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Author Topic: Bitcoin's Latest "Fall" Was Manipulated  (Read 473 times)
justdimin
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November 01, 2019, 03:37:58 PM
 #61

I have always said it, $10k is the real price of bitcoin for the longest time, we are not ready for anything above just yet and we are not really liking the price when it falls. Anytime bitcoin goes under $10k there are people who start to accumulate and buy more, anytime it goes up there are people who sell and get out of the market (or at least wait until it falls) so right now 10kish prices are the real prices, sure $9k works but $11k works too, what I mean is anything under $8k (really below 8000 not 8300 or whatever those still work) and anything over $12k, those prices are risky for now which is why I feel like $10k works best.

Only recently we have seen under $8k and we have seen people go crazy when it went under $8k, we bought so much that price went back to over $9k.

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November 02, 2019, 02:43:39 AM
 #62

wherever i look today it seems like there are a lot of people who are surprised about the "rise", which doesn't make any sense to me because there is nothing surprising about this rise in my experience.

the only thing that surprised me was the Fall!
when the market was in bull mode and the price was strongly rising and we had the reasonable correction after the $13k record, things were normal. then the dumping came and price fell, that part was surprising. when price entered the $7k range again 2 days ago it was one of the most surprising things after the $3k drop earlier this year. that drop was "manipulated".

this "rise" that we are seeing today is not at all surprising. it was long overdue and should have happened a lot sooner. we are seeing the market correction and coming back to real prices once again.
There are a lot of questions here from this one. Why and who would manipulate the price of Bitcoin to drop? Not to sound crazy... But could it be a government trying to push people out of BTC and ruin the markets?

I've always thought that if Bitcoin was ever to hit below 3k again, we'd be fucked, I reckon a lot of people would pull out and completely give up on it (except the enthusiastic one).

Prices are stable again. 10k BTC is where it's at!

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November 02, 2019, 04:41:30 AM
 #63

You mean let's forget China huge population and their Chinese President Xi JinPing who has comment that their country should "seize the opportunity" of bitcoin's blockchain technology because his call was just a drama in order for the market to be manipulated? China is known supporter of Bitcoin its just seem that they just want to control it in the past years but failed but now if you will not appreciate them as the reason of behind bitcoin's sudden rally because you believe that later on they will dump it then its up to you because every body is entitled to their own opinion.
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November 02, 2019, 04:54:37 AM
 #64



I've always thought that if Bitcoin was ever to hit below 3k again, we'd be fucked, I reckon a lot of people would pull out and completely give up on it (except the enthusiastic one).


No, It's not gonna happen, either btc will hit $3k or below again or people walking away from crypto market. Either of the both won't gonna happen. Let's say the price of btc is back down again at $3k I dont think people would turn their back away from accumulating more btc. People today is becoming smarter learning from their past mistakes. Btc wont just easily die, not atleast all of the pieces are mined or it might become stable. We never know.

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