Bitcoin-Manipulation-Cartel — Price-Suppression is their Goal

[ashmodeus]

well
first sorry if this repost or something like that.
go to the point.
i see some article on my telegram group,
Article

for lazy man.




"This is announcement from OKEx: “Dear valued customers, At 5:00–6:30 on Mar 30, 2018 (Hong Kong Time), a number of users performed unusual transactions to manipulate the price of BTC quarterly futures contract, making it deviate greatly from the BTC index. Based on our team’s investigation, the user closed a huge amount of positions at market price without considering the cost, causing it to drop to an unusually low level. We will disclose the transactions details in further notice” "

for more. please see article.

so guys, what do you think ?
are we in new era of market maker.
i just confused , because price is like fucking joke for now.

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[Crypto_lion]

I don't if it exists in a major level or something but I have no doubt in my mind that once the futures started and institutions started pouring money into it , manipulation was always going to happen.

[8count]

I always felt that once futures started that it was always going to be a tough ride for the average investor from their on. If the market can grow with a lot more investors then hopefully uptrend will return.

[kul0n]

Unambiguously, after the introduction of futures, bitcoin will no longer be the same and this is obvious, time will show what awaits us

[MoonIsBlue]

Enough parties that are interested in keeping BTC down, so yeah its plausible.

[ashmodeus]

Enough parties that are interested in keeping BTC down, so yeah its plausible.

my opinion about that just simple.
of course for rally money.
we know btc dont have any LAW for people having it.
so , every people in the world , easy to joining ,
but the problem, the whales,manipulation,etc.

[dimitriaustralia]

90-99% of all the Bitcoin is owned by 1% of all the users.
Bitcoin is an improvement to the monetary system only in efficiency. The main issue of the previous fiat currencies is more abundant in Bitcoin which is the concentration of the elites wealth making all other users slaves for the system.
Fair distribution and manipulation proof are the most important elements needed.
Also note the volatility as a way they increase their holdings through manipulation.
The entire crypto shere has been infiltrated not only bitcoin.

www.bitcoinb.io

Get involved and help expose the manipulation!

[masterrex]

Wooh I do believe it was existed But as we ordinary traders /users are not aware of this situation but its common in any market so im not wondering if this manipulation has already impluence the BTC price But one thing I know Dirty works are existed in the name of profit so its possible in cryptos.

[Bitico777]

Manipulation has always been. But even in such a market you can make good money. We just have to be careful.

[dumbdragon]

It is very strange that bad news comes after the market is fully up. It is no more than a drop in the market in time.

[5ensei]

The twins company Gemini are going to work together with nasdaq to prevent this type of market manipulation. This is really unhealthy and wouldn't be tolerated in normal stock exchanges. They will not be able to suppress the price for long

[bttmember]

Do not worry, next couple of months bulls will be back in bitcoin and i expect a new all time high, 2018 has already see a 4 month long bear trend and consolidation in btc price now expect bull run soon.

[ashmodeus]

Wooh I do believe it was existed But as we ordinary traders /users are not aware of this situation but its common in any market so im not wondering if this manipulation has already impluence the BTC price But one thing I know Dirty works are existed in the name of profit so its possible in cryptos.

i cant say "we are not aware"
I prefer to think we can not do anything.

It is very strange that bad news comes after the market is fully up. It is no more than a drop in the market in time.

actually this news from a few weeks ago .

Do not worry, next couple of months bulls will be back in bitcoin and i expect a new all time high, 2018 has already see a 4 month long bear trend and consolidation in btc price now expect bull run soon.

yep , we hope that.
we already see bulls run since 2 weeks ago .

[trumper]

The twins company Gemini are going to work together with nasdaq to prevent this type of market manipulation. This is really unhealthy and wouldn't be tolerated in normal stock exchanges. They will not be able to suppress the price for long

I hope that will be beneficial for the market, I agree their supress works only for the short term and those who trade short term may suffer from them but if you invest for the long term, nothing to worry.