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Olayinka225
Jr. Member
 Offline
Activity: 322
Merit: 1
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November 20, 2018, 06:01:48 PM |
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I don't think BTC was dropped by manipulation but I think the price dropped because of the news that surrounded BCH fork. Alot have been said and heard about this fork and it has caused alot of market panic.
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dothebeats
Legendary
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Activity: 3640
Merit: 1353
Cashback 15%
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November 20, 2018, 06:05:05 PM |
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Manipulation is very much plausible cause of the recent drop in bitcoin and other cryptocurrencies. CSW has been hinting that he has a huge control over the market and can go on and bear the losses others might incur. As for Tether, the CFTC has been eyeing the possibility of Bitfinex being involved in some insider trading that affects the prices greatly due to manipulative tactics being applied with the help of the said stablecoin. Right now, there aren't any clear answers as to why we have fallen into such a massive downward spiral within a short span of time, but most people are inclining towards manipulation as the main culprit of the steep drop.
Manipulators should already be aware that watchful eyes are already observing bitcoin from afar.
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Zin-Zang
Member
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Activity: 364
Merit: 13
Killing Lightning Network with a 51% Ignore attack
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November 20, 2018, 06:09:03 PM |
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The investigation started almost a year ago and has been ongoing. It is not a recent event.
Did you not know tether was a fractional reserve scam? |
I was Red Tagged because Lauda Blows Theymos to get back on DT
The rest are just lauda's personal butt monkeys=> Hhampuz , Vod, TMAN , achow101
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aad140386
Member
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Activity: 420
Merit: 20
simply getting the job done
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November 20, 2018, 06:15:54 PM |
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It is difficult to say whether this was market manipulation or just the panic of traders and investors. Now the market is very nervous. Now, perhaps, the best position is the lack of position. Those who are out of the market are now quietly watching the situation from the outside and are waiting for what will happen next. I do not like to make predictions, but it seems to me that 4500 is not yet a bitcoin bottom, and difficult times await us. I am waiting for $ 3,000 for Bitcoin, and then I’ll have to look at the volumes.
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Mycro Jobs
〈 SIMPLY GETTING THE JOB DONE ⟩
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strannik1998187
Newbie
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Activity: 13
Merit: 0
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November 28, 2018, 08:03:02 PM |
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What caused the rapid fall? The stability of the cryptocurrency is due to the fact that it is in high demand and supply in the financial market. Recently, users began to mine exclusively in order to sell. On all exchanges, without exception, there is such a picture: the number of offers for sale exceeds the number of buyers.
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Sandus_Cryptolover
Jr. Member
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Activity: 482
Merit: 3
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November 28, 2018, 08:07:55 PM |
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The price or Bitcoin dropped suddenly as a result of the false rumour clouding BitcoinCash hardfork thus pushed many investor to dump Bitcoin for BitcoinCash. I believe this was adequately orchestrated to pull down the price of Bitcoin.
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https://mobu.io/ |
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rarkenin
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November 28, 2018, 08:26:57 PM |
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Speculation is root of all evil  In old communism years speculators hide the bread for selling when war gonna hit hard whole country. Price drop is conclusion not cause. Regulators should apply some rules to legalize the trades and limit the money washing tactics. |
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Micerker
Full Member
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Activity: 593
Merit: 100
BBOD The Best Derivatives Exchange
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November 28, 2018, 08:29:37 PM |
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You should find out how the Crypto market works and you will find the answer. This market is a puppet of the rich, you are a participant, and you are forced to spend money watching their performances. They will do everything you can to give them money, and this is how they make money.
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wdnj
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November 28, 2018, 08:52:25 PM |
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All I can see is why BICOIN FELL hard?
This is due to the BCH FORK, look at the market now!
BTC is climbing up again this is due to reopening on the BCHABC now.
I am now much worried about thos BCH holders. i do have 75 percent thought of BCH falling.
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Kotone
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November 28, 2018, 09:02:40 PM |
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If there's no proper regulation why would they bother to investigate? They should have taken their position first on the subject of regulation whether it's really not. I'd say they are doing like an insider trading or sorts of so the manipulation really starts from those that have the authority. |
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alex_gr_cc
Jr. Member
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Activity: 322
Merit: 1
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November 28, 2018, 09:14:08 PM |
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This year there was a lot of negative news. But none of them caused such a strong fall in the market. I think that this time there were manipulations.
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GigTricks
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Ronaldcoin2017
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November 28, 2018, 09:30:03 PM |
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I don't think that the dropping of the bitcoin price is cause by manipulation because there are so many factors that affect the bitcoin price and some of it is really dumping, if we take a look at some bitcoin transaction history we can see that there would be a huge amount of bitcoin dump on the market and it is the cause of the dropping of its price. Maybe that was only a big investors and not a manipulators.
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Gary Levanevskii
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November 28, 2018, 10:25:00 PM |
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There are big players on the cryptocurrency market that can influence the price. There is no surprise that they are pursuing their own interests. I would advise you not to panic. I think the latest market decline is associated with panic.
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btcluisdiki
Member
Offline
Activity: 448
Merit: 10
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November 28, 2018, 10:42:35 PM |
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I believe that the previous huge market drop has sometbing to do with whales manipulation and people got panicked which had resulted to drastic panic selling. In effect due to more supply of btc, the drop has been continuing to nose dive. People need to accept the fact that this is actually happening and the previous ear market is just one of the effects of manipulation.
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a4techer
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November 28, 2018, 10:49:00 PM |
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Its difficult to trust that bitcoin dropping just because of manipulation. I think no one can manipulate the value of bitcoin due to this is decentralized and who can manipulate bitcoin if it happen. I think bitcoin dropping was also basing on the stocks or supply because not only cryptocurrency who dropping but also the stock market was also dropping so it means nothing to worry why it is bitcoin value and other coins dumping.
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sunsilk
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November 28, 2018, 10:49:56 PM |
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This year there was a lot of negative news. But none of them caused such a strong fall in the market. I think that this time there were manipulations.
I think you have misunderstood it, most of these FUDs went perfect to influence the market negatively. And as for the good news, none of them really caused a strong uplifting move for the market during those times of need. Let those investigations come. Even last year there's also one that has been said such as manipulation due to tether printing. I'm not updated regarding it so whether the market goes high or low, there would be speculations that it is manipulated. |
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therhslv
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November 28, 2018, 10:52:00 PM |
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Nobody knows , but in my opinion yes there is manipulation and there will be till we dont reach like 2-3 trillion or more marketcap . Somebody with big chunk of money could drive the price down when market was kinda bleeding and accumulate at lower levels Then somebody will give green light for institutions and guess what they will already have big chunks of bitcoins and maybe other top coins aswell |
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lyks15
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November 29, 2018, 10:43:38 AM |
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I think manipulation is not the reason why bitcoin was drop because all we know that many people are already scared to invest in bitcoin so the cash in investment are lessen and I think this is the reason why bitcoin drops. I believe that bitcoin can manipulate but I think they cannot manipulate the national bitcoin's value. This is only my personal idea and conclusion. We dont all know the real score about the bitcoin drops. We know that nothing is impossible when high technology used but I think bitcoin community did not let it happened because it may cause of bitcoin' death.
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rumexx
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November 29, 2018, 11:02:08 AM |
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Manipulation is part of cryptocurrency because of its speculative nature. Some of the influencers can manipulate the market to their own whims and caprices at the detriments of majority of the holders who acquire the coins even at a higher market price. But the fall in price this time around has been attributed to the hard fork of BCH where two coins were birthed. Similar situation happened last year and after the storm the market moved and created a new high.
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