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Author Topic: Bitcoin being held down by CME, BAKKT?  (Read 217 times)
Waterfull446
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December 14, 2019, 04:52:00 PM
 #21

The more corporations enter the crypto market the better? I’m talking specifically about the era of famous companies such as Apple, Facebook, IBM, Microsoft, Visa, etc. who are actively involved in the affairs of the crypto community now. Is their appearance on the market still not enough for a more powerful development of the blockchain industry?
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December 14, 2019, 05:49:47 PM
 #22

Both of them may be powerful organization but they dont have a volume to back it up. They may start accumulating bitcoin but at the end of the day its common people who need to sell their BTC to them. Why people are selling at this dumped price..? If they have good volume and trying to manipulate the price then we can say that Bitcoin is getting held down.

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December 14, 2019, 05:59:56 PM
 #23

The more corporations enter the crypto market the better? I’m talking specifically about the era of famous companies such as Apple, Facebook, IBM, Microsoft, Visa, etc. who are actively involved in the affairs of the crypto community now. Is their appearance on the market still not enough for a more powerful development of the blockchain industry?

The volume of contracts concluded on the day the site was launched by the New York Stock Exchange operator was very low. So the current drop in Bitcoin prices can be carried out so that institutional investors can enter the market, because now they are just waiting for its further decline.

I don’t know when a big business will buy bitcoins, and I don’t think private investors should worry about it. But here are the tools for tracking the rate of cryptocurrencies and obtaining predictions and trading signals, as taklimakan network has it, will be useful to every person interested in digital assets. First of all, you need to think about how to not make problems for yourself because of these manipulations at the cost of bitcoin, which someone higher does.

No dude, without large fish, the entire market continues to stagnate in shallow water instead of going out into the open sea. Now the price has probably fallen for adjustment. Bakkt concludes contracts in bitcoins, which naturally creates a demand for bitcoins. Price detection is normalizing, and overall Bakkt should be an excellent investment tool to attract more institutional investors, as Bakkt will increase Bitcoin's market capitalization.

If you recall the bitcoin price fraud, then Bakkt is probably not the cause of the bear run, but JP Morgan Chase. They were held accountable for fraud associated with fixing the prices of gold and silver, they may have decided to slowly buy Bitcoin at over-the-counter trading, and decided to reset as soon as the start of bakkt began to trigger a stop loss and trading algorithm / bot so that they could redeem the crashed bitcoin before the upcoming grandiose move to $ 15,200, and then further.
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December 14, 2019, 06:01:51 PM
 #24

If they have the power and amount of money to invest into an concrete strong objective such as a pump and dump scheme then yes.

For sure you will find yourself looking at some big dives or rises from the price.

I just hope for the best if they conceal to buy more than regularly less as everyone thinks in the future.

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December 14, 2019, 07:27:03 PM
 #25

Be downed forever because of CME I don't know, but every month : YES.
These organisations have a lot of power indeed, but if they think they can get more money with a Pump, no reason for them to create a dump ?

Personally, I think YES. Somehow, they might be keeping it low to stock up large amounts. You know, for those who are holding a small amount of bitcoin, they always feel nervous when the bitcoin price is not growing. This means they have lost their perseverance, at some point, they will sell their bitcoins, it will be a downfall. In contrast, sharks like this, they will buy slowly, hoard a lot. It is an ongoing plot, and we cannot prevent.

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December 14, 2019, 08:46:45 PM
 #26

Be downed forever because of CME I don't know, but every month : YES.
These organisations have a lot of power indeed, but if they think they can get more money with a Pump, no reason for them to create a dump ?

Personally, I think YES. Somehow, they might be keeping it low to stock up large amounts. You know, for those who are holding a small amount of bitcoin, they always feel nervous when the bitcoin price is not growing. This means they have lost their perseverance, at some point, they will sell their bitcoins, it will be a downfall. In contrast, sharks like this, they will buy slowly, hoard a lot. It is an ongoing plot, and we cannot prevent.

Price action without any news is usually connected to manipulation on futures or attempts at squeezing shorts or longs. They don't want Bitcoin to become too big before they understand and adapt blockchain tech. Probably every single entity planning a launch of their private altcoin is interested in keeping the Bitcoin's price down.
Why? Because bitcoin pumps make people go crazy and invest. If the market cap goes up by a few billion the fiat will come from people's pockets. Money that could be otherwise spent on emerging centralized currency like the digital Euro, that was recently in the news.

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