitcoin dip it is not limiting the opportunity to buy more Bitcoin to the elites as the market is open to all as long as you have the money to buy.

Quite impressive what you are saying ! And do you release it is 100% normal too  ::) , The price dropped because a lot of china BTC holders panic sell and they are a lot it is totally normal when that amount of people panic sell the price will drop hard ! and the price going up also normally after the panic wave of sell ended . You are stating something perfectly normal in crypto world .

The price of cryptocurrency is directly affected by the people involve or investors. News like those in china affects the mindset of amateur investors and do panic selling leaving an opportunity to those who still believe. And now those amateur investors have their regrets on believing and for those who believe , they now enjoy profits.

Bitcoin's rates is base on the Supply and Demand in the market. News, articles, and etc. are just a tool to manipulate the emotional state of the people but Bitcoin can't be manipulated by anyone. The only thing that a person can manipulate is spreading fake news to provide chaos in the market and make people panic.

It's an illusion. Indeed, this bitcoin volatility has something to do with the Chinese government's policy. But I think most of the BTC is not in the hands of a government. The purpose of their repression should be that they do not want BTC to seize the pricing power of their own country's currency.

i think there is not a single person on earth that can manipulate bitcoin.
or even a country, what happened during china ban is not manipulation which caused decrease in price.
but those are the results of weak hands selling their share for the fear of losing their investment.

The price went down after China's bitcoin ban was more of the market's reaction rather than manipulation. Price went up after Japan's bitcoin move was also due to the same reason. Better get yourself acquainted with the market trend and current events, and you'll probably get the idea of how each country's decision or even giant businesses can affect bitcoin price.

It's plausable that China bought bitcoins (and probably have bought also before recent events.) For China's goverment bitcoin is not perfect, but as I understand they have lots of USD, and they probably think it's better switch some of that to bitcoin.

I also believe what iamTom123 said above, they are probably planning to create a cryptocurrency of their own, but that may not have anything to do with buying bitcoin.

It was earlier when china had most of bitcoins and people from other parts had very little share,chinese manipulated bitcoin price as their will by just dumping their bitcoins and creating a crash in bitcoin price.But now,its no more possible.

Bitcoin has reached far to almost all countries and there is a diversified huge buy wall.So,even if any one or a group wants to manipulate bitcoin price by dumping,then immediately it would be bought and price would recover.

Manipulation is even now possible in altcoin which has very low marketcap and not possible in bitcoin.

Bitcoin was being manipulated since its first day. There is no any single market (stocks, currencies, commodities) that is not under manipulation. It is not a big deal. Important thing is to be able to see which direction they are manipulating at that second.

The bigger the market cap the bigger the players but with china the gov seem to get interested really early in bitcoins market cap growth, seems like they do a great job on controlling new variables over there.  USA gov were also interested very early back in late 2013.  With these super power govs come insiders and manipulation of markets.  Its all good though just hodl.

It seems , nothing more.
Supply and demand are the rules which govern bitcoin trading, you can;t buy unless somebody is selling.


It was exactly the other way around.
The price in China for btc was lower so the westerners could easily scoop up coins there and sell them on western exchanges. (arbitrage).


Exactly because we live in a free world you are free to say what you think and I am also free to criticize your thinking.


Sauce for this?
Cause until know all that has come from China were fake ...everything.

It's not manipulation that it's panic buying now to receive free Bitcoins Gold on October 25. So we expect it to continue to rise until after the hard fork. So we also expect Bitcoins to fall after Hardfork because the bitcoins holders have been selling since they have already bought their BTG

Just thinking aloud, since you know all this, why didn't you also buy in into the dip since the information of the dip is for everybody and not that its applicable to only some people to see before it then circulate to the general populace. Sometimes, I wonder how we see opportunities right in front of us decide to avoid it and then come about saying some people behind the scene. Are you in front of the scene?

Actually sometimes we can say that bitcoin price is being manipulated but of being decentralized it could be hardly to happen. Up and down is just normal that might happen in the market place because its supply and demand is a huge factor not can affect its trend not by being manipulated with someone or a group.

Long before the issue with China, bitcoin have been manipulated by whale investors. And btc manipulation is not made by China, never China. There are numerous btc whales out there that can manipulate btc any time they want that it's hard to determine if the surge is natural and organic or by manipulation. Btc price can be manipulated even by a single big whale who owns thousands of btc with just a few clicks. Take for example "Spoofy" who is allegedly manipulating btc market.

Yes, we accept that price goes down after banning of crypto currency in China. Of course China would contribute a huge impact to the price because Chinas is holding the large numbers of crypto exchangers and users at that time. But it doesn't mean that millionaires are manipulating bitcoin and other coins. Because falling of price would probably happen after the shock and they are selling bitcoins for a lower cost.

It is possible. We all know that china is one of the countries that have most users of Bitcoin. Large number of whales are there too. They can possible spread FUD by banning ICO and other BTC exchanges, then this will greatly affect the BTC value. There are also US billionaires who may possibly manipulate BTC. For example, when Mark Cuban tweeted negative issues wih BTC, after minutes the value dropped. These billionaires have huge followings who considers their opinions.

Wouldn't be suprised if Cuban did this just to see if he can.

Every market is vulnerable, and can be subject lf manipulation. Who can manipulate with market is obvious, the one or ones who have wealth higher then total market worth. This is something that banks are doing for centuries with currencies, products, stocks, now someone is doing that with crypto market. In real world there are some laws about it, and people who do this with stocks and currencies can be arrested and sentenced, but its hard to prove this kind of manipulations that's why people who done this before are now free and rich, criminals in suits.

I think you have created a new rumor and that is not good for Bitcoin, it will reduce the bitcoin price because many people are afraid of this rumor. However, instead of saying something that is not grounded, you should provide evidence or any related information to that effect. So, anyone reading this, think hard about your decision because we've been fooled many times in the past.

I think exchangers and ICO banning in China didn't affect bitcoin elite anyhow, they just moved to neighbour countries, such as Hon King and Japan and continue their activity there, which consists mostly in crypto trading.

It probably will, but it's also possible that Chinese whales moved to other exchanges located in Hong Kong and Japan. The statistics seem to be supporting this because right after the bans in China the volume on exchanges in Japan rose by a huge amount. It was obvious some of the traders from China had moved there.
Where there's big money there's manipulation.

Lol. Clearly you have been reading a lot of false news. Haha.
What you are saying is just something that is unbelievable (judging by the circumstances).  Because if you haven't figured it out yet,  clearly, the action of the chinese government was just a natural reaction to get rid of all the scams and shitty ICOs in their back yards connected to the crypto world. Just to make a clearer path way for their very own cryoto currency.

So naturally, this will cause a series of orice corrections because a lot of panicking people will sell their bitcoin possessions no matter how cheao just to cut their losses necause they believe all the crappy fuds being spread around by dumb people or trolls. There may even be a strong possibility that big whales soread this fud to get bitcoins cheaper.

So better relax man, this is something that isn't far from ordinary.

I dont agree with your point of view, and let me explain you .First of all did you notice that China's ban on ICO and BTC Exchanges didn't create big impact similarly getting banned from single country cannot have huge impact on bitcoin prices.And the manipulation is done by the big whales (professional traders) who are just trying to test the patience and psychological mood of the small retail traders by playing with their emotions and by this way they make profits bigger and we make most of the time loss.

Unfortunately I must admit that I am right. In some highly developed countries, the bitcoins are developing very well, the chance is that they will be manipulated by the government, other people. This can contribute to the collapse of the coin, or at least a loss of value, but I sincerely hope that this will not happen.

Hello author! What a nice conclusion!) Can you understand that when a child come in this mad and funny world then in this second this game started! Nobody can guarantee nothing and of course it's not a big secret this is one of the TOP profitable business and this business driven by some people or group of people. Freedom  illusion its great thing) You are addicted to oxygen, sun food and that guy next door etc)

Everyone is right to express an opinion on whatever is happening in the crypto world based on the understanding that we have about series of events. The last crash in which you are quick to ascribe to manipulation create an avenue for people to put in funds while a lot of them are reaping the benefit of such decision. Times without number price have crashed and recover, while some are taking advantage and they are normal human beings even forum members who have made it obvious in their posts what they will do, others are looking at the conspiracies behind such as Op. I am sure if another crash should happen, he will still wyne about it.

First of all it is very difficult to bring any kind of regulation on bitcoin because bitcoin is completely decentralized and countries have failed to bring any regulation policy to control bitcoin according to their well. No one in the world can get control over bitcoin that’s why no one can use bitcoin being manipulated nor bitcoin itself manipulated for himself because bitcoin has given profit to people. Bitcoin is totally democratic for people so manipulation doesn’t exist here.

This is something indescribable information. Why is China involved in here? I guess you are referring China as a real example of what manipulation is about with bitcoin. I can see no difference even without China if they really manipulate bitcoin there should be many rukes indicated with it or the system has broken. What scene are talking about? It should be the people to see before their eyes how bitcoin slowly creates a big scene in the world and that is by helping one another. The manipulation issue won't happen. We can't manipulate bitcoin either.

In a situation with China, one can not say that bitcoin is manageable. Even if we assume that all these actions to prohibit crypto-exchange exchanges and the crypto-currency in China itself were well thought out beforehand so that the course on Bitcoin fell, it should be considered not a control of bitcoin, but a normal trading manipulation. Yes, thus, China managed to retain for a while, and even lower the rate of bitcoin and other crypto currencies, but if the holders of the crypto currency did not sell it, the situation would not be so bad. However, in the end, nothing special happened, Bitcoin safely gets to new records in his course.

yes you are right, it is like that.
it is one of the strategies for rich investors to achieve greater profits.
for those of us whose status is ordinary people, of course, the impact is less good because the price of bitcoin. but not to worry, we take only positive steps. according to my survey, when bitcoin prices fall precisely it is the beginning of the start bitcoin prices will be better and of course the price will be higher.

We can't deny the fact that China has a greater impact of the price in Bitcoin because mostly of the Whales are from China. People can't think other reason to blame if there's a manipulation in here but i guess they were just looking at the front they aren't looking at the top to see what is really happening. The internet is there for you to search everything internet gives you almost the free knowledge that you wanted to know. All you have to do is use your brain and a little common sense.

Small traders follow big traders actions if they see price going up, they tend to buy when whales are buying, this is a domino effect and it is normal in any trading platform, and this is especially true in the cryptocurrency trading.

Looking deeply into the situation i couldn't agree more. Most of us call them sharks. They go ahead and make a bad news to manipulate the price of bitcoin and they buy them while the price is low. And knowing bitcoin would recover after the fall, they profit in a large scale.

Yes but i think it was possible in future, in current postion the users of bitcoin are increasing throughout the world therefore i think now it has become too much difficutl fot a single person or even for a group of people to manipulate the price of bitcoin, becasue of the increasing number of bitcoin investors. Now we can expect that bitcoin will be trading in its origional status and there will be no manipulation anymore.

Bitcoin is too huge to be manipulated completely. Aside from huge money, whales behind the manipulation are also using fake news and FUD. Bitcoin believers must HOLD dont giveup their Bitcoin to fud news.

This is so true, I've been told by some people that mostly big whales come from China maybe this is the reason why do people think that China has a big impact to the bitcoin, but i don't think that their government can manipulate the price like you've just said it can be manipulated by those who hold lot of bitcoins we can't deny this fact that whales can still affect the market, but if you're talking about government regulation, I don't think so.

I know the crypto currencies can be manipulated but I don't think that country as whole can get involved into manipulation like that. The china ban was regarding regulation of ICO projects to reduce the fraudulent cases within the country and to save the money of country being traded outside the nation. This was precautionary step towards the national economy and nothing much. The effect of price drop was just panic response from the rest world.

it is so normal !! Bitcoin is like any type of currency or valued material . like petrol, gold etc....  . it is manipulated by the rich and by great power of bitcoin . if any person or group of people who have huge amount of bitcoin can manipulate the price  of bitcoin .
and manipulating bitcoin market is so easy because of huge amount of newbie trader .

Very realistic idea.It is not easy to develop bitcoin today.There must be some super-investors, politically motivated investors.We are too weak to compete with them.And the feature is that the currency can let anyone from any location to participate, so that we can't stop them, you are right, the currency has been manipulated, but is more than one.

A subtle remark about the free world. I agree to the full 100%. Yes, the exchange rate can be manipulated and this is well used by large investors. They buy news media and TV and tell interesting but false things about bitcoins and crypto-currencies. On such news, they buy or sell crypto-loans for themselves.

There will always be someone trying to manipulate something in their favour. The truth however is that as Bitcoin gets more and more users this will become more and more difficult.

It's also a function of BTC being held by a (relatively) small number of people. Also whales are hoarding majority of BTC so it makes the currency susceptible to manipulation. Over time as more ppl/institutions buy in this problem goes away...

Yes bitcoin can manipulated!
In fact most exchanges have a maximum of investment, and if a person/company/country uses the maximum for trading on these exchanges they can manipulate the price easy... u can see this on the charts with the very thin candles, which lasts for 1-2 minutes. So they make a lot of money right now. Only change for a small investor is, to  regularly set new buy and sell orders in their exchanges. My friend got lucky and made some insane profits with this strategy, but he only invested 5% of is total amount.

If they world join into cryptocurrency and those exchanges growth in value it will be very difficult for whales to manipulate the market. Or the have to risk billion or trillion.

I think yes. Because many large company, country and investor can do the manipulation to their own favor but in reality they hard to manipulate bitcoin because many user are now engage in bitcoin and they hold it even in a small amount of it. Bitcoin now are spreading and it is difficult to control.

Bitcoin is meant to be centralized. This will lead to more concentrated chips, so I think this is just a temporary thing. It shouldn't take long, most countries will abolish the supervision, who will cancel at the end, who will suffer the biggest loss.

Holding never affects the price of anything. If there is a day, when billion people own something but only one sell and one other byus, those two will create the price.

Yes I agree about the increasing users and yes before we all have thought that China manipulated the price of bitcoin. But I have also realised that maybe it's not China, the FUD spread out and a lot of people got scared and feared it and led to panic selling. I don't know about you guys but I think the big dip was not just by China, I think it will not be that of a big deal if it wasn't for those who have panic also.

I too believe Bitcoin is being manipulated.  This is unfortunate.  It is to be expected.  This technology is less than 10 years old and has a market cap of nearly 100 billion worth of usd.  That is a large amount of money.  Money makes people greedy and uncivilized.

In time regulation will come and limit the amount the market can be manipulated.  I believe this.

Actual manipulation is a pretty high bar to accomplish, I suppose it might have been a lot easier years ago when Bitcoin's market cap was so small, but when I think of manipulation I think of something like the Hunt brothers' attempt to corner the silver market from 1974 to 1980...a fascinating story.

Holding definitely affects the market. Holding basically means that the coins are being kept away from circulation, and thus off the market. The more people end up holding, the lower the number of circulating coins will be, and that will reflect on the market. If no one was holding their coins, everything would eventually end up flowing back into the market, which would then result in a situation where there is far more supply than actual demand. If we look in general, the number of on-exchange coins has only been going down throughout the years, and this is something that will continue to happen. It's a slow process, but it has definitely had a major impact on the market.

Hi kiboloves,
care to elaborate?
"meant to be centralized"?
Are you referring to the incoming forks?

If you think the opposite of holding is selling on the market (simultaneously), only then you are right. You could also think that opposite of holding is ...
1) Using bitcoins to buy commodities. That would not have negative impact to the price of bitcoin.
2) Not have bought bitcoins at the first place. That is the most common behavior among humans, and doesn't affect the price unless they are some celebrities talking publicly about it.
3) Short-selling and yes, that would have a negative impact.

lol. good thinking but I just say a few bitcoin users too, of course, do not need to panic with china news forbid and whatever it is, hold your bitcoin in your bag, you will see useful bitcoin in the future :)

It's been done with oil, gold, cash, stocks, foreign exchange and cryptocurrency. It's not a new revelation or anything in fact many early adopters predicted it and warned new users about how to navigate through things such as this.

any threats to bitcoin will not have any impact,, even if there is only a temporary and will not affect a large number,, as any bitcoin price drops,, it will only be reflected temporarily as it will enter many large whales that will re-energize the price so that it bounces off,, and some big companies that adopt bitcoin help bitcoin aggar still exist and without servant...

Because Bitcon's marketcap is so small, given the fact that bitcoin is a currency capable of cross-border transactions seamlessly comparing to a fiat currency with trillions in market cap. So while we're still in the billion dollar club price swings are going to happen. And while we're increasing in marketcap it grows stable.

May be you should do a better research before you say something........ Bitcoin is a decentralized instrument for the 21st century...

I thought about the same thing, bitcoin is just like the stock market where they can buy great amounts of stocks and sell them back if they think they earned enough benefits. But I never thought about a user in a large country that can manipulate bitcoin’s value until as much as today.

I strongly agree with what you are talking about, do not ever waste your Bitcoin, just for the reason China forbids Bitcoin, because Bitcoin is not in one country, there are still many communities and big investors who miss Bitcoin to be taller in this. so no need to worry about what people are saying about Bitcoin.