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Author Topic: A hard manipulation?  (Read 418 times)
OrangeII
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March 16, 2020, 03:14:58 AM
 #41

I believe what you say, it's just that the current conditions really match. actually, it's not just bitcoin, but gold and other investments are also dumping quite badly, it's just that the decline in bitcoin is too sudden. This makes me think that there is a possibility of manipulation. however, until now I have not planned to sell my assets to become fiat, I still believe that halving will bring a big increase. Well, when halving happened, I think many people who want to have bitcoin in their wallet.

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March 16, 2020, 06:27:15 AM
 #42

I believe what you say, it's just that the current conditions really match. actually, it's not just bitcoin, but gold and other investments are also dumping quite badly, it's just that the decline in bitcoin is too sudden. This makes me think that there is a possibility of manipulation. however, until now I have not planned to sell my assets to become fiat, I still believe that halving will bring a big increase. Well, when halving happened, I think many people who want to have bitcoin in their wallet.

It might be urgent because of the panic too, so many sell their crypto and dumping also occurs throughout the crypto market, well indeed the global economy is in accordance with crypto, but they can still prevent it and not be too bad in losses so that there are still sticking with stocks they also have security in fiat money so they are waiting for the market to stabilize again.

I do not know whether this huge dump is due to large whale manipulation or because of the effect of this virus because there is no accurate news in my opinion, but overall, all markets are down.

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pooya87
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March 16, 2020, 07:56:10 AM
 #43

You know what is funny?

When Ifinex was printing tether to boost the bull market in 2017, everybody freaked out. Then you had the tether FUD, based on the view it was morally wrong to print tether when there was no dollar to cover it, even when this was fueling bitcoin's rising to all time highs and prompting adoption by merchants.

But when its Bitmex using its paper contracts to boost the bear market, nobody says a word. And when I say that paper manipulation (futures, options, derivatives, etc) is literally stealing, then people freak out and says this is "normal" market behavior, even when this might hurt adoption of bitcoin in the long term.

Its like people have been programmed to be poor and to accept failure as a default condition of existence.

it is simply because the FUD machine has not yet chosen that topic to put it under magnifying glass.
you know what is even funnier? Tether has been printing like crazy before 2017 bull market and even more during 2018 dumps. but nobody even talked about why (if the FUD were true) bitcoin price was dropping while Tether was printing more than 2017.

it is like the recently popularized thing about "whales move a lot of bitcoin" FUD where during drops you see a lot of talks about big transactions whereas nobody talks about the same big transactions during price rises or any other time and they are happening just the same during those times too. why? because the FUD machine doesn't put it under magnifying glass and sheeple don't bother using their own heads.

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