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Anti-Cen
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Activity: 210
Merit: 26
High fees = low BTC price
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April 01, 2018, 01:50:33 PM |
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The miners and development team at Bitcoin are part of the cartel as many developers already know who have not sold themselves out to the bankers.
of course bankers can pump and dump and no one can stop them now they own the development team too.
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Mining is CPU-wars and Intel, AMD like it nearly as much as big oil likes miners wasting electricity. Is this what mankind has come too.
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trgnn
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April 01, 2018, 01:51:33 PM |
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This "paper" is too much shared. There is probably price manipulation and whales coordinated attacks but I dislike the way this thing it written. It's sensationalist and it's heavenly lacking of facts and serious analysis. If, and I say if, we're suffering price supression, this topic have to be seriously investigated and I wouldn't call myself a data analyst by showing four charts. Hell with those charts I could even write down an article pretending the aliens are among us and Trump is pepe.
I tend to think people who came in arond 10k and before 20k are had too much expectations. They probably don't even know what Bitcoin is about and they don't care about how blockchain can change their daily life, so now they're dumping in panic, dramatically increasing the weight of anykind of manipulation happening around anyway.
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taxmanmt5
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Activity: 1190
Merit: 1024
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April 01, 2018, 01:51:46 PM |
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It does not matter if this is true or not, but the problem is that this article is too much popular now and since people are looking for a reason to find the price drop, these type of articles take the popularity. And above all, they bring more panic in the market.
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GreatOrchid
Legendary
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Activity: 1092
Merit: 1001
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April 01, 2018, 01:53:53 PM |
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The miners and development team at Bitcoin are part of the cartel as many developers already know who have not sold themselves out to the bankers. of course bankers can pump and dump and no one can stop them now they own the development team too.
I saw this article more than days ago, and it was pretty interesting. i came out looking for a lot of information and it seriously make sense. Well, i think that the price of each bitcoin will drop a lot during the upcoming days, or even weeks.. i am sure that we all are gonna make a very good profit if we buy at the bottom.
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trgnn
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April 01, 2018, 01:54:09 PM |
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It does not matter if this is true or not, but the problem is that this article is too much popular now and since people are looking for a reason to find the price drop, these type of articles take the popularity. And above all, they bring more panic in the market. Agreed. As usual, people aren't sharing deep thoughts and ideas, they're sharing emotional reactions. This isn't good if we want to think straight about possibilities and solutions.
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trgnn
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April 01, 2018, 01:55:05 PM |
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The miners and development team at Bitcoin are part of the cartel as many developers already know who have not sold themselves out to the bankers. of course bankers can pump and dump and no one can stop them now they own the development team too.
I saw this article more than days ago, and it was pretty interesting. i came out looking for a lot of information and it seriously make sense. Well, i think that the price of each bitcoin will drop a lot during the upcoming days, or even weeks.. i am sure that we all are gonna make a very good profit if we buy at the bottom. This "paper" lacks of sources and what is and should remain an assumption is written down as a fact. This is nowere near to be serious.
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Xavofat
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April 02, 2018, 10:04:29 PM |
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Wow. I actually do suspect that there is market manipulation going on given how much more overt manipulation there is in other cryptocurrencies, but this article comes off as a flat earther's wet dream.
The CME volume has simply not been high enough to have such a dramatic effect on the market, and the article relies on a lot of assumptions in order to make convoluted claims about this faceless "cartel".
It even goes on to imply that the use of the term "conspiracy theory" in any context is wrong due to what they believe is its origin.
Bitcoin journalism in general tends to be a bit lackluster, but I'm hoping for some interesting pieces about manipulation over the next couple of years. I'd welcome anyone who can direct me to some now, actually.
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PokerStein1
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April 02, 2018, 10:43:39 PM |
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I read this article 1 week ago and it is really a conspiracy theory. For sure there is some groups does not want bitcoin to be grow but this article is crazy about its theories.
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jonloner011
Newbie
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April 03, 2018, 10:19:53 AM |
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I also think that only Cartel can not be the only reason of price fall. There are so many factors responsible for the dump. But yes, Cartel is just a FUD in this time.
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jaocoincrypto18
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April 03, 2018, 10:30:30 AM |
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The link is not accessible but i strongly believed that there is no price manipulation that is happening in Bitcoin and even in the whole Crypto currencies market right now because this is a purely a real demand which is currently very low at the moment because of some FUD like social media banning of Crypto currencies advertisements and the strict regulation. Market will be manipulated if there is a sudden spike increase of the price value in which in reality it was pump up by the big whales.
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Eijrafarm
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April 03, 2018, 10:36:14 AM |
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Well, it is highly possible. Base on the price the trend looks like a replicate on what happen to January's dump until it comeback to is original price. This is a controversial issue that is to be solved immediately.
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cryptovally01
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April 03, 2018, 03:42:01 PM |
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Futures markets are used to manipulate real world assets like gold.. and now Bitcoin. It is a tool to short the markets without actually ‘own’ the asset. Only thing they need is loads of money.. (which they have). It is a game that is being played for a long time and it is effective.
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CryptoGosu
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April 03, 2018, 03:48:23 PM |
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As it seems to me, everything is now not so bad as it seems. This fall was inevitable. For some reason, everyone perceives the growth to 20,000 as something natural. Everything has its own payoff.
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