daarul50
Legendary
Offline
Activity: 1596
Merit: 1034
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 21, 2019, 11:23:57 AM |
|
sure not to make the price too volatile, because that would scare merchants and it will hamper merchant adoption. So, how low are we going this
I'm sure that the whales don't care about merchant adoption since all there care about is Bitcoin having a price on which they can be traded it on. Merchant adoption for them is nothing as long as someone in the exchange or another buyer is willing to buy their Bitcoin or crypto on the price they are asking because in the end money is really what they want. If we will consider the price movement we are experiencing now it would still be considered as too volatile for merchants to accept but the good thing is merchants don't follow the price of Bitcoin itself but instead they BTC follows the USD value of the product which can justify why volatility isn't a relevant factor for merchant adoption since BTC quantity quickly adjust for the prices set by merchants and it's really up to them if they want to hodl and handle the risk or liquidate and avoid it. of course they have no clue about what actually could be done with bitcoin , they don't believe in the vision. but they do care about how making money through the free market with what they call as a low capitalization compared to commodities market , making them to think that a couple million dollars could easily change the trend and guess it works. there is a group of people who own billions dollar detected moving their 100000 bitcoins in early september 2019 this is pretty obvious one of the reason why by the end of september the price surge to $10000 easily. and i still believe a lot of people with those buying/selling powers are in the game of bear now.
|
|
|
|
lienfaye
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 22, 2019, 06:54:15 AM |
|
We know manipulation is real but it becomes predictable? For me still the prices are too much unpredictable and the rate increases only by days passes,even we met 6% price dump on the bitcoin price seriously anyone expected this?
The market is in red status, is this because of the manipulation? In the past history this situation already happened and just repeating itself. I dont think market is predictable because if it does then many investors sell everytime there's a price recovery and they should not wait for further growth of their coins. Seeing the coins in red status can trigger those weak investors to panic sell. If whales are waiting for major dump of these investors so they can buy back then this situation wont stay for long we can expect a recovery.
|
|
|
|
Google+
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 22, 2019, 08:33:02 AM |
|
currently a lot of speculation is circulating and states that the prediction is correct but you should know that the price condition of cryptocurrency can never be predicted unless you have a lot of money capital and have a team that can spread bad news or good news that can provide price movements because many will be affected by information circulating on the internet.
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
X-ray
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 22, 2019, 08:33:53 AM |
|
We know manipulation is real but it becomes predictable? For me still the prices are too much unpredictable and the rate increases only by days passes,even we met 6% price dump on the bitcoin price seriously anyone expected this?
Agree, although there is some indication to the pattern of pump and dump but no one really know. The dump and pump always leave people who have no idea failed to predict anything even all these events are just abstract to begin with. It can be either price manipulation or people just following the pattern. There are some trading analyst or so called "Expert" out there that are giving the pattern to every movement of the price which I dont believe ofcourse but that can become self fulfilling prophecy.
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
cryptic4000
Full Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 451
Merit: 100
Decentralized Ascending Auctions on Blockchain
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 22, 2019, 09:28:20 AM |
|
We know manipulation is real but it becomes predictable? For me still the prices are too much unpredictable and the rate increases only by days passes,even we met 6% price dump on the bitcoin price seriously anyone expected this?
The market is in red status, is this because of the manipulation? In the past history this situation already happened and just repeating itself. I dont think market is predictable because if it does then many investors sell everytime there's a price recovery and they should not wait for further growth of their coins. Seeing the coins in red status can trigger those weak investors to panic sell. If whales are waiting for major dump of these investors so they can buy back then this situation wont stay for long we can expect a recovery. In the last 2 days, the market continued to go downtrend and this makes things more and more difficult in the future. Currently there are not many good options for investors and you should be more careful when trading because large fluctuations can greatly affect current profits. In my opinion if whales continue to manipulate this market then surely in the next few years you will not be able to make any profit.
|
|
|
|
zeze18
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 22, 2019, 11:35:21 AM |
|
currently a lot of speculation is circulating and states that the prediction is correct but you should know that the price condition of cryptocurrency can never be predicted unless you have a lot of money capital and have a team that can spread bad news or good news that can provide price movements because many will be affected by information circulating on the internet.
Media has a great power of affecting the price because of the news, moreover the news from china usually can pump and dump the price significantly just like right now it's because the central bank of china was said they're anti of cryptocurrency and media spread the news and the price dropped so deep
|
|
|
|
akmal1984
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 22, 2019, 12:24:32 PM |
|
I feel I was really hit with the current market conditions. Because the decline in the price of bitcoin also causes a decrease in altcoin. Just last week I bought an alt coin and now the price is far from my purchase price. But I will immediately remember the history of the previous bitcoin and altcoin where the market will definitely be green again. But now I have to be patient not to make a cut loss
|
|
|
|
el kaka22
Legendary
Offline
Activity: 3640
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 22, 2019, 03:10:06 PM |
|
I think whenever bitcoin price drops people worry that it is a manipulation and that is a good thing. The reason for it is being a good thing is that people think the only way bitcoin could drop in price is if someone actually manipulates the price. Normally there is no reason for bitcoin to be low price, everyone that uses it likes it, it makes peoples lives better, it is a better store of value than anything in the world and it certainly beats fiat in any race.
Still, the price sometimes falls, so people say the only reason it could fall is some whale selling to buy more later and manipulating the price, that means peoples perspective of bitcoin is always bull but we just can't afford to fight against whales and that is understandable but whales can't always afford to fight with us neither, in the end they will have to join the bull side to make more money.
|
|
|
|
Kambal2000
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 22, 2019, 03:27:36 PM |
|
I feel I was really hit with the current market conditions. Because the decline in the price of bitcoin also causes a decrease in altcoin. Just last week I bought an alt coin and now the price is far from my purchase price. But I will immediately remember the history of the previous bitcoin and altcoin where the market will definitely be green again. But now I have to be patient not to make a cut loss
We know that Bitcoin is too volatile, yes the price now is really ridiculous and was unexpected, but as per traders and experts said that it will bounce back too, so let's patiently wait as for sure this will be happen, it is manipulated, yes, so we should be aware and we should be ready all the time, price monitoring from time to time should be a must except if you are long term holder.
|
|
|
|
Mahanton
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 22, 2019, 03:50:42 PM |
|
I think whenever bitcoin price drops people worry that it is a manipulation and that is a good thing. The reason for it is being a good thing is that people think the only way bitcoin could drop in price is if someone actually manipulates the price. Normally there is no reason for bitcoin to be low price, everyone that uses it likes it, it makes peoples lives better, it is a better store of value than anything in the world and it certainly beats fiat in any race.
Still, the price sometimes falls, so people say the only reason it could fall is some whale selling to buy more later and manipulating the price, that means peoples perspective of bitcoin is always bull but we just can't afford to fight against whales and that is understandable but whales can't always afford to fight with us neither, in the end they will have to join the bull side to make more money.
Heres one why do manipulation is becoming too obvious right now: https://cointelegraph.com/news/bithumb-quashes-shanghai-office-closure-rumors-after-binance-denialA typical stuff that do happen not only to Forex and stocks market but also to this one.There would always those who are on top which would lead out the market.
|
|
|
|
R |
▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
| | | | | | .
| | | ▄▄████▄▄ ▀█▀▄▀▀▄▀█▀ ▄▄░░▄█░██░█▄░░▄▄ ▄▄█░▄▀█░▀█▄▄█▀░█▀▄░█▄▄ ▀▄█░███▄█▄▄█▄███░█▄▀ ▀▀█░░░▄▄▄▄░░░█▀▀ █░░██████░░█ █░░░░▀▀░░░░█ █▀▄▀▄▀▄▀▄▀▄█ ▄░█████▀▀█████░▄ ▄███████░██░███████▄ ▀▀██████▄▄██████▀▀ ▀▀████████▀▀ | . ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ ░▀▄░▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄░▄▀ ███▀▄▀█████████████████▀▄▀ █████▀▄░▄▄▄▄▄███░▄▄▄▄▄▄▀ ███████▀▄▀██████░█▄▄▄▄▄▄▄▄ █████████▀▄▄░███▄▄▄▄▄▄░▄▀ ████████████░███████▀▄▀ ████████████░██▀▄▄▄▄▀ ████████████░▀▄▀ ████████████▄▀ ███████████▀ | ▄▄███████▄▄ ▄████▀▀▀▀▀▀▀████▄ ▄███▀▄▄███████▄▄▀███▄ ▄██▀▄█▀▀▀█████▀▀▀█▄▀██▄ ▄██▀▄███░░░▀████░███▄▀██▄ ███░████░░░░░▀██░████░███ ███░████░█▄░░░░▀░████░███ ███░████░███▄░░░░████░███ ▀██▄▀███░█████▄░░███▀▄██▀ ▀██▄▀█▄▄▄██████▄██▀▄██▀ ▀███▄▀▀███████▀▀▄███▀ ▀████▄▄▄▄▄▄▄████▀ ▀▀███████▀▀ | | OFFICIAL PARTNERSHIP SOUTHAMPTON FC FAZE CLAN SSC NAPOLI |
|
|
|
Webetcoins
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 23, 2019, 03:06:48 PM |
|
I feel I was really hit with the current market conditions. Because the decline in the price of bitcoin also causes a decrease in altcoin. Just last week I bought an alt coin and now the price is far from my purchase price. But I will immediately remember the history of the previous bitcoin and altcoin where the market will definitely be green again. But now I have to be patient not to make a cut loss
We know that Bitcoin is too volatile, yes the price now is really ridiculous and was unexpected, but as per traders and experts said that it will bounce back too, so let's patiently wait as for sure this will be happen, it is manipulated, yes, so we should be aware and we should be ready all the time, price monitoring from time to time should be a must except if you are long term holder. Instead of entirely relying on traders and experts, the best would be to do your own research and come up with the reasons behind the high expectations from bitcoin. If you will not develop habit of doing work on your own, life will become difficult and depressing. The main reason why bitcoin holders are expecting huge pump is the halving that will be happening in next year. It results in increment values.
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
Slow death
Legendary
Online
Activity: 3136
Merit: 1121
Leading Crypto Sports Betting & Casino Platform
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 23, 2019, 07:18:02 PM |
|
Imagine if a person has a financial crisis in his country and to protect himself from this crisis buy bitcoin for $ 9200, two months later he sees that the price has dropped from $9200 to $5500 and at that time he needs to sell to cover his expenses and will have to sell with great losses. Price manipulation is a big evil that has been hurting the crypto world for years
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
cryptothreads
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 24, 2019, 01:52:36 AM |
|
Imagine if a person has a financial crisis in his country and to protect himself from this crisis buy bitcoin for $ 9200, two months later he sees that the price has dropped from $9200 to $5500 and at that time he needs to sell to cover his expenses and will have to sell with great losses. Price manipulation is a big evil that has been hurting the crypto world for years
This happens in any market so this problem is really normal. I think that before investing, everyone needs to have a specific investment plan and if it is not possible to make a profit, it is best to keep stable coins or fiat because these are two options to help you ensure your assets when participating. In fact, when investing in Bitcoin, everyone has been warned and if you accept the investment, you should also learn to accept risks. For the time being, people still believe in Bitcoin, so it is certain that the coin will soon rebound and will soon return to the $10,000 price early next year.
|
|
|
|
ajeef
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 24, 2019, 02:34:14 AM |
|
Imagine if a person has a financial crisis in his country and to protect himself from this crisis buy bitcoin for $ 9200, two months later he sees that the price has dropped from $9200 to $5500 and at that time he needs to sell to cover his expenses and will have to sell with great losses. Price manipulation is a big evil that has been hurting the crypto world for years
Whoever buying crypto when they have a financial crysis is the worst ide i've heard, because investing in crypto is too risky and people who investing in crypto usually using their free money which money that they can afford to lose. Cryptocurrency is hard and the price never be predicted, it could be manipulated by the whales and also the coin's owner itself, so we don't have to place too much expectation when we invested in crpyto
|
|
|
|
Hallmader
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 24, 2019, 02:41:43 AM |
|
Imagine if a person has a financial crisis in his country and to protect himself from this crisis buy bitcoin for $ 9200, two months later he sees that the price has dropped from $9200 to $5500 and at that time he needs to sell to cover his expenses and will have to sell with great losses. Price manipulation is a big evil that has been hurting the crypto world for years
Whoever buying crypto when they have a financial crysis is the worst ide i've heard, because investing in crypto is too risky and people who investing in crypto usually using their free money which money that they can afford to lose. Cryptocurrency is hard and the price never be predicted, it could be manipulated by the whales and also the coin's owner itself, so we don't have to place too much expectation when we invested in crpyto But this is true in many countries where the financial crisis is getting worse everyday. We take a little reference to the countries in South America where their fiat currency is fast losing value and the inflation is very high, very much beyond the tolerable percentage level. Venezuela and Argentina are two example countries where Bitcoin or cryptocurrency has become an alternative store of value if in case their fiat will turn into the worst possibility and become worthless.
|
|
|
|
dragon695
Full Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 449
Merit: 103
Decentralized Ascending Auctions on Blockchain
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 24, 2019, 03:04:23 AM |
|
This was obvious in 2018 and people called it an explosive bubble. strong shocks are deliberate for many sharks. they are willing to manipulate bitcoin to buy more now and wait for a suitable time to pump it up again. When trading in a market full of manipulation, we need to be smart and alert in trading to make more money.
|
|
|
|
wxa7115
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 24, 2019, 04:49:03 PM |
|
I think whenever bitcoin price drops people worry that it is a manipulation and that is a good thing. The reason for it is being a good thing is that people think the only way bitcoin could drop in price is if someone actually manipulates the price. Normally there is no reason for bitcoin to be low price, everyone that uses it likes it, it makes peoples lives better, it is a better store of value than anything in the world and it certainly beats fiat in any race.
Still, the price sometimes falls, so people say the only reason it could fall is some whale selling to buy more later and manipulating the price, that means peoples perspective of bitcoin is always bull but we just can't afford to fight against whales and that is understandable but whales can't always afford to fight with us neither, in the end they will have to join the bull side to make more money.
This is an interesting take about what it is happening and in a way you are right, we think so highly of bitcoin that many think that the only way it can go down is if the price is somehow being manipulated by the whales of the market, but at the same time we need to recognize the truth while the whales have the power to move the markets, in order to produce extreme results they need the help of all of us so if we see a huge crash or a huge increase in the price then everyone was involved in it. We must understand that despite the power the whales hold they are not omnipotent and they cannot move the market completely as they wish.
|
|
|
|
|