I think we should start discussing how we can identify and do something about such manipulative scenarios.
I don't know how it is a crime when an investor sells off at ATH or buys in at a ridiculously cheap price during a dip. Isn't the ability to understand and feel the beat of the market in order to know when to take profit a business dexterity? Why do we (losers) always think it is manipulation? Why?
I don't imply that it is a crime to profit from the trade. Like other people are discussing in the thread, maybe we should try to figure out who exactly could be doing this, if they really are??
The banks/ hedge funds or filthy rich investors. If there was a way to analyze the transactions and look for patterns, it wouldn't be so hard to identify the most active trading links. I understand that it goes against the whole philosophy to be asking something like this but then, if such a manipulation scenario was true, people should know who is making the concerted effort??
3. Normal investors must say no to FOMO and only invest what they are willing to lose. That way, you don't lock your capital at ATH.
I don't think there is such a thing as "Normal Investors". We can safely say we have investors who are adverse to risk and those who are gross risk takers.
Lol.. by "Normal Investors", I mean the people who are jumping into this because they see it as a way to unshackle themselves from the low-return and risky investments otherwise peddled by investment banks and financial organizations (Remember House mortgage based derivatives??).
People who are jumping in with enough knowledge to take advantage of the volatility , i.e, traders, are not Normal investors. Those who form whale groups to manipulate ICO prices and flip them for quick gains aren't either.
Your average Joe's who hear about bitcoin from media and then go on to sell houses or take other huge risks are the normal investors..
