Whether there is a manipulation on Bittrex or not, I still like the site more than any other sites because they are by far the most reasonable site I've ever encountered. And I basically don't have any problems with this exchange site as well. And oh probably the reason why altcoins are dumping is probably because Bitcoin is close to reach the $6000 goal.
I use Bittrex, i never had problems with it (but many people is in the last weeks, search it in the forum), yet i don´t find anything special about it... Also most of good new projects are not there.. they don´t even have "chainlink" and are usually the last to incoporate this exciting new projects because apparently entering requires to pay a huge amount of coins. So Bittrex is totally fulled with tones of old unised coins that nobody cares excepts the pump-dump gangs.
Will i stop using it?, i´m already not using it as much as before.. and honestly i don´t feel like supporting someone who has such power in the community to choose who success and who does not.
Argument: People are moving alts to BTC
This is mainly false. Though it is true, it didn’t happen at the scale that matches with the volumes moved from alts to BTC across any other exchange. This wasn’t a market-wide movement like we saw with BIP91 activity between June and July.
Argument: It’s just whales
If it were just whales, you wouldn’t have seen this level of diversification and havoc in every page of Bittrex. This pattern is everywhere, from page 1, through page 7. This pattern doesn’t show up on any other exchange in this fashion. Whales don’t buy LGD, come on…
Again – we are not journalists, we are analysts. We are open to discussion or other raised insights in any of our Social platforms (Facebook, Twitter or Slack).