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Author Topic: Tether manipulation did not let this market grow organically!  (Read 220 times)
kingzpro
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June 17, 2018, 03:52:06 PM
 #21

Well if that is the case we will see new manipulation game for the next bull run because whatever the reason big whales who are buying this dip will do it one way or the other to pump the market to new highs sooner or later.

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June 17, 2018, 04:02:02 PM
 #22

Maybe the alleged bitfinex fraud will eventually go higher...

check here :
https://bitcointalk.org/index.php?topic=4220591

or right here: http://business-review.eu/news/us-opens-investigation-into-bitcoin-price-manipulation-170945
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June 17, 2018, 04:29:40 PM
 #23

I have never understood the fluctuation of the tether price . I do not understand why is always 0.95-1usd and people cant sell or buy lower or higher than this price . Are the exchanges blocking this feature Huh
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June 17, 2018, 04:47:09 PM
 #24

Tether has a history of manipulating the Bitcoin price and bringing an artificial pump and many a times Bitfinex has been criticized for the same. There are many reports backing this claim that Tether are strategically being printed during a downtrend to bring BTC back in uptrend. This does effect market for a short period and brings in an inorganic growth. But market always recovers from such an artificial pump. Same is happening now. Market is going through a correction and a consolidation period.
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June 17, 2018, 04:54:14 PM
 #25

FACT.
You can not base any ALTs future value based on the past. The past was manipulated!
I disagree with you because there is no guarantee that manipulation will not happen in the future.!
Manipulation is the thing that threatens the market, not just the crypto market but the stock market can be manipulated
As long as there is greed, big people will always try to manipulate the price of every market. We should really not focus on the past price because we have different situation now, this market will grow again and we should be happy that we experience those kind of situation because it will help us to be more better.
as long as humans still need money, i think manipulation will still exist, because it is the way of whales to make a big profit. and can not be prevented because they have large capital to drive prices

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June 17, 2018, 05:18:22 PM
 #26

So, they are printing Tether like national banks to not let it becomes higher than Bitcoin? It is possible...
Do they really possess the equivalent of USD? And for how long can they resist this fall?
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June 17, 2018, 06:00:07 PM
 #27

FACT.
You can not base any ALTs future value based on the past. The past was manipulated!

FACT: You cannot base any market performance future based on its past. This is true for every single market, fiat, crypto, stocks, commodities, anything. Manipulated or not, patterns are there for the people who believe in strategy and hope, and in crypto, people actually believe they can game the system.

Fact: If you truly believe people could game the system, they already are, and they're not coming into this forum or any online place to tell others. They're doing it and moving the market to their desired direction.

In essence, if you believe manipulation exists, then you also understand that there's nothing you can do about it.

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June 17, 2018, 07:29:23 PM
 #28

But if it has been speculated in the past it is more likely that the price based on the speculation will decrease or it will continue to be speculated.
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June 17, 2018, 10:24:26 PM
 #29

I think the real offender was the ICO craze. Every time people buy into ICOs with crypto they already hold, they essentially double or sometimes triple the mcap of global crypto. For example if I hold 1 BTC, some entity hosts an ICO which I buy into, there is now 1 BTC worth of coins and that 1 BTC that the team holds. If you take ETH to get NEO to participate in NEO ICO, that's 3x an effect. If you start with dollars, then it's 4x. Coincidentally, when ICOs had to start paying operation costs, they had to sell crypto for fiat payments. Now those duplicate gains are being erased.
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